• Iranian President Hassan Rouhani, right, and the head of Atomic Energy Organization of Iran Ali Akbar Salehi inspect the nuclear technology on the occasion of Iran National Nuclear Technology Day in Tehran in 2019. EPA
    Iranian President Hassan Rouhani, right, and the head of Atomic Energy Organization of Iran Ali Akbar Salehi inspect the nuclear technology on the occasion of Iran National Nuclear Technology Day in Tehran in 2019. EPA
  • IR-8 centrifuges at Natanz nuclear power plant, some 300 kilometres south of capital Tehran. AFP
    IR-8 centrifuges at Natanz nuclear power plant, some 300 kilometres south of capital Tehran. AFP
  • The Iranian nuclear power plant in Bushehr in 2010. EPA
    The Iranian nuclear power plant in Bushehr in 2010. EPA
  • Salehi speaks with media while visiting Natanz enrichment facility, in central Iran in 2019. Atomic Energy Organization of Iran via AP
    Salehi speaks with media while visiting Natanz enrichment facility, in central Iran in 2019. Atomic Energy Organization of Iran via AP
  • The gate of Natanz nuclear power plant in Natanz , Isfahan province, in 2019. EPA
    The gate of Natanz nuclear power plant in Natanz , Isfahan province, in 2019. EPA
  • Inside of the Iran's Fordow nuclear facility, in Fordow, Qom province in 2019. EPA
    Inside of the Iran's Fordow nuclear facility, in Fordow, Qom province in 2019. EPA
  • Technicians work at the Arak heavy water reactor's secondary circuit, as officials and media visit the site, near Arak, Iran in 2019. Atomic Energy Organization of Iran via AP
    Technicians work at the Arak heavy water reactor's secondary circuit, as officials and media visit the site, near Arak, Iran in 2019. Atomic Energy Organization of Iran via AP
  • Members of the media and officials tour the water nuclear reactor at Arak in 2019. WANA via Reuters
    Members of the media and officials tour the water nuclear reactor at Arak in 2019. WANA via Reuters
  • Concrete is poured for the base of the second nuclear power reactor at Bushehr plant in 2019. Atomic Energy Organization of Iran via AP
    Concrete is poured for the base of the second nuclear power reactor at Bushehr plant in 2019. Atomic Energy Organization of Iran via AP

What are the prime challenges facing the Iran talks in Vienna?


Jamie Prentis
  • English
  • Arabic

Since early April, diplomats from some of the world's most powerful countries have been involved in complex, technical negotiations that seek to revive the 2015 Iran nuclear deal.

Why are the talks taking place?

The accord has been in disarray since 2018 when former US president Donald Trump withdrew his country from the agreement and reintroduced heavy sanctions on Iran that had been removed under the terms of the deal.

He then expanded those sanctions, such as when he targeted the Iranian national bank.
In response, since 2019 Tehran has repeatedly breached the nuclear limits of the 2015 agreement and steadily built up its stockpile of enriched uranium.
Now the remaining signatories to the deal – the EU, China, France, Germany, Russia and the UK – have engaged in six rounds of negotiations in Vienna to try and breathe life back into it.
Both Iran and the US have sent representatives to the Austrian capital, but have not directly engaged with each other.
Both sides say they want a return to the deal. Iran wants the sanctions to be lifted to support its ailing economy. Mr Trump's successor Joe Biden wants Iran to abide by the commitments of the deal before the US does so.

How much progress has been made?

Slow but steady progress has been made. Diplomats from all sides say they remain hopeful an agreement can be reached.
But diplomats have also intimated that, with time running out, the most sensitive points of disagreement are now being negotiated. The French foreign ministry said on Wednesday that "significant disagreements persist".
Earlier this week, an Iranian government spokesman said "some minute technical, political, legal and practical issues remain", but insisted there was "no impasse".
Saeed Khatibzadeh said a broad agreement had been reached on US sanctions on Iran's industrial sectors, including energy, which have essentially meant a block on Iranian oil exports - a devastating blow for the economy.
But a fundamental sticking point is how far the US will be prepared to go if it does lift sanctions. Iran wants all sanctions imposed by Mr Trump to be removed, something Mr Biden's administration is very uneasy about.
"The advanced, highly efficient centrifuges that Iran has introduced will probably have to be destroyed rather than just taken offline, but Iran is resisting doing that," Mark Fitzpatrick, of the International Institute for Strategic Studies, said earlier this month.

What about Iran’s presidential elections?

It is not expected that any sort of deal will be reached by Friday, when voters in Iran will elect their next president.
Outgoing President Hassan Rouhani was a key figure in the formation of the initial 2015 accord.
The current frontrunner to succeed him is the cleric Ebrahim Raisi. While he has been deeply critical of the US, it is argued his potential election may have no major impact on the talks in Vienna.

  • Presidential candidates for Iran's election June 18, from right to left, Abdolnasser Hemmati, Mohsen Rezaei, Saeed Jalili, Ebrahim Raisi, Mohsen Mehralizadeh, and Alireza Zakani before their second debate on state-run TV, in Tehran. A seventh candidate, Amirhossein Ghazizadeh Hashemi, also attended the debate. AP
    Presidential candidates for Iran's election June 18, from right to left, Abdolnasser Hemmati, Mohsen Rezaei, Saeed Jalili, Ebrahim Raisi, Mohsen Mehralizadeh, and Alireza Zakani before their second debate on state-run TV, in Tehran. A seventh candidate, Amirhossein Ghazizadeh Hashemi, also attended the debate. AP
  • The candidates face a moderator in the television studio in Tehran. EPA
    The candidates face a moderator in the television studio in Tehran. EPA
  • Mr Zakani, an MP, during the debate. AFP
    Mr Zakani, an MP, during the debate. AFP
  • Mr Ghazizadeh Hashemi, also an MP, uses a map as a visual aid. AFP
    Mr Ghazizadeh Hashemi, also an MP, uses a map as a visual aid. AFP
  • Mr Mehralizadeh is a former vice president. AFP
    Mr Mehralizadeh is a former vice president. AFP
  • Mr Jalili is Iran's former chief nuclear negotiator. AFP
    Mr Jalili is Iran's former chief nuclear negotiator. AFP
  • Mr Rezaei is a former head of the Revolutionary Guards and current secretary of the Expediency Discernment Council. AFP
    Mr Rezaei is a former head of the Revolutionary Guards and current secretary of the Expediency Discernment Council. AFP
  • Mr Hemmati is a former central bank governor. AFP
    Mr Hemmati is a former central bank governor. AFP
  • Judiciary chief Ebrahim Raisi is being seen as the favourite to win the presidential race. AFP
    Judiciary chief Ebrahim Raisi is being seen as the favourite to win the presidential race. AFP
  • Mr Ghazizadeh, left, and Mr Jalili leave after the debate. AP
    Mr Ghazizadeh, left, and Mr Jalili leave after the debate. AP

That's because Iran's supreme leader Ayatollah Ali Khamenei has shown interest in a return to the deal.
"He is the leader in practice, as well as in title," said Kenneth Katzman, an Iran expert at the Congressional Research Service in Washington.
"He is Commander in Chief of the armed forces. He is not shy about stating his positions.
"He has clearly indicated that if the US comes back into compliance with the nuclear deal, Iran would do so. I think we have to take him at his word," he said last week.

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

'Peninsula'

Stars: Gang Dong-won, Lee Jung-hyun, Lee Ra

Director: ​Yeon Sang-ho

Rating: 2/5

How to watch Ireland v Pakistan in UAE

When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.

In numbers

Number of Chinese tourists coming to UAE in 2017 was... 1.3m

Alibaba’s new ‘Tech Town’  in Dubai is worth... $600m

China’s investment in the MIddle East in 2016 was... $29.5bn

The world’s most valuable start-up in 2018, TikTok, is valued at... $75bn

Boost to the UAE economy of 5G connectivity will be... $269bn 

Frankenstein in Baghdad
Ahmed Saadawi
​​​​​​​Penguin Press

The biog

Favourite book: Homegoing by Yaa Gyasi

Favourite holiday destination: Spain

Favourite film: Bohemian Rhapsody

Favourite place to visit in the UAE: The beach or Satwa

Children: Stepdaughter Tyler 27, daughter Quito 22 and son Dali 19

Pros%20and%20cons%20of%20BNPL
%3Cp%3E%3Cstrong%3EPros%3C%2Fstrong%3E%0D%3C%2Fp%3E%0A%3Cul%3E%0A%3Cli%3EEasy%20to%20use%20and%20require%20less%20rigorous%20credit%20checks%20than%20traditional%20credit%20options%0D%3C%2Fli%3E%0A%3Cli%3EOffers%20the%20ability%20to%20spread%20the%20cost%20of%20purchases%20over%20time%2C%20often%20interest-free%0D%3C%2Fli%3E%0A%3Cli%3EConvenient%20and%20can%20be%20integrated%20directly%20into%20the%20checkout%20process%2C%20useful%20for%20online%20shopping%0D%3C%2Fli%3E%0A%3Cli%3EHelps%20facilitate%20cash%20flow%20planning%20when%20used%20wisely%0D%3C%2Fli%3E%0A%3C%2Ful%3E%0A%3Cp%3E%3Cstrong%3ECons%3C%2Fstrong%3E%3C%2Fp%3E%0A%3Cul%3E%0A%3Cli%3EThe%20ease%20of%20making%20purchases%20can%20lead%20to%20overspending%20and%20accumulation%20of%20debt%0D%3C%2Fli%3E%0A%3Cli%3EMissing%20payments%20can%20result%20in%20hefty%20fees%20and%2C%20in%20some%20cases%2C%20high%20interest%20rates%20after%20an%20initial%20interest-free%20period%0D%3C%2Fli%3E%0A%3Cli%3EFailure%20to%20make%20payments%20can%20impact%20credit%20score%20negatively%0D%3C%2Fli%3E%0A%3Cli%3ERefunds%20can%20be%20complicated%20and%20delayed%0D%3C%2Fli%3E%0A%3C%2Ful%3E%0A%3Cp%3E%3Cem%3ECourtesy%3A%20Carol%20Glynn%3C%2Fem%3E%3C%2Fp%3E%0A
RESULT

Liverpool 4 Southampton 0
Jota (2', 32')
Thiago (37')
Van Dijk (52')

Man of the match: Diogo Jota (Liverpool)

Ain Dubai in numbers

126: The length in metres of the legs supporting the structure

1 football pitch: The length of each permanent spoke is longer than a professional soccer pitch

16 A380 Airbuses: The equivalent weight of the wheel rim.

9,000 tonnes: The amount of steel used to construct the project.

5 tonnes: The weight of each permanent spoke that is holding the wheel rim in place

192: The amount of cable wires used to create the wheel. They measure a distance of 2,4000km in total, the equivalent of the distance between Dubai and Cairo.

UAE currency: the story behind the money in your pockets
The specs: 2018 Nissan 370Z Nismo

The specs: 2018 Nissan 370Z Nismo
Price, base / as tested: Dh182,178
Engine: 3.7-litre V6
Power: 350hp @ 7,400rpm
Torque: 374Nm @ 5,200rpm
Transmission: Seven-speed automatic
​​​​​​​Fuel consumption, combined: 10.5L / 100km

Results

4.30pm Jebel Jais – Maiden (PA) Dh60,000 (Turf) 1,000m; Winner: MM Al Balqaa, Bernardo Pinheiro (jockey), Qaiss Aboud (trainer)

5pm: Jabel Faya – Maiden (PA) Dh60,000 (T) 1,000m; Winner: AF Rasam, Tadhg O’Shea, Ernst Oertel

5.30pm: Al Wathba Stallions Cup – Handicap (PA) Dh70,000 (T) 2,200m; Winner: AF Mukhrej, Tadhg O’Shea, Ernst Oertel

6pm: The President’s Cup Prep – Conditions (PA) Dh100,000 (T) 2,200m; Winner: Mujeeb, Richard Mullen, Salem Al Ketbi

6.30pm: Abu Dhabi Equestrian Club – Prestige (PA) Dh125,000 (T) 1,600m; Winner: Jawal Al Reef, Antonio Fresu, Abubakar Daud

7pm: Al Ruwais – Group 3 (PA) Dh300,000 (T) 1,200m; Winner: Ashton Tourettes, Pat Dobbs, Ibrahim Aseel

7.30pm: Jebel Hafeet – Maiden (TB) Dh80,000 (T) 1,400m; Winner: Nibraas, Richard Mullen, Nicholas Bachalard

Leaderboard

15 under: Paul Casey (ENG)

-14: Robert MacIntyre (SCO)

-13 Brandon Stone (SA)

-10 Laurie Canter (ENG) , Sergio Garcia (ESP)

-9 Kalle Samooja (FIN)

-8 Thomas Detry (BEL), Justin Harding (SA), Justin Rose (ENG)

'Nightmare Alley'

Director:Guillermo del Toro

Stars:Bradley Cooper, Cate Blanchett, Rooney Mara

Rating: 3/5

The Perfect Couple

Starring: Nicole Kidman, Liev Schreiber, Jack Reynor

Creator: Jenna Lamia

Rating: 3/5

Paatal Lok season two

Directors: Avinash Arun, Prosit Roy 

Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong

Rating: 4.5/5