The departure of President Donald Trump has led the UN secretary general to seek a second term in office, diplomatic sources said.
It is understood that Antonio Guterres was awaiting the outcome of the US presidential election before making his decision.
With Mr Trump creating considerable difficulties for the global body, his defeat to Joe Biden in the US presidential election has led to the 71-year-old former Portuguese prime minister seeking a second five-year term.
Mr Guterres told the Security Council and the president of the 193-member General Assembly on Monday that he seeks a second five-year term at the helm of the world body, according to a letter seen by Reuters.
His first term finishes at the end of this year.
In a letter to the Security Council and General Assembly President Volkan Bozkir, Guterres said: "It would be my honour to continue to serve the Organisation in pursuing its purposes and fulfilling its noble objectives."
"Since assuming office, I have had the privilege of working towards the reform of the United Nations to meet the aspirations of member states, striving for the dignity and the well-being of people, while ensuring the sustainability of our planet for future generations," Mr Guterres wrote.
He said he was ready to submit a vision statement for his second term to the General Assembly and take part in an informal discussion with member states. Mr Guterres was responding to a January 8 letter from Mr Bozkir that asked his intentions.
Mr Guterres managed to avoid direct confrontation with Mr Trump despite the president withdrawing from the World Health Organisation at the height of the Covid-19 pandemic and removing the US from the Paris Agreement on climate change and the Iran nuclear deal.
Despite the US having a permanent seat on the UN Security Council and considerable influence, Mr Trump chose to criticise the institution calling the Human Rights Council a “grave embarrassment”.
Mr Guterres managed to navigate the UN through these challenges without provoking the departing US president, although early in his tenure the secretary general did warn that America’s values could be replaced on the world stage when questioned about Mr Trump’s approach.
“I believe that if the United States disengages in relation of many aspects of foreign policy, it will be unavoidable that other actors will occupy that space,” he said in 2017. “And I don't think this is good for the United States and I don't think this is good for the world.”
His nimble diplomacy means he is now highly likely to be re-elected, endorsed by the five permanent members of the Security Council.
Mr Guterres took office as the ninth secretary general in January 2017 for a five-year term that finishes at the end of this year.
His request for a second stint is likely to be supported by Mr Biden who has pledged to reverse Mr Trump’s isolationist approach by returning to the WHO, repairing the Iran nuclear deal and rejoining the Paris climate accord.
Mr Guterres has made climate change a key issue, urging countries to reduce their carbon emissions. His position will be further enhanced when Mr Biden’s pick for UN ambassador Linda Thomas-Greenfield takes post.
Mr Biden said the experienced diplomat “recognises the extraordinary impact of climate change and the crucial role the United States plays in finding a solution to this crisis”.
With the president-elect and Mr Guterres strongly aligned over environmental issues, the US will be a firm backer for a second term that will likely be supported by the other permanent Security Council members Russia, Britain, China and France.
There has been criticism of the permanent five’s influence on selection of the secretary general and in December last year Costa Rica and Denmark, writing on behalf of 25 countries, urged the UN to ensure that the “upcoming selection process” meets the “minimum standards of transparency”.
Awar Qalb
Director: Jamal Salem
Starring: Abdulla Zaid, Joma Ali, Neven Madi and Khadija Sleiman
Two stars
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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
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