Oman's Badr Al Busaidi met Iraqi Prime Minister Mohammed Shia Al Sudani in Baghdad on Sunday during the first official visit to Iraq by an Omani foreign minister. Mr Al Busaidi attended the ministerial level Omani-Iraqi Joint Committee, signalling a new era of collaboration between the two nations.
“It is indeed an important and historic visit, for the first time an Omani foreign minister visits Baghdad,” Iraqi Foreign Minister Fuad Hussein told a joint media conference. During the meetings, preliminary agreements were signed across several vital sectors, including trade, economy, political co-operation, culture and investment, Mr Hussein said.
The agreements reflect a shared commitment to enhance co-operation and fostering economic and diplomatic ties to benefit both countries, he added. “There are significant opportunities in Iraq, and we have invited Omani companies to engage in this sector,” he said.
Mr Al Busaidi hailed the “strong relations and historic ties” between Iraq and Oman, saying a “great emphasis is placed on fostering co-operation and partnerships aimed at deepening mutual interests and achieving greater benefits for both countries”.
Mr Hussein addressed pressing regional issues, calling for an end to the war in Gaza, caused by a Hamas-led attack on southern Israel on October 7 last year that killed about 1,200 people, and underlining Iraq’s position in support of peace and humanitarian efforts.
That led to Israeli military action that has killed more than 45,000 Palestinians.
“There are broad and shared understandings with the Omani side on this matter,” he said. “We support the Palestinian cause and advocate for a ceasefire in Gaza, as well as opening avenues for the people of Gaza, who are suffering greatly due to the ongoing aggression against them,” he added.
Both sides also discussed the situation in Syria, where rebels led by Hayat Tahrir Al Sham (HTS) toppled Bashar Al Assad’s regime in a lightning offensive that culminated on December 8. The former president fled to Moscow, where he was granted asylum, along with his family, on humanitarian grounds, ending more than five decades of his family's rule.
Mr Hussein expressed concerns over the continuing situation in Syria, warning of the potential resurgence of ISIS. He emphasised Iraq’s determination to work with regional partners, including Oman, to ensure stability and prevent security threats from escalating.
“We respect the Syrian people's choice but at the same time we are studying the situation in Syria and the changes there,” he said. “Our concern is evident regarding the growth and expansion of terrorist organisations, particularly ISIS, across the border inside Syria,” he added, warning that the numbers of extremist-group militants have increased and that they have more weapons.
ISIS overran large parts of Iraq and Syria, in the summer of 2014, declaring a caliphate that took in large areas of both countries. During that time, it led a campaign of widespread and systematic violations of international human rights and humanitarian law.
Iraqi troops, backed by a US-led international coalition, reclaimed all ISIS-held territory in Iraq in late 2017, after three years of fighting. However, ISIS fighters still carry out sporadic attacks, mainly in rural areas. The US has about 900 troops left in north-eastern Syria who are tasked with fighting ISIS.
Since taking over Damascus, HTS has appointed a new interim government and urged Syrians abroad, some of whom have been displaced for more than a decade, to return to their homeland.
Iraq supports Syria in establishing an inclusive political process, Mr Hussein said. “We hope the political process will bring stability in Syria, boost good neighbourliness and regional co-operation, and bring the representatives of all components of the people,” he added. Mr Al Busaidi stressed the "necessity of exerting diplomatic efforts to resolve the conflicts and enhance security and stability in the region".
Malcolm & Marie
Directed by: Sam Levinson
Starring: John David Washington and Zendaya
Three stars
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
Results
6pm: Dubai Trophy – Conditions (TB) $100,000 (Turf) 1,200m
Winner: Silent Speech, William Buick (jockey), Charlie Appleby
(trainer)
6.35pm: Jumeirah Derby Trial – Conditions (TB) $60,000 (T)
1,800m
Winner: Island Falcon, Frankie Dettori, Saeed bin Suroor
7.10pm: UAE 2000 Guineas Trial – Conditions (TB) $60,000 (Dirt)
1,400m
Winner: Rawy, Mickael Barzalona, Salem bin Ghadayer
7.45pm: Al Rashidiya – Group 2 (TB) $180,000 (T) 1,800m
Winner: Desert Fire, Hector Crouch, Saeed bin Suroor
8.20pm: Al Fahidi Fort – Group 2 (TB) $180,000 (T) 1,400m
Winner: Naval Crown, William Buick, Charlie Appleby
8.55pm: Dubawi Stakes – Group 3 (TB) $150,000 (D) 1,200m
Winner: Al Tariq, Pat Dobbs, Doug Watsons
9.30pm: Aliyah – Rated Conditions (TB) $80,000 (D) 2,000m
Winner: Dubai Icon, Patrick Cosgrave, Saeed bin Suroor
Two products to make at home
Toilet cleaner
1 cup baking soda
1 cup castile soap
10-20 drops of lemon essential oil (or another oil of your choice)
Method:
1. Mix the baking soda and castile soap until you get a nice consistency.
2. Add the essential oil to the mix.
Air Freshener
100ml water
5 drops of the essential oil of your choice (note: lavender is a nice one for this)
Method:
1. Add water and oil to spray bottle to store.
2. Shake well before use.
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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
8 traditional Jamaican dishes to try at Kingston 21
- Trench Town Rock: Jamaican-style curry goat served in a pastry basket with a carrot and potato garnish
- Rock Steady Jerk Chicken: chicken marinated for 24 hours and slow-cooked on the grill
- Mento Oxtail: flavoured oxtail stewed for five hours with herbs
- Ackee and salt fish: the national dish of Jamaica makes for a hearty breakfast
- Jamaican porridge: another breakfast favourite, can be made with peanut, cornmeal, banana and plantain
- Jamaican beef patty: a pastry with ground beef filling
- Hellshire Pon di Beach: Fresh fish with pickles
- Out of Many: traditional sweet potato pudding
More from Neighbourhood Watch
Inside%20Out%202
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UEFA CHAMPIONS LEAGUE FIXTURES
All kick-off times 10.45pm UAE ( 4 GMT) unless stated
Tuesday
Sevilla v Maribor
Spartak Moscow v Liverpool
Manchester City v Shakhtar Donetsk
Napoli v Feyenoord
Besiktas v RB Leipzig
Monaco v Porto
Apoel Nicosia v Tottenham Hotspur
Borussia Dortmund v Real Madrid
Wednesday
Basel v Benfica
CSKA Moscow Manchester United
Paris Saint-Germain v Bayern Munich
Anderlecht v Celtic
Qarabag v Roma (8pm)
Atletico Madrid v Chelsea
Juventus v Olympiakos
Sporting Lisbon v Barcelona
Lexus LX700h specs
Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor
Power: 464hp at 5,200rpm
Torque: 790Nm from 2,000-3,600rpm
Transmission: 10-speed auto
Fuel consumption: 11.7L/100km
On sale: Now
Price: From Dh590,000
Specs
Engine: Dual-motor all-wheel-drive electric
Range: Up to 610km
Power: 905hp
Torque: 985Nm
Price: From Dh439,000
Available: Now
COMPANY PROFILE
Name: Rain Management
Year started: 2017
Based: Bahrain
Employees: 100-120
Amount raised: $2.5m from BitMex Ventures and Blockwater. Another $6m raised from MEVP, Coinbase, Vision Ventures, CMT, Jimco and DIFC Fintech Fund