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Category Archives: News

Istanbul Olympic Bid Picking Up Pace Says Official

There is "overwhelming" domestic support for Istanbul's 2020 Olympic bid according to Hasan Arat, chair of the Istanbul 2020 Bid Committee, adding that the body plans to promote the city for the games right up unti the IOC makes its decision September 7. With Istanbul still in the running against...

Posted on 26 July 2013

Turkey and Belgium Team Up Against Double Taxation

Turkey and Belgium have increased their joint cooperation against double taxation. The pair have signed a new protocol to enable the increased flow of information in line with OECD standards aimed at negating the possibility of paying tax on the same income in two countries. The protocol, signed yesterday during...

Posted on 10 July 2013

Clever land investors flying high in Turkey

Hungry investors looking for alternatives to today’s volatile financial markets should consider investing in land in Turkey, said Turkish property specialist Spot Blue, adding that buying land and building your own villa can also be a better long-term proposition for second homeowners. “Opportunities to buy land come in all shapes...

Posted on 02 July 2013

Turkey’s coastal property market gains from rise in Blue Flag beaches

House-hunters looking for an overseas property near a clean, safe beach are spoilt for choice in Turkey, says Turkish property specialist Spot Blue, thanks to 383 beaches there being awarded Blue Flag status this year, the most the country has ever achieved and 59 more than in 2012. Turkey now...

Posted on 18 June 2013

Hilton Continually Expanding in Turkey

Hilton Worldwide, which is already the largest hotel company in Turkey has announced the addition of 3 new hotels in the country, taking Hilton's Turkish operation to over 10,000 rooms in operation and under development according to the release. “Our plan is to continue to grow the portfolio. We have...

Posted on 30 May 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

Exchange rate stability makes life more comfortable for Brits in Turkey

Expats who rely on income from the UK have been better off in Turkey than those living in Spain, France or any other Eurozone country, thanks to the Turkish lira being more stable than the Euro since the credit crisis of 2008 – a trend likely to continue in the...

Posted on 22 May 2013

The Beautiful Game draws global attention to Med resort of Antalya

Turkey’s largest tourist resort and gateway to its Mediterranean coastline, Antalya, is gearing up for a swell in international visitors - and with it the chance to showcase the lifestyle and properties it has to offer, when the Under-20 (U20) Football World Cup is played there next month. Antalya’s Akdeniz...

Posted on 14 May 2013

Spot Blue pivotal in driving Anglo-Turkish trade relations

As part of an on-going trade initiative to strengthen relations with the UK, members of the Turkish Government took time out from a business forum in London this week to open the London Stock Exchange, an event that presented an opportunity for Turkey's Minister of Economy, Zafer Caglayan, and chairman...

Posted on 26 April 2013

Turkish Budget Deficit Collapses in Q1 as Turkey Goes Private

More positive news for the Turkish economy as it continues to become the best and brightest in Europe. According to the latest data released at a press conference by Finance Minister Mehmet Şimşek, the Turkish budget deficit has fallen 86% during the first quarter courtesy of a surge in revenue...

Posted on 24 April 2013