As symbols for shattered sovereignty and political failure go, few beat the forlorn ruins of Gaza’s international airport. On its opening day on November 24, 1998, planes from Egypt, Morocco, Spain, Austria and the now-defunct Palestinian Airlines could be seen at Yasser Arafat International Airport, close to the border with Egypt. Along with plans for a major seaport, the air link was part of the Oslo agreements reached in 1993 that offered Palestinians even a limited taste of life free from Israeli occupation.
Fast forward to 2024 and the airport is still in ruins, having been bombed in 2001 by Israeli forces, who then went on to rip up its runway with bulldozers the following year. Work on the seaport began in July 2000 but ground to a halt amid a lack of construction materials and the turmoil of the Second Intifada that erupted later that year. Gaza remains without the infrastructure necessary to import goods by sea – an issue that has become painfully apparent amid the recent rush to build a floating pier off its shoreline that would allow emergency aid to be unloaded.
The lack of vital infrastructure is one of the reasons the Palestinian enclave has remained impoverished and dependent on aid for decades. This imposed helplessness has been exacerbated by Israel’s military response to Hamas’s October 7 attacks. At the start of February, the UNRWA – the UN agency for Palestinian refugees – said more than 70 per cent of civilian infrastructure, including homes, hospitals and schools, have been destroyed or severely damaged. While those who have died can never be replaced, and those orphaned or severely injured cannot be made whole, rebuilding infrastructure will take years of funding, planning and work.
But who will pay for all this? Those looking to the US will not be reassured, having seen its politicians feuding about whether to keep spending taxpayers’ money on supplying Ukraine – an American ally – with much-needed arms. Similarly, the EU has provided an enormous sum – €88 billion ($96.2 billion) and counting – in economic, humanitarian and military support for Ukraine since the 2022 invasion by Russia. Given their many spending commitments, persuading the West to invest heavily in Gazan reconstruction may prove difficult.
What of Israel? Fourteen years ago, the country paid the UNRWA $10.5 million for damage caused by its forces during the 2008-2009 Gaza War. According to a report from Gisha, an Israeli human rights NGO, this sum was barely enough to cover the estimated $10 million cost of the damage done to Gaza’s electricity network alone. Given the rhetoric coming from Israel’s current leadership, and despite the pragmatic sense it would make for Israeli security to have a functional and stable neighbour, it seems unlikely that funding to rebuild will come from this quarter.
Attention has turned to Arab states to potentially step in and pay for rebuilding Gaza. Despite many countries in the Arab world donating often and well to Palestinian relief efforts, these nations are wary of funding reconstruction for damage they did not cause and that could be bombed flat again at a moment’s notice.
More importantly, for Arab countries, funding is the not the key issue – the lack of a political process is. A clear programme that begins with a ceasefire and ends with the political solution that just about all parties recognise is the way out of the conflict is what’s needed. Where there is consensus, funds and action can follow effectively. In a recent interview with The National, GCC Secretary General Jasem Al Budaiwi recalled how, within days of Israel’s strikes on Gaza after Hamas’s attack on October 7, the bloc’s foreign ministers met in an extraordinary session and within 45 minutes had agreed on $100 million in humanitarian aid.
Reconstruction after a war is never easy. As well as funding and stability, much will also depend upon the role of the Palestinian leadership, which will have to be supported as it attempts to reassert itself as capable and representative.
But the rubble of Gaza’s airport tells us one thing: that better times are possible. The optimism of the Oslo years, and the tantalising glimpse of a Palestine that was open to the world should not be forgotten. While Norway’s Foreign Minister Espen Barth Eide concurred that ultimately the Oslo Accords led to “false promises”, he and other officials from around the world are trying to make those promises realities. The resolve of the Palestinian people should be enough inspiration for those with the patience and fortitude to rebuild when this war ends.
The President's Cake
Director: Hasan Hadi
Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem
Rating: 4/5
THE DETAILS
Kaala
Dir: Pa. Ranjith
Starring: Rajinikanth, Huma Qureshi, Easwari Rao, Nana Patekar
Rating: 1.5/5
Teaching in coronavirus times
The Comeback: Elvis And The Story Of The 68 Special
Simon Goddard
Omnibus Press
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
EMERGENCY PHONE NUMBERS
Estijaba – 8001717 – number to call to request coronavirus testing
Ministry of Health and Prevention – 80011111
Dubai Health Authority – 800342 – The number to book a free video or voice consultation with a doctor or connect to a local health centre
Emirates airline – 600555555
Etihad Airways – 600555666
Ambulance – 998
Knowledge and Human Development Authority – 8005432 ext. 4 for Covid-19 queries
Who was Alfred Nobel?
The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.
- In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
- Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
- Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
A cryptocurrency primer for beginners
Cryptocurrency Investing for Dummies – by Kiana Danial
There are several primers for investing in cryptocurrencies available online, including e-books written by people whose credentials fall apart on the second page of your preferred search engine.
Ms Danial is a finance coach and former currency analyst who writes for Nasdaq. Her broad-strokes primer (2019) breaks down investing in cryptocurrency into baby steps, while explaining the terms and technologies involved.
Although cryptocurrencies are a fast evolving world, this book offers a good insight into the game as well as providing some basic tips, strategies and warning signs.
Begin your cryptocurrency journey here.
Available at Magrudy’s , Dh104
More coverage from the Future Forum
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 Orwell Prize for Political Writing
Twelve books were longlisted for The Orwell Prize for Political Writing. The non-fiction works cover various themes from education, gender bias, and the environment to surveillance and political power. Some of the books that made it to the non-fiction longlist include:
- Appeasing Hitler: Chamberlain, Churchill and the Road to War by Tim Bouverie
- Some Kids I Taught and What They Taught Me by Kate Clanchy
- Invisible Women: Exposing Data Bias in a World Designed for Men by Caroline Criado Perez
- Follow Me, Akhi: The Online World of British Muslims by Hussein Kesvani
- Guest House for Young Widows: Among the Women of ISIS by Azadeh Moaveni
Labour dispute
The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.
- Abdullah Ishnaneh, Partner, BSA Law
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
MORE FROM CON COUGHLIN
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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
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
Who has been sanctioned?
Daniella Weiss and Nachala
Described as 'the grandmother of the settler movement', she has encouraged the expansion of settlements for decades. The 79 year old leads radical settler movement Nachala, whose aim is for Israel to annex Gaza and the occupied West Bank, where it helps settlers built outposts.
Harel Libi & Libi Construction and Infrastructure
Libi has been involved in threatening and perpetuating acts of aggression and violence against Palestinians. His firm has provided logistical and financial support for the establishment of illegal outposts.
Zohar Sabah
Runs a settler outpost named Zohar’s Farm and has previously faced charges of violence against Palestinians. He was indicted by Israel’s State Attorney’s Office in September for allegedly participating in a violent attack against Palestinians and activists in the West Bank village of Muarrajat.
Coco’s Farm and Neria’s Farm
These are illegal outposts in the West Bank, which are at the vanguard of the settler movement. According to the UK, they are associated with people who have been involved in enabling, inciting, promoting or providing support for activities that amount to “serious abuse”.