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Turkish Economy Now Fastest Growing in World

The Turkish economy continued its incredible growth with a record of 11% year on year GDP growth in the first quarter. This made Turkey the fastest growing economy in the world by an incredible margin; Argentina was closes with 9.9% followed by China with 9.7%. At the start of 2010...

Posted on 01 July 2011

Tourism Ministry Reveals Strong Growth in 2011 Tourism

According to the latest data from the Culture and Tourism Ministry, Turkey welcomed 9 million visitors in the first 5 months of 2011, a 15% growth on the same period last year. The news comes about 1 month after the Ministry revealed the 6 million visitors in the first 4...

Posted on 30 June 2011

Mugla Region Named Top Trending Region in Rightmove Search Report

According to the latest data from Rightmove the Mugla region is the most popular region in Turkey in terms of demand from foreign buyers, and is now becoming one of the hottest markets in the overseas property world. In the Rightmove Overseas Search Report for May, Mugla is shown in...

Posted on 27 June 2011

Turkish Airline Wins Big in Skytrax Awards

Turkish Airlines has yet again racked up the accolades in the 2011 Skytrax Awards. This year Turkish Airlines won the awards for Best Airline Europe, Best Premium Economy Seats and Best Airline Southern Europe. The Skytrax Awards also known as the Passengers Choice Awards surveyed 18.8 million air passengers over...

Posted on 23 June 2011

Christiano Ronaldo Highlights Turkish Tourism Experience

[caption id="attachment_9669" align="alignleft" width="300" caption="Christiano Ronaldo and Irina Shayk on Blue Cruise in Bodrum"][/caption] For anyone that doesn't know, Christiano Ronaldo is currently holidaying in Turkey as a guest of Besiktas chairman Yıldırım Demiroren. Ronaldo, formerly of Manchester United and now playing for Real Madrid is one of the most...

Posted on 22 June 2011

Istanbul Ataturk Welcomes New Flight Routes

The Istanbul tourism and property market are set to be boosted by new flight links with Genoa. Turkish Airlines has just launched a new route to the Italian city, flying 3 times weekly (Wednesday, Thursday, and Saturday) from Istanbul Ataturk (IST), with an additional flight to be added from June...

Posted on 09 June 2011

Both Istanbul Airports Win in the ANNIES 2011 Awards

Both of Istanbul's airports have won awards in the ANNIES 2011 by leading airport data collation service Anna.Aero. Istanbul Ataturk was joint winner of the "Airport with the most new non-European routes" award, having added 8 new routes and lost one to Islamabad in the last year. The new routes...

Posted on 20 May 2011

Developments Securing Istanbul’s Place as one of World’s Great Cities

Istanbul continues to grow into one of the world's most impressive cities. This week it was revealed that Arista, an affiliate of Turkey’s Ar Group, is set to invest nearly $1 billion into new office and residence projects in the city. The news came in the same breath as we...

Posted on 13 May 2011

Turkish Car Sales Hit New Peak in January

In 2010 Turkey's automobile industry became a dominant force within Europe, and early signs for 2011 show that this looks set to continue. Car and light commercial vehicle sales grew 64% year on year in the first 4 months of this year according to new data from the Automotive Distributors...

Posted on 06 May 2011

Turkish Exports Up 25% in April — 22% in Q1

Of all the news on the Turkish economy, the record exports in April is arguably the most significant. If you read like I do on the Turkish economy you will see that the news is overwhelmingly one-sided on the positive side, and that the negative news is almost all centred...

Posted on 05 May 2011