London: Abdulla bin Touq Al Marri, Minister of Economy and Chairman of Investopia, visited the London Stock Exchange (LSE) headquarters. The visit, part of an official trip to the United Kingdom, aimed to explore partnership opportunities and promote investments in the fintech and financial services sectors.
At the LSE, Al Marri, who also participated in the market close ceremony, met with Julia Hogget, CEO of the LSE, Michael Mainelli, Lord Mayor of the City of London, and various representatives from governmental and financial sectors of both countries.
The discussions emphasized the robust historical ties between the UAE and the UK, with a focus on elevating these relations to new levels of prosperity. Al Marri highlighted the fintech and financial services sectors as crucial areas of economic cooperation.
This visit marked an opportunity to strengthen collaboration in financial market activities and digital solutions. It served as a platform for exchanging best practices and expanding access to promising prospects in new economy sectors for businesses in both countries.
The UAE economic delegation’s visit included the ‘Investopia London’ event, in collaboration with HM Treasury, under the theme “UAE-British Financial Services: Partnership for the Future.” This follows the October 2023 agreement between the UAE and the UK to enhance cooperation in financial services. The agreement focuses on enabling the private sector, startups, and entrepreneurs to access market opportunities and share expertise in various financial services, including green finance.
Investopia is at the forefront of implementing this agreement, fostering cooperation between the UAE and the UK, particularly in finance, banking, and advanced financial technology sectors.
The organization is committed to strengthening global investment community ties, enhancing economic growth by expanding investment opportunities in emerging sectors.
Looking ahead, the third edition of the Investopia Summit, set for February 28th and 29th, 2024 in Abu Dhabi, will feature bilateral meetings and discussions, focusing on investment opportunities in various sectors, including sustainability, the green economy, and new technologies for financial services.
What is ‘Investopia’
Investopia is a state-owned investment platform based in the UAE, founded in September 2021. It is designed to connect investors and businesses with the UAE’s economic landscape. Launched by Sheikh Mohammed bin Rashid Al Maktoum and Abdulla bin Touq Al Marri, it held its inaugural edition at Expo 2020 and has since hosted its Global Talks series in various international cities.