Sectors

Energy

Turkey builds largest oil and gas drilling rigTurkey spent seven billion dollars last year on drilling and exploration and five billion dollars on importing drilling equipment.

Turkey's largest domestic drilling rig built by a Turkish manufacturer was unveiled by Energy Minister Taner Yildiz on Thursday.

Speaking to the press during the opening, Yildiz said that the rig, which can drill for oil, gas or geothermal at a depth of 10... Add a comment

Real Estate

“Housing sector will continue to be leading sector for Turkey’s economic growth” According to the “Overview of the Real Estate and Housing Sector” report by Emlak Konut REIC that is the largest and state-run real estate investment company in Turkey, construction and housing sector will continue to be leading sector for economic growth.  

In the report, trends, housing prices in Turkey and abroad, and effects of global economic developments to the housing sector... Add a comment

Tourism

The number of ‘Islamic hotel’ reaches 75 in TurkeyIn Turkey, there are 75 tourism facility, which is introduced as ‘Islamic hotel’, ‘conservative hotels’ and ‘halal tourism’. 

According to the data of Mediterranean Tourist Hoteliers Association (AKTOB), both Yalova (northwestern city) and Alanya (a resort city of Mediterranean region) has been ranked first with 9 Islamic hotels. This kind of hotels that was limited with certain... Add a comment

Automotive

Ford commissions second engine test facility in Turkey Ford Otosan, the joint venture between Ford Motor Company of USA and Turkey’s Koc Holding, has commissioned a new engine test facility at its Inonu plant in the Central Anatolian province of Eskisehir. 

The first of its kind in Turkey, the facility will handle heavy engines of over 13 liters of capacity and will play a vital role in the design, development and endurance testing of the... Add a comment

Health Care

Turkey among top 10 medical tourism destinations High quality treatment options offered by Turkish medical facilities at reasonable prices continue to attract hundreds of thousands of foreign healthcare seekers. The rapid growth observed in Turkey’s medical tourism in recent years has placed the country among the top 10 healthcare destinations globally, according to advisory firm Deloitte’s 2014 Global Life Sciences Outlook.

Assessing... Add a comment

Media

Turkey to be candidate 2022 Golf TournamentAfter achieved success in Turkish Airlines Open 2013 Golf Tournament that was held at Antalya in the previous week. So Turkey will make an offer for the 2022 Ryder Cup to be held in Turkey. 

Turkey Golf Federation President Ahmet Ağaoğlu said that, we will make an offer to be held of the European Tour's final series in Turkey, this offer should be seen as important point for the 2022... Add a comment

Transportation

The Project of the Century ‘Marmaray’ comes true in İstanbulThe Project of the century Marmaray will come on stream on October 29. The slogan of the Project, dreams come true, 2 continents in 4 minutes and one million passengers per day. The Marmaray Project connecting the Asian and European sides of İstanbul through railway tunnel connection under the Istanbul Strait will be opened on October 29, the 90th anniversary of the Turkish Republic's... Add a comment

Agriculture

8 trillion dollars of  agricultural estate is new favorite for financial investors throughout the worldInvestments on agricultural estate increase. Financial investors tend towards agricultural estate to diversity their portfolios. World population is growing rapidly. Agricultural productions have to be increased to satify needs. The expected rise on agricultural production will provide increase on agricultural estate prices and offers new opportunities for those who want to diversify their... Add a comment

Education

Result of undergraduate placement exam has increased real estate pricesResult of undergraduate placement exam has enlivened the three largest provinces of Turkey.

According to datas from sahibinden.com, Result of undergraduate placement exam has increased real estate prices. The highest increase in prices have realized at Beyoğlu. The rental average price was 1.000 TL. It has reached 1.250 TL in a month by 25% rise. During examined period, the most expensive... Add a comment

Telecom & IT

10% growth in communication in TurkeyInformation and Communication Technologies Authority of Turkey President, Tayfun Acarer stated that at least 10% growth is calculated in the sector for 2012; and 44 billion dollars of growth is also expected. Acarer, attending Vodafone’s innovation base, Oksijen R&D’s new center’s opening ceremony, added that Vodafone Turkey started to work like an Internet provider; and now... Add a comment
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