Türkiye-Germany Investment Conference Highlights Türkiye's Competitive Edges Showcasing Türkiye's Investment Landscape The Investment Office hosted the Türkiye-Germany Investment Conference themed "Türkiye as an Investment Destination" at the Turkish Embassy in Berlin. The event brought together business leaders and public officials from both Türkiye and Germany, providing a valuable platform to...
Turkey Emerges as Southern Europe's Leading Tourism Destination Turkey has cemented its position as a top-performing country in travel and tourism, both globally and in Europe, according to the Travel and Tourism Development Index (TTDI) 2024 report, Turkey Emerges as Southern Europe's Leading Tourism Destination. The latest index, published by the World Economic Forum (WEF) in partnership with the...
Turkey's Economic Fortunes Brighten: Fitch Ratings has upgraded Turkey on Tighter Monetary Policies In a significant turn of events, Fitch Ratings has upgraded Turkey long-term foreign currency issuer default rating from "B" to "B+." This upward revision comes as a result of the country's proactive stance on monetary policy, aimed at reining in inflationary pressures. Fitch's decision underscores the...
Turkey Attracts Over $10 Billion in Foreign Investment Despite Global Slowdown Exciting news for Turkey! The Central Bank of the Republic of Türkiye (CBRT) has announced a significant increase in foreign direct investment (FDI) in 2023, Turkey Attracts Over $10 Billion in Foreign Investment. This is a positive indication for the Turkish economy, particularly given the current global climate of decreasing...
Turkey's Economic Renaissance from JP Morgans Perspective In a recent investor meeting hosted by JP Morgan, Stefan Weiler, the Head of Central & Eastern Europe, Middle East, and Africa (CEEMEA) debt capital markets, shed light on the growing interest from the global investor community in Turkey. The shift in sentiment is attributed to significant changes in macroeconomic policies and a notable...
Turkish Contractors Shine Globally: A $501.9 Billion Milestone Turkish contractors have made an indelible mark on the global construction landscape, undertaking projects worth an astonishing $501.9 billion since 1972. After a challenging 2022, the year 2023 saw a remarkable resurgence, culminating in contracts totaling $27.392 billion in December alone. Let us delve into how Turkish contractors shine...
Turkey's Investment Office: Paving the Way for Global Business Ventures The Investment Office of the Presidency of the Republic of Turkey stands as the official entity dedicated to showcasing Turkey's investment potential to the global business community. Operating under the direct purview of the President, Turkey's Investment Office plays a pivotal role in promoting and supporting investments that...
Turkey's Economic Triumph: Turkey Achieves Record Export Figures In a momentous announcement, Turkish President Erdoğan heralded a historic achievement for Turkey's economy, unveiling a remarkable surge in exports that reached a staggering USD 255.8 billion, remarking that Turkey achieves record export figures. This 0.6 percent year-on-year increase not only sets a new record but also showcases the...
US Investment giants Pimco and Vanguard invest in Turkey after its return to interest rate hikes In recent months, U.S. investment giants Pimco and Vanguard have entered the Turkish market, expressing confidence in the country's economic trajectory following a series of rate hikes. This article delves into "Pimco and Vanguard invest in Turkey"- decisions and the factors contributing to their...
Turkish Cities Leading Global Rankings: Surprising Property Value Surges In the dynamic landscape of global real estate, certain cities have been witnessing unprecedented increases in property values. Despite the challenges posed by rising interest rates in 2023, the allure of real estate investment remains strong in popular cities worldwide. Notably, Turkey has emerged as a standout performer, with two...
