Russia and Ukraine signed agreements with the UN and Turkey on Friday to restart grain exports via the Black Sea, opening up the shipping corridor at the heart of an evolving hunger crisis.
What is the problem?
Ukraine is one of the world's biggest grain producers, but exports from its Black Sea ports ground to a standstill after the invasion. Russian warships patrol the waters and the two sides have blamed each other for laying naval mines.
The obstruction in a vital shipping lane led to a surge in global food prices and a shortage of grain that the UN fears will throw an additional 47 million people into severe food scarcity worldwide.
And Ukraine wants the grain out as much as others want it in, because it needs the money from exports and its farmers need to free up space for the next harvest.
What is the solution?
The UN and Turkey have been trying for weeks to broker a deal between Russia and Ukraine to reopen the Black Sea, culminating in the agreement signed on Friday.
The parties agreed to carry out joint checks on shipping - ensuring there are no weapons lurking among the grain cargoes - and establish a co-ordination centre in Istanbul to manage implementation of the deal.
There was no immediate word on any military escort or on de-mining the Black Sea, but Russia said it was up to Ukraine to ensure safe passage through its waters.
Russian Defence Minister Sergey Shoigu said Russia "will not take advantage of the fact that the ports will be cleared and opened... we have made this commitment".
Mykhailo Podolyak, a Ukrainian presidential adviser, said Russian officials would not enter the confines of Ukrainian ports and that any on-board inspections would be carried out in Turkish waters.
Any Russian provocation would be met with an "immediate military response," he said.
Market analysts said questions would remain about how well Ukraine's ports are functioning following bombardment by Russian forces, and about the quality of the grain held at the harbours. Another question is whether cargo ships will be able to get insurance for braving the Black Sea.
What are people saying about the deal?
Turkish President Recep Tayyip Erdogan said the parties would "contribute together to prevent the danger of famine that awaits billions of people all of the world" and said the deal could revive hopes of a negotiated peace.
UN Secretary-General Antonio Guterres described it as a beacon of hope and said the resumption of exports would avert "a true nightmare" for developing countries.
The European Union's top diplomat, Josep Borrell, said the agreement was "a step in the right direction... we call for its swift implementation."
Liz Truss, the UK's foreign secretary and one of two remaining candidates to be the next prime minister, said on Friday that Britain "will be watching to ensure Russia's actions match its words.
"To enable a lasting return to global security and economic stability, Putin must end the war and withdraw from Ukraine," she said.
Kremlin spokesman Dmitry Peskov said it was important to unblock the Black Sea, while playing down the problem as "a relatively small amount of Ukrainian grain". Russia said its Defence Minister Sergey Shoigu would be in Turkey to sign the agreement on Friday.
In Washington, State Department spokesman Ned Price said the US would welcome any agreement and applauded “the diligent work of our Turkish allies”, but said diplomats would focus on “holding Russia accountable for implementing this agreement.”
Janusz Wojciechowski, the EU commissioner in charge of agriculture, said Ukraine's position as a breadbasket might remain impaired even after the Black Sea is reopened, because the volume of grain it plants for next year may be reduced because of the war.
What about other ways of extracting grain?
There are alternatives to the Black Sea, but all of them are less satisfactory.
The rail route to Poland is slowed down by an accident of history — Ukraine and its EU neighbours use different widths of track, causing delays at the border. And Ukraine says relaxations to EU border checks have not gone far enough.
Belarus, whose railways would be compatible with Ukraine's, is an unsuitable partner because of its close alliance with Moscow, and EU officials have privately ruled out that option.
River barges down the Danube to Romania have also taken some of the strain but simply do not have the same capacity as Black Sea cargo ships.
In the meantime, rich countries have promised more than $14 billion in aid to ease immediate hunger and malnutrition, and said they plan to inspect grain in order to deter alleged Russian pilfering.
The specs
Price, base / as tested Dh12 million
Engine 8.0-litre quad-turbo, W16
Gearbox seven-speed dual clutch auto
Power 1479 @ 6,700rpm
Torque 1600Nm @ 2,000rpm 0-100kph: 2.6 seconds 0-200kph: 6.1 seconds
Top speed 420 kph (governed)
Fuel economy, combined 35.2L / 100km (est)
The years Ramadan fell in May
Ad Astra
Director: James Gray
Stars: Brad Pitt, Tommy Lee Jones
Five out of five stars
EA Sports FC 24
Teams
Punjabi Legends Owners: Inzamam-ul-Haq and Intizar-ul-Haq; Key player: Misbah-ul-Haq
Pakhtoons Owners: Habib Khan and Tajuddin Khan; Key player: Shahid Afridi
Maratha Arabians Owners: Sohail Khan, Ali Tumbi, Parvez Khan; Key player: Virender Sehwag
Bangla Tigers Owners: Shirajuddin Alam, Yasin Choudhary, Neelesh Bhatnager, Anis and Rizwan Sajan; Key player: TBC
Colombo Lions Owners: Sri Lanka Cricket; Key player: TBC
Kerala Kings Owners: Hussain Adam Ali and Shafi Ul Mulk; Key player: Eoin Morgan
Venue Sharjah Cricket Stadium
Format 10 overs per side, matches last for 90 minutes
Timeline October 25: Around 120 players to be entered into a draft, to be held in Dubai; December 21: Matches start; December 24: Finals
The Two Popes
Director: Fernando Meirelles
Stars: Anthony Hopkins, Jonathan Pryce
Four out of five stars
U19 WORLD CUP, WEST INDIES
UAE group fixtures (all in St Kitts)
Saturday 15 January: v Canada
Thursday 20 January: v England
Saturday 22 January: v Bangladesh
UAE squad
Alishan Sharafu (captain), Shival Bawa, Jash Giyanani, Sailles Jaishankar, Nilansh Keswani, Aayan Khan, Punya Mehra, Ali Naseer, Ronak Panoly, Dhruv Parashar, Vinayak Raghavan, Soorya Sathish, Aryansh Sharma, Adithya Shetty, Kai Smith
Punchy appearance
Roars of support buoyed Mr Johnson in an extremely confident and combative appearance
Company%20profile
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World Cup final
Who: France v Croatia
When: Sunday, July 15, 7pm (UAE)
TV: Game will be shown live on BeIN Sports for viewers in the Mena region
COMPANY%20PROFILE%20
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3ETerra%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202021%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%3Cbr%3E%3Cstrong%3EFounder%3A%3C%2Fstrong%3E%20Hussam%20Zammar%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20Mobility%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20Pre-seed%20funding%20of%20%241%20million%3Cbr%3E%3C%2Fp%3E%0A
BeIN Sports currently has the rights to show
- Champions League
- English Premier League
- Spanish Primera Liga
- Italian, French and Scottish leagues
- Wimbledon and other tennis majors
- Formula One
- Rugby Union - Six Nations and European Cups
SERIE A FIXTURES
Friday Sassuolo v Benevento (Kick-off 11.45pm)
Saturday Crotone v Spezia (6pm), Torino v Udinese (9pm), Lazio v Verona (11.45pm)
Sunday Cagliari v Inter Milan (3.30pm), Atalanta v Fiorentina (6pm), Napoli v Sampdoria (6pm), Bologna v Roma (6pm), Genoa v Juventus (9pm), AC Milan v Parma (11.45pm)
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
Russia's Muslim Heartlands
Dominic Rubin, Oxford
Explainer: Tanween Design Programme
Non-profit arts studio Tashkeel launched this annual initiative with the intention of supporting budding designers in the UAE. This year, three talents were chosen from hundreds of applicants to be a part of the sixth creative development programme. These are architect Abdulla Al Mulla, interior designer Lana El Samman and graphic designer Yara Habib.
The trio have been guided by experts from the industry over the course of nine months, as they developed their own products that merge their unique styles with traditional elements of Emirati design. This includes laboratory sessions, experimental and collaborative practice, investigation of new business models and evaluation.
It is led by British contemporary design project specialist Helen Voce and mentor Kevin Badni, and offers participants access to experts from across the world, including the likes of UK designer Gareth Neal and multidisciplinary designer and entrepreneur, Sheikh Salem Al Qassimi.
The final pieces are being revealed in a worldwide limited-edition release on the first day of Downtown Designs at Dubai Design Week 2019. Tashkeel will be at stand E31 at the exhibition.
Lisa Ball-Lechgar, deputy director of Tashkeel, said: “The diversity and calibre of the applicants this year … is reflective of the dynamic change that the UAE art and design industry is witnessing, with young creators resolute in making their bold design ideas a reality.”