"There is a big difference between modest clothing as required by religion and the black shroud invented by some cultures"     Fayez Nureldine / AFP
"There is a big difference between modest clothing as required by religion and the black shroud invented by some cultures" Fayez Nureldine / AFP

Kudos to Saudi Arabia for its transformative reforms



In reference to your article Saudi cleric says abaya no longer necessary for women (February 10): there is a big difference between modest clothing as required by religion and the black garment worn in some cultures. Just look at old photos and you will see people wearing national costumes which were colourful and practical yet very modest.

Aziza Al Busaidy, Dubai

Kudos to Crown Prince Mohammed Bin Salman, who is reforming the country and its laws. A big thumbs up to Saudi Arabia's Vision 2030. And maybe with these steps the old (nearly forgotten) traditional fashion of Saudi Arabia, which was rich and colourful, will be revived and become visible once again in the streets of Riyadh. How beautiful that would be.

Sabine Balve, Abu Dhabi

The Korean summit could lead to a thaw in relations

I refer to your news item North Korea's Kim invites South's president to Pyongyang (February 10). This is wonderful news indeed. The inter-Korean summit could lead to some peace or even a thaw in the region. Kim Yo-jong, the sister of North Korean leader Kim Jong-un, should persuade her brother to give up his sabre-rattling ways and focus on improving the economic lot of his people. Then he will be blessed and loved by his people. Even US president Donald Trump might shake hands with him.

Rajendra Aneja, Dubai

The unacceptable toll of militancy in Kashmir

With reference to your article Kashmir gun battle rages  between Indian soldiers and militants (February 11), the recent attack by militants in Indian Kashmir that took nine lives  was sad.The clash between the Indian army soldiers and militants resulted in this death toll. Three militants were also killed. Crossing the line of control that separates Kashmir by Pakistan-based militants is unacceptable. Indian armed forces in the border area are facing a nightmare every single day. When will the militants stop such brutal attacks?

K Ragavan, Bangalore

South Africa can serve as a role model for the continent

South Africa often takes pride of place among the countries of the world today, punching above its weight on numerous international forums. Yes, we have challenges facing us, such as HIV and Aids, violent crime, poverty and unemployment. But South Africa is now widely regarded as Africa's best hope, both politically and economically. There is widespread recognition in numerous quarters that the country simply has to succeed so that it can serve as a role model and engine for lifting up the African continent. A successful South Africa would serve as a powerful beacon of hope and show what is possible if a country adheres to democracy, sound economic management and good governance. The decisions we take as a nation will set the tone for the serious conversation we will need to have on our progress as a country, a people and a democracy, in 2018 and beyond.

Samaoen Osman, South Africa

THE SPECS

Engine: 6.75-litre twin-turbocharged V12 petrol engine 

Power: 420kW

Torque: 780Nm

Transmission: 8-speed automatic

Price: From Dh1,350,00

On sale: Available for preorder now

COMPANY%20PROFILE%20
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3EAlmouneer%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202017%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Dr%20Noha%20Khater%20and%20Rania%20Kadry%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EEgypt%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%20%3C%2Fstrong%3E120%3Cbr%3E%3Cstrong%3EInvestment%3A%20%3C%2Fstrong%3EBootstrapped%2C%20with%20support%20from%20Insead%20and%20Egyptian%20government%2C%20seed%20round%20of%20%3Cbr%3E%243.6%20million%20led%20by%20Global%20Ventures%3Cbr%3E%3C%2Fp%3E%0A
Business Insights
  • As per the document, there are six filing options, including choosing to report on a realisation basis and transitional rules for pre-tax period gains or losses. 
  • SMEs with revenue below Dh3 million per annum can opt for transitional relief until 2026, treating them as having no taxable income. 
  • Larger entities have specific provisions for asset and liability movements, business restructuring, and handling foreign permanent establishments.