With a war, protests and political upheaval, 2021 has been marked by violent and unexpected events for Israelis and Palestinians.
The darkest month of the year was certainly May, when the Israeli military and Gaza militants fought an 11-day war which had ramifications for people well away from the line of fire.
The conflict was preceded by weeks of protest in occupied East Jerusalem, initially sparked by the Israeli police refusing to allow Palestinians to gather at the Old City’s Damascus Gate during Ramadan.
The rallies coincided with an increase in demonstrations against a lawsuit filed by Israeli settlers to evict Palestinians from their homes in the Sheikh Jarrah neighbourhood. The case is before Israel's Supreme Court, which has yet to issue its decision.
More than 1,000 Palestinians and a few dozen Israeli police officers were wounded in Jerusalem before the war broke out, according to paramedics and police.
Thirteen people in Israel and 261 Gazans were killed during the conflict, UN figures indicate.
Intercommunal violence broke out across Israel. In the West Bank, the UN documented 34 Palestinians killed by Israeli forces during May and one case of a Palestinian killing an Israeli.
The violence followed a landmark report by Human Rights Watch, which accused Israel of the international crime of apartheid against Palestinians. The charge, which the government denies, was also laid by Israeli rights group B'Tselem in January.
While 2021 saw a shift in the language used by NGOs, Israel’s occupation of East Jerusalem and the West Bank, as well as its blockade of Gaza, continued this year without significant policy changes.
Israeli politicians were largely focused on their own internal strife, with March resulting in the fourth inconclusive election in less than two years.
With voters exhausted at the prospect of yet another trip to the polling station, politicians from across the political spectrum united to build an unprecedented coalition.
An Arab-Israeli party entered government for the first time, working alongside left-wing legislators in an eclectic cabinet led by right-wing Prime Minister Naftali Bennett.
They were united by one aim: to oust Benjamin Netanyahu.
After 12 consecutive years in office, the former prime minister was consigned to the opposition in June. Mr Netanyahu’s political misfortunes have played out against the backdrop of his continuing trial on corruption charges that he denies.
While Israel was getting its political house in order, there were hopes at the start of the year that Palestinians would vote for the first time in 15 years.
A symbolic end to the Netanyahu era - in pictures
Legislative elections were slated for May 22, only to be scrapped at the end of April by Palestinian President Mahmoud Abbas. The elderly leader blamed Israel for failing to guarantee voter rights in East Jerusalem, though his detractors claim he feared losing the elections.
The same night the Palestinian president cancelled the vote — April 29 — Israel experienced the worst civilian disaster in the country’s history.
Forty-five people were crushed to death during a Jewish holiday on Mount Meron, in northern Israel, where an estimated 100,000 worshippers had gathered. The new government ordered a state inquiry, which started hearing witnesses in August.
While Mr Bennett’s coalition has been labouring over home affairs, it has also been trying to forge relationships with its closest ally in Washington.
Since taking office in January, US President Joe Biden has sought to reverse some of the controversial policies enacted by his predecessor Donald Trump.
Spyware firm blacklisted
At the end of the year, Israel remained at loggerheads with Washington over its plans to reopen its consulate to the Palestinians in Jerusalem.
Bilateral relations were further strained in November by the US blacklisting Israeli spyware firm NSO, whose technology has allegedly been misused to target activists around the world.
The Palestinians have also been wooing the Biden administration, which in April restored funding to UNRWA, the UN agency for Palestinian refugees.
By the end of December, ties with Washington had largely returned to their pre-Trump norms for both Israelis and Palestinians.
As in the preceding few years, 2021 passed without peace talks.
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
PREMIER LEAGUE FIXTURES
Saturday (UAE kick-off times)
Watford v Leicester City (3.30pm)
Brighton v Arsenal (6pm)
West Ham v Wolves (8.30pm)
Bournemouth v Crystal Palace (10.45pm)
Sunday
Newcastle United v Sheffield United (5pm)
Aston Villa v Chelsea (7.15pm)
Everton v Liverpool (10pm)
Monday
Manchester City v Burnley (11pm)
Arabian Gulf League fixtures:
Friday:
- Emirates v Hatta, 5.15pm
- Al Wahda v Al Dhafra, 5.25pm
- Al Ain v Shabab Al Ahli Dubai, 8.15pm
Saturday:
- Dibba v Ajman, 5.15pm
- Sharjah v Al Wasl, 5.20pm
- Al Jazira v Al Nasr, 8.15pm
MATCH INFO
Borussia Dortmund 0
Bayern Munich 1 (Kimmich 43')
Man of the match: Joshua Kimmich (Bayern Munich)
Ferrari 12Cilindri specs
Engine: naturally aspirated 6.5-liter V12
Power: 819hp
Torque: 678Nm at 7,250rpm
Price: From Dh1,700,000
Available: Now
The President's Cake
Director: Hasan Hadi
Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem
Rating: 4/5
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The specs
Engine: 2.0-litre 4cyl turbo
Power: 261hp at 5,500rpm
Torque: 405Nm at 1,750-3,500rpm
Transmission: 9-speed auto
Fuel consumption: 6.9L/100km
On sale: Now
Price: From Dh117,059
GOLF’S RAHMBO
- 5 wins in 22 months as pro
- Three wins in past 10 starts
- 45 pro starts worldwide: 5 wins, 17 top 5s
- Ranked 551th in world on debut, now No 4 (was No 2 earlier this year)
- 5th player in last 30 years to win 3 European Tour and 2 PGA Tour titles before age 24 (Woods, Garcia, McIlroy, Spieth)
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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.
MATCH INFO
Barcelona v Real Madrid, 11pm UAE
Match is on BeIN Sports
MATCH INFO
Uefa Champions League semi-finals, first leg
Liverpool v Roma
When: April 24, 10.45pm kick-off (UAE)
Where: Anfield, Liverpool
Live: BeIN Sports HD
Second leg: May 2, Stadio Olimpico, Rome
Indika
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Our legal consultants
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
Juliot Vinolia’s checklist for adopting alternate-day fasting
- Don’t do it more than once in three days
- Don’t go under 700 calories on fasting days
- Ensure there is sufficient water intake, as the body can go in dehydration mode
- Ensure there is enough roughage (fibre) in the food on fasting days as well
- Do not binge on processed or fatty foods on non-fasting days
- Complement fasting with plant-based foods, fruits, vegetables, seafood. Cut out processed meats and processed carbohydrates
- Manage your sleep
- People with existing gastric or mental health issues should avoid fasting
- Do not fast for prolonged periods without supervision by a qualified expert
How it works
1) The liquid nanoclay is a mixture of water and clay that aims to convert desert land to fertile ground
2) Instead of water draining straight through the sand, it apparently helps the soil retain water
3) One application is said to last five years
4) The cost of treatment per hectare (2.4 acres) of desert varies from $7,000 to $10,000 per hectare
MOUNTAINHEAD REVIEW
Starring: Ramy Youssef, Steve Carell, Jason Schwartzman
Director: Jesse Armstrong
Rating: 3.5/5