Business and Industry

Turkey’s Tourism Season Ends on a High

Turkey’s tourism season ended on a high after results revealed a 23% increase in visitors’ year-on-year for the first three quarters. With October marking the last month of the official tourism time period starting in May, confident government officials say they will break yearly figures proving the travel industry of Turkey has rebounded in style. […]

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Bupa Set to Acquire Turkey’s Second Largest Health Insurer

In an announcement on their website, Bupa confirmed they set to acquire Acibadem Sigorta, Turkey’s second largest health insurer. Although the acquisition is still awaiting regulatory approval, the CEO of Bupa International said… “We’re delighted to announce Bupa’s agreement to acquire Acıbadem Sigorta. Its impressive growth, first-class management team and customer focus make it an […]

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Why the continuity of President Erdoğan’s re-election could benefit Turkey

Recep Tayyip Erdoğan’s landmark victory at the polls in Turkey last month not only secured him his second five-year presidency but also delivered the foundations for a more stable economy in the country, a condition that should go some way towards reassuring international investors, said Spot Blue International Property in July. “While things have settled […]

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Turkey EU Business Relationships Continue to Thrive

Stats released by the national news agency Anadolu reveal Turkey EU exports rose 21.5% in the first quarter of 2018. The top three countries receiving exports were Germany, Italy, and the UK. This follows another report released in March 2018, that said last year, Turkey exported €69.7 billion worth of goods into the EU, an […]

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Turkey’s Air Traffic Statistics Achieving Record-Breaking Numbers

A recent press release by the General Directorate of State Airports Authority shows Turkey’s air traffic statistics for January to March of 2018 increased 21.5% year on year. During these months, 43 million people used airports in Turkey as their preferred method of travel. However, optimism is high that these figures will rise even more […]

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A Rise in Cruise Ship Tourism in Turkey

Part of Turkey’s tourism plan that boosted it into the ranks of top visited destinations in the world was to diversify tourism niches to generate a year-round income in all sectors. This included cruise ship tourism that was until 2016, an ever-growing industry. Terrorist attacks, as well as a failed coup, prompted cruise ships to […]

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Dalaman Airport Gearing Up for a Busy Summer 2018

Expectations are high for the Turkish tourism industry in 2018, and one key player that will be cashing in on the glory is Dalaman Airport on the Mediterranean coast of Turkey. At the end of April, the airline hub will unveil its new 250 million Euro domestic terminal. Construction for Dalaman airport first started in […]

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Istanbul New Third Airport Promises to Minimize its Environmental Impact

In the current day and age, when most countries are actively taking part in minimising climate change, many people would question the construction of Istanbul’s New Third Airport and what impact it will have on the environment. They would also be within their rights to question it because when complete, Istanbul New Third Airport will […]

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Turk Telekom Reports a Successful 2017

A statement by CEO Paul Doany of Turk Telekom, the country’s leading telecommunications company, has revealed the company has exceeded their expectations for 2017 and are looking forward to continuing their growth in 2018. From January to September of 2017, Turk Telekom achieved double-digit growth resulting in a net profit of 320 million dollars. This […]

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What is Turkey’s Turquoise Card System?

Turkey’s Turquoise Card is a point-based application system aimed at attracting highly skilled foreigners and high-level investors to Turkey with the right to work and live in the country indefinitely. Many have said it is Turkey’s equivalent to the USA green card system. Called Turkuaz Kart in Turkish, it was unveiled in the Official Gazette […]

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