2021-November-22

According to the Culture and Tourism Minister, Mehmet Nuri Ersoy, Turkey aims to attract 50 million tourists and increase tourism revenue to $50 billion by 2023. As part of his visit to Qatar, Ersoy stated there are major tourism projects in Turkey's Aegean region that will benefit the national economy for the next 50 years.

2021-November-18

The Turkish Statistical Institute (TurkStat) recently announced that in the third quarter of this year, tourism income in Turkey has risen by a massive 181.8% following a significant decrease in 2021 due to the COVID-19 pandemic. The country has earned approximately $11.4 billion in the three months from July – September.

2021-November-18

The metropolis of Istanbul has played host to an impressive 5.8 million tourists in the first 9 months of 2021. This is higher than total numbers achieved in 2020, when the travel and tourism industry was struck a major blow from the Coronavirus pandemic that swept across the entire world.

2021-November-17

The future promises to be an interesting one: millions of job lost, while millions more created - including millions of jobs that currently don't exist. To prepare for this brave new world, private and public enterprises are rolling out initiatives aimed at upskilling Turkey's youth, to ensure the country's economy continues to flourish.

2021-November-10

Bill Gates has taken an extended holiday in Turkey this year, cruising the Aegean and Mediterranean coastlines before stopping in Bodrum. His travels have given rise to speculation - not for the first time - that the Microsoft founder and billionaire is intending to invest in Bodrum land.

2021-November-08

Russians have long visited Turkey. So it's no surprise that when restrictions lifted, they came flooding back to the country. Russian visitors have filled hotels as well as Turkey's coffers, contributing millions to the economy. Visitors looking for breaks have extended the high season well past its traditional September decline.

2021-November-01

An ambulance for pets is working around the clock in Bodrum to ensure the peninsula's stray animals are cared for. The team attends incidents where cats and dogs have been injured and treats them at the scene. They also vaccinate strays and make sure they are fed and watered.

2021-October-30

Turkish exporters surpassed the $20 billion mark for the first time monthly in September, according to a statement made by the country's trade minister. Last month's exports increased by 30% to $20.8 billion in total, according to Mehmet Mus, who spoke at a meeting in Ankara to announce preliminary figures in Turkey.

2021-October-30

According to a new statement released by Fitch Ratings recently, the Global Economic Outlook for last month in Turkey was forecast to stand at 9.2%. This latest figure is a big positive for Turkey as their previous figures in August saw the growth forecast rise from 6.3% to 7.9%.

2021-October-30

Successful Turkish delivery service company, Getir, have recently announced that they are launching and expanding in a further two international cities, those cities being Madrid and Barcelona in Spain. Getir explained that these new launches have been made possible by acquiring BLOK, a rapid delivery service company in Spain.

2021-October-29

The resort city in Turkey’s Aegean, Kusadasi, is expected to record its greatest number of cruise ships docking in its port next year, after having been majorly disrupted by COVID-19. Kusadasi is one of the main tourist attractions situated within the western Turkish province of Aydin.

2021-October-29

The sea taxi is due to launch once again in Istanbul after a 9-year hiatus, according to the company that originally operated the sea taxis. Even though the Bosphorus waterway and regions along the shore are split into the Black Sea and the Marmara Sea, transportation by sea in Istanbul has been limited to passenger ferries.

2021-October-29

Otokar, the company that currently produces and manufactures the passenger buses for the IBB (Istanbul Metropolitan Municipality) have announced that they will now be producing the metrobuses in the city. Otokar received a letter of invitation after they had submitted the best tender bid to acquire 100 metrobuses in Istanbul.

2021-October-26

A popular but "unethical" practice among real estate companies has prompted a tightening of regulations, putting the brakes on the flood of investors seeking citizenship by investment. It's one of many measures President Recep Tayyip Erdogan is taking to try and cool a housing market suffering from high inflation.

2021-October-19

"Turkey’s property market is booming and has shown no signs of slowing down during the COVID-19 situation," says analyst Klaus Jurgens, who has crunched the numbers to look into whether investing in property in Turkey is still in favour with investors. The Turkish economy expanded by a whopping 21.7% in the second quarter.

2021-October-18

Mevlut Cavusoglu, the Turkish foreign minister recently announced plans for Turkey to work alongside Serbia to allow citizens from both countries to enjoy passport-free travel. Cavusoglu made the announcement after he attended a news conference with Nikola Selakovic in the Serbian capital of Belgrade.

2021-October-10

Istanbul is set to become one of the world's largest financial centres -- with the help of a Istanbul Financial Centre in Atasehir, which is set to push the city into the stratosphere. With $30 trillion of markets within a short distance, opportunities abound for the city located on the crossroads of Asia and Europe.

2021-September-28

Turkish tourism has been given a much-needed boost with an influx of British tourists. Turkey has been removed from the UK's "red" list, which required holidaymakers to quarantine on their return from holiday. One-and-a-half-thousand tourists touched down in Mugla last week, as barriers to travel were removed and holidays sought.

2021-September-22

With the relaxing of rules around returning travellers, Turkey is expecting a flurry of bookings from Brits who have missed out on their summer holidays this year. Major holiday booking sites experienced a spike after the announcement, with Jet2.com reporting a 250% increase in the number of people searching for overseas holidays.

2021-September-19

The Turkish Statistical Institute (TURKSTAT) recently confirmed that there has been a huge increase in the number of internet users in Turkey, as well as a boost to the number of households that have internet access. In terms of internet users, figures show that there has been an increase from 79% last year to 82.6% this year.

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