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Category Archives: Industry Sectors

Dalaman Airport Gearing Up for a Busy Summer 2018

Expectations are high for the Turkish tourism industry in 2018, and one key player that will be cashing in on the glory is Dalaman Airport on the Mediterranean coast of Turkey. At the end of April, the airline hub will unveil its new 250 million Euro domestic terminal. Construction for...

Posted on 11 February 2018

Istanbul New Third Airport Promises to Minimize its Environmental Impact

In the current day and age, when most countries are actively taking part in minimising climate change, many people would question the construction of Istanbul’s New Third Airport and what impact it will have on the environment. They would also be within their rights to question it because when complete,...

Posted on 06 January 2018

Turk Telekom Reports a Successful 2017

A statement by CEO Paul Doany of Turk Telekom, the country’s leading telecommunications company, has revealed the company has exceeded their expectations for 2017 and are looking forward to continuing their growth in 2018. From January to September of 2017, Turk Telekom achieved double-digit growth resulting in a net profit...

Posted on 08 December 2017

What is Turkey’s Turquoise Card System?

Turkey’s Turquoise Card is a point-based application system aimed at attracting highly skilled foreigners and high-level investors to Turkey with the right to work and live in the country indefinitely. Many have said it is Turkey’s equivalent to the USA green card system. Called Turkuaz Kart in Turkish, it was...

Posted on 21 November 2017

The Ambitious Kanal Istanbul Project

President of Turkey, Recep Tayyip Erdogan recently announced that by late 2017 or early 2018, they will commence with the most ambitious part of the Kanal Istanbul project, an artificial sea-level waterway, that will change the face of the city. Up until now, attention has focused on the choice of...

Posted on 12 October 2017

Turkey’s Power Alternatives in the Energy Market

Demand for gas, oil and electricity in Turkey have continued to increase over the last few years as the country experiences a growing population, a robust economy and increased market production. However, the desire for cheaper, alternative energy, such as wind, solar and biogas, has become a top priority as...

Posted on 22 August 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

More cranes break Turkey’s horizon as its construction sector keeps growing

Turkey’s appetite for building new homes is showing no signs of slowing down, according to recent figures by the Turkish Statistical Institute (TURKSTAT), which show the construction sector grew its turnover by 4.5 per cent in the last quarter of 2015 compared to the previous quarter. Year-on-year, this growth rises...

Posted on 28 April 2016

Foreign investment up as Turkish economy outshines much of Europe

Foreigners invested $2billion in Turkish property in the first half of 2014, a period that saw a 28 per cent hike in overall foreign direct investment (FDI) in Turkey compared to 2013. FDI in Turkey between January and June was worth $6.8billion, according to data released by the Central Bank...

Posted on 29 August 2014

Istanbul’s profile as an international business hub goes up a notch

Istanbul’s appeal to international firms as a place to meet and do business is going from strength to strength, according to new research that ranks it the eighth most popular city in the world to hold a congress. New rankings based on the number of events held in 2013, compiled...

Posted on 30 May 2014