News
Latest News
news bulletin
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Other News
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Beirut
22
o
Mount Lebanon
21
o
Metn
21
o
Keserwan
21
o
North
22
o
South
22
o
Bekaa
19
o
Live
Video
Audio
Schedule
shows
العربية
watching now
Vision 2030
SUBSCRIBE
Home
Notification
Live
Video
Audio
shows
Beirut
22
o
Mount Lebanon
21
o
Metn
21
o
Keserwan
21
o
North
22
o
South
22
o
Bekaa
19
o
News
Programs
The News
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Programs
Documentaries
Lebanon’s Centennial
News Bulletin
The Untold History
Talk Show
Series
Sports
Variety
Other
Comedy
Oldies
Breaking News
Latest News
Highlighted News
Most Read
Videos
العربية
Watch the latest programs and the latest developments on your favorite screen
Shows
Join millions of followers
Who We Are
Contact Us
Advertise With Us
Careers
Channel frequencies
Privacy Policy
Terms and Conditions
Erdogan visits UAE at the end of Gulf tour to attract investments
Middle East News
2023-07-19 | 05:21
High views
Share
Share
4
min
Erdogan visits UAE at the end of Gulf tour to attract investments
Turkish President Recep Tayyip Erdogan has begun a visit to the United Arab Emirates, the final stop on a Gulf tour aimed at attracting investments to his country, which is facing significant economic challenges, according to the UAE state news agency WAM on Wednesday.
The tour, which lasted three days, included Saudi Arabia and Qatar, where agreements were signed to revive Turkey's economy, which is suffering from high inflation and a collapse in the value of the national currency.
The agency stated that Erdogan arrived in the UAE "on an official visit to the country, accompanied by his wife, Emine Erdogan."
President Erdogan arrived in the UAE from Qatar, where he met with the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani. During their talks, both sides emphasized "the strong desire of the two countries to deepen bilateral cooperation by enhancing trade exchange and economic relations," according to the Qatar News Agency.
This is Erdogan's second visit to the UAE since the warming of relations between the two countries in late 2021, following periods of tension over the past decade.
The UAE and Turkey supported conflicting parties in the war in Libya and had differing positions on gas exploration in the Eastern Mediterranean. Turkey also provided support to members of Islamist groups, including the "Muslim Brotherhood," classified as a "terrorist" organization by the UAE and Gulf countries.
Relations also soured due to the boycott imposed by Saudi Arabia, the UAE, Bahrain, and Egypt on Qatar, Ankara's closest ally, which lasted from mid-2017 until early 2021. Tensions escalated further with Gulf countries, especially Saudi Arabia, following the murder of Saudi journalist Jamal Khashoggi in Istanbul in 2018.
However, relations improved with a visit by UAE President Sheikh Mohammed bin Zayed Al Nahyan to Turkey in November 2021, when he held the position of Crown Prince of Abu Dhabi, followed by Erdogan's visit to the UAE in February 2022.
Last month, UAE President Sheikh Mohammed bin Zayed Al Nahyan met his Turkish counterpart in Istanbul shortly after Erdogan's re-election for a third term following a snap election in May. Turkish Vice President Fuat Oktay also met with Sheikh Mohammed bin Zayed during a visit to the UAE in June.
The restoration of Turkish-Gulf relations has opened the door for increased investments in the Turkish economy.
In March of last year, the UAE and Turkey signed a comprehensive economic partnership agreement aimed at increasing the value of non-oil trade to $40 billion annually within 5 years. In 2021, a $10 billion fund was established to support investments in Turkey.
The total non-oil trade between the UAE and Turkey reached approximately $19 billion in 2022, an increase of 40% from 2021 and 112% from 2020, making Turkey one of the top 10 trading partners of the UAE, according to official UAE data.
AFP
Middle East News
Erdogan
Visits
UAE
United Arab Emirates
End
Gulf
Tour
Attract
Investments
Next
WFP reduces assistance to Syrian refugees in Jordan
China's top foreign to tour Africa and Turkey in the coming days
Previous
Related Articles
d-none hideMe
0
Middle East News
2024-04-07
Iranian foreign minister visits Oman on regional tour
Middle East News
2024-04-07
Iranian foreign minister visits Oman on regional tour
0
Israel-Gaza War Updates
2024-04-02
UAE suspends aid via maritime corridor pending investigation
Israel-Gaza War Updates
2024-04-02
UAE suspends aid via maritime corridor pending investigation
0
World News
2024-03-29
UAE showing interest in European nuclear energy investments: Reuters sources say
World News
2024-03-29
UAE showing interest in European nuclear energy investments: Reuters sources say
0
Middle East News
2024-03-20
Blinken visits Israel in latest tour in the Middle East
Middle East News
2024-03-20
Blinken visits Israel in latest tour in the Middle East
Recommended For You
d-none hideMe
0
World News
14:27
Blinken, Saudi crown prince examine achieving peace, security in Gaza
World News
14:27
Blinken, Saudi crown prince examine achieving peace, security in Gaza
0
World News
13:42
US finds five Israeli units responsible for 'serious' human rights violations before Gaza conflict
World News
13:42
US finds five Israeli units responsible for 'serious' human rights violations before Gaza conflict
0
World News
13:09
Blinken meets Saudi Crown Prince in Riyadh: Reuters
World News
13:09
Blinken meets Saudi Crown Prince in Riyadh: Reuters
0
Israel-Gaza War Updates
12:42
Families of hostages protest at Israeli Defense Ministry HQ for swift captive exchange deal: Al Jazeera
Israel-Gaza War Updates
12:42
Families of hostages protest at Israeli Defense Ministry HQ for swift captive exchange deal: Al Jazeera
Subscribe to our VOD
SUBSCRIBE
Our visitors readings
d-none hideMe
0
News Bulletin Reports
12:25
Global student protests: Will mounting pressures contribute to halting the Israeli war on Gaza?
News Bulletin Reports
12:25
Global student protests: Will mounting pressures contribute to halting the Israeli war on Gaza?
0
Israel-Gaza War Updates
2024-04-05
UN: Attacks against those involved in humanitarian aid may amount to war crimes
Israel-Gaza War Updates
2024-04-05
UN: Attacks against those involved in humanitarian aid may amount to war crimes
0
News Bulletin Reports
2024-04-26
Financial support: US vows $26 billion military aid to Israel
News Bulletin Reports
2024-04-26
Financial support: US vows $26 billion military aid to Israel
0
Middle East News
2024-03-20
Saudi cabinet approves deal to establish regional IMF office in Riyadh
Middle East News
2024-03-20
Saudi cabinet approves deal to establish regional IMF office in Riyadh
Videos
d-none hideMe
0
Lebanon News
2023-12-11
Breaking: Israel launches raid north of Litani on Monday (Video)
Lebanon News
2023-12-11
Breaking: Israel launches raid north of Litani on Monday (Video)
0
Lebanon News
2023-11-02
Exclusive to LBCI: U.S. State Department's Wooster Stresses Lebanon Must Avoid War, Sees Renewed Push for Two-State Solution
Lebanon News
2023-11-02
Exclusive to LBCI: U.S. State Department's Wooster Stresses Lebanon Must Avoid War, Sees Renewed Push for Two-State Solution
0
Lebanon News
2023-10-18
Protests Erupt near US Embassy in Awkar Against Israeli Attacks on Al-Maamadani Hospital in Gaza
Lebanon News
2023-10-18
Protests Erupt near US Embassy in Awkar Against Israeli Attacks on Al-Maamadani Hospital in Gaza
0
Lebanon News
2023-10-05
ATFL's Ambassador Edward Gabriel on Navigating Through Economic, Political, and Refugee Crises
Lebanon News
2023-10-05
ATFL's Ambassador Edward Gabriel on Navigating Through Economic, Political, and Refugee Crises
0
Sports News
2023-08-31
Amir Saoud Powers Lebanon to Victory Over Cote d'Ivoire: A Deep Dive Into The Numbers
Sports News
2023-08-31
Amir Saoud Powers Lebanon to Victory Over Cote d'Ivoire: A Deep Dive Into The Numbers
0
Sports News
2023-08-29
France Edges Past Lebanon in a Nail-Biter at FIBA World Cup 2023: A Statistical Deep Dive
Sports News
2023-08-29
France Edges Past Lebanon in a Nail-Biter at FIBA World Cup 2023: A Statistical Deep Dive
0
Lebanon News
2019-02-28
Pierre el-Daher, the man who defeated the Lebanese Forces
Lebanon News
2019-02-28
Pierre el-Daher, the man who defeated the Lebanese Forces
Most read
d-none hideMe
24 hours
7 days
Month
1
Variety and Tech
05:15
Lebanese director Nadine Labaki to join Cannes Film Festival 2024 jury
Variety and Tech
05:15
Lebanese director Nadine Labaki to join Cannes Film Festival 2024 jury
2
News Bulletin Reports
12:28
Lebanon faces the imminent risk of being placed on the FATF grey list by late May
News Bulletin Reports
12:28
Lebanon faces the imminent risk of being placed on the FATF grey list by late May
3
Israel-Gaza War Updates
00:53
Hamas official to AFP: 'No major issues' in movement's comments on ceasefire proposal
Israel-Gaza War Updates
00:53
Hamas official to AFP: 'No major issues' in movement's comments on ceasefire proposal
4
Lebanon News
05:55
Fadlallah: Any external initiative aiming to relieve the enemy is doomed to fail
Lebanon News
05:55
Fadlallah: Any external initiative aiming to relieve the enemy is doomed to fail
5
Lebanon News
03:53
Bilal Abdallah to LBCI: No significant Western action to curb Israeli aggression in south Lebanon
Lebanon News
03:53
Bilal Abdallah to LBCI: No significant Western action to curb Israeli aggression in south Lebanon
6
Lebanon News
05:44
Jordan and France coordinate efforts for Gaza and Lebanon peace
Lebanon News
05:44
Jordan and France coordinate efforts for Gaza and Lebanon peace
7
Middle East News
07:10
Saudi FM: Bilateral agreements with US 'in the near future'
Middle East News
07:10
Saudi FM: Bilateral agreements with US 'in the near future'
8
Israel-Gaza War Updates
09:44
British Foreign Minister: Proposal submitted to Hamas includes ceasefire in Gaza for 40 days
Israel-Gaza War Updates
09:44
British Foreign Minister: Proposal submitted to Hamas includes ceasefire in Gaza for 40 days
Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
We use
cookies
We use
cookies
to make
your experience on this
website better.
Accept
Learn More