Residential property sales in Turkey surged 25.1% year-over-year in January, according to official data, but dropped from the extremely high level a month earlier. Sales jumped to 88,306 properties in January, the Turkish Statistical Institute (TurkStat) said. Total sales in December had soared 113.7% year-over-year to 226,503, the data showed. The reading of last month reflected last...
Huge Gulf funds are eyeing possible investment opportunities in Turkey, from agriculture to tourism and industry. The funds, including those from Qatar, the United Arab Emirates (UAE), Bahrain and Saudi Arabia, plan to invest around $8 billion (TL 109.07 billion) in the country this year. The latest visit from President Recep Tayyip Erdoğan to the UAE, which was dubbed the start of a new period in...