John Lee heads to Abu Dhabi after meeting with Saudi officials

Chief Executive John Lee Ka-chiu arrived in Abu Dhabi from Saudi Arabia to begin the second leg of his Middle East journey and will meet with local political and business leaders on Tuesday.   

Before he left Saudi Arabia, Lee met with the Secretary-General of the Cooperation Council for the Arab States of the Gulf, Jasem Mohamed Albudaiwi, to understand more about the large-scale infrastructure projects implemented under the Belt and Road Initiative in Saudi Arabia.  

Lee also attended the LEAP 2023 technology conference regarding the latest developments of enterprises from various countries and regions in such areas as innovation and technology (I&T) and artificial intelligence.  

Giving a speech at the event on Hong Kong's vision for fostering I&T development and encouraging global collaboration, he said the city welcomed technology enterprises from around the globe to capitalize on Hong Kong's advantages and establish and expand their businesses in Hong Kong.  

Lee also met with the President and Chief Executive Officer of the state-owned oil company Saudi Aramco, Amin H Nasser, where Lee pointed out that Hong Kong can play a pivotal role in providing comprehensive financial and professional services to the company, including supporting its listing in Hong Kong and handling any of its future funding arrangements.

He proclaimed that as the world's largest offshore Renminbi hub, Hong Kong could play an active role in the company's diversification and protection of assets.  

Lee concluded his visit in Saudi Arabia and departed for Abu Dhabi, the United Arab Emirates, in the evening.