Business and Industry

Turkey’s tourism season ended on a high after results revealed a 23% increase in visitors’ year-on-year for the first three quarters. With October marking the last month of the official tourism time period starting in May, confident government officials say they will break yearly figures proving the travel industry of Turkey has rebounded in style. … Continued

In an announcement on their website, Bupa confirmed they set to acquire Acibadem Sigorta, Turkey’s second largest health insurer. Although the acquisition is still awaiting regulatory approval, the CEO of Bupa International said… “We’re delighted to announce Bupa’s agreement to acquire Acıbadem Sigorta. Its impressive growth, first-class management team and customer focus make it an … Continued

Recep Tayyip Erdoğan’s landmark victory at the polls in Turkey last month not only secured him his second five-year presidency but also delivered the foundations for a more stable economy in the country, a condition that should go some way towards reassuring international investors, said Spot Blue International Property in July. “While things have settled … Continued

A recent press release by the General Directorate of State Airports Authority shows Turkey’s air traffic statistics for January to March of 2018 increased 21.5% year on year. During these months, 43 million people used airports in Turkey as their preferred method of travel. However, optimism is high that these figures will rise even more … Continued

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 Dalaman airport first started in … Continued

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, Istanbul New Third Airport will … Continued

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 unveiled in the Official Gazette … Continued

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. The Four Points by Sheraton … Continued

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 routes that will have the … Continued

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 the industrial sector seeks to … Continued

Many of Istanbul’s burgeoning residential districts are on the verge of becoming more accessible places to live, after a landmark new rail link connecting the European and Asian sides of the city neared completion when it carried its first passengers as part of a test run in August. The Marmaray Project, described as one of … Continued