Turkish president visits UAE to boost bilateral relations
February 14, 2022, 9:37 am

Turkish president visits UAE to boost bilateral relations

Turkey's president Recep Tayyip Erdogan/Official Facebook page

The Gulfnews reported, the visit of Turkish president Recep Tayyip Erdogan to the UAE on Monday is set to be an important step towards strengthening bilateral relations.

It said that the trip follows the visit of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, to Ankara in November, during which several agreements in the fields of finance, banking, shipping, energy and environment were signed.

Several landmarks and iconic Emirati buildings in the UAE will light up with Emirati and Turkish flags to celebrate Erdogan’s visit, including the Burj Khalifa.

Erdogan is also expected to visit the Turkish pavilion at Expo 2020 Dubai.

Strong ties

The value of trade between the two countries reached Dh26.4 billion in the first half of 2021, an increase of 100 per cent compared to the year-ago period.

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The UAE has also recently established a $10 billion investment fund in Turkey.

In early November, the UAE provided Dh36.7 million to support the rehabilitation of some Turkish regions affected by forest fires and floods and expressed its solidarity with the Turkish people.

The UAE is Turkey’s 12th largest trading partner globally, and its largest in the Gulf region.

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Nearly 400 companies in Turkey have been established with Emirati capital, with real estate being at the top of the list of Emirati investments, along with banking, ports and tourism sectors.

Source: gulfnews

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BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has announced its sponsorship of the “Innovation and Sustainable Technology Solutions Competition (GU - IST Solutions), hosted by Gulf University at its main campus.
This strategic sponsorship reflects BENEFIT’s active role in advancing technological innovation and fostering sustainable solutions to future challenges. It also seeks to empower Bahraini youth by enhancing their skills, capabilities, and competitiveness in innovation and solution development—contributing meaningfully to the broader goals of sustainable development across all sectors.
As part of BENEFIT’s active involvement in the competition, the company has announced that Hanan Abdulla Hasan, Senior Manager of Public Relations and Communication, will serve on the competition’s supervisory committee. Her upcoming participation reflects BENEFIT’s forward-looking commitment to championing academic and professional excellence.
Commenting on the occasion, Hanan Abdulla Hasan, Senior Manager of Public Relations and Communication at BENEFIT, said, “We are privileged to support this pioneering initiative, which aligns seamlessly with BENEFIT’s enduring commitment to fostering innovation and nurturing the potential of Bahrain’s youth. Our participation is rooted in a deep sense of social responsibility and a firm belief in the pivotal role of innovation in shaping a sustainable future. Through such platforms, we seek to empower the next generation with the knowledge, skills, and foresight required to develop impactful solutions that address future challenges, in line with the United Nations Sustainable Development Goals 2030.”
Dr. Aseel Al Ayash Dean of the College of Engineering in Gulf University commented, “We extend our sincere gratitude to BENEFIT for their generous sponsorship and support of the Innovation and Sustainable Technology Solutions Competition. This contribution plays an instrumental role in helping us achieve the strategic goals of this initiative, namely, cultivating a culture of innovation and sustainability, encouraging efforts that address the imperatives of sustainable development, and enhancing the practical and professional capabilities of our students and participants.”
The event will bring together a diverse spectrum of participants, including secondary school students, university undergraduates, engineers, industry professionals, entrepreneurs, academic researchers, and subject matter experts representing a wide range of disciplines.
The competition seeks to inspire participants to develop and present innovative, sustainable technologies aimed at addressing pressing environmental, social, and economic challenges. It encourages the formulation of business models that integrate advanced technological solutions with core principles of sustainability. Moreover, it serves as a platform for emerging leaders, entrepreneurs, and innovators to contribute to the advancement of the Sustainable Development Goals, promote the ethos of responsible technology, and demonstrate its transformative potential across various sectors.
Attendees will have the opportunity to view a series of project presentations submitted by participants, covering diverse areas such as eco-friendly product design, smart and sustainable innovations, renewable energy technologies, water conservation and management, waste minimisation and recycling, green architectural solutions, and sustainable transportation systems. Outstanding projects will be formally recognised and awarded at the conclusion of the event.