It’s been a long time coming – two years, or maybe 103 years, depending on your historical starting point.
Northern Ireland now has a power-sharing government again, with British unionists joining Irish nationalists in the administration. This breaks the two-year political deadlock created by the British government’s Brexit blunders.
The most significant of these came when the then-prime minister Boris Johnson undermined Northern Ireland’s unionist community by – in effect – creating a customs border between Northern Ireland and the rest of the UK. Unionists strongly resisted this manoeuvre arguing that it undermined the union of the UK that they have cherished for more than a century.
The Democratic Unionist Party (DUP) pulled out of Belfast’s Stormont parliament and the government was frozen. What is astonishing, and at the same time hugely encouraging, for those of us who hope for a permanent peace on the island of Ireland, is that the DUP has now returned to Stormont, enabling Northern Ireland to have a functioning power-sharing government again.
Even more extraordinary, there’s a profound historical shift. Northern Ireland is now led for the first time by an Irish nationalist First Minister, Michelle O’Neill. She will work alongside her deputy from the DUP, Emma Little-Pengelly.
These two women have a lot on their shoulders. They represent the coming together of two communities – the mostly Protestant unionist community and the mostly Catholic Irish nationalist community.
In the past, Catholics suffered greatly from discrimination in employment, housing and other matters, while in the worst times of the “Troubles” (from the 1960s until the 1990s), both communities endured killings and bombings. Some families were intimidated out of their homes and more than 3,000 people were killed in shootings and bombings.
I lived in Northern Ireland during much of these times. There was often mutual suspicion between people in both communities, but there was also a great deal of goodwill and friendship across traditional religious boundaries. Most people were desperate for peace.
And now we are at what could be a truly hopeful turning point. That’s because Stormont was created after Ireland was partitioned in 1921 along sectarian lines. The plan was to ensure that Northern Ireland would always have a Protestant and unionist majority, while what would become the Irish Republic would be largely Catholic.
In the worst of the Troubles, both communities endured killings and bombings. Families were intimidated out of their homes and more than 3,000 people died
It was assumed that the Belfast parliament would never be run by Irish nationalists – and especially not by Sinn Fein. Stormont was sometimes called a “Protestant parliament for a Protestant people”. For their part, those in Sinn Fein, including Ms O’Neill, always believed that the very existence of Northern Ireland was a historic wrong. Their aspiration was and remains for Ireland to be united into one state, ending British rule on any part of the island.
The name “Sinn Fein” is usually translated from Irish into English as “We Ourselves” and the party has a long history as the political wing of the violent terrorist group, the IRA. But things have moved on.
The fact that Sinn Fein is in government with the DUP means that both sides have swallowed diverging long-term aspirations in the hope of improving citizens’ lives right now. This could eventually lead to a united Ireland, although both main political parties are tiptoeing around the sometimes incendiary “national question”. Ms O’Neill is trying hard not to alarm unionists.
But perhaps even more astonishing is that Sinn Fein is now on course to become the biggest political party on both sides of the Irish border.
The next general election in the Irish Republic has to be held by March 2025 and Sinn Fein’s leader there, Mary Lou McDonald, is on course to become Taoiseach, Ireland’s prime minister in the Dublin parliament.
Ms McDonald is also careful in the way she speaks of reunification, while retaining her long-term goal of a united Ireland. She greeted the news of Ms O’Neill’s new role with a quote from the Irish poet William Butler Yeats: “All changed, changed utterly.” That is undeniably true. In the optimism of the moment, however, perhaps Ms McDonald omitted the next (and less optimistic) line of Yeats’s poem when he wrote that “a terrible beauty is born”.
Since this is a moment for optimism and since Ireland has also produced many other great poets, I would suggest we should leave the Anglo-Irish Yeats at this point and switch to a more modern writer, the winner of the Nobel Prize in Literature, Northern Ireland’s very own Seamus Heaney.
I met Seamus a few times and admired him enormously. He passed away in 2013. He would have loved this moment of hope and possible reconciliation. Perhaps he even predicted it. After all, in one of his greatest inspirational poems, he wrote:
History says, don’t hope
On this side of the grave.
But then, once in a lifetime
The longed-for tidal wave
Of justice can rise up,
And hope and history rhyme.
Hope and history are rhyming on the island of Ireland right now. May it last. We can hope.
Zayed Sustainability Prize
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
Some of Darwish's last words
"They see their tomorrows slipping out of their reach. And though it seems to them that everything outside this reality is heaven, yet they do not want to go to that heaven. They stay, because they are afflicted with hope." - Mahmoud Darwish, to attendees of the Palestine Festival of Literature, 2008
His life in brief: Born in a village near Galilee, he lived in exile for most of his life and started writing poetry after high school. He was arrested several times by Israel for what were deemed to be inciteful poems. Most of his work focused on the love and yearning for his homeland, and he was regarded the Palestinian poet of resistance. Over the course of his life, he published more than 30 poetry collections and books of prose, with his work translated into more than 20 languages. Many of his poems were set to music by Arab composers, most significantly Marcel Khalife. Darwish died on August 9, 2008 after undergoing heart surgery in the United States. He was later buried in Ramallah where a shrine was erected in his honour.
Museum of the Future in numbers
- 78 metres is the height of the museum
- 30,000 square metres is its total area
- 17,000 square metres is the length of the stainless steel facade
- 14 kilometres is the length of LED lights used on the facade
- 1,024 individual pieces make up the exterior
- 7 floors in all, with one for administrative offices
- 2,400 diagonally intersecting steel members frame the torus shape
- 100 species of trees and plants dot the gardens
- Dh145 is the price of a ticket
Where to Find Me by Alba Arikha
Alma Books
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Rock in a Hard Place: Music and Mayhem in the Middle East
Orlando Crowcroft
Zed Books
COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded