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Saudi deal for Turkish drones during Erdogan visit

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A Turkish firm will provide drones to Saudi Arabia, Riyadh said Tuesday following a visit by Turkey’s President Recep Tayyip Erdogan that aims to attract foreign investment.

Several contracts including the drone deal were signed during a meeting between Erdogan and Saudi Crown Prince Mohammed bin Salman in the Red Sea port of Jeddah on Monday, the official Saudi Press Agency (SPA) said.

But with ties on the mend, Erdogan visited Saudi Arabia in April 2022, and Prince Mohammed travelled to Turkey in June last year.

Erdogan’s current Gulf trip comes as Turkey battles a currency collapse and soaring inflation that has battered its economy.

In March, Saudi Arabia deposited $5 billion in Turkey’s central bank.

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