French President Emmanuel Macron, right, greets Israel's President Reuven Rivlin as he arrives for a meeting and lunch at the Elysee Palace in Paris on Thursday. EPA
French President Emmanuel Macron, right, greets Israel's President Reuven Rivlin as he arrives for a meeting and lunch at the Elysee Palace in Paris on Thursday. EPA
French President Emmanuel Macron, right, greets Israel's President Reuven Rivlin as he arrives for a meeting and lunch at the Elysee Palace in Paris on Thursday. EPA
French President Emmanuel Macron, right, greets Israel's President Reuven Rivlin as he arrives for a meeting and lunch at the Elysee Palace in Paris on Thursday. EPA

Emmanuel Macron accuses Iran of aggravating nuclear crisis


Jamie Prentis
  • English
  • Arabic

French President Emmanuel Macron urged Iran to stop exacerbating tensions with world powers by building up its nuclear capabilities and called on Tehran to act in a responsible way.

"Iran must stop aggravating a serious nuclear situation with an accumulation of violations of the Vienna accord," Mr Macron said on Thursday, referring to the deal Iran signed to limit its nuclear strength.

“The security of the whole region is at stake. Iran must make the expected gestures and behave in a responsible way," Mr Macron said, speaking alongside President Reuven Rivlin of Israel.

He said Paris would continue to work to revive a credible process to end the crisis.

"That means a return to control and supervision of the nuclear programme, but also to integrating – as we have called for since 2017 – the control of Iran's ballistic missile activity.”

France, Germany and the UK have tried in vain to persuade Iran to return to compliance with the 2015 nuclear deal it signed with world powers.

But after former US president Donald Trump withdrew from the deal, officially known at the Joint Comprehensive Plan of Action, and reimposed sanctions on Iran, the regime has repeatedly broken the rules of the accord.

Mr Trump’s successor Joe Biden is willing to remove the sanctions as long as Iran complies with the 2015 agreement – but Tehran demanded that sanctions be withdrawn first.

The three European powers are trying to bring the US and Iran to the negotiating table for informal talks in a first step towards reviving the deal, which lifted international sanctions on Tehran in exchange for curbs to its nuclear programme.

Mr Macron also suggested a new approach to Lebanon, where France helped to lead efforts to rescue the country from deep financial and political crisis, but to no avail.

"The time of the test of responsibility is coming to an end and there will be a need in the coming weeks, in a very clear manner, to change approach and the methods because we can't leave the Lebanese people since last August in the situation in which they are," he said.

PRISCILLA
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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

The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

The Energy Research Centre

Founded 50 years ago as a nuclear research institute, scientists at the centre believed nuclear would be the “solution for everything”.
Although they still do, they discovered in 1955 that the Netherlands had a lot of natural gas. “We still had the idea that, by 2000, it would all be nuclear,” said Harm Jeeninga, director of business and programme development at the centre.
"In the 1990s, we found out about global warming so we focused on energy savings and tackling the greenhouse gas effect.”
The energy centre’s research focuses on biomass, energy efficiency, the environment, wind and solar, as well as energy engineering and socio-economic research.

Fight Night

FIGHT NIGHT

Four title fights:

Amir Khan v Billy Dib - WBC International title
Hughie Fury v Samuel Peter - Heavyweight co-main event  
Dave Penalosa v Lerato Dlamini - WBC Silver title
Prince Patel v Michell Banquiz - IBO World title

Six undercard bouts:

Michael Hennessy Jr v Abdul Julaidan Fatah
Amandeep Singh v Shakhobidin Zoirov
Zuhayr Al Qahtani v Farhad Hazratzada
Lolito Sonsona v Isack Junior
Rodrigo Caraballo v Sajid Abid
Ali Kiydin v Hemi Ahio

Our legal consultant

Name: Dr Hassan Mohsen Elhais

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

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pakistan Test squad

Azhar Ali (capt), Shan Masood, Abid Ali, Imam-ul-Haq, Asad Shafiq, Babar Azam, Fawad Alam, Haris Sohail, Imran Khan, Kashif Bhatti, Mohammad Rizwan (wk), Naseem Shah, Shaheen Shah Afridi, Mohammad Abbas, Yasir Shah, Usman Shinwari

ASHES SCHEDULE

First Test
November 23-27 (The Gabba, Brisbane)
Second Test
December 2-6 (Adelaide Oval, Adelaide)
Third Test
December 14-18 (Waca Ground, Perth)
Fourth Test
December 26-30 (Melbourne Cricket Ground, Melbourne)
Fifth Test
January 4-8, 2018 (Sydney Cricket Ground, Sydney)

Citadel: Honey Bunny first episode

Directors: Raj & DK

Stars: Varun Dhawan, Samantha Ruth Prabhu, Kashvi Majmundar, Kay Kay Menon

Rating: 4/5

Skoda Superb Specs

Engine: 2-litre TSI petrol

Power: 190hp

Torque: 320Nm

Price: From Dh147,000

Available: Now

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'My Son'

Director: Christian Carion

Starring: James McAvoy, Claire Foy, Tom Cullen, Gary Lewis

Rating: 2/5

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Globalization and its Discontents Revisited
Joseph E. Stiglitz
W. W. Norton & Company