• Mr Saied celebrating with his supporters after the projected outcome of a constitutional referendum was announced. EPA
    Mr Saied celebrating with his supporters after the projected outcome of a constitutional referendum was announced. EPA
  • Rached Ghannouchi, leader of Tunisia's Ennahda party, after appearing before a judge in connection with the alleged dispatch of terrorists to Syria and in Iraq. AFP
    Rached Ghannouchi, leader of Tunisia's Ennahda party, after appearing before a judge in connection with the alleged dispatch of terrorists to Syria and in Iraq. AFP
  • Mr Ghannouchi, who heads the Islamist party, casts his vote during municipal elections in Tunis. Reuters
    Mr Ghannouchi, who heads the Islamist party, casts his vote during municipal elections in Tunis. Reuters
  • Abir Moussi, leader of Tunisia's Free Destourian Party during a protest to demand the dissolution of parliament, early elections and an end to the state of exception. EPA
    Abir Moussi, leader of Tunisia's Free Destourian Party during a protest to demand the dissolution of parliament, early elections and an end to the state of exception. EPA
  • Tunisian President Kais Saied, right, welcomes the head of the Polisario Front movement, Brahim Ghali, on his arrival in Tunis. EPA
    Tunisian President Kais Saied, right, welcomes the head of the Polisario Front movement, Brahim Ghali, on his arrival in Tunis. EPA
  • Ms Moussi votes during presidential elections. Getty Images
    Ms Moussi votes during presidential elections. Getty Images
  • Noureddine Taboubi, secretary general of the Tunisian General Labour Union, during a speech in which he warned against the deterioration of the social situation and economy of the country. AFP
    Noureddine Taboubi, secretary general of the Tunisian General Labour Union, during a speech in which he warned against the deterioration of the social situation and economy of the country. AFP
  • Mr Taboubi during an interview. Reuters
    Mr Taboubi during an interview. Reuters
  • Tunisian judges outside the courthouse in Tunis protest against Kais Saied's June 1 decision to dismiss 57 magistrates. EPA
    Tunisian judges outside the courthouse in Tunis protest against Kais Saied's June 1 decision to dismiss 57 magistrates. EPA
  • A woman holds up the Tunisian constitution during a protest against Mr Saied and his call for a constitutional referendum. EPA
    A woman holds up the Tunisian constitution during a protest against Mr Saied and his call for a constitutional referendum. EPA

Tunisia faces election deadlock as citizens abroad go to polls


Ghaya Ben Mbarek
  • English
  • Arabic

The countdown to Tunisia’s legislative elections is under way, with only one day to go before Tunisians abroad head to the polls to cast their ballots for their future representatives in parliament.

However, those familiar with electoral processes in the country over the past decade say there is something different about these elections.

With the majority of political parties boycotting Saturday's vote and the absence of the usual campaigning around the country, observers are already predicting that the elections will be a failure.

Electoral commission allegations

“The credibility of the electoral commission is diminished. I would guess that the participation rate in this election would be very low compared to other elections we had,” Amine Ghali, a political analyst and director of Kawakibi Democracy Transition Centre, told The National.

The electoral commission is widely viewed as lacking impartiality and has been one of the most contentious subjects in the elections.

“Its members have been hand-picked by the president and it is not at the level of credibility and professionalism as the previous election commissions,” Mr Ghali said.

According to Mr Ghali, the credibility issue of the commission stems from President Kais Saied's efforts to consolidate power since his takeover of all branches of the government on July 25, 2021.

The unilateral drafting of a constitution — that was later passed through a controversial referendum — as well as the new electoral law, is what lead the major political actors in the country to reject the elections as another procedure designed to cement one-man rule.

Dim prospects for an effective parliament

On July 25, 2021, Tunisians took to the streets to mark the anniversary of the republic, demanding an end to a parliament that was seen as dysfunctional, corrupt and violent.

“People had a lot of hope and wanted to put an end to a corrupt parliament and the corrupt alliances within it, but I don’t see how we are going to correct that when Kais Saied’s narrative is based on hate, lies, rumours, the division of Tunisians and questioning their national allegiance,” said Lawyers Without Borders co-ordinator Nawres Douzi.

“I believe the next parliament is going to be more violent and more corrupt than the one we had.”

The lack of hope of change is a sentiment shared by many Tunisians. Most convey distrust in the political elite, with an overwhelming state of “political fatigue”.

Tunisia’s new constitution can already tell us a lot about what we should expect of the next parliament, said Mr Ghali: “It would be very weak and only confirming the choices of the president.”

Devolved power or more of the same?

Through his new electoral system, Mr Saied has claimed to seek empowerment for marginalised interior regions, pledging sweeping devolution of power.

The idea has been the subject of popular demands for years and is widely seen as legitimate, according to Ms Douzi. However, implementation of political decentralisation under Mr Saied would risk being tied to his centralisation of powers, Ms Douzi says.

“It’s not decentralisation of powers, it’s a centralisation of powers in the hands of the president,” she says.

According to Ms Douzi, the parliament’s main duty is not on display in the open sessions broadcast live to the public. Instead, more important work is done by parliamentary commissions, where the most important decisions regarding policies necessary to guide the country are discussed.

However, with the current trajectory, the coming parliament would lack a national vision, she says.

Systemic problems

With an economic crisis affecting the daily lives of citizens, critics doubt that the election of a new parliament will bring the solutions that they need.

“We’ve lived through promises that were never delivered. Solutions need to be more comprehensive, participatory and within a global vision,” Mr Ghali said.

With no detailed guarantees for accountability and equal representation provided by the current electoral law, Ms Douzi describes the current process as having “dim prospects, incapable of providing a better alternative for Tunisians”,

“The current political system somehow abolished the very foundation of democracy,” Ms Douzi said.

Mr Ghali says only a drastic change of the entire system is capable of taking the country out of its current stalemate.

“The solution will not come from the upcoming parliament and the system of decision-making as it is today,” he said. “The current system is a deadlock that would not lead to any improvements.”

The specs

Engine: 3.5-litre V6

Power: 272hp at 6,400rpm

Torque: 331Nm from 5,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.7L/100km

On sale: now

Price: Dh149,000

 

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20OneOrder%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%20March%202022%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Tamer%20Amer%20and%20Karim%20Maurice%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Cairo%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%20%3C%2Fstrong%3E82%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20Series%20A%3C%2Fp%3E%0A
Tree of Hell

Starring: Raed Zeno, Hadi Awada, Dr Mohammad Abdalla

Director: Raed Zeno

Rating: 4/5

Desert Warrior

Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

Yemen's Bahais and the charges they often face

The Baha'i faith was made known in Yemen in the 19th century, first introduced by an Iranian man named Ali Muhammad Al Shirazi, considered the Herald of the Baha'i faith in 1844.

The Baha'i faith has had a growing number of followers in recent years despite persecution in Yemen and Iran. 

Today, some 2,000 Baha'is reside in Yemen, according to Insaf. 

"The 24 defendants represented by the House of Justice, which has intelligence outfits from the uS and the UK working to carry out an espionage scheme in Yemen under the guise of religion.. aimed to impant and found the Bahai sect on Yemeni soil by bringing foreign Bahais from abroad and homing them in Yemen," the charge sheet said. 

Baha'Ullah, the founder of the Bahai faith, was exiled by the Ottoman Empire in 1868 from Iran to what is now Israel. Now, the Bahai faith's highest governing body, known as the Universal House of Justice, is based in the Israeli city of Haifa, which the Bahais turn towards during prayer. 

The Houthis cite this as collective "evidence" of Bahai "links" to Israel - which the Houthis consider their enemy. 

 

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

Key changes

Commission caps

For life insurance products with a savings component, Peter Hodgins of Clyde & Co said different caps apply to the saving and protection elements:

• For the saving component, a cap of 4.5 per cent of the annualised premium per year (which may not exceed 90 per cent of the annualised premium over the policy term). 

• On the protection component, there is a cap  of 10 per cent of the annualised premium per year (which may not exceed 160 per cent of the annualised premium over the policy term).

• Indemnity commission, the amount of commission that can be advanced to a product salesperson, can be 50 per cent of the annualised premium for the first year or 50 per cent of the total commissions on the policy calculated. 

• The remaining commission after deduction of the indemnity commission is paid equally over the premium payment term.

• For pure protection products, which only offer a life insurance component, the maximum commission will be 10 per cent of the annualised premium multiplied by the length of the policy in years.

Disclosure

Customers must now be provided with a full illustration of the product they are buying to ensure they understand the potential returns on savings products as well as the effects of any charges. There is also a “free-look” period of 30 days, where insurers must provide a full refund if the buyer wishes to cancel the policy.

“The illustration should provide for at least two scenarios to illustrate the performance of the product,” said Mr Hodgins. “All illustrations are required to be signed by the customer.”

Another illustration must outline surrender charges to ensure they understand the costs of exiting a fixed-term product early.

Illustrations must also be kept updatedand insurers must provide information on the top five investment funds available annually, including at least five years' performance data.

“This may be segregated based on the risk appetite of the customer (in which case, the top five funds for each segment must be provided),” said Mr Hodgins.

Product providers must also disclose the ratio of protection benefit to savings benefits. If a protection benefit ratio is less than 10 per cent "the product must carry a warning stating that it has limited or no protection benefit" Mr Hodgins added.

Sonchiriya

Director: Abhishek Chaubey

Producer: RSVP Movies, Azure Entertainment

Cast: Sushant Singh Rajput, Manoj Bajpayee, Ashutosh Rana, Bhumi Pednekar, Ranvir Shorey

Rating: 3/5

Maestro
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EBradley%20Cooper%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%20%3C%2Fstrong%3EBradley%20Cooper%2C%20Carey%20Mulligan%2C%20Maya%20Hawke%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203%2F5%3C%2Fp%3E%0A
How it works

Each player begins with one of the great empires of history, from Julius Caesar's Rome to Ramses of Egypt, spread over Europe and the Middle East.

Round by round, the player expands their empire. The more land they have, the more money they can take from their coffers for each go.

As unruled land and soldiers are acquired, players must feed them. When a player comes up against land held by another army, they can choose to battle for supremacy.

A dice-based battle system is used and players can get the edge on their enemy with by deploying a renowned hero on the battlefield.

Players that lose battles and land will find their coffers dwindle and troops go hungry. The end goal? Global domination of course.

Profile of Udrive

Date started: March 2016

Founder: Hasib Khan

Based: Dubai

Employees: 40

Amount raised (to date): $3.25m – $750,000 seed funding in 2017 and a Seed round of $2.5m last year. Raised $1.3m from Eureeca investors in January 2021 as part of a Series A round with a $5m target.

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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

Suggested picnic spots

Abu Dhabi
Umm Al Emarat Park
Yas Gateway Park
Delma Park
Al Bateen beach
Saadiyaat beach
The Corniche
Zayed Sports City
 
Dubai
Kite Beach
Zabeel Park
Al Nahda Pond Park
Mushrif Park
Safa Park
Al Mamzar Beach Park
Al Qudrah Lakes 

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

WITHIN%20SAND
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Representing%20UAE%20overseas
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Jetour T1 specs

Engine: 2-litre turbocharged

Power: 254hp

Torque: 390Nm

Price: From Dh126,000

Available: Now

Emergency phone numbers in the UAE

Estijaba – 8001717 –  number to call to request coronavirus testing

Ministry of Health and Prevention – 80011111

Dubai Health Authority – 800342 – The number to book a free video or voice consultation with a doctor or connect to a local health centre

Emirates airline – 600555555

Etihad Airways – 600555666

Ambulance – 998

Knowledge and Human Development Authority – 8005432 ext. 4 for Covid-19 queries

Updated: December 14, 2022, 3:39 AM