In a positive economic development, the Turkish Statistical Institute announced that the Economic Confidence Index rose to 99.5 points in November 2025, up from 98.2 points in October, recording an increase of 1.3%.This increase reflects a general improvement in consumer and business expectations regarding future economic conditions. Quick Definition The Economic Confidence Index is a composite...
Recent data released by the Turkish Statistical Institute (TÜİK) showed that Turkey's monthly inflation rate for November 2025 recorded an increase of 0.87%, while the annual rate dropped to 31.07%, marking the lowest level in four years. This decline in inflation sends several positive signals for key economic sectors—especially real estate, investments, and financial markets. Here’s what these...
Trade relations between Türkiye and Iraq continue to strengthen significantly.According to the latest figures released by the Turkish Statistical Institute (TÜİK), Iraq ranked 4th among the top importing countries from Türkiye during the month of October. Top Importing Countries from Türkiye in October: RankCountryImport Value1️⃣Germany$2.3 Billion2️⃣United Kingdom$1.423...
The real estate development sector has witnessed a major announcement reflecting the strength of economic relations between Saudi Arabia and Türkiye.King Abdullah Economic City (KAEC) has signed a Memorandum of Understanding with the Turkish developer NEF to introduce new hotel, residential, and commercial projects in the Kingdom. This collaboration carries significant economic and investment...
The Zeki Pasha Mansion is one of the most remarkable and luxurious properties in Turkey— not only because of its prime location on the Bosphorus, but also for being a unique architectural witness to the late Ottoman era. Recently brought back to the spotlight after being listed for sale once again, the mansion has become one of the most desirable luxury properties attracting global...
A City that Combines History, Industry, and Urban Growth Bursa is one of Turkey’s most important cities, combining rich Ottoman heritage, breathtaking nature, and a powerful industrial economy. Nestled between the slopes of the famous Mount Uludağ and vast green plains, it has earned the title “The Green City.” In recent years, Bursa has become an ideal real estate destination for both...
Turkey has successfully launched the satellite FGN-100-D2, marking a significant step within the global “Alog B” project, which aims to establish an independent navigation and positioning system, free from reliance on foreign systems such as the U.S. GPS and Russian GLONASS. Objectives of the national “Alog B” project: Launch over 100 Turkish satellites in the next five years to establish a...
The Ministry of Environment, Urbanization, and Climate Change has updated the nationwide shelter regulations following a six-month study, in an unprecedented move to enhance construction quality and property safety in Turkey. The ministry announced a comprehensive revision of the shelter construction regulations, making their inclusion mandatory in all new real estate projects across the country.This...
The Turkish insurance market is highly flexible due to its rich history and the variety of local and international insurance companies, including those operating under the participatory (takaful) system that complies with Islamic law. The increasing number of policyholders, whether for mandatory or voluntary insurance, has strengthened the sector. Additionally, the use of advanced automation and...
The Vatican’s Press Office has announced the details of Pope Leo XIV’s first international trip since his election in May 2025 as the new leader of the Catholic Church. The visit will include Türkiye from November 27 to 30, followed by Lebanon from November 30 to December 2. Türkiye: The First Stop in a Journey of Faith and Dialogue The Pope will begin his tour in Ankara, the Turkish capital,...
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