• Sheikh Abdullah bin Zayed, UAE Minister of Foreign Affairs and International Co-operation, speaks to Donald Trump, US president at the time, and Israeli Prime Minister Benjamin Netanyahu in the Oval Office in September 2020. Ministry of Foreign Affairs and International Co-operation
    Sheikh Abdullah bin Zayed, UAE Minister of Foreign Affairs and International Co-operation, speaks to Donald Trump, US president at the time, and Israeli Prime Minister Benjamin Netanyahu in the Oval Office in September 2020. Ministry of Foreign Affairs and International Co-operation
  • Sheikh Abdullah bin Zayed, UAE Minister of Foreign Affairs and International Co-operation, meets Mike Pompeo, US secretary of state at the time. Wam
    Sheikh Abdullah bin Zayed, UAE Minister of Foreign Affairs and International Co-operation, meets Mike Pompeo, US secretary of state at the time. Wam
  • Sheikh Abdullah and Mr Pompeo in Washington. Wam
    Sheikh Abdullah and Mr Pompeo in Washington. Wam
  • Sheikh Abdullah visits Washington in September last year. Wam
    Sheikh Abdullah visits Washington in September last year. Wam
  • Sheikh Abdullah, UAE Minister of Foreign Affairs and International Co-operation, US President Donald Trump, centre, and Israeli Prime Minister Benjamin Netanyahu sign the Abraham Accord at the White House South Lawn. MOFAIC
    Sheikh Abdullah, UAE Minister of Foreign Affairs and International Co-operation, US President Donald Trump, centre, and Israeli Prime Minister Benjamin Netanyahu sign the Abraham Accord at the White House South Lawn. MOFAIC
  • Sheikh Abdullah and, from left, Bahrain's Foreign Minister Abdullatif Al Zayani, Israeli Prime Minister Benjamin Netanyahu and US President Donald Trump at the White House. MOFAIC
    Sheikh Abdullah and, from left, Bahrain's Foreign Minister Abdullatif Al Zayani, Israeli Prime Minister Benjamin Netanyahu and US President Donald Trump at the White House. MOFAIC
  • Sheikh Abdullah, Mr Al Zayani and Mr Netanyahu at the White House during the Abraham Accord signing ceremony. MOFAIC
    Sheikh Abdullah, Mr Al Zayani and Mr Netanyahu at the White House during the Abraham Accord signing ceremony. MOFAIC
  • Sheikh Abdullah and, from left, Mr Netanyahu, Mr Trump and Mr Al Zayani wave from the Truman Balcony at the White House. AFP
    Sheikh Abdullah and, from left, Mr Netanyahu, Mr Trump and Mr Al Zayani wave from the Truman Balcony at the White House. AFP
  • Sheikh Abdullah and, from left, Mr Al Zayani, Mr Netanyahu and Mr Trump sign the Abraham Accord. AFP
    Sheikh Abdullah and, from left, Mr Al Zayani, Mr Netanyahu and Mr Trump sign the Abraham Accord. AFP
  • Sheikh Abdullah and, from left, Mr Al Zayani, Mr Netanyahu and Mr Trump after the signing ceremony. AFP
    Sheikh Abdullah and, from left, Mr Al Zayani, Mr Netanyahu and Mr Trump after the signing ceremony. AFP
  • Sheikh Abdullah and, from left, Mr Al Zayani, Mr Netanyahu and Mr Trump after the signing ceremony. AFP
    Sheikh Abdullah and, from left, Mr Al Zayani, Mr Netanyahu and Mr Trump after the signing ceremony. AFP
  • Sheikh Abdullah speaks from the Truman Balcony at the White House during the signing ceremony of the Abraham Accord. AFP
    Sheikh Abdullah speaks from the Truman Balcony at the White House during the signing ceremony of the Abraham Accord. AFP
  • Sheikh Abdullah speaks as Mr Trump looks on before the signing of Abraham Accord on the South Lawn of the White House. AP
    Sheikh Abdullah speaks as Mr Trump looks on before the signing of Abraham Accord on the South Lawn of the White House. AP
  • Sheikh Abdullah looks on from the White House as Mr Trump speaks at the Abraham Accord signing ceremony, also attended by Mr Al Zayani and Mr Netanyahu. AP
    Sheikh Abdullah looks on from the White House as Mr Trump speaks at the Abraham Accord signing ceremony, also attended by Mr Al Zayani and Mr Netanyahu. AP
  • Sheikh Abdullah bin Zayed, UAE Minister of Foreign Affairs and International Co-operation, Israeli Prime Minister Benjamin Netanyahu, left, and Bahraini Foreign Minister Abdullatif Al Zayani stand on the Blue Room Balcony during the signing ceremony. AP
    Sheikh Abdullah bin Zayed, UAE Minister of Foreign Affairs and International Co-operation, Israeli Prime Minister Benjamin Netanyahu, left, and Bahraini Foreign Minister Abdullatif Al Zayani stand on the Blue Room Balcony during the signing ceremony. AP
  • Sheikh Abdullah and Mr Al Zayani shortly before participating in the signing of the Abraham Accord. AFP
    Sheikh Abdullah and Mr Al Zayani shortly before participating in the signing of the Abraham Accord. AFP
  • Sheikh Abdullah, with Mr Netanyahu, left, and Mr Al Zayani at the signing of the Abraham Accord on the South Lawn of the White House. AFP
    Sheikh Abdullah, with Mr Netanyahu, left, and Mr Al Zayani at the signing of the Abraham Accord on the South Lawn of the White House. AFP
  • US President Donald Trump speaks from the Truman Balcony at the White House during the signing ceremony of the Abraham Accord. AFP
    US President Donald Trump speaks from the Truman Balcony at the White House during the signing ceremony of the Abraham Accord. AFP
  • President Donald Trump walks to the Abraham Accord signing ceremony at the White House with Sheikh Abdullah bin Zayed, UAE Minister of Foreign Affairs and International Co-operation, Israeli Prime Minister Benjamin Netanyahu, and Bahrain's Foreign Minister Abdullatif Al Zayani. AP
    President Donald Trump walks to the Abraham Accord signing ceremony at the White House with Sheikh Abdullah bin Zayed, UAE Minister of Foreign Affairs and International Co-operation, Israeli Prime Minister Benjamin Netanyahu, and Bahrain's Foreign Minister Abdullatif Al Zayani. AP
  • US Secretary of State Mike Pompeo arrives at the White House to attend the Abraham Accord signing ceremony hosted by President Donald Trump. EPA
    US Secretary of State Mike Pompeo arrives at the White House to attend the Abraham Accord signing ceremony hosted by President Donald Trump. EPA
  • Sheikh Abdullah bin Zayed, UAE Minister of Foreign Affairs and International Co-operation, meets US President Donald Trump in the Oval Office of the White House before the signing of Abraham Accord. AFP
    Sheikh Abdullah bin Zayed, UAE Minister of Foreign Affairs and International Co-operation, meets US President Donald Trump in the Oval Office of the White House before the signing of Abraham Accord. AFP
  • Sheikh Abdullah bin Zayed, UAE Minister of Foreign Affairs and International Co-operation, in the Oval Office. AFP
    Sheikh Abdullah bin Zayed, UAE Minister of Foreign Affairs and International Co-operation, in the Oval Office. AFP
  • Sheikh Abdullah bin Zayed, UAE Minister of Foreign Affairs and International Co-operation, meets US President Donald Trump in the Oval Office of the White House. AFP
    Sheikh Abdullah bin Zayed, UAE Minister of Foreign Affairs and International Co-operation, meets US President Donald Trump in the Oval Office of the White House. AFP
  • Sheikh Abdullah with Mr Trump in the Oval Office. AFP
    Sheikh Abdullah with Mr Trump in the Oval Office. AFP
  • Sheikh Abdullah bin Zayed, UAE Minister of Foreign Affairs and International Co-operation, with by President Donald Trump at the White House. Mustafa Alrawi / The National
    Sheikh Abdullah bin Zayed, UAE Minister of Foreign Affairs and International Co-operation, with by President Donald Trump at the White House. Mustafa Alrawi / The National
  • The UAE delegation led by Sheikh Abdullah bin Zayed, Minister of Foreign Affairs and International Co-operation, with US President Donald Trump at the White House. Mustafa Alrawi / The National
    The UAE delegation led by Sheikh Abdullah bin Zayed, Minister of Foreign Affairs and International Co-operation, with US President Donald Trump at the White House. Mustafa Alrawi / The National
  • Sheikh Abdullah bin Zayed, UAE Minister of Foreign Affairs and International Co-operation, is welcomed to the White House by US President Donald Trump. EPA
    Sheikh Abdullah bin Zayed, UAE Minister of Foreign Affairs and International Co-operation, is welcomed to the White House by US President Donald Trump. EPA
  • Sheikh Abdullah and Mr Trump outside the White House. AFP
    Sheikh Abdullah and Mr Trump outside the White House. AFP
  • Sheikh Abdullah bin Zayed speaks to Mr Trump after arriving at the White House. Reuters
    Sheikh Abdullah bin Zayed speaks to Mr Trump after arriving at the White House. Reuters
  • White House Senior Adviser Jared Kushner walks away following a television interview on the North Lawn at the White House in Washington. Reuters
    White House Senior Adviser Jared Kushner walks away following a television interview on the North Lawn at the White House in Washington. Reuters
  • US President Donald Trump and First Lady Melania Trump welcome the arrival of Prime Minister of Israel Benjamin Netanyahu and his wife Sara on the North Lawn of the White House in Washington DC. AFP
    US President Donald Trump and First Lady Melania Trump welcome the arrival of Prime Minister of Israel Benjamin Netanyahu and his wife Sara on the North Lawn of the White House in Washington DC. AFP
  • A delegation of senior UAE officials led by Sheikh Abdullah bin Zayed, UAE Minister of Foreign Affairs and International Co-operation, prepares to depart for the White House to sign the Abraham Accord. MOFAIC
    A delegation of senior UAE officials led by Sheikh Abdullah bin Zayed, UAE Minister of Foreign Affairs and International Co-operation, prepares to depart for the White House to sign the Abraham Accord. MOFAIC
  • US President Donald Trump welcomes Bahraini Foreign Minister Abdullatif Al Zayani. AFP
    US President Donald Trump welcomes Bahraini Foreign Minister Abdullatif Al Zayani. AFP
  • Bahraini Foreign Minister Abdullatif Al Zayani arrives at the White House in Washington DC. AFP
    Bahraini Foreign Minister Abdullatif Al Zayani arrives at the White House in Washington DC. AFP
  • US President Donald Trump welcomes Bahraini Foreign Minister Abdullatif Al Zayani on the North Lawn of the White House in Washington, DC. AFP
    US President Donald Trump welcomes Bahraini Foreign Minister Abdullatif Al Zayani on the North Lawn of the White House in Washington, DC. AFP
  • Preparations at the White House for the signing of the Abraham Accord.
    Preparations at the White House for the signing of the Abraham Accord.
  • Preparations under way at the White House for the signing of the Abraham Accord.
    Preparations under way at the White House for the signing of the Abraham Accord.
  • Preparations under way at the White House for the signing of the Abraham Accord.
    Preparations under way at the White House for the signing of the Abraham Accord.
  • Preparation at the White House for the signing of the Abraham Accord. The National
    Preparation at the White House for the signing of the Abraham Accord. The National

'Extending the hand of peace': UAE and Israel sign historic accord


  • English
  • Arabic

The UAE and Israel on Tuesday signed a historic accord to normalise relations, followed by a similar signing by Bahrain, which completed its own peace deal with Israel, at the White House.

"We're here this afternoon to change the course of history," US President Donald Trump said at the start of the signing ceremony.

"After decades of division and conflict we mark the dawn of a new Middle East thanks to the great courage of the leaders of these three countries."

At the ceremony, UAE Minister of Foreign Affairs and International Co-operation Sheikh Abdullah bin Zayed and Bahrain's Foreign Minister Dr Abdullatif Al Zayani signed agreements with Israeli Prime Minister Benjamin Netanyahu and Mr Trump.

All four then signed the English, Arabic and Hebrew texts of the Abraham Accords, named after the patriarch of the world’s three major monotheistic religions.

"I stand here today to extend a hand of peace and receive a hand of peace," Sheikh Abdullah said.

"The search for peace is an innate principle yet principles are effectively realised when they are transformed into actions.

"Today, we are already witnessing a change in the heart of the Middle East and a change that will send hope around the world.

"The region's youth are looking forward to taking part in this humanitarian moment … opening opportunities for those who love peace and prosperity and the future.

"Peace requires courage and shaping the future requires knowledge. The advancement of nations requires sincerity.

"We came to tell the world this is our approach. Peace is our guiding principle. Those who begin things in the right way will reap achievements."

At a meeting with Mr Trump before the ceremony, Sheikh Abdullah said: "Our region has suffered far too long. We want to show our people, the region and the world that there is good news."

Mr Netanyahu said he was grateful to Mr Trump.

"To all of Israel's friends in the Middle East, those who join us today and those who will join us tomorrow, I say 'as-Salam Alaikum', peace unto thee, shalom," he said.

Bahrain's Dr Al Zayani opened his address at the White House saying it was a "moment of hope and opportunity for all the people of the Middle East, and in particular for the millions in our younger generations".

He said the agreement would enhance Bahrain's principles of coexistence and harmony, and that genuine co-operation was the most effective means to peace.

"For too long the Middle East has been set back by conflict and distrust, causing untold destruction and thwarting the potential of generations of our best and brightest young people," Dr Al Zayani said.

"Now I'm convinced we have the opportunity to change that."

Palestinian President Mahmood Abbas responded to the event saying: “There will never be peace in the Middle East without an end to Israel's occupation."

Sheikh Abdullah addressed Palestinians and expressed the UAE’s continued support for their cause.

“This accord will enable us to continue to stand by the Palestinian people and realise their hopes for an independent state within a stable and prosperous region,” he said.

“This accord builds upon previous peace agreements signed by Arab nations with the state of Israel. The aim of all these treaties is to work towards stability and sustainable development.”

US ambassador to the UAE John Rakolta also touched on the need to engage with Palestinians after the deal, despite Mr Trump closing the Palestine Liberation Organisation's mission to the US, and said the events of Tuesday "end a conflict that has gone on far too long".

"Now it’s time for us to show the resolve, to show a warm peace," Mr Rakolta said.

"Enjoy this day and move on tomorrow to bring more countries into the fold, making sure to also bring the Palestinians into this.

"[Parties should] encourage them to come and negotiate, put their best ideas and arguments forward, be prepared to compromise, negotiate and reach a settlement, and move forward for the betterment of all the Palestinian people.

"I know we all feel very strongly about this and this is what we will be focusing on going forward."

Before the ceremony, in a discussion with Sheikh Abdullah, Mr Trump said he believed the Palestinian leadership would eventually sign on to the US-brokered peace agreements "at the right time".

Israeli President Reuven Rivlin described the signing as an event that broke down barriers between people.

"This is a true example of breaking down borders and overcoming divisions," Mr Rivlin tweeted before the ceremony.

“I hope and pray that this coming year will be a year of breaking down more barriers, working together to overcome shared challenges and advance mutual understanding, peace and co-operation in our region and around the world.”

The deals make the UAE and Bahrain the third and fourth Arab states to to normalise ties since Israel signed peace treaties with Egypt in 1979 and Jordan in 1994.

Sheikh Abdullah was joined by a large delegation from Abu Dhabi.

They included Abdulla bin Touq, Minister of Economy, and Dr Sultan Al Jaber, Minister of Industry and Advanced Technology.

Also there were Obaid Al Tayer, Minister of State for Financial Affairs, Reem Al Hashimy, Minister of State for International Co-operation, and Omar Ghobash, UAE Assistant Minister for Cultural Affairs and Public Diplomacy.

Then there were Yousef Al Otaiba, Minister and UAE ambassador to the US, Lana Nusseibeh, UAE permanent representative to the UN, and Ali Al Neyadi, Commissioner of Customs and Chairman of the Federal Customs Authority.

Representatives from Sudan and Oman also attended the ceremony at the White House.

Mr bin Touq promoted the economic benefits of the UAE-Israeli agreement.

"We have promising opportunities for co-operation in vital sectors that serve the two countries' future economic development agendas,” he said on Tuesday.

“These include medicines, energy, life sciences, food security, financial services, tourism and travel, in addition to the fields of space, defence, security, research and development."

Speaking to the Atlantic Council, US Secretary of State Mike Pompeo said the key to striking the diplomatic agreements was common interests.

"The primary destabilising force in the Middle East was not the conflict between Israel and the Palestinians, but rather the threat posed by the extraterritorial ambitions of the clerical regime in Iran," Mr Pompeo said.

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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