With passions winding down three weeks after Israel's bloody interception of the Mavi Marmara, officials and analysts are taking stock of the implications of Turkey's regional resurgence. Not surprisingly, everyone is reading what he or she wants into the episode. In the West, officials are bemoaning Ankara's seeming defection to the East, with the Americans blaming the EU for, as the US defence secretary Bob Gates said a few weeks ago, "refusing to give Turkey the kind of organic link to the West that Turkey sought".
Meanwhile, the Arab world has displayed confusion and jealousy at the speed and manner with which a long-absent Turkey has become the only country to straddle the complex regional fault lines at apparently little political cost. Radical factions such as Hizbollah and Hamas have even welcomed Turkey into their ranks, as if Israeli-Turkish tensions could compel Ankara to marshal its power in the service of their aims. Israel, witnessing the end of a much-valued strategic partnership, sees in Ankara a new enemy, an overreaction that, if left to fester, could turn into a self-fulfilling prophecy.
And yet, despite the show of apparent strength and bombast in Ankara as it basks in its newfound regional standing, Turks themselves are engaging in some serious head scratching. Indeed, Turkey is grappling with its emergence as a regional power whose objectives are commendable in theory but hard to achieve in reality; it is also a policy that may incur heavy costs. Indeed, as Ankara takes on a more active regional role, the weaknesses, inconsistencies and downsides of its foreign policy are becoming more apparent.
So far, the populist rhetoric and international activism of the prime minister Recep Tayyip Erdogan has carried the country's foreign policy, forging undeniable inroads into the region. But the more active he becomes, the more scrutiny he will attract. This will sharpen the existing tensions within Turkish foreign policy. For instance, while Mr Erdogan's current priority is to obtain an investigation and an Israeli apology for the Mavi Marmara incident, Turkey will eventually have to revert to a policy of mediation between Israel, the Palestinians and Syria if it really wants to play a role in the Palestinian peace process and a Syrian-Israeli detente. As unpleasant as it may seem, permanently alienating Israel through rhetorical escalation will harm its prospects of doing so.
Also, while concerns for human rights may account for Turkey's embrace of the Palestinian cause, Ankara's past actions belie this sentiment. In a low point for Turkish diplomacy, Mr Erdogan dismissed accusations of genocide against the Sudanese president Omar al Bashir a few years ago on the grounds that "it is not possible for a Muslim to commit" a genocide. Indeed, many in Ankara realise that Muslim solidarity or selective attention to the region's problems cannot alone be the foundation of Turkey's foreign policy.
Ankara's continued struggle with its Kurdish population also seems to contradict its stance on human rights, as recent strikes in northern Iraq against the PKK have soured relations with Turkish Kurds. If Turkey wishes to contribute to the region's stability, it will have to deal with this minority in a broader context. Indeed, Ankara's greatest contribution to Middle Eastern stability would be to work with Iran, Iraq and Syria to improve treatment of their Kurds. The four countries could also reach a security and political understanding that empowers this oppressed community without endangering their own territorial sovereignty.
Turkey's latest free-trade venture with Syria, Lebanon and Jordan also shows how Turkish eagerness can clash with the region's realities. Ankara was able to broker a free trade proposal (on paper, at least) largely because Arab nations cannot say no to a very popular Turkey these days. In fact, a free trade zone is an ill-conceived enterprise: all three countries would be flooded with cheap Turkish goods at the expense of their own underdeveloped industries, with little to export in return.
Turkey can assuredly lift the Syrian, Jordanian and Lebanese economies, but first it must address hot political issues, such as helping to delineate borders and designing a regional security arrangement. To do so, Turkey would have to get its hands dirty, perhaps losing some of its now-cherished lustre in the process. It is perhaps when it comes to Iran that Turkish policy will be the most watched. Turkey has tried to mediate with Iran, but does not share the same sense of concern and urgency as the West and the Arab world. And despite rapprochement between Ankara and Tehran, they might be on collision course since there is a mix of resentment and damaged pride regarding Ankara's achievements. Turkey has already chipped away at Tehran's self-declared status as champion of the Palestinian cause and is also strengthening ties with Syria, Iran's lone Arab ally.
Losing soft power to a country with greater appeal will not sit well with Iranian officials, whose response may well be a greater investment in the nuclear programme and more ideological rigidity. Turkey has an unprecedented opportunity to improve the Middle East landscape. Much will depend on decisions made in Ankara but also on the style of its leadership. Though Turkey's power rests on traditional attributes such as a competent and powerful military, strong institutions, a fast-growing modern economy and international partnerships, its momentum currently comes from the charismatic Mr Erdogan. His populism is playing well at the moment, but for Turkey's influence to survive beyond his persona, a bit of long-term common sense is a much better strategy.
ehokayem@thenational.ae
'HIJRAH%3A%20IN%20THE%20FOOTSTEPS%20OF%20THE%20PROPHET'
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Moon Music
Artist: Coldplay
Label: Parlophone/Atlantic
Number of tracks: 10
Rating: 3/5
COMPANY%20PROFILE
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Joker: Folie a Deux
Starring: Joaquin Phoenix, Lady Gaga, Brendan Gleeson
Director: Todd Phillips
Rating: 2/5
COMPANY%20PROFILE
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How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
Awar Qalb
Director: Jamal Salem
Starring: Abdulla Zaid, Joma Ali, Neven Madi and Khadija Sleiman
Two stars
The specs
Engine: 2-litre or 3-litre 4Motion all-wheel-drive Power: 250Nm (2-litre); 340 (3-litre) Torque: 450Nm Transmission: 8-speed automatic Starting price: From Dh212,000 On sale: Now
How to keep control of your emotions
If your investment decisions are being dictated by emotions such as fear, greed, hope, frustration and boredom, it is time for a rethink, Chris Beauchamp, chief market analyst at online trading platform IG, says.
Greed
Greedy investors trade beyond their means, open more positions than usual or hold on to positions too long to chase an even greater gain. “All too often, they incur a heavy loss and may even wipe out the profit already made.
Tip: Ignore the short-term hype, noise and froth and invest for the long-term plan, based on sound fundamentals.
Fear
The risk of making a loss can cloud decision-making. “This can cause you to close out a position too early, or miss out on a profit by being too afraid to open a trade,” he says.
Tip: Start with a plan, and stick to it. For added security, consider placing stops to reduce any losses and limits to lock in profits.
Hope
While all traders need hope to start trading, excessive optimism can backfire. Too many traders hold on to a losing trade because they believe that it will reverse its trend and become profitable.
Tip: Set realistic goals. Be happy with what you have earned, rather than frustrated by what you could have earned.
Frustration
Traders can get annoyed when the markets have behaved in unexpected ways and generates losses or fails to deliver anticipated gains.
Tip: Accept in advance that asset price movements are completely unpredictable and you will suffer losses at some point. These can be managed, say, by attaching stops and limits to your trades.
Boredom
Too many investors buy and sell because they want something to do. They are trading as entertainment, rather than in the hope of making money. As well as making bad decisions, the extra dealing charges eat into returns.
Tip: Open an online demo account and get your thrills without risking real money.
The%20specs
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Hotel Silence
Auður Ava Ólafsdóttir
Pushkin Press
More from Rashmee Roshan Lall
COMPANY PROFILE
Initial investment: Undisclosed
Investment stage: Series A
Investors: Core42
Current number of staff: 47
Profile of Udrive
Date started: March 2016
Founder: Hasib Khan
Based: Dubai
Employees: 40
Amount raised (to date): $3.25m – $750,000 seed funding in 2017 and a Seed round of $2.5m last year. Raised $1.3m from Eureeca investors in January 2021 as part of a Series A round with a $5m target.
Company%20Profile
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FORSPOKEN
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Street%20Fighter%206
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Baldur's%20Gate%203
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The%20Legend%20of%20Zelda%3A%20Tears%20of%20The%20Kingdom
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Marvel's%20Spider-Man%202
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Assassin's%20Creed%20Mirage
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Starfield
%3Cp%3EDeveloper%3A%20Bethesda%20Game%20Studios%0D%3Cbr%3EPublisher%3A%20Bethesda%20Softworks%0D%3Cbr%3EConsole%3A%20PC%2C%20Xbox%0D%3Cbr%3ERelease%20date%3A%202023%3C%2Fp%3E%0A
PROFILE
Name: Enhance Fitness
Year started: 2018
Based: UAE
Employees: 200
Amount raised: $3m
Investors: Global Ventures and angel investors
COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
Company%20profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Fasset%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2019%0D%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Mohammad%20Raafi%20Hossain%2C%20Daniel%20Ahmed%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%0D%3Cbr%3E%3Cstrong%3EInitial%20investment%3A%3C%2Fstrong%3E%20%242.45%20million%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%3C%2Fstrong%3E%2086%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20Pre-series%20B%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Investcorp%2C%20Liberty%20City%20Ventures%2C%20Fatima%20Gobi%20Ventures%2C%20Primal%20Capital%2C%20Wealthwell%20Ventures%2C%20FHS%20Capital%2C%20VN2%20Capital%2C%20local%20family%20offices%3C%2Fp%3E%0A
Green ambitions
- Trees: 1,500 to be planted, replacing 300 felled ones, with veteran oaks protected
- Lake: Brown's centrepiece to be cleaned of silt that makes it as shallow as 2.5cm
- Biodiversity: Bat cave to be added and habitats designed for kingfishers and little grebes
- Flood risk: Longer grass, deeper lake, restored ponds and absorbent paths all meant to siphon off water
Jigra
Starring: Alia Bhatt, Vedang Raina, Manoj Pahwa, Harsh Singh
LOVE%20AGAIN
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Day 5, Abu Dhabi Test: At a glance
Moment of the day When Dilruwan Perera dismissed Yasir Shah to end Pakistan’s limp resistance, the Sri Lankans charged around the field with the fevered delirium of a side not used to winning. Trouble was, they had not. The delivery was deemed a no ball. Sri Lanka had a nervy wait, but it was merely a stay of execution for the beleaguered hosts.
Stat of the day – 5 Pakistan have lost all 10 wickets on the fifth day of a Test five times since the start of 2016. It is an alarming departure for a side who had apparently erased regular collapses from their resume. “The only thing I can say, it’s not a mitigating excuse at all, but that’s a young batting line up, obviously trying to find their way,” said Mickey Arthur, Pakistan’s coach.
The verdict Test matches in the UAE are known for speeding up on the last two days, but this was extreme. The first two innings of this Test took 11 sessions to complete. The remaining two were done in less than four. The nature of Pakistan’s capitulation at the end showed just how difficult the transition is going to be in the post Misbah-ul-Haq era.
UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
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
EA Sports FC 25
Developer: EA Vancouver, EA Romania
Publisher: EA Sports
Consoles: Nintendo Switch, PlayStation 4&5, Xbox One and Xbox Series X/S
Rating: 3.5/5
COMPANY PROFILE
Name: HyperSpace
Started: 2020
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
Based: Dubai, UAE
Sector: Entertainment
Number of staff: 210
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners