OIC Economies

July OIC news wrap: Turkey, GCC countries ink deals; Saudi intensifies net-zero quest; and more


Here's a roundup of key developments across OIC countries in the month of July.

Editor's note: The Turkish President's recent trip to the GCC to shore up investment was a fruitful one. His visit marked the signing of 16 cooperation agreements between his country and Saudi Arabia, and another $50 billion in deals with the UAE. This also builds on the comprehensive economic partnership agreement ratified by the UAE and Turkey earlier this year, to push bilateral non-oil trade to beyond $40bn in the next five years. 

Meanwhile, Saudi Arabia is accelerating in its quest for net-zero emissions, exploring clean energy alternatives, partnering with cross-border entities on green projects, as well as shoring up financial support for the world's largest solar project. 

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tags:

Companies
Saudi Arabia
UAE
Investment
Morocco
Intra-OIC trade
Turkey
Japan
Bangladesh
ESG
Oman
Pakistan
Trade agreements
OIC trade