"As the 12th president [of the nation] and the first president of the presidential system, I once more vow to strengthen the unity and brotherhood of our nation, develop the country, and elevate the state".
After the swearing-in ceremony, Mr Erdogan visited the mausoleum of the founder of the Turkish Republic, Mustafa Kemal Ataturk before proceeding to the Presidential Complex to make his inaugural speech.
President Erdogan invited President Lungu along with Gabonese President Ali Bongo, Jose Mario Vaz of Guinea Bissau and Equatorial Guinea President, Teodoro Obiang Nguema to his inauguration.
Erdogan's ruling Justice and Development Party (AKP) on Saturday nominated Yildirim as parliament speaker, an appointment likely to be rubber-stamped by the chamber on Thursday.
Erdogan's restructuring is the most significant adjustment of the country's political system since the formal establishment of modern Turkey.
Russian Prime Minister Dmitry Medvedev was present, in a new sign of the warm ties between Ankara and Moscow, as was Venezuelan President Nicolas Maduro, regarded with disdain by Washington but an ally of Erdogan.
Erdogan named his son-in-law Berat Albayrak as treasury and finance minister in an updated cabinet that excluded former deputy prime minister Mehmet Simsek, seen as the main market-friendly minister in the previous government.
Arsenal sign Uruguay's Torreira for $48m
Arsenal are also close to completing another deal to land France Under-20 worldwide Matteo Guendouzi. Torreira claimed that he is looking forward to his new "adventure" in England.
President Edgar Chagwa Lungu (centre) with his Sudanese counterpart attends the inauguration of Recep Tayyip Erdogan at the Presidential Complex in Ankara, Turkey on Monday, July 9,2018.
The post of prime minister will be scrapped.
The lira on Tuesday gained back 0.5 percent against the dollar to trade at 4.7 to the greenback.
Erdogan, 64, says a powerful executive presidency is vital to drive economic growth, ensure security after a failed 2016 military coup and safeguard Turkey from war across its southern border in Syria and Iraq. "There is no stopping for us until we bring Turkey - which we saved from plotters, coupists and political and economic hitmen, street gangs and terrorist organisations - to among the top 10 economies in the world", he said.
Shortly before Erdogan took oath for a new term in office - which marks the start of a shift to an executive presidency - the government in its Official Gazette removed a clause that had stated the central bank governor was appointed by cabinet decision for five years, and could be re-appointed. "In other words, Turkey will be an institutionalized autocracy".
Investors are also keen for details on Erdogan's new economic team, which is expected to be announced later on Monday. North Atlantic Treaty Organisation member Turkey's relations with its Western allies have been strained by disputes with the United States over military strategy in Syria and by European Union criticism of Ankara's large-scale purges of state institutions, armed forces, police and media following the failed coup.
Inflation surged last month above 15 percent, its highest level in more than a decade, despite interest rate hikes of 500 basis points by the central bank since April.
En quête d'un renfort offensif de premier plan, le Barça serait intéressé par le meneur de jeu de Chelsea , Eden Hazard . S'il brille contre les Bleus, le Diable Rouge pourrait définitivement convaincre le Real Madrid de passer à l'action.
Lee ended up playing the remainder of the season in Atlanta, averaging 10.7 points per game in 11 appearances. The Warriors have reached an agreement with former Hawks guard Damion Lee, according to Chris Haynes of ESPN.
The alleged offenses took place before the roll out of new European Union data protection laws that allow for much larger fines. The decision was welcomed by former Cambridge Analytica employee and whistleblower Christopher Wylie.
The country has been one of the major influencers on the arts, boasting authors such as Albert Camus and Victor Hugo. They won the World Cup they last hosted in 1998, beating Brazil 3-0. "A bet's a bet", he tweeted as the goal went in.
Amazon Studios has released the official trailer for writer/director Dan Fogelman's ( This Is Us ) drama-romance Life Itself . I'm waiting for the right moment, because ... when I ask you out, it's going to be the most important moment of my life.
Meghan wore a deep navy boat neck dress from Dior , that was a similar shape to her iconic wedding dress. Check out some of the photos of the stunning Meghan Markle and her fellow royals at Westminster.
Gag Reel (2:05)- Watch your favorite Super Heroes make super gaffes in this lighthearted collection of on-set antics. Look for Avengers: Infinity War to grace Blu-ray and DVD on August 14th.
France progress to World Cup final with 1-0 win over Belgium
France is back in the World Cup final for the first time since Zinedine Zidane's headbutt in 2006. "I don't have the words". We had the chance to win the final of the Euros, but we missed a wonderful thing and we must not let this chance pass.
Prince Louis christened while beaming royal family look on
Peter Mark Andrew Phillips, the first child of Princess Anne and Captain Mark Phillips, was christened in December 1977. Lucy Middleton is Kate's cousin and the sister of Adam Middleton , who is one of Princess Charlotte's godparents.
Serena drops first set but zooms into semis
World No 52 Giorgi blasted 20 winners and really took it to Williams, taking the first set thanks to one break, in the sixth game. I would try to go around her more, rather than through her". "These are the matches we work so hard for, me and my whole team".
Wall Street enters third day of gains as trade fears ease
Advancing issues outnumbered declining ones on the NYSE by a 1.77-to-1 ratio; on Nasdaq, a 1.65-to-1 ratio favored advancers. US -listed shares of Chinese companies Alibaba, JD.com and Baidu climbed after KeyBanc recommendations on the stocks.
Justin Bieber et Hailey Baldwin bientôt mariés ?
Justin Bieber aurait demandé en mariage sa copine des dernières semaines, la mannequin Hailey Baldwin , selon le site TMZ ... Et c'est samedi soir, dans un restaurant des Bahamas, que le chanteur aurait fait sa demande auprès de sa dulcinée.