Sectors

Real Estate

“We do not expect the demand insufficiency in middle and long-term”Ömer Faruk Çelik, Chairman of Housing Developers and Investors (KONUTDER), said that while millions of families live with the earthquake threat, it is wrong to expect that new and earthquake-resistant houses would not be demanded and would be inactive. 

Evaluating the building permit statistics that released by TurkStat, Çelik stated that housing sector has slowed in the first half of... Add a comment

Energy

Turkey will turn the lights on in GazaAn official from Turkish ship company sending floating power generating ship to Gaza says the electricity generating vessel will ease the power crisis in Gaza to a great extent.

A Turkish floating power-generating ship is due to sail for Gaza in the next 120 days if the necessary permits for crew members are completed in time, confirms Turkish shipbuilding company chairman. 

"If the... Add a comment

Media

Istanbul weds more and more foreign couplesAn increasing number of foreigners choose Turkey for their wedding celebration.

"We couldn't think of anywhere better for a wedding than by the Bosporus in Istanbul."  

Stephanie, from Scotland, and her northern Irish husband Henry had their wedding in the historic Sultan Ahmet Square in Istanbul, the sporting and social center of Constantinople hundreds of years ago. 

Having previously... Add a comment

Automotive

Hyundai gives new luxury sedan a Turkish name, 'Aslan'Korea's largest automaker Hyundai Motor unveils its new AG luxury sedan, "Aslan," Turkish for lion, Sunday. The front-wheel drive sedan with a strong-looking exterior, classic interior and sound driving performance will be launched later this year. Korea's largest automaker announced that it confirmed the name of AG (project name) as such.

AG was unveiled to the world at the Busan... Add a comment

Agriculture

Nut price surge could leave Nutella-lovers shelling outFans of chocolate spread Nutella or the hazelnut-filled Ferrero Rocher could soon be facing rising bills for their nutty treats because of poor weather in Turkey.       

Prices of hazelnuts have surged in recent weeks after cold late winter weather and bitter frosts caused a poor harvest in the nut's chief exporter Turkey. The rise has been so sharp it risks driving up the prices of... Add a comment

Tourism

Turkey to attract more tourists from BRICSTurkey, visited by nearly 40 million foreign visitors annually, will try to attract more tourists from new markets such as Brazil, Russia, India, China and South Africa. 

The Director General for Promotion at the Ministry of Culture and Tourism, İrfan Önal said they would go abroad to promote Turkey in BRICS countries that have huge populations.

"Through the end of August, we will meet... Add a comment

Transportation

Turkish Airlines aims for 60 million passengersTurkish Airlines also aims to fly 14 million transit passengers in 2014.

Turkish Airlines' goal is to fly 60 million passengers in this year, the board chairman told the Anadolu Agency on Friday.

This would represent an increase of a quarter on last year's figure of 48.3 million.

Hamdi Topcu said that by the end of 2014, Turkish Airlines will have flown 14 million transit passengers (23... Add a comment

Health Care

Strong growth prospects drawing pharma giants to Turkey Presenting huge investment potential with its large population, skilled labor force and an advantageous geographic location, Turkey ranks high on the list of global pharmaceutical companies looking for new growth markets.

Currently the 6th largest in Europe and 16th globally, the Turkish pharmaceutical sector is forecast to hit a volume of USD 23 billion by 2023, up from today’s USD 8... Add a comment

Telecom & IT

Information technologies sector to grow 12 percent in 2015Tayfun Acarer calls for industry infrastructure to match growth of data in Turkey at Istanbul awards ceremony.

The head of Turkey's information and telecommunications body, Tayfun Acarer, has urged companies to invest more in infrastructure as the Turkish communication market grows rapidly.

In a speech at the Information Technology 500 awards ceremony in Istanbul on Wednesday, Acarer said... Add a comment

Education

Turkey to become worldwide brand in educationTurkey launches "Study in Turkey" project to attract more international students.



Turkey is aiming to be a worldwide brand in international education with its new project "Study in Turkey", Turkey's higher education chief said at an international education conference on Friday.

Gokhan Cetinsaya, the head of the Higher Education Council told that Turkey is making huge efforts in the... Add a comment
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