New UAE tax rule; Dubai announces stormwater infrastructure; UAE approves AI law plan; Mall of the Emirates set for $1.3bn upgrade – 10 things you missed this week
Elsewhere in the country a plan has been approved to use AI to form new laws, major stormwater infrastructure projects are underway, and Trump tariffs in the US are impacting real estate investments in Dubai.
Catch up with 10 of the biggest stories this week, as selected by Arabian Business editors.
UAE announces new tax rule
The UAE has announced new tax rules for businesses.
As part of its continued efforts to enhance transparency and ensure robust financial reporting standards for businesses operating in the UAE under the Corporate Tax regime, the Ministry of Finance has issued an updated Ministerial Decision clarifying the requirements for the preparation and maintenance of audited financial statements in accordance with Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses ('Corporate Tax Law').
The updated decision sets out clear requirements for tax groups to prepare audited financial statements. All tax groups will be required to prepare audited special purpose aggregated financial statements. However, to mitigate the compliance burden on tax groups and in line with the UAE's commitment as a business-friendly jurisdiction, the underlying members of the tax group will not be required to prepare audited stand-alone financial statements.
VOX Cinemas launches new IMAX experience in Dubai with premium seating in world's first
VOX Cinemas, operated by Majid Al Futtaim, has unveiled what they describe as the world's most advanced IMAX theatre at Mall of the Emirates, featuring the first-ever integration of Ōma Cinema® premium pod seating within an IMAX auditorium.
The new cinema boasts IMAX's 4K Laser Projection System with proprietary optical engine technology, delivering high-resolution images with enhanced brightness and contrast.
The Next-Generation IMAX Precision Sound system distributes audio evenly throughout the custom-built auditorium, the company said in a statement.
Dubai Municipality has awarded contracts worth AED1.439 billion for four major projects to develop, rehabilitate and expand the emirate's stormwater drainage network, officials announced this week.
The contracts form part of the 'Tasreef' project, described as Dubai's largest unified stormwater collection system and the most operationally efficient in the region.
These infrastructure developments align with directives from Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to develop strategic and future-ready infrastructure, the Emirates News Agency (WAM) said in a statement.
Trump tariffs result in increased demand for UAE property from foreign investors, here's what you need to know
The real estate players in the UAE could be thanking the US President secretly as the Gulf country's property sector is projected to see a windfall gain in the coming weeks and months, with Donald Trump's maverick policy and tariff announcements sending the US dollar to a tailspin, and the consequent fall in value of dirham, triggering a surge in overseas investments in the sector, especially from Europe, Russia and India.
The Gulf country's rising currency value proposition, coinciding with the non-domicile tax law changes in the UK, is also expected to lead to a spike in UK-based wealthy investors' high-end property acquisitions in Dubai and other parts of the UAE.
With the UAE dirham pegged to the US dollar, the depreciation of the American currency leads to a fall in its value as well.
Dubai real estate: Is it the right time to invest in the property market? Experts weigh in
Amid fresh US tariffs and rising global market uncertainty, Dubai's property sector continues to attract international investors with strong rental returns, a stable currency, and steady capital growth.
Record-breaking sales and double-digit price increases reflect sustained demand, led by global buyers, continue to boost the emirate as one of the world's most attractive real estate markets.
Lewis Allsopp, Chairman of Allsopp & Allsopp, said: 'Yes, now is a great opportunity to invest in Dubai real estate. The track record speaks for itself, with those who've invested previously experiencing consistent growth and strong returns. With industry professionals actively investing and the UAE's economy thriving across various sectors, Dubai continues to offer attractive opportunities for long-term ROI. Dubai is a standout choice for investors seeking robust returns in a dynamic global market'.
UAE approves plan to develop new laws with AI
The UAE will develop and monitor laws in the country using a new artificial intelligence system. Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, announced the new legislative process following a meeting of the UAE Cabinet at Qasr Al Watan, Abu Dhabi.
During the meeting, the UAE Cabinet approved the launch of the first integrated regulatory intelligence ecosystem within the UAE Government. This new legislation and laws development system, which is the first of its kind globally, is based on the most advanced artificial intelligence approaches and solutions, marking a global first in smart governance.
The ecosystem introduces a proactive approach to legislative planning, enabling the government to stay ahead of rapid changes in global geopolitical, economic, social, and technological landscapes.
Real estate tokenisation: Dubai predicted to see $16bn market for digital fractional ownership
Dubai's landmark initiative to kick off the tokenised property title deeds is projected to create a massive over $16 billion digital fractional ownership market in the emirate in the next few years, accounting for a sizeable share of property transactions in the emirate, sector experts told Arabian Business.
The move is also expected to further boost overseas investments in the city's real estate sector, especially the residential segment, with tokenised online real estate platforms attracting international investors in large numbers, especially from Europe and Asia, bringing in top-dollar investments, they said.
The Dubai Land Department (DLD) announced the launch of a pilot project to tokenise property title deeds in March this year, becoming the first land registry in the Middle East to implement blockchain-based property tokenisation.
Dubai and Abu Dhabi are the best cities in the world for high-net-worth individuals to relocate to, according to Savills research.
The trifecta of a fluid geopolitical and economic environment; changing government policies, taxes and incentives; and quality-of-life factors, is increasingly influencing where high net worth individuals (HNWIs) and footloose companies choose to locate, said Savills.
The real estate consultancy launched the Savills Dynamic Wealth Indices to identify the cities that are performing well at attracting and developing wealth and investment from individuals and businesses.
Dubai real estate sales hit $38.7bn in Q1; biggest neighbourhood price increases and best ROI revealed
The Dubai real estate sector saw sales of more than AED142bn ($38.7bn) in Q1, according to Bayut statistical data analysis.
The data points to a steady increase in property prices across key areas, driven by strong demand, consistent inventory supply, and Dubai's appeal to high-net-worth individuals drawn to its robust economy and favourable tax environment.
Bayut's insights have shown price hikes for both apartments and villas, with villa prices in DAMAC Hills recording the highest increases of up to 21 per cent. For those seeking budget-friendly options, areas such as Dubai Residence Complex, Dubai Silicon Oasis, DAMAC Hills 2 and Dubailand have been prominent choices. Mid-tier buyers have leaned towards communities such as Jumeirah Village Circle, Business Bay, Al Furjan and Reem. On the luxury front, Dubai Marina, Downtown, Arabian Ranches and DAMAC Hills have continued to attract premium investors.
Dubai's Majid Al Futtaim announces major $1.3bn Mall of the Emirates upgrade
Majid Al Futtaim has announced a AED5 billion ($1.3 billion) investment to transform Mall of the Emirates into what the company calls a 'next-generation lifestyle destination'.
The project, coinciding with the mall's 20th anniversary, aims to expand retail space and introduce new wellness, cultural and dining facilities. The transformation will add 20,000 square metres of retail space, accommodating 100 new stores across luxury, fashion and lifestyle categories. AED1.1 billion has already been allocated to enhancements currently in progress.
'Two decades ago, Mall of the Emirates set a new benchmark for retail and entertainment in the region. Today, we're building on that legacy with a bold investment that redefines what a mall can be. This transformation goes beyond physical expansion — it's about creating new ways for people to connect, unwind, and be inspired, all in one destination,' Khalifa Bin Braik, Chief Executive Officer of Majid Al Futtaim Asset Management said.
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Dubai Eye
7 hours ago
- Dubai Eye
Trump-Putin summit ends with no ceasefire in Ukraine war
A highly anticipated summit between US President Donald Trump and Russian President Vladimir Putin yielded no agreement to resolve or pause Moscow's war in Ukraine, although both leaders described the talks as productive before heading home. During a brief appearance before the media following Friday's nearly three-hour meeting in Alaska, the two leaders said they had made progress on unspecified issues. But they offered no details and took no questions, with the normally loquacious Trump ignoring shouted questions from reporters. "We've made some headway," Trump said, standing in front of a backdrop that read, "Pursuing Peace." "There's no deal until there's a deal," he added. The talks did not initially appear to have produced meaningful steps toward a ceasefire in the war in Ukraine, the deadliest conflict in Europe in 80 years, a goal Trump had set ahead of the summit. But simply sitting down face-to-face with the US president represented a victory for Putin, who had been ostracized by Western leaders since Russia's full-scale invasion of Ukraine in 2022. Following the summit, Trump told Fox News' Sean Hannity that he would hold off on imposing tariffs on China for buying Russian oil after making progress with Putin. He did not mention India, another major buyer of Russian crude, which has been slapped with a total 50 per cent tariff on US imports that includes a 25 per cent penalty for the imports from Russia. "Because of what happened today, I think I don't have to think about that now," Trump said of Chinese tariffs. "I may have to think about it in two weeks or three weeks or something, but we don't have to think about that right now." Trump has threatened sanctions on Moscow as well but has thus far not followed through, even after Putin ignored a Trump-imposed ceasefire deadline earlier this month. In the Fox News interview, Trump also suggested a meeting would now be set up between Putin and Ukrainian President Volodymyr Zelenskyy, which he might also attend. He gave no further details on who was organizing the meeting or when it might be. Putin made no mention of meeting Zelenskyy when speaking to reporters earlier. He said he expected Ukraine and its European allies to accept the results of the US-Russia negotiation constructively and not try to "disrupt the emerging progress." He also repeated Moscow's long-held position that what Russia claims to be the "root causes" of the conflict must be eliminated to reach a long-term peace, a sign he remains resistant to a ceasefire. There was no immediate reaction from Kyiv to the summit, the first meeting between Putin and a US president since the war began. 'GOTTA MAKE A DEAL' Trump signaled that he discussed potential land swaps and security guarantees for Ukraine with Putin, telling Hannity: "I think those are points that we negotiated, and those are points that we largely have agreed on." "I think we're pretty close to a deal," he said, adding: "Ukraine has to agree to it. Maybe they'll say no." When asked by Hannity what he would advise Zelenskiy, Trump said, "Gotta make a deal." "Look, Russia is a very big power, and they're not," Trump added. The war has killed or injured well over a million people from both sides, including thousands of mostly Ukrainian civilians, according to analysts. Zelenskyy has ruled out formally handing Moscow any territory and is also seeking a security guarantee backed by the United States. Trump said he would call Zelenskyy and NATO leaders to update them on the Alaska talks. Trump was due to arrive back in Washington early on Saturday morning. As the two leaders were talking, the war raged on, with most eastern Ukrainian regions under air raid alerts. Governors of Russia's Rostov and Bryansk regions reported that some of their territories were under Ukrainian drone attacks. Russia's air defense systems intercepted and destroyed 29 Ukrainian drones overnight over various Russian regions, including 10 downed over the Rostov region, RIA agency reported on Saturday, citing the Russian defense ministry. Ukraine's Air Force said frontline territories in the Sumy, Donetsk, Chernihiv and Dnipropetrovsk regions were targeted in overnight strikes by Russia. Ukrainian air defense units destroyed 61 of the 85 drones launched, it said. The anticlimactic end to the closely watched summit was in stark contrast to the pomp and circumstance with which it began. When Putin arrived at an Air Force base in Alaska, a red carpet awaited him, where Trump greeted the Russian president warmly as US military aircraft flew overhead. Putin is wanted by the International Criminal Court, accused of the war crime of deporting hundreds of children from Ukraine. Russia denies the allegations, and the Kremlin has dismissed the ICC warrant as null and void. Russia and the United States are not members of the court. 'NEXT TIME IN MOSCOW' Zelenskyy, who was not invited to Alaska, and his European allies had feared Trump might sell out Ukraine by essentially freezing the conflict and recognising - if only informally - Russian control over one-fifth of Ukraine. Trump had sought to assuage such concerns on Friday ahead of the talks, saying he would let Ukraine decide on any possible territorial concessions. Asked what would make the meeting a success, he told reporters: "I want to see a ceasefire rapidly...I'm not going to be happy if it's not today...I want the killing to stop." The meeting also included US Secretary of State Marco Rubio; Trump's special envoy to Russia, Steve Witkoff; Russian foreign policy aide Yury Ushakov; and Russian Foreign Minister Sergei Lavrov. Trump, who said during his presidential campaign that he would end the Ukraine war within 24 hours, conceded on Thursday it had proven a tougher task than he had expected. He had said if Friday's talks went well, quickly arranging a second, three-way summit with Zelenskyy would be more important than his encounter with Putin. Trump ended his remarks on Friday by telling Putin, "I'd like to thank you very much, and we'll speak to you very soon and probably see you again very soon." "Next time in Moscow," a smiling Putin responded in English. Trump said he might "get a little heat on that one" but that he could "possibly see it happening.". Zelenskyy said ahead of Friday's summit that the meeting should open the way for a "just peace" and three-way talks that included him, but added that Russia was continuing to wage war. "It's time to end the war, and the necessary steps must be taken by Russia. We are counting on America," Zelenskyy wrote on Telegram.
Middle East Eye
8 hours ago
- Middle East Eye
Israel is the last vestige of European colonialism - so Trump defends it at all costs
At a July rally in Des Moines, Iowa, Donald Trump used a telling turn of phrase. While touting the benefits of his recently passed tax-and-spend bill, the American president remarked: 'No death tax, no estate tax, no going to the banks and borrowing from, in some cases, a fine banker - and in some cases, Shylocks and bad people.' 'Shylock' is, of course, a reference to the Jewish moneylender in Shakespeare's The Merchant of Venice and is widely recognised as an antisemitic trope. The Anti-Defamation League, for example, called the president out for his comment, while Trump, for his part, later claimed ignorance of the term's anti-Jewish connotations. It might be possible to write this off as an isolated comment, but Trump's gaffe is part of a larger pattern of antisemitism linked to his Make America Great Again (Maga) movement. In May, NPR identified three administration officials with close ties to antisemitic extremists, including a man described by federal prosecutors as a 'Nazi sympathiser' and a prominent Holocaust denier. More recently, Trump's erstwhile ally Elon Musk has come under fire for antisemitism once again when his Grok AI bot launched into antisemitic tirades praising Adolf Hitler. All of this contrasts sharply with the Trump administration's stated goal of combating antisemitism and its unapologetically pro-Israel posture. On 29 January 2025, Trump signed an executive order titled 'Additional Measures to Combat Anti-Semitism', providing a pretext for his administration to pursue deportations of pro-Palestine student activists like Mahmoud Khalil. New MEE newsletter: Jerusalem Dispatch Sign up to get the latest insights and analysis on Israel-Palestine, alongside Turkey Unpacked and other MEE newsletters One month before his gaffe in Des Moines, Trump followed the Israeli military's lead by bombing Iran and pulling out of negotiations over their nuclear programme. Even Musk felt obliged to make pro-Israel gestures when he toured the sites of the 7 October Hamas attack in a highly publicised visit in November 2023. Odd alliance How do we explain this alliance between the seemingly antisemitic Maga movement and Israel? Analysts usually point to two major factors. First is the power and influence of pro-Israel lobbying groups, donors, media figures and political operatives, famously analysed by political scientists John Mearsheimer and Stephen Walt. Second is the role of Christian Zionists in the Maga movement, including prominent figures like the current American ambassador to Israel, Mike Huckabee. Huckabee has explicitly stated that his pro-Israel approach is rooted in his belief that the rapture is imminent and that Israel will be the site of unfolding Biblical prophecy during the end of days. While these factors both play an important role in shaping the Maga-Israel alliance, neither explains the deep intensity of the Trump-era American right's attachment to Israel. The core of the Maga-Israel alliance is not about votes, theology or even security: it is a project of historical amnesia. It seeks to erase the moral and political lessons of decolonisation I believe a more foundational impulse is at work, one tied not only to theology or lobbying power, but to historical memory. This impulse lies at the intersection of multiple programmes currently underway - all intent on rehabilitating colonialism's reputation. These include suppression of teaching and speaking about the colonial past, active justification of colonialism's historical crimes, efforts to undermine recognised international humanitarian law and struggles against active decolonial movements. The Maga-Israel alliance should be understood as part of a broader effort to suppress the memory of colonialism's atrocities and to create a sanitised narrative of colonial history in order to resuscitate colonialism in the present. In the Maga version of modern global history, Israel has come to represent the symbolic last vestige of European colonialism still allowed to flourish, and Palestine stands in for the last unresolved case of anti-colonial resistance. Supporting Israel, then, is not just a normal matter of American foreign policy; it is a proxy battle in culture wars over history, identity and the legitimacy of settler colonialism. The Maga movement has mobilised around a common sense of nostalgia for a past in which white, western, Christian civilisation exercised global dominance. Commentators reflecting on Trump's first term often associated this notion with a desire to re-establish the belief systems of the United States in the 1950s, the dawn of the so-called 'American century'. In his second term, it seems more appropriate to interpret Maga nostalgia as invoking, not the era beginning in the 1950s, but rather the one that began a century earlier at the peak of Euro-American colonialism. Colonial land grab As a recent article in the Monthly Review pointed out, it was no accident that - after opining about the possibility of adding Canada, Greenland and the Panama Canal as new American territories - Trump hung a portrait of James K Polk in the Oval Office. Polk served as president from 1845-49 and oversaw the largest territorial expropriation of land in US history after the Mexican War. In the Maga worldview, the era of Anglo-American power ushered in by colonial land grabs at this time brought order, democracy and prosperity in its wake. The post-World War Two era marked a decided turn in the other direction, and the massive movement for decolonisation in the 1950s and 60s upended the worldview of Polk and others like him. The United Nations (UN) Charter was drawn up at this time and was based on the principle of sovereign equality among all nations. This implied that unequal relationships of domination and extraction between nations, such as the relationship between coloniser and colonised, should be undone. Israel has distilled western colonial war techniques, but fails to quell resistance Read More » Article 2 prohibited member states from using force to acquire territory and foresaw the resolution of disputes undertaken in a manner that ensures international peace as well as justice. By the 1970s, the number of UN member states had more than quadrupled. The British, French, Russian, German, Dutch and Portuguese empires were dismantled, and their territories returned to governments representing the indigenous inhabitants from the pre-war era. Because of the United States' unique role in creating and sustaining the post-World War Two order, Maga supporters imagine their country can sidestep critiques of the decolonisation movement. I have written elsewhere about how the circumstances of the battle between colonial powers on the one hand and the Nazi regime on the other have allowed for a kind of global amnesia to take place with regard to the legacy of racism in creating the world we inhabit today. The Maga narrative is just one particularly virulent example of this broader western cultural tendency. Middle America is obsessed with World War Two, as we can see in popular culture like the History Channel. A survey conducted in 2016 found that fully 70 percent of military history programming on the network dealt with the single conflict of World War Two. The Maga movement plays on this popular fixation on "the good war" to whitewash American history and deny any link between nationalistic pride in their own country and the kind of antisemitism associated with the Nazi movement it fought against. Israel's role The importance of Israel's role in this story is in inverse proportion to its small territorial size. The creation of a state for the Jewish people in the wake of the Holocaust has allowed Maga republicans - along with the broader western world - to imagine that history's most uniquely horrific crime has been answered for in the American-led postwar order. This narrative element produces a double effect for those who retell it. On one hand, the creation of a Jewish state in the wake of the Holocaust allows western powers to imagine themselves as just and righteous, even as many of those same powers had collaborated in or turned a blind eye to its unfolding. The foundation of the state of Israel is a form of symbolic restitution, allowing western culture to wash its hands of the stain of antisemitism and to imagine that they have made amends to the aggrieved Jewish people. On the other hand, excessive focus on the Holocaust as a singular crime in need of restitution deflects attention from the many other atrocities committed on a similar scale by western colonial empires. Palestine is not just a contested land; it is the last mirror in which the West might see the truth of its colonial past For example, scholars estimate that upwards of 10 million people were killed due to King Leopold's forced labour regime in the Congo Free State, while the Bengal famine caused by official policy led to the deaths of 3 million people in British India. In the US, scholars have called the loss of life associated with American colonisation an 'Indigenous Holocaust', estimating the number of Native American deaths from 1492 onwards at 4.5 million. Making amends for these crimes and others like them would require political and social reorganisation on a world scale. Instead of coming face-to-face with this global reckoning, western culture has chosen to hyperfixate on one specific case in a small bit of territory on the Levantine coast. Israel as we know it today took shape in the context of the Mandate for Palestine, founded in the wake of the First World War (1914-18), when Britain and France split up the Arab provinces of the Ottoman Empire among themselves. But while the rest of the Mandates were eventually returned to governments representing the indigenous inhabitants of the territory from the pre-war era, in Palestine, Jewish settlers from Europe - who had created a new political identity of their own based on historical-religious claims - were recognised as sovereign. Today, Palestine is the only colony founded in the late imperial period that has never undergone a decolonisation process. Algeria, Kenya, Zimbabwe and South Africa were all sites of European settlement and indigenous dispossession from 1850 to 1950, and all eventually experienced some version of decolonisation. This is why efforts to acknowledge Israel as a settler-colonial state have stirred such controversy; to do so would be to say that Israel is out of step with the moral arc of the modern world in which colonialism is understood as a crime rather than a civilising mission. For Maga ideologues and their global counterparts, it is precisely Israel's status as the last bastion of 19th-century-style colonialism today that makes flocking to its defence attractive. In their eyes, the revisionist Zionism of Netanyahu and his ilk is a shining example of what the West 'should have' done: established a firm grip, refused to apologise and dealt harshly with native resistance. The Maga movement celebrates Israel, not in spite of its colonial character, but because of it. In their eyes, Israel is the living rebuttal to decolonisation, multiculturalism and the whole post-1945 liberal international order they are in the process of dismantling. In this sense, the Maga-Israel alliance should be understood alongside efforts to suppress teaching critical race theory and suppress what Trump calls the 'woke agenda'. It is an effort to turn back the clock to an earlier era and put the genie of progressive decolonisation back in its bottle. Maga nostalgia Maga nostalgia for the 19th-century heyday of colonialism is not an isolated phenomenon. One need only look to Vladimir Putin's Russia, which has launched a war of territorial conquest in Ukraine in an effort to undo Soviet efforts acknowledging Ukrainian nationality a century ago. Similarly, Trump's ally Jair Bolsonaro in Brazil has praised the American colonial cavalry and denied the existence of an ongoing genocide against indigenous groups in the Amazon. When US Secretary of State Marco Rubio opined in a January 2025 interview that 'eventually [the world is] going to reach back to a point where you had a multipolar world, multi-great powers in different parts of the planet', he was talking about returning to an era of imperial competition not unlike the one that culminated in two world wars in the first half of the twentieth century. Israel and Trump: From euphoria to anxiety Read More » It is no accident that Rubio's comment echoes similar statements made by the anti-liberal Russian philosopher Alexander Dugin, whose book Multipolarity: The Era of Great Transition has influenced radical circles on the right and the left. The core of the Maga-Israel alliance is not about votes, theology or even security: it is a project of historical amnesia. It seeks to erase the moral and political lessons of decolonisation and to re-legitimise the colonial worldview. It allows the Holocaust to be remembered in isolation, while any acknowledgement of the millions killed in colonial atrocities around the world is suppressed. Palestine is not just a contested land; it is the last mirror in which the West might see the truth of its colonial past. And so, the mirror must be shattered. Palestinians and those who sympathise with them must be silenced, not because they are wrong, but because they remember. And in remembering, they threaten to unmake the myths upon which the American empire depends. The views expressed in this article belong to the author and do not necessarily reflect the editorial policy of Middle East Eye.
Dubai Eye
14 hours ago
- Dubai Eye
Trump says it will be up to Ukraine to decide on territorial swaps
US President Donald Trump said he would not negotiate on behalf of Ukraine in his Friday meeting with Russian President Vladimir Putin and would let Kyiv decide whether to engage in territorial swaps with Russia. Trump said his goal was to get the two sides to start a negotiation, with any territorial swaps to be addressed then. "They'll be discussed, but I've got to let Ukraine make that decision, and I think they'll make a proper decision. But I'm not here to negotiate for Ukraine, I'm here to get them at a table," Trump told reporters aboard Air Force One. Trump's remarks are likely to offer some assurance to Ukraine, which is worried that the US-Russia talks could freeze the conflict at Ukraine's expense. Trump said the Russian offensive in Ukraine was likely aimed at helping to strengthen Putin's hand in any negotiations to end the war. "I think they're trying to negotiate. He's trying to set a stage. In his mind that helps him make a better deal. It actually hurts him, but in his mind that helps him make a better deal if they can continue the killing," he said. The US president said he expected his meeting with Putin to produce results, given the stakes involved and weakness in the Russian economy. "He's a smart guy, been doing it for a long time but so have I... we get along, there's a good respect level on both sides, and I think, you know, something's going to come of it," he said. Trump said it was a good sign that Putin was bringing business executives with him from Russia, but said no deals could be made until the war was settled. "I like that 'cause they want to do business, but they're not doing business until we get the war settled," he said.
