Qatar to invest $15bn in Turkey amid lira currency crisis

Thursday, August 16, 2018 | Tag Cloud Tags: , , , , , , ,

(Worthy News) - Qatar has pledged to invest $15bn (£11.8bn) in Turkey as Ankara rolls out measures to strengthen the lira amid a trade spat with the US.

The move is seen as payback for Turkey's staunch support after Saudi Arabia, United Arab Emirates and Egypt blockaded Qatar last year.

Turkey, which set up a military base in Qatar in 2015, sent more troops as the crisis took hold. It also opened up an airlift to send food to Doha. [ Source: Sky News (Read More...) ]

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