Saudi Arabia is investing heavily in anti-ageing science via the Hevolution Foundation to allow people to enjoy better health and live longer. Bloomberg
Saudi Arabia is investing heavily in anti-ageing science via the Hevolution Foundation to allow people to enjoy better health and live longer. Bloomberg
Saudi Arabia is investing heavily in anti-ageing science via the Hevolution Foundation to allow people to enjoy better health and live longer. Bloomberg
Saudi Arabia is investing heavily in anti-ageing science via the Hevolution Foundation to allow people to enjoy better health and live longer. Bloomberg

Longevity summit hears how we could all be living longer


Nick Webster
  • English
  • Arabic

Existing obesity drugs could be used to tackle ageing as scientists try to improve healthy living into old age, experts said at a longevity science conference in Riyadh.

Reprogramming damaged cells, the development of therapeutics and using human data to better understand the ageing process were major breakthroughs discussed at the Global Healthspan Summit, hosted by the Hevolution Foundation in Saudi Arabia on Wednesday.

An international cohort of anti-ageing specialists, medics, scientists and investors are in Riyadh for a two-day meeting to expand the field of longevity science.

We now strive to reverse disease and ultimately prevent it – that’s what's going to help humanity
Jerry Mclaughlin,
chief executive, Life Biosciences

The kingdom launched the non-profit Hevolution Foundation in 2021 as part of a key strategy in its Vision 2030 plan to increase the average life expectancy in the country from 74 to 80.

With the global population living over the age of 60 expected to double to about two billion by 2050, the issue of healthy ageing has become critical, experts said.

“Healthy ageing and longevity is at the forefront of our daily discussions and of our strategy,” said Dr Tareef Alaama, deputy minister for curative services at the Ministry of Health Saudi Arabia.

“Vision 2030 has put the health of the human being first, to utilise data and statistics to look at variability of ageing among regions.

“We can design actual interventions [which can] contribute in a cost-effective way to improve life expectancy of humans.”

Targets set by the United Nations to reduce premature deaths from non-communicable disease (NCD) by 2030 aim to ease the pressure on healthcare budgets.

Across the GCC, NCDs cost nations more than $97 billion a year as a result of absenteeism and economic inactivity.

World Health Organisation figures show that about 39 per cent of women and 29 per cent of men in Saudi Arabia are obese while more than 4.2 million adults have diabetes, according to the International Diabetes Federation.

Obesity drugs

Prof Brian Kennedy, an expert in biochemistry and physiology at NUS Singapore, said obesity and diabetes were key drivers in early ageing.

Obesity drugs could hold the key to longer living. Bloomberg
Obesity drugs could hold the key to longer living. Bloomberg

“There's a large overlap between metabolic dysfunction and ageing,” Prof Kennedy said at the conference.

“A lot of drugs like Metformin, beta blockers and statins are already in use in clinics and were chosen because they target risk factors for specific diseases.

“When we look back on some of the most successful drugs we've been using over the past few decades, we're going to realise we were already treating ageing.

“I'm pretty confident in what we use for people that have obesity or metabolic disease is also probably going to be helpful for ageing.

“The fundamental question is that in people with a normal glucose metabolism, will it improve their health span?”

Modern trends pushing populations to a more aged society will place a heavy burden on national economies, with fewer people fit to work and more requiring social care.

It is a familiar scenario around the world.

Changing demographics also play a role, driven by better health care to reduce disease, a falling birth rate and a culture in some countries of women leaving employment to care for elderly relatives.

The $1 billion Hevolution Foundation fund aims to further research into anti-ageing to reverse the trend.

Funding of almost $100 million was expected to be announced over the course of the two-day event to help accelerate scientific discoveries in the health sector.

Dr Peter Fedichev, is co-founder of Gero – a US biotech company working with Pfizer and Harvard University to create therapeutics against chronic disease to slow the human ageing process.

“Ageing is the most important risk factor to health,” he said.

“It contributes to lifespan and the probability of getting diseases.

“Practically we can characterise the progress of ageing very well, and there are lots of drugs that reduce effects of diseases and most probably also increase lifespan.”

Dr Fedichev said hundreds of millions of electronic medical records worldwide and more than 10 million known genotypes can be used by AI to understand why some people age faster than others.

“Some effects of ageing are not reversible, but some are,” he said.

“This data can help us understand which drugs will have effect later in life, so we actually aim to delay ageing, turning the last 10 years of life into 20.”

Damaged cells repaired

Life Bioscience, a US company using innovative therapeutics to target the biology of ageing, is researching partial epigenetic reprogramming, a form of medical science that repairs damaged cells that lead to disease.

A defective epigenome can contribute, along with genomic mutations, to the development of cancer and other illnesses. Research has shown that reprogramming can reset epigenetic ageing clocks, delaying the onset of disease.

“From a therapeutics perspective, we would consider ourselves a failure if all we did was treat symptoms,” chief executive of Life Biosciences, Jerry McLaughlin, said at the Global Healthspan Summit.

”We now strive to reverse disease and ultimately prevent it – that’s what's going to help humanity.

“As we age, our epigenome drifts, which can lead to unhealthy cells we now know are underlying factors in a number of age-related diseases.

“We're able to take these cells and return them to a more youthful state.

“When they're healthy, they're productive, efficient and resilient to disease.

“The fact we can now restore these cells to a more youthful and productive state is phenomenal.”

UAE currency: the story behind the money in your pockets
The%20specs
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E2.0-litre%204-cyl%20turbo%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E190hp%20at%205%2C600rpm%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E320Nm%20at%201%2C500-4%2C000rpm%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E7-speed%20dual-clutch%20auto%3Cbr%3E%3Cstrong%3EFuel%20consumption%3A%20%3C%2Fstrong%3E10.9L%2F100km%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh119%2C900%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3ENow%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

Emergency

Director: Kangana Ranaut

Stars: Kangana Ranaut, Anupam Kher, Shreyas Talpade, Milind Soman, Mahima Chaudhry 

Rating: 2/5

Gulf Under 19s final

Dubai College A 50-12 Dubai College B

Dubai Bling season three

Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed 

Rating: 1/5

How to turn your property into a holiday home
  1. Ensure decoration and styling – and portal photography – quality is high to achieve maximum rates.
  2. Research equivalent Airbnb homes in your location to ensure competitiveness.
  3. Post on all relevant platforms to reach the widest audience; whether you let personally or via an agency know your potential guest profile – aiming for the wrong demographic may leave your property empty.
  4. Factor in costs when working out if holiday letting is beneficial. The annual DCTM fee runs from Dh370 for a one-bedroom flat to Dh1,200. Tourism tax is Dh10-15 per bedroom, per night.
  5. Check your management company has a physical office, a valid DTCM licence and is licencing your property and paying tourism taxes. For transparency, regularly view your booking calendar.
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

GOLF’S RAHMBO

- 5 wins in 22 months as pro
- Three wins in past 10 starts
- 45 pro starts worldwide: 5 wins, 17 top 5s
- Ranked 551th in world on debut, now No 4 (was No 2 earlier this year)
- 5th player in last 30 years to win 3 European Tour and 2 PGA Tour titles before age 24 (Woods, Garcia, McIlroy, Spieth)

Lexus LX700h specs

Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor

Power: 464hp at 5,200rpm

Torque: 790Nm from 2,000-3,600rpm

Transmission: 10-speed auto

Fuel consumption: 11.7L/100km

On sale: Now

Price: From Dh590,000

Updated: November 29, 2023, 4:50 PM