The Blast Premier World Final 2022 was hosted in Abu Dhabi and organised by AD Gaming. Photo: Blast
The Blast Premier World Final 2022 was hosted in Abu Dhabi and organised by AD Gaming. Photo: Blast
The Blast Premier World Final 2022 was hosted in Abu Dhabi and organised by AD Gaming. Photo: Blast
The Blast Premier World Final 2022 was hosted in Abu Dhabi and organised by AD Gaming. Photo: Blast

AD Gaming to collaborate with the emirate’s Department of Culture and Tourism


Faisal Salah
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  • Arabic

Abu Dhabi Gaming, an initiative that supports game developers, players, consumers and businesses, has integrated with the Department of Culture and Tourism Abu Dhabi.

According to Abu Dhabi Media Office, the move affirms the DCT’s “commitment to nurturing the gaming and esports ecosystem to position the emirate as a global gaming hub”.

Saood Abdulaziz Al Hosani, under-secretary of DCT Abu Dhabi, said: “Abu Dhabi's thriving gaming and esports sector is a cornerstone of the emirate's digital transformation and a core driver of creative industry expansion.”

AD Gaming has been involved in many projects including the AD Gaming Hub on Yas Island, Unity Centre of Excellence – a platform for creating and operating real-time 3D content – and the Blast Premier World Finals.

“The gaming industry is growing faster in the Mena region than anywhere else in the world and Abu Dhabi has a clear role in spearheading this growth,” said James Hartt, gaming and digital development department director of AD Gaming.

“Now operating as part of DCT Abu Dhabi’s cohesive ecosystem, the opportunity for AD Gaming to deliver further value to both local and international gaming businesses, and to the UAE’s economy, has never been clearer.”

Founded in 2021, AD Gaming is a government-led initiative that focuses on developing talent, games and esports.

This year, DCT Abu Dhabi revealed its plans to drive job creation in the e-gaming industry, with the positions distributed among more than 20 new companies.

The AD Gaming Hub fosters creativity to generate high-quality gaming content. It also houses many creatives such as artists and programmers.

The next Blast Premier World Final is set to take place on December 16 and 17 at Etihad Arena on Yas Island. The esports event will host a tournament with a prize pool of $1 million.

While you're here
if you go

The flights

Etihad, Emirates and Singapore Airlines fly direct from the UAE to Singapore from Dh2,265 return including taxes. The flight takes about 7 hours.

The hotel

Rooms at the M Social Singapore cost from SG $179 (Dh488) per night including taxes.

The tour

Makan Makan Walking group tours costs from SG $90 (Dh245) per person for about three hours. Tailor-made tours can be arranged. For details go to www.woknstroll.com.sg

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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MATCH INFO

Liverpool 2 (Van Dijk 18', 24')

Brighton 1 (Dunk 79')

Red card: Alisson (Liverpool)

RESULT

RS Leipzig 3 

Marcel Sabitzer 10', 21'

Emil Forsberg 87'

Tottenham 0

 

Martin Sabbagh profile

Job: CEO JCDecaux Middle East

In the role: Since January 2015

Lives: In the UAE

Background: M&A, investment banking

Studied: Corporate finance

THREE
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England v South Africa schedule:

  • First Test: At Lord's, England won by 219 runs
  • Second Test: July 14-18, Trent Bridge, Nottingham, 2pm
  • Third Test: The Oval, London, July 27-31, 2pm
  • Fourth Test: Old Trafford, Manchester, August 4-8
Updated: November 29, 2023, 8:16 AM