Escalation between Iraq and Turkey as Erdogan slams Abadi

October 12, 2016

Jeddah, Oct 12: Turkish President Recep Tayyip Erdogan has rejected Iraqi Prime Minister Haider Al-Abadi’s criticism of the presence of Turkish troops in Iraq ahead of a planned operation to retake Mosul from Daesh.

eddah

“Who’s that? The Iraqi prime minister? First you know your place,” retorted Erdogan.

“You are not my interlocutor; you are not my equal,” Erdogan told a meeting in Istanbul at which he addressed Al-Abadi. “You should know your limits.”

“It is not important at all how you shout from Iraq. You should know that we will do what we have to do,” said Erdogan.

Turkey shares a 1,200 km border with Syria and Iraq, and faces threats from Daesh in both. Turkey is concerned however, that once Daesh is evicted from Mosul, the overwhelmingly Sunni city will be taken over by Iran-affiliated Shiite militias.

Ankara maintains an estimated 2,000 troops in Iraq — around 500 of them in the Bashiqa camp
in northern Iraq. They are training local fighters who will join the battle to recapture Mosul, according to Turkish media reports.

The Iraqi premier’s spokesman, Saad Al-Hadithi, said Erdogan was “pouring oil on the fire” with his remarks. “Turkey’s response has turned a law and security issue into a problem of a personal nature,” he told AFP.

The differences between Ankara and Baghdad flared up after the Turkish Parliament extended a government mandate by one year thereby allowing its troops to remain on both Iraqi and Syrian soil.

The Shiite-dominated Iraqi Parliament labeled the Turkish troops an “occupying force.”
Erdogan rejected the demand for Turkish troop withdrawal.

“Iraq had certain requests from us regarding Bashiqa, and now they are telling us to leave. But the Turkish Army has not lost so much standing as to take orders from you,” said Erdogan.
Turkey’s position is that involving Shiite militias in a drive to expel Daesh from Mosul will not bring peace.

“If you try to change the demographic structure in Mosul, you will ignite the fires of a major sectarian war,” said Turkish Prime Minister Binali Yildirim.

Turkish Foreign Minister Mevlut Cavusoglu is traveling to Saudi Arabia on Thursday for a meeting with the foreign ministers of the Gulf Cooperation Council (GCC) states in Riyadh.

Confirming the news to Arab News on Tuesday, Saudi Foreign Ministry spokesman Osama Nugali said: “Foreign Minister Adel Al-Jubeir and Cavusoglu will hold a joint press conference on Thursday where they will address this issue (of Mosul).”

Saudi journalist Jamal Khashoggi told Arab News on Tuesday that the GCC meeting with Turkey has assumed significance in the light of the new developments.

“Saudi Arabia and Turkey should be worried about Iran and the sectarian government in Baghdad,” he said. “They (Tehran and Baghdad) have supported demographic changes elsewhere in Iraq. They are changing history; their intentions are bad; and we know this from what they have already done in Sunni areas.”

According to Khashoggi, if Iran and the notorious Shiite militia, Al-Hashd Al-Shaabi, launch an attack of their own on Mosul, “then that will lead to a mass Sunni exodus from Mosul.” He said a Shiite presence in Mosul would make Sunnis anxious and fearful.

Khashoggi is worried about something else. “Iran may populate Mosul with people who are not indigenous to the area,” he claimed. “The Iranians have done this before; they change demographics, and should not be allowed to do so.”

He is strongly opposed to allowing what he sees as Iranian-American designs to succeed in Mosul.

“Erdogan will not allow the Americans and Iranians to go into Mosul with Al-Hashd Al-Shaabi,” he said. “Turkey will insist on — and get — a role for the Peshmergas because the Peshmergas are Erdogan’s strong allies.”

Khashoggi said Turkey would need support from the GCC states and “Turkey would get it, because Turkish concerns are Saudi and Gulf concerns as well.”

He did not agree with the American approach of aligning with Al-Hashd Al-Shaabi and the Kurds in order to liberate Mosul. “That is totally wrong. This should not be allowed (because) Al-Hashad Al-Shaabi are not people indigenous to Mosul,” he said.

Meanwhile, a US State Department official told Arab News that Iraq’s neighbors needed to respect Iraqi sovereignty and territorial integrity.

“That is the premise that the global Counter ISIL Coalition operates under in Iraq, and we expect all of our partners to do the same,” he said. “We call on both governments to focus on their common enemy — Daesh.”

According to the spokesman, it is imperative for all parties in the coming days and weeks to coordinate their steps in order to ensure a unity of effort in the fight against Daesh.

“We continue to believe that this is a diplomatic matter for the governments of Iraq and Turkey to resolve and we support continued dialogue that will lead to a resolution of this matter,” he said.

“It is important that all parties who support the Iraqi government’s efforts to defeat Daesh do so in a manner that does not inflame sectarian tensions,” he said, and added: “This is something that we have discussed as a coalition and also with the government of Iraq.”

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Agencies
March 15,2020

Riyadh, Mar 15: Saudi Aramco on Sunday reported a 20.6 percent drop in its net profit for 2019 due to low oil prices and production levels, the company said in a statement.

These are the first annual results to be announced by the energy giant after its historical $29.4 billion initial public offering and listing on the Saudi Tadawul market last December.

Aramco posted net profits of $88.2 billion last year compared to $111.1 billion in 2018, Monday's statement said.

"The decrease was primarily due to lower crude oil prices and production volumes, coupled with declining refining and chemical margins," it said.

The company also made $1.6 billion of impairment provisions for losses associated with Sadara Chemical Company, an Aramco subsidiary.

"2019 was an exceptional year for Saudi Aramco. Through a variety of circumstances -- some planned and some not -- the world was offered unprecedented insight into Saudi Aramco's agility and resilience," CEO Amin Nasser said.

"Our unique scale, low costs, and resilience came together to deliver both growth and world-leading returns, while also maintaining our position as one of the world's most reliable energy companies," Nasser said.

The earnings for last year are not affected by the coronavirus outbreak or the ongoing price war between Saudi Arabia and Russia that has sent oil prices crashing.

Aramco said it will distribute dividends worth $73.2 billion for 2019 but based on its commitments under the IPO, its dividends for the next five years starting this year will be at least $75 billion.

It said its capital spending last year dropped to $32.8 billion from $35.1 billion in 2018.

The company expects capital spending, which is expenditure on projects, to be between $25 billion and $30 billion this year "in light of current market conditions and recent commodity price volatility."

But it said that capital expenditure for 2021 and beyond is currently under review.

The results were announced amid a price war between Saudi Arabia and Russia after they failed to agree on additional output cuts to support prices dented by the outbreak of the coronavirus pandemic.

"The recent COVID-19 outbreak and its rapid spread illustrate the importance of agility and adaptability in an ever-changing global landscape," Nasser said.

The kingdom said last week Aramco will pump 12.3 million barrels of oil per day, boosting output by at least 2.5 million bpd.

It also announced plans to raise production capacity from 12 million bpd to 13 million bpd.

Forecasts for future crude prices and demand are also bleak.

In its latest monthly report, the Organization of Petroleum Exporting Countries lowered its forecast for global average daily demand by 0.92 million barrels to 99.73 million barrels.

Saudi Arabia is also in the midst of a royal purge that saw King Salman's brother and nephew detained after sources said they were accused of plotting a palace coup to unseat the crown prince, heir to the Saudi throne.

Aramco shares rallied immediately after the listing on December 11, rising by 19 percent to 38 riyals ($10.1) and temporarily lifting the company's valuation above the $2 trillion mark, which was sought by Crown Prince Mohammed bin Salman, Saudi Arabia's de facto ruler.

But as oil prices tumble, Aramco shares have lost 29 percent from its highest point, slipping below the listing price.

On Thursday, Aramco's market value dropped to around $1.55 trillion, but it still remains the world's largest publicly listed company.

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News Network
May 19,2020

Abu Dhabi: The United Arab Emirates today reported 873 new coronavirus cases, pushing the total number of COVID-19 infections in the country to 25,063.

Three more people have died from the virus, bringing the total death toll to 227, the ministry revealed, adding that a total of 1,214 COVID-19 patients have made full recovery, which takes the overall number of patients recovered to 10,791.

The latest coronavirus patients, all of whom are in a stable condition and receiving the necessary care, were identified after conducting more than 38,000 additional COVID-19 tests among UAE citizens and residents over the past few days, the ministry said.

It expressed its sincere condolences to the families of the deceased and wished a speedy recovery to all patients, calling on the public to cooperate with health authorities and comply with all precautionary measures, particularly social distancing protocols, to ensure the safety and protection of the public.

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News Network
April 10,2020

Dubai, Apr 10: Saudi Arabia reported 364 new coronavirus cases and three new virus-related deaths, the Ministry of Health announced on Friday.

The total number of confirmed cases in the Kingdom is 3,651, out of which 2,919 are currently active, the ministry added.

Out of the new cases, 90 were recorded in Mecca, 78 in Medina, 69 in Riyadh, and 54 in Jeddah, the ministry said.

Meanwhile, the number of fatalities rose to 47, while th number of recoveries reached 685.

The daily number of confirmed cases in Saudi Arabia has not peaked yet, and has been rapidly accelerating.

Saudi Arabia’s Minister of Health had said earlier this week that four different studies showed that the number of coronavirus cases in the Kingdom could reach between 10,000 to 200,000 within weeks.

The ministry spokesman emphasized the urgent need for citizens and residents to remain at home and maintain social distancing practices to ensure that the virus does not spread further.

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