A sculpture from the 4th century BC has been returned to Libya from the Louvre in Paris after it was stolen during the 2011 Arab uprisings.
The funeral statue, which commemorated an unknown man at his grave, had been smuggled illegally from the city of Shahhat, in the north-east of Libya, and housed in the world-famous museum in the French capital since 2016.
The headless bust dates to when that area of modern Libya was part of the Ptolemaic kingdom, an ancient Greek state founded by a one of Alexander the Great’s generals who ruled Egypt, according to the Libyan National Museum.
The 56cm statue arrived at Mitiga Airport in Tripoli where it was handed over by Abdullah Gaderbou, the head of the Administrative Control Authority, to Ali Shalak, chief of the Antiquities Department.
It was agreed in October that the bust would be returned and it was picked up by Mr Gaderbou during an official visit to Paris last week and packed in a special wooden crate to be taken back to Libya.
“We thank everyone who contributed to the return of this piece to its homeland, affirming our commitment to protecting and restoring our cultural heritage,” said the National Museum in a statement on its Facebook page.
Libya has a rich archaeological heritage but the country has faced looting of some of its ancient artefacts.
The modern city of Shahhat, in the Cyrenaica region, sits on the site of the ancient city of Cyrene, which was founded in the seventh century BC. The area was added to the Unesco World Heritage List in 1982.
American prosecutors and law enforcement officers announced in 2022 the return to Libya of another marble statue, called Veiled Head of a Female, which had been smuggled from the area.
A long investigation concluded that in 2000 New York billionaire Michael H Steinhardt bought the antiquity, worth $1.2 million, which came from a tomb in Cyrene.
While the civil war that followed the toppling of former Libyan dictator Muammar Qaddafi led to an increase in the looting of artefacts, disputes about ancient treasures date back to when Europeans first came into contact with the region.
Libya and the Crown Estate in the UK are locked in a dispute over the Leptis Magna ruins, Roman artefacts the Libyans claim were looted by the British in the 19th century.
The UK says it “understands” they were gifts from the ruler of the ancient coastal region of Tripolitania, moto the Prince Regent in 1817 and has so far resisted all calls to hand them back.
At the end of last year, Storm Daniel struck the area, destroying two major dams and releasing large amounts of water into the already inundated region.
As well as killing 4,300 people and displacing 40,000, the flooding also damaged archaeological sites in Libya.
Age-old argument
The issue of whether to return ancient artefacts held in museums in Europe and the US has been the subject of intense argument.
A 2,000-year-old funerary statue of the Greek goddess Persephone, also stolen from Cyrene in 2011 and taken to the UK, was returned to Libya in 2021.
But calls to return the ancient bust of Queen Nefertiti to Egypt are being resisted by Berlin's Neues Museum.
Meanwhile, the decades-old diplomatic row between the UK and Greece over the Elgin Marbles continues to simmer and occasionally boil over.
British Prime Minister Rishi Sunak was due to meet Greek Prime Minister Kyriakos Mitsotakis to discuss the Parthenon sculptures at the end of last year.
But he cancelled the meeting a day after Mr Mitsotakis said having some of the marbles in London and the rest in Athens was "like cutting the Mona Lisa in half" and reaffirmed calls for the sculptures to be returned to the Greek capital.
Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
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
How to wear a kandura
Dos
- Wear the right fabric for the right season and occasion
- Always ask for the dress code if you don’t know
- Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work
- Wear 100 per cent cotton under the kandura as most fabrics are polyester
Don’ts
- Wear hamdania for work, always wear a ghutra and agal
- Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying
What are the main cyber security threats?
Cyber crime - This includes fraud, impersonation, scams and deepfake technology, tactics that are increasingly targeting infrastructure and exploiting human vulnerabilities.
Cyber terrorism - Social media platforms are used to spread radical ideologies, misinformation and disinformation, often with the aim of disrupting critical infrastructure such as power grids.
Cyber warfare - Shaped by geopolitical tension, hostile actors seek to infiltrate and compromise national infrastructure, using one country’s systems as a springboard to launch attacks on others.
Killing of Qassem Suleimani
Tamkeen's offering
- Option 1: 70% in year 1, 50% in year 2, 30% in year 3
- Option 2: 50% across three years
- Option 3: 30% across five years