Ukrainian President Volodymyr Zelenskyy leaves after attending a national flag-raising ceremony in Izyum on Wednesday. AP Photo
Ukrainian President Volodymyr Zelenskyy leaves after attending a national flag-raising ceremony in Izyum on Wednesday. AP Photo
Ukrainian President Volodymyr Zelenskyy leaves after attending a national flag-raising ceremony in Izyum on Wednesday. AP Photo
Ukrainian President Volodymyr Zelenskyy leaves after attending a national flag-raising ceremony in Izyum on Wednesday. AP Photo


Despite Ukraine's tactical gains, the war isn't a done deal


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September 15, 2022

After Ukrainian forces liberated vast swathes of territory around the northern region of Kharkiv in recent days, it is tempting to believe that the tide of the war has finally turned in Kyiv's favour. Indeed, for the first time since Russia launched its so-called "special military operation" against its southern neighbour in February, the Ukraine military now finds itself on the offensive.

Previously, Kyiv's involvement in the conflict had been primarily defensive in nature, with the main objective of its forces to thwart Moscow's attempt to overrun the country and replace the government of President Volodymyr Zelenskyy. The Ukrainian forces' most notable achievement in the conflict to date had been to prevent Russia's assault on the capital in the early stages, which ultimately resulted in the chaotic withdrawal of Russian forces.

Since then, Ukraine's primary objective has been to prevent Russia from making further significant gains in the east and south of the country, a tactic that has succeeded in halting the speed of the Russian advance. In the meantime, the Ukrainian government has been waging a highly effective public relations campaign aimed at persuading major western powers, such as the US and the UK, to provide it with the weaponry it requires to defeat Russia on the battlefield.

It is no surprise, therefore, that the recent revival in its fortunes has coincided with the arrival of sophisticated western weaponry, such as the long-range US Himar missile systems that have enabled it to strike deep into Russian-controlled territory. The new weaponry has been particularly helpful in helping Ukraine to pressure Russian forces occupying the key southern city of Kherson.

Kyiv's involvement in the conflict had been primarily defensive in nature

The belated arrival of the weaponry has now enabled the Ukrainians to launch their most ambitious military operation of the war – a surprise offensive in the north-east in recent days. After breaking through Russian defences at the end of last week, the rapid Ukrainian offensive has resulted in the recapture of almost 5,000 square kilometres of territory, equal in size to the Mediterranean island of Crete.

Some 150,000 Ukrainians have been freed from Russian occupation, which has also resulted in Kyiv retaking some 20 towns and villages around Kharkiv.

Despite Moscow insisting that its forces had withdrawn from the region to "regroup", there is little doubt that it has suffered its biggest defeat in the six-month conflict, with thousands of soldiers being forced to retreat in the face of the swift Ukrainian advance, abandoning large stockpiles of weapons as they did so.

Of particular significance has been the Ukrainians' capture of the towns of Kupyansk and Izyum, which were previously the main supply and transportation hubs for Russian forces operating in the area. Their capture means that thousands of troops now find themselves cut off from their supply lines.

Mr Zelenskyy celebrated Ukraine's success this week by making a personal visit to Izyum, where "he thanked the soldiers for liberating Ukrainian lands", according to the Facebook page of the 25th Separate Airborne Sicheslav Brigade.

The main task for them now is to undertake what Mr Zelenskyy described as "stabilisation measures" across the recaptured territory, including rounding up those who were complicit in the invasion. "Remnants of occupiers and sabotage groups are being detected, collaborators are being detained and full security is being restored," he said in an evening television broadcast.

  • Ukrainian firefighters at a thermal power plant damaged by a Russian missile strike, in Kharkiv. Reuters
    Ukrainian firefighters at a thermal power plant damaged by a Russian missile strike, in Kharkiv. Reuters
  • Rescuers in Kharkiv extinguish a fire after a rocket strike. EPA
    Rescuers in Kharkiv extinguish a fire after a rocket strike. EPA
  • Ukrainian soldiers and local officials are greeted by residents with hugs and handshakes in the village of Kozacha. Reuters
    Ukrainian soldiers and local officials are greeted by residents with hugs and handshakes in the village of Kozacha. Reuters
  • The charred remains of a Russian tank in territory retaken by Ukraine in the Kharkiv region. AP
    The charred remains of a Russian tank in territory retaken by Ukraine in the Kharkiv region. AP
  • Half-submerged Russian tanks amid the Ukrainian counter-offensive in Kharkiv. AFP
    Half-submerged Russian tanks amid the Ukrainian counter-offensive in Kharkiv. AFP
  • A Russian poster is pulled from a billboard to reveal a poem by Ukrainian Taras Shevchenko in Balakliia, Kharkiv. Reuters
    A Russian poster is pulled from a billboard to reveal a poem by Ukrainian Taras Shevchenko in Balakliia, Kharkiv. Reuters
  • Ukrainian troops in the recently retaken settlement of Vasylenkove. Reuters
    Ukrainian troops in the recently retaken settlement of Vasylenkove. Reuters
  • Charred armoured cars litter the road in Balakliia. AFP
    Charred armoured cars litter the road in Balakliia. AFP
  • A burnt-out tank in Kharkiv region. AFP
    A burnt-out tank in Kharkiv region. AFP
  • Ukrainian flags are placed on statues in a square in Balakliia. AFP
    Ukrainian flags are placed on statues in a square in Balakliia. AFP
  • Shell holes pepper the Misto entertainment complex in Kharkiv. EPA
    Shell holes pepper the Misto entertainment complex in Kharkiv. EPA
  • Fixing windows in the damaged Misto complex. EPA
    Fixing windows in the damaged Misto complex. EPA

The scale of the victory will provide an enormous boost to Ukraine's forces, which have been suffering significant casualties in recent weeks. It also demonstrates that, with the right equipment, they are more than capable of holding their own on the battlefield.

Their success owes much to the clever diversionary tactics employed by their commanders to confuse their Russian adversaries. Throughout much of the summer, Kyiv gave the impression that its primary focus was to liberate Kherson, the gateway to the Crimean Peninsula, captured by Russia in the early stages of the conflict.

Indeed, for the past month or so, the Ukrainians have been pounding Russian positions around Kherson to disrupt their ability to resupply their forces based in the city. Moreover, fearing a major Ukrainian assault, the Russians redeployed vital forces from the north and east of the country to the south, thereby weakening their defences. This enabled the Ukrainians to launch their lightning strike against poorly defended positions in the north-east.

But while Ukraine has every right to celebrate this significant victory, even Mr Zelenskyy understands that it is far too early to say whether it will ultimately have any bearing on the war's ultimate outcome.

Moscow has suffered a significant military setback, one that has already seen the Kremlin dismiss a senior Russian officer, Lt Gen Roman Berdnikov, responsible for the defence of the Kharkiv region. The defeat has also increased pressure on the Russian leadership.

Even so, Russia still occupies about one fifth of Ukrainian territory and remains a formidable military force, one that remains committed to fighting on until its objectives have been achieved.

Our family matters legal consultant

Name: Hassan Mohsen Elhais

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

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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.

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

The specs: Aston Martin DB11 V8 vs Ferrari GTC4Lusso T

Price, base: Dh840,000; Dh120,000

Engine: 4.0L V8 twin-turbo; 3.9L V8 turbo

Transmission: Eight-speed automatic; seven-speed automatic

Power: 509hp @ 6,000rpm; 601hp @ 7,500rpm

Torque: 695Nm @ 2,000rpm; 760Nm @ 3,000rpm

Fuel economy, combined: 9.9L / 100km; 11.6L / 100km

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What can you do?

Document everything immediately; including dates, times, locations and witnesses

Seek professional advice from a legal expert

You can report an incident to HR or an immediate supervisor

You can use the Ministry of Human Resources and Emiratisation’s dedicated hotline

In criminal cases, you can contact the police for additional support

At a glance

Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.

 

Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year

 

Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month

 

Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30 

 

Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse

 

Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth

 

Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances

Islamophobia definition

A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.

The Kingfisher Secret
Anonymous, Penguin Books

Leading all-time NBA scorers

Kareem Abdul-Jabbar 38,387
Karl Malone 36,928
Kobe Bryant 33,643
Michael Jordan 32,292
LeBron James 31,425
Wilt Chamberlain 31,419

RESULTS

Argentina 4 Haiti 0

Peru 2 Scotland 0

Panama 0 Northern Ireland 0

UAE currency: the story behind the money in your pockets
Nepotism is the name of the game

Salman Khan’s father, Salim Khan, is one of Bollywood’s most legendary screenwriters. Through his partnership with co-writer Javed Akhtar, Salim is credited with having paved the path for the Indian film industry’s blockbuster format in the 1970s. Something his son now rules the roost of. More importantly, the Salim-Javed duo also created the persona of the “angry young man” for Bollywood megastar Amitabh Bachchan in the 1970s, reflecting the angst of the average Indian. In choosing to be the ordinary man’s “hero” as opposed to a thespian in new Bollywood, Salman Khan remains tightly linked to his father’s oeuvre. Thanks dad. 

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Gully Boy

Director: Zoya Akhtar
Producer: Excel Entertainment & Tiger Baby
Cast: Ranveer Singh, Alia Bhatt, Kalki Koechlin, Siddhant Chaturvedi​​​​​​​
Rating: 4/5 stars

Meydan race card

6.30pm: Maiden Dh 165,000 1,600m
7.05pm: Handicap Dh 185,000 2,000m
7.40pm: Maiden Dh 165,000 1,600m
8.15pm: Handicap Dh 190,000 1,400m
8.50pm: Handicap Dh 175,000 1,600m
9.25pm: Handicap Dh 175,000 1,200m
10pm: Handicap Dh 165,000 1,600m

Updated: September 19, 2022, 2:02 PM