Iowa caucus results: Trump wins first nomination contest of 2024 election


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Former US president Donald Trump won the Iowa caucuses on Monday, securing a critical victory in the first nominating contest of the 2024 US presidential election.

"The people of Iowa sent a clear message tonight: Donald Trump will be the next Republican nominee for president," Alex Pfeiffer, communications director for Make America Great Again Inc, said in a statement.

The size of Mr Trump's victory was still to be determined on Monday night, with former UN ambassador Nikki Haley and Florida Governor Ron DeSantis battling for second place.

Although Iowa's delegate share is well short of the more than 1,200 needed to secure the nomination, the nation's first contest is seen as a crucial test as to which candidate can gain momentum heading into the coming weeks and months.

The Iowa caucus essentially becomes, then, a battle for second place. Former UN ambassador Ms Haley and Florida Governor Mr DeSantis have battled each other to become the alternative Republican choice.

Before the race was called, entrance polling conducted by AP showed that a majority of caucus-goers identified with the "Maga movement", in reference to the "Make America Great Again" slogan that Mr Trump began in his 2016 campaign.

Iowa Republicans want more focus on domestic, not foreign policy

Republicans casting their ballot on Monday night generally want the US to be less involved in world affairs, according to findings from AP VoteCast.

Half of the respondents believe the US should be less active in resolving global issues, compared to two in 10 who say the US should be more engaged.

About two thirds of voters also favoured backing Israel in its war against Hamas. Meanwhile, six in 10 opposed giving more aid to Ukraine in its war against Russia.

Most voters found immigration and the economy to be the top issues facing the US today, AP's VoteCast found.

About four in 10 voters believed immigration to be the most important issue, compared to a third who said it was the economy.

A majority of those who found immigration and the economy to be their biggest issue backed Mr Trump in Iowa's caucuses.

What is the Iowa caucus?

During a caucus, Iowa voters will attend events with other voters, where supporters are invited to address the crowd to convince their fellow Iowans of their choice.

The gathering makes caucuses unique to primaries, where voters can head to their local polling place or submit their ballot by mail.

The event also means a caucus can have a lower turnout. And with temperatures expected to dip as low as minus 26°C, campaigns are expecting a lower attendance this year.

“I know it's really cold but I'm asking you, go out and participate in the Iowa caucus," Mr DeSantis said in a video to his supporters.

"You're never going to have an opportunity to have your vote make more of an impact than you will tonight."

Iowa's record as a precursor for the eventual nominee is spotty, particularly in the Republican Party.

George W Bush won the caucus on his way to the presidency in 2000. Mr Trump also won it in 2020, when he was the incumbent.

The race to the nomination

Monday's contest is the first in a months-long process to determine who will be President Joe Biden's challenger in the 2024 election.

To secure the nomination, a candidate must secure a majority of the 2,429 delegates during the primary schedule.

Delegates are people chosen to represent their state's party during the Republican National Convention in July.

Forty delegates will be available to be won in Iowa, which distributes delegates based on the percentage of the vote.

And while it does represent a minuscule amount of the total needed to win the nomination, the Iowa caucus is seen as a major driver for momentum as the process moves on to other early-voting states.

Polling compiled by FiveThirtyEight shows Mr Trump holds sizeable advantages in the early-voting states of New Hampshire, Nevada, South Carolina and Michigan.

  • Former president Donald Trump speaks at a caucus site in Clive, Iowa, on January 15. AP Photo
    Former president Donald Trump speaks at a caucus site in Clive, Iowa, on January 15. AP Photo
  • A man takes part in the Republican presidential caucus, in West Des Moines, Iowa. Reuters
    A man takes part in the Republican presidential caucus, in West Des Moines, Iowa. Reuters
  • People recite the pledge of allegiance at Horizon Events Centre in Clive, Iowa. AP
    People recite the pledge of allegiance at Horizon Events Centre in Clive, Iowa. AP
  • A Trump campaign sign in a snow mound outside the caucus site in Clive. AFP
    A Trump campaign sign in a snow mound outside the caucus site in Clive. AFP
  • Republican presidential candidate and former UN ambassador Nikki Haley is battling for second place in West Des Moines, Iowa. Reuters
    Republican presidential candidate and former UN ambassador Nikki Haley is battling for second place in West Des Moines, Iowa. Reuters
  • A worker checks in voters at a caucus site at the Horizon Events Centre. AFP
    A worker checks in voters at a caucus site at the Horizon Events Centre. AFP
  • A campaign worker makes some final adjustments before former president Donald Trump arrives at a caucus night party in Des Moines. AP
    A campaign worker makes some final adjustments before former president Donald Trump arrives at a caucus night party in Des Moines. AP
  • A campaign staffer member plants signs supporting Ms Haley at Franklin Jr High School in Des Moines. AFP
    A campaign staffer member plants signs supporting Ms Haley at Franklin Jr High School in Des Moines. AFP
  • A woman holds a campaign sign while her husband watches an American football game, as they prepare to hold a caucus at their home in Silver City, Iowa. Reuters
    A woman holds a campaign sign while her husband watches an American football game, as they prepare to hold a caucus at their home in Silver City, Iowa. Reuters
  • A woman holds ballot papers before Republican caucus voters arrive to choose a presidential candidate, in Silver City. Reuters
    A woman holds ballot papers before Republican caucus voters arrive to choose a presidential candidate, in Silver City. Reuters
  • Republican presidential candidate Vivek Ramaswamy talks to a supporter in Cedar Rapids. The Gazette / AP
    Republican presidential candidate Vivek Ramaswamy talks to a supporter in Cedar Rapids. The Gazette / AP
  • Florida Governor Ron DeSantis during a campaign event at Jersey Pub and Grub in Cedar Rapids. Bloomberg
    Florida Governor Ron DeSantis during a campaign event at Jersey Pub and Grub in Cedar Rapids. Bloomberg
  • Mr Trump's son Eric speaks speaks to media before his father's caucus night party at the Iowa Events Centre. AFP
    Mr Trump's son Eric speaks speaks to media before his father's caucus night party at the Iowa Events Centre. AFP
  • Ms Haley tries to win over a voter after speaking during one of her final stops before Iowa's Republican caucus in Newton. AP
    Ms Haley tries to win over a voter after speaking during one of her final stops before Iowa's Republican caucus in Newton. AP
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

Tips for job-seekers
  • Do not submit your application through the Easy Apply button on LinkedIn. Employers receive between 600 and 800 replies for each job advert on the platform. If you are the right fit for a job, connect to a relevant person in the company on LinkedIn and send them a direct message.
  • Make sure you are an exact fit for the job advertised. If you are an HR manager with five years’ experience in retail and the job requires a similar candidate with five years’ experience in consumer, you should apply. But if you have no experience in HR, do not apply for the job.

David Mackenzie, founder of recruitment agency Mackenzie Jones Middle East

Desert Warrior

Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

Company Fact Box

Company name/date started: Abwaab Technologies / September 2019

Founders: Hamdi Tabbaa, co-founder and CEO. Hussein Alsarabi, co-founder and CTO

Based: Amman, Jordan

Sector: Education Technology

Size (employees/revenue): Total team size: 65. Full-time employees: 25. Revenue undisclosed

Stage: early-stage startup 

Investors: Adam Tech Ventures, Endure Capital, Equitrust, the World Bank-backed Innovative Startups SMEs Fund, a London investment fund, a number of former and current executives from Uber and Netflix, among others.

Itcan profile

Founders: Mansour Althani and Abdullah Althani

Based: Business Bay, with offices in Saudi Arabia, Egypt and India

Sector: Technology, digital marketing and e-commerce

Size: 70 employees 

Revenue: On track to make Dh100 million in revenue this year since its 2015 launch

Funding: Self-funded to date

 

The specs: 2018 Audi RS5

Price, base: Dh359,200

Engine: 2.9L twin-turbo V6

Transmission: Eight-speed automatic

Power: 450hp at 5,700rpm

Torque: 600Nm at 1,900rpm

Fuel economy, combined: 8.7L / 100km

WHAT%20MACRO%20FACTORS%20ARE%20IMPACTING%20META%20TECH%20MARKETS%3F
%3Cp%3E%E2%80%A2%20Looming%20global%20slowdown%20and%20recession%20in%20key%20economies%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Russia-Ukraine%20war%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Interest%20rate%20hikes%20and%20the%20rising%20cost%20of%20debt%20servicing%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Oil%20price%20volatility%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Persisting%20inflationary%20pressures%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Exchange%20rate%20fluctuations%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Shortage%20of%20labour%2Fskills%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20A%20resurgence%20of%20Covid%3F%3C%2Fp%3E%0A
BUNDESLIGA FIXTURES

Friday (UAE kick-off times)

Cologne v Hoffenheim (11.30pm)

Saturday

Hertha Berlin v RB Leipzig (6.30pm)

Schalke v Fortuna Dusseldof (6.30pm)

Mainz v Union Berlin (6.30pm)

Paderborn v Augsburg (6.30pm)

Bayern Munich v Borussia Dortmund (9.30pm)

Sunday

Borussia Monchengladbach v Werder Bremen (4.30pm)

Wolfsburg v Bayer Leverkusen (6.30pm)

SC Freiburg v Eintracht Frankfurt (9on)

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

SPECS
%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%201.5-litre%204-cylinder%3Cbr%3E%3Cstrong%3EPower%3A%3C%2Fstrong%3E%20101hp%3Cbr%3E%3Cstrong%3ETorque%3A%3C%2Fstrong%3E%20135Nm%3Cbr%3E%3Cstrong%3ETransmission%3C%2Fstrong%3E%3A%20Six-speed%20auto%3Cbr%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20From%20Dh79%2C900%3Cbr%3E%3Cstrong%3EOn%20sale%3A%3C%2Fstrong%3E%20Now%3C%2Fp%3E%0A
Brown/Black belt finals

3pm: 49kg female: Mayssa Bastos (BRA) v Thamires Aquino (BRA)
3.07pm: 56kg male: Hiago George (BRA) v Carlos Alberto da Silva (BRA)
3.14pm: 55kg female: Amal Amjahid (BEL) v Bianca Basilio (BRA)
3.21pm: 62kg male: Gabriel de Sousa (BRA) v Joao Miyao (BRA)
3.28pm: 62kg female: Beatriz Mesquita (BRA) v Ffion Davies (GBR)
3.35pm: 69kg male: Isaac Doederlein (BRA) v Paulo Miyao (BRA)
3.42pm: 70kg female: Thamara Silva (BRA) v Alessandra Moss (AUS)
3.49pm: 77kg male: Oliver Lovell (GBR) v Tommy Langarkar (NOR)
3.56pm: 85kg male: Faisal Al Ketbi (UAE) v Rudson Mateus Teles (BRA)
4.03pm: 90kg female: Claire-France Thevenon (FRA) v Gabreili Passanha (BRA)
4.10pm: 94kg male: Adam Wardzinski (POL) v Kaynan Duarte (BRA)
4.17pm: 110kg male: Yahia Mansoor Al Hammadi (UAE) v Joao Rocha (BRA

COMPANY PROFILE

Company: Bidzi

● Started: 2024

● Founders: Akshay Dosaj and Asif Rashid

● Based: Dubai, UAE

● Industry: M&A

● Funding size: Bootstrapped

● No of employees: Nine

World record transfers

1. Kylian Mbappe - to Real Madrid in 2017/18 - €180 million (Dh770.4m - if a deal goes through)
2. Paul Pogba - to Manchester United in 2016/17 - €105m
3. Gareth Bale - to Real Madrid in 2013/14 - €101m
4. Cristiano Ronaldo - to Real Madrid in 2009/10 - €94m
5. Gonzalo Higuain - to Juventus in 2016/17 - €90m
6. Neymar - to Barcelona in 2013/14 - €88.2m
7. Romelu Lukaku - to Manchester United in 2017/18 - €84.7m
8. Luis Suarez - to Barcelona in 2014/15 - €81.72m
9. Angel di Maria - to Manchester United in 2014/15 - €75m
10. James Rodriguez - to Real Madrid in 2014/15 - €75m

Blackpink World Tour [Born Pink] In Cinemas

Starring: Rose, Jisoo, Jennie, Lisa

Directors: Min Geun, Oh Yoon-Dong

Rating: 3/5

Bridgerton%20season%20three%20-%20part%20one
%3Cp%3E%3Cstrong%3EDirectors%3A%20%3C%2Fstrong%3EVarious%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Nicola%20Coughlan%2C%20Luke%20Newton%2C%20Jonathan%20Bailey%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E3%2F5%3C%2Fp%3E%0A
Profile box

Company name: baraka
Started: July 2020
Founders: Feras Jalbout and Kunal Taneja
Based: Dubai and Bahrain
Sector: FinTech
Initial investment: $150,000
Current staff: 12
Stage: Pre-seed capital raising of $1 million
Investors: Class 5 Global, FJ Labs, IMO Ventures, The Community Fund, VentureSouq, Fox Ventures, Dr Abdulla Elyas (private investment)

A Bad Moms Christmas
Dir: John Lucas and Scott Moore
Starring: Mila Kunis, Kathryn Hahn, Kristen Bell, Susan Sarandon, Christine Baranski, Cheryl Hines
Two stars

Profile

Name: Carzaty

Founders: Marwan Chaar and Hassan Jaffar

Launched: 2017

Employees: 22

Based: Dubai and Muscat

Sector: Automobile retail

Funding to date: $5.5 million

FIXTURES

Thu Mar 15 – West Indies v Afghanistan, UAE v Scotland
Fri Mar 16 – Ireland v Zimbabwe
Sun Mar 18 – Ireland v Scotland
Mon Mar 19 – West Indies v Zimbabwe
Tue Mar 20 – UAE v Afghanistan
Wed Mar 21 – West Indies v Scotland
Thu Mar 22 – UAE v Zimbabwe
Fri Mar 23 – Ireland v Afghanistan

The top two teams qualify for the World Cup

Classification matches 
The top-placed side out of Papua New Guinea, Hong Kong or Nepal will be granted one-day international status. UAE and Scotland have already won ODI status, having qualified for the Super Six.

Thu Mar 15 – Netherlands v Hong Kong, PNG v Nepal
Sat Mar 17 – 7th-8th place playoff, 9th-10th place play-off

The specs
Engine: 3.6 V6

Transmission: 8-speed auto

Power: 295bhp

Torque: 353Nm

Price: Dh155,000

On sale: now 

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
Updated: January 16, 2024, 5:36 AM