People walk in front of an anti-US mural next to the former US embassy in Tehran, Iran. EPA
People walk in front of an anti-US mural next to the former US embassy in Tehran, Iran. EPA
People walk in front of an anti-US mural next to the former US embassy in Tehran, Iran. EPA
People walk in front of an anti-US mural next to the former US embassy in Tehran, Iran. EPA


US-Iran war mongering needs to stop


The National
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June 13, 2025

With regard to the report US prepares to evacuate non-essential staff from Middle East as regional tension flares (June 11) : It appears Trump is declaring war on all fronts. War mongering needs to be taken down a notch. Despite reports of Iran's breach of non-proliferation, Israel and the US have been saying for a while now that Iran is going to drop a nuke at any moment. But they don't have a nuclear bomb, so far. The US and Israel do.

G Simms, Eindhoven, Netherlands

Lebanon needs more than talk of resilience

With regard to Jamie Prentis's article Nawaf Salam pledges to build 'Lebanon 3.0' but warns citizens' resilience alone will not fix country (June 10): Mr Salam’s pledge to rebuild Lebanon reflects a strong desire to restore the country’s former glory. His appeal to the Lebanese people was powerful and honest. He made it clear that resilience alone will not be enough to move the country forward. There must also be structural reforms, good governance and collective national effort.

Lebanon is a land of rich history, natural beauty and deep cultural heritage. For decades, it stood as a beacon of diversity and cosmopolitanism in the region. Mr Salam's commitment to recovery and renewal signals hope and a vision for the country’s future.

Whether Lebanon can regain its former charm remains to be seen. But this renewed leadership and realism offer a much-needed starting point.

K Ragavan, Bengaluru, India

Displacement in Sudan

With reference to Hamza Hendawi's report Number of refugees who have fled Sudan war passes four million, UN agency says (June 3): The Sudan war exposes yet again the reality of manmade conflicts, and how they affect the lives of common people.

Children and women certainly are the worst off in such a massive exodus from countries that have been severely affected by internal conflicts. They are suffering due to a lack of food, shelter and other basic needs.

The latest displacement figure is shocking. It's a sad reality that there seems to be little the UN or any other country can do to resolve the issue between the national army and the paramilitary Rapid Support Forces.

Leadership failures make this more complicated. Often, heads of war-torn countries do not learn from past mistakes but continue to be motivated by personal agendas and benefits. Sudan, unfortunately, is not the only country that has been severely affected because of poor choices made by the leaders. It would appear that only rational thinking can put an end to the crisis.

Ramachandran Nair, Kerala, India

The biog

Favourite Emirati dish: Fish machboos

Favourite spice: Cumin

Family: mother, three sisters, three brothers and a two-year-old daughter

World record transfers

1. Kylian Mbappe - to Real Madrid in 2017/18 - €180 million (Dh770.4m - if a deal goes through)
2. Paul Pogba - to Manchester United in 2016/17 - €105m
3. Gareth Bale - to Real Madrid in 2013/14 - €101m
4. Cristiano Ronaldo - to Real Madrid in 2009/10 - €94m
5. Gonzalo Higuain - to Juventus in 2016/17 - €90m
6. Neymar - to Barcelona in 2013/14 - €88.2m
7. Romelu Lukaku - to Manchester United in 2017/18 - €84.7m
8. Luis Suarez - to Barcelona in 2014/15 - €81.72m
9. Angel di Maria - to Manchester United in 2014/15 - €75m
10. James Rodriguez - to Real Madrid in 2014/15 - €75m

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The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.

Part three: an affection for classic cars lives on

Read part two: how climate change drove the race for an alternative 

Read part one: how cars came to the UAE

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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

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What can victims do?

Always use only regulated platforms

Stop all transactions and communication on suspicion

Save all evidence (screenshots, chat logs, transaction IDs)

Report to local authorities

Warn others to prevent further harm

Courtesy: Crystal Intelligence

Name: Peter Dicce

Title: Assistant dean of students and director of athletics

Favourite sport: soccer

Favourite team: Bayern Munich

Favourite player: Franz Beckenbauer

Favourite activity in Abu Dhabi: scuba diving in the Northern Emirates 

 

Updated: June 15, 2025, 7:00 AM