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Turkey is planning to connect Istanbul and Sabiha Gökçen airports via a high-speed train line
19 January 2023

Turkey is planning to connect Istanbul and Sabiha Gökçen airports via a high-speed train line

Istanbul, Turkey – In a press conference held on Wednesday, the country's Transport and Infrastructure Minister, Adil Karaismailoğlu, announced that Turkey is looking to connect a high-speed train line between Istanbul and Ankara to the two airports…

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President Erdogan Inaugurates High-Speed Metro Line Connecting Istanbul City Center to Europe's Busiest Airport
23 January 2023

President Erdogan Inaugurates High-Speed Metro Line Connecting Istanbul City Center to Europe's Busiest Airport

President Recep Tayyip Erdoğan inaugurated Istanbul's new high-speed metro line on Sunday, connecting the city center to the Istanbul Airport, which is set to be Europe's busiest airport in 2022. The 34-kilometer metro link is the first railway connection…

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Turkey Launches Initiative for Affordable Housing for Middle-Income Citizens
06 January 2023

Turkey Launches Initiative for Affordable Housing for Middle-Income Citizens

Turkey has announced a new campaign aimed at providing affordable housing options for middle-income citizens. The campaign, called the "My New Home Program," will offer mortgage loans with lower interest rates and longer maturities for amounts up…

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Improved Relations Between Turkey and Saudi Arabia Bring a Surge of Saudi Tourists to Turkey
13 January 2023

Improved Relations Between Turkey and Saudi Arabia Bring a Surge of Saudi Tourists to Turkey

Recent thaw in relations between Turkey and Saudi Arabia has led to a significant increase in the number of Saudi tourists visiting Turkey. According to official data from the Culture and Tourism Ministry, over 460,450 Saudis have visited Turkey in the first…

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Turkey Increases Minimum Wage by More than 50% for 2023
30 December 2022

Turkey Increases Minimum Wage by More than 50% for 2023

Turkey will raise its minimum wage by 54.5% starting January 1, 2023, President Recep Tayyip Erdogan announced on Thursday. The move is aimed at protecting citizens from the negative effects of inflation, which has reached its highest level in over two decades.…

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Turkey discovers a $12 billion oil reserve onshore
14 December 2022

Turkey discovers a $12 billion oil reserve onshore

President Recep Tayyip Erdogan (R) meets with the presidents of Turkmenistan and Azerbaijan during a trilateral summit on December 14, 2022, in Awaza, Turkmenistan. (Photo via AFP, Turkish Presidential Press Office)Erdogan requests that work begins on…

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Turkey and Qatar Sign Eleven Cooperation Enhancing Agreements
07 December 2022

Turkey and Qatar Sign Eleven Cooperation Enhancing Agreements

Turkey and Qatar Sign Eleven Cooperation Enhancing Agreements Qatar and Turkey's economic connections have prospered over the last two decades, with both FDI inflows and bilateral trade volume increasing dramatically. Sheikh Tamim bin Hamad Al-Thani visited…

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Togg is the collective pride of 85 million individuals
07 December 2022

Togg is the collective pride of 85 million individuals

Togg is the collective pride of 85 million individuals. President Recep Tayyip Erdogan fulfilled a long-held national ambition on October 29 during a ceremony held in the Gemlik district of Bursa's northern Bursa province to honor the 99th anniversary…

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The Turkish economy grew by 3.9% in the third quarter.
05 December 2022

The Turkish economy grew by 3.9% in the third quarter.

The Turkish economy grew by 3.9% in the third quarter. According to data issued by the Turkish Statistical Institute, in the third quarter of 2022, Turkey's gross domestic product (GDP) increased by 3.9% compared to the same quarter of the previous year,…

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Retirement Age Requirement Dropped in Türkiye, Providing Relief for Millions
30 December 2022

Retirement Age Requirement Dropped in Türkiye, Providing Relief for Millions

Turkey has abolished the retirement age requirement, allowing over 2 million workers to retire immediately. This change will apply to workers who began working before September 1999 and have completed 20-25 years of social security-registered careers. The…

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AmCham Turkey Awards U.S. Companies Operating in Turkey
14 December 2022

AmCham Turkey Awards U.S. Companies Operating in Turkey

AmCham Turkey Awards American Business Forum in Turkey (AmCham Turkey) hosted the fourth "I AmChampion Awards" ceremony in Istanbul, which was attended by executives from U.S. and Turkish companies. As a member of the jury, Investment Office President…

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Cruise Tourism in Turkey Makes a Complete Rebound with Over 1 Million Passengers Arriving in 2022
19 January 2023

Cruise Tourism in Turkey Makes a Complete Rebound with Over 1 Million Passengers Arriving in 2022

In a statement released on Thursday, Transport and Infrastructure Minister Adil Karaismailoğlu announced that the number of cruise passengers arriving in Turkey exceeded the 1 million mark in 2022, marking a complete rebound for the crucial industry from…

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