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Category Archives: Turkey

Gulf nations getting a real taste for Turkey

Date: June 20, 2014 | Written By Richard

Turkey experienced a surge in visitors from the Gulf regions in the first four months of the year, according to the country’s Cultural and Tourism Office. In particular, the country recorded healthy rises in the number of visitors from GCC states Qatar, Bahrain and Kuwait, namely 46 per cent, 40 per cent and 28 per […]

Istanbul Ataturk on course to becoming Europe’s third busiest airport?

Date: May 6, 2014 | Written By Richard

Istanbul Ataturk is now ranked the world’s 18th busiest airport, after experiencing a 13.6 per cent year-on-year rise in the number of passengers that passed through during 2013. Statistics from the Airports Council International (ACI) also showed that Istanbul Ataturk is now the fifth busiest airport in Europe, carrying just under 51.2 million passengers in […]

Why Gulf investors hold the key to future growth in Istanbul

Date: April 25, 2014 | Written By Richard

Demand for luxury residences in upmarket districts of Istanbul continues to rise, fuelled by buyers from the Middle East who are also attracted by investment opportunities presented by developments in the city’s growing suburbs, said Turkish property agency Spot Blue International Property in April. In March 2014 alone, foreigners bought 478 properties in Istanbul, out […]

Holidaymakers and homeowners now have a faster way to get a Turkish visa

Date: April 23, 2014 | Written By Richard

Travelling to Turkey just got easier, thanks to the new e-visa system, which enables visitors to the country to obtain their visas on-line prior to touching down in Turkey, going live this month. The new e-visa, available at www.evisa.gov.tr since 11th April, is aimed at cutting the queues at airports and making travelling easier for […]

Istanbul crowned world’s best destination by global travellers

Date: April 17, 2014 | Written By Richard

Istanbul has been voted the best place to visit in the world in the sixth annual Travellers’ Choice awards for Destinations, organised by TripAdvisor, the world’s largest travel site. The largest city in Turkey, Istanbul is the country’s cultural capital and embraces both its European and Asian roots as the country bridges the two continents. […]

Why Istanbul’s Beylikduzu district is a hit with Turkish and foreign investors

Date: March 18, 2014 | Written By Richard

Demand for property in one of Istanbul’s most desirable districts, Beylikduzu, is expected to grow during 2014, as more investors discover what this exciting area on the city’s European side has to offer. Together with the nearby Atakoy Marina district, luxury new developments in Beylikduzu are attracting an increasing number of upper-middle class Turks, as […]

Turkey’s currency “undervalued” and could strengthen in 2014, says international bank

Date: November 29, 2013 | Written By Richard

Turkey’s currency is undervalued and in line to strengthen in 2014 when the country’s economy will continue to outperform the rest of Europe, said a leading international finance house in Istanbul in November. Societe Generale (SocGen) told Bloomberg this month that investors should buy the lira against the euro as Turkey offers some of the […]

New air routes connect Istanbul with North American and North African continents

Date: November 26, 2013 | Written By Richard

Turkey’s aim to become one of the best connected countries by air globally continues to take shape, with the announcement and launch this month of new routes to Canada and Algeria. Turkish Airlines will begin operating out of Canada’s Montréal-Trudeau airport in June 2014. A Star Alliance member, Turkey’s national carrier will offer three regular […]

World Bank President labels Turkey an “inspiration” and opens Islamic finance hub in Istanbul

Date: November 22, 2013 | Written By Richard

Turkey has taken a step closer to becoming an important player on the global economic stage, following the opening of the Global Center for Islamic Finance in Istanbul on 30th October by World Bank Group President Jim Yong Kim. Jim Yong Kim was accompanied by Turkish Deputy Prime Minister Ali Babacan at the opening, which […]

New railway tunnel promises to make Istanbul an East-West trading hub

Date: October 29, 2013 | Written By Richard

A new railway tunnel linking the European and Asian sides of Istanbul opened on 29th October, with hopes it will make Istanbul a convenient trading route between Western Europe and South-east Asia, including China, in essence a modern-day Silk Road. The 1.4-kilometre tunnel, which runs under the Bosphorus Strait and is designed to withstand earthquakes, […]

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