Category Archives: Industry Sectors

Hilton to Open 15 New Hotels in Turkey

In one of the biggest testaments to the potential for growth in Turkish tourism to date; Hilton Hotels has announced that it will open 15 new hotels in Turkey. Hilton already has 9 hotels in Turkey, having been the first international hotel chain to invest in Turkey over 55 years...

Posted on 15 January 2010

A Look Back at Turkey’s Economic News Week

This has been a big week for the Turkish economy, and to a certain extent, for the property market as well. Firstly the Central Bank kept the key interest rates unchanged for the first time since October 2008; with the overnight borrowing rate at 6.5% for the overnight rate, and...

Posted on 18 December 2009

Turkish Textile Industry Receives Record Orders – Clear Sign of Global Recovery

Turkey's textile industry has received record orders, in one of the clearest signs yet that the global economic recovery is underway. Yes, you are forgiven for thinking, what? And yes, you are right, record orders in the Turkish textile industry is the kind of headline you can easily skip right...

Posted on 17 December 2009