Search Site

SIB’s 2024 profit $272m

The profit surpassed AED 1 billion for the first time in bank's history.

AD Ports to invest in Kazakh port

Under the deal, AD Ports Group owns 51% stake.

PIF acquires stake in Saudi Re

The acquisition was made by way of a capital increase.

ADNOC Gas awards contracts

The $2.1bn contracts are aimed at enhancing LNG supply infrastructure.

ADNOC L&S buys stake in Navig8

The company will acquire the remaining stake in mid-2027.

UAE looks to accelerate trade cooperation with Turkey

The FCCI is keen to enhance cooperation with MÜSİAD and utilize the momentum provided by Expo to intensify relations between the two sides. Creative Commons
  • The two sides reportedly discussed ways to enhance trade ties between FCCI and MÜSİAD
  • They are also said to have focused their discussions on the prospects of growing cooperation

The UAE Federation of the Chambers of Commerce and Industry (FCCI) received a trade delegation representing Turkey’s Independent Industrialists and Businessmen Association (MÜSİAD), in a meeting that turned out to be mutually beneficial, official sources have said.

The meeting took place at Expo 2020 Dubai, said the sources.

FCCI Secretary-General Hamid Muhammad bin Salem and a number of business owners from the UAE are said to have been present at the meeting.

The two sides reportedly discussed ways to enhance trade ties between FCCI and MÜSİAD.

They are also said to have focused their discussions on the prospects of growing cooperation over the coming period.

The FCCI secretary-general has been quoted by local reports as saying that the privileged relations between the UAE and Turkish private sectors are paving the way for more rewarding cooperation between business owners in the two countries.

He also pointed to the FCCI’s keenness to enhance cooperation with MÜSİAD and utilize the momentum provided by Expo to intensify relations between the two sides.