A firefighter works to extinguish a wildfire in Keratea, near Athens, in June. Reuters
A firefighter works to extinguish a wildfire in Keratea, near Athens, in June. Reuters
A firefighter works to extinguish a wildfire in Keratea, near Athens, in June. Reuters
A firefighter works to extinguish a wildfire in Keratea, near Athens, in June. Reuters

June was hottest recorded by Copernicus climate change agency


Gillian Duncan
  • English
  • Arabic

Last month was the hottest June yet, as the world continued its record-breaking temperature streak.

The average surface air temperature for the month was 16.66°C, which is 0.14°C higher than the record set last June and 1.57°C above the 1991-2020 average for the month.

It was also the 13th warmest month in a row, and the 12th consecutive month, marking a full year the world has now reached or broken the 1.5°C threshold, according to the data set of Copernicus, the EU’s climate change agency.

Under the Paris Agreement, countries committed to keeping global temperatures below 2°C above pre-industrial levels, aiming for a 1.5°C limit. Scientists have warned that exceeding 1.5°C could cause severe climate effects, with every fraction of a degree being critical.

In Europe, temperatures were mostly above average over south-east regions and Turkey, but near or below average over western Europe, Iceland and northwestern Russia.

Outside Europe, temperatures were above average over eastern Canada, the western US and Mexico, Brazil, northern Siberia, the Middle East, Northern Africa and Western Antarctica.

Temperatures were below average over the eastern equatorial Pacific, indicating a developing La Nina.

Scientists have said this summer could be the world's hottest on record, even as the warming effect of El Nino fades out to be replaced with La Nina.

Hottest places on earth – in pictures

  • Sign warns of extreme heat at the Badwater Basin salt flats inside Death Valley National Park in California. AFP
    Sign warns of extreme heat at the Badwater Basin salt flats inside Death Valley National Park in California. AFP
  • Death Valley set a global record for the hottest day in September, with a temperature of 57°C. AP
    Death Valley set a global record for the hottest day in September, with a temperature of 57°C. AP
  • Death Valley National Park, California. Getty Images
    Death Valley National Park, California. Getty Images
  • Kebili, Tunisia. Photo: Alamy
    Kebili, Tunisia. Photo: Alamy
  • Mitribah, Kuwait. AP
    Mitribah, Kuwait. AP
  • Turbat, Pakistan. Photo: Wikimedia Commmons
    Turbat, Pakistan. Photo: Wikimedia Commmons
  • Dallol, Ethiopia. Reuters
    Dallol, Ethiopia. Reuters
  • Aziziyah, Libya. Photo: Wikimedia Commons
    Aziziyah, Libya. Photo: Wikimedia Commons
  • Wadi Halfa, Sudan. Photo: Alamy
    Wadi Halfa, Sudan. Photo: Alamy
  • Dasht-e Lut Desert, Iran. Getty Images
    Dasht-e Lut Desert, Iran. Getty Images
  • Khuzestan, Iran. Photo: WallpaperFlare
    Khuzestan, Iran. Photo: WallpaperFlare
  • Ghadames, Libya. Reuters
    Ghadames, Libya. Reuters
  • Ouargla, Algeria. Photo: Unsplash
    Ouargla, Algeria. Photo: Unsplash
  • Wadi Dhayqah in Quriyat, Oman. Photo: Saleh Al Shaibany
    Wadi Dhayqah in Quriyat, Oman. Photo: Saleh Al Shaibany

The latest El Nino, which began in June last year, peaked among the five strongest such events on record, according to the World Meteorological Organisation.

Last month, UN Secretary General Antonio Guterres warned humankind is on a fast track to “climate hell”.

“Of the vast forces that have shaped life on Earth over billions of years, humanity is just one small blip on the radar,” he said in a speech marking World Environment Day.

“But like the meteor that wiped out the dinosaurs, we're having an outsize impact,” he warned.

“In the case of climate, we are not the dinosaurs. We are the meteor. We are not only in danger. We are the danger.”

Brave CF 27 fight card

Welterweight:
Abdoul Abdouraguimov (champion, FRA) v Jarrah Al Selawe (JOR)

Lightweight:
Anas Siraj Mounir (TUN) v Alex Martinez (CAN)

Welterweight:
Mzwandile Hlongwa (RSA) v Khamzat Chimaev (SWE)

Middleweight:
Tarek Suleiman (SYR) v Rustam Chsiev (RUS)
Mohammad Fakhreddine (LEB) v Christofer Silva (BRA)

Super lightweight:
Alex Nacfur (BRA) v Dwight Brooks (USA)

Bantamweight:
Jalal Al Daaja (JOR) v Tariq Ismail (CAN)
Chris Corton (PHI) v Zia Mashwani (PAK)

Featherweight:
Sulaiman (KUW) v Abdullatip (RUS)

Super lightweight:
Flavio Serafin (BRA) v Mohammad Al Katib (JOR)

Meydan racecard:

6.30pm: Al Maktoum Challenge Round 2 (PA) Group 1 | US$75,000 (Dirt) | 2,200 metres

7.05pm: UAE 1000 Guineas (TB) Listed | $250,000 (D) 1,600m

7.40pm: Meydan Classic Trial (TB) Conditions $100,000 (Turf) 1,400m

8.15pm: Al Shindagha Sprint (TB) Group 3 $200,000 (D) 1,200m

8.50pm: Handicap (TB) $175,000 (D) 1,600m

9.25pm: Handicap (TB) $175,000 (T) | 2,000m

10pm: Handicap (TB) $135,000 (T) 1,600m

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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SHAITTAN
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The specs
Engine: 77.4kW all-wheel-drive dual motor
Power: 320bhp
Torque: 605Nm
Transmission: Single-speed automatic
Price: From Dh219,000
On sale: Now
UAE v United States, T20 International Series

Both matches at ICC Academy, Dubai. Admission is free.

1st match: Friday, 2pm

2nd match: Saturday, 2pm

UAE squad: Mohammed Naveed (captain), Rohan Mustafa, Ashfaq Ahmed, Shaiman Anwar, Rameez Shahzad, Amjad Gul, CP Rizwan, Mohammed Boota, Abdul Shakoor, Ahmed Raza, Imran Haider, Sultan Ahmed, Zahoor Khan, Amir Hayat

USA squad: Saurabh Netravalkar (captain), Jaskaran Malhotra, Elmore Hutchinson, Aaron Jones, Nosthush Kenjige, Ali Khan, Jannisar Khan, Xavier Marshall, Monank Patel, Timil Patel, Roy Silva, Jessy Singh, Steven Taylor, Hayden Walsh

Poacher
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Company%C2%A0profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3EHayvn%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2018%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3EChristopher%20Flinos%2C%20Ahmed%20Ismail%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EAbu%20Dhabi%2C%20UAE%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3Efinancial%3Cbr%3E%3Cstrong%3EInitial%20investment%3A%20%3C%2Fstrong%3Eundisclosed%3Cbr%3E%3Cstrong%3ESize%3A%3C%2Fstrong%3E%2044%20employees%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3Eseries%20B%20in%20the%20second%20half%20of%202023%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EHilbert%20Capital%2C%20Red%20Acre%20Ventures%3C%2Fp%3E%0A
COMPANY PROFILE
Name: Akeed

Based: Muscat

Launch year: 2018

Number of employees: 40

Sector: Online food delivery

Funding: Raised $3.2m since inception 

THE BIO

Born: Mukalla, Yemen, 1979

Education: UAE University, Al Ain

Family: Married with two daughters: Asayel, 7, and Sara, 6

Favourite piece of music: Horse Dance by Naseer Shamma

Favourite book: Science and geology

Favourite place to travel to: Washington DC

Best advice you’ve ever been given: If you have a dream, you have to believe it, then you will see it.

Updated: July 10, 2024, 7:35 AM