Hizbollah is not weak. Its current arsenal is larger than it was during the so-called “July 2006 War”, as it has considerably developed its capabilities in what comes across as an arms race with Israel, explained Ghassan Charbel in Thursday’s editorial in the pan-Arab daily Al Hayat. Hizbollah has actually grown stronger.
The July 2006 War ended on the following note: Israel was to refrain from targeting Lebanese territory, while Hizbollah ceased its military operations on Lebanon’s southern border. So far, this agreement has worked as both sides have complied with its requirements.
Following the latest Israeli raid targeting Hizbollah bases, the party stressed that it would retaliate in due time, as such blatant assaults were not only against the party but also against Lebanon. However, the reasons behind this raid are linked to the Syrian crisis rather than to Lebanon itself.
Israel has announced on many occasions what it considers to be the lines that should not be crossed regarding the crisis in Syria. The first concerns any attempt made to transfer weapons that would substantially tip the balance in Hizbollah’s favour. Israel, therefore, attacked a number of targets on Syrian territory.
Hizbollah does not lack the necessary capability to respond to such raids. Its rockets can hit Israel at its core.
Charbal asks: “What if Israel decides to retaliate in turn, leading the situation to escalate? What if Israel decided to enter into war now, throwing sands in the wheels of the US-Iran negotiations? What would be the impact of such war at such time of instability in the region?”
Hizbollah does indeed have the necessary military capabilities to enter into such a war, but its stand in Lebanon today is quite different from what it was in 2006. At least half of the Lebanese representatives do not agree with the tripartite ministerial motto: “People, Army, Resistance”. As for its position in Syria, it is radically different from that of 2006.
In Lebanon and Syria alike, Hizbollah faces two large Sunni groups as it pays a hefty price for its involvement in the Syrian crisis, with a high economic impact of such participation on the Lebanese people. Can the latter sustain the additional burdens from a new confrontation with Israel?
Some believe that the latest Israeli aggression will strengthen the party’s position and right to “resist”.
“The war in Syria will most likely escalate after the slap [Russian president Vladimir] Putin received in Ukraine and some expect it to last for three more years. These are hard times for Hizbollah. It has to take a deep look into its current situation, options and its relations on the Lebanese front,” Charbel concluded.
Ukraine setback may force Russian rethink
The second Geneva conference on Syria was critical in that it proved that the regime there is no longer politically viable or qualified to enter serious negotiations that could lead to an end the ongoing civil war, said the columnist Ali Hamadeh in the Lebanese daily Annahar.
The failed conference also proved that Bashar Al Assad’s regime, along with its Russian and Iranian supporters, are merely buying time while attempting to make tangible gains on the battleground to secure the regime’s continuity.
On the other hand, the liberal opposition, despite its weakness, tried to present itself as a responsible, moderate party – only to be shot down by brutal extremist groups that fight alongside it and distort its image, hence, knowingly or unknowingly, serving the regime’s agenda.
Increased Russian weapons supplies to the Assad regime and dramatic developments in Russia’s backyard in Ukraine suggest that Russia will try to bolster its position in another arena where an international-regional confrontation is taking place: Syria.
“In any event, nothing on the regional and international scenes indicates that the battle in Syria is anyway near the end,” the writer said. “In the meantime, the situation in Lebanon continues to deteriorate”, he added, especially with Hizbollah’s deep involvement in Syria and the rising numbers of Syrian refugees flooding across the border.
Cabinet resignations a ‘cover’ for El Sisi
The resignation of Egyptian prime minister Hazem El Beblawi and his cabinet last week came as a surprise to the whole world, said Mazen Hammad, the columnist in the Qatari daily Al Watan.
Some observers surmised that it was meant to relieve the “real” prime minister, defence minister Field Marshal Abdel Fattah El Sisi, of his ministerial responsibilities and remove the constitutional barrier preventing him from running in presidential elections.
Meanwhile, reports in the Egyptian press suggest that the government didn’t resign of its own volition, but was instructed to do so by interim president Adli Mansour, in agreement with Mr El Sisi, who didn’t want to officially announce his candidacy under a cabinet seen as weak.
“Most analysts in the post-Mubarak era focus on political and human rights issues in Egypt but they fail to give sufficient interest to Egypt’s more pressing economic issues. Under Mr El Beblawi, Egypt has been suffering from shortages in fuel and energy as well as widespread labour strikes,” the writer explained.
Economic institutions in successive political eras have been incapable of providing the basic livelihood requirements for citizens. In light of this, the resignations were “carefully designed” to protect Mr El Sissi.
* Digest compiled by Translation Desk
Translation@thenational.ae
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3ESmartCrowd%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2018%0D%3Cbr%3E%3Cstrong%3EFounder%3A%20%3C%2Fstrong%3ESiddiq%20Farid%20and%20Musfique%20Ahmed%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDubai%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%20%2F%20PropTech%0D%3Cbr%3E%3Cstrong%3EInitial%20investment%3A%20%3C%2Fstrong%3E%24650%2C000%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%3C%2Fstrong%3E%2035%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3ESeries%20A%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EVarious%20institutional%20investors%20and%20notable%20angel%20investors%20(500%20MENA%2C%20Shurooq%2C%20Mada%2C%20Seedstar%2C%20Tricap)%3C%2Fp%3E%0A
Electric scooters: some rules to remember
- Riders must be 14-years-old or over
- Wear a protective helmet
- Park the electric scooter in designated parking lots (if any)
- Do not leave electric scooter in locations that obstruct traffic or pedestrians
- Solo riders only, no passengers allowed
- Do not drive outside designated lanes
Tips to keep your car cool
- Place a sun reflector in your windshield when not driving
- Park in shaded or covered areas
- Add tint to windows
- Wrap your car to change the exterior colour
- Pick light interiors - choose colours such as beige and cream for seats and dashboard furniture
- Avoid leather interiors as these absorb more heat
CHATGPT%20ENTERPRISE%20FEATURES
%3Cp%3E%E2%80%A2%20Enterprise-grade%20security%20and%20privacy%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Unlimited%20higher-speed%20GPT-4%20access%20with%20no%20caps%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Longer%20context%20windows%20for%20processing%20longer%20inputs%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Advanced%20data%20analysis%20capabilities%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Customisation%20options%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Shareable%20chat%20templates%20that%20companies%20can%20use%20to%20collaborate%20and%20build%20common%20workflows%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Analytics%20dashboard%20for%20usage%20insights%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Free%20credits%20to%20use%20OpenAI%20APIs%20to%20extend%20OpenAI%20into%20a%20fully-custom%20solution%20for%20enterprises%3C%2Fp%3E%0A
The specs: 2018 Audi R8 V10 RWS
Price: base / as tested: From Dh632,225
Engine: 5.2-litre V10
Gearbox: Seven-speed automatic
Power: 540hp @ 8,250rpm
Torque: 540Nm @ 6,500rpm
Fuel economy, combined: 12.4L / 100km
The biog
From: Upper Egypt
Age: 78
Family: a daughter in Egypt; a son in Dubai and his wife, Nabila
Favourite Abu Dhabi activity: walking near to Emirates Palace
Favourite building in Abu Dhabi: Emirates Palace
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
Draw
Quarter-finals
Real Madrid (ESP) or Manchester City (ENG) v Juventus (ITA) or Lyon (FRA)
RB Leipzig (GER) v Atletico Madrid (ESP)
Barcelona (ESP) or Napoli (ITA) v Bayern Munich (GER) or Chelsea (ENG)
Atalanta (ITA) v Paris Saint-Germain (FRA)
Ties to be played August 12-15 in Lisbon
Company profile
Name: Dukkantek
Started: January 2021
Founders: Sanad Yaghi, Ali Al Sayegh and Shadi Joulani
Based: UAE
Number of employees: 140
Sector: B2B Vertical SaaS(software as a service)
Investment: $5.2 million
Funding stage: Seed round
Investors: Global Founders Capital, Colle Capital Partners, Wamda Capital, Plug and Play, Comma Capital, Nowais Capital, Annex Investments and AMK Investment Office
COMPANY PROFILE
Name: Lamsa
Founder: Badr Ward
Launched: 2014
Employees: 60
Based: Abu Dhabi
Sector: EdTech
Funding to date: $15 million
The specs
Engine: Direct injection 4-cylinder 1.4-litre
Power: 150hp
Torque: 250Nm
Price: From Dh139,000
On sale: Now
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