Saudi Arabia warns Saudis against investing in Turkey

The Head of the Department of Commerce Chamber in Riyadh, Ajlan al-Ajlan, warned Saudis against investing in Turkey because of "investment and security risks", stressing that what the Saudis are exposed to in Turkey as investors and tourists will lose confidence in Turkish investment and tourism for many years to come.

The head of the Department of the Commerce Chamber in Riyadh, Ajlan al-Ajlan, Sunday, in a series of tweets on his account in the "Twitter" The Saudi investors in Turkey are threatened with significant losses after tightening them and disrupt their interests and pressure them to extortion in some cases by influential and supported there, and we in Riyadh Chamber warns against investing in Turkey because of the investment and security risks at the moment.

investors in Turkey who are facing problems and issues that threaten their investments, while the concerned parties are ignoring their duty to protect investors, in addition to the deteriorating situation of the Turkish economy these days due to low currency prices and increased inflation," he added.

The Head of Riyadh Chamber said: "It is unfortunate that the Saudi tourist suffers in Turkey from the increasing security harassment and fraud cases, as is currently happening with the Saudis owners of real estate there, where they reached the point to prevent them from entering their homes and not give them certificate of title, without real movement from the competent authorities there. "

The Head of the Chamber of Commerce in Riyadh, Ajlan al-Ajlan, confirmed that "What the Saudis are exposed to in Turkey as investors and tourists will lose confidence in Turkish investment and tourism for many years to come, today, the investor and the Saudi tourist are welcome in many sisterly and friendly countries. We have received many foreign delegations who have visited the Riyadh Chamber and we have seen how keen they are to attract the Saudis."

(T/S)

ANHA 


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