UAE News Today : Politics

Investopia and London Stock Exchange explore collaboration in fintech sector

Abdulla bin Touq Al Marri, Minister of Economy and Chairman of Investopia, participated in the market closing ceremony at the London Stock Exchange (LSE).

He visited the LSE headquarters in the British capital to discuss partnership opportunities, exchange experiences and promote investments in cutting-edge financial services and fintech.

Julia Hogget, chief executive of the London Stock Exchange, He received it in the presence of Michael Mainelli, Mayor of the City of Londonand several representatives of government agencies, the private sector and financial services companies from both countries.

Bin Touq He highlighted the strong historical ties between the United Arab Emirates and the United Kingdom. These relationships have continually evolved in various fields in light of both leaders’ commitment to take them to new heights of prosperity and advancement.

He highlighted that the fintech and financial services sectors are key components of the economic cooperation agenda between the two nations.

The visit to the London Stock Exchange strengthens collaboration opportunities in activities and businesses related to financial markets and cutting-edge digital solutions. It also served as a platform to exchange best practices in these crucial areas and facilitate access for the business communities of both countries to promising prospects, particularly in the new economy sectors.

The UAE economic delegation, led by the Economy Minister, visited the London Stock Exchange as part of his official visit to the United Kingdom. During this visit, a new edition of Investopia Global Talks titled ‘Investopia London’ will be held in cooperation with Her Majesty’s Treasury, under the theme “British-UAE Financial Services: Partnership for the Future”, in collaboration with the Treasury of His Majesty.

In October 2023, the United Arab Emirates and the United Kingdom signed an agreement to strengthen collaboration and partnership in financial services. The objective is to allow the private sector, startups and entrepreneurs from both countries to access market opportunities and exchange experiences in financial market activities. These include innovative and cutting-edge financial services, green finance and more.

investopia plays a key role in implementing the outcomes of this agreement by fostering cooperation between the United Arab Emirates and the United Kingdom, with a specific focus on stimulating global investments in new economy sectors such as finance, banking and technology advanced finance.

investopia remains committed to fostering stronger connections between the global investment community, government entities, business leaders, thought innovators and experts. This collaboration aims to accelerate the flow of capital and broaden investment prospects in emerging sectors, ultimately improving economic growth at a regional and global level.

The third edition of Investopia Summit will be held in Abu Dhabi on February 28 and 29, 2024. It will feature various events and activities, including bilateral meetings and discussion sessions between representatives of global and regional governments, investors, private sector companies, and academic and research institutions.

The summit aims to explore investment opportunities in the UAE market and regional and global markets. In addition, it aims to highlight the economic changes that have occurred worldwide, which has led countries to invest in new sectors of the economy. It also seeks to promote cooperation in areas such as sustainability, the green economy, the circular economy, investment in talent, clean energy and new technologies for financial services.

News source: Emirates News Agency

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