UK Trade and Investment
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High-powered UK delegation heads to Bahrain

High-powered UK delegation heads to Bahrain

UK TRADE AND INVESTMENT News Release (67/2008) issued by COI News Distribution Service. 5 November 2008

Some of the UK's top financial services companies will descend on Bahrain from 23 to 25 November to showcase the UK's expertise in Islamic finance at the 15th World Islamic Banking Conference.

The exhibitors will be hosted by UK Trade & Investment at the UK Pavilion and provides an excellent opportunity for UK and Islamic finance representatives to continue building strong partnerships that will create genuine, global opportunities for the long term development of this growing market.

Andrew Cahn, UK Trade & Investment Chief Executive said:

"In these tough times, it's more important than ever that we make the most of growing sectors like Islamic Finance.

"With an estimated growth at 15% per annum for the next few years, the sector's role in the global market is becoming increasingly important.

"That's why UK Trade & Investment is helping open doors for Gulf companies to UK financial services expertise and ensure the UK is a leading partner of choice."

The UK Pavilion brings together the following leading UK companies:
* ABC International Bank plc
* Bank of London & the Middle East
* Braxxon
* Chartered Institute of Management Accountants (CIMA)
* DDCAP
* Freshfields Brackhaus Deringer
* GSH UK Bank
* HSBC Amanah
* Islamic Finance Advisory and Assurance Services (IFAAS)
* International Financial Services, London (IFSL)
* Islamic Bank of Britain
* KPMG
* Locate Birmingham
* London Stock Exchange
* Norton Rose
* Securities and Investment Institute
* Simmons & Simmons

A November 2007 report on 'Top 500 Islamic Financial Institutions', published by The Banker, rated the UK as the number one western destination for Islamic finance and 9th overall in the world.

Media Contact
For more information, an exhibitor profile or to arrange an interview please contact Natasha Guerinoni in the UKTI Press Office on 020 7215 4218 or natasha.guerinoni@ukti.gsi.gov.uk.

Notes to Editor

1. UK Trade & Investment is the UK Government's international business development organisation, supporting businesses seeking to establish in the UK and helping UK companies grow internationally. The services offered by UK Trade & Investment bring together a network of business sector specialists and support teams in British embassies and Foreign and Commonwealth Office (FCO) posts all around the world, as well as key experts in government departments across the UK. UK Trade & Investment works with a wide range of partner organisations in the UK, including Regional Development Agencies and the Devolved Administrations, Business Links, Chambers of Commerce and trade associations. For more information, visit the web site at http://www.uktradeinvest.gov.uk. For latest press releases, visit the online newsroom at http://www.newsroom.uktradeinvest.gov.uk.

2. For further information on the UK as the leading global financial services centre and the single most internationally focused financial marketplace in the world go to http://www.theCityUK.com.

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