The 15th Turkish-Arab Economic Forum took place at the Four Seasons Bosphorus Hotel in Istanbul, with the participation of prominent figures and representatives from many countries.

ISTANBUL – (ARAB NEWSWIRE) — Aimed at deepening relations between Türkiye and the Gulf countries and defining joint strategies for the region, the forum saw the attendance of many key figures from the Gulf countries, including Kuwait’s Minister of Finance Noora Suleiman Salem Al-Fassam, Iraq’s Minister of Finance Taif Sami Mohammed, Egypt’s Deputy Minister of Finance Ahmed Kouchouk, Tunisia’s Minister of Economy and Planning Samir Abdelhafidh, Libya’s Minister of Finance Dr. Kalid Al-Mabrouk, President of the Turkish Investment Fund Baghdad Amreyev, Secretary General of the Egyptian Federation of Arab Chambers Dr. Khaled Hanafy, Regional Director of the Saudi International Finance Corporation Fawaz Bilbeisi, Director of the World Bank GCC Cooperation Safaa El Tayeb El-Kogali, Partner at the UK’s DWF Solomon Ebere, Board Member of the Qatar Chamber Mohamed Bin Ahmed Al Obaidly, and Vice President of International Business Development of the United Arab Emirates Khalid Al Marzooqi.

Türkiye’s Minister of Treasury and Finance Mehmet Şimşek evaluated the global and regional strategies.

In his speech at the 15th Turkish-Arab Economic Forum, Minister of Treasury and Finance Mehmet Şimşek highlighted the decline in inflation and the slowdown in monetary policies. He emphasized that global trade will continue in November, pointing out that while there are challenges, there are also opportunities in this process. Mehmet Şimşek further noted that he expects an increase in cooperation across various sectors, emphasizing that partnerships in energy, manufacturing, technology, and machinery are crucial for realizing the region’s potential and he expressed his support for diversification strategies.

Dr. Erkan Kork stated that Türkiye and the Gulf countries could build a shared future.

Speaking at the 15th Turkish-Arab Economic Forum Dr. Erkan Kork, Chairman of the Board of BankPozitif, highlighted that the participating countries share the same geography, history, and values, and emphasized that joint steps would be stronger and more effective. He noted that building a shared future with the available know-how, technology, and investments is vital for unlocking the region’s potential.

Expressing pride in Türkiye’s positioning as a fintech hub Dr. Erkan Kork predicted that Türkiye would play a leading role on the global stage in various fields in the near future. He also stressed the importance of forums, fairs and events like this for fostering relationships between the business world and governments of different countries.

In his speech, Dr. Erkan Kork pointed out that Türkiye is in a very strong position in terms of innovation and information technology, noting that while processing times in many sectors in Europe are long, they are much shorter in Türkiye. Dr. Erkan Kork also highlighted Türkiye’s high level of competitiveness in recent years.

At the forum, which had a large participation rate; Fatih Karahan, Governor of the Central Bank of the Republic of Türkiye, Burak Dağlıoğlu, Member of the Board of Directors of the Türkiye Wealth Fund and Rıfat Hisarcıklıoğlu President of the Union of Chambers and Commodity Exchanges of Türkiye, were also among the speakers.

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