Lebanon's President Michel Aoun and prime minister-designate Saad Hariri failed to make a breakthrough on forming a Cabinet in negotiations on Monday.
Their meeting – the 18th since Mr Hariri was tasked with forming a Cabinet last October – ended with the pair trading accusations in public.
Mr Hariri accused the president of blocking the formation of a Cabinet by seeking veto power in the government.
Mr Aoun denied this and counter-claimed that the prime minister-designate may himself be trying to thwart the formation of a Cabinet "for unknown reasons".
Speaking to reporters, Mr Hariri said he turned down incomplete Cabinet proposals the president had shared with him on Sunday because they guaranteed Mr Aoun over a third of the Cabinet seats – granting him veto power to block any Cabinet decision.
“First, it’s not the president’s job to form the Cabinet," Mr Hariri said.
"Second, our constitution clearly states that the prime minister-designate forms the Cabinet and selects the names and then discusses it with the president.”
Mr Hariri, who has insisted on the formation of a Cabinet of non-partisan experts, made public the 18-member line-up that Mr Aoun turned down more than three months ago.
“I have one aim, to put an end to the meltdown and the Lebanese people’s suffering," Mr Hariri said.
"I asked the president to listen to the Lebanese people’s agony and give the country its only and last chance through forming a Cabinet of experts that can implement reforms and halt the meltdown.”
The delay in forming the Cabinet has plunged Lebanon deeper into one of its worst financial crises since the civil war ended some 30 years ago.
Hours before the president’s meeting with Mr Hariri, French Foreign Minister Jean-Yves Le Drian said Europe “must be ready” as Lebanon edges towards collapse.
Mr Le Drian, like many Western officials, has repeatedly sounded the alarm over the worsening political and economic crises engulfing Lebanon.
But international financial support is dependent upon the country forming a Cabinet that agrees to undertake reforms.
Lebanese politicians promised French President Emanuel Macron that they would introduce reforms almost seven months ago, when he visited the country following the Beirut port explosion that killed more than 200 people, destroyed thousands of properties and toppled the government.
Now, France is considering imposing sanctions against Lebanese politicians, a French diplomatic source told The National last week.
Mr Hariri, who has vowed not to yield to pressure by Mr Aoun and his allies, said he was waiting for the president to take the necessary steps to contain the crisis.
His remarks come a few days after the leader of the Iran-backed Hezbollah, Hassan Nasrallah, a staunch ally of Mr Aoun, asked Mr Hariri in a televised speech to consider a Cabinet of both experts and politicians who could manage the crisis.
According to the constitution, Mr Aoun and Mr Hariri’s signature on the Cabinet formation decree is required before the government can seek a vote of confidence in Parliament where Hezbollah and its allies hold a majority.
COMPANY PROFILE
Name: Akeed
Based: Muscat
Launch year: 2018
Number of employees: 40
Sector: Online food delivery
Funding: Raised $3.2m since inception
What can victims do?
Always use only regulated platforms
Stop all transactions and communication on suspicion
Save all evidence (screenshots, chat logs, transaction IDs)
Report to local authorities
Warn others to prevent further harm
Courtesy: Crystal Intelligence
Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
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.
Ferrari 12Cilindri specs
Engine: naturally aspirated 6.5-liter V12
Power: 819hp
Torque: 678Nm at 7,250rpm
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The specs: 2018 Harley-Davidson Fat Boy
Price, base / as tested Dh97,600
Engine 1,745cc Milwaukee-Eight v-twin engine
Transmission Six-speed gearbox
Power 78hp @ 5,250rpm
Torque 145Nm @ 3,000rpm
Fuel economy, combined 5.0L / 100km (estimate)
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
WWE TLC results
Asuka won the SmackDown Women's title in a TLC triple threat with Becky Lynch and Charlotte Flair
Dean Ambrose won the Intercontinental title against Seth Rollins
Daniel Bryan retained the WWE World Heavyweight Championship against AJ Styles
Ronda Rousey retained the Raw Women's Championship against Nia Jax
Rey Mysterio beat Randy Orton in a chairs match
Finn Balor defeated Drew McIntyre
Natalya beat Ruby Riott in a tables match
Braun Strowman beat Baron Corbin in a TLC match
Sheamus and Cesaro retained the SmackDown Tag Titles against The Usos and New Day
R-Truth and Carmella won the Mixed Match Challenge by beating Jinder Mahal and Alicia Fox
MO
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Dhadak 2
Director: Shazia Iqbal
Starring: Siddhant Chaturvedi, Triptii Dimri
Rating: 1/5
Our legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants
The National Archives, Abu Dhabi
Founded over 50 years ago, the National Archives collects valuable historical material relating to the UAE, and is the oldest and richest archive relating to the Arabian Gulf.
Much of the material can be viewed on line at the Arabian Gulf Digital Archive - https://www.agda.ae/en
England's lowest Test innings
- 45 v Australia in Sydney, January 28, 1887
- 46 v West Indies in Port of Spain, March 25, 1994
- 51 v West Indies in Kingston, February 4, 2009
- 52 v Australia at The Oval, August 14, 1948
- 53 v Australia at Lord's, July 16, 1888
- 58 v New Zealand in Auckland, March 22, 2018