UAE strengthens bilateral ties with Turkey.Summary: Dubai Export Development Corporation (DEDC DEDC Dubai Export Development Corporation ), the Dubai government body charged with promoting exports from the emirate e·mir·ate n. 1. The office of an emir. 2. The nation or territory ruled by an emir. Noun 1. emirate - the domain controlled by an emir , along with the UAE (Uninterruptible Application Error) The name given to a crash in Windows 3.0. In subsequent versions of Windows, a crash was called a "General Protection Fault," "Application Error" or "Illegal Operation." See crash in Windows and abend. Ministry of Foreign Trade and three other high-level UAE delegations, have discussed potential partnerships with Turkey's Ministry of Trade. UAE strengthens bilateral bilateral /bi·lat·er·al/ (-lat´er-al) having two sides, or pertaining to both sides. bi·lat·er·al adj. 1. Having or formed of two sides; two-sided. 2. ties with Turkey High-level UAE delegation attends Izmir International Fair Dubai Export Development Corporation (DEDC), the Dubai government body charged with promoting exports from the emirate, along with the UAE Ministry of Foreign Trade and three other high-level UAE delegations, have discussed potential partnerships with Turkey's Ministry of Trade. The United Arab Emirates United Arab Emirates, federation of sheikhdoms (2005 est. pop. 2,563,000), c.30,000 sq mi (77,700 sq km), SE Arabia, on the Persian Gulf and the Gulf of Oman. has reinforced its bilateral ties with Turkey through a five-man UAE delegation at the recently concluded 77th Izmir International Fair, Turkey's oldest trade fair. "The UAE, particularly Dubai, is attracting worldwide attention through its innovative businesses resulting in various huge investments from neighbouring countries, including Turkey. The UAE has emerged as a global business hub with its diverse economy in the region," said Engineer Saed Al Awadi, Chief Executive Officer, DEDC. "Turkey is Dubai's leading export destination for aluminium products and precious metals Precious Metals Valuable metals such as gold, iridium, palladium, platinum, and silver. Notes: Investing in precious metals can be done either by purchasing the physical asset, or by purchasing futures contracts for the particular metal. valued at AED AED - Automated Engineering Design 85.63 million and AED52.91 million respectively during the first half of 2008. The Izmir International Fair is a perfect platform for us to enhance Dubai's export capabilities, strengthen trade relations as well as forge partnerships with different sectors in Turkey." The volume of trade between the UAE and Turkey grew a phenomenal 400% from $700 million in 2002 to $3.7 billion in 2007, with mutual investments reaching $2.5 billion in the past two years. The UAE currently has around $4 billion in investments in Turkey, while Turkey recently committed $40 billion in investments to the UAE within the next five years. 2008 Al Bawaba (www.albawaba.com) 2008 Al Bawaba (Albawaba.com) Provided by Syndigate.info an Albawaba.com company |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion