Turkey’s finance chief heralds $50.7 billion deals with UAE as Erdogan tours Gulf nations

ISTANBUL (AP) — Turkish Finance Minister Mehmet Simsek says Turkey and the United Arab Emirates have signed deals worth $50.7 billion, as President Recep Tayyip Erdogan rounds off a three-country tour of the Gulf. Simsek said the various agreements would cement ties between Turkey and the United Arab Emirates. Erdogan began a tour of Saudi Arabia, Qatar and the UAE on Tuesday, seeking trade and investment opportunities for Turkey’s floundering economy.