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Turkey cuts interest rates to new low

Date: 19/08/2009Turkey cuts interest rates to new low Turkey's central bank cut its benchmark interest rates to a record low on Tuesday in a bid to prop up the recession-hit economy and said more could be needed as it seeks to put the economy on track. The bank's monetary policy...

Posted on 14 February 2011

TurkeyÂ’s highest building to become a tourist attraction

Date: 17/08/2009Turkey’s highest building to become a tourist attraction Sapphire skyscraper, currently in its final stages of completion, is expected to become a site of attraction for some seven million tourists who visit Istanbul each year. The building will include a new shopping center called Sapphire Carsi, focusing on local...

Posted on 14 February 2011

Babacan: Turkey will emerge stronger from the crisis

Date: 17/08/2009Babacan: Turkey will emerge stronger from the crisis Speaking at a meeting of the Economic Coordination Board (EKK) held in the central Anatolian province of Konya, Ali Babacan, the Turkish Deputy Prime Minister for Economy, said Turkey will emerge stronger from the global economic crisis on the back of...

Posted on 14 February 2011

The second Sheraton Hotel opens in Istanbul

Date: 11/08/2009The second Sheraton Hotel opens in Istanbul Haber Turk - Global hotel and leisure company Starwood Group has opened a new Sheraton Hotel in in the Atakoy district of Istanbul. The Dati Investment Holding Corporation invested some USD 60 million in the new Sheraton Hotel. The Sheraton Istanbul Atakoy...

Posted on 14 February 2011

Antalya readies for Golden Orange Film Festival

Date: 10/08/2009Antalya readies for Golden Orange Film Festival Preparations continue for the 46th edition of Antalya's Golden Orange Film Festival, which will be organized from Oct. 10 to 17 this year with the participation of renowned national and international artists. Organizers aim to change the perception that the Golden Orange...

Posted on 14 February 2011

Turkish yacht manufacturers to make waves in France

Date: 10/08/2009Turkish yacht manufacturers to make waves in France Today’s Zaman - From September 23 to 28, Turkey will be the guest of honor at France's Maritime Tourism Fair, which will bring together Europe's top yacht makers. According to an official from Turkey's Chamber of Shipping, Turkish luxury yachts, as...

Posted on 14 February 2011

Istanbul attracts foreign home buyers despite crisis

Date: 01/08/2009Istanbul attracts foreign home buyers despite crisis For generations, Turks have valued property ownership as a hedge against inflation, so title deed registration is clear and factual. “Buyer beware” is the mantra everyone hears when embarking upon a property search in Turkey. Use a professional agent and lawyer. But...

Posted on 14 February 2011

Turkey will host golfÂ’s European Challenge Tour 2010

Date: 27/07/2009Turkey will host golf’s European Challenge Tour 2010 After 11 years, European Challenge Tour will be played in Turkey again. Nearly 200 professional players contend with competition every year in Challenge Tour. At the end of the year, first 20 players in general classification has the right to play...

Posted on 14 February 2011

Runway in Turkey’s Gazipasa Airport to be expanded

Date: 24/07/2009Runway in Turkey's Gazipasa Airport to be expanded The runway in Gazipasa Airport, located in eastern Antalya, will be expanded and the area surrounding the runway will soon be nationalized, a local government official has said. Gazipasa Gov. Ismail Gültekin told the Anatolia news agency that the airport’s 1,800-meter...

Posted on 14 February 2011

Turkey to have its own “Silicon Valley”

Date: 24/07/2009Turkey to have its own “Silicon Valley” Aksam - Turkey is on course to have its very own “Silicon Valley”. Work on creating a specialized zone for the studies and development of software, hardware and robotics is underway in the country. Planned to be the biggest such endeavor in...

Posted on 14 February 2011