• A woman in Karachi takes part in a protest against Israel's attacks on the Palestinian Gaza Strip. AFP
    A woman in Karachi takes part in a protest against Israel's attacks on the Palestinian Gaza Strip. AFP
  • Protestors gather in Glasgow, Scotland, in solidarity with the people of Palestine amid the ongoing conflict in Gaza. Getty Images
    Protestors gather in Glasgow, Scotland, in solidarity with the people of Palestine amid the ongoing conflict in Gaza. Getty Images
  • Demonstrators in Islamabad take part in a protest against Israel's attacks on the Palestinian Gaza Strip. AFP
    Demonstrators in Islamabad take part in a protest against Israel's attacks on the Palestinian Gaza Strip. AFP
  • Thousands of Syrians and Palestinians, holding flags and posters, protest against Israel's attacks on the Palestinian Gaza Strip as they march from the Hamidiya souq towards the Umayyad Square in Damascus, Syria. EPA
    Thousands of Syrians and Palestinians, holding flags and posters, protest against Israel's attacks on the Palestinian Gaza Strip as they march from the Hamidiya souq towards the Umayyad Square in Damascus, Syria. EPA
  • A Palestinian father living in Cyprus holds up his child during a protest at Elephtheria square in the capital Nicosia. AP Photo
    A Palestinian father living in Cyprus holds up his child during a protest at Elephtheria square in the capital Nicosia. AP Photo
  • Moroccans in Rabat call for an end to the violence in Gaza. EPA
    Moroccans in Rabat call for an end to the violence in Gaza. EPA
  • Protesters demonstrate against the ongoing conflicts between Israel and Gaza in Amsterdam, the Netherlands. EPA
    Protesters demonstrate against the ongoing conflicts between Israel and Gaza in Amsterdam, the Netherlands. EPA
  • People in Chicago, Illinois, protest against the Israeli air strikes in the Gaza Strip. AFP
    People in Chicago, Illinois, protest against the Israeli air strikes in the Gaza Strip. AFP
  • People in Chicago, Illinois, protest against the Israeli air strikes in the Gaza Strip. AFP
    People in Chicago, Illinois, protest against the Israeli air strikes in the Gaza Strip. AFP
  • Demonstrators take part in a protest against Israel, in Surabaya, Indonesia. AFP
    Demonstrators take part in a protest against Israel, in Surabaya, Indonesia. AFP

Palestinians want Biden to be a ‘fair sponsor’ of peace process during visit


Nada AlTaher
  • English
  • Arabic

Lowering expectations for US President Joe Biden’s visit to the region will remove pressure on him to fulfil long-overdue promises on the Palestinian issue, said Palestinian permanent representative to the Arab League Mohannad Al Aklouk.

“Our expectations from the Biden trip and subsequent meetings with Palestinian officials is that the US exerts practical pressure on Israel to halt its illegal settlements policy — building and expansion — and sets the stage for a fair political process based on international law and UN resolutions,” Mr Aklouk told The National.

“Substantially, we want the US administration to meet its role as a fair sponsor of the peace process in the Middle East as part of the relative international quartet and to avoid practising double-standard criteria in this regard.”

Mr Biden’s regional tour, which begins on Wednesday, will include Saudi Arabia, Israel and Palestine.

Ghaith Al Omari, a senior fellow at the Washington Institute for Near East Policy who specialises in Palestinian-Israeli affairs, said Mr Biden’s trip will be mostly symbolic, despite Palestinian ambitions for the meeting. But Mr Aklouk disagreed.

“Having little or no expectations from the trip will alleviate the pressure that the Biden administration should feel to follow through on campaign promises it made on the Palestinian issue,” Mr Aklouk said.

Israelis swim near the Jewish settlement of Givat Ze'ev in the West Bank, north of Jerusalem. EPA
Israelis swim near the Jewish settlement of Givat Ze'ev in the West Bank, north of Jerusalem. EPA

Before taking office in January 2021, Mr Biden touted forming closer ties with the Palestinians as well as creating “policies grounded in a commitment to a two-state solution”.

Under former president Donald Trump, the US heightened its historic support towards Israel, opening an embassy in Jerusalem and cementing Israel’s self-proclaimed right to the city as its capital.

Mr Trump also closed down Palestinian Liberation Organisation (PLO) offices in Washington, declaring the group a foreign terrorist organisation, and severely cut aid to the UN refugee agency that oversees millions of displaced Palestinians.

“The PLO is the sole and legitimate representative of the Palestinian people, even by Israel’s own admission; and in this context, we expect the reopening of the PLO Representative Office in Washington,” Mr Aklouk said.

So far, Mr Biden has yet to follow through on one of the key promises he made during his campaign: reopening the US consulate in East Jerusalem.

“We are still waiting for the US consulate general in East Jerusalem to reopen to take charge of US-Palestinian relations — and we are well aware, that the Israeli previous government had refused to facilitate this operation, but we think there’s a good chance to talk about this issue with the current Israeli caretaker government,” Mr Aklouk said.

Mr Omari, however, does not believe that any major moves or announcements will be made during the visit beyond standard statements calling for peace and a two-state solution.

“The trip is intended to send a signal that the US remains committed to its traditional positions. So, President Biden will likely reiterate commitment to a two-state solution and the rejection of unilateral actions,” he said.

“Some humanitarian gestures might be announced. These steps are useful, but there won’t be a political initiative or major developments on Palestinian-American relations due to US domestic policy and legal reasons.”

These include US sensitivities towards Israel’s own turbulent political scene, as the fifth round of parliamentary elections in less than four years has been called after a coalition government under former prime minister Naftali Bennet collapsed.

Yair Lapid, who had been serving as foreign minister, has taken Mr Bennet’s place in a caretaker role.

“There are some decisions that an acting prime minister isn’t able to make, but he is fully empowered to represent the country in diplomatic protocols,” said former US ambassador to Israel Daniel Shapiro, who is now a distinguished fellow at the Atlantic Council.

Like the US president, Mr Lapid also supports a two-state solution, a position his predecessor — Mr Bennet — notoriously opposed.

“The US administration sees see any high-level engagement in the Palestinian issue as wasted political capital. As a result, the focus is likely to be on other issues like Iran, the Abraham Accords and the situation in Ukraine,” Mr Omari said.

At any rate, Mr Aklouk said time is not on the side of a two-state solution.

“We do not want to go through an endless political peace process, as we are in now, since the 1991 talks in Madrid. We want a specific time frame to end the Israeli prolonged occupation and to achieve Palestinian inalienable rights, according to international law,” he said.

“We are waiting for the current US administration to take real, concrete steps with deadlines.”

Benefits of first-time home buyers' scheme
  • Priority access to new homes from participating developers
  • Discounts on sales price of off-plan units
  • Flexible payment plans from developers
  • Mortgages with better interest rates, faster approval times and reduced fees
  • DLD registration fee can be paid through banks or credit cards at zero interest rates

Baby Driver

Director: Edgar Wright

Starring: Ansel Elgort, Kevin Spacey, Jamie Foxx, Lily James

Three and a half stars

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 
COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%3A%3C%2Fstrong%3E%20Eco%20Way%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%20December%202023%3Cbr%3E%3Cstrong%3EFounder%3A%3C%2Fstrong%3E%20Ivan%20Kroshnyi%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%2C%20UAE%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Electric%20vehicles%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Bootstrapped%20with%20undisclosed%20funding.%20Looking%20to%20raise%20funds%20from%20outside%3Cbr%3E%3C%2Fp%3E%0A
The President's Cake

Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

Who was Alfred Nobel?

The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.

  • In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
  • Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
  • Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
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

Our family matters legal consultant

Name: Hassan Mohsen Elhais

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

MATCH INFO

Syria v Australia
2018 World Cup qualifying: Asia fourth round play-off first leg
Venue: Hang Jebat Stadium (Malacca, Malayisa)
Kick-off: Thursday, 4.30pm (UAE)
Watch: beIN Sports HD

* Second leg in Australia scheduled for October 10

The Settlers

Director: Louis Theroux

Starring: Daniella Weiss, Ari Abramowitz

Rating: 5/5

Essentials
The flights

Return flights from Dubai to Windhoek, with a combination of Emirates and Air Namibia, cost from US$790 (Dh2,902) via Johannesburg.
The trip
A 10-day self-drive in Namibia staying at a combination of the safari camps mentioned – Okonjima AfriCat, Little Kulala, Desert Rhino/Damaraland, Ongava – costs from $7,000 (Dh25,711) per person, including car hire (Toyota 4x4 or similar), but excluding international flights, with The Luxury Safari Company.
When to go
The cooler winter months, from June to September, are best, especially for game viewing. 

Our legal consultant

Name: Hassan Mohsen Elhais

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

THE BIO

Bio Box

Role Model: Sheikh Zayed, God bless his soul

Favorite book: Zayed Biography of the leader

Favorite quote: To be or not to be, that is the question, from William Shakespeare's Hamlet

Favorite food: seafood

Favorite place to travel: Lebanon

Favorite movie: Braveheart

Tearful appearance

Chancellor Rachel Reeves set markets on edge as she appeared visibly distraught in parliament on Wednesday. 

Legislative setbacks for the government have blown a new hole in the budgetary calculations at a time when the deficit is stubbornly large and the economy is struggling to grow. 

She appeared with Keir Starmer on Thursday and the pair embraced, but he had failed to give her his backing as she cried a day earlier.

A spokesman said her upset demeanour was due to a personal matter.

A%20QUIET%20PLACE
%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Lupita%20Nyong'o%2C%20Joseph%20Quinn%2C%20Djimon%20Hounsou%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EMichael%20Sarnoski%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A

 

 

Manchester City 4
Otamendi (52) Sterling (59) Stones (67) Brahim Diaz (81)

Real Madrid 1
Oscar (90)

The biog

Alwyn Stephen says much of his success is a result of taking an educated chance on business decisions.

His advice to anyone starting out in business is to have no fear as life is about taking on challenges.

“If you have the ambition and dream of something, follow that dream, be positive, determined and set goals.

"Nothing and no-one can stop you from succeeding with the right work application, and a little bit of luck along the way.”

Mr Stephen sells his luxury fragrances at selected perfumeries around the UAE, including the House of Niche Boutique in Al Seef.

He relaxes by spending time with his family at home, and enjoying his wife’s India cooking. 

It Was Just an Accident

Director: Jafar Panahi

Stars: Vahid Mobasseri, Mariam Afshari, Ebrahim Azizi, Hadis Pakbaten, Majid Panahi, Mohamad Ali Elyasmehr

Rating: 4/5

THE SPECS

Engine: 3.5-litre supercharged V6

Power: 416hp at 7,000rpm

Torque: 410Nm at 3,500rpm

Transmission: 6-speed manual

Fuel consumption: 10.2 l/100km

Price: Dh375,000 

On sale: now 

Company Fact Box

Company name/date started: Abwaab Technologies / September 2019

Founders: Hamdi Tabbaa, co-founder and CEO. Hussein Alsarabi, co-founder and CTO

Based: Amman, Jordan

Sector: Education Technology

Size (employees/revenue): Total team size: 65. Full-time employees: 25. Revenue undisclosed

Stage: early-stage startup 

Investors: Adam Tech Ventures, Endure Capital, Equitrust, the World Bank-backed Innovative Startups SMEs Fund, a London investment fund, a number of former and current executives from Uber and Netflix, among others.

UAE central contracts

Full time contracts

Rohan Mustafa, Ahmed Raza, Mohammed Usman, Chirag Suri, Mohammed Boota, Sultan Ahmed, Zahoor Khan, Junaid Siddique, Waheed Ahmed, Zawar Farid

Part time contracts

Aryan Lakra, Ansh Tandon, Karthik Meiyappan, Rahul Bhatia, Alishan Sharafu, CP Rizwaan, Basil Hameed, Matiullah, Fahad Nawaz, Sanchit Sharma

What is blockchain?

Blockchain is a form of distributed ledger technology, a digital system in which data is recorded across multiple places at the same time. Unlike traditional databases, DLTs have no central administrator or centralised data storage. They are transparent because the data is visible and, because they are automatically replicated and impossible to be tampered with, they are secure.

The main difference between blockchain and other forms of DLT is the way data is stored as ‘blocks’ – new transactions are added to the existing ‘chain’ of past transactions, hence the name ‘blockchain’. It is impossible to delete or modify information on the chain due to the replication of blocks across various locations.

Blockchain is mostly associated with cryptocurrency Bitcoin. Due to the inability to tamper with transactions, advocates say this makes the currency more secure and safer than traditional systems. It is maintained by a network of people referred to as ‘miners’, who receive rewards for solving complex mathematical equations that enable transactions to go through.

However, one of the major problems that has come to light has been the presence of illicit material buried in the Bitcoin blockchain, linking it to the dark web.

Other blockchain platforms can offer things like smart contracts, which are automatically implemented when specific conditions from all interested parties are reached, cutting the time involved and the risk of mistakes. Another use could be storing medical records, as patients can be confident their information cannot be changed. The technology can also be used in supply chains, voting and has the potential to used for storing property records.

MOUNTAINHEAD REVIEW

Starring: Ramy Youssef, Steve Carell, Jason Schwartzman

Director: Jesse Armstrong

Rating: 3.5/5

Results

6.30pm Madjani Stakes Rated Conditions (PA) I Dh160,000 1,900m I Winner: Mawahib, Tadhg O’Shea (jockey), Eric Lemartinel (trainer)

7.05pm Maiden Dh150,000 1,400m I Winner One Season, Antonio Fresu, Satish Seemar

7.40pm: Maiden Dh150,000 2,000m I Winner Street Of Dreams, Pat Dobbs, Doug Watson

8.15pm Dubai Creek Listed Dh250,000 1,600m I Winner Heavy Metal, Royston Ffrench, Salem bin Ghadayer

8.50pm The Entisar Listed Dh250,000 2,000m I Winner Etijaah, Dane O’Neill, Doug Watson

9.25pm The Garhoud Listed Dh250,000 1,200m Winner Muarrab, Dane O’Neill, Ali Rashid Al Raihe

10pm Handicap Dh160,000 1,600m Winner Sea Skimmer, Patrick Cosgrave, Helal Al Alawi

Specs

Engine: Dual-motor all-wheel-drive electric

Range: Up to 610km

Power: 905hp

Torque: 985Nm

Price: From Dh439,000

Available: Now

 

 

The specs

Engine: 2.0-litre 4cyl turbo

Power: 261hp at 5,500rpm

Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

Fuel consumption: 6.9L/100km

On sale: Now

Price: From Dh117,059

GAC GS8 Specs

Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

Torque: 400Nm at 1,750-4,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

On sale: Now

Price: From Dh149,900

Updated: July 13, 2022, 1:43 PM