Thursday July 28, 2022

UAE-UK trade projected to reach £25 billion

UAE-UK trade projected to reach £25 billion

Officials pose for a group photo at the event in Dubai.

Inayat-ur-Rahman, Business Editor

As per the UK’s Department of International Trade, the UAE is the Britain’s 25th largest trading partner globally. The UAE-UK trade and investment relationship has gone from strength to strength in recent years, from £12 billion (Dhs60b) in 2014 to £18.4 billion (Dhs92b) in 2020.

This year the trade will go up again significantly and would be back to pre-COVID-level of about £18 billion and is projected to go up to £25 billion within a couple of years.

To give boost to the trade relations, negotiations were held earlier this year between the UK and the UAE to sign a free trade agreement.

While interacting with the media at the sidelines of an event Abdul Ameen, Managing Director, London International Studies and Research Center (LISRC) Dubai said, “London International Studies and Research Center (LISRC) and offers a wide range of University Degree, Diploma Courses which are internationally accredited and certified training programmes delivered 100% online worldwide, Offline in London and Dubai.”

UAE-UK trade projected to reach £25 billion

Abdul Ameen.

Elaborating further about the Unique Selling Point and its market share Ameen, added: “We at LISRC are proud of our global community which includes over 10,000 successful alumni.

“We plan to tap the maximum market share in The UAE and for this very reason LISRC is opening centers in other Emirates and the most recent was inaugurated in Abu Dhabi and Saudi Arabia, which was set up during Dubai Expo 2020 and which coincided with six-month-long exposition, staged under the central theme, “Connecting Minds, Creating the Future” and which defied the tremendous challenge of the COVID-19 pandemic, delivering a resounding success. Our USP is that we offer international certifications from CPD London and ATHE London with unlimited repeats sessions for the students.”

Ameen further spoke about the courses his company offers and said, “LISRC delivers online Undergraduate/ Postgraduate degrees, diplomas and internationally certified certification programs to learners from around the globe.”


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