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Category Archives: Trade

Leading fashion brand coming to Turkey’s High Street by end of 2013

Shoppers in Turkey will soon have the chance to look as fashionable as their European neighbours, thanks to plans announced this month for the opening of Superdry stores there.The news comes after UK based SuperGroup, which owns the Superdry brand, signed a five-year exclusive franchise agreement with Turkish firm Demsa...

Posted on 27 August 2013

Turkish Exports Up 2.5% in First Half

According to the latest export data, Turkey sold products worth USD 74.66 billion in the first half of this year. This represents a growth of 2.5 percent compared to a year ago, the figures from the Turkish Exporters' Assembly (TIM) show. This sends positive signals for year-end goals according to...

Posted on 03 July 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

Turkish Exports Soar thanks to Visa-Free Spree

Turkey’s exports have accelerated significantly, said Mehmet Büyükekşi, president of the Turkish Exporters’ Agency, attributing the increase to Turkey's agreeing visa exemption deals with more than 21 countries over the past decade. According to Büyükekşi visa free deals with Libya, Albania, Jordan and Kosovo in 2009, raised total foreign trade...

Posted on 30 April 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

Trade Grows between the UAE and Turkey

Figures show that trade between Turkey and the UAE reached $9.1 billion during the first eight months of 2012, three times the amount in 2011. The economy in the UAE is predicted to grow by 4% in 2013 compared to 3% last year, and this should positively impact trade and...

Posted on 06 March 2013

Turkey Keen to Boost Trade Volume with Africa

Turkey is keen to boost its trade volume with Africa, and has set a target figure of $50 billion by 2015. The Turkish Prime Minister, Recep Tayyip Erdogan, accompanied by a delegation of 250 businessmen, recently toured Niger, Gabon and Senegal. The trip is all part of the Turkish government’s...

Posted on 11 January 2013

Turkish Economy Set For Happy Christmas and New Year

While the Turkish economy has gone from the sick man of Europe to one of the continent's strongest and most stable economies over the last 10 years, it still has its problems. The biggest one has always been unemployment, but during the last 2 years this really started to fall....

Posted on 01 December 2012

Arabs Flocking to Turkey and Spending Heavily

Not a year since the last report of record Arab tourism into Turkey we have another bumper report to share. According to the latest reports, the number of Arab tourists entering Turkey increased by 71% in the first six months of this year compared to the previous year. The rise...

Posted on 07 September 2012

Turkey Leading Growth in Mergers and Acquisitions

Further proof that Turkey is one of the hottest emerging markets in the world has emerged in new research by Bloomberg on global mergers and acquisitions. According to the research Turkey is now well above the BRIC nations in terms of mergers and acquisitions as more deals are signed in...

Posted on 06 October 2011