In the span of just a few weeks, our lives moved from the physical world to digital spaces.
The technology companies that have driven Wall Street for years - Apple, Google, Facebook, Amazon - are more important to our daily lives than ever and are reaping the financial rewards. This week, with first-quarter earnings being reported, traditional industries are running out of cash while meanwhile, these giants are rebounding from the initial shock to markets and coming back stronger than ever.
The question now is, what will the lasting effect be of this tech boom on our shared digital culture?
This crisis has accelerated trends that were already present.
We have debated the possibility of remote work and increased automation for years. Covid-19 pushed us into action. But in the rush to adapt to our new digital existence, compromises are being made in terms of users’ privacy, the value of content and how we communicate with one another.
With massive and nearly immediate uptake in turning almost exclusively to the web to run our work and social lives, this new type of digital connection surfaces some thorny issues. In a highly unusual partnership, Apple and Google announced in April that they would work together to create a global contact tracing application for Covid-19.
The companies will add features to the popular Android and iOS operating systems that will allow certain applications to track the physical proximity between phones using Bluetooth radios. If a person with Covid-19 is registered in an application, a user would receive an alert if their phone came in close contact. Varying forms of contact tracing have been used in China and South Korea with great success but the potential for negative consequences is high with regard to negligent oversharing and reckless surveillance.
Experts are in unison that contact tracing can help fight the virus, but users will need to make a leap of faith in order for the apps to make a difference.
For these applications to work, they need buy-in from users. In China, that wasn’t a challenge because users were given no choice but to use the applications. In Western countries, however, privacy experts are already raising alarm bells over potential issues with the system. If there was ever a time for the leading technology companies to demonstrate their commitment to the public good and data privacy it is now.
These types of privacy issues serve as a reminder of just how far we have to go in building a robust digital infrastructure that encourages innovation while protecting consumers. Given the surge in technology use during the crisis, we appear to be going backward when it comes to some basic issues of data privacy.
But it’s not all doom and gloom. We can use this crisis as an opportunity to draft the type of regulations and consumer awareness that are needed to reverse these trends. The first step is addressing the tradeoff between sensible regulations and a marketplace that encourages innovation.
In the US, the world’s most powerful technology companies have been able to grow free from meaningful regulations that specifically safeguard user privacy. By extension, users are more likely to sign up for new services without reading the fine print detailing how their data is used. Just ask yourself: Did you read Zoom’s terms and conditions before you signed up to use the service during Covid-19?
This approach needs to change and, thankfully, there are some precedents that can guide better policy. The EU, for example, has been working to establish new approaches to data that seek to safeguard users’ rights under the General Data Protection Regulations (GDPR).
In 2018, the GDPR came into effect across the EU. The legislation is designed to modernise the laws that protect personal information on the internet. The GDPR forces companies to disclose how they collected certain pieces of user data and what they used the data for. Instead of creating different platforms for different countries, many companies simply updated their entire approach to data collection based on the GDPR for all users. While there have been some hiccups in implementation, the GDPR is widely regarded as a success for users since it gives people more control over their data and knowledge of how it is used on the internet.
We have all experienced the awesome power of technology during the Covid-19 crisis. We have also experienced some of the challenges that such impressive technology brings to the market. The Covid-19 crisis might be the perfect catalyst for a new approach to sensible technology regulations. Such change is critical as Big Tech is poised to emerge from Covid-19 even more dominant. This is a watershed moment for our digital culture. We can’t afford to miss this opportunity to change it for the better.
Mary Ames is the director of strategy at Xische, a venture consulting and communications agency and publishing house in Dubai
All the Money in the World
Director: Ridley Scott
Starring: Charlie Plummer, Mark Wahlberg, Michelle Williams, Christopher Plummer
Four stars
EA Sports FC 26
Publisher: EA Sports
Consoles: PC, PlayStation 4/5, Xbox Series X/S
Rating: 3/5
COMPANY PROFILE
Name: Kumulus Water
Started: 2021
Founders: Iheb Triki and Mohamed Ali Abid
Based: Tunisia
Sector: Water technology
Number of staff: 22
Investment raised: $4 million
EMERGENCY PHONE NUMBERS
Estijaba – 8001717 – number to call to request coronavirus testing
Ministry of Health and Prevention – 80011111
Dubai Health Authority – 800342 – The number to book a free video or voice consultation with a doctor or connect to a local health centre
Emirates airline – 600555555
Etihad Airways – 600555666
Ambulance – 998
Knowledge and Human Development Authority – 8005432 ext. 4 for Covid-19 queries
RedCrow Intelligence Company Profile
Started: 2016
Founders: Hussein Nasser Eddin, Laila Akel, Tayeb Akel
Based: Ramallah, Palestine
Sector: Technology, Security
# of staff: 13
Investment: $745,000
Investors: Palestine’s Ibtikar Fund, Abu Dhabi’s Gothams and angel investors
How Filipinos in the UAE invest
A recent survey of 10,000 Filipino expatriates in the UAE found that 82 per cent have plans to invest, primarily in property. This is significantly higher than the 2014 poll showing only two out of 10 Filipinos planned to invest.
Fifty-five percent said they plan to invest in property, according to the poll conducted by the New Perspective Media Group, organiser of the Philippine Property and Investment Exhibition. Acquiring a franchised business or starting up a small business was preferred by 25 per cent and 15 per cent said they will invest in mutual funds. The rest said they are keen to invest in insurance (3 per cent) and gold (2 per cent).
Of the 5,500 respondents who preferred property as their primary investment, 54 per cent said they plan to make the purchase within the next year. Manila was the top location, preferred by 53 per cent.
Desert Warrior
Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley
Director: Rupert Wyatt
Rating: 3/5
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
Palestine and Israel - live updates
Four motivational quotes from Alicia's Dubai talk
“The only thing we need is to know that we have faith. Faith and hope in our own dreams. The belief that, when we keep going we’re going to find our way. That’s all we got.”
“Sometimes we try so hard to keep things inside. We try so hard to pretend it’s not really bothering us. In some ways, that hurts us more. You don’t realise how dishonest you are with yourself sometimes, but I realised that if I spoke it, I could let it go.”
“One good thing is to know you’re not the only one going through it. You’re not the only one trying to find your way, trying to find yourself, trying to find amazing energy, trying to find a light. Show all of yourself. Show every nuance. All of your magic. All of your colours. Be true to that. You can be unafraid.”
“It’s time to stop holding back. It’s time to do it on your terms. It’s time to shine in the most unbelievable way. It’s time to let go of negativity and find your tribe, find those people that lift you up, because everybody else is just in your way.”
Important questions to consider
1. Where on the plane does my pet travel?
There are different types of travel available for pets:
- Manifest cargo
- Excess luggage in the hold
- Excess luggage in the cabin
Each option is safe. The feasibility of each option is based on the size and breed of your pet, the airline they are traveling on and country they are travelling to.
2. What is the difference between my pet traveling as manifest cargo or as excess luggage?
If traveling as manifest cargo, your pet is traveling in the front hold of the plane and can travel with or without you being on the same plane. The cost of your pets travel is based on volumetric weight, in other words, the size of their travel crate.
If traveling as excess luggage, your pet will be in the rear hold of the plane and must be traveling under the ticket of a human passenger. The cost of your pets travel is based on the actual (combined) weight of your pet in their crate.
3. What happens when my pet arrives in the country they are traveling to?
As soon as the flight arrives, your pet will be taken from the plane straight to the airport terminal.
If your pet is traveling as excess luggage, they will taken to the oversized luggage area in the arrival hall. Once you clear passport control, you will be able to collect them at the same time as your normal luggage. As you exit the airport via the ‘something to declare’ customs channel you will be asked to present your pets travel paperwork to the customs official and / or the vet on duty.
If your pet is traveling as manifest cargo, they will be taken to the Animal Reception Centre. There, their documentation will be reviewed by the staff of the ARC to ensure all is in order. At the same time, relevant customs formalities will be completed by staff based at the arriving airport.
4. How long does the travel paperwork and other travel preparations take?
This depends entirely on the location that your pet is traveling to. Your pet relocation compnay will provide you with an accurate timeline of how long the relevant preparations will take and at what point in the process the various steps must be taken.
In some cases they can get your pet ‘travel ready’ in a few days. In others it can be up to six months or more.
5. What vaccinations does my pet need to travel?
Regardless of where your pet is traveling, they will need certain vaccinations. The exact vaccinations they need are entirely dependent on the location they are traveling to. The one vaccination that is mandatory for every country your pet may travel to is a rabies vaccination.
Other vaccinations may also be necessary. These will be advised to you as relevant. In every situation, it is essential to keep your vaccinations current and to not miss a due date, even by one day. To do so could severely hinder your pets travel plans.
Source: Pawsome Pets UAE
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