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OIC Economies

UAE invests $95m in Türkiye at the start of year


The United Arab Emirates was among the top three investors in Türkiye at the beginning of the year. 

The Gulf state invested $95 million in the first two months of the year, behind Germany, which invested $198 million and the Netherlands that ploughed $118 million, state-run Anadolu Agency reported, citing data from the Association of International Investors. 

European Union (EU) countries accounted for 35% of inbound FDIs in February, which totalled $780 million. The UAE held the largest share by country at 18%, ahead of Singapore and the US at 15% each, Germany (14%) and Spain (9%).  

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