Turkey–United Arab Emirates relations
United Arab Emirates
Turkey is recently one of the UAE's largest trading partners, with USD $9 billion in annual bilateral trade volume - triggering a rise of 800 percent in the last seven years; the year of 2008 saw foreign trade figures reveal Turkey as one of the UAE’s top 10 biggest suppliers while over the past five years (2004-2008), UAE’s exports to Turkey have increased six-fold. In an attempt to enhance tourism bonds, the UAE launched new Etihad Airways flights to Istanbul in 2009, serving the city four times a week. The chief executive of Etihad Airways remarked "Abu Dhabi and Istanbul share a common bond in that they are two proud and historic cities with ambitious plans to continue sustainable growth, mutual understanding and respect."
Emirati businessmen have been encouraged to invest in Turkey, as part of Turkey's ongoing privatization efforts. In 2010, both sides pledged on improving commercial relations through common projects and convene officials in the future to determine possible areas of cooperation.
There is considerable Turkish presence in the UAE including Turkish construction companies which have put their signature on many developments in the region. In addition, there is a small community of Turks in the United Arab Emirates. According to the Turkish embassy, the number of Turkish companies established in the UAE is over 400, with 75 of those operating in and around Abu Dhabi.
More recently, relations between the two countries have soured over differing attitudes to the Egyptian crisis and its aftermath, with Turkey backing the Muslim Brotherhood of Egypt and the UAE supporting military rule under President Abdel Fattah el-Sisi, and thus the UAE is considered the most hostile member of the Gulf Cooperation Council to Turkey.
- Turkey sees great progress in relations with UAE - World Bulletin
- Turkey, UAE to improve economic relations - Turkey Financial
- Istanbul flights set to boost UAE-Turkey relations - Etihad Airways
- Finance Minister invites UAE businessmen to Turkey - Turkey Financial
- Turkey, UAE agree to cooperate on projects - Today's Zaman