Political stalwart Ranil Wickremesinghe became Sri Lanka's president on Wednesday, securing votes from 134 of 225 parliamentarians, despite his United National Party holding only one seat in the chamber.
His election was a blow for many protesters at the secretariat and adjoining protest camp in the commercial capital Colombo, which has been the epicentre of nationwide demonstrations which ousted his predecessor Gotabaya Rajapaksa.
Here's what you need to know about him.
Who is Ranil Wickremesinghe?
Mr Wickremesinghe is no stranger to Sri Lankan politics. A lawyer by profession, he was first elected to the country's parliament in 1977.
His constant reappearance on the political scene, despite multiple failures to be elected president, has led him being called the “eighth wonder of the world" by his fellow Sri Lankans.
Mr Wickremesinghe was born into one of the country's most influential families on March 24, 1949. His uncle, Junius Jayewardene, served as the Indian Ocean island's president for 12 years until 1989.
Jayewardene, who died in 1996, was the original architect of his nephew's entry into politics. He appointed Mr Wickremesinghe to his first ministerial post in 1978, making the 29-year-old at the time the country's youngest Cabinet minister.
In 1994, following assassinations that wiped out several of his senior colleagues, Mr Wickremesinghe became leader of the UNP.
His experience in senior government positions, and a reputation as a shrewd operator, should count in his favour as he seeks a way out of Sri Lanka 's devastating economic crisis.
How many times has he served as Sri Lanka's prime minister?
The 73-year-old has served as prime minister of Sri Lanka six times between 1993 and today.
Speaking about his political survivalism in 2014, he said "politics is more than chess."
"It's teamwork like cricket. It is how you must have the stamina for a marathon. It's a hard game like rugger (rugby) and it is a blood sport like boxing."
His most recent spell on the merry-go-round of senior political positions began in May, when he took over as prime minister for the sixth time after the former president's elder brother, Mahinda Rajapaksa, quit the position following clashes between pro and anti-government protesters that triggered a deadly wave of violence.
Since then, Mr Wickremesinghe has been involved in negotiations with the International Monetary Fund for a potential bailout package of up to $3 billion, besides working on an interim budget to slash government expenditure.
Has he served as president before?
Despite two attempts in 1999 and 2005, Mr Wickremesinghe managed to ascend to the presidency only this week. Both of those losses were humiliating, leaving him as the only MP for his UNP party in parliament.
Mr Wickremesinghe became acting president last week after Rajapaksa fled on a military plane to the Maldives and then took a commercial flight to Singapore.
He will now complete his predecessor's term until 2024, after beating ruling party lawmaker Dullas Alahapperuma and a third candidate, Anura Kumara Dissanayaka.
Speaking to lawmakers in parliament after his victory, Mr Wickremesinghe urged opposition leaders to work together with his administration, which faces the task of pulling Sri Lanka out of its worst economic crisis in seven decades.
"Our country is facing massive challenges and we have to work on a new strategy to fulfil the aspirations of the people," he said.
Who is his wife?
English lecturer Maithree Wickremesinghe, 57, is now the first lady of Sri Lanka. The academic graduated from King's College London and completed her masters in Women's Studies at the University of Colombo. She later attained a PhD from the Institute of Education at the University of London.
She married her husband in 1995. The couple have no children.
What does Mr Wickremesinghe's election mean for Sri Lanka?
Whether his election will solve Sri Lanka's crushing economic downturn remains to be seen, and his candidacy was criticised by protesters who ousted his predecessor Mr Rajapaksa.
But his political expertise may mean he can enact real change. Mr Wickremesinghe has recently negotiated with the IMF, and enjoys a working relationship with vital donor countries including India.
Hundreds of thousands of demonstrators took to the streets earlier this month to vent their fury at soaring inflation, shortages of fuel and other vital goods, regular power cuts and what they see as corruption among the ruling elite.
While the focus of their ire was Rajapaksa, a member of the country's most powerful political dynasty before the crisis who fled the country for Singapore, they also demanded that Mr Wickremesinghe stand down — something he refused to do.
THE SPECS
Engine: 1.5-litre
Transmission: 6-speed automatic
Power: 110 horsepower
Torque: 147Nm
Price: From Dh59,700
On sale: now
Short-term let permits explained
Homeowners and tenants are allowed to list their properties for rental by registering through the Dubai Tourism website to obtain a permit.
Tenants also require a letter of no objection from their landlord before being allowed to list the property.
There is a cost of Dh1,590 before starting the process, with an additional licence fee of Dh300 per bedroom being rented in your home for the duration of the rental, which ranges from three months to a year.
Anyone hoping to list a property for rental must also provide a copy of their title deeds and Ejari, as well as their Emirates ID.
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 five pillars of Islam
Padmaavat
Director: Sanjay Leela Bhansali
Starring: Ranveer Singh, Deepika Padukone, Shahid Kapoor, Jim Sarbh
3.5/5
Key figures in the life of the fort
Sheikh Dhiyab bin Isa (ruled 1761-1793) Built Qasr Al Hosn as a watchtower to guard over the only freshwater well on Abu Dhabi island.
Sheikh Shakhbut bin Dhiyab (ruled 1793-1816) Expanded the tower into a small fort and transferred his ruling place of residence from Liwa Oasis to the fort on the island.
Sheikh Tahnoon bin Shakhbut (ruled 1818-1833) Expanded Qasr Al Hosn further as Abu Dhabi grew from a small village of palm huts to a town of more than 5,000 inhabitants.
Sheikh Khalifa bin Shakhbut (ruled 1833-1845) Repaired and fortified the fort.
Sheikh Saeed bin Tahnoon (ruled 1845-1855) Turned Qasr Al Hosn into a strong two-storied structure.
Sheikh Zayed bin Khalifa (ruled 1855-1909) Expanded Qasr Al Hosn further to reflect the emirate's increasing prominence.
Sheikh Shakhbut bin Sultan (ruled 1928-1966) Renovated and enlarged Qasr Al Hosn, adding a decorative arch and two new villas.
Sheikh Zayed bin Sultan (ruled 1966-2004) Moved the royal residence to Al Manhal palace and kept his diwan at Qasr Al Hosn.
Sources: Jayanti Maitra, www.adach.ae
UAE v Gibraltar
What: International friendly
When: 7pm kick off
Where: Rugby Park, Dubai Sports City
Admission: Free
Online: The match will be broadcast live on Dubai Exiles’ Facebook page
UAE squad: Lucas Waddington (Dubai Exiles), Gio Fourie (Exiles), Craig Nutt (Abu Dhabi Harlequins), Phil Brady (Harlequins), Daniel Perry (Dubai Hurricanes), Esekaia Dranibota (Harlequins), Matt Mills (Exiles), Jaen Botes (Exiles), Kristian Stinson (Exiles), Murray Reason (Abu Dhabi Saracens), Dave Knight (Hurricanes), Ross Samson (Jebel Ali Dragons), DuRandt Gerber (Exiles), Saki Naisau (Dragons), Andrew Powell (Hurricanes), Emosi Vacanau (Harlequins), Niko Volavola (Dragons), Matt Richards (Dragons), Luke Stevenson (Harlequins), Josh Ives (Dubai Sports City Eagles), Sean Stevens (Saracens), Thinus Steyn (Exiles)
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The Word for Woman is Wilderness
Abi Andrews, Serpent’s Tail
Lexus LX700h specs
Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor
Power: 464hp at 5,200rpm
Torque: 790Nm from 2,000-3,600rpm
Transmission: 10-speed auto
Fuel consumption: 11.7L/100km
On sale: Now
Price: From Dh590,000
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The%20specs
%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%201.8-litre%204-cyl%20turbo%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E190hp%20at%205%2C200rpm%0D%3Cbr%3E%3Cstrong%3ETorque%3A%3C%2Fstrong%3E%20320Nm%20from%201%2C800-5%2C000rpm%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3ESeven-speed%20dual-clutch%20auto%0D%3Cbr%3E%3Cstrong%3EFuel%20consumption%3A%3C%2Fstrong%3E%206.7L%2F100km%0D%3Cbr%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20From%20Dh111%2C195%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3ENow%3C%2Fp%3E%0A
Founders: Abdulmajeed Alsukhan, Turki Bin Zarah and Abdulmohsen Albabtain.
Based: Riyadh
Offices: UAE, Vietnam and Germany
Founded: September, 2020
Number of employees: 70
Sector: FinTech, online payment solutions
Funding to date: $116m in two funding rounds
Investors: Checkout.com, Impact46, Vision Ventures, Wealth Well, Seedra, Khwarizmi, Hala Ventures, Nama Ventures and family offices
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
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
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