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Category Archives: Industry Sectors

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 of...

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 by...

Posted on 30 May 2014

More flights between Turkey and the Gulf, including low-cost service to Kuwait

Increased flights between Turkey and countries in the Middle East should help maintain a high level of interest from Arab investors in Turkish real estate opportunities in 2014.This month sees Turkish low-cost carrier Pegasus commence a new four-times-a-week service between Kuwait City and Istanbul. Pegasus passengers will be able to...

Posted on 14 March 2014

Turkey’s quality medical sector attracting increasing numbers of health tourists

A new report ranks Turkey among the top 10 healthcare destinations globally, thanks to the country making high quality treatment and facilities available to foreigners at reasonable prices.The 2014 Global Life Sciences Outlook published by international tax firm Deloitte says Turkey now attracts hundreds of thousands of healthcare seekers a...

Posted on 04 February 2014

Turkey talks shop – demand for shopping space there now one of Europe’s highest

Highlighting Turkey’s growing middle class and its appetite for a consumer lifestyle, the country completed the second largest amount of new shopping space anywhere in Europe during the first half of 2013. The number one spot was taken by Russia. A report by international property consultancy Cushman Wakefield also showed that...

Posted on 19 November 2013