UAE Investments to Increase in Türkiye

Turkish Experts Expect UAE Investments to Increase in Türkiye

Last Updated: 2022-06-03
+ Font size -
2 1425

Turkish Experts Expect UAE Investments to Increase in Türkiye

     The Turkish Foreign Economic Relations Board Chairman Nail Olpak said trade between the two countries had previously reached about $15 billion and then declined over time to $3 billion.
Olpak expressed the hope that trade relations between the two countries would return to their previous state, especially after Turkish exports rose 95 percent last year compared to the year before.
In terms of real estate, Türkiye has conducted 141 projects in the UAE worth approximately $13.5 billion to date, according to the Turkish Foreign Economic Relations Board Chairman.
He emphasised on the importance of mutual meetings between Turkish and Emirati parties to improve the trade relations level.
He noted that there are many fields where we can cooperate to strengthen business relations, most notably projects to be implemented within Dubai Vision 2040.
He noted that $130 billion in base and superstructure projects will be implemented within this vision until 2040.
He said they have received offers to participate in the conduction of these projects against the backdrop of the successes achieved by Turkish companies in this sector.
Olpak said 25 Turkish companies attended "UAE-Türkiye Business Council: Development & Construction Roundtable 2022", as well as 30 other participants representing Emirati companies.
"Turkish companies have identified themselves and the most significant projects they have conducted in the past."
He added that the UAE seeks to diversify its sources of income, not be content merely with income from oil revenues, therefore it shows interest in several fields and is particularly interested in investing in several areas in Türkiye, most notably energy, food, health and digital technology.
Source: Anadolu Agency.
Edited by Mersat Real Estate Team ©

Last Updated::2022-06-03

Realestate Articles

Metrobus the fastest way of transport on the land of Istanbul
The transport dilemma in Istanbul is a real and daily challenge for the population, who owns transportation in Istanbul has a wide choice
The Eurasia Tunnel; an Imitation of the Fictional Atlantis.
What is the Eurasia Tunnel in its general form and structure? Are there positives noted for the Eurasia Tunnel in Istanbul, Turkey?
A tour to learn about the customs and traditions of Turkey
Through this article, the editorial team at Mersa Real Estate will inform you about the most important customs and traditions in Turkey
Is Purchasing a Property in Türkiye after the New Condition a Right Option?
What can I benefit financially from real estate investment in Türkiye?and What services does Mersat Real Estate provide in investment management?Details in our article
New Conditions for Obtain Real Estate Residence Permit in Türkiye
What Is the New Requirement for a Real Estate Residence Permit? and Who Has the Right to Obtain a Real Estate Residence Permit? Details in the article
Exceptional Turkish citizenship
There are many ways to obtain Turkish citizenship, but how to apply for exceptional Turkish citizenship?
What are the conditions for obtaining Turkish citizenship through real estate investment?
What are the most important conditions for obtaining Turkish citizenship through real estate investment? Why do so many people want to obtain Turkish citizenship?
Real estate is your way to obtain Turkish citizenship
All about obtaining Turkish citizenship through real estate ownership and the advantages of obtaining Turkish citizenship for Arabs are in our next article
All you need to know about Turkish citizenship
Many details related to Turkish citizenship can be found in the link
Conditions for obtaining Turkish citizenship in return for buying a property under construction
Some people want to obtain Turkish citizenship through "a property under construction" in particular.. What is the reason behind that?

Realestate News

New Mechanism to Grant Short-Term Residence Permit for Newcomers to Türkiye
Short-term residence permit for first-time arrivals will be given for only 90 days, as applicants must provide real reasons and justifications.
Three Records for Turkiye
According to Travel + Leisure Magazine's poll, passengers voted for Istanbul Airport as the second best international airport around the world.
Trabzon Receives Its Saudi Loved Ones After a Long Absence
After a long absence because of the coronavirus pandemic, Saudi tourists returned to Türkiye to enjoy their summer vacation as Trabzon was their first choice.
Tourism recovery in Turkey 2022
After the Corona pandemic hit all the world's countries, tourism declined in many of the countries that pioneered it
Closing Some Neighborhoods in Türkiye to Foreigners; a Resolution in Your Favor 
As of July 1, the number of neighborhoods in which the process of registering and changing residence of the foreigners will be closed
Accord and new horizons, Ankara and Riyadh
 As a kind of confirmation of improved Saudi-Turkish relations, Crown Prince Mohammed bin Salman visited Türkiye for the first time
Turkey Technology Fund
With a $300 million capital, the UAE "ADQ" and the Turkish Sovereign Wealth Fund announced the launch of the "Turkey Technology Fund" with the aim of investing in various investment capital funds
From a Giant Airport into the Fifth Largest Park in the World
  In conjunction with the anniversary of the conquest of Constantinople, the first seedling was planted at Ataturk Airport
Fireworks in Türkiye on Its Way to Banned
 The Ministry of Environment, Urbanization and Climate Change is considering a project to impose a general ban across Türkiye on the use of fireworks
Realestate Articles
Watch a video
Real estate opportunities
Featured Projects

Projects in Turkey

Realestates in Turkey

Let us tell you with new

By joining emailing list