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Tag Archives: Turkey

US company NCR looks at Turkey as a potential regional base

23 January 2012, Istanbul - NCR the US technology has identified Turkey as its potential regional headquarters. Commenting on a forthcoming visit to Turkey Mr Bill Nuti, the NCR CEO said, “Engineering and call centre investments in Turkey are on the agenda. In order to provide new and better solutions...

Posted on 24 January 2012

Turkey’s Foreign Direct Investment up 70% in 2011

19 January 2012, Gaziantep - Speaking in the SE city of Gaziantep, Mr Ilker Ayci, President of Turkey’s 'Investment Support and Promotion Agency', said “Turkey has attracted 70 percent more FDI in the first 11 months of 2011 over the same period of the preceding year, reaching USD 12.1 billion”...

Posted on 19 January 2012

US company invests in southeastern Turkey

17 January 2012, Istanbul - According Martin Carver, the Chief Executive of the US based MG Consulting, investing in Turkey is more profitable than investing in China or Europe “I see no economic growth in European markets. That is why I would rather invest in Turkey” said Carver. Carver is...

Posted on 18 January 2012

Current Account Deficit Begins Descent

Last year saw Turkish exports grow at an incredible clip, leading analysts and commentators (including ourselves) to predict that it would eventually start to bring down the current account deficit, which is an important economic indicator and one of the few blemishes left to negatively color the Turkish economy. Well,...

Posted on 13 January 2012

Turkey Starts 2012 One of Strongest Economies in World

We all heard a lot about the Turkish economy in 2011 I know I wrote a lot about it and the reports are still coming in now. As always, it takes time to prepare final figures for the entire year, but if the reports we have seen so far are...

Posted on 11 January 2012

2011: A Great Year for Turkey and Turkish Property

Twenty Eleven was a great year for Turkey and a great year for Turkish property. The Turkish economy was among the fastest growing in the world (it was the fastest in 1H, but we have no data for 2H) according to official data. According to the Turkish association of real...

Posted on 06 January 2012

Turkish Tourism Hits the 30 Million Target

It's official, Turkey has crossed the long-anticipated threshold of 30 million visitors, a year later than expected. During the boom the government set the tourism target that Turkey would be receiving 30 million visitors per year by 2010. Then the credit crunch happened. Most tourism markets were completely derailed by...

Posted on 30 December 2011

Turkish Airlines flying high

20 December 2011, Istanbul - According to Turkish Airlines General Manager Temel Kotli, the airline has had a very successful 2011 and will add 10 new global destinations in 2012 as well as adding 18 new aircraft to fleet of 178 aircraft. “The new destinations to be added until the...

Posted on 23 December 2011

Malaysian company to invest in one of Turkey’s leading hospital groups

15 December 2012, Istanbul - Over the last few years Turkey’s healthcare sector has attracted significant interest for global investors from both East and West. Several major Turkish healthcare companies, for example, Universal Healthcare Group, Medical Healthcare and Memorial Healthcare Group have already attracted partnership or buy ours from major...

Posted on 15 December 2011

Turkey Continues to Impress for all the Right Reasons

It is no surprise that foreign direct investment is flooding into Turkey, because unlike many countries at the moment, there is no reason to be scared of investing. Turkey is in Europe, but not in the Eurozone and has been growing strongly throughout the European financial crisis. Even now as...

Posted on 09 December 2011