King Charles III receives Dr Sultan Al Jaber, Cop28 president-designate and the UAE's Special Envoy for Climate Change, at Buckingham Palace. PA
King Charles III receives Dr Sultan Al Jaber, Cop28 president-designate and the UAE's Special Envoy for Climate Change, at Buckingham Palace. PA
King Charles III receives Dr Sultan Al Jaber, Cop28 president-designate and the UAE's Special Envoy for Climate Change, at Buckingham Palace. PA
King Charles III receives Dr Sultan Al Jaber, Cop28 president-designate and the UAE's Special Envoy for Climate Change, at Buckingham Palace. PA

Cop28 President-designate meets King Charles to discuss climate change solutions


Paul Carey
  • English
  • Arabic

Dr Sultan Al Jaber, the Cop28 president-designate and UAE Special Envoy for Climate Change, has met Britain's King Charles III to discuss the Emirates' plans for action to tackle climate change.

The Office of the Special Envoy for Climate Change tweeted an image of the pair shaking hands as they met at Buckingham Palace in London on Thursday.

It said that Dr Al Jaber, who is also the UAE's Minister of Industry and Advanced Technology, was honoured to meet King Charles, describing him as “an inspirational advocate for environmental action”.

The Cop28 president-designate looks forward to collaborating with King Charles, his partners and the world “to work closely on solutions at the intersection of climate and nature, focus on concrete actions across sectors to keep 1.5°C alive and support those most affected by climate impacts”, Dr Al Jaber's office added.

Dr Al Jaber shared details of Cop28's goal to deliver transformative action on climate change.

The UN climate talks will be held in the UAE later this year.

He later met Baroness Scotland, Secretary General of the Commonwealth of Nations, to discuss opportunities for youth involvement in the Cop28 agenda and to support reform of international financial institutions to unlock funds for those affected by climate change.

On Wednesday, Dr Al Jaber said his main priority would be to keep alive the goal of limiting global warming to 1.5ºC above pre-industrial levels.

“I have no intention whatsoever of deviating from the 1.5ºC goal,” said Dr Al Jaber in his first interview since being assigned the role of Cop28 President-designate.

“Keeping 1.5ºC alive is a top priority and it will cut across everything I do.”

As a long-standing campaigner on environmental issues, King Charles has warned of the dangers of climate change.

In 2021, he gave an impassioned speech about the urgency of facing the climate challenge at Cop26 and called for the global response to be put on a “warlike footing”.

Days before Cop27 in Egypt, marked the end of the UK’s role as host of Cop26 by bringing together 200 business leaders, politicians and campaigners to discuss practical measures to tackle climate change.

Earlier this week, King Charles met volunteers from the UK’s Turkish community sending aid to their homeland on Tuesday and expressed how “deeply sorry” he was following the devastating earthquake.

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part one: how cars came to the UAE

 

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Paatal Lok season two

Directors: Avinash Arun, Prosit Roy 

Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong

Rating: 4.5/5

All Black 39-12 British & Irish Lions

Lions tour fixtures

3 JuneProvincial BarbariansWon 13-7

7 JuneBluesLost 22-16

10 JuneCrusadersWon 12-3

13 JuneHighlandersLost 23-22

17 JuneMaori All BlacksWon 32-10

20 JuneChiefsWon 34-6

24 JuneNew ZealandLost 30-15

27 JuneHurricanes

1 JulyNew Zealand

8 JulyNew Zealand

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Tamkeen's offering
  • Option 1: 70% in year 1, 50% in year 2, 30% in year 3
  • Option 2: 50% across three years
  • Option 3: 30% across five years 
Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

Springsteen: Deliver Me from Nowhere

Director: Scott Cooper

Starring: Jeremy Allen White, Odessa Young, Jeremy Strong

Rating: 4/5

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
The specs: 2018 Jeep Grand Cherokee Trackhawk


Price, base: Dh399,999
Engine: Supercharged 6.2-litre V8
Gearbox: Eight-speed automatic
Power: 707hp @ 6,000rpm
Torque: 875Nm @ 4,800rpm
Fuel economy, combined: 16.8L / 100km (estimate)

The stats

Ship name: MSC Bellissima

Ship class: Meraviglia Class

Delivery date: February 27, 2019

Gross tonnage: 171,598 GT

Passenger capacity: 5,686

Crew members: 1,536

Number of cabins: 2,217

Length: 315.3 metres

Maximum speed: 22.7 knots (42kph)

MATCH INFO

Uefa Champions League semi-final, second leg result:

Ajax 2-3 Tottenham

Tottenham advance on away goals rule after tie ends 3-3 on aggregate

Final: June 1, Madrid

UAE currency: the story behind the money in your pockets
In numbers: PKK’s money network in Europe

Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010

Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille

Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm

Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year

Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”

Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners

TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013 

Updated: February 17, 2023, 5:38 PM