Menu

Category Archives: Turkey News

”Turkey and beyond: Rewards of buying property”

Date: 03/02/2009 ''Turkey and beyond: Rewards of buying property'' The Independent on Sunday- Our property prices may be stagnating but for Britons looking to turn bricks and mortar into profits, there is hope on the horizon – the far horizon. Record numbers of investors are looking at a new raft...

Posted on 14 February 2011

Turkish banksÂ’ value rises

Date: 03/02/2009 Turkish banks’ value rises ISTANBUL - As market value of the world’s banking giants erode due to the financial crisis, Turkish banks leapt forward in 2008. The "Global 500 Financial Brands" survey by Brand Finance and The Banker magazine, revealed over the weekend, showed nine Turkish banks ranking...

Posted on 14 February 2011

TurkeyÂ’s inward and outward foreign direct investment performance

Date: 26/01/2009 Turkey’s inward and outward foreign direct investment performance Since 2005 Turkey's FDI inflows, especially through M&As in financial services, have risen spectacularly, not only in dollars but also as percentages of gross fixed capital formation. In 2006 and 2007, these percentages were higher than those for both the...

Posted on 14 February 2011

New Internal route for Turkish airlines

Date: 23/01/2009 New Internal route for Turkish airlines Turkish Airlines started its second new domestic route in as many weeks when it began thrice-weekly services from Istanbul (IST) to Canakkale (CKZ) in north-west Turkey using an A319. This raises to 34 the number of domestic destinations served by Turkish Airlines...

Posted on 14 February 2011

Spain suffers first tourist fall on record in ’08

Date: 22/01/2009 Spain suffers first tourist fall on record in '08 MADRID, Jan 21 (Reuters) - Spain, the world's second biggest tourist destination, suffered its first fall in foreign arrivals in at least 13 years in 2008, figures out on Wednesday showed. The Industry Ministry said 57.4 million tourists visited...

Posted on 14 February 2011

Flyglobespan adds extra flights to Turkey – “we are delighted with our sales”

Date: 16/01/2009 Flyglobespan adds extra flights to Turkey – “we are delighted with our sales” A second weekly flight from Edinburgh to Dalaman in Turkey is being laid on by Flyglobespan for next summer. A Sunday flight will run in addition to a Saturday departure between May and early November....

Posted on 14 February 2011

Is Property in Turkey Still Popular?

Date: 16/01/2009 Is Property in Turkey Still Popular? It’s hard to know when one nation’s property market has fallen out of favour these days as the global financial crisis envelopes country after country and apparently leaves no nation’s economy untarnished. So is property in Turkey still popular or has the...

Posted on 14 February 2011

Hilton to open 40 hotels in five years in Turkey

Date: 13/01/2009 Hilton to open 40 hotels in five years in Turkey Hilton Hotels Corporation made public its new investment plan in Turkey on Tuesday. The U.S.-based company is set to open 40 new hotels in Turkey within five years as the company sees high potential in the country, according...

Posted on 14 February 2011

Turkey’s growth will continue in 2009, Halkbank executive claims

Date: 13/01/2009 Turkey's growth will continue in 2009, Halkbank executive claims The Turkish economy will continue to grow in 2009 and the possibility of a recession is almost zero, Halkbank Vice General Manager Sahap Kavcioglu has said. Kavcioglu spoke to Today's Zaman to share his reflections on the most recent...

Posted on 14 February 2011

Turkish financial sector to grow in crisis, suggests Deloitte

Date: 13/01/2009 Turkish financial sector to grow in crisis, suggests Deloitte Deloitte, one of the largest consulting and financial advisory firms in the world, has said the financial sector in Turkey will grow in the long run should the sector pursue effective policies amid the current global financial crisis. Recently...

Posted on 14 February 2011