Lebanese Parliament Speaker Nabih Berri, left, Lebanese outgoing defence minister Zeina Akar, centre, and Unifil head Maj Gen Stefano Del Col announced an agreement on a framework of indirect talks between Lebanon and Israel over the longstanding disputed maritime border between the two countries. AP Photo
Lebanese Parliament Speaker Nabih Berri, left, Lebanese outgoing defence minister Zeina Akar, centre, and Unifil head Maj Gen Stefano Del Col announced an agreement on a framework of indirect talks between Lebanon and Israel over the longstanding disputed maritime border between the two countries. AP Photo
Lebanese Parliament Speaker Nabih Berri, left, Lebanese outgoing defence minister Zeina Akar, centre, and Unifil head Maj Gen Stefano Del Col announced an agreement on a framework of indirect talks between Lebanon and Israel over the longstanding disputed maritime border between the two countries. AP Photo
Lebanese Parliament Speaker Nabih Berri, left, Lebanese outgoing defence minister Zeina Akar, centre, and Unifil head Maj Gen Stefano Del Col announced an agreement on a framework of indirect talks be

Lebanon-Israel talks will mark another win for Donald Trump


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Whatever be the outcome of the US presidential election in November, credit must be given where credit is due. And it would be fair to say that, for the Middle East, the current incumbent Donald Trump has been consequential as an American leader. In fact, it would not be inaccurate to suggest that he has managed to bring about a radical change in the political landscape of the region – with one of the biggest beneficiaries of Mr Trump’s diplomatic efforts being Israel.

The ink is not yet dry on the Abraham accords, recently signed by the UAE and Bahrain with Israel, but progress is already being made in Israel-Lebanon relations. The surprise announcement of the start of the first civilian negotiations regarding the demarcation of land and maritime borders – brokered by the US and overseen by the United Nations – may only be receiving fleeting coverage from American media outlets. But it is a major achievement for the Trump administration.

The President will, no doubt, focus on what Israel stands to gain from having positive relations with its neighbours, in order to please the Jewish and pro-Israeli sections of America’s electorate. But the positive outcome of talks with Israel is just as important for Lebanon’s future, because it gives Beirut the option of hedging its relations with Iran. The influence of Tehran, lest we forget, is deeply entrenched in Lebanese politics – not least because its proxy Hezbollah doubles up as a powerful political party and militia inside the tiny Arab country.

Unifil vehicles patrol the area of Naqura, south of the Lebanese city of Tyre, on the border with Israel, this week. AFP
Unifil vehicles patrol the area of Naqura, south of the Lebanese city of Tyre, on the border with Israel, this week. AFP

The real threat of sanctions, which the Trump administration often effectively wields, has played a key role in Lebanon’s decision to talk to Israel, which is both a neighbour and an adversary.

The so-called “Shiite Duo” of Lebanese politics – Hezbollah and the Amal Movement – had long refused to demarcate the country’s borders with Israel. The reason for this being that they had sought to avoid doing the same with their other neighbour, Syria, with a view to remain coupled with the powers that be in Damascus. Iran and Hezbollah have been determined to keep the Lebanese-Syrian border wide open to allow for the flow of weapons, fighters, narcotics and cash unhindered, and to maintain the subjugation of Lebanon and its people.

Sanctions, however, have shaken the ground beneath the feet of those Lebanese leaders allied to Hezbollah and Amal.

Parliament Speaker Nabih Berri, who leads Amal, agreed to hold talks with Israel only after the Trump administration slapped sanctions on one of his closest associates, former finance minister Ali Hassan Khalil. Likewise, the tone of Gebran Bassil, leader of the Free Patriotic Movement and son-in-law of President Michel Aoun, changed drastically after Youssef Fenianos, the former transport minister, was similarly sanctioned by Washington. Even Saad Hariri, the former prime minister, and his Future Movement party may avoid striking a deal with Hezbollah in the future, for fear of such retribution.

The threat of US sanctions loom large not just for Lebanese politicians, however. Many Syrian and Iranian leaders are nervous as well, and possibly counting down to US Election Day. But they must realise that whether it is Republicans or Democrats who will run Washington over the next four years, there is a consensus in American politics over how best to deal with Tehran and its proxies, be it Hezbollah in Lebanon or the Assad regime in Syria.

US Secretary of State Mike Pompeo, left, and Defence Secretary Mark Esper attend a news conference to announce the Trump administration's restoration of sanctions on Iran last month. AP Photo
US Secretary of State Mike Pompeo, left, and Defence Secretary Mark Esper attend a news conference to announce the Trump administration's restoration of sanctions on Iran last month. AP Photo

I got a sense of this consensus during a recent conversation with Joel Rayburn, the US Deputy Assistant Secretary for Levant Affairs, and James Jeffrey, the US Special Representative for Syria Engagement.

“Whether it's in Syria, whether it's in Lebanon, or elsewhere, we have a charge from the leaders of the administration, and we have a charge from Congress to implement our sanctions authorities – and we're on a path to do that,” Mr Rayburn told me. He added that it was a strategy that also had the backing of the international community at large. Indeed, the West has grown tired of extremists and the adverse impact they are having across Europe and North America.

This is precisely why the Caesar Syria Civilian Protection Act has been such an effective tool in punishing those wrongdoers who have the backing of the Assad regime and have profited from the ongoing civil war in that country – regardless of nationality. According to Mr Jeffrey, the Trump administration has “full authority and every intention” to implement the act.

“If you, wherever you are in the world, are supporting this criminal regime, we're coming after you,” he added. “There is such a rich target list of Syrian officials who have done so much to deserve sanctions, that we're still working our way through them. But people need to be patient, we're going to take them down sooner or later.”

Mr Jeffrey also claimed that the relative calm in Syria at the moment is the result of the sanctions. “[Bashar Al] Assad's not taking any more territory, [and] he's going to have to deal sooner or later.”

However, it is clear that Iran continues its attempts to push back against American presence in the region, notably in Iraq, where its proxies are constantly attacking the US embassy and personnel in Baghdad. Even as Iran struggles under the grip of a sanctions regime, its strategy in the Middle East is to depend even more on its proxies to create unrest and instability.

As Election Day nears, there is the potential for escalation, as both sides refuse to concede an inch to the other.

Raghida Dergham is the founder and executive chairwoman of the Beirut Institute

The specs
Engine: 2.7-litre 4-cylinder Turbomax
Power: 310hp
Torque: 583Nm
Transmission: 8-speed automatic
Price: From Dh192,500
On sale: Now
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

LILO & STITCH

Starring: Sydney Elizebeth Agudong, Maia Kealoha, Chris Sanders

Director: Dean Fleischer Camp

Rating: 4.5/5

MADAME%20WEB
%3Cp%3EDirector%3A%20S.J.%20Clarkson%3C%2Fp%3E%0A%3Cp%3EStarring%3A%20Dakota%20Johnson%2C%20Tahar%20Rahim%2C%20Sydney%20Sweeney%3C%2Fp%3E%0A%3Cp%3ERating%3A%203.5%2F5%3C%2Fp%3E%0A

England's all-time record goalscorers:
Wayne Rooney 53
Bobby Charlton 49
Gary Lineker 48
Jimmy Greaves 44
Michael Owen 40
Tom Finney 30
Nat Lofthouse 30
Alan Shearer 30
Viv Woodward 29
Frank Lampard 29

Key findings of Jenkins report
  • Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
  • Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
  • Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
  • Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."
Results

1. New Zealand Daniel Meech – Fine (name of horse), Richard Gardner – Calisto, Bruce Goodin - Backatorps Danny V, Samantha McIntosh – Check In. Team total First round: 200.22; Second round: 201.75 – Penalties 12 (jump-off 40.16 seconds) Prize €64,000

2. Ireland Cameron Hanley – Aiyetoro, David Simpson – Keoki, Paul Kennedy – Cartown Danger Mouse, Shane Breen – Laith. Team total 200.25/202.84 – P 12 (jump-off 51.79 – P17) Prize €40,000

3. Italy Luca Maria Moneta – Connery, Luca Coata – Crandessa, Simone Coata – Dardonge, Natale Chiaudani – Almero. Team total 130.82/198.-4 – P20. Prize €32,000

Name: Peter Dicce

Title: Assistant dean of students and director of athletics

Favourite sport: soccer

Favourite team: Bayern Munich

Favourite player: Franz Beckenbauer

Favourite activity in Abu Dhabi: scuba diving in the Northern Emirates 

 

ESSENTIALS

The flights

Emirates flies direct from Dubai to Rio de Janeiro from Dh7,000 return including taxes. Avianca fliles from Rio to Cusco via Lima from $399 (Dhxx) return including taxes. 

The trip

From US$1,830 per deluxe cabin, twin share, for the one-night Spirit of the Water itinerary and US$4,630 per deluxe cabin for the Peruvian Highlands itinerary, inclusive of meals, and beverages. Surcharges apply for some excursions.

War 2

Director: Ayan Mukerji

Stars: Hrithik Roshan, NTR, Kiara Advani, Ashutosh Rana

Rating: 2/5

SERIES INFO

Cricket World Cup League Two
Nepal, Oman, United States tri-series
Tribhuvan University, Kathmandu
 
Fixtures
Wednesday February 5, Oman v Nepal
Thursday, February 6, Oman v United States
Saturday, February 8, United States v Nepal
Sunday, February 9, Oman v Nepal
Tuesday, February 11, Oman v United States
Wednesday, February 12, United States v Nepal

Table
The top three sides advance to the 2022 World Cup Qualifier.
The bottom four sides are relegated to the 2022 World Cup playoff

 1 United States 8 6 2 0 0 12 0.412
2 Scotland 8 4 3 0 1 9 0.139
3 Namibia 7 4 3 0 0 8 0.008
4 Oman 6 4 2 0 0 8 -0.139
5 UAE 7 3 3 0 1 7 -0.004
6 Nepal 0 0 0 0 0 0 0
7 PNG 8 0 8 0 0 0 -0.458

Sui Dhaaga: Made in India

Director: Sharat Katariya

Starring: Varun Dhawan, Anushka Sharma, Raghubir Yadav

3.5/5

The White Lotus: Season three

Creator: Mike White

Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell

Rating: 4.5/5

MATCH INFO

Al Jazira 3 (O Abdulrahman 43', Kenno 82', Mabkhout 90 4')

Al Ain 1 (Laba 39')

Red cards: Bandar Al Ahbabi (Al Ain)

French business

France has organised a delegation of leading businesses to travel to Syria. The group was led by French shipping giant CMA CGM, which struck a 30-year contract in May with the Syrian government to develop and run Latakia port. Also present were water and waste management company Suez, defence multinational Thales, and Ellipse Group, which is currently looking into rehabilitating Syrian hospitals.

Six large-scale objects on show
  • Concrete wall and windows from the now demolished Robin Hood Gardens housing estate in Poplar
  • The 17th Century Agra Colonnade, from the bathhouse of the fort of Agra in India
  • A stagecloth for The Ballet Russes that is 10m high – the largest Picasso in the world
  • Frank Lloyd Wright’s 1930s Kaufmann Office
  • A full-scale Frankfurt Kitchen designed by Margarete Schütte-Lihotzky, which transformed kitchen design in the 20th century
  • Torrijos Palace dome
The President's Cake

Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

Qosty Byogaani

Starring: Hani Razmzi, Maya Nasir and Hassan Hosny

Four stars

Emergency

Director: Kangana Ranaut

Stars: Kangana Ranaut, Anupam Kher, Shreyas Talpade, Milind Soman, Mahima Chaudhry 

Rating: 2/5