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Russia - Turkey visa-free travel

With the signing of a mutual agreement between Turkey & Russia today [Tuesday, 18 January 2011] mutual visa regulations will most likely be lifted within two months time. The decision is expected to increase trade between the two nations & has excited tourism operators, as it will go into effect ...

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January 25, 2011

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Christmas for Turkey

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 ...

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January 13, 2011

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Moscow International Property Show – post show roundup

Economists & writers will long argue about the causes & consequences of the economic crisis, but a real estate business has no such luxury as time for reflection. An increasing number of events dedicated to the elite segment of real estate are proving the fact – the crisis has ...

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December 3, 2010

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Turkish Government And Local Municipalities Limit Density Of Construction

Turkey is learning from the mistakes of Spain by guaranteeing that its immaculate coastline remains unspoilt. This is undeniably a crucial step on the way to Turkey becoming a principal destination for overseas buyers. The Turkish Government has certainly decided that the Spanish construction approach is not their chosen method of ...

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November 24, 2010

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Housing Prices To Soar In 2010

With the general construction sector still feeling some after effect of the global financial crisis, prices for property in Turkey are at their lowest, yielding little profit for construction firms, but when existing stocks are depleted, prices will rise again by the second half of the coming year, Mesa Construction ...

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October 28, 2010

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5,000 Tons Of Gold “Under The Mattress”

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 ...

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October 12, 2010

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Turkey voted top country

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 ...

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September 8, 2010

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No Flamingos At The Wetlands In Bodrum

Flamingos failed to flock to the Tuzla wetlands near the resort town of Bodrum this year, marking the latest blow to an ecosystem that faces the risk of disappearing completely. The area was declared a special protection zone five years ago, but industrialization & urbanization in the region is putting ...

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September 2, 2010

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Cameron ‘anger’ at slow pace of Turkish EU negotiations

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 ...

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August 24, 2010

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The Perfect Investment Environment

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 ...

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August 4, 2010

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