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Turkey's finance chief Simsek embarks on third Gulf trip

The Turkish finance minister's new Gulf tour marks his third trip to the region as Ankara ramps its efforts to attract foreign funds.
ADEM ALTAN/AFP via Getty Images

ANKARA — Turkey’s Finance Minister Mehmet Simsek announced Tuesday that he had kicked off his new Gulf tour in the United Arab Emirates as Ankara scrambles to lure foreign funds to ease its foreign currency crunch.

In Abu Dhabi, the first leg of the tour, Simsek held a “productive” meeting with UAE Investment Minister Mohammed Hassan Al Suwaidi, the Turkish finance chief wrote on social media. 

Simsek then traveled to Doha, where he met with his Qatari counterpart Ali Bin Ahmad Al-Kuwari. On the second leg of his trip, Simsek also touted investment opportunities to more than 200 international investors and businessmen at a forum.

The Turkish finance minister also held a separate face-to-face meeting with Moutaz Al Khayyat, chairman of Power International Holding, on the sidelines of his visit, according to the Turkish Embassy in Doha. 

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