Somalia's Al Shabab militant group fired a mortar at the presidential palace in Mogadishu on Wednesday, showing its continued threat on land as it seeks to profit from a resurgence in piracy off the country's coast.
One woman was killed when the mortar shell went astray and hit a shanty home a few blocks away.
The attack shows that the militant group affiliated to Al Qaeda is far from defeated, despite Somalia's internationally backed government inflicting a string of recent defeats on it.
In central Somalia, government forces this week captured the key Al Shabab stronghold of Ceel Bur, which the militants had controlled for the past 15 years.
Other smaller towns in the area have also been cleared of militants, who moved north into the mountainous Sanaag region, near the country's north-eastern coastline and close to where the Maltese-flagged MV Ruen is being held by Somali pirates.
Other Al Shabab members reportedly fled to pockets of southern Somalia still controlled by the group.
On Thursday, in a joint co-ordinated attack in the south of the country, Somali and US forces killed a senior Al Shabab commander who had a $10 million bounty on his head.
Maalim Ayman was accused of masterminding an attack on a US military base in neighbouring Kenya in which three American soldiers were killed.
Alliance with pirates
Despite these setbacks, Al Shabab has expanded its ability to disrupt the international order through a new alliance with Somali pirates operating off the coast.
Somalia has the longest coastline in Africa, extending for more than 3,000 kilometres, and is strategically located on the Horn of Africa, close to major shipping routes.
Al Shabab militants in Sanaag have reportedly reached a deal with the pirates to provide protection in exchange for a cut from ransom received.
The group is yet to officially confirm the agreement, but will reportedly receive 30 per cent of all ransom proceeds, which could provide vital funds after the government clamped down on its other illegal sources of funding and froze related bank accounts.
The deal has coincided with an increase in piracy in Somali waters, following a six-year lull.
Earlier this month pirates captured the MV Ruen, along with its 18 crew members.
Somali forces and a multinational antipiracy maritime mission in 2018 had clamped down on piracy off Somalia following 10 years in which pirates operated freely and hijacked ships.
The crew of the MV Ruen is still being held as the pirates reportedly negotiate a ransom with the owners.
“MV Ruen is currently in Xaabo near Qandala. Pirates and the ship owners are still discussing ransom,” Ahmed Mohamed, a close ally of the pirates, told The National by telephone.
“No figure has been confirmed yet but pirates are demanding that as part of the deal they promise not to harm the crew on condition that once they receive their ransom they be allowed to walk Scot-free and should not be attacked or arrested.”
He said the pirates are on the prowl for more ships to hijack.
“The second dhow that was recently hijacked near Eyl is currently being used by the pirates to hunt for other ships,” he added.
Red Sea shipping diverted
The threat from Somali pirates comes as Yemen's Houthis continue their campaign to disrupt international shipping in the nearby Red Sea and Bab Al Mandeb.
The Iran-backed group, which controls Yemen's capital Sanaa and major ports on the Red Sea, has launched drone and missile attacks against shipping in an attempt to pressure the international community to bring Israel's war in Gaza to an end.
The attacks by the Houthis, who are allied with Hamas against Israel, caused the US to send additional warships to the region and establish a joint maritime task force.
Despite the presence of US warships, major shipping companies have redirected their cargo away from the Red Sea, which connects Europe and the Indian Ocean via the Suez Canal and Bab Al Mandeb.
Commercial vessels have been forced to take the longer route around South Africa, pushing up the cost of shipping and fuel worldwide.
Awar Qalb
Director: Jamal Salem
Starring: Abdulla Zaid, Joma Ali, Neven Madi and Khadija Sleiman
Two stars
The specs
Engine: 1.5-litre turbo
Power: 181hp
Torque: 230Nm
Transmission: 6-speed automatic
Starting price: Dh79,000
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BMW M5 specs
Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor
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On sale: Now
Price: From Dh650,000
Jetour T1 specs
Engine: 2-litre turbocharged
Power: 254hp
Torque: 390Nm
Price: From Dh126,000
Available: Now
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
Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
EA Sports FC 26
Publisher: EA Sports
Consoles: PC, PlayStation 4/5, Xbox Series X/S
Rating: 3/5
Rashid & Rajab
Director: Mohammed Saeed Harib
Stars: Shadi Alfons, Marwan Abdullah, Doaa Mostafa Ragab
Two stars out of five
NYBL PROFILE
Company name: Nybl
Date started: November 2018
Founder: Noor Alnahhas, Michael LeTan, Hafsa Yazdni, Sufyaan Abdul Haseeb, Waleed Rifaat, Mohammed Shono
Based: Dubai, UAE
Sector: Software Technology / Artificial Intelligence
Initial investment: $500,000
Funding round: Series B (raising $5m)
Partners/Incubators: Dubai Future Accelerators Cohort 4, Dubai Future Accelerators Cohort 6, AI Venture Labs Cohort 1, Microsoft Scale-up
It Was Just an Accident
Director: Jafar Panahi
Stars: Vahid Mobasseri, Mariam Afshari, Ebrahim Azizi, Hadis Pakbaten, Majid Panahi, Mohamad Ali Elyasmehr
Rating: 4/5
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Killing of Qassem Suleimani
Need to know
Unlike other mobile wallets and payment apps, a unique feature of eWallet is that there is no need to have a bank account, credit or debit card to do digital payments.
Customers only need a valid Emirates ID and a working UAE mobile number to register for eWallet account.
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