An explosion of a drone is seen in the sky over Kyiv on May 4. Reuters
An explosion of a drone is seen in the sky over Kyiv on May 4. Reuters
An explosion of a drone is seen in the sky over Kyiv on May 4. Reuters
An explosion of a drone is seen in the sky over Kyiv on May 4. Reuters


Kyiv's relative normality has vanished as pressure builds and the fighting resumes


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  • Arabic

May 08, 2023

Returning to Kyiv last week after months away, I found the Ukrainian capital alive with the first warm days of the season. The city’s famed chestnut trees were in bloom and crowds filled the sidewalks amid reports that the population has returned to pre-war levels.

With the curfew extended to midnight, evenings are also abuzz. The day I arrived in town I met friends for outdoor drinks and dancing late into the night. A few days later Jamala, the Crimean Tatar singer who won Eurovision 2016, played with the national symphony orchestra at Kyiv’s opera house. But all that normality was shattered with a series of blasts over central Kyiv in the wee hours of Thursday.

Ukraine’s defences had shot down more than a dozen Russian drones, I later learnt, and the days of fierce fighting may have finally returned.

Russia has controlled 17 per cent of Ukrainian land since November, according to western analysts, and with neither side willing to negotiate, the conflict had essentially reached a stalemate. Consider that we’re nearing mid-May and no sizable chunk of territory has changed hands this year.

Weather is partially to blame. Ukraine’s unusually wet spring halted its long-awaited counter-offensive before it began. The Dnipro river, which hit a 30-year low last winter after Russia damaged a major dam, has overflowed its banks in several parts of Kyiv.

Cherry blossoms next to trenches in a park in Kyiv on May 4. Reuters
Cherry blossoms next to trenches in a park in Kyiv on May 4. Reuters

A deep, swamp-like mud covers much of the country’s east. “It jams weapons and steals the boots from soldiers’ feet,” The New York Times reported last week. “Wheels and treads spin and spin, only digging military vehicles deeper into the mire.” Videos on social media show Ukrainian troops endeavouring to pull their own tanks out of knee-high muck.

To be clear, major bombings and exchanges of fire have continued. But with Ukraine’s counter-offensive on hold and Russia saying it has no plans for a major offensive, frontline fighting seemed to recede into the background.

Lately it’s been more a conflict of posturing and persuasion, need and narrative, as tensions build towards a boil. Yevgeny Prigozhin, head of the Russian paramilitary Wagner Group, underscored these pressures in Telegram videos last week. He threatened to withdraw his forces from Bakhmut on May 10, the day after Russia’s biggest military holiday, if Moscow failed to provide adequate support.

Many have argued that Russia wanted full control of Bakhmut by May 9, so as to have a win to celebrate on Victory Day, which is marked by a massive parade on Red Square. In fact, hours after Mr Prigozhin’s withdrawal threat, Russia lit up much of Bakhmut with incendiary bombs, hinting at a new scorched earth approach. However, the next day Ukrainian forces blunted Russian assaults on several areas of western Bakhmut, before the Kremlin reportedly vowed to send Mr Prigozhin all the weapons his unit needs.

Yet the shift to a new fighting phase likely started a few days before, with duelling rogue drones over the combatants’ capitals. After two drones exploded over the Kremlin last Wednesday, Russia charged Ukraine with attempting to assassinate President Vladimir Putin.

Russia later blamed the US for the attack, while its critics said Moscow had staged the attack itself to frame Kyiv. As that he-said she-said raged, central Kyiv stared down its own surprise drone threat. Late Thursday afternoon, as countless TikTok videos attest, a Turkish-made Bayraktar TB2 zipped over Independence Square before being blasted into a fiery blaze, spurring oohs and aaahs as at a fireworks show.

Ukraine’s military later acknowledged downing its own drone and said it would investigate how it came to be flying over Kyiv. Ukraine was soon able to counter-balance that gaffe with the news that its air force last week shot down Russia’s supposedly unstoppable Kinzhal missile over Kyiv.

An American-made Patriot missile, which only arrived in Ukraine last month, had intercepted the Kinzhal, which many analysts saw as beyond the capabilities of air defence systems due to its hypersonic speed. This strike upended that thinking and surely gives Ukraine confidence as it readies its counter-offensive.

The question now is, which bit of territory will Ukrainian forces target? Some say the focus will be on the Zaporizhzhia region, from which Russian occupation authorities began evacuating civilians this week. Others are convinced Ukraine aims to retake parts of Donetsk and Luhansk that Russia has held for nearly a decade.

The pressure on Kyiv is massive, particularly considering the spectacular success of last year’s counter-offensive. Should this one fail, or even fall short, western support could sag, potentially dooming Ukraine to defeat. For this reason, Kyiv is probably readying a bold move that could decide the war. Analysts have in recent days begun talking up Ukraine’s counter-offensive as potentially stunning and historic.

My best guess is that Ukraine will soon launch a massive assault with the ultimate objective of retaking Crimea. It could start on Victory Day, when the Kremlin will be pre-occupied with pageantry, or soon after.

The likeliest route is to push south of the Dnipro from Zaporizhzhia towards Melitopol, aiming to secure control of the nuclear power plant, sever Russia’s land bridge to Crimea and isolate the peninsula. Ukraine might then inch west, take control of all routes in and besiege Crimea until Russia breaks.

Russia’s 2014 annexation of Crimea helped rejuvenate Mr Putin’s presidency and was seen as a significant win for Moscow; losing it would be a major blow. Russia has in recent months built a maze of trenches along the peninsula’s northern rim, suggesting it expects to defend Crimea soon.

Ukrainian leaders have repeatedly made clear that Crimea is non-negotiable and the government is known to have developed plans and established working groups for its de-occupation and reintegration. Ukrainian drones have in recent days mounted three separate attacks on Russian targets in Crimea, probably to test their foe’s defences. The spokesperson for Ukraine’s southern command described the strikes as “preparation for the broad, full-scale offensive".

Kyiv woke yet again to air-raid sirens and explosions on Monday, the start of what should be Ukraine’s week on the world cultural stage as host of Eurovision. Instead, this year’s event is in Liverpool, where Jamala will play her new album – Qirim (“Crimea”), to which 80 Crimean musicians contributed – live on Thursday.

One way or another, Crimea may soon loom large.

Abu Dhabi GP Saturday schedule

12.30pm GP3 race (18 laps)

2pm Formula One final practice 

5pm Formula One qualifying

6.40pm Formula 2 race (31 laps)

Russia's Muslim Heartlands

Dominic Rubin, Oxford

Afghanistan squad

Gulbadin Naib (captain), Mohammad Shahzad (wicketkeeper), Noor Ali Zadran, Hazratullah Zazai, Rahmat Shah, Asghar Afghan, Hashmatullah Shahidi, Najibullah Zadran, Samiullah Shinwari, Mohammad Nabi, Rashid Khan, Dawlat Zadran, Aftab Alam, Hamid Hassan, Mujeeb Ur Rahman.

Frankenstein in Baghdad
Ahmed Saadawi
​​​​​​​Penguin Press

MATCH INFO

Uefa Champions League final:

Who: Real Madrid v Liverpool
Where: NSC Olimpiyskiy Stadium, Kiev, Ukraine
When: Saturday, May 26, 10.45pm (UAE)
TV: Match on BeIN Sports

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About Seez

Company name/date started: Seez, set up in September 2015 and the app was released in August 2017  

Founder/CEO name(s): Tarek Kabrit, co-founder and chief executive, and Andrew Kabrit, co-founder and chief operating officer

Based in: Dubai, with operations also in Kuwait, Saudi Arabia and Lebanon 

Sector:  Search engine for car buying, selling and leasing

Size: (employees/revenue): 11; undisclosed

Stage of funding: $1.8 million in seed funding; followed by another $1.5m bridge round - in the process of closing Series A 

Investors: Wamda Capital, B&Y and Phoenician Funds 

Should late investors consider cryptocurrencies?

Wealth managers recommend late investors to have a balanced portfolio that typically includes traditional assets such as cash, government and corporate bonds, equities, commodities and commercial property.

They do not usually recommend investing in Bitcoin or other cryptocurrencies due to the risk and volatility associated with them.

“It has produced eye-watering returns for some, whereas others have lost substantially as this has all depended purely on timing and when the buy-in was. If someone still has about 20 to 25 years until retirement, there isn’t any need to take such risks,” Rupert Connor of Abacus Financial Consultant says.

He adds that if a person is interested in owning a business or growing a property portfolio to increase their retirement income, this can be encouraged provided they keep in mind the overall risk profile of these assets.

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MATCH INFO

Uefa Champions League quarter-final, second leg (first-leg score)

Porto (0) v Liverpool (2), Wednesday, 11pm UAE

Match is on BeIN Sports

Profile of MoneyFellows

Founder: Ahmed Wadi

Launched: 2016

Employees: 76

Financing stage: Series A ($4 million)

Investors: Partech, Sawari Ventures, 500 Startups, Dubai Angel Investors, Phoenician Fund

THE SPECS

Engine: 3.6-litre V6

Transmission: eight-speed automatic

Power: 285bhp

Torque: 353Nm

Price: TBA

On sale: Q2, 2020

COMPANY PROFILE
Company name: BorrowMe (BorrowMe.com)

Date started: August 2021

Founder: Nour Sabri

Based: Dubai, UAE

Sector: E-commerce / Marketplace

Size: Two employees

Funding stage: Seed investment

Initial investment: $200,000

Investors: Amr Manaa (director, PwC Middle East) 

Where to apply

Applicants should send their completed applications - CV, covering letter, sample(s) of your work, letter of recommendation - to Nick March, Assistant Editor in Chief at The National and UAE programme administrator for the Rosalynn Carter Fellowships for Mental Health Journalism, by 5pm on April 30, 2020

Please send applications to nmarch@thenational.ae and please mark the subject line as “Rosalynn Carter Fellowship for Mental Health Journalism (UAE programme application)”.

The local advisory board will consider all applications and will interview a short list of candidates in Abu Dhabi in June 2020. Successful candidates will be informed before July 30, 2020. 

The biog

Name: Greg Heinricks

From: Alberta, western Canada

Record fish: 56kg sailfish

Member of: International Game Fish Association

Company: Arabian Divers and Sportfishing Charters

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In the Restaurant: Society in Four Courses
Christoph Ribbat
Translated by Jamie Searle Romanelli
Pushkin Press 

The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

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

French business

France has organised a delegation of leading businesses to travel to Syria. The group was led by French shipping giant CMA CGM, which struck a 30-year contract in May with the Syrian government to develop and run Latakia port. Also present were water and waste management company Suez, defence multinational Thales, and Ellipse Group, which is currently looking into rehabilitating Syrian hospitals.

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The specs

Engine: 2.0-litre 4cyl turbo

Power: 261hp at 5,500rpm

Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

Fuel consumption: 6.9L/100km

On sale: Now

Price: From Dh117,059

UAE SQUAD FOR ASIAN JIU-JITSU CHAMPIONSHIP

Men’s squad: Faisal Al Ketbi, Omar Al Fadhli, Zayed Al Kathiri, Thiab Al Nuaimi, Khaled Al Shehhi, Mohamed Ali Al Suwaidi, Farraj Khaled Al Awlaqi, Muhammad Al Ameri, Mahdi Al Awlaqi, Saeed Al Qubaisi, Abdullah Al Qubaisi and Hazaa Farhan

Women's squad: Hamda Al Shekheili, Shouq Al Dhanhani, Balqis Abdullah, Sharifa Al Namani, Asma Al Hosani, Maitha Sultan, Bashayer Al Matrooshi, Maha Al Hanaei, Shamma Al Kalbani, Haya Al Jahuri, Mahra Mahfouz, Marwa Al Hosani, Tasneem Al Jahoori and Maryam Al Amri

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Our legal consultants

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4
Ferrari
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Teams

Pakistan: Sarfraz Ahmed (captain), Mohammad Hafeez, Sahibzada Farhan, Babar Azam, Shoaib Malik, Asif Ali, Shadab Khan, Shaheen Shah Afridi, Usman Khan Shanwari, Hasan Ali, Imad Wasim, Faheem Ashraf.

New Zealand: Kane Williamson (captain), Corey Anderson, Mark Chapman, Lockie Ferguson, Colin de Grandhomme, Adam Milne, Colin Munro, Ajaz Patel, Glenn Phillips, Seth Rance, Tim Seifert, Ish Sodhi, Tim Southee, Ross Taylor.

Updated: May 09, 2023, 5:35 AM