• UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE Salary guide 2022
    UAE Salary guide 2022
  • UAE Salary guide 2022
    UAE Salary guide 2022
  • UAE Salary guide 2022
    UAE Salary guide 2022
  • UAE Salary guide 2022
    UAE Salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE salary guide 2022
    UAE salary guide 2022
  • UAE Salary guide 2022
    UAE Salary guide 2022
  • UAE Salary guide 2022
    UAE Salary guide 2022
  • UAE Salary guide 2022
    UAE Salary guide 2022
  • UAE Salary guide 2022
    UAE Salary guide 2022
  • UAE Salary guide 2022
    UAE Salary guide 2022
  • UAE Salary guide 2022
    UAE Salary guide 2022
  • UAE Salary guide 2022
    UAE Salary guide 2022
  • UAE Salary guide 2022
    UAE Salary guide 2022
  • UAE Salary guide 2022
    UAE Salary guide 2022
  • UAE Salary guide 2022
    UAE Salary guide 2022
  • UAE Salary guide 2022
    UAE Salary guide 2022
  • UAE Salary guide 2022
    UAE Salary guide 2022
  • UAE Salary guide 2022
    UAE Salary guide 2022
  • UAE Salary guide 2022
    UAE Salary guide 2022
  • UAE Salary guide 2022
    UAE Salary guide 2022
  • UAE Salary guide 2022
    UAE Salary guide 2022
  • UAE Salary guide 2022
    UAE Salary guide 2022
  • UAE Salary guide 2022
    UAE Salary guide 2022
  • UAE Salary guide 2022
    UAE Salary guide 2022
  • UAE Salary guide 2022
    UAE Salary guide 2022
  • UAE Salary guide 2022
    UAE Salary guide 2022
  • UAE Salary guide 2022
    UAE Salary guide 2022
  • UAE Salary guide 2022
    UAE Salary guide 2022
  • UAE Salary guide 2022
    UAE Salary guide 2022
  • UAE Salary guide 2022
    UAE Salary guide 2022
  • UAE Salary guide 2022
    UAE Salary guide 2022
  • UAE Salary guide 2022
    UAE Salary guide 2022
  • UAE Salary guide 2022
    UAE Salary guide 2022
  • UAE Salary guide 2022
    UAE Salary guide 2022
  • UAE Salary guide 2022
    UAE Salary guide 2022
  • UAE Salary guide 2022
    UAE Salary guide 2022
  • UAE Salary guide 2022
    UAE Salary guide 2022
  • UAE Salary guide 2022
    UAE Salary guide 2022

UAE salaries: what are the most in-demand jobs in 2022 and how much do they pay?


  • English
  • Arabic

Related: UAE salary guide 2022: how much should you be earning?

Businesses in the UAE are expected to accelerate their hiring plans in 2022 as the economy continues to recover and the jobs market returns to pre-pandemic levels, recruitment experts say.

The technology sector will dominate demand for new hires this year while a sharp increase in hiring is expected in well-established industries such as health care, pharmaceuticals, human resources, sales, retail, finance and oil and gas.

“Software developers will be one of the most sought-after skills categories, ranging from state-of-the-art virtual and augmented reality to gamification, cryptocurrency, digital education and telemedicine,” says Deepa Sud, chief executive of Plum Jobs, a Dubai recruitment and leadership skills consultancy.

“Each of these sectors will boom as our work and personal dynamics change with hybrid working becoming more of the norm.”

The jobs market in the UAE, the second-largest Arab economy, has made a strong recovery from the coronavirus-induced slowdown on the back of the government’s fiscal and monetary measures.

The pick-up in economic activity and business confidence spells good news for skilled jobseekers.

“As the most in-demand jobs evolve, candidates and employees who have a robust mix of technical and soft skills will become the most sought-after,” says Ms Sud.

“As we become more reliant on technology in our everyday lives, the need for technology security increases with greater focus on applications and cloud security. Businesses are investing in risk management, threat intelligence and auditing skills as cyber attacks are becoming more common.”

Demand for professionals in cloud computing, cyber security, digital media and artificial intelligence is also expected to surge in 2022, says Richard Jackson, the chief operating officer at recruitment agency TASC Outsourcing.

“The healthcare industry will also continue to be a big employer in 2022, followed by the information technology, internet, e-commerce sectors and hospitality industry,” Mr Jackson adds.

Meanwhile, the most in-demand skills in 2022 will be a combination of technical capabilities – such as digital literacy, technology design and programming – and soft attributes, including critical thinking and analysis, design thinking and innovation.

“Many employers will also be looking for strategic skills like business strategy, strategic planning, organisational development, leadership and team management,” Mr Jackson says.

Good communication skills in both English and Arabic are also highly sought-after by UAE employers, says Ola Haddad, director of human resources at jobs portal Bayt.com.

“[This is] followed by being a team player, having good leadership skills and having the ability to work under pressure,” Ms Haddad says.

With hiring on the increase, what are the most in-demand jobs in 2022 and how much do they pay?

Read on to find out – and check out our comprehensive UAE salary guide 2022 slide show above for a snapshot of your sector.

Demand for strong technical software development professionals is rapidly increasing in the UAE. Getty Images
Demand for strong technical software development professionals is rapidly increasing in the UAE. Getty Images

Technology

Positions in demand: front-end developer, full stack developer, cyber security architect, cloud architect/engineer, IT project management

The demand for software development professionals is rapidly increasing as companies in the UAE continue to digitise their processes after the pandemic, the Michael Page Salary Guide 2022 report says.

“In the past, most of the demand we saw was from highly regulated sectors and software development outsourcing companies, however, recently we have seen an increase in start-ups and scale-ups looking to employ their own talent,” the report says.

“The shortage of skilled talent in this space is a growing problem globally.”

Hiring recommendation: “Where possible, remote working and hybrid models should be explored, while traditional compensation and benefits packages must also be reviewed to ensure employees are receiving attractive, yet fair, incentives,” the Michael Page report says.

Salaries:

  • Front-end developer: Dh12,000 – Dh22,000
  • Full stack developer: Dh20,000 – Dh35,000
  • Cyber security architect: Dh35,000 – Dh60,000
  • Cloud architect/engineer: Dh25,000 – Dh60,000
  • IT project management: Dh20,000 – Dh55,000
A nurse collects samples at a Covid-19 drive-thru in Dubai. The pandemic has driven demand for a range of roles in the healthcare sector. Chris Whiteoak/ The National
A nurse collects samples at a Covid-19 drive-thru in Dubai. The pandemic has driven demand for a range of roles in the healthcare sector. Chris Whiteoak/ The National

Healthcare and life sciences

Positions in demand: nurse, laboratory technician, doctor, regional sales manager, marketing manager

The pandemic has driven demand for medical and laboratory roles since 2020, with healthcare organisations forced to change their operations rapidly to address an increase in patients and testing, the Michael Page report says.

“Many companies are looking to hire in large volumes, which presents a challenge to find licensed professionals with UAE experience or people who can become licensed in the UAE quickly,” it adds.

Hiring recommendation: “Healthcare professionals will also be highly sought-after, so organisations need to ensure they have competitive salaries, benefits and a stable onboarding programme to ensure they are able to attract and, more importantly, retain employees,” the Michael Page report advises.

Salaries:

  • Nurse: Dh6,000 – Dh15,000
  • Laboratory technician: Dh8,000 – Dh15,000
  • Doctor (consultant): Dh60,000 – Dh160,000
  • Regional sales manager (life sciences): Dh30,000 – Dh55,000
  • Marketing manager (life sciences): Dh30,000 – Dh50,000
The retail sector is expected to go on a hiring spree this year as more physical retail stores are expected to open in the UAE in 2022, according to recruitment specialist Robert Half. Reuters
The retail sector is expected to go on a hiring spree this year as more physical retail stores are expected to open in the UAE in 2022, according to recruitment specialist Robert Half. Reuters

Retail

Positions in demand: trainer, store manager, marketer with e-commerce experience, buyer for online channels, sales staff

Online shopping took hold in 2020 after governments around the world introduced movement restrictions to prevent the spread of Covid-19. However, more physical retail stores are expected to open in the UAE in 2022, leading to more jobs, a Robert Half report says.

“Businesses will continue their evolution towards moving online … while also managing their brick-and-mortar investments as having a physical presence is still extremely relevant in the Middle East and this is evident with multiple online brands opening physical stores in the region.”

Hiring recommendation: “Businesses need to invest in training their key functions to maintain a balance between the online and offline world, as well as investing in structures that support a well-established omnichannel experience,” Robert Half says.

Salaries:

  • Trainer: Dh15,000 – Dh30,000
  • Store manager: Dh15,000 – Dh25,000
  • Marketing manager: Dh25,000 – Dh45,000
  • Buying manager: Dh27,000 – Dh40,000
  • Sales staff: Dh5,000 – Dh15,000
HR specialists conduct a job interview with a candidate. A surge in demand for recruitment roles is expected in 2022. Getty
HR specialists conduct a job interview with a candidate. A surge in demand for recruitment roles is expected in 2022. Getty

Human resources

Positions in demand: talent acquisition and recruitment manager, regional HR manager, talent and performance management specialist

The demand for human resources and recruiting specialists in 2022 is “unprecedented” and driven by the trend towards creating an engaged workforce across the new hybrid working models, the Robert Half report says.

Start-ups are also looking to create HR departments, which means that candidates with experience in building an HR function from scratch will be in demand, the report says.

“[There is] a bigger emphasis on launching employee well-being initiatives, especially around mental health support and work-life balance,” it adds.

“This is often led by HR and examples of creative initiatives are sought out by employers when reviewing CVs of candidates.”

Hiring recommendation: “Focus your CV on quantifiable and qualitative achievements related to employee engagement, workplace culture and performance management,” the report advises.

Salaries:

  • Talent acquisition manager: Dh30,000 – Dh40,000
  • Regional HR manager: Dh33,000 – Dh48,000
  • Talent and performance management specialist: Dh20,000 – Dh28,000
An engineer checks an oil pumping unit. The transition to green energies will spur demand for process engineers and technology specialists, experts say. Photo: Alamy
An engineer checks an oil pumping unit. The transition to green energies will spur demand for process engineers and technology specialists, experts say. Photo: Alamy

Oil and gas

Positions in demand: operations manager, project manager, commissioning/decommissioning manager, logistics manager, estimating/cost manager

The oil and gas sector’s shift in focus to reducing greenhouse gas emissions has resulted in many companies investing in new technology, including cloud-based data platforms and AI machine learning to boost productivity.

“As the UAE has committed to achieve net-zero emissions by 2050, the energy sector will transition to green energies and we will see an increase in process engineers and technology specialists,” says Ms Sud of Plum Jobs.

However, the industry is facing recruitment challenges, particularly with fresh talent, says the Robert Half salary report.

“Oil and gas companies are looking for employees who have a wide range of skills and backgrounds to help them become more differentiated as new business strategies and new innovations emerge,” it says.

Hiring recommendation: “Organisations should recognise that innovation and digital transformation will be critical to increasing efficiency and accelerating sustainability, and can be used as key employer branding pillars to attract and retain talent,” the report says.

Salaries:

  • Operations manager: Dh40,000 – Dh50,000
  • Project manager: Dh32,000 – Dh45,000
  • Commissioning/decommissioning manager: Dh28,000 – Dh40,000
  • Logistics manager: Dh20,000 – Dh35,000
  • Estimating/cost manager: Dh30,000 – Dh42,000
The line up

Friday: Giggs, Sho Madjozi and Masego  

Saturday: Nas, Lion Bbae, Roxanne Shante and DaniLeigh  

Sole DXB runs from December 6 to 8 at Dubai Design District. Weekend pass is Dh295 while a one day pass is Dh195. Tickets are available from www.soledxb.com

Abu Dhabi traffic facts

Drivers in Abu Dhabi spend 10 per cent longer in congested conditions than they would on a free-flowing road

The highest volume of traffic on the roads is found between 7am and 8am on a Sunday.

Travelling before 7am on a Sunday could save up to four hours per year on a 30-minute commute.

The day was the least congestion in Abu Dhabi in 2019 was Tuesday, August 13.

The highest levels of traffic were found on Sunday, November 10.

Drivers in Abu Dhabi lost 41 hours spent in traffic jams in rush hour during 2019

 

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

Skoda Superb Specs

Engine: 2-litre TSI petrol

Power: 190hp

Torque: 320Nm

Price: From Dh147,000

Available: Now

Roger Federer's record at Wimbledon

Roger Federer's record at Wimbledon

1999 - 1st round

2000 - 1st round

2001 - Quarter-finalist

2002 - 1st round

2003 - Winner

2004 - Winner

2005 - Winner

2006 - Winner

2007 - Winner

2008 - Finalist

2009 - Winner

2010 - Quarter-finalist

2011 - Quarter-finalist

2012 - Winner

2013 - 2nd round

2014 - Finalist

2015 - Finalist

2016 - Semi-finalist

BMW M5 specs

Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor

Power: 727hp

Torque: 1,000Nm

Transmission: 8-speed auto

Fuel consumption: 10.6L/100km

On sale: Now

Price: From Dh650,000

MATCH INFO

Barcelona 2
Suarez (10'), Messi (52')

Real Madrid 2
Ronaldo (14'), Bale (72')

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Switch%20Foods%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202022%3Cbr%3E%3Cstrong%3EFounder%3A%3C%2Fstrong%3E%20Edward%20Hamod%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Abu%20Dhabi%2C%20UAE%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Plant-based%20meat%20production%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%2034%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20%246.5%20million%3Cbr%3E%3Cstrong%3EFunding%20round%3A%3C%2Fstrong%3E%20Seed%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Based%20in%20US%20and%20across%20Middle%20East%3C%2Fp%3E%0A
Company%20Profile
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20HyveGeo%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202023%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Abdulaziz%20bin%20Redha%2C%20Dr%20Samsurin%20Welch%2C%20Eva%20Morales%20and%20Dr%20Harjit%20Singh%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3ECambridge%20and%20Dubai%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%208%3Cbr%3E%3Cstrong%3EIndustry%3A%20%3C%2Fstrong%3ESustainability%20%26amp%3B%20Environment%3Cbr%3E%3Cstrong%3EFunding%3A%20%3C%2Fstrong%3E%24200%2C000%20plus%20undisclosed%20grant%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EVenture%20capital%20and%20government%3C%2Fp%3E%0A
UAE currency: the story behind the money in your pockets
Results

1. Lewis Hamilton (Mercedes) 1hr 32mins 03.897sec

2. Max Verstappen (Red Bull-Honda) at 0.745s

3. Valtteri Bottas (Mercedes) 37.383s

4. Lando Norris (McLaren) 46.466s

5.Sergio Perez (Red Bull-Honda) 52.047s

6. Charles Leclerc (Ferrari) 59.090s

7. Daniel Ricciardo (McLaren) 1:06.004

8. Carlos Sainz Jr (Ferrari) 1:07.100

9. Yuki Tsunoda (AlphaTauri-Honda) 1:25.692

10. Lance Stroll (Aston Martin-Mercedes) 1:26.713,

The rules on fostering in the UAE

A foster couple or family must:

  • be Muslim, Emirati and be residing in the UAE
  • not be younger than 25 years old
  • not have been convicted of offences or crimes involving moral turpitude
  • be free of infectious diseases or psychological and mental disorders
  • have the ability to support its members and the foster child financially
  • undertake to treat and raise the child in a proper manner and take care of his or her health and well-being
  • A single, divorced or widowed Muslim Emirati female, residing in the UAE may apply to foster a child if she is at least 30 years old and able to support the child financially
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

Infiniti QX80 specs

Engine: twin-turbocharged 3.5-liter V6

Power: 450hp

Torque: 700Nm

Price: From Dh450,000, Autograph model from Dh510,000

Available: Now

Tributes from the UAE's personal finance community

• Sebastien Aguilar, who heads SimplyFI.org, a non-profit community where people learn to invest Bogleheads’ style

“It is thanks to Jack Bogle’s work that this community exists and thanks to his work that many investors now get the full benefits of long term, buy and hold stock market investing.

Compared to the industry, investing using the common sense approach of a Boglehead saves a lot in costs and guarantees higher returns than the average actively managed fund over the long term. 

From a personal perspective, learning how to invest using Bogle’s approach was a turning point in my life. I quickly realised there was no point chasing returns and paying expensive advisers or platforms. Once money is taken care off, you can work on what truly matters, such as family, relationships or other projects. I owe Jack Bogle for that.”

• Sam Instone, director of financial advisory firm AES International

"Thought to have saved investors over a trillion dollars, Jack Bogle’s ideas truly changed the way the world invests. Shaped by his own personal experiences, his philosophy and basic rules for investors challenged the status quo of a self-interested global industry and eventually prevailed.  Loathed by many big companies and commission-driven salespeople, he has transformed the way well-informed investors and professional advisers make decisions."

• Demos Kyprianou, a board member of SimplyFI.org

"Jack Bogle for me was a rebel, a revolutionary who changed the industry and gave the little guy like me, a chance. He was also a mentor who inspired me to take the leap and take control of my own finances."

• Steve Cronin, founder of DeadSimpleSaving.com

"Obsessed with reducing fees, Jack Bogle structured Vanguard to be owned by its clients – that way the priority would be fee minimisation for clients rather than profit maximisation for the company.

His real gift to us has been the ability to invest in the stock market (buy and hold for the long term) rather than be forced to speculate (try to make profits in the shorter term) or even worse have others speculate on our behalf.

Bogle has given countless investors the ability to get on with their life while growing their wealth in the background as fast as possible. The Financial Independence movement would barely exist without this."

• Zach Holz, who blogs about financial independence at The Happiest Teacher

"Jack Bogle was one of the greatest forces for wealth democratisation the world has ever seen.  He allowed people a way to be free from the parasitical "financial advisers" whose only real concern are the fat fees they get from selling you over-complicated "products" that have caused millions of people all around the world real harm.”

• Tuan Phan, a board member of SimplyFI.org

"In an industry that’s synonymous with greed, Jack Bogle was a lone wolf, swimming against the tide. When others were incentivised to enrich themselves, he stood by the ‘fiduciary’ standard – something that is badly needed in the financial industry of the UAE."

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

GCC-UK%20Growth
%3Cp%3EAn%20FTA%20with%20the%20GCC%20would%20be%20very%20significant%20for%20the%20UK.%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20My%20Department%20has%20forecast%20that%20it%20could%20generate%20an%20additional%20%C2%A31.6%20billion%20a%20year%20for%20our%20economy.%3Cbr%3EWith%20consumer%20demand%20across%20the%20GCC%20predicted%20to%20increase%20to%20%C2%A3800%20billion%20by%202035%20this%20deal%20could%20act%20as%20a%20launchpad%20from%20which%20our%20firms%20can%20boost%20their%20market%20share.%3C%2Fp%3E%0A

SPECS

Nissan 370z Nismo

Engine: 3.7-litre V6

Transmission: seven-speed automatic

Power: 363hp

Torque: 560Nm

Price: Dh184,500

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

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

The National's picks

4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young

Founders: Abdulmajeed Alsukhan, Turki Bin Zarah and Abdulmohsen Albabtain.

Based: Riyadh

Offices: UAE, Vietnam and Germany

Founded: September, 2020

Number of employees: 70

Sector: FinTech, online payment solutions

Funding to date: $116m in two funding rounds  

Investors: Checkout.com, Impact46, Vision Ventures, Wealth Well, Seedra, Khwarizmi, Hala Ventures, Nama Ventures and family offices

'Top Gun: Maverick'

Rating: 4/5

 

Directed by: Joseph Kosinski

 

Starring: Tom Cruise, Val Kilmer, Jennifer Connelly, Jon Hamm, Miles Teller, Glen Powell, Ed Harris

 
THE%C2%A0SPECS
%3Cp%3EEngine%3A%204-cylinder%202.5-litre%20%2F%202-litre%20turbo%0D%3Cbr%3EPower%3A%20188hp%20%2F%20248hp%0D%3Cbr%3ETorque%3A%20244Nm%20%2F%20370Nm%0D%3Cbr%3ETransmission%3A%207-speed%20auto%0D%3Cbr%3EOn%20sale%3A%20now%0D%3Cbr%3EPrice%3A%20From%20Dh110%2C000%0D%3C%2Fp%3E%0A
Tips for taking the metro

- set out well ahead of time

- make sure you have at least Dh15 on you Nol card, as there could be big queues for top-up machines

- enter the right cabin. The train may be too busy to move between carriages once you're on

- don't carry too much luggage and tuck it under a seat to make room for fellow passengers

SPEC%20SHEET
%3Cp%3E%3Cstrong%3EProcessor%3A%3C%2Fstrong%3E%20Apple%20M2%2C%208-core%20CPU%2C%20up%20to%2010-core%20CPU%2C%2016-core%20Neural%20Engine%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EDisplay%3A%3C%2Fstrong%3E%2013.6-inch%20Liquid%20Retina%2C%202560%20x%201664%2C%20224ppi%2C%20500%20nits%2C%20True%20Tone%2C%20wide%20colour%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMemory%3A%3C%2Fstrong%3E%208%2F16%2F24GB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStorage%3A%3C%2Fstrong%3E%20256%2F512GB%20%2F%201%2F2TB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EI%2FO%3A%3C%2Fstrong%3E%20Thunderbolt%203%20(2)%2C%203.5mm%20audio%2C%20Touch%20ID%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EConnectivity%3A%3C%2Fstrong%3E%20Wi-Fi%206%2C%20Bluetooth%205.0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBattery%3A%3C%2Fstrong%3E%2052.6Wh%20lithium-polymer%2C%20up%20to%2018%20hours%2C%20MagSafe%20charging%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECamera%3A%3C%2Fstrong%3E%201080p%20FaceTime%20HD%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EVideo%3A%3C%2Fstrong%3E%20Support%20for%20Apple%20ProRes%2C%20HDR%20with%20Dolby%20Vision%2C%20HDR10%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EAudio%3A%3C%2Fstrong%3E%204-speaker%20system%2C%20wide%20stereo%2C%20support%20for%20Dolby%20Atmos%2C%20Spatial%20Audio%20and%20dynamic%20head%20tracking%20(with%20AirPods)%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EColours%3A%3C%2Fstrong%3E%20Silver%2C%20space%20grey%2C%20starlight%2C%20midnight%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EIn%20the%20box%3A%3C%2Fstrong%3E%20MacBook%20Air%2C%2030W%20or%2035W%20dual-port%20power%20adapter%2C%20USB-C-to-MagSafe%20cable%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20From%20Dh4%2C999%3C%2Fp%3E%0A
SUZUME
%3Cp%3EDirector%3A%20Makoto%20Shinkai%3C%2Fp%3E%0A%3Cp%3EStars%3A%20Nanoka%20Hara%2C%20Hokuto%20Matsumura%2C%20Eri%20Fukatsu%3C%2Fp%3E%0A%3Cp%3ERating%3A%204%2F5%3C%2Fp%3E%0A
The%20specs%20
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E2.0-litre%204cyl%20turbo%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E261hp%20at%205%2C500rpm%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E400Nm%20at%201%2C750-4%2C000rpm%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E7-speed%20dual-clutch%20auto%0D%3Cbr%3E%3Cstrong%3EFuel%20consumption%3A%20%3C%2Fstrong%3E10.5L%2F100km%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3ENow%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh129%2C999%20(VX%20Luxury)%3B%20from%20Dh149%2C999%20(VX%20Black%20Gold)%3C%2Fp%3E%0A

Director: Laxman Utekar

Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna

Rating: 1/5

UAE rugby in numbers

5 - Year sponsorship deal between Hesco and Jebel Ali Dragons

700 - Dubai Hurricanes had more than 700 playing members last season between their mini and youth, men's and women's teams

Dh600,000 - Dubai Exiles' budget for pitch and court hire next season, for their rugby, netball and cricket teams

Dh1.8m - Dubai Hurricanes' overall budget for next season

Dh2.8m - Dubai Exiles’ overall budget for next season

Updated: January 13, 2022, 8:46 AM