Israel's Lapid voices support for two-state solution


Adla Massoud
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Follow developments at the UN General Assembly as they happen.

Israeli Prime Minister Yair Lapid on Thursday voiced support, with caveats, for a two-state solution to the decades-long conflict with the Palestinians, in his speech to the UN General Assembly.

And Mr Lapid repeated Israel's position that it would do "whatever it takes" to stop Iran from developing a nuclear bomb.

The comments by the caretaker prime minister marked the first time in several years that an Israeli leader has mentioned a two-state solution at the UN General Assembly, and his remarks echo those of US President Joe Biden who on Wednesday advocated such an outcome.

"An agreement with the Palestinians, which is based on two states for two peoples, is the right thing for Israel's security, for the Israeli economy and for the future of our children," Mr Lapid said.

"Despite all the obstacles, even today a large majority of Israelis support the vision of a two-state solution. I am one of them."

Israel's only condition would be that any future Palestinian state is "peace-loving", he said. It cannot "become another terror base from which Israel's safety and existence are threatened".

Mr Lapid became interim prime minister after Naftali Bennett's ruling coalition collapsed in June.

A general election — Israel's fifth in three years — that is set for November 1 could see a return to power for Benjamin Netanyahu, a long-standing opponent of the two-state solution.

“Israeli Arabs are not our enemies, they are our partners in life,” Mr Lapid said.

Arab party Ra’am joined Mr Bennett's coalition in June 2021, the first time an Arab party had joined a ruling coalition.

Mr Lapid said Israel would do "whatever it takes" to stop Iran from developing a nuclear bomb.

He condemned “fake news” about Israel online, but the quickly referred to videos of Iranian women protesting against the death of Mahsa Amini, 22, who had been arrested three days earlier for allegedly breaking Iran’s strict hijab law.

He said the international community should use "military force" if Iran developed nuclear weapons.

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Israel has been conducting an intense diplomatic offensive in recent months to try to convince the US and main European powers such as Britain, France and Germany not to renew the 2015 Iran nuclear deal.

For the past 10 days, various officials have suggested the deal might not be renewed until at least mid-November, a deadline that Mr Lapid has tried to use to push the West to impose a tougher approach in their negotiations.

"The only way to prevent Iran from getting a nuclear weapon is to put a credible military threat on the table," he said.

Only then can a "longer and stronger deal with them" be negotiated.

"It needs to be made clear to Iran that if it advances its nuclear programme, the world will not respond with words, but with military force," Mr Lapid said.

He praised the benefits of the Abraham Accords, which celebrated their second anniversary this month, and said he wished for more peace across the region.

“Israel seeks peace with our neighbours. All our neighbours. We are not going anywhere. The Middle East is our home,” he said.

“And we call upon every Muslim country — from Saudi Arabia to Indonesia — to recognise that, and to come talk to us. Our hand is outstretched for peace.”

- Agencies contributed to this report.

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Violence%20
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Who is Mohammed Al Halbousi?

The new speaker of Iraq’s parliament Mohammed Al Halbousi is the youngest person ever to serve in the role.

The 37-year-old was born in Al Garmah in Anbar and studied civil engineering in Baghdad before going into business. His development company Al Hadeed undertook reconstruction contracts rebuilding parts of Fallujah’s infrastructure.

He entered parliament in 2014 and served as a member of the human rights and finance committees until 2017. In August last year he was appointed governor of Anbar, a role in which he has struggled to secure funding to provide services in the war-damaged province and to secure the withdrawal of Shia militias. He relinquished the post when he was sworn in as a member of parliament on September 3.

He is a member of the Al Hal Sunni-based political party and the Sunni-led Coalition of Iraqi Forces, which is Iraq’s largest Sunni alliance with 37 seats from the May 12 election.

He maintains good relations with former Prime Minister Nouri Al Maliki’s State of Law Coaliton, Hadi Al Amiri’s Badr Organisation and Iranian 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

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

BRAZIL SQUAD

Alisson (Liverpool), Daniel Fuzato (Roma), Ederson (Man City); Alex Sandro (Juventus), Danilo (Juventus), Eder Militao (Real Madrid), Emerson (Real Betis), Felipe (Atletico Madrid), Marquinhos (PSG), Renan Lodi (Atletico Madrid), Thiago Silva (PSG); Arthur (Barcelona), Casemiro (Real Madrid), Douglas Luiz (Aston Villa), Fabinho (Liverpool), Lucas Paqueta (AC Milan), Philippe Coutinho (Bayern Munich); David Neres (Ajax), Gabriel Jesus (Man City), Richarlison (Everton), Roberto Firmino (Liverpool), Rodrygo (Real Madrid), Willian (Chelsea).

Winners

Ballon d’Or (Men’s)
Ousmane Dembélé (Paris Saint-Germain / France)

Ballon d’Or Féminin (Women’s)
Aitana Bonmatí (Barcelona / Spain)

Kopa Trophy (Best player under 21 – Men’s)
Lamine Yamal (Barcelona / Spain)

Best Young Women’s Player
Vicky López (Barcelona / Spain)

Yashin Trophy (Best Goalkeeper – Men’s)
Gianluigi Donnarumma (Paris Saint-Germain and Manchester City / Italy)

Best Women’s Goalkeeper
Hannah Hampton (England / Aston Villa and Chelsea)

Men’s Coach of the Year
Luis Enrique (Paris Saint-Germain)

Women’s Coach of the Year
Sarina Wiegman (England)

UAE currency: the story behind the money in your pockets
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Publisher: Konami

Platforms: PlayStation 5, Xbox Series X/S, PC

Rating: 4.5/5

THE TWIN BIO

Their favourite city: Dubai

Their favourite food: Khaleeji

Their favourite past-time : walking on the beach

Their favorite quote: ‘we rise by lifting others’ by Robert Ingersoll

RESULT

Huddersfield Town 2 Manchester United 1
Huddersfield: Mooy (28'), Depoitre (33')
Manchester United: Rashford (78')

 

Man of the Match: Aaron Mooy (Huddersfield Town)

Company%20Profile
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Company profile

Company name: Suraasa

Started: 2018

Founders: Rishabh Khanna, Ankit Khanna and Sahil Makker

Based: India, UAE and the UK

Industry: EdTech

Initial investment: More than $200,000 in seed funding

Updated: September 22, 2022, 8:53 PM