Turkish Foreign Minister Hakan Fidan met with Jordan's King Abdullah II in Amman during a ministerial meeting on Jerusalem, where nearly 20 Islamic countries discussed collective measures against Israeli violations at Al-Aqsa Mosque. Fidan also attended a 'Group of Four' meeting with Türkiye, Saudi Arabia, Egypt, and Pakistan, reaffirming Ankara's focus on the Palestinian cause despite regional crises. The meeting underscores Turkey's continued diplomatic engagement on Jerusalem and Palestinian issues.

Turkish authorities have initiated procedures to revoke the citizenship of 687 foreign nationals who allegedly obtained it through a fraudulent citizenship-by-investment scheme. The operation, coordinated by the Istanbul Chief Public Prosecutor's Office and Istanbul Police, led to the detention of 72 suspects across 16 provinces. Investigators found that approximately $52.6 million intended for investment never entered Turkey, with suspects using fake appraisal reports and sham real estate transactions. Authorities seized seven companies, 1,045 properties, a hotel, 15 vehicles, a yacht, and 10 bank accounts.

HSBC maintains an overweight stance on Turkish equities, stating that Middle East tensions have delayed but not derailed monetary policy normalization. The central bank has held rates at 37% for four months, with inflation at 31.75%. HSBC sees potential rate cuts from September and highlights long-term opportunities in defense, infrastructure, AI, and aviation.

Turkey's Supreme Military Council, chaired by President Recep Tayyip Erdoğan, held its annual meeting on August 4, 2026, approving the promotion and retirement of senior military officers. The council promoted 25 generals and admirals and 69 colonels, and appointed Gen. Rafet Dalkıran as the new Air Force Commander, succeeding retired Gen. Ziya Cemal Kadıoğlu. Notably, Alper Gezeravcı, Turkey's first astronaut, was promoted to brigadier general. The council also extended the terms of other top commanders. This meeting underscores the ongoing evolution of civil-military relations in Turkey, with the council operating under the presidential system established after the 2018 reforms.

Colonel Özlem Karapınar has been promoted to brigadier general in the Turkish Air Force, becoming the first woman to reach the rank of general in that branch. The promotion was approved by President Recep Tayyip Erdoğan at the Supreme Military Council (YAŞ). This milestone highlights ongoing changes in Turkey's military leadership and gender representation.

Turkish Foreign Minister Hakan Fidan held closed-door talks in Ankara with Libya's Acting Defense Minister Abdulsalam Zubi and National Security Adviser Ibrahim Dbeibah. The meeting, confirmed by the Turkish Foreign Ministry without further details on the agenda, underscores Turkey's active diplomatic role in Libya. It follows Turkey's 2025 efforts to ease military tensions in Tripoli and expand outreach to Libya's eastern faction, amid the country's ongoing split between the Tripoli-based Government of National Unity and the Benghazi-based administration led by Osama Hammad.

Italian Eurofighters scrambled from Šiauliai Air Base in Lithuania to intercept two Russian military aircraft over the Baltic Sea, marking the first such launch since Italy took over from France in NATO's Baltic Air Policing mission. The intercept comes as Italian, Spanish, and Turkish detachments replace French, Portuguese, and Romanian jets along the alliance's eastern flank. NATO's Allied Air Command announced the rotation marks a shift from Air Policing to a broader air defence role under the Integrated Air and Missile Defence framework. Turkish F-16s deploy to Estonia for the first time in two decades, and Spanish F-18s deploy to Romania.

Ankara's exports surged 23.4% year-over-year to a record $10.81 billion in the first seven months of 2026, according to Trade Ministry data. The U.S. was the top destination with $865.7 million, followed by Slovakia, Ukraine, the U.K., and China. Leading sectors included electrical/electronics ($1.25 billion), automotive ($1.17 billion), chemicals ($1.06 billion), and machinery ($1.04 billion). The strongest growth was in ornamental plants (up 487.2%) and hazelnuts (up 92.4%). This regional performance contrasts with Turkey's overall export growth of 3.4% to $161.6 billion in the same period.