• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

MayorWatch

London News and Comment

  • NEWS

Lord Mayor leads business delegation to Middle East

February 13, 2009 by Martin Hoscik

A business delegation led by the Lord Mayor and including senior representatives of investment banks, asset managers, insurers and law firms, is visiting the Gulf and Saudi Arabia. During the trip the party are expected to meet with members of the various ruling families as well as senior government and business figures.

Lord Mayor Ian Luder said: “Our relationship with the Gulf and Saudi Arabia is hugely important and on this visit I hope to continue building on that relationship. I look forward to sharing our experience in the City of Islamic finance and also to encouraging business leaders and financial institutions to look to London as a partner to do business and mobilise capital and expertise.

“The visit comes at a critical time: in recent months global financial markets have been rocked by the credit crisis which has spread around the world. Now, as we begin to re-build market confidence and financial stability, the value of trusted and close relationships, such as that between the United Kingdom and the member countries of the Gulf Co-operation Council, are more important than ever. As global trading nations – the U.K. and our partners in the Gulf and Saudi Arabia recognise the importance of keeping markets open.”

The Lord Mayor’s delegation will visit Dubai (14-16 February), Abu Dhabi (16 – 18 February), Qatar (18 – 20 February) and Saudi Arabia (20 – 23 February).

  • Click to share on X (Opens in new window) X
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on Tumblr (Opens in new window) Tumblr
  • Click to share on Pinterest (Opens in new window) Pinterest
  • Click to share on LinkedIn (Opens in new window) LinkedIn
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to print (Opens in new window) Print
  • Click to email a link to a friend (Opens in new window) Email

Filed Under: News

RECENT UPDATES

Tube and rail users to benefit from Oyster weekly fares cap

Mayor and TfL call on ministers to help plug funding gap

Tube to get full mobile phone coverage from 2024

TfL says Direct Vision Standard is already making HGVs safer for London road users




POPULAR

City Hall to move to Docklands as Mayor seeks to raise £55m for frontline services

‘Concern’ over TfL’s ability to deliver major projects in wake of Crossrail cost overruns

City Hall halts London Overground ticket office closures but many will still see opening hours reduced

Transport for London confirms bus cuts will go ahead despite passenger opposition

Copyright © 2025 · Terms of Use · Privacy Policy