British Prime Minister Keir Starmer and Saudi Crown Prince Mohammed bin Salman have discussed tariffs and economic partnerships. Reuters; PA
British Prime Minister Keir Starmer and Saudi Crown Prince Mohammed bin Salman have discussed tariffs and economic partnerships. Reuters; PA
British Prime Minister Keir Starmer and Saudi Crown Prince Mohammed bin Salman have discussed tariffs and economic partnerships. Reuters; PA
British Prime Minister Keir Starmer and Saudi Crown Prince Mohammed bin Salman have discussed tariffs and economic partnerships. Reuters; PA

Starmer hails 'good progress' on trade deal with GCC


Paul Carey
  • English
  • Arabic

UK Prime Minister Keir Starmer has hailed the “good progress” on efforts to agree on a GCC-UK trade deal, in a call with Saudi Crown Prince Mohammed bin Salman.

In Wednesday's call, they discussed tariffs and an economic partnership, Downing Street said. “The leaders started by discussing recent developments on global trade tariffs,” a spokeswoman said.

“The Prime Minister reiterated his commitment to working closely with international partners to maintain global economic stability. He added that the UK will continue to take a measured and calm approach.

“The leaders discussed the importance of strengthening economic partnerships to provide further certainty for businesses, and agreed to build on the good progress so far on the UK-GCC free trade agreement.

“Turning to defence, the leaders agreed to continue work to deepen defence and security co-operation.”

The Saudi Press Agency reported that the two leaders “reviewed bilateral relations, explored areas of co-operation, and discussed ways to enhance them. They also addressed several topics of mutual interest".

After last year’s general election, Britain’s Labour government said it was eager to restart talks towards securing a free-trade agreement with the GCC.

Negotiations resumed in September and since then virtual and in person negotiations have taken place, including a GCC delegation visiting London in October and a UK delegation visiting Riyadh in November.

In December, trade minister Douglas Alexander said the focus from both sides was on achieving a “modern and commercially meaningful agreement”.

The UK's recently appointed Economic Secretary to the Treasury, Emma Reynolds, told The National last month the UK aimed to deepen its trade and investment partnership with the UAE and was seeking more dual listings on the London Stock Exchange to further strengthen ties in the financial sector.

Ms Reynolds described a free trade agreement with the GCC as “in development”, but there was “for more, a more detailed partnership with the UAE on the GCC-FTA”.

She said the UAE is a “hugely important economy for us … [the two countries have a] historically close relationship".

“We signed a MoU [memorandum of understanding] together on financial services in October 2023," she added. "So, I've been discussing where we can have concrete follow-up steps, whether it's progress on dual listings that we'd like to see, or on further exchanging ideas around open banking and FinTech and, indeed, sustainable finance.”

Record numbers of tourists from the UAE and Gulf regions are expected to visit the UK this year and spend an estimated £3.5 billion ($455.7 billion).

In its inbound tourism forecast for 2025, VisitBritain research has found 548,000 UAE visitors will travel to the UK – up 10 per cent on the 2024 estimate. Their spending is expected to jump by 22 per cent to £1.1 billion this year on their trips in the UK, according to Oxford Economics.

The number of tourists from GCC countries, including the UAE, visiting the UK is also set to rise to 1.4 million, an eight per cent rise on the 2024 estimate.

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Dr Ayham Ammora, scientist and business executive

Ali Azeem, business leader

Tony Booth, professor of education

Lord Browne, former BP chief executive

Dr Mohamed El-Erian, economist

Professor Wyn Evans, astrophysicist

Dr Mark Mann, scientist

Gina MIller, anti-Brexit campaigner

Lord Smith, former Cabinet minister

Sandi Toksvig, broadcaster

 

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Company name/date started: Abwaab Technologies / September 2019

Founders: Hamdi Tabbaa, co-founder and CEO. Hussein Alsarabi, co-founder and CTO

Based: Amman, Jordan

Sector: Education Technology

Size (employees/revenue): Total team size: 65. Full-time employees: 25. Revenue undisclosed

Stage: early-stage startup 

Investors: Adam Tech Ventures, Endure Capital, Equitrust, the World Bank-backed Innovative Startups SMEs Fund, a London investment fund, a number of former and current executives from Uber and Netflix, among others.

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Goalkeepers Simon (Athletic Bilbao), De Gea (Manchester United), Sanchez (Brighton)

Defenders Gaya (Valencia), Alba (Barcelona), P Torres (Villarreal), Laporte (Manchester City), Garcia (Manchester City), D Llorente (Leeds), Azpilicueta (Chelsea)

Midfielders Busquets (Barcelona), Rodri (Manchester City), Pedri (Barcelona), Thiago (Liverpool), Koke (Atletico Madrid), Ruiz (Napoli), M Llorente (Atletico Madrid)

Forwards: Olmo (RB Leipzig), Oyarzabal (Real Sociedad), Morata (Juventus), Moreno (Villarreal), F Torres (Manchester City), Traore (Wolves), Sarabia (PSG)

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Where can I submit a sample?

Volunteers can now submit DNA samples at a number of centres across Abu Dhabi. The programme is open to all ages.

Collection centres in Abu Dhabi include:

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  • Al Towayya in Al Ain
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YEMEN: “The developments we have seen are promising. We really hope that the parties are going to respect the agreed ceasefire. I think that the sense of really having the political will to have a peace process is vital. There is a little bit of hope and the role that the UN has played is very important.”

PALESTINE: “There is no easy fix. We need to find the political will and comply with the resolutions that we have agreed upon.”

OMAN: “It is a very important country in our system. They have a very important role to play in terms of the balance and peace process of that particular part of the world, in that their position is neutral. That is why it is very important to have a dialogue with the Omani authorities.”

REFORM OF THE SECURITY COUNCIL: “This is complicated and it requires time. It is dependent on the effort that members want to put into the process. It is a process that has been going on for 25 years. That process is slow but the issue is huge. I really hope we will see some progress during my tenure.”

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Uefa Champioons League semi-final:

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Second leg: Wednesday, May 2, Stadio Olimpico, Rome

TV: BeIN Sports, 10.45pm (UAE)

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Bio Box

Role Model: Sheikh Zayed, God bless his soul

Favorite book: Zayed Biography of the leader

Favorite quote: To be or not to be, that is the question, from William Shakespeare's Hamlet

Favorite food: seafood

Favorite place to travel: Lebanon

Favorite movie: Braveheart

Know before you go
  • Jebel Akhdar is a two-hour drive from Muscat airport or a six-hour drive from Dubai. It’s impossible to visit by car unless you have a 4x4. Phone ahead to the hotel to arrange a transfer.
  • If you’re driving, make sure your insurance covers Oman.
  • By air: Budget airlines Air Arabia, Flydubai and SalamAir offer direct routes to Muscat from the UAE.
  • Tourists from the Emirates (UAE nationals not included) must apply for an Omani visa online before arrival at evisa.rop.gov.om. The process typically takes several days.
  • Flash floods are probable due to the terrain and a lack of drainage. Always check the weather before venturing into any canyons or other remote areas and identify a plan of escape that includes high ground, shelter and parking where your car won’t be overtaken by sudden downpours.

 

Updated: April 11, 2025, 5:03 AM