2026-May-07

Istiklal Street, one of Istanbul’s most famous pedestrian avenues, attracted a record 107 million visitors in 2025, marking an 18.7% increase from 90 million visitors in 2024. The figures were included in a research report which analysed visitor traffic, retail activity and occupancy across Istiklal Street, Bagdat Street, and Nisantasi.

2026-May-02

Turkey is preparing new tax incentives aimed at strengthening its position in high-value global services sectors, according to Treasury and Finance Minister Mehmet Şimşek. The measures form part of a wider legislative package designed to increase foreign currency earnings and attract investment.

2026-May-01

Turkey’s tourism sector continues to show strong resilience, with annualised revenue reaching $65.6 billion USD in early 2026, emphasising its role as a key driver of economic stability. According to Mehmet Şimşek, the sector remains one of the country’s most important sources of foreign exchange.

2026-April-29

Turkey is set to implement a new regulation requiring real estate transactions to be completed through a secure and registered payment system. The regulation, published in the Official Gazette and prepared by the Ministry of Trade Turkey, will come into full effect on July 1, 2026.

2026-April-25

Turkey is preparing a major fiscal incentive package that could grant foreign residents a 20-year exemption from tax on overseas income and capital gains, in a move aimed at attracting global wealth and investment. The proposal, announced by President Recep Tayyip Erdoğan, is part of a broader strategy.

2026-April-15

Turkey has secured nearly $2 billion USD in financing from the World Bank for a major rail infrastructure project in Istanbul, marking one of the largest agreements in the institution’s history. The funding forms part of the Istanbul North Rail Crossing (INRAIL) project, a large-scale initiative designed to enhance trade connectivity between Europe and Asia.

2026-April-14

The Ministry of Treasury and Finance is working on legislation that would extend tax benefits currently limited to Istanbul Finance Center (IFC), across the wider economy. The draft proposal is expected to be presented to parliament in the coming weeks, as part of efforts to attract international companies.

2026-April-07

Turkey is aiming to increase the number of cruise ships arriving at its ports to 2,000 annually by 2028, as part of efforts to strengthen its position as a leading Mediterranean cruise destination. The country welcomed 1,375 cruise ships in 2025, with projections rising to 1,500 by 2026 and 1,750 in 2027.

2026-April-01

The Adnan Kahveci neighbourhood in Istanbul’s Beylikdüzü district has ranked as Turkey’s second most populated neighbourhood, with its resident count reaching 111,164. Data from the Address-Based Population Registration System shows that Adnan Kahveci remains the most densely populated neighbourhood in Istanbul.

2026-April-01

Turkey is emerging as a top alternative destination for Russian travellers after cancellations of holiday bookings to Gulf countries for March and April. According to the Russian Tour Operators Association, demand for travel to the Gulf region has dropped following recent geopolitical developments.

2026-March-13

Turkey’s economy grew by 3.6% in 2025, supported by domestic demand and a strong performance in the construction sector, according to data released from the Turkish Statistical Institute. On a quarter-on-quarter basis, the economy grew 0.4% in the final quarter of 2025 on a seasonally and calendar-adjusted basis.

2026-March-04

Turkey is planning to introduce a legal requirement for lawyer representation in certain high-value property transactions as part of the country’s proposed 12th Judicial Reform Package, Justice Minister Akın Gürlek has announced. The proposed measure would require buyers and sellers to be represented by a lawyer during the Title Deed process.

2026-March-02

Tourists visiting Turkey spent more than $2.28 billion USD on souvenirs in 2025, marking the highest level recorded since data tracking began in 2012. According to data from the Turkish Statistical Institute (TurkStat), souvenir spending rose from $2.15 billion USD in 2024, reflecting increased visitor numbers and overall travel expenditure.

2026-March-02

Turkey’s tourism sector continued its upward trajectory at the start of 2026, with foreign visitor arrivals rising by 3.48% year-on-year in January. According to data by the Ministry of Culture and Tourism, the country welcomed 2.25 million tourists during the month as strong momentum carried over from a record-breaking 2025.

2026-February-15

Antalya is preparing for a potential surge in visitors from China following Turkey’s recent decision to introduce visa-free travel for Chinese citizens. Turkey’s Mediterranean tourism capital welcomed a record 17.12 million foreign visitors last year, while arrivals from China exceeded 10,500.

2026-February-09

Turkey’s tourism sector delivered another record year in 2025, with total tourism income reaching $65.23 billion USD as visitor numbers rose above 63.9 million. Figures published by the Turkish Statistical Institute (TurkStat) show that tourism revenue increased 6.8% year-on-year.

2026-February-02

Turkey’s cruise tourism sector recorded its strongest performance in more than a decade in 2025, with passenger numbers surpassing levels last seen in the 2010s. Abdulkadir Uraloğlu, Minister of Transport and Infrastructure, confirmed that cruise passenger traffic reached nearly 2.14 million, a 13.2% year-on-year increase.

2026-February-01

Domestic travel in Turkey recorded a sharp increase in spending during the third quarter of 2025, highlighting the strength of internal tourism demand during the peak summer season. New figures by Turkish Statistical Institute (TurkStat) show that domestic tourism expenditures climbed by 34.8% year-on-year.

2026-January-14

Turkey’s national flag carrier, Turkish Airlines, has announced plans to build the world’s largest cargo terminal alongside a major in-flight catering facility. The project will be developed with an investment of $2.3 billion USD. Turkish Airlines said that the move is a strategic step in line with the country’s economic momentum.

2026-January-08

According to data released by the Culture and Tourism Ministry, foreign tourist arrivals in Turkey in the month of November increased by 2.61% year-on-year to reach 2.8 million people. This leaves Turkey all but certain to surpass its previous annual record of total foreign visitors.

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