• Algeria is holding legislative elections of 2021 to elect 407 members of the lower house, the People's National Assembly (APN), for a five-year term. EPA
    Algeria is holding legislative elections of 2021 to elect 407 members of the lower house, the People's National Assembly (APN), for a five-year term. EPA
  • Algerian elections staff count ballots for parliamentary elections at a polling station in Bouchaoui, on the western outskirts of the capital Algiers. AFP
    Algerian elections staff count ballots for parliamentary elections at a polling station in Bouchaoui, on the western outskirts of the capital Algiers. AFP
  • Algerian elections staff count ballots for parliamentary elections at a polling station in Bouchaoui, on the western outskirts of the capital Algiers. AFP
    Algerian elections staff count ballots for parliamentary elections at a polling station in Bouchaoui, on the western outskirts of the capital Algiers. AFP
  • Election officials count ballots after the closing of stations in the legislative elections in Algiers, Algeria. EPA
    Election officials count ballots after the closing of stations in the legislative elections in Algiers, Algeria. EPA
  • Initially expected for 2022, the elections are being held early in the context of a revision of the Constitution carried out by referendum in November 2020. EPA
    Initially expected for 2022, the elections are being held early in the context of a revision of the Constitution carried out by referendum in November 2020. EPA
  • Algerian elections staff count ballots for parliamentary elections at a polling station in Bouchaoui, on the western outskirts of the capital Algiers. AFP
    Algerian elections staff count ballots for parliamentary elections at a polling station in Bouchaoui, on the western outskirts of the capital Algiers. AFP
  • Algerian elections staff count ballots for parliamentary elections at a polling station in Bouchaoui, on the western outskirts of the capital Algiers. AFP
    Algerian elections staff count ballots for parliamentary elections at a polling station in Bouchaoui, on the western outskirts of the capital Algiers. AFP
  • Algerian elections staff count ballots for parliamentary elections at a polling station in Bouchaoui, on the western outskirts of the capital Algiers. AFP
    Algerian elections staff count ballots for parliamentary elections at a polling station in Bouchaoui, on the western outskirts of the capital Algiers. AFP
  • Election workers empty a ballot box at the end of voting in the parliamentary election in Algiers. Reuters
    Election workers empty a ballot box at the end of voting in the parliamentary election in Algiers. Reuters
  • Election workers count ballots at the end of voting in the parliamentary election in Algiers. Reuters
    Election workers count ballots at the end of voting in the parliamentary election in Algiers. Reuters

Ruling elite parties claim victory in Algerian elections with 23% turnout


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Algeria's long-dominant National Liberation Front won the most seats at weekend parliamentary elections, it was announced on Tuesday.

But the FLN had a significantly reduced number, following the country's lowest ever turnout of 23 per cent, the electoral board said.

The vote was boycotted by the long-running Hirak protest movement and followed a string of arrests of opposition figures.

There was also a heavy police presence in the capital Algiers to pre-empt any attempts by opposition groups to hold rallies.

It was another missed opportunity for change and democracy

Only 5.6 million of more than 24 million eligible voters lodged a ballot at Saturday's polls, with more than a million invalid votes cast, the ANIE electoral board said in provisional figures.

According to the initial results, the FLN led with 105 out of 407 seats, electoral commission chief Mohamed Chorfi said.

This result is better than expected for the FLN, which emerged from Algeria's long struggle for independence from France in 1962 and was the country's sole party until the first multi-party elections in 1990.
The party of veteran former leader Abdelaziz Bouteflika had been considered moribund after the ailing president resigned under pressure from the army following weeks of mass Hirak protests in early 2019.

If the results are confirmed, the FLN will have lost more than 50 seats and will control just a quarter of the new assembly.

Independents came second with 78 seats, while the Movement of Society for Peace, a moderate Islamist party, came third with 64.

The Democratic National Rally, a traditional ally of the FLN and also linked to Mr Bouteflika's rule, took 57 seats.

Ahead of the official results, the MSP had said its candidates were in the lead in most regions, warning against "numerous efforts to alter the results".

But Mr Chorfi said that "the foundations of this parliament have been built in total freedom and transparency for the people".

Said Salhi, the vice president of the Algerian League for the Defence of Human Rights dismissed the poll.

"The results, unsurprisingly, came from a closed election that was held in a climate of repression.

"It was another missed opportunity for change and democracy," he said.

Louisa Dris-Ait Hamadouche, a political science professor at the University of Algiers, said the record low turnout "shows to what extent this election, like those that preceded it, are not the solution to this crisis".

President Abdelmadjid Tebboune, himself elected on an official turnout of less than 40 per cent in late 2019, had put on a brave face regarding the high rate of abstention and ruined ballots.

"For me, the turnout isn't important. What's important is whether the lawmakers that the people elect have enough legitimacy," Mr Tebboune said on Sunday.

Hirak, which apart from a hiatus due to the coronavirus pandemic had held twice-weekly demonstrations for reform until they were effectively banned last month, had already rejected the polls as a "sham".

After a quota system introduced in 2012 was abolished, Algeria's next parliament will now be almost exclusively male, with only 34 women – out of 8,000 candidates – elected, compared to 146 women in the previous assembly.

Hirak had boycotted the vote, as with a constitutional referendum in November that gave additional powers to the presidency and the army.

But voting day was mainly calm, except in the northern region of Kabylie, where ballot boxes were ransacked and security forces detained dozens of people, rights groups said.

Two prominent journalists detained on the eve of the election were released on Saturday. Khaled Drareni and Ihsane El Kadi condemned their arrests as "arbitrary".

Labour dispute

The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


- Abdullah Ishnaneh, Partner, BSA Law 

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Iftar programme at the Sheikh Mohammed Centre for Cultural Understanding

Established in 1998, the Sheikh Mohammed Centre for Cultural Understanding was created with a vision to teach residents about the traditions and customs of the UAE. Its motto is ‘open doors, open minds’. All year-round, visitors can sign up for a traditional Emirati breakfast, lunch or dinner meal, as well as a range of walking tours, including ones to sites such as the Jumeirah Mosque or Al Fahidi Historical Neighbourhood.

Every year during Ramadan, an iftar programme is rolled out. This allows guests to break their fast with the centre’s presenters, visit a nearby mosque and observe their guides while they pray. These events last for about two hours and are open to the public, or can be booked for a private event.

Until the end of Ramadan, the iftar events take place from 7pm until 9pm, from Saturday to Thursday. Advanced booking is required.

For more details, email openminds@cultures.ae or visit www.cultures.ae

 

UAE players with central contracts

Rohan Mustafa, Ashfaq Ahmed, Chirag Suri, Rameez Shahzad, Shaiman Anwar, Adnan Mufti, Mohammed Usman, Ghulam Shabbir, Ahmed Raza, Qadeer Ahmed, Amir Hayat, Mohammed Naveed and Imran Haider.

Company%C2%A0profile
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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

Lexus LX700h specs

Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor

Power: 464hp at 5,200rpm

Torque: 790Nm from 2,000-3,600rpm

Transmission: 10-speed auto

Fuel consumption: 11.7L/100km

On sale: Now

Price: From Dh590,000

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

Hunger and Fury: The Crisis of Democracy in the Balkans
Jasmin Mujanović, Hurst Publishers

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Mobile phone packages comparison
The bio:

Favourite holiday destination: I really enjoyed Sri Lanka and Vietnam but my dream destination is the Maldives.

Favourite food: My mum’s Chinese cooking.

Favourite film: Robocop, followed by The Terminator.

Hobbies: Off-roading, scuba diving, playing squash and going to the gym.

 

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

Globalization and its Discontents Revisited
Joseph E. Stiglitz
W. W. Norton & Company

Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

Ferrari 12Cilindri specs

Engine: naturally aspirated 6.5-liter V12

Power: 819hp

Torque: 678Nm at 7,250rpm

Price: From Dh1,700,000

Available: Now