Haberler      English      العربية      Pусский         Kurdî      Türkçe Delivering News and Insights Around the World Keltis
  En.Haberler.Com - Latest News
SEARCH IN NEWS:
  HOME PAGE 27/05/2022 21:00 
13.01.2022 17:26 News >> UAE Counting On Turkiye To Double Its Trade With World

UAE Counting On Turkiye To Double Its Trade With World

Emirati minister: We are betting on Ankara to open new markets through its logistics network.

An Emirati minister said his country is seeking to double or triple trade with Turkiye, betting on it to link it with the world.
The United Arab Emirates (UAE) is "betting on Turkey as a country which is going to open up for us new markets through their logistics and through their supply chain," Minister of State for Foreign Trade Thani al-Zeyoudi said Wednesday in an interview with Bloomberg TV.
Al-Zeyoudi said the UAE is looking forward to benefiting from Turkiye's huge investments in the industrial sector, skilled labor and existing logistical network, especially with Africa.
The UAE is currently finalizing trade agreements with India and Israel, one of which is expected to be revealed in the next two months, according to the minister.
The oil-rich country has sought to consolidate its position as a global center for business and finance.
In 2021, the UAE announced plans to deepen trade relations in fast-growing economies in Asia and Africa, attracting $150 billion in foreign investment.
According to a report by the UAE Ministry of Economy, the total non-oil foreign trade with Turkiye​​​​​​​ during the last decade amounted to about 329 billion dirhams ($89.6 billion).
Non-oil trade between the two countries grew by 21% during 2020 to 32.7 billion dirhams ($8.9 billion), compared to 26.8 billion dirhams ($7.3 billion) in 2019, according to the report.
Writing by Mahmoud Barakat -



        Latest News
Argentina Reports First Monkeypox Case -54 minutes ago...
Authorities in Argentina reveal case after one person travelled to Spain.
Scientists Sequence Genetic Profile Of Pompeian For 1St Time -54 minutes ago...
Researchers from University of Copenhagen uncover relations with central Italy, Sardinia in DNA of Pompeian man.
Iran Seizes 2 Greek Tankers In Persian Gulf In Tit-For-Tat Move -39 minutes ago...
Iranian authorities had warned of 'punitive action' after Iranian tanker was seized in Greece.
Russia Trying To 'Wipe Out' Ukrainian Culture, Biden Says -39 minutes ago...
Putin 'attacking school, nurseries, hospitals, museums with no other purpose than to eliminate a culture,' says president.
Turkish Foreign Minister Says Ankara, Abu Dhabi Enter 'New Era' Of Ties -24 minutes ago...
'War in Ukraine shows once again that we need solidarity, unity more than ever,' says Mevlut Cavusoglu.

 
      Top News
Turkiye's Borsa Istanbul Down At Close Turkiye's Borsa Istanbul Down At Close
Afghan Taliban Defend Decree On Face Veil Afghan Taliban Defend Decree On Face Veil
Russia Claims Shooting Down Ukraine's Mig-29 Fighter Jet, 8 Drones Russia Claims Shooting Down Ukraine's Mig-29 Fighter Jet, 8 Drones
Warriors Advance To NBA Finals After Defeating Mavericks Warriors Advance To NBA Finals After Defeating Mavericks
Senegal's President Sacks Health Minister After Deadly Fire Senegal's President Sacks Health Minister After Deadly Fire
French, Australian Leaders Seek To Mend Fences After Submarine Row French, Australian Leaders Seek To Mend Fences After Submarine Row
Monkeypox Cases Alarm Health Officials In Canada's Quebec Province Monkeypox Cases Alarm Health Officials In Canada's Quebec Province
Turkish Central Bank Keeps Interest Rates Unchanged Turkish Central Bank Keeps Interest Rates Unchanged
Turkish Soldier Killed By PKK Terrorists In Northern Iraq Turkish Soldier Killed By PKK Terrorists In Northern Iraq
South African President Calls For Tolerance Of Foreign Nationals On Africa Day South African President Calls For Tolerance Of Foreign Nationals On Africa Day