Live updates: Follow the latest news on Israel-Gaza
Arab foreign ministers are in the US capital this week with a clear message to the country that gives the most financial aid to Israel: the West's response to the war in Gaza is unacceptable.
Ahead of a meeting with Secretary of State Antony Blinken on Friday, members of the Arab-Islamic Foreign Ministerial Delegation, including the foreign ministers of Saudi Arabia, Qatar, Jordan and Egypt, made appearances at several Washington think tank events.
Speaking alongside other Arab leaders at the Wilson Centre, Saudi Foreign Minister Prince Faisal bin Farhan addressed the UN Security Council ceasefire resolution vote, in which the US exercised its veto power.
“This is to us unfathomable,” said Prince Faisal.
“In conflicts such as this … where civilian casualties have been far outpacing any justifiable military means, that has always been what the international community has rallied around, to stop the fighting. In this case, why is it not the same?”
Ayman Safadi, Foreign Minister of Jordan, one of Washington's closest regional allies, echoed the strong tone and said the US was propping up a “strategic failure” for Israel and its own regional interests.
Addressing a question to a panel moderator, Mr Safadi asked: “Do you really see any of us [Arab officials] in this environment sitting next to an Israeli minister right now and talking about regional integration or economic co-operation or other issues?
“If you want to help Israel, help it. But you're not helping it by allowing it to continue with an aggression that is going to haunt the whole region for many, many years to come.
“Israel is basically doing whatever it wants, in defiance even of its allies, creating a horrific situation in Gaza, and then it expects all of us to come and clean up its mess. We will not do that.”
Egyptian Foreign Minister Sameh Shoukry added: “There is a double standard being applied to this conflict in terms of acceptance of this scale of human suffering.”
The Israel-Gaza war has put a historically pro-Israel Washington at odds with its Arab partners. The US is the top donor to Israel and “almost all US bilateral aid to Israel is in the form of military assistance”, a March 2023 congressional report said.
In the aftermath of the October 7 Hamas attack on Israel, President Joe Biden's administration moved urgently to approve billions more dollars towards Israeli defences.
The Biden administration has sidestepped questions about whether its ally has violated international law regarding collective punishment of Palestinians in Gaza. Its counter-offensive there has killed more than 17,000 Palestinians so far, according to local officials.
The 2023 congressional report found that “the United States has provided Israel $158 billion (current, or noninflation-adjusted, dollars) in bilateral assistance and missile defence funding”.
Speaking at the Atlantic Council earlier on Friday morning, Mr Shoukry warned that the Global South is “losing confidence in the viability” of western values as the death toll and humanitarian crisis in Gaza intensifies.
“The Global South is looking very carefully at the progression of this conflict and is making comparisons. And I believe that it is losing confidence in the viability of the values that are projected by the Global North,” he said.
“This is a dangerous situation, because it will cause the unravelling of what we consider an important aspect of international relations … If we cannot apply values in a consistent and clear manner, then it all becomes turbulent and the policy is applied in relation to individual perspectives.”
Arab leaders are not alone in their criticism of double standards.
Ahead of the ceasefire vote on Friday, UN Secretary General Antonio Guterres said that Hamas's violent attacks on Israel in October do not “justify the collective punishment” of people in Gaza.
“Some 130 hostages are still held captive. I call for their immediate and unconditional release, as well as their humane treatment and visits from the International Committee of the Red Cross until they are freed,” he said.
“At the same time, the brutality perpetrated by Hamas can never justify the collective punishment of the Palestinian people.”
Israel-Gaza war two months on – in pictures
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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