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Category Archives: Turkey

Turkey’s European Union membership back on the agenda in Brussels

Turkey could be about to take a step closer to joining the European Union (EU), after the EU Council confirmed that next month it will resume talks with Turkey about its membership of the 28-nation EU bloc, following a three-year break from discussions. Recent talks on Turkey’s membership were postponed...

Posted on 22 October 2013

The £170K question: where would you invest in property, Turkey or the UK?

One is an exciting emerging economy that bridges the gap between East and West, and the other is an established Western market, ut one thing both Turkey and the UK share right now are bullish property markets. Turkey ranked sixth in the latest Knight Frank Global House Price Index, recording...

Posted on 27 September 2013

Travel firm TUI confirms Turkey as number one summer holiday destination

Holiday bookings to Turkey during the summer season of 2013 were up 8.1 per cent compared to last year, more than any other short-haul destination – somewhere with a flight-time of less than four hours, said global travel firm TUI, which owns the Thomson brand, this month.Spain’s Balearic Islands saw...

Posted on 20 September 2013

Turkish football club signs record sponsorship deal with UK brand Vodafone

Istanbul football club Beşiktaş announced in August that it has signed a $145-million deal with British telecommunications group Vodafone, making it the country’s biggest ever sponsorship deal. The deal includes shirt sponsorship for five years and sponsorship of the new Beşiktaş stadium, expected to be completed next year and named...

Posted on 30 August 2013

Weaker Lira and rate rise means more spending money for expats

Expats living off the interest paid on savings in their local Turkish bank can enjoy an extra meal out each week, after Turkey’s central bank raised interest rates for the first time since October 2011. It’s not uncommon for resident Brits to deposit lump sums in a high interest Turkish...

Posted on 23 August 2013

Turkish Flights and Air Travel Continue to Soar

New data from the State Airports Management General Directorate (DHMİ) released on Friday shows that airline traffic at Turkey's airports increased by 7.6 percent in June over the same month last year. According to the data the number of passengers also went up by 12.9 percent in June year-on-year, with...

Posted on 06 July 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

Balkan Tourists Stuck on Turkey

According to  a new story in the SE Times tourists from the Balkan countries have not been turned off a Turkish holiday by the recent unrest in Istanbul. Turkey has been bogged down by news of the protests since the end of May. Some say it’s a storm in a...

Posted on 29 June 2013

Turkish Tourism Continues Strong Growth in May

Turkey is a tourists dream. In fact, it is like a food that you are apprehensive to try out but then when you do, you find out that you have been missing out terribly. Tourists made this realisation about Turkey round about 2002 and ever since then Turkish tourism numbers...

Posted on 26 June 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