Dr Sultan Al Jaber meets Pope Francis at Vatican


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Cop28 President-designate Dr Sultan Al Jaber was received by Pope Francis at the Vatican on Wednesday.

They discussed the crucial role of faith leaders in advancing the climate agenda at Cop28. The Cop28 UN climate summit will begin in Dubai in November.

During Wednesday's meeting, Dr Al Jaber thanked the Vatican for its climate action advocacy and invited Pope Francis to participate in the World Climate Action Summit at Cop28.

The Cop28 Presidency has developed a series of inter-faith initiatives to be held in the lead-up to and during Cop28 to further the role of faith communities in the global climate dialogue.

During the meeting, Dr Al Jaber thanked the Vatican for its climate action advocacy and invited Pope Francis to participate in the World Climate Action Summit at Cop28.
During the meeting, Dr Al Jaber thanked the Vatican for its climate action advocacy and invited Pope Francis to participate in the World Climate Action Summit at Cop28.

This includes a summit for faith leaders - the Confluence of Conscience - to be held on November 6 and 7 in Abu Dhabi.

The event has been organised by the Muslim Council of Elders, in partnership with the Cop28 Presidency, the UN Environment Programme and the Catholic Church.

Senior representatives of the world's major religions will be joined by academics and environmental experts to discuss the ethical duty of faith leaders to address the climate crisis.

The gathering will also explore how faith and science can be combined to engage communities in meaningful action.

Food systems and agriculture

Earlier, Dr Jaber, who is also the UAE's Minister of Industry and Advanced Technology, met Qu Dongyu, director-general of the UN's Food and Agriculture Organisation, in Rome.

Dr Al Jaber and Mr Qu discussed Cop28's commitment to ensuring that food systems and agriculture remain at the heart of climate action efforts.

Cop28 President-designate Dr Sultan Al Jaber meets Qu Dongyu, director-general of the UN's Food and Agriculture Organisation in Rome.
Cop28 President-designate Dr Sultan Al Jaber meets Qu Dongyu, director-general of the UN's Food and Agriculture Organisation in Rome.

During the meeting, Dr Al Jaber said the Cop28 Presidency will launch the leader-level Emirates Declaration on Resilient Food Systems, Sustainable Agriculture, and Climate Action at the World Food Forum, taking place this month in Rome.

The milestone declaration recognises the indisputable links between food systems, agriculture, and climate change and invites national governments to align their national food systems and agriculture strategies with their Nationally Determined Contributions, National Adaptation Plans, and National Biodiversity Strategies and Action Plans.

In September, Dr Al Jaber said the global community "has not given adequate attention to the transformation of food systems, which is crucial for achieving the long-term goals of the Paris Agreement".

"Addressing the complex interconnections between food systems, agriculture, and climate is essential for both mitigation and adaptation efforts," he said.

"This integration must be a focal point in national strategies and is the cornerstone of the Cop28 Presidency's Declaration on food and climate."

The UAE’s Cop28 presidency previously said agriculture and food production would take centre stage at the climate summit in Dubai from November 30 to December 12.

Dr Sultan on Tuesday met Italian Prime Minister Giorgia Meloni to discuss climate action ahead of Cop28.
Dr Sultan on Tuesday met Italian Prime Minister Giorgia Meloni to discuss climate action ahead of Cop28.

In August, Kaveh Zahedi, director of the Office of Climate Change, Biodiversity and Environment at the Food and Agriculture Organisation, said countries had barely recovered from the coronavirus pandemic before a cost-of-living crisis hit and contributed to 700 million people globally now facing food insecurity.

He told The National at the time that the situation was being made worse by climate change and, when combined, these issues were “undermining hard-won development gains”.

“I don’t think you can separate the food crisis from the climate crisis or food security from climate solutions,” said Mr Zahedi. “They are absolutely intertwined.”

Italian PM meeting

On Tuesday, Dr Al Jaber met Italian Prime Minister Giorgia Meloni to discuss climate action ahead of Cop28.

During the meeting, they discussed the importance of delivering on Cop28’s Climate Action Agenda to help accelerate global decarbonisation efforts.

Dr Al Jaber thanked Ms Meloni for supporting climate action, including scaling up clean energy while decarbonising the current energy system.

The Cop28 Presidency is advocating for the world to triple the world’s renewable energy capacity by 2030, while comprehensively eliminating emissions from all energy sources.

They also discussed the importance of strengthening adaptation and resilience measures worldwide, including through investments in food and water security, health, nature-based solutions and the protection of natural ecosystems.

“We reaffirm our commitment to strengthening the bilateral relationship between the UAE and Italy," Dr Al Jaber said.

"Our collaborative efforts within the framework of Cop28 and climate action are crucial in addressing the pressing challenges of climate change and building a sustainable future for all. Together, we can make a lasting impact on the global stage."

HAEMOGLOBIN DISORDERS EXPLAINED

Thalassaemia is part of a family of genetic conditions affecting the blood known as haemoglobin disorders.

Haemoglobin is a substance in the red blood cells that carries oxygen and a lack of it triggers anemia, leaving patients very weak, short of breath and pale.

The most severe type of the condition is typically inherited when both parents are carriers. Those patients often require regular blood transfusions - about 450 of the UAE's 2,000 thalassaemia patients - though frequent transfusions can lead to too much iron in the body and heart and liver problems.

The condition mainly affects people of Mediterranean, South Asian, South-East Asian and Middle Eastern origin. Saudi Arabia recorded 45,892 cases of carriers between 2004 and 2014.

A World Health Organisation study estimated that globally there are at least 950,000 'new carrier couples' every year and annually there are 1.33 million at-risk pregnancies.

The specs

Engine: 2.0-litre 4-cylinder turbo

Power: 258hp from 5,000-6,500rpm

Torque: 400Nm from 1,550-4,000rpm

Transmission: Eight-speed auto

Fuel consumption: 6.1L/100km

Price: from Dh362,500

On sale: now

Profile box

Founders: Michele Ferrario, Nino Ulsamer and Freddy Lim
Started: established in 2016 and launched in July 2017
Based: Singapore, with offices in the UAE, Malaysia, Hong Kong, Thailand
Sector: FinTech, wealth management
Initial investment: $500,000 in seed round 1 in 2016; $2.2m in seed round 2 in 2017; $5m in series A round in 2018; $12m in series B round in 2019; $16m in series C round in 2020 and $25m in series D round in 2021
Current staff: more than 160 employees
Stage: series D 
Investors: EightRoads Ventures, Square Peg Capital, Sequoia Capital India

THE SPECS

Engine: Four-cylinder 2.5-litre

Transmission: Seven-speed auto

Power: 165hp

Torque: 241Nm

Price: Dh99,900 to Dh134,000

On sale: now

Anghami
Started: December 2011
Co-founders: Elie Habib, Eddy Maroun
Based: Beirut and Dubai
Sector: Entertainment
Size: 85 employees
Stage: Series C
Investors: MEVP, du, Mobily, MBC, Samena Capital

UAE currency: the story behind the money in your pockets
The specs
  • Engine: 3.9-litre twin-turbo V8
  • Power: 640hp
  • Torque: 760nm
  • On sale: 2026
  • Price: Not announced yet
Our legal consultant

Name: Dr Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

Key figures in the life of the fort

Sheikh Dhiyab bin Isa (ruled 1761-1793) Built Qasr Al Hosn as a watchtower to guard over the only freshwater well on Abu Dhabi island.

Sheikh Shakhbut bin Dhiyab (ruled 1793-1816) Expanded the tower into a small fort and transferred his ruling place of residence from Liwa Oasis to the fort on the island.

Sheikh Tahnoon bin Shakhbut (ruled 1818-1833) Expanded Qasr Al Hosn further as Abu Dhabi grew from a small village of palm huts to a town of more than 5,000 inhabitants.

Sheikh Khalifa bin Shakhbut (ruled 1833-1845) Repaired and fortified the fort.

Sheikh Saeed bin Tahnoon (ruled 1845-1855) Turned Qasr Al Hosn into a strong two-storied structure.

Sheikh Zayed bin Khalifa (ruled 1855-1909) Expanded Qasr Al Hosn further to reflect the emirate's increasing prominence.

Sheikh Shakhbut bin Sultan (ruled 1928-1966) Renovated and enlarged Qasr Al Hosn, adding a decorative arch and two new villas.

Sheikh Zayed bin Sultan (ruled 1966-2004) Moved the royal residence to Al Manhal palace and kept his diwan at Qasr Al Hosn.

Sources: Jayanti Maitra, www.adach.ae

Dirham Stretcher tips for having a baby in the UAE

Selma Abdelhamid, the group's moderator, offers her guide to guide the cost of having a young family:

• Buy second hand stuff

 They grow so fast. Don't get a second hand car seat though, unless you 100 per cent know it's not expired and hasn't been in an accident.

• Get a health card and vaccinate your child for free at government health centres

 Ms Ma says she discovered this after spending thousands on vaccinations at private clinics.

• Join mum and baby coffee mornings provided by clinics, babysitting companies or nurseries.

Before joining baby classes ask for a free trial session. This way you will know if it's for you or not. You'll be surprised how great some classes are and how bad others are.

• Once baby is ready for solids, cook at home

Take the food with you in reusable pouches or jars. You'll save a fortune and you'll know exactly what you're feeding your child.

The permutations for UAE going to the 2018 World Cup finals

To qualify automatically

UAE must beat Iraq.

Australia must lose in Japan and at home to Thailand, with their losing margins and the UAE's winning margin over Iraq being enough to overturn a goal difference gap of eight.

Saudi Arabia must lose to Japan, with their losing margin and the UAE's winning margin over Iraq being enough to overturn a goal difference gap of eight.

 

To finish third and go into a play-off with the other third-placed AFC side for a chance to reach the inter-confederation play-off match

UAE must beat Iraq.

Saudi Arabia must lose to Japan, with their losing margin and the UAE's winning margin over Iraq being enough to overturn a goal difference gap of eight.

Bookshops: A Reader's History by Jorge Carrión (translated from the Spanish by Peter Bush),
Biblioasis

Alita: Battle Angel

Director: Robert Rodriguez

Stars: Rosa Salazar, Christoph Waltz, Keean Johnson

Four stars

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

THE SPECS

Engine: 4.4-litre V8

Transmission: eight-speed automatic

Power: 523hp

Torque: 750Nm

Price: Dh469,000

Jetour T1 specs

Engine: 2-litre turbocharged

Power: 254hp

Torque: 390Nm

Price: From Dh126,000

Available: Now

The specs

The specs: 2019 Audi Q8
Price, base: Dh315,000
Engine: 3.0-litre turbocharged V6
Gearbox: Eight-speed automatic
Power: 340hp @ 3,500rpm
Torque: 500Nm @ 2,250rpm
Fuel economy, combined: 6.7L / 100km
 

Match info

Karnataka Tuskers 110-3

J Charles 35, M Pretorius 1-19, Z Khan 0-16

Deccan Gladiators 111-5 in 8.3 overs

K Pollard 45*, S Zadran 2-18

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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

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Updated: October 11, 2023, 2:46 PM