New Year's Eve 2021 falls on a Friday this year. Photo: The London Project
New Year's Eve 2021 falls on a Friday this year. Photo: The London Project
New Year's Eve 2021 falls on a Friday this year. Photo: The London Project
New Year's Eve 2021 falls on a Friday this year. Photo: The London Project

New Year’s Eve 2021 parties in Dubai: from Dh450 to Dh8,000


Janice Rodrigues
  • English
  • Arabic

The countdown to New Year’s Eve has begun. This year, December 31 falls on a Friday, making it a true weekend celebration in the UAE. There are a number of exciting packages, exclusive dinners, and parties for those looking to ring in 2022 in style. So take your pick and get booking.

Under Dh500

Baby Q

Sparkling views from Baby Q. Photo: Solutions Leisure Group
Sparkling views from Baby Q. Photo: Solutions Leisure Group

Located on the 43rd floor of Media One Tower, Baby Q offers a prime view of the Dubai skyline and fireworks on New Year’s Eve. There will be DJs spinning top hits, bottomless beverages and dishes including popcorn shrimp, truffle pizza, patatas bravas, sliders, garlic prawns and grilled octopus.

8pm-midnight; Dh450; Dubai Media City; 04 443 5403; babyqdubai.com

Garden on 8

Plenty of outdoor seating and a central location makes this casual British venue a hit for New Year’s Eve. This year, visitors can expect a variety of packages and DJ Jono keeping the energy up as the countdown to the new year begins

8pm onwards; packages from Dh459; Media One Hotel, Dubai Media City; 04 427 1000; gardenon8@mediaonehotel.com

Ikigai

The modern Japanese restaurant is ringing in the new year with a Ganjitsu evening brunch. There will be a three-course menu, with unlimited plates from the live seafood station (think fresh oysters and sushi) and terrace seating.

8pm-1am; packages from Dh250; first floor, Millennium Place Marina Hotel; 04 550 8114; ikigaidubai.ae

Lo+Cale

Ring in the New Year a la James Bond at Lo+Cale.
Ring in the New Year a la James Bond at Lo+Cale.

The restaurant is encouraging all its guests to suit up for a James Bond-themed ball. Indulge in a lavish buffet with unlimited lobster tail, oysters and sushi as you take in Dubai Marina views from the spot, which has indoor and outdoor seating.

8pm-1am; packages from Dh499; children 6-12 dine for Dh250, free for children below 6; Crowne Plaza, Dubai Marina; WhatsApp 054 997 8599; locale.cpdubaimarina@ihg.com

The Blacksmith

This Dubai Marina venue is staying true to a rock 'n' roll theme this festive season. Go old school with tunes from the 1960s and 1970s. There will be live music to sing along to and a sharing-style menu as you ring in 2022.

8pm-1am; packages from Dh250; Wyndham Dubai Marina; 04 407 8873; theblacksmithdubai.com

Eggspectation

Offering prime views of the drone show and fireworks at JBR, the Canadian restaurant is welcoming guests to enjoy its extensive a la carte menu with a minimum spend of Dh120 per person. We recommend the crab cakes, lobster mac and cheese, and Mediterranean flatbread.

7pm-1am; Dh120 minimum spend; The Beach, Jumeirah Beach Residence; 04 430 7252

Bombay Borough

If you're in the mood for some Bollywood beats, head to Bombay Borough's Bolly Bash, which will have a desi DJ spinning the latest Punjabi tracks. These can be enjoyed alongside a menu that includes veg curry with banana leaf rice and Rajputana chicken soola, plus signature drinks such as jal jeera mango mojito.

8pm-1am; Dh395; Dubai International Financial Centre; 04 327 1555

Under Dh1,000

Bagatelle

Aiming to deliver the joie de vivre that befits a New Year’s Eve celebration, Bagatelle's in-house DJs and live percussionist promise to get everyone in the party spirit. Elsewhere, chef Ricardo will serve up gourmet treats such as yellowfin tuna with avocado puree, crispy octopus a la grenobloise, tender duck a l'orange and profiteroles aux pommes.

9:30pm onwards; from Dh550; Fairmont Hotel Sheikh Zayed Road; 04 354 5035

Isola Ristorante

Dubai skyline from Isola Ristorante in Jumeirah Islands Clubhouse. Photo: Isola Ristorante
Dubai skyline from Isola Ristorante in Jumeirah Islands Clubhouse. Photo: Isola Ristorante

The restaurant has put together a four-course Italian menu for the night. On offer are freshly shucked oysters, roasted scallops, risotto with langoustine, caviar and grilled sea bass, with vegetarian options also available. Isola boasts an extensive outdoor seating area, with sparkling Dubai skyline views.

8pm-midnight; packages from Dh690, Dh150 for children 4-14; Jumeirah Islands Clubhouse; 04 583 3124; isolarestaurant.com/dubai/

Joe’s Backyard

Party into the night at this meat-lover’s paradise which has put together a set menu fit for the occasion. There will be favourites such as the lobster roll sliders, seared wild seabass and chocolate torte. And since this is located on the 19th floor, the outdoor seating space will offer views of the Dubai skyline – and even Burj Khalifa in the distance.

8pm-12.30am; packages from Dh595; Jumeirah Islands Clubhouse; 04 583 3124 joebackyard.com

Rove La Mer

Bid adios to 2021 by the sea with the NYE dinner hosted at Rove La Mer Beach. Rovers (guests) can enjoy a great spread of delectable options including a carvings station as well as fresh seafood selection at the NYE dinner. All this wrapped with an envious view of fireworks and live DJ entertainment is bound to be the perfect night.

Koko Bay

Freshly shucked oysters and gorgeous skyline views await at this beachfront venue on New Year's Eve. Koko Bay has a special menu for the night with five hot and five cold appetisers, the aforementioned oysters, and main courses such as jasmine-tea-smoked beef short ribs and roasted black cod with fregola risotto. Desserts include a nut-crusted chocolate cannoli, a mango pomelo sago pudding and a pistachio opera cake.

8pm to midnight; packages from Dh1,095, children 6-12 eat for Dh295; West Beach Palm, Palm Jumeirah; 04 572 3444; kokobay.com

QD’s

The laid-back Creekside venue will ring in the new year with live entertainment alongside the resident DJ. There will be unlimited food and drinks on offer, plus sparkling views of the Dubai skyline and front-row seats to Park Hyatt’s fireworks.

8.30pm-2am; Dh725; Dubai Creek Golf and Yacht Club; 04 295 6000; hyattrestaurants.com

S Bar

S Bar, which opened earlier this year in SLS Dubai, offers Burj Khalifa views. Photo: SLS Dubai
S Bar, which opened earlier this year in SLS Dubai, offers Burj Khalifa views. Photo: SLS Dubai

Located on the 71st floor of SLS Dubai, S Bar offers unobstructed views of Downtown Dubai and Burj Khalifa from its floor-to-ceiling windows – and also has outdoor seating space for a great fireworks viewing experience. Apart from the views, on New Year's Eve, guests can high-octane music and an a la carte menu, albeit with a minimum spend.

10pm-3am; Dh990 minimum spend indoors, Dh1,500 for the terrace; Marasi Drive, Business Bay; 04 607 0757; sbe.com/nightlife/s-bar/dubai

Time Out Market

Located in Souk Al Bahar, Time Out Market offers some of the best views of Burj Khalifa and The Dubai Fountain. Photo: Time Out Market Dubai
Located in Souk Al Bahar, Time Out Market offers some of the best views of Burj Khalifa and The Dubai Fountain. Photo: Time Out Market Dubai

If you’ve already visited this vast food hall at Souk Al Bahar, you’ll know that its terrace seating offers some of the most spectacular views of the Burj Khalifa and Dubai Fountain. For New Year's Eve the venue is hosting a Sparkles and Sneakers theme, with guests free to dress up or down. Many vendors within will be serving one-off dishes for the occasion, such as tuna and caviar pani puri from Masti, fried chicken with a caviar bun and a roaming cheese trolley from Pickl and a croquembouche with a cream-stuff choux pastry puffs from Brix. Prices differ according to seating area, but all guests will have access to The Dubai Fountain Boardwalk on the ground floor – reserved for Time Out Market for the fireworks at midnight.

7pm-2am; Dh1,000 for regular counter seating, Dh1,500 for the Atrium, Dh2,000 for the stage and dessert areas, Dh3,000 for the terrace; Souk Al Bahar; reservationsdxb@timeoutmarket.com; timeoutmarket.com

Zero Gravity

Live entertainment, live stations and a buffet await at Zero Gravity's New Year's Eve 2021 bash. Photo: Zero Gravity
Live entertainment, live stations and a buffet await at Zero Gravity's New Year's Eve 2021 bash. Photo: Zero Gravity

If it’s a beachside party you’re looking for, Zero Gravity has you covered. This year, it will host a party at the pool and beach with international DJ headliners MK and Disciples. There will be unlimited food and beverages, several live-cooking stations and a buffet, and unreserved furniture (think bean bags and picnic tables). Get your feet sandy as you countdown to 2022 under the stars, and enjoy the fireworks at midnight.

Early-bird ticket is Dh999, Dh1,299 for regular, Dh1,499 on the day; Skydive Dubai Drop Zone, Dubai Marina; 04 399 0009; platinumlist.net

The Theatre

The Theatre at Fairmont Dubai has a line-up of entertainment for the last week of the year.
The Theatre at Fairmont Dubai has a line-up of entertainment for the last week of the year.

If it’s dinner and a show you’re seeking out, head to The Theatre, which is ringing in 2022 with an entertainment-filled week starting from Monday, December 27. On the six-course menu created by executive chef Enrico Paiola are dishes such as prawn carpaccio, Wagyu beef sashimi, buffalo ricotta ravioli, slow-cooked beef cheeks and salted chocolate delice. As for the performance line-up, expect in-house aerialists, dancers, musicians, singers and DJs, plus: Alessandro Ristori & the Portofinos on Monday and Tuesday, December 27 and 28; Guy Manoukian & Friends featuring Dany Asadi, The Liberty Show by Yousra Mohsen and Alessandro Ristori & the Portofinos on Wednesday, December 29; Faudel and The Liberty Show by Yousra Mohsen on Thursday, December 30; and Maya Diab, Guy Manoukian, The Liberty Show by Yousra Mohsen, Hanine, Yazzy Fierce and guest DJ Fabien Koufach on Friday, December 31.

8.30pm onwards; Dh750-Dh3,000 minimum spend depending on table location from December 27 to 30, Dh1,000-Dh5,000 minimum spend depending on table location on December 31; Fairmont Dubai; 04 222 2268; reservations@thetheaterdubai.com; www.thetheaterdubai.com

Anasa

Anasa serves Greek food. Photo: Conrad Dubai
Anasa serves Greek food. Photo: Conrad Dubai

Ring in 2022 to the sounds of live Greek and Aegean food to boot. The a la carte menu at the recently opened Anasa features some authentic options including Santorini fava with yellow split pea puree; pan-seared Mediterranean sea bass in a tomato sauce with capers and Kalamata olives; oregano lamb chops on pita bread with a feta spread; skordalia potato puree infused with garlic oil; plenty of calamari, octopus and lobster dishes; and to finish, traditional loukoumades with Greek honey, walnuts and cinnamon or Greek millefeuille with saffron custard and dried grape ice cream.

8pm-1am; Dh550 minimum spend; Conrad Dubai; 04 444 7444

Under Dh1,500

Hotel Cartagena

Burj Khalifa views from Hotel Cartagena.
Burj Khalifa views from Hotel Cartagena.

Party the night away with a brunch-style menu starring plenty of the restaurant’s signature dishes. There will be live entertainment in the form of Cartagena dancers, a DJ, and fireworks views from the venue located on the 72nd floor of JW Marriott Marquis at Business Bay.

9pm-1am; Dh1,100 for non-window table, Dh1,500 for window; JW Marriott Marquis, Business Bay; 04 350 9287; hotelcartagena.ae

The London Project

Enjoy fireworks views over Bluewaters Island from The London Project.
Enjoy fireworks views over Bluewaters Island from The London Project.

The British venue will welcome as its headline act The Voice winner Jermain Jackman to its white and gold New Year’s Eve party. Guests can also enjoy free-flowing drinks, a DJ, a jazz band and front-row seats to fireworks across Bluewaters Island, JBR and Palm Jumeirah. The venue has also planned an indulgent feast, starting with caviar platters, followed by sharing starters such as foie gras terrine and beef tenderloin tartare, and individual mains. Desserts include lemon tarte and a cheeseboard.

8.30pm-12.30; packages from Dh1,250; Bluewaters Island, 054 306 1822; thelondonproject.com

Weslodge Saloon

Floor-to-ceiling windows offer some of the best views of Burj Khalifa fireworks from this venue located on the 68th floor of JW Marriot Marquis. For New Year's Eve, the restaurant has crafted a high-end celebratory menu with Dibba Bay oysters, poutine, foie gras, Wagyu carpaccio, truffle and burrata risotto, and lobster tagliatelle.

9pm-1am; Dh1,100 for non-window table, Dh1,500 for window; JW Marriot Marquis Tower; 04 350 9288; weslodge.ae

Scalini

The fine-dining Italian restaurant will channel chic ski-lodge vibes, complete with twinkling lights, festive wreaths and an alpine ambience. Expect exquisite beverages and gourmet sharing-style dishes such as beef tartare with black truffles; pappardelle pasta with porcini mushrooms and white truffle; and rack of lamb with balsamic-glazed shallots on a bed of French beans.

7pm until late; Dh1,100 minimum spend; Restaurant Village, Four Seasons Resort Dubai at Jumeirah Beach; 04 349 0068

February 30

February 30 features quirky-cool decor.
February 30 features quirky-cool decor.

A vibrant beach lounge concept from Beirut, February 30 has three things going for it this NYE: front-row seats to a fireworks show; a performance by electronic producer Danny Asadi (plus dancers, DJs and musicians); and a delicious set menu (king crab, truffle and burrata pizza, Wagyu et al). All this will set you back between Dh1,200 and Dh2,000 depending on the package you choose, or walk in after 1am for a minimum charge of Dh750.

9pm-2am; from Dh1,200 for the set menu; Palm West Beach, Palm Jumeirah; 04 244 7200; www.february30dubai.com

Dh1500 to Dh3,000

Aura Skypool

Aura skypool, on top of The St Regis on The Palm, offers 360-degree views from the 50th floor. Photo: Victor Besa / The National
Aura skypool, on top of The St Regis on The Palm, offers 360-degree views from the 50th floor. Photo: Victor Besa / The National

If you’re looking to make a splash, why not welcome 2022 at the UAE’s record-breaking 360º infinity pool? Located on the 50th floor of The Palm Tower, Aura Skypool offers one of the best views of Palm Jumeirah and beyond. For New Year’s Eve, there will be a DJ and live performances, and all packages include a Taste of Aura platter with dishes such as edamame and truffle chili, truffle chili honey cauliflower popcorn, umami garden dips and dynamite rock shrimp.

8pm-2am; packages from Dh2,000; The Palm Tower; Palm Jumeirah; auraskypool.com

Treehouse

Treehouse Dubai has a terrace with Burj Khalifa views. Photo: Treehouse Dubai
Treehouse Dubai has a terrace with Burj Khalifa views. Photo: Treehouse Dubai

Countdown to 2022 at Taj Dubai’s rooftop venue, which offers great views of Burj Khalifa fireworks. There will be bottomless drinks paired with gourmet delicacies including fresh oysters, seafood canapes and gruyere quiche, while resident DJ Taylor and saxophonist Zlata keep you entertained.

8pm-1am; packages from Dh2,190; Taj Dubai, Business Bay; 050 189 6089

Twiggy

For an al fresco experience, head to this beach restaurant which boasts breathtaking views of Dubai Creek, and great views of the fireworks. For New Year's Eve, Twiggy will have live entertainment, a DJ and a menu curated for the occasion – so expect delicacies such as black winter truffle burrata and foie gras terrine with quince chutney and gingerbread.

8pm onwards; Dh2,200; Park Hyatt, Dubai Creek Club street, Port Saeed; 04 602 1105

Cinque

The Italian restaurant at FIVE Palm Jumeirah will serve an Amalfi coast-themed menu created by award-winning chef Giuseppe Pezzella. Think Fine de Claire oysters, Osietra caviar, poached lobster and risotto frutti di mare. Seating options include indoor and al fresco tables, the latter with fireworks views.

8pm onwards; from Dh1,500; Five Palm Jumeirah; palmjumeirah.fivehotelsandresorts.com

Rove Expo

Ring in the new year at Expo 2020 Dubai with a stay at Rove Expo. For Dh2,022, get two Expo tickets, dinner, house beverages, cocktail stations and buffet stations /

Dh3,000 and above

Atlantis, The Palm

Fireworks at Atlantis, The Palm.
Fireworks at Atlantis, The Palm.

Come dressed to impress because the hotel is bringing back its fabulous gala dinner under the stars, with a Moulin Rouge theme this year. Expect to be serenaded by a 30-piece band, and there will also be dancers, fireworks views, free-flowing drinks, canapes and a sprawling buffet serving everything from lobster and caviar to shawarmas and fajitas. A child-friendly buffet will also be available as will an Asateer tent and bouncy castle.

7.30pm to 3am; packages from Dh3,950 for 14 years and up, Dh1,950 for 4-13 years, free for children below 3; Atlantis, The Palm; atlantis.com

Ce La Vi

The view of the fireworks from Ce La Vi's bar area. Photo: Ce La Vi Dubai.
The view of the fireworks from Ce La Vi's bar area. Photo: Ce La Vi Dubai.

It's known for its Burj Khalifa views (usually taken in from behind an elegant floral swing set), making this one of the best places to catch the fireworks on New Year’s Eve. Guests will be able to savour whatever they’d like from the restaurant's a la carte menu, and there will be a live performance from a special as-yet-undisclosed artist.

Dh3,000 (or Dh2,500 per person for groups of six or more) indoors; Dh5,000 minimum spend outdoors; Level 54, Address Sky View Hotel; 04 582 6111; celavi.com

Zeta Seventy Seven

Address Beach Resort's infinity pool is flanked by Zeta Seventy Seven rooftop restaurant. Photo: Address Beach Resort
Address Beach Resort's infinity pool is flanked by Zeta Seventy Seven rooftop restaurant. Photo: Address Beach Resort

The high-flying venue is nestled right next to Address Beach Resort’s record-breaking swimming pool, which made headlines earlier this year for being the highest infinity pool in the world located on the 77th floor. So if you’re looking to go all out, the restaurant has a New Year's Eve party with a whopping price tag of nearly Dh8,000 a pop. It comes with live entertainment, a water show, breathtaking views of the Arabian Gulf, fireworks views, a DJ, a magician and executive chef Ruediger Lurz’s Asian-inspired menu.

8pm-2am; Dh7,777 for outdoor seating; Jumeirah Beach Residence; 04 879 8866

Urla

Gourmet food and great views await at Urla.
Gourmet food and great views await at Urla.

Open as of mid-December, Urla is the latest high-end hotspot in Downtown Dubai. Fittingly, its New Year's Eve bash promises a touch of Gatsby glamour (opulent costumes come recommended) with live entertainment, and views of both Burj Khalifa and the Dubai Fountain. On the menu are delicacies such as Osetra caviar brioche; crystal anchovies with red pepper sorbet; Iberian cured beef; grilled turbot with pea puree; and a Golden Chocolate Delight for dessert, featuring candied chestnut, forest fruits and chocolate leaves, followed by warm winter beverages and artisan petit fours.

9pm-1am; from Dh7,000; Fountain level, Address Downtown Dubai Hotel; 052 554 5997

Matagi

Live entertainment, premium beverages and a gourmet menu await at this gala dinner. Indulge in dishes such as Wagyu carpaccio, popcorn tempura, prawn ceviche, miso black cod, grilled Yakiniku Wagyu tenderloin, and mocha cream with spiced and chocolate ganache rocher.

7pm-1am; from Dh3,000 for adults and Dh500 for children between 6 and 12; Raffles The Palm Dubai; 04 248 8888

The specs

Engine: 3.8-litre, twin-turbo V8

Transmission: eight-speed automatic

Power: 582bhp

Torque: 730Nm

Price: Dh649,000

On sale: now  

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UAE v Gibraltar

What: International friendly

When: 7pm kick off

Where: Rugby Park, Dubai Sports City

Admission: Free

Online: The match will be broadcast live on Dubai Exiles’ Facebook page

UAE squad: Lucas Waddington (Dubai Exiles), Gio Fourie (Exiles), Craig Nutt (Abu Dhabi Harlequins), Phil Brady (Harlequins), Daniel Perry (Dubai Hurricanes), Esekaia Dranibota (Harlequins), Matt Mills (Exiles), Jaen Botes (Exiles), Kristian Stinson (Exiles), Murray Reason (Abu Dhabi Saracens), Dave Knight (Hurricanes), Ross Samson (Jebel Ali Dragons), DuRandt Gerber (Exiles), Saki Naisau (Dragons), Andrew Powell (Hurricanes), Emosi Vacanau (Harlequins), Niko Volavola (Dragons), Matt Richards (Dragons), Luke Stevenson (Harlequins), Josh Ives (Dubai Sports City Eagles), Sean Stevens (Saracens), Thinus Steyn (Exiles)

Sui Dhaaga: Made in India

Director: Sharat Katariya

Starring: Varun Dhawan, Anushka Sharma, Raghubir Yadav

3.5/5

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((Disclaimer))

The Liechtensteinische Landesbank AG (“Bank”) assumes no liability or guarantee for the accuracy, balance, or completeness of the information in this publication. The content may change at any time due to given circumstances, and the Liechtensteinische Landesbank AG is under no obligation to update information once it has been published. This publication is intended for information purposes only and does not constitute an offer, a recommendation or an invitation by, or on behalf of, Liechtensteinische Landesbank (DIFC Branch), Liechtensteinische Landesbank AG, or any of its group affiliates to make any investments or obtain services. This publication has not been reviewed, disapproved or approved by the United Arab Emirates (“UAE”) Central Bank, Dubai Financial Services Authority (“DFSA”) or any other relevant licensing authorities in the UAE. It may not be relied upon by or distributed to retail clients. Liechtensteinische Landesbank (DIFC Branch) is regulated by the DFSA and this advertorial is intended for Professional Clients (as defined by the DFSA) who have sufficient financial experience and understanding of financial markets, products or transactions and any associated risks.

Unresolved crisis

Russia and Ukraine have been locked in a bitter conflict since 2014, when Ukraine’s Kremlin-friendly president was ousted, Moscow annexed Crimea and then backed a separatist insurgency in the east.

Fighting between the Russia-backed rebels and Ukrainian forces has killed more than 14,000 people. In 2015, France and Germany helped broker a peace deal, known as the Minsk agreements, that ended large-scale hostilities but failed to bring a political settlement of the conflict.

The Kremlin has repeatedly accused Kiev of sabotaging the deal, and Ukrainian officials in recent weeks said that implementing it in full would hurt Ukraine.

Milestones on the road to union

1970

October 26: Bahrain withdraws from a proposal to create a federation of nine with the seven Trucial States and Qatar. 

December: Ahmed Al Suwaidi visits New York to discuss potential UN membership.

1971

March 1:  Alex Douglas Hume, Conservative foreign secretary confirms that Britain will leave the Gulf and “strongly supports” the creation of a Union of Arab Emirates.

July 12: Historic meeting at which Sheikh Zayed and Sheikh Rashid make a binding agreement to create what will become the UAE.

July 18: It is announced that the UAE will be formed from six emirates, with a proposed constitution signed. RAK is not yet part of the agreement.

August 6:  The fifth anniversary of Sheikh Zayed becoming Ruler of Abu Dhabi, with official celebrations deferred until later in the year.

August 15: Bahrain becomes independent.

September 3: Qatar becomes independent.

November 23-25: Meeting with Sheikh Zayed and Sheikh Rashid and senior British officials to fix December 2 as date of creation of the UAE.

November 29:  At 5.30pm Iranian forces seize the Greater and Lesser Tunbs by force.

November 30: Despite  a power sharing agreement, Tehran takes full control of Abu Musa. 

November 31: UK officials visit all six participating Emirates to formally end the Trucial States treaties

December 2: 11am, Dubai. New Supreme Council formally elects Sheikh Zayed as President. Treaty of Friendship signed with the UK. 11.30am. Flag raising ceremony at Union House and Al Manhal Palace in Abu Dhabi witnessed by Sheikh Khalifa, then Crown Prince of Abu Dhabi.

December 6: Arab League formally admits the UAE. The first British Ambassador presents his credentials to Sheikh Zayed.

December 9: UAE joins the United Nations.

First Person
Richard Flanagan
Chatto & Windus 

Various Artists 
Habibi Funk: An Eclectic Selection Of Music From The Arab World (Habibi Funk)
​​​​​​​

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

Company%20profile
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EPL's youngest
  • Ethan Nwaneri (Arsenal)
    15 years, 181 days old
  • Max Dowman (Arsenal)
    15 years, 235 days old
  • Jeremy Monga (Leicester)
    15 years, 271 days old
  • Harvey Elliott (Fulham)
    16 years, 30 days old
  • Matthew Briggs (Fulham)
    16 years, 68 days old
What sanctions would be reimposed?

Under ‘snapback’, measures imposed on Iran by the UN Security Council in six resolutions would be restored, including:

  • An arms embargo
  • A ban on uranium enrichment and reprocessing
  • A ban on launches and other activities with ballistic missiles capable of delivering nuclear weapons, as well as ballistic missile technology transfer and technical assistance
  • A targeted global asset freeze and travel ban on Iranian individuals and entities
  • Authorisation for countries to inspect Iran Air Cargo and Islamic Republic of Iran Shipping Lines cargoes for banned goods
Specs
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Silent Hill f

Publisher: Konami

Platforms: PlayStation 5, Xbox Series X/S, PC

Rating: 4.5/5

What is a Ponzi scheme?

A fraudulent investment operation where the scammer provides fake reports and generates returns for old investors through money paid by new investors, rather than through ligitimate business activities.

Our legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

While you're here
If you go...

Etihad flies daily from Abu Dhabi to Zurich, with fares starting from Dh2,807 return. Frequent high speed trains between Zurich and Vienna make stops at St. Anton.

Islamophobia definition

A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.

SPECS

Mini John Cooper Works Clubman and Mini John Cooper Works Countryman

Engine: two-litre 4-cylinder turbo

Transmission: nine-speed automatic

Power: 306hp

Torque: 450Nm

Price: JCW Clubman, Dh220,500; JCW Countryman, Dh225,500

What is dialysis?

Dialysis is a way of cleaning your blood when your kidneys fail and can no longer do the job.

It gets rid of your body's wastes, extra salt and water, and helps to control your blood pressure. The main cause of kidney failure is diabetes and hypertension.

There are two kinds of dialysis — haemodialysis and peritoneal.

In haemodialysis, blood is pumped out of your body to an artificial kidney machine that filter your blood and returns it to your body by tubes.

In peritoneal dialysis, the inside lining of your own belly acts as a natural filter. Wastes are taken out by means of a cleansing fluid which is washed in and out of your belly in cycles.

It isn’t an option for everyone but if eligible, can be done at home by the patient or caregiver. This, as opposed to home haemodialysis, is covered by insurance in the UAE.

Volvo ES90 Specs

Engine: Electric single motor (96kW), twin motor (106kW) and twin motor performance (106kW)

Power: 333hp, 449hp, 680hp

Torque: 480Nm, 670Nm, 870Nm

On sale: Later in 2025 or early 2026, depending on region

Price: Exact regional pricing TBA

RESULTS

Bantamweight title:
Vinicius de Oliveira (BRA) bt Xavier Alaoui (MAR)
(KO round 2)
Catchweight 68kg:
Sean Soriano (USA) bt Noad Lahat (ISR)
(TKO round 1)
Middleweight:
Denis Tiuliulin (RUS) bt Juscelino Ferreira (BRA)
(TKO round 1)
Lightweight:
Anas Siraj Mounir (MAR) bt Joachim Tollefsen (DEN)
(Unanimous decision)
Catchweight 68kg:
Austin Arnett (USA) bt Daniel Vega (MEX)
(TKO round 3)
Lightweight:
Carrington Banks (USA) bt Marcio Andrade (BRA)
(Unanimous decision)
Catchweight 58kg:
Corinne Laframboise (CAN) bt Malin Hermansson (SWE)
(Submission round 2)
Bantamweight:
Jalal Al Daaja (CAN) bt Juares Dea (CMR)
(Split decision)
Middleweight:
Mohamad Osseili (LEB) bt Ivan Slynko (UKR)
(TKO round 1)
Featherweight:
Tarun Grigoryan (ARM) bt Islam Makhamadjanov (UZB)
(Unanimous decision)
Catchweight 54kg:
Mariagiovanna Vai (ITA) bt Daniella Shutov (ISR)
(Submission round 1)
Middleweight:
Joan Arastey (ESP) bt Omran Chaaban (LEB)
(Unanimous decision)
Welterweight:
Bruno Carvalho (POR) bt Souhil Tahiri (ALG)
(TKO)

Company Profile:

Name: The Protein Bakeshop

Date of start: 2013

Founders: Rashi Chowdhary and Saad Umerani

Based: Dubai

Size, number of employees: 12

Funding/investors:  $400,000 (2018) 

UAE squad

Esha Oza (captain), Al Maseera Jahangir, Emily Thomas, Heena Hotchandani, Indhuja Nandakumar, Katie Thompson, Lavanya Keny, Mehak Thakur, Michelle Botha, Rinitha Rajith, Samaira Dharnidharka, Siya Gokhale, Sashikala Silva, Suraksha Kotte, Theertha Satish (wicketkeeper) Udeni Kuruppuarachchige, Vaishnave Mahesh.

UAE tour of Zimbabwe

All matches in Bulawayo
Friday, Sept 26 – First ODI
Sunday, Sept 28 – Second ODI
Tuesday, Sept 30 – Third ODI
Thursday, Oct 2 – Fourth ODI
Sunday, Oct 5 – First T20I
Monday, Oct 6 – Second T20I

French business

France has organised a delegation of leading businesses to travel to Syria. The group was led by French shipping giant CMA CGM, which struck a 30-year contract in May with the Syrian government to develop and run Latakia port. Also present were water and waste management company Suez, defence multinational Thales, and Ellipse Group, which is currently looking into rehabilitating Syrian hospitals.

Updated: December 22, 2021, 12:59 PM