• A Moheeb 6x6 Patrol at the Auto Moto Show 2022. All photos: Victor Besa / The National
    A Moheeb 6x6 Patrol at the Auto Moto Show 2022. All photos: Victor Besa / The National
  • Auto Moto is the biggest event of its kind in the region.
    Auto Moto is the biggest event of its kind in the region.
  • Bikes aplenty.
    Bikes aplenty.
  • Visitors get a close look at the vehicles.
    Visitors get a close look at the vehicles.
  • A pair of exhibitors show off their customised saloon car at the show.
    A pair of exhibitors show off their customised saloon car at the show.
  • RC rock crawler enthusiasts practise their skills at the Hobby Sports obstacle course at the show.
    RC rock crawler enthusiasts practise their skills at the Hobby Sports obstacle course at the show.
  • Abdulla Alforhan flew in from Kuwait with his customised Mini Cooper entry.
    Abdulla Alforhan flew in from Kuwait with his customised Mini Cooper entry.
  • Sisters Noor and Mariam Alhashimi present a pair of biker T-shirts.
    Sisters Noor and Mariam Alhashimi present a pair of biker T-shirts.
  • Salem Abdalla built this customised motorbike with a water pump motor and used a Volkswagen Beetle fender as a body.
    Salem Abdalla built this customised motorbike with a water pump motor and used a Volkswagen Beetle fender as a body.
  • Bike fans examine what's on display.
    Bike fans examine what's on display.
  • A visitor takes a shot of the Hulk-themed vehicle.
    A visitor takes a shot of the Hulk-themed vehicle.
  • A BMW R60/6 Cafe Racer on display.
    A BMW R60/6 Cafe Racer on display.
  • A young Emirati bike fan shows his appreciation.
    A young Emirati bike fan shows his appreciation.
  • Muscle cars at Auto Moto.
    Muscle cars at Auto Moto.
  • Classic low riders show little regard for the prospect of speed bumps.
    Classic low riders show little regard for the prospect of speed bumps.
  • Another rock crawler enthusiast has a bash at the mini assault course.
    Another rock crawler enthusiast has a bash at the mini assault course.
  • A modified Nissan Skyline at Auto Moto.
    A modified Nissan Skyline at Auto Moto.
  • A visitor has a look at some Japanese automotive muscle.
    A visitor has a look at some Japanese automotive muscle.
  • A gold-plated 2016 Hayabusa with Swarovski crystals is presented by owner Ahmed Alhamadi.
    A gold-plated 2016 Hayabusa with Swarovski crystals is presented by owner Ahmed Alhamadi.
  • The classic pickup truck section at Auto Moto.
    The classic pickup truck section at Auto Moto.
  • Visitors buy some patches at Auto Moto.
    Visitors buy some patches at Auto Moto.
  • A classic Datsun on display.
    A classic Datsun on display.
  • Omani visitors at Auto Moto.
    Omani visitors at Auto Moto.
  • That's a lot of polish.
    That's a lot of polish.

Auto Moto 2022 extravaganza roars into Abu Dhabi


Simon Wilgress-Pipe
  • English
  • Arabic

Auto Moto Show 2022, the region’s largest exhibition for custom cars and bikes, roared its way back into Abu Dhabi at the weekend.

Adnec hosted the event, which, alongside the usual enthusiasts, attracted major international companies involved in the manufacture and supply of parts and products.

Much of the centre’s ground-floor space was devoted to the gathering, with sections including modified and classic cars and bikes, buggies, fan clubs and even caravans. Radio-controlled vehicles were also involved.

Alongside competitions for best-in-show cars and bikes, a freestyle drifting event provided plenty of noise and action for spectators in a tyre-strewn area.

None of that inside though, as strict instructions were given to the effect that no exhibitor was allowed to spark up his or her engine while the show was taking place.

Visitors got the full-on automotive experience as they came through the doors, with a Hulk and Iron Man-themed display shouting for attention right from the off.

This is the event’s first year in this format.

With spectators showing up in full force, Auto Moto is likely to be a highlight of the calendar for the region’s petrol heads in future years.

Click through the gallery below to see when the Mirdif Motor Show made its way into Dubai - in pictures

  • The Mirdif Motor Show took place in Dubai on February 4 and 5. Photos: City Centre Mirdif
    The Mirdif Motor Show took place in Dubai on February 4 and 5. Photos: City Centre Mirdif
  • Supercars in a line.
    Supercars in a line.
  • Here comes a Hummer.
    Here comes a Hummer.
  • A modfied Toyota whose owner clearly enjoyed the film 'Ronin'.
    A modfied Toyota whose owner clearly enjoyed the film 'Ronin'.
  • Tiger Mini with eyes to match.
    Tiger Mini with eyes to match.
  • A small co-driver has a lie down in this red and black beast.
    A small co-driver has a lie down in this red and black beast.
  • Classic stylings on a vintage US pick-up.
    Classic stylings on a vintage US pick-up.
  • A 1970s Volkswagen Beetle in classic black.
    A 1970s Volkswagen Beetle in classic black.
  • Visitors make their way to City Centre Mirdif.
    Visitors make their way to City Centre Mirdif.
  • Three-wheelers in a line on the forecourt.
    Three-wheelers in a line on the forecourt.
  • An Expo 2020 runaround on display.
    An Expo 2020 runaround on display.
  • A modified Harley-Davidson motorcycle in fetching orange.
    A modified Harley-Davidson motorcycle in fetching orange.
  • Under the bonnet of a classic pick-up.
    Under the bonnet of a classic pick-up.
  • A peek at Pikachu's powertrain.
    A peek at Pikachu's powertrain.
  • This custom creation shows what you can do with a welder and some metal.
    This custom creation shows what you can do with a welder and some metal.
  • Some power on offer there, no doubt.
    Some power on offer there, no doubt.
  • Some wattage on display.
    Some wattage on display.
  • A 1960s Ford Mustang.
    A 1960s Ford Mustang.
  • An Expo 2020 pick-up.
    An Expo 2020 pick-up.
  • Visitors take shots of a gold and red racer.
    Visitors take shots of a gold and red racer.
  • You'll certainly get to hospital rapidly in this Nissan GT-R ambulance.
    You'll certainly get to hospital rapidly in this Nissan GT-R ambulance.
  • There's a Ford Mustang lurking beneath the 'Avatar' stylings.
    There's a Ford Mustang lurking beneath the 'Avatar' stylings.
  • A revamped Ford truck.
    A revamped Ford truck.
  • Emirati personality Yousef Al Ansari takes to the stage to welcome visitors to Mirdif Motor Show 2022.
    Emirati personality Yousef Al Ansari takes to the stage to welcome visitors to Mirdif Motor Show 2022.
  • Is it a bird? Is it a plane? No, it's a pretty fancy trike.
    Is it a bird? Is it a plane? No, it's a pretty fancy trike.
  • The bikes in a line at the motor show.
    The bikes in a line at the motor show.
  • A modified Nissan GT-R honours Dubai Civil Defence.
    A modified Nissan GT-R honours Dubai Civil Defence.
  • Day-glo, but not delicate.
    Day-glo, but not delicate.
Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
RESULTS

Women:

55kg brown-black belt: Amal Amjahid (BEL) bt Amanda Monteiro (BRA) via choke
62kg brown-black belt: Bianca Basilio (BRA) bt Ffion Davies (GBR) via referee’s decision (0-0, 2-2 adv)
70kg brown-black belt: Ana Carolina Vieira (BRA) bt Jessica Swanson (USA), 9-0
90kg brown-black belt: Angelica Galvao (USA) bt Marta Szarecka (POL) 8-2

Men:

62kg black belt: Joao Miyao (BRA) bt Wan Ki-chae (KOR), 7-2
69kg black belt: Paulo Miyao (BRA) bt Gianni Grippo (USA), 2-2 (1-0 adv)
77kg black belt: Espen Mathiesen (NOR) bt Jake Mackenzie (CAN)
85kg black belt: Isaque Braz (BRA) bt Faisal Al Ketbi (UAE), 2-0
94kg black belt: Felipe Pena (BRA) bt Adam Wardzinski (POL), 4-0
110kg black belt final: Erberth Santos (BRA) bt Lucio Rodrigues (GBR) via rear naked choke

RESULTS

2pm: Maiden Dh 60,000 (Dirt) 1,400m. Winner: Masaali, Pat Dobbs (jockey), Doug Watson (trainer).

2.30pm: Handicap Dh 76,000 (D) 1,400m. Winner: Almoreb, Dane O’Neill, Ali Rashid Al Raihe.

3pm: Handicap Dh 64,000 (D) 1,200m. Winner: Imprison, Fabrice Veron, Rashed Bouresly.

3.30pm: Shadwell Farm Conditions Dh 100,000 (D) 1,000m. Winner: Raahy, Adrie de Vries, Jaber Ramadhan.

4pm: Maiden Dh 60,000 (D) 1,000m. Winner: Cross The Ocean, Richard Mullen, Satish Seemar.

4.30pm: Handicap 64,000 (D) 1,950m. Winner: Sa’Ada, Fernando Jara, Ahmad bin Harmash.

COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
UAE SQUAD

Khalid Essa, Ali Khaseif, Fahad Al Dhanhani, Adel Al Hosani, Bandar Al Ahbabi, Mohammad Barghash, Salem Rashid, Khalifa Al Hammadi, Shaheen Abdulrahman, Hassan Al Mahrami, Walid Abbas, Mahmoud Khamis, Yousef Jaber, Majed Sorour, Majed Hassan, Ali Salmeen, Abdullah Ramadan, Abdullah Al Naqbi, Khalil Al Hammadi, Fabio De Lima, Khalfan Mubarak, Tahnoon Al Zaabi, Ali Saleh, Caio Canedo, Ali Mabkhout, Sebastian Tagliabue, Zayed Al Ameri

Starring: Jamie Foxx, Angela Bassett, Tina Fey

Directed by: Pete Doctor

Rating: 4 stars

SPEC%20SHEET%3A%20APPLE%20IPAD%20(2022)
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COMPANY%20PROFILE
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MATCH INFO

Uefa Champions League semi-final, first leg

Barcelona v Liverpool, Wednesday, 11pm (UAE).

Second leg

Liverpool v Barcelona, Tuesday, May 7, 11pm

Games on BeIN Sports

Tamkeen's offering
  • Option 1: 70% in year 1, 50% in year 2, 30% in year 3
  • Option 2: 50% across three years
  • Option 3: 30% across five years 

The Kites

Romain Gary

Penguin Modern Classics

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

Our legal consultants

Name: Hassan Mohsen Elhais

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

 

 

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US tops drug cost charts

The study of 13 essential drugs showed costs in the United States were about 300 per cent higher than the global average, followed by Germany at 126 per cent and 122 per cent in the UAE.

Thailand, Kenya and Malaysia were rated as nations with the lowest costs, about 90 per cent cheaper.

In the case of insulin, diabetic patients in the US paid five and a half times the global average, while in the UAE the costs are about 50 per cent higher than the median price of branded and generic drugs.

Some of the costliest drugs worldwide include Lipitor for high cholesterol. 

The study’s price index placed the US at an exorbitant 2,170 per cent higher for Lipitor than the average global price and the UAE at the eighth spot globally with costs 252 per cent higher.

High blood pressure medication Zestril was also more than 2,680 per cent higher in the US and the UAE price was 187 per cent higher than the global price.

MATCH INFO

Crawley Town 3 (Tsaroulla 50', Nadesan 53', Tunnicliffe 70')

Leeds United 0 

All the Money in the World

Director: Ridley Scott

Starring: Charlie Plummer, Mark Wahlberg, Michelle Williams, Christopher Plummer

Four stars

What drives subscription retailing?

Once the domain of newspaper home deliveries, subscription model retailing has combined with e-commerce to permeate myriad products and services.

The concept has grown tremendously around the world and is forecast to thrive further, according to UnivDatos Market Insights’ report on recent and predicted trends in the sector.

The global subscription e-commerce market was valued at $13.2 billion (Dh48.5bn) in 2018. It is forecast to touch $478.2bn in 2025, and include the entertainment, fitness, food, cosmetics, baby care and fashion sectors.

The report says subscription-based services currently constitute “a small trend within e-commerce”. The US hosts almost 70 per cent of recurring plan firms, including leaders Dollar Shave Club, Hello Fresh and Netflix. Walmart and Sephora are among longer established retailers entering the space.

UnivDatos cites younger and affluent urbanites as prime subscription targets, with women currently the largest share of end-users.

That’s expected to remain unchanged until 2025, when women will represent a $246.6bn market share, owing to increasing numbers of start-ups targeting women.

Personal care and beauty occupy the largest chunk of the worldwide subscription e-commerce market, with changing lifestyles, work schedules, customisation and convenience among the chief future drivers.

The specs

BMW M8 Competition Coupe

Engine 4.4-litre twin-turbo V8

Power 625hp at 6,000rpm

Torque 750Nm from 1,800-5,800rpm

Gearbox Eight-speed paddleshift auto

Acceleration 0-100kph in 3.2 sec

Top speed 305kph

Fuel economy, combined 10.6L / 100km

Price from Dh700,000 (estimate)

On sale Jan/Feb 2020
 

Updated: May 30, 2023, 1:21 PM