The 13th-century Islamic scholar and poet Rumi once wrote: "Where there is ruin, there is hope for treasure.”
In his play, The Two Gentlemen of Verona, written some time between 1589 and 1593, William Shakespeare wrote, “Hope is a lover's staff; walk hence with that and manage it against despairing thoughts.”
Emily Dickinson, the reclusive American poet, penned these famous words in 1861: “Hope is the thing with feathers that perches in the soul – and sings the tunes without the words – and never stops at all.”
This week’s Arabic Word of the Week is amal, which means hope. Throughout time, amal has been a significant concept across cultures, and despite intersecting many facets of life – particularly the emotional and spiritual – the meaning of amal is rather straightforward.
Derived from the three Arabic letters – alif, meem and lam – amal is a verb that means hope in at least three ways. The first is to be hopeful for something, the second is to desire or wish for something and the third is to expect or manifest for something to happen.
In Arabic the meaning of amal can change depending on the word used after it and the context of the subject. For example, amal khayraho means to hope for good, while moukhayyib al amal, which literally translates to the disappointment of hope, means a letdown.
There are other words derived from amal that further embellish its meaning.
Ammala means to inspire someone to be hopeful about a dire situation. The verb amla in the broad sense means the act of passing information. But it can also mean the act of giving instructions to someone or to dictate what is being told to them.
Ta'ammala is a verb referring to someone who thinks and analyses an issue or topic in extreme depth. Mouamal means something that is expected to come. Mouta'ammil refers to someone who is hopeful while ta'ammoul is the verb of being hopeful.
Amal is also a feminine Arabic name. It also means hope, but a pleading type of hope. While pleading in English has negative connotations associated with desperation, this is not the case in Arabic. Amal as a name refers to a greater, more intense sense of hope.
Thanks to Amal Clooney, the Lebanese-British barrister who in 2014 married actor George Clooney, the name Amal became much more recognisable and commonplace in the West.
Within a religious context the concept of amal is strongly linked to hope, expectation, and having faith and trust in God. In Islam it is also closely linked to the concept of tawakkul, which refers to absolute and utter reliance on God and his plan.
Legendary Egyptian singer Umm Kulthum’s song Amal Hayaty (Hope of my Life), which was first released in the late 1960s, is considered one of her most famous and powerful songs.
Written by the Egyptian poet Ahmad Shafiq Kamel and composed by Mohamed Abdel Wahab, the lyrics of the song narrate a deep love and devotion to a lover who is the source of all hope and happiness in the singer’s life.
Libya's Gold
UN Panel of Experts found regime secretly sold a fifth of the country's gold reserves.
The panel’s 2017 report followed a trail to West Africa where large sums of cash and gold were hidden by Abdullah Al Senussi, Qaddafi’s former intelligence chief, in 2011.
Cases filled with cash that was said to amount to $560m in 100 dollar notes, that was kept by a group of Libyans in Ouagadougou, Burkina Faso.
A second stash was said to have been held in Accra, Ghana, inside boxes at the local offices of an international human rights organisation based in France.
What can victims do?
Always use only regulated platforms
Stop all transactions and communication on suspicion
Save all evidence (screenshots, chat logs, transaction IDs)
Report to local authorities
Warn others to prevent further harm
Courtesy: Crystal Intelligence
Scores
New Zealand 266 for 9 in 50 overs
Pakistan 219 all out in 47.2 overs
New Zealand win by 47 runs
First Person
Richard Flanagan
Chatto & Windus
Results
5pm: Wadi Nagab – Maiden (PA) Dh80,000 (Turf) 1,200m; Winner: Al Falaq, Antonio Fresu (jockey), Ahmed Al Shemaili (trainer)
5.30pm: Wadi Sidr – Handicap (PA) Dh80,000 (T) 1,200m; Winner: AF Majalis, Tadhg O’Shea, Ernst Oertel
6pm: Wathba Stallions Cup – Handicap (PA) Dh70,000 (T) 2,200m; Winner: AF Fakhama, Fernando Jara, Mohamed Daggash
6.30pm: Wadi Shees – Handicap (PA) Dh80,000 (T) 2,200m; Winner: Mutaqadim, Antonio Fresu, Ibrahim Al Hadhrami
7pm: Arabian Triple Crown Round-1 – Listed (PA) Dh230,000 (T) 1,600m; Winner: Bahar Muscat, Antonio Fresu, Ibrahim Al Hadhrami
7.30pm: Wadi Tayyibah – Maiden (TB) Dh80,000 (T) 1,600m; Winner: Poster Paint, Patrick Cosgrave, Bhupat Seemar
'Fantastic Beasts: The Secrets of Dumbledore'
Rating: 3/5
Directed by: David Yates
Starring: Mads Mikkelson, Eddie Redmayne, Ezra Miller, Jude Law
The Two Popes
Director: Fernando Meirelles
Stars: Anthony Hopkins, Jonathan Pryce
Four out of five stars
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Moon Music
Artist: Coldplay
Label: Parlophone/Atlantic
Number of tracks: 10
Rating: 3/5
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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
Know your Camel lingo
The bairaq is a competition for the best herd of 50 camels, named for the banner its winner takes home
Namoos - a word of congratulations reserved for falconry competitions, camel races and camel pageants. It best translates as 'the pride of victory' - and for competitors, it is priceless
Asayel camels - sleek, short-haired hound-like racers
Majahim - chocolate-brown camels that can grow to weigh two tonnes. They were only valued for milk until camel pageantry took off in the 1990s
Millions Street - the thoroughfare where camels are led and where white 4x4s throng throughout the festival
Election pledges on migration
CDU: "Now is the time to control the German borders and enforce strict border rejections"
SPD: "Border closures and blanket rejections at internal borders contradict the spirit of a common area of freedom"
The specs
Engine: 2.7-litre 4-cylinder Turbomax
Power: 310hp
Torque: 583Nm
Transmission: 8-speed automatic
Price: From Dh192,500
On sale: Now