Ras Al Khaimah, one of the seven emirates of the United Arab Emirates, has signed a strategic cooperation agreement with TÜRKONFED, aiming to create new trade and investment opportunities for more than 100,000 Turkish businesses across all 81 provinces of Türkiye.
A new initiative has been added to Gulf countries’ growing interest in Turkish companies.
The Emirate of Ras Al Khaimah has signed a strategic cooperation agreement with TÜRKONFED, one of Türkiye’s largest business organizations.
The agreement was signed between the Ras Al Khaimah Chamber of Commerce and Industry and the Turkish Enterprise and Business Confederation (TÜRKONFED), according to the UAE’s official news agency WAM.
Access to More Than 100,000 Companies
TÜRKONFED represents more than 100,000 businesses across Türkiye through 31 regional and sectoral federations and more than 300 associations. Its network extends across all 81 provinces of the country.
Ras Al Khaimah aims to use the agreement to establish direct economic ties with this extensive network of Turkish businesses.
Under the agreement, the two sides plan to establish direct communication channels between Ras Al Khaimah and the Turkish business community, while increasing bilateral trade and investment.
The cooperation will not be limited to large companies. Start-ups and small and medium-sized enterprises (SMEs) are also expected to benefit from joint projects and investment opportunities to be developed between the two sides.
Agreement Signed
The strategic cooperation agreement was signed by Mohamed Mosbbeh Al Nuaimi, Chairman of the Ras Al Khaimah Chamber of Commerce and Industry, and Süleyman Sönmez, President of TÜRKONFED.
The agreement aims to strengthen economic and commercial relations between the two organizations and create new investment and cooperation opportunities for companies.
Source: Patronlar Dünyası/ Prepared by: İlayda Gök