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The number of private companies registered in the business center of Abu Dhabi has grown more than 100 times since 2016, reaching 5,000, Bloomberg reports. The emirate is becoming a center of attraction for owners of large fortunes thanks to guarantees of asset protection, privacy and low taxes. Only 46 firms operated in the zone in the mid-2010s, according to M/HQ, an asset management consultancy. Registering in Abu Dhabi opens up the prospect for investors to obtain residency permits in the UAE and establish ties with local influential families. Business and government relations expert Sam Blatteis notes that the region's stability, proximity to the capital and strong asset protection make Abu Dhabi an attractive alternative to other financial centers. Among the companies that have opened "subsidiaries" in the Abu Dhabi zone are the organizations of Ray Dalio, founder of the largest hedge fund, Changpeng Zhao, former head of Binance, and Russian billionaire Vladimir Lisin.

According to the news portal Havasosyalmedya, Çukurova Airport, which will have a capacity of 9 million passengers per year in the first phase, will begin operations on Monday, January 15, 2024. The official opening will take place with the participation of President Erdogan. The first tender for the construction of Cukurova Airport was held in 2011 and the foundation was laid in 2013. The 10-year work has been completed. Cukurova Airport, which has an area of about 8 million m2, has a runway of 3,500 meters long and 75 meters wide. Favori Airports owns the rights to build and operate the airport, which is expected to employ 2,000 people upon completion. The international code of Ciucurova Airport is registered as COV. The port has 48 parking lots for airplanes.

According to a news on usakgundem.com Metro Istanbul will not charge passengers using the following routes until January 1, 2024: - 50AC Cebeci-Alibeyk y Metro. - 50D Ayazaga-Alibeyk y Metro. - 50G G kt rk-Alibeyk y Metro. - TM1 Emniyettepe-Alibeyk y Metro. - TM2 Hamidiye-G zeltepe-Alibeyk y. - TM3 Hamidiye-Alibeyk y Metro. - TM5 Alibeyk y-5.Levent Metro. - TM6 Nur Sitsi - Alibeyk y Metro. - TM7 Çır ır Metro-Alibeyk y Metro. - TM8 Akşemsettin-Alibeyk y Metro. - TM9 Yenimahalle-Kazim Karabekir-Alibeyk y Metro. - TM10 Yesilpinar-Alibeyk y Metro. - TM11 Yesilpinar-Alibeik y Metro. - TM12 Metro Karadolap-Alibeik y. - TM15 Yenimahalle-Alibeik y Metro. - TM16 Yenimahalle-Gaziosmanpaşa-Alibeik y Metro. - TM17 Sultangazi-Gazi-Alibeik y Metro. - TM18 Sultangazi-Karayollari - Alibeyk y Metro. - TM19 Z beyde Hanım-Alibeyk y Metro. - as well as TT5 Emin n -Alibeyk y Cep Otogarı Tram Line

Good news for homeowners! Property taxes paid in the last five years are refundable! Here's what you need to do... According to a news story on Haberport.com, homeowners will be able to get a refund on property taxes they've paid in the last five years. In order to take advantage of the property tax refund, an application must be filed with the municipality. Important: The dwelling must be the only one owned by the applicant and its meterage must not exceed 200 m2.

Istanbul Municipality has announced 7,000 liras in support of newlyweds. Istanbul Mayor Ekrem Imamoglu said on social media that 7,135 couples have received marriage support and that the practice will continue. The mayor said that it is possible to apply for the support through the "Istanbul is Yours" ("İstanbul Senin") app. Conditions:

These are the headlines that can be seen in all Turkish media today. The reason for this was an unprecedented incident at a soccer match between Rizespor and Ankarag c . At the end of the match, Ankarag c club president Faruk Koja ran onto the pitch and hit the referee in the face with his fist, who fell to the lawn. Other soccer players joined the beating. The team members were unhappy that referee Halil Umut Meler did not count the goal scored by Ankarag c and later removed one player from the field.

The Central Bank of the Republic of Turkey published the balance of payments statistics for October. This is the third time this year that the Turkish economy has seen a current account surplus. The current account balance, which produced a surplus in June 2023 for the first time since June 2021, produced a deficit of $5.4 billion in July and $619 million in August. In September, the current account balance, which gave the largest surplus in the last 2 years was $1.8 billion, recorded a surplus of $186 million in October.

As of today, the Regulation, according to which a foreign citizen can no longer apply for Turkish citizenship when buying a plot of land worth 400 thousand dollars. In order to obtain citizenship on the land plot there must be a building (building, condominium, etc.). The purpose of the innovation is to increase the number of sales of residential real estate, as sales of land plots already have high rates. Thus, from 12.12.2023, it will be possible to obtain Turkish citizenship only by purchasing residential or commercial real estate.

The President stated that 350 thousand new buildings will be erected in Istanbul every year. Buildings that do not meet safety requirements will be demolished, some buildings will be strengthened and reconstructed. Thus, it is planned to completely renovate the housing stock of the metropolis within 5 years, making all buildings reliable and resistant to earthquakes.

The 5th International Marathon under the slogan "Everyone Runs to Mersin" was held in Mersin yesterday, organized by the capital's municipality. The race was attended by 1,696 runners from 25 countries and hundreds of citizens. The marathon was classified as "Elite Label" by the World Athletics Association. Kenyan Benard Kipkorir, winner of the men's 42km marathon, broke the course record in Mersin and had the second best time in Turkey. Women's 42km marathon winner Ruth Jebet not only broke the course record in Mersin, but also surpassed the Olympic threshold and qualified for the quota for the 2024 Summer Olympics in Paris. In the women's 10km race, Anastasia Nikolaeva took third place with a time of 41 minutes and 7 seconds, while in the men's 10km race, Stanislav Ageljarov was second with a time of 30 minutes and 22 seconds.

The Ministry of Youth and Sports has approved the G ndeli Hill ski resort project in Ordu. The province already has a ski resort, Cembaşı. The second ski center will be located closest to the sea and will occupy an area of 4 thousand hectares in Kabad z district on G ndeli Hill at an altitude of 2,730 meters above sea level. There will be 120 kilometers of trails on the territory. The project will be designed to receive 70 thousand people a day, will include various tourist facilities, hotels and 9 elevators. The distance to the center of Ordu is 65 km, to the airport - 85 km.

Emrullah Yedikardesh, Chief Executive Officer of Karmar A.Ş., stated that changes are needed regarding the right of residence and citizenship for foreigners. According to him, 3 steps are needed at the moment to attract qualified foreign investors and commercial investments, namely: increasing the amount of investment to obtain a residence permit to 200 thousand dollars, increasing investment in real estate to 750 thousand dollars to obtain citizenship and granting golden visas to investors in exchange for investment of 300 thousand dollars without granting citizenship but with the right to work.