Turkey, Iraq, Qatar, and the UAE on Monday concluded a four-way memorandum of understanding for cooperation on the “Development Road” project.

The memorandum was signed at the Republican Palace in the capital, Baghdad, under the patronage of Turkish President Recep Tayyip Erdogan and Iraqi Prime Minister Muhammad Shiaa Al-Sudani.

The Turkish Minister of Transport and Infrastructure, Abdulkadir Oraloglu, the Iraqi Minister of Transport, Razzaq Muhaibis Al-Saadawi, the Qatari Minister of Transport, Jassim bin Saif Al-Sulaiti, and the Emirati Minister of Energy and Infrastructure, Suhail Muhammad Al-Mazrouei, participated in the signing ceremony.

President Erdogan arrived in Baghdad on Monday morning, accompanied by a large number of Turkish ministers, to meet with Iraqi officials.

The “Development Road” project is a land and railway road extending from Iraq to Turkey and its ports, with a length of 1,200 kilometers inside Iraq, and aims to transport goods between Europe and the Gulf countries.

The post Memorandum of Understanding on the “Path of Development” appeared first on Move 2 Turkey.

Turkey attracted direct international investments worth $240 million last February.

This was stated in the “Bulletin of International Direct Investments in Numbers” published by the International Investors Association (YASED) on Wednesday.

Investment capital flows amounted to $217 million, and real estate sales to foreign citizens amounted to $152 million.

Subtracting the downside effect of divestments worth $15 million and debt instruments worth $114 million, international direct investments flowing into Turkey in February amounted to $240 million.

Ireland ranked first in direct international investments with 18 percent, followed by Germany with 15 percent, then the UAE with 13 percent, Italy with 10 percent, and Sweden with 8 percent.

The European Union countries’ proportion of direct international investments reached 61 percent of total investments in February.

The total value of foreign direct investments in Turkey since 2002 has reached more than $264 billion.

The post Turkey.. $240 million in direct international investments in February appeared first on Move 2 Turkey.

Turkish Trade Minister Ömer Polat discussed with UAE Minister of State for Foreign Trade Thani bin Ahmed Al Zeyoudi the economic and trade relations between the two countries.

Polat said in a post on the “X” platform that he held discussions with the Emirati minister in a phone call that took place between them on Thursday.

He stated that he agreed with Al-Zeyoudi to accelerate the necessary steps to increase the volume of trade between the two countries and increase investments through the opportunities provided by the Comprehensive Economic Partnership Agreement between the two countries.

He added: “The economic relations between Turkey and the UAE have a multi-dimensional structure that includes trade, investment, energy and tourism, and we will continue to work to further strengthen our economic relationship.”

The two ministers also exchanged congratulations on Eid al-Fitr, the first day of which fell yesterday, Wednesday, according to the same publication.

The post Turkish-Emirati discussions on economic and trade relations appeared first on Move 2 Turkey.

Turkey ranked first in the world among the countries sending the most aid to the Gaza Strip, which is subjected to an Israeli war and siege.

Israeli Ministry of Defense data showed on Monday that the aid sent from Turkey to Gaza amounted to 26 percent of the total aid that entered the Strip.

According to the same data, the United Arab Emirates and Turkey shared first place with the same percentage.

The Kingdom of Saudi Arabia came in second place with 15 percent, followed by Qatar with 7 percent.

In addition, Türkiye donated 7 ambulances out of 74 that were allowed to enter the Gaza Strip.

Also, 3,204 sick and wounded people, along with 725 companions, were evacuated from the Gaza Strip to receive treatment abroad, coordinated by Turkey, Egypt, and the United Arab Emirates.

Turkey continues to provide humanitarian aid to the Gaza Strip in coordination with Egypt since the start of the Israeli attacks.

On the other hand, Turkey continues its assistance to the sick and wounded who were unable to obtain health care after the Israeli attacks on Gaza.

Many countries of the world sent humanitarian aid to Gaza through Egyptian territory, but Israeli obstacles led to the cessation of most of this aid on the Egyptian side.

Israel also ignores international calls to allow humanitarian aid to enter the Gaza Strip through the Rafah border gate with Egypt.

The ongoing Israeli war on Gaza for 6 months has left more than 100,000 dead and wounded, most of them children and women, and massive destruction and famine that have claimed the lives of children and the elderly, according to Palestinian and UN data.

On the eve of Eid al-Fitr, Israel continues the war despite the Security Council issuing an immediate ceasefire resolution, and despite its first appearance before the International Court of Justice on charges of committing “genocide.”

The post Turkey is the first in the world to send humanitarian aid to Gaza appeared first on Move 2 Turkey.

Turkey ranked second in the list of countries sending the most humanitarian aid to the Gaza Strip in light of the continuing siege and Israeli attacks.

According to data from the “Coordination Unit of Government Activities in the Territories” of the Israeli Ministry of Defense, the UAE ranked first with 26 percent of the total aid directed to Gaza, despite Israel continuing to obstruct its entry except in small quantities, followed by Turkey with 23 percent.

Saudi Arabia came in third place with 16 percent, then Qatar with 8 percent.

Since March 26, Turkey has donated 9 ambulances out of 21 that were sent to the sector, taking first place in this regard, followed by Kuwait with 8 ambulances.

It should be noted that Turkey continues to deliver humanitarian aid to Gaza in coordination with Egypt since the start of the Israeli war on the Strip on October 7, 2023.

Many countries in the world sent humanitarian aid to Gaza through Egyptian territory, but due to Israeli obstacles, most of it is still stuck in Egypt.

Israel restricts the entry of aid into Gaza, which led to a scarcity of food, medicine and fuel supplies and created a famine that began to claim the lives of children and the elderly in the Strip, which is inhabited by about 2.3 million Palestinians, including about two million displaced as a result of the war, and which Israel has besieged for 17 years.

Several international bodies are pressuring Tel Aviv to increase the number of aid arriving into the Gaza Strip through land crossings to provide urgent and urgent life-saving needs for the Palestinians.

Since October 7, Israel has been waging a devastating war on Gaza that has left tens of thousands of civilian victims, most of them children and women, according to Palestinian and UN data, which led to its appearance before the International Court of Justice on charges of committing “genocide.”

The post Turkey ranks second in sending aid to Gaza appeared first on Move 2 Turkey.

The Turkish sovereign wealth fund signed the first international Islamic Murabaha financing deal with the UAE’s Sharjah Islamic Bank, worth $100 million.

A statement issued by the Fund on Wednesday explained that it concluded its first Islamic financing deal with Sharjah Islamic Bank through a Murabaha financing agreement worth $100 million with a maturity of 3 years.

He added that the deal is the first mutual Murabaha financing provided by Sharjah Islamic Bank to a global sovereign fund.

He stated that the deal aims to strengthen international markets’ confidence in the Turkish economy.

For his part, Director General of the Turkish Sovereign Wealth Fund, Arda Armut, confirmed that the deal is “part of the sustainable development vision and the mission of supporting recovery and deepening financial markets.”

He added that the sovereign wealth fund continues its work to make Turkey “an important player in Islamic finance and diversify tools in this field.”

In turn, Mohammed Abdullah, CEO of Sharjah Islamic Bank, expressed his welcome for Turkey’s support by providing the first bilateral Murabaha financing with an international sovereign fund.

He added that this cooperation will contribute significantly to increasing international Islamic financing opportunities in Turkey, and is an indication of the Bank of Sharjah’s determination to respond to the financing needs of strategic institutions of a country like Turkey.​​​​​​

The post Turkey and the UAE sign the first Islamic Murabaha financing deal appeared first on Move 2 Turkey.

Turkish President Recep Tayyip Erdogan stated that the volume of trade between his country and the UAE exceeded $20 billion, indicating that the goal is to exceed $50 billion.

This came during his meeting on Tuesday with representatives of international investment companies and companies owned by princely families in Dubai, according to a statement by the Communications Department of the Turkish Presidency.

During the meeting, Erdogan mentioned that about 600 companies with Emirati capital are currently operating in Turkey, and that the volume of trade exchange between the two countries has exceeded the level of 20 billion dollars.

Erdogan called on Emirati companies to invest in Turkey, pointing out that the goal in the coming period is to exceed the level of $50 billion in trade exchange.​​​​​​

At dawn on Tuesday, Turkish President Recep Tayyip Erdogan arrived in the United Arab Emirates on an official visit.

Erdogan was received at Dubai International Airport by UAE Minister of Economy Abdullah bin Touq Al Marri, Turkish Ambassador to Abu Dhabi Turgay Tuncer, Turkish Consul in Dubai Onur Çaylan and others concerned.

Erdogan is accompanied on his visit by Foreign Minister Hakan Fidan, Energy and Natural Resources Minister Alp Arslan Bayraktar, and Treasury and Finance Minister Mehmet Simsek.

In addition to the Minister of Defense, Yaşar Guler, Health, Fahrettin Koca, Industry and Technology, Mehmet Fatih Kaçer, and Trade, Omar Polat.

The post Erdogan: We aim to trade trade worth $50 billion with the UAE appeared first on Move 2 Turkey.

The “World Government Summit 2024” will kick off in the Emirate of Dubai on Monday, under the slogan “Foreseeing the Governments of the Future,” and will continue for three days.

4,000 participants from 140 countries, more than 25 heads of state and government, and 85 international organizations are participating in the summit, according to what was reported by the Emirates News Agency, WAM.

The agency quoted UAE President Mohammed bin Zayed Al Nahyan as saying, “The World Government Summit represents a responsible invitation from the UAE to the entire world for dialogue and exchange of experiences, in addition to optimal investment in ideas and energies.”

While the Prime Minister of the UAE, Mohammed bin Rashid Al Maktoum, said that the World Government Summit “has transformed over 11 years into a global forum for generating inspiring ideas, celebrating success stories, and consolidating the knowledge aspect in government work.”

The summit will witness the holding of 110 main dialogue and interactive sessions in which 200 international figures will speak, including presidents, ministers, experts, thinkers and future makers.

In addition to holding more than 23 ministerial meetings and executive sessions in the presence of more than 300 ministers.

The summit will launch 25 strategic reports in cooperation with knowledge partners from think tanks, academic and research institutions, with the aim of studying global trends in various sectors and providing implementable government strategies.

The World Government Summit hosts 15 global forums that focus on developing strategies and future plans in the most vital sectors that concern humanity, according to WAM.

The World Government Summit 2024 focuses on 6 main themes, including: enhancing the pace of growth and change for effective governments, artificial intelligence, and new future horizons.

It also includes the new vision for development, future economies, the future of education, the aspirations of tomorrow’s societies, sustainability, and new global transformations, in addition to urban expansion and global health priorities.

The post The World Government Summit with participation of 140 countries appeared first on Move 2 Turkey.

On Saturday, Turkish President Recep Tayyip Erdogan received US Secretary of State Antony Blinken in Istanbul.

The meeting took place at Wahiddin Palace in Istanbul and was attended by Turkish Foreign Minister Hakan Fidan, the head of the Intelligence Service, Ibrahim Kalin, and the US Ambassador to Ankara, Jeffrey Flake.

Earlier on Saturday, Fidan and Blinken held a meeting in which they discussed “the war in Gaza, the humanitarian crisis, the process of Sweden joining NATO, and bilateral and regional issues,” according to a statement by the Turkish Foreign Ministry.

Yesterday, Friday, Blinken arrived in Turkey at the beginning of a Middle Eastern tour to discuss developments in the war on Gaza.

US State Department spokesman Matthew Miller said in a statement Thursday that Blinken will discuss a number of critical issues with his counterparts over the course of a week in Turkey, Greece, Jordan, Qatar, the UAE, Saudi Arabia, Egypt, and the West Bank.

The post Erdogan receives the US Secretary of State in Istanbul appeared first on Move 2 Turkey.

The meeting began between Turkish Foreign Minister Hakan Fidan and his American counterpart, Antony Blinken, in Istanbul.

And it was said on Saturday that the meeting would be held between Fidan and Blinken at Wahid al-Din Palace.

President Recep Tayyip Erdogan is expected to receive the US Secretary of State later.

Yesterday, Friday, Blinken arrived in Istanbul at the beginning of a Middle Eastern tour to discuss developments in the war on Gaza.

Also it is also expected that Fidan and Blinken will discuss the Israeli attacks on Gaza, regional issues, and bilateral relations.

US State Department spokesman Matthew Miller said in a statement on Thursday that Blinken will discuss a number of critical issues with his counterparts.

The discussion will take place over a week in Turkey, Greece, Jordan, Qatar, the UAE, Saudi Arabia, Egypt and the West Bank.

The post Fidan and Blinken meeting begins in Istanbul appeared first on Move 2 Turkey.