Sheikh Hamdan shares Eid greetings on Instagram via family photograph-filled video

As the UAE celebrates Eid Al Fitr, Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, has taken to Instagram to wish his followers a happy Eid.

The Dubai royal shared an animated video with his 15.7 million followers on the social media platform on Friday morning, the first day of Eid Al Fitr 2023 in the UAE.

Using the Burj Khalifa — the world’s tallest building — as the backdrop, the video highlights those closest to Sheikh Hamdan via a series of family photographs, nodding to the importance of loved ones during Eid celebrations.

In the video, a Dubai branded hot air balloon and a flock of birds fly over Downtown Dubai, before the family snaps fill the screen.

Each of the photographs shows Sheikh Hamdan with other members of his family, including pictures of his father, Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai.

Another photograph depicts the crown prince with his twins Sheikh Rashid and Sheikha Shaikha, taken on the day they were born.

Also included in the photo series is a shot of the Crown Prince sledging through the snow with his daughter during a recent family ski trip to France’s Courchevel, and one of the Dubai royal meeting giraffes with his children.

The video has drawn well-wishes from Sheikh Hamdan’s Instagram followers, clocking up more than 50,000 likes less than an hour after it was posted.

Set to whimsical music, the video ends with the simple greeting “Eid Mubarak”, which translates to “blessed Eid”.

Eid Al Fitr marks the end of the holy month of Ramadan. It is traditionally a time when Muslim families gather together to pray, eat and spend time with loved ones. Children also traditionally receive eidiyah — spending money to celebrate the occasion — that is distributed to them by older family members.

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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

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Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.

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Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

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