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Turkish university to create digital twins of cities for urban planning
Istanbul Technical University (İTÜ) is endeavoring to create digital twins of the country's 81 provinces to enhance urban planning efforts, particularly in addressing transportation issues, bolstering disaster readiness and combating environmental pollution.
Vacancy rate in Istanbul office market falls significantly
The vacancy rate in Grade A offices in Istanbul, Türkiye's financial and commercial center, has declined markedly in the first quarter of 2024 compared with the same period of last year, according to a report by Cushman & Wakefield TR International.
In the January-March period of 2022, the vacancy rate stood at as high as 20 percent.
Istanbul’s high streets see sharp increases in rents
In the high street market, which is dominated by Istanbul's three most popular shopping streets, high occupancy rates and high demand led to significant increases in rents in 2023, according to a report by Cushman & Wakefield.
Turkish banking industry on foreign investors’ radar
After Goldman Sachs increases its earning per share (EPS) estimates for the Turkish banks in its coverage earlier this month, this time Bank of America (BofA) lifted its EPS for Turkish lenders.
"We continue to have a positive view on Turkish private banks," BofA said in a report released on Feb. 19.
‘Cloud’ project to transform Istanbul’s transport hub
In a bid to alleviate the city's traffic and facilitate pedestrian passage, the Istanbul Municipality has prepared the "Cloud" project, a transfer path above the road that doubles as a park away from subway tunnels, vehicle exhaust and narrow sidewalks.
Daily Dose Of Culture: ISTANBUL - Exhibition Of Photographer Ara Güler In Sofia
Synthesis Gallery (Галерия Синтезис) in Sofia is hosting a mesmerizing exhibition titled "Istanbul" by renowned photographer Ara Güler, in collaboration with the Ara Güler Museum in Istanbul, the Plovdiv Photography Center, and Photosynthesis.
People welcome 2024 with parties, celebrations across Türkiye
Parties, celebrations and events put people in high spirits as they bid adieu to 2023 and welcomed the new year with open arms.
People filled the prominent squares across the country as events took place in several provinces to mark the start of the new year.
Envoys extend warm wishes to Türkiye on its centenary
Ambassadors from various nations in Ankara have expressed their heartfelt congratulations to the Turkish Republic on its centennial anniversary in messages sent to the Hürriyet Daily News.
Istanbul short-term rentals start from 5,000 liras per night
The cost of a one-night accommodation in luxury Istanbul houses starts from an average of 5,000 Turkish Liras (approx. $250) and can even go up to 20,000 liras.
Türkiye marks Labor Day
International Workers' Day, also known as May Day, has been marked by tens of thousands in rallies organized by labor unions, non-governmental organizations and political parties across Türkiye.
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