President Sheikh Mohamed spoke to US Secretary of State Marco Rubio about the quest for regional peace. Photo: UAE Presidential Court / Reuters
President Sheikh Mohamed spoke to US Secretary of State Marco Rubio about the quest for regional peace. Photo: UAE Presidential Court / Reuters
President Sheikh Mohamed spoke to US Secretary of State Marco Rubio about the quest for regional peace. Photo: UAE Presidential Court / Reuters
President Sheikh Mohamed spoke to US Secretary of State Marco Rubio about the quest for regional peace. Photo: UAE Presidential Court / Reuters

President Sheikh Mohamed calls for two-state solution in talks with US Secretary of State Marco Rubio


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President Sheikh Mohamed stressed the importance of securing "just and comprehensive peace" in the Middle East during a phone call with US Secretary of State Marco Rubio.

The UAE leader underlined the need to maintain security and stability in the region, based on a two-state solution, as the Gaza ceasefire agreement between Hamas and Israel comes under growing pressure.

Sheikh Mohamed and Mr Rubio focused on developments in the Middle East, as well as other international issues, during the talks, state news agency Wam reported on Wednesday.

The two men also discussed ways to strengthen co-operation across various fields as part of the strategic relationship between the nations.

Mr Rubio was appointed Secretary of State in Donald Trump's White House administration last month.

The former Florida senator, who has served on the Senate Foreign Relations Committee, is expected to be a key figure in guiding US foreign policy.

The call took place amid regional concerns over Mr Trump's vow to take over control of Gaza, which has attracted fierce opposition.

The US President on Tuesday said there was “nothing to buy” in the Gaza Strip and that the US will “take it”, reiterating his claim that Arab countries are on board with his plan to displace the Palestinian enclave's population and move them to parcels of land in Jordan, Egypt and “someplace else”.

Speaking alongside Jordan's King Abdullah II at the White House, Mr Trump also said he did not think Hamas would honour a Saturday deadline to release the hostages it still holds, implying the conflict would reignite.

“They either have them out by Saturday at 12 o'clock or all bets are off,” Mr Trump said, shortly after Israeli Prime Minister Benjamin Netanyahu said he was amassing troops inside and outside the Gaza Strip.

Yousef Al Otaiba, UAE ambassador to the US, said at the World Governments Summit in Dubai on Wednesday that the country's diplomatic path was not based on any one president or strategy. When asked about finding common ground with the Trump administration on Gaza, he said the UAE was “going to try”.

“I think the current approach is going to be difficult but, at the end of the day, we're all in the solution-seeking business," he added. "We just don't know where it's going to land yet.”

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Other acts on the Jazz Garden bill

Sharrie Williams
The American singer is hugely respected in blues circles due to her passionate vocals and songwriting. Born and raised in Michigan, Williams began recording and touring as a teenage gospel singer. Her career took off with the blues band The Wiseguys. Such was the acclaim of their live shows that they toured throughout Europe and in Africa. As a solo artist, Williams has also collaborated with the likes of the late Dizzy Gillespie, Van Morrison and Mavis Staples.
Lin Rountree
An accomplished smooth jazz artist who blends his chilled approach with R‘n’B. Trained at the Duke Ellington School of the Arts in Washington, DC, Rountree formed his own band in 2004. He has also recorded with the likes of Kem, Dwele and Conya Doss. He comes to Dubai on the back of his new single Pass The Groove, from his forthcoming 2018 album Stronger Still, which may follow his five previous solo albums in cracking the top 10 of the US jazz charts.
Anita Williams
Dubai-based singer Anita Williams will open the night with a set of covers and swing, jazz and blues standards that made her an in-demand singer across the emirate. The Irish singer has been performing in Dubai since 2008 at venues such as MusicHall and Voda Bar. Her Jazz Garden appearance is career highlight as she will use the event to perform the original song Big Blue Eyes, the single from her debut solo album, due for release soon.

Some of Darwish's last words

"They see their tomorrows slipping out of their reach. And though it seems to them that everything outside this reality is heaven, yet they do not want to go to that heaven. They stay, because they are afflicted with hope." - Mahmoud Darwish, to attendees of the Palestine Festival of Literature, 2008

His life in brief: Born in a village near Galilee, he lived in exile for most of his life and started writing poetry after high school. He was arrested several times by Israel for what were deemed to be inciteful poems. Most of his work focused on the love and yearning for his homeland, and he was regarded the Palestinian poet of resistance. Over the course of his life, he published more than 30 poetry collections and books of prose, with his work translated into more than 20 languages. Many of his poems were set to music by Arab composers, most significantly Marcel Khalife. Darwish died on August 9, 2008 after undergoing heart surgery in the United States. He was later buried in Ramallah where a shrine was erected in his honour.

In numbers: China in Dubai

The number of Chinese people living in Dubai: An estimated 200,000

Number of Chinese people in International City: Almost 50,000

Daily visitors to Dragon Mart in 2018/19: 120,000

Daily visitors to Dragon Mart in 2010: 20,000

Percentage increase in visitors in eight years: 500 per cent

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

Updated: February 12, 2025, 3:24 PM