Istanbul in top 10 global business centres

istanbul investment

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 … Continue reading

Turkish singer jailed for drug dealing

Deniz Seki Prison

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 … Continue reading

Unemployment in Turkey drops to 10.4 percent

employment in Turkey

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 … Continue reading