The Lord Mayor of the City of London, Andrew Parmley, arrived in Qatar yesterday to help improve financial and professional services ties between Qatar and the UK. The two-day visit will aim to boost bilateral trade and investment between the two countries which currently stands at over £5bn per year.
Acting as ambassador for the UK’s financial and professional services, Lord Mayor Parmley will be in Doha to meet the Minister of Finance, Governor of the Qatar Central Bank, CEO of the Qatar Investment Authority, CEO of the Qatar Financial Centre, CEO of the Qatar National Bank and speak at a reception hosted by the British Ambassador.
He will emphasise how the City of London can support Qatar’s 2030 National Vision-driven infrastructure programme and their hosting of the World Cup in 2022. He will also visit Kuwait on his Gulf states visit. Speaking ahead of his trip, Lord Mayor Parmley said: “The UK fully supports Qatar in its ambitious plans to grow a sustainable and vibrant economy in the next decade. We have seen incredible growth in the past few years and now their ambitious investment plans, coinciding with the 2022 World Cup, mean economic partnerships with global financial centres – of which London is one – are going to be integral to their expansion. I can guarantee that both the UK, and the City of London, will be standing by Qatar in these fast-moving times.” The Lord Mayor will also visit Kuwait on his Gulf states visit.
