Egyptian archaeologists have, after extensive restoration efforts, re-erected the top part of one of two obelisks dedicated to Queen Hatshepsut at Luxor’s famed Karnak Temple.
Built in 1457 BC, the obelisk, which had collapsed following an earthquake in antiquity, was re-erected in its original location on Saturday night, said a statement from the antiquities ministry.
One of two obelisks bearing the name of the ancient queen at Karnak, it was carved out of one single slab of pink granite. The upper part of the obelisk, the only intact fragment of it following the earthquake, weighs 90 tonnes and is 11 metres tall.
The top part had been moved from its original location in the early 20th century by French Egyptologist Georges Lagrain to make way for the large-scale excavations taking place in Karnak at the time.
It was then laid down on its side by Legrain’s team beside Karnak’s artificial sacred lake, one of the main attractions of the famed temple.
The decision to re-erect the obelisk in its original location came after researchers from Egypt’s Supreme Council of Antiquities determined that it was under threat of further damage, said the antiquities ministry’s statement.
Hatshepsut’s other obelisk is still standing in Karnak, measuring around 30 metres in length and weighing 343 tonnes. It is currently the tallest standing obelisk in Egypt.
Because of the size and value of the fallen obelisk, the ministry co-operated with the Engineering Authority of the Armed Forces which provided the necessary equipment to carry out the task safely.
Carved on the sides of the re-erected obelisk are scenes depicting Hatshepsut, ancient Egypt’s second confirmed female pharaoh, and her relationship with the god Amun, one of the most important deities of the New Kingdom.
Hatshepsut was famously devout, having donated a great deal of funds to the priests of Amun, an influential religious group in ancient Egypt, who in turn offered her the necessary support to ascend to the Egyptian throne over her stepson Thutmose III who would lead an uprising against her upon reaching adulthood.
The fallen obelisk is believed by most Egyptologists to have also been 30 metres tall before it was brought down by the earthquake. Fragments of the original structure are said to have been sold to various foreign museums, including the Museum of Fine Arts in Boston, US, and the Nicholson Museum in The University of Sydney, Australia.
Its re-erection is one of a number of restoration projects being carried out at Luxor’s varied pharaonic sites, in a bid to drum up more tourism to the Nile-side city.
Last year, the ministry inaugurated the Avenue of the Sphinxes, a processional road that connects two of the city’s most prominent temples, Karnak and Luxor.
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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
European arms
Known EU weapons transfers to Ukraine since the war began: Germany 1,000 anti-tank weapons and 500 Stinger surface-to-air missiles. Luxembourg 100 NLAW anti-tank weapons, jeeps and 15 military tents as well as air transport capacity. Belgium 2,000 machine guns, 3,800 tons of fuel. Netherlands 200 Stinger missiles. Poland 100 mortars, 8 drones, Javelin anti-tank weapons, Grot assault rifles, munitions. Slovakia 12,000 pieces of artillery ammunition, 10 million litres of fuel, 2.4 million litres of aviation fuel and 2 Bozena de-mining systems. Estonia Javelin anti-tank weapons. Latvia Stinger surface to air missiles. Czech Republic machine guns, assault rifles, other light weapons and ammunition worth $8.57 million.
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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
Francesco Totti's bio
Born September 27, 1976
Position Attacking midifelder
Clubs played for (1) - Roma
Total seasons 24
First season 1992/93
Last season 2016/17
Appearances 786
Goals 307
Titles (5) - Serie A 1; Italian Cup 2; Italian Supercup 2
EXPATS
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COMPANY PROFILE
Name: Lamsa
Founder: Badr Ward
Launched: 2014
Employees: 60
Based: Abu Dhabi
Sector: EdTech
Funding to date: $15 million
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