About Istanbul

Istanbul is a world city at the intersection point of Europe and Asia, the settlement date of which extends for 300.000; the historical date for about 3.000 and the date of being a capital for 1.600 years. Through the ages the city has hosted various civilizations and cultures, has preserved its cosmopolitan structure, where people of many religions, languages and ethnic origins have lived together for centuries and it has become a unique mosaic in the historical process.  Istanbul is one of the rare sites in the world that has succeeded in being the center in every area for long periods of time and it is a world capital from the past to the current day.

Istanbul is also one of the few cities which has been the center of the country's economic life. When we glance at the city’s economy and working-occupational-professional life, Istanbul generates about 23% of Turkey's Gross National Product (GNP). Its annual contribution to the state budget is about 40%. On the other hand, the city's share of government expenditures has remained roughly 7-8%. The headquarters of all private banks, and 21% of the total number of bank branches in Turkey, are located in Istanbul.

Istanbul has a central importance in both domestic and international trade. The added value created in Istanbul, reaches 26.5 percent of provincial total added value. Exports from Istanbul make up 46% of Turkey’s total, imports into Istanbul make up 40% of Turkey’s total.

Istanbul is Europe’s third and world’s 21st biggest city. The city has a population of 12,573,836 residents according to the latest count as of 2007.

Istanbul that makes continents meet, is also a world-embracing congress city with its own wealth of history and nature, its being an international center of arts and culture, its accessibility, alternatives of accommodation, professional services, price policies and the quality of its convention centers.

Coming forward with its unique historical accumulation and splendid natural beauties, as well as successfully undersigning several international events in recent years, Istanbul was selected as the “2010 European Culture Capital.” In 2011 and 2012, Istanbul achieved to rank at the top in the world for congresses with over 500 delegates. The next target is to keep its place in the ranking of the top 3 congress cities in Europe and the top 5 in the world and to attempt the global leadership every year. Istanbul puts its existing values inaction as a tourism potential and it hosts national and international organizations with high numbers of participants.

Currency         : Turkish Lira ₺ (TRY)
Time Zone      : East Europe, UTC+2
Electricity         : 22o watt