Hong Kong News

Nonpartisan, Noncommercial, unconstrained.
Monday, Mar 27, 2023

Busy days in Gulf for Lee

Busy days in Gulf for Lee

Chief Executive John Lee Ka-chiu said Hong Kong and the United Arab Emirates will continue the "rewarding cooperation" and to create strong business network and opportunities together.
Lee and his delegation of officials and more than 30 industry leaders from Hong Kong, started the visit in Abu Dhabi yesterday after a two-day trip in Saudi Arabia's capital Riyadh.

He spoke yesterday in the Abu Dhabi-Hong Kong Business Forum and networking luncheon where he greeted participants by saying "Hello from Hong Kong!" - a large-scale tourism campaign launched by the government last Thursday.

"We are here to tell you that Hong Kong is back on the center stage again, back in active business, for creating opportunities for Abu Dhabi for the United Arab Emirates, for each and everyone of you," Lee said.

"No quarantine, no isolation, no restriction whatsoever, we are on a clear path of recovery after three years of Covid-19 attacks, and recovery means opportunities, abundant opportunities for development and for prosperity," he added.

Lee said Hong Kong and the UAE are "strong and longstanding business partners" and the SAR can join the UAE in supporting its 'Belt and Road' ventures.

He said Hong Kong is a one-stop Belt and Road center for professional services, and he is also looking forward to the day the two places can have a wide-ranging cultural exchange, while the two governments have also agreed to sign a memorandum of understanding in green and sustainable finance.

The Federation of Hong Kong Industries, which is in Lee's delegation, signed a MOU with Abu Dhabi Chamber on promoting a closer economic partnership.

Before he left Saudi Arabia on Monday, Lee met with the secretary-general of the Cooperation Council for the Arab States of the Gulf, Jasem Mohamed Albudaiwi, to understand more about the large-scale infrastructure projects implemented under the Belt and Road Initiative in Saudi Arabia.

Lee also attended the LEAP 2023 technology conference regarding the latest developments of enterprises from various countries and regions in such areas as innovation and technology (I&T) and artificial intelligence.

Lee also met the president and chief executive of state-owned oil company Saudi Aramco, Amin H Nasser, during the conference on Monday, and touted Hong Kong's important role as one of the world's leading international financial centers and its unique advantages under the "one country, two systems" principle and the GBA development.

On Monday afternoon, Lee also met with Saudi Arabia's minister of communications and information technology Abdullah Alswaha, to exchange views on fostering cooperation on I&T between Hong Kong and Saudi Arabia.

Lee also met with Saudi Arabia's minister of investment Khalid Al-Falih again.
Newsletter

Related Articles

Hong Kong News
Close
0:00
0:00
Singapore’s Prime Minister says China and US need to stabilize relations because world can't afford a confict between the two superpowers
Gordon Moore, a co-founder of Intel Corporation, died at 94
In a dramatic U-turn against His Government: Judicial Reform Legislation Must Be Halted, Says Israeli Defense Minister Yoav Gallant
Powell: Silicon Valley Bank was an 'outlier'
Bordeaux town hall set on fire in France pro democracy protest
Police violence in Paris
Paris: Some of the police are stepping down and showing solidarity with the protesters.
Donald Trump arrested – Twitter goes wild with doctored pictures
NYPD is setting up barricades outside Manhattan Criminal Court ahead of Trump arrest.
Credit Suisse's Scandalous History Resulted in an Obvious Collapse - It's time for regulators who fail to do their job to be held accountable and serve as an example by being behind bars.
Goldman Sachs cuts outlook for European bank debt over Credit Suisse crisis
Paris Rioting vs Macron anti democratic law
'Sexual Fantasy' Assignment At US School Outrages Parents
The US government has charged Chinese businessman Guo Wengui with leading a $1 billion fraud scheme that cheated thousands of followers out of their money.
Credit Suisse to borrow $54 billion from Swiss central bank
The BBC problem about China
Russian Hackers Preparing New Cyber Assault Against Ukraine
"Will Fly Wherever International Law Allows": US Warns Russia After Drone Incident
If this was in Tehran, Moscow or Hong Kong
Announcing GPT-4
TRUMP: "Standing before you today, I am the only candidate who can make this promise: I will prevent World War III."
China is calling out the US, UK, and Australia on their submarine pact, claiming they are going further down a dangerous road
A brief banking situation report
We are witnessing widespread bank fails and the president just gave a 5 min speech then walked off camera.
Donald Trump's asked by Tucker Carlson question on if the U.S. should support regime change in Russia?.
'No relation to the American SVB': India's SVC Bank acts to calm depositors amid brand name confusion.
Good news: The U.S. government is now guaranteeing all deposits, held by, Silicon Valley Bank, and the funds are available as of today
Silicon Valley Bank exec was Lehman Brothers CFO
In a potential last-ditch effort, HSBC is considering a rescue deal to save Silicon Valley Bank UK from insolvency
Saudi Arabia has announced a major breakthrough in diplomacy with Iran after two years of intense talks
Elon Musk Is Planning To Build A Town In Texas For His Employees
The Silicon Valley Bank’s collapse effect is spreading around the world, affecting startup companies across the globe
City officials in Berlin announced on Thursday that all swimmers at public pools will soon be allowed to swim topless
Fitness scam
Market Chaos as USDC Loses Peg to USD after $3.3 Billion Reserves Held by Silicon Valley Bank Closed.
A primitive judge in Australia sparked outrage when he told a breastfeeding woman to leave his courtroom for being “a distraction"
Barcelona is feeling the heat as they face corruption charges over payments to former vice-president of Spain's referees' committee, Jose Maria Enriquez Negreira
Banking regulators close SVB, the largest bank failure since the financial crisis
Silicon Valley Bank: Struggles Threaten Tech Startup Ecosystem"
The unelected UK Prime Minister Rishi Sunak, an immigrant himself, defends new controversial crackdown on illegal migration
Old clip of Bill Gates saying Ukraine is a big, fat, corrupt sinkhole is going viral
Man’s penis amputated by mistake after he’s wrongly diagnosed with a tumour
2 universities in Hong Kong embrace use of ChatGPT, other AI tools
In a major snub to Downing Street's Silicon Valley dreams, UK chip giant Arm has dealt a serious blow to the government's economic strategy by opting for a US listing
Missing Chinese banker was working to set up Singapore family office
Hong Kong ditches Covid mask mandate after 945 days
Xi Jinping and His Wife Meet with Cambodian King Norodom Sihamoni and Queen Mother Norodom Monineath Sihanouk
How do stolen goods end up on Amazon, eBay and Facebook Marketplace?
It's the question on everyone's lips: could a four-day workweek be the future of employment?
Is Gold the Ultimate Safe Haven Asset in Times of Uncertainty?
×