US Defence Secretary Pete Hegseth. Bloomberg
US Defence Secretary Pete Hegseth. Bloomberg
US Defence Secretary Pete Hegseth. Bloomberg
US Defence Secretary Pete Hegseth. Bloomberg

US Defence Secretary Hegseth warns Iran against supporting Houthis


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US Defence Secretary Pete Hegseth has warned Iran against supporting the Houthis, saying Tehran “will pay the consequence at the time and place of our choosing”.

The threat comes as the US engages in talks with Iran over its nuclear programme. The two sides have so far held three rounds of indirect talks, mediated by Oman, aimed at sealing a deal that would block Tehran from acquiring a nuclear weapon but lift economic sanctions imposed by Washington. They will reconvene in Rome on Saturday.

“Message to IRAN: We see your LETHAL support to The Houthis. We know exactly what you are doing,” Mr Hegseth wrote on X. “You know very well what the US Military is capable of – and you were warned. You will pay the CONSEQUENCE at the time and place of our choosing.”

Mr Hegseth, on his personal X account, later reposted a message from Donald Trump from March in which the US President said he would hold Iran responsible for any attacks carried out by the Houthi group.

Iran's leader has previously said the Houthis act independently.

The rebel group controls large parts of northern Yemen and has struck shipping in the Red Sea in what it says is a campaign of solidarity with the Palestinians over the war in Gaza.

The US has carried out air strikes on more than 1,000 Houthi targets since it intensified a bombing campaign against the group in March.

A Yemeni man checks the rubble of a building hit by US air strikes in the northern province of Saada. AFP
A Yemeni man checks the rubble of a building hit by US air strikes in the northern province of Saada. AFP

On Monday the Houthis said a US strike on a detention centre for African migrants in Yemen's northern Saada governorate killed 68 people. Washington did not comment.

While both Tehran and Washington have said they are set on pursuing diplomacy, they remain far apart on the nuclear dispute, which has rumbled on for more than two decades.

Mr Trump last month said “I think we're going to make a deal with Iran”, but he repeated a threat of military action if diplomacy fails.

Before the next round of talks on Saturday, Iran will meet the E3 group of European countries on Friday for separate talks in Rome. The E3 comprises the UK, France and Germany.

The three nations were parties to a 2015 nuclear deal with Iran that fell apart when Washington withdrew in 2018 during Mr Trump's first term as President. Attempts to revive the deal were made in 2021 with talks in Vienna but ultimately failed under the Biden administration.

Since then, European countries have largely remained sidelined from the talks.

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Stormy seas

Weather warnings show that Storm Eunice is soon to make landfall. The videographer and I are scrambling to return to the other side of the Channel before it does. As we race to the port of Calais, I see miles of wire fencing topped with barbed wire all around it, a silent ‘Keep Out’ sign for those who, unlike us, aren’t lucky enough to have the right to move freely and safely across borders.

We set sail on a giant ferry whose length dwarfs the dinghies migrants use by nearly a 100 times. Despite the windy rain lashing at the portholes, we arrive safely in Dover; grateful but acutely aware of the miserable conditions the people we’ve left behind are in and of the privilege of choice. 

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Director: Saeed Roustaee

Starring: Parinaz Izadyar, Payman Maadi

Rating: 4/5

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Zakat definitions

Zakat: an Arabic word meaning ‘to cleanse’ or ‘purification’.

Nisab: the minimum amount that a Muslim must have before being obliged to pay zakat. Traditionally, the nisab threshold was 87.48 grams of gold, or 612.36 grams of silver. The monetary value of the nisab therefore varies by current prices and currencies.

Zakat Al Mal: the ‘cleansing’ of wealth, as one of the five pillars of Islam; a spiritual duty for all Muslims meeting the ‘nisab’ wealth criteria in a lunar year, to pay 2.5 per cent of their wealth in alms to the deserving and needy.

Zakat Al Fitr: a donation to charity given during Ramadan, before Eid Al Fitr, in the form of food. Every adult Muslim who possesses food in excess of the needs of themselves and their family must pay two qadahs (an old measure just over 2 kilograms) of flour, wheat, barley or rice from each person in a household, as a minimum.

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Power: Combined output 920hp

Torque: 730Nm at 4,000-7,000rpm

Transmission: 8-speed dual-clutch automatic

Fuel consumption: 11.2L/100km

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The specs
  • Engine: 3.9-litre twin-turbo V8
  • Power: 640hp
  • Torque: 760nm
  • On sale: 2026
  • Price: Not announced yet
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The new speaker of Iraq’s parliament Mohammed Al Halbousi is the youngest person ever to serve in the role.

The 37-year-old was born in Al Garmah in Anbar and studied civil engineering in Baghdad before going into business. His development company Al Hadeed undertook reconstruction contracts rebuilding parts of Fallujah’s infrastructure.

He entered parliament in 2014 and served as a member of the human rights and finance committees until 2017. In August last year he was appointed governor of Anbar, a role in which he has struggled to secure funding to provide services in the war-damaged province and to secure the withdrawal of Shia militias. He relinquished the post when he was sworn in as a member of parliament on September 3.

He is a member of the Al Hal Sunni-based political party and the Sunni-led Coalition of Iraqi Forces, which is Iraq’s largest Sunni alliance with 37 seats from the May 12 election.

He maintains good relations with former Prime Minister Nouri Al Maliki’s State of Law Coaliton, Hadi Al Amiri’s Badr Organisation and Iranian officials.

The specs: 2017 Maserati Quattroporte

Price, base / as tested Dh389,000 / Dh559,000

Engine 3.0L twin-turbo V8

Transmission Eight-speed automatic

Power 530hp @ 6,800rpm

Torque 650Nm @ 2,000 rpm

Fuel economy, combined 10.7L / 100km

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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  • Premier League-standard football pitch
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  • Disruption Lab and Research Centre for developing entrepreneurial skills
Punchy appearance

Roars of support buoyed Mr Johnson in an extremely confident and combative appearance

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Tamkeen's offering
  • Option 1: 70% in year 1, 50% in year 2, 30% in year 3
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  • Option 3: 30% across five years 
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Updated: May 01, 2025, 6:57 AM