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Turkey Blog from Turkish Real Estate Agent Spot Blue

Turkey’s stock exchange gaining stability globally

Date: October 21, 2014 | Written By Richard

A sign of Turkey’s strengthening economy, the Istanbul Stock Exchange Market (Borsa Istanbul) is now ranked within the world’s top 20 most sustainable stock exchanges.  Based on companies’ environmental, social and corporate governance performance, the Sustainable Exchanges Index measures the sustainability of exchanges. The new rankings place the Borsa Istanbul in 11th place on the […]


Turkish Airlines sees rise in passengers, and gets digital!

Date: October 14, 2014 | Written By Richard

National carrier Turkish Airlines, the world’s fourth largest in terms of destinations, recorded a 14.3 per cent year-on-year hike in the number of passengers it has carried in 2014 to the end of September. According to recent figures, Turkish Airlines passenger numbers reached 41.4 million by the end of September this year, with a passenger […]


IMF predicts continued economic growth in Turkey

Date: October 6, 2014 | Written By Richard

Turkey’s economy has grown by six per cent on average since 2010 and is set to continue growing albeit at a moderate pace, according to a report by the International Monetary Fund. An IMF team visited Turkey between September 11 and 24 and carried out its annual evaluation of the economy. The resultant report noted […]


New air routes connecting Istanbul with the Gulf and Ukraine

Date: September 30, 2014 | Written By Richard

Turkey can look forward to another air link with the Gulf, following the launch on October 2 of a new service between Kuwait and Istanbul. The route will be operated by Gulf Air and run twice a week. Gulf Air already offers a service between Istanbul and Bahrain. “This affords our Kuwait-based passengers the opportunity […]


Turkey rated as a top place in the world to direct foreign investment

Date: September 23, 2014 | Written By Richard

Turkey ranks in the top 25 countries worldwide where international business executives are likely to direct foreign investment, according to a recent independent report. The 2014 Kearney Foreign Direct Investment Confidence Index lists Turkey as 24th,  and shows an increase in confidence in the country’s investment outlook compared to 2013. The report said that “Turkey’s […]


Turkish property market prepares to wow investors at Dubai expo

Date: September 17, 2014 | Written By Richard

The Turkish property market will be in the limelight next week, when the annual Cityscape Global property exhibition in Dubai takes place, with Turkey being the second most featured country after the host nation, the United Arab Emirates. Cityscape takes place on 21st-23rd September at Dubai’s grand World Trade Centre and will attract high net […]


Istanbul’s commercial property sector remains attractive in 2014

Date: September 16, 2014 | Written By Richard

Long-term economic growth prospects in Turkey have been described as ‘bright’ by international property consultancy Cushman Wakefield, which added that the Turkish economy is expected to accelerate in 2015 after a slower 2014. In a recent report on the first half of 2014, Cushman Wakefield also stated that the confidence and perception of the Turkish […]


The sky’s the limit for developing Istanbul and its impressive skyline

Date: September 12, 2014 | Written By Richard

Modern-day Istanbul is gaining a name for its growing skyscrapers, following the release of an independent index that ranks the city as the world’s 22nd most visually impactful skyline. The latest Skyline Ranking by research website Emporis also shows that Istanbul has Europe’s second most impressive skyline, after Moscow, which is ranked 11th overall. Top […]


Turkey’s air traffic reaches new heights in 2014

Date: September 9, 2014 | Written By Richard

2014 has seen Turkey’s popularity as a holiday destination boost, after figures from Turkey’s State Airports Management General Directorate (DHMI) showed that the number of passengers that passed through Turkey’s airports in August increased 11 percent year-on-year to reach a total of 19 million. For the first eight months of 2014, the number of passengers […]


Turkey in the world’s 50 most competitive markets, with rising exports

Date: September 4, 2014 | Written By Richard

Turkey is the 45th most competitive market out of the world’s 148 most important economies, according to the 2013-2014 Global Competitiveness Report by the World Economic Forum (WEF). Six European countries dominated the top 10 places of this year’s GCR, namely Switzerland in first place, as well as Finland, Germany, the Netherlands, the United Kingdom […]