The Lord Mayor of the City of London, Alderman Nicholas Anstee, and his delegation of 19 business people and UK embassy personnel visited Prince Mohammad Bin Fahd University (PMU) on February 20, 2010. Anstee provided a comprehensive update on the opportunities offered by the City of London, “one of the world’s leading centers for education and finance”. The UK is Europe’s largest international banking center and is top for global trading in derivatives’ he said. Anstee affirmed that Saudi Arabia, recently added as a G-20 player, is an important partner for the UK and invited Saudi companies to open offices in the city. With over 24 banks in Britain providing Islamic investment services, he said, “London should be (Saudis) preferred choice” for business. More information on the Lord Major of London’s visit to Saudi Arabia may be found at the UK Embassy in Saudi Arabia web site (http://www.ukinsaudiarabia.fco.gov.uk)

PMU is the first private university in the Eastern Province of the Kingdom of Saudi Arabia currently enrolling 2,000 students. Applying state-of-the-art technology to education, PMU offers twelve degrees in the areas of business, engineering and information technology to Saudi men and women, and international students, including an Executive MBA program for local professional men and women (http://www.pmu.edu.sa).