News

April 9, 2024

Turkish Airlines (THY), Rolls Royce and Airbus to sign $20 billion deal

Turkish Airlines (THY) is taking an important step to strengthen its position in the global aviation sector. THY, which ordered 350 aircraft last year, is preparing to conclude a trilateral agreement with Rolls Royce and Airbus on the production of components for Airbus and Rolls-Royce in Turkey. Ahmet Bolat, chairman of THY's board of directors, said the agreement would open doors to $20 billion worth of business for Turkish companies. and he stressed that it is very important to move production to Turkey. The agreement will be signed at a ceremony to be held in Istanbul on April 28 with the participation of the Ministers of Trade, Industry and Technology, Treasury and Finance of Turkey and the United Kingdom. It was also announced that THY will create a trilateral committee with Airbus and Rolls Royce, which will monitor the implementation of the agreement at production sites. Speaking about future goals, Bolat said that by 2033 the company's fleet will exceed 800 aircraft. In addition, it was stated that THY brought Turkey export revenue of $16.3 billion. and provided a net foreign exchange contribution to the Turkish economy in the amount of $8.1 billion.
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April 8, 2024

Turks took the first place in the ranking in terms of the average number of sexual partners

Incredibly, but a fact! According to a study conducted by the World Population Review platform, Turks took the first place in the ranking in terms of the average number of sexual partners. "On average, a Turk has 14.5 partners," the study says. Thus, Turkey has left behind such liberal countries in matters of sexuality as France, Brazil and many others: Turkey - 14.5 partnersAustralia - 13.3 partnersNew Zealand - 13.2 partnersIceland - 13 partnersSouth Africa - 12.5 partnersFinland - 12.4 partnersNorway - 12.1 partnersItaly - 11.8 partnersSweden - 11.8 partnersSwitzerland - 11.1 partners At the end of the list were China and India with an average of 3.1 and 3 partners, respectively.
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April 8, 2024

In Turkey, the newly elected mayor decided to sell an official Mercedes belonging to the municipality

Selcuk Yildiz, a candidate from the Yeniden Refah party, won the municipal elections on March 31 and became the new mayor of the city of Geive in Sakarya province. Upon taking up his duties, Yildiz announced the decision to sell a Mercedes car owned by the municipality: "Before the elections, we made a promise to our citizens that we would end waste, so we started saving the municipality's money at the expense of expensive official cars."
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April 8, 2024

In Northern Cyprus, the rules for selling real estate to foreigners are changing

In the Turkish Republic of Northern Cyprus (TRNC), where thousands of houses and lands have been sold to foreigners, the rules for selling real estate to foreigners are changing. According to the amendments to the law, which are expected to be introduced within a month, the so-called "gray sales" will be stopped, which have long been a cause for discussion. The list of innovations that will be introduced: The contract of sale of real estate can be executed only in the land registry. The practice of registration of sales in law offices will be abolished A requirement for a certificate of ownership (title) will be introduced. Foreigners who have bought real estate without registration of title will have to issue it within a year or sell their property during this period Foreigners will be able to purchase real estate only with the status of "Kat Irtifakı" (pre-registration of real estate in the housing stock). Thus, the possibility of foreigners buying real estate at the excavation stage is excluded. The trust management will be cancelled To purchase real estate, a foreigner will need to obtain the approval of the security service and the approval of the Council of Ministers During the transition period, for Turkish citizens, the restriction on the purchase of only one real estate object will be increased to three objects (foreigners can purchase only one real estate object). It is expected that thanks to this decree, housing prices in the TRNC will decrease, and local residents will be able to buy housing again.
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April 7, 2024

Fitch Ratings agency has published an inflation forecast in Turkey for 2024-25.

According to the forecast of Fitch Ratings in 2024, the average inflation rate in Turkey will be 58% in 2024, and in 2025 - and 29% in 2025. The agency also reports that last year the net cash losses of the Turkish subsidiaries of the Persian Gulf banks amounted to $2.6 billion. Fitch Ratings predicts that these losses will amount to $2.8 billion in 2024 and $1.4 billion in 2025.
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April 6, 2024

Visa-free entry to Turkey has been canceled for Tajik citizens

By decree of Turkish President Recep Tayyip Erdogan, visa-free entry for Tajik citizens is now prohibited. Now, in order to enter the country, they are required to obtain a visa in the usual manner.
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April 6, 2024

Turkey ranked 98th in the list of countries on the happiness index

The annual World Happiness Report for 2024 has been published, which shows the satisfaction of citizens with life in a particular country. According to the report, Turkey took 98th place in the ranking according to the so-called "happiness index", which is 8 points higher than last year, when the country was in 106th place.The happiest citizens, as last year, live in Finland. Finland is followed by Denmark, Iceland, Sweden, Israel, the Netherlands, Norway, Luxembourg, Switzerland and Australia. The report analyzes six key variables that help explain the assessment of life: GDP per capita, social support, healthy life expectancy, freedom, generosity and perception of corruption.
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April 5, 2024

Travel on bridges and highways in Turkey will be free during 9 holidays

Minister of Transport and Infrastructure Abdulkadir Uraloglu announced that by the decision of the President, bridges, tunnels and motorways belonging to the Main Directorate of Highways will be free for 9 days (starting tomorrow). Citizens can get information about closed and working roads, weather conditions and other relevant information via the Alo123 or 159 toll-free line, as well as on the KGM website (https://www.turkiye.gov.tr/karayollari-genel-mudurlugu ). The presidential decree on the free use of certain types of public transport in Istanbul, Ankara and Izmir in connection with the holiday was published in the Official Gazette. Abdulkadir Uraloglu also said that checks on 68.680 kilometers of highways will be strengthened during the holiday. The head of the Antalya Metropolitan Municipality also informed about the special working conditions of transport on holidays. Buses of the metropolitan municipality with official (black) license plates, the Antray light rail network and the Nostalji Tramvayı tram line will transport citizens free of charge during the holidays on April 10, 11 and 12.
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April 5, 2024

In the first quarter of 2024, sales of electric cars in Turkey increased by 275.9%

According to the Association of Automotive Distributors and Mobility (ODMD), 14,158 electric cars were sold in Turkey in the first quarter of 2024, which is 275.9% more than in the same period last year. Thus, the market share of electric vehicles increased to 6.1%. It is expected that 120,000 electric vehicles will be sold in Turkey this year. The Turkish passenger and light commercial vehicle market grew by 25.2% to 295,519 units. Gasoline cars take the first place - 156.396 units, hybrid cars take the second place - 33.131 units. Sales of diesel cars amounted to 25.268 units of gas cars - 2.038.
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April 5, 2024

The new mayor of Alanya officially took office

Osman Taryk Ozchelik officially assumed the post of mayor of the city today, having received a certificate of election the day before. "Together with our professional and honest team, we will fulfill the promises made to our citizens," Ozcelik said at the solemn ceremony of the transfer of power. Osman Taryk Ozchelik: Born on 11/01/1962, was born in Alanya. Married, father of two children. He has a higher education in chemical engineering, which he received at Hacettepe University in Ankara. Ozchelik isHe is the head of the Öz elik Group holding and ranks 137th in the ranking of the richest people in Turkey. He is also a member of the Board of Trustees of Aladdin Keykubat State University in Alanya. On March 31, Ozcelik won the election as a candidate for the post of mayor from the Republican People's Party (Turk.SNR).
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April 5, 2024

Turkish Airlines became the first airline in the world to create a passport for pets

Turkish Airlines, an airline that flies to more countries than any other, has officially become the first airline in the world to create a special passport for pets - "PAWSPORT". The program was a response to the growing demand for traveling with pets. The pilot copy of the PAWSPORT will be released in a limited edition. To be one of the first to issue a document to their pet, passengers can send a direct message with the text "Pet Passport" to the Turkish Airlines address on Instagram @TurkishAirlines. Using PAWSPORT will reduce bureaucratic procedures when flying with pets, increasing their comfort and safety. Once again, the company confirms its leading position in providing advanced innovative solutions for its passengers.
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April 5, 2024

The 6th round of the International Cycling Tour Of Mersin has started in Mersin

171 athletes from five continents and 30 countries are taking part in the sixth international cycling tour in Mersin. The 4-day competition consists of four stages of varying lengths. Athletes will get acquainted with the historical, natural and cultural beauties of Mersin by cycling from Anamur to Tarsus. At the end of the competition, the winners will receive a total of 19 thousand euros. Mayor of Mersin Vahap Secher: "The beauty of sports is that people fight together for a common goal, regardless of language, religion and nationality. Sport means peace, brotherhood and tranquility. Such events as the Children's Marathon, the Mersin Mountain Run, the International Cilician Ultramarathon, the Pro Beach Tour, the Tarsus Cleopatra Bicycle Tour, the Tarsus International Half Marathon are already planned for 2024 in Mersin, and every day there will be more and more such events in our city."
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