Istanbul luring cash rich investors from all over the world

Blue Mosque Istanbul

Lured by relaxed laws, a thriving economy and good prices, investors are turning to Istanbul. Overseas investors have traditionally headed for Turkey’s south coast, snapping up holiday homes in Fethiye, Bodrum and Antalya. But an influx of buyers from Russia and the Middle East are increasingly turning to property in Istanbul – attracted by the … Continue reading

Japan high on investing in Turkey

Zafer Caglayan

Turkey’s Minister of Economy, Jafer Caglayan has confirmed that more Japanese companies are looking towards Turkey as an investment opportunity. Speaking during a visit to Japan, Caglayan said: “Insurance company Dai-ichi expressed interest in investing in Turkey via a partnership and is looking for local partners. Japanese companies see Turkey as a production and management … Continue reading

Turkish exports up in May

Data released has shown that Turkish exports were up 7.3 percent in May compared with the same period last year to reach 11.8 billion USD in total. Figures released by the Turkish Exporters Assembly (TIM) show that in the first five months of 2012, Turkey has exported a total of 59.8 billion USD worth of … Continue reading

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

China and Turkey could invest billions together

Wen Jiabao, Recep Tayyip Erdogan

Turkish Prime Minister, Recep Tayyip Erdogan has called on Chinese investors to invest in Turkey as the two leading growing economies in the world increase business ties between one another. Speaking during a visit to China, the first Turkish Prime Minister to visit China in 27 years, Erdogan said: “Chinese investors should take advantage of … Continue reading