TOBB is establishing a Turkish-Arab Chamber by signing an agreement with the Union of Arab Chambers. The agreement will be signed in Istanbul on November 24th, 2016.​

President of the Arab Chamber of the Union Senator Nael Al Kabariti, Egyptian Chamber of Commerce President Ahmed Al Wakeel and other representatives attended the evening dinner hosted by Vice President of the Union of Chambers and Commodity Exchanges of Turkey and Istanbul Commodity Exchange President Ali Kopuz on November 23th, 2016.

In the management of the Turkish-Arab Chamber, there will be 22 member countries’ Chamber Associations representing the Arab Chamber of Union. Likewise, TOBB will also appoint a 22-member Board of Directors.

The officials of the two organizations meeting at the evening dinner before the signing ceremony evaluated the contribution of the new formation to the economies of the two countries.

President of the Arab Chamber of the Union Senator Nael Al Kabariti, Egyptian Chamber of Commerce President Ahmed Al Wakeel and other representatives attended the evening dinner hosted by Vice President of the Union of Chambers and Commodity Exchanges of Turkey and Istanbul Commodity Exchange President Ali Kopuz.

The Union of Arab Chambes, established in 1951, is an organization known for its active work. It is headquartered in Beirut. It’s members are rich Gulf countries such as Saudi Arabia, Qatar, Bahrain, United Arab Emirates, Kuwait and Oman as well as the Chamber Unions of Central and North African countries such as Egypt, Libya, Tunisia, Algeria, Morocco, Somalia and Sudan.

The geographical spread of the Union of Arab Chambers, the umbrella organization of private sector of Arab countries, represents a population of 378 million and an economic size of approximately 2.7 trillion USD.