The second Global Investment Summit will take place in the autumn, British Prime Minister Rishi Sunak is expected to announce on Friday.
The October summit will be a chance for the UK government to deliver on “our ambition to be a world-leading destination for international finance and investment”, Mr Sunak will tell global investors.
More than 200 of the world’s highest-profile investors, chief executives and financiers will be invited to the UK gathering, the Department for Business and Trade said.
It follows a similar event focused on green investment that was held in 2021 in the lead-up to the Cop26 climate summit in Glasgow.
The department said the day-long event secured £9.7 billion ($11.7 billion) of foreign investment and helped to create more than 30,000 jobs.
The money pledged also supported growth in sectors such as wind and hydrogen energy, sustainable homes, and carbon capture and storage, officials said.
Mr Sunak is due to confirm the second summit at a meeting of the Investment Council on Friday, where he will address global investors to set out his priorities for creating jobs and growing the economy.
“This week we drove serious change from the heart of government by creating four new departments," he said.
“This was done to deliver on the promises and priorities of the British people, and to go further and faster on our ambition to drive jobs and growth in every part of the UK, and ensure we are at the cutting edge of technology and innovation.
“The next Global Investment Summit is an opportunity to demonstrate what we can do as a nation, delivering on our ambition to be a world-leading destination for international finance and investment.”
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Business and Trade Secretary Kemi Badenoch said: “Investment creates high-quality jobs and grows our economy.
“I started the year setting a goal of the UK becoming the undisputed number one investment destination in Europe.
“Events like this will help deliver this and show the world’s biggest investors just what a strong investment prospect the UK can offer.”
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The verdict Just 119 more and with five wickets remaining seems like a perfectly attainable target for Pakistan. Factor in the fact the pitch is worn, is turning prodigiously, and that Sri Lanka’s seam bowlers have also been finding the strip to their liking, it is apparent the task is still a tough one. Still, though, thanks to Asad Shafiq and Sarfraz Ahmed, it is possible.
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1. Lewis Hamilton (Mercedes) 1hr 32mins 03.897sec
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3. Valtteri Bottas (Mercedes) 37.383s
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Milestones on the road to union
1970
October 26: Bahrain withdraws from a proposal to create a federation of nine with the seven Trucial States and Qatar.
December: Ahmed Al Suwaidi visits New York to discuss potential UN membership.
1971
March 1: Alex Douglas Hume, Conservative foreign secretary confirms that Britain will leave the Gulf and “strongly supports” the creation of a Union of Arab Emirates.
July 12: Historic meeting at which Sheikh Zayed and Sheikh Rashid make a binding agreement to create what will become the UAE.
July 18: It is announced that the UAE will be formed from six emirates, with a proposed constitution signed. RAK is not yet part of the agreement.
August 6: The fifth anniversary of Sheikh Zayed becoming Ruler of Abu Dhabi, with official celebrations deferred until later in the year.
August 15: Bahrain becomes independent.
September 3: Qatar becomes independent.
November 23-25: Meeting with Sheikh Zayed and Sheikh Rashid and senior British officials to fix December 2 as date of creation of the UAE.
November 29: At 5.30pm Iranian forces seize the Greater and Lesser Tunbs by force.
November 30: Despite a power sharing agreement, Tehran takes full control of Abu Musa.
November 31: UK officials visit all six participating Emirates to formally end the Trucial States treaties
December 2: 11am, Dubai. New Supreme Council formally elects Sheikh Zayed as President. Treaty of Friendship signed with the UK. 11.30am. Flag raising ceremony at Union House and Al Manhal Palace in Abu Dhabi witnessed by Sheikh Khalifa, then Crown Prince of Abu Dhabi.
December 6: Arab League formally admits the UAE. The first British Ambassador presents his credentials to Sheikh Zayed.
December 9: UAE joins the United Nations.
Graduated from the American University of Sharjah
She is the eldest of three brothers and two sisters
Has helped solve 15 cases of electric shocks
Enjoys travelling, reading and horse riding
