Yousef Al Otaiba, the UAE's ambassador to the US, spoke on MSNBC's Morning Joe on Tuesday. Bloomberg
Yousef Al Otaiba, the UAE's ambassador to the US, spoke on MSNBC's Morning Joe on Tuesday. Bloomberg
Yousef Al Otaiba, the UAE's ambassador to the US, spoke on MSNBC's Morning Joe on Tuesday. Bloomberg
Yousef Al Otaiba, the UAE's ambassador to the US, spoke on MSNBC's Morning Joe on Tuesday. Bloomberg

Countering extremism is one of the UAE's main values, Al Otaiba says


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Yousef Al Otaiba, the UAE's ambassador to the US, spoke on a morning television show on Tuesday to discuss the recent launch of the Manara Centre, a platform that promotes coexistence and the countering of extremist ideologies.

Mr Al Otaiba was joined by Jonathan Greenblatt, chief executive of the Anti-Defamation League, a Jewish civil rights group that has joined forces with the UAE on the initiative.

“The ADL obviously focuses rightly on the increasingly anti-Semitism in the US and around the world,” Mr Al Otaiba said on MSNBC's Morning Joe.

“We have the same problem when it comes to extremism, hate speech, incitement – we don't think enough was being done about it, quite honestly, until it becomes a terrorism problem until it becomes Daesh or ISIS.”

The Manara Centre was officially launched on March 14 and is focused on educational programmes, including building relationships with universities in the Middle East and South-East Asia, as well as providing specialised training for university students and young people.

“Ignorance is the enemy of all of us and leaders who promote ignorance and who promote intolerance are dangerous,” Mr Greenblatt said.

“We fight extremism and hate by bringing together college students by bringing together young people for conferences, exchanges, that people-to-people connections, how we fight anti-Semitism and Islamophobia and all forms of prejudice – that's what we'll do with the Manara,” he said.

Mr Al Otaiba's comments come as the UAE takes on the presidency of the UN Security Council during the month of June.

He said the nation's “signature event” will take place on Wednesday, when the UAE will present a resolution co-sponsored with the UK that is aimed at addressing extremism.

“It's a very, very important part of who we are,” Mr Al Otaiba said. “It's one of our main values, and we're going to continue to address it around the world whenever we can and wherever we can.”

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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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Catchweight 82kg
Piotr Kuberski (POL) beat Ahmed Saeb (IRQ) by decision.

Women’s bantamweight
Corinne Laframboise (CAN) beat Cornelia Holm (SWE) by unanimous decision.

Welterweight
Omar Hussein (PAL) beat Vitalii Stoian (UKR) by unanimous decision.

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Josh Togo (LEB) beat Ali Dyusenov (UZB) by unanimous decision.

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Catchweight 80kg​​​​​​​
Seb Eubank (GBR) beat Emad Hanbali (SYR) KO round 1.

Lightweight
Mohammad Yahya (UAE) beat Ramadan Noaman (EGY) TKO round 2.

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Alan Omer (GER) beat Reydon Romero (PHI) submission 1.

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Juho Valamaa (FIN) beat Ahmed Labban (LEB) by unanimous decision.

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Elias Boudegzdame (ALG) beat Austin Arnett (USA) by unanimous decision.

Super heavyweight
Maciej Sosnowski (POL) beat Ibrahim El Sawi (EGY) by submission round 1.

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The National Archives, Abu Dhabi

Founded over 50 years ago, the National Archives collects valuable historical material relating to the UAE, and is the oldest and richest archive relating to the Arabian Gulf.

Much of the material can be viewed on line at the Arabian Gulf Digital Archive - https://www.agda.ae/en

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Updated: June 13, 2023, 3:45 PM