Liz Truss said Russian invasion has 'huge ramifications for global peace, prosperity and food security'. PA
Liz Truss said Russian invasion has 'huge ramifications for global peace, prosperity and food security'. PA
Liz Truss said Russian invasion has 'huge ramifications for global peace, prosperity and food security'. PA
Liz Truss said Russian invasion has 'huge ramifications for global peace, prosperity and food security'. PA

Liz Truss reaffirms UK support for 'brave' Ukraine


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UK Foreign Secretary Liz Truss has reaffirmed Britain's support for Ukraine, saying Russia's “unjustified and illegal” invasion threatens world peace and economic stability.

In a statement marking the 100th day of the war, Ms Truss said the UK remained determined that President Vladimir Putin's offensive should not succeed.

“He expected the invasion to be over in days but significantly underestimated the resolve of brave Ukrainians who have valiantly defended their country,” she said.

“Putin's invasion has brought death and destruction on a scale not seen in Europe since World War II. This war has huge ramifications for global peace, prosperity and food security. It matters to us all.

“Today is a moment to pay our respects to the thousands of innocent civilians murdered since the invasion and reaffirm our steadfast support for Ukraine's heroic defence to ensure they succeed and Putin fails.”

Earlier, the Ministry of Defence assessed that Russia now controlled 90 per cent of the Luhansk oblast in the eastern Donbas region and looked set to gain complete control in the next two weeks.

In its latest intelligence assessment, the ministry said that while Moscow had made limited “tactical successes”, its wider military campaign remained stalled.

“Russia has achieved these recent tactical successes at significant resource cost, and by concentrating force and fires on a single part of the overall campaign,” it said.

“Russia has not been able to generate manoeuvre or movement on other fronts or axes, all of which have transitioned to the defensive.

“Measured against Russia's original plan, none of the strategic objectives have been achieved.

“For Russia to achieve any form of success, [it] will require continued huge investment of manpower and equipment, and is likely to take considerable further time.”

100 days conflict in Ukraine — in pictures

  • Russian President Vladimir Putin signs documents, including a decree recognising two Russian-backed breakaway regions in eastern Ukraine as independent, during a ceremony at the Kremlin in Moscow. President Vladimir Putin said on February 21, 2022, he would make a decision "today" on recognising the independence of east Ukraine's rebel republics, after Russia's top officials made impassioned speeches in favour of the move. AFP
    Russian President Vladimir Putin signs documents, including a decree recognising two Russian-backed breakaway regions in eastern Ukraine as independent, during a ceremony at the Kremlin in Moscow. President Vladimir Putin said on February 21, 2022, he would make a decision "today" on recognising the independence of east Ukraine's rebel republics, after Russia's top officials made impassioned speeches in favour of the move. AFP
  • Ukraine President Volodymyr Zelenskyy pictured on February 22 after Russia ordered troops into two Moscow-backed rebel regions of Ukraine. AFP
    Ukraine President Volodymyr Zelenskyy pictured on February 22 after Russia ordered troops into two Moscow-backed rebel regions of Ukraine. AFP
  • Russian military equipment crosses the Crimea border checkpoint. AFP
    Russian military equipment crosses the Crimea border checkpoint. AFP
  • People use a subway station as a bomb shelter in Kharkiv, Ukraine. EPA
    People use a subway station as a bomb shelter in Kharkiv, Ukraine. EPA
  • A traffic jam in Kyiv on February 24. Russian troops entered Ukraine while President Zelenskyy addressed the nation to announce the imposition of martial law. EPA
    A traffic jam in Kyiv on February 24. Russian troops entered Ukraine while President Zelenskyy addressed the nation to announce the imposition of martial law. EPA
  • Emergency services tend to an injured man after bombings hit the town of Chuguiv, Ukraine. AFP
    Emergency services tend to an injured man after bombings hit the town of Chuguiv, Ukraine. AFP
  • Firefighters tend to a fire after bombings in Chuguiv on February 24. AFP
    Firefighters tend to a fire after bombings in Chuguiv on February 24. AFP
  • Protesters show support for Ukraine in Times Square, New York, on February 24. EPA
    Protesters show support for Ukraine in Times Square, New York, on February 24. EPA
  • Ukrainian National Guard servicemen take their positions in central Kyiv on February 25. Reuters
    Ukrainian National Guard servicemen take their positions in central Kyiv on February 25. Reuters
  • Helena and her brother Bodia from Lviv at the Medyka pedestrian border crossing in eastern Poland on February 26. AFP
    Helena and her brother Bodia from Lviv at the Medyka pedestrian border crossing in eastern Poland on February 26. AFP
  • People desperate to leave Ukraine try to board a train at the railway station in Lviv on February 27. Oliver Marsden for The National
    People desperate to leave Ukraine try to board a train at the railway station in Lviv on February 27. Oliver Marsden for The National
  • Svyatoslav Yurash, 26, a lawmaker from Zelenskyy's Servant of the People party, poses with his assault rifle as he patrols downtown Kyiv on February 27. AFP
    Svyatoslav Yurash, 26, a lawmaker from Zelenskyy's Servant of the People party, poses with his assault rifle as he patrols downtown Kyiv on February 27. AFP
  • Mark Goncharuk, a young boy from Kyiv, leaves his father behind as he travels with the rest of his family towards the border on February 27. Reuters
    Mark Goncharuk, a young boy from Kyiv, leaves his father behind as he travels with the rest of his family towards the border on February 27. Reuters
  • A pro-Russian militia serviceman in the Luhansk region, Ukraine, on February 27. Reuters
    A pro-Russian militia serviceman in the Luhansk region, Ukraine, on February 27. Reuters
  • A Ukrainian serviceman and his dog look at smoke from a burned petroleum storage depot after a Russian missile attack near Kiev on February 27. EPA
    A Ukrainian serviceman and his dog look at smoke from a burned petroleum storage depot after a Russian missile attack near Kiev on February 27. EPA
  • Children with cancer are evacuated to the basement of the oncology centre used as a bomb shelter in Kyiv on February 28. AFP
    Children with cancer are evacuated to the basement of the oncology centre used as a bomb shelter in Kyiv on February 28. AFP
  • A woman in Kyiv looks at empty supermarket shelves after the curfew was lifted on February 28. Reuters
    A woman in Kyiv looks at empty supermarket shelves after the curfew was lifted on February 28. Reuters
  • People in support of Ukraine hold an anti-war protest outside the Russian Embassy in Mexico City on February 28. Reuters
    People in support of Ukraine hold an anti-war protest outside the Russian Embassy in Mexico City on February 28. Reuters
  • Ukrainian President Zelenskyy in Kyiv on March 1. Reuters
    Ukrainian President Zelenskyy in Kyiv on March 1. Reuters
  • Destroyed military vehicles in the town of Bucha, Ukraine, on March 1. Reuters
    Destroyed military vehicles in the town of Bucha, Ukraine, on March 1. Reuters
  • Members of a Ukrainian civil defence unit pass new assault rifles to the opposite side of a blown up bridge on Kyiv's northern front on March 1. AFP
    Members of a Ukrainian civil defence unit pass new assault rifles to the opposite side of a blown up bridge on Kyiv's northern front on March 1. AFP
  • Kirilo Trantin comforts an elephant at Kiev Zoo on March 1. AP
    Kirilo Trantin comforts an elephant at Kiev Zoo on March 1. AP
  • Stanislav says goodbye to his two-year-old son David and wife Anna after they boarded a train that will take them to Lviv, on March 3. AP
    Stanislav says goodbye to his two-year-old son David and wife Anna after they boarded a train that will take them to Lviv, on March 3. AP
  • People take cover on the floor of a hospital during shelling by Russian forces in Mariupol, Ukraine, on March 4. AP
    People take cover on the floor of a hospital during shelling by Russian forces in Mariupol, Ukraine, on March 4. AP
  • A flare lands at the Zaporizhzhia nuclear power plant in Ukraine during shelling on March 4. EPA
    A flare lands at the Zaporizhzhia nuclear power plant in Ukraine during shelling on March 4. EPA
  • Messages are posted by visitors on a board in support of Ukraine, inside the Ukrainian pavilion at Expo 2020 Dubai on March 4. AFP
    Messages are posted by visitors on a board in support of Ukraine, inside the Ukrainian pavilion at Expo 2020 Dubai on March 4. AFP
  • Ukrainians try to flee the country by crossing the Irpin River on the outskirts of Kyiv on March 5. AP
    Ukrainians try to flee the country by crossing the Irpin River on the outskirts of Kyiv on March 5. AP
  • Ukrainian territorial defence fighters Valeriy, right, and Lesya during their wedding ceremony near Kyiv on March 6. EPA
    Ukrainian territorial defence fighters Valeriy, right, and Lesya during their wedding ceremony near Kyiv on March 6. EPA
  • Russian policemen detain a participant in an unauthorised rally against the Russian special operation in Ukraine, in Saint Petersburg, Russia, on March 6. EPA
    Russian policemen detain a participant in an unauthorised rally against the Russian special operation in Ukraine, in Saint Petersburg, Russia, on March 6. EPA
  • US President Joe Biden announces a ban on US imports of Russian oil and gas on March 8. AFP
    US President Joe Biden announces a ban on US imports of Russian oil and gas on March 8. AFP
  • Russian President Vladimir Putin attends a videoconference meeting with government members at the Kremlin in Moscow, Russia, on March 10. EPA
    Russian President Vladimir Putin attends a videoconference meeting with government members at the Kremlin in Moscow, Russia, on March 10. EPA
  • Russian Foreign Minister Sergei Lavrov, right, and Ukranian Foreign Minister Dmytro Kuleba before their meeting during the Antalya Diplomacy Forum in Antalya, Turkey, on March 10. EPA
    Russian Foreign Minister Sergei Lavrov, right, and Ukranian Foreign Minister Dmytro Kuleba before their meeting during the Antalya Diplomacy Forum in Antalya, Turkey, on March 10. EPA
  • An explosion tears a hole in the side of an apartment building after a Russian tank fired a rocket in Mariupol on March 11. AP Photo
    An explosion tears a hole in the side of an apartment building after a Russian tank fired a rocket in Mariupol on March 11. AP Photo
  • Yana Hladiychuk of Ukraine UKR looks on with a 'Stop War' message on her face after the women's pole vault on day two of the World Athletics Indoor Championships Belgrade 2022 on March 19. Getty Images
    Yana Hladiychuk of Ukraine UKR looks on with a 'Stop War' message on her face after the women's pole vault on day two of the World Athletics Indoor Championships Belgrade 2022 on March 19. Getty Images
  • In this picture taken on March 18, 109 empty prams and baby baskets are seen outside the Lviv city council during an action to highlight the number of children killed in Russia's invasion of Ukraine. AFP
    In this picture taken on March 18, 109 empty prams and baby baskets are seen outside the Lviv city council during an action to highlight the number of children killed in Russia's invasion of Ukraine. AFP
  • Six-year-old Milana, who is recovering from leg injuries sustained after a Russian rocket hit her house on February 28, killing her mother, reacts to volunteers dressed as clowns at a children's hospital in Kyiv on March 19. Getty Images
    Six-year-old Milana, who is recovering from leg injuries sustained after a Russian rocket hit her house on February 28, killing her mother, reacts to volunteers dressed as clowns at a children's hospital in Kyiv on March 19. Getty Images
  • People clean a room in an apartment building destroyed during an air raid in Kyiv on March 21. Reuters
    People clean a room in an apartment building destroyed during an air raid in Kyiv on March 21. Reuters
  • A firefighter works at a residential district that was damaged by shelling in Kyiv on March 23. Reuters
    A firefighter works at a residential district that was damaged by shelling in Kyiv on March 23. Reuters
  • Smoke billows from a fire on what Ukrainian Ministry of Defence says is a Russian ship at the port of Berdiansk on March 24. Reuters
    Smoke billows from a fire on what Ukrainian Ministry of Defence says is a Russian ship at the port of Berdiansk on March 24. Reuters
  • Turkey's President Recep Tayyip Erdogan, Britain's Prime Minister Boris Johnson, US President Joe Biden, Nato Secretary General Jens Stoltenberg, Belgium's Prime Minister Alexander De Croo and leaders of the US-led military alliance pose for a family photo at Nato Headquarters in Brussels, Belgium, on March 24. Reuters
    Turkey's President Recep Tayyip Erdogan, Britain's Prime Minister Boris Johnson, US President Joe Biden, Nato Secretary General Jens Stoltenberg, Belgium's Prime Minister Alexander De Croo and leaders of the US-led military alliance pose for a family photo at Nato Headquarters in Brussels, Belgium, on March 24. Reuters
  • This general view taken on March 30 shows fire and smoke lighting up the night sky, east of Kharkiv. AFP
    This general view taken on March 30 shows fire and smoke lighting up the night sky, east of Kharkiv. AFP
  • Women sew camouflage fabric for homemade military bullet proof vests and flak jackets in Mykolaiv on March 31. Oliver Marsden for the National
    Women sew camouflage fabric for homemade military bullet proof vests and flak jackets in Mykolaiv on March 31. Oliver Marsden for the National
  • A theatre destroyed in the southern port city of Mariupol on April 3. Reuters
    A theatre destroyed in the southern port city of Mariupol on April 3. Reuters
  • Women stand in their robes as smoke rises in the background after shelling in Odesa, Ukraine, on Sunday, April 3. AP
    Women stand in their robes as smoke rises in the background after shelling in Odesa, Ukraine, on Sunday, April 3. AP
  • President Zelenskyy in the town of Bucha, northwest of the Ukrainian capital Kyiv, on April 4. AFP
    President Zelenskyy in the town of Bucha, northwest of the Ukrainian capital Kyiv, on April 4. AFP
  • A woman carries her cat as she walks past buildings destroyed by Russian shelling in Borodyanka, Ukraine, on April 5. Reuters
    A woman carries her cat as she walks past buildings destroyed by Russian shelling in Borodyanka, Ukraine, on April 5. Reuters
  • Ukrainian servicemen sing a patriotic song amid buildings destroyed during fighting between Ukrainian and Russian forces in Borodyanka on April 5. AP
    Ukrainian servicemen sing a patriotic song amid buildings destroyed during fighting between Ukrainian and Russian forces in Borodyanka on April 5. AP
  • A firefighter works at the site of burning fuel storage facilities damaged by an air strike in Dnipropetrovsk region, Ukraine, on April 6. Reuters
    A firefighter works at the site of burning fuel storage facilities damaged by an air strike in Dnipropetrovsk region, Ukraine, on April 6. Reuters
  • Pope Francis holds a Ukraine flag sent to him from the Ukrainian town of Bucha during the weekly general audience in the Paul VI Audience Hall, Vatican City, on April 6. EPA
    Pope Francis holds a Ukraine flag sent to him from the Ukrainian town of Bucha during the weekly general audience in the Paul VI Audience Hall, Vatican City, on April 6. EPA
  • Photos of people are seen next to a destroyed apartment building on April 9 in Borodianka. Getty Images
    Photos of people are seen next to a destroyed apartment building on April 9 in Borodianka. Getty Images
  • Mr Johnson and Mr Zelensky in central Kyiv on April 9. AFP
    Mr Johnson and Mr Zelensky in central Kyiv on April 9. AFP
  • A booby trap found by locals near their home in the village of Zalissya village, Ukraine, on April 12. EPA
    A booby trap found by locals near their home in the village of Zalissya village, Ukraine, on April 12. EPA
  • Yehor, 7, holds a toy rifle next to destroyed Russian military vehicles near Chernihiv on Sunday, April 17. AP
    Yehor, 7, holds a toy rifle next to destroyed Russian military vehicles near Chernihiv on Sunday, April 17. AP
  • A man takes a selfie in front of a destroyed Russian tank in the village of Andriivka, Ukraine, on April 17. AFP
    A man takes a selfie in front of a destroyed Russian tank in the village of Andriivka, Ukraine, on April 17. AFP
  • Destroyed structures in Irpin, Ukraine, on April 8. Getty Images
    Destroyed structures in Irpin, Ukraine, on April 8. Getty Images
  • A sign saying 'children' on the windscreen of a car with bullet holes in Irpin on April 19. AFP
    A sign saying 'children' on the windscreen of a car with bullet holes in Irpin on April 19. AFP
  • An armoured convoy of pro-Russian troops moves along a road in the southern port city of Mariupol on April 21. Reuters
    An armoured convoy of pro-Russian troops moves along a road in the southern port city of Mariupol on April 21. Reuters
  • Ukraine's President Volodymyr Zelenskyy poses for a picture with US Secretary of State Antony Blinken and US Defence Secretary Lloyd Austin in Kyiv on April 24. Reuters
    Ukraine's President Volodymyr Zelenskyy poses for a picture with US Secretary of State Antony Blinken and US Defence Secretary Lloyd Austin in Kyiv on April 24. Reuters
  • A Ukrainian serviceman looks at a Russian ballistic missile's booster stage that fell in a field in Bohodarove, eastern Ukraine, on April 25. AFP
    A Ukrainian serviceman looks at a Russian ballistic missile's booster stage that fell in a field in Bohodarove, eastern Ukraine, on April 25. AFP
  • Lithuanian musician Darius Mazintas plays a piano in front of the Central House of Culture, destroyed during Russia's invasion, in the town of Irpin on April 26. Reuters
    Lithuanian musician Darius Mazintas plays a piano in front of the Central House of Culture, destroyed during Russia's invasion, in the town of Irpin on April 26. Reuters
  • A woman cries as she takes part in a rally in Kyiv on April 27 demanding international leaders organise a humanitarian corridor for the evacuation of Ukrainian military and civilians from Mariupol. Reuters
    A woman cries as she takes part in a rally in Kyiv on April 27 demanding international leaders organise a humanitarian corridor for the evacuation of Ukrainian military and civilians from Mariupol. Reuters
  • UN Secretary General Antonio Guterres visits Borodianka on April 28. AFP
    UN Secretary General Antonio Guterres visits Borodianka on April 28. AFP
  • People wait in a car to be processed at a reception centre for displaced people in Zaporizhzhia, Ukraine, on Monday, May 2. AP
    People wait in a car to be processed at a reception centre for displaced people in Zaporizhzhia, Ukraine, on Monday, May 2. AP
  • Anton Gladun lies on his bed at the Third City Hospital in Cherkasy, Ukraine, on Thursday, May 5. AP
    Anton Gladun lies on his bed at the Third City Hospital in Cherkasy, Ukraine, on Thursday, May 5. AP
  • Patron, a dog trained to search for explosives, during demining works at the Gostomel airfield near Kyiv on May 5. EPA
    Patron, a dog trained to search for explosives, during demining works at the Gostomel airfield near Kyiv on May 5. EPA
  • A woman covers her ears from the sound of mortar fire as people queue to collect pensions from a postal delivery van that reached the frontline despite the ongoing conflict in Mayaky, eastern Ukraine, on May 6. AFP
    A woman covers her ears from the sound of mortar fire as people queue to collect pensions from a postal delivery van that reached the frontline despite the ongoing conflict in Mayaky, eastern Ukraine, on May 6. AFP
  • Service members of pro-Russian troops fire from a tank near the Azovstal steel plant in the southern port city of Mariupol on May 5. Reuters
    Service members of pro-Russian troops fire from a tank near the Azovstal steel plant in the southern port city of Mariupol on May 5. Reuters
  • A Ukrainian soldier inside the ruined Azovstal steel plant in Mariupol on May 7. AP
    A Ukrainian soldier inside the ruined Azovstal steel plant in Mariupol on May 7. AP
  • The statue of Ukrainian philosopher Hryhoriy Skovoroda stands in the damaged Hryhoriy Skovoroda Literary Memorial Museum in Skovorodynivka, Ukraine, on May 7. EPA
    The statue of Ukrainian philosopher Hryhoriy Skovoroda stands in the damaged Hryhoriy Skovoroda Literary Memorial Museum in Skovorodynivka, Ukraine, on May 7. EPA
  • First lady Jill Biden receives flowers from Olena Zelenska, wife of Ukraine's President Zelenskyy, outside a public school in Uzhhorod, Slovakia, on May 8. Reuters
    First lady Jill Biden receives flowers from Olena Zelenska, wife of Ukraine's President Zelenskyy, outside a public school in Uzhhorod, Slovakia, on May 8. Reuters
  • Bono and The Edge sing during a performance for Ukrainian people inside a subway station in Kyiv on May 8. Reuters
    Bono and The Edge sing during a performance for Ukrainian people inside a subway station in Kyiv on May 8. Reuters
  • An explosion at the Azovstal Iron and Steel Works in Mariupol on May 11. Reuters
    An explosion at the Azovstal Iron and Steel Works in Mariupol on May 11. Reuters
  • Russian paratroopers on a BMD-4 infantry fighting vehicle in Kharkiv on May 11. EPA
    Russian paratroopers on a BMD-4 infantry fighting vehicle in Kharkiv on May 11. EPA
  • Sasha, left, 4, and his sister Ksenia, 8, in a basement shelter in Lysychansk, eastern Ukraine, on May 15. AFP
    Sasha, left, 4, and his sister Ksenia, 8, in a basement shelter in Lysychansk, eastern Ukraine, on May 15. AFP
  • A controlled detonation of explosive devices near Borodianka, Ukraine, on May 17. Reuters
    A controlled detonation of explosive devices near Borodianka, Ukraine, on May 17. Reuters
  • People stand amid newly-made graves at a cemetery in Staryi Krym outside Mariupol on May 22. Reuters
    People stand amid newly-made graves at a cemetery in Staryi Krym outside Mariupol on May 22. Reuters
  • A view shows the destroyed Azovstal Iron and Steel Works in Mariupol on May 22. Reuters
    A view shows the destroyed Azovstal Iron and Steel Works in Mariupol on May 22. Reuters
  • Russian Sgt Vadim Shishimarin listens to his translator during his court hearing in Kyiv on May 23. The 21-year-old soldier pleaded guilty to killing an unarmed civilian. AP
    Russian Sgt Vadim Shishimarin listens to his translator during his court hearing in Kyiv on May 23. The 21-year-old soldier pleaded guilty to killing an unarmed civilian. AP
  • President Zelenskyy on a screen at the opening ceremony of the World Economic Forum in Davos, Switzerland, on May 23. Reuters
    President Zelenskyy on a screen at the opening ceremony of the World Economic Forum in Davos, Switzerland, on May 23. Reuters
  • A red poppy in front of a destroyed residential building in Mariupol on May 31. AFP
    A red poppy in front of a destroyed residential building in Mariupol on May 31. AFP
  • The Russia-Ukraine conflict is discussed during the 152nd session of the Ministerial Council of the Gulf Co-operation Council in Riyadh, Saudi Arabia, on June 1. EPA
    The Russia-Ukraine conflict is discussed during the 152nd session of the Ministerial Council of the Gulf Co-operation Council in Riyadh, Saudi Arabia, on June 1. EPA
Key Points
  • Protests against President Omar Al Bashir enter their sixth day
  • Reports of President Bashir's resignation and arrests of senior government officials
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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'The Ice Road'

Director: Jonathan Hensleigh
Stars: Liam Neeson, Amber Midthunder, Laurence Fishburne

2/5

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Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

The studios taking part (so far)
  1. Punch
  2. Vogue Fitness 
  3. Sweat
  4. Bodytree Studio
  5. The Hot House
  6. The Room
  7. Inspire Sports (Ladies Only)
  8. Cryo
Squad

Ali Kasheif, Salim Rashid, Khalifa Al Hammadi, Khalfan Mubarak, Ali Mabkhout, Omar Abdulrahman, Mohammed Al Attas, Abdullah Ramadan, Zayed Al Ameri (Al Jazira), Mohammed Al Shamsi, Hamdan Al Kamali, Mohammed Barghash, Khalil Al Hammadi (Al Wahda), Khalid Essa, Mohammed Shaker, Ahmed Barman, Bandar Al Ahbabi (Al Ain), Al Hassan Saleh, Majid Suroor (Sharjah) Walid Abbas, Ahmed Khalil (Shabab Al Ahli), Tariq Ahmed, Jasim Yaqoub (Al Nasr), Ali Saleh, Ali Salmeen (Al Wasl), Hassan Al Muharami (Baniyas) 

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

The specs

Engine: 1.5-litre turbo

Power: 181hp

Torque: 230Nm

Transmission: 6-speed automatic

Starting price: Dh79,000

On sale: Now

How to keep control of your emotions

If your investment decisions are being dictated by emotions such as fear, greed, hope, frustration and boredom, it is time for a rethink, Chris Beauchamp, chief market analyst at online trading platform IG, says.

Greed

Greedy investors trade beyond their means, open more positions than usual or hold on to positions too long to chase an even greater gain. “All too often, they incur a heavy loss and may even wipe out the profit already made.

Tip: Ignore the short-term hype, noise and froth and invest for the long-term plan, based on sound fundamentals.

Fear

The risk of making a loss can cloud decision-making. “This can cause you to close out a position too early, or miss out on a profit by being too afraid to open a trade,” he says.

Tip: Start with a plan, and stick to it. For added security, consider placing stops to reduce any losses and limits to lock in profits.

Hope

While all traders need hope to start trading, excessive optimism can backfire. Too many traders hold on to a losing trade because they believe that it will reverse its trend and become profitable.

Tip: Set realistic goals. Be happy with what you have earned, rather than frustrated by what you could have earned.

Frustration

Traders can get annoyed when the markets have behaved in unexpected ways and generates losses or fails to deliver anticipated gains.

Tip: Accept in advance that asset price movements are completely unpredictable and you will suffer losses at some point. These can be managed, say, by attaching stops and limits to your trades.

Boredom

Too many investors buy and sell because they want something to do. They are trading as entertainment, rather than in the hope of making money. As well as making bad decisions, the extra dealing charges eat into returns.

Tip: Open an online demo account and get your thrills without risking real money.

TV (UAE time);

OSN Sports: from 10am

Company%C2%A0profile
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Profile box

Company name: baraka
Started: July 2020
Founders: Feras Jalbout and Kunal Taneja
Based: Dubai and Bahrain
Sector: FinTech
Initial investment: $150,000
Current staff: 12
Stage: Pre-seed capital raising of $1 million
Investors: Class 5 Global, FJ Labs, IMO Ventures, The Community Fund, VentureSouq, Fox Ventures, Dr Abdulla Elyas (private investment)

Dust and sand storms compared

Sand storm

  • Particle size: Larger, heavier sand grains
  • Visibility: Often dramatic with thick "walls" of sand
  • Duration: Short-lived, typically localised
  • Travel distance: Limited 
  • Source: Open desert areas with strong winds

Dust storm

  • Particle size: Much finer, lightweight particles
  • Visibility: Hazy skies but less intense
  • Duration: Can linger for days
  • Travel distance: Long-range, up to thousands of kilometres
  • Source: Can be carried from distant regions
How to apply for a drone permit
  • Individuals must register on UAE Drone app or website using their UAE Pass
  • Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
  • Upload the training certificate from a centre accredited by the GCAA
  • Submit their request
What are the regulations?
  • Fly it within visual line of sight
  • Never over populated areas
  • Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
  • Users must avoid flying over restricted areas listed on the UAE Drone app
  • Only fly the drone during the day, and never at night
  • Should have a live feed of the drone flight
  • Drones must weigh 5 kg or less
Company%20profile%20
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MATCH INFO

Uefa Champions League semi-finals, second leg:

Liverpool (0) v Barcelona (3), Tuesday, 11pm UAE

Game is on BeIN Sports

Salah in numbers

€39 million: Liverpool agreed a fee, including add-ons, in the region of 39m (nearly Dh176m) to sign Salah from Roma last year. The exchange rate at the time meant that cost the Reds £34.3m - a bargain given his performances since.

13: The 25-year-old player was not a complete stranger to the Premier League when he arrived at Liverpool this summer. However, during his previous stint at Chelsea, he made just 13 Premier League appearances, seven of which were off the bench, and scored only twice.

57: It was in the 57th minute of his Liverpool bow when Salah opened his account for the Reds in the 3-3 draw with Watford back in August. The Egyptian prodded the ball over the line from close range after latching onto Roberto Firmino's attempted lob.

7: Salah's best scoring streak of the season occurred between an FA Cup tie against West Brom on January 27 and a Premier League win over Newcastle on March 3. He scored for seven games running in all competitions and struck twice against Tottenham.

3: This season Salah became the first player in Premier League history to win the player of the month award three times during a term. He was voted as the division's best player in November, February and March.

40: Salah joined Roger Hunt and Ian Rush as the only players in Liverpool's history to have scored 40 times in a single season when he headed home against Bournemouth at Anfield earlier this month.

30: The goal against Bournemouth ensured the Egyptian achieved another milestone in becoming the first African player to score 30 times across one Premier League campaign.

8: As well as his fine form in England, Salah has also scored eight times in the tournament phase of this season's Champions League. Only Real Madrid's Cristiano Ronaldo, with 15 to his credit, has found the net more often in the group stages and knockout rounds of Europe's premier club competition.

PROFILE OF SWVL

Started: April 2017

Founders: Mostafa Kandil, Ahmed Sabbah and Mahmoud Nouh

Based: Cairo, Egypt

Sector: transport

Size: 450 employees

Investment: approximately $80 million

Investors include: Dubai’s Beco Capital, US’s Endeavor Catalyst, China’s MSA, Egypt’s Sawari Ventures, Sweden’s Vostok New Ventures, Property Finder CEO Michael Lahyani

In numbers: China in Dubai

The number of Chinese people living in Dubai: An estimated 200,000

Number of Chinese people in International City: Almost 50,000

Daily visitors to Dragon Mart in 2018/19: 120,000

Daily visitors to Dragon Mart in 2010: 20,000

Percentage increase in visitors in eight years: 500 per cent

Fight card
  • Aliu Bamidele Lasisi (Nigeria) beat Artid Vamrungauea (Thailand) POINTS
  • Julaidah Abdulfatah (Saudi Arabia) beat Martin Kabrhel (Czech Rep) POINTS
  • Kem Ljungquist (Denmark) beat Mourad Omar (Egypt) TKO
  • Michael Lawal (UK) beat Tamas Kozma (Hungary) KO​​​​​​​
  • Zuhayr Al Qahtani (Saudi Arabia) beat Mohammed Mahmoud (UK) POINTS
  • Darren Surtees (UK) beat Kane Baker (UK) KO
  • Chris Eubank Jr (UK) beat JJ McDonagh (Ireland) TKO
  • Callum Smith (UK) beat George Groves (UK) KO
'Young girls thinking of big ideas'

Words come easy for aspiring writer Afra Al Muhairb. The business side of books, on the other hand, is entirely foreign to the 16-year-old Emirati. So, she followed her father’s advice and enroled in the Abu Dhabi Education Council’s summer entrepreneurship course at Abu Dhabi University hoping to pick up a few new skills.

“Most of us have this dream of opening a business,” said Afra, referring to her peers are “young girls thinking of big ideas.”

In the three-week class, pupils are challenged to come up with a business and develop an operational and marketing plan to support their idea. But, the learning goes far beyond sales and branding, said teacher Sonia Elhaj.

“It’s not only about starting up a business, it’s all the meta skills that goes with it -- building self confidence, communication,” said Ms Elhaj. “It’s a way to coach them and to harness ideas and to allow them to be creative. They are really hungry to do this and be heard. They are so happy to be actually doing something, to be engaged in creating something new, not only sitting and listening and getting new information and new knowledge. Now they are applying that knowledge.”

Afra’s team decided to focus their business idea on a restaurant modelled after the Leaning Tower of Pisa. Each level would have a different international cuisine and all the meat would be halal. The pupils thought of this after discussing a common problem they face when travelling abroad.

“Sometimes we find the struggle of finding halal food, so we just eat fish and cheese, so it’s hard for us to spend 20 days with fish and cheese,” said Afra. “So we made this tower so every person who comes – from Africa, from America – they will find the right food to eat.”

rpennington@thenational.ae

Islamophobia definition

A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.

Stage 2

1. Mathieu van der Poel (NED) Alpecin-Fenix 4:18:30

2. Tadej Pogacar (SLV) UAE Team Emirates 0:00:06

3.  Primoz Roglic (SLV) Jumbo-Visma 0:00:06

4. Wilco Kelderman (NED) Bora-Hansgrohe 0:00:06

5. Julian Alaphilippe (FRA) Deceuninck-QuickStep 0:00:08

Test

Director: S Sashikanth

Cast: Nayanthara, Siddharth, Meera Jasmine, R Madhavan

Star rating: 2/5

'The worst thing you can eat'

Trans fat is typically found in fried and baked goods, but you may be consuming more than you think.

Powdered coffee creamer, microwave popcorn and virtually anything processed with a crust is likely to contain it, as this guide from Mayo Clinic outlines: 

Baked goods - Most cakes, cookies, pie crusts and crackers contain shortening, which is usually made from partially hydrogenated vegetable oil. Ready-made frosting is another source of trans fat.

Snacks - Potato, corn and tortilla chips often contain trans fat. And while popcorn can be a healthy snack, many types of packaged or microwave popcorn use trans fat to help cook or flavour the popcorn.

Fried food - Foods that require deep frying — french fries, doughnuts and fried chicken — can contain trans fat from the oil used in the cooking process.

Refrigerator dough - Products such as canned biscuits and cinnamon rolls often contain trans fat, as do frozen pizza crusts.

Creamer and margarine - Nondairy coffee creamer and stick margarines also may contain partially hydrogenated vegetable oils.

ABU DHABI T10: DAY TWO

Bangla Tigers v Deccan Gladiators (3.30pm)

Delhi Bulls v Karnataka Tuskers (5.45pm)

Northern Warriors v Qalandars (8.00pm)

A little about CVRL

Founded in 1985 by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, the Central Veterinary Research Laboratory (CVRL) is a government diagnostic centre that provides testing and research facilities to the UAE and neighbouring countries.

One of its main goals is to provide permanent treatment solutions for veterinary related diseases. 

The taxidermy centre was established 12 years ago and is headed by Dr Ulrich Wernery. 

Updated: June 03, 2022, 11:29 PM