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The 7th Edition of TAF 2012 Coincides with the Turkish-Arab Cooperation Meeting on the Ministers of Foreign Affairs Level, which Falls within the Framework of the Turkish-Arab Economic Forum, Attracting a High Level Participation of Arab Foreign Ministers.
The 7th edition of The Turkish-Arab Economic Forum (TAF 2012) is to take place on 29-30 June 2012, at the Four Seasons hotel in Istanbul. TAF 2012 will play an imperative role in line of the latest regional transformations, bringing forth Turkish and Arab views on the economic implications of the radical political transitions and means for further sustaining Turkish-Arab relations.
Dubbed as the “Turkish model”, Turkey’s democratic state and diversified economy has become a model for many Arab countries. Turkey became an inspiration to many evolving Arab governments & political parties, as it has managed to maintain its national identity and culture, while at the same time opening up to the world politically & economically.
The Investment Destination
When Al-Iktissad Wal-Aamal took the initiative and decided in 2005, to venture into Turkey, it certainly anticipated the positive outcomes of such a step, and yet the real outcome was beyond any expectation. Year after year this forum has had an astounding impact on Turkish-Arab relations and has duly become the anticipated event of the region.
TAF in 2005 played the crucial role of enhancing Turkish-Arab relations which were overdue for more than half a century. The last 50 years witnessed mutual estrangement and tension, until the tide began to shift and intentions for developing and improving relations manifested. Al-Iktissad Wal-Aamal Group having accurate insight took a ground-breaking step by organizing the first of its kind Turkish-Arab forum, attracting the highest level of Turkish and Arab participants onto one platform to debate most timely and relevant issues of the region.
Highlights
As an emerging country Turkey still stands to be under the radar for many investors, and yet statistics go to show that to the Arab region Turkey is a model country, while to other countries it represents a success story that didn’t just come to be, but rather its steady reform agenda and a steadfast diligence towards a stable economy coupled with the European Union perspective, that have caught the eye of Arab and other investors. According to the IMF (check below links) Turkey’s 2011 GDP is to hit USD 956.6 billion compared to US$800 Billion in 2010.
Turkey yet seems to hold somewhat of a low profile and currently trades at 13 times earnings compared to other emerging markets such as India which trades at 23 times and Indonesia at 20 times, and thus by attending TAF 2011, current investment opportunities in the Turkish economy are brought forward, bearing mind that investing in turkey means adding a powerful solidly valued country to your investment portfolio.
