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Middle East

The MENA (Middle East and North Africa) region is set to be the next big growth market for e-commerce, with many retailers turning their attention to countries such as Saudi Arabia, the UAE and Egypt.

Israel

The UK is Israel’s leading export destination within Europe. Total trade in goods and services between the UK and Israel was £6.1 billion in the four quarters to the end of Q2 2022, an increase of 33.1% or £1.5 billion from the four quarters to the end of Q2 2021.

The Thames Valley: A Hub for Israeli Business

A publication by Arlington Business Park has revealed that the Thames Valley is truly a centre for market excellence in which Israeli companies thrive. The document, which can be accessed here, shows significant Israeli inward investment within the region, especially within the technology sector.

Located in Theale, Reading, Arlington Business Park offers Grade A office space, ranging from 2,500 to 35,000 sq ft. Combining a modern working environment with the benefits of the outdoors, the Park is designed around a picturesque lake and is accompanied by amenities such as a café, floating pavilion meeting room, gym and theatre-styled landscaped space. Discover more here.

I am pleased to see the prominence of Israeli companies in the Thames Valley publicised, alongside the important role the cluster plays in the region’s flourishing technology eco-system. With the highest density of businesses in the UK, employing 58,000 people and contributing approximately £13.6bn in turnover, digital technology has long been one of the key sector strengths of Berkshire. The Israeli tech-hub at Arlington Business Park will help ensure that the wider region sustains its position at the forefront of a British tech economy valued at £161bn.

Paul Britton, CEO at Thames Valley Chamber of Commerce

To read the full article, click here

Qatar

The single largest destination for Qatari investment in Europe, the UK is home to investments worth more than £35bn to the country’s economy.

Qatar/UK Business and Investment Forum

The Qatar/UK Business and Investment Forum was led by the former British Prime Minister and MP for Maidenhead, Theresa May and the Qatari Prime Minister, who was accompanied by a 450-strong senior business delegation.

The event brought together Qatari investors and UK companies and business leaders; over the course of two days, deals of more than £5bn were announced.

United Arab Emirates (UAE)

The UAE is the UK’s largest export market in the Middle East and the 13^th biggest globally.

Total trade in goods and services between the UK and UAE was £15.1 billion in the four quarters to the end of Q2 2022, an increase of 31.0% or £3.6 billion from the quarters to the end of Q2 2021.

In 2020 (the latest year for which data is available), the inward stock of foreign direct investment (FDI) in the UK from UAE was £12.2 billion, accounting for 0.6% of the total UK inward FDI stock.