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The Greeks like the Turkish after all.

Date: 30/08/2007The Greeks like the Turkish after all. The second largest bank in Greece, Alphabank, is preparing to start up business in Turkey, though bank leaders have issued precautionary comments in advance of action. The head of Alphabank, Yannis Costopoulos, has said "We will enter the Turkish market. But do...

Posted on 14 February 2011

Turkey: International Investors say Investment in Turkey “Even more successful than expected”

Date: 24/08/2007Turkey: International Investors say Investment in Turkey "Even more successful than expected" Over the first half of 2007, more than half of foreign investors in Turkey reached their sales, export, and profitability goals. In addition a significant proportion of these investors surpassed their goals. Inflows of foreign capital to...

Posted on 14 February 2011

Turkey a better bet – says Carrefour

Date: 01/08/2007Turkey a better bet - says Carrefour Carrefour, the world’s second-largest retailer by sales, announced today that it had agreed to sell its 12 Portuguese hypermarkets to Portugal’s largest retailer for £460 million. The disposal of the Portuguese stores and the potential expansion in Turkey is part of Carrefour's...

Posted on 14 February 2011

Belek-The heart of the Turkish golf boom

Date: 16/07/2007Belek-The heart of the Turkish golf boom TURKEY is set to be the next big golf destination and the Belek region is at the heart of its development, with courses being created at several venues and quality hotels popping up to support them. South-west Turkey has long been a...

Posted on 14 February 2011

Turkey’s economy just keeps growing

Date: 03/07/2007Turkey's economy just keeps growing Numbers released by the Turkish Statistics Institute shows the Turkish economy (GNP) grew 6.7 percent in real prices, for the first quarter of 2007, making 21 quarters of uninterrupted growth. It is also reported that GDP grew by 6.8 percent over the same period....

Posted on 14 February 2011

Mind The GAP

Date: 21/06/2007Mind The GAP GAP, the international clothes retailer, has announced plans to open 90 Gap stores and 20 Banana Republic outlets in Turkey and Saudi Arabia over the next five years. The outlets will be opened through GAP’s franchise partners, Fiba Holding A.S. in Turkey and Fawaz Alhokair Group...

Posted on 14 February 2011

Dutch Bank Buys in Turkey

Date: 19/06/2007Dutch Bank Buys in Turkey ING, the Dutch banking and insurance group, has moved into the Turkish banking sector with the $2.67bn cash acquisition of Oyak Bank. ING said it would invest to rapidly extend market share by opening branches, improving marketing and expanding internet banking. Michel Tilmant, ING’s...

Posted on 14 February 2011

Spain goes turkish

Date: 19/06/2007Spain goes turkish At a series of meetings held in Istanbul, the Spanish Commercial attaché Francisco J. Alfonso said that Spain seeks to intensify its presence in Turkey. He went on to say, ““Excluding intra-European community trade, Turkey is our largest trade partner after the United States, but in...

Posted on 14 February 2011

British Companies Give Turkey Vote of Confidence

Date: 19/06/2007British Companies Give Turkey Vote of Confidence Aviva, better known as Norwich Union, the largest UK insurer, is expanding its life and pensions business in Turkish market though a merger with joint venture with Akbank. Aviva's Turkish expansion is the latest move in a fast-growing market that is becoming...

Posted on 14 February 2011

Blue Flag Awards for Turkey

Date: 11/06/2007Blue Flag Awards for Turkey At the Blue Flag Awards on 5th June 2007 235 beaches in Turkey were awarded the prestigious Blue Flag including: 166 in Antalya region; 58 in Mugla region and 20 in Aydin region. 14 marinas were also awarded Blue Flags including: 4 in Antalya...

Posted on 14 February 2011