News

March 11, 2024

Fitch Ratings raises Turkey's credit rating to "B+"

The international rating agency Fitch Ratings has upgraded Turkey's long-term credit rating from "B" to "B+", and the rating outlook from "stable" to "positive". The rating upgrade is due to increased confidence in the sustainability and effectiveness of the policy implemented after the changes in June 2023. It is also reported that the decision was influenced by a more active than expected tightening of monetary policy aimed at reducing macroeconomic and external vulnerability. Inflation expectations have weakened and external liquidity risks have decreased, reflecting more favorable external financing conditions, high reserves, low levels of currency-protected deposits, and a reduction in the current account deficit. The Turkish economy is expected to grow by 2.8% this year, the statement said, and the growth rate may increase to 3.1% in 2025. According to the Fitch calendar, Turkey's next assessment is scheduled for September 6th.
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March 11, 2024

A new Bakyrkey - Kirazli metro line has been opened in Istanbul

Construction work on the Bakyrkey-Kirazly metro line, carried out by the Ministry of Transport and Infrastructure, has been completed. On March 10, at 17:00, a grand opening was held with the participation of Recep Tayyip Erdogan. The line includes Bakyrkey, Libertarian Square, Incirli, Haznedar, Ilkyuva, Yildiztepe, Mulla Gurani and Kirazli stations.Minister of Transport and Infrastructure Abdulkadir Uraloglu said that the line will be connected to the Bashakshehir-Kirazli line at Kirazli station, the metrobus at Incirli station and the Aksaray-Ataturk Airport metro line, Marmaray at Freedom Square station and Ido sea buses at Bakyrkey station.Minister of Transport and Infrastructure Abdulkadir Uraloglu said that the line will be connected to the Bashakshehir-Kirazli line at Kirazli station, Metrobus and Aksaray-Ataturk Airport metro line run at Incirli Station, Freedom Square at Marmaray Station and Ido sea buses to Bakyrkey Station.Minister of Transport and Infrastructure Abdulkadir Uraloglu said that the line will be connected to the Bashakshehir-Kirazli line at Kirazli station, the metrobus at Incirli station and the Aksaray-Ataturk Airport metro line, Marmaray at Freedom Square station and Ido sea buses at Bakyrkey station.
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March 11, 2024

The grand opening of a new polyclinic took place in Alanya

The grand opening of the Esme Kemal Bey Family Medical Center and the ambulance station No. 4 serving the Kuchukhasbakhche district took place in Alanya. The project was implemented by the municipality of the city with the financial support of philanthropist Ahmet Bey Za and his family. The opening ceremony was attended by former Foreign Minister Mevlut Cavusoglu, the head of the Alanya district Fatih Urkmezer, the mayor of Alanya Adem Murat Yudzhel and other officials. ""The 780 m2 center has 4 family doctors' offices, an office for the disabled, vaccination rooms, a children's room, a treatment room and a laboratory. The emergency room has rooms for staff to rest and sleep, as well as a kitchen," the mayor said about the center. The head of health of Alanya, Nadir Aldemir, said that new medical centers in Mahmutlar and Payallar will also be opened in the near future.
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March 9, 2024

Istanbul Airport has again taken the first place in the ranking of the busiest airports in Europe

Istanbul Airport has left behind Heathrow airports (London) Schiphol (Amsterdam) and Charles de Gaulle (Paris). In the period from February 26 to March 3, Istanbul Airport showed maximum occupancy, accepting and sending an average of 1,321 flights per day. This is reported in the weekly report of the European Organization for the Safety of Air Navigation.
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March 9, 2024

Real estate sales to foreigners increased by 23.5% in Thailand

According to the Real Estate Information Center of the State Housing Bank of Thailand (REIK), in 2023 foreigners purchased 23.5% more real estate than in 2022. Foreign citizens bought 14,449 apartments worth almost $2.04 billion. The most objects were purchased by Chinese citizens - 6,600 objects, followed by Russian citizens - 1,260 objects and US citizens - 631 objects.
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March 7, 2024

Turkey took 1st place in the list of countries with the largest increase in the number of super-rich people

Turkey took 1st place among the countries participating in the study, with an annual growth rate of 9.7%. According to Wealth Report 2024, 1,932 people in Turkey are super-rich. According to Knight Frank's "The Wealth Report 2024", the number of people in Turkey with a fortune of more than $30 million amounted to 1,932 people (last year - 1,761 people). Thus, the number of the super-rich in Turkey increased by 9.7%. The countries with the largest increase in the number of super-rich people: Turkey - 9.7 %USA - 7.9 %India - 6.1 %South Korea - 5.6 %Switzerland - 5.2 % However, Turkey is not the country with the largest number of ultra-rich in the world! According to Asset Report 2024, the country with the largest number of people with assets of more than $ 30 million is the United States - 225 thousand 77 people.The countries with the largest number of super-rich people in the world: USA - 225.077 people.China - 98.551 people.Germany - 29.021 people.Canada - 27,928 people.Great Britain - 23.072 people. According to Knight Frank forecasts, by 2028 the number of ultra-rich people in Turkey will increase by 42.9% to 2,760 people.
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March 7, 2024

Turkey took the 3rd place in the export of television series

The first and second places are occupied by the United States and the United Kingdom, respectively. Turkish TV series are watched by 750 million people in 170 countries! TOP 10 best Turkish TV series according to Kinopoisk: - Black and White love (2017 2018) Siyah Beyaz Aşk - 8,3- Completely different (2023 2024) Bambaşka Biri - 8.2- Magnificent Century (2011 2014) Muhtesem Y zyil - 8.2- Black Love (TV series 2015 2017) Kara Sevda - 8.2- Knock on My Door (2020 2021), Sen Çal Kapımı - 8.1- Cranberry sherbet (2022) Kızılcık Şerbeti - 8.1- - If you fall in love (2023) Ya Çok Seversen - 7,9- Windy (2019 2021) Hercai - 7,8- Magnificent century. Empire of K sem (2015 2017) Muhtesem Y zyil: K sem - 7,8- Kingfisher (2022 ...) Yalı Çapkını - 7,7
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March 7, 2024

A precedent-setting decision of the Court of Cassation: WhatsApp correspondence will now be considered evidence!

The Court of Cassation has signed a precedent-setting decision that concerns millions of Turkish citizens. In Adana, the judge accepted the WhatsApp correspondence as evidence in a commercial case, although the plaintiff did not have a signed document. WhatsApp users will now have to pay more attention to their correspondence. "After the decision of the Court of Cassation, local courts must now accept WhatsApp correspondence as indisputable evidence," lawyer Alperen Kadyoglu commented on the news.
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March 7, 2024

WhatsApp, YouTube and Instagram became the most used platforms in Turkey in 2023

The importance of social media in our time is very great. No matter how hard we try to reduce the time spent at the screen, it is not so easy to do this, given that we both work and relax using social networks and various applications. We feel especially acutely the importance of online platforms at times when their operation fails for one reason or another, as happened the other day. Online, we interact with colleagues and clients, shop and get acquainted with fashionable novelties, communicate with relatives and friends - an endless list. It's hard to even imagine what would happen if the applications that are so popular now suddenly stop working! Statistics also show an increase in the number of users from year to year around the world in general and in Turkey in particular. TOP 10 social media platforms in the world by the number of monthly active users in 2024: 1.Facebook: 3.0 billion 2. YouTube: 2.4 billion 3. WhatsApp: 2.0 billion 4. Instagram: 2.0 billion 5. TikTok: 1.5 billion 6. WeChat: 1.3 billion 7.Facebook Messenger: 979 million 8. Telegram: 800 million 9. Douyin: 752 million 10. Snapchat: 750 million According to a study published by the Turkish Statistical Institute TurkStat, 95.5% of Turkish citizens have access to the Internet. E-commerce, digital content consumption and social media usage have also increased. The most used social media platforms in Turkey in 2023: WhatsApp - 84,9%YouTube - 69,0%Instagram - 61,4% By gender, Turkish users were divided as follows:men:WhatsApp - 88,7%,YouTube - 72,6%Instagram - 63,5%, women:WhatsApp - 81,1%YouTube - 65,4%Instagram - 59,3%.
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March 5, 2024

Turkey plans to receive 2 million medical tourists in 2024

According to the information The Union of Chambers and Commodity Exchanges of Turkey (TOBB) in 2023, the number of tourists visiting the country for medical purposes amounted to 1.4 million people. The income received amounted to $2.3 billion. In 2024, it is planned to increase the profitability of medical tourism to $ 3 billion and receive 2 million medical tourists. Turkey offers high-quality medical services at much more reasonable prices than in Europe. Foreigners come here to receive qualified assistance in the fields of hair transplantation, dentistry, gynecology, IVF, oncology, cardiology, etc. - Health tourism is growing by an average of 25% every year. - Over the past 6 years, the number of incoming patients has increased fourfold. - The global health tourism market has reached 100 billion US dollars. - Turkey's medium-term goal in the field of medical tourism is to become one of the five world leaders in medical tourism - The profile of patients coming to Turkey consists of 70% Europeans and 30% Middle Easterners.
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March 5, 2024

50% discount on tuition at the University of Alanya

The private University of ALANYA UNIVERSITY provides a 50% discount on tuition until March 26, 2024. Previously, it was called the University. Hamdullah Emin Pasha (Hepuniversite). The University is included in the list of institutions operating under the international student exchange system "Erasmus+". After March 26, the discount amount will decrease from month to month and, for example, in September it will amount to 25%. Studies at the university are conducted in English and Turkish. The cost of annual tuition (without discount), depending on the faculty, ranges from 4,500 to 7,250 dollars. The list of the faculty and the exact cost can be viewed at the link: https://iro.alanyauniversity.edu.tr/tr/basvuru-kosullari . A certificate of full secondary education is sufficient for admission. Contacts:+90535 344 12 08 - Department for work with International studentshttps://www.alanyauniversity.edu.tr/tr
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March 5, 2024

Turkish meteorologists predict record-breaking hot summer

Experts warned of record temperatures in the summer of 2024, noting that in January last year, the water temperature in the oceans reached a record 21.1 degrees Celsius and continues to rise. Professor Dr. Shermin Tagil, Head of the Department of Geography at Bakyrchai University, said that the effects of increasing climate change are beginning to be felt more and more in everyday life. "Last year we entered the year of El Nino and witnessed abnormally high temperatures in various regions of the planet. El Nino was interrupted in January and now the transition to La Ni a is predicted, when the temperature of ocean waters should drop, but for now it remains above average. The current situation and the ocean temperature that we monitored during the winter show that in the summer of 2024 we may face new temperature records," said the professor.
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