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Category Archives: Turkey

Gulf nations getting a real taste for Turkey

Turkey experienced a surge in visitors from the Gulf regions in the first four months of the year, according to the country’s Cultural and Tourism Office.In particular, the country recorded healthy rises in the number of visitors from GCC states Qatar, Bahrain and Kuwait, namely 46 per cent, 40 per...

Posted on 20 June 2014

Istanbul Ataturk on course to becoming Europe’s third busiest airport?

Istanbul Ataturk is now ranked the world’s 18th busiest airport, after experiencing a 13.6 per cent year-on-year rise in the number of passengers that passed through during 2013.Statistics from the Airports Council International (ACI) also showed that Istanbul Ataturk is now the fifth busiest airport in Europe, carrying just under...

Posted on 06 May 2014

Why Gulf investors hold the key to future growth in Istanbul

Demand for luxury residences in upmarket districts of Istanbul continues to rise, fuelled by buyers from the Middle East who are also attracted by investment opportunities presented by developments in the city’s growing suburbs, said Turkish property agency Spot Blue International Property in April. In March 2014 alone, foreigners bought...

Posted on 25 April 2014

Holidaymakers and homeowners now have a faster way to get a Turkish visa

Travelling to Turkey just got easier, thanks to the new e-visa system, which enables visitors to the country to obtain their visas on-line prior to touching down in Turkey, going live this month.The new e-visa, available at www.evisa.gov.tr since 11th April, is aimed at cutting the queues at airports and...

Posted on 23 April 2014

Istanbul crowned world’s best destination by global travellers

Istanbul has been voted the best place to visit in the world in the sixth annual Travellers’ Choice awards for Destinations, organised by TripAdvisor, the world’s largest travel site. The largest city in Turkey, Istanbul is the country’s cultural capital and embraces both its European and Asian roots as the...

Posted on 17 April 2014

Why Istanbul’s Beylikduzu district is a hit with Turkish and foreign investors

Demand for property in one of Istanbul’s most desirable districts, Beylikduzu, is expected to grow during 2014, as more investors discover what this exciting area on the city’s European side has to offer.Together with the nearby Atakoy Marina district, luxury new developments in Beylikduzu are attracting an increasing number of...

Posted on 18 March 2014

Turkey’s currency “undervalued” and could strengthen in 2014, says international bank

Turkey’s currency is undervalued and in line to strengthen in 2014 when the country’s economy will continue to outperform the rest of Europe, said a leading international finance house in Istanbul in November. Societe Generale (SocGen) told Bloomberg this month that investors should buy the lira against the euro as...

Posted on 29 November 2013

New air routes connect Istanbul with North American and North African continents

Turkey’s aim to become one of the best connected countries by air globally continues to take shape, with the announcement and launch this month of new routes to Canada and Algeria. Turkish Airlines will begin operating out of Canada’s Montréal-Trudeau airport in June 2014. A Star Alliance member, Turkey's national...

Posted on 26 November 2013

World Bank President labels Turkey an “inspiration” and opens Islamic finance hub in Istanbul

Turkey has taken a step closer to becoming an important player on the global economic stage, following the opening of the Global Center for Islamic Finance in Istanbul on 30th October by World Bank Group President Jim Yong Kim. Jim Yong Kim was accompanied by Turkish Deputy Prime Minister Ali...

Posted on 22 November 2013

New railway tunnel promises to make Istanbul an East-West trading hub

A new railway tunnel linking the European and Asian sides of Istanbul opened on 29th October, with hopes it will make Istanbul a convenient trading route between Western Europe and South-east Asia, including China, in essence a modern-day Silk Road.The 1.4-kilometre tunnel, which runs under the Bosphorus Strait and is...

Posted on 29 October 2013