Turkey expects the Gulf States to initially inject direct investments of about ten billion dollars in local assets as part of President Recep Tayyip Erdogan's upcoming tour to the Arab region.
Turkey is seeking to build close foundations with the Arab Gulf countries after being suspended for years as a result of Ankara's deteriorating relations with the governments of the region, in the context of attempts to revitalize its economy, which has shown signs of distortion due to unconventional policies in the hope of resetting indicators.
Erdogan is due to visit Saudi Arabia, the United Arab Emirates, and Qatar to rally foreign funding that will boost his country's economy after his re-election in May.
Source (Al-Arab Newspaper of London, Edited)
