• US climate envoy John Kerry attends the Regional Climate Dialogue in Abu Dhabi on Sunday. This is Mr Kerry's first visit to the Middle East, and Asia, since being appointed to the role. Courtesy: Office of the UAE Special Envoy for Climate Change
    US climate envoy John Kerry attends the Regional Climate Dialogue in Abu Dhabi on Sunday. This is Mr Kerry's first visit to the Middle East, and Asia, since being appointed to the role. Courtesy: Office of the UAE Special Envoy for Climate Change
  • US climate envoy John Kerry attends the Regional Climate Dialogue in Abu Dhabi on Sunday. This is Mr Kerry's first visit to the Middle East, and Asia, since being appointed to the role. Courtesy: Office of the UAE Special Envoy for Climate Change
    US climate envoy John Kerry attends the Regional Climate Dialogue in Abu Dhabi on Sunday. This is Mr Kerry's first visit to the Middle East, and Asia, since being appointed to the role. Courtesy: Office of the UAE Special Envoy for Climate Change
  • Alok Sharma, President of Cop26, attends the Regional Climate Dialogue in Abu Dhabi.
    Alok Sharma, President of Cop26, attends the Regional Climate Dialogue in Abu Dhabi.
  • The pledge issued at the end of the Regional Climate Dialogue vowed to help the most vulnerable.
    The pledge issued at the end of the Regional Climate Dialogue vowed to help the most vulnerable.
  • Delegates at the talks in Abu Dhabi.
    Delegates at the talks in Abu Dhabi.
  • Abdullah Al Nuaimi, UAE Minister of Climate Change and Environment and John Kerry, US climate envoy at the dialogue.
    Abdullah Al Nuaimi, UAE Minister of Climate Change and Environment and John Kerry, US climate envoy at the dialogue.
  • Abdullah Al Nuaimi, UAE Minister of Climate Change and Environment, at the Regional Climate Dialogue.
    Abdullah Al Nuaimi, UAE Minister of Climate Change and Environment, at the Regional Climate Dialogue.
  • The dialogue comes during a critical year in the global fight to halt rising temperatures. Courtesy: Office of the UAE Special Envoy for Climate Change
    The dialogue comes during a critical year in the global fight to halt rising temperatures. Courtesy: Office of the UAE Special Envoy for Climate Change
  • The UAE's Special Envoy for Climate Change, Dr Sultan Al Jaber, at the Regional Climate Dialogue. Courtesy: Office of the UAE Special Envoy for Climate Change
    The UAE's Special Envoy for Climate Change, Dr Sultan Al Jaber, at the Regional Climate Dialogue. Courtesy: Office of the UAE Special Envoy for Climate Change
  • US climate envoy John Kerry is given a helicopter tour of Noor solar park, outside Abu Dhabi on Saturday. Courtesy: Office of the UAE Special Envoy for Climate Change
    US climate envoy John Kerry is given a helicopter tour of Noor solar park, outside Abu Dhabi on Saturday. Courtesy: Office of the UAE Special Envoy for Climate Change
  • John Kerry speaks with Dr Sultan Al Jaber at Abu Dhabi's Shams 1 solar park on Saturday. The National
    John Kerry speaks with Dr Sultan Al Jaber at Abu Dhabi's Shams 1 solar park on Saturday. The National
  • This is John Kerry's first visit to the Middle East since being appointed US climate envoy. The National
    This is John Kerry's first visit to the Middle East since being appointed US climate envoy. The National
  • Mr Kerry has vowed to make up for the 'lost years' of the Donald Trump presidency and put the US at the forefront of efforts to protect the environment. The National
    Mr Kerry has vowed to make up for the 'lost years' of the Donald Trump presidency and put the US at the forefront of efforts to protect the environment. The National
  • John Kerry meets Francesco La Camera, director general of International Renewable Energy Agency, which has its global headquarters in Abu Dhabi. The National
    John Kerry meets Francesco La Camera, director general of International Renewable Energy Agency, which has its global headquarters in Abu Dhabi. The National
  • US climate envoy John Kerry visits Jubail Mangrove Park. Courtesy Office of the UAE Special Envoy for Climate Change
    US climate envoy John Kerry visits Jubail Mangrove Park. Courtesy Office of the UAE Special Envoy for Climate Change
  • An aerial image of Abu Dhabi's Noor solar park. Its 3.2 million panels make it the largest single-site solar park in the world. Courtesy: Noor Abu Dhabi
    An aerial image of Abu Dhabi's Noor solar park. Its 3.2 million panels make it the largest single-site solar park in the world. Courtesy: Noor Abu Dhabi
  • Arrayed panels at Abu Dhabi's Noor solar park. Pawan Singh / The National
    Arrayed panels at Abu Dhabi's Noor solar park. Pawan Singh / The National

John Kerry's visit will advance the UAE-US bilateral action on climate


  • English
  • Arabic

As John Kerry stepped onto UAE soil this Easter weekend, I was reminded of the words of the Founding Father, the late Sheikh Zayed, who emphasised the importance of unity in order to provide a better life for our people, to realise their hopes and aspirations, and to ensure stability.

Mr Kerry’s visit to the UAE in his role as US Special Presidential Envoy for Climate during our Golden Jubilee year is an example of Sheikh Zayed’s vision playing out on the highest of international levels. From here, our two nations will only continue to leverage a long-standing partnership to rouse the international community into creating a unified action plan for a stable and sustainable future.

This notion was clear for all to see as Dr Abdullah Al Nuaimi, the Minister of Climate Change and Environment, and Dr Sultan Al Jaber, the Minister of Industry and Advanced Technology and the UAE’s Special Envoy on Climate, hosted Alok Sharma, President of the 2021 UN Climate Change Conference (Cop26), as well as Mr Kerry and leaders from countries of the GCC and Mena region in Abu Dhabi on Sunday to inaugurate the UAE Regional Climate Dialogue.

Chaired by Dr Al Jaber, the event marked the first multilateral ministerial dialogue aimed at driving new climate mitigation efforts and growth opportunities in the Mena region and beyond.

Indeed, in the joint statement issued after the meeting, participants urged the international community to take steps to keep a Paris-aligned temperature limit within reach through “enhanced nationally determined contributions". The statement also outlined the importance of energy adaptation and the co-benefits of building resilience to climate change. The participating nations will aim to achieve these goals, they said, through “investments in renewable energy, ecosystem-based approaches, nature-based solutions, climate-smart agriculture, carbon-capture technologies, and other low-carbon solutions [that] will support sustainable economic growth and job creation".

Also on show during the Dialogue was a value the US and the UAE hold close: collectivism. The event brought together a multitude of perspectives to solve our biggest challenges and leave a lasting impact. Similarly, since taking office in January, the Biden-Harris administration has wasted no time in putting this into practice to confront the greatest challenge of our times: the climate emergency.

Mere days after being sworn in, President Joe Biden signed a set of sweeping environmental executive orders and announced a virtual summit of 40 world leaders on Earth Day this month as part of a resolute focus to build traction around global climate action. The UAE, which will be one of only two Arab nations in attendance at the Leaders Summit on Climate on April 22, has already begun aligning with the US on strategies to address the global climate agenda.

To date, several collaborations on renewable energy and sustainability-focused projects in the UAE have seen us working together to tackle global climate change challenges. Among them are the peaceful nuclear co-operation that resulted in the establishment of the Barakah Nuclear Energy Plant that generates clean electricity for the UAE, the Massachusetts Institute of Technology’s role in establishing and developing Abu Dhabi’s Masdar Institute of Science and Technology and subsequently Khalifa University and partnerships on carbon capture and renewables-powered desalination.

And in the other direction, the UAE has invested in a raft of forward-looking projects that are currently taking shape in Nebraska, Texas, California and New Mexico, covering solar photovoltaics, wind energy and lithium-ion batteries.

Marking the next step in this relationship, Dr Al Jaber opened a dialogue with Mr Kerry in February with a view to teaming up to combat the climate crisis while unlocking opportunities for economic growth and diversification and job creation that help build a carbon-free future.

The two special envoys agreed to set up bilateral working groups to advance our nations’ shared global climate agenda, and contribute to regional and global sustainable development. With time running out to limit global warming, and mere months to go before Cop26 in Glasgow, Scotland, close collaboration remains vital – not just between the UAE and the US, but also with our respective allies.

As the permanent home to the International Renewable Energy Agency, the UAE has contributed significantly to shaping the global dialogue around renewable energy. But our own energy leadership extends to concerted policy action and business incentives. For over 15 years, the nation has developed a considerable green economy with value additions in a wide range of areas, from eco-friendly transport and sustainable industry to carbon capture and storage, and clean energy.

The next 10 years, the US, the UAE and the wider international community firmly agree, must be a decade of action

To take just one sector as an example, the UAE has sizeable renewable energy investments in 70 countries around the world, including three of the biggest and lowest-cost solar plants right here within our own borders. These assets, whether in the UAE, the US or elsewhere, have improved economic opportunities, strengthened industrial diversification and enhanced financial output while creating knowledge, skills and jobs on the road to achieving the goals of the Paris Agreement.

The next 10 years, the US, the UAE and the wider international community firmly agree, must be a decade of action. As we move towards Cop26 for what must mark an inflection point in our approach to the climate emergency, the UAE stands ready to share its experience and expertise from the frontlines of the clean energy movement.

As Sheikh Zayed said, our forefathers recognised the need to conserve the environment, to take from it only what they needed to live and to preserve it for succeeding generations. Sustainability is in our DNA, and strengthening our partnership with the US will allow us to leverage the power of the green economy for the global good.

Dr Nawal Al-Hosany is a permanent representative of the UAE to the International Renewable Energy Agency

While you're here
if you go

The flights

Etihad, Emirates and Singapore Airlines fly direct from the UAE to Singapore from Dh2,265 return including taxes. The flight takes about 7 hours.

The hotel

Rooms at the M Social Singapore cost from SG $179 (Dh488) per night including taxes.

The tour

Makan Makan Walking group tours costs from SG $90 (Dh245) per person for about three hours. Tailor-made tours can be arranged. For details go to www.woknstroll.com.sg

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

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MATCH INFO

Liverpool 2 (Van Dijk 18', 24')

Brighton 1 (Dunk 79')

Red card: Alisson (Liverpool)

RESULT

RS Leipzig 3 

Marcel Sabitzer 10', 21'

Emil Forsberg 87'

Tottenham 0

 

Martin Sabbagh profile

Job: CEO JCDecaux Middle East

In the role: Since January 2015

Lives: In the UAE

Background: M&A, investment banking

Studied: Corporate finance

THREE
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England v South Africa schedule:

  • First Test: At Lord's, England won by 219 runs
  • Second Test: July 14-18, Trent Bridge, Nottingham, 2pm
  • Third Test: The Oval, London, July 27-31, 2pm
  • Fourth Test: Old Trafford, Manchester, August 4-8
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