2019-September-24

The news that Turkey's not about to slide into recession will be cause for celebration among investors. Steps taken by the Turkish government to shore up the economy against a decline have resulted in green shoots and a promising outlook for 2019. A new economic program on the cards will further pinpoint ways the country can improve.

2019-September-22

Turkey's bounce back from last summer's challenge was "impressive", says an expert from Fitch Ratings. "Turkey has shown a very impressive resilience, flexibility, and recovered and stabilised from the financial crisis of last summer."

2019-September-20

The surge of foreign buyers purchasing houses in Turkey has seen the furniture market flourish. According to sector specialists, this is mainly due to the program that is run in Turkey to gain Turkish Citizenship by investment in real estate.

2019-September-20

The Turkish Foreign Minister has released a statement confirming that Russians wanting to visit Turkey will no longer require a visa to enter the country. This is valid reciprocally for officials, holders of service passports and international drivers of transport. Turkish special passport holders are also included in these new measures introduced.

2019-September-17

Antalya, the resort city of Turkey has recorded an all-time high in the first seven months of this year, exceeding eight million foreign visitors for the first time ever. It appears that this trend is to continue and see the overall visitor numbers increase and end the year on a high.

2019-September-17

Data published by the Culture and Tourism Ministry recently confirmed that in the months from January to July this year Turkey welcomed just fewer than 25 million foreign visitors in total. This is a massive increase of 14.1% from the same time last year.

2019-September-15

When EBRD president Suma Charkrabarti visited Turkey, he made his feeling about the country's potential clear. Turkey's large market, unique location and economic diversity makes the country an ideal investment destination, he said, adding that his organisation believed in Turkey, which is why it was investing.

2019-September-09

A high speed transport link between Istanbul's new airport and the central city will cut journey times to just half an hour. The link is 80% complete, and when completed will add to Istanbul's appeal as an international hub and a destination for leisure travellers and businesspeople. 

2019-September-04

A no-deal Brexit could have far reaching impacts on Turkey, and many Turkish companies are unaware of this, says Tukish Trade Minister Ruhsar Pekcan. Despite the willingness of the UK and Turkey to work together, Turkey's commitment to the EU could prevent a free trade deal from being signed. 

2019-September-03

TURKSTAT (The Turkish Statistical Institute) announced that in the first six months of 2019, foreign purchases were up by a staggering 68.8%, which equates to 19,952 units selling in January to June, which was up by 8,136 units from the same period last year.

2019-September-03

Turkish Airlines have announced ownership of a new Boeing 787-9 Dreamliner plane. With the addition of the new plane, Turkish Airlines are in a position to prove they are ready to become a major force in the international aviation sector.

2019-August-28

After a rocky few years, Istanbul's cruise ship industry is back up and running, and better than ever. With the announcement of a new cruise ship port in Istanbul that will bring 1.5 million tourists to Turkey's largest city, it seems Turkey's tourism industry has turned around. Galataport will be on the Karakoy shore, on Istanbul's European side.

2019-August-23

The Kommersant, Russia’s Daily Newspaper recently reported that in the first six months of this year Russian nationals wanting to buy Turkish property has increased by 2.8 times when compared to the same time last year.

2019-August-22

Turkey's tourist profile has changed. A few years ago, it was British visitors flooding airport terminals. Now, while the Brits are still coming in steady numbers, especially to Antalya and Istanbul, there is an increasing number of tourists travelling from the Middle East and China, bolstering the economy and ensuring sustainable income for tour operators.

2019-August-15

Hundreds of thousands of golfers travel to 5-star resorts in Turkey to enjoy the sport at the highest of standards. Golf tourism professionals report that the revenue this brings to the country is worth a phenomenal 135 million euros per year.

2019-August-15

5.42 million tourists visited the largest city in Turkey, Istanbul in the first five months (January – May) 2019 which was an increase of 11% compared to the same time last year, and an all-time high in the past five years. Istanbul has made huge progress towards a goal of welcoming 15 million tourists this year.

2019-August-14

Turkey continues to enjoy excellent tourism trade with an increase in money being spent as well as visitor numbers. Over 18 million foreign visitors have flocked to Turkey in the first half of this year with revenue reaching 12.6 billion USD, according to data.

2019-August-12

Turkey and New Zealand's relationship was forged in war, and continued as allies. Now, Turkey's ambassador to New Zealand has praised the bond between the two countries, saying that the small trade volume between the two in no way reflects the strength of their relationship.

2019-August-11

The Karasu district in the province of Sakarya in Turkey was recently presented with two blue flags for beaches in the area. The blue flag relates to the cleanliness of the beach as well as the health of the sea. The metropolitan municipality mayor of Sakarya, Ekrem Yuce said that it is his aim to now obtain blue flag status for Koccali and Kaynarca beaches.

2019-August-11

The Grand Bazaar is a landmark in the Fatih district of Istanbul. Known as the world’s oldest bazaar, it has been under threat of closure due to the dwindling number of foreign tourist visitors in the past few years. However, there has been a noticeable increase in footfall and the bazaar has started to regain its previous glory.

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