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IMF predicts continued economic growth in Turkey

Turkey’s economy has grown by six per cent on average since 2010 and is set to continue growing albeit at a moderate pace, according to a report by the International Monetary Fund.An IMF team visited Turkey between September 11 and 24 and carried out its annual evaluation of the economy....

Posted on 06 October 2014

New air routes connecting Istanbul with the Gulf and Ukraine

Turkey can look forward to another air link with the Gulf, following the launch on October 2 of a new service between Kuwait and Istanbul.The route will be operated by Gulf Air and run twice a week. Gulf Air already offers a service between Istanbul and Bahrain.“This affords our Kuwait-based...

Posted on 30 September 2014

Why today’s Istanbul is attractive to non-resident Turkish and Arab investors

Turks and Middle Eastern citizens based around the world, including the Americas, who are looking for global investment opportunities could be missing out by not considering modern-day Istanbul and wider Turkey, said Turkey property specialist Spot Blue International Property in September. “In the USA alone there are an estimated 500,000...

Posted on 26 September 2014

Turkey rated as a top place in the world to direct foreign investment

Turkey ranks in the top 25 countries worldwide where international business executives are likely to direct foreign investment, according to a recent independent report.The 2014 Kearney Foreign Direct Investment Confidence Index lists Turkey as 24th,  and shows an increase in confidence in the country’s investment outlook compared to 2013. The...

Posted on 23 September 2014

Turkish property market prepares to wow investors at Dubai expo

The Turkish property market will be in the limelight next week, when the annual Cityscape Global property exhibition in Dubai takes place, with Turkey being the second most featured country after the host nation, the United Arab Emirates.Cityscape takes place on 21st-23rd September at Dubai’s grand World Trade Centre and...

Posted on 17 September 2014

Istanbul’s commercial property sector remains attractive in 2014

Long-term economic growth prospects in Turkey have been described as ‘bright’ by international property consultancy Cushman Wakefield, which added that the Turkish economy is expected to accelerate in 2015 after a slower 2014.In a recent report on the first half of 2014, Cushman Wakefield also stated that the confidence and...

Posted on 16 September 2014

Istanbul developer commends UK agency Spot Blue and forecasts strong growth in Turkey

Turkish property specialist Spot Blue International Property has been praised as a key route to market by a developer in Istanbul, whose target markets include the Middle East, Europe and the UK and who believes the Turkish property market is entering another decade of strong growth under its new president....

Posted on 12 September 2014

The sky’s the limit for developing Istanbul and its impressive skyline

Modern-day Istanbul is gaining a name for its growing skyscrapers, following the release of an independent index that ranks the city as the world’s 22nd most visually impactful skyline. The latest Skyline Ranking by research website Emporis also shows that Istanbul has Europe’s second most impressive skyline, after Moscow, which...

Posted on 12 September 2014

Turkey’s air traffic reaches new heights in 2014

2014 has seen Turkey’s popularity as a holiday destination boost, after figures from Turkey’s State Airports Management General Directorate (DHMI) showed that the number of passengers that passed through Turkey's airports in August increased 11 percent year-on-year to reach a total of 19 million. For the first eight months of...

Posted on 09 September 2014

Turkey in the world’s 50 most competitive markets, with rising exports

Turkey is the 45th most competitive market out of the world’s 148 most important economies, according to the 2013-2014 Global Competitiveness Report by the World Economic Forum (WEF). Six European countries dominated the top 10 places of this year’s GCR, namely Switzerland in first place, as well as Finland, Germany,...

Posted on 04 September 2014