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İstanbul saw 66.4 percent drop in tourist arrivals in 2020 due to pandemic

İstanbul recorded a decline of 66.4 percent in tourist arrivals in 2020 due to the coronavirus pandemic, with only 5 million foreign tourists visiting...

FSA fighters also hit by loss of value in Turkish currency

The recent plunge of the Turkish lira has not only hit people living in Turkey but also Free Syrian Army (FSA) fighters in Syria...

Moody’s downgrades 20 Turkish banks as lira weakens

Ratings agency Moody’s sounded more alarm about Turkey’s banking sector on Tuesday, downgrading 20 financial institutions and citing the increased risk of deterioration in...

Turkey sees 31 percent fall in foreign tourist arrivals in 2016

A total of 22.7 million foreign tourists came to Turkey in the first 10 months of 2016, compared to 36.2 million visiting the country...

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