Monday 27 June 2016
 
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Turkey

Israel, Turkey agree to normalise ties

Israel and Turkey on Sunday reached agreement to normalise ties, senior officials from both countries said, to end a rift over the Israeli navy's killing of 10 Turkish pro-Palestinian activists who tried to sail to the blockaded Gaza Strip i

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Turkey cbank cuts top rate by 50 basis points again

Turkey's central bank cut its overnight lending rate by 50 basis points on Tuesday, as expected, marking its fourth straight month of easing and leaving no doubt about new Governor Murat Cetinkaya's drive for looser policy.

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Turkey's Land of Legends theme park opens in July

Land of Legends, Turkey's largest edutainment centre, will welcome its first guests in July. The $1 billion project, which is located in Antalya, is a collaboration between Rixos World Parks & Entertainment, Dubai-based Em

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Qatar National Bank buys Turkish lender

Qatar National Bank (QNB) has completed the acquisition of Turkey's Finansbank, said the Gulf's largest lender in a statement on Wednesday. The transaction is the latest for the Qatari lender, which is now the largest bank

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Cityscape Global celebrates 15 years of success

The 15th edition of Cityscape Global is expected to attract a new wave of real estate investors from across the region, following the success of recent exhibitions in Turkey, Egypt, Abu Dhabi (UAE) and Qatar, said the organisers.

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Hilton set to surpass 75 hotels in Turkey

Hilton Worlwide's portfolio in Turkey will cross 75 properties following the recent signing of franchise agreements for new DoubleTree by Hilton properties to Elazig and Izmir Airport, and a new Hampton by Hilton hotel to Bolu.

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Turkey increases charter flight subsidies to try to boost tourism

Turkey has increased a subsidy it pays to the operators of charter flights bringing foreign tourists into the country in an attempt to bolster visitor numbers which have fallen sharply due to a series of bomb attacks and tensions with Russia.

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Turkey's tourism industry hopes soap opera can woo wealthy Arabs

He's not a trained actor, but Turkish businessman Serdar Ali Abet hopes his television debut - and a mix of cliff-hangers, melodrama and lavish sets - can win fans across the Arab world and help revive Turkey's moribund tourist industry.

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EU to seek air traffic deals with Gulf, Turkey, Asean

EU member states gave the green light on Tuesday for the European Commission to pursue air traffic agreements with the UAE, Qatar, Turkey and countries in southeast Asia to try to support its airlines. Europe's aviation indust

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Car bomb targeting police kills 11 in Istanbul

A car bomb ripped through a police bus in central Istanbul during the morning rush hour on Tuesday, killing 11 people and wounding 36 near the main tourist district, a major university and the mayor's office. The car was deton

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