Qatar King Sheikh Tamim bin Hamad Al Thani has pledged to make direct investment in Turkey and announced a 15-billion US dollar investment into the country’s financial markets and banks. The announcement came after holding talks with Turkish President Recep Tayyip Erdogan in Ankara.
Turkey is currently grappling with a currency crisis and heightened tensions with the United States, its NATO ally. Sheikh Tamim is the first foreign head of state to visit Ankara since the stand-off with Washington.
Source- AIR World Service
Static/Current Takeaways Important for Indian Bank PO Exam 2018-
- Turkey Capital- Ankara, Currency- Turkish lira, President- Recep Tayyip Erdogan.
- Qatar Capital- Doha, Currency- Qatari riyal.