Widely recognised as the economic hub of Eurasia, Istanbul is home to our most recent addition to the Network
Istanbul, the city that cradles two continents with opulent palaces and ancient domes that pay homage to two great empires, the Byzantinian and Ottaman. Istanbul maintains its status as the economic heartbeat of Turkey, today. Compared to other European countries, Turkey is a high growth economy. The economic fundamentals of Turkey supports a sustainable growth model with a population base of over 80 million, whose median age is just under 30. Turkey’s industrial economy is vast ranging from agriculture to textiles. The economy on a whole is diversified and includes many exporting industries such as automotive, construction, electronics, and oil & gas sectors have become more important. Against this backdrop, Istanbul is being positioned as the future financial hub of Eurasia, as the city already has significant industrial and trade relations with both Eastern Europe and Central Asia. Istanbul serves as the region’s base for many multinationals alongside the Turkish conglomerates that have expansive ambitions across the region.