• Armenian Prime Minister Nikol Pashinyan addresses his supporters gathered on Republic Square in downtown Yerevan. Armenian Prime Minister Nikol Pashinyan called on the army to fulfil its duty and obey the people and elected officials, after the military called for him to resign. AFP
    Armenian Prime Minister Nikol Pashinyan addresses his supporters gathered on Republic Square in downtown Yerevan. Armenian Prime Minister Nikol Pashinyan called on the army to fulfil its duty and obey the people and elected officials, after the military called for him to resign. AFP
  • Supporters of Prime Minister Nikol Pashinyan react as they listen to his speech at Republic Square in downtown Yerevan. Armenian Prime Minister Nikol Pashinyan called on the army to fulfil its duty and obey the people and elected officials, after the military called for him to resign. AFP
    Supporters of Prime Minister Nikol Pashinyan react as they listen to his speech at Republic Square in downtown Yerevan. Armenian Prime Minister Nikol Pashinyan called on the army to fulfil its duty and obey the people and elected officials, after the military called for him to resign. AFP
  • Armenian Prime Minister Nikol Pashinyan gestures speaking to a crowd in the center of Yerevan, Armenia. Armenia's prime minister has spoken of an attempted military coup after facing the military's General Staff demand to step down. The developments come after months of protests sparked by the nation's defeat in the Nagorno-Karabakh conflict with Azerbaijan. AP
    Armenian Prime Minister Nikol Pashinyan gestures speaking to a crowd in the center of Yerevan, Armenia. Armenia's prime minister has spoken of an attempted military coup after facing the military's General Staff demand to step down. The developments come after months of protests sparked by the nation's defeat in the Nagorno-Karabakh conflict with Azerbaijan. AP
  • Armenian Prime Minister Nikol Pashinyan greets his supporters during a gathering in Republic Square in Yerevan, Armenia. Reuters
    Armenian Prime Minister Nikol Pashinyan greets his supporters during a gathering in Republic Square in Yerevan, Armenia. Reuters
  • Armenian Prime Minister Nikol Pashinyan and his supporters escorted by law enforcement officers march during a rally in Yerevan, Armenia. Reuters
    Armenian Prime Minister Nikol Pashinyan and his supporters escorted by law enforcement officers march during a rally in Yerevan, Armenia. Reuters
  • Armenian Prime Minister Nikol Pashinyan, centre, walks with his supporters on the streets of the Yerevan on Thursday, February 2021. Pashinyan called on his followers to support him after he denounced what he called a military coup against him following the army's demand of his resignation. EPA
    Armenian Prime Minister Nikol Pashinyan, centre, walks with his supporters on the streets of the Yerevan on Thursday, February 2021. Pashinyan called on his followers to support him after he denounced what he called a military coup against him following the army's demand of his resignation. EPA
  • Opposition supporters protest to demand the resignation of Prime Minister Pashinyan in Yerevan. The Armenian leader faced protests with calls to resign after the handling of a six-week conflict between Azerbaijan and Armenian forces over the region of Nagorno-Karabakh in 2020. AFP
    Opposition supporters protest to demand the resignation of Prime Minister Pashinyan in Yerevan. The Armenian leader faced protests with calls to resign after the handling of a six-week conflict between Azerbaijan and Armenian forces over the region of Nagorno-Karabakh in 2020. AFP
  • Mr Pashinyan has resisted pressure to step down since November when he signed a peace deal brokered by Russia. Reuters
    Mr Pashinyan has resisted pressure to step down since November when he signed a peace deal brokered by Russia. Reuters
  • Officers stand guard outside a government office in Yerevan. Reuters
    Officers stand guard outside a government office in Yerevan. Reuters
  • Opposing rallies took place in Yerevan on Thursday. As Mr Pashinyan led supporters in a march, opposition protesters gathered in a nearby square. Reuters
    Opposing rallies took place in Yerevan on Thursday. As Mr Pashinyan led supporters in a march, opposition protesters gathered in a nearby square. Reuters
  • People attend an opposition rally in Yerevan. Reuters
    People attend an opposition rally in Yerevan. Reuters
  • Tensions remain high in the Armenian capital. Reuters
    Tensions remain high in the Armenian capital. Reuters
  • Police detain an opposition demonstrator. AP
    Police detain an opposition demonstrator. AP
  • People attend an opposition rally to demand the resignation of Prime Minister Nikol Pashinyan in Yerevan. REUTERS
    People attend an opposition rally to demand the resignation of Prime Minister Nikol Pashinyan in Yerevan. REUTERS
  • Armenian Prime Minister Nikol Pashinyan and his supporters march during a rally in Yerevan, Armenia. Pashinyan warned of an attempted military coup against him after the army demanded he and his government resign. Reuters
    Armenian Prime Minister Nikol Pashinyan and his supporters march during a rally in Yerevan, Armenia. Pashinyan warned of an attempted military coup against him after the army demanded he and his government resign. Reuters
  • Armenian Prime Minister Nikol Pashinyan embraces a supporter after he called on followers to rally in the centre of Yerevan, Armenia. Pashinyan warned of an attempted military coup against him after the army demanded he and his government resign. Reuters
    Armenian Prime Minister Nikol Pashinyan embraces a supporter after he called on followers to rally in the centre of Yerevan, Armenia. Pashinyan warned of an attempted military coup against him after the army demanded he and his government resign. Reuters
  • Participants of an opposition rally demanding the resignation of Armenian Prime Minister Nikol Pashinyan gather behind a fence while arguing with Pashinyan's supporters in Yerevan, Armenia. Reuters
    Participants of an opposition rally demanding the resignation of Armenian Prime Minister Nikol Pashinyan gather behind a fence while arguing with Pashinyan's supporters in Yerevan, Armenia. Reuters

Armenian prime minister announces resignation to trigger early elections


  • English
  • Arabic

Armenia's embattled Prime Minister Nikol Pashinyan has said he will resign in April to bring on early elections.

He will stay on as acting prime minister until the parliamentary election is over, he said during a visit to the country's north-west.

The decision was made as part of an effort to curb the political crisis that has gripped the Caucasus country since it lost a war with Azerbaijan over the disputed Nagorno-Karabakh region.

Mr Pashinyan has faced months of protests calling for his removal after Armenia’s defeat.

"I will resign in April. I will resign not to resign, but in order for early elections to take place," Mr Pashinyan said in a video of the visit published on his Facebook page.

"I will continue to serve as interim prime minister," he added.

He did not give a specific date for stepping down.

The prime minister earlier this month announced snap parliamentary polls planned for June 20 that he said were "the best way out of the current internal political situation".

Under Armenian law, such elections can be held after a prime minister resigns and the parliament twice fails to choose a replacement.

During a speech in the village of Aragats on Sunday, Mr Pashinyan said: "You have to evaluate the past and make a decision about the future."

Mr Pashinyan told the audience that if he is re-elected he will try to serve the Armenian public "much better than before".

If his party's re-election bid is unsuccessful, he said, "we will humbly hand over power to whomever you choose".

Mr Pashinyan has been under pressure to step down after agreeing to the ceasefire in November with Azerbaijan, which many in Armenia saw as a national humiliation.

Under the deal, Mr Pashinyan ceded parts of Nagorno-Karabakh and large parts of adjacent Armenian-controlled territory.

He has defended the move as the only way to have prevented Azerbaijan from taking the entire region.

Russian peacekeepers were sent to the territory as part of the deal.

Nagorno-Karabakh is a disputed region within Azerbaijan that Armenian-backed separatists controlled for more than 25 years.

Mr Pashinyan has retained significant public backing despite the defeat in Nagorno-Karabakh, with thousands rallying in his support to counter the opposition-led pressure for his resignation.

Both anti-government protesters and Mr Pashinyan's supporters have regularly taken to the streets in the months since.

Last month, Mr Pashinyan fired the country's most senior military official, accusing the army chief of staging a coup after he urged the prime minister to resign.

The spat sparked massive demonstrations, with Mr Pashinyan's supporters and his opponents flooding on to the streets of the capital.

In an effort to ease weeks of tensions that led to his critics setting up barricades and camping outside government buildings, the prime minister called the snap election.

He said the decision was taken after talks with members of the opposition and President Armen Sarkissian, who has also asked for Mr Pashinyan to resign.

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Results

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Winner Al Suhooj, Saif Al Balushi (jockey), Khalifa Al Neyadi (trainer)

2pm Handicap (TB) 68,000 (D) 1,950m

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Winner Mazagran, Tadhg O’Shea, Satish Seemar

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Winner Tailor’s Row, Royston Ffrench, Salem bin Ghadayer

3.30pm Handicap (TB) Dh76,000 (D) 1,400m

Winner Alla Mahlak, Adrie de Vries, Rashed Bouresly

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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

If you go

The flights Etihad (www.etihad.com) and Spice Jet (www.spicejet.com) fly direct from Abu Dhabi and Dubai to Pune respectively from Dh1,000 return including taxes. Pune airport is 90 minutes away by road. 

The hotels A stay at Atmantan Wellness Resort (www.atmantan.com) costs from Rs24,000 (Dh1,235) per night, including taxes, consultations, meals and a treatment package.
 

Sam Smith

Where: du Arena, Abu Dhabi

When: Saturday November 24

Rating: 4/5

How much do leading UAE’s UK curriculum schools charge for Year 6?
  1. Nord Anglia International School (Dubai) – Dh85,032
  2. Kings School Al Barsha (Dubai) – Dh71,905
  3. Brighton College Abu Dhabi - Dh68,560
  4. Jumeirah English Speaking School (Dubai) – Dh59,728
  5. Gems Wellington International School – Dubai Branch – Dh58,488
  6. The British School Al Khubairat (Abu Dhabi) - Dh54,170
  7. Dubai English Speaking School – Dh51,269

*Annual tuition fees covering the 2024/2025 academic year

EA Sports FC 25
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Emergency phone numbers in the UAE

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 10 Questions
  • Is there a God?
  • How did it all begin?
  • What is inside a black hole?
  • Can we predict the future?
  • Is time travel possible?
  • Will we survive on Earth?
  • Is there other intelligent life in the universe?
  • Should we colonise space?
  • Will artificial intelligence outsmart us?
  • How do we shape the future?

The flights: South African Airways flies from Dubai International Airport with a stop in Johannesburg, with prices starting from around Dh4,000 return. Emirates can get you there with a stop in Lusaka from around Dh4,600 return.
The details: Visas are available for 247 Zambian kwacha or US$20 (Dh73) per person on arrival at Livingstone Airport. Single entry into Victoria Falls for international visitors costs 371 kwacha or $30 (Dh110). Microlight flights are available through Batoka Sky, with 15-minute flights costing 2,265 kwacha (Dh680).
Accommodation: The Royal Livingstone Victoria Falls Hotel by Anantara is an ideal place to stay, within walking distance of the falls and right on the Zambezi River. Rooms here start from 6,635 kwacha (Dh2,398) per night, including breakfast, taxes and Wi-Fi. Water arrivals cost from 587 kwacha (Dh212) per person.