The head of the Abu Dhabi Developmental Holding Company, Mohamed Hassan Al Suwaidi, announced, on Wednesday, the establishment of p.

10 agreements between Turkey and the ...

Date:Thursday, January 12, 2023

The head of the Abu Dhabi Developmental Holding Company, Mohamed Hassan Al Suwaidi, announced, on Wednesday, the establishment of p.

There are 10 agreements between Turkey and the UAE, what are they?

Mohammed Hassan Al-Suwaidi, chairman of Abu Dhabi Development Holding Company, announced on Wednesday that a $10 billion fund has been set up to invest in Turkey .

The official Emirates News Agency, WAM, stated that this new fund will focus on strategic investments, particularly in the logistics sectors, including energy, healthcare and food.

Accordingly, 10 bilateral cooperation agreements in various fields between Turkey and the UAE were signed in the capital Ankara, in the presence of President Recep Tayyip Erdoğan and Sheikh Mohammed bin Zayed.

Following the bilateral and delegation-level meetings at the Presidential Complex, agreements were signed. This came during the visit of Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, to Ankara for the first time in 12 years.

According to the official Turkish Anadolu Agency report, the 10 agreements signed between the two parties areas follows:

10 agreements between Turkey and UAE:

 

first deal

The two countries signed a memorandum of understanding on financial information exchange within the scope of combating money laundering and terrorist financing. On the Turkish side, Khairuddin Kurt, Head of the Financial Crimes Investigation Board of the Ministry of Treasury and Finance, and Ali Faisal Baalawi, Head of the UAE Central Bank Financial Information Unit, signed.

Second Agreement

 Arda Armut, CEO of Turkey Sovereignty Fund, signed a memorandum of understanding between Turkish and United Arab Emirates institutions with Mohammed Al Shamsi, CEO of Abu Dhabi Port Company.

Third Agreement

 A memorandum of understanding was signed between Abu Dhabi Developmental Holding Company and Turkey Sovereignty Fund by Mohammed Hassan Al-Suwaidi Arda Armut, Fund CEO and Chairman of Abu Dhabi Developmental Holding Company.

Fourth Agreement

 The memorandum of understanding for cooperation between Abu Dhabi Development Holding Company and Turkey Sovereignty Fund was signed by Mohamed Hassan Al-Suwaidi, Chairman of the Board of Directors of the company, and Arda Armut, CEO of the fund.

Fifth Agreement

A memorandum of understanding for cooperation between Abu Dhabi Development Holding Company and the Presidential Investment Authority was signed by Mohamed Hassan Al-Suwaidi, Chairman of the Board of Directors of Abu Dhabi Development Holding Company, and Ahmed Burak Daglioglu, Chairman of the Presidential Investment Authority.

Sixth Agreement

A memorandum of understanding for cooperation between the Abu Dhabi Stock Exchange and the Istanbul Stock Exchange was signed by Saeed Al Dhaheri, Chairman of the Board of Directors of the Abu Dhabi Securities Exchange, and Arisha Arican, the Chairman of the Board of Directors of the Istanbul Stock Exchange.

Seventh Agreement

A memorandum of understanding on cooperation between the Central Bank of Turkey and its UAE counterpart was signed by Shehab

Kavcioglu, President of the Central Bank of Turkey, and Suhail Bin Muhammed Al Mazrouei, Minister of Energy and Infrastructure.

Eighth Convention

An administrative cooperation and partnership agreement in customs affairs between Turkey and the UAE was signed by Mehmet Muş, the Turkish Minister of Trade, and Ali Mohamed Hammad Al Shamsi, head of the Federal Authority for Identity, Citizenship, Customs and Ports Security in the Emirates.

Ninth Convention

In the field of energy, a memorandum of understanding on energy cooperation between the two countries was signed by Fatih Donmez, Turkish Minister of Energy and Natural Resources, and Suhail Bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure of the United Arab Emirates.

Tenth Agreement

 The memorandum of understanding between Turkey and the UAE on cooperation in the field of environment was signed between Murat Kurum, Minister of Environment and Urbanization of Turkey, and Maryam bint Mohammed Al Muhairi, Minister of Climate Change and Environment of the UAE.
 

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