Syrian President Bashar Al Assad with his wife Asma in 2018, when she was treated for breast cancer. AP
Syrian President Bashar Al Assad with his wife Asma in 2018, when she was treated for breast cancer. AP
Syrian President Bashar Al Assad with his wife Asma in 2018, when she was treated for breast cancer. AP
Syrian President Bashar Al Assad with his wife Asma in 2018, when she was treated for breast cancer. AP

Asma Al Assad receives leukaemia diagnosis


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Syria's first lady Asma Al Assad has “acute myelogenous leukaemia”, the Syrian state news agency, Sana, said on Tuesday.

Ms Al Assad was exhibiting “symptoms and clinical signs” of the disease before medical tests, it said.

The first lady will undergo treatment, including protocols that require her to be isolated and experience “social distancing”, Sana reported.

“She will stay away from direct work and participating in events and activities as part of the treatment plan.”

In 2018, Ms Al Assad was diagnosed with breast cancer after a malignant tumour was discovered, state media reported at the time.

A year later, she announced that she had “fully recovered” from her illness.

“My journey is over, with all its pain and weariness, its drawbacks and even its positives. Praise God, it's over. I have fully triumphed over cancer,” she said at the time, adding that she had been receiving chemotherapy treatment at a Syrian military hospital.

Last year, she accompanied her husband, President Bashar Al Assad, on a visit to the UAE in her first official trip abroad with him since the war began in 2011.

Ms Al Assad, a British-born former investment banker, heads several charities dealing with the families of soldiers killed in the war.

She runs the Syria Trust for Development, an NGO that acts as an umbrella organisation for many of the aid and development operations in the country.

Many Syrians accuse her of being complicit in Assad regime crimes against civilians.

The war has displaced more than 11 million Syrians, creating one of the biggest refugee crises in recent history.

Ms Al Assad was born and raised in London to Syrian parents before returning to Syria after meeting the President.

She married Mr Al Assad in 2000, and the couple has three children.

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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

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Updated: May 21, 2024, 10:56 AM