2020-April-05

The company behind Turkey’s supermarket chain, Migros, have confirmed their need to hire an additional 1,000 new members of staff to deal with the increased demand being put on them and to meet the online orders that have increased due to the outbreak of coronavirus in Turkey.

2020-April-02

Even in the face of adversity, the automotive industry in Turkey is on target with regards to its growth expectations. Although coronavirus has meant that all vehicle production is halted, Turkey expects more sales when production can start again in July.

2020-April-02

Due to COVID-19 Coronavirus, the Istanbul Modern Museum has been forced to temporarily close in an effort to help contain the pandemic. Due to this, the Istanbul Modern museum is welcoming art enthusiasts to visit their website and digital platforms where their exhibitions and collections can be viewed virtually.

2020-March-29

Like most other countries, Turkey is battling the covid-19 pandemic that has swept around the world. However, top banking officials believe the country will be cushioned from the worst of the economic impacts that are expected to send the world into a recession. Turkey is introducing strict measures for its populace to control the spread of the virus.  

2020-March-23

Recep Tayyip Erdogan, the President of Turkey confirmed that he and American President Donald Trump have agreed to keep their disputes to one side and forge ahead with their trade target of 100 billion USD between Turkey and the USA.

2020-March-22

In a show of nightly solidarity, people in Istanbul cheer and bang pots and pans each evening to show their appreciation for health workers. The Turkish government, like most around the world, has rolled out stricter measures to curb the spread of coronavirus, including closing public places and shutting down flights.

2020-March-16

The Coronavirus pandemic is upending economies and the tourism industry. But when it comes to property in Turkey, Cameron Deggin follows a maxim. "When there's blood on the streets: buy property." For overseas investors confined to internet shopping, there are ways and means to get your hand on a bargain, Deggin explains.

2020-March-12

In January, foreign visitors choosing to visit Turkey increased on a yearly basis by 16.1% with hotel occupancy rates increasing by 6.4% to reach 61.9% when compared to January 2019. Ministry data confirms that in January 2020, Turkey recorded their highest number of foreign visitors ever for January at approximately 1.8 million people.

2020-March-11

Munir Karaloglu, the governor of the southern city of Antalya in Turkey has confirmed recently that talks are ongoing between the capital city of Ankara and the capital city of Moscow to allow Russian tourists to use their own Rubles currency when visiting Turkey for vacations.

2020-March-11

Turkey’s transport minister confirmed that 2019 saw record increases in passenger and freight transportation on Turkey’s rail network. Cahit Turhan said that the huge success of the railway network is due to the investments that have been made to this mode of transport since 1950. Last year 8.3 million passengers travelled via high speed trains which equated to a 2% increase year on year.

2020-March-06

Following on from legislative amendments first put into place two years ago regarding Turkish Citizenship by Investment, new data released shows that there have been over 5,000 successful foreign investors who have been granted citizenship.

2020-March-07

Due to increasing demand from Latin American tourists, particularly those from Mexico, Turkish Airlines has made the decision to increase flights to these areas of the world. Additional flights were announced from Istanbul to two cities in Mexico as of August last year.

2020-March-07

Turkey has recently announced that they intend to provide 90-day visa-free entry to tourists from five more European Union countries. This has come after Turkey removed visa restrictions and costs for citizens from the United Kingdom and other countries from within the European Union as part of an initiative to boost tourism.

2020-February-28

The Ministry of Turkey’s Energy and Natural Resources has recently announced that it is anticipated by 2030 there will be over one million electric cars using Turkish roads. Fatih Donmez said: “By 2022/2023, we hope to see our own indigenous automobile on the roads.”

2020-February-28

Facebook have recently announced the opening of a new office in the city of Bursa, Turkey. Facebook is also set to open many other offices in various other Turkish cities with the sole aim of helping the younger generation.

2020-February-28

In a bid to keep up with the new Istanbul Airport who recently opened a private area where passengers can rest between flights, Sabiha Gokcen Airport has announced that they will be offering a new form of sleeping pods for passengers to sleep during long connections at the airport.

2020-February-26

Turkish Airlines have announced that they have increased direct flights from the city of Istanbul to the historical Silk Road city of Xi’an. They now fly four times a week to the province in China, which is also the home of the famous Terracotta Army. The first flights began on December 30.

2020-February-23

Turkey's domestic real estate market has slowed down in the last couple of years as interest rates remained high. But this is set to change, and when it does, Turkish buyers will be back with a vengeance, sidelining foreign investors. The time to invest in Turkish property is now, says Property Turkey director Cameron Deggin.

2020-February-19

The President of the Turkish Gold Miners Association, Hasan Yucel, announced recently that gold production in Turkey is expected to beat the record set last year by the end of this year. In 2019, gold production peaked at 38 tonnes in Turkey, however Yucel estimates that gold production will be around 45 tonnes by the end of 2020.

2020-February-16

Erdogan's ambitious Canal Istanbul project was always a controversial one. Now, there is fresh opposition from Istanbul's newly elected mayor, Ekrem Imamoglu. The mayor has vowed to oppose the project any way he can, saying that the costly project will not have the benefits Turkey's president claim it will.

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