Shopping mall

Trendyol, one of Türkiye's largest e-commerce platforms, has opened its first pop-up store in the Gulf region at a shopping mall in Saudi Arabia's capital Riyadh.

The online shopping giant has been expanding its operations abroad, including Germany, Azerbaijan and Central and Eastern Europe.

Luxury villas and residences, shopping malls, shops, yachting club, hotel, even a heliport & a marina are provided for by the large investment of 220 million euros

Despite booming retail sales, many of Türkiye's shopping centers are struggling under heavy debt, according to Nuri Şapkacı, the president of the Council of Shopping Centers (AYD).

"Some 60 to 70 percent of the 445 shopping malls in the country have already been taken over by banks, while the remaining ones are struggling to survive," Şapkacı said.

A consortium comprising Greek construction company Avax and Italian group Rizzani has been chosen by Lamda Development for the development of the Vouliagmenis Mall Complex, which will be the largest shopping center in Greece, Avax reported on Thursday.

This is also the largest individual project Lamda is planning for its major development at Elliniko, southern Athens.

"The epidemic process has its own rules, theres an incubation phase, a period that must pass in order to review the effect of measures implemented. The number of days is approximately seven to ten," he said.

This was clarified earlier today by the Deputy Mayor of Belgrade, Mr. Goran Vesic.

Restrictions aimed at curbing the spread of the novel coronavirus in Cyprus are being further lifted, following a downward trend in infections.

Starting Monday, all private and public schools will reopen for classes, along with archaeological sites and museums.

Retail commerce is also being relaunched, with the inclusion of malls and shopping centers.

Turkey's sixth mall library, which will host literary and artistic events, music performances and work-shops, has recently opened in Istanbul's Sultangazi district. Vega Istanbul AVM Library covers an area of 258 square meters with 5,000 works.

Entertainment venues across Turkey, which host approximately 150 million visitors annually, have completed social distancing arrangements to reopen after a three-month break to curb the spread of the coronavirus pandemic, the chair of an association said on June 16.

The government of Cyprus accelerated the lifting of most of the country's remaining coronavirus restrictions by three weeks, citing on Wednesday the country's consistently low infection rate since the lifting of a stay-at-home order a month ago.