FINANCE - Qatari group to invest at least $500 mln in Turkish tourism industry

A semi-governmental Qatari group is going to build multiple hotels to attract conservative Muslim vacationers in Turkey with a total investment of at least $500 million, the Anatolia news agency reported on Thursday. (source)

FINANCE - Qatari firm to invest in Islamic hotels

Qatari group Retaj is planning an investment of $500 million in Turkey in a bid to develop hotels and residences run along an Islamic model in two big cities.

“Turkey has become the 16th largest economy in the world and sixth largest economy in Europe, and this made us want to invest in Turkey,” Retaj Board of Directors member Bin Johar al-Mohammed told Anatolia news agency in a recent interview.  (source)