The Turkish Office of Culture & Tourism was an exceptional contributor to this year’s World Travel Market [WTM] held at ExCel in London during November with this year’s Turkish stand growing 30% in size since last year.
At the press conference Mr. Ozgur Ozaslan, Turkey’s Deputy Undersecretary Responsible for Tourism, announced that Turkey had not [...]
How the world’s cities have fared since the financial crisis hit in 2007
Cities are the great engines of growth in the world economy. Istanbul, with income growth of 5.5% & employment growth of 7.3% over the past year, is currently the world’s best-performing city, according to a new report by the Brookings Institution & the London School [...]
Turkey is the perfect investment environment with its unique location and proximity to markets in Europe, Caucasus, Central Asia, The Middle East and North Africa. Global investors are joining in Turkey’s economic and social growth.
In Turkey, we are observing an increase in foreign direct investment that has been spurred by the vibrant people, excellent [...]
The Turkish economy will probably grow 4.5 percent in 2010 according to research by Bank of America-Merrill Lynch.
“If the real interest rates continue to be around 4 to 5 percent then Turkey has a huge growth potential and it can be the next Brazil,” said Türker Hamzaoğlu, a Merrill Lynch economist for emerging [...]
There is no doubt that it has been seen before: in a country that is leading the way in tourism, it is only logical that the value of property will increase. Now it is Turkey’s turn; approximately 30 million tourists are expected to visit the country next summer and major tour operators, including Thomas Cook [...]
Turkey has been chosen by Condé Nast Traveller readers as their favourite country in the destination category at the Condé Nast Traveller 12th Annual Readers’ Travel Awards for the first time.
Turkey’s popularity also ensures a spot in prestigious The World’s Top 100 list too where it was voted number 2 overall.
Istanbul, European Capital of Culture [...]
Osman Sarac of the Istanbul Gold Exchange, or IGE, has said, in response to questions on the rise of gold prices, Turkish people keep roughly 5,000 tons of gold worth 131,3 billion euros “under the mattress.”
Responding to questions on Turkeys under-the-mattress gold stock, Sarac said although gold’s monetary value disappeared following the foundation of the [...]
David Cameron has promised to “fight” for Turkey’s membership of the European Union, saying he is “angry” at the slow pace of negotiations.
On his first visit as prime minister, he said the country could become a “great European power”, helping build links with the Middle East.
He compared hostility to the membership bid in some parts [...]
Japanese capital investment bank Nomura named Turkey the “comeback king” of the year 2010 in terms of growth rate and economic potential.
One of the largest names in investment banking Nomura’s report underlined Turkey’s growth performance outdoing those of the Czech Republic, Hungary, Romania and Ukraine.
The report stated, “Turkey can be considered as the “comeback king” [...]
Keen overseas investors and holiday-home buyers for early 2010 have been recommended to consider Turkey as an ideal location. The number of holidaymakers in Turkey is on the increase, particularly from the UK, due to the pound’s strength against the Turkish lira compared to the Euro.
The three locations that were specifically mentioned were Bodrum, Dalaman [...]
