• An electoral worker sits next to ballot boxes, at the Justice Palace, in Jdeideh. Reuters
    An electoral worker sits next to ballot boxes, at the Justice Palace, in Jdeideh. Reuters
  • A soldier stands guard as ballots are counted at the Justice Palace. Reuters
    A soldier stands guard as ballots are counted at the Justice Palace. Reuters
  • Jad Ghosn, an opposition candidate, gestures as people wait for the announcement of official election results, in Jdeideh. Reuters
    Jad Ghosn, an opposition candidate, gestures as people wait for the announcement of official election results, in Jdeideh. Reuters
  • Lebanese Interior Minister Bassam Mawlawi announces the final results for some districts. EPA
    Lebanese Interior Minister Bassam Mawlawi announces the final results for some districts. EPA
  • Opposition candidate Yassin Yassin gestures as he is greeted by supporters in Jeb Jennin, West Bekaa. Reuters
    Opposition candidate Yassin Yassin gestures as he is greeted by supporters in Jeb Jennin, West Bekaa. Reuters
  • Supporters of the Lebanese Forces take to the streets during parliamentary elections in the Ashrafieh district of Beirut. Bloomberg
    Supporters of the Lebanese Forces take to the streets during parliamentary elections in the Ashrafieh district of Beirut. Bloomberg
  • Lebanon headed to the polls with its economy in the grip of hyperinflation. Bloomberg
    Lebanon headed to the polls with its economy in the grip of hyperinflation. Bloomberg
  • Lebanese youths supporting Hezbollah and Amal movement wave their party flags after parliamentary elections in a suburb of Beirut. EPA
    Lebanese youths supporting Hezbollah and Amal movement wave their party flags after parliamentary elections in a suburb of Beirut. EPA
  • Supporters of Lebanon's Shiite groups Hezbollah and Amal lift their flags during a motorbike rally after voting. AFP
    Supporters of Lebanon's Shiite groups Hezbollah and Amal lift their flags during a motorbike rally after voting. AFP
  • Children swim in an inflatable pool that supporters of former prime minister Saad Hariri installed to illustrate their intention to boycott parliamentary elections in Beirut, Lebanon. AP Photo
    Children swim in an inflatable pool that supporters of former prime minister Saad Hariri installed to illustrate their intention to boycott parliamentary elections in Beirut, Lebanon. AP Photo
  • Voters queue to place their vote in parliamentary elections in Beirut, Lebanon. EPA
    Voters queue to place their vote in parliamentary elections in Beirut, Lebanon. EPA
  • Nabih Berri, Speaker of the Lebanese Parliament, stands in a polling booth to vote in Tebnin. Reuters
    Nabih Berri, Speaker of the Lebanese Parliament, stands in a polling booth to vote in Tebnin. Reuters
  • Voters register at a polling station in Beirut. Bloomberg
    Voters register at a polling station in Beirut. Bloomberg
  • In this photo released by Lebanon's official government photographer Dalati Nohra, Lebanese President Michel Aoun, follows the parliamentary elections on screens from the presidency palace in Beirut, Lebanon, Sunday, May 15, 2022. (Dalati Nohra via AP)
    In this photo released by Lebanon's official government photographer Dalati Nohra, Lebanese President Michel Aoun, follows the parliamentary elections on screens from the presidency palace in Beirut, Lebanon, Sunday, May 15, 2022. (Dalati Nohra via AP)
  • A Lebanese woman shows her inked finger after she cast her vote at a polling station in Beirut. AP
    A Lebanese woman shows her inked finger after she cast her vote at a polling station in Beirut. AP
  • Voters look at a list of candidates at a polling station in Beirut. Bloomberg
    Voters look at a list of candidates at a polling station in Beirut. Bloomberg
  • Lebanese policemen help a voter into a polling station in Beirut. AP
    Lebanese policemen help a voter into a polling station in Beirut. AP
  • A Lebanese voter casts her ballot paper in Beirut. EPA
    A Lebanese voter casts her ballot paper in Beirut. EPA
  • Gyorgy Holvenyi (R), chief observer of the European Union election observation mission, visits a polling station in Beirut. EPA
    Gyorgy Holvenyi (R), chief observer of the European Union election observation mission, visits a polling station in Beirut. EPA
  • Lebanese people wait to vote during parliamentary elections in the capital city. EPA
    Lebanese people wait to vote during parliamentary elections in the capital city. EPA
  • Sheikh Abdul Latif Derian, Grand Mufti of Lebanon, casts his ballot paper during parliamentary elections in Beirut. EPA
    Sheikh Abdul Latif Derian, Grand Mufti of Lebanon, casts his ballot paper during parliamentary elections in Beirut. EPA
  • People queue to cast their votes in the Lebanese capital. AP
    People queue to cast their votes in the Lebanese capital. AP
  • Posters in Al Tariq Al Jadida, Beirut, depict Lebanon’s former prime minister Saad Hariri. Reuters
    Posters in Al Tariq Al Jadida, Beirut, depict Lebanon’s former prime minister Saad Hariri. Reuters
  • A woman prepares her ballot at a polling station in a southern suburb of Beirut. AFP
    A woman prepares her ballot at a polling station in a southern suburb of Beirut. AFP
  • Former prime minister Hassan Diab, who succeeded Saad Hariri, casts his ballot in Beirut. AFP
    Former prime minister Hassan Diab, who succeeded Saad Hariri, casts his ballot in Beirut. AFP
  • A voter checks lists for the parliamentary election at a polling station in the Lebanese capital Beirut. AFP
    A voter checks lists for the parliamentary election at a polling station in the Lebanese capital Beirut. AFP
  • A woman waits to vote in Beirut. EPA
    A woman waits to vote in Beirut. EPA
  • Security forces stand guard at Nur Square on the southern entrance of the northern Lebanese port city Tripoli. AFP
    Security forces stand guard at Nur Square on the southern entrance of the northern Lebanese port city Tripoli. AFP
  • Former Lebanese prime minister Fouad Siniora casts his vote at a polling station during the parliamentary election, in Sidon, southern Lebanon. Reuters
    Former Lebanese prime minister Fouad Siniora casts his vote at a polling station during the parliamentary election, in Sidon, southern Lebanon. Reuters
  • A man check voters' lists in the capital Beirut. AP
    A man check voters' lists in the capital Beirut. AP
  • A woman votes in Lebanon's parliamentary elections in Beirut. AP
    A woman votes in Lebanon's parliamentary elections in Beirut. AP
  • Police check the ID of voters outside a polling station near the Lebanese coastal city of Byblos (Jbeil), north of Beirut. AFP
    Police check the ID of voters outside a polling station near the Lebanese coastal city of Byblos (Jbeil), north of Beirut. AFP
  • A voter dips her finger in ink after casting her ballot in the parliamentary election at a polling station near Byblos. AFP
    A voter dips her finger in ink after casting her ballot in the parliamentary election at a polling station near Byblos. AFP
  • A Lebanese woman shows her ink-marked thumb after voting in Shmustar, Bekaa valley. EPA
    A Lebanese woman shows her ink-marked thumb after voting in Shmustar, Bekaa valley. EPA
  • People queueing to vote at Ras El Nabeh Public School for Girls. Fatima Al Mahmoud/ The National
    People queueing to vote at Ras El Nabeh Public School for Girls. Fatima Al Mahmoud/ The National

Lebanon to start talks for new prime minister on June 23


Sunniva Rose
  • English
  • Arabic

Binding consultations with members of Lebanon's recently elected parliament to nominate a new prime minister are set to start on June 23, the presidency said on Wednesday.

Consultations with Lebanon’s 128 MPs will take place at the president's Baabda Palace outside Beirut.

President Michel Aoun is scheduled to start with a mid-morning one-on-one meeting with Deputy Parliament Speaker Elias Abou Saab, Baabda said.

Mr Aoun will then spend fifteen minutes with each of the parliament’s 13 political blocs where representatives of each bloc will put forward their nominations.

The new prime minister will be selected based on the consensus of these nominations and must then form a government, a process that often takes months.

Analysts previously told The National that they expect caretaker prime minister Najib Mikati to be chosen again.

A three-time prime minister who made a fortune in the telecom sector, Mr Mikati is a consensual figure who reputedly enjoys good relations with most political parties.

Mr Mikati's main rival, also several-time prime minister Saad Hariri, announced his withdrawal from political life on January 22 and declined to run in May’s parliamentary election.

Lebanon's sectarian power-sharing system dictates that the prime minister must be a Sunni Muslim, the President a Maronite Christian and the Parliament speaker Shiite Muslim.

Lebanon needs a new government to push forward difficult reforms requested by the IMF for a bail-out.

The country's political class has been unable to address its worsening economic crisis which started in 2019 and has pushed nearly three-quarters of the population into poverty.

The Orwell Prize for Political Writing

Twelve books were longlisted for The Orwell Prize for Political Writing. The non-fiction works cover various themes from education, gender bias, and the environment to surveillance and political power. Some of the books that made it to the non-fiction longlist include: 

  • Appeasing Hitler: Chamberlain, Churchill and the Road to War by Tim Bouverie
  • Some Kids I Taught and What They Taught Me by Kate Clanchy
  • Invisible Women: Exposing Data Bias in a World Designed for Men by Caroline Criado Perez
  • Follow Me, Akhi: The Online World of British Muslims by Hussein Kesvani
  • Guest House for Young Widows: Among the Women of ISIS by Azadeh Moaveni
Selected fixtures

All times UAE

Wednesday
Poland v Portugal 10.45pm
Russia v Sweden 10.45pm

Friday
Belgium v Switzerland 10.45pm
Croatia v England 10.45pm

Saturday
Netherlands v Germany 10.45pm
Rep of Ireland v Denmark 10.45pm

Sunday
Poland v Italy 10.45pm

Monday
Spain v England 10.45pm

Tuesday
France v Germany 10.45pm
Rep of Ireland v Wales 10.45pm

APPLE IPAD MINI (A17 PRO)

Display: 21cm Liquid Retina Display, 2266 x 1488, 326ppi, 500 nits

Chip: Apple A17 Pro, 6-core CPU, 5-core GPU, 16-core Neural Engine

Storage: 128/256/512GB

Main camera: 12MP wide, f/1.8, digital zoom up to 5x, Smart HDR 4

Front camera: 12MP ultra-wide, f/2.4, Smart HDR 4, full-HD @ 25/30/60fps

Biometrics: Touch ID, Face ID

Colours: Blue, purple, space grey, starlight

In the box: iPad mini, USB-C cable, 20W USB-C power adapter

Price: From Dh2,099

India Test squad

Virat Kohli (c), Mayank Agarwal, Rohit Sharma, Cheteshwar Pujara, Ajinkya Rahane, Hanuma Vihari, Rishabh Pant (wk), Wriddhiman Saha (wk), Ravichandran Ashwin, Ravindra Jadeja, Kuldeep Yadav, Mohammed Shami, Umesh Yadav, Ishant Sharma, Shubman Gill

In 2018, the ICRC received 27,756 trace requests in the Middle East alone. The global total was 45,507.

 

There are 139,018 global trace requests that have not been resolved yet, 55,672 of these are in the Middle East region.

 

More than 540,000 individuals approached the ICRC in the Middle East asking to be reunited with missing loved ones in 2018.

 

The total figure for the entire world was 654,000 in 2018.

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Revibe%20%0D%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202022%0D%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Hamza%20Iraqui%20and%20Abdessamad%20Ben%20Zakour%20%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20UAE%20%0D%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Refurbished%20electronics%20%0D%3Cbr%3E%3Cstrong%3EFunds%20raised%20so%20far%3A%3C%2Fstrong%3E%20%2410m%20%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EFlat6Labs%2C%20Resonance%20and%20various%20others%0D%3C%2Fp%3E%0A
Labour dispute

The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


- Abdullah Ishnaneh, Partner, BSA Law 

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

The%20Specs%20
%3Cp%3E%3Cstrong%3ELamborghini%20LM002%3C%2Fstrong%3E%3Cbr%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%205.2-litre%20V12%3Cbr%3E%3Cstrong%3EPower%3A%3C%2Fstrong%3E%20450hp%20at%206%2C800rpm%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E500Nm%20at%204%2C500rpm%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3EFive-speed%20manual%3Cbr%3E%3Cstrong%3E0-100kph%3A%3C%2Fstrong%3E%209%20seconds%20(approx)%3Cbr%3E%3Cstrong%3ETop%20speed%3A%3C%2Fstrong%3E%20210kph%20(approx)%3Cbr%3E%3Cstrong%3EYears%20built%3A%3C%2Fstrong%3E%201986-93%3Cbr%3E%3Cstrong%3ETotal%20vehicles%20built%3A%3C%2Fstrong%3E%20328%3Cbr%3E%3Cstrong%3EValue%20today%3A%3C%2Fstrong%3E%20%24300%2C000%2B%3Cbr%3E%3C%2Fp%3E%0A
Updated: June 15, 2022, 2:35 PM