• A helicopter puts out a fire at the scene of the explosion at the port of Lebanon's capital Beirut on August 4, 2020. AFP
    A helicopter puts out a fire at the scene of the explosion at the port of Lebanon's capital Beirut on August 4, 2020. AFP
  • Smoke billows from an area of a large explosion that rocked the harbour area of Beirut, Lebanon. EPA
    Smoke billows from an area of a large explosion that rocked the harbour area of Beirut, Lebanon. EPA
  • The aftermath of blast in Beirut. Sunniva Rose / The National
    The aftermath of blast in Beirut. Sunniva Rose / The National
  • The scene of the explosion that rocked Beirut. AFP
    The scene of the explosion that rocked Beirut. AFP
  • The harbour area with smoke billowing from an area of the explosion, Beirut, Lebanon. EPA
    The harbour area with smoke billowing from an area of the explosion, Beirut, Lebanon. EPA
  • A man reacts at the scene of an explosion at the port in Lebanon's capital Beirut. AFP
    A man reacts at the scene of an explosion at the port in Lebanon's capital Beirut. AFP
  • The scene of the explosion at the port in Beirut. AFP
    The scene of the explosion at the port in Beirut. AFP
  • The scene of the explosion at the port in Beirut. AFP
    The scene of the explosion at the port in Beirut. AFP
  • The scene of the explosion in Beirut. AFP
    The scene of the explosion in Beirut. AFP
  • People gather near the scene of the explosion in Beirut. AFP
    People gather near the scene of the explosion in Beirut. AFP
  • The scene of the blast in Beirut. AFP
    The scene of the blast in Beirut. AFP
  • The scene of the explosion in Beirut. AFP
    The scene of the explosion in Beirut. AFP
  • A wounded man is checked by a fireman near the scene of the explosion in Beirut. AFP
    A wounded man is checked by a fireman near the scene of the explosion in Beirut. AFP
  • A resident stands in the street by a destroyed car, following the explosion near by at the port of Beirut. Bloomberg
    A resident stands in the street by a destroyed car, following the explosion near by at the port of Beirut. Bloomberg
  • Lebanese Red Cross officers carry an injured woman following an explosion at the port of Beirut on August 4, 2020. AFP
    Lebanese Red Cross officers carry an injured woman following an explosion at the port of Beirut on August 4, 2020. AFP
  • Smoke rises after the explosion was heard in Beirut. Reuters
    Smoke rises after the explosion was heard in Beirut. Reuters
  • Firefighters spray water at a blaze after the explosion in Beirut. Reuters
    Firefighters spray water at a blaze after the explosion in Beirut. Reuters
  • People walk at scene of the explosion in Beirut. AFP
    People walk at scene of the explosion in Beirut. AFP
  • The blast at Beirut port. Twitter/ @borzou
    The blast at Beirut port. Twitter/ @borzou
  • Army personnel around entrance to port.
    Army personnel around entrance to port.
  • The aftermath of the blast in Beirut. Sunniva Rose / The National
    The aftermath of the blast in Beirut. Sunniva Rose / The National
  • The aftermath of the blast in Beirut. Sunniva Rose / The National
    The aftermath of the blast in Beirut. Sunniva Rose / The National
  • The aftermath of the blast in Beirut. Sunniva Rose / The National
    The aftermath of the blast in Beirut. Sunniva Rose / The National
  • The aftermath of blast in Beirut. Sunniva Rose / The National
    The aftermath of blast in Beirut. Sunniva Rose / The National
  • Sailors leave their damaged ship near the explosion in Beirut. AP Photo
    Sailors leave their damaged ship near the explosion in Beirut. AP Photo
  • A vehicle stands damaged on a road following a large explosion at the port area of Beirut. Bloomberg
    A vehicle stands damaged on a road following a large explosion at the port area of Beirut. Bloomberg
  • Firefighters try to extinguish flames after a large explosion rocked the harbour area of Beirut. EPA
    Firefighters try to extinguish flames after a large explosion rocked the harbour area of Beirut. EPA
  • People and journalists gather at the scene of an explosion at the port of Lebanon's capital Beirut. AFP
    People and journalists gather at the scene of an explosion at the port of Lebanon's capital Beirut. AFP
  • An injured man sits outside American University of Beirut medical centre on August 5, 2020. Reuters
    An injured man sits outside American University of Beirut medical centre on August 5, 2020. Reuters
  • Men stand before wrecked buildings near the port. Getty Images
    Men stand before wrecked buildings near the port. Getty Images
  • A man walks by an overturned car and destroyed buildings. Getty Images
    A man walks by an overturned car and destroyed buildings. Getty Images
  • Lebanese soldiers stand outside American University of Beirut medical centre. Reuters
    Lebanese soldiers stand outside American University of Beirut medical centre. Reuters
  • Injured people stand after the explosion. AP Photo
    Injured people stand after the explosion. AP Photo
  • People gather by cars destroyed following an explosion at the port of Lebanon's capital Beirut. AFP
    People gather by cars destroyed following an explosion at the port of Lebanon's capital Beirut. AFP
  • Wounded people wait to receive treatment outside a hospital following an explosion near the Beirut port. AFP
    Wounded people wait to receive treatment outside a hospital following an explosion near the Beirut port. AFP

Egypt and Iraq take action to remove dangerous goods after Beirut blast


  • English
  • Arabic

Egypt and Iraq are taking action to clear dangerous chemicals being stored at ports after a massive explosion in Beirut's port this month.

Egyptian Finance Minister Mohamed Mait told parliament that new Customs procedures were being put in place to prevent the storage or abandonment of dangerous or explosive materials.

"What happened in Beirut made us examine our own situation and we actually got rid of large quantities of abandoned and neglected and dangerous materials that were in the ports," Mr Mait said on Sunday.

"There are materials that have been delivered to multiple ministries including oil and defence and interior, and by next December, Egyptian ports will be completely cleaned."

A few days after the Beirut explosion on August 4, Egypt's civil aviation ministry said it had ordered a review of materials at airports and the transfer of any hazardous goods to safe storage.

The blast in Beirut, caused by the detonation of more than 2,750 tonnes of ammonium nitrate stored at its port, killed more than 171 people and wreaked destruction across the Lebanese capital.

Iraq too is taking action.

The Customs authority said a study of major facilities had located 513 containers holding dangerous materials left at the docks of Umm Qasr port 550 kilometres south of Baghdad.

Customs Director General Khaled Salah said that since the Beirut blast they had studied 6,431 containers and identified 513 that posed a risk. He said that 20 containers belonging to the ministries of electricity and oil had been immediately removed because they contained explosives or dangerous dual-use items.

Mr Salah also called on the owners and authorities at the port to remove the rest immediately to “avoid possible accidents in the ports due to their accumulation in conditions contrary to safety, health, quality and international standards".

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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

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FA Cup semi-finals

Saturday: Manchester United v Tottenham Hotspur, 8.15pm (UAE)
Sunday: Chelsea v Southampton, 6pm (UAE)

Matches on Bein Sports

Company%20Profile
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The specs: 2018 Opel Mokka X

Price, as tested: Dh84,000

Engine: 1.4L, four-cylinder turbo

Transmission: Six-speed auto

Power: 142hp at 4,900rpm

Torque: 200Nm at 1,850rpm

Fuel economy, combined: 6.5L / 100km

COMPANY%20PROFILE
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Profile of Tamatem

Date started: March 2013

Founder: Hussam Hammo

Based: Amman, Jordan

Employees: 55

Funding: $6m

Funders: Wamda Capital, Modern Electronics (part of Al Falaisah Group) and North Base Media

The biog

Title: General Practitioner with a speciality in cardiology

Previous jobs: Worked in well-known hospitals Jaslok and Breach Candy in Mumbai, India

Education: Medical degree from the Government Medical College in Nagpur

How it all began: opened his first clinic in Ajman in 1993

Family: a 90-year-old mother, wife and two daughters

Remembers a time when medicines from India were purchased per kilo