Turkey grinds to halt after massive power cut



ISTANBUL // A massive power cut caused chaos and shut down public transport across Turkey on Tuesday, with the government refusing to rule out that the electricity system had been the victim of an attack.

The nationwide power cut, the worst in 15 years, began around 10.36am local time (11.36am UAE time) in Istanbul, the state-run Anatolia news agency quoted the Turkey Electricity Transmission Company (TEIAS) as saying.

The outage hit 49 of the country’s total 81 provinces, from the Greek border to those in the southeast neighbouring Iran and Iraq and including Istanbul and the capital Ankara.

Several hours later, swathes of Turkey including much of Istanbul were still without power, although public transport systems such as metro lines appeared to be working again.

“Every possibility, including a terrorist attack, is being investigated,” said prime minister Ahmet Davutoglu after the magnitude of the outage became clear.

A crisis cell was established at the energy ministry to handle the situation, which occurred as president Recep Tayyip Erdogan was out of the country on a visit to Slovakia.

Energy minister Taner Yildiz said that authorities were investigating whether the power outage was due to a technical failure or a “cyberattack”.

“The most important thing for us is to bring the system back to life. This is not something we frequently experience,” Mr Yildiz said.

He later sought to calm tensions, saying power had already been restored to several regions and the whole country “would be fully energised again soon”.

The ministry said on Turkish media that a power cut on this scale had not been seen in 15 years.

The blackout trapped people in elevators while the metro systems in Ankara, Istanbul and Izmir all stopped working for several hours.

Rescue teams rushed to subway stations to evacuate stranded travellers and bring them to the surface.

Traffic lights also stopped working in several places in Istanbul and Ankara, causing huge traffic jams, with officers taking to the streets in an attempt to break the gridlock.

The Marmaray metro line which goes underneath the Bosphorus strait in Istanbul also went down while high speed train services from Ankara were halted.

About three hours after the power cut struck Istanbul, the metro, tramway and the Marmaray underground system came back on line and resumed operations.

Power was being gradually restored to Istanbul with some reports claiming that 80 per cent of the city had power again.

However, many private homes and offices were still without power.

In the heavily industrialised western city of Izmit, near Istanbul, the cuts prevented many factories and workshops from functioning.

There were conflicting initial reports about the cause of the outage, but Turkish grid operator TEIAS said it resulted from a severing of the power lines between Europe and Turkey, and warned it could take hours before electricity was restored.

The Chamber of Electrical Engineers of Turkey, however, claimed that it occurred because some private power suppliers had refused to sell electricity due to low prices.

The DHA news agency said almost all provinces in Turkey were affected by the outage, except the Van province in the east which imports electricity from neighbouring Iran.

Conspiracy theories for the outage also flooded the internet, with the situation the top trend under the hashtag #BuradaElektrikYok (There is no electricity here).

There was no immediate indication that the outage was linked to the hostage drama ongoing in Istanbul where a radical leftist group took a prosecutor hostage at a courthouse and threatened to kill him.

The cut came at a particularly tense period in Turkey ahead of June 7 legislative elections and with Mr Erdogan increasingly polarising society.

The government is currently seeking to make peace with Kurdish militants while also dealing with the advance of ISIL militants in Iraq and Syria up to the Turkish border.

* Agence France-Presse

 

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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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Fuel consumption, combined: 7.6L / 100km

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Manchester United 2 Burnley 2
Man United:
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Burnley: Barnes (3'), Defour (36')

Man of the Match: Jesse Lingard (Manchester United)

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Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
 
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
 
Round 3: February 7-9, Dubai Autodrome – Dubai
 
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
 
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
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The Word for Woman is Wilderness
Abi Andrews, Serpent’s Tail

THE BIO

Favourite place to go to in the UAE: The desert sand dunes, just after some rain

Who inspires you: Anybody with new and smart ideas, challenging questions, an open mind and a positive attitude

Where would you like to retire: Most probably in my home country, Hungary, but with frequent returns to the UAE

Favorite book: A book by Transilvanian author, Albert Wass, entitled ‘Sword and Reap’ (Kard es Kasza) - not really known internationally

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Engine 6.2L V8

Transmission Eight-speed automatic

Power 420hp @ 5,600rpm

Torque 624Nm @ 4,100rpm

Fuel economy, combined 13.5L / 100km

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  • Suspend strict budget rules to allow member countries to step up defence spending
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Company: Bidzi

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Dr Afridi's warning signs of digital addiction

Spending an excessive amount of time on the phone.

Neglecting personal, social, or academic responsibilities.

Losing interest in other activities or hobbies that were once enjoyed.

Having withdrawal symptoms like feeling anxious, restless, or upset when the technology is not available.

Experiencing sleep disturbances or changes in sleep patterns.

What are the guidelines?

Under 18 months: Avoid screen time altogether, except for video chatting with family.

Aged 18-24 months: If screens are introduced, it should be high-quality content watched with a caregiver to help the child understand what they are seeing.

Aged 2-5 years: Limit to one-hour per day of high-quality programming, with co-viewing whenever possible.

Aged 6-12 years: Set consistent limits on screen time to ensure it does not interfere with sleep, physical activity, or social interactions.

Teenagers: Encourage a balanced approach – screens should not replace sleep, exercise, or face-to-face socialisation.

Source: American Paediatric Association
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Members of Syria's Alawite minority community face threat in their heartland after one of the deadliest days in country’s recent history. Read more

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Last six stroke-play events (First round score in brackets)

Arnold Palmer Invitational Tied for 4th (74)

The US Masters Tied for 7th (72)

The Players Championship Tied for 35th (73)

US Open Missed the cut (78)

Travellers Championship Tied for 17th (67)

Irish Open Missed the cut (72)

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(All games 4-3pm kick UAE time) Bayern Munich v Augsburg, Borussia Dortmund v Bayer Leverkusen, Hoffenheim v Hertha Berlin, Wolfsburg v Mainz , Eintracht Frankfurt v Freiburg, Union Berlin v RB Leipzig, Cologne v Schalke , Werder Bremen v Borussia Monchengladbach, Stuttgart v Arminia Bielefeld

2025 Fifa Club World Cup groups

Group A: Palmeiras, Porto, Al Ahly, Inter Miami.

Group B: Paris Saint-Germain, Atletico Madrid, Botafogo, Seattle.

Group C: Bayern Munich, Auckland City, Boca Juniors, Benfica.

Group D: Flamengo, ES Tunis, Chelsea, Leon.

Group E: River Plate, Urawa, Monterrey, Inter Milan.

Group F: Fluminense, Borussia Dortmund, Ulsan, Mamelodi Sundowns.

Group G: Manchester City, Wydad, Al Ain, Juventus.

Group H: Real Madrid, Al Hilal, Pachuca, Salzburg.

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Know before you go
  • Jebel Akhdar is a two-hour drive from Muscat airport or a six-hour drive from Dubai. It’s impossible to visit by car unless you have a 4x4. Phone ahead to the hotel to arrange a transfer.
  • If you’re driving, make sure your insurance covers Oman.
  • By air: Budget airlines Air Arabia, Flydubai and SalamAir offer direct routes to Muscat from the UAE.
  • Tourists from the Emirates (UAE nationals not included) must apply for an Omani visa online before arrival at evisa.rop.gov.om. The process typically takes several days.
  • Flash floods are probable due to the terrain and a lack of drainage. Always check the weather before venturing into any canyons or other remote areas and identify a plan of escape that includes high ground, shelter and parking where your car won’t be overtaken by sudden downpours.

 

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Director: Ruben Fleischer

Stars: Woody Harrelson, Jesse Eisenberg, Emma Stone

Four out of five stars 

WHAT IS A BLACK HOLE?

1. Black holes are objects whose gravity is so strong not even light can escape their pull

2. They can be created when massive stars collapse under their own weight

3. Large black holes can also be formed when smaller ones collide and merge

4. The biggest black holes lurk at the centre of many galaxies, including our own

5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed

The Brutalist

Director: Brady Corbet

Stars: Adrien Brody, Felicity Jones, Guy Pearce, Joe Alwyn

Rating: 3.5/5