Directorate of Communications statement: Turkiye and the United Arab Emirates have signed and ratified 13 documents in various fields. The total value of the agreements is 50.7 billion dollars. It was decided to deepen the existing cooperation in areas such as energy, transportation, infrastructure, logistics, e-commerce, finance, health, food, tourism, real estate, construction, defense industry, artificial intelligence and advanced technologies.
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There will certainly be a significant inflow of hot money into critical sectors. In other words, it seems that there will be a more technology-intensive resource inflow, with defense and aviation playing a critical role, rather than the traditional structure with a focus on real estate, automotive, energy, retail and service-related sectors etc..