Germany’s new government has vowed to do everything in its power to guarantee the security of Ukraine, as fears rise in Europe about a possible Russian invasion.
Annalena Baerbock, the German foreign minister, said the security of the wider region was paramount as she prepared to meet her Russian counterpart, Sergey Lavrov, in Moscow on Tuesday.
“We will do our all to guarantee Ukraine’s security. We will do our all to guarantee Europe’s security,” she said after a meeting with Ukrainian Foreign Minister Dmytro Kuleba in Kiev.
Ms Baerbock’s discussion with Mr Lavrov is expected to focus on Ukraine and the Nord Stream 2 gas pipeline.
Nato has said that Moscow’s massing of troops and artillery along its western boundary is a clear sign of its intention to invade.
The Kremlin says the tactics are in response to what it sees as the growing presence of the military alliance in its sphere of influence.
Russian President Vladimir Putin is fiercely opposed to Nato gaining new members in the region.
Britain and the US have accused the Russians of trying to create a pretext for an invasion.
Ms Baerbock’s visit to Kiev was part of attempts to revive the Normandy Format grouping of Germany, France, Russia and Ukraine, whose aim is to de-escalate the conflict.
Mr Kuleba told reporters that Ukraine and Germany were “committed to a diplomatic settlement of this conflict”.
“Our joint goal is the effective work of the Normandy Format and the holding of a summit of leaders of the Normandy Format,” he said after meeting Ms Baerbock.
He Ukraine intended to obtain weapons from western Europe.
Last month, Kiev said Berlin was blocking the supply of Nato arms to Ukraine.
“Our dialogue with Germany on this issue will continue,” Mr Kuleba said.
Before his meeting with Ms Baerbock on Tuesday, Mr Lavrov said their discussion would include “an in-depth exchange on current international issues, above all on the realisation of Russian proposals on security guarantees”.
He said the Kremlin awaited “concrete answers” to a series of security demands
“Russia’s leadership is capable of protecting its interests both in terms of security and in terms of ensuring the rights of Russian citizens,” he said.
‘Stop politicising pipeline’
Russia has also urged German and the EU not to delay the certification of the Nord Stream 2 gas pipeline.
The project has become a focal point in political disputes between Moscow and the West.
The pipeline to Germany would double Russia’s gas export capability under the Baltic Sea to 110 billion cubic metres per year, and would circumvent Ukraine.
Nord Stream 2 is led by Gazprom, an energy corporation in which the Russian state holds a majority share.
Completed in September last year, it has long been a geopolitical irritant to the US, EU and Ukraine.
The project it not expected to receive regulatory clearance before this summer.
“The certification procedure by Germany’s regulators and the European Commission should not be artificially protracted and politicised,” Russia’s Foreign Ministry said.
“It has to be conducted in strict compliance with the current norms.”
Ms Baerbock said the pipeline does not comply with European energy law and is on hold.
Other acts on the Jazz Garden bill
Sharrie Williams
The American singer is hugely respected in blues circles due to her passionate vocals and songwriting. Born and raised in Michigan, Williams began recording and touring as a teenage gospel singer. Her career took off with the blues band The Wiseguys. Such was the acclaim of their live shows that they toured throughout Europe and in Africa. As a solo artist, Williams has also collaborated with the likes of the late Dizzy Gillespie, Van Morrison and Mavis Staples.
Lin Rountree
An accomplished smooth jazz artist who blends his chilled approach with R‘n’B. Trained at the Duke Ellington School of the Arts in Washington, DC, Rountree formed his own band in 2004. He has also recorded with the likes of Kem, Dwele and Conya Doss. He comes to Dubai on the back of his new single Pass The Groove, from his forthcoming 2018 album Stronger Still, which may follow his five previous solo albums in cracking the top 10 of the US jazz charts.
Anita Williams
Dubai-based singer Anita Williams will open the night with a set of covers and swing, jazz and blues standards that made her an in-demand singer across the emirate. The Irish singer has been performing in Dubai since 2008 at venues such as MusicHall and Voda Bar. Her Jazz Garden appearance is career highlight as she will use the event to perform the original song Big Blue Eyes, the single from her debut solo album, due for release soon.
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
Fixtures
50-over match
UAE v Lancashire, starts at 10am
Champion County match
MCC v Surrey, four-day match, starting on Sunday, March 24, play starts at 10am
Both matches are at ICC Academy, Dubai Sports City. Admission is free.
Specs%20
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Countries offering golden visas
UK
Innovator Founder Visa is aimed at those who can demonstrate relevant experience in business and sufficient investment funds to set up and scale up a new business in the UK. It offers permanent residence after three years.
Germany
Investing or establishing a business in Germany offers you a residence permit, which eventually leads to citizenship. The investment must meet an economic need and you have to have lived in Germany for five years to become a citizen.
Italy
The scheme is designed for foreign investors committed to making a significant contribution to the economy. Requires a minimum investment of €250,000 which can rise to €2 million.
Switzerland
Residence Programme offers residence to applicants and their families through economic contributions. The applicant must agree to pay an annual lump sum in tax.
Canada
Start-Up Visa Programme allows foreign entrepreneurs the opportunity to create a business in Canada and apply for permanent residence.
Indoor cricket World Cup:
Insportz, Dubai, September 16-23
UAE fixtures:
Men
Saturday, September 16 – 1.45pm, v New Zealand
Sunday, September 17 – 10.30am, v Australia; 3.45pm, v South Africa
Monday, September 18 – 2pm, v England; 7.15pm, v India
Tuesday, September 19 – 12.15pm, v Singapore; 5.30pm, v Sri Lanka
Thursday, September 21 – 2pm v Malaysia
Friday, September 22 – 3.30pm, semi-final
Saturday, September 23 – 3pm, grand final
Women
Saturday, September 16 – 5.15pm, v Australia
Sunday, September 17 – 2pm, v South Africa; 7.15pm, v New Zealand
Monday, September 18 – 5.30pm, v England
Tuesday, September 19 – 10.30am, v New Zealand; 3.45pm, v South Africa
Thursday, September 21 – 12.15pm, v Australia
Friday, September 22 – 1.30pm, semi-final
Saturday, September 23 – 1pm, grand final
Our legal advisor
Ahmad El Sayed is Senior Associate at Charles Russell Speechlys, a law firm headquartered in London with offices in the UK, Europe, the Middle East and Hong Kong.
Experience: Commercial litigator who has assisted clients with overseas judgments before UAE courts. His specialties are cases related to banking, real estate, shareholder disputes, company liquidations and criminal matters as well as employment related litigation.
Education: Sagesse University, Beirut, Lebanon, in 2005.