2019-August-07

Turkey's lira took a beating last year. Losing 50 percent of its value against the dollar meant inflation took a hit, soaring sky high. Since May, however, the lira has climbed slowly back up, and Turkish bonds garnered healthy returns. While we're not yet in the clear, the green shoots are encouraging news for investors. 

2019-August-01

A rare bee that stowed away in a British tourist's suitcase and built colourful petal sacks in their conservatory has sparked an international outcry after British officials ordered its destruction. The osmia avosetta was discovered in 2009 on a remote Turkish mountain. British officials fear it could threaten native bees, which are in decline.

2019-July-26

Ruhsar Pekcan, Trade Minister for Turkey and Jim Carr, the Canadian Trade Minister met in Japan at the beginning of June at the G20 Ministerial Meeting on Trade and Digital Economy. It was here where the two ministers signed the joint Economic and Trade Commissions MoU. This joint understanding aims to strengthen current trade ties.

2019-July-26

Turkey and the United Kingdom already enjoy strong ties and are looking to strengthen their bilateral ties further to ensure that their relationship is not affected by Brexit, regardless of whether there is a deal or no deal. Trade ministers from both countries attended a meeting in the Turkish capital of Ankara.

2019-July-23

Turkey will wrap up 2019 with some good news from the tourism sector: experts are predicting a 10 percent rise in the number of tourists visiting Turkey. Turkey's largest city, Istanbul, and the southern Mediterranean city of Antalya are the preferred destinations, each welcoming record numbers of visitors.

2019-July-21

Turkey’s property market continues to rise with real estate sales to foreigners in May being the highest ever. As a result, the market has enjoyed the highest foreign sale figures month-on-month since the beginning of the year with June continuing to impress.

2019-July-20

In the first five months of this year, the number of foreign visitors arriving to Turkey showed a huge increase of 11.3% year-on-year according to statistics from the Ministry of Culture and Tourism. In total, almost 12.8 million foreigners visited Turkey from January to May this year in comparison with 11.5 million recorded for the same time last year.

2019-July-20

Welcoming over 25 million passengers last year, Antalya Airport reported the highest increase in all European airports. Ilgaz Arnaz, the Operations and Security director at Fraport TAV Antalya Airport confirmed that: “Antalya saw the highest increase in the number of passengers with a 21.1% rise in 2018."

2019-July-09

From January to May this year, the Ege Port located in Kusadasi, in the Aegean province of Aydin played host to forty cruise ships in total. Due to this, Ege Port is currently ranked as the number one port in Turkey with regards to the number of passengers and number of ships entering and exiting the country.

2019-July-07

It's official: if you're an expat, Turkey is one of the best places to live on the planet. An HSBC survey has placed Turkey at seventh place, up from its 22nd place ranking last year. The country has made a huge effort in the past few years to make itself foreigner-friendly, easing regulations around visas, property buying and living.

2019-July-02

Ekrem Imamoglu is the man of the moment. After sweeping to victory in Istanbul's mayoral re-run elections, the city and wider Turkey are poised for change. But what will the reality look like? Should President Recep Erdogan be worried? We separate the fact from the fiction and examine Imamoglu's stance on Istanbul and beyond.

2019-July-02

Ankara recently held a ceremony to mark the first journey taken by the Tourist-only Eastern Express Train in Turkey. The new tourist train has been launched to not only promote railway tourism, but to also help with the huge demand that the current Eastern Express is struggling to meet.

2019-June-25

The Spanish Barcelo Hotel Group, one of the biggest hotel chains worldwide have recently announced their plans to invest more than 100 million Euros over the next five years in Turkey, in plans which will give them a 20-hotel stronghold in the Turkish tourism sector.

2019-June-25

Antalya in Turkey welcomed visitors from 174 countries, which equates to 1.7 million tourists in the month of May according to new data. In the first five months of the year, the number of foreign tourists was up to 19% to 3.1 million in total.

2019-June-23

When Istanbul went to the polls today to vote for a mayor they voted directly against the Turkish president. City dwellers stayed home to cast their votes, a rerun of the mayoralty vote held in March that was declared illegal by President Recep Tayyip Erdogan. The vote represents the coming of change for Istanbul and Turkey.

2019-June-17

Last year Turkey welcomed almost 400,000 visitors from China. Flights from Turkish and Chinese cities have been steadily increasing thanks to the ongoing promotion between the two countries, and the real target for Turkey is to welcome over half a million Chinese tourists in 2019.

2019-June-17

The new Istanbul Airport is not only the largest transportation project in Turkey, it is also in the running to be a global aviation hub, having begun fully serving passengers from all areas of the world starting from April.

2019-June-13

The nine-day Ramadan holiday helped boost the Turkish economy, with domestic and international tourists spending an impressive US$2bn. Tour operators and businesses connected to the tourism industry were happy with the increased spend, which surpassed previous years, thanks to the extension of the holiday from three days to nine.

2019-June-12

Turkish Airlines have announced that they have extended their free tours of the city, now offering tours in the evenings around the Bosporus for those staying between 6 and 24 hours in transit through Istanbul Airport. Abdullah Yormaz, Tour Marketing Manager of Turkish Airlines, made the announcement.

2019-June-11

The property market in Turkey has experienced its best ever first quarter sales to foreigners, and the best April ever for housing sales in general according to new data. TurkStat (Turkish Statistical Institute) confirmed that foreigners purchased 3,720 houses in April.

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