Live updates: Follow the latest on Israel-Gaza
There is a sense of relief on the streets of Gaza on the second day of the ceasefire, as lorries loaded with essential supplies begin to reach the besieged region. Thousands of Palestinian police officers are on duty to manage traffic and help with the delivery of aid.
Tom Fletcher, the UN under-secretary general for humanitarian affairs, said that more than 630 aid lorries entered Gaza on the first day of the ceasefire, delivering food, medical supplies, and other essentials to address the shortages caused by 15 months of conflict.
The initial days of the ceasefire have brought stability to Gaza. Residents are beginning to experience a return to normality. The combined efforts of local authorities, security forces, and international organisations in co-ordinating aid convoys are making a tangible difference in the lives of those who have suffered for so long.
An official from Gaza’s Ministry of Interior said that it had devised a comprehensive plan to ensure aid reaches the people.
“We sent security forces to escort all aid convoys to their final destinations, including warehouses and distribution points,” the official told The National. “Our goal is to prevent any disruptions and ensure the smooth flow of aid to the citizens.”
He also noted the improved security situation under the ceasefire. “During the conflict, the ministry couldn’t guarantee the safety of aid entering Gaza due to ongoing Israeli attacks. Now, however, the ceasefire allows us to provide the necessary security for these convoys.”
In response to the urgent need for aid, the United Nations Relief and Works Agency UNRWA has mobilised its teams to deliver supplies to shelters and those in immediate need.
“We are ready to deliver life-saving aid as soon as it is allowed into Gaza,” said Inas Hamdan, a representative of UNRWA in Gaza. “The people of Gaza are in desperate need of everything, and even small improvements will make a significant difference in their lives.”
Since yesterday, we’ve seen a significant flow of trucks into both northern and southern Gaza
WFP employee
The World Food Programme also began setting up aid distribution immediately after approval. A WFP employee said that the organisation had prepared for large shipments of supplies well before the ceasefire, creating lists for distribution across the population.
“Since yesterday, we’ve seen a significant flow of trucks into both northern and southern Gaza,” the employee told The National. “We’re updating our distribution plans, especially with the anticipated return of displaced persons. We’re co-ordinating closely with Gaza’s security forces to ensure aid reaches its intended recipients.”
For many Gaza residents, the arrival of aid has brought a glimmer of hope. Mohammed Al Shobaki, 35, expressed his gratitude after receiving a food parcel from the Ministry of Social Development.
“For a long time, I hadn’t received any aid, so when I got a message to collect assistance, I was relieved,” he told The National. “The food parcel contained essential items that are critical to our survival right now.”
He is cautiously optimistic. “This aid is just the beginning. We need more supplies to address the catastrophic situation we’ve endured—war, famine, and shortages. Hopefully, this marks the start of better days ahead.”
While challenges remain, the arrival of aid and the drop in prices offer a hopeful sign for a population that has endured months of conflict, hardship, and uncertainty. With continued support, Gaza’s residents are hopeful that their lives can slowly begin to recover.
Mohsen Badr, 32, a resident of Gaza City, also noticed positive changes in the local market. “Since the truce began, prices have dropped significantly, especially for basic goods like flour, sugar, and cooking oil,” Mr Badr told The National.
“The market is now filled with goods, which wasn’t the case during the war when supplies were scarce. The influx of trucks into northern Gaza has really helped replenish the market,” he added. “Yesterday, aid trucks kept arriving in large numbers — something we’ve never seen before.”
Mr Badr, who visited Al Sahaba Market, noted that prices were now reasonable and that new items had arrived. “I expect the situation to continue improving as aid and goods continue to arrive. People are eager to buy everything they can after everything we’ve been through.”
The burning issue
The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.
Read part four: an affection for classic cars lives on
Read part three: the age of the electric vehicle begins
Read part one: how cars came to the UAE
Company%20profile
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Suggested picnic spots
Abu Dhabi
Umm Al Emarat Park
Yas Gateway Park
Delma Park
Al Bateen beach
Saadiyaat beach
The Corniche
Zayed Sports City
Dubai
Kite Beach
Zabeel Park
Al Nahda Pond Park
Mushrif Park
Safa Park
Al Mamzar Beach Park
Al Qudrah Lakes
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
COMPANY%20PROFILE
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UFC%20FIGHT%20NIGHT%3A%20SAUDI%20ARABIA%20RESULTS
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Why it pays to compare
A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.
Route 1: bank transfer
The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.
Total cost: Dh567.25 - around 2.9 per cent of the total amount
Total received: €4,670.30
Route 2: online platform
The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.
Total cost: Dh74.10, around 0.4 per cent of the transaction
Total received: €4,756
The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.