For centuries Libya, Egypt and parts of modern-day Iraq formed some of the most important outposts of the Ottoman Empire. From their borders trade flourished and commercial bridges were forged.
Today, Turkey is forging new relationships with these same countries as it seeks to assist in large-scale reconstruction and development after years of under-investment and more recently the populist uprisings of the Arab Spring.
In the coming months, Turkish companies are hoping to secure billions of dollars of deals suspended since unrest erupted and earn new contracts in Arab Spring economies and others.
"Turkey is an increasingly important economic partner with the Arab world and its presence and investment in the Middle East is welcome," said Jassim Al Mannai, the director general of the Arab Monetary Fund.
Last week, Turkey's prime minister Recep Tayyip Erdogan led a tour to Egypt, Tunisia and Libya accompanied by scores of leading businessmen. It was the highest profile visit to the three nations since their leaders were deposed in uprisings.
Executives from Turkcell, the country's biggest mobile phone company, the banking giant Akbankand the conglomerate Taha were among those making the trip.
Capitalising on Mr Erdogan's popularity in the Arab world, businesses are positioning themselves to benefit from the return of business life in post-revolution regimes.
Turkey has a long history of commercial ties with the Middle East.
In modern times, those links have swelled as Turkish builders and manufacturers have tapped their neighbours for business. From the Turkish contractor Yapi Merkezi's involvement in building the Dubai Metro, to Turkish products adorning the shelves of grocery stores in Iraq, Turkish businesses have muscled their way into Arab economies.
But some of the country's commercial interests were thrown into uncertainty by the unrest unfolding in the region.
Turkish contracts in Libya worth US$18.5 billion (Dh67.9bn) were threatened when the violence erupted in February. About 140 Turkish companies, mostly involved in construction, were working on projects worth billions of dollars when fighting broke out in Libya. About 25,000 Turkish workers were evacuated.
Turkish companies were owed $1.4bn in unpaid bills in Libya and own machinery worth almost $1bn, the Turkish-Libyan Business Council has told Turkish media.
Exports to Libya, Egypt and Tunisia have also slid since unrest first flared in the region in December.
The recent tour aimed to arrest the downward trend. "The current strong cooperation should be improved on the eve of a new era in the region," said the Turkish Exporters' Assembly.
Turkish investment in the Arab Spring reconstruction could also prove crucial as US and Europe remain focused on overturning sluggish economic growth and debt troubles, say analysts.
Many Turkish companies, meanwhile, are seeking to expand, buoyed by a domestic economy expected to accelerate by 4.6 per cent this year.
Turkey's bid for a leading role in the reconstruction efforts comes as the country's rapidly emerging economy faces a squeeze from crises threatening commerce with neighbouring Europe and Syria.
A tightening crackdown on protesters by Bashar Al Assad, the Syrian president, since April has put at risk rising one-way trade with the country.
As much as $1bn of exports went to Syria in the first half of the year. The country also acted as a road route for Turkish lorries to transport goods onwards to the Gulf.
In Europe, a sovereign debt impasse is clouding the outlook of commerce with Turkey's main trading partner. Nearly half of Turkish goods are consumed in the EU.
[ tarnold@thenational.ae ]
Most polluted cities in the Middle East
1. Baghdad, Iraq
2. Manama, Bahrain
3. Dhahran, Saudi Arabia
4. Kuwait City, Kuwait
5. Ras Al Khaimah, UAE
6. Ash Shihaniyah, Qatar
7. Abu Dhabi, UAE
8. Cairo, Egypt
9. Riyadh, Saudi Arabia
10. Dubai, UAE
Source: 2022 World Air Quality Report
MOST POLLUTED COUNTRIES IN THE WORLD
1. Chad
2. Iraq
3. Pakistan
4. Bahrain
5. Bangladesh
6. Burkina Faso
7. Kuwait
8. India
9. Egypt
10. Tajikistan
Source: 2022 World Air Quality Report
COMPANY PROFILE
Company name: Almouneer
Started: 2017
Founders: Dr Noha Khater and Rania Kadry
Based: Egypt
Number of staff: 120
Investment: Bootstrapped, with support from Insead and Egyptian government, seed round of
$3.6 million led by Global Ventures
COMPANY PROFILE
Company: Eco Way
Started: December 2023
Founder: Ivan Kroshnyi
Based: Dubai, UAE
Industry: Electric vehicles
Investors: Bootstrapped with undisclosed funding. Looking to raise funds from outside
COMPANY PROFILE
Name: Haltia.ai
Started: 2023
Co-founders: Arto Bendiken and Talal Thabet
Based: Dubai, UAE
Industry: AI
Number of employees: 41
Funding: About $1.7 million
Investors: Self, family and friends
Email sent to Uber team from chief executive Dara Khosrowshahi
From: Dara
To: Team@
Date: March 25, 2019 at 11:45pm PT
Subj: Accelerating in the Middle East
Five years ago, Uber launched in the Middle East. It was the start of an incredible journey, with millions of riders and drivers finding new ways to move and work in a dynamic region that’s become so important to Uber. Now Pakistan is one of our fastest-growing markets in the world, women are driving with Uber across Saudi Arabia, and we chose Cairo to launch our first Uber Bus product late last year.
Today we are taking the next step in this journey—well, it’s more like a leap, and a big one: in a few minutes, we’ll announce that we’ve agreed to acquire Careem. Importantly, we intend to operate Careem independently, under the leadership of co-founder and current CEO Mudassir Sheikha. I’ve gotten to know both co-founders, Mudassir and Magnus Olsson, and what they have built is truly extraordinary. They are first-class entrepreneurs who share our platform vision and, like us, have launched a wide range of products—from digital payments to food delivery—to serve consumers.
I expect many of you will ask how we arrived at this structure, meaning allowing Careem to maintain an independent brand and operate separately. After careful consideration, we decided that this framework has the advantage of letting us build new products and try new ideas across not one, but two, strong brands, with strong operators within each. Over time, by integrating parts of our networks, we can operate more efficiently, achieve even lower wait times, expand new products like high-capacity vehicles and payments, and quicken the already remarkable pace of innovation in the region.
This acquisition is subject to regulatory approval in various countries, which we don’t expect before Q1 2020. Until then, nothing changes. And since both companies will continue to largely operate separately after the acquisition, very little will change in either teams’ day-to-day operations post-close. Today’s news is a testament to the incredible business our team has worked so hard to build.
It’s a great day for the Middle East, for the region’s thriving tech sector, for Careem, and for Uber.
Uber on,
Dara
It
Director: Andres Muschietti
Starring: Bill Skarsgard, Jaeden Lieberher, Sophia Lillis, Chosen Jacobs, Jeremy Ray Taylor
Three stars
THE SPECS
Engine: 3.5-litre V6
Transmission: 9-speed automatc
Power: 279hp
Torque: 350Nm
Price: From Dh250,000
On sale: Now
More on animal trafficking
Famous left-handers
- Marie Curie
- Jimi Hendrix
- Leonardo Di Vinci
- David Bowie
- Paul McCartney
- Albert Einstein
- Jack the Ripper
- Barack Obama
- Helen Keller
- Joan of Arc
Five expert hiking tips
- Always check the weather forecast before setting off
- Make sure you have plenty of water
- Set off early to avoid sudden weather changes in the afternoon
- Wear appropriate clothing and footwear
- Take your litter home with you
The specs
Engine: 2.0-litre 4-cylturbo
Transmission: seven-speed DSG automatic
Power: 242bhp
Torque: 370Nm
Price: Dh136,814
Switching sides
Mahika Gaur is the latest Dubai-raised athlete to attain top honours with another country.
Velimir Stjepanovic (Serbia, swimming)
Born in Abu Dhabi and raised in Dubai, he finished sixth in the final of the 2012 Olympic Games in London in the 200m butterfly final.
Jonny Macdonald (Scotland, rugby union)
Brought up in Abu Dhabi and represented the region in international rugby. When the Arabian Gulf team was broken up into its constituent nations, he opted to play for Scotland instead, and went to the Hong Kong Sevens.
Sophie Shams (England, rugby union)
The daughter of an English mother and Emirati father, Shams excelled at rugby in Dubai, then after attending university in the UK played for England at sevens.
COMPANY PROFILE
Name: SmartCrowd
Started: 2018
Founder: Siddiq Farid and Musfique Ahmed
Based: Dubai
Sector: FinTech / PropTech
Initial investment: $650,000
Current number of staff: 35
Investment stage: Series A
Investors: Various institutional investors and notable angel investors (500 MENA, Shurooq, Mada, Seedstar, Tricap)
New schools in Dubai
TECH SPECS: APPLE WATCH SERIES 9
Display: 41mm – 352 x 430; 45mm – 396 x 484; always-on Retina LTPO OLED, 2000 nits max; Ion-X glass (aluminium cases), sapphire crystal (stainless steel cases)
Processor: Apple S9 64-bit, W3 wireless, 2nd-gen Ultra Wideband
Capacity: 64GB
Memory: 1GB
Platform: watchOS 10
Health metrics: Blood oxygen sensor, electrical heart sensor and ECG, 3rd-gen optical heart sensor, high and low heart rate notifications, irregular rhythm notifications, sleep stages, temperature sensing
Emergency services: Emergency SOS, international emergency calling, crash detection, fall detection
Connectivity: GPS/GPS + cellular; Wi-Fi, LTE, Bluetooth 5.3, NFC (Apple Pay)
Durability: IP6X, water resistant up to 50m, dust resistant
Battery: 308mAh Li-ion, up to 18h regular/36h low power; wireless charging
Cards: eSIM
Finishes: Aluminium – midnight, pink, Product Red, silver, starlight; stainless steel – gold, graphite, silver
In the box: Watch Series 9, woven magnetic-to-USB-C charging cable, band/loop
Price: Starts at Dh1,599 (41mm) / Dh1,719 (45mm)
More from Neighbourhood Watch:
Roll of honour 2019-2020
Dubai Rugby Sevens
Winners: Dubai Hurricanes
Runners up: Bahrain
West Asia Premiership
Winners: Bahrain
Runners up: UAE Premiership
UAE Premiership
Winners: Dubai Exiles
Runners up: Dubai Hurricanes
UAE Division One
Winners: Abu Dhabi Saracens
Runners up: Dubai Hurricanes II
UAE Division Two
Winners: Barrelhouse
Runners up: RAK Rugby
How to watch Ireland v Pakistan in UAE
When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.
The five pillars of Islam
A QUIET PLACE
Starring: Lupita Nyong'o, Joseph Quinn, Djimon Hounsou
Director: Michael Sarnoski
Rating: 4/5
Our legal consultants
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
Company Profile
Company name: Namara
Started: June 2022
Founder: Mohammed Alnamara
Based: Dubai
Sector: Microfinance
Current number of staff: 16
Investment stage: Series A
Investors: Family offices
UAE athletes heading to Paris 2024
Equestrian
Abdullah Humaid Al Muhairi, Abdullah Al Marri, Omar Al Marzooqi, Salem Al Suwaidi, and Ali Al Karbi (four to be selected).
Judo
Men: Narmandakh Bayanmunkh (66kg), Nugzari Tatalashvili (81kg), Aram Grigorian (90kg), Dzhafar Kostoev (100kg), Magomedomar Magomedomarov (+100kg); women's Khorloodoi Bishrelt (52kg).
Cycling
Safia Al Sayegh (women's road race).
Swimming
Men: Yousef Rashid Al Matroushi (100m freestyle); women: Maha Abdullah Al Shehi (200m freestyle).
Athletics
Maryam Mohammed Al Farsi (women's 100 metres).
More from Neighbourhood Watch:
Match info
Uefa Nations League A Group 4
England 2 (Lingard 78', Kane 85')
Croatia 1 (Kramaric 57')
Man of the match: Harry Kane (England)
Russia's Muslim Heartlands
Dominic Rubin, Oxford
Herc's Adventures
Developer: Big Ape Productions
Publisher: LucasArts
Console: PlayStation 1 & 5, Sega Saturn
Rating: 4/5