• After months of negotiations, Tesla chief executive Elon Musk finally purchased Twitter on October 27. AFP
    After months of negotiations, Tesla chief executive Elon Musk finally purchased Twitter on October 27. AFP
  • The billionaire took control of microblogging platform and fired its top executives, including chief executive Parag Agrawal, left, as well as the company's chief financial officer and its head of legal policy, trust and safety. AFP
    The billionaire took control of microblogging platform and fired its top executives, including chief executive Parag Agrawal, left, as well as the company's chief financial officer and its head of legal policy, trust and safety. AFP
  • Elon Musk entering Twitter headquarters carrying a sink through the lobby area on Wednesday, October 26, 2022. Musk posted a video Wednesday showing him strolling into Twitter headquarters ahead of a Friday deadline to close his $44 billion deal to buy the company. AP
    Elon Musk entering Twitter headquarters carrying a sink through the lobby area on Wednesday, October 26, 2022. Musk posted a video Wednesday showing him strolling into Twitter headquarters ahead of a Friday deadline to close his $44 billion deal to buy the company. AP
  • Mr Musk and his children Damian, Kai, Saxon and Griffin met Pope Francis in July at the Vatican. AFP
    Mr Musk and his children Damian, Kai, Saxon and Griffin met Pope Francis in July at the Vatican. AFP
  • Mr Musk speaks by video in June to the Qatar Economic Forum in Doha. Bloomberg
    Mr Musk speaks by video in June to the Qatar Economic Forum in Doha. Bloomberg
  • Mr Musk answers questions at the Qatar Economic Forum. Bloomberg
    Mr Musk answers questions at the Qatar Economic Forum. Bloomberg
  • Mr Musk arrives at the Met Gala at the Metropolitan Museum of Art in New York City in May. Reuters
    Mr Musk arrives at the Met Gala at the Metropolitan Museum of Art in New York City in May. Reuters
  • Mr Musk and his mother Maye Musk arrive at the Met Gala in May. AFP
    Mr Musk and his mother Maye Musk arrive at the Met Gala in May. AFP
  • Mother and son pose and laugh on the Met Gala red carpet. EPA
    Mother and son pose and laugh on the Met Gala red carpet. EPA
  • Mr Musk waves at the Met Gala. Reuters
    Mr Musk waves at the Met Gala. Reuters
  • Mr Musk joins in online at the 'Financial Times' Future of the Car Summit in May. Financial Times
    Mr Musk joins in online at the 'Financial Times' Future of the Car Summit in May. Financial Times
  • Mr Musk attends the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, in March. Reuters
    Mr Musk attends the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, in March. Reuters
  • Mr Musk at the Tesla factory in Berlin, Germany, in March. AP
    Mr Musk at the Tesla factory in Berlin, Germany, in March. AP
  • Mr Musk speaks at SpaceX's Starbase centre in South Texas in February. AFP
    Mr Musk speaks at SpaceX's Starbase centre in South Texas in February. AFP
  • The entrepreneur shakes hands with Brazilian President Jair Bolsonaro in Porto Feliz, Brazil, in May. AP
    The entrepreneur shakes hands with Brazilian President Jair Bolsonaro in Porto Feliz, Brazil, in May. AP
  • Mr Bolsonaro and Mr Musk greet each other in Sao Paulo. Reuters
    Mr Bolsonaro and Mr Musk greet each other in Sao Paulo. Reuters
  • Indonesian President Joko Widodo meets Mr Musk at the SpaceX launch site in Boca Chica, Texas, in May. Reuters
    Indonesian President Joko Widodo meets Mr Musk at the SpaceX launch site in Boca Chica, Texas, in May. Reuters
  • Mr Musk shows Mr Widodo his mobile phone during a tour of the SpaceX launch site in Texas. Reuters
    Mr Musk shows Mr Widodo his mobile phone during a tour of the SpaceX launch site in Texas. Reuters

Will Donald Trump return to Twitter?


Willy Lowry
  • English
  • Arabic

It has been 658 days since Donald Trump last had the power of Twitter to galvanise his millions of followers.

Permanently banned following the January 6, 2021, attack on the US Capitol “due to the risk of further incitement of violence”, the former president has since started his own social media platform called Truth Social.

Elon Musk's $44 billion Twitter takeover has opened the door for a revocation of the ban, and many see Mr Trump's return to the platform as a matter of when, not if.

In May, Mr Musk told a Financial Times forum that removing Mr Trump from the platform “was a morally bad decision, to be clear, and foolish in the extreme”.

Mr Musk has already fired several high-ranking executives, including former chief executive Parag Agrawal.

The world’s richest person also fired the executive responsible for Mr Trump's ban, sparking speculation that the president's return from exile could be imminent.

But Mr Trump is financially invested in his Truth Social platform and has not said if he will return to Twitter, assuming the ban is lifted.

On Friday, he posted a message on the site saying he was happy Twitter was “now in sane hands, and will no longer be run by the Radical Left Lunatics and Maniacs that truly hate our country”.

In April, Mr Trump told Fox News that he hoped Mr Musk would buy the company but that it would not convince him to rejoin.

“I am not going on Twitter. I am going to stay on Truth,” he said.

A screengrab of a Truth Social post by Donald Trump. Photo: Truth Social
A screengrab of a Truth Social post by Donald Trump. Photo: Truth Social

But staying away from Twitter, where his @realDonaldTrump account had more than 88 million followers, may be impossible to resist for the man widely expected to run for president again in 2024.

He only has 4.37 million followers on Truth Social.

Mr Trump is not the only high-profile person who has been banned from the platform.

Allies Steve Bannon and Roger Stone have also been barred from tweeting. Marjorie Taylor Greene, a congresswoman who has staunchly backed Mr Trump in the past, was permanently banned for spreading misinformation regarding Covid-19.

Rapper Kanye West, who's recent anti-Semitic tirades have led to him losing major business deals with Gap and adidas, has been temporarily suspended, though many are calling for a permanent ban.

Mr Musk has long said he wants Twitter to be a bastion of “free speech” but has also promised advertisers it will not become a “free-for-all hellscape”.

He said on Thursday that increasing polarisation stoked by traditional media had damaged the “opportunity for dialogue” on the platform.

“That is why I bought Twitter. I didn't do it because it would be easy. I didn't do it to make more money. I did it to try to help humanity, whom I love.”

But social media watchdogs are concerned that Twitter could become a "cauldron of extremism".

"Letting all these people back on would be the most visible signal of the deeper and more malevolent changes and disruptive changes that will be happening under the hood," said Angelo Carusone, president of Media Matter for America.

Mr Carusone said that while Twitter may not have the most users, it has "agenda-setting power" and he worries that loosening the rules that the company has spent years putting in place could have serious ramifications.

But Mr Musk has tried to assuage such concerns. On Friday, he tweeted that "Twitter will be forming a content moderation council with widely diverse viewpoints".

He said no "major content decision or account reinstatements" would take place until the council has been formed.

Elon Musk's ex-girlfriend auctions mementos — in pictures

  • A collection of never-before-seen Elon Musk photos and memorabilia from his college sweetheart, Jennifer Gwynne, was auctioned by Boston-based RR Auction. This item was sold for $11,794. Photo courtesy: Jennifer Gwynne / RR Auction
    A collection of never-before-seen Elon Musk photos and memorabilia from his college sweetheart, Jennifer Gwynne, was auctioned by Boston-based RR Auction. This item was sold for $11,794. Photo courtesy: Jennifer Gwynne / RR Auction
  • This item sold for $6,336. Photo courtesy: Jennifer Gwynne / RR Auction
    This item sold for $6,336. Photo courtesy: Jennifer Gwynne / RR Auction
  • This item sold for $2,169. Photo courtesy: Jennifer Gwynne / RR Auction
    This item sold for $2,169. Photo courtesy: Jennifer Gwynne / RR Auction
  • A collection of never-before-seen Elon Musk photos and memorabilia from his college sweetheart, Jennifer Gwynne, will be auctioned by Boston-based RR Auction. Photo courtesy: Jennifer Gwynne / RR Auction
    A collection of never-before-seen Elon Musk photos and memorabilia from his college sweetheart, Jennifer Gwynne, will be auctioned by Boston-based RR Auction. Photo courtesy: Jennifer Gwynne / RR Auction
  • This item sold for $1,915. Photo courtesy: Jennifer Gwynne / RR Auction
    This item sold for $1,915. Photo courtesy: Jennifer Gwynne / RR Auction
  • This item sold for $2,733. Photo courtesy: Jennifer Gwynne / RR Auction
    This item sold for $2,733. Photo courtesy: Jennifer Gwynne / RR Auction
  • This item sold for $7,155. Photo courtesy: Jennifer Gwynne / RR Auction
    This item sold for $7,155. Photo courtesy: Jennifer Gwynne / RR Auction
  • This item sold for $1,969. Photo courtesy: Jennifer Gwynne / RR Auction
    This item sold for $1,969. Photo courtesy: Jennifer Gwynne / RR Auction
  • This item sold for $9,375. Photo courtesy: Jennifer Gwynne / RR Auction
    This item sold for $9,375. Photo courtesy: Jennifer Gwynne / RR Auction
  • This item sold for $5,760. Photo courtesy: Jennifer Gwynne / RR Auction
    This item sold for $5,760. Photo courtesy: Jennifer Gwynne / RR Auction
  • This item sold for $21,889. Photo courtesy: Jennifer Gwynne / RR Auction
    This item sold for $21,889. Photo courtesy: Jennifer Gwynne / RR Auction
  • This item sold for $1,694. Photo courtesy: Jennifer Gwynne / RR Auction
    This item sold for $1,694. Photo courtesy: Jennifer Gwynne / RR Auction
  • This item sold for $3,600. Photo courtesy: Jennifer Gwynne / RR Auction
    This item sold for $3,600. Photo courtesy: Jennifer Gwynne / RR Auction
  • This item sold for $1,155. Photo courtesy: Jennifer Gwynne / RR Auction
    This item sold for $1,155. Photo courtesy: Jennifer Gwynne / RR Auction
  • This item sold for $2,484. Photo courtesy: Jennifer Gwynne / RR Auction
    This item sold for $2,484. Photo courtesy: Jennifer Gwynne / RR Auction
  • This item sold for $7,099. Photo: Courtesy: Jennifer Gwynne / RR Auction
    This item sold for $7,099. Photo: Courtesy: Jennifer Gwynne / RR Auction
  • This item sold for $1,765. Photo courtesy: Jennifer Gwynne / RR Auction
    This item sold for $1,765. Photo courtesy: Jennifer Gwynne / RR Auction
  • This item sold for $51,008. Photo courtesy: Jennifer Gwynne / RR Auction
    This item sold for $51,008. Photo courtesy: Jennifer Gwynne / RR Auction
  • A collection of never-before-seen Elon Musk photos and memorabilia from his college sweetheart, Jennifer Gwynne, will be auctioned by Boston-based RR Auction. Photo courtesy: Jennifer Gwynne / RR Auction
    A collection of never-before-seen Elon Musk photos and memorabilia from his college sweetheart, Jennifer Gwynne, will be auctioned by Boston-based RR Auction. Photo courtesy: Jennifer Gwynne / RR Auction
  • This item sold for $16,643. Photo courtesy: Jennifer Gwynne / RR Auction
    This item sold for $16,643. Photo courtesy: Jennifer Gwynne / RR Auction
  • This item sold for $5,625. Photo courtesy: Jennifer Gwynne / RR Auction
    This item sold for $5,625. Photo courtesy: Jennifer Gwynne / RR Auction
MATCH INFO

Karnatake Tuskers 114-1 (10 ovs)

Charles 57, Amla 47

Bangla Tigers 117-5 (8.5 ovs)

Fletcher 40, Moores 28 no, Lamichhane 2-9

Bangla Tiger win by five wickets

How it works

Booklava works on a subscription model. On signing up you receive a free book as part of a 30-day-trial period, after which you pay US$9.99 (Dh36.70) per month to gain access to a library of books and discounts of up to 30 per cent on selected titles. You can cancel your subscription at any time. For more details go to www.booklava.com

UEFA CHAMPIONS LEAGUE FIXTURES

All kick-off times 10.45pm UAE ( 4 GMT) unless stated

Tuesday
Sevilla v Maribor
Spartak Moscow v Liverpool
Manchester City v Shakhtar Donetsk
Napoli v Feyenoord
Besiktas v RB Leipzig
Monaco v Porto
Apoel Nicosia v Tottenham Hotspur
Borussia Dortmund v Real Madrid

Wednesday
Basel v Benfica
CSKA Moscow Manchester United
Paris Saint-Germain v Bayern Munich
Anderlecht v Celtic
Qarabag v Roma (8pm)
Atletico Madrid v Chelsea
Juventus v Olympiakos
Sporting Lisbon v Barcelona

Marathon results

Men:

 1. Titus Ekiru(KEN) 2:06:13 

2. Alphonce Simbu(TAN) 2:07:50 

3. Reuben Kipyego(KEN) 2:08:25 

4. Abel Kirui(KEN) 2:08:46 

5. Felix Kemutai(KEN) 2:10:48  

Women:

1. Judith Korir(KEN) 2:22:30 

2. Eunice Chumba(BHR) 2:26:01 

3. Immaculate Chemutai(UGA) 2:28:30 

4. Abebech Bekele(ETH) 2:29:43 

5. Aleksandra Morozova(RUS) 2:33:01  

UAE squad to face Ireland

Ahmed Raza (captain), Chirag Suri (vice-captain), Rohan Mustafa, Mohammed Usman, Mohammed Boota, Zahoor Khan, Junaid Siddique, Waheed Ahmad, Zawar Farid, CP Rizwaan, Aryan Lakra, Karthik Meiyappan, Alishan Sharafu, Basil Hameed, Kashif Daud, Adithya Shetty, Vriitya Aravind

MATCH INFO

Alaves 1 (Perez 65' pen)

Real Madrid 2 (Ramos 52', Carvajal 69')

Other workplace saving schemes
  • The UAE government announced a retirement savings plan for private and free zone sector employees in 2023.
  • Dubai’s savings retirement scheme for foreign employees working in the emirate’s government and public sector came into effect in 2022.
  • National Bonds unveiled a Golden Pension Scheme in 2022 to help private-sector foreign employees with their financial planning.
  • In April 2021, Hayah Insurance unveiled a workplace savings plan to help UAE employees save for their retirement.
  • Lunate, an Abu Dhabi-based investment manager, has launched a fund that will allow UAE private companies to offer employees investment returns on end-of-service benefits.
GAC GS8 Specs

Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

Torque: 400Nm at 1,750-4,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

On sale: Now

Price: From Dh149,900

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

Frida%20
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3ECarla%20Gutierrez%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Frida%20Kahlo%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
WOMAN AND CHILD

Director: Saeed Roustaee

Starring: Parinaz Izadyar, Payman Maadi

Rating: 4/5

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

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.

LAST-16 EUROPA LEAGUE FIXTURES

Wednesday (Kick-offs UAE)

FC Copenhagen (0) v Istanbul Basaksehir (1) 8.55pm

Shakhtar Donetsk (2) v Wolfsburg (1) 8.55pm

Inter Milan v Getafe (one leg only) 11pm

Manchester United (5) v LASK (0) 11pm 

Thursday

Bayer Leverkusen (3) v Rangers (1) 8.55pm

Sevilla v Roma  (one leg only)  8.55pm

FC Basel (3) v Eintracht Frankfurt (0) 11pm 

Wolves (1) Olympiakos (1) 11pm 

EPL's youngest
  • Ethan Nwaneri (Arsenal)
    15 years, 181 days old
  • Max Dowman (Arsenal)
    15 years, 235 days old
  • Jeremy Monga (Leicester)
    15 years, 271 days old
  • Harvey Elliott (Fulham)
    16 years, 30 days old
  • Matthew Briggs (Fulham)
    16 years, 68 days old
PROFILE OF INVYGO

Started: 2018

Founders: Eslam Hussein and Pulkit Ganjoo

Based: Dubai

Sector: Transport

Size: 9 employees

Investment: $1,275,000

Investors: Class 5 Global, Equitrust, Gulf Islamic Investments, Kairos K50 and William Zeqiri

THE BIO: Mohammed Ashiq Ali

Proudest achievement: “I came to a new country and started this shop”

Favourite TV programme: the news

Favourite place in Dubai: Al Fahidi. “They started the metro in 2009 and I didn’t take it yet.”

Family: six sons in Dubai and a daughter in Faisalabad

 

Disclaimer

Director: Alfonso Cuaron 

Stars: Cate Blanchett, Kevin Kline, Lesley Manville 

Rating: 4/5

The Beach Bum

Director: Harmony Korine

Stars: Matthew McConaughey, Isla Fisher, Snoop Dogg

Two stars

MATCH INFO

AC Milan v Inter, Sunday, 6pm (UAE), match live on BeIN Sports

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.

Part three: an affection for classic cars lives on

Read part two: how climate change drove the race for an alternative 

Read part one: how cars came to the UAE

Updated: October 28, 2022, 6:42 PM