Trump Heights: Israel approves plan for occupied Golan settlement named after US president


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The Israeli government has approved plans to build a new settlement in the Israeli-occupied Golan Heights named after President Donald Trump, a minister confirmed on Sunday.

Settlements Minister Tzipi Hotovely wrote on Facebook that her ministry will start preparations for Ramat Trump – Hebrew for “Trump Heights” – to house 300 families.

Israel captured the Golan Heights from Syria in the 1967 Arab-Israeli war and annexed it in 1981. Most of the international community considers the move, and Israeli settlements in the territory, illegal under international law.

But Mr Trump signed an executive order recognising the strategic mountainous plateau as Israeli territory in March 2019. The move came during a visit to Washington by Israeli Prime Minister Benjamin Netanyahu just weeks before Israeli elections.

The Israeli government’s approval of the plan, which according to Israeli media will involve earmarking 8 million shekels (Dh8.42m) for developing the town, advances a project announced by Mr Netanyahu last year with great pomp and fanfare. Sunday’s announcement coincided with Trump’s birthday, although it was unclear if it was connected.

Last June, Mr Netanyahu convened his Cabinet in the small hamlet of Qela for a vote on rebranding the community as a gesture of appreciation for the president’s recognition of Israeli sovereignty over the Golan Heights.

Mr Trump is "a very great friend of Israel who has taken a decision that has never before been taken", he said on unveiling the plan.

The small town of Qela is home to under 300 people. Its original neighbourhood of Bruchim, which will be rebranded as Trump Heights, is home to less than a dozen.

At a Cabinet meeting on Sunday, Mr Netanyahu said Israel would “begin practical steps in establishing the community of Ramat Trump on the Golan Heights, Israel’s sovereignty over which was recognised by President Trump.”

About 23,000 Druze – an Arab minority also present in Syria and Lebanon – live in the occupied and annexed portion of the Golan, while 25,000 Israeli settlers have arrived there since 1967.

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Israelis protest against Netanyahu's annexation plan

  • People wearing face masks protest against Israeli Prime Minister Benjamin Netanyahu's plan to annex parts of the Israeli-occupied West Bank, in Tel Aviv, Israel, on June 6, 2020. Reuters
    People wearing face masks protest against Israeli Prime Minister Benjamin Netanyahu's plan to annex parts of the Israeli-occupied West Bank, in Tel Aviv, Israel, on June 6, 2020. Reuters
  • People wearing face masks protest against Israeli Prime Minister Benjamin Netanyahu's plan to annex parts of the Israeli-occupied West Bank, in Tel Aviv, Israel, on June 6, 2020. Reuters
    People wearing face masks protest against Israeli Prime Minister Benjamin Netanyahu's plan to annex parts of the Israeli-occupied West Bank, in Tel Aviv, Israel, on June 6, 2020. Reuters
  • Protesters gather in Tel Aviv's Rabin Square on June 6, 2020, to denounce Israel's plan to annex parts of the occupied West Bank. AFP
    Protesters gather in Tel Aviv's Rabin Square on June 6, 2020, to denounce Israel's plan to annex parts of the occupied West Bank. AFP
  • A woman holds up a sign with the Palestinian flag, a Black Power fist and the slogan 'Resist Apartheid' as Jewish and Arab Israelis protest against US President Donald Trump's 'peace plan' for the Middle East as they march in Tel Aviv, Israel, in June 2020. EPA
    A woman holds up a sign with the Palestinian flag, a Black Power fist and the slogan 'Resist Apartheid' as Jewish and Arab Israelis protest against US President Donald Trump's 'peace plan' for the Middle East as they march in Tel Aviv, Israel, in June 2020. EPA
  • Protesters gather in Tel Aviv's Rabin Square on June 6, 2020, to denounce Israel's plan to annex parts of the occupied West Bank. Israeli Prime Minister Benjamin Netanyahu has vowed to forge ahead with annexing settlements and the Jordan Valley, in line with the peace proposals unveiled by US President Donald Trump. AFP
    Protesters gather in Tel Aviv's Rabin Square on June 6, 2020, to denounce Israel's plan to annex parts of the occupied West Bank. Israeli Prime Minister Benjamin Netanyahu has vowed to forge ahead with annexing settlements and the Jordan Valley, in line with the peace proposals unveiled by US President Donald Trump. AFP
  • Protesters gather in Tel Aviv's Rabin Square on June 6, 2020, to denounce Israel's move to annex parts of the occupied West Bank amid Prime Minister Benjamin Netanyahu's vow to forge ahead with US President Donald Trump's Middle East peace plan. AFP
    Protesters gather in Tel Aviv's Rabin Square on June 6, 2020, to denounce Israel's move to annex parts of the occupied West Bank amid Prime Minister Benjamin Netanyahu's vow to forge ahead with US President Donald Trump's Middle East peace plan. AFP
  • Protesters gather in Tel Aviv's Rabin Square on June 6, 2020, to denounce Israel's plan to annex parts of the occupied West Bank. Israeli Prime Minister Benjamin Netanyahu has vowed to forge ahead with President Donald Trump's Middle East peace plan. AFP
    Protesters gather in Tel Aviv's Rabin Square on June 6, 2020, to denounce Israel's plan to annex parts of the occupied West Bank. Israeli Prime Minister Benjamin Netanyahu has vowed to forge ahead with President Donald Trump's Middle East peace plan. AFP
  • Protesters gather in Tel Aviv's Rabin Square on June 6, 2020, to denounce Israel's plan to annex parts of the occupied West Bank. AFP
    Protesters gather in Tel Aviv's Rabin Square on June 6, 2020, to denounce Israel's plan to annex parts of the occupied West Bank. AFP
  • Protesters gather in Tel Aviv's Rabin Square on June 6, 2020, to denounce Israel's plan to annex parts of the occupied West Bank. AFP
    Protesters gather in Tel Aviv's Rabin Square on June 6, 2020, to denounce Israel's plan to annex parts of the occupied West Bank. AFP
  • Protesters gather in Tel Aviv's Rabin Square on June 6, 2020, to denounce Israel's plan to annex parts of the occupied West Bank amid Israeli Prime Minister Benjamin Netanyahu's pledge to forge ahead with the illegal move. AFP
    Protesters gather in Tel Aviv's Rabin Square on June 6, 2020, to denounce Israel's plan to annex parts of the occupied West Bank amid Israeli Prime Minister Benjamin Netanyahu's pledge to forge ahead with the illegal move. AFP
  • Jewish and Arab Israelis protest against US President Donald Trump's 'peace plan' for the Middle East conflict as they march in Tel Aviv, Israel, on June 6, 2020. EPA
    Jewish and Arab Israelis protest against US President Donald Trump's 'peace plan' for the Middle East conflict as they march in Tel Aviv, Israel, on June 6, 2020. EPA
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Match info

Manchester City 3 (Jesus 22', 50', Sterling 69')
Everton 1 (Calvert-Lewin 65')

The biog

Favourite book: Men are from Mars Women are from Venus

Favourite travel destination: Ooty, a hill station in South India

Hobbies: Cooking. Biryani, pepper crab are her signature dishes

Favourite place in UAE: Marjan Island

Mina Cup winners

Under 12 – Minerva Academy

Under 14 – Unam Pumas

Under 16 – Fursan Hispania

Under 18 – Madenat

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

How England have scored their set-piece goals in Russia

Three Penalties

v Panama, Group Stage (Harry Kane)

v Panama, Group Stage (Kane)

v Colombia, Last 16 (Kane)

Four Corners

v Tunisia, Group Stage (Kane, via John Stones header, from Ashley Young corner)

v Tunisia, Group Stage (Kane, via Harry Maguire header, from Kieran Trippier corner)

v Panama, Group Stage (Stones, header, from Trippier corner)

v Sweden, Quarter-Final (Maguire, header, from Young corner)

One Free-Kick

v Panama, Group Stage (Stones, via Jordan Henderson, Kane header, and Raheem Sterling, from Tripper free-kick)

UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

FIXTURES

All times UAE ( 4 GMT)

Friday
Saint-Etienne v Montpellier (10.45pm)

Saturday
Monaco v Caen (7pm)
Amiens v Bordeaux (10pm)
Angers v Toulouse (10pm)
Metz v Dijon (10pm)
Nantes v Guingamp (10pm)
Rennes v Lille (10pm)

Sunday
Nice v Strasbourg (5pm)
Troyes v Lyon (7pm)
Marseille v Paris Saint-Germain (11pm)

The language of diplomacy in 1853

Treaty of Peace in Perpetuity Agreed Upon by the Chiefs of the Arabian Coast on Behalf of Themselves, Their Heirs and Successors Under the Mediation of the Resident of the Persian Gulf, 1853
(This treaty gave the region the name “Trucial States”.)


We, whose seals are hereunto affixed, Sheikh Sultan bin Suggar, Chief of Rassool-Kheimah, Sheikh Saeed bin Tahnoon, Chief of Aboo Dhebbee, Sheikh Saeed bin Buyte, Chief of Debay, Sheikh Hamid bin Rashed, Chief of Ejman, Sheikh Abdoola bin Rashed, Chief of Umm-ool-Keiweyn, having experienced for a series of years the benefits and advantages resulting from a maritime truce contracted amongst ourselves under the mediation of the Resident in the Persian Gulf and renewed from time to time up to the present period, and being fully impressed, therefore, with a sense of evil consequence formerly arising, from the prosecution of our feuds at sea, whereby our subjects and dependants were prevented from carrying on the pearl fishery in security, and were exposed to interruption and molestation when passing on their lawful occasions, accordingly, we, as aforesaid have determined, for ourselves, our heirs and successors, to conclude together a lasting and inviolable peace from this time forth in perpetuity.

Taken from Britain and Saudi Arabia, 1925-1939: the Imperial Oasis, by Clive Leatherdale

Try out the test yourself

Q1 Suppose you had $100 in a savings account and the interest rate was 2 per cent per year. After five years, how much do you think you would have in the account if you left the money to grow?
a) More than $102
b) Exactly $102
c) Less than $102
d) Do not know
e) Refuse to answer

Q2 Imagine that the interest rate on your savings account was 1 per cent per year and inflation was 2 per cent per year. After one year, how much would you be able to buy with the money in this account?
a) More than today
b) Exactly the same as today
c) Less than today
d) Do not know
e) Refuse to answer

Q4 Do you think that the following statement is true or false? “Buying a single company stock usually provides a safer return than a stock mutual fund.”
a) True
b) False
d) Do not know
e) Refuse to answer

The “Big Three” financial literacy questions were created by Professors Annamaria Lusardi of the George Washington School of Business and Olivia Mitchell, of the Wharton School of the University of Pennsylvania. 

Answers: Q1 More than $102 (compound interest). Q2 Less than today (inflation). Q3 False (diversification).