• The UAE's Air Force Aerobatic Team, Al-Fursan, performs stunts at the Dubai Airshow in 2019. Karim Sahib / AFP
    The UAE's Air Force Aerobatic Team, Al-Fursan, performs stunts at the Dubai Airshow in 2019. Karim Sahib / AFP
  • Visitors arrive at the Dubai Airshow in 2019. Karim Sahib / AFP
    Visitors arrive at the Dubai Airshow in 2019. Karim Sahib / AFP
  • The Royal Air Force, UK Trade and Investment stand at the air show in 2013. Antonie Robertson / The National
    The Royal Air Force, UK Trade and Investment stand at the air show in 2013. Antonie Robertson / The National
  • Guests walk past the flydubai B737-700 BBJ plane at the show in 2013. Sarah Dea / The National
    Guests walk past the flydubai B737-700 BBJ plane at the show in 2013. Sarah Dea / The National
  • Visitors walk past the Emirates Airbus A380-800 plane in 2013. Sarah Dea / The National
    Visitors walk past the Emirates Airbus A380-800 plane in 2013. Sarah Dea / The National
  • Sheikh Ahmed Bin Saeed Al Maktoum, President of the Department of Civil Aviation, CEO and Chairman of The Emirates Group and Chairman of Dubai World, steps out from the Legacy 650 by Embraer at the show in 2013. Sarah Dea / The National
    Sheikh Ahmed Bin Saeed Al Maktoum, President of the Department of Civil Aviation, CEO and Chairman of The Emirates Group and Chairman of Dubai World, steps out from the Legacy 650 by Embraer at the show in 2013. Sarah Dea / The National
  • A media flight onboard the Airbus Military A400M MRTT in 2013. Christopher Pike / The National
    A media flight onboard the Airbus Military A400M MRTT in 2013. Christopher Pike / The National
  • Planes form a line at the air show. Pawan Singh / The National
    Planes form a line at the air show. Pawan Singh / The National
  • The Pakistan Aeronautical Complex stand at the 2015 Dubai Airshow. Antonie Robertson / The National
    The Pakistan Aeronautical Complex stand at the 2015 Dubai Airshow. Antonie Robertson / The National
  • Sheikh Ahmed Bin Saeed examines a Bell helicopter. Pawan Singh / The National
    Sheikh Ahmed Bin Saeed examines a Bell helicopter. Pawan Singh / The National
  • An Iomax Arch Angel border security aircraft at the 2015 Dubai Airshow. Antonie Robertson / The National
    An Iomax Arch Angel border security aircraft at the 2015 Dubai Airshow. Antonie Robertson / The National
  • The 2015 Dubai Airshow. Antonie Robertson / The National
    The 2015 Dubai Airshow. Antonie Robertson / The National
  • Crowds flock to the show in 2015. Antonie Robertson / The National
    Crowds flock to the show in 2015. Antonie Robertson / The National
  • A media flight onboard the Airbus Military A400M MRTT in 2013. Christopher Pike / The National
    A media flight onboard the Airbus Military A400M MRTT in 2013. Christopher Pike / The National
  • Sheikh Ahmed Bin Saeed visits the show. Pawan Singh / The National
    Sheikh Ahmed Bin Saeed visits the show. Pawan Singh / The National
  • Visitors walk by a Hawk Advanced Jet Trainer model at the BAE Systems stand. Sarah Dea / The National
    Visitors walk by a Hawk Advanced Jet Trainer model at the BAE Systems stand. Sarah Dea / The National
  • Visitors attend the show in 2014. Pawan Singh / The National
    Visitors attend the show in 2014. Pawan Singh / The National
  • Back in 2005, the Airbus A380, sporting the colors of air carrier Emirates, takes off. AFP
    Back in 2005, the Airbus A380, sporting the colors of air carrier Emirates, takes off. AFP
  • A LEAP high-bypass turbofan engine on display in 2013. Sarah Dea / The National
    A LEAP high-bypass turbofan engine on display in 2013. Sarah Dea / The National
  • An Emirates Airline A380 leads the Al Fursan aerobatic display team during the opening ceremony in 2017. AP Photo / Kamran Jebreili
    An Emirates Airline A380 leads the Al Fursan aerobatic display team during the opening ceremony in 2017. AP Photo / Kamran Jebreili
  • The Al Fursan team puts on a dazzling display in 2019. Reuters / Christopher Pike
    The Al Fursan team puts on a dazzling display in 2019. Reuters / Christopher Pike
  • A Dubai Airshow press briefing gets under way, led by Sheikh Ahmed Bin Saeed. Photo: Tarasus
    A Dubai Airshow press briefing gets under way, led by Sheikh Ahmed Bin Saeed. Photo: Tarasus

Airport Show 2022 to be held next May in Dubai as aviation sector continues to recover


Fareed Rahman
  • English
  • Arabic

The Airport Show 2022 will run from May 17 to 19 in Dubai next year and will bring together key stakeholders to discuss the future of travel as the aviation sector charts a steady recovery out of the pandemic.

A three-day event, the show will focus on the latest technological advancements that are reshaping the aviation sector, organisers said on Sunday.

The Airport Show will “provide an impetus for the aviation industry to appear stronger and better in the wake of the coronavirus pandemic and to learn about the latest smart solutions and innovations that will reshape the future of the industry”, said Sheikh Ahmed bin Saeed, president of the Dubai Civil Aviation Authority and chairman of Dubai Airports.

Aviation, which was one of the sectors worst-hit by the pandemic, is on its way to recovery and airlines are expected to return to profitability in 2023, according to the International Air Transport Association. The global airlines are also expected to narrow losses next year amid the recovery.

Countries are also investing heavily to modernise infrastructure at airports to deal with any situation in the future similar to the pandemic. The total spend is expected to reach $2.4 trillion by 2040, according to forecasts by the Airports Council International whose members operate 1,933 airports in 183 countries.

The Middle East alone needs to spend about $151 billion to complete the expansion and modernisation of airports that were slowed down owing to the pandemic, according to the ACI report.

“These countries have to start again their forward journey to keep pace with the expected boom in passenger traffic in the coming years and improve the overall airport experience by utilising new technologies like artificial intelligence and the adoption of biometric systems at check-in and baggage,” the report said.

The UAE has hosted a number of major events in the past month, including the Dubai Airshow, the Abu Dhabi International Petroleum Exhibition and Conference as well as the Global Manufacturing and Industrialisation Summit as movement restrictions are eased owing to a drop in the country's number of coronavirus infections.

Airbus forecasts that air traffic in the Middle East will achieve full recovery to 2019 levels between late 2022 and mid-2024.

____________________

Dubai Airshow 2021

  • Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, watches aerobatic displays at Dubai Airshow. Photo: Dubai Media Office
    Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, watches aerobatic displays at Dubai Airshow. Photo: Dubai Media Office
  • Sheikh Mohammed visited the Dubai Airshow on day one. Photo: Dubai Media Office
    Sheikh Mohammed visited the Dubai Airshow on day one. Photo: Dubai Media Office
  • Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, receives official delegations at Dubai Airshow. Photo: Dubai Media Office
    Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, receives official delegations at Dubai Airshow. Photo: Dubai Media Office
  • Sheikh Mohammed receives ministers of defence and chiefs of staff of countries participating in Dubai Airshow. Photo: Dubai Media Office
    Sheikh Mohammed receives ministers of defence and chiefs of staff of countries participating in Dubai Airshow. Photo: Dubai Media Office
  • The Russian Knights perform. Chris Whiteoak / The National
    The Russian Knights perform. Chris Whiteoak / The National
  • Telal International design and manufacture pilot and steward uniforms. The company is exhibiting at the airshow for the first time. Chris Whiteoak / The National
    Telal International design and manufacture pilot and steward uniforms. The company is exhibiting at the airshow for the first time. Chris Whiteoak / The National
  • A visitor takes pictures of the Russian Knights. Chris Whiteoak / The National
    A visitor takes pictures of the Russian Knights. Chris Whiteoak / The National
  • Dubai Airshow begins at Dubai World Central. Photo: Dubai Media Office
    Dubai Airshow begins at Dubai World Central. Photo: Dubai Media Office
  • Crowds at the Dubai Airshow. Chris Whiteoak / The National
    Crowds at the Dubai Airshow. Chris Whiteoak / The National
  • An Etihad Airbus A350-1041, in special livery to celebrate the UAE's Golden Jubilee, at the Dubai Airshow, with a Boeing 777X in the background. Chris Whiteoak / The National
    An Etihad Airbus A350-1041, in special livery to celebrate the UAE's Golden Jubilee, at the Dubai Airshow, with a Boeing 777X in the background. Chris Whiteoak / The National
  • A Thunder B-VTOL unmanned aerial vehicle system at the Israel Aerospace Industries stand at the Dubai Airshow. Chris Whiteoak / The National
    A Thunder B-VTOL unmanned aerial vehicle system at the Israel Aerospace Industries stand at the Dubai Airshow. Chris Whiteoak / The National
  • The Al Tariq series at The Edge stand at the Dubai Airshow. Chris Whiteoak / The National
    The Al Tariq series at The Edge stand at the Dubai Airshow. Chris Whiteoak / The National
  • The new suite at the Emirates stand at the Dubai Airshow. Chris Whiteoak / The National
    The new suite at the Emirates stand at the Dubai Airshow. Chris Whiteoak / The National
  • Members of the Navy attend the airshow. Chris Whiteoak/ The National
    Members of the Navy attend the airshow. Chris Whiteoak/ The National
  • The Russian Knights perform at the airshow. Chris Whiteoak/ The National
    The Russian Knights perform at the airshow. Chris Whiteoak/ The National
  • A model of the Airbus A400M at the Dubai Airshow. Chris Whiteoak/ The National
    A model of the Airbus A400M at the Dubai Airshow. Chris Whiteoak/ The National
  • Official delegations at Dubai Airshow. Photo: Dubai Media Office
    Official delegations at Dubai Airshow. Photo: Dubai Media Office
  • The show gets off to a flying start. Photo: Dubai Media Office
    The show gets off to a flying start. Photo: Dubai Media Office
  • A Boeing 777-X at the airshow. Chris Whiteoak / The National
    A Boeing 777-X at the airshow. Chris Whiteoak / The National
  • Dubai Airshow begins at Dubai World Central. Photo: Dubai Media Office
    Dubai Airshow begins at Dubai World Central. Photo: Dubai Media Office
  • Jets impress the crowds. Photo: Dubai Media Office
    Jets impress the crowds. Photo: Dubai Media Office
  • Boeing's newest 777X wide-body aircraft makes its international debut at Dubai Airshow. Photo: Dubai Media Office
    Boeing's newest 777X wide-body aircraft makes its international debut at Dubai Airshow. Photo: Dubai Media Office
  • An aerobatic display at Dubai World Central. Photo: Dubai Media Office
    An aerobatic display at Dubai World Central. Photo: Dubai Media Office
  • The show begins. Photo: Dubai Media Office
    The show begins. Photo: Dubai Media Office
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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Honeymoonish
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CONFIRMED%20LINE-UP
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Marathon results

Men:

 1. Titus Ekiru(KEN) 2:06:13 

2. Alphonce Simbu(TAN) 2:07:50 

3. Reuben Kipyego(KEN) 2:08:25 

4. Abel Kirui(KEN) 2:08:46 

5. Felix Kemutai(KEN) 2:10:48  

Women:

1. Judith Korir(KEN) 2:22:30 

2. Eunice Chumba(BHR) 2:26:01 

3. Immaculate Chemutai(UGA) 2:28:30 

4. Abebech Bekele(ETH) 2:29:43 

5. Aleksandra Morozova(RUS) 2:33:01  

While you're here
Squid Game season two

Director: Hwang Dong-hyuk 

Stars:  Lee Jung-jae, Wi Ha-joon and Lee Byung-hun

Rating: 4.5/5

The story in numbers

18

This is how many recognised sects Lebanon is home to, along with about four million citizens

450,000

More than this many Palestinian refugees are registered with UNRWA in Lebanon, with about 45 per cent of them living in the country’s 12 refugee camps

1.5 million

There are just under 1 million Syrian refugees registered with the UN, although the government puts the figure upwards of 1.5m

73

The percentage of stateless people in Lebanon, who are not of Palestinian origin, born to a Lebanese mother, according to a 2012-2013 study by human rights organisation Frontiers Ruwad Association

18,000

The number of marriages recorded between Lebanese women and foreigners between the years 1995 and 2008, according to a 2009 study backed by the UN Development Programme

77,400

The number of people believed to be affected by the current nationality law, according to the 2009 UN study

4,926

This is how many Lebanese-Palestinian households there were in Lebanon in 2016, according to a census by the Lebanese-Palestinian dialogue committee

Porsche Macan T: The Specs

Engine: 2.0-litre 4-cyl turbo 

Power: 265hp from 5,000-6,500rpm 

Torque: 400Nm from 1,800-4,500rpm 

Transmission: 7-speed dual-clutch auto 

Speed: 0-100kph in 6.2sec 

Top speed: 232kph 

Fuel consumption: 10.7L/100km 

On sale: May or June 

Price: From Dh259,900  

The specs
Engine: 2.0-litre 4-cyl turbo

Power: 201hp at 5,200rpm

Torque: 320Nm at 1,750-4,000rpm

Transmission: 6-speed auto

Fuel consumption: 8.7L/100km

Price: Dh133,900

On sale: now 

Updated: December 05, 2021, 12:29 PM