Dubai, United Arab Emirates (CNN) — Saudi Crown Prince Mohammed bin Salman held official talks with Turkish President Recep Tayyip Erdogan on Monday at the Royal Court in the Peace Palace in Jeddah.

The Saudi Press Agency (SPA) said: “Aspects of bilateral relations between the two countries, opportunities for joint cooperation and opportunities for its development in various fields were reviewed, and developments in the regional and international situation and efforts made towards it were discussed.”

Prince Mohammed bin Salman and Erdogan witnessed the signing of several bilateral agreements between the two countries in the fields of direct investment, defense industries, energy, defense and communications.

It is noteworthy that the Turkish president said earlier on Monday that the purpose of his Gulf tour, which includes Saudi Arabia, Qatar and the United Arab Emirates, is to focus on increasing mutual investments and improving trade exchanges with those countries.

Speaking about the purpose of the visit, Erdogan said in a press conference broadcast by the Turkish (Anatolia) news agency, “The visit has two goals: the investment file, and the financial file or the financial file, and our hopes are high, investment in those countries and here in Turkey will be the subject of discussion.”

Erdogan pointed out that “crises in the Islamic world necessitate close consultation and cooperation between Turkey and the Gulf countries.”

“The file on investments in defense industries and infrastructure will be discussed, and Turkey will have big investments in these three countries,” he stressed. Countries have gone from 1.6 billion to about 22 billion dollars in the last 20 years.”And we will discuss increasing that number,” (Anatolia) says.

The Turkish president added, “We will discuss with Saudi Arabia investments and others, it is an important country, in this context, Turkish contractors have completed projects worth $ 25 billion in Saudi Arabia in recent years, and we believe that Turkish companies will play a greater role in Saudi projects.” He further spoke about Saudi Arabia, where earthquake-affected Turks were given extra quota to perform Hajj.

After Jeddah, Erdoğan said, “His visit to Qatar will be our strategic partner and we will discuss regional issues for consultation, while the last stop will be the United Arab Emirates, and our relationship continues to grow in all fields, and we will discuss. It has been one of our largest trading partners in recent years. However, with the increase in trade rates.”