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Turkey, UAE Sign Agreements As Tensions Subside

MIDEAST

Guy Elster at Walla News tweets: "[Turkish President Recep Tayyip] Erdogan and [UAE Crown Prince] Muhammed bin Zayed signing on a series of agreements between the UAE and Turkey, after years of tensions. Erdogan has blames [sic] UAE over the coup attempt in 2016, but it needs its money to save the economy"

  • Turkey's YeniSafak reports that "It is understood that agreements for cooperation in multiple fields including trade, energy and environment, as well as agreements covering direct investments in Turkey will be signed. Investment deals will be signed between the Abu Dhabi Developmental Holding Company PJSC (ADQ), the state investment fund of the UAE, and the Turkey Wealth Fund, as well as the presidential investment office. Another agreement will be signed between the Abu Dhabi Securities Exchange and Borsa Istanbul, besides an memorandum of understanding with the Abu Dhabi Ports company."

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