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UK unlocks $8.6 billion in trade and investment deals with Saudi Arabia
Published by Global Banking and Finance Review
Posted on October 28, 2025
1 min readLast updated: January 21, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on October 28, 2025
1 min readLast updated: January 21, 2026
The UK has secured $8.6 billion in trade and investment deals with Saudi Arabia, aiming to strengthen economic ties with Gulf nations.
LONDON (Reuters) -Britain said on Tuesday it had unlocked 6.4 billion pounds ($8.6 billion) in trade and investment agreements with Saudi Arabia, following finance minister Rachel Reeves' meetings in Riyadh aimed at deepening economic ties with Gulf nations.
The deal includes 5 billion pounds in export finance from UK Export Finance for projects in Saudi Arabia which will help British companies win contracts, the government said. There were also multi-million-pound investment deals involving Aberdeen Investcorp, Barclays, HSBC and UK artificial intelligence firm Quantexa, the statement added.
($1 = 0.7451 pounds)
(Reporting by Sam Tabahriti; editing by Sarah Young)
Export finance refers to the funding provided to companies to support the export of goods and services. It helps businesses manage risks and improve cash flow when selling internationally.
Investment is the act of allocating resources, usually money, to generate income or profit. It can involve purchasing stocks, bonds, real estate, or other assets.
The UK economy refers to the economic system of the United Kingdom, characterized by a mix of private and public enterprise. It includes various sectors such as finance, manufacturing, and services.
Financial services encompass a broad range of services provided by the finance industry, including banking, investment, insurance, and asset management, aimed at managing money and investments.
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