Pro-Palestinian protesters gather outside New York University buildings on May 3, 2024. Getty Images / AFP
Pro-Palestinian protesters gather outside New York University buildings on May 3, 2024. Getty Images / AFP
Pro-Palestinian protesters gather outside New York University buildings on May 3, 2024. Getty Images / AFP
Pro-Palestinian protesters gather outside New York University buildings on May 3, 2024. Getty Images / AFP

Trump signs order that cancels student visas and deports pro-Palestinian protesters


Jihan Abdalla
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US President Donald Trump on Wednesday signed an executive order that would revoke the visas of foreign students and others who took part in pro-Palestinian protests, as part of an effort to combat anti-Semitism.

An advance fact sheet seen by The National said the Justice Department would take “immediate action” to prosecute “terroristic threats, arson, vandalism and violence against American Jews”.

The document said the order would authorise federal resources to combat an “explosion of anti-Semitism on our campuses and streets", after the October 7, 2023, Hamas-led attack on Israel that killed 1,200 people and led to the 15-month war on Gaza.

“To all the resident aliens who joined in the … protests, we put you on notice: come 2025, we will find you and we will deport you,” Mr Trump wrote in the fact sheet. “I will also quickly cancel the student visas of all Hamas sympathisers on college campuses, which have been infested with radicalism like never before.”

Israel's war on Gaza, which has killed more than 47,400 Palestinians and reduced much of coastal territory to rubble, started widespread protests on US college campuses.

Student groups set up tent camps and staged sit-ins and protests as they demanded a ceasefire, a US arms embargo on Israel, and called on their universities to severe ties with Israel and Israeli institutions.

Universities, including prestigious facilities such as Columbia and NYU, moved to crack down on pro-Palestinian student activism, saying many of the slogans and intentions were anti-Semitic, and their acts were disrupting classes.

Civil rights groups and law-enforcement agencies have documented a rise in anti-Semitism as well as rising anti-Arab, Islamophobic and anti-Palestinian incidents across the country.

The order requires federal authorities and agency leaders to provide the White House with recommendations within 60 days on ways for authorities to combat anti-Semitism and “quell pro-Hamas vandalism and intimidation, and investigate and punish anti-Jewish racism in leftist, anti-American colleges and universities.”

Most pro-Palestinian student protesters – many of whom have been progressive Jews – deny that they support Hamas or are being anti-Semitic. They say they are exercising their right to protest against Israel's war on Gaza, and the US government's continued support for it.

Jewish Voice for Peace, a progressive advocacy group at the forefront of Jewish student activism, denounced the order as "a vile attempt to sow fear and crush political dissent to the US-backed Israeli genocide of Palestinians in Gaza".

"We stand with the student protesters who so bravely put their bodies and academic careers on the line to save lives and demand an end to the Israeli military’s destruction of Gaza," Stefanie Fox, JVP's executive director, said in a statement on Wednesday.

"As Jews, we refuse to be pawns in the far-right’s authoritarian takeover. Trump and his cronies do not care about Jewish safety – in fact, they and the White Nationalists who support them are themselves the greatest threat to American Jews."

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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

Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

7.

Singapore

8.

Australia

9.

Saudi Arabia

10.

South Korea

Why it pays to compare

A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.

Route 1: bank transfer

The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.

Total cost: Dh567.25 - around 2.9 per cent of the total amount

Total received: €4,670.30 

Route 2: online platform

The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.

Total cost: Dh74.10, around 0.4 per cent of the transaction

Total received: €4,756

The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.

What are the main cyber security threats?

Cyber crime - This includes fraud, impersonation, scams and deepfake technology, tactics that are increasingly targeting infrastructure and exploiting human vulnerabilities.
Cyber terrorism - Social media platforms are used to spread radical ideologies, misinformation and disinformation, often with the aim of disrupting critical infrastructure such as power grids.
Cyber warfare - Shaped by geopolitical tension, hostile actors seek to infiltrate and compromise national infrastructure, using one country’s systems as a springboard to launch attacks on others.

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Updated: January 29, 2025, 11:15 PM