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Turkey: Property sales to foreign nationals reach USD 14.4 billion

Date: 19/07/2010 Turkey: Property sales to foreign nationals reach USD 14.4 billion The number of foreign nationals purchasing property in Turkey has reached new heights in recent years, as the country’s real estate market keeps growing. In a period of eight years, between 2002 and 2010, 85,676 people of foreign...

Posted on 14 February 2011

Turkey tourism to be boosted with 123 new projects worth TRY 2.5 billion (1.6 Billion USD)

Date: 19/07/2010 Turkey tourism to be boosted with 123 new projects worth TRY 2.5 billion (1.6 Billion USD) Turkey’s status as one of the most preferred holiday destinations in the Mediterranean is being strengthened with the addition of 123 new projects, worth a total of TRY 2.5 billion. According to...

Posted on 14 February 2011

Turkey: Foreign investors interested in Karbogazi Ski Resort

Date: 19/07/2010 Turkey: Foreign investors interested in Karbogazi Ski Resort Karbogazi Ski Resort in the Tarsus district of the southern Anatolian province of Mersin has recently been under close watch by foreign investors, as the region is slated to become a winter sports center. A joint venture by Egyptian and...

Posted on 14 February 2011

Turkey: Alanya Airport Welcomes Borajet, Potentially Boosting Property Market

Date: 14/07/2010 Turkey: Alanya Airport Welcomes Borajet, Potentially Boosting Property Market The first official domestic flight into and out of the Alanya Gazipasa airport is big news for the Alanya property market, according to Turkish property specialists Spot Blue Director of the firm Julian Walker said "This is the latest...

Posted on 14 February 2011

Turkey: Thomas Cook to boost Turkish tourism in Oger Tours acquisition

Date: 14/07/2010 Turkey: Thomas Cook to boost Turkish tourism in Oger Tours acquisition On Monday, the Thomas Cook Group announced the acquisition of Oger Tours, a well-known Turkish-owned tour company operating in Germany and specializing in tours to Turkey, in a deal worth around EUR 30 million. The Oger brand...

Posted on 14 February 2011

Turkey: Rising tourism may boost Turkey property

Date: 09/07/2010 Turkey: Rising tourism may boost Turkey property A surge in holidaymakers visiting Turkey this summer could lead to an increase in the volume of people buying property in Turkey. The latest figures from the Turkish Directorate General of State Airports Authority (DHMI) shows that there was a 24...

Posted on 14 February 2011

Turkey: Investment inflow to emerging countries to pick up in 2011

Date: 09/07/2010 Turkey: Investment inflow to emerging countries to pick up in 2011 According to an Institute of International Finance (IIF) forecast, foreign direct investment (FDI) inflow to emerging countries in Europe is expected to increase by more than 40 percent in 2010. The research estimates that emerging countries, including...

Posted on 14 February 2011

New York Times: Who needs the other one more – Europe or Turkey?

Date: 07/07/2010 New York Times: Who needs the other one more - Europe or Turkey? Turkey’s economic performance in the first quarter leaves the EU clearly behind in terms of growth, and in the light of Turkey’s astonishing economic transformation, one should ask the question, “Who needs the other one...

Posted on 14 February 2011

Turkey – USD 500 million World Bank loan secured for Turkish SMEs

Date: 07/07/2010 Turkey - USD 500 million World Bank loan secured for Turkish SMEs The World Bank has allocated a total of USD 500 million to the Second Access to Finance for Small and Medium Enterprises (SMEs) project for Turkey. Approved by the World Bank Board of Executive Directors, the...

Posted on 14 February 2011

Turkey – First quarter data show Turkish economy in strong rebound

Date: 02/07/2010 Turkey - First quarter data show Turkish economy in strong rebound Figures from the first quarter of 2010 reveal Turkey’s rapid recovery from the global economic crisis, as the country ranks second in growth among G20 members. While the growth rate of 11.7 percent falls slightly short of...

Posted on 14 February 2011