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More cranes break Turkey’s horizon as its construction sector keeps growing

Turkey’s appetite for building new homes is showing no signs of slowing down, according to recent figures by the Turkish Statistical Institute (TURKSTAT), which show the construction sector grew its turnover by 4.5 per cent in the last quarter of 2...
by Spot Blue on Apr 28, 2016

Foreign investment up as Turkish economy outshines much of Europe

Foreigners invested $2billion in Turkish property in the first half of 2014, a period that saw a 28 per cent hike in overall foreign direct investment (FDI) in Turkey compared to 2013. FDI in Turkey between January and June was worth $6.8billion, acc...
by Spot Blue on Aug 29, 2014

Istanbul’s profile as an international business hub goes up a notch

Istanbul’s appeal to international firms as a place to meet and do business is going from strength to strength, according to new research that ranks it the eighth most popular city in the world to hold a congress. New rankings based on the number o...
by Spot Blue on May 30, 2014

More flights between Turkey and the Gulf, including low-cost service to Kuwait

Increased flights between Turkey and countries in the Middle East should help maintain a high level of interest from Arab investors in Turkish real estate opportunities in 2014. This month sees Turkish low-cost carrier Pegasus commence a new four-tim...
by Property in Turkey on Mar 14, 2014

Turkey’s quality medical sector attracting increasing numbers of health tourists

A new report ranks Turkey among the top 10 healthcare destinations globally, thanks to the country making high quality treatment and facilities available to foreigners at reasonable prices. The 2014 Global Life Sciences Outlook published by internati...
by Property in Turkey on Feb 4, 2014

Turkey talks shop – demand for shopping space there now one of Europe’s highest

Highlighting Turkey’s growing middle class and its appetite for a consumer lifestyle, the country completed the second largest amount of new shopping space anywhere in Europe during the first half of 2013. The number one spot was taken by Russia. A...
by Spot Blue on Nov 19, 2013

Istanbul gears up for arrival of first Rolls Royce dealership

A sign of the growing prosperity of Turkish people and their appetite for leading worldwide brands, Rolls-Royce has announced plans for an authorised dealer to be based in Istanbul. The new dealership is to be officially named Rolls-Royce Motor Cars...
by Spot Blue on Oct 24, 2013

Landmark new shopping centre – with its own Apple Store – a boost for Istanbul

Raising its profile as a city that offers world-class shopping, Istanbul’s landmark Maltepe Park shopping centre reopened in September after a 19-month overhaul with the assistance of global supermarket group Carrefour SA. The transformation of Mal...
by Spot Blue on Sep 24, 2013

Algarve is full of summer fun

While some of the major summer events have either concluded or are underway as you read this, the Algarve still has a bunch of great weather in front of it and some great events to go with it, so here’s a quick look at what you can expect from the...
by Algarve Portugal on Aug 13, 2013

Microsoft Knocking Down Turkey’s Door to Join Fatih Project

IT giant Microsoft is very keen to get into Turkey according to the latest announcement from Turkish Science and Technology Minister Nihat Ergün. Ergün has told how Microsoft has bolstered an early pledge to take part in its Fatih program – an ed...
by Spot Blue on Feb 26, 2013

Turkey’s Eastern Provinces Gain $6 Billion in Investment

The eastern provinces in Turkey have managed to secure $6 billion in investment during the past four months, thanks to the government’s industrial incentives program, according to a report from the Science, Industry and Technology Ministry. The gov...
by Spot Blue on Oct 19, 2012

Turkish Exports Continue to Grow Strongly in September

At 11.4 billion USD Turkish exports increased by 7.4% year on year in September. The year-to-date performance is even more impressive, with 111.4 billion USD taking us up 12.1% compared to the same period in 2011. Par for the current course automotiv...
by Spot Blue on Oct 18, 2012

Turkish Unemployment Falls to New Lows as FDI Pours In

According to the latest data from Turkstat, 8.2% of the working Turkish population was out of work as of May, the lowest level since 2005. As the Turkish economy continues to perform extremely well, the country continues to attract increasing amounts...
by Spot Blue on Aug 16, 2012


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