UAE establishes $10B fund to support investments in Turkey as President Erdogan and Abu Dhabi’s Crown Prince Mohamed sign cooperation deals
Bilateral relations between Turkey and the UAE have been reviewed in all dimensions to enhance cooperation and joint action. The investment, reported by the official Emirati news agency WAM, comes as Turkey's President Recep Tayyip Erdogan and Abu Dhabi’s Crown Prince Mohamed bin Zayed Al Nahyan signed several agreements in Ankara on Wednesday.
An agreement between the Abu Dhabi Development Holding and Turkey’s Presidential Investment Office will help oversee development in various sectors such as transportation, utilities, media and others.The central banks between both countries as well as the customs departments have also been covered.
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