SAUDI ARAMCO INSPECTS OYAK’S FUEL NETWORK TO ENTER TURKISH MARKET
Saudi Aramco executives have inspected fuel facilities across Turkey owned by military pension fund OYAK, signaling advanced partnership talks to enter the retail fuel market.
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SAUDI ARAMCO IN TALKS WITH OYAK TO PARTNER IN FUEL DISTRIBUTION
Saudi oil giant Saudi Aramco is in talks with OYAK Group, the country’s largest private pension fund, over a possible partnership involving one of Turkey’s biggest fuel distribution networks, according to journalist Olcay Aydilek.
BIGGEST SHAKE-UP IN ARMY PENSION FUND SINCE 2016 COUP ATTEMPT
In the most dramatic leadership overhaul at the armed forces pension fund since the 2016 coup attempt, retired Lt. Gen. Zekai Aksakallı—a key figure in thwarting the coup—has been named chairman of the giant fund.
MOST SIGNIFICANT SHAKE-UP IN ARMY'S PENSION FUND SINCE 2016 COUP ATTEMPT
In the most dramatic leadership overhaul at OYAK since the 2016 coup attempt, retired Lt. Gen. Zekai Aksakallı—once a key figure in thwarting the coup—has been named chairman of the Turkish Armed Forces' influential pension fund and commercial powerhouse. OYAK announced the surprise changes just two months after its general assembly on May 17.