Lebanon's new government secured a vote of confidence from the country's parliament on Wednesday, supporting a ministerial statement which scrapped the term “armed resistance” while vowing to establish a state monopoly on arms – a major break from past policies.
After Prime Minister Nawaf Salam responded to statements of MPs, a vote was held, with the government receiving 95 votes of confidence, 12 votes of no confidence and four abstentions.
The statement, presented by the Prime Minister, pledged to extend “state sovereignty across all its territories exclusively with its own forces”.
It also committed to deploying the army “in internationally recognised Lebanese border areas” and emphasised the need to implement a commitment by President Joseph Aoun on “the state’s duty to monopolise the bearing of weapons” and “deciding on war and peace”.
The cabinet secured the absolute majority required, breaking two years of political deadlock and allowing the new administration to begin passing legislation and making major appointments to the judiciary, security forces and central bank.
The statement was seen as an unprecedented political setback for Hezbollah, an Iran-backed militia and influential Lebanese political party, which has been significantly weakened after months of fighting with Israel, including two months of full-scale war, which ended in November. The conflict has left the group in tatters, decimating most of its top leadership and arsenal.
Hezbollah is the only armed group that has not disarmed since the end of Lebanon’s civil war. The issue has deeply polarised the country’s political scene.
On Tuesday, Hezbollah's parliamentary bloc said that it supported Lebanon's new government. “We are keen on co-operating to the greatest extent to preserve national sovereignty and its stability and achieve reforms and take the state forward,” Mohammed Raad, the head of Hezbollah’s parliamentary bloc, said ahead of the two-day parliamentary session that began on Tuesday.
Hezbollah’s weakening allowed for the election of Mr Aoun, seen as the US-backed candidate, after more than two years of political deadlock, as well as the formation of a government led by Mr Salam, who Hezbollah initially opposed.
This new leadership has been widely viewed as a political blow to the Iran-backed group, which has long played a pivotal role in Lebanese politics, and without whose approval no major political decision could be made.
The ministerial statement also vowed to adopt a “foreign policy that works to make Lebanon neutral from axis conflicts” and ensure “Lebanon is not used as a platform for attacking” Arab and friendly countries.
Hezbollah is part of the so-called Iranian-led “Axis of Resistance”, an alliance that includes Yemen's Houthis, Hamas in Gaza and Shiite militia groups in Iraq, committed to fight the influence of Israel and the US.
The group also insisted on the government’s commitment to liberating Lebanese territories from Israeli occupation. Israel has maintained control over five key points in southern Lebanon despite a ceasefire agreement calling for a full withdrawal from territories occupied after its ground invasion in October.
Saudi Arabia's Crown Prince Mohammed bin Salman congratulated Mr Salam on the government formation.
"The crown prince wished the Lebanese prime minister success and the brotherly Lebanese people further progress and prosperity," the ministry said in a statement carried by the official Saudi Press Agency.
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Other workplace saving schemes
- The UAE government announced a retirement savings plan for private and free zone sector employees in 2023.
- Dubai’s savings retirement scheme for foreign employees working in the emirate’s government and public sector came into effect in 2022.
- National Bonds unveiled a Golden Pension Scheme in 2022 to help private-sector foreign employees with their financial planning.
- In April 2021, Hayah Insurance unveiled a workplace savings plan to help UAE employees save for their retirement.
- Lunate, an Abu Dhabi-based investment manager, has launched a fund that will allow UAE private companies to offer employees investment returns on end-of-service benefits.
Mohammed bin Zayed Majlis
The specs: 2018 Opel Mokka X
Price, as tested: Dh84,000
Engine: 1.4L, four-cylinder turbo
Transmission: Six-speed auto
Power: 142hp at 4,900rpm
Torque: 200Nm at 1,850rpm
Fuel economy, combined: 6.5L / 100km
if you go
The flights
Emirates have direct flights from Dubai to Glasgow from Dh3,115. Alternatively, if you want to see a bit of Edinburgh first, then you can fly there direct with Etihad from Abu Dhabi.
The hotel
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Located in the heart of Mackintosh's Glasgow, the Dakota Deluxe is perhaps the most refined hotel anywhere in the city. Doubles from Dh850
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Events and tours
There are various Mackintosh specific events throughout 2018 – for more details and to see a map of his surviving designs see glasgowmackintosh.com
For walking tours focussing on the Glasgow Style, see the website of the Glasgow School of Art.
More information
For ideas on planning a trip to Scotland, visit www.visitscotland.com
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Top investing tips for UAE residents in 2021
Build an emergency fund: Make sure you have enough cash to cover six months of expenses as a buffer against unexpected problems before you begin investing, advises Steve Cronin, the founder of DeadSimpleSaving.com.
Think long-term: When you invest, you need to have a long-term mindset, so don’t worry about momentary ups and downs in the stock market.
Invest worldwide: Diversify your investments globally, ideally by way of a global stock index fund.
Is your money tied up: Avoid anything where you cannot get your money back in full within a month at any time without any penalty.
Skip past the promises: “If an investment product is offering more than 10 per cent return per year, it is either extremely risky or a scam,” Mr Cronin says.
Choose plans with low fees: Make sure that any funds you buy do not charge more than 1 per cent in fees, Mr Cronin says. “If you invest by yourself, you can easily stay below this figure.” Managed funds and commissionable investments often come with higher fees.
Be sceptical about recommendations: If someone suggests an investment to you, ask if they stand to gain, advises Mr Cronin. “If they are receiving commission, they are unlikely to recommend an investment that’s best for you.”
Get financially independent: Mr Cronin advises UAE residents to pursue financial independence. Start with a Google search and improve your knowledge via expat investing websites or Facebook groups such as SimplyFI.
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
Going grey? A stylist's advice
If you’re going to go grey, a great style, well-cared for hair (in a sleek, classy style, like a bob), and a young spirit and attitude go a long way, says Maria Dowling, founder of the Maria Dowling Salon in Dubai.
It’s easier to go grey from a lighter colour, so you may want to do that first. And this is the time to try a shorter style, she advises. Then a stylist can introduce highlights, start lightening up the roots, and let it fade out. Once it’s entirely grey, a purple shampoo will prevent yellowing.
“Get professional help – there’s no other way to go around it,” she says. “And don’t just let it grow out because that looks really bad. Put effort into it: properly condition, straighten, get regular trims, make sure it’s glossy.”
From Zero
Artist: Linkin Park
Label: Warner Records
Number of tracks: 11
Rating: 4/5
Profile Idealz
Company: Idealz
Founded: January 2018
Based: Dubai
Sector: E-commerce
Size: (employees): 22
Investors: Co-founders and Venture Partners (9 per cent)