Nicos Anastasiades, President of Cyprus, speaks in a pre-recorded message which was played during the 75th session of the United Nations General Assembly, Thursday September 24, 2020, at UN headquarters. UNTV via AP
Nicos Anastasiades, President of Cyprus, speaks in a pre-recorded message which was played during the 75th session of the United Nations General Assembly, Thursday September 24, 2020, at UN headquarters. UNTV via AP
Nicos Anastasiades, President of Cyprus, speaks in a pre-recorded message which was played during the 75th session of the United Nations General Assembly, Thursday September 24, 2020, at UN headquarters. UNTV via AP
Nicos Anastasiades, President of Cyprus, speaks in a pre-recorded message which was played during the 75th session of the United Nations General Assembly, Thursday September 24, 2020, at UN headquarte

UNGA 2020: Cyprus says it's committed to peace talks, but not by force


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Cyprus is committed to reunification talks with estranged Turkish Cypriots but not at gunpoint, President Nicos Anastasiades told the UN General Assembly on Thursday.

Mr Anastasiades was referring to a decades-long dispute between Greece and Turkey that has now stymied EU policy-making on Belarus.

EU member Cyprus, backed by Greece, is at odds with Turkey over maritime energy resources.

It is blocking EU sanctions on Belarus over election complaints until the bloc takes a tougher stance towards Ankara.

The US, Britain and Canada plan to impose sanctions on Belarusian people after what they regard as a rigged election on August 9 and violence against peaceful protesters since.

The EU is looking to impose similar sanctions.

“For the talks to resume with realistic prospects for success, it is imperative to create an environment that will be conducive for constructive and good faith negotiations, not under conditions of intimidation or threats,” Mr Anastasiades said.

Turkey has sent survey vessels close to Cyprus in areas that the Greek-Cypriot government has licensed to multinationals for oil and gas exploration.

French President Emmanuel Macron on Tuesday urged Turkish leader Recep Tayyip Erdogan to engage "without ambiguity" in easing tension that sparked fears of conflict with Greece in the Mediterranean.

Mr Macron pressed Turkey to "refrain from any new unilateral action likely to provoke tensions and to engage without ambiguity in the construction of an area of peace and co-operation in the Mediterranean", the Elysee said.

Cyprus was split after a Turkish invasion in 1974 started by a brief coup engineered by the military then ruling Greece.

The EU admitted the island, represented internationally by its Greek Cypriot government that effectively controls only its south, in 2004.

Its north is a breakaway Turkish Cypriot state.

The latest attempt at reunification between the two Cypriot sides collapsed in 2017. Each side blames the other for the failure.

Mr Anastasiades, who leads Cyprus’s internationally recognised government, repeated that his administration was willing to place any revenues from gas exploration into an escrow account for the Turkish Cypriot community.

The bio

Job: Coder, website designer and chief executive, Trinet solutions

School: Year 8 pupil at Elite English School in Abu Hail, Deira

Role Models: Mark Zuckerberg and Elon Musk

Dream City: San Francisco

Hometown: Dubai

City of birth: Thiruvilla, Kerala

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.

Company profile

Date started: December 24, 2018

Founders: Omer Gurel, chief executive and co-founder and Edebali Sener, co-founder and chief technology officer

Based: Dubai Media City

Number of employees: 42 (34 in Dubai and a tech team of eight in Ankara, Turkey)

Sector: ConsumerTech and FinTech

Cashflow: Almost $1 million a year

Funding: Series A funding of $2.5m with Series B plans for May 2020

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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

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

Milestones on the road to union

1970

October 26: Bahrain withdraws from a proposal to create a federation of nine with the seven Trucial States and Qatar. 

December: Ahmed Al Suwaidi visits New York to discuss potential UN membership.

1971

March 1:  Alex Douglas Hume, Conservative foreign secretary confirms that Britain will leave the Gulf and “strongly supports” the creation of a Union of Arab Emirates.

July 12: Historic meeting at which Sheikh Zayed and Sheikh Rashid make a binding agreement to create what will become the UAE.

July 18: It is announced that the UAE will be formed from six emirates, with a proposed constitution signed. RAK is not yet part of the agreement.

August 6:  The fifth anniversary of Sheikh Zayed becoming Ruler of Abu Dhabi, with official celebrations deferred until later in the year.

August 15: Bahrain becomes independent.

September 3: Qatar becomes independent.

November 23-25: Meeting with Sheikh Zayed and Sheikh Rashid and senior British officials to fix December 2 as date of creation of the UAE.

November 29:  At 5.30pm Iranian forces seize the Greater and Lesser Tunbs by force.

November 30: Despite  a power sharing agreement, Tehran takes full control of Abu Musa. 

November 31: UK officials visit all six participating Emirates to formally end the Trucial States treaties

December 2: 11am, Dubai. New Supreme Council formally elects Sheikh Zayed as President. Treaty of Friendship signed with the UK. 11.30am. Flag raising ceremony at Union House and Al Manhal Palace in Abu Dhabi witnessed by Sheikh Khalifa, then Crown Prince of Abu Dhabi.

December 6: Arab League formally admits the UAE. The first British Ambassador presents his credentials to Sheikh Zayed.

December 9: UAE joins the United Nations.

Nepotism is the name of the game

Salman Khan’s father, Salim Khan, is one of Bollywood’s most legendary screenwriters. Through his partnership with co-writer Javed Akhtar, Salim is credited with having paved the path for the Indian film industry’s blockbuster format in the 1970s. Something his son now rules the roost of. More importantly, the Salim-Javed duo also created the persona of the “angry young man” for Bollywood megastar Amitabh Bachchan in the 1970s, reflecting the angst of the average Indian. In choosing to be the ordinary man’s “hero” as opposed to a thespian in new Bollywood, Salman Khan remains tightly linked to his father’s oeuvre. Thanks dad. 

Frankenstein in Baghdad
Ahmed Saadawi
​​​​​​​Penguin Press