President Joe Biden greets members of the US Coast Guard stationed at Brant Point in Nantucket, Massachusetts, on Thursday. AP
President Joe Biden greets members of the US Coast Guard stationed at Brant Point in Nantucket, Massachusetts, on Thursday. AP
President Joe Biden greets members of the US Coast Guard stationed at Brant Point in Nantucket, Massachusetts, on Thursday. AP
President Joe Biden greets members of the US Coast Guard stationed at Brant Point in Nantucket, Massachusetts, on Thursday. AP

Biden wishes Americans happy, closer-to-normal Thanksgiving


Soraya Ebrahimi
  • English
  • Arabic

US President Joe Biden on Thursday wished Americans a happy and closer-to-normal Thanksgiving, the second in the shadow of the coronavirus pandemic.

Mr Biden welcomed the return of holiday traditions by millions of families, including his own.

“As we give thanks for what we have, we also keep in our hearts those who have been lost and those who have lost so much,” the president said in a video-taped greeting recorded with his wife, Dr Jill Biden, at the White House.

They then travelled to Nantucket, Massachusetts, for the holiday.

On the island, the Bidens visited the US Coast Guard station at Brant Point to meet personnel and hold an online chat with US service members from around the world.

“I’m not joking when I say I’m thankful for these guys,” the president said, referring to the coast guard members standing ramrod straight before him on the grounds as he departed.

Reporters were kept out of the room for Mr Biden’s online remarks, apparently because of tight space in the building.

Well-wishers waved and cheered as his motorcade navigated the island’s narrow paved and cobblestone streets to and from the coast guard compound.

Mr Biden, whose late son Beau was a major in the Delaware Army National Guard, said he had watched US service members in action around the world, from the South China Sea and Iraq and Afghanistan to South America.

He said when foreigners wonder what America is, “they don’t see us here", meaning civilians.

“They see them,” he said of members of the coast guard and the other branches of the US military. “It makes me proud.”

From Nantucket, the Bidens also called in to the Macy’s Thanksgiving Day Parade, briefly bantering on air with NBC broadcaster Al Roker.

Shut out a year ago, spectators lined the route in Manhattan as about 8,000 participants joined the parade. Parade employees and volunteers had to be vaccinated against Covid-19 and wear masks.

Mr Biden and his wife have spent Thanksgiving in Nantucket since before they were married in 1977 because they were looking for a way out of choosing whose family to spend it with.

They did not visit in 2015 after Beau’s death that year from brain cancer at the age of 46, or in 2020, when the Covid-19 pandemic ended large family gatherings.

Mr Biden instead dined at home in Delaware last year with his wife, daughter Ashley and her husband.

But this year, the president joined the millions of Americans who are celebrating the holiday with big groups of loved ones.

Mr Biden’s entire family flew up with him on Tuesday night on Air Force One to resume the Thanksgiving tradition.

There was his wife; son Hunter and his wife Melissa and their toddler Beau; daughter Ashley; and grandchildren Naomi, Finnegan, Maisy, Natalie and young Hunter, along with Naomi’s fiance, Peter Neal.

Naomi and her fiance rode bicycles along a local path just before her grandfather’s SUV departed the secluded home where the family is staying.

The home belongs to David Rubenstein, a billionaire philanthropist and co-founder of the Carlyle Group private equity firm.

Mr Biden’s visit, his first as president, is markedly different from his previous holidays in Nantucket when he was a US senator and later vice president. In those days he might have been seen walking around downtown.

Mr Biden lost much of his freedom to move around on his own when he became president and now travels with a large group of security personnel and White House officials.

His every public move is closely watched by the US Secret Service and other law enforcement.

Dr Biden was heard telling the coast guard members that she would see them again on Friday night at Nantucket’s annual Christmas tree lighting, another Biden tradition.

“We’re all going together,” she said of her family. The tree-lighting ceremony is where Beau Biden proposed to his wife, Hallie, in 2001. They were wed on the island the following year.

Mr Biden is expected to return to the White House on Sunday.

Tamkeen's offering
  • Option 1: 70% in year 1, 50% in year 2, 30% in year 3
  • Option 2: 50% across three years
  • Option 3: 30% across five years 
Analysis

Members of Syria's Alawite minority community face threat in their heartland after one of the deadliest days in country’s recent history. Read more

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%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3EQureos%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EUAE%0D%3Cbr%3E%3Cstrong%3ELaunch%20year%3A%20%3C%2Fstrong%3E2021%0D%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%20%3C%2Fstrong%3E33%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3ESoftware%20and%20technology%0D%3Cbr%3E%3Cstrong%3EFunding%3A%20%3C%2Fstrong%3E%243%20million%0D%3Cbr%3E%3C%2Fp%3E%0A
How to help

Send “thenational” to the following numbers or call the hotline on: 0502955999
2289 – Dh10
2252 – Dh 50
6025 – Dh20
6027 – Dh 100
6026 – Dh 200

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 Prison Letters of Nelson Mandela
Edited by Sahm Venter
Published by Liveright

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Crops that could be introduced to the UAE

1: Quinoa 

2. Bathua 

3. Amaranth 

4. Pearl and finger millet 

5. Sorghum

The Buckingham Murders

Starring: Kareena Kapoor Khan, Ash Tandon, Prabhleen Sandhu

Director: Hansal Mehta

Rating: 4 / 5

Company Profile:

Name: The Protein Bakeshop

Date of start: 2013

Founders: Rashi Chowdhary and Saad Umerani

Based: Dubai

Size, number of employees: 12

Funding/investors:  $400,000 (2018) 

The biog

Hometown: Cairo

Age: 37

Favourite TV series: The Handmaid’s Tale, Black Mirror

Favourite anime series: Death Note, One Piece and Hellsing

Favourite book: Designing Brand Identity, Fifth Edition

Like a Fading Shadow

Antonio Muñoz Molina

Translated from the Spanish by Camilo A. Ramirez

Tuskar Rock Press (pp. 310)

MATCH INFO

Watford 1 (Deulofeu 80' p)

Chelsea 2 (Abraham 5', Pulisic 55')

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How to watch Ireland v Pakistan in UAE

When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.

INFO

What: DP World Tour Championship
When: November 21-24
Where: Jumeirah Golf Estates, Dubai
Tickets: www.ticketmaster.ae.

Founders: Abdulmajeed Alsukhan, Turki Bin Zarah and Abdulmohsen Albabtain.

Based: Riyadh

Offices: UAE, Vietnam and Germany

Founded: September, 2020

Number of employees: 70

Sector: FinTech, online payment solutions

Funding to date: $116m in two funding rounds  

Investors: Checkout.com, Impact46, Vision Ventures, Wealth Well, Seedra, Khwarizmi, Hala Ventures, Nama Ventures and family offices

Updated: November 25, 2021, 10:51 PM