President of Turkey Recep Tayyip Erdogan makes a statement after chairing the cabinet meeting in Ankara. AFP
President of Turkey Recep Tayyip Erdogan makes a statement after chairing the cabinet meeting in Ankara. AFP
President of Turkey Recep Tayyip Erdogan makes a statement after chairing the cabinet meeting in Ankara. AFP
President of Turkey Recep Tayyip Erdogan makes a statement after chairing the cabinet meeting in Ankara. AFP

Turkey left 'shaken' by US sanctions over S-400 missile system


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US sanctions on Turkey over its purchase of Russian missiles led to near unified messages of regret, defiance and condemnation from both government and opposition figures in Ankara on Tuesday.

The previous evening, Washington carried out a long-standing threat to impose penalties for Turkey's acquisition of the S-400 air defence system.

Turkish Defence Minister Hulusi Akar was the most senior government member to criticise the decision by US President Donald Trump after Congress had passed a bill demanding sanctions.

“This sanctions decision has shaken all the values in our countries’ alliance,” he told the state-run Anadolu news agency. “Obviously, sanctions on a Nato member country will not only undermine the spirit of alliance but will deeply undermine trust among allies.”

Turkish President Recep Tayyip Erdogan’s spokesman, Ibrahim Kalin, said the sanctions would not alter Turkey’s determination to develop its indigenous defence capacity.

“Despite the narrow and hostile agenda of some circles in the US against Turkey, we believe that this issue can be resolved through political negotiations and technical expertise,” he said.

Turkey, a Nato member since 1952, bought the S-400s after claiming its efforts to buy American Patriot missiles were turned down. The Russian system arrived in July last year, prompting calls for sanctions to be imposed under the Countering America’s Adversaries Through Sanctions Act, known as Caatsa.

Although Mr Trump held off on punitive measures, even after the missiles were tested in October, Turkey was expelled from the programme to build the F-35 stealth fighter, a next-generation aircraft it had supplied with parts.

Its order for more than 100 jets was also cancelled amid claims that the S-400’s radar could be used by Russia to counter the plane’s top-secret technology.

The US president, who leaves office next month, finally authorised sanctions that target Turkey’s Defence Industries’ Directorate (SSB), its chairman Ismail Demir and three other executives.

The sanctions were widely perceived as the lightest of options of the dozen available to Mr Trump.

The move elicited a rare joint statement from four political parties – Mr Erdogan’s Justice and Development Party (AKP), its coalition ally the Nationalist Action Party (MHP) as well as the opposition Republican People’s Party (CHP) and Iyi Party.

“This misstep by the United States is incompatible with the spirit of allegiance,” Acting Parliamentary Speaker Celal Adan said as he read the statement.

“It is clear that it will not benefit our relations, which should be taken forward on the basis of mutual respect. Turkey is a country that does its part to contribute to peace and stability in its foreign policy.”

He added: “This attitude is contrary to Nato’s spirit of alliance. For these reasons, we invite the United States to turn back from this grave mistake as soon as possible.”

Meanwhile, the spokesman of the parliamentary foreign affairs committee, CHP MP Unal Cevikoz, denounced the sanctions as an attack on a “sovereign decision” taken by Turkey to strengthen Nato’s defences.

He called for the $2.5 billion system to be activated “as soon as possible,” adding: “Instead of taking this sanctions decision, it would be expected [of the US] to seek dialogue to resolve the issue.”

Iyi Party leader Meral Aksener tweeted that sanctions betrayed Nato and Turkey’s relationship with the US. “Topping the callousness towards Turkey’s problems with conceit by resorting to sanctions is neither worthy of an alliance nor contributes to the friendship between Turkey and the United States,” she said.

The main figure targeted by the sanctions, Mr Demir, said the Turkish defence industry would continue to grow despite the measures.

“The development of the domestic industry will continue, perhaps even faster,” he told a news conference in parliament. “In a sense, these [sanctions] will be a flare and a warning. We do not expect this to affect our relationships too much.”

The sanctions will block projects or the sharing of technology between US and Turkish defence companies as well as restrict financial aid of more than $10 million to the SSB. They also impose visa restrictions and asset freezes on Mr Demir and his three colleagues.

Following the sanctions announcement, the Turkish lira gained one per cent against the dollar on Tuesday, a sign that the relatively narrow measures were not as bad as expected.

“The good news for the market is that they are out of the way and it clears some of the page for [US President-elect Joe] Biden to rewrite the script of US-Turkey relations when he takes office,” said Timothy Ash, an emerging markets analyst at London’s Blue Bay Asset Management.

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
Mica

Director: Ismael Ferroukhi

Stars: Zakaria Inan, Sabrina Ouazani

3 stars

Europa League group stage draw

Group A: Villarreal, Maccabi Tel Aviv, Astana, Slavia Prague.
Group B: Dynamo Kiev, Young Boys, Partizan Belgrade, Skenderbeu.
Group C: Sporting Braga, Ludogorets, Hoffenheim, Istanbul Basaksehir.
Group D: AC Milan, Austria Vienna , Rijeka, AEK Athens.
Group E: Lyon, Everton, Atalanta, Apollon Limassol.
Group F: FC Copenhagen, Lokomotiv Moscow, Sheriff Tiraspol, FC Zlin.
Group G: Vitoria Plzen, Steaua Bucarest, Hapoel Beer-Sheva, FC Lugano.
Group H: Arsenal, BATE Borisov, Cologne, Red Star Belgrade.
Group I: Salzburg, Marseille, Vitoria Guimaraes, Konyaspor.
Group J: Athletic Bilbao, Hertha Berlin, Zorya Luhansk, Ostersund.
Group K: Lazio, Nice, Zulte Waregem, Vitesse Arnhem.
Group L: Zenit St Petersburg, Real Sociedad, Rosenborg, Vardar

The years Ramadan fell in May

1987

1954

1921

1888

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

SQUADS

South Africa:
Faf du Plessis (capt), Hashim Amla, Temba Bavuma, Farhaan Behardien, Quinton de Kock (wkt), AB de Villiers, JP Duminy, Imran Tahir, David Miller, Wayne Parnell, Dane Paterson, Andile Phehlukwayo, Dwaine Pretorius, Kagiso Rabada
Coach: Ottis Gibson

Bangladesh:
Mashrafe Mortaza (capt), Imrul Kayes, Liton Das (wkt), Mahmudullah, Mehidy Hasan, Mohammad Saifuddin, Mominul Haque, Mushfiqur Rahim (wkt), Mustafizur Rahman, Nasir Hossain, Rubel Hossain, Sabbir Rahman, Shakib Al Hasan, Soumya Sarkar, Tamim Iqbal, Taskin Ahmed.
Coach: Chandika Hathurusingha

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3ESmartCrowd%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2018%0D%3Cbr%3E%3Cstrong%3EFounder%3A%20%3C%2Fstrong%3ESiddiq%20Farid%20and%20Musfique%20Ahmed%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDubai%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%20%2F%20PropTech%0D%3Cbr%3E%3Cstrong%3EInitial%20investment%3A%20%3C%2Fstrong%3E%24650%2C000%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%3C%2Fstrong%3E%2035%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3ESeries%20A%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EVarious%20institutional%20investors%20and%20notable%20angel%20investors%20(500%20MENA%2C%20Shurooq%2C%20Mada%2C%20Seedstar%2C%20Tricap)%3C%2Fp%3E%0A
Company Profile

Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million

MATCH INFO

Uefa Champions League semi-finals, second leg:

Liverpool (0) v Barcelona (3), Tuesday, 11pm UAE

Game is on BeIN Sports

What's in the deal?

Agreement aims to boost trade by £25.5bn a year in the long run, compared with a total of £42.6bn in 2024

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India will also cut automotive tariffs to 10% under a quota from over 100% currently.

Indian employees in the UK will receive three years exemption from social security payments

India expects 99% of exports to benefit from zero duty, raising opportunities for textiles, marine products, footwear and jewellery

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Dir: John Lucas and Scott Moore
Starring: Mila Kunis, Kathryn Hahn, Kristen Bell, Susan Sarandon, Christine Baranski, Cheryl Hines
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'Laal Kaptaan'

Director: Navdeep Singh

Stars: Saif Ali Khan, Manav Vij, Deepak Dobriyal, Zoya Hussain

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1. Max Verstappen, Netherlands, Red Bull Racing Honda, 1 minute, 35.246 seconds.
2. Valtteri Bottas, Finland, Mercedes, 1:35.271.
3. Lewis Hamilton, Great Britain, Mercedes, 1:35.332.
4. Lando Norris, Great Britain, McLaren Renault, 1:35.497.
5. Alexander Albon, Thailand, Red Bull Racing Honda, 1:35.571.
6. Carlos Sainz Jr, Spain, McLaren Renault, 1:35.815.
7. Daniil Kvyat, Russia, Scuderia Toro Rosso Honda, 1:35.963.
8. Lance Stroll, Canada, Racing Point BWT Mercedes, 1:36.046.
9. Charles Leclerc, Monaco, Ferrari, 1:36.065.
10. Pierre Gasly, France, Scuderia Toro Rosso Honda, 1:36.242.

Eliminated after second session

11. Esteban Ocon, France, Renault, 1:36.359.
12. Daniel Ricciardo, Australia, Renault, 1:36.406.
13. Sebastian Vettel, Germany, Ferrari, 1:36.631.
14. Antonio Giovinazzi, Italy, Alfa Romeo Racing Ferrari, 1:38.248.

Eliminated after first session

15. Antonio Giovinazzi, Italy, Alfa Romeo Racing Ferrari, 1:37.075.
16. Kimi Raikkonen, Finland, Alfa Romeo Racing Ferrari, 1:37.555.
17. Kevin Magnussen, Denmark, Haas Ferrari, 1:37.863.
18. George Russell, Great Britain, Williams Mercedes, 1:38.045.
19. Pietro Fittipaldi, Brazil, Haas Ferrari, 1:38.173.
20. Nicholas Latifi, Canada, Williams Mercedes, 1:38.443.

US tops drug cost charts

The study of 13 essential drugs showed costs in the United States were about 300 per cent higher than the global average, followed by Germany at 126 per cent and 122 per cent in the UAE.

Thailand, Kenya and Malaysia were rated as nations with the lowest costs, about 90 per cent cheaper.

In the case of insulin, diabetic patients in the US paid five and a half times the global average, while in the UAE the costs are about 50 per cent higher than the median price of branded and generic drugs.

Some of the costliest drugs worldwide include Lipitor for high cholesterol. 

The study’s price index placed the US at an exorbitant 2,170 per cent higher for Lipitor than the average global price and the UAE at the eighth spot globally with costs 252 per cent higher.

High blood pressure medication Zestril was also more than 2,680 per cent higher in the US and the UAE price was 187 per cent higher than the global price.

The Birkin bag is made by Hermès. 
It is named after actress and singer Jane Birkin
Noone from Hermès will go on record to say how much a new Birkin costs, how long one would have to wait to get one, and how many bags are actually made each year.

Islamophobia definition

A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.

Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

Disclaimer

Director: Alfonso Cuaron 

Stars: Cate Blanchett, Kevin Kline, Lesley Manville 

Rating: 4/5