Top US politicians on Monday urged all nations to shun Syrian President Bashar Al Assad ahead of a new law to imposes sanctions over atrocities.
The Caesar Act, which takes effect next week, penalises any companies worldwide that deal with Mr Al Assad and blocks any US reconstruction aid until perpetrators of abuses in Syria's civil war are brought to justice.
The top Democrats and Republicans in charge of foreign affairs in the Senate and House of Representatives said the law sent a message that "Assad remains a pariah."
"He will never regain standing as a legitimate leader," said the statement from representatives Eliot Engel and Mike McCaul, and senators Jim Risch and Bob Menendez.
"We strongly urge all members of the international community against commercial or diplomatic engagement with the murderous Assad regime or engaging in sanctionable behaviour."
The law is named after Caesar, a former Syrian military photographer who fled at great personal risk in 2014 with 55,000 images of brutality in Mr Al Assad's jails.
Caesar, disguised, first testified before Congress in 2014 but the law did not pass until late last year as part of a giant defence spending bill.
The impending law already sent the Syrian pound tumbling to record lows against the dollar this weekend.
The Syrian government last week condemned the law, saying that the US will "bear the main responsibility for the suffering of the Syrian people."
Mr Al Assad crushed protests that erupted in 2011, with the country descending into a war that has killed more than 380,000 people, displaced millions and saw the rise of ISIS extremists.
With Russian support, Mr Al Assad has largely retaken the country, but policymakers in the West are adamant never to formally recognise him, even if he stays in power.
Amnesty International said in 2017 that as many as 13,000 people were hanged in one military-run prison near Damascus, with the US saying authorities built a crematorium to cover up evidence.
Two Syrians went on trial in April in Germany in the first case worldwide over state-sponsored torture by the Assad regime. The trial is continuing.
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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
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Three trading apps to try
Sharad Nair recommends three investment apps for UAE residents:
- For beginners or people who want to start investing with limited capital, Mr Nair suggests eToro. “The low fees and low minimum balance requirements make the platform more accessible,” he says. “The user interface is straightforward to understand and operate, while its social element may help ease beginners into the idea of investing money by looking to a virtual community.”
- If you’re an experienced investor, and have $10,000 or more to invest, consider Saxo Bank. “Saxo Bank offers a more comprehensive trading platform with advanced features and insight for more experienced users. It offers a more personalised approach to opening and operating an account on their platform,” he says.
- Finally, StashAway could work for those who want a hands-off approach to their investing. “It removes one of the biggest challenges for novice traders: picking the securities in their portfolio,” Mr Nair says. “A goal-based approach or view towards investing can help motivate residents who may usually shy away from investment platforms.”
The specs: 2018 Nissan 370Z Nismo
The specs: 2018 Nissan 370Z Nismo
Price, base / as tested: Dh182,178
Engine: 3.7-litre V6
Power: 350hp @ 7,400rpm
Torque: 374Nm @ 5,200rpm
Transmission: Seven-speed automatic
Fuel consumption, combined: 10.5L / 100km
What sanctions would be reimposed?
Under ‘snapback’, measures imposed on Iran by the UN Security Council in six resolutions would be restored, including:
- An arms embargo
- A ban on uranium enrichment and reprocessing
- A ban on launches and other activities with ballistic missiles capable of delivering nuclear weapons, as well as ballistic missile technology transfer and technical assistance
- A targeted global asset freeze and travel ban on Iranian individuals and entities
- Authorisation for countries to inspect Iran Air Cargo and Islamic Republic of Iran Shipping Lines cargoes for banned goods
Winners
Ballon d’Or (Men’s)
Ousmane Dembélé (Paris Saint-Germain / France)
Ballon d’Or Féminin (Women’s)
Aitana Bonmatí (Barcelona / Spain)
Kopa Trophy (Best player under 21 – Men’s)
Lamine Yamal (Barcelona / Spain)
Best Young Women’s Player
Vicky López (Barcelona / Spain)
Yashin Trophy (Best Goalkeeper – Men’s)
Gianluigi Donnarumma (Paris Saint-Germain and Manchester City / Italy)
Best Women’s Goalkeeper
Hannah Hampton (England / Aston Villa and Chelsea)
Men’s Coach of the Year
Luis Enrique (Paris Saint-Germain)
Women’s Coach of the Year
Sarina Wiegman (England)