Read the latest updates on the Hajj pilgrimage here
Saudi Arabia's King Salman ordered all government sectors to “serve the pilgrims during Hajj to the best of their abilities” at a Cabinet meeting on Tuesday.
The Saudi monarch said “serving Hajj and Umrah pilgrims has been at the forefront of the kingdom’s priority since its establishment and still is”.
One hundred scholars have been assigned to answer pilgrims' queries during Hajj and information-dispensing robots with 21-inch touchscreens will be located at the main entrances of the Mataf area. The robots will be able to communicate in 11 languages, including English, Urdu, Russian and Chinese.
As the coronavirus pandemic wanes, the kingdom has opened up the Hajj to foreign pilgrims, and as of Sunday, a total of 282,523 pilgrims from all over the world had arrived in Madinah.
The first group of pilgrims from Dubai and Sri Lanka departed for Hajj on Tuesday. From June 23 to July 20, Emirates airline will open 31 additional flights to Jeddah and double the daily flights to Madinah.
Only Hajj pilgrims will be allowed to perform Umrah between June 24 and July 19, the Ministry of Hajj and Umrah announced this week.
Regular Umrah reservations will reopen beginning on July 19 for other pilgrims wishing to performing Umrah in the Grand Mosque via The Eatmarna app.
Last year, the kingdom announced that pilgrims wishing to perform the Umrah could apply for a visa through an electronic processing application, which will also enable pilgrims to easily find accommodation and book transport as well.
Only 1,000 pilgrims from within the kingdom were allowed to participate in the ritual in 2020 and that number was increased to 60,000 last year, with participating citizens or residents — who needed to be fully vaccinated — chosen through an online draw.
Hajj is one of the world's largest gatherings and about 2.5 million people performed the religious ritual in 2019.
On Monday, Saudi Arabia’s Supreme Court called on all Muslims in the kingdom to sight the Dhu Al Hijjah crescent moon on Wednesday evening. The sighting of the moon marks the beginning of the month during which Hajj is performed. People have been advised to report the sighting to the nearest court.
The Hajj must be performed by Muslims at least once in their lives if they are financially and physically able.
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Name: Peter Dicce
Title: Assistant dean of students and director of athletics
Favourite sport: soccer
Favourite team: Bayern Munich
Favourite player: Franz Beckenbauer
Favourite activity in Abu Dhabi: scuba diving in the Northern Emirates
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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Director: Brady Corbet
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Rating: 3.5/5
57%20Seconds
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Schedule
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UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
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