A camp for tens of thousands of displaced Palestinians in Gaza City. AP
A camp for tens of thousands of displaced Palestinians in Gaza City. AP
A camp for tens of thousands of displaced Palestinians in Gaza City. AP
A camp for tens of thousands of displaced Palestinians in Gaza City. AP

Qatar and Egypt say Gaza war mediation efforts continue despite escalation


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Live updates: Follow the latest on Israel-Gaza

Qatar and Egypt on Wednesday said their efforts to mediate in the Gaza war were continuing, and the two countries are working closely with the US to end the humanitarian crisis in the enclave.

“Mediation efforts in the Gaza Strip remain ongoing, consistent, and grounded in a unified vision aimed at ending the unprecedented humanitarian crisis,” the countries said in a joint statement.

Delegations from the US, Egypt and Qatar have since March been trying without success to mediate a new truce but neither Israel nor Hamas have shown any willingness to soften their conditions.

“The two countries emphasise that attempts to sow discord among brotherly nations – whether through the casting of doubt, distortion, or media escalation – will not succeed,” Qatar and Egypt said.

Since March, Israel has prevented any food, water, shelter or medical supplies from being delivered into the Palestinian territory, where the UN says most of the population is reliant on humanitarian aid to survive.

Doha and Cairo said they were closely co-ordinating with Washington “to reach an agreement that will bring an end to the humanitarian tragedy and ensure the protection of civilians”.

The statement comes days after Israel announced it was expanding its war operations in Gaza. Sources told The National on Monday that Israel is planning to push the entire population of Gaza to a “safe zone” in the south of the enclave where it will distribute so little humanitarian aid that many Palestinians might opt to leave the territory.

Hamas on Tuesday dismissed as pointless ceasefire talks with Israel, accusing it of waging a “hunger war” on Gaza as famine looms and amid the new plans. “There is no sense in engaging in talks or considering new ceasefire proposals as long as the hunger war and extermination war continue in the Gaza Strip,” senior Hamas official Basem Naim told AFP.

While Israel's new war plans have not been officially announced, they are believed to include a wider ground operation and an indefinite “conquest” of Gaza. Hamas issued a warning that the new military plans would endanger the lives of Israeli hostages held by the Palestinian group.

Several foreign governments expressed concern over Israel's latest moves. The plan is being boycotted by the UN and other international NGOs who say they will not be complicit in military action.

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Suarez (10'), Messi (52')

Real Madrid 2
Ronaldo (14'), Bale (72')

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

The specs

Engine: 3.8-litre twin-turbo V8

Power: 611bhp

Torque: 620Nm

Transmission: seven-speed automatic

Price: upon application

On sale: now

The specs: 2018 Maserati Levante S

Price, base / as tested: Dh409,000 / Dh467,000

Engine: 3.0-litre V6

Transmission: Eight-speed automatic

Power: 430hp @ 5,750rpm

Torque: 580Nm @ 4,500rpm

Fuel economy, combined: 10.9L / 100km

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Quick facts on cancer
  • Cancer is the second-leading cause of death worldwide, after cardiovascular diseases 
  •  About one in five men and one in six women will develop cancer in their lifetime 
  • By 2040, global cancer cases are on track to reach 30 million 
  • 70 per cent of cancer deaths occur in low and middle-income countries 
  • This rate is expected to increase to 75 per cent by 2030 
  • At least one third of common cancers are preventable 
  • Genetic mutations play a role in 5 per cent to 10 per cent of cancers 
  • Up to 3.7 million lives could be saved annually by implementing the right health
    strategies 
  • The total annual economic cost of cancer is $1.16 trillion

   

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6.30pm Maiden Dh165,000 (Dirt) 1,200

7.05pm Handicap Dh165,000 (D) 1,600m

7.40pm Maiden Dh165,000 (D) 1,600m

8.15pm Handicap Dh190,000 (D) 1,600m

8.50pm Handicap Dh175,000 (D) 1,400m

9.25pm Handicap Dh175,000 (D) 2,000m

 

The National selections:

6.30pm Underwriter

7.05pm Rayig

7.40pm Torno Subito

8.15pm Talento Puma

8.50pm Etisalat

9.25pm Gundogdu

The Bloomberg Billionaire Index in full

1 Jeff Bezos $140 billion
2 Bill Gates $98.3 billion
3 Bernard Arnault $83.1 billion
4 Warren Buffett $83 billion
5 Amancio Ortega $67.9 billion
6 Mark Zuckerberg $67.3 billion
7 Larry Page $56.8 billion
8 Larry Ellison $56.1 billion
9 Sergey Brin $55.2 billion
10 Carlos Slim $55.2 billion

The biog

Name: Capt Shadia Khasif

Position: Head of the Criminal Registration Department at Hatta police

Family: Five sons and three daughters

The first female investigator in Hatta.

Role Model: Father

She believes that there is a solution to every problem

 

Breast cancer in men: the facts

1) Breast cancer is men is rare but can develop rapidly. It usually occurs in those over the ages of 60, but can occasionally affect younger men.

2) Symptoms can include a lump, discharge, swollen glands or a rash. 

3) People with a history of cancer in the family can be more susceptible. 

4) Treatments include surgery and chemotherapy but early diagnosis is the key. 

5) Anyone concerned is urged to contact their doctor

 

The specs: 2018 BMW R nineT Scrambler

Price, base / as tested Dh57,000

Engine 1,170cc air/oil-cooled flat twin four-stroke engine

Transmission Six-speed gearbox

Power 110hp) @ 7,750rpm

Torque 116Nm @ 6,000rpm

Fuel economy, combined 5.3L / 100km

 


 

Profile of MoneyFellows

Founder: Ahmed Wadi

Launched: 2016

Employees: 76

Financing stage: Series A ($4 million)

Investors: Partech, Sawari Ventures, 500 Startups, Dubai Angel Investors, Phoenician Fund

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Updated: May 07, 2025, 11:17 AM