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Recep Tayyip Erdoğan

The 8th Turkish-Arab Economic Forum will be held on Thursday (April 4) in Istanbul, with the support of Turkish Prime Minister Recep Tayyip Erdogan.
The forum will bring together 600 participants from Turkey and Arab and European countries led by ministers, central bank governors and leaders of major companies operating in the fields of investment, banking and real estate development, industry, trade and tourism.
The forum starts with a business lunch with Turkish Minister of Finance Mehmet Simsek, followed by an official opening, where Iraqi Minister of Construction and Housing Mohammed Suhaib Al-Daraji, Egyptian Minister of Investment Osama Saleh, Simsek and Turkish Deputy Prime Minister for Economic and Financial Affairs Ali Babacan will successively take the floor.
The forum’s program will include keynote speeches delivered by Ukrainian First Vice-Prime Minister Sergei Arbuzov who will announce the Arab-Ukrainian Forum being organized by Al-Iktissad wal-Aamal on Oct. 3 of this year in Kiev, as well as Chairman of the Istanbul Stock Exchange Ibrahim Turhan who will make public during the forum the launch of the Stock Exchange in its new name after it was turned into a private company.
This will be followed by the launch of the Istanbul Financial Center (IFC) real estate project.
As for the program of the sessions, it will cover the following topics: First: The prospects of bilateral cooperation in the field of real estate development through the developments in Turkey and a selection of Arab countries. Second: The dynamics of Turkish-Arab regional cooperation in the aftermath of the Arab Spring.
In this session, the speakers will be Egyptian Investment Minister Osama Saleh, Central Bank of Kuwait Gov. Mohammed Youssef Al-Hashel and Strategic planning Director at Audi-Saradar Group Freddie Baz. Third: The prospects of Arab-Turkish integration in the field of financial markets and its positive impact on both sides. Fourth: Arab-Turkish cooperation in the fields of investment in Turkey, and specifically in the sectors of petrochemicals, health and trade. Fifth: The potential of Islamic banking in the region and the use of sukuk to fund major projects in Turkey.
The forum is also expected to include on the second day a session dedicated to strategic political affairs with the active participation of Turkish Foreign Minister Ahmet Davutoglu, Minister of State for Foreign Affairs in Qatar Khalid Al-Attiyah, and former Secretary-General of the League of Arab States Amre Moussa.

Prime Minister Recep Tayyip Erdoğan assured International Olympic Committee (IOC) members that Istanbul can deliver the ideal conditions to host the 2020 Games.

Speaking at a closed dinner given to the IOC Evaluation Commission on the night of March 26, Erdoğan said Istanbul was capable of hosting a remarkable Games.

“You should have no doubts that we will make the necessary conditions in the most ideal, the most perfect way to host the Olympic Games,” Erdoğan said. “The 2020 Istanbul Olympics will be organized in a stronger, more developed and more prosperous Turkey, right ahead of the 2023 targets.”

The prime minister emphasized that the Turkish state had set “major yet reachable targets” for 2023, the 100th anniversary of the Republic. He also described Istanbul as “the city of peace,” saying that hosting the Games in the city would “inspire humanity.”

The dinner came the night before the end of the Evaluation Commission’s four-day visit. The IOC group also visited Tokyo and Madrid earlier this month.

Erdoğan said he could not be neutral about Istanbul, as it is not only the city he was born and raised in but also the one he ran as mayor for one term during the 1990s.

“Istanbul is a generous city,” he added. “It shares its beauty, its richness, its values with everybody.”
The IOC will officially decide the host of the 2020 Games in Buenos Aires in September.

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