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Cevdet Yılmaz

Cevdet Yılmaz

Vice President of Turkey
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Photo: © European Union, 2026, CC BY 4.0 (Wikimedia Commons, cropped)

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  • Oct 1

    Turkey's BIST 100 enters bear market after 131 investment funds face liquidation

    Turkey's BIST 100 index fell into a bear market following a 16.65% drop in September, as regulators placed 131 investment funds under liquidation amid an expanding manipulation probe.

  • Aug 8

    Turkey, Saudi Arabia and Pakistan sign Mecca defense pact with NATO-style mutual defense clause

    Saudi Arabia, Turkey and Pakistan signed a trilateral defense agreement in Mecca on Friday, August 7, 2026, stipulating that an armed attack against any one of the three states will be considered an attack against all, a formulation echoing NATO's Article 5.

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