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UAE to establish a US$10 billion investment fund in Turkey

Jordan Daily -The UAE announced it will establish a US$10 billion investment fund in Turkey.

This announcement followed the talks held yesterday between Sheikh Mohamed bin Zayed Al Nahyan and the Turkish President Recep Tayyip Erdogan which aimed to support the Turkish economy and boost the bilateral cooperation between the two countries, Emirates News Agency (WAM) reported.

The new fund will focus on strategic investments, most notably in the logistics sectors, including energy, health, and food, the agency indicated.

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