Yemeni President Abd-Rabbu Mansour Hadi attends the Arab summit in Mecca, Saudi Arabia, May 31, 2019. Reuters
Yemeni President Abd-Rabbu Mansour Hadi attends the Arab summit in Mecca, Saudi Arabia, May 31, 2019. Reuters
Yemeni President Abd-Rabbu Mansour Hadi attends the Arab summit in Mecca, Saudi Arabia, May 31, 2019. Reuters
Yemeni President Abd-Rabbu Mansour Hadi attends the Arab summit in Mecca, Saudi Arabia, May 31, 2019. Reuters

New Yemeni government to provide impetus for peace, officials say


Mina Aldroubi
  • English
  • Arabic

The formation of Yemen's new government will provide the impetus for a peace process that could end the political deadlock and revive talks, officials told The National.

A new cabinet was announced early this December in a bid to end a power struggle between nominal allies, the government and the Southern Transitional Council, which declared self-rule in Aden.

The main Yemeni forces in a Saudi-led coalition fighting the Iran-backed Houthi rebels, they have been in disagreement in the south for about two years.

The disagreements complicated efforts to enforce a nationwide ceasefire and pave the way for the resumption of negotiations to end the war that has raged for six years.

“The formation of the new government is a positive and pivotal step, not only to unite forces and efforts against the Houthis but also to stabilise the situation in liberated areas and restore basic services to the people of Yemen,” said Marwan Noman, Yemen’s deputy permanent representative to the UN.

Government officials have been wary of the Houthis' commitment to faithfully engage in peace talks.

“Nevertheless, when it comes to peace talks ... we need to be very cautious. There are some preconditions to be honoured,” Mr Noman said.

Measures to build confidence were agreed on during talks in Sweden in December 2018.

They included demilitarising the Yemeni port of Hodeidah to prevent a battle in the Red Sea port city and stave off famine.

The release of hundreds of prisoners and a ceasefire to de-escalate tension were also agreed.

“I think it will be difficult to go to any talks before the parties agree to the joint declaration proposed by the UN special envoy, Martin Griffiths,” Mr Noman said.

The challenges facing this government are “tremendous”, he said.

Mr Noman said he was optimistic and hoped that 2021 was the year of peace in Yemen.

Another government official said the Houthi rebels were the only ones “standing in the way of peace”.

“We want to unite to create peace and every day this urge is intensified when we see the suffering of the Yemeni people,” he said.

“We are ready to build trust with the Houthis. The government is complete and we are ready."

Yemeni officials consider the formation of the government a “crucial step towards ending the war”.

The UN envoy to Yemen, Martin Griffiths, has told the Security Council that he plans to convene face-to-face consultations between the government and Houthis in the coming year.

The UK has offered to host the talks, the official said, but the news was yet to be confirmed.

“Now that the new government is announced, we should expect something before the spring,” he said.

UN-led efforts to stop the war

Mr Griffiths and his team maintain that the formation of the new government is “a pivotal step towards a lasting political resolution to the conflict in Yemen”.

He said his office had been mediating a deal between the sides that would ensure the parties stopped fighting, and adopted measures to reopen the country, ease the suffering and resume the political process.

“It is time for the parties to come together, discuss their differences and agree on a realistic way forward," Mr Griffiths said.

"In 2021, I would like to see the parties demonstrate seriousness about resuming an inclusive political process to end the conflict.”

War and the virus
Groom and Two Brides

Director: Elie Semaan

Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla

Rating: 3/5

Brief scores

Toss India, chose to bat

India 281-7 in 50 ov (Pandya 83, Dhoni 79; Coulter-Nile 3-44)

Australia 137-9 in 21 ov (Maxwell 39, Warner 25; Chahal 3-30)

India won by 26 runs on Duckworth-Lewis Method

The specs: Hyundai Ionic Hybrid

Price, base: Dh117,000 (estimate)

Engine: 1.6L four-cylinder, with 1.56kWh battery

Transmission: Six-speed automatic

Power: 105hp (engine), plus 43.5hp (battery)

Torque: 147Nm (engine), plus 170Nm (battery)

Fuel economy, combined: 3.4L / 100km

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

RESULTS

Men – semi-finals

57kg – Tak Chuen Suen (MAC) beat Phuong Xuan Nguyen (VIE) 29-28; Almaz Sarsembekov (KAZ) beat Zakaria Eljamari (UAE) by points 30-27.

67kg – Mohammed Mardi (UAE) beat Huong The Nguyen (VIE) by points 30-27; Narin Wonglakhon (THA) v Mojtaba Taravati Aram (IRI) by points 29-28.

60kg – Yerkanat Ospan (KAZ) beat Amir Hosein Kaviani (IRI) 30-27; Long Doan Nguyen (VIE) beat Ibrahim Bilal (UAE) 29-28

63.5kg – Abil Galiyev (KAZ) beat Truong Cao Phat (VIE) 30-27; Nouredine Samir (UAE) beat Norapat Khundam (THA) RSC round 3.

71kg​​​​​​​ – Shaker Al Tekreeti (IRQ) beat Fawzi Baltagi (LBN) 30-27; Amine El Moatassime (UAE) beat Man Kongsib (THA) 29-28

81kg – Ilyass Hbibali (UAE) beat Alexandr Tsarikov (KAZ) 29-28; Khaled Tarraf (LBN) beat Mustafa Al Tekreeti (IRQ) 30-27

86kg​​​​​​​ – Ali Takaloo (IRI) beat Mohammed Al Qahtani (KSA) RSC round 1; Emil Umayev (KAZ) beat Ahmad Bahman (UAE) TKO round

Destroyer

Director: Karyn Kusama

Cast: Nicole Kidman, Toby Kebbell, Sebastian Stan

Rating: 3/5 

UAE release: January 31 

Defined benefit and defined contribution schemes explained

Defined Benefit Plan (DB)

A defined benefit plan is where the benefit is defined by a formula, typically length of service to and salary at date of leaving.

Defined Contribution Plan (DC) 

A defined contribution plan is where the benefit depends on the amount of money put into the plan for an employee, and how much investment return is earned on those contributions.

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3C%2Fstrong%3E%3A%20ASI%20(formerly%20DigestAI)%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202017%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Quddus%20Pativada%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%2C%20UAE%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Artificial%20intelligence%2C%20education%20technology%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20%243%20million-plus%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20GSV%20Ventures%2C%20Character%2C%20Mark%20Cuban%3C%2Fp%3E%0A
Company Profile

Name: JustClean

Based: Kuwait with offices in other GCC countries

Launch year: 2016

Number of employees: 130

Sector: online laundry service

Funding: $12.9m from Kuwait-based Faith Capital Holding

How to donate

Send “thenational” to the following numbers or call the hotline on: 0502955999
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Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

Company%20Profile
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The%20Kitchen
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Genesis G80 2020 5.0-litre Royal Specs

Engine: 5-litre V8

Gearbox: eight-speed automatic

Power: 420hp

Torque: 505Nm

Fuel economy, combined: 12.4L/100km

Price: Dh260,500

Know your Camel lingo

The bairaq is a competition for the best herd of 50 camels, named for the banner its winner takes home

Namoos - a word of congratulations reserved for falconry competitions, camel races and camel pageants. It best translates as 'the pride of victory' - and for competitors, it is priceless

Asayel camels - sleek, short-haired hound-like racers

Majahim - chocolate-brown camels that can grow to weigh two tonnes. They were only valued for milk until camel pageantry took off in the 1990s

Millions Street - the thoroughfare where camels are led and where white 4x4s throng throughout the festival