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Offering a comprehensive ecosystem that meets the diverse needs and
expectations of international investors has transformed Türkiye into a focal
point for Foreign Direct Investment (FDI) in the region. Türkiye has attracted
over $255 billion in FDI since 2003, and currently, approximately 80 thousand
international companies are engaged in economic activities within its borders.
This remarkable progress has positioned Türkiye ahead of most peer
countries compared to the period before 2003. Also, Türkiye now accounts for
around one per cent of the total global FDI.

How will the improved bilateral ties contribute to regional peace and
enhance defence cooperation?

Türkiye and the UAE play significant roles in promoting peace and stability not
only within our region but also on a global scale. The strengthening relations
between our countries across various levels and the increased cooperation in
diverse fields serve as a remarkable example of mutual understanding and
contribute significantly to the overall efforts in maintaining peace and security.

The defence cooperation between Türkiye and the UAE continues to grow
stronger with each passing day, and there is immense potential for
collaboration in the defense industry. In 2022, Turkish defense exports
reached a global value of $4.5 billion, with the UAE being the leading
destination in the Middle East and the second globally. The active
participation of Turkish defense industry companies in events like IDEX and
NAVDEX Fairs, along with the notable presence of the UAE in TEKNOFEST
and IDEF, further highlight the promising opportunities in this field.

https://www.khaleejtimes.com/supplements/uae-and-turkiye-elevating-relations-to-the-level-of-a-
strategic-partnership