UAE President Sheikh Mohamed has arrived in the Indian capital of New Delhi for the G20 summit, which begins on Saturday.
US President Joe Biden, UK Prime Minister Rishi Sunak, Egyptian President Abdel Fattah El Sisi, Oman's Deputy Prime Minister Asaad bin Tariq and UN Secretary General Antonio Guterres were among the world leaders to arrive at Palam airbase on Friday afternoon.
Mr Biden was scheduled to meet Indian Prime Minister Narendra Modi shortly after arriving and would speak with other leaders on the “margins” of the event, the White House said.
Sheikh Mohamed was accompanied by a delegation of senior Emirati officials including Sheikh Abdullah bin Zayed, Minister of Foreign Affairs; Sheikh Hamdan bin Mohamed; Sheikh Mohammed bin Hamad, adviser for Special Affairs at the Ministry of Presidential Court; Ali Al Shamsi, Secretary General of the Supreme Council for National Security; Reem Al Hashimy, Minister of State for International Co-operation; and Dr Sultan Al Jaber, Minister of Industry and Advanced Technology, state news agency Wam reported.
China is to be represented by Premier Li Qiang in the absence of President Xi Jinping, while Russian Foreign Minister Sergey Lavrov will represent his country in place of President Vladimir Putin.
A troupe of dancers welcomed Mr Sunak as he walked down the red carpet at the airport in New Delhi.
Mr Modi welcomed the dignitaries and said he was looking forward to “productive discussions” with the leaders.
“This is the first ever G20 summit being hosted by India. I look forward to productive discussions with world leaders over the next two days,” Mr Modi said on X, formerly Twitter.
He said he would discuss issues including gender equality, the empowerment of women and world peace.
India's G20 sherpa Amitabh Kant said New Delhi's new declaration was in its final stages and would be presented to leaders of the bloc's members during the summit, which will end on Sunday.
“This declaration will be recommended to the leaders and the leaders will then accept it, and only after that we will be able to talk about the actual achievements of the declaration,” Mr Kant said.
“PM [Narendra] Modi said India's presidency should be inclusive, decisive, ambitious and action-oriented. We have lived up to his vision of being inclusive, ambitious, action-oriented and very decisive during our presidency.”
He spoke about the key priorities for India's G20 presidency, which included sustainable development goals and climate action.
“Only 12 of the 169 SDGs are on track and we are way behind the schedule. We are midway at the 2030 Action Point. But we are way behind,” he said. “Therefore, accelerating SDGs, improving learning outcomes, healthy outcomes, nutrition – all these were very critical for India's presidency.”
Harsh Shringla, chief co-ordinator of India's G20 presidency, said the country had received about 100,000 visitors from more than 125 countries during its leadership of the bloc.
“For many of them, it was an opportunity to discover India, so we expect many economic benefits for our country and our citizens,” he said.
The G20 is an international forum comprising 19 countries – Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, South Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the UK, the US and the EU.
The group accounts for 80 per cent of the world’s economic activity, 75 per cent of international trade and two thirds of the world population, making it the premier forum for international economic co-operation.
Our legal consultant
Name: Dr Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
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The specs
Common to all models unless otherwise stated
Engine: 4-cylinder 2-litre T-GDi
0-100kph: 5.3 seconds (Elantra); 5.5 seconds (Kona); 6.1 seconds (Veloster)
Power: 276hp
Torque: 392Nm
Transmission: 6-Speed Manual/ 8-Speed Dual Clutch FWD
Price: TBC
In numbers
1,000 tonnes of waste collected daily:
- 800 tonnes converted into alternative fuel
- 150 tonnes to landfill
- 50 tonnes sold as scrap metal
800 tonnes of RDF replaces 500 tonnes of coal
Two conveyor lines treat more than 350,000 tonnes of waste per year
25 staff on site
Bookshops: A Reader's History by Jorge Carrión (translated from the Spanish by Peter Bush),
Biblioasis
UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
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
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Engine: Dual-motor all-wheel-drive electric
Range: Up to 610km
Power: 905hp
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BMW M5 specs
Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor
Power: 727hp
Torque: 1,000Nm
Transmission: 8-speed auto
Fuel consumption: 10.6L/100km
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Tottenham's 10 biggest transfers (according to transfermarkt.com):
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2). Roberto Soldado - Valencia - £25m: Flop
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If you go
The flights
There are various ways of getting to the southern Serengeti in Tanzania from the UAE. The exact route and airstrip depends on your overall trip itinerary and which camp you’re staying at.
Flydubai flies direct from Dubai to Kilimanjaro International Airport from Dh1,350 return, including taxes; this can be followed by a short flight from Kilimanjaro to the Serengeti with Coastal Aviation from about US$700 (Dh2,500) return, including taxes. Kenya Airways, Emirates and Etihad offer flights via Nairobi or Dar es Salaam.
Mohammed bin Zayed Majlis
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Tamkeen's offering
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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
Terror attacks in Paris, November 13, 2015
- At 9.16pm, three suicide attackers killed one person outside the Atade de France during a foootball match between France and Germany
- At 9.25pm, three attackers opened fire on restaurants and cafes over 20 minutes, killing 39 people
- Shortly after 9.40pm, three other attackers launched a three-hour raid on the Bataclan, in which 1,500 people had gathered to watch a rock concert. In total, 90 people were killed
- Salah Abdeslam, the only survivor of the terrorists, did not directly participate in the attacks, thought to be due to a technical glitch in his suicide vest
- He fled to Belgium and was involved in attacks on Brussels in March 2016. He is serving a life sentence in France
Company Profile
Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million
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Bitcoin is the most popular virtual currency in the world. It was created in 2009 as a new way of paying for things that would not be subject to central banks that are capable of devaluing currency. A Bitcoin itself is essentially a line of computer code. It's signed digitally when it goes from one owner to another. There are sustainability concerns around the cryptocurrency, which stem from the process of "mining" that is central to its existence.
The "miners" use computers to make complex calculations that verify transactions in Bitcoin. This uses a tremendous amount of energy via computers and server farms all over the world, which has given rise to concerns about the amount of fossil fuel-dependent electricity used to power the computers.
Election pledges on migration
CDU: "Now is the time to control the German borders and enforce strict border rejections"
SPD: "Border closures and blanket rejections at internal borders contradict the spirit of a common area of freedom"
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