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Hopes for an Israeli emergency unity government were rising on Wednesday after Prime Minister Benjamin Netanyahu met former defence minister Benny Gantz, head of the opposition National Unity party.
Both sides were "finalising the details", Mr Gantz's office said in a statement without elaborating.
Prime Minister Netanyahu's coalition has agreed to form an emergency unity government with opposition politicians after the deadliest Palestinian militant attack in Israeli history, his ruling Likud Party said on Tuesday.
The surprise attack by Hamas and allied groups against Israel caused at least 1,200 deaths, mostly civilians, and Israeli retaliatory bombing in Gaza, which has killed at least 850 Palestinians.
The majority of dead on both sides are civilian. Israel on Sunday formally declared a state of war.
The meeting had been delayed during arguments over the role of several far-right ministers in Mr Netanyahu's cabinet, who have been blamed for exacerbating tensions in the occupied West Bank.
The main opposition leaders, former prime minister Yair Lapid and Mr Gantz, had agreed in principle to join a unity government after the surprise attack on Saturday by Hamas, but both have made the exclusion of far-right ministers a condition of a wartime government.
A spokeswoman for Mr Gantz's party said she was optimistic there would be "good news" and that the party would unite with Mr Netanyahu to form an emergency government, but would not elaborate on the terms.
A meeting between Mr Gantz and Mr Netanyahu was scheduled for Tuesday evening but was delayed until Wednesday. The deal to pass an emergency unity government hinges on a formal agreement with Mr Gantz’s National Unity party and a deal is said to be close, according to a source from the party.
Calls for a united emergency government have been growing since the Hamas attack on Saturday. In his speech on Monday night, Mr Netanyahu called for a unity government without preconditions.
Mr Gantz, a former Israeli army chief of staff and defence minister, said he wants a smaller “war cabinet” to be established, including members of his party, but that is on condition far-right members of the current coalition, including National Security Minister Itamar Ben-Gvir and Finance Minister Bezalel Smotrich, are pushed aside.
“"I’m guessing that a number of the fringe ministers such as Itamar Ben-Gvir will not be in the unity government. They may be pushed out or resign because they lose their portfolios. I don’t know about Finance Minister Bezalel Smotrich – he’s on the borderline, as he’s considered to be more competent and more politically realistic even though he’s so ideological,” Gerald Steinberg, professor of political studies at Bar-Ilan University in Tel Aviv, told The National.
On Saturday, just hours after the attack, opposition leader Mr Lapid said he had told Mr Netanyahu that he was willing to put political differences aside and "establish together with him a professional, limited emergency government, which will manage the difficult, complex and protracted campaign before us".
A source close to Mr Lapid's party said that the offer still stood if the emergency government was "narrow and professional", in reference to far-right members of Mr Netanyahu's coalition government.
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.
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Results
2-15pm: Commercial Bank Of Dubai – Conditions (TB) Dh100,000 (Dirt) 1,400m; Winner: Al Habash, Patrick Cosgrave (jockey), Bhupat Seemar (trainer)
2.45pm: Al Shafar Investment – Handicap (TB) Dh80,000 (D) 1,200m; Winner: Day Approach, Ray Dawson, Ahmad bin Harmash
3.15pm: Dubai Real estate Centre – Handicap (TB) Dh80,000 (D) 1,600m; Winner: Celtic Prince, Richard Mullen, Rashed Bouresly
3.45pm: Jebel Ali Sprint by ARM Holding – Listed (TB) Dh500,000 (D) 1,000m; Winner: Khuzaam, Pat Dobbs, Doug Watson
4.15pm: Shadwell – Conditions (TB) Dh100,000 (D) 1,600m; Winner: Tenbury Wells, Royston Ffrench, Salem bin Ghadayer
4.45pm: Jebel Ali Stakes by ARM Holding – Listed (TB) Dh500,000 (D) 1,950m; Winner: Lost Eden, Andrea Atzeni, Doug Watson
5.15pm: Jebel Ali Racecourse – Handicap (TB) Dh76,000 (D) 1,950m; Winner: Rougher, Pat Dobbs, Doug Watson
Desert Warrior
Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley
Director: Rupert Wyatt
Rating: 3/5
Teachers' pay - what you need to know
Pay varies significantly depending on the school, its rating and the curriculum. Here's a rough guide as of January 2021:
- top end schools tend to pay Dh16,000-17,000 a month - plus a monthly housing allowance of up to Dh6,000. These tend to be British curriculum schools rated 'outstanding' or 'very good', followed by American schools
- average salary across curriculums and skill levels is about Dh10,000, recruiters say
- it is becoming more common for schools to provide accommodation, sometimes in an apartment block with other teachers, rather than hand teachers a cash housing allowance
- some strong performing schools have cut back on salaries since the pandemic began, sometimes offering Dh16,000 including the housing allowance, which reflects the slump in rental costs, and sheer demand for jobs
- maths and science teachers are most in demand and some schools will pay up to Dh3,000 more than other teachers in recognition of their technical skills
- at the other end of the market, teachers in some Indian schools, where fees are lower and competition among applicants is intense, can be paid as low as Dh3,000 per month
- in Indian schools, it has also become common for teachers to share residential accommodation, living in a block with colleagues
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
APPLE IPAD MINI (A17 PRO)
Display: 21cm Liquid Retina Display, 2266 x 1488, 326ppi, 500 nits
Chip: Apple A17 Pro, 6-core CPU, 5-core GPU, 16-core Neural Engine
Storage: 128/256/512GB
Main camera: 12MP wide, f/1.8, digital zoom up to 5x, Smart HDR 4
Front camera: 12MP ultra-wide, f/2.4, Smart HDR 4, full-HD @ 25/30/60fps
Biometrics: Touch ID, Face ID
Colours: Blue, purple, space grey, starlight
In the box: iPad mini, USB-C cable, 20W USB-C power adapter
Price: From Dh2,099
Groom and Two Brides
Director: Elie Semaan
Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla
Rating: 3/5
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Jeff Buckley: From Hallelujah To The Last Goodbye
By Dave Lory with Jim Irvin