Russia’s flagship naval vessel, the ‘Moskva’, moored in the Ukrainian Black Sea port of Sevastopol, Ukraine, in 2013. The cruiser sank after strikes claimed by Ukraine. Reuters
Russia’s flagship naval vessel, the ‘Moskva’, moored in the Ukrainian Black Sea port of Sevastopol, Ukraine, in 2013. The cruiser sank after strikes claimed by Ukraine. Reuters
Russia’s flagship naval vessel, the ‘Moskva’, moored in the Ukrainian Black Sea port of Sevastopol, Ukraine, in 2013. The cruiser sank after strikes claimed by Ukraine. Reuters
David Lepeska is a global affairs contributor for The National
April 18, 2022
In the wee hours of Thursday morning, two of Ukraine’s Neptune missiles reportedly struck Russia’s flagship naval vessel, the Moskva, some 65 nautical miles south of Odesa. The storied gunship, which served in Georgia, Syria, and at the Malta Summit after being built by Ukrainian hands in Soviet Mykolaiv in 1976, quickly sent out a distress signal.
A Turkish ship that had been on Black Sea patrol soon arrived and helped evacuate more than 50 Russians before the Moskva slipped beneath the waves. Just hours prior, Serbian President Aleksandar Vucic had informed Turkish President Recep Tayyip Erdogan of his desire to buy Turkish Bayraktar TB2 drones, thanks in part to their widely praised performance in Ukraine.
It is hard to fathom, given the brutality of the conflict and its fellow Nato members’ staunch backing of Kyiv, but nearly two months in, Ankara has been able to remain neutral and host peace talks while backing both participants. In the war’s early days, I asserted that Turkey would at some point have to choose, but thus far I’ve been proved wrong – to the point that even Ukraine is OK with Turkey’s balancing act.
A Turkish-made Bayraktar TB2 drone displayed during a rehearsal of a military parade dedicated to Independence Day in Kyiv, Ukraine, on August 20, 2021. AP
Pointing to mounting evidence of war crimes committed in Ukraine, many western analysts view this as a Manichaean battle between good and evil, a clash between freedom, civilisation and democracy and a dark, Hobbesian future of violence and rule by force. Turkey has a different view, and not only because Mr Erdogan is wont to follow an independent foreign policy, as with his 2019 purchase of Russian-made missile defences.
For one thing, his people are largely on his side. A German Marshall Fund of the US (GMFUS) poll released last week found that nearly 84 per cent of Turks want their country to either mediate or stay neutral – 10 times the share of those who want Turkey to back only Ukraine. This seems to reflect broader disenchantment with the West.
Fewer than half (49.3 per cent) of those surveyed by leading Turkish pollster Metropoll in March think Turkey should be a member of the EU, down from 80 per cent in the early 2000s. Such views are not only coming from fans of Mr Erdogan’s neo-Islamist AKP. More than half (51.4 per cent) of those who back the nationalist IYI Party – the second-most popular party in Turkey’s supposedly left-leaning opposition – believe Turkey should not be an EU member.
That’s just the tip of the iceberg. A plurality of Turks (47 per cent) view Azerbaijan as Turkey’s top ally and most important partner, compared to 15 per cent for EU member Germany, according to GMFUS. Nearly six out of 10 (58.3 per cent) see the US as the country’s biggest threat, while Russia (31 per cent) poses about the same threat as Israel (29 per cent).
In the past year, the share of Turks who believe their country should co-operate most closely with the EU fell more than 10 per cent, from 37 per cent to 33 per cent. The share of Turks who say the US should help solve global problems dropped by more than half, from 13 per cent to 6 per cent.
This is in part the impact of a media that tends to echo the government line, which is often that the US and EU are plotting against Turkey. But it is also possibly a response to western missteps, such as the catastrophe of the Iraq War, former US president Barack Obama’s failure to follow through on his “red line” in Syria and the EU dragging its feet on Turkey’s accession, which began in 2005.
As the US embraces a lesser global role, while taking the lead on again isolating and containing Russia, Turkey and other regional powers may be charting a new course
The next year The Economist warned of Turkey’s “ever-lengthening road” to EU membership. Sixteen years later it is no surprise that more than 53 per cent of Turks think the EU has no intention of making Turkey a member and the share of Turks who want their country to play a bigger role in the Middle East, Balkans and North Africa is increasing.
“For hundreds of years we have been flocking to this geography,” Interior Minister Suleyman Soylu said on the weekend, talking of Turkey’s role today in former Ottoman lands. “We will save Syria and Iraq from the hands of America and Europe.”
Some 5 million Syrians have flooded into Turkey since that civil war began and nearly 4 million remain, alongside another million refugees from Afghanistan and beyond. Turkey’s home sales to foreigners continue to increase – up 30 per cent in March – and the top buyers are not Greeks and Germans, but Iranians, Iraqis and Russians, in that order.
The Karakoy area on the Golden Horn, in Istanbul. Corbis
With its centennial looming next year, what has happened to the West-leaning, secularism-embracing Republic founded by Mustafa Kemal Ataturk? Despite the AKP’s apparent inability, two decades into its reign, to instill deeper religiosity and produce its long-envisioned “pious generation”, the ruling party does seem to have begun to turn Turkey and its people eastwards.
Turkey is still a crucial Nato member and a key US ally, regardless of their constant squabbling. The EU remains Turkey’s top trade partner and will continue to be crucial as Turkey seeks to recover from a years-long economic crisis. What’s more, the GMFUS survey showed an increase in the share of Turks who trust the EU and that nearly three of four Turkish youth view EU membership as a good thing for the country. So this could all shift with a single election.
Still, as the US embraces a lesser global role, while taking the lead on again isolating and containing Russia, Turkey and other regional powers may be charting a new course, a path between the supposed liberal freedoms of the West and authoritarianism of countries like Russia.
Even Ukraine, new darling of the West, has serious concerns about major western-backed institutions, such as the fact that Russia still holds a permanent seat on the UN Security Council. US news magazine The Atlantic last week detailed how Ukrainian President Volodymyr Zelenskyy and his top adviser have been thinking about alternative international institutions, such as one that might respond more quickly to war crimes.
There is little doubt that the longer the war in Ukraine drags on, the more likely it is to expand and the more difficult it will be for Ankara to maintain this delicate balance. But for now, Turkey is walking its own path – one foot in the post-Second World War past and the other in a potentially multi-polar future.
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
Tenants also require a letter of no objection from their landlord before being allowed to list the property.
There is a cost of Dh1,590 before starting the process, with an additional licence fee of Dh300 per bedroom being rented in your home for the duration of the rental, which ranges from three months to a year.
Anyone hoping to list a property for rental must also provide a copy of their title deeds and Ejari, as well as their Emirates ID.
Cast: Nayanthara, Siddharth, Meera Jasmine, R Madhavan
Star rating: 2/5
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.
Bookshops: A Reader's History by Jorge Carrión (translated from the Spanish by Peter Bush),
Biblioasis
TWISTERS
Director: Lee Isaac Chung
Starring: Glen Powell, Daisy Edgar-Jones, Anthony Ramos
1: Commit to countering all types of terrorism and extremism in all their manifestations
2: Denounce violence and the rhetoric of hatred
3: Adhere to the full compliance with the Riyadh accord of 2014 and the subsequent meeting and executive procedures approved in 2014 by the GCC
4: Comply with all recommendations of the Summit between the US and Muslim countries held in May 2017 in Saudi Arabia.
5: Refrain from interfering in the internal affairs of countries and of supporting rogue entities.
6: Carry out the responsibility of all the countries with the international community to counter all manifestations of extremism and terrorism that threaten international peace and security
Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed
Rating: 1/5
Profile Box
Company/date started: 2015
Founder/CEO: Mohammed Toraif
Based: Manama, Bahrain
Sector: Sales, Technology, Conservation
Size: (employees/revenue) 4/ 5,000 downloads
Stage: 1 ($100,000)
Investors: Two first-round investors including, 500 Startups, Fawaz Al Gosaibi Holding (Saudi Arabia)
GOLF’S RAHMBO
- 5 wins in 22 months as pro
- Three wins in past 10 starts
- 45 pro starts worldwide: 5 wins, 17 top 5s
- Ranked 551th in world on debut, now No 4 (was No 2 earlier this year)
- 5th player in last 30 years to win 3 European Tour and 2 PGA Tour titles before age 24 (Woods, Garcia, McIlroy, Spieth)
Stars: Rosa Salazar, Christoph Waltz, Keean Johnson
Four stars
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
FIXTURES
Saturday
5.30pm: Shabab Al Ahli v Al Wahda
5.30pm: Khorfakkan v Baniyas
8.15pm: Hatta v Ajman
8.15pm: Sharjah v Al Ain Sunday
5.30pm: Kalba v Al Jazira
5.30pm: Fujairah v Al Dhafra
8.15pm: Al Nasr v Al Wasl
The specs: 2018 Jaguar F-Type Convertible
Price, base / as tested: Dh283,080 / Dh318,465
Engine: 2.0-litre inline four-cylinder
Transmission: Eight-speed automatic
Power: 295hp @ 5,500rpm
Torque: 400Nm @ 1,500rpm
Fuel economy, combined: 7.2L / 100km
THE SPECS
Engine: 2.0-litre 4-cylinder turbo
Power: 275hp at 6,600rpm
Torque: 353Nm from 1,450-4,700rpm
Transmission: 8-speed dual-clutch auto
Top speed: 250kph
Fuel consumption: 6.8L/100km
On sale: Now
Price: Dh146,999
Other ways to buy used products in the UAE
UAE insurance firm Al Wathba National Insurance Company (AWNIC) last year launched an e-commerce website with a facility enabling users to buy car wrecks.
Bidders and potential buyers register on the online salvage car auction portal to view vehicles, review condition reports, or arrange physical surveys, and then start bidding for motors they plan to restore or harvest for parts.
Physical salvage car auctions are a common method for insurers around the world to move on heavily damaged vehicles, but AWNIC is one of the few UAE insurers to offer such services online.
For cars and less sizeable items such as bicycles and furniture, Dubizzle is arguably the best-known marketplace for pre-loved.
Founded in 2005, in recent years it has been joined by a plethora of Facebook community pages for shifting used goods, including Abu Dhabi Marketplace, Flea Market UAE and Arabian Ranches Souq Market while sites such as The Luxury Closet and Riot deal largely in second-hand fashion.
At the high-end of the pre-used spectrum, resellers such as Timepiece360.ae, WatchBox Middle East and Watches Market Dubai deal in authenticated second-hand luxury timepieces from brands such as Rolex, Hublot and Tag Heuer, with a warranty.
1980 Ruwais Housing Complex built, located 10 kilometres away from industrial plants
1982 120,000 bpd capacity Ruwais refinery complex officially inaugurated by the founder of the UAE Sheikh Zayed
1984 Second phase of Ruwais Housing Complex built. Today the 7,000-unit complex houses some 24,000 people.
1985 The refinery is expanded with the commissioning of a 27,000 b/d hydro cracker complex
2009 Plans announced to build $1.2 billion fertilizer plant in Ruwais, producing urea
2010 Adnoc awards $10bn contracts for expansion of Ruwais refinery, to double capacity from 415,000 bpd
2014 Ruwais 261-outlet shopping mall opens
2014 Production starts at newly expanded Ruwais refinery, providing jet fuel and diesel and allowing the UAE to be self-sufficient for petrol supplies
2014 Etihad Rail begins transportation of sulphur from Shah and Habshan to Ruwais for export
2017 Aldar Academies to operate Adnoc’s schools including in Ruwais from September. Eight schools operate in total within the housing complex.
2018 Adnoc announces plans to invest $3.1 billion on upgrading its Ruwais refinery
2018 NMC Healthcare selected to manage operations of Ruwais Hospital
2018 Adnoc announces new downstream strategy at event in Abu Dhabi on May 13
Source: The National
The specs
Engine: 5.0-litre V8
Power: 480hp at 7,250rpm
Torque: 566Nm at 4,600rpm
Transmission: 10-speed auto
Fuel consumption: L/100km
Price: Dh306,495
On sale: now
At Eternity’s Gate
Director: Julian Schnabel
Starring: Willem Dafoe, Oscar Isaacs, Mads Mikkelsen
Three stars
Coming soon
Torno Subito by Massimo Bottura
When the W Dubai – The Palm hotel opens at the end of this year, one of the highlights will be Massimo Bottura’s new restaurant, Torno Subito, which promises “to take guests on a journey back to 1960s Italy”. It is the three Michelinstarred chef’s first venture in Dubai and should be every bit as ambitious as you would expect from the man whose restaurant in Italy, Osteria Francescana, was crowned number one in this year’s list of the World’s 50 Best Restaurants.
Akira Back Dubai
Another exciting opening at the W Dubai – The Palm hotel is South Korean chef Akira Back’s new restaurant, which will continue to showcase some of the finest Asian food in the world. Back, whose Seoul restaurant, Dosa, won a Michelin star last year, describes his menu as, “an innovative Japanese cuisine prepared with a Korean accent”.
Dinner by Heston Blumenthal
The highly experimental chef, whose dishes are as much about spectacle as taste, opens his first restaurant in Dubai next year. Housed at The Royal Atlantis Resort & Residences, Dinner by Heston Blumenthal will feature contemporary twists on recipes that date back to the 1300s, including goats’ milk cheesecake. Always remember with a Blumenthal dish: nothing is quite as it seems.
Petrarch: Everywhere a Wanderer
Christopher Celenza,
Reaktion Books
Labour dispute
The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
Closing the loophole on sugary drinks
As The National reported last year, non-fizzy sugared drinks were not covered when the original tax was introduced in 2017. Sports drinks sold in supermarkets were found to contain, on average, 20 grams of sugar per 500ml bottle.
The non-fizzy drink AriZona Iced Tea contains 65 grams of sugar – about 16 teaspoons – per 680ml can. The average can costs about Dh6, which would rise to Dh9.
Drinks such as Starbucks Bottled Mocha Frappuccino contain 31g of sugar in 270ml, while Nescafe Mocha in a can contains 15.6g of sugar in a 240ml can.
Flavoured water, long-life fruit juice concentrates, pre-packaged sweetened coffee drinks fall under the ‘sweetened drink’ category
Not taxed:
Freshly squeezed fruit juices, ground coffee beans, tea leaves and pre-prepared flavoured milkshakes do not come under the ‘sweetened drink’ band.
COMPANY PROFILE
Name: Mamo
Year it started: 2019 Founders: Imad Gharazeddine, Asim Janjua
Based: Dubai, UAE
Number of employees: 28
Sector: Financial services
Investment: $9.5m
Funding stage: Pre-Series A Investors: Global Ventures, GFC, 4DX Ventures, AlRajhi Partners, Olive Tree Capital, and prominent Silicon Valley investors.
Favourite car: Koenigsegg Agera RS or Renault Trezor concept car.
Favourite book:I Am Pilgrim by Terry Hayes or Red Notice by Bill Browder.
Biggest inspiration: My husband Nik. He really got me through a lot with his positivity.
Favourite holiday destination: Being at home in Australia, as I travel all over the world for work. It’s great to just hang out with my husband and family.