Economy of Istanbul

Organized by SAHA Istanbul, Europe's largest industrial cluster, the SAHA EXPO International Defense, Aerospace and Space Industry Fair is expected to generate a trade volume of $2 billion this year.

Professional photographers are grappling with a fresh challenge as biometric photo booths gain popularity, adding to their existing concerns about unregistered work in the industry, according to sector representatives.

Türkiye's 16th International Defence Industry Fair, IDEF'23, will be organized between July 25 and 28 in Istanbul.

Türkiye's 16th International Defence Industry Fair, IDEF'23, will be organized between July 25 and 28 in Istanbul.

The number of foreign tourists visiting Istanbul increased by 19 percent from a year ago in the first five months of 2023 to around 6.3 million.

In May alone, 1.5 million foreign tourists arrived in the city, according to the data from the provincial directorate of culture and tourism. This marked a 7 percent increase in tourist arrivals compared with the same month of last year.

The UEFA Champions League final game that Istanbul hosted at the weekend has given a huge boost to the city's hotels and marks "a milestone" for the local tourism industry, says Müberra Eresin, the president of the Hotel Association of Türkiye (TÜROB).

More than $1 billion worth of deals were signed during the SAHA Expo defense and aerospace exhibition that was held between Oct 25 and 28 in Istanbul, according to Haluk Bayraktar, the board chairman of SAHA Istanbul Defense and Aerospace Cluster Association.

SAHA Expo Defense and Aerospace Exhibition will be held this week between Oct. 25 and 28 in Istanbul.

Around 57 countries will participate in the event, said İlhami Keleş, the general secretary of SAHA Istanbul, which organizes the fair.

A U.K.-based culture magazine has picked the world's best 53 cities, ranking Türkiye's largest city Istanbul in the list.

Out of the 53 ranked cities chosen by the Time Out magazine, Edinburgh made it to the top of the list and was followed by Chicago and Medellin, while Istanbul was listed 50th.

Treasury and Finance Minister Nureddin Nebati has said he had a "fruitful" meeting with the representatives of the business world in Istanbul.

"We held a productive meeting today with our representatives from the business world, the real sector and [nongovernmental organizations] NGOs," Nebati wrote on his Twitter account on Dec. 11 after the meeting.