Washington // Hundreds of thousands of women staged protests in America's capital and cities across the country and the world on Saturday in a show of defiance against Donald Trump a day after he took office as president of the United States.
City officials said they were expecting half a million people to join the protest in Washington, doubling their estimates as women arrived by bus and overcrowded subway trains to rally on Independence Avenue, at the heart of the US capital.
The turnout for the Women's March on Washington was thought to have eventually matched - and even surpassed - the 800,000 that the District of Columbia officials estimated attended Mr Trump's inauguration on Friday.
The gathering crowds created a sea of pink hats and brought the city to a standstill in an unprecedented display of opposition to a new president. In Washington and Chicago, the crowds grew so vast that marching became impossible.
America Ferrera, the actress, addressed the crowd gathered in Washington.
"We reject the demonisation of our Muslim brothers and sisters," she said. "We condemn the systemic murder and incarceration of our black brothers and sisters. We will not ask our LGBT families to go backwards. We will not go from being a nation of immigrants to a nation of ignorance.
"We won't build walls and we won't see the worst in each other."
Filmmaker Michael Moore and actress Scarlet Johannsson were among those who addressed the crowd in Washington.
The women's march received support from Hillary Clinton, the candidate Mr Trump defeated. She thanked the protesters on Twitter "for standing, speaking and marching for our values." Several Democratic members of Congress attended the Washington march. President Trump also got a glimpse of the protesters from the window of his limousine as he returned to the White House from a prayer service.
Some marchers wore "Nasty woman" T-shirts, quoting one of Mr Trump's own comments about women.
They carried banners that covered the full range of concerns about the new president, from defending ObamaCare and abortion rights to protecting the environment.
Many had never marched before but said they were intent on showing the world - and perhaps reminding themselves - that "Trump was not America," as one put it. The result was as much a celebration of diversity as a display of opposition.
Temple McDowell, a former Miss Utah who alleged Mr Trump kissed her without consent in the 1997 Miss USA pageant, explained that she wanted to stand up for victims of abuse everywhere.
"It's not right for anyone, let alone the president, to speak about nor treat women in the way that he has.," she said.
Organisers of the Saturday protests said women were gathering for nearly 700 sister marches, in every American state and on every continent, including Antarctica, where a group of 30 women and supportive men from an expedition ship staged a march in Paradise Bay - accompanied by gentoo penguins.
Linda Zunas, an analytics and market researcher from Oakland, California, who organised the Antarctica march said, " I spent a month after the election mourning the impending damage to the earth that will be done. I felt I needed o do something to be part of the global movement."
The actual marching had to be brief to limit any environmental damage but there was a note of humour injected into the serious message, with placards saying, "Penguins for peace' and "Cormorants for climate".
In New York, women, men and children of all ages massed on the streets chanting anti-Trump slogans. Jeanette Lee, a mother of three daughters, took an hour-long train ride to join the march in Manhattan.
"It's important to be here because of my daughters. I want to teach them that if they want change, they need to be out there making that change."
At 71, Valerie Levenstein is a veteran of many political marches. "I am old but I want to make sure that young women and men realise this is their country and future, and it may have been a little apathy on their part that allowed for this election to go this way," she said. "Trump is the president and it is over now but the congress and the senate will vote for his proposals which are odious. Coming out in protest is going to make the congressmen and senators who are up for election in just two years pay attention to these people and their demands,."
From around the world they came, many wearing pink hats which have become a symbol of their protest.
As the sun moved westward around the globe, women gathered, united in their disapproval of the new US president his more distasteful utterances, including disparaging comments from his campaign about the disabled, ethnic minorities and women.
Worldwide some 673 "sister marches" were planned for Saturday, in addition to the protest in Washington DC, with more than two million expected to attend. Although protests at inaugurations in the United States are not uncommon, only the inauguration of Richard Nixon in 1968 - as the United States fought an unpopular war in Vietnam - has drawn such a strong reaction worldwide.
The day of protest began in New Zealand, where 2,000 people marched in four cities. In Sydney, Australia's largest city, 3,000 people - women and men - marched to the US consulate, bearing placards with slogans such as, "Feminism is my Trump card" and "Fight like a girl".
"We're marching to protest the hate speech, the hateful rhetoric, the misogyny, the bigotry, the xenophobia and we want to present a united voice with women around the globe," organiser Mindy Freiband said. Another 5,000 rallied in Melbourne.
In Tokyo, American expatriates and Japanese marched together. "Trump presidency gets my blood boiling ... Everything we value could be gone. It's time to speak your mind and to do our best to salvage the values we cherish in America," said Bill Scholer, an art teacher.
In Manila, they started even earlier, rallying for an hour outside the US embassy on Friday, inauguration day. American expatriates in Yangon, Myanmar, held a "solidarity picnic".
In Prague, hundreds braved the freezing weather in the Czech capital to gather in a busy city square, waving portraits of president Trump and Russia's Vladimir Putin and banners that read, "This is just the beginning".
They marched in London, Berlin, Copenhagen and in Paris, where thousands, including many expat American workers and students, marched to the iconic Eiffel Tower, singing and carrying posters saying, "We have our eyes on you Mr. Trump," and "With our sisters in Washington."
Anne Tiracchia, from Stroudsburg, Pennsylvania, was on holiday in Paris visiting her son. "It's important because Trump wants to destroy 50 years of progress, he wants to go back to smoke coming out of factories and women staying home and having babies," she said. "He won't change. He doesn't care. But we have to show we don't agree with him".
In Concord, New Hampshire, novelist Jodi Picoult told the crowd, "We in New Hampshire are not in the habit of going in reverse. We have the backs of those who are less fortunate - who may be struggling for health care, for environmental rights, for racial equality, for a fair wage, for justice. We are in this together. And we know that change does not come from the top down, but from the bottom up."
* With additional reporting by Zainab Sultan in New York
Sarfira
Director: Sudha Kongara Prasad
Starring: Akshay Kumar, Radhika Madan, Paresh Rawal
Rating: 2/5
The Byblos iftar in numbers
29 or 30 days – the number of iftar services held during the holy month
50 staff members required to prepare an iftar
200 to 350 the number of people served iftar nightly
160 litres of the traditional Ramadan drink, jalab, is served in total
500 litres of soup is served during the holy month
200 kilograms of meat is used for various dishes
350 kilograms of onion is used in dishes
5 minutes – the average time that staff have to eat
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
PROFILE OF INVYGO
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Water waste
In the UAE’s arid climate, small shrubs, bushes and flower beds usually require about six litres of water per square metre, daily. That increases to 12 litres per square metre a day for small trees, and 300 litres for palm trees.
Horticulturists suggest the best time for watering is before 8am or after 6pm, when water won't be dried up by the sun.
A global report published by the Water Resources Institute in August, ranked the UAE 10th out of 164 nations where water supplies are most stretched.
The Emirates is the world’s third largest per capita water consumer after the US and Canada.
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.
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
Fund-raising tips for start-ups
Develop an innovative business concept
Have the ability to differentiate yourself from competitors
Put in place a business continuity plan after Covid-19
Prepare for the worst-case scenario (further lockdowns, long wait for a vaccine, etc.)
Have enough cash to stay afloat for the next 12 to 18 months
Be creative and innovative to reduce expenses
Be prepared to use Covid-19 as an opportunity for your business
* Tips from Jassim Al Marzooqi and Walid Hanna
Ways to control drones
Countries have been coming up with ways to restrict and monitor the use of non-commercial drones to keep them from trespassing on controlled areas such as airports.
"Drones vary in size and some can be as big as a small city car - so imagine the impact of one hitting an airplane. It's a huge risk, especially when commercial airliners are not designed to make or take sudden evasive manoeuvres like drones can" says Saj Ahmed, chief analyst at London-based StrategicAero Research.
New measures have now been taken to monitor drone activity, Geo-fencing technology is one.
It's a method designed to prevent drones from drifting into banned areas. The technology uses GPS location signals to stop its machines flying close to airports and other restricted zones.
The European commission has recently announced a blueprint to make drone use in low-level airspace safe, secure and environmentally friendly. This process is called “U-Space” – it covers altitudes of up to 150 metres. It is also noteworthy that that UK Civil Aviation Authority recommends drones to be flown at no higher than 400ft. “U-Space” technology will be governed by a system similar to air traffic control management, which will be automated using tools like geo-fencing.
The UAE has drawn serious measures to ensure users register their devices under strict new laws. Authorities have urged that users must obtain approval in advance before flying the drones, non registered drone use in Dubai will result in a fine of up to twenty thousand dirhams under a new resolution approved by Sheikh Hamdan bin Mohammed, Crown Prince of Dubai.
Mr Ahmad suggest that "Hefty fines running into hundreds of thousands of dollars need to compensate for the cost of airport disruption and flight diversions to lengthy jail spells, confiscation of travel rights and use of drones for a lengthy period" must be enforced in order to reduce airport intrusion.
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