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UAE firm plans Turkish investment

A delegation from Turkey has visited the United Arab Emirates to hold talks with the real estate firm Tameer Holdings, who are interested in entering the Turkish market.Representatives from the Turkish Ministry of Commerce, the Turkish Parliament and the Turkish councillor, attended a dinner held by the company at Emirates Palace last night (Wednesday, November 28th).The event was part of the 11th International Business Forum and follows Tameer Holdings' announcement at Cityscape Dubai 2007 that it would be interested in pursuing investment opportunities in Turkey.President of Tameer...

29-11-2007 - read more...

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Erdogan: Economic success has private sector to thank

Turkey's prime minister Recep Tayyip Erdogan has attributed the rapid growth of the country's economy in recent years to the private sector.Speaking at an awards ceremony, Mr Erdogan praised the Turkish contractors who are working abroad under difficult circumstances and said that his government had managed to attract a high level of investment into Turkey by travelling the world to advertise the country's potential, reports the New Anatolian.He also highlighted Turkey's political stability as a reason why the economy is in such a healthy state at present.Mr Erdogan told the publication:...

20-11-2007 - read more...

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Turkey one of top emerging markets

Turkey has been cited as one of the top emerging markets globally, surpassed only by China and Peru on a global level.The 66 per cent returns of the Istanbul Stock Exchange's benchmark index means the country has become a major attraction for foreign investors, reports Dow Jones.Managing director of Turkven Private Equity, Seymour Tari, told the news provider: "You can go in, you can go out. The lira is fully convertible."He continued: "There are no capital controls. People who have invested in Turkey in the last four to five years have made a lot of money."Direct foreign...

19-11-2007 - read more...

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TransAtlantic has Turkey in its sights

TransAtlantic Petroleum, the US-based oil and gas giant, has announced plans to focus its efforts on Turkey, Morocco and Romania.The firm made the announcement after divesting two interests in the US worth a total of $4.25 million.TransAtlantic said it wanted to reduce its US operations in order to make resources available for further expansion in Europe and north Africa.The firm maintains some interests in the US and is also involved in oil exploration projects off the British coast in the North Sea.Turkey is becoming an increasingly important partner for the West in ensure the reliable...

13-11-2007 - read more...

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Turkey benefits from training scheme

An e-learning programme for North Africa and Middle East Mediterranean countries has received a boost with the completion of a 'train the trainers' package. Giunti Labs has produced a range of materials to help prepare governmental departments and other public and private partners for component four of the EU's Mediterranean European Development Action - Education and Training for Employment (Meda-ETE) project. Component four aims to improve education and training in ten countries including Turkey, Tunisia and Israel, meeting the increasing demand for new types of qualifications in the...

08-11-2007 - read more...

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Airport reopening to boost investment in Turkey

Sinop Airport is set to reopen in 2008, a move that will come as good news for those people considering investment property in Turkey.The airport has been closed since 2002 for major maintenance and renovation work. Its reopening will provide a boost for the city's economy, tourism and development, reports the Dogan News AgencySinop governor Zeki Sanal said at a press conference: "We are very determined to provide air transportationto solve the transport problems of the city. "The General Directorate of State Airports Authority of Turkey put up for tender on August 24th the...

07-11-2007 - read more...

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