• Jedrick Basutista, 5, left, and Janelle Cabrillos, 7, play in the snow along Table Mountain Road in Wrightwood, California. All photos: Getty Images
    Jedrick Basutista, 5, left, and Janelle Cabrillos, 7, play in the snow along Table Mountain Road in Wrightwood, California. All photos: Getty Images
  • Pinecrest Lake in the Sierra Nevada mountains is surrounded by snow from recent storms and there is a chance of more, according to the National Weather Service. Photo: Shutterstock
    Pinecrest Lake in the Sierra Nevada mountains is surrounded by snow from recent storms and there is a chance of more, according to the National Weather Service. Photo: Shutterstock
  • John Dedman, left, and wife Colette Dedman came from Victorville to enjoy the views of snow- covered mountains along Highway 2 near Inspiration Point.
    John Dedman, left, and wife Colette Dedman came from Victorville to enjoy the views of snow- covered mountains along Highway 2 near Inspiration Point.
  • John Dedman enjoys the view of snow-covered mountains along Highway 2 near Inspiration Point in Wrightwood, California.
    John Dedman enjoys the view of snow-covered mountains along Highway 2 near Inspiration Point in Wrightwood, California.
  • Jane Cabrillos, left, her 7-year-old daughter Janelle Cabrillos and nephew Jedrick Bautista, 5, play in the snow along Table Mountain Road.
    Jane Cabrillos, left, her 7-year-old daughter Janelle Cabrillos and nephew Jedrick Bautista, 5, play in the snow along Table Mountain Road.
  • Adelina Zylker goes for a hike in snow along Table Mountain Road.
    Adelina Zylker goes for a hike in snow along Table Mountain Road.
  • Families walk down to Pinecrest Lake in the Sierra Nevada mountains to play in the fresh snow surrounding the lake. Photo: Shutterstock
    Families walk down to Pinecrest Lake in the Sierra Nevada mountains to play in the fresh snow surrounding the lake. Photo: Shutterstock

Schools and offices closed in north-east US as snowstorm delays commutes


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A winter storm that has already left areas of the southern US with more than 15 centimetres of snow moved into the Northeast on Friday during the morning commute and prompted many school districts to close for the day, while over on the West Coast more snow was forecast in the drought-hit region.

Massachusetts Governor Charlie Baker urged people to stay off the roads and take public transportation if possible, as the storm was forecast to drop as much as 30cm of snow in coastal areas of the state.

In New York, the first winter storm of the season was set to taper off by mid-morning after about 10cm had fallen in New York City. More snow was set to drift across the surrounding region, said Bill Goodman, a National Weather Service meteorologist.

A worker clears snow in Times Square in Manhattan on Friday. Reuters
A worker clears snow in Times Square in Manhattan on Friday. Reuters

A similar amount of snow fell in parts of Washington, which was hit by another storm earlier this week, while in Boston, where schools have been cancelled, heavy snow was set to continue throughout the afternoon.

Government offices in Washington were closed, according to the Office of Personnel Management’s website.

The storm was moving up the mid-Atlantic coast, where it had already contributed to 2,199 flights being cancelled across the US, according to FlightAware, an airline tracking service. More than 1,100 of those were from airports in Washington, New York and Boston.

Although New York roads were mostly empty of cars as the snow fell on Friday morning, officials said the main thoroughfares were cleared for commutes and for kids to go to school. Still, a number of subway lines were experiencing delays, and the Staten Island Railway and Metro North were switched to special schedules.

During a morning press briefing, New York Mayor Eric Adams urged parents to send their kids to school despite “the criticism from those who think differently.”

Meanwhile on the West Coast, Northern California was expecting more snow on Friday, after receiving record snowfall in some areas in December.

A series of Pacific storms have piled up snow in the Sierra Nevada mountains and brought heavy rains across lower parts of northern California since October.

The Central Sierra Snow Laboratory recorded nearly 5.2 metres of snow last month. Scientists say it is the snowiest December on record.

The heavy snow and rains have eased the severe drought in the western US state.

In mid-December, about 80 per cent of the state was in extreme or exceptional drought conditions; by the end of the month only about a third was experiencing those conditions, according to the US Drought Monitor.

As of January 4, 99.3 per cent of California was classified to be in drought, the monitor said – marking the first time the state has fallen below 100 per cent drought conditions since May.

However, nine of California’s 12 largest reservoirs are still below normal levels for this time of year, according to the state’s Department of Water Resources.

 

 

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AI traffic lights to ease congestion at seven points to Sheikh Zayed bin Sultan Street

The seven points are:

Shakhbout bin Sultan Street

Dhafeer Street

Hadbat Al Ghubainah Street (outbound)

Salama bint Butti Street

Al Dhafra Street

Rabdan Street

Umm Yifina Street exit (inbound)

COMPANY%20PROFILE
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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

Two-step truce

The UN-brokered ceasefire deal for Hodeidah will be implemented in two stages, with the first to be completed before the New Year begins, according to the Arab Coalition supporting the Yemeni government.

By midnight on December 31, the Houthi rebels will have to withdraw from the ports of Hodeidah, Ras Issa and Al Saqef, coalition officials told The National. 

The second stage will be the complete withdrawal of all pro-government forces and rebels from Hodeidah city, to be completed by midnight on January 7.

The process is to be overseen by a Redeployment Co-ordination Committee (RCC) comprising UN monitors and representatives of the government and the rebels.

The agreement also calls the deployment of UN-supervised neutral forces in the city and the establishment of humanitarian corridors to ensure distribution of aid across the country.

What are the influencer academy modules?
  1. Mastery of audio-visual content creation. 
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Barbie
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Fixtures

Wednesday

4.15pm: Japan v Spain (Group A)

5.30pm: UAE v Italy (Group A)

6.45pm: Russia v Mexico (Group B)

8pm: Iran v Egypt (Group B)

Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

Updated: January 07, 2022, 2:41 PM