• Leaders from more than 40 countries pose for a 'family photo' as they attend the European Political Community summit in Prague. AFP
    Leaders from more than 40 countries pose for a 'family photo' as they attend the European Political Community summit in Prague. AFP
  • British Prime Minister Liz Truss arrives for the first day of the inaugural gathering in the Czech capital. Getty Images
    British Prime Minister Liz Truss arrives for the first day of the inaugural gathering in the Czech capital. Getty Images
  • Turkish President Recep Tayyip Erdogan speaks to Azerbaijan's President Ilham Aliyev, Armenia's Prime Minister Nikol Pashinyan and Hungarian Prime Minister Viktor Orban. Reuters
    Turkish President Recep Tayyip Erdogan speaks to Azerbaijan's President Ilham Aliyev, Armenia's Prime Minister Nikol Pashinyan and Hungarian Prime Minister Viktor Orban. Reuters
  • French President Emmanuel Macron speaks to media as he arrives at Prague Castle. AFP
    French President Emmanuel Macron speaks to media as he arrives at Prague Castle. AFP
  • Czech Prime Minister Petr Fiala speaks to President of the European Council Charles Michel. AFP
    Czech Prime Minister Petr Fiala speaks to President of the European Council Charles Michel. AFP
  • Germany's Chancellor Olaf Scholz arrives at the summit. AFP
    Germany's Chancellor Olaf Scholz arrives at the summit. AFP
  • Serbian President Aleksandar Vucic deep in discussion with Romania's President Klaus Werner Iohannis. EPA
    Serbian President Aleksandar Vucic deep in discussion with Romania's President Klaus Werner Iohannis. EPA
  • Latvian Prime Minister Arturs Krisjanis Karins, Liz Truss and Italian Prime Minister Mario Draghi. EPA
    Latvian Prime Minister Arturs Krisjanis Karins, Liz Truss and Italian Prime Minister Mario Draghi. EPA
  • Kosovo President Vjosa Osmani Sadriu speaks to Viktor Orban. EPA
    Kosovo President Vjosa Osmani Sadriu speaks to Viktor Orban. EPA
  • European Commission President Ursula von der Leyen takes a seat. EPA
    European Commission President Ursula von der Leyen takes a seat. EPA
  • Recep Tayyip Erdogan arrives. Getty Images
    Recep Tayyip Erdogan arrives. Getty Images

European summit hears calls for united front against Russia and energy crisis


Tim Stickings
  • English
  • Arabic

Leaders from all corners of Europe were urged on Thursday to find common ground to tackle the continent’s crises at the founding summit of a 44-nation forum.

More than 40 leaders including Turkish President Recep Tayyip Erdogan and Britain’s Prime Minister Liz Truss assembled for the summit in Prague.

Ukrainian President Volodymyr Zelenskyy addressed leaders by video link to encourage them to stand up to Russia and make the new group a “community of peace”.

The format was proposed by French President Emmanuel Macron and brought together the EU with 17 non-EU states in a show of solidarity against Russia.

Russian President Vladimir Putin, and his Belarusian ally Alexander Lukashenko, were the only major European leaders not invited to the European Political Community.

“The meeting is the message,” said one official, who described it as impressive to see countries with often centuries of troubled history behind them working towards common goals.

Europe’s energy crisis was also high on leaders’ minds. Gas exporter Norway said it would do its utmost to ease the energy crunch, while Britain and France looked at closer links between their power grids.

After opening discussions as a group, leaders broke into two groups to discuss security and energy matters before holding more talks in smaller circles and bilaterally.

Mr Erdogan held talks with the leaders of feuding Azerbaijan and Armenia, weeks after deadly clashes between the two, and with Mr Macron.

“It’s a big day for Europe,” was Czech Prime Minister Petr Fiala’s repeated remark to leaders as he greeted them on the grounds of the medieval Prague Castle.

Turkish President Recep Tayyip Erdogan arrives at Prague Castle. Reuters
Turkish President Recep Tayyip Erdogan arrives at Prague Castle. Reuters

“The whole of Europe is meeting in Prague today to discuss what we can do together to restore peace, boost co-operation and return to prosperity,” Mr Fiala told the summit’s opening session.

“Europe has many difficult problems right now and we meet here to discuss solutions.”

Mr Zelenskyy was applauded after his video address to leaders, in which he said Russia was waging war against all of Europe.

“We, the leaders of Europe, can become the leaders of peace," he said. "Our European Political Community can become a European community of peace."

The summit came on the day the EU formally approved an eighth package of sanctions linked to the war in Ukraine, including a price cap on Russian oil.

Ukraine’s Prime Minister Denis Shmyhal represented his country in Prague and posed for a 43-leader “family photo”.

Britain’s involvement, after Ms Truss had initially taken a dim view of the project when she was foreign secretary, appeared to go down well with European leaders.

Ms Truss “showed dedication to addressing the main crises we are facing in Europe … the impression was quite positive that the UK was engaging with those topics”, an EU official said.

Slovakia’s Prime Minister, Eduard Heger, told The National he was glad to see the UK involved and that it was important to discuss strategy together.

"If you want to build prosperity, that's what we all want for our citizens, so you need to give them a basic value and that is peace," Mr Heger said.

British Prime Minister Liz Truss speaks to Italy's caretaker prime minister Mario Draghi. Getty
British Prime Minister Liz Truss speaks to Italy's caretaker prime minister Mario Draghi. Getty

London and Brussels were both keen to emphasise that the forum is not an “EU-plus” or a replacement for Nato, and did not signify the UK rejoining the bloc by the back door.

Likewise, countries such as Ukraine were given assurances that the European Political Community is not a form of second-class EU membership meant to stall their ambitions to join the bloc.

“We are not going to replace the existing formats of co-operation; we have plenty of them already,” Mr Fiala said.

“The point is simple: to have an honest discussion on the matters of common interest, but also on disputed topics.”

German Chancellor Olaf Scholz said the event was an opportunity to improve EU relations with its neighbours, including those undergoing a long accession process.

“This is good for peace, for the security order. This is good for economic development and for prosperity,” Mr Scholz said.

Another non-EU country, Iceland, said the talks showed “Europe stands in solidarity” against the Russian invasion of Ukraine.

“If you just look at the attendance here, you see the importance,” said Belgian Prime Minister Alexander De Croo.

“The whole European continent is here, except two countries: Belarus and Russia. So it shows how isolated those two countries are.”

French President Emmanuel Macron, left, speaks to Czech Prime Minister Petr Fiala. EPA
French President Emmanuel Macron, left, speaks to Czech Prime Minister Petr Fiala. EPA

No formal decisions were expected apart from which country will host the next meeting, with Moldova, an EU applicant, understood to be the front-runner.

But Ms Truss said she wanted to galvanise action on energy and migration, and encouraged leaders to learn lessons from Ukraine by acting before it was too late.

She left with a promise from France and the Netherlands that they would intensify co-operation on disrupting the migrant smuggling route to Britain.

On energy, Ms Truss said talks were under way on closer wind energy co-operation with other North Sea countries, and said she hoped Britain and France could co-operate further on nuclear power.

Also on Thursday, UK company Neptune Energy said it was expanding production in a Norwegian gasfield, in a move it said could heat an extra 550,000 British homes a day.

Mr Macron also set his sights on greater energy co-operation and said he hoped the group could undertake “common projects” together.

But he said he remained opposed to a new gas pipeline linking the Iberian Peninsula to the rest of Europe, a project supported by Spain and Germany.

“I think our priority is rather to get more electricity interconnection in Europe, so I'm more in favour of these projects,” Mr Macron said.

“What does Europe need in the coming years? To produce more electricity on its soil and have a renewable and nuclear strategy.”

Scoreline

Arsenal 0 Manchester City 3

  • Agüero 18'
  • Kompany 58'
  • Silva 65'
Tour de France

When: July 7-29

UAE Team Emirates:
Dan Martin, Alexander Kristoff, Darwin Atapuma, Marco Marcato, Kristijan Durasek, Oliviero Troia, Roberto Ferrari and Rory Sutherland

Punchy appearance

Roars of support buoyed Mr Johnson in an extremely confident and combative appearance

MATCH INFO

Uefa Champions League semi-final, first leg
Bayern Munich v Real Madrid

When: April 25, 10.45pm kick-off (UAE)
Where: Allianz Arena, Munich
Live: BeIN Sports HD
Second leg: May 1, Santiago Bernabeu, Madrid

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

EU Russia

The EU imports 90 per cent  of the natural gas used to generate electricity, heat homes and supply industry, with Russia supplying almost 40 per cent of EU gas and a quarter of its oil. 

In-demand jobs and monthly salaries
  • Technology expert in robotics and automation: Dh20,000 to Dh40,000 
  • Energy engineer: Dh25,000 to Dh30,000 
  • Production engineer: Dh30,000 to Dh40,000 
  • Data-driven supply chain management professional: Dh30,000 to Dh50,000 
  • HR leader: Dh40,000 to Dh60,000 
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  • Senior drilling engineer: Dh38,000 to Dh46,000 
  • Senior process engineer: Dh28,000 to Dh38,000 
  • Senior maintenance engineer: Dh22,000 to Dh34,000 
  • Field engineer: Dh6,500 to Dh7,500
  • Field supervisor: Dh9,000 to Dh12,000
  • Field operator: Dh5,000 to Dh7,000
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UAE SQUAD

Khalid Essa, Ali Khaseif, Fahad Al Dhanhani, Adel Al Hosani, Bandar Al Ahbabi, Mohammad Barghash, Salem Rashid, Khalifa Al Hammadi, Shaheen Abdulrahman, Hassan Al Mahrami, Walid Abbas, Mahmoud Khamis, Yousef Jaber, Majed Sorour, Majed Hassan, Ali Salmeen, Abdullah Ramadan, Abdullah Al Naqbi, Khalil Al Hammadi, Fabio De Lima, Khalfan Mubarak, Tahnoon Al Zaabi, Ali Saleh, Caio Canedo, Ali Mabkhout, Sebastian Tagliabue, Zayed Al Ameri

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The specs

Engine: 2.0-litre four-cylinder turbo

Power: 178hp at 5,500rpm

Torque: 280Nm at 1,350-4,200rpm

Transmission: seven-speed dual-clutch auto

Price: from Dh209,000 

On sale: now

Name: Peter Dicce

Title: Assistant dean of students and director of athletics

Favourite sport: soccer

Favourite team: Bayern Munich

Favourite player: Franz Beckenbauer

Favourite activity in Abu Dhabi: scuba diving in the Northern Emirates 

 

 

 

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Specs

Engine: Dual-motor all-wheel-drive electric

Range: Up to 610km

Power: 905hp

Torque: 985Nm

Price: From Dh439,000

Available: Now

Five expert hiking tips
    Always check the weather forecast before setting off Make sure you have plenty of water Set off early to avoid sudden weather changes in the afternoon Wear appropriate clothing and footwear Take your litter home with you
The specs

Engine: 4.0-litre V8 twin-turbocharged and three electric motors

Power: Combined output 920hp

Torque: 730Nm at 4,000-7,000rpm

Transmission: 8-speed dual-clutch automatic

Fuel consumption: 11.2L/100km

On sale: Now, deliveries expected later in 2025

Price: expected to start at Dh1,432,000

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

Read part one: how cars came to the UAE

Updated: October 06, 2022, 10:17 PM