Russian President Vladimir Putin speaks at an online session of the Davos summit from the Kremlin. File photo / EPA
Russian President Vladimir Putin speaks at an online session of the Davos summit from the Kremlin. File photo / EPA
Russian President Vladimir Putin speaks at an online session of the Davos summit from the Kremlin. File photo / EPA
Russian President Vladimir Putin speaks at an online session of the Davos summit from the Kremlin. File photo / EPA

Russia’s role in prisoner swap shows deepening strategic relationship with Israel


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Israeli national security chief Meir Ben-Shabbat travelled to Moscow on Wednesday to try to finalise a deal in which two Syrians will be exchanged for an Israeli woman held by the regime of President Bashar Al Assad.

For years Israel and Russia co-ordinated closely over war-torn Syria.

Israel turned to Russia for help in retrieving the woman, who was arrested after straying into Syria by mistake, despite the two nations having different policies regarding the Assad regime.

Moscow, which has enormous influence with Mr Al Assad, is trying to revitalise his rule as the almost 10-year civil war winds down.

Israel has no firm role in the conflict but wants to minimise Russian and Iranian influence in the region and keep its borders safe.

It is not the first time Russia has assisted Israel in this way.

In 2019 it successfully retrieved the remains of Israeli soldier Zacharia Baumel from Syria in what Russian President Vladimir Putin called a difficult mission.

The 21-year-old’s family waited 37 years for the return of his body.

Russia needs calm to rebuild the Assad regime and Israel wants peace along its northern border, creating a "shared interest", said Shaul Shay, former deputy chairman of the National Security Council, which is now led by Mr Ben-Shabbat.

Co-ordination dates back to the intense fighting in the Syrian civil war, when the Russian air force struck rebel targets and Israel agreed not to interfere.

Open, regular channels of communication were forged.

Then, after Iran moved missiles into Syria for use by Hezbollah and others against Israel, Russia acquiesced to Israel conducting hundreds of raids to destroy them, said Efraim Halevy, former director of Israel’s intelligence service, Mossad.

"There has been in recent years a machinery set up. I don't want to use the word co-ordination, but of averting mishaps in the air," Mr Halevy, who led Mossad from 1998 to 2002, told The National.

"Mostly this has been successful and therefore Israel has been able to carry out several hundred air sorties against Iranian weaponry that has travelled to Syria.

The Russians don't want Israel's necessary actions to flare into a major conflagration so they need a degree of understanding with Israel on its parameters

"One assumes there has been ongoing dialogue between Israel and Russia over the years."

Those talks could range from discussions between Prime Minister Benjamin Netanyahu and Mr Putin, to the commanders of the air forces, said Mr Halevy, who emphasised that he had no knowledge of what was happening in the current negotiations.

Israel has to be careful not to harm relations with Washington in its dealings with Russia, he said. And the Russians must take their relations with Iran into account.

"The Russians don't want Israel's necessary actions to flare into a major conflagration, so they need a degree of understanding with Israel on its parameters," Mr Halevy said.

Russia has been building up its presence in Syria, including the expansion of a naval base, he said.

He declined to say if there was a quid pro quo in which Israel agreed to the Russian expansion in exchange for its air force being able to strike targets in Syria.

"When there is a climate of dialogue and discourse you reach understandings," Mr Halevy said. "I wouldn't say there is a common strategy."

Mr Shay said Israel used Russia to send messages that it would not tolerate an Iranian presence at the border with the Golan Heights, which Israel occupied during the 1967 Arab-Israeli war and later annexed.

"Russia does not prevent Israel from attending to the Iranians, Iranian militias and Hezbollah" in Syria, he said.

The Israeli government is anxious to bring the missing woman home and on Tuesday held a session on the matter, the contents of which were not divulged.

Israeli society is in many respects tightly knit and the country has a history of agreeing to lopsided prisoner exchanges and freeing prisoners who killed soldiers or civilians to bring back one citizen.

Ten years ago, Mr Netanyahu agreed to exchange 1,037 prisoners, some of whom had killed Israelis, in exchange for a young soldier, Gilad Shalit.

So the release of two prisoners to the Syrians in exchange for the Israeli woman, if it happens, is likely to be welcomed by the public.

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Why your domicile status is important

Your UK residence status is assessed using the statutory residence test. While your residence status – ie where you live - is assessed every year, your domicile status is assessed over your lifetime.

Your domicile of origin generally comes from your parents and if your parents were not married, then it is decided by your father. Your domicile is generally the country your father considered his permanent home when you were born. 

UK residents who have their permanent home ("domicile") outside the UK may not have to pay UK tax on foreign income. For example, they do not pay tax on foreign income or gains if they are less than £2,000 in the tax year and do not transfer that gain to a UK bank account.

A UK-domiciled person, however, is liable for UK tax on their worldwide income and gains when they are resident in the UK.

UK’s AI plan
  • AI ambassadors such as MIT economist Simon Johnson, Monzo cofounder Tom Blomfield and Google DeepMind’s Raia Hadsell
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5.30pm: Wathba Stallions Cup Handicap (PA) Dh70,000 (T) 1,400m; Winner: Noof KB, Richard Mullen, Ernst Oertel

6pm: Handicap (PA) Dh80,000 (T) 1,200m; Winner: AF Seven Skies, Bernardo Pinheiro, Qaiss Aboud

6.30pm: Handicap (PA) Dh80,000 (T) 2,200m; Winner: Jabalini, Szczepan Mazur, Ibrahim Al Hadhrami

7pm: UAE Arabian Derby – Prestige (PA) Dh150,000 (T) 2,200m; Winner: Dergham Athbah, Richard Mullen, Mohamed Daggash

7.30pm: Emirates Championship – Group 1 (PA) Dh1,000,000 (T) 2,200m; Winner: Somoud, Richard Mullen, Jean de Roualle

8pm: Abu Dhabi Championship – Group 3 (TB) Dh380,000 (T) 2,200m; Winner: Irish Freedom, Antonio Fresu, Satish Seemar

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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

Business Insights
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4.35pm: Tilal Al Khalediah
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Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

Gulf Under 19s final

Dubai College A 50-12 Dubai College B

Baby Driver

Director: Edgar Wright

Starring: Ansel Elgort, Kevin Spacey, Jamie Foxx, Lily James

Three and a half stars

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New UK refugee system

 

  • A new “core protection” for refugees moving from permanent to a more basic, temporary protection
  • Shortened leave to remain - refugees will receive 30 months instead of five years
  • A longer path to settlement with no indefinite settled status until a refugee has spent 20 years in Britain
  • To encourage refugees to integrate the government will encourage them to out of the core protection route wherever possible.
  • Under core protection there will be no automatic right to family reunion
  • Refugees will have a reduced right to public funds
Tips from the expert

Dobromir Radichkov, chief data officer at dubizzle and Bayut, offers a few tips for UAE residents looking to earn some cash from pre-loved items.

  1. Sellers should focus on providing high-quality used goods at attractive prices to buyers.
  2. It’s important to use clear and appealing photos, with catchy titles and detailed descriptions to capture the attention of prospective buyers.
  3. Try to advertise a realistic price to attract buyers looking for good deals, especially in the current environment where consumers are significantly more price-sensitive.
  4. Be creative and look around your home for valuable items that you no longer need but might be useful to others.
Tell-tale signs of burnout

- loss of confidence and appetite

- irritability and emotional outbursts

- sadness

- persistent physical ailments such as headaches, frequent infections and fatigue

- substance abuse, such as smoking or drinking more

- impaired judgement

- excessive and continuous worrying

- irregular sleep patterns

 

Tips to help overcome burnout

Acknowledge how you are feeling by listening to your warning signs. Set boundaries and learn to say ‘no’

Do activities that you want to do as well as things you have to do

Undertake at least 30 minutes of exercise per day. It releases an abundance of feel-good hormones

Find your form of relaxation and make time for it each day e.g. soothing music, reading or mindful meditation

Sleep and wake at the same time every day, even if your sleep pattern was disrupted. Without enough sleep condition such as stress, anxiety and depression can thrive.