The Turkish Arab Financial Forum convened in Dubai, UAE to discuss the untapped potential of TurkishGCC financial ties, the latest developments and opportunities in FinTech, the intersection and partnership between FinTech and traditional banking, capitalizing on the new wave of emerging investments in startups and FinTech companies, and the role of DeFi and crypto assets in Turkish-Arab financial partnership.
Investment Office President A. Burak Dağlıoğlu took the floor at the forum, expressing Türkiye's heartfelt gratitude for the searchand-rescue teams as well as the in-kind and in-cash aids delivered by the UAE. He stated that President Recep Tayyip Erdoğan and UAE President Sheikh Mohamed bin Zayed Al Nahyan share a great vision to further economic partnership between the two countries and extend these relations to multiple arenas, including politics and culture.
Dağlıoğlu added, “It is the best and right time to invest in Türkiye, a resilient and fast-growing economy that has posted a CAGR of around 5.4 percent over the past two decades. Türkiye has an investorfriendly business environment that is ever-improving its ranking in many global indexes and benchmarks, backed by ongoing economic reforms. Furthermore, Türkiye has a competent labor pool that provides employers with the right talent in the current global setting of Great Resignation amidst robust labor demand. And finally, Türkiye's geostrategic location offers investors a complementary value proposition to the UAE's location, with access to a larger geography spanning Europe, Asia, and Africa."
Speaking of the FinTech vertical, Dağlıoğlu invited UAE investors to take a closer look at the Turkish startup ecosystem that has already proven to be quite successful globally.