• Imam Khomeini Spaceport in Semnan, Iran, on June 6, 2021. Objects believed to be a mobile platform, two support vehicles and fuel containers can be seen in this satellite image, provided by Maxar Technologies and annotated by experts at the James Martin Centre for Nonproliferation Studies. AP
    Imam Khomeini Spaceport in Semnan, Iran, on June 6, 2021. Objects believed to be a mobile platform, two support vehicles and fuel containers can be seen in this satellite image, provided by Maxar Technologies and annotated by experts at the James Martin Centre for Nonproliferation Studies. AP
  • A container, possibly for oxidisation; fuel tanks, a vehicle and a mobile platform can be seen in this picture from June 6, provided by Planet Labs. Annotation courtesy of the James Martin Centre for Nonproliferation Studies. AP
    A container, possibly for oxidisation; fuel tanks, a vehicle and a mobile platform can be seen in this picture from June 6, provided by Planet Labs. Annotation courtesy of the James Martin Centre for Nonproliferation Studies. AP
  • What appear to be fuel containers for the first and second stages of the Simorgh launch are shown in this picture by Planet Labs. Annotation courtesy of the James Martin Centre for Nonproliferation Studies. AP
    What appear to be fuel containers for the first and second stages of the Simorgh launch are shown in this picture by Planet Labs. Annotation courtesy of the James Martin Centre for Nonproliferation Studies. AP

Iran plans to launch rocket after 'probable' attempt this month failed


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Iran is likely to have conducted a failed launch of a satellite-carrying rocket and now appears to be preparing to try again.

It is the country’s latest effort to advance its space programme amid tension with the West over its tattered nuclear deal.

Satellite images, a US official and a rocket expert all confirmed the failed launch, earlier this month, at the Imam Khomeini Spaceport in Iran’s Semnan province.

Iran’s space programme has suffered a series of high-profile losses, while its paramilitary Revolutionary Guard runs a parallel programme that launched a satellite into orbit last year.

On Wednesday, Iran’s Telecoms Minister, Mohammad Javad Azari Jahromi, denied there had been a failed satellite launch, but offered no explanation for the activity at the spaceport. Iran’s mission to the UN did not respond to a request for comment.

Satellite photos from Planet Labs and Maxar Technologies show preparations at the spaceport on June 6. Those images include what appear to be fuel tanks alongside a massive white gantry that houses a rocket, while scientists fuel it and prepare for launch. Before the launch, workers tow the gantry away to expose the rocket.

The number of fuel tanks, based on their size, appears to have been enough to fill the first and second stages of an Iranian Simorgh rocket, said Jeffrey Lewis, an expert at the James Martin Centre for Nonproliferation Studies at the Middlebury Institute of International Studies. The Simorgh is a satellite-carrying rocket that has been launched from the same area of the spaceport, he said.

Later satellite images on June 17 showed a decrease in activity at the site. Mr Lewis said analysts believe Iran launched the rocket at some point in that window.

“Nothing had blown up. There wasn’t a giant stain – like they had dumped the fuel – and the vehicles had kind of just moved around,” he said. “The overall level of activity at the site was much lower. So, to our mind, that looked like a launch.”

Air Force Lt Col Uriah Orland, a Pentagon spokesman, said in a statement that “US Space Command is aware of the Iranian rocket launch failure which occurred early June 12”.

He did not elaborate on the failed launch, first reported by CNN.

It wasn’t immediately clear why Iran would have picked June 12 for a launch as Tehran typically schedules such launches for national commemorations. However, it did come in the run-up to Iran’s presidential election last week, in which Iran had hoped to boost turnout.

On Sunday, a new satellite image from Planet Labs showed renewed activity at the site. The image shows a mobile platform previously used to secure a Simorgh rocket at the gantry, a support vehicle seen at previous launches and a new line of fuel containers lined up at the site. Lewis said the equipment suggests that another launch is imminent.

In the past decade, Iran has sent several short-lived satellites into orbit and in 2013 launched a monkey into space. The programme has had recent troubles, however. A failed launch this month would be the fourth in a row for the Simorgh programme. A separate fire at the Imam Khomeini Spaceport in February 2019 also killed three researchers, authorities said at the time.

A rocket explosion in August 2019 drew the attention of president Donald Trump, who later tweeted what appeared to be a classified surveillance image of the launch failure.

The successive failures raised suspicion of outside interference in Iran’s programme, something Mr Trump himself hinted at by tweeting at the time that the US “was not involved in the catastrophic accident”.

But Mr Lewis said such failures are common, especially when trying to put objects carefully into orbit.

Meanwhile, the Guard in April 2020 revealed its own secret space programme by launching a satellite into orbit. The head of the US Space Command later dismissed the satellite as “a tumbling webcam in space” that wouldn’t provide Iran with vital intelligence, though it showed Tehran’s ability to enter orbit.

The launch comes after the landslide victory of Iranian president-elect Ebrahim Raisi, the country’s hardline judiciary chief tied to the mass execution of thousands in 1988.

The vote attracted the lowest turnout in a presidential election since Iran’s 1979 Islamic Revolution.

Mr Raisi will take over from Iran’s outgoing President Hassan Rouhani, a relative moderate who guided Tehran into its 2015 nuclear deal with world powers.

Mr Trump unilaterally withdrew America from the accord in 2018, setting in motion months of tension in the wider Middle East that continues today. Diplomats in Vienna now are negotiating a way for both Iran and the US to re-enter the deal, in which Iran agreed to limit its nuclear enrichment in exchange for the lifting of economic sanctions.

The US has said such satellite launches defy a UN Security Council resolution and called on Iran to undertake no activity related to ballistic missiles capable of delivering nuclear weapons.

Iran, which has long said it does not seek nuclear weapons, previously maintained that its satellite launches and rocket tests do not have a military component. US intelligence agencies and the International Atomic Energy Agency says Iran abandoned an organised military nuclear programme in 2003.

The Simorgh, however, is far too large and too slow to fuel to be a good carrier for a nuclear-tipped weapon, Mr Lewis said.

“It’s a butter knife,” he said. “Could you stab someone with a butter knife? Yeah, but that’s not really the tool.”

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

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Power: 819hp

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The President's Cake

Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

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- 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

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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