Armin van Buuren, Kylie Minogue and Hussain Al Jassmi will perform separate New Year's Eve concerts in the UAE. Photo: AFP, AP
Armin van Buuren, Kylie Minogue and Hussain Al Jassmi will perform separate New Year's Eve concerts in the UAE. Photo: AFP, AP
Armin van Buuren, Kylie Minogue and Hussain Al Jassmi will perform separate New Year's Eve concerts in the UAE. Photo: AFP, AP
Armin van Buuren, Kylie Minogue and Hussain Al Jassmi will perform separate New Year's Eve concerts in the UAE. Photo: AFP, AP

New Year's Eve concerts not to be missed in UAE, from Kylie Minogue to Enrique Iglesias


Saeed Saeed
  • English
  • Arabic

The UAE concert calendar is in full swing as we head into New Year's Eve celebrations.

Once again, music lovers have a lot of options to consider, with shows by some of the world’s top DJs and pop stars being held in various settings from beach clubs to a serene desert camp.

Here are 10 shows to check out on December 31.

1. Kylie Minogue at Atlantis, The Palm, Dubai

The Spinning Around singer will make a welcome return to the resort, after performing at its grand opening party back in 2008.

The theme for this year’s gala is A Night with the Stars, and besides the hit-filled performance from Minogue, guests will also have front-row seats to one of Dubai’s biggest fireworks displays as the clock strikes midnight.

Expect to hear songs such as Can’t Get You Out of My Head, All the Lovers and The Loco-Motion ahead of ringing in the new year.

Tickets start at Dh 5,900; www.atlantis.com

2. Enrique Iglesias at Nammos Dubai

It's a chance to see the Latin pop star in an intimate setting, if you are prepared to shell out the hefty price tag for a ticket.

Performing at the trendy beachside club, the Bailamos singer will be joined by Cuban reggaeton duo Gente de Zona for what is arguably the most exclusive concert in the city.

Tickets start at Dh 8,000; www.nammos.com

3. Hussain Al Jassmi and Aseel Hameem at the Khorfakkan Amphitheatre, Sharjah

A popular New Year's Eve choice, the Emirati singer will end the year with a show at his home city of Sharjah.

Al Jassmi is one of the Middle East’s top-selling artists. He released his first single Bawada'ak in 2002, followed by Wallah Mayiswa and Bassbor Al Fourgakom. However, it was 2014’s Egyptian shaabi tune Boshret Kheir that he is most known for.

Also performing earlier in the evening is Iraq's Aseel Hameem. With more than 255 million views, her song Ser Al Hayat was the most streamed track by a female Arab artist on YouTube in 2020.

Tickets start atDh 300; sharjah.platinumlist.net

4. Armin van Buuren at Dubai Media City Amphitheatre, Dubai

After an epic New Year's Eve show at Expo 2020 Dubai last year, van Buuren returns to ring in another new year in the emirate.

A seasoned performer in the Mena region, the Dutch DJ and producer is viewed as a pioneer of trance music.

Backed by a blistering light show, expect to hear some of the EDM maestro's classic hits such as This Is What It Feels Like and Blah Blah Blah.

Also hitting the decks that night are DJs Fedde Le Grand and Justus.

Tickets start at Dh339; mcgettigans.com/nye

5. Jonas Blue and Sigala at Zero Gravity, Dubai

The popular beach club is going all out this year.

In addition to headlining performances by British spinners Jonas Blue and Sigala, the bash will feature unlimited dining options and a fireworks display.

Tickets start at Dh1,299; dubai.platinumlist.net

6. Khaled Al-Mulla, Khalid Abdulrahman and Ali Bin Mohamed at Liwa Village, Abu Dhabi

Khaleeji folk music titans will gather to perform separate sets at a serene desert setting in Abu Dhabi.

Khaled Al Mulla, Khalid Abdulrahman and Ali Bin Mohamed will showcase the beauty and poetry of the genre as part of an ongoing concert series at Liwa Village.

Tickets start at Dh339; abu-dhabi.platinumlist.ne

7. Nada Algalaa, Taha Suliman, and MarSimba Band at The Agenda, Dubai

Generations of Sudanese music talent come together for a vibrant celebration on December 31.

Fans of the country's eclectic and rich music scene will have a lot to savour with performances by popular singers Nada Algalaa and Taha Suliman, in addition to hip-hop duo MarSimba Band.

Tickets start at Dh190; dubai.platinumlist.net

8. DJ Shortkut at Electric Pawn Shop, Dubai

Capping off a stellar year for the Dubai restaurant and bar, pioneering hip-hop turntablist DJ Shortkut will take the decks at Electric Pawn Shop.

Known for his finesse and eye-popping technique, DJ Shortkut should bring the house down for the New Year's Eve gig in Dubai.

Tickets start at Dh799; reservations on 0505 865 510

9. A-Trak at Barasti, Dubai

The popular beach spot is renowned for bringing top-tier DJs for its end-of-year celebrations.

This time around, the Canadian DJ and producer A-Trak leads the bill and should deliver a crowd-pleasing set spanning everything from hip-hop and funk to electro and pop.

Tickets start at Dh495, dubai.platinumlist.net

10. Sayali Bhagat and Amit Jadhav at Souk Marfa, Dubai

Bollywood glamour and tunes are in store for this party at the elegant venue in Dubai Islands in Deira.

Actress Sayali Bhagat will team up with X-Factor India sensation Amit Jadhav for an evening of song and dance.

In addition to food stalls, the family-friendly event also includes a children's play zone.

Tickets start at Dh50; dubai.platinumlist.net

30 concerts and events coming to Dubai, from Jackson Wang to West Side Story

  • The trio Hooverphonic, led by singer Geike Arnaert, will perform in Dubai in December. Getty Images
    The trio Hooverphonic, led by singer Geike Arnaert, will perform in Dubai in December. Getty Images
  • Egyptian actress Yousra will appear in the stage production 'King Farouk' at Dubai Opera. AFP
    Egyptian actress Yousra will appear in the stage production 'King Farouk' at Dubai Opera. AFP
  • Le Trio Joubran, from left, Samir, Wissam and Adnan Joubran. Courtesy: Youness Hamiddine
    Le Trio Joubran, from left, Samir, Wissam and Adnan Joubran. Courtesy: Youness Hamiddine
  • Ansel Elgort and Rachel Zegler in the 2021 film adaptation of the musical 'West Side Story'. The stage show will be performed in Dubai Opera in April. AP
    Ansel Elgort and Rachel Zegler in the 2021 film adaptation of the musical 'West Side Story'. The stage show will be performed in Dubai Opera in April. AP
  • The Gipsy Kings shot to fame back in the 1980s with their eponymous album. Courtesy Dubai Opera
    The Gipsy Kings shot to fame back in the 1980s with their eponymous album. Courtesy Dubai Opera
  • Martin Garrix has been named 2022'S world's number one DJ by industry publication 'DJ Mag'. AFP
    Martin Garrix has been named 2022'S world's number one DJ by industry publication 'DJ Mag'. AFP
  • Pakistani singer Rahat Fateh Ali Khan will perform his hits at the Coca-Cola Arena. Courtesy Coca-Cola Arena
    Pakistani singer Rahat Fateh Ali Khan will perform his hits at the Coca-Cola Arena. Courtesy Coca-Cola Arena
  • Iraqi singer Kadim Al Sahir will perform an intimate show at Dubai Opera. Khushnum Bhandari / The National
    Iraqi singer Kadim Al Sahir will perform an intimate show at Dubai Opera. Khushnum Bhandari / The National
  • Canadian DJ deadmau5 will play at the Coca-Cola Arena in December. Getty Images
    Canadian DJ deadmau5 will play at the Coca-Cola Arena in December. Getty Images
  • Singer Ne-Yo returns to Dubai in December. AFP
    Singer Ne-Yo returns to Dubai in December. AFP
  • Dutch DJ Armin van Buuren is one EDM's most celebrated artists. AFP
    Dutch DJ Armin van Buuren is one EDM's most celebrated artists. AFP
  • Nigerian singer Wizkid is one of a new generation of African artists making inroads into the western charts. Getty Images
    Nigerian singer Wizkid is one of a new generation of African artists making inroads into the western charts. Getty Images
  • Mohamed Ramadan will perform post-match concerts as part of the inaugural World Tennis League tournament. AFP
    Mohamed Ramadan will perform post-match concerts as part of the inaugural World Tennis League tournament. AFP
  • Tiesto will bring his hits to the Coca-Cola Arena in Dubai. AFP
    Tiesto will bring his hits to the Coca-Cola Arena in Dubai. AFP
  • Jackson Wang will perform on February 4 in Dubai as part of his Magic Man world tour. AP
    Jackson Wang will perform on February 4 in Dubai as part of his Magic Man world tour. AP
  • Irish comedienne Joanne McNally performs on April 29 at The Agenda. Photo: GME Events
    Irish comedienne Joanne McNally performs on April 29 at The Agenda. Photo: GME Events
  • The Nutcracker ballet is an annual Christmas favourite. Photo: Andy Ross
    The Nutcracker ballet is an annual Christmas favourite. Photo: Andy Ross
  • Hungarian pianist and composer Balazs Havasi will play at Dubai Opera in 2023. EPA
    Hungarian pianist and composer Balazs Havasi will play at Dubai Opera in 2023. EPA
  • The Australian singer Kylie Minogue will ring in the new year in Dubai. Reuters
    The Australian singer Kylie Minogue will ring in the new year in Dubai. Reuters
  • Tomorrowland's Terra Sollis features VIP rooms with sun decks, resort views and a private plunge pool. Photo: Terra Solis
    Tomorrowland's Terra Sollis features VIP rooms with sun decks, resort views and a private plunge pool. Photo: Terra Solis
  • Peter Bence, the former Guinness World Record holder for fastest piano player, performs at Dubai Opera on November 11. Getty Images
    Peter Bence, the former Guinness World Record holder for fastest piano player, performs at Dubai Opera on November 11. Getty Images
  • See French crooner Enrico Macias on November 12 at Coca-Cola Arena. Photo: Wikicommons
    See French crooner Enrico Macias on November 12 at Coca-Cola Arena. Photo: Wikicommons
  • Spanish opera star Placido Domingo will headline the lavish Dresden Opera Ball gala evening at Dubai Opera. Getty Images
    Spanish opera star Placido Domingo will headline the lavish Dresden Opera Ball gala evening at Dubai Opera. Getty Images
  • Croation classic group 2Cellos are coming to Dubai in November. Courtesy: MBC
    Croation classic group 2Cellos are coming to Dubai in November. Courtesy: MBC
  • Watch British singer-songwriter Calum Scott live at Hard Rock Cafe in November. Getty Images
    Watch British singer-songwriter Calum Scott live at Hard Rock Cafe in November. Getty Images
  • Scottish singer-songwriter Lewis Capaldi is returning to the UAE for a concert at the Coca-Cola Arena on November 24. EPA
    Scottish singer-songwriter Lewis Capaldi is returning to the UAE for a concert at the Coca-Cola Arena on November 24. EPA
  • Illusionist Rob Lake is performing 'The Magic of Rob Lake' at Dubai Opera from November 25 to 27. Photo: FilmMagic
    Illusionist Rob Lake is performing 'The Magic of Rob Lake' at Dubai Opera from November 25 to 27. Photo: FilmMagic
  • Music and street culture festival Sole DXB is back for 2022 in December. Photo: Sole DXB
    Music and street culture festival Sole DXB is back for 2022 in December. Photo: Sole DXB
  • The Dubai Shopping Festival, starting in December, features concerts, family activities and plenty of shopping deals. Photo: Dubai Shopping Festival
    The Dubai Shopping Festival, starting in December, features concerts, family activities and plenty of shopping deals. Photo: Dubai Shopping Festival
  • Pakistani singer Abida Parveen returns to Dubai at the Coca-Cola Arena on December 9. Photo: Catherine de Clippel
    Pakistani singer Abida Parveen returns to Dubai at the Coca-Cola Arena on December 9. Photo: Catherine de Clippel
Milestones on the road to union

1970

October 26: Bahrain withdraws from a proposal to create a federation of nine with the seven Trucial States and Qatar. 

December: Ahmed Al Suwaidi visits New York to discuss potential UN membership.

1971

March 1:  Alex Douglas Hume, Conservative foreign secretary confirms that Britain will leave the Gulf and “strongly supports” the creation of a Union of Arab Emirates.

July 12: Historic meeting at which Sheikh Zayed and Sheikh Rashid make a binding agreement to create what will become the UAE.

July 18: It is announced that the UAE will be formed from six emirates, with a proposed constitution signed. RAK is not yet part of the agreement.

August 6:  The fifth anniversary of Sheikh Zayed becoming Ruler of Abu Dhabi, with official celebrations deferred until later in the year.

August 15: Bahrain becomes independent.

September 3: Qatar becomes independent.

November 23-25: Meeting with Sheikh Zayed and Sheikh Rashid and senior British officials to fix December 2 as date of creation of the UAE.

November 29:  At 5.30pm Iranian forces seize the Greater and Lesser Tunbs by force.

November 30: Despite  a power sharing agreement, Tehran takes full control of Abu Musa. 

November 31: UK officials visit all six participating Emirates to formally end the Trucial States treaties

December 2: 11am, Dubai. New Supreme Council formally elects Sheikh Zayed as President. Treaty of Friendship signed with the UK. 11.30am. Flag raising ceremony at Union House and Al Manhal Palace in Abu Dhabi witnessed by Sheikh Khalifa, then Crown Prince of Abu Dhabi.

December 6: Arab League formally admits the UAE. The first British Ambassador presents his credentials to Sheikh Zayed.

December 9: UAE joins the United Nations.

HOW TO WATCH

Facebook: TheNationalNews 

Twitter: @thenationalnews 

Instagram: @thenationalnews.com 

TikTok: @thenationalnews   

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

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hall of shame

SUNDERLAND 2002-03

No one has ended a Premier League season quite like Sunderland. They lost each of their final 15 games, taking no points after January. They ended up with 19 in total, sacking managers Peter Reid and Howard Wilkinson and losing 3-1 to Charlton when they scored three own goals in eight minutes.

SUNDERLAND 2005-06

Until Derby came along, Sunderland’s total of 15 points was the Premier League’s record low. They made it until May and their final home game before winning at the Stadium of Light while they lost a joint record 29 of their 38 league games.

HUDDERSFIELD 2018-19

Joined Derby as the only team to be relegated in March. No striker scored until January, while only two players got more assists than goalkeeper Jonas Lossl. The mid-season appointment Jan Siewert was to end his time as Huddersfield manager with a 5.3 per cent win rate.

ASTON VILLA 2015-16

Perhaps the most inexplicably bad season, considering they signed Idrissa Gueye and Adama Traore and still only got 17 points. Villa won their first league game, but none of the next 19. They ended an abominable campaign by taking one point from the last 39 available.

FULHAM 2018-19

Terrible in different ways. Fulham’s total of 26 points is not among the lowest ever but they contrived to get relegated after spending over £100 million (Dh457m) in the transfer market. Much of it went on defenders but they only kept two clean sheets in their first 33 games.

LA LIGA: Sporting Gijon, 13 points in 1997-98.

BUNDESLIGA: Tasmania Berlin, 10 points in 1965-66

THE SPECS

Engine: AMG-enhanced 3.0L inline-6 turbo with EQ Boost and electric auxiliary compressor

Transmission: nine-speed automatic

Power: 429hp

Torque: 520Nm​​​​​​​

Price: Dh360,200 (starting)

Company%C2%A0profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3ELeap%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3EMarch%202021%0D%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Ziad%20Toqan%20and%20Jamil%20Khammu%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3EPre-seed%0D%3Cbr%3E%3Cstrong%3EFunds%20raised%3A%3C%2Fstrong%3E%20Undisclosed%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%20%3C%2Fstrong%3ESeven%3C%2Fp%3E%0A
Terminal High Altitude Area Defense (THAAD)

What is THAAD?

It is considered to be the US' most superior missile defence system.

Production:

It was first created in 2008.

Speed:

THAAD missiles can travel at over Mach 8, so fast that it is hypersonic.

Abilities:

THAAD is designed to take out projectiles, namely ballistic missiles, as they are on their downward trajectory towards their target, otherwise known as the "terminal phase".

Purpose:

To protect high-value strategic sites, such as airfields or population centres.

Range:

THAAD can target projectiles both inside and outside of the Earth's atmosphere, at an altitude of 93 miles above the Earth's surface.

Creators:

Lockheed Martin was originally granted the contract to develop the system in 1992. Defence company Raytheon sub-contracts to develop other major parts of the system, such as ground-based radar.

UAE and THAAD:

In 2011, the UAE became the first country outside of the US to buy two THAAD missile defence systems. It then deployed them in 2016, becoming the first Gulf country to do so.

LA LIGA FIXTURES

Thursday (All UAE kick-off times)

Sevilla v Real Betis (midnight)

Friday

Granada v Real Betis (9.30pm)

Valencia v Levante (midnight)

Saturday

Espanyol v Alaves (4pm)

Celta Vigo v Villarreal (7pm)

Leganes v Real Valladolid (9.30pm)

Mallorca v Barcelona (midnight)

Sunday

Atletic Bilbao v Atletico Madrid (4pm)

Real Madrid v Eibar (9.30pm)

Real Sociedad v Osasuna (midnight)

Skoda Superb Specs

Engine: 2-litre TSI petrol

Power: 190hp

Torque: 320Nm

Price: From Dh147,000

Available: Now

The Dark Blue Winter Overcoat & Other Stories From the North
Edited and Introduced by Sjón and Ted Hodgkinson
Pushkin Press 

Manchester United v Club America

When: Thursday, 9pm Arizona time (Friday UAE, 8am)

Honeymoonish
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'Peninsula'

Stars: Gang Dong-won, Lee Jung-hyun, Lee Ra

Director: ​Yeon Sang-ho

Rating: 2/5

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Three tips from La Perle's performers

1 The kind of water athletes drink is important. Gwilym Hooson, a 28-year-old British performer who is currently recovering from knee surgery, found that out when the company was still in Studio City, training for 12 hours a day. “The physio team was like: ‘Why is everyone getting cramps?’ And then they realised we had to add salt and sugar to the water,” he says.

2 A little chocolate is a good thing. “It’s emergency energy,” says Craig Paul Smith, La Perle’s head coach and former Cirque du Soleil performer, gesturing to an almost-empty open box of mini chocolate bars on his desk backstage.

3 Take chances, says Young, who has worked all over the world, including most recently at Dragone’s show in China. “Every time we go out of our comfort zone, we learn a lot about ourselves,” she says.

The specs

Engine: 2.0-litre 4cyl turbo

Power: 261hp at 5,500rpm

Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

Fuel consumption: 6.9L/100km

On sale: Now

Price: From Dh117,059

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MOUNTAINHEAD REVIEW

Starring: Ramy Youssef, Steve Carell, Jason Schwartzman

Director: Jesse Armstrong

Rating: 3.5/5

RACECARD

4.30pm Jebel Jais – Maiden (PA) Dh60,000 (Turf) 1,000m
5pm: Jabel Faya – Maiden (PA) Dh60,000 (T) 1,000m
5.30pm: Al Wathba Stallions Cup – Handicap (PA) Dh70,000 (T) 2,200m
6pm: The President’s Cup Prep – Conditions (PA) Dh100,000 (T) 2,200m
6.30pm: Abu Dhabi Equestrian Club – Prestige (PA) Dh125,000 (T) 1,600m
7pm: Al Ruwais – Group 3 (PA) Dh300,000 (T) 1,200m
7.30pm: Jebel Hafeet – Maiden (TB) Dh80,000 (T) 1,400m

Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

Huddersfield Town permanent signings:

  • Steve Mounie (striker): signed from Montpellier for £11 million
  • Tom Ince (winger): signed from Derby County for £7.7m
  • Aaron Mooy (midfielder): signed from Manchester City for £7.7m
  • Laurent Depoitre (striker): signed from Porto for £3.4m
  • Scott Malone (defender): signed from Fulham for £3.3m
  • Zanka (defender): signed from Copenhagen for £2.3m
  • Elias Kachunga (winger): signed for Ingolstadt for £1.1m
  • Danny WIlliams (midfielder): signed from Reading on a free transfer
New Zealand 15 British & Irish Lions 15

New Zealand 15
Tries: Laumape, J Barrett
Conversions: B Barrett
Penalties: B Barrett

British & Irish Lions 15
Penalties: Farrell (4), Daly

The National Archives, Abu Dhabi

Founded over 50 years ago, the National Archives collects valuable historical material relating to the UAE, and is the oldest and richest archive relating to the Arabian Gulf.

Much of the material can be viewed on line at the Arabian Gulf Digital Archive - https://www.agda.ae/en

HOW DO SIM CARD SCAMS WORK?

Sim swap frauds are a form of identity theft.

They involve criminals conning mobile phone operators into issuing them with replacement Sim cards, often by claiming their phone has been lost or stolen 

They use the victim's personal details - obtained through criminal methods - to convince such companies of their identity.

The criminal can then access any online service that requires security codes to be sent to a user's mobile phone, such as banking services.

Heather, the Totality
Matthew Weiner,
Canongate 

MATCH DETAILS

Juventus 2 (Bonucci 36, Ronaldo 90 6)

Genoa 1 (Kouame 40)

Results

Stage Two:

1. Mark Cavendish (GBR) QuickStep-AlphaVinyl 04:20:45

2. Jasper Philipsen (BEL) Alpecin-Fenix

3. Pascal Ackermann (GER) UAE Team Emirates

4. Olav Kooij (NED) Jumbo-Visma

5. Arnaud Demare (FRA) Groupama-FDJ

General Classification:

1. Jasper Philipsen (BEL) Alpecin-Fenix 09:03:03

2. Dmitry Strakhov (RUS) Gazprom-Rusvelo 00:00:04

3. Mark Cavendish (GBR) QuickStep-AlphaVinyl 00:00:06

4. Sam Bennett (IRL) Bora-Hansgrohe 00:00:10

5. Pascal Ackermann (GER) UAE Team Emirates 00:00:12

WHAT IS GRAPHENE?

It was discovered in 2004, when Russian-born Manchester scientists Andrei Geim and Kostya Novoselov were experimenting with sticky tape and graphite, the material used as lead in pencils.

Placing the tape on the graphite and peeling it, they managed to rip off thin flakes of carbon. In the beginning they got flakes consisting of many layers of graphene. But when they repeated the process many times, the flakes got thinner.

By separating the graphite fragments repeatedly, they managed to create flakes that were just one atom thick. Their experiment led to graphene being isolated for the very first time.

In 2010, Geim and Novoselov were awarded the Nobel Prize for Physics. 

MATCH INFO

Uefa Champions League semi-final, first leg
Bayern Munich v Real Madrid

When: April 25, 10.45pm kick-off (UAE)
Where: Allianz Arena, Munich
Live: BeIN Sports HD
Second leg: May 1, Santiago Bernabeu, Madrid

In numbers: China in Dubai

The number of Chinese people living in Dubai: An estimated 200,000

Number of Chinese people in International City: Almost 50,000

Daily visitors to Dragon Mart in 2018/19: 120,000

Daily visitors to Dragon Mart in 2010: 20,000

Percentage increase in visitors in eight years: 500 per cent

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

How to avoid crypto fraud
  • Use unique usernames and passwords while enabling multi-factor authentication.
  • Use an offline private key, a physical device that requires manual activation, whenever you access your wallet.
  • Avoid suspicious social media ads promoting fraudulent schemes.
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DEADPOOL & WOLVERINE

Starring: Ryan Reynolds, Hugh Jackman, Emma Corrin

Director: Shawn Levy

Rating: 3/5

Islamophobia definition

A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.

Updated: December 28, 2022, 8:42 AM