Foreign ownership

Last year foreign nationals established a total of 791 companies in Antalya, most of them launched by Russians.

The popular holiday destination on the Mediterranean coast is home to a large expatriate population. Some 117,000 foreigners with residence permits live in the city, according to the data from the Presidency of Migration Management.

Government rules restricting foreign ownership in the Indian defense sector to 49 percent are undermining New Delhi's drive to lure greater investment in manufacturing, a senior executive at European conglomerate Airbus Group said on March 14.