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Category Archives: Business News

Turkish Airlines Has Big Plans for 2018

In a statement released to the official news agency of Turkey, Turkish Airlines, the country’s national carrier has announced ambitious plans to transport 100 million passengers every year, be one of the top five cargo companies by 2023 and create 7000 jobs by 2018. They are looking to the opening...

Posted on 25 November 2017

Turkey’s New Tourism Strategy

After boosting their travel and tourism industries to record-breaking levels, Turkey took a knock after a series of events over the last two years kept visitors away. A disagreement with Russia severely affected the Antalya region, which has for many years, heavily relied on Russian holidaymakers. Likewise, Europeans concerned about...

Posted on 23 November 2017

Turkish Airlines Add Another Istanbul Itinerary to Free Layover Tours

A recent announcement by Turkish Airlines unveiled their latest solution for international business travellers on a layover through Istanbul. Anyone flying on a business class ticket who has a layover time of seven hours or more can book a free private Bosphorus cruise, acting as the perfect, organised introduction to...

Posted on 22 October 2017

Marriott Hotels Have Big Plans to Expand in Turkey

Turkish newspapers are reporting a recent announcement by Marriott international hotels to expand their operation in Turkey over the next three years. The announcement was made by the Vice president of Marriott operations during a recent meeting to discuss the success of the Four Points by Sheraton Hotel in Izmir....

Posted on 20 October 2017

Turkey’s President Meets with Key USA Companies and Investors

During the recent 72nd United Nations meeting in New York, Turkey’s president Recep Tayyip Erdogan met with key representatives of more than 70 top level USA and global companies. Companies like Boeing, Blackstone, Pepsi and Coca-cola were just a few of the names from various industry sectors including food, energy,...

Posted on 07 October 2017

Air Travel in Turkey Continues to Rise in Popularity

The last twenty years have seen many changes in Turkish society and travel businesses were one of the sectors massively affected when the government embarked on a campaign to modernise methods and infrastructure. Efforts are definitely paying off, as the latest travel stats revealed by the General Directorate of State...

Posted on 08 September 2017

Turkey Set to Confirm Potential Energy Project with Israel

Turkey’s energy minister Berat Albayrak has confirmed that he will visit Israel before the end of 2017 to finalise an ambitious gas line project from Israel to Turkey. The announcement was made at the 22nd World Petroleum Congress in Istanbul that ran from the 9th to the 13th of July....

Posted on 13 July 2017

Gulf States continue to drive Turkish market, while UK confirms long-term trade commitment

July’s failed coup appears to have done little to dampen long-term foreign interest in Turkey, after representatives from the Turkish Chambers of Commerce in the UK (TBCCI) expressed their on-going confidence in Turkey, while interest from Gulf nations continues to drive the Turkish property market. Chairman of TBCCI, Emma Edhem,...

Posted on 02 September 2016

Turkey improves conditions for foreign investment in 2016

Turkey is set to become more appealing to foreign investors in coming months, thanks to reforms announced by the Government that are designed to improve the country’s investment environment. At the same time, new figures from Deloitte Turkey reveal that foreign investors are driving Turkey’s mergers and acquisitions (M&A) market....

Posted on 12 January 2016

AKP’s election victory seen as positive for Turkish property market

The result of Turkey’s November 1 election saw the country’s Justice and Development Party (AKP) win back its majority in the Turkish Government and as a result inject confidence into the country’s markets and currency. Instability and uncertainty had prevailed in Turkey after the inconclusive election in June, which saw...

Posted on 02 November 2015