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The investment of Dubai companies in Turkey reached 2 billion dollars

news agency wam , 12 Oct 2024 - 17:46

Officials in the Dubai Chambers have announced that Turkey’s investment in the Dubai market has reached two billion dollars.


According to Amac News: Mohammad Ali Rashid Lootah, President and CEO of Dubai Chambers, said that Turkey's investment in the Dubai market between 2015 and 2023 was about 100 million dollars.
According to him, Dubai-based companies have invested nearly 2 billion dollars in Turkey from 2018 to the first half of 2024.
He added that the number of Turkish companies registered as active members of the Dubai Chamber of Commerce has increased from 315 companies in 2014 to more than 3,257 companies in 2024, an increase of 934 percent in the last decade.
He also highlighted key business sectors such as metals and stones and pointed to the digital economy as a promising area for future growth.
He encouraged Turkish companies known for their software expertise to take advantage of opportunities to export digital services from Dubai to European markets.


Story Code: 1773

News Link :
https://www.amacnews.com/en/news/1773/the-investment-of-dubai-companies-in-turkey-reached-2-billion-dollars

AMAC
  https://www.amacnews.com