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We heard it on the grapevine – the world gets a taste for Turkish wine

Turkish wine is attracting more attention globally, after a leading UK supermarket introduced it to its shelves for the first time this month and a Turkish woman becomes the first official wine expert from the country. In September Waitrose became the only British supermarket to stock a Turkish wine, namely...

Posted on 09 September 2013

Turkish bank teams with US money transfer firm to make sending money around the world simpler

Sending money between one of Turkey’s leading banks and an overseas destination has got easier thanks to the bank now providing a global money transfer service in all of its branches. Turkish bank DenizBank now offers MoneyGram’s money transfer service in all of its branches nationwide. “Now that we have...

Posted on 09 September 2013

Turkey in the top 50 most competitive economies in the world

Turkey is ranked 44th in the latest 2013-2014 Global Competitiveness Index (GCI), a table produced by the World Economic Forum (WEF) which assesses 148 economies around the world on their level of productivity according to each country’s institutions, policies and condition of their economy. This represented a fall of one...

Posted on 06 September 2013

Turkey and olives – a recipe for success!

Olives and the oil that comes from them are one of the highlights of life in the Mediterranean, with different countries, including Turkey, claiming to produce the best. However, one thing that is indisputable right now is the rising number of people around the world who now consume Turkish olive...

Posted on 05 September 2013

Rail upgrades on track to increasing investment appeal of Istanbul property market

Many of Istanbul’s burgeoning residential districts are on the verge of becoming more accessible places to live, after a landmark new rail link connecting the European and Asian sides of the city neared completion when it carried its first passengers as part of a test run in August. The Marmaray...

Posted on 03 September 2013

Tourists just can’t get enough of Turkey – as Egypt’s problems deter holidaymakers

Turkey’s popularity as a tourist destination is growing at a faster rate than anywhere else in the Mediterranean, according to recent figures from the Union of Mediterranean Tourist Hotels (AKTOB). The country welcomed 19.1 million foreign tourists over a period of seven months in 2013, signifying a 10.6 per cent...

Posted on 31 August 2013

Turkish football club signs record sponsorship deal with UK brand Vodafone

Istanbul football club Beşiktaş announced in August that it has signed a $145-million deal with British telecommunications group Vodafone, making it the country’s biggest ever sponsorship deal. The deal includes shirt sponsorship for five years and sponsorship of the new Beşiktaş stadium, expected to be completed next year and named...

Posted on 30 August 2013

Spot Blue searches for idyllic plot in Turkey – it’s what the doctor ordered!

Just five years after buying their first holiday home in Turkey, British surgeon Phil McLoughlin and his Malaysian wife Shanti have begun looking there for the perfect spot to build a house for their retirement. The couple, who live with their two teenage sons in St Andrews, are searching for...

Posted on 27 August 2013

Leading fashion brand coming to Turkey’s High Street by end of 2013

Shoppers in Turkey will soon have the chance to look as fashionable as their European neighbours, thanks to plans announced this month for the opening of Superdry stores there. The news comes after UK based SuperGroup, which owns the Superdry brand, signed a five-year exclusive franchise agreement with Turkish firm...

Posted on 27 August 2013

Weaker Lira and rate rise means more spending money for expats

Expats living off the interest paid on savings in their local Turkish bank can enjoy an extra meal out each week, after Turkey’s central bank raised interest rates for the first time since October 2011. It’s not uncommon for resident Brits to deposit lump sums in a high interest Turkish...

Posted on 23 August 2013