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24.11.2021 17:27 News >> Turkey, UAE Set To Sign Series Of Cooperation Agreements: Sources

Turkey, UAE Set To Sign Series Of Cooperation Agreements: Sources

Abu Dhabi crown prince meets Turkish president in 1st high level visit in years.

Turkey and the UAE will sign a series of cooperation agreements during Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed al-Nahyan's visit to Ankara on Wednesday, sources confirmed.
Sheikh Mohammed arrived in the Turkish capital Ankara on the invitation of Turkey's President Recep Tayyip Erdogan.
The crown prince's visit is his first to Turkey since 2012, and the first top-level meeting between the UAE and Turkey in recent years.
It is understood that agreements for cooperation in multiple fields including trade, energy and environment, as well as agreements covering direct investments in Turkey will be signed.
Investment deals will be signed between the Abu Dhabi Developmental Holding Company PJSC (ADQ), the state investment fund of the UAE, and the Turkey Wealth Fund, as well as the presidential investment office.
Another agreement will be signed between the Abu Dhabi Securities Exchange and Borsa Istanbul, besides an memorandum of understanding with the Abu Dhabi Ports company.
The ADQ will also sign a cooperation agreement with Kalyon Group in the fields of energy, infrastructure and transportation, and with the CCN Group in health.
Earlier, UAE's Industry and Advanced Technology Minister Sultan Al Jaber said they are ready to set new targets for further investment and cooperation in different sectors with Turkey.
*Writing by Seda Sevencan in Istanbul -



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