A telecommunications tower in Qatar. Doha and Ankara have joined the integrated industrial partnership for sustainable economic development.  Karim Jaffar / AFP
A telecommunications tower in Qatar. Doha and Ankara have joined the integrated industrial partnership for sustainable economic development. Karim Jaffar / AFP

Qatar and Turkey join regional integrated industrial partnership



Qatar and Turkey joined the five existing member states of the integrated industrial partnership for sustainable economic development at Sunday’s fifth meeting of the group in Doha.

The multilateral regional partnership was originally launched in Abu Dhabi in 2022 and consisted of the UAE, Bahrain, Egypt, Jordan and Morocco.

Sunday's meeting witnessed the signing of agreements and projects with a reported book value of $2bn, including a significant raw materials deal between Bahrain Steel and Qatar Steel.

The UAE delegation was led by Dr Sultan Al Jaber, Minister of Industry and Advanced Technology, and included Omar Al Suwaidi, undersecretary at the ministry, who presented a detailed report on the group's activity.

Dr Al Jaber, also the chairman of Masdar and the managing director and group chief executive of Adnoc, said the expanded partnership presented a "unified vision" for economic development.

“We welcome the accession of the state of Qatar and the republic of Turkey to the integrated industrial partnership, and we are confident that this step will contribute to enhancing the common interests of all members, especially given the two countries’ leading industrial and economic status, and a record of successes in various sectors, especially in the industrial sector, which is a pivotal element in supporting qualitative investment opportunities at regional and global level," he said in comments reported by Wam news agency.

“The integrated industrial partnership is a distinguished model of a success story that started in Abu Dhabi, as it resulted in transforming a number of agreements signed in previous meetings into tangible projects that we see today on the ground. We are pleased to witness today the announcement of a number of new projects and agreements in vital and priority sectors.”

The UAE's non-oil foreign trade hit a record Dh3 trillion ($816.7 billion) last year − up 14.6 per cent year on year − as the country continues to diversify its economy and forges closer trade ties with countries around the world.

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Updated: February 09, 2025, 7:08 PM