Britain's Foreign Secretary Jeremy Hunt completes a four-country tour of the Gulf visiting Saudi Arabia, Oman, Yemen and the UAE. AFP.
Britain's Foreign Secretary Jeremy Hunt completes a four-country tour of the Gulf visiting Saudi Arabia, Oman, Yemen and the UAE. AFP.
Britain's Foreign Secretary Jeremy Hunt completes a four-country tour of the Gulf visiting Saudi Arabia, Oman, Yemen and the UAE. AFP.
Britain's Foreign Secretary Jeremy Hunt completes a four-country tour of the Gulf visiting Saudi Arabia, Oman, Yemen and the UAE. AFP.

British foreign minister on regional trip to push for Hodeidah ceasefire


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British foreign minister Jeremy Hunt will  travel to the Gulf to push for the complete ending of hostilities in the Yemeni port city of Hodeidah.

A government statement said Mr Hunt would throw his weight behind the work of UN special envoy Martin Griffiths to ensure the action plan agreed at December’s Stockholm peace talks between Yemen’s warring factions was put in place.

Both the Yemeni government and Houthi rebels have accused each other of breaking the ceasefire declared in Hodeidah, a crucial staging post for humanitarian aid in the famine-hit country.

Mr Hunt is set to visit the UAE, Saudi Arabia and Oman “to inject fresh urgency into Yemen’s peace process” and will hold talks with key stakeholders.

“My aim is to build on the UN-backed agreement reached in Stockholm in December. The peace process has allowed a sustained reduction in fighting in Hodeidah,” Mr Hunt said.

“But more needs to be done. In my discussions with the Houthis and the Government of Yemen I will urge all sides to accelerate the redeployments they agreed at Stockholm and ensure the flow of humanitarian relief.

“Moving these forces away from the ports is necessary to prevent a return to fighting, prepare the road for the next round of peace talks and ensure desperately needed humanitarian aid is able to reach those who need it most,” he added.

The foreign minister’s comments come after the UK recently announced a £200 million (Dh974 million) aid package to support Yemen’s struggling population.

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

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Scores in brief:

Day 1

New Zealand (1st innings) 153 all out (66.3 overs) - Williamson 63, Nicholls 28, Yasir 3-54, Haris 2-11, Abbas 2-13, Hasan 2-38

Pakistan (1st innings) 59-2 (23 overs)

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Favourite Emirati dish: Fish machboos

Favourite spice: Cumin

Family: mother, three sisters, three brothers and a two-year-old daughter

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Fines for littering

In Dubai:

Dh200 for littering or spitting in the Dubai Metro

Dh500 for throwing cigarette butts or chewing gum on the floor, or littering from a vehicle. 
Dh1,000 for littering on a beach, spitting in public places, throwing a cigarette butt from a vehicle

In Sharjah and other emirates
Dh500 for littering - including cigarette butts and chewing gum - in public places and beaches in Sharjah
Dh2,000 for littering in Sharjah deserts
Dh500 for littering from a vehicle in Ras Al Khaimah
Dh1,000 for littering from a car in Abu Dhabi
Dh1,000 to Dh100,000 for dumping waste in residential or public areas in Al Ain
Dh10,000 for littering at Ajman's beaches 

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Labour dispute

The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


- Abdullah Ishnaneh, Partner, BSA Law 

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Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.