North Korean leader Kim Jong-un attends the first day of the 8th Congress of the Workers’ Party in Pyongyang, North Korea. KCNA via Reuters
North Korean leader Kim Jong-un attends the first day of the 8th Congress of the Workers’ Party in Pyongyang, North Korea. KCNA via Reuters
North Korean leader Kim Jong-un attends the first day of the 8th Congress of the Workers’ Party in Pyongyang, North Korea. KCNA via Reuters
North Korean leader Kim Jong-un attends the first day of the 8th Congress of the Workers’ Party in Pyongyang, North Korea. KCNA via Reuters

North Korea threatens to build more nuclear weapons over US 'hostility'


Patrick deHahn
  • English
  • Arabic

North Korean leader Kim Jong-un threatened to expand his country's nuclear arsenal and develop more sophisticated atomic weapons systems, saying the fate of relations with the US depends on whether it abandons its hostile policy.

Mr Kim’s comments, made on Friday during a ruling party meeting, were seen as an effort to apply pressure on the incoming government of president-elect Joe Biden.

The Korean Central News Agency said Saturday that Mr Kim had stated the “key to establishing new relations between (North Korea) and the United States is whether the United States withdraws its hostile policy” towards North Korea.

Mr Kim said he will not use his weapons unless “hostile forces” intend to use their nuclear weapons against North Korea first. He added that North Korea must further strengthen its military and nuclear capability as the danger of a US invasion of North Korea increases.

Mr Kim ordered officials to develop missiles with multiple warheads, submarine-launched nuclear missiles, spy satellites and nuclear-powered submarines.

The Korean Central News Agency said Mr Kim’s order was made during a meeting on Friday of the country’s first ruling party congress in five years.

He said North Korea must also advance the precision attack capability on targets in the 15,000 kilometre striking range, an apparent reference to the US mainland, and develop technology to manufacture smaller, lighter nuclear warheads to be mounted on long-range missiles more easily.

“Nothing would be more foolish and dangerous than not strengthening our might tirelessly and having an easy-going attitude at a time when we clearly see the enemy’s state-of-the-art weapons are being increased more than ever,” Mr Kim said. “The reality is that we can achieve peace and prosperity on the Korean Peninsula when we constantly build up our national defence and suppress US military threats.”

It is unclear if North Korea is capable of developing such systems. Estimates on the exact status of its nuclear and missile programmes vary widely. In 2018, the South Korean government said North Korea was estimated to have up to 60 nuclear weapons.

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Name: Shamsa Hassan Safar

Nationality: Emirati

Education: Degree in emergency medical services at Higher Colleges of Technology

Favourite book: Between two hearts- Arabic novels

Favourite music: Mohammed Abdu and modern Arabic songs

Favourite way to spend time off: Family visits and spending time with friends

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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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THE CLOWN OF GAZA

Director: Abdulrahman Sabbah 

Starring: Alaa Meqdad

Rating: 4/5

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Dolittle

Director: Stephen Gaghan

Stars: Robert Downey Jr, Michael Sheen

One-and-a-half out of five stars

UAE currency: the story behind the money in your pockets
How to get there

Emirates (www.emirates.com) flies directly to Hanoi, Vietnam, with fares starting from around Dh2,725 return, while Etihad (www.etihad.com) fares cost about Dh2,213 return with a stop. Chuong is 25 kilometres south of Hanoi.
 

ENGLAND SQUAD

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Replacements 16 Jamie George, 17 Alec Hepburn, 18 Harry Williams, 19 George Kruis, 20 Sam Underhill, 21 Danny Care, 22 Jonathan Joseph, 23 Jack Nowell

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