The UK pledged £160 million (Dh734.3m/US$587.7m) in aid for Yemen on Tuesday ahead of a virtual donor conference for the war-torn country.
The meeting, co-hosted for the first time by the UN and Saudi Arabia, aims to raise $2.4 billion (Dh8.8bn) to support aid operations in Yemen this year and help authorities to curb the spread of the coronavirus.
Aid agencies and international donors will raise awareness about Yemen’s humanitarian crisis and announce pledges to address the dire needs in the country.
Yemen has so far recorded 323 infections and 80 fatalities from coronavirus, but numbers are thought to be much higher because the rate of testing remains very low.
Nearly a quarter of Yemen’s districts have no doctors and only half of the country’s health facilities are functional, with 20 million people lacking any access to medical care.
Humanitarian groups assist more than 10 million Yemenis every month but without additional funds, life-saving programmes will be forced to reduce or close.
"This targeted UK aid package will mean the difference between life and death for thousands of Yemenis who now also face the threat of coronavirus," British Foreign Secretary Dominic Raab said.
"Our support will help ensure families can feed themselves and access clean water and medical care."
The event will be hosted by Saudi Arabia’s Foreign Minister, Prince Faisal bin Farhan, and Mark Lowcock, the UN's undersecretary general for humanitarian affairs.
UN Secretary General Antonio Guterres will address the opening ceremony.
Saudi Arabia has been one of the top donors for UN humanitarian aid operations in Yemen.
The Saudi ambassador to Yemen, Mohammed Al Jaber, said the kingdom would allocate $500m this year to support UN programmes, including $25m for a Covid-19 response plan.
Last week, Mr Lowcock said the UN received $3.2bn for Yemen after countries in the Gulf region, including Saudi Arabia and the UAE, stepped up.
Despite this, the organisation still fell short of its $4.2bn goal.
Mr Lowcock said he expected high-level representation at Tuesday's conference.
“Is the world ready simply to watch Yemen fall off the cliff?” he asked.
The international body had to shut down or reduce operations for almost 75 per cent of its programmes in Yemen due to the funding crisis.
UN agencies say 80 per cent of the population, or 24 million people, rely on aid to survive.
And Yemen's battered healthcare system is struggling to cope with the outbreak of coronavirus on top of diseases such as cholera.
"If we don't get the funding we need and if more isn't done to suppress the virus, Covid-19 could engulf Yemen," said the UN Humanitarian Co-ordinator for Yemen, Lise Grande.
Yemen’s internationally recognised government praised the UN and Saudi Arabia for their help.
"I reaffirm the government of Yemen’s profound gratitude and appreciation to all its international partners for helping to protect and save Yemeni people these past five turbulent years," said Yemen's ambassador to the US, Ahmed bin Mubarak.
"May this year’s pledging conference be followed by peace soon emerging in Yemen."
Mr bin Mubarak also urged the Houthi rebels to end their restrictions on the operations of international aid agencies and delivery of humanitarian goods to those in need.
Various aid agencies, including USAid, have warned the Houthis that they will suspend relief deliveries to areas under rebel control if they do not lift impediments to their operations.
Yemen’s civil war started when Houthi rebels backed by Iran captured the capital, Sanaa, in 2014.
The following year, a Saudi-led coalition intervened to battle the rebels at the request of the internationally recognised government.
The conflict is at a stalemate, with the rebels retaining control of much of northern Yemen, including Sanaa.
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KILLING OF QASSEM SULEIMANI
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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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Chef Nobu's advice for eating sushi
“One mistake people always make is adding extra wasabi. There is no need for this, because it should already be there between the rice and the fish.
“When eating nigiri, you must dip the fish – not the rice – in soy sauce, otherwise the rice will collapse. Also, don’t use too much soy sauce or it will make you thirsty. For sushi rolls, dip a little of the rice-covered roll lightly in soy sauce and eat in one bite.
“Chopsticks are acceptable, but really, I recommend using your fingers for sushi. Do use chopsticks for sashimi, though.
“The ginger should be eaten separately as a palette cleanser and used to clear the mouth when switching between different pieces of fish.”
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TRAP
Starring: Josh Hartnett, Saleka Shyamalan, Ariel Donaghue
Director: M Night Shyamalan
Rating: 3/5
Director: Laxman Utekar
Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna
Rating: 1/5
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