President Erdoğan ends Gulf tour with United Arab Emirates visit, secures $50.7B investment
President Recep Tayyip Erdoğan on July 19 ended his 3-nation Gulf tour with his last visit to the United Arab Emirates securing a $50.7B investment. He has previously visited Saudi Arabia and Qatar to find investments and funds as an alternative to the country's chronic economic problems.
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President Recep Tayyip Erdoğan visited Saudi Arabia on June 17 as he toured wealthy Gulf Arab nations for investment and funds, hoping to revive Turkey's economy which has struggled with a weakened lira, heavy deficits and chronic inflation.
The president is accompanied by his Cabinet members and other top Turkish officials.
Photos: Saudi Press Agency/Handout via REUTERS