• Syrian soldiers are seen cheering President Bashar Al Assad during his visit to Al Habit on the southern edges of the Idlib province, in a picture released on October 22, 2019. AFP / Syrian Presidency Facebook page
    Syrian soldiers are seen cheering President Bashar Al Assad during his visit to Al Habit on the southern edges of the Idlib province, in a picture released on October 22, 2019. AFP / Syrian Presidency Facebook page
  • A Turkish gendarme retrieves the body of Syrian refugee Alan Kurdi from a beach in Turkey. Reuters
    A Turkish gendarme retrieves the body of Syrian refugee Alan Kurdi from a beach in Turkey. Reuters
  • The guided-missile destroyer 'USS Porter' conducts strikes while in the Mediterranean Sea, on April 7, 2017. AFP / US NAVY
    The guided-missile destroyer 'USS Porter' conducts strikes while in the Mediterranean Sea, on April 7, 2017. AFP / US NAVY
  • A handout picture released by the official Syrian Arab News Agency on October 31, 2013, shows the remains of a mortar after an alleged mortar attack by rebel fighters on the Damascus mixed Christian-Druze suburb of Jaramana. AFP / Sana
    A handout picture released by the official Syrian Arab News Agency on October 31, 2013, shows the remains of a mortar after an alleged mortar attack by rebel fighters on the Damascus mixed Christian-Druze suburb of Jaramana. AFP / Sana
  • Displaced Syrians from the south of Idlib province sit out in the open in the countryside west of the town of Dana in the north-west Syrian region on December 23, 2019. AFP
    Displaced Syrians from the south of Idlib province sit out in the open in the countryside west of the town of Dana in the north-west Syrian region on December 23, 2019. AFP
  • This picture shows a general view of an overcrowded displacement camp near the village of Qah near the Turkish border in Syria's north-west Idlib province, on October 28, 2020, during the coronavirus pandemic crisis. AFP
    This picture shows a general view of an overcrowded displacement camp near the village of Qah near the Turkish border in Syria's north-west Idlib province, on October 28, 2020, during the coronavirus pandemic crisis. AFP
  • A picture taken on March 23, 2019, shows the last ISIS bastion in the eastern Syrian village of Baghuz after the defeat of the group. The Kurdish-led forces pronounced the end of ISIS regime on March 23, 2019, after flushing out the diehard militants from their very last bastion in eastern Syria. AFP
    A picture taken on March 23, 2019, shows the last ISIS bastion in the eastern Syrian village of Baghuz after the defeat of the group. The Kurdish-led forces pronounced the end of ISIS regime on March 23, 2019, after flushing out the diehard militants from their very last bastion in eastern Syria. AFP
  • Anti-government activists gesture as they gather on the streets of Daraa, 100 kilometres south of the capital Damascus, on March 23, 2011. AFP
    Anti-government activists gesture as they gather on the streets of Daraa, 100 kilometres south of the capital Damascus, on March 23, 2011. AFP
  • Syria's President Bashar Al Assad heading a cabinet meeting in the presidential palace in Damascus in 2013. Sana / AFP
    Syria's President Bashar Al Assad heading a cabinet meeting in the presidential palace in Damascus in 2013. Sana / AFP
  • A picture taken on October 3, 2015 shows a Russian army pilot leaving the cockpit of a Russian Sukhoi Su-25 ground attack aircraft at the Hmeimim airbase in the Syrian province of Latakia. AFP
    A picture taken on October 3, 2015 shows a Russian army pilot leaving the cockpit of a Russian Sukhoi Su-25 ground attack aircraft at the Hmeimim airbase in the Syrian province of Latakia. AFP
  • Members of the Free Syrian Army raise their weapons during a patrol in Idlib in north-west Syria on February 18, 2012. AFP
    Members of the Free Syrian Army raise their weapons during a patrol in Idlib in north-west Syria on February 18, 2012. AFP
  • Syrian President Bashar Al Assad is shown shaking hands with government troops in Eastern Ghouta, in the leader's first trip to the former rebel enclave outside Damascus in years, in this handout picture released by the Syrian Presidency on March 18, 2018. Syrian Presidency Facebook page / AFP
    Syrian President Bashar Al Assad is shown shaking hands with government troops in Eastern Ghouta, in the leader's first trip to the former rebel enclave outside Damascus in years, in this handout picture released by the Syrian Presidency on March 18, 2018. Syrian Presidency Facebook page / AFP
  • Militant fighters wave flags as they take part in a military parade along the streets of Syria's northern Raqqa province, on June 30, 2014. Reuters
    Militant fighters wave flags as they take part in a military parade along the streets of Syria's northern Raqqa province, on June 30, 2014. Reuters

Syrian atrocities are ‘greatest crimes’ this century, UN chief says


James Reinl
  • English
  • Arabic

UN Secretary General Antonio Guterres called for justice for victims of torture and other atrocities in Syria's decade-long war, saying civilians had suffered the "greatest crimes the world has witnessed this century".

Speaking before the 10th anniversary of the start of anti-government protests that spiralled into civil war, Mr Guterres denounced widespread torture, illegal detention and chemical weapons attacks in Syria.

Last month there was a landmark prosecution of a former Syrian government secret police officer by a court in Germany, but there are concerns that such trials are rare and that many war crimes will go unpunished.

“It is impossible to fully fathom the extent of the devastation in Syria but its people have endured some of the greatest crimes the world has witnessed this century,” Mr Guterres said in New York on Wednesday.

“The scale of the atrocities shocks the conscience. Their perpetrators must be held to account if there is to be sustainable peace in Syria.”

Mr Guterres criticised forces loyal to the government of Syrian President Bashar Al Assad, foreign forces involved in the conflict and terrorist militias that have “subjected many Syrians to unimaginable violence and repression”.

The warring forces devastated towns and villages, bombed schools and hospitals, blocked aid flows, and used nerve gas and other deadly chemical weapons in atrocities that flout international law, he said.

“The situation remains a living nightmare,” Mr Guterres said. “Hundreds of thousands of Syrians have died. Millions have been displaced.

"Countless others remain illegally detained and often tortured, missing, disappeared or living in uncertainty and deprivation.”

A Syrian child stacks neutralised shells at a metal scrapyard on the outskirts of Maaret Misrin town in the northwest Idlib province, on March 10, 2021. AFP
A Syrian child stacks neutralised shells at a metal scrapyard on the outskirts of Maaret Misrin town in the northwest Idlib province, on March 10, 2021. AFP

Millions of people left Syria and millions more have fled their homes since a crackdown by the government on protesters in March 2011 led to a civil war that has dragged in Russia, Iran, Turkey, the US and others.

A court in Germany last month sentenced former Syrian secret police officer Eyad Al Gharib to four and a half years in prison for aiding and abetting crimes against humanity in the detention and torture of anti-government protesters.

Rights groups hailed the first successful prosecution of a former Syrian regime official for crimes against humanity, and the use of universal jurisdiction by German prosecutors, but also noted that most Syrian war criminals have eluded justice.

TOP%2010%20MOST%20POLLUTED%20CITIES
%3Cp%3E1.%20Bhiwadi%2C%20India%0D%3Cbr%3E2.%20Ghaziabad%2C%20India%0D%3Cbr%3E3.%20Hotan%2C%20China%0D%3Cbr%3E4.%20Delhi%2C%20India%0D%3Cbr%3E5.%20Jaunpur%2C%20India%0D%3Cbr%3E6.%20Faisalabad%2C%20Pakistan%0D%3Cbr%3E7.%20Noida%2C%20India%0D%3Cbr%3E8.%20Bahawalpur%2C%20Pakistan%0D%3Cbr%3E9.%20Peshawar%2C%20Pakistan%0D%3Cbr%3E10.%20Bagpat%2C%20India%3C%2Fp%3E%0A%3Cp%3E%3Cem%3ESource%3A%20IQAir%3C%2Fem%3E%3C%2Fp%3E%0A
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
Mica

Director: Ismael Ferroukhi

Stars: Zakaria Inan, Sabrina Ouazani

3 stars

FFP EXPLAINED

What is Financial Fair Play?
Introduced in 2011 by Uefa, European football’s governing body, it demands that clubs live within their means. Chiefly, spend within their income and not make substantial losses.

What the rules dictate? 
The second phase of its implementation limits losses to €30 million (Dh136m) over three seasons. Extra expenditure is permitted for investment in sustainable areas (youth academies, stadium development, etc). Money provided by owners is not viewed as income. Revenue from “related parties” to those owners is assessed by Uefa's “financial control body” to be sure it is a fair value, or in line with market prices.

What are the penalties? 
There are a number of punishments, including fines, a loss of prize money or having to reduce squad size for European competition – as happened to PSG in 2014. There is even the threat of a competition ban, which could in theory lead to PSG’s suspension from the Uefa Champions League.

Results

Stage three:

1. Stefan Bissegger (SUI) EF Education-EasyPost, in 9-43

2. Filippo Ganna (ITA) Ineos Grenadiers, at 7s

3. Tom Dumoulin (NED) Jumbo-Visma, at 14s

4. Tadej Pogacar (SLO) UAE-Team Emirates, at 18s

5. Joao Almeida (POR) UAE-Team Emirates, at 22s

6. Mikkel Bjerg (DEN) UAE-Team Emirates, at 24s

General Classification:

1. Stefan Bissegger (SUI) EF Education-EasyPost, in 9-13-02

2. Filippo Ganna (ITA) Ineos Grenadiers, at 7s

3. Jasper Philipsen (BEL) Alpecin Fenix, at 12s

4. Tom Dumoulin (NED) Jumbo-Visma, at 14s

5. Tadej Pogacar (SLO) UAE-Team Emirates, at 18s

6. Joao Almeida (POR) UAE-Team Emirates, at 22s

How to donate

Send “thenational” to the following numbers or call the hotline on: 0502955999
2289 – Dh10
2252 – Dh 50
6025 – Dh20
6027 – Dh 100
6026 – Dh 200

if you go

The flights

Etihad, Emirates and Singapore Airlines fly direct from the UAE to Singapore from Dh2,265 return including taxes. The flight takes about 7 hours.

The hotel

Rooms at the M Social Singapore cost from SG $179 (Dh488) per night including taxes.

The tour

Makan Makan Walking group tours costs from SG $90 (Dh245) per person for about three hours. Tailor-made tours can be arranged. For details go to www.woknstroll.com.sg

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.

Company%C2%A0profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3EOutsized%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2016%0D%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3EAzeem%20Zainulbhai%2C%20Niclas%20Thelander%2C%20Anurag%20Bhalla%20and%20Johann%20van%20Niekerk%20%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EIndia%2C%20South%20Africa%2C%20South-East%20Asia%2C%20Mena%0D%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20Recruitment%0D%3Cbr%3E%3Cstrong%3EInvestment%20raised%3A%3C%2Fstrong%3E%20%241%20million%0D%3Cbr%3E%3Cstrong%3ECurrent%20staff%20count%3A%3C%2Fstrong%3E%2040%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3ESeed%20and%20angel%20investors%0D%3Cbr%3E%3C%2Fp%3E%0A
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

The%20specs
%3Cp%3E%3Cstrong%3EPowertrain%3A%20%3C%2Fstrong%3ESingle%20electric%20motor%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E201hp%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E310Nm%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3ESingle-speed%20auto%0D%3Cbr%3E%3Cstrong%3EBattery%3A%20%3C%2Fstrong%3E53kWh%20lithium-ion%20battery%20pack%20(GS%20base%20model)%3B%2070kWh%20battery%20pack%20(GF)%0D%3Cbr%3E%3Cstrong%3ETouring%20range%3A%20%3C%2Fstrong%3E350km%20(GS)%3B%20480km%20(GF)%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh129%2C900%20(GS)%3B%20Dh149%2C000%20(GF)%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%3C%2Fstrong%3E%20Now%3C%2Fp%3E%0A
The specs

Engine: 5.0-litre supercharged V8

Transmission: Eight-speed auto

Power: 575bhp

Torque: 700Nm

Price: Dh554,000

On sale: now

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

How Tesla’s price correction has hit fund managers

Investing in disruptive technology can be a bumpy ride, as investors in Tesla were reminded on Friday, when its stock dropped 7.5 per cent in early trading to $575.

It recovered slightly but still ended the week 15 per cent lower and is down a third from its all-time high of $883 on January 26. The electric car maker’s market cap fell from $834 billion to about $567bn in that time, a drop of an astonishing $267bn, and a blow for those who bought Tesla stock late.

The collapse also hit fund managers that have gone big on Tesla, notably the UK-based Scottish Mortgage Investment Trust and Cathie Wood’s ARK Innovation ETF.

Tesla is the top holding in both funds, making up a hefty 10 per cent of total assets under management. Both funds have fallen by a quarter in the past month.

Matt Weller, global head of market research at GAIN Capital, recently warned that Tesla founder Elon Musk had “flown a bit too close to the sun”, after getting carried away by investing $1.5bn of the company’s money in Bitcoin.

He also predicted Tesla’s sales could struggle as traditional auto manufacturers ramp up electric car production, destroying its first mover advantage.

AJ Bell’s Russ Mould warns that many investors buy tech stocks when earnings forecasts are rising, almost regardless of valuation. “When it works, it really works. But when it goes wrong, elevated valuations leave little or no downside protection.”

A Tesla correction was probably baked in after last year’s astonishing share price surge, and many investors will see this as an opportunity to load up at a reduced price.

Dramatic swings are to be expected when investing in disruptive technology, as Ms Wood at ARK makes clear.

Every week, she sends subscribers a commentary listing “stocks in our strategies that have appreciated or dropped more than 15 per cent in a day” during the week.

Her latest commentary, issued on Friday, showed seven stocks displaying extreme volatility, led by ExOne, a leader in binder jetting 3D printing technology. It jumped 24 per cent, boosted by news that fellow 3D printing specialist Stratasys had beaten fourth-quarter revenues and earnings expectations, seen as good news for the sector.

By contrast, computational drug and material discovery company Schrödinger fell 27 per cent after quarterly and full-year results showed its core software sales and drug development pipeline slowing.

Despite that setback, Ms Wood remains positive, arguing that its “medicinal chemistry platform offers a powerful and unique view into chemical space”.

In her weekly video view, she remains bullish, stating that: “We are on the right side of change, and disruptive innovation is going to deliver exponential growth trajectories for many of our companies, in fact, most of them.”

Ms Wood remains committed to Tesla as she expects global electric car sales to compound at an average annual rate of 82 per cent for the next five years.

She said these are so “enormous that some people find them unbelievable”, and argues that this scepticism, especially among institutional investors, “festers” and creates a great opportunity for ARK.

Only you can decide whether you are a believer or a festering sceptic. If it’s the former, then buckle up.

Company%C2%A0profile
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KINGDOM%20OF%20THE%20PLANET%20OF%20THE%20APES
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Most match wins on clay

Guillermo Vilas - 659

Manuel Orantes - 501

Thomas Muster - 422

Rafael Nadal - 399 *

Jose Higueras - 378

Eddie Dibbs - 370

Ilie Nastase - 338

Carlos Moya - 337

Ivan Lendl - 329

Andres Gomez - 322

Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.