Yemen Hans Grundberg leaves Sana'a International Airport in Yemen for a meeting with Houthi officials. EPA
Yemen Hans Grundberg leaves Sana'a International Airport in Yemen for a meeting with Houthi officials. EPA
Yemen Hans Grundberg leaves Sana'a International Airport in Yemen for a meeting with Houthi officials. EPA
Yemen Hans Grundberg leaves Sana'a International Airport in Yemen for a meeting with Houthi officials. EPA

UN Yemen envoy encouraged by further peace talks


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The UN has expressed hope for peace talks in Yemen, while cautioning that negotiations must be more “inclusive” after a series of faltering ceasefires this year.

Yemen’s eight-year conflict saw its first glimpse of relative calm in April when the internationally recognised government and Iran-backed Houthi militias agreed to a ceasefire, although the government accused the militias of violating the truce on several occasions.

The ceasefire came after heavy fighting for the oil-rich governorate of Marib in the centre of the country, and an ongoing siege of the city of Taiz in Yemen’s highlands, north-west of Aden.

Hans Grundberg, addressing a UN Security Council briefing more than three months after an initial truce pact expired, said "we are witnessing a potential step change" in the conflict's trajectory though the situation remained "complex and fluid".

The United Nations has been pushing for an extended and broader deal encompassing a mechanism to pay public sector wages, which the Houthis had criticised for not including armed forces members.

Mr Grundberg, speaking from the Houthi-held capital Sanaa, thanked Saudi Arabia and Oman for their diplomacy and said discussions in the past month have developed "options for mutually acceptable solutions to outstanding issues".

But he advised against a "piecemeal approach" focused on individual needs, saying talks on short-term steps should be part of a broader approach towards a sustainable resolution of a multifaceted conflict in which several parties are vying for power.

Saudi Arabia, which intervened in Yemen at the head of a military coalition in 2015 after the Houthis ousted the internationally recognised government from Sanaa, has been trying to extricate itself from a costly war in which it has faced Houthi missile and drone attacks.

The head of the Houthi Supreme Political Council, Mahdi Al Mashat, said in remarks on Houthi-run media on Monday that the talks with a Omani team were positive and, departing from past rhetoric, stressed the movement's desire for regional stability.

The UN envoy said that while key elements of the initial pact were holding, continued limited military activity on front lines and "escalatory political and economic measures" could reignite violence. The deal allowed some fuel shipments into Houthi-held Hodeidah port and commercial flights from Sanaa.

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  • Always ask for the dress code if you don’t know
  • Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work 
  • Wear 100 per cent cotton under the kandura as most fabrics are polyester

Don’ts 

  • Wear hamdania for work, always wear a ghutra and agal 
  • Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying

Name: Peter Dicce

Title: Assistant dean of students and director of athletics

Favourite sport: soccer

Favourite team: Bayern Munich

Favourite player: Franz Beckenbauer

Favourite activity in Abu Dhabi: scuba diving in the Northern Emirates 

 

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Director: Jesse Armstrong

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Fixtures (all times UAE)

Saturday
Brescia v Atalanta (6pm)
Genoa v Torino (9pm)
Fiorentina v Lecce (11.45pm)

Sunday
Juventus v Sassuolo (3.30pm)
Inter Milan v SPAL (6pm)
Lazio v Udinese (6pm)
Parma v AC Milan (6pm)
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Cagliari v Sampdoria (11.45pm)

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Visit Abu Dhabi culinary team's top Emirati restaurants in Abu Dhabi

Yadoo’s House Restaurant & Cafe

For the karak and Yoodo's house platter with includes eggs, balaleet, khamir and chebab bread.

Golden Dallah

For the cappuccino, luqaimat and aseeda.

Al Mrzab Restaurant

For the shrimp murabian and Kuwaiti options including Kuwaiti machboos with kebab and spicy sauce.

Al Derwaza

For the fish hubul, regag bread, biryani and special seafood soup. 

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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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Last-16 Europa League fixtures

Wednesday (Kick-offs UAE)

FC Copenhagen (0) v Istanbul Basaksehir (1) 8.55pm

Shakhtar Donetsk (2) v Wolfsburg (1) 8.55pm

Inter Milan v Getafe (one leg only) 11pm

Manchester United (5) v LASK (0) 11pm 

Thursday

Bayer Leverkusen (3) v Rangers (1) 8.55pm

Sevilla v Roma  (one leg only)  8.55pm

FC Basel (3) v Eintracht Frankfurt (0) 11pm 

Wolves (1) Olympiakos (1) 11pm 

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Name: Yousef Al Bahar

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Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers

MATCH INFO

Uefa Champions League final:

Who: Real Madrid v Liverpool
Where: NSC Olimpiyskiy Stadium, Kiev, Ukraine
When: Saturday, May 26, 10.45pm (UAE)
TV: Match on BeIN Sports

Race 3

Produced: Salman Khan Films and Tips Films
Director: Remo D’Souza
Cast: Salman Khan, Anil Kapoor, Jacqueline Fernandez, Bobby Deol, Daisy Shah, Saqib Salem
Rating: 2.5 stars

The specs

Engine: 3.9-litre twin-turbo V8
Power: 620hp from 5,750-7,500rpm
Torque: 760Nm from 3,000-5,750rpm
Transmission: Eight-speed dual-clutch auto
On sale: Now
Price: From Dh1.05 million ($286,000)

Updated: January 17, 2023, 4:48 AM