UAE announces $10 billion fund for investments in Turkey

Dubai, 25 November 2021, (TON): The official Emirati news agency said “the United Arab Emirates announced today a $10 billion fund for investments in Turkey.”

The announcement comes after Abu Dhabi's Crown Prince Sheikh Mohammed bin Zayed held talks with Turkish President Recep Tayyip Erdogan in Ankara on Wednesday, opening a new chapter in relations between the two countries.

Local media said that the move was "to support the Turkish economy and boost bilateral cooperation between the two countries".

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