Timothy
Bloomberg
The United Arab Emirates is deepening its trade ties in Asia and Africa as part of a broader plan to draw $150 billion in foreign investment and reposition itself as a global hub for business and finance.
The UAE, which has spent years as the Middle East’s business and financial capital, will work on economic partnerships with eight countries, officials said in a media briefing on Sunday. They include South Korea, Indonesia, Kenya, Ethiopia and Turkey, where ties with President Recep Tayyip Erdogan have warmed dramatically in recent months after years of tensions of regional politics.
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