Turkey's prime minister has returned home from the World Economic Forum in Davos to a warm welcome after he stormed out of a debate over Israel's war on the Gaza Strip.

More than 5,000 people, many waving Palestinian and Turkish flags, greeted Recep Tayyip Erdogan after his aeroplane touched down early on Friday.

During the heated panel discussion in the Swiss town, Peres told Erdogan that Turkey would have acted in the same manner as Israel if rockets had been falling on Istanbul.