The successful launch of Turkey’s first indigenously produced communications satellite earlier this month was undoubtedly an impressive scientific achievement. Fewer than a dozen other states have proven capable of such a technological feat. There are likely to be implications for the domestic economy, and the launch is an important milestone in Turkey’s search for strategic autonomy, with potential downstream effects on the country’s relations with its neighbours.
The July 8 launch of Turksat 6A (T6A) from a launch site in Florida, currently operated under lease by SpaceX, was said by Turkish President Recep Tayyip Erdogan to represent Turkey’s entry into a new phase of satellite production. T6A was launched using a SpaceX Falcon 9 rocket, and Mr Erdogan said his government was “pleased to strengthen our co-operation with Elon Musk and SpaceX in various fields”. Mr Erdogan underlined that Turkey “produced more than 81 per cent of the subsystems, satellite ground stations and software in the 6A project”.
T6A was manufactured by Turkish Aerospace Industries, with financial support from Turkey’s Defence Industry Agency (SSB) and the state-owned company Turksat, which will operate the satellite in its geostationary orbit. T6A has coverage over five billion people in total, reinforcing the five smaller communications satellites Turkey previously launched to deal with the Middle East and Europe, and expanding Turkish coverage to areas like India, Thailand, Malaysia and Indonesia.
The satellite has civil and military capabilities, and over the long term it will enable Turkey to have a wider vision in both spheres. A more concrete impact in the shorter term is to increase the access to reliable communications for the Turkish military in remote and inclement areas, such as the Qandil Mountains in northern Iraq, the headquarters of the Kurdistan Workers’ Party (PKK), which Turkey, the US and several other states consider a terrorist group.
The advances in Turkey’s drone programme have been used to great effect in the past few years to keep the PKK off-balance, straining the ability of the militants to maintain command and control in the various PKK theatres, notably Syria, and eliminating some of the most senior PKK leaders. But cloud cover during spells of bad weather inhibits drones and gives militants chances to escape and transmit orders. The capacities gained with the new satellite could contribute to closing such gaps.
The satellite has civil and military capabilities, and over the long term it will enable Turkey to have a wider vision in both spheres
Beyond logistics and battlefield and tactical intelligence, in the digital age the vast majority of valuable intelligence comes from signals intercepts. Turkey is now much better positioned to play this game and on a grander scale.
Then there is the additional strategic freedom granted to Turkey by having access to the kind of communications capabilities and intelligence streams the T6A provides without any dependence on foreigners, practical or political, something hinted at by Mr Erdogan. For example, the hostile US reaction to the 2019 “Baris Pinari” incursion against the PKK in Syria, and the American posture ever since, has constrained Turkey’s options because Ankara requires US assistance in various ways. As Turkey’s indigenous security capacity increases, these points of reliance – and US leverage – diminish.
Mr Erdogan is also clearly alert to the economic possibilities that flow from this. After the launch, he hailed the development as not only “another source of pride for our … nation” but a matter of “great importance for our country’s future”. That applies both in space and very much closer to home, in terms of the Turkish market share when it comes to the critical technologies related to the production of satellites and their components.
Economic constraints are among the reasons Turkey has pulled back from its more activist regional role in the past half-decade. Many of the issues Turkey was trying to deal with have now been settled one way or the other, and the transformation of the political landscape as Ankara has mended fences with neighbours makes it unlikely that Turkey’s policy will return to quite what it was in the aftermath of the 2011 Arab uprisings. Nonetheless, if demand for satellites and related technologies brings flows of capital and accompanying employment opportunities, it could help stabilise the economy, with knock-on effects that reconsolidate Mr Erdogan’s domestic political position and could support a somewhat more assertive regional role.
The trend of harmony could continue. Saudi Arabia and the UAE, in particular, have been expanding their space sectors. The Gulf states are embarked on technology programmes that have raised strong home-grown companies but also continue to require externally provided technologies. Turkey is well-placed to be that provider. Better economic relations do not always mean better political relations, but much has already been done to improve the situation. If Turkey were eventually able to supply specialist components to the Gulf’s burgeoning technology and aerospace sectors, that could help to entrench a more co-operative dynamic.
In either case, there is little doubt that the T6A launch marks a milestone in Turkey’s capabilities, and gives the country greater power to decide future steps.
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German intelligence warnings
- 2002: "Hezbollah supporters feared becoming a target of security services because of the effects of [9/11] ... discussions on Hezbollah policy moved from mosques into smaller circles in private homes." Supporters in Germany: 800
- 2013: "Financial and logistical support from Germany for Hezbollah in Lebanon supports the armed struggle against Israel ... Hezbollah supporters in Germany hold back from actions that would gain publicity." Supporters in Germany: 950
- 2023: "It must be reckoned with that Hezbollah will continue to plan terrorist actions outside the Middle East against Israel or Israeli interests." Supporters in Germany: 1,250
Source: Federal Office for the Protection of the Constitution
The specs
Engine: 1.5-litre 4-cylinder petrol
Power: 154bhp
Torque: 250Nm
Transmission: 7-speed automatic with 8-speed sports option
Price: From Dh79,600
On sale: Now
The specs
Engine: 2.0-litre 4cyl turbo
Power: 261hp at 5,500rpm
Torque: 405Nm at 1,750-3,500rpm
Transmission: 9-speed auto
Fuel consumption: 6.9L/100km
On sale: Now
Price: From Dh117,059
The President's Cake
Director: Hasan Hadi
Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem
Rating: 4/5
ENGLAND TEAM
England (15-1)
George Furbank; Jonny May, Manu Tuilagi, Owen Farrell (capt), Elliot Daly; George Ford, Ben Youngs; Tom Curry, Sam Underhill, Courtney Lawes; Charlie Ewels, Maro Itoje; Kyle Sinckler, Jamie George, Joe Marler
Replacements: Luke Cowan-Dickie, Ellis Genge, Will Stuart, George Kruis, Lewis Ludlam, Willi Heinz, Ollie Devoto, Jonathan Joseph
The biog
Favourite colour: Brown
Favourite Movie: Resident Evil
Hobbies: Painting, Cooking, Imitating Voices
Favourite food: Pizza
Trivia: Was the voice of three characters in the Emirati animation, Shaabiyat Al Cartoon
The specs
Engine: 3.5-litre V6
Power: 272hp at 6,400rpm
Torque: 331Nm from 5,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.7L/100km
On sale: now
Price: Dh149,000
The specs
Engine: 2.7-litre 4-cylinder Turbomax
Power: 310hp
Torque: 583Nm
Transmission: 8-speed automatic
Price: From Dh192,500
On sale: Now
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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.”
match info
Southampton 0
Arsenal 2 (Nketiah 20', Willock 87')
Red card: Jack Stephens (Southampton)
Man of the match: Rob Holding (Arsenal)
The specs
Engine: 3.9-litre twin-turbo V8
Transmission: seven-speed
Power: 720hp
Torque: 770Nm
Price: Dh1,100,000
On sale: now
LAST-16 FIXTURES
Sunday, January 20
3pm: Jordan v Vietnam at Al Maktoum Stadium, Dubai
6pm: Thailand v China at Hazza bin Zayed Stadium, Al Ain
9pm: Iran v Oman at Mohamed bin Zayed Stadium, Abu Dhabi
Monday, January 21
3pm: Japan v Saudi Arabia at Sharjah Stadium
6pm: Australia v Uzbekistan at Khalifa bin Zayed Stadium, Al Ain
9pm: UAE v Kyrgyzstan at Zayed Sports City Stadium, Abu Dhabi
Tuesday, January 22
5pm: South Korea v Bahrain at Rashid Stadium, Dubai
8pm: Qatar v Iraq at Al Nahyan Stadium, Abu Dhabi
Motori Profile
Date started: March 2020
Co-founder/CEO: Ahmed Eissa
Based: UAE, Abu Dhabi
Sector: Insurance Sector
Size: 50 full-time employees (Inside and Outside UAE)
Stage: Seed stage and seeking Series A round of financing
Investors: Safe City Group
The%20Beekeeper
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MATCH INFO
Inter Milan 1 (Martinez 18' pen)
Juventus 2 (Dybala 4', Higuain 80')
Company name: Farmin
Date started: March 2019
Founder: Dr Ali Al Hammadi
Based: Abu Dhabi
Sector: AgriTech
Initial investment: None to date
Partners/Incubators: UAE Space Agency/Krypto Labs
THREE POSSIBLE REPLACEMENTS
Khalfan Mubarak
The Al Jazira playmaker has for some time been tipped for stardom within UAE football, with Quique Sanchez Flores, his former manager at Al Ahli, once labelling him a “genius”. He was only 17. Now 23, Mubarak has developed into a crafty supplier of chances, evidenced by his seven assists in six league matches this season. Still to display his class at international level, though.
Rayan Yaslam
The Al Ain attacking midfielder has become a regular starter for his club in the past 15 months. Yaslam, 23, is a tidy and intelligent player, technically proficient with an eye for opening up defences. Developed while alongside Abdulrahman in the Al Ain first-team and has progressed well since manager Zoran Mamic’s arrival. However, made his UAE debut only last December.
Ismail Matar
The Al Wahda forward is revered by teammates and a key contributor to the squad. At 35, his best days are behind him, but Matar is incredibly experienced and an example to his colleagues. His ability to cope with tournament football is a concern, though, despite Matar beginning the season well. Not a like-for-like replacement, although the system could be adjusted to suit.