The Prime Minister’s boast came before she dined with Saudi Arabia’s Crown Prince Mohammad bin Salman tonight while on a three-day visit to the Middle East.
The 32-year-old heir to the Saudi throne – known as MBS – plans to overhaul the Saudi economy but his ambition hinges on the sale of Aramco shares worth up to £100billion.
With an estimated £1billion of fees at stake, Mrs May desperately wants London to host the largest float in history and lobbied for the business in Riyadh tonight.
But she faces stiff competition from President Trump who last week also made a public pitch for the listing.
He tweeted that the US would “very much appreciate Saudi Arabia doing their float of Aramco with the New York Stock Exchange. Important to the United States!”
But Mrs May raised the stakes when she told reporters ahead of tonight’s dinner that she was confident London was “extremely well placed” to seal the deal.
The PM said: “I think London is extremely well placed, not only from its importance as an international financial centre, also technically well placed in relation to Aramco.
“When I came out to the Gulf earlier in the year, in the Spring in April, I went to Saudi and I actually had accompanying me Xavier Rolet from the London Stock Exchange.
“We met a number of ministers and obviously discussed the advantages that London has, and obviously it’s an issue I will continue to raise in my visit now.”
On Thursday the Prime Minister will pledge £95million to boost the stability of Jordan as part of a three-day tour to the Middle East.
She has agreed a new long-term partnership to bolster Jordan’s economic resilience.
The Prime Minister will make the new long-term commitment to work with Jordan as it bids to transform its economy provide jobs and opportunities for all Jordanians.
The UK will initially provide £94.5million to improve education and create jobs in Jordan.
It will be used to help construct critical infrastructure, and get 10,000 Jordanians into apprenticeships or vocational skills training.
She will aim to improve education quality for millions of Jordanian children, building the workforce of the future.
Mrs May said: “Jordan’s stability is crucial to our interests in the Middle East and we are committed to helping them create jobs for all Jordanians.
“I call on other countries to join us in this transformative effort so Jordan can continue to deliver vital support for the Syria crisis and remain a beacon of hope in the Middle East.”
International Development Secretary Penny Mordaunt added: “Jordan is on the front line of multiple crises in the Middle East and our new 10-year partnership will deliver economic stability for Jordan, creating jobs and helping to build a more prosperous, safer world.
“This will further strengthen our relationship with Jordan and every penny invested by the UK will encourage more from other donors to boost Jordan’s economic resilience, helping them deliver on their pledge to get every child into education and to create 200,000 jobs for Syrian refugees.”
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