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UAE investments in UK

Suzanne Fenton Gulf News
UAE investments in UK - UAE - United Kingdom - Investment Property - Overseas Investments

Dubai: The UAE has diversified its investment portfolio in recent years by plunging billions of dirhams into a variety of UK assets.

The investments stretch over a great swathe of sectors, from premier league football clubs to prime pieces of London real estate and from historic ships to budget hotels.

Trade between the two countries has always been very strong. Bilateral trade for the first six months of 2008 reached a massive £2.52 billion (Dh15.68 billion).

Of this, UK exports to the UAE from January to July 2008 stood at £1.87 billion. UK imports from the UAE stood at £646 million.

Although the UAE is awash with petrodollars, Dubai in particular generates the least income from oil and has made concerted efforts to find other sources of wealth outside its borders.


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