Illustration by Gary Clement for The National
Illustration by Gary Clement for The National
Illustration by Gary Clement for The National
Illustration by Gary Clement for The National

Nima Abu Wardeh’s pitch: camp out on a family holiday


  • English
  • Arabic

Imagine a holiday costing Dh50 per person per day – all in, plane tickets on top – and having the time of your life. This is what friends of mine did with their three young children, and it is something that I will be trying out soon. Granted, you would need to like camping for a start, have a great sense of adventure, and be happy to make do with whatever is available. Obviously that's not taking into account the cost of kitting yourself out for the trip in the way of a tent, stove and other camping gear. But if you're into this sort of thing you would have this stuff anyway.
My friends did this for two weeks. They booked tickets to South Africa, hired a car and drove off. They knew the route they were taking, but they'd forgotten to sort out where they were going to spend the first night. That's the beauty of carrying your own accommodation and being relaxed about things. They camped every night bar one – and that was only because it was getting dark and they didn't like the idea of setting up camp late at night. Instead, they stumbled upon very affordable board; they spent the night in an indigenous community that had built teepee-type tents for hire. The rest of the time they stayed in their tent on reserves, including the more than 2 million hectares of Kruger National Park. What an amazing experience .
That was many months ago. Right now they are staying at a wonderful exclusive resort – the type that has kids' clubs, sports, boat trips, parties, you name it. This place costs a minimum of €100 (Dh501) per person per night and is as far removed from a camp-drive getaway as you can get. Their children are having a fabulous time and there isn't a dull moment. But they still actively ask when their next camping holiday will be.
This family can afford to pay for idyllic holidays with any price tag, but they deliberately set out a budget for their Africa adventure with the idea of seeing how much they can have – in the way of experiences and a quality holiday – for "less".
It was such a success on every level that they'll be doing a lot more.
How many of you budget for a family vacation, let alone stick to it?
It's a real must, folks.
We all experience holiday hell at some point. One example is badly planned escapes that leave us so out of cash that we just bury our heads in the sand rather than face up to the big black hole we burnt in our bank balance – hopefully the good news is that these are holidays we can afford. But more often than not, people get into debt to get away, or while they're away – preferring to book a holiday on a credit card or via other payments than stay put and face up to the consequences of their lifestyles and accrued debt.
The way out of this horror is to budget. This does not mean be frugal – although what's wrong with that? – it means allocating a specific amount of money for a holiday.
And then you need to stick to that figure come what may.
I love the idea of a holiday costing Dh50 per person per day and am setting that as my yardstick soon – I'll share where we go and what we do when we do it. But what about you? There's a big world out there, nature is wonderful, and in many places you can get to experience it for free. You just need to be organised and get on with doing things differently.
Throwing money at a holiday is the easy way out. Thinking, planning and being creative takes effort. But it is unmatched in the way of reward and memories.
Go on. Step out of your comfort zone. And do it on a shoestring, why not? Holiday heaven awaits.
Nima Abu Wardeh is the founder of the personal finance website www.cashy.me. You can contact her at nima@cashy.me
Follow us on Twitter @TheNationalPF

Armies of Sand

By Kenneth Pollack (Oxford University Press)
 

If you go…

Emirates launched a new daily service to Mexico City this week, flying via Barcelona from Dh3,995.

Emirati citizens are among 67 nationalities who do not require a visa to Mexico. Entry is granted on arrival for stays of up to 180 days. 

How to apply for a drone permit
  • Individuals must register on UAE Drone app or website using their UAE Pass
  • Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
  • Upload the training certificate from a centre accredited by the GCAA
  • Submit their request
What are the regulations?
  • Fly it within visual line of sight
  • Never over populated areas
  • Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
  • Users must avoid flying over restricted areas listed on the UAE Drone app
  • Only fly the drone during the day, and never at night
  • Should have a live feed of the drone flight
  • Drones must weigh 5 kg or less
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The President's Cake

Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

Company profile

Name: Oulo.com

Founder: Kamal Nazha

Based: Dubai

Founded: 2020

Number of employees: 5

Sector: Technology

Funding: $450,000

Our legal consultant

Name: Dr Hassan Mohsen Elhais

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

At a glance - Zayed Sustainability Prize 2020

Launched: 2008

Categories: Health, energy, water, food, global high schools

Prize: Dh2.2 million (Dh360,000 for global high schools category)

Winners’ announcement: Monday, January 13

 

Impact in numbers

335 million people positively impacted by projects

430,000 jobs created

10 million people given access to clean and affordable drinking water

50 million homes powered by renewable energy

6.5 billion litres of water saved

26 million school children given solar lighting

Draw:

Group A: Egypt, DR Congo, Uganda, Zimbabwe

Group B: Nigeria, Guinea, Madagascar, Burundi

Group C: Senegal, Algeria, Kenya, Tanzania

Group D: Morocco, Ivory Coast, South Africa, Namibia

Group E: Tunisia, Mali, Mauritania, Angola

Group F: Cameroon, Ghana, Benin, Guinea-Bissau

SPECS
%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%202-litre%204-cylinder%20turbo%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E268hp%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E380Nm%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh208%2C000%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3ENow%0D%3Cbr%3E%3C%2Fp%3E%0A

Company Profile 

Founder: Omar Onsi

Launched: 2018

Employees: 35

Financing stage: Seed round ($12 million)

Investors: B&Y, Phoenician Funds, M1 Group, Shorooq Partners

The years Ramadan fell in May

1987

1954

1921

1888

COMPANY PROFILE
Name: HyperSpace
 
Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
LAST-16 EUROPA LEAGUE FIXTURES

Wednesday (Kick-offs UAE)

FC Copenhagen (0) v Istanbul Basaksehir (1) 8.55pm

Shakhtar Donetsk (2) v Wolfsburg (1) 8.55pm

Inter Milan v Getafe (one leg only) 11pm

Manchester United (5) v LASK (0) 11pm 

Thursday

Bayer Leverkusen (3) v Rangers (1) 8.55pm

Sevilla v Roma  (one leg only)  8.55pm

FC Basel (3) v Eintracht Frankfurt (0) 11pm 

Wolves (1) Olympiakos (1) 11pm 

COMPANY%20PROFILE%20
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The specs

Engine: 5.0-litre V8

Power: 480hp at 7,250rpm

Torque: 566Nm at 4,600rpm

Transmission: 10-speed auto

Fuel consumption: L/100km

Price: Dh306,495

On sale: now

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

Credits

Produced by: Colour Yellow Productions and Eros Now
Director: Mudassar Aziz
Cast: Sonakshi Sinha, Jimmy Sheirgill, Jassi Gill, Piyush Mishra, Diana Penty, Aparshakti Khurrana
Star rating: 2.5/5

Brief scores:

Manchester United 4

Young 13', Mata 28', Lukaku 42', Rashford 82'

Fulham 1

Kamara 67' (pen),

Red card: Anguissa (68')

Man of the match: Juan Mata (Man Utd)

COMPANY%20PROFILE
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Women%E2%80%99s%20Asia%20Cup
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