Can Istanbul rival Dubai? Turkey looks to woo investors as Iran war reshapes region

Can Istanbul rival Dubai? Turkey looks to woo investors as Iran war reshapes region Submitted by Ragip Soylu on Thu, 04/09/2026 - 13:30 Turkish officials are offering incentives to Gulf firms unsettled by war, but many obstacles remain The financial and business district of Maslak in Istanbul, on 15 August 2018 (Ozan Kose/AFP) Off With the war on Iran exposing global centres of capital in the Gulf to risk, the Turkish government is looking for ways to lure investors and firms based in the United Arab Emirates to Turkey . A senior Turkish official recently told international investors that Ankara plans to extend tax incentives and other support to multinational companies, similar to those already offered at the Istanbul Financial Centre (IFC), according to sources who spoke to Middle East Eye.