Around 206 Turkish institutions and organizations are representing Turkey at the world’s largest real estate fair, MIPIM 2019, that kicked off yesterday in Cannes, France. A number of Turkish real estate developers are once again showcasing their projects at the world’s largest real estate fair, MIPIM 2019, which kicked off yesterday and will go on […]
Turkey was awarded the Best Overseas Destination prize at the 6th Road Trip Festival 2019 held in China. The event was organized within the scope of “I Driver Ceremony” by China Self-Driving Club in Shanghai. According to a statement by the Culture and Tourism Ministry, Kenan Ağa, the consul at the Turkish Consulate General in […]
Fifty-eight Turkish companies traded on Borsa Istanbul received last year investments worth $707 million from Norway’s Oil Fund, the world’s largest sovereign wealth fund worth over $1 trillion, according to the Norges Bank Investment Management. The fund’s equity investments in eight Turkish energy companies totaled at around $111 million. It invested in Aygaz, Kardemir Karabük […]
The sustainable increase in Turkish exports continued in February with a 3.4 percent monthly rise. The sales of goods to target markets like India and Mexico also recorded substantial growth last month The upward trend in Turkish exports was not an exception last month, and the exporters recorded the highest February figures ever, according to […]
The Turkish heavy equipment sector is setting out to take a larger share from China, the world’s largest heavy equipment market. With exports to over 130 countries, the sector aims to reach $5 billion in exports in 2023. China carries significant potential for Turkish companies in terms of getting a share of the overall market […]
Foreign construction companies are showing particular interest in construction of the shipping channel in Istanbul, the Turkish Ministry of Transport and Infrastructure told Trend Feb. 7. The preparation of the shipping channel construction project in Istanbul has been completed, according to the ministry. “The Istanbul shipping channel construction project is one of the most important […]
as the global and regional economies get increasingly exposed to protectionist tendencies, quickly changing monetary policies, and fears of a recession, now, almost everyone think that 2019 will not be an easy and stable year for global markets. The fears are more evident in the downward trend of growth indicators in Europe and the world’s […]
Turkey’s employment mobilization program looks to create 2.5 million jobs this year. With the aim of tackling unemployment in the rebalancing period, the Turkish economic administration launched another employment mobilization program, the first of which was announced in February 2017 and continued in 2018. The first two rounds of the campaign, launched with the call […]
It is “obvious” that Turkey’s path will not have to cross the IMF’s for either loans or technical support, the Turkish Treasury and Finance Ministry said on Feb. 1. In a written statement, the ministry ruled out talks with the IMF. “It is very clear that the motive for bringing up the IMF is a certain misinformation operation which lacks any […]
Turkish real estate sales to foreign buyers, which enjoyed a buoyant 2018 supported by private sector campaigns and legal amendments, has maintained its pace and saw an all-time monthly high in the first month of this year. House sales to foreigners skyrocketed by 81.9 percent year-on-year in January to 3,168. The same figure stood at […]