Live updates: Follow the latest on Israel-Gaza
The White House on Thursday said that gaps in ceasefire negotiations in the Israel-Gaza war were “narrow enough” and could soon be closed, though the details were still being hammered out.
National Security Council spokesman John Kirby told The National that Israel and Hamas, as well as intermediaries from Qatar, Egypt and the US, had held “meaningful discussions” in Doha and Cairo about the latest proposal.
“It was good that all sides came to Cairo and we were able to have a meaningful discussion about the proposal that's on the table,” Mr Kirby said from the sidelines of the Nato summit in Washington.
“The gaps are narrow enough that they can and should be closed, hopefully soon, and we can get six weeks of calm in Gaza.”
President Joe Biden in May laid out a three-phase approach that would lead to a permanent end to the nine-month-long war in Gaza.
In the first phase, fighting would be halted for a six-week period, during which some of the hostages held by Hamas would be released and much-needed humanitarian aid would be delivered to the besieged strip.
“We want the war to end as soon as possible,” Mr Kirby said.
Israel launched a punishing military campaign on Gaza on October 7, after Hamas gunmen attacked southern Israel, killing 1,200 people.
More than 38,300 Palestinians have been killed in Israeli strikes. The majority of Gaza's 2.3 million residents have been displaced, and much of the enclave's infrastructure and built-up areas have been reduced to rubble. For weeks, aid groups have warned of a worsening famine.
The temporary pier installed by the US to deliver aid to desperate Palestinians will soon cease operations after weeks of rough seas and a recent failed reinstallation, the Pentagon said on Thursday.
Sources told The National that Yemen's Houthi rebels and Iraqi militias have informed their ally Hamas they will cease attacks on Israeli targets if a ceasefire is reached in Gaza.
The move would provide the Palestinian faction greater flexibility during negotiations, according to the sources, who added the development came after Hamas and Israel had made “significant concessions” during intense talks in recent days.
For months, US mediators and their Arab counterparts in Egypt and Qatar have been trying to broker a ceasefire in Gaza, but efforts have stalled.
Only one temporary truce was reached since the war's start, ending in December after about a week. Roughly 100 hostages held by Hamas were released in exchange for Palestinians in Israeli prisons during that time.
The developments come as the US is increasingly concerned that the war in Gaza will spread into the wider region. Fear is especially mounting over an all-out war between Israel and Lebanon, as cross-border fighting between the Israeli army and Hezbollah continue.
“We are obviously concerned about the increasing tensions on that northern front,” Mr Kirby said, adding that a full-blown war would “not only be horrible for the Israeli people, but for the Lebanese people as well”.
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
SPEC%20SHEET%3A%20APPLE%20IPHONE%2015%20PRO%20MAX
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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
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if you go
The flights
Etihad, Emirates and Singapore Airlines fly direct from the UAE to Singapore from Dh2,265 return including taxes. The flight takes about 7 hours.
The hotel
Rooms at the M Social Singapore cost from SG $179 (Dh488) per night including taxes.
The tour
Makan Makan Walking group tours costs from SG $90 (Dh245) per person for about three hours. Tailor-made tours can be arranged. For details go to www.woknstroll.com.sg