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Homechevron_rightMiddle Eastchevron_rightUAEchevron_rightUAE offers $10 billion...
UAE
Posted On
date_range 25 Nov 2021 7:55 AM GMT
Updated On
date_range 25 Nov 2021 7:55 AM GMT

UAE offers $10 billion investment to boost Turkish economy

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UAE offers $10 billion investment to boost Turkish economy
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Dubai: The United Arab Emirates is to invest 10 billion dollars in Turkey, Agence France-Presse reported. The UAE administration made the announcement on Thursday according to the official Emirati news agency WAM.

The official news agency WAM said that the investment was to support the Turkish economy and boost bilateral cooperation between the countries. The main focus will be on strategic investments in sectors such as energy, health and food, the agency reported.

The announcement came after Abu Dhabi's Crown Prince Sheikh Mohammed bin Zayed held talks with Turkish President Recep Tayyip Erdogan in Ankara on Wednesday. There meeting is expected to open a new chapter in relations between the two countries.

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