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  • Istanbul Deemed the ‘New London’ for Middle Eastern Investors

    Istanbul Deemed the ‘New London’ for Middle Eastern Investors

    Istanbul Deemed the ‘New London’ for Middle Eastern Investors

    Leigh Cuen | September 23rd, 2012 | Comment | Email this

    Istanbul, Turkey, urbanization, development, environment, building, investing

    Turkey is reforming its property laws according to Reuters. Among other changes, new laws will double the amount of land foreigners are allowed to buy in Turkey. Wealthy investors from Russia and the Middle East are taking a new interest in Istanbul. According to the Knight Frank Global House Price Index, Turkish property prices are experiencing the third fastest-growth in the world, outpacing both Russia and Hong Kong.

    “Istanbul is becoming a second London for the Arab world,” said Erdinc Varlibas, chief executive of Varyap Meridian. Varyap Meridian is building massive towers, luxury residential property, in what developers hope will become a financial district on Istanbul’s Asian side.

    A wave of construction and urbanization is sweeping across Turkey. Next month the national government plans to begin a multi-billion dollar urban transformation project, which they predict will take two decades. Much of this new development takes place at the cost of Turkey’s historic buildings and open spaces. The national government recently made 4.1 million acres of forest available for purchase and construction. Istanbul is home to the highest number of buildings being demolished as part of this nationwide urbanization project. An estimated total of 6.5 million buildings will be demolished. In their place the government plans to construct facilities for the police, military, and additions to various medical centers.

    via Istanbul Deemed the ‘New London’ for Middle Eastern Investors | Green Prophet.

  • 500 protest anti-Islam film, cartoon in Istanbul

    500 protest anti-Islam film, cartoon in Istanbul

    Hundreds of Turkish protesters chant ‘Allah-u Akbar’ during a protest in Istanbul against anti-Islam American film and French cartoons

    AFP , Sunday 23 Sep 2012

    Demonstrators in support of Turkish Islamists shout slogans as they hold banners during a protest against a film made in the U.S. and cartoons published by a French magazine that denigrate Islam’s Prophet Mohammad, in central Istanbul September 23, 2012. (Photo: Reuters)

    Hundreds of protesters in Istanbul burnt US and Israeli flags Sunday in a heated reaction against an American film and French cartoons that have sparked dearly riots across the Middle East and North Africa.

    Around 500 people gathered around the Turkish city’s iconic Taksim Square, chanting “Allah-u Akbar” as they burnt Western flags in a display of fury for the inflammatory depictions of the Prophet Mohammed.

    The crowd unfurled banners reading “Death to America” and “Death to France” as they shouted anti-Western slogans, urging the Muslim world to react against the anti-Islamic depictions in the West.

    Riot police were stationed around the square and kept the area, populated with foreign missions, under tight security until the group, which dubbed themselves “Lovers of the Prophet”, left peacefully.

    Police sealed off access to the French mission. France’s diplomatic posts have been the target of demonstrations across the Islamic region since the publication by French satirical magazine Charlie Hebdo of cartoons portraying a naked Prophet Mohammed.

    Last Sunday, a small group of 50 protesters gathered in front of the US embassy in the Turkish capital Ankara in a non-violent demonstration against the amateurish American-made film “Innocence of Muslims”, which ridicules Mohammed.

    In cities across the Muslim world protesters have vented their fury at France and the United States for what they branded an attack against their religion by targeting their embassies, schools and companies.

    Last week, four US officials, including the ambassador to Libya, were killed in the eastern Libyan city of Benghazi

    via 500 protest anti-Islam film, cartoon in Istanbul – Region – World – Ahram Online.

  • Four getaways for honeymooners – Philly.com

    Four getaways for honeymooners – Philly.com

    After you’ve tied the knot, escape somewhere unexpected. Paris? No, too cliche. Hawaii? Undeniably beautiful, but not exactly groundbreaking. Cancun? Best avoid it; too many memories of those youthful spring-break indiscretions. But never fear. We’ve compiled a quartet of canoodle-worthy getaways that will have your honey over the moon.

    Istanbul: Culture

    Straddling two continents – Europe and Asia – this exotic metropolis on the Bosphorus strikes an ever-shifting balance between East and West, old and new. The skyline is punctuated by minarets rising high above the treetops, while blocky modern mid-rises in shades of ocher and umber tumble down the hillsides. On the streets, men push heavy carts by hand, winding among long lines of cars.

    Türkei Urlaub 2012Beim Testsieger Stiftung Warentest, Türkei Reise zu günstigen Preisen! www.Türkei.holidaycheck.de

    Schnäppchen Reise KemerGünstige Kemer Reise TÜV geprüft! Reisen buchen mit Bestpreisgarantie www.ab-in-den-urlaub.de/Kemer

    Chic hotels have sprung up along the waterfront, but time stands still within the architectural wonders of the Blue Mosque, the Hagia Sophia, and the Topkapi Palace. (New husbands, try not to look too wistful when you tour the Topkapi’s ornately tiled harem rooms. Brides, it’s best not to compare your wedding ring with the Kasikci Diamond, an 86-karat, pear-shaped gem in the palace treasury.) You’ll find more affordable mementos in the bustling Grand Bazaar, a sultan’s trove of Turkish rugs, stained-glass lamps, gold and silver jewelry, hookahs, and hand-painted ceramics.

    If you’re not bothered by the “ball-and-chain” metaphor, you can begin your lifetime sentence together at the Old Town’s neoclassic jail, which was converted into the 65-room Four Seasons Hotel Istanbul at Sultanahmet in 1996 ( www.fourseasons.com/istanbul; rooms from $665). Alternatively, ensconce yourselves in the sleek luxury of the five-star Swissotel The Bosphorus or the adjacent Swissotel Living, with 63 designer apartments, complete with kitchen – perfect for newlyweds who want a cozy night in. Located on 65 acres of gardens on the European banks of the Bosphorus, a 15-minute drive from the historical peninsula, both properties feature a pool and share an Amrita spa ( www.swissotel.com/hotels/istanbul, rooms from $321; www.swissotelliving.com, rooms from $577).

    via Four getaways for honeymooners – Philly.com.

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  • UN Women to open regional office in Turkey

    UN Women to open regional office in Turkey

    United Nations Entity for Gender Equality and the Empowerment of Women– will open a regional office in Turkey.

    Thanks to efforts by Turkish Foreign Ministry and Family & Social Policies Ministry, the office, which will be responsible from Europe and Central Asia, will be opened in Istanbul.

    UN Women will support intergovernmental organs while they are shaping up policies, and setting the norms and standards.

    It will also provide financial and technical support, encourage effective cooperation with civil society, and help members states to apply the standards.

    via UN Women to open regional office in Turkey – Trend.Az.

  • Azerbaijan and Greece will become important partners

    Azerbaijan and Greece will become important partners

     

     

     

     

    Gulnara Inandzh, Director of Information and Analytical Center Etnoglobus (ethnoglobus.az), editor of Russian section of Turkishnews American-Turkish Resource website www.turkishnews.com  , [email protected]

    İnterview of ambassador of Greece in Azerbaijan İoannis Metaxas exsclusive for   “New Baku post` 

     

    -What is the current situation in Greece with overcoming the crisis?

     

    -As you know, after the recent general elections, which took place inthe 17th of June 2012, a new Greek coalition government was established and took power. Three parties are participating to this government, assuring it a comfortable parliamentary majority. The new government set as a priority to undertake all necessary measures, in order to face the crisis, implement all commitments assumed by previous governments and bring the national economy back to growth. This task is difficult, in view both of the recession in Greece and the unfavorable economic conditions in the Euroarea and the rest of the world. However, efforts have already started, fight of tax evasion is on the top of the government agenda, some new reforms of the public sector are already under implementation and the Agricultural Bank of Greecewas already privatized. These are positive steps, which allow any goodwill observer to understand that the new Greek government is firmly committed to implement a mix of policies that would maintain Greece within the Euroarea and bring the economy back to growth. Consequently, I cannot but be optimistic for the future.

     

     

    -What are the political relations between two countries? Are there any visits expected?

     

    -Political relations are very good. In 2009 President Aliyev visited officiallyGreeceand in 2011 Greek President Papoulias paid also an official visit toBaku. A lot of Ministers visited both capitals during the last years. A lot of agreements are already signed and implemented. Four Greek – Azerbaijani business fora took already place in both capitals. Earlier this year, we both celebrated the twentieth anniversary from the conclusion of bilateral diplomatic relations. However, at this moment, having as I said a new Greek government in power, I am unable to foresee any visit in the near future.

     

    -What are the current relations in the field of trade?

     

    -In 2011, exports fromGreecetoAzerbaijanamounted to 11,02 mln USD whereas exports ofAzerbaijantoGreeceamounted to 161,92 mln USD. I hope that this year we will register even better results. We also attribute attention in attracting high quality Azerbaijani tourists and I want to underline thatGreececontinues to be a top and safe world tourist destination.

     

     

    -What are the possibilities of mutual investments for businessmen of two countries?

     

    -A lot of sectors can be considered attractive for Azerbaijani investors inGreece. The real estate and the tourist sectors are the most interesting at this moment. I also believe that the energy sector can offer some possibilities for people looking to long term investment. Good prices, skillful personnel and favorable life standards allow us to say that, despite the crisis,Greeceis an attractive place for investors.

     

     

    -What is the position of Greece on the TAP project?

     

    -The TAP project includes Greece in its design. Consequently, if the TAP project is selected by the Shah Deniz consortium, Azerbaijan and Greece will become important partners, as far as export of Azerbaijani gas to Europeis concerned. It will certainly be a great step forward for both countries’ relationship. It will bring us closer and will boost bilateral economic cooperation.

     

    sourse   – http://bakupost.az/iqtisadiyyat/20120922050944801.html

     

  • A Joint letter sent to the management of Hyatt Hotels Corporation by the Turkic-American Organizations

    A Joint letter sent to the management of Hyatt Hotels Corporation by the Turkic-American Organizations

    On September 20, 2012, Assembly of Turkish-American Associations (ATAA), Azerbaijani-American Council (AAC), the Federation of Turkish-American Associations (FTAA) and the Azerbaijan Society of America (ASA) issued a joint letter regarding the involvement of Hyatt CEO, Mark S. Hoplamazian, in ethnic propaganda campaigns.

    September 20, 2012

    Attention:         Thomas J. Pritzker

                            Executive Chairman of the Board of Directors
    Hyatt Hotels Corporation
    71 South Wacker Dr, 12th Floor, Chicago, IL 60606

    Re:                   A joint letter of concern by the Turkic-American community organizations

    Dear Mr. Pritzker,

    On behalf of the Assembly of Turkish-American Associations (ATAA), Azerbaijani-American Council (AAC), the Federation of Turkish-American Associations (FTAA) and the Azerbaijan Society of America (ASA), together representing over half million Americans of  Turkic descent, we express our concern over the involvement of Hyatt CEO, Mark S. Hoplamazian, in ethnic propaganda campaigns. On September 22, 2012, Mr. Hoplamazian will address the 40th anniversary gala of the Armenian Assembly of America (AAA), an Armenian-American lobbying group, as a Hyatt executive. According to the AAA website, Mr. Hoplamazian also serves on the Advisory Board of “Facing History and Ourselves”, a non-profit group that “teaches about the Armenian genocide”.
    As you may know, the allegations of “Armenian genocide” are a subject of political and historical controversy. The World War I-era inter-communal atrocities in the Ottoman Empire were never tried in any tribunal and no intent to exterminate Armenians was ever established. No sentences or court verdicts were issued to interpret these events in terms of the 1948 United Nations Convention on Prevention and Punishment of Genocide. The International Court of Justice – the sole authority to determine applicability of the ‘genocide’ term to any crime – has never opened any case or drawn any conclusion on these allegations. The U.S. Government does not recognize the “Armenian genocide”. While many expert historians dispute the figure of 1.5 million Armenians allegedly perished between 1914 and 1920, during the same period armed Armenian groups massacred an estimated 518,000 ethnic Turks and other Muslims. Consequently, the attempts to flatly accuse Turkey of a grave crime are disrespectful towards the memory of those victims.

    Hyatt Hotels Corporation currently runs a total of four successful hotels in Istanbul, Turkey and Baku, Azerbaijan. Thus, Mr. Hoplamazian’s engagement with ethnic special interest groups that spread antagonisms against Turkey and Azerbaijan may be in violation of the Conflict of Interest clause of Hyatt’s Code of Business Conduct and Ethics. We appeal for a clarification from the Board of Directors regarding Mr. Hoplamazian’s involvement with AAA and the “Facing History and Ourselves”.

    Sincerely,

     

    Ergun Kirlikovali
    President, ATAA
    1526 18th Street, NW
    Washington, DC 20036
    Ali Cinar
    President, FTAA
    821 UN Plaza
    New York, NY 10017
    Javid Huseynov, Ph.D.
    General Director, AAC
    PO Box 50370
    Irvine, CA 92619
    Tomris Azeri
    President, ASA
    103 Elwood Ave
    Newark, NJ 07014