Saudi Arabia’s ACWA Power Co. is set to build two large-scale solar plants in Turkey, with a deal expected to be finalized within days. This initiative marks a significant step in ACWA’s plan to invest billions of dollars in the Turkish energy sector. According to Turkish Energy Minister Alparslan Bayraktar, the contract will involve the...
Saudi Arabia’s ACWA Power Co. is set to build two large-scale solar plants in Turkey, marking a significant step in its plan to invest $5 billion in the country’s energy sector. The deal is expected to be finalized in the coming days. Turkish Energy Minister Alparslan Bayraktar announced that ACWA and Turkish officials are in...
His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, the Crown Prince and Prime Minister of Saudi Arabia, received a phone call from Turkish President Recep Tayyip Erdogan on Saturday. During the conversation, they discussed the recent developments in the region following the Israeli attack on the Islamic Republic of Iran. According to...
Turkey is actively seeking more investments from the United Arab Emirates (UAE) in the field of artificial intelligence (AI) as the two countries strengthen their bilateral ties. Burak Daglioglu, the president of the Investment Office of the Presidency of Turkey, stated, “The UAE is positioning [itself] as a hub for AI investments and we see...
President His Highness Sheikh Mohamed bin Zayed Al Nahyan welcomed Turkish Foreign Minister Hakan Fidan in Abu Dhabi to discuss ways to enhance the relationship between the UAE and Turkey. The leaders held talks focusing on regional and international developments, underscoring the need for promoting peace and stability in the Middle East. During the meeting,...
Dr. Saad bin Saud Al-Fahid, President of Gulf University, met with Dr. Aisha Hilal Sayankoytak, the Turkish Ambassador to Bahrain, to discuss enhancing academic and research cooperation between the two nations. This meeting occurred in light of Dr. Sayankoytak’s recent appointment as ambassador. During the meeting, they reviewed several topics of mutual interest and explored...
The UAE and Turkey have recently enhanced their economic ties as their bilateral non-oil trade reached $40.5 billion in 2024. This milestone occurs three years ahead of the target set by the Comprehensive Economic Partnership Agreement (CEPA), which was enacted on September 1, 2023. The two countries celebrated an 11.5 percent growth in non-oil trade,...