DUBAI // The UAE has urged more countries to sign up to a nuclear convention committing them to international standards of safety.
Hamad Al Kaabi, the UAE Ambassador to the International Atomic Energy Agency (IAEA), made the call in Vienna at a meeting ahead of the next non-proliferation summit.
"We encourage all states that have not yet done so to become party to the Convention on Nuclear Safety, especially those states with significant nuclear facilities," Mr Al Kaabi said.
The convention was drawn up by the International Atomic Energy Agency in 1994 and is designed to promote higher safety levels through regular meetings and a system of peer review.
Introduced in 1996, it now has 74 signatories, but 10 have yet to ratify their agreements. They include Syria, Algeria, Egypt and Israel.
The UAE has been a member since October 2009.
Countries that have signed the convention are asked to meet IAEA standards for the location, design, construction and operation of their power plants.
They must also prove they have enough financial and human resources, and volunteer for the assessment and verification of their safety practices, quality assurance and readiness for emergencies.
"All member states should work closely with the IAEA in drawing the right lessons from Fukushima and implementing the adopted IAEA Nuclear Safety Action Plan," said Mr Al Kaabi.
The triple meltdown at the Fukushima Daiichi nuclear plant in Japan following an earthquake in March last year, brought nuclear safety back into discussion at the highest political levels in the UAE, he said.
"The UAE is committed to the implementation of IAEA nuclear safety plan and has already taken steps towards this goal," Mr Al Kaabi said.
He said the UAE had concluded its Integrated Nuclear Infrastructure Review in 2010 and the Integrated Regulatory Review Service last year.
"My delegation believes that the IAEA has a central and leading role to play in harmonising member states' actions to enhance nuclear safety," Mr Al Kaabi said.
In his speech, he reiterated the UAE's support for the establishment of an independent fuel bank for nations to store uranium collectively and create a supply for peaceful purposes.
"We welcome the steps taken towards the establishment of the IAEA fuel bank and encourage further efforts in this area," Mr Al Kaabi said.
The bank has been a topic of discussion for nine years, since the former IAEA director general Dr Mohammed El Baradei suggested it in 2003.
In 2009, the UAE pledged US$10 million (Dh36.7m) to the establishment of the IAEA fuel bank, which would ensure member states forgo any pursuit of technology related to enriching uranium.
"The IAEA has a central and crucial role to play in the development of multilateral approaches to the nuclear fuel cycle, including development of mechanisms for assurance of nuclear-fuel supply, as well as multilateral schemes dealing with the back-end of the fuel cycle," Mr Al Kaabi said.
He was speaking to the preparatory committee for the 2015 Review Conference of the Parties to the Treaty on the Non-Proliferation of Nuclear Weapons.
This was this first of three sessions to be held before the 2015 review conference.
Mr Al Kaabi praised the IAEA for its role in ensuring nuclear safety.
"We acknowledge with appreciation all concrete steps taken by the IAEA for this purpose - specifically, those aimed at promoting peer review services and strengthening safety standards," he said.
amustafa@thenational.ae
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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."
What went into the film
25 visual effects (VFX) studios
2,150 VFX shots in a film with 2,500 shots
1,000 VFX artists
3,000 technicians
10 Concept artists, 25 3D designers
New sound technology, named 4D SRL
Specs
Engine: Duel electric motors
Power: 659hp
Torque: 1075Nm
On sale: Available for pre-order now
Price: On request
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
Classification of skills
A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation.
A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.
The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000.
COMPANY PROFILE
Name: Kumulus Water
Started: 2021
Founders: Iheb Triki and Mohamed Ali Abid
Based: Tunisia
Sector: Water technology
Number of staff: 22
Investment raised: $4 million
Founders: Ines Mena, Claudia Ribas, Simona Agolini, Nourhan Hassan and Therese Hundt
Date started: January 2017, app launched November 2017
Based: Dubai, UAE
Sector: Private/Retail/Leisure
Number of Employees: 18 employees, including full-time and flexible workers
Funding stage and size: Seed round completed Q4 2019 - $1m raised
Funders: Oman Technology Fund, 500 Startups, Vision Ventures, Seedstars, Mindshift Capital, Delta Partners Ventures, with support from the OQAL Angel Investor Network and UAE Business Angels
The specs
Engine: 2.0-litre 4-cylinder turbo hybrid
Transmission: eight-speed automatic
Power: 390bhp
Torque: 400Nm
Price: Dh340,000 ($92,579
'Brazen'
Director: Monika Mitchell
Starring: Alyssa Milano, Sam Page, Colleen Wheeler
Rating: 3/5
Florence and the Machine – High as Hope
Three stars