By Gulsen Solaker ANKARA (Reuters) - Turkey's new Prime Minister, Ahmet Davutoglu, will announce his cabinet on Friday, a day after Tayyip Erdogan was sworn in as president, with the new government not expected to signal any major changes in policy direction. The current economic team, including Deputy Prime Minister Ali Babacan and Finance Minister Mehmet Simsek, is expected to remain largely intact. EU minister Mevlut Cavusoglu is seen as leading contender for foreign minister. Erdogan aide Yalcin Akdogan was also expected to take up a position in cabinet, possibly as a deputy prime minister.