Sheikh Tamim goes on a shopping spree in Turkey, acquiring 10% of the Turkish Stock Exchange, and other assets

Qatar on Thursday acquired 10% of the Istanbul Boursa - the Turkish stock exchange, where major Turkish companies are listed. It also acquired shares in a number of Turkish infrastructure and business interests, including Istanbul's Istinye Park, a luxury shopping mall, the Made in Istanbul Golden Horn Project. and the Middle East Antalya Port Operators.

Memorandums of Understanding about the transfer of shares were signed on Thursday (26 November) during the visit of the Emir of Qatar, Sheikh Tamim bin Hamad al Thani to Ankara to participate in the 6th meeting of the Qatar-Turkey High Strategic Council. Sheikh Tamim was received on Thursday morning at the presidential palace in Ankara with an official welcome ceremony, after which he had talks with Turkish president, Recip Tayip Erdogan.

Erdogan later  described the meeting s as "very productive".  "We will continue our solidarity with the brotherly people of Qatar, with whom we have deep-rooted ties of affection, in every field," Erdogan said on Twitter.

In a tweet, the Qatari emir said he had a "productive meeting" with Erdoğan.

"During the meetings, Turkey and Qatar reaffirmed that the two sides are determined and willing to enhance the strong brotherhood ties and strategic partnership ties in various fields" .

source: commonspace.eu with agencies

photo: The Emir of Qatar and the President of Turkey at their meeting in Ankara on 26 November 2020 (picture courtesy of the press service of the president of Turkey)

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