Popular multicultural Dubai tourist attraction Global Village is getting ready to reopen for another season.
This will be the 25th anniversary, or silver jubilee, of the park, and in keeping with the theme, the new season of Global Village will launch on October 25 and run for 25 weeks, concluding in April.
Because it will be open until April, for the first time in years, UAE residents will be able to experience Ramadan at Global Village, which is likely to make for diverse iftar options.
Another change for this season is that the opening hours on Saturday have been extended. The park will be open from 2pm until 11pm (it was previously open from 4pm until midnight).
What to expect from Global Village's 25th anniversary season
This year, the festival will have 26 pavilions including newcomers Russia and Cambodia.
Other pavilions to visit include Afghanistan, Africa, Al Sanaa and the Khalifa bin Zayed Al Nahyan Foundation, Palestine, Saudi Arabia, South Korea, Syria, Thailand and the UAE.
Ripley's Believe It Or Not! museum attraction, which launched during the 24th season, will also be returning.
A rockin’ virtual concert
This season, Global Village has teamed up with Emirates and the Jumeirah Group to deliver a virtual rock concert that will take place on Friday, October 30.
The concert will be performed by the Rockin' 1000, a band of musicians and singers from around the world, and streamed on Global Village’s main stage and across its social media platforms (as well as on Emirates's in-flight entertainment system, Ice).
The Rockin' 1000 is a group of 1,000 rock musicians who originally came together as a "stunt" in 2015 to get the Foo Fighters to visit their home town of Cesena, Italy. It was organised as a crowdfunding effort by Fabio Zaffagnini who brought together the many musicians. Since then, "the world's largest rock band" have made appearances in stadiums around the world.
They are currently recruiting new members from the region to play in the coming Global Village Season 25 opening concert, which will be broadcast by Arabian Radio Network.
Singers or musicians of any level, within the UAE and outside, can take part by auditioning through the Rockin' 1000 website.
The performance will be made up of cover songs, including What a Wonderful World by the Ramones, Status Quo's Rockin' All Over the World, You Get What You Give by New Radicals and the classic We Will Rock You by Queen.
Safety first
The 24th season of Global Village was cut short by a month because of the pandemic. Before it shut in March, guests were required to wear face masks as part of measures put in place to curb the spread of Covid-19.
This year, the festival's organisers are working with local authorities and international organisations such as the Global Association for the Attractions Industry (IAAPA) to try and safeguard public safety during the pandemic. Global Village has already received the Dubai Assured Stamp awarded by Dubai Municipality, Dubai Economy and Dubai Tourism, in light of the stringent preparations for opening.
"Our 25th anniversary is a great milestone for us and the teams are working hard to make this year very special. We also feel that this is an important message for the country and the region," says Bader Anwahi, chief executive, Global Village.
"Over the years we have become a mainstay for family entertainment across the region, and we are proud to be able to play an important role in driving the 'open for business' message.
"Our team is working tirelessly to ensure that our guests return to Global Village with confidence. Whether it’s by using state-of-the-art technology for wayfinding and contactless payment or by adapting our entertainment offerings, we are breaking new ground across all our verticals for the comfort and happiness of our guests."
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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PROFILE OF CURE.FIT
Started: July 2016
Founders: Mukesh Bansal and Ankit Nagori
Based: Bangalore, India
Sector: Health & wellness
Size: 500 employees
Investment: $250 million
Investors: Accel, Oaktree Capital (US); Chiratae Ventures, Epiq Capital, Innoven Capital, Kalaari Capital, Kotak Mahindra Bank, Piramal Group’s Anand Piramal, Pratithi Investment Trust, Ratan Tata (India); and Unilever Ventures (Unilever’s global venture capital arm)
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
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Company%C2%A0profile
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Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
Specs
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