Two major agreements announced at the UAE-Turkey Business Forum held recently in Abu
Dhabi were set to provide a boost to UAE-Turkey investment across multiple key sectors of the
economy. The two announcements, designed to enhance cooperation between the business
communities in the two countries, were announced during the Business Forum, which aims to
increase economic partnership and drive investments between the two countries.
The first agreement was signed between the Abu Dhabi Department of Economic Development
(ADDED) and the Turkish Exporters Assembly (TIM), represented by Rashid Abdul Karim Al
Balooshi, Undersecretary of the Abu Dhabi Department of Economic Development, and Mustafa
Gültepe, Chairman of the Board of Directors of the Federation for TIM.
The second agreement was agreed between the UAE’s Alpha Dhabi Holding and the Turkish
group Limak Holding, represented by Eng. Hamad Salem Al Ameri, Managing Director and CEO
of Alpha Abu Dhabi Holding, and Ebru Özdemir, Chairman of Limak Holding. This agreement
aims to conclude a set of commercial partnerships between the two sides and establish joint
ventures in various fields such as construction and development, infrastructure, energy and
hospitality.
