Turkey lifts limit for university admission for foreigners

Turkey’s top university authority announced yesterday that the limitations on the number of foreign students seeking to study in Turkish universities has been abolished. Thus, universities will be able to expand their 50 percent quota for foreign students, a positive move in the government’s drive to make Turkey an education hub in the Middle East […]

Cargo giants applied for spots at new Istanbul airport: Minister

The largest cargo companies in the world are in a rush to secure spots at Istanbul’s new airport in-making, according to Turkish Transport Minister Ahmet Arslan. The new Istanbul airport, which will open on Oct. 29, will become a center for transportation along with passenger traffic, the minister told state-run Anadolu Agency in a recent interview.  The first phase of the airport on the northern part […]

Cycling: Tour of Turkey to start on Tuesday

The 55th edition of the Presidential Cycling Tour of Turkey will start on Tuesday as a part of the “UCI World Tour” calendar for the third time. The Tour of Turkey will be held between April 16-21, competing 119 cyclists from 17 teams. Four World Tour teams are also among 17 teams which will cycle […]

Over 3.2 million foreigners visited Turkey this year

Turkey hosted more than 3.2 million foreigners during the first two months of this year, the Culture and Tourism Ministry announced Friday. The number of foreigners visiting Turkey rose 7.4 percent year-on-year in the period, official figures showed. Istanbul, Turkey’s largest city by population and a top tourist destination, attracted nearly 59 percent of all […]

Turkey creates some 550,000 new jobs in 2018

In Turkey, 549,000 new jobs were created last year, Turkey’s statistical authority announced on Monday. “The number of employed persons aged 15 years old and over realized as 28.74 million persons with a 549,000-person increase,” TurkStat said. It announced that the employment rate was 47.4 percent — 65.7 percent for male, and 29.4 percent for female — […]

Istanbul up 9 places in financial centers ranking

Istanbul’s rank jumped 9 spots in the Global Financial Centres Index (GFCI), to 59th place, according to GFCI’s latest ranking. Published twice by the London-based Z/Yen group of companies, GFCI was established to provide evaluations of competitiveness and rankings for the major financial centers by using 133 instrumental factors and 2,373 online surveys.      In its first […]

Turkish giants in force at largest real estate fair

Around 206 Turkish institutions and organizations are representing Turkey at the world’s largest real estate fair, MIPIM 2019, that kicked off yesterday in Cannes, France. A number of Turkish real estate developers are once again showcasing their projects at the world’s largest real estate fair, MIPIM 2019, which kicked off yesterday and will go on […]

Turkey awarded best overseas destination title in China

Turkey was awarded the Best Overseas Destination prize at the 6th Road Trip Festival 2019 held in China. The event was organized within the scope of “I Driver Ceremony” by China Self-Driving Club in Shanghai. According to a statement by the Culture and Tourism Ministry, Kenan Ağa, the consul at the Turkish Consulate General in […]

Norway’s sovereign fund invests $707M in Turkey

Fifty-eight Turkish companies traded on Borsa Istanbul received last year investments worth $707 million from Norway’s Oil Fund, the world’s largest sovereign wealth fund worth over $1 trillion, according to the Norges Bank Investment Management. The fund’s equity investments in eight Turkish energy companies totaled at around $111 million. It invested in Aygaz, Kardemir Karabük […]

Turkey’s exports hit all-time high of $13.6 billion in February

The sustainable increase in Turkish exports continued in February with a 3.4 percent monthly rise. The sales of goods to target markets like India and Mexico also recorded substantial growth last month The upward trend in Turkish exports was not an exception last month, and the exporters recorded the highest February figures ever, according to […]