Prime Minister-designate Najib Mikati formed a government of 24 ministers on Friday, exactly one year after his predecessor Hassan Diab resigned in the wake of a deadly blast at Beirut port.
The past year has been marred by political wrangling between Lebanon's sectarian political parties, which have been widely accused of prioritising their interests over the population's.
The country's worst economic crisis, which came to a head in late 2019, stems from decades of corruption in the state and unsustainable financing. The local currency has lost more than 90 per cent of its value and the UN believes about 80 per cent of the population lives in poverty.
The Cabinet includes 12 Christians and 12 Muslims in line with Lebanon's sectarian politics. The Prime Minister is always Sunni Muslim, the President Christian Maronite, and the Parliament Speaker Shiite Muslim. There is only one woman among the ministers.
Lebanon's new Cabinet
Prime Minister: Najib Mikati
Head of his own political party, the Azm Movement
Two-time Prime Minister Najib Mikati is one of Lebanon’s most successful businessmen. Forbes estimates Mr Mikati’s fortune to reach $2.9 billion.
He was picked on July 26 to form a Cabinet after veteran politician Saad Hariri stepped down on July 16, months after diplomat Mustapha Adib also failed to form a government on September 26.
Mr Mikati has previously said he would seek to restart negotiations with the IMF once his government was formed. In his speech on Friday, he vowed to hold next year’s elections on time and promised a “governmental plan to rescue the country”.
Deputy Prime Minister: Saadeh Al Shami
Chosen by: the Syrian Social Nationalist Party
Mr Al Shami was Middle East technical assistance regional office director at the IMF from 2008 to 2013 and worked at the IMF for around two decades, an IMF spokesperson told The National.
Additionally, Lebanese newspaper Al Akhbar previously reported that Mr Al Shami served for five years as the chairman of the Lebanon's Capital Markets Authority.
Foreign Minister: Abdallah Bou Habib
Chosen by: Najib Mikati / former PM Saad Hariri, close to President Michel Aoun
A former World Bank economist with a doctorate in economics from Vanderbilt University in Nashville, Tennessee, Mr Bou Habib served as Lebanon’s ambassador to Washington between 1983 and 1990 - when President Ronald Reagan elected to withdraw US Marines from the country - Lebanon's state-run National News Agency said.
Mr Bou Habib returned to the World Bank in 1992 as an adviser to the head of the MENA regional communications department.
Mr Bou Habib founded the Issam Fares Institute in 2007, a Beirut based think tank. He also headed the office of former deputy prime minister Issam Fares, with whom he was very close.
Interior Minister: Bassam Mawlawi
Chosen by: former PM Saad Hariri
Mr Mawla was a judge of the Chamber of First Instance in Beirut before heading the North Lebanon criminal court, the NNA said.
Defence Minister: Maurice Salem
Chosen by: President Michel Aoun
Born in the town of Kfarshima south-east of Beirut in 1954, Mr Salem joined the military college in 1972, eventually graduating into the artillery corps at the rank of lieutenant, said the NNA.
His final position in the army was Head of Military medicine, until his retirement at the rank of brigadier in 2012. His time in the military included a period of study at the US staff college at Fort Leavenworth.
Finance Minister: Youssef Khalil
Chosen by: Parliament Speaker Nabih Berri, head of political party the Amal Movement
Mr Khalil is the director of the Lebanese central bank’s Financial Operations Department. The website of the Lebanese microfinance association, over which he presides, says that he obtained a doctorate in France from the Centre of Studies and Research in International Development and joined the central bank in 1982 as an economist.
Justice Minister: Henry Khoury
Chosen by: President Michel Aoun
A retired judge, Mr Khoury is the former head of the State Shura Council, Lebanese radio station Voix du Liban said.
Economy Minister: Amin Salam
Chosen by: Najib Mikati
Mr Salam is a corporate lawyer and economist with a degree in leadership and management from the Harvard Kennedy School, the NNA said. He is a former vice-president for business development of the National-US Arab Chamber of Commerce.
Health Minister: Firass Abiad
Chosen by: Saad Hariri
A gastrointestinal surgeon, Mr Abiad has been the chairman of the board of directors of Lebanon’s largest hospital, the Rafic Hariri Hospital, since 2015. Mr Abiad studied at the American University of Beirut, where he obtained an MBA in 2013.
Mr Abiad shot into public consciousness as the face of Lebanon’s response to the coronavirus pandemic.
A recent profile in Slate magazine called him “Lebanon’s version of Anthony Fauci: a medical professional who offers data-driven assessments of the course of the pandemic at a time when many government officials seem asleep at the wheel”.
Environment Minister: Nasser Yassin
Chosen by: Saad Hariri
Mr Yassin is the current director of the crisis observatory at the American University of Beirut. The NNA said he obtained a doctorate in planning sciences from University College London in 2008 and directed the Issam Fares Foundation for public policy and international relations at AUB from 2019-2020.
Public Works and Transport Minister: Ali Hamieh
Chosen by: Hezbollah
Born in the village of Taraya in east Lebanon in 1977, Mr Hamieh holds a PhD in electronics and optical communications from the University of Western Brittany in France, the NNA said. He is a lecturer at a number of local universities.
Agriculture Minister: Abbas Al Hajj Hassan
Chosen by: Amal Movement
Born in 1975 in the town of Chaat in the region of Baalbek, Mr Hajj Hassan is a former journalist who previously worked at France 24 in Paris. He studied law and political science in France, the NNA said.
Labour Minister: Moustafa Bayram
Chosen by: Hezbollah
Mr Bayram has a diploma in public law, and a master's degree in financial law from the Islamic University, the NNA said. Born in 1972, he was appointed head legal observer in the audit department of the Council of Ministers in 1998.
Education Minister: Abbas Halabi
Chosen by: Walid Joumblatt, head of the Progressive Socialist Party
Mr Halabi’s biography states that he is a former judge and vice-chairman of the board of directors and legal counsel at Lebanese bank BBAC and holds a degree in French and Lebanese Law from Saint Joseph University in Beirut. He is vice-president of the Lebanese National Commission for Unesco.
Minister of the Displaced: Issam Sharafeddine
Chosen by: Talal Arslan, head of the Lebanese Democratic Party
Born in the town of Aley in 1954, Mr Sharafeddine is a trained pharmacist who branched out into the business world in the 1990s when he started producing soaps, cosmetics and cleaning products, the NNA said.
He is a co-founder of beauty company Sharafeddine Industrial Laboratories and an adviser to Druze politician Talal Arslan, an opponent to Lebanon’s veteran Druze leader Walid Joumblatt, since 1991.
Information Minister: George Qordahi
Chosen by: Christian political party Marada
Born in 1950, Mr Qordahi, a prominent TV personnality, holds a bachelor’s degree in law and political science from the Lebanese University, the NNA said. He worked as a journalist for MBC FM Radio in London and Lebanese television channel LBC. He has been awarded the title of Goodwill Ambassador for the United Nations Environment Organisation.
Social Affairs: Hector Hajjar
Chosen by: President Michel Aoun
Born in 1965, Mr Hajjar holds a doctorate in dentistry from the Lebanese University, the NNA said. He has worked in NGOs including Caritas and Risala Assalam, which supports people with special needs.
Energy Minister: Walid Fayyad
Chosen by: President Michel Aoun
Mr Fayyad holds a master's in civil and environmental engineering from MIT, the NNA said. He has been managing director of the MENA division at international consulting firm Partners in Performance since 2019.
Tourism Minister: Walid Nassar
Chosen by: President Michel Aoun
Born in the coastal town of Jbeil in 1968, Mr Nassar studied engineering at Beirut’s Saint Joseph University. The NNA describes him as a “founder of several companies in Lebanon and Saudi Arabia in the fields of engineering, contracting and project management”.
He recently worked as a consultant for Lebanon’s participation in the Expo 2020 Dubai.
Administrative Development: Najla Riachi
Independent
Born in the village of Khenshara in the mountains north-east of Beirut, Ms Riachi is the only woman in Mr Mikati’s Cabinet.
Ms Riachi has served in a number of diplomatic positions, including as Lebanon’s permanent representative to the United Nations from 2007 to 2017, the NNA said. She holds two bachelor's degrees from Lebanon’s Saint Joseph University in political and administrative sciences, as well as in history and geography. She directed the office of Lebanon’s minister of foreign affairs from 2012 to 2020.
Sports and Youth: George Kallas
Independent
Born in 1953, Brig Gen Kallas has held a number of administrative positions in Lebanese newspapers and universities, including editor of local daily Annahar’s culture pages and lecturer at the faculty of documentation and information at the Lebanese University, the NNA said.
Industry Minister: George Boujikian
Chosen by: Armenian political party Tashnag
Born in 1965 in the city of Zahle, Mr Boujikian is a businessman who has founded several Lebanese companies according to the NNA, including pharmaceutical companies Technoline and BioDiamond Middle East. He holds both Lebanese and Canadian citizenship.
Telecommunications Minister: Johnny Corm
Chosen by: Marada
Mr Corm has been the director of General Paint, a Lebanese company which specialises in automotive coating, for the past two decades, said the NNA. Born in 1966, he holds an MBA from West Virginia University in the US.
Culture Minister: Mohammad Mortada
Chosen by : Amal
Born in 1972, Mr Mortada is a judge who currently heads the Mount Lebanon criminal court, according to the NNA. Between 2009 and 2018, he was twice a member of the Supreme Judicial Council, an ten-member administrative body which approves the appointment of judges amongst others.
Director: Laxman Utekar
Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna
Rating: 1/5
The%20specs
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How to apply for a drone permit
- Individuals must register on UAE Drone app or website using their UAE Pass
- Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
- Upload the training certificate from a centre accredited by the GCAA
- Submit their request
What are the regulations?
- Fly it within visual line of sight
- Never over populated areas
- Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
- Users must avoid flying over restricted areas listed on the UAE Drone app
- Only fly the drone during the day, and never at night
- Should have a live feed of the drone flight
- Drones must weigh 5 kg or less
The specs
Engine: 4.0-litre V8 twin-turbocharged and three electric motors
Power: Combined output 920hp
Torque: 730Nm at 4,000-7,000rpm
Transmission: 8-speed dual-clutch automatic
Fuel consumption: 11.2L/100km
On sale: Now, deliveries expected later in 2025
Price: expected to start at Dh1,432,000
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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
Winners
Best Men's Player of the Year: Kylian Mbappe (PSG)
Maradona Award for Best Goal Scorer of the Year: Robert Lewandowski (Bayern Munich)
TikTok Fans’ Player of the Year: Robert Lewandowski
Top Goal Scorer of All Time: Cristiano Ronaldo (Manchester United)
Best Women's Player of the Year: Alexia Putellas (Barcelona)
Best Men's Club of the Year: Chelsea
Best Women's Club of the Year: Barcelona
Best Defender of the Year: Leonardo Bonucci (Juventus/Italy)
Best Goalkeeper of the Year: Gianluigi Donnarumma (PSG/Italy)
Best Coach of the Year: Roberto Mancini (Italy)
Best National Team of the Year: Italy
Best Agent of the Year: Federico Pastorello
Best Sporting Director of the Year: Txiki Begiristain (Manchester City)
Player Career Award: Ronaldinho
Muslim Council of Elders condemns terrorism on religious sites
The Muslim Council of Elders has strongly condemned the criminal attacks on religious sites in Britain.
It firmly rejected “acts of terrorism, which constitute a flagrant violation of the sanctity of houses of worship”.
“Attacking places of worship is a form of terrorism and extremism that threatens peace and stability within societies,” it said.
The council also warned against the rise of hate speech, racism, extremism and Islamophobia. It urged the international community to join efforts to promote tolerance and peaceful coexistence.
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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
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NYBL PROFILE
Company name: Nybl
Date started: November 2018
Founder: Noor Alnahhas, Michael LeTan, Hafsa Yazdni, Sufyaan Abdul Haseeb, Waleed Rifaat, Mohammed Shono
Based: Dubai, UAE
Sector: Software Technology / Artificial Intelligence
Initial investment: $500,000
Funding round: Series B (raising $5m)
Partners/Incubators: Dubai Future Accelerators Cohort 4, Dubai Future Accelerators Cohort 6, AI Venture Labs Cohort 1, Microsoft Scale-up
The Disaster Artist
Director: James Franco
Starring: James Franco, Dave Franco, Seth Rogan
Four stars
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THE SPECS
Engine: 3.5-litre V6
Transmission: six-speed manual
Power: 325bhp
Torque: 370Nm
Speed: 0-100km/h 3.9 seconds
Price: Dh230,000
On sale: now
Sting & Shaggy
44/876
(Interscope)
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Lexus LX700h specs
Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor
Power: 464hp at 5,200rpm
Torque: 790Nm from 2,000-3,600rpm
Transmission: 10-speed auto
Fuel consumption: 11.7L/100km
On sale: Now
Price: From Dh590,000
TV (UAE time);
OSN Sports: from 10am
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10 tips for entry-level job seekers
- Have an up-to-date, professional LinkedIn profile. If you don’t have a LinkedIn account, set one up today. Avoid poor-quality profile pictures with distracting backgrounds. Include a professional summary and begin to grow your network.
- Keep track of the job trends in your sector through the news. Apply for job alerts at your dream organisations and the types of jobs you want – LinkedIn uses AI to share similar relevant jobs based on your selections.
- Double check that you’ve highlighted relevant skills on your resume and LinkedIn profile.
- For most entry-level jobs, your resume will first be filtered by an applicant tracking system for keywords. Look closely at the description of the job you are applying for and mirror the language as much as possible (while being honest and accurate about your skills and experience).
- Keep your CV professional and in a simple format – make sure you tailor your cover letter and application to the company and role.
- Go online and look for details on job specifications for your target position. Make a list of skills required and set yourself some learning goals to tick off all the necessary skills one by one.
- Don’t be afraid to reach outside your immediate friends and family to other acquaintances and let them know you are looking for new opportunities.
- Make sure you’ve set your LinkedIn profile to signal that you are “open to opportunities”. Also be sure to use LinkedIn to search for people who are still actively hiring by searching for those that have the headline “I’m hiring” or “We’re hiring” in their profile.
- Prepare for online interviews using mock interview tools. Even before landing interviews, it can be useful to start practising.
- Be professional and patient. Always be professional with whoever you are interacting with throughout your search process, this will be remembered. You need to be patient, dedicated and not give up on your search. Candidates need to make sure they are following up appropriately for roles they have applied.
Arda Atalay, head of Mena private sector at LinkedIn Talent Solutions, Rudy Bier, managing partner of Kinetic Business Solutions and Ben Kinerman Daltrey, co-founder of KinFitz
THURSDAY FIXTURES
4.15pm: Italy v Spain (Group A)
5.30pm: Egypt v Mexico (Group B)
6.45pm: UAE v Japan (Group A)
8pm: Iran v Russia (Group B)
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