• Hawaii Governor Josh Green, centre, speaks to reporters during a tour of wildfire damage in Lahaina, Hawaii. AP
    Hawaii Governor Josh Green, centre, speaks to reporters during a tour of wildfire damage in Lahaina, Hawaii. AP
  • A church service at King's Cathedral in Kahului on the island of Maui, Hawaii. AP
    A church service at King's Cathedral in Kahului on the island of Maui, Hawaii. AP
  • Volunteers load supplies on to a boat bound for West Maui at the Kihei boat landing. AP
    Volunteers load supplies on to a boat bound for West Maui at the Kihei boat landing. AP
  • A tree, uprooted by high winds, rests on the ground as a Maui County firefighter extinguishes a fire. AFP
    A tree, uprooted by high winds, rests on the ground as a Maui County firefighter extinguishes a fire. AFP
  • Donated clothes pile up in Lahaina. AP
    Donated clothes pile up in Lahaina. AP
  • An American Red Cross worker stands at the entrance of the War Memorial Stadium, which is being used as a shelter for displaced Lahaina inhabitants in Kahului. EPA
    An American Red Cross worker stands at the entrance of the War Memorial Stadium, which is being used as a shelter for displaced Lahaina inhabitants in Kahului. EPA
  • Kamuela Kawaakoa, 34, and his six-year-old son, stand under a tarpaulin with donations for those affected by the wildfire. AFP
    Kamuela Kawaakoa, 34, and his six-year-old son, stand under a tarpaulin with donations for those affected by the wildfire. AFP
  • Hawaii stevedores and other volunteers prepare donations in Hawaii. Reuters
    Hawaii stevedores and other volunteers prepare donations in Hawaii. Reuters
  • The Ganer family survey the ruins of their home on Malolo Place, western Maui, Hawaii, after a wildfire that killed 67 people. AFP
    The Ganer family survey the ruins of their home on Malolo Place, western Maui, Hawaii, after a wildfire that killed 67 people. AFP
  • Damage to Lahaina on Maui island, Hawaii, on August 11, 2023, after a wildfire. AP
    Damage to Lahaina on Maui island, Hawaii, on August 11, 2023, after a wildfire. AP
  • Damage to Kula in the Upcountry region of Maui island, Hawaii, after a wildfire. AP
    Damage to Kula in the Upcountry region of Maui island, Hawaii, after a wildfire. AP
  • Lahaina on Maui island, Hawaii, after the wildfire. AP
    Lahaina on Maui island, Hawaii, after the wildfire. AP
  • Burnt grasslands in the Upcountry region of Maui island extend almost as far as the eye can see. AP
    Burnt grasslands in the Upcountry region of Maui island extend almost as far as the eye can see. AP
  • A wildfire burns in Kihei, Hawaii. Thousands of residents raced to escape homes on Maui as blazes swept across the island. AP Photo
    A wildfire burns in Kihei, Hawaii. Thousands of residents raced to escape homes on Maui as blazes swept across the island. AP Photo
  • Waiola Church and the adjacent Hongwanji Mission are engulfed in Lahaina. AP
    Waiola Church and the adjacent Hongwanji Mission are engulfed in Lahaina. AP
  • Smoke and flames have become a familiar sight across Maui. AP
    Smoke and flames have become a familiar sight across Maui. AP
  • Several communities were forced to evacuate as the dry season and strong winds made for dangerous fire conditions. AP
    Several communities were forced to evacuate as the dry season and strong winds made for dangerous fire conditions. AP
  • Passengers try to rest at Kahului Airport as they leave Maui. AFP
    Passengers try to rest at Kahului Airport as they leave Maui. AFP
  • Flights off the island were delayed and cancelled leaving thousands of passengers were stranded at Kahului Airport. AFP
    Flights off the island were delayed and cancelled leaving thousands of passengers were stranded at Kahului Airport. AFP
  • This handout videograb courtesy of Richard Olsten shows smoke billowing from destroyed buildings in Maui. AFP
    This handout videograb courtesy of Richard Olsten shows smoke billowing from destroyed buildings in Maui. AFP
  • Smoke rises above Lahaina in this handout photo courtesy of Carter Barto via Facebook. AFP
    Smoke rises above Lahaina in this handout photo courtesy of Carter Barto via Facebook. AFP
  • Smoke billows as wildfires driven by high winds destroy a large part of Lahaina. Reuters
    Smoke billows as wildfires driven by high winds destroy a large part of Lahaina. Reuters
  • Boats docked at Lahaina as smoke streams from wildfires in the Hawaii town in Maui. Reuters
    Boats docked at Lahaina as smoke streams from wildfires in the Hawaii town in Maui. Reuters
  • Smoke obscures the old Lahaina courthouse. Reuters
    Smoke obscures the old Lahaina courthouse. Reuters
  • A boat burns off the scorched waterfront after wildfires fanned by the winds of a distant hurricane spread. Reuters
    A boat burns off the scorched waterfront after wildfires fanned by the winds of a distant hurricane spread. Reuters
  • Wildfires are destroying one of the most popular tourist areas in Hawaii. Reuters
    Wildfires are destroying one of the most popular tourist areas in Hawaii. Reuters
  • People watch as smoke and flames fill the air from raging wildfires on Front Street in downtown Lahaina, Maui on Tuesday, Aug. 8, 2023. Maui officials say wildfire in the historic town has burned parts of one of the most popular tourist areas in Hawaii. County of Maui spokesperson Mahina Martin said in a phone interview early Wednesday says fire was widespread in Lahaina, including Front Street, an area of the town popular with tourists. (Alan Dickar via AP
    People watch as smoke and flames fill the air from raging wildfires on Front Street in downtown Lahaina, Maui on Tuesday, Aug. 8, 2023. Maui officials say wildfire in the historic town has burned parts of one of the most popular tourist areas in Hawaii. County of Maui spokesperson Mahina Martin said in a phone interview early Wednesday says fire was widespread in Lahaina, including Front Street, an area of the town popular with tourists. (Alan Dickar via AP
  • People wait on the side of the road to return to west Maui after evacuations were ordered. Reuters
    People wait on the side of the road to return to west Maui after evacuations were ordered. Reuters
  • Wildfires are seen across Maalaea Harbour. Reuters
    Wildfires are seen across Maalaea Harbour. Reuters
  • At least six people have been killed in Maui, the mayor said. Reuters
    At least six people have been killed in Maui, the mayor said. Reuters

Hawaii wildfires: Dozens killed as flames rage across Maui


  • English
  • Arabic

Wildfires that that have torn across the Hawaiian island of Maui since early on Wednesday have led to at least 36 deaths and thousands fleeing for their lives.

Firefighters were trying to contain the blazes in the tourist hub of West Maui and a mountainous region inland. President Joe Biden pledged federal support for the effort and said he had ordered the military to assist first responders in Hawaii, but weather conditions re hampering the ability to get planes in the air to drop water to quell the fires.

"I have ordered all available federal assets on the islands to help with response," said Mr Biden, after expressing his "deepest condolences" and sending "prayers" to those affected.

The known toll has risen from six to 36 but authorities are yet to have a clear picture of the full extent of loss of life and the damage exacted by the wildfires.

The National Weather Service said the combined forces of a strong high pressure system and winds produced by Hurricane Dora were contributing factors to winds that have also downed power lines, cutting power and making communications very difficult.

Governor Josh Green said: “We have suffered a terrible disaster in the form of a wildfire hat has spread widely as a result of hurricane-force winds in the region and underlying drought conditions.”

A representative for Maui County said it was not clear how many buildings had been destroyed.

“Much of Lahaina on Maui has been destroyed and hundreds of local families have been displaced,” he said.

Mr Green was away on personal travel, AP reported, while acting governor Sylvia Luke issued an emergency proclamation in his absence.

The Governor has been in contact with the White House, and is preparing to request emergency federal assistance sometime in the next two days, his office said in a news release.

“We are closely following the wildfires caused by the strong winds of Hurricane Dora,” Ms Luke said.

“The safety of our residents is paramount, and this emergency proclamation will activate the Hawaii National Guard to support emergency responders in the impacted communities.”

Some residents had also taken to entering the ocean to escape the smoke and fire, Maui County said. They were rescued by the coastguard.

“Heroic efforts by first responders have prevented many casualties from occurring, but some loss of life is expected,” Mr Green said. “Our entire emergency response team, including the Hawaii National Guard has mobilised and is being supported by FEMA [Federal Emergency Management Agency].”

Fema has approved Hawaii's request to declare a disaster and provide federal support to the island.

In one video shared on social media, the fire can be seen raging through a street in the Lahaina city centre.

Two brush fires were also burning in the northern and southern Kohala districts of Hawaii's Big Island, the state said.

Officials are warning that wind, challenging terrain and a drop in humidity have made it difficult to predict the fires' path.

“The fire can be a mile or more from your house, but in a minute or two, it can be at your house,” assistant fire chief Jeff Giesea said on Tuesday.

“Burning airborne materials can light fires a great distance away from the main body of fire.”

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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

AUSTRALIA SQUAD

Aaron Finch, Matt Renshaw, Brendan Doggett, Michael Neser, Usman Khawaja, Shaun Marsh, Mitchell Marsh, Tim Paine (captain), Travis Head, Marnus Labuschagne, Nathan Lyon, Jon Holland, Ashton Agar, Mitchell Starc, Peter Siddle

How to help

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

The Settlers

Director: Louis Theroux

Starring: Daniella Weiss, Ari Abramowitz

Rating: 5/5

UAE currency: the story behind the money in your pockets
Company%C2%A0profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3ELeap%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3EMarch%202021%0D%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Ziad%20Toqan%20and%20Jamil%20Khammu%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3EPre-seed%0D%3Cbr%3E%3Cstrong%3EFunds%20raised%3A%3C%2Fstrong%3E%20Undisclosed%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%20%3C%2Fstrong%3ESeven%3C%2Fp%3E%0A
What is a robo-adviser?

Robo-advisers use an online sign-up process to gauge an investor’s risk tolerance by feeding information such as their age, income, saving goals and investment history into an algorithm, which then assigns them an investment portfolio, ranging from more conservative to higher risk ones.

These portfolios are made up of exchange traded funds (ETFs) with exposure to indices such as US and global equities, fixed-income products like bonds, though exposure to real estate, commodity ETFs or gold is also possible.

Investing in ETFs allows robo-advisers to offer fees far lower than traditional investments, such as actively managed mutual funds bought through a bank or broker. Investors can buy ETFs directly via a brokerage, but with robo-advisers they benefit from investment portfolios matched to their risk tolerance as well as being user friendly.

Many robo-advisers charge what are called wrap fees, meaning there are no additional fees such as subscription or withdrawal fees, success fees or fees for rebalancing.

Ticket prices

General admission Dh295 (under-three free)

Buy a four-person Family & Friends ticket and pay for only three tickets, so the fourth family member is free

Buy tickets at: wbworldabudhabi.com/en/tickets

 

 

Notable Yas events in 2017/18

October 13-14 KartZone (complimentary trials)

December 14-16 The Gulf 12 Hours Endurance race

March 5 Yas Marina Circuit Karting Enduro event

March 8-9 UAE Rotax Max Challenge

COMPANY%20PROFILE%20
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20Haltia.ai%0D%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202023%0D%3Cbr%3E%3Cstrong%3ECo-founders%3A%3C%2Fstrong%3E%20Arto%20Bendiken%20and%20Talal%20Thabet%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%2C%20UAE%0D%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20AI%0D%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%2041%0D%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20About%20%241.7%20million%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Self%2C%20family%20and%20friends%26nbsp%3B%3C%2Fp%3E%0A
Six large-scale objects on show
  • Concrete wall and windows from the now demolished Robin Hood Gardens housing estate in Poplar
  • The 17th Century Agra Colonnade, from the bathhouse of the fort of Agra in India
  • A stagecloth for The Ballet Russes that is 10m high – the largest Picasso in the world
  • Frank Lloyd Wright’s 1930s Kaufmann Office
  • A full-scale Frankfurt Kitchen designed by Margarete Schütte-Lihotzky, which transformed kitchen design in the 20th century
  • Torrijos Palace dome
%3Cp%3E%3Ca%20href%3D%22https%3A%2F%2Fwww.thenationalnews.com%2Fbusiness%2Feconomy%2Fislamic-economy-consumer-spending-to-increase-45-to-3-2tn-by-2024-1.936583%22%20target%3D%22_self%22%3EGlobal%20Islamic%20economy%20to%20grow%203.1%25%20to%20touch%20%242.4%20trillion%20by%202024%3C%2Fa%3E%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3E%3Ca%20href%3D%22https%3A%2F%2Fwww.thenationalnews.com%2Fbusiness%2Feconomy%2Fuk-economy-plunges-into-worst-ever-recession-after-record-20-4-contraction-1.1062560%22%20target%3D%22_self%22%3EUK%20economy%20plunges%20into%20worst-ever%20recession%20after%20record%2020.4%25%20contraction%3C%2Fa%3E%3C%2Fp%3E%0A%3Cp%3E%3Ca%20href%3D%22https%3A%2F%2Fwww.thenationalnews.com%2Fbusiness%2Feconomy%2Fislamic-economy-consumer-spending-to-increase-45-to-3-2tn-by-2024-1.936583%22%20target%3D%22_self%22%3EIslamic%20economy%20consumer%20spending%20to%20increase%2045%25%20to%20%243.2tn%20by%202024%3C%2Fa%3E%3C%2Fp%3E%0A
The%20trailblazers
%3Cp%3ESixteen%20boys%20and%2015%20girls%20have%20gone%20on%20from%20Go-Pro%20Academy%20in%20Dubai%20to%20either%20professional%20contracts%20abroad%20or%20scholarships%20in%20the%20United%20States.%20Here%20are%20two%20of%20the%20most%20prominent.%0D%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EGeorgia%20Gibson%20(Newcastle%20United)%3C%2Fstrong%3E%0D%3Cbr%3EThe%20reason%20the%20academy%20in%20Dubai%20first%20set%20up%20a%20girls%E2%80%99%20programme%20was%20to%20help%20Gibson%20reach%20her%20potential.%20Now%20she%20plays%20professionally%20for%20Newcastle%20United%20in%20the%20UK.%0D%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMackenzie%20Hunt%20(Everton)%3C%2Fstrong%3E%0D%3Cbr%3EAttended%20DESS%20in%20Dubai%2C%20before%20heading%20to%20the%20UK%20to%20join%20Everton%20full%20time%20as%20a%20teenager.%20He%20was%20on%20the%20bench%20for%20the%20first%20team%20as%20recently%20as%20their%20fixture%20against%20Brighton%20on%20February%2024.%0D%3C%2Fp%3E%0A
The team

Videographer: Jear Velasquez 

Photography: Romeo Perez 

Fashion director: Sarah Maisey 

Make-up: Gulum Erzincan at Art Factory 

Models: Meti and Clinton at MMG 

Video assistant: Zanong Maget 

Social media: Fatima Al Mahmoud  

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

'How To Build A Boat'
Jonathan Gornall, Simon & Schuster

UAE currency: the story behind the money in your pockets
Updated: August 11, 2023, 6:36 AM