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Turkey, during recent years, aims at re-conceptualizing its geostrategic and international position through the lenses of a new foreign policy. A pro-active and multi-dimensional role in regional and international affairs has been set on the international political framework. However, such a tendency was first met during Özal’s era. After Özal until early 2000’s the Turkish government focused more on domestic politics and national interests, rather than the international role of the country. Nevertheless, the emergence in power of an Islamic party, AKP, set a new axis of priorities concerning Turkish Foreign Policy, influenced by Ahmet Davutoğlu, firstly as advisor of Prime Minister in foreign affairs and then as Minister of Foreign Affairs. The press either refers to “Neo-ottomanism”, a “New Middle East policy” or “A New Era” in Turkish Foreign Policy. This dissertation aims to give a definition of the term “Neo-ottomanism” and its influence on Turkish Foreign policy . The dissertation has five chapters. The First Chapter, is the introduction to the subject. The Second Chapter offers a definition of the term “Neo-ottomanism”. The Third Chapter outlines the main changes in Turkish Foreign policy toward its multiple regional interests (Balkans, Greece, Middle East, Central Asia, Caucasus, Russia, USA, EU). The Fourth Chapter examines the challenges of this policy regionally and internationally. The Concluding Chapter gives a summary of the aforementioned issues and proposes future tendencies for Turkish foreign policy. As far as research sources concerned, political analysis, speeches, journals, newspaper articles, studies and related books would be taken under consideration.