Apr 07

May lines up a massive £1.6TRILLION share deal for the City of London before she is honoured by King Salman of Saudi Arabia

Theresa May was handed a prestigious honour by King Salman of Saudi Arabia today as she agreed a 13-year deal to tighten Britain’s ties.

She earlier pushed Saudi officials to back a massive £1.6trillion deal for the City before visiting a school.

The Prime Minister followed in footsteps of David Cameron, Barack Obama and Vladimir Putin in receiving the Order of King Abdulaziz.

Mrs May attended talks at the royal palace in the culmination of her controversial visit to the Gulf kingdom.

The premier met the King without wearing a headscarf and has worn western outfits throughout her two day visit.

Official Foreign Office advice to British women visiting Saudi Arabia is to abide by the conservative nation’s custom for loose fitting, modest clothes.

Mrs May signed a deal for Britain to help modernise life and trade in Saudi Arabia at talks with King Salman.

Over the next 13 years the kingdom wants to reduce its reliance on oil exports, increase the number of women in work and boost access to culture.

May lines up a massive £1.6TRILLION share deal for the City of London before she is honoured by King Salman of Saudi Arabia

May is pushing for the international end of Aramco’s flotation to be run in London. The £1.6trillian deal would be a huge coup for the City as Britain tackles Brexit. The PM is in Saudi Arabia for a second day today and visited a Riyadh school

Theresa May was handed a prestigious honour by King Salman of Saudi Arabia today as she agreed a 13-year deal to tighten Britain’s ties.

She earlier pushed Saudi officials to back a massive £1.6trillion deal for the City before visiting a school.

The Prime Minister followed in footsteps of David Cameron, Barack Obama and Vladimir Putin in receiving the Order of King Abdulaziz.

Mrs May attended talks at the royal palace in the culmination of her controversial visit to the Gulf kingdom.

The premier met the King without wearing a headscarf and has worn western outfits throughout her two day visit.
Prime Minister Theresa May met Saudi Arabia’s King Salman bin Abdulaziz al-Saud in Riyadh today at the culmination of her two day visit to the kingdom.

Prime Minister Theresa May met Saudi Arabia’s King Salman bin Abdulaziz al-Saud in Riyadh today at the culmination of her two day visit to the kingdom. Mrs May was handed a prestigious honour by King Salman today as she agreed a 13-year deal to tighten Britain’s ties.

Mrs May was handed a prestigious honour by King Salman today as she agreed a 13-year deal to tighten Britain’s ties
Mrs May and the king discussed ‘working together to address the humanitarian situation in Yemen’, No 10 said.

Official Foreign Office advice to British women visiting Saudi Arabia is to abide by the conservative nation’s custom for loose fitting, modest clothes.

Mrs May signed a deal for Britain to help modernise life and trade in Saudi Arabia at talks with King Salman.

Over the next 13 years the kingdom wants to reduce its reliance on oil exports, increase the number of women in work and boost access to culture.

Mrs May and the king discussed ‘working together to address the humanitarian situation in Yemen’, No 10 said.

The state has long faced protests over its poor record on women’s rights and is facing intense condemnation over its military action in Yemen.

Mrs May has made clear she intends to engage with the kingdom rather than ‘standing on the sidelines and sniping’.

Aramco is claimed to be the most valuable energy firm in the world and London is vying with other major financial capitals to secure the listing.

The Prime Minister, accompanied by LSE chief Xavier Rolet, ‘set out the advantages’ of doing business in the UK to the company’s boss, energy minister Khalid Al-Falih.

Around 5 per cent of the company’s shares are expected to be sold.

A No 10 official said: ‘In the discussion the PM has set out the sort of depth of expertise that there is in London and the UK in terms of financial services also with the supporting ecosystem – accountancy and legal and also the depth of investment opportunities that there are in the UK. That’s come up at various meetings.

‘The Prime Minister set out the advantages and the opportunities which are available in London (for an Aramco listing.)

‘She set out the wealth of investment opportunity and proven experience that we have.’

On a school visit today, Mrs May chatted to group of five and six-year-olds about her sporting background during the tour of the Leadership Institute in the capital, Riyadh.

She told the girls: ‘I’ve never played basketball. I played netball, but that’s not quite the same thing.’

The PM was shown round the centre by Princess Reema, vice-president of the Saudi General Sports Authority, who is involved in modernisation plans in the kingdom.

Saudi Arabia wants to boost the proportion of women who work from 22 per cent to 30 per cent by 2030.

Conservative clerics in the kingdom oppose physical education for girls as ‘immodest’ and the subject has not been on the school curriculum.

Earlier in the visit, Mrs May said she hoped to be an inspiration to oppressed women in the kingdom.

‘I hope also that people see me as a woman leader, will see what women can achieve and how women can be in significant positions.’

Source: Daily Mail read more