Mourners react during the funeral of Tamir Avichai, one of three Israelis killed in an attack by a Palestinian assailant near the Ariel settlement in the occupied West Bank. AFP
Mourners react during the funeral of Tamir Avichai, one of three Israelis killed in an attack by a Palestinian assailant near the Ariel settlement in the occupied West Bank. AFP
Mourners react during the funeral of Tamir Avichai, one of three Israelis killed in an attack by a Palestinian assailant near the Ariel settlement in the occupied West Bank. AFP
Mourners react during the funeral of Tamir Avichai, one of three Israelis killed in an attack by a Palestinian assailant near the Ariel settlement in the occupied West Bank. AFP

US 'deeply concerned' over West Bank violence as Israel swears in right-wing parliament


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The US expressed deep concern at the escalating violence in the occupied West Bank as a Palestinian killed three Israelis and was shot dead on Tuesday night.

The attack came hours before the most right-wing parliament in Israel’s history was set to be sworn in at the Knesset in Jerusalem.

The attack in the Ariel settlement industrial zone by what Israeli security said was a knife-wilding Palestinian is just the latest in a growing number that has made 2022 the bloodiest year in the occupied West Bank in nearly a decade.

Tuesday night’s attack was the worst for Israel since security forces stepped up raids across the occupied territories in March.

Israeli Knesset members during the swearing-in ceremony for the new parliament in Jerusalem. Reuters
Israeli Knesset members during the swearing-in ceremony for the new parliament in Jerusalem. Reuters

The suspected attacker was later hailed by Palestinian militant and extremist groups as a hero.

More than 125 Palestinians have been killed this year in clashes with Israeli security forces who have carried out dozens of raids on Palestinian towns.

The US State Department said on Tuesday that it was deeply concerned by the rising violence.

“We convey profound condolences to the families and loved ones of the Israeli and Palestinian civilians, including children, who have been killed in the past 48 hours,” spokesman Ned Price said.

Much of the focus of the year’s violence is on the West Bank, which Israel — in the face of foreign censure — has peppered with settlements, deeming the land a biblical birthright and security bulwark.

The Religious Zionism party, led by hardline West Bank settlers, placed third in Israel's November 1 election, making it likely to be the main partner in the next government under ex-Prime Minister Benjamin Netanyahu's conservative Likud, which won most votes.

Friends and relatives of Palestinian Fulla Al Masalma, 16, mourn during her funeral in the village of Beit Awa, west of Hebron, after she was shot during an Israeli raid. AFP
Friends and relatives of Palestinian Fulla Al Masalma, 16, mourn during her funeral in the village of Beit Awa, west of Hebron, after she was shot during an Israeli raid. AFP

“Only an iron fist will cut down terrorism,” Religious Zionism co-head Itamar Ben-Gvir tweeted about the Ariel attack. He would demand looser open-fire rules for soldiers, he added.

The rise of Mr Ben-Gvir, who has past criminal convictions for racist incitement and support for an outlawed Jewish militant group, has also stirred concern among Israel's 21 per cent Arab minority.

He says he has become more moderate and wants to be police minister. Mr Netanyahu told reporters the coalition would be agreed “soon”.

Addressing the Knesset before its 120 new members were sworn in, President Isaac Herzog said the Ariel attack “shall not succeed in rattling our might and our cohesion”.

Israeli forces stop and search Palestinian youths in the village of Haris in the occupied West Bank. AFP
Israeli forces stop and search Palestinian youths in the village of Haris in the occupied West Bank. AFP

“Our domestic arguments reflect the power of our democracy,” he said. Lawmakers must look out for “minorities who are fearful that their needs will not be on the agenda”, he added.

The Palestinian health ministry described the man shot after the Ariel rampage as an 18-year-old from a neighbouring village.

Israeli officials said he started stabbing people after entering the industrial zone, where both Israelis and Palestinians work, and rammed at least one person while trying to flee in a car.

He was licensed to work in the industrial zone and had no known militant affiliations, according to Israeli officials.

Israel blames the Palestinian Authority, which exercises limited rule in the West Bank, for failing to control militant factions such as Islamist Hamas, which controls the Gaza Strip, rejects peace with Israel and praised the Ariel attack.

The PA, deeply unpopular in the West Bank, says its hands are tied by Israel and that it cannot prevent violence against Palestinians by settlers who enjoy army protection.

Palestinians “will not accept that Israeli occupation continues forever”, PA President Mahmoud Abbas said. “We will take serious and decisive steps to protect the rights of our people and end the reckless Israeli escalation.”

UAE currency: the story behind the money in your pockets
How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

Top investing tips for UAE residents in 2021

Build an emergency fund: Make sure you have enough cash to cover six months of expenses as a buffer against unexpected problems before you begin investing, advises Steve Cronin, the founder of DeadSimpleSaving.com.

Think long-term: When you invest, you need to have a long-term mindset, so don’t worry about momentary ups and downs in the stock market.

Invest worldwide: Diversify your investments globally, ideally by way of a global stock index fund.

Is your money tied up: Avoid anything where you cannot get your money back in full within a month at any time without any penalty.

Skip past the promises: “If an investment product is offering more than 10 per cent return per year, it is either extremely risky or a scam,” Mr Cronin says.

Choose plans with low fees: Make sure that any funds you buy do not charge more than 1 per cent in fees, Mr Cronin says. “If you invest by yourself, you can easily stay below this figure.” Managed funds and commissionable investments often come with higher fees.

Be sceptical about recommendations: If someone suggests an investment to you, ask if they stand to gain, advises Mr Cronin. “If they are receiving commission, they are unlikely to recommend an investment that’s best for you.”

Get financially independent: Mr Cronin advises UAE residents to pursue financial independence. Start with a Google search and improve your knowledge via expat investing websites or Facebook groups such as SimplyFI. 

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

Conflict, drought, famine

Estimates of the number of deaths caused by the famine range from 400,000 to 1 million, according to a document prepared for the UK House of Lords in 2024.
It has been claimed that the policies of the Ethiopian government, which took control after deposing Emperor Haile Selassie in a military-led revolution in 1974, contributed to the scale of the famine.
Dr Miriam Bradley, senior lecturer in humanitarian studies at the University of Manchester, has argued that, by the early 1980s, “several government policies combined to cause, rather than prevent, a famine which lasted from 1983 to 1985. Mengistu’s government imposed Stalinist-model agricultural policies involving forced collectivisation and villagisation [relocation of communities into planned villages].
The West became aware of the catastrophe through a series of BBC News reports by journalist Michael Buerk in October 1984 describing a “biblical famine” and containing graphic images of thousands of people, including children, facing starvation.

Band Aid

Bob Geldof, singer with the Irish rock group The Boomtown Rats, formed Band Aid in response to the horrific images shown in the news broadcasts.
With Midge Ure of the band Ultravox, he wrote the hit charity single Do They Know it’s Christmas in December 1984, featuring a string of high-profile musicians.
Following the single’s success, the idea to stage a rock concert evolved.
Live Aid was a series of simultaneous concerts that took place at Wembley Stadium in London, John F Kennedy Stadium in Philadelphia, the US, and at various other venues across the world.
The combined event was broadcast to an estimated worldwide audience of 1.5 billion.

 

 

The biog

Profession: Senior sports presenter and producer

Marital status: Single

Favourite book: Al Nabi by Jibran Khalil Jibran

Favourite food: Italian and Lebanese food

Favourite football player: Cristiano Ronaldo

Languages: Arabic, French, English, Portuguese and some Spanish

Website: www.liliane-tannoury.com

The specs
  • Engine: 3.9-litre twin-turbo V8
  • Power: 640hp
  • Torque: 760nm
  • On sale: 2026
  • Price: Not announced yet
Infiniti QX80 specs

Engine: twin-turbocharged 3.5-liter V6

Power: 450hp

Torque: 700Nm

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ARGENTINA SQUAD

Goalkeepers: Franco Armani, Agustin Marchesin, Esteban Andrada
Defenders: Juan Foyth, Nicolas Otamendi, German Pezzella, Nicolas Tagliafico, Ramiro Funes Mori, Renzo Saravia, Marcos Acuna, Milton Casco
Midfielders: Leandro Paredes, Guido Rodriguez, Giovani Lo Celso, Exequiel Palacios, Roberto Pereyra, Rodrigo De Paul, Angel Di Maria
Forwards: Lionel Messi, Sergio Aguero, Lautaro Martinez, Paulo Dybala, Matias Suarez

Results

Stage Two:

1. Mark Cavendish (GBR) QuickStep-AlphaVinyl 04:20:45

2. Jasper Philipsen (BEL) Alpecin-Fenix

3. Pascal Ackermann (GER) UAE Team Emirates

4. Olav Kooij (NED) Jumbo-Visma

5. Arnaud Demare (FRA) Groupama-FDJ

General Classification:

1. Jasper Philipsen (BEL) Alpecin-Fenix 09:03:03

2. Dmitry Strakhov (RUS) Gazprom-Rusvelo 00:00:04

3. Mark Cavendish (GBR) QuickStep-AlphaVinyl 00:00:06

4. Sam Bennett (IRL) Bora-Hansgrohe 00:00:10

5. Pascal Ackermann (GER) UAE Team Emirates 00:00:12

APPLE IPAD MINI (A17 PRO)

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COMPANY PROFILE

Company: Bidzi

● Started: 2024

● Founders: Akshay Dosaj and Asif Rashid

● Based: Dubai, UAE

● Industry: M&A

● Funding size: Bootstrapped

● No of employees: Nine

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Updated: November 16, 2022, 7:19 AM