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Turkish housing sector to boom in the last quarter of the year

Thursday, July 31, 2014 Real Estate
Makbule Yönel Maya, General Manager of TSKB Real Estate Appraisal, said that there was a decrease on housing sales in the first 6 months of the year because of the high interest rates. “So far, even we have not seen the effect of interest rate cuts due to factors such as Ramadan, summer and presidential election, the…

Turkish Akfen REIT collects 4 rewards from 2013 Vision Awards

Thursday, July 31, 2014 Real Estate
Akfen Real Estate Investment Trust collected 4 rewards in 2013 Vision Awards, which is organized by League of American Communications Professionals LLC (LACP), for its annual reports. Vedat Tural, General Manager of Akfen REIT, said that as a first and only real estate investment trust in the city hotel sector, they…

Turkey’s tourism income increases to $9 billion

Thursday, July 31, 2014 Tourism
Turkey’s tourism income increased by 7.9 percent to $8 billion 975 million 976 thousand in the second quarter of the 2014 compared to the same period of the last year. 84.5 percent of income was obtained from the foreign visitors. Turkish Statistical Institute (TurkStat) released the Tourism Statistics for the second…

BBVA upbeat on overseas revenue even as Spain lags

Thursday, July 31, 2014 Enterprise
Spain's BBVA posted a lower-than-expected drop in second-quarter lending revenue on Wednesday, helped by resilience in its biggest markets Mexico and improvements in other overseas markets such as Turkey. BBVA, which makes most of its money outside its home market, said net interest income (NII), or earnings on loans…

Ankara Shopping Fest to be start on August 29

Thursday, July 31, 2014 Shopping
Ankara Shopping Fest, which was delayed due to the Soma mine disaster, will start at August 29 and will continue to until September 14 night. According to the written statement by Ankara Chamber of Commerce, Ankara, the capital of Turkey, will be also the capital of culture, art and shopping with concerts, shows and…

RECENT STORIES

July 31, 2014

Turkish housing sector to boom in the last quarter of the year

Makbule Yönel Maya, General Manager of TSKB Real Estate Appraisal, said that there was a decrease on housing sales in the first 6 months of the year because of…
July 31, 2014

Turkish Akfen REIT collects 4 rewards from 2013 Vision Awards

Akfen Real Estate Investment Trust collected 4 rewards in 2013 Vision Awards, which is organized by League of American Communications Professionals LLC (LACP),…
July 31, 2014

Turkey’s tourism income increases to $9 billion

Turkey’s tourism income increased by 7.9 percent to $8 billion 975 million 976 thousand in the second quarter of the 2014 compared to the same period of the…
July 31, 2014

BBVA upbeat on overseas revenue even as Spain lags

Spain's BBVA posted a lower-than-expected drop in second-quarter lending revenue on Wednesday, helped by resilience in its biggest markets Mexico and…
July 31, 2014

Ankara Shopping Fest to be start on August 29

Ankara Shopping Fest, which was delayed due to the Soma mine disaster, will start at August 29 and will continue to until September 14 night. According to the…

Lufthansa ‘excited’ for 3rd Istanbul airport

July 30, 2014 in Transportation
Lufthansa Airlines are excited by the possibility using Istanbul’s third airport once constructed, a regional Lufthansa director in charge of Turkish business…

US court orders to seize northern Iraqi oil

July 30, 2014 in Energy
At the request of the central government in Iraq, a U.S. district court in Texas signed an order on Tuesday to seize a cargo of northern Iraqi oil off the…

Paragliders color Turkey's western sky

July 30, 2014 in Places of Interest
Turkey's southwestern coast is luring paraglider pilots and tourists from around the world. Colorful paragliders soaring through blue skies have become the…

Cappadocia not promoted in Museum Card

July 29, 2014 in Places of Interest
Visuals and photos of Cappadocia have not been used in public service ads by the Culture and Tourism Ministry, which aims to promote the use of Museum Cards,…

Channel built by Urartian king to serve Van tourism

July 29, 2014 in Places of Interest
Constructed by the Urartian King Menua in the eastern province of Van’s Gürpınar district to carry water to the city center, the Şamran channel is one of the…

Turkish trucks waiting to pass through Iran border as Iraq's is insecure

July 29, 2014 in Middle East
A queue of Turkish trucks, as long as 12 kilometers, is waiting to pass through the Iran border- crossing of Bazargan as militants of the terrorist group ISIL…

Most Muslims to celebrate Ramadan feast

July 28, 2014 in Culture & Art
More than one billion Muslims around the world bid farewell the holy Ramadan month while welcoming three day long feast. Turkish people and most Muslims around…

Russia, Turkey raise gold holdings for 3rd straight month -IMF data

July 28, 2014 in Finance
Russia and Turkey lifted their gold holdings in June as both countries increased their bullion reserves for a third consecutive month, data from the…

Turkey's Cukurova set to recover disputed $1.6 billion Turkcell stake

July 28, 2014 in Enterprise
Turkey's Cukurova is close to recovering a controlling stake in telecoms firm Turkcell (TCELL.IS) after a British court said it had agreed financing terms and…

Turkey eases Syrian refugees entry into formal economy

July 27, 2014 in Finance
Syrian refugee: “Syrians brought dynamism to trade here in Gaziantep” Gaziantep, a southeastern city that is hosting one of the largest Syrian refugee…

Apple earnings increases after strong iPhones sales

July 27, 2014 in Enterprise
Tech giant Apple reported a 6 percent increase to $37.4 billion in quarterly revenue after selling 35.2 million iPhones. Tech giant Apple reported Tuesday a 6…

Turkey sets to become a global hub center for angel investing

July 27, 2014 in Finance
The number of people who obtain the angel investor license from Treasury Department of Turkey at the end of the June has become 259, increasing at a rate of 56…

Online devices to soon consume more energy than Russia

July 26, 2014 in Energy
The total number of online access devices projected to rise to 50 billion in 2020 and 100 billion in 2030. As the world struggles to find new forms of energy,…

World tourism grows 5 percent, says UNWTO

July 26, 2014 in Tourism
Demand for international tourism remained strong in the first four months of 2014 according to the latest UNWTO World Tourism Barometer, with tourist arrivals…

Turkish business world backs boycott of Israeli goods

July 26, 2014 in Finance
A worldwide boycott could alter the Israeli economy, enterpreneurs told Anadolu Agency. Turkish enterpreneurs are backing a boycott of Israeli goods in…

Turkish housing sector to boom in the last quarter of the year

Turkish housing sector to boom in the last quarter of the yearMakbule Yönel Maya, General Manager of TSKB Real Estate Appraisal, said that there was a decrease on housing sales in the first 6 months of the year because of the high interest rates. 

“So far, even we have not seen the effect of interest rate cuts due to factors such as Ramadan, summer and presidential election, the last quarter of the year will be the most active period for house... Add a comment

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Turkish Akfen REIT collects 4 rewards from 2013 Vision Awards

Turkish Akfen REIT collects 4 rewards from 2013 Vision AwardsAkfen Real Estate Investment Trust collected 4 rewards in 2013 Vision Awards, which is organized by League of American Communications Professionals LLC (LACP), for its annual reports.

Vedat Tural, General Manager of Akfen REIT, said that as a first and only real estate investment trust in the city hotel sector, they develop their projects with the responsibility of being a model for the... Add a comment

Read more...

BBVA upbeat on overseas revenue even as Spain lags

BBVA upbeat on overseas revenue even as Spain lagsSpain's BBVA posted a lower-than-expected drop in second-quarter lending revenue on Wednesday, helped by resilience in its biggest markets Mexico and improvements in other overseas markets such as Turkey.

BBVA, which makes most of its money outside its home market, said net interest income (NII), or earnings on loans minus deposit costs, fell just under 1 percent from a year ago to 3.65... Add a comment

Read more...

Ankara Shopping Fest to be start on August 29

Ankara Shopping Fest to be start on August 29Ankara Shopping Fest, which was delayed due to the Soma mine disaster, will start at August 29 and will continue to until September 14 night.

According to the written statement by Ankara Chamber of Commerce, Ankara, the capital of Turkey, will be also the capital of culture, art and shopping with concerts, shows and fashion shows. 

During the festival which will end on September 14th, all... Add a comment

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Lufthansa ‘excited’ for 3rd Istanbul airport

Lufthansa ‘excited’ for 3rd Istanbul airportLufthansa Airlines are excited by the possibility using Istanbul’s third airport once constructed, a regional Lufthansa director in charge of Turkish business affairs has said.

The Turkey, Iran and Iraq Director Stefan Löcherbach said that the German airliner expects the new Istanbul new airport to become a flight hub in the region by providing the necessary service to meet the growing... Add a comment

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US court orders to seize northern Iraqi oil

US court orders to seize northern Iraqi oilAt the request of the central government in Iraq, a U.S. district court in Texas signed an order on Tuesday to seize a cargo of northern Iraqi oil off the coast of Texas.

The United Kalavrvta tanker, which is carrying a $100-million cargo of oil shipped from northern Iraq, arrived in Texas on Saturday and was given clearance on Sunday to discharge its cargo on U.S. soil for delivery.

The... Add a comment

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Paragliders color Turkey's western sky

Paragliders color Turkey's western skyTurkey's southwestern coast is luring paraglider pilots and tourists from around the world.

Colorful paragliders soaring through blue skies have become the face of Turkey's Muğla region, luring adrenaline-seeking adventurers and tourists from across the world.

Towering above the stunning Blue Lagoon nestling on the coastline, the Babadag mountain in southwest Turkey is considered to be one... Add a comment

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Cappadocia not promoted in Museum Card

Cappadocia not promoted in Museum CardVisuals and photos of Cappadocia have not been used in public service ads by the Culture and Tourism Ministry, which aims to promote the use of Museum Cards, with tourism officials in Cappadocia voicing their discontent at the decision. 

The Museum Card application was initiated by the ministry in 2008 and provides free visits to museums and ancient sites within one year. 

During a... Add a comment

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Channel built by Urartian king to serve Van tourism

Channel built by Urartian king to serve Van tourismConstructed by the Urartian King Menua in the eastern province of Van’s Gürpınar district to carry water to the city center, the Şamran channel is one of the most important surviving pieces of architecture by the Urartian’s. Projects have been made to bring the historical channel in tourism

3,000 year-old and 51-kilometer-long water channel, which was constructed at the time of the... Add a comment

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Turkish trucks waiting to pass through Iran border as Iraq's is insecure

Turkish trucks waiting to pass through Iran aorder as Iraq's is insecureA queue of Turkish trucks, as long as 12 kilometers, is waiting to pass through the Iran border- crossing of Bazargan as militants of the terrorist group ISIL have caused instability on the Iraq border.

 

A queue of Turkish trucks, as long as 12 kilometers, is waiting to pass through the Iran border- crossing of Bazargan as militants of the terrorist group ISIL have caused instability on... Add a comment

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