Iran and Turkey set aside differences to tackle extremism


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ANKARA // Iran and Turkey on Monday pledged to work together to stop extremism and bloodshed in the Middle East despite their deep differences over Syria’s civil war.

“Iran and Turkey, the two important countries in the region, are determined to fight against extremism and terrorism,” Iran’s President Hassan Rouhani said at a news conference in Ankara.

Mr Rouhani arrived in Turkey on Monday for a two-day visit – a first by an Iranian president since 2008.

He said the instability in the region benefited neither countries, nor the world, and said Turkey and Iran agreed to work together.

Turkish president Abdullah Gul commended Mr Rouhani’s policies since taking office in August last year, saying they were helping Iran open up to the world.

Iran and Turkey have found themselves on opposite sides of the political fence over a Syrian civil war that has killed 160,000 people and sent hundreds of thousands of refugees streaming into Turkey.

Shiite Iran has backed Syrian president Bashar Al Assad since the start of the uprising while Turkey has been one of his fiercest critics, supporting his opponents and providing refuge to rebel fighters. Ankara has described Mr Assad’s forces as using terrorist methods while Tehran has used similar language in criticising opposition groups.

“Instabilities exist in our region ... Iran and Turkey are determined to increase their cooperation to establsh stability in the region,” Mr Rouhani said after talks with President Abdullah Gul in Ankara.

“The fight against violence, extremism, sectarian conflicts and terrorism is Iran’s major objective,” he said.

Mr Gul said that Syria was discussed during his meeting with Mr Rouhani, but did not give details. It was unclear whether the two countries were approaching any concrete steps to help scale down a conflict that holds perils for both.

Despite deep divisions between Ankara and Tehran over Syria, the potential of an Iranian market of 76 million people with some of the world’s biggest oil and gas reserves is a magnet for Turkish companies.

Turkey depends on imports for almost all of its natural gas needs and is keen to increase oil and gas imports from Tehran in anticipation of easing sanctions against Iran’s huge energy sector.

A senior Turkish official said that Ankara will repeat its demand for a discount on the price of natural gas from Iran, which Ankara says is too expensive compared with other suppliers like Russia and Azerbaijan.

Under a contract signed in 1996, Turkey imports 10 billion cubic metres per year of gas from Iran. The contract came into force in 2001.

Turkey’s state-owned Petroleum Pipeline Corporation (Botas) applied to an international court of arbitration in 2012 for a ruling on Iran’s gas pricing. The case is still pending.

“The Iranian side demanded dropping of the legal case and it was discussed during the talks,” said a Turkish official on condition of anonymity.

Iran has so far dismissed Turkish demands it drop the price of gas under the current agreement.

Mr Rouhani’s visit to Turkey takes place as Iranian, US and European Union officials hold talks about Tehran’s disputed nuclear programme in Geneva in an effort to break a logjam in wider negotiations over Tehran’s nuclear program.

Nuclear talks between Iran and six major powers in Vienna last month to reach a final deal ran into difficulties, with each side accusing the other of having unrealistic demands in negotiations.

A preliminary deal was penned in Geneva in November between Iran and six major powers, under which Iran accepted to halt some sensitive nuclear activities in exchange for partial easing of sanctions. It went into effect in January 20.

* Agence France-Presse and Reuters

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PSA DUBAI WORLD SERIES FINALS LINE-UP

Men’s:
Mohamed El Shorbagy (EGY)
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Women's:
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UAE currency: the story behind the money in your pockets
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Defined benefit and defined contribution schemes explained

Defined Benefit Plan (DB)

A defined benefit plan is where the benefit is defined by a formula, typically length of service to and salary at date of leaving.

Defined Contribution Plan (DC) 

A defined contribution plan is where the benefit depends on the amount of money put into the plan for an employee, and how much investment return is earned on those contributions.

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

Cricket World Cup League 2 Fixtures

Saturday March 5, UAE v Oman, ICC Academy (all matches start at 9.30am)

Sunday March 6, Oman v Namibia, ICC Academy

Tuesday March 8, UAE v Namibia, ICC Academy

Wednesday March 9, UAE v Oman, ICC Academy

Friday March 11, Oman v Namibia, Sharjah Cricket Stadium

Saturday March 12, UAE v Namibia, Sharjah Cricket Stadium

UAE squad

Ahmed Raza (captain), Chirag Suri, Muhammad Waseem, CP Rizwan, Vriitya Aravind, Asif Khan, Basil Hameed, Rohan Mustafa, Kashif Daud, Zahoor Khan, Junaid Siddique, Karthik Meiyappan, Akif Raja, Rahul Bhatia

UAE currency: the story behind the money in your pockets
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MATCH INFO

Osasuna 1 Real Madrid 4
Osasuna: García (14')
Real Madrid: Isco (33'), Ramos (38'), Vázquez (84'), Jovic (90' 2)