London, (Shahzad Ali) __ Chancellor Rachel Reeves announced the UK will enhance trade and investment with Gulf nations to drive economic growth, creating new jobs and opportunities. Leading a significant business delegation, Reeves is visiting Saudi Arabia—the first UK Chancellor to do so in six years—focused on expanding partnerships that benefit British businesses.

She will participate in the Future Investment Initiative, meeting senior Saudi officials and global CEOs. Reeves emphasized the UK’s growth as a priority and plans to deliver keynote speeches at major forums to promote Britain as a reliable investment destination amid global uncertainty.

Reeves is set to discuss a UK-Gulf Cooperation Council trade agreement, anticipated to boost bilateral trade by 16% and raise UK GDP by £1.6 billion annually. She stressed the importance of such deals in overcoming economic challenges from Brexit and austerity. Major investment announcements are expected during her visit, marking a new chapter in UK-Saudi economic cooperation.