Salem Al Qassimi, UAE Minister of Culture and Youth, speaks at a G20 Ministerial Meeting on Culture. Photo: UAE Ministry of Culture and Youth
Salem Al Qassimi, UAE Minister of Culture and Youth, speaks at a G20 Ministerial Meeting on Culture. Photo: UAE Ministry of Culture and Youth
Salem Al Qassimi, UAE Minister of Culture and Youth, speaks at a G20 Ministerial Meeting on Culture. Photo: UAE Ministry of Culture and Youth
Salem Al Qassimi, UAE Minister of Culture and Youth, speaks at a G20 Ministerial Meeting on Culture. Photo: UAE Ministry of Culture and Youth

Salem Al Qassimi stresses role of cultural co-operation ahead of Cop28


Hareth Al Bustani
  • English
  • Arabic

Speaking at the G20 Ministerial Meeting on Culture in Varanasi, India, Salem Al Qassimi, UAE Minister of Culture and Youth, called on global partners to collaborate to address climate challenges through culture and creativity.

The comments come as the UAE prepares to host the Cop28, which will focus on the importance of co-operation and inclusivity to mitigate environmental damage.

Addressing the far-reaching impact of climate change, Al Qassimi said: “Today, across the world, cultural heritage is in jeopardy because of climate change.

“Historic sites provide a poignant reminder of our unique cultural identities. Without them, that connection risks being slowly eroded over time, also resulting in the damage to the practice and transmission of living heritage from one generation to another,” he added.

While celebrating the G20 Culture Working Group’s emphasis on the role of culture in promoting co-operation between nations, Al Qassimi also pointed to the UAE’s own commitment to reducing disparities and fostering stronger south-south co-operation.

He illustrated this point with the example of the UAE’s partnership with the African World Heritage Fund to support conservation and protection of cultural and natural heritage of outstanding universal value in Africa.

In a previous interview with The National, Al Qassimi explained the importance of such co-operative projects.

“The UAE and Africa share long-standing ties,” he said. “In the last decades we have reinforced our historical and cultural ties with the continent. Africa shares common heritage with the Middle East and deep-rooted links in the field of trade, culture, history and the Arabic language.”

“This priority not only raises expectations from African countries, but also hopes from other countries, like ours,” he added.

Other examples cited in his Varanasi speech include the UAE’s partnerships with Unesco to rebuild the heritage sites of Mosul, and its leading role in the International Alliance for the Protection of Heritage in Conflict Areas, which has already financed nearly 180 projects.

Al Qassimi also discussed the UAE’s efforts to create a robust cultural and creative ecosystem in the country through institutions. "The UAE National Strategy for the Cultural and Creative Industries aims to enhance the growth of cultural and creative industries and increase their contribution to 5 per cent of the national GDP by 2031,” he said.

He cited examples, including the UAE’s partnership with Wipo to measure the economic contribution of copyright-based industries towards the creative economy, as well as the creative economy’s contribution to GDP. He also pointed to the country's new National Grant Programme for Creativity and Culture, emphasising that the UAE's focus on empowering cultural practitioners aligned with the priorities of the G20.

Al Qassimi concluded his speech, stating: “As we approach Cop28, taking place in Expo City in Dubai, we look forward to meeting you again to move forward with sentiments shared in the Culture Working Group and take collective action in highlighting the intersection between culture and climate and the role the creative industry plays in climate action.”

How much do leading UAE’s UK curriculum schools charge for Year 6?
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  2. Kings School Al Barsha (Dubai) – Dh71,905
  3. Brighton College Abu Dhabi - Dh68,560
  4. Jumeirah English Speaking School (Dubai) – Dh59,728
  5. Gems Wellington International School – Dubai Branch – Dh58,488
  6. The British School Al Khubairat (Abu Dhabi) - Dh54,170
  7. Dubai English Speaking School – Dh51,269

*Annual tuition fees covering the 2024/2025 academic year

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4 Max Verstappen, Red Bull

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6 Romain Grosjean, Haas

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11 Fernando Alonso, McLaren

12 Stoffel Vandoorne, McLaren

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16 Brendon Hartley, Toro Rosso

17 Marcus Ericsson, Sauber

18 Charles Leclerc, Sauber

19 Sergey Sirotkin, Williams

20 Pierre Gasly, Toro Rosso

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Company name/date started: Abwaab Technologies / September 2019

Founders: Hamdi Tabbaa, co-founder and CEO. Hussein Alsarabi, co-founder and CTO

Based: Amman, Jordan

Sector: Education Technology

Size (employees/revenue): Total team size: 65. Full-time employees: 25. Revenue undisclosed

Stage: early-stage startup 

Investors: Adam Tech Ventures, Endure Capital, Equitrust, the World Bank-backed Innovative Startups SMEs Fund, a London investment fund, a number of former and current executives from Uber and Netflix, among others.

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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. 

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The Melbourne Mercer Global Pension Index

Mazen Abukhater, principal and actuary at global consultancy Mercer, Middle East, says the company’s Melbourne Mercer Global Pension Index - which benchmarks 34 pension schemes across the globe to assess their adequacy, sustainability and integrity - included Saudi Arabia for the first time this year to offer a glimpse into the region.

The index highlighted fundamental issues for all 34 countries, such as a rapid ageing population and a low growth / low interest environment putting pressure on expected returns. It also highlighted the increasing popularity around the world of defined contribution schemes.

“Average life expectancy has been increasing by about three years every 10 years. Someone born in 1947 is expected to live until 85 whereas someone born in 2007 is expected to live to 103,” Mr Abukhater told the Mena Pensions Conference.

“Are our systems equipped to handle these kind of life expectancies in the future? If so many people retire at 60, they are going to be in retirement for 43 years – so we need to adapt our retirement age to our changing life expectancy.”

Saudi Arabia came in the middle of Mercer’s ranking with a score of 58.9. The report said the country's index could be raised by improving the minimum level of support for the poorest aged individuals and increasing the labour force participation rate at older ages as life expectancies rise.

Mr Abukhater said the challenges of an ageing population, increased life expectancy and some individuals relying solely on their government for financial support in their retirement years will put the system under strain.

“To relieve that pressure, governments need to consider whether it is time to switch to a defined contribution scheme so that individuals can supplement their own future with the help of government support,” he said.

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Who has lived at The Bishops Avenue?
  • George Sainsbury of the supermarket dynasty, sugar magnate William Park Lyle and actress Dame Gracie Fields were residents in the 1930s when the street was only known as ‘Millionaires’ Row’.
  • Then came the international super rich, including the last king of Greece, Constantine II, the Sultan of Brunei and Indian steel magnate Lakshmi Mittal who was at one point ranked the third richest person in the world.
  • Turkish tycoon Halis Torprak sold his mansion for £50m in 2008 after spending just two days there. The House of Saud sold 10 properties on the road in 2013 for almost £80m.
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  • Land was originally the Bishop of London's hunting park, hence the name
  • The road was laid out in the mid 19th Century, meandering through woodland and farmland
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Updated: August 30, 2023, 5:21 PM