British legal and financial professionals visit Mideast

DUBAI— A British delegation of legal professionals, financial service providers and trainers, are visiting Dubai and Qatar this week to seek new business opportunities and expand contacts.

By Staff Reporter

Published: Wed 18 Apr 2007, 8:38 AM

Last updated: Sat 4 Apr 2015, 9:13 PM

Promoted by UK Trade and Investment, the delegation is also supported by Barclays Wealth Intermediaries and Corporates. The London-based delegates are looking at ways of bringing their expertise to the region, as well as forming business partnerships with firms in a similar field. For most of the delegates this was the first trip to the region, and they were overwhelmed by the size and pace of development in Dubai.

One barrister, with particular expertise within the fields of commercial arbitration, financial services, construction and professional negligence, among others, said that he imagined Dubai would afford ample opportunity to use his services, especially in the construction sector, given that Dubai was one of world's largest construction sites.

Another company, Berkeley Futures Ltd, said its primary objective is to forge business relationships with Dubai-based investors and broking houses by marketing its online trading platforms as well as its traditional broking services.

London is recognised as the world's leading centre for international finance and business services, and a centre for innovation. It is also one of two leading centres for international legal services in the world, contributing 1.4 per cent to UK GDP.

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