French Defence Minister Florence Parly speaks with a Lebanese army brigadier general upon disembarking from the French Navy amphibious assault helicopter carrier Tonnerre at Beirut port on August 14, 2020. AFP
French Defence Minister Florence Parly speaks with a Lebanese army brigadier general upon disembarking from the French Navy amphibious assault helicopter carrier Tonnerre at Beirut port on August 14, 2020. AFP
French Defence Minister Florence Parly speaks with a Lebanese army brigadier general upon disembarking from the French Navy amphibious assault helicopter carrier Tonnerre at Beirut port on August 14, 2020. AFP
French Defence Minister Florence Parly speaks with a Lebanese army brigadier general upon disembarking from the French Navy amphibious assault helicopter carrier Tonnerre at Beirut port on August 14,

Lebanon: diplomatic flurry in blast-hit Beirut as aid effort expands


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Top officials from the US, France and Iran criss-crossed Beirut on Friday to supervise growing aid efforts and weigh in on Lebanon's political future, following the deadly port explosion blamed on state corruption.

Foreign Minister Mohammad Javad Zarif of Iran, which backs Lebanon's powerful Shiite movement Hezbollah, met officials in the capital ahead of a speech by Hezbollah chief Hassan Nasrallah on Friday evening.

Mr Zarif's visit coincided with those of the top career diplomat of Iran's arch-foe the United States, David Hale, and French Defence Minister Florence Parly, who also met with Lebanese leaders and civil society representatives.

Caretaker Lebanese Foreign Minister Charbel Wehbe, left, holds a press conference with his Iranian counterpart Mohammad Javad Zarif in Beirut on August 14, 2020. AP Photo
Caretaker Lebanese Foreign Minister Charbel Wehbe, left, holds a press conference with his Iranian counterpart Mohammad Javad Zarif in Beirut on August 14, 2020. AP Photo

Both Mr Hale and Ms Parly have joined calls from the international community for a reform-oriented government that would co-ordinate aid flooding into the crisis-hit Mediterranean country after the resignation of Prime Minister Hassan Diab's cabinet on Monday.

Mr Zarif said it was for the Lebanese to decide what government they wanted.

"Others should not condition their aid on any change in Lebanon during this emergency situation," he said.

Mr Zarif joined Lebanese officials in rejecting an international probe into the blast, saying "Lebanon, as an independent country, must be in charge of the investigation".

Workers at Beirut port unload aid from the French Navy amphibious assault helicopter carrier Tonnere on August 14, 2020. AFP
Workers at Beirut port unload aid from the French Navy amphibious assault helicopter carrier Tonnere on August 14, 2020. AFP

Protesters filled the streets and clashed with security forces in the days after the August 4 explosion, blaming their political leaders for the negligence they say led to the disaster that killed at least 177 people and wounded at least 6,500.

The blast happened when a huge stock of hazardous materials stocked in a warehouse in the heart of the capital for years exploded, despite repeated warnings of the risk it could cause.

The explosion revived a street protest movement that had first erupted in October last year against government corruption and a lingering economic crisis.

Mr Diab's successor must be named by President Michel Aoun, the target of increasing vitriol from protesters, after consultations with parliamentary blocs representing Lebanon's longstanding political parties – the very ones that the protesters want to see gone.

Mr Hale and Ms Parly met President Aoun separately on Friday and both have called for a government that reflects the will of the people and one that would implement reform.

Overseeing the distribution of aid from the helicopter carrier Tonnerre, which docked in Beirut with food and construction materials, Ms Parly said she urged Mr Aoun president to speed up the process of government formation.

Ms Parly said the next government must have a "mission" and "for a limited period of time be in charge of carrying out far-reaching reforms".

US Undersecretary of State for Political Affairs David Hale meets Lebanese President Michel Aoun at the presidential palace in Baabda, east of Beirut, on August 14, 2020. Dalati and Nohra / AFP
US Undersecretary of State for Political Affairs David Hale meets Lebanese President Michel Aoun at the presidential palace in Baabda, east of Beirut, on August 14, 2020. Dalati and Nohra / AFP

Mr Hale echoed her, calling for a government "that reflects and responds to the will of the people and genuinely commits and acts for real change".

Mr Aoun said he was in talks with top political blocs before formally starting parliamentary consultations to name a new premier.

The new administration will take power in a country that was already battered by crisis before the explosion, with crushing economic woes and widespread discontent at official corruption and ineptitude.

Lebanese authorities named judge Fadi Sawan, with a reputation for independence and integrity according to judicial sources, to lead investigations into the explosion.

But he will not himself question current and former ministers on the ammonium nitrate that was stocked at the port.

They will instead be referred to a special judicial body specialised in questioning government officials.

On Thursday, Mr Hale said the US Federal Bureau of Investigations would join the probe "at the invitation" of Lebanese authorities.

France, which on Friday confirmed that two French citizens were among the 177 people killed in the blast, has opened its own enquiry.

UN experts have called for a prompt and independent investigation into the explosion, expressing concern at the "impunity" they say Lebanese officials enjoy.

Lebanese authorities have rejected an international probe.

Rescue workers continued to recover the remains of those killed in the blast at the devastated Beirut port on Friday.

Relatives of three firefighters from the same family, who had tried to put out a fire that flared before the blast, were told that the remains of two of them had been identified by DNA analysis.

"I don't have words to describe the fire that consumes us. Imagine getting to the point of being happy to have found the remains of two among you," said Antonella Hitti on Facebook, after learning that the remains of her brother Najib, 27, and her cousin Charbel, 22, had been identified.

"We're not organising funerals before finding Charbel Karam," the third missing firefighter from the family, relative Mayane Nassif told AFP.

GOLF’S RAHMBO

- 5 wins in 22 months as pro
- Three wins in past 10 starts
- 45 pro starts worldwide: 5 wins, 17 top 5s
- Ranked 551th in world on debut, now No 4 (was No 2 earlier this year)
- 5th player in last 30 years to win 3 European Tour and 2 PGA Tour titles before age 24 (Woods, Garcia, McIlroy, Spieth)

ALRAWABI%20SCHOOL%20FOR%20GIRLS
%3Cp%3ECreator%3A%20Tima%20Shomali%3C%2Fp%3E%0A%3Cp%3EStarring%3A%C2%A0Tara%20Abboud%2C%C2%A0Kira%20Yaghnam%2C%20Tara%20Atalla%3C%2Fp%3E%0A%3Cp%3ERating%3A%204%2F5%3C%2Fp%3E%0A
The%C2%A0specs%20
%3Cp%3E%0D%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E6-cylinder%2C%204.8-litre%20%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E5-speed%20automatic%20and%20manual%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E280%20brake%20horsepower%20%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E451Nm%20%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3Efrom%20Dh153%2C00%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3Enow%3C%2Fp%3E%0A
Stage result

1. Jasper Philipsen (Bel) Alpecin-Fenix 4:42:34

2. Sam Bennett (Irl) Bora-Hansgrohe

3. Elia Viviani (Ita) Ineos Grenadiers

4. Dylan Groenewegen (Ned) BikeExchange-Jayco

5. Emils Liepins (Lat) Trek-Segafredo

6. Arnaud Demare (Fra) Groupama-FDJ

7. Max Kanter (Ger) Movistar Team

8. Olav Kooij (Ned) Jumbo-Visma

9. Tom Devriendt (Bel) Intermarché-Wanty-Gobert Matériaux

10. Pascal Ackermann (Ger) UAE Team Emirate

Meydan race card

6.30pm: Maiden Dh 165,000 1,600m
7.05pm: Handicap Dh 185,000 2,000m
7.40pm: Maiden Dh 165,000 1,600m
8.15pm: Handicap Dh 190,000 1,400m
8.50pm: Handicap Dh 175,000 1,600m
9.25pm: Handicap Dh 175,000 1,200m
10pm: Handicap Dh 165,000 1,600m

Iran's dirty tricks to dodge sanctions

There’s increased scrutiny on the tricks being used to keep commodities flowing to and from blacklisted countries. Here’s a description of how some work.

1 Going Dark

A common method to transport Iranian oil with stealth is to turn off the Automatic Identification System, an electronic device that pinpoints a ship’s location. Known as going dark, a vessel flicks the switch before berthing and typically reappears days later, masking the location of its load or discharge port.

2. Ship-to-Ship Transfers

A first vessel will take its clandestine cargo away from the country in question before transferring it to a waiting ship, all of this happening out of sight. The vessels will then sail in different directions. For about a third of Iranian exports, more than one tanker typically handles a load before it’s delivered to its final destination, analysts say.

3. Fake Destinations

Signaling the wrong destination to load or unload is another technique. Ships that intend to take cargo from Iran may indicate their loading ports in sanction-free places like Iraq. Ships can keep changing their destinations and end up not berthing at any of them.

4. Rebranded Barrels

Iranian barrels can also be rebranded as oil from a nation free from sanctions such as Iraq. The countries share fields along their border and the crude has similar characteristics. Oil from these deposits can be trucked out to another port and documents forged to hide Iran as the origin.

* Bloomberg

PAST 10 BRITISH GRAND PRIX WINNERS

2016 - Lewis Hamilton (Mercedes-GP)
2015 - Lewis Hamilton (Mercedes-GP)
2014 - Lewis Hamilton (Mercedes-GP)
2013 - Nico Rosberg (Mercedes-GP)
2012 - Mark Webber (Red Bull Racing)
2011 - Fernando Alonso (Ferrari)
2010 - Mark Webber (Red Bull Racing)
2009 - Sebastian Vettel (Red Bull Racing)
2008 - Lewis Hamilton (McLaren)
2007 - Kimi Raikkonen (Ferrari)

In-demand jobs and monthly salaries
  • Technology expert in robotics and automation: Dh20,000 to Dh40,000 
  • Energy engineer: Dh25,000 to Dh30,000 
  • Production engineer: Dh30,000 to Dh40,000 
  • Data-driven supply chain management professional: Dh30,000 to Dh50,000 
  • HR leader: Dh40,000 to Dh60,000 
  • Engineering leader: Dh30,000 to Dh55,000 
  • Project manager: Dh55,000 to Dh65,000 
  • Senior reservoir engineer: Dh40,000 to Dh55,000 
  • Senior drilling engineer: Dh38,000 to Dh46,000 
  • Senior process engineer: Dh28,000 to Dh38,000 
  • Senior maintenance engineer: Dh22,000 to Dh34,000 
  • Field engineer: Dh6,500 to Dh7,500
  • Field supervisor: Dh9,000 to Dh12,000
  • Field operator: Dh5,000 to Dh7,000
Winners

Best Men's Player of the Year: Kylian Mbappe (PSG)

Maradona Award for Best Goal Scorer of the Year: Robert Lewandowski (Bayern Munich)

TikTok Fans’ Player of the Year: Robert Lewandowski

Top Goal Scorer of All Time: Cristiano Ronaldo (Manchester United)

Best Women's Player of the Year: Alexia Putellas (Barcelona)

Best Men's Club of the Year: Chelsea

Best Women's Club of the Year: Barcelona

Best Defender of the Year: Leonardo Bonucci (Juventus/Italy)

Best Goalkeeper of the Year: Gianluigi Donnarumma (PSG/Italy)

Best Coach of the Year: Roberto Mancini (Italy)

Best National Team of the Year: Italy 

Best Agent of the Year: Federico Pastorello

Best Sporting Director of the Year: Txiki Begiristain (Manchester City)

Player Career Award: Ronaldinho

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LIKELY TEAMS

South Africa
Faf du Plessis (captain), Dean Elgar, Aiden Markram, Hashim Amla, AB de Villiers, Quinton de Kock (wkt), Vernon Philander, Keshav Maharaj, Kagiso Rabada, Morne Morkel, Lungi Ngidi.

India (from)
Virat Kohli (captain), Murali Vijay, Lokesh Rahul, Cheteshwar Pujara, Rohit Sharma, Ajinkya Rahane, Hardik Pandya, Dinesh Karthik (wkt), Ravichandran Ashwin, Bhuvneshwar Kumar, Ishant Sharma, Mohammad Shami, Jasprit Bumrah.

Quick pearls of wisdom

Focus on gratitude: And do so deeply, he says. “Think of one to three things a day that you’re grateful for. It needs to be specific, too, don’t just say ‘air.’ Really think about it. If you’re grateful for, say, what your parents have done for you, that will motivate you to do more for the world.”

Know how to fight: Shetty married his wife, Radhi, three years ago (he met her in a meditation class before he went off and became a monk). He says they’ve had to learn to respect each other’s “fighting styles” – he’s a talk it-out-immediately person, while she needs space to think. “When you’re having an argument, remember, it’s not you against each other. It’s both of you against the problem. When you win, they lose. If you’re on a team you have to win together.” 

The specs: Volvo XC40

Price: base / as tested: Dh185,000

Engine: 2.0-litre, turbocharged in-line four-cylinder

Gearbox: Eight-speed automatic

Power: 250hp @ 5,500rpm

Torque: 350Nm @ 1,500rpm

Fuel economy, combined: 10.4L / 100km

THE SPECS

2020 Toyota Corolla Hybrid LE

Engine: 1.8 litre combined with 16-volt electric motors

Transmission: Automatic with manual shifting mode

Power: 121hp

Torque: 142Nm

Price: Dh95,900

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

Other workplace saving schemes
  • The UAE government announced a retirement savings plan for private and free zone sector employees in 2023.
  • Dubai’s savings retirement scheme for foreign employees working in the emirate’s government and public sector came into effect in 2022.
  • National Bonds unveiled a Golden Pension Scheme in 2022 to help private-sector foreign employees with their financial planning.
  • In April 2021, Hayah Insurance unveiled a workplace savings plan to help UAE employees save for their retirement.
  • Lunate, an Abu Dhabi-based investment manager, has launched a fund that will allow UAE private companies to offer employees investment returns on end-of-service benefits.
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Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

The specs: Rolls-Royce Cullinan

Price, base: Dh1 million (estimate)

Engine: 6.75-litre twin-turbo V12

Transmission: Eight-speed automatic

Power: 563hp @ 5,000rpm

Torque: 850Nm @ 1,600rpm

Fuel economy, combined: 15L / 100km