Category Archives: Turkey Lifestyle News

Turkey sees 38% Tax Free Shopping increase in 2009

Global Refund Turkey has recorded an increase of 38% in Tax Free shopping in January and February in 2009, compared to statistics from the same months in 2008. The report claimed that people from the Russian Federation and Northern Cyprus used this tax free system most frequently. Compared to 2008, the percentage of purchases made [...]
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Turkey co-hosts the ITB travel tourism fair

Some may be aware that that the 43rd edition of the ever popular European travel exhibition commenced on the 11th of March. The International Tourism Bourse, or ITB, basically offers an opportunity for the representatives of the global travel industry to come together. In 2008, the ITB exhibition recorded 177,891 visitors that were attracted by [...]
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Will Turkey’s “wealth amnesty” program help increase market liquidity?

Several countries around the world are focusing on increasing liquidity in their respective markets due to the global economic climate. Turkey has ensured this by launching the “wealth amnesty” program. This program basically ensures that all Turkish citizens are able to invest funds back into their country with ease. Such incentives and policies have ensured [...]
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Turkey and Iran sign transportation MoU

Turkish and Iranian ministers of transportation have signed a memorandum of understanding (MoU) yesterday in Tehran. The Turkish transport minister also met with the Iranian president, during his visit to Tehran. Â Turkish Transportation Minister, Binali Yildirim, and his Iranian counterpart, Hamed Behbahani, finalised the MoU that will cover land, air and sea based transportation [...]
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Bodrum summit welcomes 8 countries

Bodrum is already one of Turkey’s most popular holiday hot spots, but the region is continuously looking at improving its other aspects. Bodrum’s summit, entitled Mediterranean Local Administration Partnership Program, is one of the many ways the region is looking to improve its local economic prosperity.  Bodrum’s summit welcomed delegations from five other countries [...]
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Turkey enters top 10 holiday hot spots list

Turkey’s popularity as a tourist destination was once again evident as the country was added to a list of the top 10 holiday hot spots in Europe. According to a survey conducted by one of England’s prominent travel agency, a few of Turkey’s popular holiday spots were ranked amongst the best in Europe.  The [...]
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Turkey, Africa boost business ties

Turkey is aiming to increase trade with the African continent to $50 billion by 2013. In order to achieve this, Turkey has started to draw up strategic economic partnership policies with a number of Africa countries, where the opportunity and potential rate of growth is seen to be much higher in trade volume.
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Turkey welcomes over 1.3 mn tourists this fall

Turkey’s touristic sites demonstrated their popularity once again as they attracted a great number of tourists this autumn after an ever crowded summer season. Economic prices and lingering summer weather made Turkey the preferred holiday destination for tourists.
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Turkey to attract $20 billion in foreign direct investment

Turkey is predicting a sum of $20 billion in foreign direct investment (FDI) for 2009. On a recent trip to Ankara, Kürşad Tüzmen, Turkey’s Foreign Trade Minister has described the country as a safe spot for foreign investment.
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Turkey attracts UK Holidaymakers

Turkey has continued to attract greater number of British holidaymakers, evident by the increase in summer vacation bookings to the Eurasian country. The surge in the number of British holiday makers travelling to Turkey has also been influenced by fluctuations in the value of pound against the Euro. This has made Turkey a relatively more [...]
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