A diesel tank at a bakery in Beirut’s Tariq Al-Jadida neighbourhood has exploded, killing four people and injuring dozens.
The Lebanese Red Cross confirmed the death toll, while the Al-Jadeed television channel reported that at least 30 people were injured.
"Two bodies and a number of wounded were taken to Al Maqasid Hospital as a result of the explosion of the diesel tank that caught fire this evening," said George Kittana, secretary-general of the Lebanese Red Cross.
Eyewitness Ali Ghannam said: "We were cleaning the street then suddenly a very strong explosion shook the place and everything starting falling down.
"A diesel or gasoline tank was blown in the air then fell down, causing fire and electricity cables to be cut, and people ran away. We still don't know the details."
The explosion reportedly panicked local residents and damaged a large number of neighbouring buildings.
The army cordoned off the blast site, a bakery, and evacuated residents who were trapped on the upper floors of the building.
Lebanon Civil Defence said the explosion caused a large fire which has been brought under control.
A security source told French news agency AFP the fire took hold in an underground storage area where there was also petrol.
The source said authorities arrested the owner, who manages one of the many private generator services that supply residents with electricity during Lebanon's frequent power outages.
Beirut governor Marwan Aboud told Al Jadeed that in the last few weeks the municipality had been looking for warehouses that could be in breach of the law or pose a danger to residential areas.
"We feared that such an accident could happen," Mr Aboud said.
He said about 100 sites had been identified as suspect. "We have ordered some of them to close and required others to put in place procedures to protect the public."
Lebanon is still suffering after August's huge explosion in Beirut port, which killed at least 190, injuring 6,500 and leaving 300,000 people homeless.
About 2,750 tonnes of ammonium nitrate stored at port exploded in what was one of the biggest non-nuclear blasts in history.
The eight-month-old government resigned after the blast, but no politician has apologised and the local investigation has yet to pinpoint responsibility for the disaster.
Former prime minister Saad Hariri has said he is a possible candidate to head a new government to stem the country's economic collapse.
French President Emmanuel Macron last month extracted a pledge from all political sides in the former French protectorate to back speedy government formation as part of a roadmap out of the crisis, but efforts so far have failed.
President Michel Aoun is to hold parliamentary consultations on naming a new premier on Thursday next week.
Even before the blast at Beirut port and the coronavirus pandemic, Lebanon was facing its worst economic crisis since the end of a 15-year civil war in 1990.
GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
Washmen Profile
Date Started: May 2015
Founders: Rami Shaar and Jad Halaoui
Based: Dubai, UAE
Sector: Laundry
Employees: 170
Funding: about $8m
Funders: Addventure, B&Y Partners, Clara Ventures, Cedar Mundi Partners, Henkel Ventures
Infiniti QX80 specs
Engine: twin-turbocharged 3.5-liter V6
Power: 450hp
Torque: 700Nm
Price: From Dh450,000, Autograph model from Dh510,000
Available: Now
UAE v Gibraltar
What: International friendly
When: 7pm kick off
Where: Rugby Park, Dubai Sports City
Admission: Free
Online: The match will be broadcast live on Dubai Exiles’ Facebook page
UAE squad: Lucas Waddington (Dubai Exiles), Gio Fourie (Exiles), Craig Nutt (Abu Dhabi Harlequins), Phil Brady (Harlequins), Daniel Perry (Dubai Hurricanes), Esekaia Dranibota (Harlequins), Matt Mills (Exiles), Jaen Botes (Exiles), Kristian Stinson (Exiles), Murray Reason (Abu Dhabi Saracens), Dave Knight (Hurricanes), Ross Samson (Jebel Ali Dragons), DuRandt Gerber (Exiles), Saki Naisau (Dragons), Andrew Powell (Hurricanes), Emosi Vacanau (Harlequins), Niko Volavola (Dragons), Matt Richards (Dragons), Luke Stevenson (Harlequins), Josh Ives (Dubai Sports City Eagles), Sean Stevens (Saracens), Thinus Steyn (Exiles)
JOKE'S%20ON%20YOU
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Henrik Stenson's finishes at Abu Dhabi HSBC Championship:
2006 - 2
2007 - 8
2008 - 2
2009 - MC
2010 - 21
2011 - 42
2012 - MC
2013 - 23
2014 - MC
2015 - MC
2016 - 3
2017 - 8
West Indies v India - Third ODI
India 251-4 (50 overs)
Dhoni (78*), Rahane (72), Jadhav (40)
Cummins (2-56), Bishoo (1-38)
West Indies 158 (38.1 overs)
Mohammed (40), Powell (30), Hope (24)
Ashwin (3-28), Yadav (3-41), Pandya (2-32)
India won by 93 runs
Company%20profile
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Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
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