Abdel Fattah Al Sisi, President of Egypt, speaks in his pre-recorded message to the United Nations General Assembly. UNTV/AP
Abdel Fattah Al Sisi, President of Egypt, speaks in his pre-recorded message to the United Nations General Assembly. UNTV/AP
Abdel Fattah Al Sisi, President of Egypt, speaks in his pre-recorded message to the United Nations General Assembly. UNTV/AP
Abdel Fattah Al Sisi, President of Egypt, speaks in his pre-recorded message to the United Nations General Assembly. UNTV/AP

UNGA 2020: Egypt's Abdel Fattah El Sisi hits out at state supporters of terrorism


  • English
  • Arabic

Egyptian President Abdel Fattah El Sisi has used his UN General Assembly address to speak out against state supporters of terrorism in the Middle East.

In a recorded video message to the online summit, the Egyptian President repeated Cairo’s “red lines” in Libya after renewed Turkish interference in the country, which has been widely condemned by the international community.

Mr El Sisi also called for an end to the destabilisation of Syria and the use of Yemen as a “launch pad” for attacks against its neighbours.

“It is regrettable that the international community continues to turn a blind eye to a number of states that provide support to terrorists, whether by funds and weapons, or by providing a safe haven to them,” he said.

“They also facilitate the transfer of terrorist fighters to conflict zones, especially Libya and Syria."

  • Sheikh Abdullah bin Zayed, UAE Minister of Foreign Affairs and International Cooperation, speaks in a pre-recorded message which was played during the 75th session of the United Nations General Assembly. UNTV via AP
    Sheikh Abdullah bin Zayed, UAE Minister of Foreign Affairs and International Cooperation, speaks in a pre-recorded message which was played during the 75th session of the United Nations General Assembly. UNTV via AP
  • Pope Francis speaks during the United Nations General Assembly seen on a laptop computer in Hastings on the Hudson, New York, US. Bloomberg
    Pope Francis speaks during the United Nations General Assembly seen on a laptop computer in Hastings on the Hudson, New York, US. Bloomberg
  • A man watches the televised speech of Pakistan's Prime Minister Imran Khan. EPA
    A man watches the televised speech of Pakistan's Prime Minister Imran Khan. EPA
  • Scott Morrison, Australia's prime minister, speaks during the United Nations General Assembly. Bloomberg
    Scott Morrison, Australia's prime minister, speaks during the United Nations General Assembly. Bloomberg
  • US President Donald Trump (on screen), as he addresses the general debate of the seventy-fifth session of the United Nations General Assembly. AFP
    US President Donald Trump (on screen), as he addresses the general debate of the seventy-fifth session of the United Nations General Assembly. AFP
  • Russian President Vladimir Putin, speaks in a pre-recorded message which was played during the 75th session of the United Nations General Assembly. UNTV via AP
    Russian President Vladimir Putin, speaks in a pre-recorded message which was played during the 75th session of the United Nations General Assembly. UNTV via AP
  • Xi Jinping, China's president, speaks during the United Nations General Assembly seen on a laptop computer. Bloomberg
    Xi Jinping, China's president, speaks during the United Nations General Assembly seen on a laptop computer. Bloomberg
  • United States President Donald Trump speaks in a pre-recorded message which was played during the 75th session of the United Nations General Assembly. UNTV via AP
    United States President Donald Trump speaks in a pre-recorded message which was played during the 75th session of the United Nations General Assembly. UNTV via AP
  • A statue of former South African President Nelson Mandela is seen in the empty arrivals hall at United Nations headquarters during the 75th annual UN General Assembly high level debate. Reuters
    A statue of former South African President Nelson Mandela is seen in the empty arrivals hall at United Nations headquarters during the 75th annual UN General Assembly high level debate. Reuters
  • A UN police officer stands at an empty entrance at the United Nations. AFP
    A UN police officer stands at an empty entrance at the United Nations. AFP
  • Dian Triansyah Djani, left, permanent representative of Indonesia to the UN, takes a photo with Kairat Umarov, centre, permanent representative of Kazakhstan and Tijjani Muhammad-Bande former president of the General Assembly. UN via AP
    Dian Triansyah Djani, left, permanent representative of Indonesia to the UN, takes a photo with Kairat Umarov, centre, permanent representative of Kazakhstan and Tijjani Muhammad-Bande former president of the General Assembly. UN via AP
  • US President Donald Trump (on screen), as he addresses the general debate. AFP
    US President Donald Trump (on screen), as he addresses the general debate. AFP
  • President of the People's Republic of China, Xi Jinping (on screen), as he addresses the general debate. AFP
    President of the People's Republic of China, Xi Jinping (on screen), as he addresses the general debate. AFP
  • President of of Turkey, Recep Tayyip Erdogan (on screen), as he addresses the general debate. AFP
    President of of Turkey, Recep Tayyip Erdogan (on screen), as he addresses the general debate. AFP
  • Donald Trump, president of the United States, speaks in a pre-recorded message. UN via AP
    Donald Trump, president of the United States, speaks in a pre-recorded message. UN via AP
  • Recep Tayyip Erdogan, president of Turkey, speaks in a pre-recorded message which was played during the 75th session of the United Nations General Assembly. UNTV via AP
    Recep Tayyip Erdogan, president of Turkey, speaks in a pre-recorded message which was played during the 75th session of the United Nations General Assembly. UNTV via AP
  • Chinese President Xi Jinping appearing by video link at the United Nations 75th anniversary is seen on an outdoor screen as pedestrians walk past below in Beijing on September 22, 2020. AFP
    Chinese President Xi Jinping appearing by video link at the United Nations 75th anniversary is seen on an outdoor screen as pedestrians walk past below in Beijing on September 22, 2020. AFP
  • United Nations Secretary-General Antonio Guterres speaks during the 75th session of the United Nations General Assembly. UNTV Via AP
    United Nations Secretary-General Antonio Guterres speaks during the 75th session of the United Nations General Assembly. UNTV Via AP
  • Representatives of different countries listen to speakers during the 75th session of the United Nations General Assembly. UNTV via AP
    Representatives of different countries listen to speakers during the 75th session of the United Nations General Assembly. UNTV via AP
  • Brazilian President Jair Bolsonaro speaks in a pre-recorded message. UNTV via AP
    Brazilian President Jair Bolsonaro speaks in a pre-recorded message. UNTV via AP
  • United Nations General Assembly President Volkan Bozkir, of Turkey, speaks during the 75th session of the United Nations General Assembly. UNTV via AP
    United Nations General Assembly President Volkan Bozkir, of Turkey, speaks during the 75th session of the United Nations General Assembly. UNTV via AP
  • Brazilian President Jair Bolsonaro, top, speaks in a pre-recorded message being played during the 75th session of the United Nations General Assembly. UNTV via AP
    Brazilian President Jair Bolsonaro, top, speaks in a pre-recorded message being played during the 75th session of the United Nations General Assembly. UNTV via AP

Mr El Sisi did not mention Turkey by name but Cairo has become increasingly concerned by Ankara’s expansionism.

In June, Egypt said it would intervene in Libya if forces aligned with the Government of National Accord in Tripoli and backed by Turkey encroached on Sirte and nearby Al Jufra.

The UN has welcomed the Cairo declaration, a subsequent Egyptian initiative for a ceasefire in Libya.

“The ramifications of the ongoing crisis are not only confined to Libya but also spill over to effect security, neighbouring countries and international stability,” Mr El Sisi said.

“Egypt is bent on supporting Libyans to rid their country of armed militias and terrorist organisations, and put an end to the blatant interference of some regional parties that deliberately transported foreign fighters to Libya in an effort to fulfil their well-known greed and long-standing colonial illusions."

He also addressed the continuing deadlock in negotiations on Ethiopia's Nile Dam project.

The Grand Ethiopian Renaissance Dam has been a source of tension in the Nile River Basin ever since Addis Ababa broke ground on it in 2011.

Egypt fears the project could lead to water shortages and threatened to withdraw from the latest round of discussions.

Mr El Sisi said the Nile Dam was an “existential” issue for Cairo.

“The Nile River must not be monopolised by one state,” he said.

Mr El Sisi voiced frustration that talks between the Egypt, Ethiopia and Sundan, which have involved the US, African Union and World Bank, have not yet borne fruit.

He called for further effort from the international community on the issue.

“We have spent the better part of a decade in negotiations with our brothers in the Sudan and Ethiopia, through which our aim was to reach an agreement on the filling and operation of the dam,” Mr El Sisi said.

“The international community bears the responsibility to urge all parties to reach the desired agreement in a way that meets our mutual interests."

Emergency

Director: Kangana Ranaut

Stars: Kangana Ranaut, Anupam Kher, Shreyas Talpade, Milind Soman, Mahima Chaudhry 

Rating: 2/5

Paatal Lok season two

Directors: Avinash Arun, Prosit Roy 

Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong

Rating: 4.5/5

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

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)

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

Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

The%20Beekeeper
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EDavid%20Ayer%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%20%3C%2Fstrong%3EJason%20Statham%2C%20Josh%20Hutcherson%2C%20Emmy%20Raver-Lampman%2C%20Minnie%20Driver%2C%20Jeremy%20Irons%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E3%2F5%3C%2Fp%3E%0A