UAE stock crashes refocus investors into local property
When UAE stock markets crashed in 2006 investors put their money into local property instead. Equity markets rallied in autumn last year but have just dipped sharply again, losing 5.3 per cent on Monday, the worst day since November 2006. The question is, will property benefit again? The answer is, most likely. The US Federal [...]
EU to Develop Ties with Morocco
The EU External Relations Commissioner said on Tuesday that the European Union wants to push ties with Morocco to a higher level within a year, rewarding Rabat for progress in opening markets and pressing economic and social reforms. "There's a progressively deeper integration of Morocco in the Euro-Mediterranean space, bringing it closer to the European [...]
ROK Launches Mobile TV in Turkey
Mobile video services has now been launched in Turkey by ROK entertainment through its regional representative Mobilturk. Via the Company’s mobile streaming service, Vodafone-Turkey’s subscriber’s will be able to watch a range of live and on-demand content. The first week’s viewing is free of charge, with a weekly fee of approximately US$4 which is payable [...]
Turkey’s Promotional Campaign put into Motion
The promotional campaign which is being run by the Ministry of culture and tourism is in full swing has already started to be aired in several countries. With an increased budget of $140 million, destination films are to be tailored to nine different regions. Secim Aydin, chairman of the Anatolian Hoteliers Union said: "It is [...]
Visitors to Turkey Increase in 2007
According to a report recently released from the Turkish Statistics Institute (Turkstat), Turkey was visited by 23.3 million foreign nationals last year which was a 17.8 percent increase compared to 2006. The report also stated that in 2007 23.3 million foreign passport holders entered Turkey compared to 19.8 million in 2006. For the same period [...]