Turkey to Boost Investment and Tourism
The government in Turkey is to launch a new campaign that will have a positive effect on the country’s property investment sector, in a bid to simplify the investment process and promote tourism. For those looking to invest in Turkey this will come as welcome news that the government is to cut the number of [...]
Tourism in Turkey Booms in 2007
According to new figures travel to Turkey continued to rise in the first nine months of 2007, with visitors to Antalya, Dalaman and the country’s other resorts contributed to the economy more than ever before. In the first nine months of the year tourism income totalled $14.6 billion (£7.04 billion) according to the latest report [...]
Privatisation of Dubai public transport
Dubai is considering privatising the public bus system in order to improve its services and broaden its network. Khalid Hashim, director of planning and business development at the emirate's Roads and Transport Authority, said Dubai would like to privatise the bus system by 2009. Hashim also said the RTA is working on improvements to the [...]
German regulator allows trading on DIFX
The financial services regulator in Germany has authorised brokers to connect directly to the Dubai International Financial Exchange (DIFX) and enable them to trade securities on it. This will bring the total number of European countries allowed to trade directly on the DIFX to five. The Republic of Ireland, the Netherlands, the UK and Switzerland [...]
Plans to Increase Renewable Energy Market Share in Morocco
The public and private sectors in Morocco are planning to campaign for renewable energy to increase its share of the market in the country from 4% currently to 10% by 2012. 'The goal is to bring the share of renewable energy from 4 to 10 pct by 2012, in order to reduce spending and to [...]