Live updates: follow the latest news on Covid-19 variant Omicron
UAE residents are cancelling winter travel plans amid concerns over the spread of the new Covid-19 variant, Omicron.
The new strain, which was first detected in South Africa, has spread around the world, with cases in countries such as Germany, Australia, the UK, Israel and Italy.
Several nations have moved to impose travel restrictions and have stepped up their own domestic safety measures in efforts to contain the spread.
The World Health Organisation, which classified Omicron a 'variant of concern', said on Monday the strain posed a high global risk due to its "unprecedented number of spike mutations".
Residents said they were worried about becoming infected by the new strain and wary of potential travel restrictions that may leave them stranded abroad.
'A risk we are not willing to take'
Javairia Hassan, 30, a Pakistani doctor in Dubai, has cancelled a trip to the UK her with her family. They were planning a month-long trip for December.
“I have a newborn baby and that is not a risk we are willing to take. We are worried about becoming infected and then not having access to proper medical care," she said.
“Then, there’s also the worry of not being able to come back. What if there are new travel restrictions? How will this affect our jobs? We just can’t risk it right now.”
Fernanda Troy, 37 a Brazilian Pilates studio manager in Dubai, said she cancelled their family trip to Brazil for the winter holidays.
Ms Troy said she missed her relatives back home and was hoping to visit, but is not going to risk it.
“We won’t be travelling this winter, as UAE is the only place we feel safe and secure that our government will do everything necessary to keep its population safe.
“We miss our family a lot but we won’t take the risk of possibly transmitting anything to them."
Someone close died recently and the family is devastated, she said.
“The ‘what if’ question comes to our mind all the time. What if we travel and get sick where there aren’t enough hospitals? What if countries close their borders? What if we lose someone just because we cannot be a bit more patient and wait until the world is safe again?” Ms Troy said.
Simon Bach, a Dubai resident from New Zealand, has scrapped a family skiing trip to Georgia.
He said he had the entire holiday planned, but decided not to travel after news emerged of how fast the new variant was spreading.
“It has a similar map to Delta. People ignored it and then it spread very quickly. I do have faith in the vaccines, but I am not going to travel around the world and risk myself and other people,” said Mr Bach, who runs a sports construction business.
Mother weighing up options
Zaibab Roker, an Indian teacher at Dubai’s Pristine Private School, has already paid about Dh10,000 for a 10-day trip to Georgia with her husband and daughter, 5, but is considering a cancellation.
The 35-year-old said she is feeling anxious over the increasing number of countries placing travel restrictions and does not want to get stranded abroad.
“We’re probably going to cancel the trip, depending on what news comes in the days ahead,” she said.
“We have never been infected with the virus, but we’ve seen our extended family go through it. So, to travel when there’s a new variant is such a big risk.
“We also don’t want to get stuck in another country. We don’t know what the situation could turn into and if there’ll be more travel restrictions placed. There could be problems at work.”
Wedding worries for couple
One Dubai resident is worried she will have to postpone her wedding for the fifth time, as a result of the latest developments with the Omicron variant.
“I’ve already planned and cancelled our wedding four times,” said Gemma Sinclair, an HR director from the UK.
“We were due to give notice of marriage in the UK at Christmas and see my mum for the first time in two years.
“Our wedding is in February 2022. So now it’s looking unlikely again.”
Ms Sinclair, 38, said she was still determined to travel but would follow the advice laid out by authorities.
“We are worried the decision won’t be in our hands,” she said.
“We’ve cancelled every other time because of government imposed lockdowns, or travel restrictions, or mandatory quarantine.
“This just feels like déjà vu.”
Another Dubai resident said she is due to fly to Manchester in the coming days and is worried she will not be able to travel if restrictions are expanded to tackle the new variant.
“I am getting nervous I won't get back,” said Fiona Deeb, 64, who owns a desert safari company in the UAE.
“I am not being foolish about travelling, I am going to see my terminally ill mother.”
A teacher in Dubai said his family was left wondering if they would have to cancel their holiday over Christmas.
“We are due to go to West Africa for three weeks,” said Matt Edwards, 45.
“We are not sure whether to cancel or not.
“We will decide day before I fly as the current situation is in its infancy and things could improve by then.”
A UAE travel agency said travellers were keeping a close eye on developments, but it was too early to give a clear picture of the impact Omicron would have on travel plans.
“Currently we have not seen major changes yet except to the countries recently closed,” Muzzammil Ahussain, executive vice president of travel agency Almosafer, said.
“Customers are inquiring about upcoming changes, as are we, but domestic and regional travel remains very strong.”
Ziina users can donate to relief efforts in Beirut
Ziina users will be able to use the app to help relief efforts in Beirut, which has been left reeling after an August blast caused an estimated $15 billion in damage and left thousands homeless. Ziina has partnered with the United Nations High Commissioner for Refugees to raise money for the Lebanese capital, co-founder Faisal Toukan says. “As of October 1, the UNHCR has the first certified badge on Ziina and is automatically part of user's top friends' list during this campaign. Users can now donate any amount to the Beirut relief with two clicks. The money raised will go towards rebuilding houses for the families that were impacted by the explosion.”
The most expensive investment mistake you will ever make
When is the best time to start saving in a pension? The answer is simple – at the earliest possible moment. The first pound, euro, dollar or dirham you invest is the most valuable, as it has so much longer to grow in value. If you start in your twenties, it could be invested for 40 years or more, which means you have decades for compound interest to work its magic.
“You get growth upon growth upon growth, followed by more growth. The earlier you start the process, the more it will all roll up,” says Chris Davies, chartered financial planner at The Fry Group in Dubai.
This table shows how much you would have in your pension at age 65, depending on when you start and how much you pay in (it assumes your investments grow 7 per cent a year after charges and you have no other savings).
|
Age
|
$250 a month
|
$500 a month
|
$1,000 a month
|
|
25
|
$640,829
|
$1,281,657
|
$2,563,315
|
|
35
|
$303,219
|
$606,439
|
$1,212,877
|
|
45
|
$131,596
|
$263,191
|
$526,382
|
|
55
|
$44,351
|
$88,702
|
$177,403
|
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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
What is hepatitis?
Hepatitis is an inflammation of the liver, which can lead to fibrosis (scarring), cirrhosis or liver cancer.
There are 5 main hepatitis viruses, referred to as types A, B, C, D and E.
Hepatitis C is mostly transmitted through exposure to infective blood. This can occur through blood transfusions, contaminated injections during medical procedures, and through injecting drugs. Sexual transmission is also possible, but is much less common.
People infected with hepatitis C experience few or no symptoms, meaning they can live with the virus for years without being diagnosed. This delay in treatment can increase the risk of significant liver damage.
There are an estimated 170 million carriers of Hepatitis C around the world.
The virus causes approximately 399,000 fatalities each year worldwide, according to WHO.
Killing of Qassem Suleimani
Where to donate in the UAE
The Emirates Charity Portal
You can donate to several registered charities through a “donation catalogue”. The use of the donation is quite specific, such as buying a fan for a poor family in Niger for Dh130.
The General Authority of Islamic Affairs & Endowments
The site has an e-donation service accepting debit card, credit card or e-Dirham, an electronic payment tool developed by the Ministry of Finance and First Abu Dhabi Bank.
Al Noor Special Needs Centre
You can donate online or order Smiles n’ Stuff products handcrafted by Al Noor students. The centre publishes a wish list of extras needed, starting at Dh500.
Beit Al Khair Society
Beit Al Khair Society has the motto “From – and to – the UAE,” with donations going towards the neediest in the country. Its website has a list of physical donation sites, but people can also contribute money by SMS, bank transfer and through the hotline 800-22554.
Dar Al Ber Society
Dar Al Ber Society, which has charity projects in 39 countries, accept cash payments, money transfers or SMS donations. Its donation hotline is 800-79.
Dubai Cares
Dubai Cares provides several options for individuals and companies to donate, including online, through banks, at retail outlets, via phone and by purchasing Dubai Cares branded merchandise. It is currently running a campaign called Bookings 2030, which allows people to help change the future of six underprivileged children and young people.
Emirates Airline Foundation
Those who travel on Emirates have undoubtedly seen the little donation envelopes in the seat pockets. But the foundation also accepts donations online and in the form of Skywards Miles. Donated miles are used to sponsor travel for doctors, surgeons, engineers and other professionals volunteering on humanitarian missions around the world.
Emirates Red Crescent
On the Emirates Red Crescent website you can choose between 35 different purposes for your donation, such as providing food for fasters, supporting debtors and contributing to a refugee women fund. It also has a list of bank accounts for each donation type.
Gulf for Good
Gulf for Good raises funds for partner charity projects through challenges, like climbing Kilimanjaro and cycling through Thailand. This year’s projects are in partnership with Street Child Nepal, Larchfield Kids, the Foundation for African Empowerment and SOS Children's Villages. Since 2001, the organisation has raised more than $3.5 million (Dh12.8m) in support of over 50 children’s charities.
Noor Dubai Foundation
Sheikh Mohammed bin Rashid Al Maktoum launched the Noor Dubai Foundation a decade ago with the aim of eliminating all forms of preventable blindness globally. You can donate Dh50 to support mobile eye camps by texting the word “Noor” to 4565 (Etisalat) or 4849 (du).
The 12 breakaway clubs
England
Arsenal, Chelsea, Liverpool, Manchester City, Manchester United, Tottenham Hotspur
Italy
AC Milan, Inter Milan, Juventus
Spain
Atletico Madrid, Barcelona, Real Madrid