ISTANBUL, April 18 Turkey's slumping housing
market is getting some support from foreign property investors,
especially from the Gulf region, who are drawn by the weak lira
and a government effort to ease the path to Turkish citizenship.
ISTANBUL After three false starts and a labor protest over harsh working conditions, Turkey will fully open a new airport in Istanbul this week that will give its fast-growing flagship airline a platform to challenge Gulf rivals for regional dominance.
ISTANBUL A Turkish government amnesty on unregistered construction work is endangering lives, engineers and architects warned after an illegally extended residential building collapsed in Istanbul and killed 21 people. | Video
ISTANBUL, Feb 22 Turkish real estate and
construction company Babacan Holding is planning to invest 200
million euros ($227 million) in geothermal energy and 120
million lira ($23 million) in the logistics sector, the
company's chairman said on Friday.
ISTANBUL The shelf of heart disease drugs in Hulya Akpinar's Istanbul pharmacy is almost bare, and patients seeking medicine for blood pressure and diabetes leave empty-handed.
* Turkish mills had already slashed output due to U.S.
LONDON/ANKARA The European Commission's move to extend its steel import restrictions threatens to force Turkish mills, already buckling under the weight of U.S. tariffs, to cut production further or in some cases close down, sources said.
ISTANBUL Turkey has slashed the financial and investment criteria for foreigners to become Turkish citizens, in a move expected to double annual property investment by foreigners to around $10 billion, according to sector officials.
ISTANBUL, Sept 13 Turkey ruled on Thursday that
property sales, rental contracts and leasing transactions must
be made in lira from now on, halting the use of foreign
currencies for such deals in a fresh step to support the ailing
ISTANBUL Turkey has required exporters to convert the bulk of their overseas revenue into lira, a surprise move designed to support the tumbling currency, but one that industry officials say could lead to losses for manufacturers.