• Displaced people have put up makeshift tents along elevated motorways and railway tracks in Pakistan's Balochistan province to escape the flooded plains. AFP
    Displaced people have put up makeshift tents along elevated motorways and railway tracks in Pakistan's Balochistan province to escape the flooded plains. AFP
  • A man and his children wade through floodwaters in Charsadda, Pakistan. AP
    A man and his children wade through floodwaters in Charsadda, Pakistan. AP
  • Homes are surrounded by floodwaters in Jaffarabad, a district of Balochistan province. AP
    Homes are surrounded by floodwaters in Jaffarabad, a district of Balochistan province. AP
  • Children are reflected in a mirror near their flood-hit home in Charsadda. AP
    Children are reflected in a mirror near their flood-hit home in Charsadda. AP
  • People launch a wooden boat into rising floodwaters in Mehar, Pakistan. Reuters
    People launch a wooden boat into rising floodwaters in Mehar, Pakistan. Reuters
  • People affected by floods move to higher ground in Dadu district, Sindh province, Pakistan. EPA
    People affected by floods move to higher ground in Dadu district, Sindh province, Pakistan. EPA
  • Displaced people take shelter on an elevated motorway to escape rising floodwaters. EPA
    Displaced people take shelter on an elevated motorway to escape rising floodwaters. EPA
  • People affected by floods wait for relief in Dadu district, Sindh province. EPA
    People affected by floods wait for relief in Dadu district, Sindh province. EPA
  • A girl sits amid the rubble of her damaged home in Charsadda district, Khyber Pakhtunkhwa province. AP
    A girl sits amid the rubble of her damaged home in Charsadda district, Khyber Pakhtunkhwa province. AP
  • A sick child struggles to eat in Charsadda after his family fled their home due to flooding. AP
    A sick child struggles to eat in Charsadda after his family fled their home due to flooding. AP
  • A man rides his donkey-drawn cart during a heavy rainfall in flood-hit Dera Allah Yar town in Balochistan province. AFP
    A man rides his donkey-drawn cart during a heavy rainfall in flood-hit Dera Allah Yar town in Balochistan province. AFP
  • Homes are surrounded by floodwaters in Sohbat Pur, a city in Balochistan. AP
    Homes are surrounded by floodwaters in Sohbat Pur, a city in Balochistan. AP
  • A boy pushes a motorbike after it stalled in Nowshera, Khyber Pakhtunkhwa province. Reuters
    A boy pushes a motorbike after it stalled in Nowshera, Khyber Pakhtunkhwa province. Reuters
  • Children affected by floods wait to receive food in Nowshera district. EPA
    Children affected by floods wait to receive food in Nowshera district. EPA
  • A man throws water out of his flooded home in Nowshera. EPA
    A man throws water out of his flooded home in Nowshera. EPA
  • People assess the damage to their home in Nowshera. EPA
    People assess the damage to their home in Nowshera. EPA
  • A family salvages items from the ruins of their home, which was destroyed by flooding, in the Shikarpur district of Sindh province. AP
    A family salvages items from the ruins of their home, which was destroyed by flooding, in the Shikarpur district of Sindh province. AP
  • The flooding has affected more than 33 million people in a country of 220 million. AP
    The flooding has affected more than 33 million people in a country of 220 million. AP
  • People salvage items from a damaged building in Kalam, Swat Valley. AP
    People salvage items from a damaged building in Kalam, Swat Valley. AP
  • Hotels are surrounded by floodwaters in Kalam. AP
    Hotels are surrounded by floodwaters in Kalam. AP
  • Displaced people sit on a tractor with their belongings as they make their way to higher ground in Shikarpur. AFP
    Displaced people sit on a tractor with their belongings as they make their way to higher ground in Shikarpur. AFP
  • A child sits on a dry ground at a makeshift camp in Shikarpur. AFP
    A child sits on a dry ground at a makeshift camp in Shikarpur. AFP
  • People jostle for drinking water delivered by a municipality lorry along a flooded road in Sohbatpur, Balochistan. AP
    People jostle for drinking water delivered by a municipality lorry along a flooded road in Sohbatpur, Balochistan. AP

Vegetable prices soar as flood-hit Pakistan faces food crisis


  • English
  • Arabic

Fruit and vegetable prices have shot up across Pakistan after flooding destroyed crops and disrupted supplies.

Flash floods have washed away roads, buildings and bridges, killing at least 1,100 people so far in the country’s worst flooding in three decades.

Damage to homes and infrastructure could cost more than $10 billion, the country's planning minister said on Monday. Losses to the country's key farming sector have yet to be fully assessed.

In the eastern city of Lahore, close to the border with India and far from the worst floods in Sindh province, the prices of some vegetables have tripled.

The Pakistani government sets prices for some fresh produce — but traders often ignore them.

“Last week, I sold onions for 90 rupees a kilogram and today the government price is 300 per kg,” said vegetable seller Ahmad Ali.

Tens of thousands of tonnes of tomatoes and onions, among the most common ingredients in Pakistani cooking, are consumed each month.

“The supply of vegetables and fruit to Lahore is getting lower day by day because of the flood, rains and destruction to roads,” said Malik Awan, a supplier at Lahore's fruit and vegetable market.

A vegetable market in Lahore. Monsoon floods have resulted in shortages that have driven up the prices of many staples. AFP
A vegetable market in Lahore. Monsoon floods have resulted in shortages that have driven up the prices of many staples. AFP

“Before the current scenario, we were receiving over 100 trucks [of fresh produce] daily. Now, we receive 10 to 15 trucks only,” Awan said.

Pakistan's 220 million people are already facing rising inflation, with consumer prices up about 25 per cent annually in July.

The economy is in turmoil, with fast-depleting foreign reserves and a record depreciation of the rupee against the US dollar.

Officials said that more than 800,000 hectares of agricultural land had been flooded, destroying most standing crops and preventing farmers from planting anew.

Hundreds of kilometres from Lahore, people must clear up flooded homes and, at the same time, worry about where the next meal will come from.

“Tomatoes were 60 rupees a kg, and now they are more than 200 … even the price of flour is double now,” said Sain Husain, 20, whose home in the village of Garhi Yasin, in the southern province of Sindh, has been badly damaged. “What can we do?”

Sindh, with a population of 50 million, is the hardest hit, with 697 millimetres of rain so far in the monsoon period, about 466 per cent above the 30-year monsoon average. Pakistan, as a whole, has received about 190 per cent more rain than the 30-year average.

In Dera Ismail Khan, which lies along the Indus river in central Pakistan, warehouses storing vegetables are already emptying out.

The government of Prime Minister Shehbaz Sharif is scrambling to secure supplies.

“The rice crop has been washed away,” Mr Sharif told reporters after visiting northern Pakistan. “Fruit and vegetables are gone.” He said floodwaters had swept away 700,000 livestock.

Pakistan's agriculture sector accounts for more than a fifth of the country's economic output, employing up to 40 per cent of the workforce and producing goods worth about $80 billion annually.

Commerce Minister Naveed Qamar said on Wednesday that the government was close to an agreement to import vegetables and other edible goods from Iran and Afghanistan. He said an urgent request had gone to the Cabinet to approve it.

“Prices are up already. If you go to buy onions, you wouldn't get [them]. If you go to buy tomatoes, you will get [them] at a much higher price,” Mr Qamar told a news conference.

FIGHT INFO

Men’s 60kg Round 1:

Ahmad Shuja Jamal (AFG) beat Krisada Takhiankliang (THA) - points 
Hyan Aljmyah (SYR) beat Akram Alyminee (YEM) - retired Round 1
Ibrahim Bilal (UAE) beat Bhanu Pratap Pandit (IND) - TKO Round 1

Men’s 71kg Round 1:
Seyed Kaveh Soleyman (IRI) beat Abedel Rahman (JOR) - RSC round 3.
Amine Al Moatassime (UAE) walk over Ritiz Puri (NEP)

RIVER%20SPIRIT
%3Cp%3E%3Cstrong%3EAuthor%3A%20%3C%2Fstrong%3ELeila%20Aboulela%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPublisher%3A%3C%2Fstrong%3E%20Saqi%20Books%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPages%3A%3C%2Fstrong%3E%20320%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EAvailable%3A%3C%2Fstrong%3E%20Now%3C%2Fp%3E%0A

6.30pm: Al Maktoum Challenge Round-3 Group 1 (PA) | US$95,000 | (Dirt) 2,000m
7.05pm: Meydan Classic Listed (TB) ) | $175,000) | (Turf) 1,600m
7.40pm: Handicap (TB) ) | $135,000 ) | (D) 1,600m
8.15pm: Nad Al Sheba Trophy Group 3 (TB) ) | $300,000) | (T) 2,810m
8.50pm: Curlin Handicap Listed (TB)) | $160,000) | (D) 2,000m
9.25pm: Handicap (TB)) | $175,000) | (T) 1,400m
10pm: Handicap (TB) ) | $135,000 ) | (T) 2,000m

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3C%2Fstrong%3E%3A%20ASI%20(formerly%20DigestAI)%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202017%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Quddus%20Pativada%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%2C%20UAE%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Artificial%20intelligence%2C%20education%20technology%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20%243%20million-plus%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20GSV%20Ventures%2C%20Character%2C%20Mark%20Cuban%3C%2Fp%3E%0A
If you go

The flights Etihad (www.etihad.com) and Spice Jet (www.spicejet.com) fly direct from Abu Dhabi and Dubai to Pune respectively from Dh1,000 return including taxes. Pune airport is 90 minutes away by road. 

The hotels A stay at Atmantan Wellness Resort (www.atmantan.com) costs from Rs24,000 (Dh1,235) per night, including taxes, consultations, meals and a treatment package.
 

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
PROFILE OF HALAN

Started: November 2017

Founders: Mounir Nakhla, Ahmed Mohsen and Mohamed Aboulnaga

Based: Cairo, Egypt

Sector: transport and logistics

Size: 150 employees

Investment: approximately $8 million

Investors include: Singapore’s Battery Road Digital Holdings, Egypt’s Algebra Ventures, Uber co-founder and former CTO Oscar Salazar

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 Sand Castle

Director: Matty Brown

Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea

Rating: 2.5/5

Naga
%3Cp%3E%3Cstrong%3EDirector%3A%C2%A0%3C%2Fstrong%3EMeshal%20Al%20Jaser%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%C2%A0%3C%2Fstrong%3EAdwa%20Bader%2C%20Yazeed%20Almajyul%2C%20Khalid%20Bin%20Shaddad%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E4%2F5%3C%2Fp%3E%0A
Fitness problems in men's tennis

Andy Murray - hip

Novak Djokovic - elbow

Roger Federer - back

Stan Wawrinka - knee

Kei Nishikori - wrist

Marin Cilic - adductor

The specs

Engine: 2-litre 4-cylinder and 3.6-litre 6-cylinder

Power: 220 and 280 horsepower

Torque: 350 and 360Nm

Transmission: eight-speed automatic

Price: from Dh136,521 VAT and Dh166,464 VAT 

On sale: now

The Birkin bag is made by Hermès. 
It is named after actress and singer Jane Birkin
Noone from Hermès will go on record to say how much a new Birkin costs, how long one would have to wait to get one, and how many bags are actually made each year.

What sanctions would be reimposed?

Under ‘snapback’, measures imposed on Iran by the UN Security Council in six resolutions would be restored, including:

  • An arms embargo
  • A ban on uranium enrichment and reprocessing
  • A ban on launches and other activities with ballistic missiles capable of delivering nuclear weapons, as well as ballistic missile technology transfer and technical assistance
  • A targeted global asset freeze and travel ban on Iranian individuals and entities
  • Authorisation for countries to inspect Iran Air Cargo and Islamic Republic of Iran Shipping Lines cargoes for banned goods
GAC GS8 Specs

Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

Torque: 400Nm at 1,750-4,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

On sale: Now

Price: From Dh149,900

The specs
  • Engine: 3.9-litre twin-turbo V8
  • Power: 640hp
  • Torque: 760nm
  • On sale: 2026
  • Price: Not announced yet
Key fixtures from January 5-7

Watford v Bristol City

Liverpool v Everton

Brighton v Crystal Palace

Bournemouth v AFC Fylde or Wigan

Coventry v Stoke City

Nottingham Forest v Arsenal

Manchester United v Derby

Forest Green or Exeter v West Brom

Tottenham v AFC Wimbledon

Fleetwood or Hereford v Leicester City

Manchester City v Burnley

Shrewsbury v West Ham United

Wolves v Swansea City

Newcastle United v Luton Town

Fulham v Southampton

Norwich City v Chelsea

Updated: September 01, 2022, 5:43 AM