Financial inflows expected from UAE investments in Turkey in the coming months are set to begin by the end of this year, marking an eagerly awaited development resulting from a landmark agreement reached between the two countries last month.
Maritime tourism in Turkey represents a promising form of growth and prosperity. The General Directorate of Maritime Affairs, affiliated with the Ministry of Transport and Infrastructure in Turkey, revealed statistics highlighting an exceptional surge in cruise tourism.
In a significant economic development, Turkey's current account managed to achieve a surplus in June 2023, representing a notable turnaround after nearly two years of deficit. This achievement is attributed to a combination of factors such as the thriving tourism sector and the decrease in energy costs, presenting a fantastic opportunity for economic recovery in Turkey, as observed by the news editing team at Skyline Holdings.