Turkey 2014

TURKEY JANUARY 4, 2015 speCiAl report

Intunewithtime A nAtion of blooming business opportunities

Turkey SPEcIAL REPoRT JANUARY 4, 2015

eDItoRIAL ExEcutivE Editor

Patrick Michael

SupplEmEntS Editor

Suchitra Steven Samuel Sub-Editor

Sadiq Shaban rEportErS

Farhana Chowdhury Suneeti Ahuja-Kohli

PRoDUCtIon dESignErS

Mohammad Ejaz Khan Sidharthan imAging

Venugopal Prabhu

ADVeRtISInG dirEctor AdvErtiSing

Haroon Qureshi

SEnior AdvErtiSing mAnAgEr (SupplEmEntS)

Philip Smith

AN INITIATIVE BY:

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ContentS Global powerhouse ‘Turkey and the UAE complement each other' Food for thought Discover Turkey Redefining coffee experience Turkey facts Glide in affordable luxury Promoting Turkey Indelible mark on world history Going global Leaders in furniture Flavours of success Experience of a lifetime Where history meets modernity High-end living spaces

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Shaikh Abdullah bin Zayed Al Nahyan, UAE Foreign Minister, with Mevlüt Çavuşoğlu, Turkish Foreign Minister at the headquarters of the United Nations (UN) in New York on the sidelines of the 69th UN General Assembly. — Photo: WAM

Global

powerhouse

Turkey’s relation with the UaE is based on mutual respect, friendship and dialogue Sadiq Shaban

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urkey has built a strong tradition of statehood by coalescing a predominantly Muslim society with modern universal values such as democracy and human rights. “Turkey has become a beacon of hope and inspirationforourregionandbeyond.Thatiswhy we are proud of our pluralist political system and robust free market economy supported by a dynamic private sector and a young and educated population,” said Şefik Vural Altay, Former Ambassador of Turkey to the UAE. Turkey’s transformation has particularly gained momentum during the last decade. “I must humbly say that the Turkish economy has achieved an outstanding performance with its steady growth over the last 10 years. Sound

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macroeconomic strategies, prudent fiscal and monetary policies, structural reforms that the Turkish government has been pursuing in the last decade resulted in high rates of growth and increased confidence in the Turkish economy,” Altay added.

The Turkish economy is the 18 th largest in the world and the 6th largest in Europe. With the strengthening of structural reforms, the country’s macroeconomic fundamentals have also evolved. Turkey’s economy grew with an average annual real GDP growth rate of 5 per cent between 2002 and 2013. The country’s GDP rose to $820 billion by the end of 2013 from $231 billion in 2002. Interestingly the country’s GDP per capita soared to $10,800 from $3,500 in 2002.

“While many economies have been unable to recover from the global financial recession, the Turkish economy expanded by 9.2 per cent in 2010, and 8.5 per cent in 2011, thus standing out as the fastest growing economy in Europe, and one of the fastest growing economies in the world,” he noted.

Turkey continues to be a centre of attraction for international investors.

“The number of international companies that are active in our country, where equal treatment to both national and global investors is secured by law, has exceeded 34,000. In addition, Turkey has become a regional centre to many multinational companies.”

Turkey is a global powerhouse in manufacturing thanks to its strategic location for international transportation, close-

Turkey is a global powerhouse in manufacturing thanks to its strategic location for international transportation, closeness to energy resources, and high quality workforce.

ness to energy resources, and high quality workforce. The country is one of the world’s largest automotive manufacturers and Europe’s leading maker of commercial vehicles, producing more than one million motor vehicles annually. It is the top TV manufacturer in Europe with one in every six electrical household appliances in Europe produced in Turkey.

More than 40 million travellers visit Turkey annually. As one of the largest air carriers in the world by number of destinations, Turkish Airlines flies to the highest number of countries around the globe. “Turkey is home to a mosaic of people and offers travellers the chance to glimpse and savour the marvels of ancient civilisations, as well as to experience all that is expected from a dynamic, modern and industrialised nation. This year more than 50,000 UAE citizens are expected to visit Turkey,” the former Ambassador quipped.

Talking about Turkey’s relations with the UAE, Şefik Vural Altay said: “Our historical ties go back for centuries. The history of Turkish-UAE relations is that of two brotherly people bound together by close cultural, social, and religious ties.

Turkey sees the UAE as an important partner in the Gulf region as well as in the international arena.”

The UAE is Turkey’s leading trade partner in the GCC with a bilateral trade increasing from $355 million in 2000 to over $10 billion as of 2013. For the first seven months of this year the bilateral trade reached $4.5 billion. The most im-

Şefik Vural Altay, Former Turkish Ambassador to the UAE. — KT Photo: Nezar Balout

portant Turkish items that are exported to the UAE include jewellery, raw and semi-processed gold, iron and steel, processed petroleum products, food items, carpets and textile items. Important items that are imported from the UAE include raw and semi-processed gold, jewellery, semi-processed aluminium, petro-chemical products, and raw and semi-processed silver.

In the retail sector, an increasing number of Turkish products and brands ranging from furniture and home appliances to food items enter the UAE market every year. Turkish firms display great interest in attending major international and regional fairs held in the UAE like Gulfood, SIAL, GITEX, Cityscape, Jewellery Exhibition, Big 5, ADIPEC, IDEX, Abu Dhabi Book Fair, Arab Health, Arabian Travel Market, etc.

Besides trade, significant investment opportunities exist in both countries, especially in the real estate and tourism sectors. Turkey is stepping up its efforts to encourage more UAE investments in the country, as well as more Turkish investments in the UAE, in fields that offer mutually profitable opportunities.

There are more than 500 Turkish firms, 27 company representatives and 244 commercial brands currently operating in the UAE. Turkish firms are involved in construction, hospitality, commerce and aviation in the UAE. Around 100 projects valued at $8.7 billion have been completed by Turkish contractors. Turk-

ish construction company TAV is the main contractor of the consortium building the Midfield Terminal of Abu Dhabi Airport. The company has also won the contract for the construction of Damac Towers by Paramount in Dubai.

Companies such as Tekfen, Nurol, TepeAkfen, MNG and Sembol, among others, are also active and have undertaken sizeable projects in the country’s construction sector. During recent years Turkish hospitality and aviation companies have started entering the UAE market. Turkish hotel chain Rixos’ investments in Dubai and Ras Al Khaimah are good examples of this new trend.

Turkey is fast gaining acceptance as a soft power. Turkish television series and soap operas have become very popular here in the UAE. “This is actually a worldwide trend; Turkey now exports over 70 dramas to 75 countries. The final episode of Gümüş (Noor) alone drew 84 million viewers in the Middle East. Last year in March, Turkish film The Butterfly's Dream came to theatres in all emirates and premiered at the Dubai Mall. Also, Turkey is being represented by three movies namely Sivas, Fish and Winter Sleep at Abu Dhabi Film Festival 2014,” he concluded.

—sadiq@khaleejtimes.com Şefik Vural Altay served as Turkey's Ambassador to the UAE from October 2009 to December 2014. This interview was conducted while he was in office.

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General Shaikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, with Turkey's current President Recep Tayyip Erdogan in Ankara, and (right) former President Abdullah Gul in the UAE.

‘TurkeyandThe uae

KT photo by Dhes Handumon

complement each other' The new Consul General of Turkey to Dubai and Northern Emirates in a freewheeling conversation with Khaleej Times

Erdem Ozan, Consul General of Turkey to Dubai and Northern Emirates

Sadiq Shaban

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he new Consul General of Turkey to Dubai and Northern Emirates, Erdem Ozan, is on a mission to give further impetus to the strong bond that exists between Turkey and the UAE. The career diplomat, 40, is frequent on the Dubai social circuit, and has already explored large parts of the Northern Emirates.

Talking about the contribution of Turkish community in the UAE, Ozan notes, "Going by the general profile of the Turkish community in the country, which is very high, I am glad to say that it is a dynamic one. More than 10,000 Turks live in the UAE, most of

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whom are in the business sector apart from working in sectors like healthcare and academics, etc."

Ozan joined the Foreign Service 17 years ago. A student of political science from the prestigious Ankara University, he started his career in Economic and Trade Relations, Government of Turkey. After his initial posting in Africa, Erdem joined the Turkish Diplomatic Corps in Strasbourg, the capital of Alsace in France, and the official seat of the European Parliament.

A specialist in multilateral diplomacy and human rights, Ozan was dispatched to Vienna, Austria in 2007. He worked at the Organisation for Security and Cooperation

Going by the general profile of the Turkish community in the country, which is very high, I am glad to say that it is a dynamic one. More than 10,000 Turks live in the UAE, most of whom are in business sector apart from working in sectors like healthcare and academics, etc.

— Erdem Ozan

Born: Izmir, West Coast, Turkey First posting: Lagos, Nigeria (2000) Joined as Consul General in Dubai: September 2014 Children: Girl, age 9. Boy, age 6

in Europe (OSCE) for five years, the largest security-oriented inter-governmental organisation in the world that monitors arms control, promotion of human rights and fair elections.

Talking about the growing bilateral relationship between the UAE and Turkey, the Consul General explains, "Our mutual relationship has a very strong base. Its strength drives from people to people contact. During my interactions with people here I observed a real proximity and alignment of shared values. We have both historic ties and kinship with the UAE." In his present stint as the Consul General, Ozan is getting to know the people, culture and values of the UAE at a much more profound level. "I believe Dubai has its own uniqueness and dynamism. What the emirate has achieved in the last few decades is truly remarkable. I would like to take this opportunity to congratulate the visionary leadership of this country."

With both the UAE and Turkey seen as key business hubs in the region, Ozan feels that both nations enjoy renewed confidence and competitive advantages. "Competition is a mutually reinforcing exercise. Both Istanbul and Dubai are two important business hubs with their own distinct advantages and strategic importance. Both places are benefitting from their own comparative advantages."

As more and more Turkish firms show interest in investing in Dubai, many Emiratis are mulling to acquire properties in Turkey. "It is an excellent sign which means the competition is working in the right direction. Business centres like Dubai and Istanbul are continuing with the growth story, always seeking new areas of cooperation and investment. It is a healthy competition, not a race."

Trade between the UAE and Turkey has touched $10 billion annually. The UAE imports gold, carpets, food products, heavy industries as well as construction materials from Turkey.

"If you want to be a regional power with a

sustainable economy you cannot afford to stand still. There is always room for improvement and development. That is why we should seek ways and means of further enhancing our business and cultural ties."

The Turkish Consulate in Dubai is at the forefront of liaising with the Turkish community in the emirate. Adds Ozan, "We are involved in the efforts to enhance commercial relationship to follow economic developments in the region. Apart from enhancing our services to the Turkish citizens here, we are looking at ways to work with the community in a more meaningful manner."

Commenting on the various tourism opportunities that Turkey offers to locals and expatriates in the UAE, the Consul General quipped, "Turkey is one of the world’s most visited tourist countries. During the last decade or so, the government has made huge investments in the sector. Apart from usual vacation destinations like Istanbul, attractions like Cappadocia, a historical region in Central Anatolia, in Nevsehir province is gaining prominence."

With holidaymakers keen to visit Turkey’s under-explored natural destinations like the northern coast, Ozan highly recommends the Black Sea region. Besides being rich in forests, the northeast part of the region is home to some of the most beautiful crater lakes, waterfalls, mountain scenery and alpine meadows. For those seeking to get off the beaten track, the Black Sea coast offers lush forests, tea plantations, hazelnut orchards, fresh sardines and much more.

Apart from its touristy allure, Turkey also enjoys a wave of cultural soft power in the UAE thanks to its popular soap operas. The Consul General notes that people are attracted to the shows because it showcases a shared set of values that are culturally authentic. "I am impressed by this fondness and love for Turkish culture shown by the Emiratis. It goes on to prove how close we are in various spheres of life," Ozan concludes.

—sadiq@khaleejtimes.com

Trade between the UAE and Turkey has touched $10 billion annually. The UAE imports gold, carpets, food products, heavy industries as well as construction materials from Turkey.

KHALEEJ TIMES | JANUARY 4, 2015

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FOOD FOR THOUGHT Tantalise your taste buds with Turkey's delectable dishes and desserts

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FARHANA CHOWDHURY

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here’s much more to Turkish food than doner kebabs. Its cuisine captivates global taste buds with a refined fusion of dishes, whose influences are derived from various neighbouring cuisines, namely Balkan, Mediterra-

KHALEEJ TIMES | JANUARY 4, 2015

nean, Middle Eastern and Central Asian.

Its geographic location, set as a divider between Europe and the Middle East, is responsible for bringing a rich blend of eateries, which has now become a favourite among aficionados.

The dishes largely retain hints of the Ottoman Empire and feature key ingredients

such as seasoned rice (pilav), lamb, fish, lentils, eggplant and nuts — each prepared with a dash of spices. The herbs and spices in Turkish cuisine specially focus on subtle flavours to enhance the main dish, often blending black and red pepper, cumin, paprika, mint, parsley, oregano and thyme.

Despite the popularity of

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TURKEY Despite the popularity of fast food joints in Turkey, home-cooked meals are preferred. fast food joints in Turkey, home-cooked meals are preferred.

Breakfast or, kahvalti, is one of the richest meals of the day with heavy emphasis on spicy sausages (soujouk) with eggs and soups composed of lentils or wheat.

These are often accompanied with crispy breads (simit and pogacha), cured beef (pastirma), savoury pastries (borek), butter, cheese, olives, tomatoes, cucumbers, honey and clotted cream.

Lamb remains the star of the country’s meat dishes and takes on the form of kebabs and kofte (meatballs), largely preferred for lunch and dinner, while kurufasulye, white beans in simmering tomato sauce, often served with rice, is a top favourite.

Turkish tea is a staple, which is often prepared with

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loose tea leaves and consumed without milk. Another popular drink in the region is Ayran, a cold and salty foamy yoghurt drink.

A number of restaurants also serve Turkish snacks, better known as mezze that range from lahmahcun, a flatbread with spiced minced meat, to sarma, grape vine leaves stuffed with rice, minced lamb, herbs, spices and pine nuts.

Cheese, especially those made from sheep’s milk, are a regular dairy product on the table, besides sliced melons, walnuts in hot pepper paste and cold eggplantbased salads.

Dips primarily form part of Turkey’s snack options, with

KHALEEJ TIMES | JANUARY 4, 2015

varieties such as cacik (yoghurt blended with shredded cucumber, garlic and mint leaves) and tarama (fish roe with mashed potatoes and olive oil), to name a few.

Aside from the cubeshaped confectionary lokum (better known as Turkish delights), its desserts drip with wholesome syrupy goodness.

Examples include the doughbased bakhlava, kunafe, revani (traditional sponge cake) and tulumba (semolina

doughnuts).

A trip down the winding streets of Istanbul, or the alleyways in Dubai’s Global Village, one cannot simply have ice cream without going through the comedic routine of its server. Better known as dondurma, the chilled dessert is infused with salep, a flour that gives it its distinct t e x t u r e a n d m e l t- f r e e properties.

Eat hearty!

—farhana@khaleejtimes.com

Linden Travel provides boutique travel arrangements for people who are looking for a customised Turkey experience

By Sadiq ShaBan

W

hether you fancy an authentic baklava with layers of phyllo pastry and honey in it, or unwind in one of Istanbul’s myriad Turkish hammams, look no further than Linden Travel and Organization. The firm specialises in custommade private tours and destination services for individuals and business groups in Turkey.

“I was a licensed guide in Turkey for a decade. While conducting various tours I noticed that most of the travel agencies were giving the same set of services to visitors. They were taking people to the same spots. There was nothing different in what was on offer. Then it hit me, Turkey is much more than that," Yener A. Leenhouts, Managing Director, Linden Travel told Khaleej Times.

It was this realisation that led to the idea of Linden Travel. “I recognised that there is a dire need for a personal touch, a unique experience, and a customised service in the country’s tourism industry. Whether someone likes to spend time in a museum, beach, Bosporus cruise or in one of Istanbul’s bazaars, Linden Travel has something for everyone. The service is not only top-notch, we make sure that the traveller looks at Turkey from a

I recognised that there is a dire need for a personal touch, a unique experience, and a customised service in the country’s tourism industry.

Whether someone likes to spend time in a museum, beach, Bosporus cruise or in one of Istanbul’s bazaars, Linden Travel has something for everyone. The service is not only top-notch, we make sure that the traveller looks at Turkey from a very special perspective.

— Yener A. Leenhouts very special perspective.”

Inspired by the beauty of Turkey and its global branding as a great cross-cultural product, Linden started offering its services to the discerning travellers since 2008.

“My professional sense told me to combine the sights and sounds of Turkey with my experience, which is both personal and intimate. We seek to engage the traveller, asking them about their likes, interests and other details to make their Turkish experience more personal and worthwhile.”

Adds Yener, “Apart from the main highlights we make sure that our personal touch is there all along. For instance, if a family is travelling with children, we will keep the kids entertained throughout the trip, which includes organis-

KT photo by Shihab

Discover Turkey

Yener A. Leenhouts, Managing director

ing trips to miniature parks, etc. We have options if someone likes to enjoy history less and is more keen on culture or food. The idea is to keep the Linden touch in all the tours that we conduct.”

For Yener working in tourism fulfils a strong personal passion. As a student of history and someone who feels deeply connected to Turkey, she wants people to bask in the glory of her country. “I am passionate about Turkey. I want people to explore the various facets of the country.

A visit to the Spice Bazaar, one of the largest covered markets after the Grand Bazaar, for example, is a delightful experience where one can travel back in time, figuratively, and pick up spices, nuts, dried fruit, Turkish coffee, loose tea leaves, and much more.”

Notably the gamut of services offered by Linden Travel is high quality. Says Yener, “I want to make a difference in how tours can be organised in Turkey. At Linden we sincerely want to showcase the

best that our industry has to offer. That is the reason we pick up guides who are not only efficient but have a minimum experience of 10 years in the industry.”

For those wanting to visit one of the most fascinating and culturally rich places, all roads lead to Turkey. “The country is a microcosm of beauty reflected in thousands of years of history, ancient civilisation, beautiful resorts, halal food, whirling dervishes, stunning churches and medieval palaces. We want Linden Travel to facilitate this amazing journey for you,” Yener concluded.

For more information: Linden Travel Mob: +971 56 3015023 (Dubai) Mob: +905422149338 (Turkey) E-mail: yener@lindenturkey.com www.lindenturkey.com — sadiq@khaleejtimes.com

KHALEEJ TIMES | JANUARY 4, 2015

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Redefining

coffee experience Selamlique specialises in authentic, top-notch Turkish coffee, delicacies and delights

Kanat Kutluk, General Manager

Sadiq Shaban

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elamlique has become synonymous with quality in the UAE. Lovers of Turkish coffee vouch for its authenticity and flavours.

In just over two years Selamlique has been able to create an experience that is both unique and original.

“The brand was co-founded by two Turks, Caroline Koç and Banu Yentür in 2009 as Selamlique Turkish Coffee, Istanbul. Both were here recently for the inauguration of our latest boutique store in the World Trade Centre Mall in Abu Dhabi. This is our third major outlet in the UAE. With the growth in popularity, we intend to increase our footprint in the country,” says Kanat Kutluk, General Manager (GM), Selamlique Franchisee UAE. Kanat, a jet-setting professional who previously worked with Ecolab, a global provider of water, hygiene and energy technologies, formally joined Selamlique earlier this year.

Leveraging his knowledge and

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international expertise to fill in the vital gap for pure Turkish coffee in the UAE, Kanat has successfully redefined the coffee experience here.

Upon his first visit to Dubai, Kanat realised that there were very few quality Turkish cafés in the emirate. “There are around 10,000 Turkish expatriates here apart from a large number of Turks who travel to the UAE. If you ask any one of them, they would tell you the same. The Turkish coffee sold here was not of fine quality and the choice was very limited, even in five-star hotels. That is how the commercial idea of introducing an authentic Turkish coffee came about,” he added.

Making sure that everything

Selamlique flavours Traditional, chocolate, cinnamon, cardamom, mustik and dark roast.

The line-up also includes decaf Turkish coffee.

from packaging to flavours is a class in itself, Selamlique Turkish Coffee, Istanbul, has been able to carve a niche for itself. No preservatives are used in Selamlique, making it a natural coffee but that reduces the shelf life to oneyear, unlike other coffee brands which have a threeyear shelf life. What has also worked in favour of Selamlique is the personalised attention to detail, right from the stages of production, storage, shipment, and till it finally reaches the customer.

“When we first launched our operations in the UAE, the idea was to change the understanding of coffee and herald this country into a new coffee culture, which is both quality andTurkish. We were surprised by the overwhelming response Selamlique got,” says the INSEAD-educated GM. Now a popular, albeit highend name in the Turkish coffee circuit, Selamlique can be relished at dedicated cafés set up in more than 45 fivestar hotels, including Jumeirah Zabeel Saray, Ritz Carlton

TURKEY

When we first launched our operations in the UAE, the idea was to change the understanding of coffee and herald this country into a new coffee culture, which is both quality and Turkish."

— Kanat Kutluk

Selamlique inaugurated its latest boutique store in WTC Mall, Abu Dhabi

Dubai and DIFC, Sofitel, Four Seasons, Marriot Marquis, Jumeirah Creek Side, Waldorf Astoria, Hilton, Eastern Mangroves, Jumeirah Etihad Towers, Abu Dhabi. Besides the Abu Dhabi Duty Free, the coffee is supplied to top corporate houses in the country.

Selamlique’s extensive range of products includes gourmet coffee in sachets, packets and machines for making Turkish coffee apart from fine chocolates.

Prodded about the risk and confidence required to launch a little known brand in a fiercely competitive market like the UAE, Kanat waxed eloquent, “I was confident about the brand and its appeal. By instinct and some degree of research I knew that the market here was ripe for a high-end, quality product like Selamlique Turkish Coffee, Istanbul. I sensed the need and we had a really good product at hand; therefore taking the plunge was not hard. I also trusted my sales skills,” a confident Kanat explained.

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Selamlique style: Packaging and great flavours makes it an incredible coffee experience

The drive to do better keeps Selamlique growing. Right pricing, good service and availability proved to be the right ingredients for the brand's exponential growth.

Since a bulk of the product goes to leading hotels in the

KHALEEJ TIMES | JANUARY 4, 2015

Key people at Selamlique Kanat Kutluk partners with Mansoor Al Bastaki of Ikon AIM General Trading to bring Selamlique Turkish Coffee, Istanbul exclusively to the UAE.

UAE, Kanat ensured that the product was readily available, the pricing was steady and the service was efficient.

What also worked for Selamlique was good branding.

Agrees the General Manager, “Yes, a big problem for Turkish coffee is that it is not branded. We sought to change those perceptions.”

With its signature products like Turkish delights covered in different flavours viz rose, cinnamon and mustik, several of Selamlique’s delicacies come sprinkled with real gold dust. “Our coffee beans are sourced from Brazil and processed in our dedicated factory in Izmir, Turkey. We produce only Turkish coffee, which is our core strength. A lot of brands, for instance, will make espresso, cappuccino and some parts Turkish coffee but with us it is different. We only source the finest beans, which are usually Arabica and specialise in Turkish coffee alone. At Selamlique, quality takes precedence over everything,” Kanat concludes.

—sadiq@khaleejtimes.com

Turkey facTs Official name: Population: Capital: Area: Language:

Republic of Turkey 76,667,864 (as of January 2014) Ankara 783,562 square kilometres Turkish, Kurdish, Arabic, Armenian and Greek Currency: Turkish Lira Life expectancy: 69 years GDP per capita: $822.1 billion Literacy rate: 95 per cent Industry: Textiles, food processing, autos, mining, steel and petroleum Agriculture: Tobacco, cotton, grain, olives and livestock Exports: Apparel, foodstuffs, textiles, metal manufactures and transport equipment

Titbits • Turkey is responsible for 80 per cent of the world’s hazelnut exports.

• Turkish traders introduced tulips and coffee to Europe.

• Turkey is home to approximately 9,000 species of flora, of which 3,000 are endemic.

• It is also the centre of origin for over 30 species of fruits as well as the world’s most important plant genetic sources especially for grains and legumes.

• Rich in fauna, over 40,000 animal species are found in Turkey, which makes up an estimated 80 per cent of the ones found in Europe.

• Turkey is home to over 10 World Heritage Sites.

• Istanbul’s Grand Bazaar has about 64 streets, 4,000 shops and over 25,000 workers.

• Istanbul is known as the world’s only city that spans over two continents; only 3 per cent of Turkey is in Europe, while the rest is in Asia.

• The Istanbul Tünel, which began operations in 1875, is known to be the world’s second largest underground railway.

• Istanbul was chosen by the European Union as the European Capital of Culture in 2010.

• Football is among the most popular sports in the nation.

• The country’s coastline beside the Black Sea stretches for about 1,650 kilometres.

• Turkey ranks third in the world with its 397 blue-flagged beaches, as of June 2014. The Blue Flag is a top European award for the cleanest water.

• The highest point in Turkey is Mount Ararat that stands at a height of 5,137 metres.

KHALEEJ TIMES | JANUARY 4, 2015

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Glide in affordable luxury Turkish Airlines connects 261 global destinations, giving passengers a chance to tour every corner of the globe

W

ith rich and diverse cultural wonders, Istanbul is one of those cities that exude charm like no other. With a blend of eastern and western influences reflected in magnificent monuments, treasure trove bazaars and palatial museums through to the heights of rooftop restaurants, contemporary fashion malls and the world’s finest hotel and spa brands, Turkey is must-visit destination.

Be it Istanbul, Cappadocia, Pamukkale, Ephesus, or any of the other popular Turkish cities, the country is home to shopping havens.

These include the Grand Bazaar and Egyptian Spice Market for linens, ceramics

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and local delights. Beyond the traditional artefacts, there is an abundance of chic boutiques and high-end designer malls.

Today, holidays are not necessarily taken during the traditional holiday seasons, so travel is all about the experience. To this end, Turkey’s national carrier Turkish Airlines is one of the best airlines to fly to this exotic destination. The airline invests heavily in the overall customer experience.

With 261 global destinations, Turkish Airlines flies to more countries than any other airline. Tourists from the UAE have an opportunity

KHALEEJ TIMES | JANUARY 4, 2015

to reach every corner of the e globe via its hub in Istanbul,, which is only a few hours’ flight away, and is named the hottest destination for 2014 in a recent TripAdvisor poll.

Owing to the city’s incredible popularity, Turkish Airlines offers free tours at certain stopovers in the city with the ‘Touristanbul’ service.

Visitors can spend time exploring historical masterpieces, marvelling at the stunning natural scenery from the Bosphorus, enjoy culinary delights or simply relax in the luxury setting at some of the world’s finest hotels and spas with vistas of the famed landmarks in the city.

Beyond the beating pulse of the city, the domestic network of Turkish Airlines connects travellers to 43 destinations, covering a diverse selection of holiday options from spectacular natural landscapes rich with waterfalls and wildlife, through to family beach holidays on the expansive coastline and the cultural relics of historical landmarks spread across the country.

A Star Alliance member, Turkish Airlines operates the fourth largest flight network in the world with a fleet of

p 241 aircraft, a milestone leap from the five airplanes oper operated in 1933 when the company was established.

The Turkish Airlines Lounge Istanbul, an incredible worldclass facility at Ataturk International Airport, has been recently enhanced. In addition to the existing facility for business and comfort class passengers, which includes a children’s playground, library, billiards area, prayer room and teleconference section, the expansion has added more relaxation and shower space as well as additional massage beds.

For its corporate-minded passengers, Turkish Airlines has launched "Invest On Board" digital platform, which enables guests to encounter, in flight, fascinating and enterprising ideas presented by important business personalities from around the world; plus live TV, high-speed Wi-Fi broadband internet access, CIP Lounges which bring a unique level of comfort and ease to passengers before and after their flights.

Whether exploring the magical bazaars of Istanbul or enjoying local scenery and culinary delights, Turkish Airlines offers affordable luxury for the journeys to Turkey and the world beyond. Its Miles & Smiles loyalty programme rewards frequent flyers, and Wingo promotions provide competitively priced tickets. The airline has been awarded Europe’s Best Airline (Skytrax 2014) for the fourth year running, voted by passengers in recognition of its continued efforts to enhance the travelling experience.

Yalova...Home of Nature...

Take a breath in where green blends with blue

WHY YALOVA IS THE PERFECT PLACE TO SPEND TIME IN TURKEY? • Yalova is the new growing city located close to both Istanbul and Bursa.

• Bursa is only a 20-minute drive from Yalova and Istanbul Airport is approximately 90 minutes away by ferry.

SAHARA PROPERTIES “YOUR PRIVATE REAL ESTATE SERVICE PROVIDER”

• Yalova has a perfect balance between green forests and the blue sea.

With the new property ownership law in Turkey a void in the market was identified. Hence a need for a reliable real estate agency to bridge the booming Turkish property market to the GCC investor. Sahara Properties relies heavily on the partners’ extensive network in the community, where transaction is done on trust and long-standing relationships.

• The city has ancient thermal water spas and hot water springs for healthy living.

• Yalova is a family place with lots of activities, good weather conditions all year and delicious food.

WHY SHOULD YOU INVEST IN YALOVA? • The third largest suspension bridge in the world connects Yalova to Istanbul. Construction will be completed at the end of 2015.

• The new Istanbul – Izmir highway passes by Yalova.

Roadworks will be over by the middle of 2017.

• Yalova University campus will be opening soon.This campus will be one of the biggest in Turkey.

• Third biggest shipyard and private marina will be open soon.

• Two well-known shopping mall brands will be open in Yalova soon.

SAHARA PROPERTIES OFFERS YOU A WIDE RANGE OF INVESTMENT OPPORTUNITIES FOR YALOVA

• Private villas • Apartments • Lands with building permit • Lands for agriculture

Elif Dulger Managing Director Sahara Properties For more information please contact us: Phone: +971 4 453 75 00 E-mail: invest@sahara-properties.com www.sahara-properties.com

TURKEY

Promoting turkey

Turkish Business Council is a one-stop business support centre for Turkish firms in the UAE, says Hakan Bahceci

Hakan Bahceci, Chairman Turkish Business Council

T

he Turkish Business Council plays a significant role in building and reinforcing business ties between Turkey and the UAE. Excerpts from an exclusive interview with Hakan Bahceci, Chairman of the Turkish Business Council: What is the current status of mutual trade between Turkey and the UAE? The mutual trade between Turkey and the UAE has been increasing for the last 10 years. While the trade volume between the two countries was only a few million dollars in the past, this has increased to about $11.8 billion in 2012.

Currently, the bilateral trade consists of 900 components; Turkish exports to the UAE are predominantly precious metals such as iron and steel, petroleum, textile and food products.

The UAE is Turkey’s fifth largest export market. In 2012, it recorded exports of $8.17 billion, up by 120.5 per cent ($3.7 billion) from 2011. The main exports from the UAE to Turkey are precious stones, metallic grease, fuel oil, raw leather, manure and aluminium.

Goods imports from UAE totalled $3.59 billion in 2012, up 118 per cent ($1.64 billion) from 2011. We would like to see the bilateral trade volume grow by 10 to 15 per cent annually to reach $15 billion by the end of 2015.

How would you define the Turkish Business Council’s role in building and reinforcing business ties with the UAE? Under the umbrella of the Dubai Chamber of Commerce and Industry, we are working on a two-way approach to create business ties. We provide an excellent platform for companies on both sides by organising regular networking

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events and investment forums on different industries, providing insights for market opportunities and legal structure in both countries. We are connecting businessmen directly to the network they need. Having close ties with Turkish business groups, trade chambers and other commercial entities in Turkey empower us to effectively help local businesses to connect with the Turkish market as well.

Tell us more about efforts to promote Turkish exports abroad?

Turkey achieved solid growth in the last decade. As a country with a good economic track record, young and dynamic population, strong trade relationships in the world and attractive products and investment opportunities to offer, Turkey has bigger goals to achieve by 2023.

The UAE is Turkey’s fifth largest export market. In 2012, it recorded exports of $8.17 billion, up by 120.5 per cent ($3.7 billion) from 2011.

Turkey is the 18th largest economy in the world with a GDP of $786 billion – based on the World Bank data. Its economy expanded by 4 per cent year-onyear in 2013.

Turkey’s annual export stood at $151.86 billion in 2013, while heavy vehicles and machinery were the leading export categories, iron and steel, textile and agricultural food categories were the other strong performers of our exports.

Such growth comes as a result of making necessary reforms in the country, utilising its natural advantages such us having a young population and actively promoting investment opportunities and Turkish products abroad.

Turkish agricultural reforms implemented in the last 10 years increased the agricultural production from $25 billion to $62 billion, raising Turkey to the first place in Europe and seventh in world. Turkey targets to increase its

production to $150 billion and exports to $40 billion by 2023.

On the promotion side, Turkey has very active organisations such as Turkish Exporters Assembly (TIM), which has 13 regional exporters associations, Export Promotion Center of Turkey (IGEME) and the Investment Support and Promotion Agency (invest.gov.tr). There are also sector-specific exporters' associations.

Also there are councils like ours promoting Turkish products and investment opportunities abroad.

How many Turkish business entities are present in the UAE? What role do they play to strengthen trade ties between the two countries?

There are around 600 companies, which are either 100 per cent Turkish or having a Turkish partner in the UAE. These companies are active in various sectors such as constructions, financial services, tourism and hospitality, logistics, general trade and food trading.

The popularity of the Turkish TV series in the UAE, increasing number of visitors and growing real estate investments between the two countries are some of the most noticeable proof of our historical and cultural connection.

The role of the Turkish companies in the UAE is to build bridges on that naturally strong ground. We are seeing more and more Turkish brands and restaurant chains in the UAE. Can the Turkish Business Council be called a one-stop business support centre? Are you active in major business areas across the Middle East?

Indeed, the Turkish Business Council is a one-stop business support centre.

When a company wants to set up a business in the UAE, we provide them with information on the local market they want to invest in. More importantly, we offer them a step-by-step guideline and the right connections in order to provide them a smooth launching experience.

Once businessmen contact the Turkish Business Council, together we go through their needs and deliver them a tailored solution. Being in one of the most important hubs in the Middle East, we have the notion of neighbouring countries. Our events are attracting Saudi and Omani businessman as well.

TURKEY

Indelible mark on

world history A centre of power for centuries, modern Turkey is now an economic force to reckon with

Suneeti AhujA-Kohli

T

urkey, a country that is at the crossroads of Europe and Asia, has an indelible mark on the world history. The richness of history and culture, dating back to 1900 BC, has a handful of comparables in the world. It has been a force to reckon with in the past, and even today, as Turkey negotiates its way to become a part of the European Union, its manufacturing and economic prowess make it an important engine of growth.

A brief look at its history 1900BC to 323BC: The Hittites dominated Anatolia from the Middle Bronze Age. It was swiftly followed by regional invasions and Alexander the Great.

Equestrian statue of Alexander the Great in bronze

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A mosaic from the Byzantine era

133BC to 395AD: This era largely belonged to the Romans who brought peace, prosperity and Christianity to the region. Their reign lasted for nearly five centuries and interestingly, Constantinople was built as a new capital under the monarchy of Emperor Constantine during this period. Constantinople, or Istanbul as we know it today, has been the seat of power for centuries. It was the capital city of the Roman and Byzantine, the Latin, and the Ottoman empires. In the 12th century, it was the largest and the wealthiest European city.

669 to 678: This was a turning point in the history of the region, leaving a lasting impact on the cultural landscape and the way of life of the people. The rule of Emperor Justinian (eastern Roman, or Byzantine, empire)

ended during this time when armies from Arabia invaded the region. The invaders were looking to advance into Europe through Anatolia.

1071 to 1243: The rise of the Mongol empire created a furore and exodus of people from the steppes in Central Asia to the region.

The history refers to these people as the first Turkic people, or Seljuks, who fought off the Crusaders and the Mongols and gave rise to the Ottomans.

1299 to 1914: The hegemony of the Ottomans in the region lasted for more than six centuries. The empire made massive territorial gains during their era. By 1820, the Ottoman Empire had expanded from the Gulf to Vienna, all along the north coast of Africa, around the Red Sea and to the shores of

Turkey is advancing in its efforts to be a part of the European Union.

Talks on membership of the European Union started in October 2005, and are continuing till date.

Ortelius's map of the Ottoman Empire the Caspian, and continued to make advancements.

1914 to 1918: The period of the World War I was another significant timeline in the history of the country, as it changed the demography and geography forever. After suffering a series of military defeats in the 19th century, the Turkish Army was compelled to grant zones of influences to European powers.

Britain took Egypt; France occupied Syria and Lebanon;

secular, democratic Republic of Turkey was formed on October 29, 1923. The capital was then moved to Ankara.

Austria-Hungary got BosniaHerzegovina; and Italy ruled over Libya. The Turkish Army went down in defeat during the Balkan Wars (1912-1913), which forced it to revisit its strategy and make reforms in the army. In 1913, the Turkish government, or Ottomans, sided with the Germans to help modernise its army.

Meanwhile, the British supported an Arab revolt against the Ottomans and after the war, the League of Nations took over the empire.

1939–1945: Turkey entered the second world war on the allied side shortly before its end and consequently benefitted from the US aid.

General Mustafa Kemal Atatürk

World War I first-aid station

1919-1923: These four years marked the Turkish war of independence or Liberation War fought between the Turkish nationalists and Allies, namely Greece, Armenia, after the country was occupied and partitioned following the Ottoman Empire’s defeat in the World War I. The Greeks invaded western Turkey and General Mustafa Kemal Atatürk organised Turkish forces to defend the Turkish heartland. Eventually, the allies left Anatolia and Eastern Thrace, and a

1960-2004: A number of military coups have been performed against the government during the last half-century. However, civilian rule was restored swiftly. The country has also made strides in economic and social progress during this time. It is the 18th largest economy in the world and sixth largest in Europe. Its entrepreneurship and prowess in manufacturing has made it a preferred location for global companies.

2004: The country is now advancing in its efforts to be a part of the European Union.

Talks on membership of the European Union started in October 2005, and are continuing till date.

—suneeti@khaleejtimes.com

KHALEEJ TIMES | JANUARY 4, 2015

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TURKEY

Going

global

Turkish pavilion is a favourite pit stop for the lovers of Turkish treats Sadiq Shaban

A

mong the pavilions in the Global Village with the maximum footfalls, the Turkish pavilion stands out. Be it the rich and diverse historical culture of Turkey that is evident in all its facets across jewellery, home furnishings, food, entertainment, the Turkish pavilion offers a slice of everything authentically Turkish. Located next to the main stage cultural arena, the Turkish pavilion hosts two of the most appealing and popular shows on offer at Global Village – the Isdancebul traditional Turkish dance troupe and a mesmerising Turkish acrobatic performance.

Isdancebul is an assemblage of colourful traditional dance of Turkey and adds a modern feel that makes the show as huge draw. The troupe performs a remarkable series of dances, which includes the dancers bringing out drums and playing traditional beats. Interestingly the acrobatics performance that takes place in the Turkey pa-

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Authentic Turkish honey has many takers. — Photos: Supplied Global Village has already attracted over 1 million visitors within one month of its opening. The park which opened on November 6 has witnessed a phenomenal response to its newly enhanced entertainment offerings, investment in new infrastructure and landscaping for the new season. vilion’s culture stage is equally popular. With the performers demonstrating feats of strength, agility, and balance, the enthused crowds cheer them on.

KHALEEJ TIMES | JANUARY 4, 2015

Turkish pavilion is a favourite pit stop for the lovers of Turkish treats such as Turkish lokum which is sold in over 25 different flavours including rose, pistachio, orange

blossom, coconut-coated and chocolate-coated. Visitors can relish several culinary treats with original Turkish coffee and ice cream being sold. The coffee can be bought packaged to take home as well as brewed and ready for consumption while at the pavilion.

Turkey is famed for its fragrant, flavourful honey (bal) gathered from the forests and fields of Anatolia. Several areas produce top quality honey, including the mountains along the Mediterranean shore near Marmaris, the mountains near Konya, and Kars in extreme northeastern Turkey. However, you don’t have to travel to the country to savour its finest produce. The Turkish pavilion sells the most natural and original form of honey, also called the Karakovan honey, which has been produced through traditional methods.

It is produced through a nature-friendly process that does not interfere with the bees and honeycombs as a natural environment is created for its production.

This year the Turkish pavilion has set up a video booth with a green background and a video camera set-up. Visitors can seat themselves at the centre of this make-shift green studio while a photographer captures a short video. The end result is a scene, with a musical background that shows you flying all over Turkey against popular Turkish songs. Special arrangements and songs for children are also available. After an exciting video journey, the visitor can take back a piece of Turkey through this experience on a DVD. If you wish to pick up a set of shimmering lights and mosaic glass lamps, you have to look no further than the Turkish pavilion at Global Village.

There are classic Anatolian pieces of work on display and if you have fancy the exotic, there are specially crafted colourful dishes, pots and bowls to add to the décor of your home.

—sadiq@khaleejtimes.com

Leaders in

furniture

Aycil Aktug, Regional director, Sandalyeci Middle East

Sadiq Shaban

S

andalyeci (pronounced Sandalyegi) is a leading brand from Turkey that specialises in the manufacture of high quality furniture (indoor and outdoor) with robust design. The firm aims to supply top-notch furniture to the hospitality business in the UAE and the wider region. With offices in Dubai, Izmir, Istanbul, Frankfurt, Almaty and Astana, Sandalyeci is already creating ripples worldwide.

“We have been in the business for more than 15 years. It is an established name in Turkey. What started as a ‘tables and chairs’ firm soon evolved into a major furniture brand. As of now, we have a 37,000 square metres factory in Izmir, Turkey. Mainly

sandalyeci sets itself apart with a traditional technique of manufacturing that makes it both durable and stylish

dedicated to manufacturing furniture for the hospitality sector, Sandalyeci is noted for its robust designs that come with a strong technique,” Aycil Aktug, Regional Director, Sandalyeci Middle East, told Khaleej Times.

Over time the firm has developed an excellent portfolio that includes reference projects with major establishments including hotels, restaurants and coffee shops in the UAE. Adds the Regional Director, “What sets us apart is a very traditional technique of manufacturing furniture which makes it long-lasting. Durability is a must in the hospitality sector and we cater exactly to those specifications.”

With a vision to sustain the position of leadership in durable furniture in the UAE, Sandalyeci has efficiently filled in the gap. “For us, Dubai is one of fastest growing cities in the world that attracts investments and businesses from all over.

There is a huge potential across all areas, especially the hospitality sector. We firmly believe in our line of products and are poised to make an even bigger impact in the days ahead,” noted Aycil, an acclaimed architect herself.

Sandalyeci is regarded as one of the most well respected Turkish businesses run by the illustrious Basterzi family (Hasan Basterzi, Kerim Basterzi and Seyma Basterzi). “The owners run the business very efficiently, sometimes working 18-19 hours a

day along with more than 300 workers. It is this competitive streak, which makes us stay ahead of others. We don’t make our clientele wait for months. Our short delivery time ensures that products are delivered within a span of six weeks,” Aycil said.

With more than 800 stunning models to choose from, Sandalyeci makes sure that it delivers only the best and the latest in its product lineup. To increase its retail footprint, the company is planning to open a new branch on the busy Sheikh Zayed Road. Sandalyeci has already furnished more than 20 top range restaurants and two big coffee shop chains in the region.

“We make our furniture with care and love, using only solid wood. We don’t use veneer wood. Being able to customise solutions means that clients can trust us to cater to their solutions 100 per cent," she concluded.

—sadiq@khaleejtimes.com

With offices in Dubai, Izmir, Istanbul, Frankfurt, Almaty and Astana, Sandalyeci is already creating ripples worldwide.

KHALEEJ TIMES | JANUARY 4, 2015

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turkey

TURKEY

Flavours SUCCESS Flavoursofof success FlavourTech adds to the savoury UAE market

B

oth Turkey and the UAE have seen its economies prosper in recent years, partly brought about by trade between them. Despite the shake-up of the 2008 financial crisis, its bilateral trade has shown a marked increase year by year. In the first quarter of 2011, it totalled over $1.3 billion, an increase of 50 per cent on 2010.

Much of this growth is driven by investments by businesses keen to find a role in the countries’ special relationship. One such business is FlavourTech, a food and beverage company specialising in highquality convenience goods. In the past 20 years, FlavourTech has expanded from humble family beginnings in Turkey to become a world player. Its Dubai office currently serves as a gateway to local markets across the UAE. Cultural bonding

For FlavourTech, investing in the UAE is about more than just a savvy business decision. Despite its Turkish origins, the company has come to feel very much at home when trading in the region, thanks to the welcoming attitude of its host country.

FlavourTech believes the cultural similarities between Turkey and the UAE have helped pave the way for this close business relationship. Aside from common faith, both place a heavy importance on hospitality and share a culinary history that spans thousands of years. Indeed, FlavourTech has found that many products developed for its home market are particularly popular with Emirati consumers.

From crisis to opportunity These close cultural ties led FlavourTech to take an unprecedented move during the 2008 financial crisis. As Dubai was rocked by global recession, many companies who had previously invested in the region took this as a cue to leave. Indeed, Deustche Bank reported that Dubai suffered the world’s biggest property slump, with house prices dropping 50 per cent from their 2008 peak.

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However, not content to follow the herd, FlavourTech chose another option. Rather than pull out of the UAE market, the company decided to invest in a larger office in Dubai. It was a gamble that paid off handsomely.

Today, the UAE economy is flourishing.

Oil prices are once again increasing and investment is flowing into the country.

For companies that weathered the crisis and stayed strong in the region, such as FlavourTech, the future is looking extremely bright.

An international hub One of the key benefits FlavourTech has enjoyed by positioning themselves in Dubai is the ability to reach almost every other major city in the region easily. Dubai serves as an international hub for trade and travel, with regular flights serving destinations across the Arab world, Asia, Africa, and South America.

Not only this, but the city’s reputation as a dynamic, cosmopolitan destination means that trade customers are keen to visit. It’s little wonder that FlavourTech plans to not only maintain its UAE presence, but also expand.

Looking to the future After 20 years of success in the wholesale business, FlavourTech has branched out in the past few months into the retail market in the UAE. Today, Mak-C — an instant powder drink, and the company’s flagship product — can be found on shelves across the country. The speed at which it has been able to gain a significant market share is, FlavourTech believes, a testament to the UAE’s open market.

Clearly, positive growth is not only a possibility but a fundamental part of doing business in Dubai. So what does the future look like for FlavourTech in the UAE? All signs point to continuing success. With the proposed launch of its Boni range into the retail market and expansion of its current ranges, the outlook here is rosy.

Khaleej Times Special Report

KHALEEJ TIMES | JANUARY 4, 2015

Sampling and customer feedback is important for Flavourtech's success in the uAe

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December 31, 2013

Clearly, positive growth is not only a possibility but a fundamental part of doing business in Dubai

TURKEY

experience ofalifetime

Be mesmerised by breathtaking architecture, indulge in good-natured haggle over carpets or spices, or sip some Turkish coffee in the warmest hospitality of the locals 26

KHALEEJ TIMES | JANUARY 4, 2015

Suneeti AhujA-Kohli

T

urkey, the seat of the great Ottoman empire, is on the bucket list of travellers worldwide.

Laced with a fascinating history, the country is soaked in culture and tradition that lives in harmony with the modern world.

In fact its modern-day capital, Istanbul, has jumped 11 spots from last year to take the top spot this year on the Trip Advisor's Traveller's Choice list of global destinations. Istanbul is not the only gem; Turkey is full of captivating cities that allure travellers from all over the world.

Istanbul: Home to the world-famous Blue Mosque, Istanbul is the largest city forming the economic, cultural and historic heartland of Turkey. Historically known as Constantinople, it was the seat of power for nearly 16 centuries and served as the capital of three great empires: The roman Byzantine, the Latin, and the Ottomans.

Istanbul was also the seat of last caliphate.

The rich history is still preserved through its architecture and the way of life of the locals. you can happily spend your entire trip visiting and admiring the vast variety of mosques, bazaars and Turkish baths. kick off your trip at the awe-inspiring Sultan Ahmet Camii (Blue Mosque), which is visible from many points of the city. Take a stroll across the Galata Bridge and stop by the Miniaturk Park to see its tiny artifacts. The Grand Bazaar has thousands of shops to browse, while the egyptian Bazaar is a fragrant trove of spices and fruits. Be mesmerised by its breathtaking architecture, indulge in good-natured haggle over carpets or spices, or sip some Turkish coffee in the warmest hospitality of the locals. This city will fill you with memories for life.

A tourist explores caves carved in the 'fairy chimney' rock formations at Goreme, Cappadocia Antalya: The third most visited city in the world, Antalya is the gateway to the Turkish riviera. Situated on the Gulf of Antalya, it is the largest city on the western Mediterranean coast and offers a mix of the old and new. At its core is the wonderfully preserved old city district of kaleiçi, which literally means ‘within the castle’.

The narrow cobbled streets of the Ottoman era have been retained to restore much of its historical character, and the city now welcomes guests with a number of hotels, restaurants and shopping avenues. Cumhuriyet Square, the main square of the city, is the location for temporary openair exhibitions and performances. There are sites with traces of Lycian, Pamphylian, Hellenistic, roman, Byzantine and Seljuk architecture and cultures.

The old city wraps itself around a splendid roman-era harbour with cliff-top views of hazy-blue mountain silhouettes that are worth raising a toast to. Just outside of the central city is one of Turkey’s finest museums.

Izmir: The grand port city of Izmir, the third largest in Turkey, is a proudly liberal, longtime centre of commerce that has emerged as a smart alternative base for travel in the west of the country. Formerly the Greek city of Smyrna, Izmir lives by its seafront kordon (promenade), which, especially around leafy Alsancak, is as fetching and lively as any in the world.

Izmir is quite distinct from

Ten musT-vIsIT sITes • Hagia Sophia • ephesus • Cappadocia underground Cities • Topkapi Palace • Anzac Cove • Basilica Cistern • Troy • Bodrum Castle • Blue Mosque • Aspendos roman Theatre the rest of Turkey; it retains a liberal, laid-back feel. The city is developing a reputation for its cultural and civic foresight. The International Arts Festival in June and July is adventurous and vast, while a number of decrepit industrial buildings have found new life as communal and creative spaces.

Bursa: Modern-day Bursa is built around mosques, mausoleums and other sites from its incarnation as the first Ottoman capital. However, it is best known for its royal Springs — hot mineral waters that have been popular since Byzantine and roman times. rich in magnesium, sulfur, and calcium, these thermal springs have 700-year-old baths built by Sultan Murat I. The centuries-old thermal baths are complemented by historical landmarks that include ulu Cami (Grand Mosque), the largest mosque in Bursa, yesil Mosque, Bursa Castle, museums, bazaars,

and national parks — all attracting thousands of tourists year after year.

In 2014, Bursa was awarded uNeSCO World Heritage status for being the birthplace of the Ottoman empire.

Goreme: Hollowed out of the hills, this honey-coloured village is the country's poster child of historical beauty.

Goreme is the gateway to the Goreme National Park, a vast uNeSCO World Heritage site that houses spectacular 10th and 11th century cave churches. The park is known for its chimney rock formations and is quite popular with backpackers.

In the back alleys, new boutique cave hotels are constantly popping up, but tourists still have to stop for tractors trundling up narrow, winding streets. Nearby, the Göreme Open-Air Museum is an all-in-one testament to Byzantine life. If you wander out of town, you’ll find storybook landscapes and l i t t l e - v i s i t e d r o c k- c u t churches at every turn. With its easygoing allure and stunning setting, it’s no wonder Göreme continues to send travellers giddy.

It is fun to get lost in the winding narrow alleys of the Grand Bazaar, engage in conversations over coffee and shisha with the locals, and travel through time in museums and palaces. A trip to Turkey offers a treasure trove of memories and experience.

— suneeti@khaleejtimes.com

KHALEEJ TIMES | JANUARY 4, 2015

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TURKEY

Where history meets modernity

View of new mosque and Bosphorus, Istanbul. — Photos: Corbis

Grand Bazaar, Istanbul

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KHALEEJ TIMES | JANUARY 4, 2015

Mountain biking in Cappadocia

Interiors of Haghia Sophia, Sancta Sophia, in Istanbul

The Library of Celsus at Ephesus, which is an ancient Roman and Greek city in Izmir province.

KHALEEJ TIMES | JANUARY 4, 2015

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TURKEY

High-end H living spaces l FerYapi, a successful name in the Turkish real estate sector, holds up to 500,000 square metres of building area to its name

Elif Dulger Managing Director, Sahara Properties

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I

stanbul is the only city divided by the sea.

This city of connections where two continents meet continues to attract the attention of the investors, a trend that started in 2005. Istanbul is becoming a brand city among other important cities. It is especially popular among real estate investors.

Istanbul’s underground transportation network is expanding. After the first tube tunnel that connected Asia and Europe undersea, the second tube tunnel is now being planned; the third bridge is being built rapidly; and perhaps, most importantly, there is the third airport project.

Turkey has opened itself to the world in the real estate sector, and hence now has an investor profile that is rather dominated by Europeans, among which Germany, Holland and England come to the fore.

“As FerYapi, we have started out with the aim of creating unique projects in April 2010. We produce world quality projects without compromising the working ethics, which rests on creating a different, innovative and sustainable approach. Our projects so far have attracted great interest and demand.

As demand is increasing we are continuing to develop more and more projects,” said Ramadan Kumova, Board Member, FerYapi.

Since its establishment, FerYapi has gained the trust of national and international

KHALEEJ TIMES | JANUARY 4, 2015

figures and institutions. Its projects, which total up to 500,000 square metres of building space, are the important proof of its steady progress.

“We can easily claim that we not only complete financially successful projects and services, but we are also one of the leader companies in Turkish market. The projects that contributed to that success include: Housing design project Mai, consisting of 382 units and right on the E-5 highway in the fastest developing zone of Istanbul’s Anatolian site, Kartal, for those who know the value of time, investment and comfort. It has a magnificent view of the Islands. It has two blocs and the first bloc will be ready in March 2015. The second one will be on September 2015,” said Elif Dulger, Managing Director, Sahara Properties.

IstWest is another project on the Bahçelievler Basın Express Highroad. It has 1,000 housing units and an open-air commercial centre. It features housing and residence that add value to their neighbourhood.

“We have designed it with

Premier Campus Office

Ramadan Kumova Board Member, FerYapi the leading concept being social life. It is the favorite of the foreign investors,” she said.

Premier Campus Office brings the campus office concept, the newest global trend, preferred by big companies such as Google and Microsoft to Turkey. It is the first of its kind in Turkey. It has 62,000 square metres office space and options for variously sized offices.

Another office project is Parima. It is in Mert, the centre of commerce, right on the E-5 highway, about five minutes to the airport and very close to the historical peninsula. It has a city garden of 2,500 square metres.

In Parima, the company offers a prestigious office and home office spaces. About 16,000 square metres of space has been devoted to offices, and expected completion is in September 2015.

“I would like to add that Istanbul is a really valuable commercial city and this value is increasing exponentially. It profits the investors from their first days in the city, it has high potential and productivity rates,” Kumova concluded.

KHALEEJ TIMES | JANUARY 4, 2015

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