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Turkey's Erdogan caps economy-driven Gulf tour in UAE

20 July 2023
34975
2023-07-20 10:21

Turkey's President RecepTayyip Erdogan ended a Gulf trip aimed at securing investments by signing agreements worth more than $50 billion in the United Arab Emirates, Emirati state media said Wednesday.

His tour, which also included stops in Qatar and Saudi Arabia, saw Erdogan preside over the signing of lucrative deals to boost the ailing Turkish economy. Turkey is battling a currency collapse and soaring inflation that have battered its economy. With relations improving, Erdogan visited the UAE last year to bolster political and economic ties.

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