The President of the UAE, Sheikh Khalifa, has died.
The news was announced on Friday afternoon by the state news agency Wam.
The Ministry of Presidential Affairs said there will be 40 days of official mourning with flags at half-staff, and three days of closure of ministries and official entities at the federal and local levels as well as the private sector.
The official mourning period will begin on Saturday, with normal working hours resuming on Tuesday.
The UAE lost its righteous son, the leader of the 'empowerment stage' and the trustee of its blessed journey
Sheikh Mohamed bin Zayed
The funeral will be on Friday after the maghrib prayer, with all mosques in the UAE holding funeral prayers.
On Saturday, Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, will receive condolences from the Rulers of the Emirates and senior officials at Mushrif Palace.
In a statement published by Wam, the Ministry of Presidential Affairs expressed its condolences to the people of the UAE, Arab and Islamic nations and the world on the death of Sheikh Khalifa.
Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, expressed his deep sadness at the news.
“It is with great sorrow and grief that we mourn to the UAE people, Arab and Islamic nations and the world the death of President of our country Sheikh Khalifa bin Zayed Al Nahyan, the leader of our journey,” Sheikh Mohammed wrote on Twitter.
“May Allah bless his soul with ease on his new journey into the hereafter and grant him the highest ranks of paradise.
“Oh God, we testify that Khalifa bin Zayed has fulfilled his duty, served and loved his people. Oh God, his people have been satisfied with him, so be pleased with him and grant him your mercy and the highest ranks of paradise.
“Grant us, his people, his family and his loved ones patience and solace. To God we belong and to Him we shall return.”
Sheikh Mohamed bin Zayed shared an online message in honour of the UAE President.
“To God we belong and to Him we shall return,” Sheikh Mohamed wrote.
“The UAE lost its righteous son, the leader of the 'empowerment stage' and the trustee of its blessed journey.
“His stances, achievements, wisdom, giving and initiatives are in every corner of the country.
“Khalifa bin Zayed, my brother, my mentor and my teacher, may God have mercy on you with his vast mercy and grant you his satisfaction and paradise.”
Leaders from across the region and around the world have offered their condolences.
Following the death of President Sheikh Khalifa, a new President of the Emirates and Ruler of Abu Dhabi will be named.
The UAE Constitution states that the Supreme Council will have one month to convene and choose the successor to the role of President. The new President will be selected from among the members of the Federal Supreme Council.
During this time, Sheikh Mohammed bin Rashid will assume all presidential powers.
The Supreme Council will then elect the new President, who will hold office for five years before being eligible for re-election.
On December 3, 2004, one day after the death of the Founding Father, Sheikh Zayed bin Sultan Al Nahyan, the council met and unanimously elected Sheikh Khalifa to the position of President.
The successor of Sheikh Khalifa as Ruler of Abu Dhabi is expected to be known within 24 hours.
Russia's Muslim Heartlands
Dominic Rubin, Oxford
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 five pillars of Islam
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The biog
Most memorable achievement: Leading my first city-wide charity campaign in Toronto holds a special place in my heart. It was for Amnesty International’s Stop Violence Against Women program and showed me the power of how communities can come together in the smallest ways to have such wide impact.
Favourite film: Childhood favourite would be Disney’s Jungle Book and classic favourite Gone With The Wind.
Favourite book: To Kill A Mockingbird for a timeless story on justice and courage and Harry Potters for my love of all things magical.
Favourite quote: “We make a living by what we get, but we make a life by what we give.” — Winston Churchill
Favourite food: Dim sum
Favourite place to travel to: Anywhere with natural beauty, wildlife and awe-inspiring sunsets.
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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
Charlotte Gainsbourg
Rest
(Because Music)
The specs
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