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Category Archives: News

Spot Blue’s reputation leads to mention in leading lifestyle magazine in Asia

Spot Blue features in a recent edition of the Asian edition of Tatler magazine, in a feature that names Istanbul as one of the world’s top five investment hot spots for property. In the article, Spot Blue director Julian Walker is quoted as saying that growth in Istanbul’s property market...

Posted on 02 October 2013

Spending power on the Turkish high street fuelling growth in shopping malls

A sign of Turkey’s burgeoning middle class and growing economy, recent statistics show that the retail sector in the country is continuing to flourish and there are now 327 shopping malls in 57 provinces there, employing more than 385,000 people. Turkey’s Shopping Mall Investors’ Association (AYD) also confirmed in October...

Posted on 01 October 2013

Istanbul district sets example in modern-day living by offering free Wi-Fi

Surfing the internet and checking emails just got free and easy for residents or visitors in the Istanbul district of Kadikoy, after free Wi-Fi was launched in the streets there on September 30th. The Mayor of Kadikoy decided to introduce high quality Wi-Fi hot spots after locals in his district expressed...

Posted on 30 September 2013

Travel firm TUI confirms Turkey as number one summer holiday destination

Holiday bookings to Turkey during the summer season of 2013 were up 8.1 per cent compared to last year, more than any other short-haul destination – somewhere with a flight-time of less than four hours, said global travel firm TUI, which owns the Thomson brand, this month. Spain’s Balearic Islands...

Posted on 20 September 2013

One of the world’s top 30 banks setting up shop in Turkey

Dutch giant of the banking world Rabobank, ranked the world’s 26th largest bank, has announced plans this month to open offices in Turkey, saying it sees the country as a growing opportunity. The first Rabobank office will be in Istanbul and focus on the commercial sector, initially planning to provide...

Posted on 19 September 2013

Passenger numbers up by 22 per cent at Turkey’s leading low-cost airline

Turkey’s appeal as a tourist and second home destination has been reinforced by results from the country’s leading low-cost carrier Pegasus Airlines, which reported a 22.6 per cent year-on-year increase in traffic volume for the first six months of 2013. Pegasus carried a total of 7.55 million passengers on both...

Posted on 17 September 2013

Turkey’s property market outperforming the rest of Europe!

Property investors have seen better returns in Turkey than anywhere else in Europe, in terms of capital appreciation, over the past year, after the latest Knight Frank Global House Price Index showed house prices there rose 12.2 per cent year-on-year to the end of Q2 2013. Turkey’s rate of house...

Posted on 13 September 2013

We heard it on the grapevine – the world gets a taste for Turkish wine

Turkish wine is attracting more attention globally, after a leading UK supermarket introduced it to its shelves for the first time this month and a Turkish woman becomes the first official wine expert from the country. In September Waitrose became the only British supermarket to stock a Turkish wine, namely...

Posted on 09 September 2013

Turkish bank teams with US money transfer firm to make sending money around the world simpler

Sending money between one of Turkey’s leading banks and an overseas destination has got easier thanks to the bank now providing a global money transfer service in all of its branches. Turkish bank DenizBank now offers MoneyGram’s money transfer service in all of its branches nationwide. “Now that we have...

Posted on 09 September 2013

Turkey in the top 50 most competitive economies in the world

Turkey is ranked 44th in the latest 2013-2014 Global Competitiveness Index (GCI), a table produced by the World Economic Forum (WEF) which assesses 148 economies around the world on their level of productivity according to each country’s institutions, policies and condition of their economy. This represented a fall of one...

Posted on 06 September 2013