The Middle East

New and upcoming legal changes are making it easier to conduct business in Turkey, and OBG’s legal partner, Herguner Bilgen Ozeke, provides an in-depth overview of the recent reforms to corporate law. The chapter also contains an interview with Ümit Hergüner, the managing partner of Hergüner Bilgen Özeke.

An overview of the new Turkish Commercial Code, as well as important considerations on the tax environment and its ramifications for foreign firms. The accountancy chapter is written by OBG’s partner in Turkey, Deloitte, and contains an interview with Anthony Wilson, the partner in charge for Deloitte Turkey.

Turkey’s young, tech-saavy population is driving a dramatic change in Turkish media, as content platforms and e-commerce have rapidly expanded. The sector is expected to see annual growth rates of over 13% in the 2011-15 period, and the move online is supported by vast expanses to internet infrastructure. This has seen major convergence in media outlets, as television, film and print producers...

New visa regulations have provided for greater access to Turkey by new market segments, and the recent turmoil in the MENA region has also improved the nation’s profile as a safer destination for tourists. Regional visitors, in particular, have constituted an increased share of the numbers. These factors, combined with a vast increase in the MICE segment, saw a nearly 10% increase in visitor...

The public school system, for which the state provides over 90% of the funding, has reportedly experienced steady improvement with a higher national budget and GDP percentage dedicated to education. However, the past decade has seen the private sector play a significantly larger role in education, particularly at the university and secondary levels, and increasingly among K-12 schools as well....

Having broken the monopoly of the Turkish Post Telegraph and Telephone Company (PTT) and with the privatisation of Turk Telekom, the prospects for telecoms in Turkey was radically altered. Rapid growth in internet use and the steady uptake of data-capable mobile phones has resulted in a convergence of telephony and internet services that is stressing telecoms infrastructure. However, firms are...