Officials from the United Arab Emirates (UAE) and Saudi Arabia visiting Hong Kong have appealed to local businesses to expand their operations and list in the Middle East to capitalise on emerging opportunities.
Advertisement
Business heavyweight Victor Fung Kwok-king also told a forum on Tuesday that the Middle East held strategic importance, describing it as a “launching pad” for local businesses in the long run.
The event, titled “Hong Kong 3.0 – Prosperity Connected Globally”, was held at a luxury hotel in Central by the one-year-old Hong Kong Ambassadors Club, co-founded by businessmen Jeffrey Lam Kin-fung and Patrick Tsang.
In the past year, the club organised seven business delegations to the Middle East, visiting Dubai and Abu Dhabi in the UAE, as well as Saudi Arabia, Kuwait and Bahrain.
Speaking to hundreds of business professionals, Yaser Al Yousuf, director of investor relations and retention at the Abu Dhabi Investment Office, appealed to local start-ups as well as small to medium enterprises to explore the UAE market.