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Turkey attracts 6.5 billion USD of foreign investment in first 5 months of 2012

Istanbul, 16 July 2012 – Mr Zafer Caglayan, Turkey’s Minister of Economy, has announced that Turkey attracted 6.5 billion USD of Foreign Direct Investment (FDI) in first 5 months of 2012 showing an increase of 11 percent over the same period in 2011. According to Caglayan, Turkey is attracting the...

Posted on 24 July 2012

China “Turkey has become one of the most attracting countries in the world”

Istanbul, 22 February 2012 - At the Turkey - China Economic and Commercial Cooperation Forum held in Istanbul today, Xi Jinping, the Chinese Vice President, announced that Chinese and Turkish business had signed agreement worth 4.3 billion USD, commenting "Turkey has become one of the most attracting countries in the...

Posted on 24 February 2012

Altinkum Marina Rocks the Boat [Pictures]

We are happy to present these fantastic new images of the marina at Altinkum. Altinkum property is rapidly becoming a favourite with foreign buyers, especially those on a lower budget who can't fail to see the fantastic value for money of offer. But it is difficult not to concede that...

Posted on 17 September 2011

Turkey Tourism Continues Strong Growth–UNWTO

As with anything, the number of tourists a country receives in a given period is subject to a number of different measurements, all of which arrive at their own total depending on how they are worked out. According to the World Tourism Organization (UNWTO) Turkey attracted 27 million foreign visitors...

Posted on 08 September 2011

Turkey’s Antalya is home some of the largest luxury yacht builders

2 September 2011 - Antalya on Turkey’s southern coast is home to some the world’s luxury yacht builders with 52 yacht building companies based in the Antalya's Free Zone. Speaking recently, Antlaya Free Zone’s General Manager, Zeki Gurses, said “We are seen as ranking among the top three in the...

Posted on 02 September 2011

Turkey keeps calling

 4 July 2011 - Vodafone’s recent results show Turkey is one of the fast growing countries within Vodafone’s global network. Vodafone Turkey CEO, Serpil Timuray reported Vodafone Turkey has broken a number of records as the fastest growing Turkish mobile telephone company with over 30 percent rise in sales revenue. Vodafone Turkey...

Posted on 04 August 2011

Indian industrial conglomerate to make further investments in Turkey

20 May 2011 - Mr Pawan Ruia, Chairman of the Indian industrial conglomerate, says the group is planning to make additional investments in the Turkey in energy, mining and metal sectors following their 250 Million USD acquisition of the Turkish cars part manufacturer - Standard Profil. Speak in Istanbul, Mr...

Posted on 20 May 2011

Industrial output in Turkey increases by over 10 percent

10 May 2011 Turkey’s year on year industrial output figures from TurkStat (Turkish Statistical Institute) shows March 2011 figures compared with March 2010 have increased by 10.4 percent. The data also shows other sectors increases with mining up by 4.5 percent and electricity, gas, etc up 11.9 percent. Source –...

Posted on 10 May 2011

International private equity group invests in Turkish hospital group

5 May 2011 - A group of international private equity investors have agreed to invest 140 Million USD in Universal Hospitals Group, one of Turkey’s largest hospital and healthcare providers. The investment will enable Universal Hospitals to increase its hospital network to 18 in 12 Turkish cities including Istanbul. Source...

Posted on 05 May 2011

Credit crunch – are cheap holidays to Turkey the answer?

Travel to Turkey is set to increase in 2009 by 30%.  Turkey has for years been a very popular holiday destination with steady tourism growth year on year.  So why should 2009 see such a big increase in Turkey travel? The credit crunch effecting the world at present has forced...

Posted on 14 January 2009