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The Israeli air force struck a security target in one of the most heavily guarded districts in Damascus on Thursday, sources in the Syrian opposition said, as Israel raises pressure on the government of President Bashar Al Assad over its co-operation with Iran and Hezbollah.
A senior figure in the opposition, who did not want to be identified, said missiles hit a military intelligence compound in Kfar Souseh, an upmarket area near Umayyad Square in the Syrian capital, at the heart of the so-called "security square", where the President's home is also situated.
"The Israelis were probably after a specific operative, but we don't know who," he said.
Israel has stepped up attacks in Syria on figures linked to Tehran since the assassination of the Hezbollah leader Hassan Nasrallah in Beirut on September 27.
Official Syrian media reported that one soldier was killed in overnight attacks on Thursday on Kfar Souseh and a military site in the vicinity of the central city of Homs, near the Lebanese border. The area is widely seen as a main supply line to Hezbollah, and a route in a cross-border narcotics trade linked to Hezbollah and to the Syrian military.
The military intelligence, like the rest of the Syrian army, is de facto controlled by Brig Gen Maher Al Assad, the brother of the President and the second most powerful man in the ruling system
Two days after the air strike that killed Nasrallah, Israeli planes struck a villa in a Damascus suburb frequented by Maj Gen Al Assad. Although there were no reported casualties, the attack was seen as a signal that Syria's top brass were no longer immune. In a surprise move this week, Syria's legislature, which contains no opposition, revoked the membership of Mohammed Hamsho, one of Syria's wealthiest men, who is a business associate of Maj Gen Al Assad.
The inner workings of the ruling elite in Syria are virtually unknown, making it difficult to pinpoint why the authorities have acted against Mr Hamsho, and to what extent he is involved in Maj Gen Al Assad's dealings with Iran.
But on Wednesday, parliament authorised unspecified legal action against two of its members: Mujahad Ismail, a commander in a militia division of the ruling Baath Pary, and real estate magnate Khaled Zubeidi .
It is not known to what extent the two men had connections with Maj Gen Assad, or whether the move against them is part of any larger power struggles in the country.
In Lebanon, the Israeli air force continued overnight strikes, attacking Beirut's southern suburbs several times in strikes that destroyed six residential buildings. The strikes on the Laylaki area were “the most violent in the area since the beginning of the war”, the state-run National News Agency reported.
One person died and six were wounded in a strike on the Jnah district. No warning was given ahead of time.
According to Lebanese authorities, 2,574 people have been killed in Israeli attacks across Lebanon since Hezbollah started attacking northern Israel on October 8, a day after Hamas mounted a surprise attack on southern Israel that ushered in the Gaza war.
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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
