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Category Archives: Istanbul

Istanbul Ranks as Top Global Tourist Spot

Istanbul has scored big once again in Mastercard’s Index of Global Destination Cities, securing itself the 6th spot among 132 cities ranked in terms of international visitor arrivals and spending. The survey predicted that Istanbul would welcome 10.4 million international visitors this year, putting it in front of Dubai, Hong...

Posted on 06 June 2013

Agency upgrade boosts Turkey’s investment appeal, aiding its vision to be a top 10 economy

Turkey has edged closer to achieving its target of becoming one of the world’s top 10 economies by 2023, after it was awarded investment grade rating this month by Moody’s, significantly its second upgrade by one of the world’s three main credit rating agencies within the space of six months. ...

Posted on 23 May 2013

Istanbul Start-Ups Starting to Hot Up

New data from the Istanbul chamber of commerce shows an impressive 18% growth in the first four months of this year. According to the report some 18,185 newly-established companies registered with the Istanbul Chamber of Commerce (ITO)   during the period. Meanwhile business shut-downs were also down by 13.41 percent over...

Posted on 07 May 2013

Turkish Air Travel Industry Flying Ahead

If you are looking for proof that Turkey is becoming a dominant force in international air-travel, tourism and therefore property investment then you really want to look at the latest news from  Anna.Aero. The website has reported several pieces of positive news for the Turkish travel industry. Crowned route of...

Posted on 05 April 2013

Istanbul Playing to its Strengths in Olympic Bid Slogan

Bridge Together. That is Istanbul's slogan for its 2020 Olympic bid.  According to experts the slogan is aimed at highlighting the city's unique geographic location straddling Europe and Asia.  Youth and Sports Minister Suat Kılıç revealed the slogan yesterday, which was day-two of a four-day assessment of Istanbul's bid by the International...

Posted on 27 March 2013

Incredible Growth in Turkish Air Traffic Continues

Turkey is currently one of the strongest and most stable economies in the world. The property market is also performing well with strong and stable growth coming out in all the indices. So more than ever before property investors are sitting up and paying attention to Turkey. Low property prices,...

Posted on 28 February 2013

Istanbul’s Ancient City Walls May Be Restored as Tourist Draw

Istanbul's ancient city walls were first built by Constantine the great, and were originally 26 km long, but today just 7 km remain. In the past these walls haven't been adequately maintained, and now need protection quite urgently. It's thought if they were properly restored they could prove to be...

Posted on 14 February 2013

Turkey Announces Plans to Build Biggest Airport in the World

Turkey has recently announced its intention to build the best airport in the world in Istanbul. Once the €7 billion project is completed it will have an estimated capacity for 150 million passengers, and the project is worth around €7 billion. The tender for the project closes at the beginning...

Posted on 31 January 2013

Turkish Airlines Expanding Global Mega Hub in Ataturk

According to a new (and very interesting) report from aviation-industry analysis website Anna.Aero, Turkish airlines is successfully turning Istanbul into a global mega [travel] hub, as part of President and CEO, Dr Temel Kotil's aim of making it the largest airline on earth. The report goes on to explain the...

Posted on 13 December 2012

Istanbul’s New Airport to Be Built on Old Coal Mines

It was recently announced during a parliamentary session on next year's budget that Istanbul's new airport, which will be the city's third, will be built in northern Istanbul. According to the transport minister, Binali Yildrm, it is to be constructed on top of old coal mines that will be filled...

Posted on 23 November 2012