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Category Archives: News

“Canal Istanbul” to Replace Bosporus as Istanbul Shipping Lane by 2023

Istanbul is making headlines again. Twice in one week. Just a few days after the world discussed plans to split Istanbul in two for easier governance, Prime Minister Recep Tayyip Erdogan has unveiled a grander if less controversial plan to create a new canal to bypass the Bosporus – although...

Posted on 28 April 2011

Bodrum to Come Alive with Color, Host Festival this September

Bodrum will be one of the most exciting places in the world this September when it hosts the Mediterranean Colours festival – one of the largest festivals the Mediterranean has ever seen. The festival will feature over 2000 dancers from 30 countries, and will see Bodrum become alive with Carnival fever...

Posted on 24 April 2011

Turkey Property: Foreign Sales up 40% in 2010

Last year we reveled in the report that 32,000 Brits owned some 6 million square meters of Turkish property, as the dominant grouping of foreigners who then owned 65 million square meters of land. Well, if that was good then the report released last week by GYODER can only be...

Posted on 21 April 2011

Turkey Dominant in Trip Advisor Chart of Best Beaches

TripAdvisor has just unveiled its chart of the top 25 beaches in the world, and we are very proud to see many Turkish beaches making the grade. At number 5 we have Olu Deniz. Those who know the place will be unsurprised by everything, except maybe that it is not...

Posted on 08 April 2011

With Turkish GDP Up 8.9% in 2010, Can Erdogan Keep his Grip on Inflation?

Turkstat has just revealed its data on GDP growth for 2010 and the final figure was 8.9%, considerably higher than the 6.4% reported by Prime Minister Erdogan at the start of the year. According to the data, the Turkish economy grew 9.2% in the fourth quarter, following growth of 11.3%,...

Posted on 01 April 2011

Antalya Named One of Top 4 Tourist Destinations in World

Who would a thunk it? In 2008 the Association of British Travel Agents caused a stir in 2008, when they revealed that Dalaman  was the number one destination for British tourists. Well, now the Turkish Culture and Tourism Ministry has revealed that Antalya is now one of the 4 most...

Posted on 26 February 2011

Property in Side (See-Day) Finally Getting Credit it Deserves

Property in Side is one of Turkey's greatest treasures, which is only in recent years gaining the credit it deserves for the uniqueness and beauty of its very special location. Side sits on a headland stretching out into the Mediterranean sea. Thus, Side has sea on three sides. Needless to...

Posted on 28 January 2011

Turkey Continues to Increase Ties with Russia as EU Frustrates

This week saw Turkey and Russia sign a mutual agreement on the readmission of illegal immigrants, which is seen as the final hurdle to the enactment of the visa-free travel deal agreed by the two last May. Turkey is an extremely popular holiday destination for Russians with over 3 million...

Posted on 21 January 2011

Inflation Hits 41 Year Low as Economy Grows 6.4%

Turkish inflation fell to 6.4% in 2010, a 41 year low. While the fact that 2010 total GDP growth matched that figure is brilliant, it is most likely that history will reflect on the inflation as the most important achievement in Turkey's economic development. History will remember the 2001 financial...

Posted on 04 January 2011

Queen Presents Award to Turkish President for Improving International Relations

Abdullah Gul has been given an award for his work in improving international relations. The Chatham House Prize was awarded to Gul in London by the Queen, for the strides he has made in improving Turkey's relations with its neighbours and internationally, as well as modernising Turkey. The Queen said:...

Posted on 10 November 2010