Media & Advertising Turkish President Erdogan plans visit to Saudi’s Crown Prince Turkish President Tayyip Erdogan plans to visit Saudi Arabia on Thursday and meet Crown Prince Mohammed Bin Salman as Ankara tries to mend ties with Riyadh after dropping a legal case on the killing of journalist Jamal Khashoggi in Istanbul. Relations have been tense since a Saudi hit team killed Khashoggi at the kingdom’s Istanbul […] April 27, 2022
Erdogan ready to lift all coronavirus measures in Turkey President Tayyip Erdogan said on Tuesday that Turkey is ready to lift all measures against the coronavirus, adding that mask wearing will no longer be obligatory indoors. Speaking after the final meeting of the advisory science council, Erdogan said masks will still be mandated on public transport and in medical institutions until daily new cases […] April 26, 2022
Banking & Finance Lights go out on Erdogan rival who refused to pay power bills The leader of Turkey’s main opposition party said on Thursday that he will sit in the dark for a week after power had been cut at his home as he refused to pay his bills in protest of steep hikes in subsidised energy prices. A currency crisis late last year sent inflation soaring and prompted […] April 21, 2022
Real Estate Turkey’s house price index surges 96% annually Turkey’s residential property price index (RPPI) leapt an annual 96.4% in February in nominal terms, central bank data showed on Monday, surging against abackground of rising inflation. In the country’s largest city Istanbul, home to around a fifth of Turkey’s population of 85 million, the index climbed 106.3% on the year. The surge follows a […] April 20, 2022
Real Estate Turkish house sales rise 20.6% in March Turkish house sales rose 20.6% in March on the year to 134,170 houses, data from the Turkish Statistical Institute showed on Friday. Sales to foreigners rose 31%, the institute said, with Iranian citizens topping the list. Iraqis and Russians were the next biggest buyers of Turkish properties, it added. Wealthy Russians are pouring money into […] April 15, 2022