August 15, 2018 / 3:28 PM / 9 months ago

Qatar's Emir pledges $15 billion direct investment in Turkey - Erdogan's office

Turkish President Tayyip Erdogan meets with Emir of Qatar Sheikh Tamim bin Hamad al-Thani in Ankara, Turkey August 15, 2018. Kayhan Ozer/Presidential Palace/Handout via REUTERS

ANKARA (Reuters) - Qatar will make $15 billion (£11.8 billion) of direct investments into Turkey, Qatar’s Emir Tamim bin Hamad Al Thani told President Tayyip Erdogan during talks in Ankara, the Turkish presidency said on Wednesday.

The lira firmed to 5.8699 from 6.04 to the dollar after the news, but later eased back to 5.9916 at 1515 GMT.

Reporting by Ece Toksabay; Writing by Tuvan Gumrukcu; Editing by Dominic Evans

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