UAE launches $10 billion fund for investments in Turkey
The United Arab Emirates announced today a $10 billion fund for investments in Turkey, the official Emirati news agency WAM said.
The announcement comes after Abu Dhabi’s Crown Prince Sheikh Mohammed bin Zayed held talks with Turkish President Recep Tayyip Erdogan in Ankara on Wednesday, opening a new chapter in relations between the two countries.
WAM said that the move was “to support the Turkish economy and boost bilateral cooperation between the two countries”.
It added that the main focus will be on “strategic investments”, especially in sectors including energy, health and food.
The views expressed in Op-Ed pieces are those of the author and do not purport to reflect the opinions or views of Libyan Express.
How to submit an Op-Ed: Libyan Express accepts opinion articles on a wide range of topics. Submissions may be sent to oped@libyanexpress.com. Please include ‘Op-Ed’ in the subject line.
How to submit an Op-Ed: Libyan Express accepts opinion articles on a wide range of topics. Submissions may be sent to oped@libyanexpress.com. Please include ‘Op-Ed’ in the subject line.
Latest posts by Libyan Express (see all)
- US ambassador calls for more transparency on Libya’s oil revenues - May 14, 2022
- PM Bashagha presents US$21 billion budget - May 08, 2022
- OIC to discuss Israel’s attacks on worshippers at Al-Aqsa - May 06, 2022