News

June 27, 2023

The situation on Turkey's roads during the holidays

While locals and tourists share photos of a deserted Istanbul on social media, all other highways are quite busy. Locals are traveling en masse to see family and loved ones. Despite the increase in the number of patrol cars and police officers on the roads, the number of accidents has increased. Authorities are asking drivers to be responsible and obey traffic rules. Plan trips in advance, taking into account traffic jams and possible delays.
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June 27, 2023

Additional buses for summer in Mersin

The Mersin municipality has added additional flights on routes leading to suburban beaches and mountainous areas. Bayram Demir, head of the public transportation department, said, "Since Mersin has a very hot climate, in the summer our citizens travel from the city center to the countryside and coastal areas. The population density is decreasing in the city center and increasing in the suburbs, so we have increased the number of flights to these destinations on both weekdays and weekends. In particular, we have added flights to areas such as G zne, Ayvagedigi, Arslank y, Çamlıyayla, Erdemli, Tashu u and G lnar.
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June 27, 2023

A branch of the SDEK company opened in Istanbul

A branch of the SDEK company, which provides services for the delivery of goods up to 100 kg inside the country and to Russia and Kazakhstan, was opened in Istanbul. The area of the new center is 2,000 m2. The announced delivery time is 8-10 days. The company also offers services in financial logistics, customs clearance, B2B-transit, and even purchase of goods.
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June 26, 2023

Minister of Culture and Tourism visited Alanya

The Minister of Culture and Tourism, Mehmet Nuri Ersoy, paid a visit to Alanya. Here he held a series of meetings with local authorities and entrepreneurs. The current tourist season and the city's plans for tourism development were discussed. The aim is to make Alanya such a resort that tourists visit not only in summer but also throughout the year. After resolving current issues, the minister and the mayor took a walk through the historical center and visited the Red Fortress.
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June 26, 2023

VTB to launch transfers to Turkey and India by the end of 2023

According to TASS, VTB will launch transfers to Turkey and India by the end of 2023. The statement was made by Anatoly Pechatnikov, Deputy Chairman of the Bank's Management Board, at the St. Petersburg International Economic Forum.
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June 26, 2023

Turkish Airlines is the most expensive brand in Turkey

Turkish Airlines has once again become a leader in the list of the top 100 most expensive brands in Turkey. According to the latest data, the market value of the company exceeded 2 billion dollars. The company is known for its quality service, extensive network of international flights and high safety standards. At the second place of the list was the company Ar elik. Its market value reached 1.5 billion dollars. Ar elik is a leading manufacturer of home appliances in Turkey, offering a wide range of products.
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June 25, 2023

Conservation of a rare species of turtle in Turkey: please be careful!

Sea turtles in Turkey have started their egg-laying period. Authorities ask tourists and locals to be careful and cautious, especially in places where the turtles have already laid eggs. Such places are always fenced and marked with bright ribbons. The fines for damaging such clutches are quite impressive, as the Turks are very sensitive to this endangered species of turtle.
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June 24, 2023

Cabs in Antalya Province have gone up by 25%.

According to the new rates a car will cost 14 liras, and the cost per kilometer will be 20 liras. The minimum cost of a short trip around the city will be 60 liras.
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June 24, 2023

Ban on rent increases extended for another year

The head of the Ministry of Justice of Turkey, Yilmaz Tun announced the extension of the ban on increasing rents by more than 25%. The ban was extended for another year. At the same time, inspections of rented apartments in Antalya. During the inspections 46 owners of the apartments were found not to send data on the tenants. The total amount of fines issued for unregistered tenants was 1 million 701 thousand 674 liras.
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June 24, 2023

From North Cyprus to Turkey in 2.5 hours!

The leading shipping company of TRNC, Akg nler Shipping, has launched voyages to Turkey on the fast ship Flying Anka. The voyage time will be 2.5 hours. The ship can carry 13 automobiles. There is also a VIP lounge for 6 persons on board.
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June 22, 2023

Annual house price growth in Turkey 

Home price growth in Turkey continues to impress, reaching significant levels as of May 2023. According to the new data, the growth was 116% in Turkish liras. The average selling price per square meter in the country was 18,862 Turkish lira ($796), and the average value of a property was 2.5 million Turkish lira ($105,550).
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June 22, 2023

Turkish Central Bank raises key rate for the first time in 27 months 

The Turkish Central Bank has decided to raise its key rate from 8.5 percent to 15 percent as part of a crackdown on the country's economy. Simultaneously with the rate hike, the Turkish Central Bank sent a harsh signal to the market. "Monetary policy tightening will continue to intensify as needed, in a timely and gradual manner, until a significant improvement in the inflation outlook is achieved. Inflation indicators will be closely monitored, and the Central Bank will continue to use all instruments at its disposal decisively in line with its core objective of price stability," Central Bank officials said.
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