Israeli border police stand guard during Friday prayer outside a mosque in the West Bank city of Hebron on November 6, 2015. Elsewhere in the city, Israeli police shot dead a 73-year-old woman. Mussa Qawasma/Reuters
Israeli border police stand guard during Friday prayer outside a mosque in the West Bank city of Hebron on November 6, 2015. Elsewhere in the city, Israeli police shot dead a 73-year-old woman. Mussa Qawasma/Reuters
Israeli border police stand guard during Friday prayer outside a mosque in the West Bank city of Hebron on November 6, 2015. Elsewhere in the city, Israeli police shot dead a 73-year-old woman. Mussa Qawasma/Reuters
Israeli border police stand guard during Friday prayer outside a mosque in the West Bank city of Hebron on November 6, 2015. Elsewhere in the city, Israeli police shot dead a 73-year-old woman. Mussa

Israel shoots dead 73-year-old Palestinian ‘on her way to lunch’


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HEBRON // Israeli soldiers shot dead a 73-year-old Palestinian woman in the West Bank city of Hebron on Friday, while she was on her way to her sister’s house for lunch, her son said.

Meanwhile, in Gaza, a 23-year-old Palestinian man was shot dead by Israeli security forces in clashes near the border with the Jewish state.

Tharwat Sharawi was killed by army fire at a gas station in Hebron.

The military claimed her car had slowed down and then sped toward the soldiers, who jumped out of the way unharmed before opening fire. But Sharawi’s son Ayoub, 52, denied that his mother intended to harm anyone. He said she had been on her way to her sister’s house for lunch when she was killed.

Sharawi, a mother of seven, was widowed in 1988 when her husband died from what Ayoub said was tear gas fired by Israeli troops near a mosque.

“If she had wanted to take revenge [for her husband’s death], she could have done that a long time ago,” he said. “There is no way she wanted to run over soldiers.”

Palestinian medics, meanwhile, said Sharawi had been driving in pouring rain at the time. They also said she did not intend to attack the soldiers.

Later in the Gaza Strip, Salame Abu Jamaa was shot dead in clashes near the Israeli border, the enclave’s health ministry said.

The Israeli army said he was fired upon after he breached the so-called “buffer zone” – which is on the Palestinian side of the border – as part of a group.

Also in Hebron, the Israeli military alleged that Palestinians fired at Jewish worshippers near a shrine in the city, wounding two people, aged 16 and 18.

In a separate attack, an Israeli man, aged 19, was seriously wounded near to the village of Beit Anon, south of Hebron, after allegedly being fired on by Palestinians, the military said. They said forces were searching the area for the attacker.

Tensions have been running high in Hebron, where hundreds of combat troops guard about 850 Jewish settlers in the downtown area where they live amid tens of thousands of Palestinians.

Elsewhere in the West Bank, an Israeli man standing outside an Israeli-run supermarket was seriously wounded in an alleged Palestinian stabbing attack. The army said troops were searching for the assailant who had fled the scene.

At least 72 Palestinians have been killed in the latest wave of violence to rock the region, while 11 Israelis have been killed.

Meanwhile, near the Israeli settlement of Psagot, close to the West Bank city of Ramallah, youths and soldiers clashed in a residential area during a torrential downpour.

The army fired live ammunition, rubber-coated bullets and tear gas to disperse the crowds.

Security forces also harassed journalists, throwing stun grenades and pointing guns toward them while shouting insults.

A woman who ran to take refuge in her house – one of whose windows had been smashed by what she said was an Israeli tear gas grenade – said she had not slept for days. “My children are living in fear. We hear the bullets flying day and night.”

In Hebron, a further 15 Palestinians were wounded in clashes, as security forces used live ammunition and tear gas.

* Associated Press, Agence France-Presse

What is Bitcoin?

Bitcoin is the most popular virtual currency in the world. It was created in 2009 as a new way of paying for things that would not be subject to central banks that are capable of devaluing currency. A Bitcoin itself is essentially a line of computer code. It's signed digitally when it goes from one owner to another. There are sustainability concerns around the cryptocurrency, which stem from the process of "mining" that is central to its existence.

The "miners" use computers to make complex calculations that verify transactions in Bitcoin. This uses a tremendous amount of energy via computers and server farms all over the world, which has given rise to concerns about the amount of fossil fuel-dependent electricity used to power the computers. 

Basquiat in Abu Dhabi

One of Basquiat’s paintings, the vibrant Cabra (1981–82), now hangs in Louvre Abu Dhabi temporarily, on loan from the Guggenheim Abu Dhabi. 

The latter museum is not open physically, but has assembled a collection and puts together a series of events called Talking Art, such as this discussion, moderated by writer Chaedria LaBouvier. 

It's something of a Basquiat season in Abu Dhabi at the moment. Last week, The Radiant Child, a documentary on Basquiat was shown at Manarat Al Saadiyat, and tonight (April 18) the Guggenheim Abu Dhabi is throwing the re-creation of a party tonight, of the legendary Canal Zone party thrown in 1979, which epitomised the collaborative scene of the time. It was at Canal Zone that Basquiat met prominent members of the art world and moved from unknown graffiti artist into someone in the spotlight.  

“We’ve invited local resident arists, we’ll have spray cans at the ready,” says curator Maisa Al Qassemi of the Guggenheim Abu Dhabi. 

Guggenheim Abu Dhabi's Canal Zone Remix is at Manarat Al Saadiyat, Thursday April 18, from 8pm. Free entry to all. Basquiat's Cabra is on view at Louvre Abu Dhabi until October

Also on December 7 to 9, the third edition of the Gulf Car Festival (www.gulfcarfestival.com) will take over Dubai Festival City Mall, a new venue for the event. Last year's festival brought together about 900 cars worth more than Dh300 million from across the Emirates and wider Gulf region – and that first figure is set to swell by several hundred this time around, with between 1,000 and 1,200 cars expected. The first day is themed around American muscle; the second centres on supercars, exotics, European cars and classics; and the final day will major in JDM (Japanese domestic market) cars, tuned vehicles and trucks. Individuals and car clubs can register their vehicles, although the festival isn’t all static displays, with stunt drifting, a rev battle, car pulls and a burnout competition.

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

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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Bareilly Ki Barfi
Directed by: Ashwiny Iyer Tiwari
Starring: Kriti Sanon, Ayushmann Khurrana, Rajkummar Rao
Three and a half stars

Financial considerations before buying a property

Buyers should try to pay as much in cash as possible for a property, limiting the mortgage value to as little as they can afford. This means they not only pay less in interest but their monthly costs are also reduced. Ideally, the monthly mortgage payment should not exceed 20 per cent of the purchaser’s total household income, says Carol Glynn, founder of Conscious Finance Coaching.

“If it’s a rental property, plan for the property to have periods when it does not have a tenant. Ensure you have enough cash set aside to pay the mortgage and other costs during these periods, ideally at least six months,” she says. 

Also, shop around for the best mortgage interest rate. Understand the terms and conditions, especially what happens after any introductory periods, Ms Glynn adds.

Using a good mortgage broker is worth the investment to obtain the best rate available for a buyer’s needs and circumstances. A good mortgage broker will help the buyer understand the terms and conditions of the mortgage and make the purchasing process efficient and easier. 

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The alternatives

• Founded in 2014, Telr is a payment aggregator and gateway with an office in Silicon Oasis. It’s e-commerce entry plan costs Dh349 monthly (plus VAT). QR codes direct customers to an online payment page and merchants can generate payments through messaging apps.

• Business Bay’s Pallapay claims 40,000-plus active merchants who can invoice customers and receive payment by card. Fees range from 1.99 per cent plus Dh1 per transaction depending on payment method and location, such as online or via UAE mobile.

• Tap started in May 2013 in Kuwait, allowing Middle East businesses to bill, accept, receive and make payments online “easier, faster and smoother” via goSell and goCollect. It supports more than 10,000 merchants. Monthly fees range from US$65-100, plus card charges of 2.75-3.75 per cent and Dh1.2 per sale.

2checkout’s “all-in-one payment gateway and merchant account” accepts payments in 200-plus markets for 2.4-3.9 per cent, plus a Dh1.2-Dh1.8 currency conversion charge. The US provider processes online shop and mobile transactions and has 17,000-plus active digital commerce users.

• PayPal is probably the best-known online goods payment method - usually used for eBay purchases -  but can be used to receive funds, providing everyone’s signed up. Costs from 2.9 per cent plus Dh1.2 per transaction.

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LIST OF INVITEES

Shergo Kurdi (am) 
Rayhan Thomas
Saud Al Sharee (am)
Min Woo Lee
Todd Clements
Matthew Jordan
AbdulRahman Al Mansour (am)
Matteo Manassero
Alfie Plant
Othman Al Mulla
Shaun Norris

Prophets of Rage

(Fantasy Records)