• Egypt's Foreign Minister Sameh Shoukry met Jordanian counterpart Ayman Safadi and Iraqi counterpart Fouad Hussein at Al Tahrir Palace AFP
    Egypt's Foreign Minister Sameh Shoukry met Jordanian counterpart Ayman Safadi and Iraqi counterpart Fouad Hussein at Al Tahrir Palace AFP
  • Egypt's Foreign Minister Sameh Shoukry met Jordanian counterpart Ayman Safadi and Iraqi counterpart Fouad Hussein at Al Tahrir Palace AFP
    Egypt's Foreign Minister Sameh Shoukry met Jordanian counterpart Ayman Safadi and Iraqi counterpart Fouad Hussein at Al Tahrir Palace AFP
  • Egyptian Foreign Minister Sameh Shoukry during Arab foreign ministers' emergency meeting in Cairo, Egypt. EPA
    Egyptian Foreign Minister Sameh Shoukry during Arab foreign ministers' emergency meeting in Cairo, Egypt. EPA
  • Arab foreign ministers discussed regional issues and reaffirmed their stance on two-state solution for ending the Palestinian-Israeli conflict. EPA
    Arab foreign ministers discussed regional issues and reaffirmed their stance on two-state solution for ending the Palestinian-Israeli conflict. EPA
  • Arab foreign ministers discussed regional issues and reaffirmed their stance on two-state solution for ending the Palestinian-Israeli conflict. EPA
    Arab foreign ministers discussed regional issues and reaffirmed their stance on two-state solution for ending the Palestinian-Israeli conflict. EPA
  • Arab foreign ministers discussed regional issues and reaffirmed their stance on two-state solution for ending the Palestinian-Israeli conflict. EPA
    Arab foreign ministers discussed regional issues and reaffirmed their stance on two-state solution for ending the Palestinian-Israeli conflict. EPA

Diary: Cairo abuzz after Arab League meeting


Hamza Hendawi
  • English
  • Arabic

The Egyptian capital on Monday was abuzz with diplomatic activity on a scale not seen since the coronavirus pandemic struck a year ago.

Foreign ministers from more than a dozen Arab states gathered in Cairo for an emergency meeting called by Egypt and Jordan.

Arab League meetings have taken place online for the past year because of the pandemic but yesterday's gathering was attended by delegates from all 22 members of the organisation, including 14 ministers.

The meeting yielded a three-page resolution that returned the Palestinian-Israeli conflict to the top of the Arab world's diplomatic agenda and served notice that the league's members would not put up with foreign interference in their affairs.

Ministers held bilateral talks. Egypt, Libya, Algeria, Palestine, Iraq and Saudi Arabia discussed issues from the Libyan conflict and Syria to security in Iraq and the war in Yemen.

Significantly, in Cairo on Monday, rival Palestinian factions met under Egypt's sponsorship to try to iron out their differences before parliamentary and presidential elections this year.

The reconciliation effort, while at an early stage, injected cautious optimism that Palestinian unity could co-ordinate efforts against the pandemic and, potentially, agree on the basis for negotiations with Israel.

Separately on Tuesday, Libyan delegates and UN officials met in Egypt's Red Sea resort city of Hurghada to discuss how to hold a referendum on a proposed constitution, part of a series of measures to find a political settlement to a decade-old conflict.

It was too early to say whether what happened in Monday's meeting at the Arab League's headquarters in Tahrir Square will be remembered as a day of lasting change.

In the past, other summits and meetings have been criticised for being long on rhetoric and short on action.

But the meeting will certainly be remembered for memorable quotations.

They reflected the anger and disappointment felt across much of the region over the long stalemate in the Middle East peace process.

Remarks from the meeting also reflected hope that the new US administration of President Joe Biden could be persuaded to embrace a less biased approach to the region’s primary conflict compared with that of former president Donald Trump.

Here are some of the most remarkable quotes made during the meeting:

"We hope and expect the American administration of Joe Biden to embrace a deep vision and better understanding of history, geography, politics and law, human nature, rationality and logic, justice and equality, reward and punishment."
Palestinian Foreign Minister Riyadh Al Malky.

"We want a peace that is both lasting and comprehensive, but occupation and peace cannot co-exist. Peace is conditional on the removal of occupation."
Jordanian Foreign Minister Ayman Safdy.

"The Palestinian question is, and will always be, at the heart of the collective Arab consciousness regardless of the stagnation and obstacles endured by the negotiation process and despite Israel's unilateral practices and settlement projects in the West Bank."
Egyptian Foreign Minister Sameh Shukry.

“There is not on the horizon a substitute formula for the two-state solution that can satisfy both the Palestinians’ aspirations for their own state and Israel’s need for security. International consensus on the two-state solution must be translated into a practical effort to save that solution from Israel’s continuing attempts to undermine or sideline it.”

Arab League Secretary-General Ahmed Abul Gheit.

“As a group under the Arab League umbrella, the Arab nations will defend their common interests and Arab national security amid the different developments and fusions on the international stage and in a way that will prevent pressure and interference by regional and international powers seeking to achieve their agendas at the expense of Arab interests.”

The resolution adopted by the ministers at the end of their meeting.

Brief scores:

Huesca 0

Real Madrid 1

Bale 8'

World record transfers

1. Kylian Mbappe - to Real Madrid in 2017/18 - €180 million (Dh770.4m - if a deal goes through)
2. Paul Pogba - to Manchester United in 2016/17 - €105m
3. Gareth Bale - to Real Madrid in 2013/14 - €101m
4. Cristiano Ronaldo - to Real Madrid in 2009/10 - €94m
5. Gonzalo Higuain - to Juventus in 2016/17 - €90m
6. Neymar - to Barcelona in 2013/14 - €88.2m
7. Romelu Lukaku - to Manchester United in 2017/18 - €84.7m
8. Luis Suarez - to Barcelona in 2014/15 - €81.72m
9. Angel di Maria - to Manchester United in 2014/15 - €75m
10. James Rodriguez - to Real Madrid in 2014/15 - €75m

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Heidi Sopinka
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RedCrow Intelligence Company Profile

Started: 2016

Founders: Hussein Nasser Eddin, Laila Akel, Tayeb Akel 

Based: Ramallah, Palestine

Sector: Technology, Security

# of staff: 13

Investment: $745,000

Investors: Palestine’s Ibtikar Fund, Abu Dhabi’s Gothams and angel investors

First Person
Richard Flanagan
Chatto & Windus 

German intelligence warnings
  • 2002: "Hezbollah supporters feared becoming a target of security services because of the effects of [9/11] ... discussions on Hezbollah policy moved from mosques into smaller circles in private homes." Supporters in Germany: 800
  • 2013: "Financial and logistical support from Germany for Hezbollah in Lebanon supports the armed struggle against Israel ... Hezbollah supporters in Germany hold back from actions that would gain publicity." Supporters in Germany: 950
  • 2023: "It must be reckoned with that Hezbollah will continue to plan terrorist actions outside the Middle East against Israel or Israeli interests." Supporters in Germany: 1,250 

Source: Federal Office for the Protection of the Constitution

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UAE currency: the story behind the money in your pockets
Remaining Fixtures

Wednesday: West Indies v Scotland
Thursday: UAE v Zimbabwe
Friday: Afghanistan v Ireland
Sunday: Final

Bundesliga fixtures

Saturday, May 16 (kick-offs UAE time)

Borussia Dortmund v Schalke (4.30pm) 

RB Leipzig v Freiburg (4.30pm) 

Hoffenheim v Hertha Berlin (4.30pm) 

Fortuna Dusseldorf v Paderborn  (4.30pm) 

Augsburg v Wolfsburg (4.30pm) 

Eintracht Frankfurt v Borussia Monchengladbach (7.30pm)

Sunday, May 17

Cologne v Mainz (4.30pm),

Union Berlin v Bayern Munich (7pm)

Monday, May 18

Werder Bremen v Bayer Leverkusen (9.30pm)

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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Director: James Cameron

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Rating: 4.5/5

ABU DHABI TRIATHLON

For more information, and to enter the race, please visit www.abudhabi.triathlon.org.

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Afghanistan squad

Gulbadin Naib (captain), Mohammad Shahzad (wicketkeeper), Noor Ali Zadran, Hazratullah Zazai, Rahmat Shah, Asghar Afghan, Hashmatullah Shahidi, Najibullah Zadran, Samiullah Shinwari, Mohammad Nabi, Rashid Khan, Dawlat Zadran, Aftab Alam, Hamid Hassan, Mujeeb Ur Rahman.

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