Turkey’s economy contracted by 10 per cent in the second quarter (Q2) as a coronavirus lockdown brought activity to a near standstill, according to data on Monday that showed its worst year-over-year performance in a decade.
Turkey’s annual inflation rate jumped to a 24-year high of 78.62 per cent in June, data showed on Monday, just above forecast, driven by the impact of the Ukraine war,
The Turkish Culture and Tourism Ministry launched a two-day program to introduce the country's "safe tourism" concept to ambassadors to Turkey in the Mediterranean province of Antalya during the COVID-19 pandemic.
Turkey's Mediterranean coasts and historic attractions face a critical week as the government presses to open borders and salvage at least part of a tourist season already battered by the coronavirus pandemic.
Turkish industrial production fell for the tenth consecutive month in June, data showed, offering few signs of a pick-up in economic growth as domestic demand remains weak after last year’s currency crisis.
The number of UAE nationals visiting Turkey increased by 11.28 per cent in the first two months of 2019 to 3,975, according to the latest data released by the Turkish Consulate General Cultural and Info Office in Dubai.
Turkey, one of the world’s largest tourism destinations, is all set to attract a huge number of visitors from the Middle East as the country sees this region is a big contributor to its tourist inflow, said Salih Ozer, Attache of Culture and Information, Turkey to the UAE.
The Turkish lira eased to 5.62 against the dollar early on Wednesday, remaining under pressure after weakening a day earlier as the United States halted delivery of equipment related to a Turkish order of F-35 fighter planes.
Turkey’s government is reviving plans to transfer the central bank’s 46 billion lira ($8 billion) in legal reserves to its budget to shore it up and is also considering adjusting some tax measures as it battles recession, sources said.
Turkish Airlines added Strasbourg to the list of its destinations in France. Turkish Airlines, flying to more countries than any other airline in the world, has launched direct flights again to Strasbourg, starting from May 31st, 2019,