• An Israeli soldier directs a tank near Israel's border with southern Gaza. Getty Images
    An Israeli soldier directs a tank near Israel's border with southern Gaza. Getty Images
  • An Israeli soldier stands on a tank in southern Israel. Getty Images
    An Israeli soldier stands on a tank in southern Israel. Getty Images
  • People flee the eastern parts of Rafah ahead of a threatened Israeli incursion. Reuters
    People flee the eastern parts of Rafah ahead of a threatened Israeli incursion. Reuters
  • Palestinians leave ahead of a threatened assault on Rafah. Reuters
    Palestinians leave ahead of a threatened assault on Rafah. Reuters
  • Palestinians search for casualties in the rubble of a house destroyed in an Israeli strike in Rafah. AFP
    Palestinians search for casualties in the rubble of a house destroyed in an Israeli strike in Rafah. AFP
  • Palestinians carry an injured man who was pulled from the rubble of a house destroyed in an Israeli strike in Rafah. AFP
    Palestinians carry an injured man who was pulled from the rubble of a house destroyed in an Israeli strike in Rafah. AFP
  • Mourners next to the bodies of Palestinians killed in an Israeli strike in southern Gaza. Reuters
    Mourners next to the bodies of Palestinians killed in an Israeli strike in southern Gaza. Reuters
  • Mourners at Abu Yousef El-Najjar Hospital in Rafah. Reuters
    Mourners at Abu Yousef El-Najjar Hospital in Rafah. Reuters


Without Israeli concessions, Biden's Gaza day-after plan is a no-go


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  • Arabic

June 10, 2024

On May 31, US President Joe Biden announced an Israeli ceasefire proposal that he purported to support, and to which he urged both Israeli and Hamas leaders to sign up, in order to bring the war in Gaza to an end. It was clear that political machinations were under way, evidenced by an American president announcing an Israeli initiative, quickly followed by several Israeli politicians expressing opposition to that same initiative.

But there are many crucial questions that still need to be addressed. Mr Biden ended his announcement by talking about what the situation for Gaza would look like after the war. But what options for “day after” scenarios really exist, given the nature of the main power broker on the ground, Israel?

The paradox of Gaza, and the wider question of Palestine, is that the solution to the crisis is rather obvious and clear. Following the establishment of the State of Israel in Mandatory Palestine in 1948, and up until 1967, Gaza, a Palestinian territory, was under the administration of Egypt, while East Jerusalem and the West Bank were under the administration of Jordan.

Precisely 57 years and one week ago, Israel invaded and occupied these territories, along with the Golan Heights (which is Syrian) and the Sinai Peninsula (which is Egyptian and returned to Egyptian sovereignty as a result of the Camp David Accords). The international community – including most US administrations – has been very clear since 1967 about the inadmissibility of the acquisition of this territory by war, and the Palestinians’ right to a state has been recognised by the UN General Assembly since 1974. It follows, then, that the solution most in line with international law and consensus, is to turn over sovereignty of these Palestinian territories to a Palestinian state.

An Israeli military vehicle drives towards the Dome of the Rock in Al Aqsa Mosque's compound in June 1967. AFP
An Israeli military vehicle drives towards the Dome of the Rock in Al Aqsa Mosque's compound in June 1967. AFP
Unfortunately, there are good reasons to suggest Israel would go for either the 'no man’s land' option, or a mixture of that and a military occupation authority

But of course, the situation is not quite so simple. Israel has refused, since 1967, to end what the UN, the US, the EU, and the near entirety of the international community has termed the occupation of Gaza, let alone its occupation of East Jerusalem (which Israel annexed) and the West Bank. There is no sign that it will change this stance, and there is no indication it will be forced to do so by foreign powers. So, we return to a thornier scenario; how to end Israel’s war on Gaza?

Putting aside the issues of statehood and sovereignty for the time being, there is a need for governance in Gaza on the “day after”. Mr Biden has suggested a multinational peacekeeping force that could help with this, and which might include the involvement of Arab states.

The problem with that option, however, is that Israel has given a set of conditions that make such an option unviable. Indeed, those conditions make very few options viable.

For a multinational peacekeeping force to exist, there are a few items upon which Arab states and others in the international community would insist. Arab states, for example, have indicated they would require the invitation for their participation to be extended by a Palestinian entity – essentially, the Palestinian Authority. The absence of such an invitation would make them part of the Israeli occupation of Gaza.

Beyond the political niceties of such an issue, there is also a security imperative involved here. If any state were to enter Gaza as a peacekeeping force, they would, naturally, need to ensure they are not made into targets by any insurgency in Gaza. If Israel’s military were to continue to be present in the Gaza Strip, then an insurgency would certainly ensue, and any military forces that recognised the legitimacy of Israel’s military presence would undoubtedly be targeted also.

So, it would seem that for Mr Biden’s option to work, two things would have to happen. The PA would have to return to Gaza and invite such a force; and Israeli forces would have to depart. However, on both points, Israel has refused, insisting that the PA cannot return to Gaza, and that Israel must maintain overall security control.

And so, Mr Biden’s plan evaporates, unless Israel shifts.

Israeli Prime Minister Benjamin Netanyahu with National Security Minister Itamar Ben-Gvir at the Israeli Knesset last year. EPA
Israeli Prime Minister Benjamin Netanyahu with National Security Minister Itamar Ben-Gvir at the Israeli Knesset last year. EPA

Of course, there are other precedents for Gaza. The first is a pure Israeli military occupation authority, which existed from 1967 until 1994. The second is a PA-governed territory, which existed from 1994 to 2006. The third is a Hamas-governed one, which was the case from 2006 to 2023. The fourth, if one can term it as such, is an anarchic “no man’s land” – no governance and utter chaos, which has been the situation for the past nine months.

The second and third options are off the table as far as the Israelis are concerned, and they have made their red lines clear in this regard. But that leaves only two alternatives: a military occupation authority, and no governance at all. Surely neither would be in Israel’s interest?

Unfortunately, there are good reasons to suggest Israel would go for either the “no man’s land” option, or a mixture of that and a military occupation authority. For one thing, these are the only options Israel is allowing to happen; by way of default alone, they are likely.

Additionally, this Israeli government allegedly has an overriding strategic goal, revealed in December by the Israeli newspaper Israel Hayom, and that is the “thinning” of Gaza’s population to a minimum. Some in Prime Minister Benjamin Netanyahu’s own cabinet have even asserted this publicly. A combination of anarchic non-administration with a military authority would make an exodus of Gazans from the territory more likely.

Moreover, some Israeli ministers advocate Israeli resettlement in northern Gaza. If Gaza is split into a north where Israeli settlements would thrive under the protection of an Israeli military authority, and a south where the population is encouraged to leave and no meaningful governance would be permitted, then Mr Netanyahu’s government would achieve what it appears he and his most hardline elements have been after.

None of the above, of course, is inevitable. But it is the most likely outcome, unless the calculations of Israeli leaders change. And such a change would require a real intervention, particularly from US leadership. And thus far, that is something that has not been forthcoming, to put it lightly.

Awar Qalb

Director: Jamal Salem

Starring: Abdulla Zaid, Joma Ali, Neven Madi and Khadija Sleiman

Two stars

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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

Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

EA Sports FC 26

Publisher: EA Sports

Consoles: PC, PlayStation 4/5, Xbox Series X/S

Rating: 3/5

Rashid & Rajab

Director: Mohammed Saeed Harib

Stars: Shadi Alfons,  Marwan Abdullah, Doaa Mostafa Ragab 

Two stars out of five 

NYBL PROFILE

Company name: Nybl 

Date started: November 2018

Founder: Noor Alnahhas, Michael LeTan, Hafsa Yazdni, Sufyaan Abdul Haseeb, Waleed Rifaat, Mohammed Shono

Based: Dubai, UAE

Sector: Software Technology / Artificial Intelligence

Initial investment: $500,000

Funding round: Series B (raising $5m)

Partners/Incubators: Dubai Future Accelerators Cohort 4, Dubai Future Accelerators Cohort 6, AI Venture Labs Cohort 1, Microsoft Scale-up 

It Was Just an Accident

Director: Jafar Panahi

Stars: Vahid Mobasseri, Mariam Afshari, Ebrahim Azizi, Hadis Pakbaten, Majid Panahi, Mohamad Ali Elyasmehr

Rating: 4/5

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Need to know

Unlike other mobile wallets and payment apps, a unique feature of eWallet is that there is no need to have a bank account, credit or debit card to do digital payments.

Customers only need a valid Emirates ID and a working UAE mobile number to register for eWallet account.

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
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Updated: June 10, 2024, 4:55 PM