UK welcomes UAE investment, but any deals subject to national security rules 

Reuters| London | United Kingdom

Updated: 18-04-2024 17:22 IST | Created: 18-04-2024 17:16 IST

Image Credit: Pixabay

British Deputy Prime Minister Oliver Dowden said on Thursday that Britain welcomed investment from the United Arab Emirates but deals would always be subject to Britain's national security regime. "I very much welcome investment from the UAE," Dowden said.

He added: "Any investment from any state needs to be subject to our national security and investment regime" Reuters had earlier reported that the state-owned Abu Dhabi National Oil Company considered buying Britain's BP but did not progress beyond preliminary discussions.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

READ MORE ON

Abu Dhabi National Oil CompanyBritainBritishDowdenOliver Dowden

READ MORE

OPINION / BLOG

LATEST NEWS

VIDEOS

View All