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The Turkish Real Estate Industry is Great Says Trump

“The [Turkish] real estate industry is great.” Those aren't my words, but the words of one of the world's most successful (by a lot of measures not least wealth) businessmen Donald Trump. When asked if he foresaw any ballooning in the Turkish real estate market Trump answered: “I think the...

Posted on 27 April 2012

Turkish Government Passes New Law Allowing More Construction

The Turkish government recently passed a new law which will allow a parcel of land known as 2B to be used for construction. This land was formerly classified as a forest and covers 4.1 million acres and is in areas where agricultural and construction activity was previously banned by the...

Posted on 26 April 2012

Turkish Unemployment Still Falling Says Turkstat

Turkish unemployment fell to 10.2 percent of the workforce in the three months to February, from 11.9 percent in the same period of 2011, official data showed on today. The number of people unemployed fell by 380,000 people to 2.664 million on a 12-month comparison, the statistics institute said on...

Posted on 20 April 2012

Edinburgh Airport Sold, New Flights to Turkey’n All

Edinburgh airport has made the industry headlines this week because it has been bought by an as yet unknown consortium. However, that is not the only news relevant to us, as the report also reveals several new Turkish flights to and from the airport, which have just been added. According...

Posted on 19 April 2012

New Turkish business incentives attracts US companies to Turkey

New York, 18 April 2012 - Currently on a visit to the US to introduce the new Turkish investment scheme, Zafer Caglayan, Turkey’s Minister of Economy, said “Turkey’s new incentive system impressed the US businessmen. We expect to see a boost in foreign investments this year”. According to Caglayan the...

Posted on 18 April 2012

Asian side Istanbul attracts property investors

Istanbul, 17th April 2012 - Istanbul’s new international financial centre at Atasehir on the Asian side of Istanbul is attracting international investor especially from the Middle East and the Gulf. The Istanbul Finance Center is a massive project covering 2.5 million square metres of land and includes offices, hotel, conference...

Posted on 18 April 2012

Number of property buyers in Turkey set to increase

Istanbul, 16 April 2012 - With Turkish property sales to foreigners set to reach 2.5 billion USD Turkey intends to reach even more foreign buyers through a series of roadshows. Turkey is currently changing the law of reciprocity to allow citizens of all countries to buy property in Turkey. The...

Posted on 18 April 2012

Turkey to hold Middle East tourism expo

Ankara, 13 April 2012 - Hoping to double the number of Arab tourists visiting Turkey to 4 million Turkey will host the Middle East Tourism Exhibition in Ankara in May. At least 300 tourism professionals from at least 30 countries are expected attend the event including various specialist sectors as...

Posted on 18 April 2012

Turkey and China sign investment agreements worth billions

Istanbul, 12 April 2012 - During the recent official visit to China by Turkey’s Prime Minister to attend Turkish-Chinese Economic and Trade Cooperation Forum held in Beijing, PM Recep Tayyip Erdogan invited Chinese companies to invest in Turkey saying, “Chinese investors should take advantage of the recently unveiled incentives regime....

Posted on 18 April 2012

More US companies invest in Turkey

Istanbul, 11th April 2012 - According to Rizanur Meral, President of the Turkish Confederation of Businessmen and Industrialists, more US companies have been setting up businesses in Turkey over the last 4 years. According to Meral “Some 400 US companies have established a presence in Turkey since 2007, taking the...

Posted on 13 April 2012