• Lebanese anti-government protesters carry placards and hold a torch as they gather in front of a statue, representing the torch of the revolution, to mark the first anniversary of the anti-government protests, near the Beirut port. EPA
    Lebanese anti-government protesters carry placards and hold a torch as they gather in front of a statue, representing the torch of the revolution, to mark the first anniversary of the anti-government protests, near the Beirut port. EPA
  • People wave Lebanese flags and chant to mark the first anniversary of anti-government protests in Beirut. Getty Images
    People wave Lebanese flags and chant to mark the first anniversary of anti-government protests in Beirut. Getty Images
  • People wave Lebanese flags and chant to mark the first anniversary of anti-government protests. Getty Images
    People wave Lebanese flags and chant to mark the first anniversary of anti-government protests. Getty Images
  • People walk past a "Hope" graffiti painted on a fenced off entrance of a hotel that was damaged by the August 4 seaport blast on the first anniversary of anti-government protests. Getty Images
    People walk past a "Hope" graffiti painted on a fenced off entrance of a hotel that was damaged by the August 4 seaport blast on the first anniversary of anti-government protests. Getty Images
  • People hold Lebanese flags and lit candles to mark the first anniversary of anti-government protests. Getty Images
    People hold Lebanese flags and lit candles to mark the first anniversary of anti-government protests. Getty Images
  • Lebanese army vehicles escort crowds walking over a bridge linking the city on the first anniversary of anti-government protests. Getty Images
    Lebanese army vehicles escort crowds walking over a bridge linking the city on the first anniversary of anti-government protests. Getty Images
  • People wave Lebanese flags and chant to mark the first anniversary of anti-government protests. Getty Images
    People wave Lebanese flags and chant to mark the first anniversary of anti-government protests. Getty Images
  • People wave Lebanese flags and chant to mark the first anniversary of anti-government protests. Getty Images
    People wave Lebanese flags and chant to mark the first anniversary of anti-government protests. Getty Images
  • People wave Lebanese flags and chant to mark the first anniversary of anti-government protests. Getty Images
    People wave Lebanese flags and chant to mark the first anniversary of anti-government protests. Getty Images
  • People hold Lebanese flags and lit candles to mark the first anniversary of anti-government protests. Getty Images
    People hold Lebanese flags and lit candles to mark the first anniversary of anti-government protests. Getty Images
  • Lebanese army vehicles escort crowds walking over a bridge linking the city on the first anniversary of anti-government protests. Getty Images
    Lebanese army vehicles escort crowds walking over a bridge linking the city on the first anniversary of anti-government protests. Getty Images
  • People wave Lebanese flags and chant to mark the first anniversary of anti-government protests. Getty Images
    People wave Lebanese flags and chant to mark the first anniversary of anti-government protests. Getty Images
  • People hold Lebanese flags and chant as they mark the first anniversary of anti-government protests. Getty Images
    People hold Lebanese flags and chant as they mark the first anniversary of anti-government protests. Getty Images
  • People wave Lebanese flags and chant to mark the first anniversary of anti-government protests with a background of the destroyed silos at Beirut port. Getty Images
    People wave Lebanese flags and chant to mark the first anniversary of anti-government protests with a background of the destroyed silos at Beirut port. Getty Images

'No one is happy’ on Lebanon's Independence Day


Sunniva Rose
  • English
  • Arabic

“Independence? What independence?” Tony Maalouleh scoffed when asked what he thought of Lebanon’s 77th anniversary of self-governance on Sunday.

Like many Lebanese, Mr Maalouleh said he had nothing to celebrate this year.

Lebanon has been hit by a long list of calamities in 2020: an economic crisis after decades of mismanagement, soaring unemployment and poverty, a political vacuum, and a devastating explosion that killed at least 190 people at Beirut’s port in August.

Walking beside her husband, Marianne Maalouleh lifted her arm to show a long pink scar that went from her armpit almost to her elbow.

She described how medical workers had put her on tissue paper on the floor while they stapled the wound shut.

“It was pandemonium. The hospital was devastated,” Ms Maalouleh said.

“You can forget wars. But this, you can’t,” said her husband, as he pulled out his phone to show a video of his home after the blast.

The floor of the apartment is covered with blood. His mother, 80, stares blankly ahead.

In the main street of the badly damaged neighbourhood of Mar Mikhael, close to the port, the trauma of the blast lingers.

You can forget wars. But this, you can't

Once full of lively restaurants and hip shops, it is now littered with building material, rubbish and haggard-looking elderly people asking for help.

“Look around us. The houses are empty. Everyone’s left,” said Mr Maalouleh, who had to borrow 15 million Lebanese pounds from his sister to fix his house and received no financial support from the government or NGOs.

That is $10,000 at the official, yet defunct, exchange rate, or $1,875 on the black-market, which has been used for the past year as a benchmark for everyday transactions since the local currency crashed.

Lebanon has been without a functioning government since August 11, when Prime Minister Hassan Diab resigned after the port explosion. His successor, prime minister-designate Saad Hariri, is struggling to form a new Cabinet.

Lebanon’s President Michel Aoun cancelled all Independence Day celebrations this year, including the traditional military parade, because of the coronavirus pandemic.

Many Lebanese feel helpless.

“We are dependent on our corrupt leaders and interference from other countries,” said opera singer Matteo El Khodr, 35m, as he walked home after a jog around Mar Mikhael.

“This is not true independence."

Lebanon’s religious groups historically received support from various foreign powers eager to consolidate their influence in the region.

French President Emmanuel Macron led international efforts to help Lebanon after the port explosion, but his demands for more transparency and accountability from the country’s political class yielded no results.

But no international aid will be unlocked without reform, he and the IMF said.

Politicians blame each other for resisting change but their accusations are vague, fuelling popular belief that all politicians support each other in a vast network of corruption.

Although widely welcomed as Lebanon’s last chance for economic recovery, France’s attempt to pressure Lebanese leaders is also viewed with suspicion.

“No one does a favour for nothing,” said Elias, 26, a banker. “They might give us money but they want our petrol."

He was referring to French oil giant Total, one of three international companies – one Russian, one Italian – that are exploring offshore oil and gas in Lebanese waters.

Although politicians regularly promise the Lebanese that offshore drilling will bring in quick cash to the suffering economy, experts say that even if found, hydrocarbons could take years to be exploited commercially.

Elias was cycling in Mar Mikhael with friends. They stopped seeing each other at home for fear of exposing their parents to Covid-19.

The young men worry about their future and dream of emigrating.

“In the past year, 700 out of 2,500 people have been fired at my bank,” said Elias, who believes that he would also lose his job.

“Soon, government subsidies are going to be lifted and the price of 20 litres of gas-oil will reach 100,000 Lebanese pounds. That’s a 10th of my salary."

The central bank's governor has repeatedly warned that he will have to stop subsidising basic goods in the coming weeks. The bank is running out of money.

“Nobody is happy,” said Mohieddine, an accountant at a private hospital.

Another cyclist drove past them, laughing as he rode with no hands.

“Except for him – he’s probably emigrating next week,” Elias said. They all laughed.

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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Yuki Means Happiness
Alison Jean Lester
John Murray 

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

Scores in brief:

Day 1

New Zealand (1st innings) 153 all out (66.3 overs) - Williamson 63, Nicholls 28, Yasir 3-54, Haris 2-11, Abbas 2-13, Hasan 2-38

Pakistan (1st innings) 59-2 (23 overs)

The specs

Engine: 1.5-litre 4-cyl turbo

Power: 194hp at 5,600rpm

Torque: 275Nm from 2,000-4,000rpm

Transmission: 6-speed auto

Price: from Dh155,000

On sale: now

MATCH INFO

Uefa Champions League last 16, second leg
Liverpool (0) v Atletico Madrid (1)
Venue: Anfield
Kick-off: Thursday, March 12, midnight
Live: On beIN Sports HD

The biog

Favourite Emirati dish: Fish machboos

Favourite spice: Cumin

Family: mother, three sisters, three brothers and a two-year-old daughter

APPLE IPAD MINI (A17 PRO)

Display: 21cm Liquid Retina Display, 2266 x 1488, 326ppi, 500 nits

Chip: Apple A17 Pro, 6-core CPU, 5-core GPU, 16-core Neural Engine

Storage: 128/256/512GB

Main camera: 12MP wide, f/1.8, digital zoom up to 5x, Smart HDR 4

Front camera: 12MP ultra-wide, f/2.4, Smart HDR 4, full-HD @ 25/30/60fps

Biometrics: Touch ID, Face ID

Colours: Blue, purple, space grey, starlight

In the box: iPad mini, USB-C cable, 20W USB-C power adapter

Price: From Dh2,099

Fines for littering

In Dubai:

Dh200 for littering or spitting in the Dubai Metro

Dh500 for throwing cigarette butts or chewing gum on the floor, or littering from a vehicle. 
Dh1,000 for littering on a beach, spitting in public places, throwing a cigarette butt from a vehicle

In Sharjah and other emirates
Dh500 for littering - including cigarette butts and chewing gum - in public places and beaches in Sharjah
Dh2,000 for littering in Sharjah deserts
Dh500 for littering from a vehicle in Ras Al Khaimah
Dh1,000 for littering from a car in Abu Dhabi
Dh1,000 to Dh100,000 for dumping waste in residential or public areas in Al Ain
Dh10,000 for littering at Ajman's beaches 

My Cat Yugoslavia by Pajtim Statovci
Pushkin Press

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%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%20Dual%20synchronous%20electric%20motors%20%20%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E646hp%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E830Nm%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3ETwo-speed%20auto%20(rear%20axle)%3B%20single-speed%20auto%20(front)%20%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh552%2C311%3B%20Dh660%2C408%20(as%20tested)%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3Enow%3C%2Fp%3E%0A
Labour dispute

The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


- Abdullah Ishnaneh, Partner, BSA Law 

Normal People

Sally Rooney, Faber & Faber
 

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Our family matters legal consultant

Name: Hassan Mohsen Elhais

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

If you go

The flights
Etihad (etihad.com) flies from Abu Dhabi to Luang Prabang via Bangkok, with a return flight from Chiang Rai via Bangkok for about Dh3,000, including taxes. Emirates and Thai Airways cover the same route, also via Bangkok in both directions, from about Dh2,700.
The cruise
The Gypsy by Mekong Kingdoms has two cruising options: a three-night, four-day trip upstream cruise or a two-night, three-day downstream journey, from US$5,940 (Dh21,814), including meals, selected drinks, excursions and transfers.
The hotels
Accommodation is available in Luang Prabang at the Avani, from $290 (Dh1,065) per night, and at Anantara Golden Triangle Elephant Camp and Resort from $1,080 (Dh3,967) per night, including meals, an activity and transfers.

COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million