Istanbul in top 10 global business centres
Istanbul is growing into one of the world’s leading financial centres after new data showed that in the last 10 years, Istanbul has risen from 40th to 10th in the world for popularity amongst financial exhibitions and events. Data from the International Congress and Convention Association (ICCA) show that Istanbul hosted 113 events in 2011 … Read more
Turkish singer jailed for drug dealing
Famous Turkish pop singer Deniz Seki has been sentenced to six years and three months in prison after being found guilty of drug dealing by the Specially Authorised Istanbul 9th High Criminal Court. Seki had previously been jailed for 10 months in 2009 for the same offence – police later recorded Seki’s phone conversations in … Read more
Unemployment in Turkey drops to 10.4 percent
Data released has shown that unemployment in Turkey levels has dropped to 10.4 percent in the three months leading to March – better than the 11.5 percent level of unemployment in the same period in 2011. A survey of more than 90,000 people found that the total number of unemployment in Turkey fell by 243,000 … Read more
Turkey to become global retail centre
CB Richard Ellis’ annual report ‘How Global is the Business of Retail?’ has predicted that the rising growth of the Turkish economy coupled with the great investment prospects in Turkey, makes Turkey hugely appealing for international retailers in the near future. The report from the global property consultancy firm followed 326 of the top retailers … Read more
Turkish hero organ donor to be remembered with memorial forest
Plans have been announced for a memorial forest to be created in Turkey to remember organ donor Nil Buket Gulergin who died in Izmir in January in a traffic incident. Gulergin was only 19 at the time of the accident; she had been treated for two weeks in a hospital where she was officially declared … Read more
