Iranian negotiators on Wednesday presented to European powers draft proposals on sanctions removal and nuclear commitments.
The texts will help to determine whether there is the basis for a deal to revive the 2015 nuclear accord.
The drafts were submitted to European diplomats on Wednesday night and were “a demonstration of our seriousness”, said Ali Bagheri Kani, Iran's chief nuclear negotiator.
The announcement came on the fourth day of indirect talks between Iran and the United States on bringing both fully back into the deal.
The negotiations in Vienna are the first since the election in June of Iran’s President Ebrahim Raisi.
"We have delivered two proposed drafts to them ... of course they need to check the texts that we have provided to them. If they are ready to continue the talks, we are in Vienna to continue the talks," Mr Kani said.
A European diplomat in Vienna confirmed to Reuters that draft documents had been handed over.
Iran's top diplomat on Thursday said that an agreement to revive the nuclear deal, officially known as the Joint Comprehensive Plan of Action, was "within reach" but that this depended on the goodwill of the West.
Foreign Minister Hossein Amir-Abdollahian said on Twitter that negotiations in Vienna were "proceeding with seriousness" and that the removal of sanctions was a "fundamental priority".
In his tweet on Thursday, Iran's foreign minister said the expert talks were continuing and that he was in daily contact with his deputy and lead negotiator, Mr Kani.
"Good deal within reach if the West shows good will. We seek rational, sober and result-oriented dialogue," Mr Amir-Abdollahian said.
Under the 2015 agreement, Tehran limited its uranium enrichment programme – a potential pathway to nuclear weapons although Iran says it seeks only civilian atomic energy – in exchange for relief from US, European Union and UN economic sanctions.
But in 2018, Donald Trump, who was US president at the time, abandoned the deal, saying that it was too soft on Iran, and reimposed US sanctions, spurring Tehran to breach nuclear limits in the pact.
While Mr Kani had said everything negotiated during six rounds of talks between April and June was open for discussion, a member of Iran's delegation said "elements in the previous unapproved draft that were in conflict with the nuclear deal were revised and gaps were filled" in Iran's submitted drafts.
A senior European diplomat estimated on Tuesday that 70 per cent to 80 per cent of a draft deal on salvaging the 2015 accord was completed when Iran and world powers last met in June, although it was unclear if Tehran would resume talks where they left off.
Israel, which opposed the original 2015 agreement as too limited in scope and duration, urged world powers on Thursday to halt the talks immediately.
It cited a UN nuclear watchdog report that Tehran has begun refining uranium with more advanced centrifuges in its Fordow plant dug into a mountain, where any enrichment had been banned under the deal.
The International Atomic Energy Agency said on Wednesday Iran has begun the process of enriching uranium to 20 per cent purity with advanced centrifuges at its Fordow site, yet another breach of the deal Tehran agreed to with world powers in 2015.
The IAEA announced the country's latest nuclear activities after agreeing with Tehran “to increase the frequency of verification” at the Fordow facility.
European diplomats have said addressing Iran's use of the advanced centrifuges to enrich uranium is still a crucial sticking point in the negotiations.
“The advanced centrifuges present a conundrum because they constitute both an irreversible gain in knowledge and because if not destroyed, they can be quickly reassembled in the future, making it hard to meet the one-year breakout criterion [of preventing Iran from being able to produce a weapon's worth of highly enriched uranium],” said Mark Fitzpatrick, an associate fellow at the International Institute for Strategic Studies and former acting deputy assistant secretary for non-proliferation at the US State Department.
“But under the JCPOA, centrifuges that were removed from operation only had to be put in storage, so Iran has a point in arguing that the demand for destruction is not in keeping with the 2015 deal.”
The National's picks
4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young
Global state-owned investor ranking by size
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United States
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China
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UAE
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Japan
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Norway
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Canada
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Singapore
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Australia
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Saudi Arabia
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South Korea
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MATCH SCHEDULE
Uefa Champions League semi-final, first leg
Tuesday, April 24 (10.45pm)
Liverpool v Roma
Wednesday, April 25
Bayern Munich v Real Madrid (10.45pm)
Europa League semi-final, first leg
Thursday, April 26
Arsenal v Atletico Madrid (11.05pm)
Marseille v Salzburg (11.05pm)
UAE currency: the story behind the money in your pockets
Results:
5pm: Maiden (PA) Dh80,000 2,200m | Winner: AF Al Montaqem, Bernardo Pinheiro (jockey), Ernst Oertel (trainer)
5.30pm: Maiden (PA) Dh80,000 1,200m | Winner: Daber W’Rsan, Connor Beasley, Jaci Wickham
6pm: Handicap (PA) Dh85,000 1,600m | Winner: Bainoona, Fabrice Veron, Eric Lemartinel
6.30pm: Handicap (PA) Dh80,000 1,600m | Winner: AF Makerah, Antonio Fresu, Ernst Oertel
7pm: Wathba Stallions Cup Handicap (PA) Dh70,000 | Winner: AF Motaghatres, Antonio Fresu, Ernst Oertel
7.30pm: Handicap (TB) Dh90,000 1,600m | Winner: Tafakhor, Ronan Whelan, Ali Rashid Al Raihe
More from Neighbourhood Watch:
Types of fraud
Phishing: Fraudsters send an unsolicited email that appears to be from a financial institution or online retailer. The hoax email requests that you provide sensitive information, often by clicking on to a link leading to a fake website.
Smishing: The SMS equivalent of phishing. Fraudsters falsify the telephone number through “text spoofing,” so that it appears to be a genuine text from the bank.
Vishing: The telephone equivalent of phishing and smishing. Fraudsters may pose as bank staff, police or government officials. They may persuade the consumer to transfer money or divulge personal information.
SIM swap: Fraudsters duplicate the SIM of your mobile number without your knowledge or authorisation, allowing them to conduct financial transactions with your bank.
Identity theft: Someone illegally obtains your confidential information, through various ways, such as theft of your wallet, bank and utility bill statements, computer intrusion and social networks.
Prize scams: Fraudsters claiming to be authorised representatives from well-known organisations (such as Etisalat, du, Dubai Shopping Festival, Expo2020, Lulu Hypermarket etc) contact victims to tell them they have won a cash prize and request them to share confidential banking details to transfer the prize money.
* Nada El Sawy
SERIE A FIXTURES
Friday Sassuolo v Torino (Kick-off 10.45pm UAE)
Saturday Atalanta v Sampdoria (5pm),
Genoa v Inter Milan (8pm),
Lazio v Bologna (10.45pm)
Sunday Cagliari v Crotone (3.30pm)
Benevento v Napoli (6pm)
Parma v Spezia (6pm)
Fiorentina v Udinese (9pm)
Juventus v Hellas Verona (11.45pm)
Monday AC Milan v AS Roma (11.45pm)
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
PROFILE OF HALAN
Started: November 2017
Founders: Mounir Nakhla, Ahmed Mohsen and Mohamed Aboulnaga
Based: Cairo, Egypt
Sector: transport and logistics
Size: 150 employees
Investment: approximately $8 million
Investors include: Singapore’s Battery Road Digital Holdings, Egypt’s Algebra Ventures, Uber co-founder and former CTO Oscar Salazar
What is blockchain?
Blockchain is a form of distributed ledger technology, a digital system in which data is recorded across multiple places at the same time. Unlike traditional databases, DLTs have no central administrator or centralised data storage. They are transparent because the data is visible and, because they are automatically replicated and impossible to be tampered with, they are secure.
The main difference between blockchain and other forms of DLT is the way data is stored as ‘blocks’ – new transactions are added to the existing ‘chain’ of past transactions, hence the name ‘blockchain’. It is impossible to delete or modify information on the chain due to the replication of blocks across various locations.
Blockchain is mostly associated with cryptocurrency Bitcoin. Due to the inability to tamper with transactions, advocates say this makes the currency more secure and safer than traditional systems. It is maintained by a network of people referred to as ‘miners’, who receive rewards for solving complex mathematical equations that enable transactions to go through.
However, one of the major problems that has come to light has been the presence of illicit material buried in the Bitcoin blockchain, linking it to the dark web.
Other blockchain platforms can offer things like smart contracts, which are automatically implemented when specific conditions from all interested parties are reached, cutting the time involved and the risk of mistakes. Another use could be storing medical records, as patients can be confident their information cannot be changed. The technology can also be used in supply chains, voting and has the potential to used for storing property records.
MATCH INFO
Azerbaijan 0
Wales 2 (Moore 10', Wilson 34')
Red flags
- Promises of high, fixed or 'guaranteed' returns.
- Unregulated structured products or complex investments often used to bypass traditional safeguards.
- Lack of clear information, vague language, no access to audited financials.
- Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
- Hard-selling tactics - creating urgency, offering 'exclusive' deals.
Courtesy: Carol Glynn, founder of Conscious Finance Coaching
EMERGENCY PHONE NUMBERS
Estijaba – 8001717 – number to call to request coronavirus testing
Ministry of Health and Prevention – 80011111
Dubai Health Authority – 800342 – The number to book a free video or voice consultation with a doctor or connect to a local health centre
Emirates airline – 600555555
Etihad Airways – 600555666
Ambulance – 998
Knowledge and Human Development Authority – 8005432 ext. 4 for Covid-19 queries
The%20specs
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Black Panther
Dir: Ryan Coogler
Starring: Chadwick Boseman, Michael B Jordan, Lupita Nyong'o
Five stars
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