Newly appointed Foreign Secretary Liz Truss arrives at the Foreign, Commonwealth and Development Office on her first day at work. Reuters
Newly appointed Foreign Secretary Liz Truss arrives at the Foreign, Commonwealth and Development Office on her first day at work. Reuters
Newly appointed Foreign Secretary Liz Truss arrives at the Foreign, Commonwealth and Development Office on her first day at work. Reuters
Newly appointed Foreign Secretary Liz Truss arrives at the Foreign, Commonwealth and Development Office on her first day at work. Reuters

Liz Truss replaces Dominic Raab as UK Foreign Secretary in Cabinet reshuffle


Tim Stickings
  • English
  • Arabic

Liz Truss is the UK’s new Foreign Secretary after Dominic Raab lost his job in a Cabinet reshuffle by Prime Minister Boris Johnson.

The former International Trade Secretary was pictured arriving at the Foreign, Commonwealth and Development Office this morning for her first day in the post.

Mr Raab, 47, was appointed in 2019 and stood in for the prime minister when Mr Johnson was sick with Covid-19 last year.

But he was heavily criticised over his response to the fall of Afghanistan, which played out while he was on holiday in Greece.

He will move to the post of Justice Secretary and take on the title of Deputy Prime Minister, which had been vacant since 2015.

His justice role means he will also take on the ancient title of Lord Chancellor, but the move from the Foreign Office was widely seen as a demotion. He declined to comment as he left Mr Johnson’s Downing Street office.

Ms Truss, 46, will keep a separate brief as Minister for Women and Equalities alongside her foreign affairs role.

As trade minister, she has been the public face of Britain’s post-Brexit trade talks with countries such as the US and Canada.

The opposition Labour Party had called for Mr Raab’s sacking after it emerged he had delegated a phone call to Kabul in the hours before the Taliban takeover. The conversation ultimately never took place.

Mr Raab later said he would not have taken the holiday in hindsight but defended his handling of the crisis in Afghanistan.

He acknowledged that Britain, like other countries, had been caught out by the speed of the Taliban advance after Nato forces withdrew their troops.

His role as Justice Secretary will be his third separate brief in the Cabinet, after a spell as Brexit Secretary under former prime minister Theresa May.

Mr Raab stood for the Conservative leadership after Mrs May resigned, but was eliminated in the second round of voting.

The post of deputy prime minister has no formal responsibilities. It was last held by Nick Clegg during the Conservative-Liberal Democrat coalition from 2010 to 2015.

Following the reshuffle, the Prime Minister said it is time for ministers to "get on with the job".

He tweeted: "The Cabinet I have appointed today will work tirelessly to unite and level up the whole country.

"We will build back better from the pandemic and deliver on your priorities. Now let’s get on with the job."

New roles

In other replacements, Baghdad-born Nadhim Zahawi replaced Gavin Williamson as Education Secretary. In November last year, Mr Zahawi, 54, was asked to oversee the UK’s Covid-19 vaccination campaign.

Mr Williamson’s time in office was tainted by the chaos surrounding last year’s exams which saw the government make multiple U-turns in policy.

As the pandemic caused exams to be cancelled, England employed an algorithm to standardise grades for A-levels and GCSEs.

The system caused uproar among teenagers, their families and some teachers, with many complaining it had unfairly punished students.

Justine Greening, who was education secretary from 2016 to 1018, touched on Mr Williamson’s sacking in an interview with Sky News this morning.

She said since the pandemic rolled in “there were decisions made and mistakes made” by Mr Williamson which “very much led” to him being sacked.

She said the Prime Minister “needs to have someone with grip, vision and energy” in the post to “drive forward the education brief” because education is at the heart of his levelling up agenda.

Ms Greening added: “Clearly Boris Johnson sees this as a fresh period for his government, quite rightly, and he wants to have the right team in place to succeed.”

Defence Secretary Ben Wallace insisted Mr Johnson did not sack MPs from Cabinet because of their incompetence and said characterisations of Mr Williamson have been “unfair”.

He told BBC Breakfast: “He has removed people from Government not because they’re incompetent, not because they weren’t loyal enough et cetera, which are often the narratives you see, but often he has to refresh his team and move people out the way.”

Sir Michael Wilshaw, former head of Ofsted, said the top priority for Mr Zahawi as he enters office should be to address the inequality among students which has gotten “significantly worse” since the Covid pandemic hit.

Sir Michael told BBC Radio 4’s Today programme that Mr Williamson’s successor should “make sure that the disadvantaged do significantly better” in England’s education system.

Former Tory MP and attorney-general Dominic Grieve, 65, told Sky News this morning that he believed the Prime Minister reshuffled his Cabinet because it was “not functioning" but said there could be no noticeable difference unless he shifted his “chaotic” style of governance.

Conservative party co-chairwoman Amanda Milling was also removed, weeks before the annual Conservative party conference.

Michael Gove replaces Robert Jenrick at the Ministry of Housing, Communities and Local Government, while also taking on cross-government responsibility for Mr Johnson’s “levelling up” agenda to shift the balance of power between central and local government.

Nadine Dorries was made Culture Secretary replacing Oliver Dowden, who in turn replaces Ms Milling as co-chairman of the Conservatives, as well as holding the title of Minister without Portfolio.

There are also some non-movers in the Cabinet line-up.

Chancellor Rishi Sunak, Home Secretary Priti Patel, Health Secretary Sajid Javid, Transport Secretary Grant Shapps and Defence Secretary Ben Wallace are all staying in post, while Business Secretary Kwasi Kwarteng and Northern Ireland Secretary Brandon Lewis also retained their jobs.

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

WHAT%20IS%20THE%20LICENSING%20PROCESS%20FOR%20VARA%3F
%3Cp%3EVara%20will%20cater%20to%20three%20categories%20of%20companies%20in%20Dubai%20(except%20the%20DIFC)%3A%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECategory%20A%3A%3C%2Fstrong%3E%20Minimum%20viable%20product%20(MVP)%20applicants%20that%20are%20currently%20in%20the%20process%20of%20securing%20an%20MVP%20licence%3A%20This%20is%20a%20three-stage%20process%20starting%20with%20%5B1%5D%20a%20provisional%20permit%2C%20graduating%20to%20%5B2%5D%20preparatory%20licence%20and%20concluding%20with%20%5B3%5D%20operational%20licence.%20Applicants%20that%20are%20already%20in%20the%20MVP%20process%20will%20be%20advised%20by%20Vara%20to%20either%20continue%20within%20the%20MVP%20framework%20or%20be%20transitioned%20to%20the%20full%20market%20product%20licensing%20process.%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECategory%20B%3A%3C%2Fstrong%3E%20Existing%20legacy%20virtual%20asset%20service%20providers%20prior%20to%20February%207%2C%202023%2C%20which%20are%20required%20to%20come%20under%20Vara%20supervision.%20All%20operating%20service%20proviers%20in%20Dubai%20(excluding%20the%20DIFC)%20fall%20under%20Vara%E2%80%99s%20supervision.%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECategory%20C%3A%3C%2Fstrong%3E%20New%20applicants%20seeking%20a%20Vara%20licence%20or%20existing%20applicants%20adding%20new%20activities.%20All%20applicants%20that%20do%20not%20fall%20under%20Category%20A%20or%20B%20can%20begin%20the%20application%20process%20through%20their%20current%20or%20prospective%20commercial%20licensor%20%E2%80%94%20the%20DET%20or%20Free%20Zone%20Authority%20%E2%80%94%20or%20directly%20through%20Vara%20in%20the%20instance%20that%20they%20have%20yet%20to%20determine%20the%20commercial%20operating%20zone%20in%20Dubai.%C2%A0%3C%2Fp%3E%0A
The specs

Engine: 2.0-litre 4-cyl turbo

Power: 247hp at 6,500rpm

Torque: 370Nm from 1,500-3,500rpm

Transmission: 10-speed auto

Fuel consumption: 7.8L/100km

Price: from Dh94,900

On sale: now

In%20the%20Land%20of%20Saints%20and%20Sinners
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Tips to avoid getting scammed

1) Beware of cheques presented late on Thursday

2) Visit an RTA centre to change registration only after receiving payment

3) Be aware of people asking to test drive the car alone

4) Try not to close the sale at night

5) Don't be rushed into a sale 

6) Call 901 if you see any suspicious behaviour

UAE currency: the story behind the money in your pockets
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Robinhood

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Short seller

Selling a stock today in the belief its price will fall in the future

Short squeeze

Traders forced to buy a stock they are shorting 

Naked short

An illegal practice  

Infiniti QX80 specs

Engine: twin-turbocharged 3.5-liter V6

Power: 450hp

Torque: 700Nm

Price: From Dh450,000, Autograph model from Dh510,000

Available: Now

THE LOWDOWN

Photograph

Rating: 4/5

Produced by: Poetic License Motion Pictures; RSVP Movies

Director: Ritesh Batra

Cast: Nawazuddin Siddiqui, Sanya Malhotra, Farrukh Jaffar, Deepak Chauhan, Vijay Raaz

Company%C2%A0profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3Eamana%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2010%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Karim%20Farra%20and%20Ziad%20Aboujeb%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EUAE%3Cbr%3E%3Cstrong%3ERegulator%3A%20%3C%2Fstrong%3EDFSA%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinancial%20services%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%20%3C%2Fstrong%3E85%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3ESelf-funded%3Cbr%3E%3C%2Fp%3E%0A
COMPANY PROFILE

Company name: Blah

Started: 2018

Founder: Aliyah Al Abbar and Hend Al Marri

Based: Dubai

Industry: Technology and talent management

Initial investment: Dh20,000

Investors: Self-funded

Total customers: 40

TYPES%20OF%20ONLINE%20GIG%20WORK
%3Cp%3E%3Cstrong%3EDesign%2C%20multimedia%20and%20creative%20work%3A%20%3C%2Fstrong%3ELogo%20design%2C%20website%20design%2C%20visualisations%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBusiness%20and%20professional%20management%3A%20%3C%2Fstrong%3ELegal%20or%20management%20consulting%2C%20architecture%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBusiness%20and%20professional%20support%3A%20%3C%2Fstrong%3EResearch%20support%2C%20proofreading%2C%20bookkeeping%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ESales%20and%20marketing%20support%3A%20%3C%2Fstrong%3ESearch%20engine%20optimisation%2C%20social%20media%20marketing%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EData%20entry%2C%20administrative%2C%20and%20clerical%3A%20%3C%2Fstrong%3EData%20entry%20tasks%2C%20virtual%20assistants%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EIT%2C%20software%20development%20and%20tech%3A%20%3C%2Fstrong%3EData%20analyst%2C%20back-end%20or%20front-end%20developers%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EWriting%20and%20translation%3A%20%3C%2Fstrong%3EContent%20writing%2C%20ghost%20writing%2C%20translation%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EOnline%20microtasks%3A%20%3C%2Fstrong%3EImage%20tagging%2C%20surveys%3C%2Fp%3E%0A%3Cp%3E%3Cem%3ESource%3A%20World%20Bank%3C%2Fem%3E%3C%2Fp%3E%0A
Super%20Mario%20Bros%20Wonder
%3Cp%3E%3Cstrong%3EDeveloper%3A%20%3C%2Fstrong%3ENintendo%20EPD%3Cbr%3E%3Cstrong%3EPublisher%3A%20%3C%2Fstrong%3ENintendo%3Cbr%3E%3Cstrong%3EConsole%3A%20%3C%2Fstrong%3ENintendo%20Switch%3Cbr%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E4%2F5%3C%2Fp%3E%0A
The 12 Syrian entities delisted by UK 

Ministry of Interior
Ministry of Defence
General Intelligence Directorate
Air Force Intelligence Agency
Political Security Directorate
Syrian National Security Bureau
Military Intelligence Directorate
Army Supply Bureau
General Organisation of Radio and TV
Al Watan newspaper
Cham Press TV
Sama TV

MATCH INFO

Rugby World Cup (all times UAE)

Final: England v South Africa, Saturday, 1pm

Quick%20facts
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Veere di Wedding
Dir: Shashanka Ghosh
Starring: Kareena Kapoo-Khan, Sonam Kapoor, Swara Bhaskar and Shikha Talsania ​​​​​​​
Verdict: 4 Stars

Film: In Syria
Dir: Philippe Van Leeuw
Starring: Hiam Abbass, Diamand Bo Abboud, Mohsen Abbas and Juliette Navis
Verdict: Four stars

ARGYLLE
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LA LIGA FIXTURES

Thursday (All UAE kick-off times)

Sevilla v Real Betis (midnight)

Friday

Granada v Real Betis (9.30pm)

Valencia v Levante (midnight)

Saturday

Espanyol v Alaves (4pm)

Celta Vigo v Villarreal (7pm)

Leganes v Real Valladolid (9.30pm)

Mallorca v Barcelona (midnight)

Sunday

Atletic Bilbao v Atletico Madrid (4pm)

Real Madrid v Eibar (9.30pm)

Real Sociedad v Osasuna (midnight)

Updated: September 16, 2021, 3:25 PM