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Turkey urges bosses to invest in Saudi Arabia

Posted on 04 March 2013

Turkish Economy Minister has formed a number of new trade and investment ties with Islamic world and Saudi Arabia while enhancing the old ones during his visit to oil-rich country. He urged both parties’ business people to benefit from each other’s opportunities by boosting investments.
Turkish Economy Minister Zafer Çağlyan signed a memorandum of understanding (MoU) with the members of the Islamic Development Bank (IDB) on March 2 during a recent visit to Saudi Arabia, in a move to build more economic bridges in the Islamic world by boosting trade and investment among the parties. Çağlayan called for Turkish contractors to take a share from Saudi Arabian infrastructure investments in order to reach $1 trillion in 20 years………………………………………..Full Article: Source

 
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