Hong Kong’s Middle East mission lays groundwork for collaboration opportunities

In February 2023 the Hong Kong Trade Development Council (HKTDC) embarked on a week-long business mission to the Middle East, led by Mr John Lee, Chief Executive of the Hong Kong Special Administrative Region (HKSAR). Over 30 business leaders from finance, logistics, technology and professional services joined the mission to Riyadh, Abu Dhabi and Dubai. The signing of 13 Memoranda of Understanding (MoU) during the mission signals new collaboration opportunities between Hong Kong and Middle East companies and organisations in business, finance, innovation and technology, sustainability and transport. By showcasing Hong Kong’s strengths through business and official exchanges and proactive publicity, the mission deepened economic and trade relations and enhanced cultural exchange between Hong Kong and Saudi Arabia and the United Arab Emirates (UAE), helping Hong Kong attract investment and talent. It also solidified Hong Kong’s role as the global gateway to Mainland China and a leading business and investment hub in Asia.