Istanbul ferry fares almost free now

Ferry services between Istanbul’s Asian and European sides dropped their fares to only TL 0.05 for a limited time starting on Thursday. The city's Transportation Coordination Council (UKOME)..

Cheap loans bring fivefold increase in housing sales in Turkey

As part of the Turkish real estate firm Emlak Konut's campaign that was announced in early June, 6,300 units worth around $1.27 billion have been sold so far.. Home sales soared in Turkey due t..

Over 9,000 foreign investors gain Turkish citizenship in 2 years

More than 9,000 foreign investors have gained Turkish citizenship with the legislative amendments that make it possible for foreigners to acquire it with a $500,000 (TL 3.38 million) investment. A ..

Turkish lira strengthens against dollar with new swap move with Qatar, more to come

Turkey and Qatar’s central banks raised the currency swap limit to $15 billion from $5 billion, the Central Bank of the Republic of Turkey (CBRT) announced Wednesday, while Treasury and Finance ..

Turkey ranks 14th among world's most advantageous real estate markets for foreigners

In new research that listed the 25 most advantageous real estate investment markets, Turkey secured 14th place, outpacing countries like Spain, Portugal and Greece thanks to its affordable prices, gro..

Turkey to relax coronavirus restrictions from June 1

Turkey will lift restrictions on intercity travel and allow restaurants, cafes, parks and sports facilities to reopen from June 1 as it eases restrictions imposed to curb the coronavirus outbreak, Pre..

Turkey's Arab community adapting to pandemic lifestyle

Like others, Arab immigrants that include the diaspora living in Turkey are also struggling to adapt to life during self-isolation, secluded and cut off from their busy routines. But for many the lock..

Massive new Istanbul hospital complex partially unveiled to combat pandemic

A new hospital complex partially opened in Istanbul on Monday to assist in Turkey’s fight against the COVID-19 outbreak. Başakşehir City Hospital is a massive health care complex in the epony..

Storm brings mesmerizing turquoise color to Bosporus in Istanbul

The waters of the Bosporus turned a unique turquoise color after the strong wind and rain storm Tuesday, although most Istanbulites weren't able to enjoy this beautiful scenery due to coronavirus ..

Istanbul's first pandemic hospital to fight COVID-19 inaugurated

President Recep Tayyip Erdoğan inaugurated Istanbul’s first pandemic hospital on Friday. The Sancaktepe Professor Feriha Öz Emergency Hospital will not only be used against epidemics and du..

Turkey marks anniversary of Istanbul's conquest

Locals in Turkey’s most populous city Istanbul marked the 567th anniversary of its conquest by the Ottoman Empire on Friday with a slew of celebrations and festivities throughout the city. Th..

Turkey's consumer confidence index down 5.8% in April amid pandemic

Turkish consumers' confidence in the country's economy has fallen 5.8% this month amid coronavirus worries, the Turkish Statistical Institute (TurkStat) said Wednesday. The consumer confide..