Business

Increment in Turkey E-commerce

The Turkish e-commerce market is modest compared with many other European nations, but its rapid growth in sales volumes sets it apart as a country to consider. While the economic impacts of COVID-19 may affect short-term appetite for spending, the long-term direction of travel in Turkey suggests e-commerce will become an integral part of daily life. Sales on key Turkish e-commerce site GittiGidiyor...

Egypt-Turkey new Economic-political relationship

Erdogan said both Turkey and Egypt will expand the process to normalize their relations. “A new process has begun. As known, it was first launched by our intelligence organizations and followed by our foreign ministries. This process will continue to develop and expand,” he continued. A week after Erdogan’s remarks, his government asked three Istanbul-based Egyptian TV channels linked to the...

Turkey’s new crypto regulations

Bitcoin, a cryptocurrency run on a decentralized ledger known as the block chain, is often dubbed ‘digital gold’. Like many people around the world, Turks have flocked to invest in Bitcoin and are eager to make a profit. At the same time, they hope to protect their savings from inflation. Daily market transactions are estimated to be worth between $1-2 billion and use of bitcoin has increased a...

Turkey-Greece new economic relationship

Both Turkey and Greece are emphasizing greater trade with European Union countries. In June 2000, Greece, a European Union member since 1981, was declared ready for membership in Europe's Economic and Monetary Union (EMU) next year. The EU established a customs union with Turkey in early 1996, and Turkey is still on the waiting list to become an EU member after 2010. If Ankara's structural readjustment...

Turkey found more natural gas

Turkey, which is almost completely reliant on imports to meet its energy needs, has been exploring for hydrocarbons in the Black Sea and in the Mediterranean, where its survey operations in disputed waters have drawn protests from Greece and Greek-administered Cyprus. Speaking at an opening ceremony in the Black Sea province of Zonguldak on Friday, Erdogan said Turkey had made the additional discovery...

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Istanbul furniture stores

If you ever decided to live in Istanbul, wherever you go will find the best stores to buy your furniture from. If you are in Turkey and do not know where to buy your furniture, here are 4 of the best places to buy furniture. DOĞTAŞ MOBILYA The company is a Turkish furniture produces and retail chain.  There are over 200 stores across the country and abroad. In recent years, the company started...

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