• President Sheikh Mohamed meets Ali Shamkhani, Secretary of the Supreme National Security Council of Iran, at Al Shati Palace in Abu Dhabi. All photos: UAE Presidential Court
    President Sheikh Mohamed meets Ali Shamkhani, Secretary of the Supreme National Security Council of Iran, at Al Shati Palace in Abu Dhabi. All photos: UAE Presidential Court
  • Sheikh Mansour bin Zayed, Deputy Prime Minister and Minister of the Presidential Court, and Sheikh Hamdan bin Mohamed at the meeting with Mr Shamkhani in Abu Dhabi
    Sheikh Mansour bin Zayed, Deputy Prime Minister and Minister of the Presidential Court, and Sheikh Hamdan bin Mohamed at the meeting with Mr Shamkhani in Abu Dhabi
  • Members of the Iranian delegation at the meeting with President Sheikh Mohamed
    Members of the Iranian delegation at the meeting with President Sheikh Mohamed
  • Sheikh Mohamed bin Hamad, private affairs adviser in the Presidential Court, and Ali Al Shamsi, secretary general of the UAE Supreme Council for National Security, at the meeting
    Sheikh Mohamed bin Hamad, private affairs adviser in the Presidential Court, and Ali Al Shamsi, secretary general of the UAE Supreme Council for National Security, at the meeting
  • Sheikh Mansour bin Zayed, Deputy Prime Minister and Minister of the Presidential Court and Sheikh Tahnoon bin Zayed, UAE National Security Adviser, at Al Shati Palace
    Sheikh Mansour bin Zayed, Deputy Prime Minister and Minister of the Presidential Court and Sheikh Tahnoon bin Zayed, UAE National Security Adviser, at Al Shati Palace

President Sheikh Mohamed meets top Iran security official


Amr Mostafa
  • English
  • Arabic

President Sheikh Mohamed met one of Iran's top security officials in Abu Dhabi on Thursday.

The UAE leader held talks with Ali Shamkhani, secretary of the Supreme National Security Council, at Al Shati Palace.

“Their talks covered regional and international issues of mutual concern, and the importance of working to support peace and co-operation in the region to enable progress and prosperity for its people,” state news agency Wam reported.

Sheikh Tahnoun bin Zayed, National Security Adviser, and Sheikh Mansour bin Zayed, Deputy Prime Minister and Minister of the Presidential Court, were also present at the meeting.

Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, receives Ali Shamkhani, secretary of the Supreme National Security Council of Iran, at Zabeel Palace in Dubai. Photo: Dubai Media Office
Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, receives Ali Shamkhani, secretary of the Supreme National Security Council of Iran, at Zabeel Palace in Dubai. Photo: Dubai Media Office

Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, also met the Iranian delegation on Thursday.

He received Mr Shamkhani at Zabeel Palace in Dubai, where they reviewed bilateral relations and future co-operation between both countries.

The meeting was attended by Sheikh Maktoum bin Mohammed, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance; Dr Anwar Gargash, diplomatic adviser to the President; and Talal Al Falasi, director general of Dubai’s State Security Department.

Earlier, Sheikh Tahnoun and Mr Shamkhani discussed relations between the two countries in the political, economic and trade fields.

They spoke of the need for stability and prosperity in the region, state news agency Wam reported.

Mr Shamkhani's visit comes days after Tehran and Riyadh reached a China-brokered deal to re-establish relations and reopen embassies within two months after years of hostility.

Following the storming of the Saudi embassy by hardline protesters in Tehran over Riyadh's execution of a prominent Shiite cleric, the UAE downgraded its diplomatic ties with Iran after Saudi Arabia severed links with Tehran in 2016.

Sheikh Tahnoun visited Tehran in December 2021 and met President Ebrahim Raisi as well as Mr Shamkhani.

In January, an Iranian delegation held talks with UAE officials in Abu Dhabi on economic co-operation between the two nations.

During the visit, Minister of State Khalifa Al Marar met Iranian Deputy Foreign Minister for Economic Diplomacy Mahdi Safari and other members of the delegation at the Ministry of Foreign Affairs and International Co-operation.

Iranian Foreign Minister Hossein Amirabdollahian visited the Emirates in May 2022 to offer his condolences on the death of the late President, Sheikh Khalifa.

“Opening a new page in the relations of the Islamic Republic of Iran and the United Arab Emirates. The strengthening of ties with our neighbours disappoints regional enemies,” Mr Amirabdollahian said on Twitter at the time.

Mr Raisi also sent his condolences to UAE leaders on the death of Sheikh Khalifa and congratulated Sheikh Mohamed on his election as President.

He said he hoped relations between the countries could grow in all fields.

RESULTS

Bantamweight: Jalal Al Daaja (JOR) beat Hamza Bougamza (MAR)

Catchweight 67kg: Mohamed El Mesbahi (MAR) beat Fouad Mesdari (ALG)

Lightweight: Abdullah Mohammed Ali (UAE) beat Abdelhak Amhidra (MAR)

Catchweight 73kg: Mosatafa Ibrahim Radi (PAL) beat Yazid Chouchane (ALG)

Middleweight: Yousri Belgaroui (TUN) beat Badreddine Diani (MAR)

Catchweight 78KG: Rashed Dawood (UAE) beat Adnan Bushashy (ALG)

Middleweight: Sallah-Eddine Dekhissi (MAR) beat Abdel Enam (EGY)

Catchweight 65kg: Yanis Ghemmouri (ALG) beat Rachid Hazoume (MAR)

Lightweight: Mohammed Yahya (UAE) beat Azouz Anwar (EGY)

Catchweight 79kg: Souhil Tahiri (ALG) beat Omar Hussein (PAL)

Middleweight: Tarek Suleiman (SYR) beat Laid Zerhouni (ALG)

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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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Bangladesh tour of Pakistan

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January 25 – Second T20, Lahore

January 27 – Third T20, Lahore

February 7-11 – First Test, Rawalpindi

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April 5-9 – Second Test, Karachi

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What are the GCSE grade equivalents?
 
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  • Grade 4 = grade C
  • Grade 3 = between grades D and E
  • Grade 2 = between grades E and F
  • Grade 1 = between grades F and G
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Director: Laxman Utekar

Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna

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Updated: March 16, 2023, 5:40 PM