The Gulf Co-operation Council (GCC) on Thursday joined Egypt, Jordan, France, Germany and the UK in calling for a return to the nuclear deal following a meeting with US Iran envoy Robert Malley in Saudi Arabia.
The 12 countries issued a joint statement noting that “a return to mutual compliance with the [nuclear deal] would benefit the entire Middle East, allow for more regional partnerships and economic exchange, with long-lasting implications for growth and the well-being of all people there, including in Iran".
Several GCC states expressed scepticism when the nuclear deal was first negotiated under former president Barack Obama, with Saudi Arabia describing it as “flawed”.
But sentiments have changed in the intervening years. Dr Anwar Gargash, diplomatic adviser to UAE President Sheikh Khalifa, said this week that his country seeks to de-escalate tension with Tehran through dialogue.
The unified GCC call for a return to the deal comes before a seventh round of indirect talks between the US and Iran scheduled for November 29.
It also follows a similar joint statement that the US and its GCC partners issued on Wednesday after a US-GCC Working Group meeting in Saudi Arabia.
That statement also “called for an urgent mutual return to full compliance” with the nuclear deal, while condemning a “range of aggressive and dangerous Iranian policies, including the proliferation and direct use of advanced ballistic missiles” and drones.
The expanded statement with the Europeans, Egypt and Jordan on Thursday reiterated the “concern for and condemnation of such destabilising activities”.
Mr Malley, who also attended conferences in Israel on Monday, noted after the meeting that Iran has two options: “continued nuclear escalation [and] crisis or mutual return” to the nuclear deal.
He has also suggested that the US could continue nuclear diplomacy with Iran should Tehran’s steadily escalating breaches of the nuclear deal render the original agreement obsolete.
At the same time, National Security Adviser Jake Sullivan, Secretary of State Antony Blinken and other US officials have repeatedly stated that Washington will turn to “other options” if Iran continues to scale up its nuclear activities.
Iran began to engage in more breaches of the accord when former US president Donald Trump withdrew from the deal in 2018, reinstating debilitating sanctions on the country.
Since then, Iran's breakout time needed to produce a nuclear weapon has decreased from a year to a few months, a senior US official has said.
The Vienna talks aim to relieve the sweeping US economic sanctions on Iran if it scales back its breaches of the nuclear deal, but disagreements remain on the status of some additional sanctions instated under Mr Trump.
The Vile
Starring: Bdoor Mohammad, Jasem Alkharraz, Iman Tarik, Sarah Taibah
Director: Majid Al Ansari
Rating: 4/5
Is it worth it? We put cheesecake frap to the test.
The verdict from the nutritionists is damning. But does a cheesecake frappuccino taste good enough to merit the indulgence?
My advice is to only go there if you have unusually sweet tooth. I like my puddings, but this was a bit much even for me. The first hit is a winner, but it's downhill, slowly, from there. Each sip is a little less satisfying than the last, and maybe it was just all that sugar, but it isn't long before the rush is replaced by a creeping remorse. And half of the thing is still left.
The caramel version is far superior to the blueberry, too. If someone put a full caramel cheesecake through a liquidiser and scooped out the contents, it would probably taste something like this. Blueberry, on the other hand, has more of an artificial taste. It's like someone has tried to invent this drink in a lab, and while early results were promising, they're still in the testing phase. It isn't terrible, but something isn't quite right either.
So if you want an experience, go for a small, and opt for the caramel. But if you want a cheesecake, it's probably more satisfying, and not quite as unhealthy, to just order the real thing.
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.
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
The specs: 2018 Chevrolet Trailblazer
Price, base / as tested Dh99,000 / Dh132,000
Engine 3.6L V6
Transmission: Six-speed automatic
Power 275hp @ 6,000rpm
Torque 350Nm @ 3,700rpm
Fuel economy combined 12.2L / 100km
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