Property Turkey News
2023-October-30
September record logged as Turkey’s exports hit $22.67 billionTurkey's trade sector has been enjoying remarkable growth in recent months, with the country's exports reaching new heights, as per the preliminary figures announced by Trade Minister Ömer Bolat on Wednesday. The impressive growth of Turkey's exports is driven by its diversified economy.
Read More2023-October-24
2.5 million hosted in Türkiye's Muğla between January and AugustMuğla, a captivating province located in the south-western region of Turkey, is a natural wonderland that attracts millions of tourists annually. The region is blessed with an abundance of natural beauty, stunning beaches, and ancient cities that showcase Turkey's rich history and cultural heritage.
Read More2023-October-24
Logistics centre opened in Turkey by e-commerce giant AmazonAmazon, the world-renowned e-commerce giant, has made its grand entry into the Turkish market with the official opening of its first logistics centre located in the Tuzla region, on the Asian side of Istanbul. The centre, which began operating in September 2023, has been established with a whopping investment of over $100 million (TL 2.75 billion).
Read More2023-October-13
Extended tourism season anticipated across TurkeyThe tourism sector in Turkey is currently basking in the glow of a prosperous summer season, with an extension expected in the months to come. Foreign visitors have been flocking to the Mediterranean resorts, and Istanbul, in particular, has seen a surge in popularity.
Read More2023-October-12
FedEx Europe to set up Cargo facility at Istanbul AirportIn November 2024, FedEx Europe, will be opening a brand-new transit hub at Istanbul Airport. This decision was made after a thorough evaluation of several factors, such as the airport's state-of-the-art infrastructure, advanced connectivity, cutting-edge technological advancements, and strategic location between Europe and Asia.
Read More2023-October-12
Arrivals hit 30 million as tourism in Turkey continues to boomTurkey, a nation that boasts awe-inspiring landscapes, a rich history, and a vibrant culture, has become an increasingly popular tourist destination in recent years. The latest official data shows that the country has seen a significant increase in foreign visitors during the first seven months of 2023.
Read More2023-October-05
Turkish Airlines to purchase 10 new Airbus A350 jetsIn a recent announcement, Turkish Airlines has revealed its plan to expand its fleet of widebody planes by acquiring 10 additional Airbus A350-900 aircraft. This strategic move will effectively double the company's existing fleet of widebody planes.
Read More2023-October-05
10-year high as influx drives foreign arrivals in IstanbulNewly released official data shows that Istanbul, Turkey's largest city, experienced a remarkable surge in foreign tourist arrivals during July, reaching the highest influx in a decade. The city welcomed approximately 1.87 million visitors, a 6% increase from the same period last year, surpassing the previous record of almost 1.76 million recorded in July 2022.
Read More2023-October-05
20% increase in passengers for Turkish Airlines over 8 month periodAccording to recent reports, Turkish Airlines, the official national flag carrier of Turkey, has experienced a remarkable 20% increase in passenger numbers for the first eight months of 2023. During this period, the company served a total of 56 million passengers, a significant improvement from the 46.7 million passengers served during the same period last year.
Read More2023-September-18
Alibaba to invest $2 billion in TurkeyAlibaba Group Holding Ltd. has announced plans to invest a further $2 billion USD in Turkey, following a recent meeting between the Chinese giant and Turkish President Recep Tayyip Erdogan. Michael Evans, the head of the Chinese company made the announcement on Friday evening.
Read More2023-September-08
Influx of tourists to Trabzon, the Black Sea gemTrabzon, an important city located in the eastern Black Sea region of Turkey, is witnessing a surge in tourism. The city has become a preferred destination for travellers looking to escape the hustle and bustle of their busy city lives and the scorching summer heat.
Read More2023-September-08
Bolu experiencing hottest summer of the centuryBolu in Turkey, a renowned tourist destination famous for its breathtaking natural landscapes and tranquil getaways, is currently experiencing the harsh repercussions of an unprecedentedly scorching summer as per the latest meteorological reports.
Read More2023-September-08
China tags Turkey as safe for tourism and travelIt has been reported that Beijing has lifted the ban on outbound group tours to a number of destinations, which includes Turkey, the United States, and Japan. This could potentially lead to a significant increase in the number of Chinese tourists who will be travelling to various countries across the globe.
Read More2023-September-06
Turkiye to continue free transport scheme for elderlyMahinur Ozdemir Goktas, the Minister of Family and Social Services, has recently addressed concerns regarding the alleged implementation of transportation fees for individuals over the age of 65. Goktas has stated that there is no intention to impose any charges on public transport for senior citizens.
Read More2023-September-06
21 million flock to see Turkey’s Hagia Sophia Grand MosqueThe Hagia Sophia Grand Mosque, a magnificent architectural wonder located in Istanbul, Turkey, has garnered immense popularity among tourists worldwide, with visitors from Arab countries, Central Asia, and the Far East flocking to see this iconic landmark.
Read More2023-September-06
Prolonged tourism season for Antalya following strong bookingsThe vibrant resort town of Antalya, nestled in the picturesque Mediterranean region of Turkey, has experienced a highly successful start to the month of August. Local hotels have been experiencing a significant surge in bookings, with occupancy rates skyrocketing to over 90% in the southern part of the city.
Read More2023-August-21
Antalya enjoys a summer influx of touristsThe Mediterranean gem of Antalya in Turkey saw a significant increase in the number of tourists arriving by air in the first half of this year. Over 5.52 million tourists visited the southern resort city from January to June, which is a 29% increase compared to the previous year, according to data from the Provincial Directorate of Culture and Tourism.
Read More2023-August-21
Restoration of Istanbul's Haydarpasa train station almost completeDuring a recent inspection of the ongoing work, Transportation and Infrastructure Minister Abdulkadir Uraloglu announced that the meticulous restoration work at Haydarpasa train station, aimed at preserving its historical charm, is set to be completed by 2024.
Read More2023-August-18
Turkish yacht industry experiencing fresh phase of growthTurkey is currently experiencing a fresh phase of economic growth, bolstered by its strong manufacturing sector and impressive production capabilities. This progress is notably reflected in the realm of tourism and the yachting industry.
Read More2023-August-16
Trade Minister Bolat: ‘UAE could invest up to $30 billion in Turkiye’Turkish Trade Minister Omer Bolat made a significant announcement indicating that the United Arab Emirates (UAE) could invest as much as $30 billion in various sectors in Turkey. These sectors include infrastructure, logistics, food, and hospital management. The cooperation between Turkey and the Gulf is part of Ankara's growing efforts to attract foreign funding.
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