Skip to content

The International Arab Banking Summit Istanbul 2024

The International Arab Banking Summit “Istanbul 2024”

“Arab Turkish Economic and Banking Relationships”

 23rd24th of May, 2024   The Peninsula Hotel    Istanbul – Türkiye

General background

The relationship between the Arab world and Turkey has deep historical roots, spanning centuries of cultural, economic, and geopolitical interactions. Today, amidst a rapidly evolving global landscape, both regions stand poised to leverage their shared heritage and strategic positions to forge a robust economic and financial partnership.

Turkey, with its dynamic economy and strategic location at the crossroads of Europe, Asia, and the Middle East, has emerged as a key player in the global economy. Its diverse industrial base, skilled workforce, and ambitious infrastructure projects have positioned it as an attractive destination for investment, trade, and tourism. Similarly, the Arab world encompasses a vast and diverse region rich in resources, talent, and economic potential. From the oil-rich Gulf states to the rapidly growing economies of North Africa, the Arab world offers a myriad of opportunities for economic cooperation and collaboration. In recent decades, economic relations between Arab countries and Turkey have grown steadily, driven by factors such as shared cultural affinities, geographic proximity, and complementary economic structures, which flourished the trade and tourism between the two regions.

Summit objectives

  • Foster a comprehensive understanding of the current state, challenges, and opportunities in the Arab-Turkish economic and financial relationship.
  • Explore potential areas of collaboration and investment across various sectors, including trade, infrastructure, energy, technology, tourism, and finance.
  • Identify barriers and challenges hindering the expansion of economic ties and devise strategies to overcome them.
  • Facilitate networking and partnership-building between businesses, investors, and policymakers.
  • Discuss mechanisms to enhance economic integration and promote cross-border trade and investment flows.
  • Highlight the importance of sustainable development practices and social responsibility in fostering long-term economic cooperation.

Topics of discussion

  • The Arab-Turkish strategic economic cooperation.
  • Economic Challenges facing the region in light of international crises
  • Monetary policies & interest rates and their impact on economic growth.
  • Required structural reforms
  • Digital economy and financial technology.
  • Climate change & food security
  • Financing sustainable development goals.

IABS Speakers


UAB Sponsors for 2024 Activities