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Category Archives: Istanbul

Istanbul’s New Banking Centre Project May Be Worth $2.6 Billion

If it goes ahead then Istanbul's new finance centre could one day become a hub capable of rivaling any other Middle Eastern banking hub. The project is predicted to cost $2.6 billion, making it the largest non-transportation project ever undertaken in the country. It's just one of a number of...

Posted on 09 November 2012

Istanbul Construction Boom Shows Growing Prowess of the City

The city of Istanbul is booming, as construction sites are springing up all over the place. One such project is the Zorlu Centre, a $2.5 billion site that includes luxury boutiques and a Raffles Hotel. Almost half of the 1.5 million Dollar-a-piece apartments have already been snapped up by wealthy...

Posted on 02 November 2012

Turkish Airlines Increase Arabian Flights

Another week another new Turkey flight to widen the country's already impressive accessibility to tourists and property buyers from around the world. This week we have new flights from Pegasus Airlines from Istanbul. One is a thrice-weekly route between Istanbul and Lviv in Ukraine, and the other is a 4-times...

Posted on 25 October 2012

Istanbul Planners Press Ahead with 2020 Olympics Bid

Planners in Istanbul are already pressing ahead with preparations for the 2020 Olympics, as the city is currently one of the final three choices for these games. This has prompted numerous questions into where the venues could be located, and how Istanbul's infrastructure will need overhauling to cope with the...

Posted on 30 August 2012

Turkish Airlines Launches New Edinburgh-Istanbul Flight

More good news for anyone who owns or plans to own property in Istanbul, especially if they come from Edinburgh as Turkish Airlines have launched a new route between the two great cities, flying 4 times weekly from the Istanbul Ataturk hub to Edinburgh international airport. According to Anna Aero's...

Posted on 27 July 2012

Istanbul Named Candidate City for 2020 Olympics

The IOC's decision to make Istanbul a candidate city to host the Olympic Games 2020, has been hailed as a historic one for Turkey by representatives of its campaign. The IOC decided on Wednesday to eliminate Doha and Baku leaving Istanbul in the race along with Tokyo and Madrid. Istanbul...

Posted on 25 May 2012

Istanbul is a City Undergoing Transformation

Beyoglu is one of Istanbul's oldest districts and is a romantic glimpse into the past of this ancient city. However Istanbul is changing fast in order to deal with the economic expansion of the country, and although some people may be worried it's losing its identity, it is becoming a...

Posted on 15 March 2012

Urban Renewal Programme Under Starter’s Orders

Turkey is about to embark on a $100 billion urban renewal programme, which will reinforce or demolish buildings susceptible to earthquakes. It's due to begin in Istanbul in either April or May, and the transformation will encompass four major districts within the province. The bill for the project was recently...

Posted on 10 March 2012

Turkey to become regional centre for Vodafone

Istanbul, 21 February 2012 – At a recent launch ceremony Vodafone Turkey’s Chief Technology Officer, Jorge Fernandes, has said that Vodafone is to make Turkey its regional HQ for its Middle East and North Africa operations. At the opening ceremony of Vodafone’s new network operation centre in Istanbul, Fernandes said...

Posted on 21 February 2012

A Week of Tourism Events and Controversy

This week was a week of big tourism events in Turkey, events which brought a new realisation on tourism income growth in Turkey. The Turkey Tourism Summit in the Istanbul Convention and Exhibition Centre ICEC made the headlines for a rather controversial reason. Hurriyet headline: "Minister blames statistics body for...

Posted on 10 February 2012