A Maxar Technologies satellite image taken on December 10 shows a Gorshkov-class frigate off the Syrian port city of Tartus. AFP
A Maxar Technologies satellite image taken on December 10 shows a Gorshkov-class frigate off the Syrian port city of Tartus. AFP
A Maxar Technologies satellite image taken on December 10 shows a Gorshkov-class frigate off the Syrian port city of Tartus. AFP
A Maxar Technologies satellite image taken on December 10 shows a Gorshkov-class frigate off the Syrian port city of Tartus. AFP

Satellite photos show Russian navy retreat from Syrian base after Assad's fall


Amr Mostafa
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Live updates: Follow the latest on Syria

Russia appears to have started pulling its forces from its naval base in Syria following the fall of the government of Syrian President Bashar Al Assad at the weekend, satellite imagery suggests.

One image released by US company Maxar Technologies shows the deserted Russian naval base at Tartus in western Syria on December 10.

Another, taken on December 9 by California-based Planet Labs, showed at least three vessels in Russia’s Mediterranean fleet, including two guided missile frigates and an oiler, moored about 13km north-west of Tartus. The rest of the fleet could not be immediately located in satellite imagery.

On Wednesday, the Kremlin said it was in contact with the new Syrian leadership over the status of its bases in the country, adding that it was monitoring the situation due to the importance of its military interests there. “We, of course, are closely monitoring everything that is happening in Syria, and we maintain contacts with those who are currently controlling the situation. This is necessary because our bases are there, our diplomatic missions are there,” spokesman Dmitry Peskov said. Russian Foreign Ministry spokeswoman Maria Zakharova said that Russian facilities and assets were protected under international law.

Syrian rebels seized the capital Damascus on Sunday after a lightning advance that forced Mr Assad to flee to Russia after a 13-year civil war and 54 years of his family's autocratic rule.

After the collapse of Mr Al Assad's government, the Israeli military said on Tuesday its warplanes had conducted more than 480 strikes in 48 hours on targets including anti-aircraft batteries, military airfields, weapons production sites, combat aircraft and missiles. In addition, missile vessels struck the Syrian naval bases of Al Bayda port and Latakia port, where 15 Syrian naval vessels were docked.

Israeli officials said the strikes across Syria were aimed at destroying strategic weapons and military infrastructure to prevent them from being used by rebel groups that drove Mr Al Assad from power, some of which grew from movements linked to Al Qaeda and ISIS and are listed by the US and EU as terrorist organisations.

Moscow, which was a crucial ally of Mr Al Assad's regime for decades, is now looking to make a deal with the rebels to guarantee the safety of two strategically important military bases. The country also granted asylum to the Assad family after they fled Syria. Russia has a major airbase in the coastal city of Latakia and its naval facility at Tartus.

The Tartus base is Russia's only Mediterranean repair and replenishment centre, and Moscow has used Syria as a staging post to fly its military contractors in and out of Africa.

The Russian navy has maintained the base there since 1971 but it had fallen in use after the collapse of the Soviet Union. Since the start of the Syrian civil war in 2012 usage has increased again and it became Russia’s main overseas naval base, according to Naval News, a defence and technology website.

Previously, Russia had five surface ships and one submarine at Tartus, according to an analysis of satellite imagery by BlackSky and Planet Labs.

An image taken on December 5 by US-based BlackSky showed all six vessels at the base. Satellite images from December 9 confirm reports by Russian war blogger Rybar that the warships had left Tartous and taken up position off the coast for security reasons. The fleet departed from the naval base sometime between December 6 and December 9, satellite imagery indicated.

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MATCH INFO

Southampton 0
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(Sterling 16')

Man of the match: Kevin de Bruyne (Manchester City)

Analysis

Members of Syria's Alawite minority community face threat in their heartland after one of the deadliest days in country’s recent history. Read more

In numbers: China in Dubai

The number of Chinese people living in Dubai: An estimated 200,000

Number of Chinese people in International City: Almost 50,000

Daily visitors to Dragon Mart in 2018/19: 120,000

Daily visitors to Dragon Mart in 2010: 20,000

Percentage increase in visitors in eight years: 500 per cent

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Five films to watch

Castle in the Sky (1986)

Grave of the Fireflies (1988)

Only Yesterday (1991)

Pom Poki (1994)

The Tale of Princess Kaguya (2013)

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

The biog

Marital status: Separated with two young daughters

Education: Master's degree from American Univeristy of Cairo

Favourite book: That Is How They Defeat Despair by Salwa Aladian

Favourite Motto: Their happiness is your happiness

Goal: For Nefsy to become his legacy long after he is gon

Secret Nation: The Hidden Armenians of Turkey
Avedis Hadjian, (IB Tauris)
 

Tonight's Chat on The National

Tonight's Chat is a series of online conversations on The National. The series features a diverse range of celebrities, politicians and business leaders from around the Arab world.

Tonight’s Chat host Ricardo Karam is a renowned author and broadcaster who has previously interviewed Bill Gates, Carlos Ghosn, Andre Agassi and the late Zaha Hadid, among others.

Intellectually curious and thought-provoking, Tonight’s Chat moves the conversation forward.

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The biog

Name: Salvador Toriano Jr

Age: 59

From: Laguna, The Philippines

Favourite dish: Seabass or Fish and Chips

Hobbies: When he’s not in the restaurant, he still likes to cook, along with walking and meeting up with friends.

What vitamins do we know are beneficial for living in the UAE

Vitamin D: Highly relevant in the UAE due to limited sun exposure; supports bone health, immunity and mood.Vitamin B12: Important for nerve health and energy production, especially for vegetarians, vegans and individuals with absorption issues.Iron: Useful only when deficiency or anaemia is confirmed; helps reduce fatigue and support immunity.Omega-3 (EPA/DHA): Supports heart health and reduces inflammation, especially for those who consume little fish.

Updated: December 11, 2024, 3:03 PM