Iraqi Prime Minister Mohammed Shia Al Sudani has granted the nation's football team diplomatic passports and plots in Baghdad for winning the Arabian Gulf Cup.
Hosts Iraq were crowned champions on Thursday after a 3-2 victory over Oman at Basra International Stadium in country’s south. It is the fourth time Iraq has won the Gulf Cup since it first took place in 1970.
Mr Al Sudani threw a banquet in the team’s honour, with guests from the cabinet and the President of Kurdistan Region, Nechervan Barzani, who was in Baghdad for political discussions, was also invited.
The prime minister “hailed the national team’s victory in the tournament and their performance and sporting spirit in all their matches,” said a statement issued by his office.
“With today’s achievement, the government’s goals within its agenda for the sports sector will be reviewed and expanded in order,” it added.
The last time the biennial Gulf Cup was held in Iraq was in 1979, when the hosts were crowned champions. Iraq also won in 1984 and 1988.
The event features teams from the Gulf Co-operation Council countries — Kuwait, Saudi Arabia, Bahrain, Oman, Qatar and UAE — as well as Iraq and Yemen.
The most recent event was held in 2019 in Qatar and was won by Bahrain.
On Friday, thousands of Iraqis packed Baghdad's streets to greet the team as they travelled from Baghdad International Airport to the Grand Celebrations Square where the public victory celebrations took place.
As the Iraqi national team lifted the trophy on Thursday, Mr Al Sudani tweeted: “The cup is Iraqi. We are proud of our lions.”
In a separate statement, he said hosting of the 25th Gulf Cup would mark the beginning of a new chapter for the country.
“The Gulf Cup is a message to international sports institutions that Iraq is a safe country, that it has the capacity and capabilities enabling it to attract tournaments,” he said.
He urged football governing body Fifa to allow Iraq to play World Cup qualifiers on home soil.
“The simplest message that the international federation could give to the Iraqi fans is lifting the international ban on Iraqi stadiums,” he added.
Hosting the tournament was a strong sign of recovery after decades of war, political isolation and instability, which prompted Fifa to impose a ban on hosting international matches that was partially lifted only last year.
Iraqi fans celebrate Gulf Cup win — in pictures
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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