Ebrahim Raisi and Syria's Bashar Al Assad at the presidential palace in Damascus on Wednesday. AFP
Ebrahim Raisi and Syria's Bashar Al Assad at the presidential palace in Damascus on Wednesday. AFP
Ebrahim Raisi and Syria's Bashar Al Assad at the presidential palace in Damascus on Wednesday. AFP
Ebrahim Raisi and Syria's Bashar Al Assad at the presidential palace in Damascus on Wednesday. AFP

Iranian President Ebrahim Raisi signs energy co-operation deal on historic Syria visit


Holly Johnston
  • English
  • Arabic

President Ebrahim Raisi arrived in Damascus on Wednesday in the first visit by an Iranian leader to Syria since the civil war began.

He landed at Damascus International Airport shortly after 10am local time (11am UAE time), state media reported.

“Syrian-Iranian relations are rich in content, rich in experiences and rich in the vision that they formed and because they were also, during difficult periods, a stable and constant relationship despite the severe political and security storms that struck the Middle East,” President Bashar Al Assad said during a meeting with President Raisi after an official reception at the presidential palace.

The two discussed relations and regional developments, Syrian state news agency Sana reported. Mr Raisi praised Damascus for its “victory despite the threats and sanctions imposed against you”.

The presidents signed a long-term strategic co-operation agreement, including a memorandum of understanding on oil industry co-operation, the Syrian state news agency reported.

Syria's eastern oilfields have been in long term production decline and heavily damaged by conflict, but they are also currently under the control of US-backed Kurdish militias. Syria has been largely dependent on Iranian oil and fuel supplies, but shipments have dropped in recent months due to problems Syria has had paying Tehran.

The drop in deliveries has worsened an already severe fuel crisis in Syria.

His two-day visit, the first in 13 years by a high Iranian official, will focus on strengthening economic relations between the countries, government officials said.

The trip takes place at a time of increasing efforts among states to bring Damascus back into the international fold after more than a decade of isolation.

The Iranian delegation includes Foreign Minister Hossein Amirabdollahian, Defence Minister Mohammad Reza Ashtani, and Oil Minister Javad Oji.

The visit shows the victory of the political will of the resistance and the success of the government's diplomacy in completing the regional integration process,” said Mr Amirabdollahian.

Iran's military support helped the Syrian regime regain much of its territory during the civil war.

In addition to sending Iranian advisers led by Islamic Revolutionary Guard Corps' Quds Force general Qassem Suleimani — who was killed in a US drone strike near Baghdad in 2020 — the IRGC created a huge network of foreign militias in Syria.

They include proxy fighters from Iraq's Popular Mobilisation Forces, Lebanon's Hezbollah and Shiite recruits from Afghanistan, part of an alliance that pro-IRGC figures called “the resistance.”

Syria's pro-government Al Watan newspaper reported that deals on “energy and electricity” were among a large number of agreements and memorandums of understanding expected to be signed.

There will also be discussions on a new Iranian credit line for Syria for investment in the power sector, the daily said, in a country where power cuts can last for as long as 20 hours a day.

In January 2019, Syria and Iran signed 11 agreements, including one on “long-term strategic economic co-operation”.

Damascus-based analyst Osama Danura said the visit would “open a new page in the close relationship between the two countries”, noting that Iran had “put itself forward strongly as a contributor to the reconstruction phase”.

Mr Ashtani attended talks in Istanbul last week to discuss Syrian security and efforts to normalise relations between Turkey and Syria.

Saudi Arabia cut ties with Iran in 2016 after protesters stormed its diplomatic posts in Iran following the kingdom's execution of a prominent Shiite cleric.

Riyadh and Tehran announced a restoration of diplomatic ties after five rounds of Chinese-brokered talks, and are expected to reopen their respective embassies by June.

Mr Amirabdollahian visited Damascus in March and said Tehran was in favour of the Arab world's aid to Syria after February's deadly earthquake.

This week's trip will mainly focus on economic ties and the signing a series of related agreements, a senior Iranian Foreign Ministry official told IRNA.

“In such a situation, when the economic and political relations of the two countries, Iran and Syria, are at their best level, carrying out this trip and signing the prepared memorandums will strengthen the relations between the two countries,” said Abbas Golro, head of the parliament's foreign relations committee, who is accompanying Mr Raisi to Damascus.

The trip sends a wider “message to the region”, he said, adding that economic plans made before the civil war are now taking effect.

Co-operation and the improvement of relations with regional neighbours have been a priority of the Raisi administration, first Vice President Mohammed Mokhber said last month.

Hotel Silence
Auður Ava Ólafsdóttir
Pushkin Press

Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

7.

Singapore

8.

Australia

9.

Saudi Arabia

10.

South Korea

LOVE%20AGAIN
%3Cp%3EDirector%3A%20Jim%20Strouse%3C%2Fp%3E%0A%3Cp%3EStars%3A%20Priyanka%20Chopra%20Jonas%2C%20Sam%20Heughan%2C%20Celine%20Dion%3C%2Fp%3E%0A%3Cp%3ERating%3A%202%2F5%3C%2Fp%3E%0A
Sarfira

Director: Sudha Kongara Prasad

Starring: Akshay Kumar, Radhika Madan, Paresh Rawal 

Rating: 2/5

Points tally

1. Australia 52; 2. New Zealand 44; 3. South Africa 36; 4. Sri Lanka 35; 5. UAE 27; 6. India 27; 7. England 26; 8. Singapore 8; 9. Malaysia 3

The specs
  • Engine: 3.9-litre twin-turbo V8
  • Power: 640hp
  • Torque: 760nm
  • On sale: 2026
  • Price: Not announced yet
GAC GS8 Specs

Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

Torque: 400Nm at 1,750-4,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

On sale: Now

Price: From Dh149,900

MATCH INFO

Arsenal 1 (Aubameyang 12’) Liverpool 1 (Minamino 73’)

Arsenal win 5-4 on penalties

Man of the Match: Ainsley Maitland-Niles (Arsenal)

Ferrari 12Cilindri specs

Engine: naturally aspirated 6.5-liter V12

Power: 819hp

Torque: 678Nm at 7,250rpm

Price: From Dh1,700,000

Available: Now

What are NFTs?

Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.

You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”

However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.

This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”

This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.

UAE currency: the story behind the money in your pockets
Specs

Engine: Dual-motor all-wheel-drive electric

Range: Up to 610km

Power: 905hp

Torque: 985Nm

Price: From Dh439,000

Available: Now

PAKISTAN SQUAD

Abid Ali, Fakhar Zaman, Imam-ul-Haq, Shan Masood, Azhar Ali (test captain), Babar Azam (T20 captain), Asad Shafiq, Fawad Alam, Haider Ali, Iftikhar Ahmad, Khushdil Shah, Mohammad Hafeez, Shoaib Malik, Mohammad Rizwan (wicketkeeper), Sarfaraz Ahmed (wicketkeeper), Faheem Ashraf, Haris Rauf, Imran Khan, Mohammad Abbas, Mohammad Hasnain, Naseem Shah, Shaheen Afridi, Sohail Khan, Usman Shinwari, Wahab Riaz, Imad Wasim, Kashif Bhatti, Shadab Khan and Yasir Shah. 

Wicked
Director: Jon M Chu
Stars: Cynthia Erivo, Ariana Grande, Jonathan Bailey
Rating: 4/5
The bio

Favourite food: Japanese

Favourite car: Lamborghini

Favourite hobby: Football

Favourite quote: If your dreams don’t scare you, they are not big enough

Favourite country: UAE

BMW%20M4%20Competition
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E3.0%20twin-turbo%20inline%20six-cylinder%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%3C%2Fstrong%3E%20eight-speed%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E503hp%0D%3Cbr%3E%3Cstrong%3ETorque%3A%3C%2Fstrong%3E%20600Nm%0D%3Cbr%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20from%20Dh617%2C600%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%3C%2Fstrong%3E%20Now%0D%3C%2Fp%3E%0A
ESSENTIALS

The flights

Emirates flies from Dubai to Phnom Penh via Yangon from Dh2,700 return including taxes. Cambodia Bayon Airlines and Cambodia Angkor Air offer return flights from Phnom Penh to Siem Reap from Dh250 return including taxes. The flight takes about 45 minutes.

The hotels

Rooms at the Raffles Le Royal in Phnom Penh cost from $225 (Dh826) per night including taxes. Rooms at the Grand Hotel d'Angkor cost from $261 (Dh960) per night including taxes.

The tours

A cyclo architecture tour of Phnom Penh costs from $20 (Dh75) per person for about three hours, with Khmer Architecture Tours. Tailor-made tours of all of Cambodia, or sites like Angkor alone, can be arranged by About Asia Travel. Emirates Holidays also offers packages. 

Thor%3A%20Love%20and%20Thunder%20
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Taika%20Waititi%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Chris%20Hemsworth%2C%20Natalie%20Portman%2C%20Christian%20Bale%2C%20Russell%20Crowe%2C%20Tessa%20Thompson%2C%20Taika%20Waititi%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
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
UAE currency: the story behind the money in your pockets
Updated: May 04, 2023, 3:40 AM`