Financial Secretary John Tsang met officials and business leaders in Abu Dhabi today.
Leading a business delegation to the Middle East, Mr Tsang started the United Arab Emirates leg of his tour by receiving a breakfast briefing on the latest economic developments in the Middle Eastern market by the National Bank of Abu Dhabi.
He then attended a meeting with the Undersecretary of the Ministry of Economy Abdullah Ahmed Al Saleh and the First Vice-Chairman of the Abu Dhabi Chamber of Commerce & Industry Ebraheem Mahmood Al Mahmood.
Noting the UAE is Hong Kong's largest export market in the Middle East, Mr Tsang urged greater business co-operation and closer economic ties between Hong Kong and the emirates.
At a networking luncheon co-hosted by the UAE Ministry of Economy and the Abu Dhabi Chamber of Commerce & Industry, Mr Tsang spoke on exploring business opportunities between Hong Kong and Abu Dhabi, highlighting three areas of the financial services portfolio that would be useful to UAE business leaders, namely Islamic finance, asset management and renminbi business.
Mr Tsang later met Chairman of the Abu Dhabi Global Market Ahmed Ali Al Sayegh.
At a meeting with Governor of the Central Bank of the UAE Mubarak Rashed Khamis Al Mansoori, both sides discussed a wide range of monetary issues and regional issues of common concern.
Mr Tsang later attended a dinner hosted by Acting Chinese Ambassador to the UAE Wang Yongzhao.
Mr Tsang will head to Dubai tomorrow.
