Israel's UN ambassador said his country has 'no intention of building any new communities' in the occupied West Bank. AFP
Israel's UN ambassador said his country has 'no intention of building any new communities' in the occupied West Bank. AFP
Israel's UN ambassador said his country has 'no intention of building any new communities' in the occupied West Bank. AFP
Israel's UN ambassador said his country has 'no intention of building any new communities' in the occupied West Bank. AFP

UN envoy urges Israel to cease all settlement activity 'immediately'


Adla Massoud
  • English
  • Arabic

The UN's special envoy for the Middle East urged Israel on Wednesday to cease all settlement activity “immediately”, in line with its obligations under international law.

During the monthly UN Security Council meeting on the Israeli-Palestinian conflict, Tor Wennesland said he was “deeply troubled” by continued Israeli settlement expansion, including the recent authorisation of nine illegal outposts and the advancement of more than 7,000 settlement housing units.

“Israeli settlements have no legal validity and constitute a flagrant violation of international law and United Nations resolutions,” said the special envoy for the Middle East Peace Process.

Citing “numerous human rights violations” in East Jerusalem including the “forcible transfer” of Palestinians, Mr Wennesland called for an end to any actions that threaten “to plunge Palestinians and Israelis deeper into deadly crisis”.

He called on Israeli and Palestinian leaders to help “calm the situation” before Ramadan, which coincides with the Jewish holiday of Passover and Easter in Christianity, and move towards re-establishing a “political horizon”.

Israeli and Palestinian authorities agreed to lower tension before Ramadan during a meeting in Sharm El Sheikh, Egypt, last Sunday.

Prime Minister Benjamin Netanyahu’s far-right government has made settlement expansion its top priority.

On Tuesday, the Israeli Parliament voted to repeal the provisions of the 2005 Disengagement Law through which four Jewish settlements in the West Bank were dismantled at the same time Israeli forces withdrew from the Gaza Strip.

It still must be signed by an Israeli military commander to be enforced.

The US said on Tuesday that it was “extremely troubled” by the parliament's vote in support of settlements and called the move “provocative”.

Israel’s Finance Minister Bezalel Smotrich said on Sunday at a private event in Paris that the Palestinian people were “an invention” from the last century and there was “no such thing” as Palestinians.

Riyad Mansour, Palestine’s UN ambassador, said Mr Smotrich’s comments were not about the past but about a “vision for the future, which is infinitely more dangerous”.

“He is denying our existence to justify what is to come,” Mr Mansour told Security Council members.

Gilad Erdan, Israel’s UN ambassador, said Mr Smotrich had since apologised for his remarks. Regarding Israel's decision to repeal the 2005 Disengagement Law, Mr Erdan said Israel does not “see it as an act of provocation”.

He added that the country has “no intention of building any new communities” in the occupied West Bank.

Linda Thomas-Greenfield, the US ambassador to the UN, noted that Washington continues to believe that a two-state solution remains the “best way” to ensure Israeli and Palestinians can live side by side in peace and security, even though prospects for such a solution “feel remote at the moment”.

yallacompare profile

Date of launch: 2014

Founder: Jon Richards, founder and chief executive; Samer Chebab, co-founder and chief operating officer, and Jonathan Rawlings, co-founder and chief financial officer

Based: Media City, Dubai 

Sector: Financial services

Size: 120 employees

Investors: 2014: $500,000 in a seed round led by Mulverhill Associates; 2015: $3m in Series A funding led by STC Ventures (managed by Iris Capital), Wamda and Dubai Silicon Oasis Authority; 2019: $8m in Series B funding with the same investors as Series A along with Precinct Partners, Saned and Argo Ventures (the VC arm of multinational insurer Argo Group)

Desert Warrior

Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

Winners

Best Men's Player of the Year: Kylian Mbappe (PSG)

Maradona Award for Best Goal Scorer of the Year: Robert Lewandowski (Bayern Munich)

TikTok Fans’ Player of the Year: Robert Lewandowski

Top Goal Scorer of All Time: Cristiano Ronaldo (Manchester United)

Best Women's Player of the Year: Alexia Putellas (Barcelona)

Best Men's Club of the Year: Chelsea

Best Women's Club of the Year: Barcelona

Best Defender of the Year: Leonardo Bonucci (Juventus/Italy)

Best Goalkeeper of the Year: Gianluigi Donnarumma (PSG/Italy)

Best Coach of the Year: Roberto Mancini (Italy)

Best National Team of the Year: Italy 

Best Agent of the Year: Federico Pastorello

Best Sporting Director of the Year: Txiki Begiristain (Manchester City)

Player Career Award: Ronaldinho

MATCH INFO

What: Brazil v South Korea
When: Tonight, 5.30pm
Where: Mohamed bin Zayed Stadium, Abu Dhabi
Tickets: www.ticketmaster.ae

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Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

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%20SPECS
%3Cp%3EEngine%3A%204.4-litre%20twin-turbo%20V8%20hybrid%0D%3Cbr%3EPower%3A%20653hp%20at%205%2C400rpm%0D%3Cbr%3ETorque%3A%20800Nm%20at%201%2C600-5%2C000rpm%0D%3Cbr%3ETransmission%3A%208-speed%20auto%0D%3Cbr%3E0-100kph%20in%204.3sec%0D%3Cbr%3ETop%20speed%20250kph%0D%3Cbr%3EFuel%20consumption%3A%20NA%0D%3Cbr%3EOn%20sale%3A%20Q2%202023%0D%3Cbr%3EPrice%3A%20From%20Dh750%2C000%0D%3Cbr%3E%3C%2Fp%3E%0A
COMPANY PROFILE
Name: HyperSpace
 
Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
MISSION: IMPOSSIBLE – FINAL RECKONING

Director: Christopher McQuarrie

Starring: Tom Cruise, Hayley Atwell, Simon Pegg

Rating: 4/5

Updated: March 22, 2023, 6:20 PM