A motorbike passes by a defaced picture of Prime Minister-designate Adnan Al Zurfi in Tahrir Square, Baghdad, on March 19, 2020. AP
A motorbike passes by a defaced picture of Prime Minister-designate Adnan Al Zurfi in Tahrir Square, Baghdad, on March 19, 2020. AP
A motorbike passes by a defaced picture of Prime Minister-designate Adnan Al Zurfi in Tahrir Square, Baghdad, on March 19, 2020. AP
A motorbike passes by a defaced picture of Prime Minister-designate Adnan Al Zurfi in Tahrir Square, Baghdad, on March 19, 2020. AP

Iraqi parties endorse Mustafa Al Kadhimi for premier designate


Mina Aldroubi
  • English
  • Arabic

Political parties from Iraq’s main ruling factions announced on Wednesday their endorsement for the intelligence chief, Mustafa Al Kadhimi, to form a transitional government.

The move blocks the nomination of current Prime Minister-designate Adnan Al Zurfi, who has faced challenges in persuading Shiite blocs to vote in favour of his proposed cabinet.

"Following the Shiite blocs' consensus this week, the Iraqi Forces Alliance and the Kurdistan Regional Government announced their support for Al Kadhimi," an Iraqi MP told The National.

Huge pressure is now on President Barham Salih to withdraw the presidential decree nominating Mr Al Zurfi as Prime Minister-designate and to issue a new order in favour of Mr Al Kadhimi, said Sajad Jiyad, a political analyst in Baghdad.
"It would be legal but highly controversial," Mr Jiyad said.

Mr Salih nominated Mr Al Zurfi in March after larger groups failed to agree on a successor for departing prime minister Adel Abdul Mahdi, who resigned in November.

But Mr Al Zurfi has since struggled to gain the support of Iraq’s divided politicians.

He had 30 days to assemble a new cabinet and present it to Parliament with a deadline of April 16.

“Now they are waiting for either Al Zurfi to withdraw his nomination or for the constitutional period that was given to him to form a government to end,” the Iraqi MP said.

The Iraqi Forces Alliance, led by Parliamentary Speaker Mohammad Al Halbousi, expressed support for Mr Al Kadhimi.

"The person in charge of forming the Iraqi government must have the support of the political factions who are responsible for their nomination," the alliance said.

The President of Iraq's semi-autonomous Kurdish region, Nechirvan Barzani, welcomed Mr Al Kadhimi's nomination and urged the country’s factions to end their differences.

“The presidency affirms its belief in the political stability of Iraq, which requires the formation of a new government and the support of all national parties,” Mr Barzani said.

He called on officials to support Mr Al Kadhimi.

"Our country is facing great challenges that require all political parties to overcome their differences and accelerate the mechanism for forming a federal government,” Mr Barzani said.

Anti-government protests demanding a new political system forced the resignation of Mr Abdul Mahdi.

His allies in Parliament then blocked the appointment of Mohammed Allawi, another prime minister-designate, in February.

COMPANY PROFILE

Company name: SimpliFi

Started: August 2021

Founder: Ali Sattar

Based: UAE

Industry: Finance, technology

Investors: 4DX, Rally Cap, Raed, Global Founders, Sukna and individuals

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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Pearls on a Branch: Oral Tales
​​​​​​​Najlaa Khoury, Archipelago Books

RESULT

Arsenal 2

Sokratis Papastathopoulos 45 4'

Eddie Ntkeiah 51'

Portsmouth 0

 

MATCH INFO

France 3
Umtiti (8'), Griezmann (29' pen), Dembele (63')

Italy 1
Bonucci (36')

Muguruza's singles career in stats

WTA titles 3

Prize money US$11,128,219 (Dh40,873,133.82)

Wins / losses 293 / 149

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