Qatar to invest $15 billion in Turkey

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Turkey has secured a $15 billion investment from Qatar that could bolster its economy amid a widening dispute with the United States.

The pledge was announced Wednesday after a meeting between Qatar’s Emir Tamim bin Hamad Al Thani and Turkish President Recep Tayyip Erdogan in Ankara. Qatari state media said the money would go toward economic projects, investments and deposits.

CNN reports that Qatar was among the handful of countries that analysts thought might lend Turkey a hand.

Erdogan spoke to Russian President Vladimir Putin on Friday, a conversation that included talk of deeper economic ties and mutually beneficial trade, according to Russian state media.


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