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Turkey: Investment inflow to emerging countries to pick up in 2011

Date: 09/07/2010 Turkey: Investment inflow to emerging countries to pick up in 2011 According to an Institute of International Finance (IIF) forecast, foreign direct investment (FDI) inflow to emerging countries in Europe is expected to increase by more than 40 percent in 2010. The research estimates that emerging countries, including...

Posted on 14 February 2011

New York Times: Who needs the other one more – Europe or Turkey?

Date: 07/07/2010 New York Times: Who needs the other one more - Europe or Turkey? Turkey’s economic performance in the first quarter leaves the EU clearly behind in terms of growth, and in the light of Turkey’s astonishing economic transformation, one should ask the question, “Who needs the other one...

Posted on 14 February 2011

Turkey – USD 500 million World Bank loan secured for Turkish SMEs

Date: 07/07/2010 Turkey - USD 500 million World Bank loan secured for Turkish SMEs The World Bank has allocated a total of USD 500 million to the Second Access to Finance for Small and Medium Enterprises (SMEs) project for Turkey. Approved by the World Bank Board of Executive Directors, the...

Posted on 14 February 2011

Turkey – First quarter data show Turkish economy in strong rebound

Date: 02/07/2010 Turkey - First quarter data show Turkish economy in strong rebound Figures from the first quarter of 2010 reveal Turkey’s rapid recovery from the global economic crisis, as the country ranks second in growth among G20 members. While the growth rate of 11.7 percent falls slightly short of...

Posted on 14 February 2011

Financial Times: Realty investors turn to Turkey

Date: 29/06/2010 Financial Times: Realty investors turn to Turkey The Turkish real estate market is once again under the spotlight of property investors from all over the globe. In a report issued by the British daily Financial Times (FT) Turkey’s lucrative real estate sector is said to attract British investors...

Posted on 14 February 2011

Turkey – Real estate – improved transparency

Date: 28/06/2010 Turkey - Real estate - improved transparency Within the framework of the European Union accession process, Turkey has been working hard to align its legal and regulatory systems with more developed countries. Turkey tops the table of the most improved country in real estate transparency for 2010, according...

Posted on 14 February 2011

Turkey – Global markets view Turkey as investment grade

Date: 25/06/2010 Turkey - Global markets view Turkey as investment grade Credit rating agencies insist on viewing Turkey as an economy below investment grade, but the markets do not seem to bother. Credit default swaps insuring Turkish bonds against default for five years cost 1.84 percentage points, while contracts for...

Posted on 14 February 2011

Turkey – Antalya becoming a building hub of luxury yachts

Date: 24/06/2010 Turkey - Antalya becoming a building hub of luxury yachts Antalya, the popular holiday destination on the Mediterranean coast of Turkey, is on its way to becoming a center of yacht-building industry, as the number of boats exported from the province is steadily increasing. Seven luxurious yachts built...

Posted on 14 February 2011

Turkey – Foreign investor fervour for Turkey resumes

Date: 23/06/2010 Turkey - Foreign investor fervour for Turkey resumes Turkey is once again the favourite country for foreign investors. According to the Investment Support and Promotion Agency of Turkey (ISPAT), the number of companies interested in investing in Turkey is on the rise. The National Bank of Kuwait (NBK),...

Posted on 14 February 2011

Turkey – “Turkey has enormous potential in renewable energy”

Date: 18/06/2010 Turkey - “Turkey has enormous potential in renewable energy” The International Renewable Energy Agency’s (IRENA) Director General Helene Pelosse said Turkey’s renewable energy potential is “enormous”, and described the country as “blessed with renewable energy sources.” Speaking to the press after the 9th World Wind Energy Conference (WWEC)...

Posted on 14 February 2011