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Nemrut: Throne of Gods

The Nemrut is a mountain of the Taurus Range. From a height of 2,206 metres it dominates the entire landscape. From whatever side you approach it, its distinctive peak can be seen. The mountain is only accessible during the summer months. The rest of the year it is covered by snow and ice. The last priest of Kommagene probably left the sanctuary on Mount Nemrut in 72 A.D., after the rebelling King Antiochos ...

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Is Turkey attractive for Brazilian tourists?

Turkey and Brazil are very important countries in their regions and the mutual recent visits from both countries have greatly contribute to the development of the bilateral relations. An interesting point is Brazilian football players currently playing in the Turkish soccer league are most important contributors to relations between two countries. These players consolidate the love for Brazil in the Turkish ...

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Improving relations with Asia; “A Priority” for developing countries

The usual practice for many developing countries – Turkey to be in the first row – has been struggling to improve commercial relations with developed countries of the western World such as Germany, England, Italy, France (EU countries) and the USA etc… Whereas in the end developing countries (sounds more decent than underdeveloped) have most often found that time has worked against them and they have given ...

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How could a foreign visitor enjoy Istanbul at its best?

What should a foreign visitor do in Istanbul to ensure he/she gets the most out of it during a short stay in this city? You are in Istanbul, one of the world’s most fascinating cities literally… You have a couple of days to spend in this fantastic environment bringing together the East and the West, the modern and authentic.. You are in such a giant city that without getting proper assistance it is practica ...

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Does European Union deserve Turkey?

When Turkey hit the road and knocked on the door of the EU decades ago, to eventually become a full member, the economic picture of the country was almost hopeless. The reason was there was so much Turkey had to do in order to reach the level of economic and cultural welfare required for accession at the time, that the mission almost seemed to be impossible. However during the last decade in particular and ...

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Turkey’s credit rating upgraded to investment grade by Moody’s

It was announced by Deputy Prime Minister Ali Babacan that Moody’s had upgraded Turkey’s credit rating to investment grade, yesterday. First comments came from Ali Babacan and Economy Minister Zafer Çağlayan who expressed this move was long due. Turkey raised hopes again to attract more foreign funds when Moody's raised Turkey's long-term credit rating by one notch to "Baa3," the bottom of investment grade ...

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Infrastructure & Construction in Iraq.. 1st summit after elections

The Iraq Infrastructure & Construction Summit will take place 22-23 May in Dubai, just after the Iraq local elections With less than a month to go, the Iraq Infrastructure & Construction Summit hosted by global summit organiser, IRN will take place 22-23 May at the Jumeirah Beach Hotel in Dubai. Supported by the Deputy Prime Ministers Office, Ministry of Transportation, Ministry of Construction and ...

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Erdoğan’s visit to USA and importance of FTA between 2 countries

Prime Minister ERDOGAN flew to the USA on Wedenesday 15th May, to meet with President OBAMA and conduct talks with other officials. Erdogan has taken some top important files with him to discuss with Obama such as; The situation in Syria, prospects of an international intervention, trade agreement signed between the United States and the European Union and the negative burden it will bring to Turkey as well ...

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Waste management and electricity production in Turkey

In Turkey, 50,000 tons of garbage is produced everyday which corresponds to 1,5-2 kgs of garbage per residence on top of industrial and medical wastes. Like with many developing countries Turkey has to cope with the problem of disposal of such wastes without separate collection which is considered to be a major threat for public health. The administration being aware of this challenge luckily, has attribute ...

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Gübretaş.. A giant Turkish company in fertilizer sector

GÜBRETAŞ proceeds on its way with the vision to become "a giant and a leading company in Turkey and establish itself as a well-known brand in the world".  In order to reach this objective, it has adopted the investment strategy in the countries having raw material resources; and in 2008, the consortium, led by GÜBRETAŞ, has purchased Iran's Razi Petrochemical Company. Being the largest industrial investment ...

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Is Turkey the real winner of the war in Iraq?

The USA came to Iraq to bring democracy and peace. It took ages before the Americans left the country back home leaving millions of dead people in Iraq. The question has always been “Has this giant operation been successful to accomplish its mission? Is true democracy and peace established in Iraq, now?”. The answer is not very encouraging we are afraid as could be figured out judging on the chaos and bruta ...

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Tourism revenues increase to US$ 5 billion in 1st quarter 2013

Turkish Statistical Institution has revealed that Turkey’s tourism revenues wnet up toUS$5 billion in the first quarter of the year, with a 38.6 percent increase on the previous year. It reported that this promising development is due to the increase in tourist numbers by 18.7 percent, surpassing 5 million in total in three months. Revenues have surged due to a sharp increase in tourists as well as their in ...

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Real Estate in Turkey (by Semiha Unal)

Istanbul, a giant city with historical and cultural resources and enormous business opportunities is challenging world giants such as Moscow, Paris, London, Tokyo, New York and many more. Istanbul was described as the most promising place for real estate investments in 2012. The number of modern shopping centers increased from 44 to 284 between 2000 and 2011.Turkey, as a regional hub providing easy access t ...

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Iraq Infrastructure & Construction Summit to take place on May 22-23

IRN, the global summit organiser has announced that the Iraq Infrastructure & Construction Summit is due to take place in Dubai on May 22-23. This exclusive senior level meeting is supported by the ‘Ministry of Construction and Housing, Iraq’, Ministry of Municipalities’, ‘Reconstruction & Development Bureau, Iraq’, ‘Baghdad Provincial Council’, ‘UK Trade & Investment’, ‘British Water’, ‘Deputy ...

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Turkey represented at 2013 BIO International Convention

Surveys show that Turkey’s biotech sector provides a fertile ground for international biotechnology and pharmaceutical companies seeking growth opportunities in a strategically located emerging country. In fact, sectors like husbandry and poultry make use of the new products launched in the market in considerably big quantities. Some suppliers prefer to produce locally whereas some others prefer to operate ...

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Healthcare Sector: A promising source of revenue for Turkey

A few decades back many Turkish citizens used to fly abroad and USA in particular to get medical treatment as the belief at the time was that the country did not provide satisfactory prospects of medical treatment due to lack of up-to-date technology and equipment mainly. Today however the picture has totally changed and the country has been receiving thousands of patients from abroad seeking cure and the o ...

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Foreigners buying homes in Turkey now granted residence permits

Turkey is considered to be one of the most promising real estate markets in Europe. It is now reported that Turkey has started to issue residence permits for foreigners who buy homes in this country. This right to obtain residence permit is granted regardless of the price of the property acquired. Turkey has recently revised the law governing residency rules and regulations for foreigners buying homes in Tu ...

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Balkans Infrastructure & Construction Summit to be held in Vienna

IRN (International Research Networks) has annnounced that the Balkans Infrastructure & Construction 2013 Summit, is going to be held in Vienna, Austria, on the 29th – 30th May 2013. The group has also declared that ministers from Croatia, Bosnia & Herzegovina, Albania, Serbia, Montenegro & Republic of Macedonia are going to participate in the summit. IRN is known for organising high-profile summ ...

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Unemployment rate goes up to 10.6% as of January 2013

Turkish Statistical Institute has published a report to cover unemployment in Turkey. The report goes as follows; Number of unemployed persons increased by 226 thousand persons in the period of January 2013 (1) and has reached to 2 million 890 thousand persons in Turkey. Unemployment rate realized as 10.6% with 0.4 percentage points increase. Non-agricultural unemployment rate was realized as 12.9% with 0.5 ...

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Report: Poultry Production in Turkey, February 2013

The Turkish Statistical Institute has published a report about poultry in Turkey. The sector has taken some big steps in last decades and is equipped with update technology. White meat consumption in the country is not satisfactory yet, as Turks often prefer to eat red meat. The report about the performance of the industry is below; Hen egg production was 1.3 billion units Hen egg production decreased 7.7% ...

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What did investors win on Istanbul stock market in w/c April 8th?

In w/c April 8th, while investors made profit in the stock market, dollar and commodities lost value. The profit Borsa Istanbul (Bist) provided for its investors stood at an average of 3,06 percent. The selling price of 24-carat gold bullion fell down to 88.50 pounds showing a decrease of 2,43 percent. Following the announcement of Credit rating agency Moody’s last week, which said the process of solving th ...

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Erdoğan says Turkey has become safe haven for foreign investors

On his visit to Kyrgyzstan PM Erdoğan said Turkey had turned into a  safe haven thanks to economic success achieved through appropriate fiscal policies and structural reforms implemented in the last 10 years. Prime Minister who held meetings the Kyrgyz President Almazbek Atambayev and Prime Minister Jantoro Satybaldiev in Bishkek, also attended the second meeting of the Turkey-Kyrgyzstan High Level Strategi ...

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Report: Turkish Industrial Turnover Index, February 2013

Industrial Turnover Index in February 2013 increased by 4.9% compared with the same month in previous year. In the sub sectors level of industry, mining and quarrying index decreased by 4.2%, manufacturing index increased by 5.3% in February 2013 compared with same month of the previous year. Industrial Turnover Index and the Rate of Change (2010=100), February 2013 According to Main Industrial Groupings (M ...

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