Turkish President Recep Tayyip Erdogan said on Monday that recent Qatari investments are an indication of confidence in his country's economy.
This came in response to opposition criticism of the Qatar Investment Authority's acquisition of 10% of the Istanbul Stock Exchange.
Erdogan added - in a televised address following the weekly cabinet meeting on Monday - that the opposition in his country has no right to object to investments made by the Qatar Investment Authority in the Istanbul Stock Exchange.
He pointed out that the Qatar Investment Authority is an international institution with investments of more than $ 400 billion in more than 40 countries around the world, including Germany, Britain and the United States.
He explained that the Qatar Investment Authority owns 10.3% of the London Stock Exchange.
The Turkish President also indicated that Qatar is not the only country that invests directly in Turkey, pointing out that Qatar ranks 17th among countries investing in Turkey, led by the Netherlands, the United States, the United Kingdom and other countries.