News

10/03/2012
Urban Renewal Programme Under Starter's Orders

Turkey is about to embark on a $100 billion urban renewal programme, which will reinforce or demolish buildings susceptible to earthquakes. It's due to begin in Istanbul in either April or May, and the transformation will encompass four major districts within the province. The bill for the project was recently passed by a Parliamentary subcommittee, […]

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09/03/2012
Olu Deniz Voted Best Beach Spot in Europe

Tripadvisor.co.uk has just revealed its latest list of the world's top 25 beach holiday locations, and Olu Deniz is once again rated highly. The gorgeous Turkish lagoon bay is in 14th place, which is good enough, but it is also the highest rated European destination, which is even better. This comes as no shock to […]

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02/03/2012
Turkish News Roundup February 2011

New Flights February saw the addition of two new Turkish flights. Rusline announced new twice weekly flights between Nalchik and Istanbul Sabiha Gocken. Turkish Airlines continued their expansion with new indirect flights to Mogadishu in Somalia via Khartoum. Business/Investment February saw two major global firms make Turkey their regional hub. British Telecom announced that it […]

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01/03/2012
Turkey's Foreign Trade Deficit Falls by 4.7% in January

Turkey's foreign trade deficit fell by 4.7% year on year in January to $7 billion, according to the Turkish statistics bureau. The figures were welcome news especially as exports increased by 8.6% year on year to reach $10.4 billion, whereas imports rose by a mere 2.8% to reach $17.4 billion, leaving a trade deficit of […]

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24/02/2012
Turkish Airports Continue Exceptional Growth

Traffic through Turkish airports is continuing to grow strongly according to the latest data. Anna.Aero, the airline data collation website has just published stats for January, which show incredible growth across Turkish airports. Dalaman was the best performer with passenger numbers up 41.1% year on year from 22,555 last January to 31,817 passengers this year. […]

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17/02/2012
BT to Double Turkish Investment Create Global Satellite Hub

British Telecom has announced sweeping plans to make Istanbul not only a regional hub for its business (along with Dubai and Johannesburg, South Africa), but also a "Global Center of Satellite Excellence", according to aid Luis Alvarez, president in charge of Europe, Middle East, Africa and Latin America. Speaking at a conference yesterday in Istanbul […]

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16/02/2012
Turkish Airlines Starts Year with More New Flights

Turkish airlines finished 2011 with a big array of new flight routes, and has started 2012 in the same way. At the back end of last year Turkish airlines made the headlines for being quick to resume flights into Libya as soon as the infrastructure allowed it in September, it also launched a wide-array of […]

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11/02/2012
Shock Snowfalls Freeze Life in Eastern Turkey

I'm dreaming of a white... Bitlis. Those in the town of Bitlis in eastern Turkey probably aren't dreaming of a white anything after almost a week of constant snow brought day-to-day life in the town to a standstill. Anything or anyone capable of moving freely in a snowdrift of 640cm according to metereologists could carry […]

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10/02/2012
A Week of Tourism Events and Controversy

This week was a week of big tourism events in Turkey, events which brought a new realisation on tourism income growth in Turkey. The Turkey Tourism Summit in the Istanbul Convention and Exhibition Centre ICEC made the headlines for a rather controversial reason. Hurriyet headline: "Minister blames statistics body for poor calculation" in a story […]

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09/02/2012
New Istanbul Financial Centre aims to outclass London and New York

Istanbul, 9 February 2012 - The new Istanbul Financial Centre project in Atasehir on the Asian side of Istanbul is taking shape with construction underway. The Financial Centre has the full backing of the Turkish Government with many of Turkey’s governing bodies of rapidly growing financial sector being house in the Financial Centre. The Centre […]

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