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FRANK26: "WHY WOULD YOU SIGN A MOU... BECAUSE YOU'RE WAITING FOR SOMETHING BETTER.".....F26
Turkiye Wealth Fund, Iraq Development Fund sign MoU
By John Lee.
A Memorandum of Understanding (MoU) has been signed between the Turkiye Wealth Fund and the Iraq Development Fund, marking what TWI describes as a significant step toward deepening economic cooperation between the two countries at the sovereign wealth fund level.
The agreement aims to foster innovation-driven investments across priority sectors including energy, ICT, infrastructure, logistics, automotive, agriculture, and fintech. It also provides a framework for collaboration in knowledge sharing, technology transfer, and efficient resource management.
The Türkiye Wealth Fund reaffirmed its commitment to strategic equity investments that support Türkiye's economic goals, while seeking impactful partnerships on both regional and global fronts.
(Source: Turkiye Wealth Fund)