Iran has vowed to respond to US strikes on its nuclear sites but signalled on Sunday it is not shutting the door on diplomacy.
Foreign Minister Abbas Araghchi, speaking at an emergency meeting of the Organisation of Islamic Co-operation (OIC) in Istanbul, accused Washington of “betraying diplomacy” by enabling Israeli attacks on Iranian nuclear sites, then launching direct strikes of its own.
“They crossed a very big red line,” Mr Araghchi said. “I don’t know how much space is left for diplomacy. We are now assessing the damage but my country has been attacked – and we will respond.”
Despite the warning, Mr Araghchi said Iran remained open to negotiations: “The door to diplomacy must remain open."
Iranian President Masoud Pezeshkian took part in a protest in Tehran to denounce the US strikes. An aide to supreme leader Ayatollah Ali Khamenei meanwhile warned that any Middle East base used to strike Iran could be a target for retaliation.
"Any country in the region or elsewhere that is used by American forces to strike Iran will be considered a legitimate target," Ali Akbar Velayati said. The Pentagon said no such bases were used in Sunday's strikes as bombers took off from the US mainland.
The US has signalled that its military operation is complete. Officials in Washington have portrayed the strikes as limited, aimed at containing Iran’s nuclear programme, not toppling the regime.
It marked a dramatic turn after days of debate over whether the Donald Trump administration would join the Israel-Iran conflict directly.
Tehran, however, sees the strikes as a co-ordinated escalation. Mr Araghchi said the US had given Israel the “green light” to launch its initial attacks, and then followed up with its own, breaking any diplomatic trust that remained.
'Regrettable consequences'
For its part, Iran’s Islamic Revolutionary Guard Corps (IRGC) announced it would continue “Operation True Promise 3”, a retaliatory campaign it claims has already involved 20 waves of strikes on Israeli targets.
“In response to this aggression and crime, Operation True Promise 3 will continue in a precise, focused and devastating manner, targeting the regime's infrastructure, strategic centres and interests,” an IRGC statement read.
It warned that US military bases across the region are now "liabilities". The statement added: “The aggression by the terrorist US regime has opened the path to responses that go beyond the delusional calculations of the aggressor front. The invaders of this land should expect regrettable consequences."
At least nine members of the IRGC were killed on Sunday in Israeli attacks on central Iran, local media reported. Attacks on two military centres in the city of Yazd killed seven IRGC personnel and two conscripts, the Tasnim news agency said. Blasts were also heard on Sunday in Tehran, as fighting between Israel and Iran continued for a 10th day.
The strikes have raised fears of wider escalation across the Middle East. Iran has long threatened to target US military assets or close the strategic Strait of Hormuz if attacked directly.
While Tehran’s network of regional proxy groups has been weakened in recent years, officials suggest that channel remains a possible avenue for retaliation.
Mr Araghchi said Tehran is evaluating its response options but suggested Iran would not rush into an all-out conflict.
The developments come amid rising global concern over the potential collapse of the nuclear non-proliferation framework and the further destabilisation of a region already strained by a number of crises.
%E2%80%98FSO%20Safer%E2%80%99%20-%20a%20ticking%20bomb
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Director: Laxman Utekar
Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna
Rating: 1/5
More from Neighbourhood Watch
Section 375
Cast: Akshaye Khanna, Richa Chadha, Meera Chopra & Rahul Bhat
Director: Ajay Bahl
Producers: Kumar Mangat Pathak, Abhishek Pathak & SCIPL
Rating: 3.5/5
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
RESULTS
Bantamweight title:
Vinicius de Oliveira (BRA) bt Xavier Alaoui (MAR)
(KO round 2)
Catchweight 68kg:
Sean Soriano (USA) bt Noad Lahat (ISR)
(TKO round 1)
Middleweight:
Denis Tiuliulin (RUS) bt Juscelino Ferreira (BRA)
(TKO round 1)
Lightweight:
Anas Siraj Mounir (MAR) bt Joachim Tollefsen (DEN)
(Unanimous decision)
Catchweight 68kg:
Austin Arnett (USA) bt Daniel Vega (MEX)
(TKO round 3)
Lightweight:
Carrington Banks (USA) bt Marcio Andrade (BRA)
(Unanimous decision)
Catchweight 58kg:
Corinne Laframboise (CAN) bt Malin Hermansson (SWE)
(Submission round 2)
Bantamweight:
Jalal Al Daaja (CAN) bt Juares Dea (CMR)
(Split decision)
Middleweight:
Mohamad Osseili (LEB) bt Ivan Slynko (UKR)
(TKO round 1)
Featherweight:
Tarun Grigoryan (ARM) bt Islam Makhamadjanov (UZB)
(Unanimous decision)
Catchweight 54kg:
Mariagiovanna Vai (ITA) bt Daniella Shutov (ISR)
(Submission round 1)
Middleweight:
Joan Arastey (ESP) bt Omran Chaaban (LEB)
(Unanimous decision)
Welterweight:
Bruno Carvalho (POR) bt Souhil Tahiri (ALG)
(TKO)
COMPANY%20PROFILE
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23-man shortlist for next six Hall of Fame inductees
Tony Adams, David Beckham, Dennis Bergkamp, Sol Campbell, Eric Cantona, Andrew Cole, Ashley Cole, Didier Drogba, Les Ferdinand, Rio Ferdinand, Robbie Fowler, Steven Gerrard, Roy Keane, Frank Lampard, Matt Le Tissier, Michael Owen, Peter Schmeichel, Paul Scholes, John Terry, Robin van Persie, Nemanja Vidic, Patrick Viera, Ian Wright.
Company%20profile
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The Year Earth Changed
Directed by:Tom Beard
Narrated by: Sir David Attenborough
Stars: 4
Types of bank fraud
1) Phishing
Fraudsters send an unsolicited email that appears to be from a financial institution or online retailer. The hoax email requests that you provide sensitive information, often by clicking on to a link leading to a fake website.
2) Smishing
The SMS equivalent of phishing. Fraudsters falsify the telephone number through “text spoofing,” so that it appears to be a genuine text from the bank.
3) Vishing
The telephone equivalent of phishing and smishing. Fraudsters may pose as bank staff, police or government officials. They may persuade the consumer to transfer money or divulge personal information.
4) SIM swap
Fraudsters duplicate the SIM of your mobile number without your knowledge or authorisation, allowing them to conduct financial transactions with your bank.
5) Identity theft
Someone illegally obtains your confidential information, through various ways, such as theft of your wallet, bank and utility bill statements, computer intrusion and social networks.
6) Prize scams
Fraudsters claiming to be authorised representatives from well-known organisations (such as Etisalat, du, Dubai Shopping Festival, Expo2020, Lulu Hypermarket etc) contact victims to tell them they have won a cash prize and request them to share confidential banking details to transfer the prize money.
SPEC%20SHEET
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FROM%20THE%20ASHES
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Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
Sour%20Grapes
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