Lebanon's Parliament elected army chief Joseph Aoun as president on Thursday. It ended a power vacuum that had persisted since 2022 and marked a significant political milestone before crucial developments, including the fate of a ceasefire with Israel and the start of postwar reconstruction efforts.
Mr Aoun secured 99 votes in the second round of voting to clinch the presidency after failing in the first session, in which he gathered 71 out of the 86 votes needed in the 128-member house. Shortly after the result was announced, Mr Aoun arrived at parliament, walking along a red carpet into the building, dressed in a suit rather than military fatigues.
“The authorities will have a monopoly on weapons,” he told MPs in his maiden speech, apparently in reference to the militant group Hezbollah's arsenal. The group is seen as more powerful and better armed than the country's army. “The state must invest in its army, to be able to protect its borders … [and fight against] smuggling and terrorism, and prevent Israeli aggression on the territory.”
UAE President Sheikh Mohamed congratulated Mr Aoun on his election victory and wished him "success in leading his country and its people to further stability, development and progress". He also said he looked forward to working with Mr Aoun to strengthen co-operation between the UAE and Lebanon.
US President Joe Biden also congratulated Mr Aoun, saying he would provide "critical leadership" for Lebanon at a crucial moment following the ceasefire with Israel.
"President Aoun has my confidence. I believe strongly he is the right leader for this time," said Mr Biden.
Under the terms of the ceasefire agreed to in November last year between Israel and Hezbollah after a devastating war that killed about 4,000 people, the Lebanese Armed Forces is one of the main parties entrusted with ensuring Hezbollah disarms south of the Litani River.
The parliamentary session served as a key test of Lebanon's shifting political landscape, with Hezbollah's influence weakened domestically and regionally after Israel's war – in which the group's leader Hassan Nasrallah was killed – and the fall of the regime of its Syrian ally Bashar Al Assad in December.
“Given the regional changes, we have a historic opportunity to discuss with Syria to solve all the problems, especially for respect for the sovereignty of the two countries and the file of the missing, as well as to deal with the refugee file,” he added, referring to the collapse of the Al Assad regime and the more than one million Syrian refugees living in Lebanon.
Mr Aoun became the 14th president after leading the Lebanese army since 2017. Under Lebanon's power-sharing system, established at the end of the civil war by the Taif Agreement, the presidency is reserved for a Maronite Christian, the role of prime minister for a Sunni Muslim and of parliamentary speaker for a Shiite Muslim. Twelve previous attempts to elect a president, the last in June 2023, failed to break the deadlock.
According to Lebanon’s constitution, a candidate must secure a two-thirds majority, or 86 votes, in the first round of parliamentary voting. If no candidate achieves this threshold, a simple majority of 65 votes is enough in subsequent rounds.
A significant hurdle to Mr Aoun’s candidacy was his status as a serving military officer. Article 49 of the Lebanese constitution prohibits public employees, including members of the armed forces, from running for the presidency while in active service. However, his backers successfully pushed for a constitutional amendment to address this.
“Today is what Lebanon should be. It's a democratic image. This democracy should be normal in Lebanon,” Melhem Khalaf, an MP and constitutional expert who took to sleeping in parliament in protest against his colleagues' failure to elect a new president, told The National outside parliament.
Electing a president during the 60-day truce with Israel that expires on January 26 was a key component of the agreement that ended the war with Hezbollah, official sources in Beirut told The National in November.
Politicians faced mounting pressure to avoid jeopardising vital reconstruction aid by failing to elect a head of state. Political sources in Beirut said financing the reconstruction efforts by Arab and western donors depended on electing a president and limiting Hezbollah's political influence.
Still struggling with the fallout from financial collapse in 2019, Lebanon is in dire need of foreign assistance to rebuild after the war. The World Bank estimates that about $8.5 billion in damages and losses resulted from the year-long conflict. Lebanon’s political stalemate had left the country without a head of state since October 2022.
Mr Aoun's election comes just 11 days before US president-elect Donald Trump is sworn into office for a second term.
Washington is likely to cheer the election of Mr Aoun, who is widely regarded as someone America can work with and a reflection of the country’s renewed influence on Lebanon, said Edward Gabriel, president of the American Task Force on Lebanon and a former US ambassador to Morocco.
Mr Gabriel said the Biden administration, led by special envoy Amos Hochstein, has helped to steer Lebanon from the grips of Iran-backed Hezbollah.
“The US has been extremely influential with Lebanon and I think the Lebanese are very grateful for what the Biden administration, Mr Hochstein and a bipartisan Congress have done to be very supportive of the Lebanese Armed Forces," he told The National.
Willy Lowry contributed to this report from Washington
Brief scores:
Toss: Nepal, chose to field
UAE 153-6: Shaiman (59), Usman (30); Regmi 2-23
Nepal 132-7: Jora 53 not out; Zahoor 2-17
Result: UAE won by 21 runs
Series: UAE lead 1-0
Bundesliga fixtures
Saturday, May 16 (kick-offs UAE time)
Borussia Dortmund v Schalke (4.30pm)
RB Leipzig v Freiburg (4.30pm)
Hoffenheim v Hertha Berlin (4.30pm)
Fortuna Dusseldorf v Paderborn (4.30pm)
Augsburg v Wolfsburg (4.30pm)
Eintracht Frankfurt v Borussia Monchengladbach (7.30pm)
Sunday, May 17
Cologne v Mainz (4.30pm),
Union Berlin v Bayern Munich (7pm)
Monday, May 18
Werder Bremen v Bayer Leverkusen (9.30pm)
First Person
Richard Flanagan
Chatto & Windus
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Muslim Council of Elders condemns terrorism on religious sites
The Muslim Council of Elders has strongly condemned the criminal attacks on religious sites in Britain.
It firmly rejected “acts of terrorism, which constitute a flagrant violation of the sanctity of houses of worship”.
“Attacking places of worship is a form of terrorism and extremism that threatens peace and stability within societies,” it said.
The council also warned against the rise of hate speech, racism, extremism and Islamophobia. It urged the international community to join efforts to promote tolerance and peaceful coexistence.
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
Company%C2%A0profile
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Who was Alfred Nobel?
The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.
- In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
- Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
- Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
UAE currency: the story behind the money in your pockets
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
Killing of Qassem Suleimani
KILLING OF QASSEM SULEIMANI
More coverage from the Future Forum
Fund-raising tips for start-ups
Develop an innovative business concept
Have the ability to differentiate yourself from competitors
Put in place a business continuity plan after Covid-19
Prepare for the worst-case scenario (further lockdowns, long wait for a vaccine, etc.)
Have enough cash to stay afloat for the next 12 to 18 months
Be creative and innovative to reduce expenses
Be prepared to use Covid-19 as an opportunity for your business
* Tips from Jassim Al Marzooqi and Walid Hanna