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American Bank Buys into Departmental Stores in Turkey

Date: 04/05/2007American Bank Buys into Departmental Stores in Turkey Citigroup to buy shares in Boyner, Beymen Citigroup’s, Venture Capital International (CVCI) will purchase 30 percent of Boyner and 50 percent of Beymen department stores. The talks following the letter of intent has been signed February 12, have been finalized. The...

Posted on 14 February 2011

Turkey is Tops in Tourism

Date: 04/05/2007Turkey is Tops in Tourism Of all OECD countries, Turkey ranked first as the country with the highest increase of foreign tourists between the years 1990 and 2005, with a 241.4 percent increase. The number of foreign tourists coming to Turkey increased from less than 10 million in 2000...

Posted on 14 February 2011

Grant Thornton Report – Turkey “the next generation.”

Date: 04/05/2007Grant Thornton Report – Turkey “the next generation.” In a recent report, Grant Thornton, the international accounting firm, predict that Turkey may overtake the BRIC (Brazil, Russia, India & China) group in terms of growth. "While the BRIC economies lead the emerging markets, opportunities are evident for others to...

Posted on 14 February 2011

Swiss Investment into Turkey

Date: 27/04/2007Swiss Investment into Turkey ISTANBUL 27 April 2007 Mövenpick Hotels & Resorts, the Swiss international hotel chain who have been operating in Turkey since 2003, plans to open two new hotels in Turkey. The President of Movenpick., Jean Peres, said “We have always believed in the potential growth of...

Posted on 14 February 2011

Over Fifties want better life Overseas

Date: 27/04/2007Over Fifties want better life Overseas 27 April 2007 The retirement specialist Insure4Retirement.co.uk reveals that more than half of all Britons hope to move abroad when they retire.Finance is one of the biggest worries for retirees with 40 per cent of people saying that securing a steady pension income...

Posted on 14 February 2011

Roman Abramovich buys 5 Star hotel in Antalya.

Date: 27/04/2007Roman Abramovich buys 5 Star hotel in Antalya. Chelsea Football Club owner, Roman Abramovich, has bought the 5-star Sofisa Istanbul Hotel in Antalya on the southern Mediterranean coast. According to filed plans, The Sofisa Istanbul is to be equipped with the latest technology and will target up-market tourists with...

Posted on 14 February 2011

Tesco Likes Turkey

Date: 26/04/2007Tesco Likes Turkey Tesco has now opened its 13th store in Turkey and is planning to invest another £150 million on opening another eight stores. With stores in Antalya and Bodrum, Tesco reports sales are rising strongly with profits doubling.

Posted on 14 February 2011

M&S has 28 Stores in Turkey!

Date: 25/04/2007M&S has 28 Stores in Turkey! Many retail household names are finding that Turkey is the place to be. Our very own famous M&S now has 28 stores in Turkey.

Posted on 14 February 2011

Banking on the Future

Date: 25/04/2007Banking on the Future Following on from recent investments in Turkish banks from such global banks as Citigroup, Fortis, National Bank of Greece and Unicredit, Halkbank, Turkey’s fifth largest bank, begins road show for a $1.5 billion International Public Offering.

Posted on 14 February 2011

Medical Tourism – Turkey Amongst Most Popular

Date: 25/04/2007Medical Tourism - Turkey Amongst Most Popular London, Daily Mail 14 April 2007. Medical Tourism - Turkey Amongst Most Popular Quoting from Treatment Abroad, the Daily Mail says worries over MRSA is driving 50,000 patients a year to seek medical treatment abroad, with estimates of patients spending £163 million....

Posted on 14 February 2011