• Skydive Dubai hosted the first Swoop Festival. All photos: Pawan Singh / The National
    Skydive Dubai hosted the first Swoop Festival. All photos: Pawan Singh / The National
  • The festival features a canopy piloting competition
    The festival features a canopy piloting competition
  • It is a high-speed discipline of skydiving where experienced and trained pilots glide over a body of water while performing various stunts, controlling a small parachute
    It is a high-speed discipline of skydiving where experienced and trained pilots glide over a body of water while performing various stunts, controlling a small parachute
  • Participants were trained on the first day of the competition on Thursday, before they were put to the test
    Participants were trained on the first day of the competition on Thursday, before they were put to the test
  • Canopy piloting is a popular air sports mainly showcasing a parachutists' ability to control a canopy accurately in high speeds
    Canopy piloting is a popular air sports mainly showcasing a parachutists' ability to control a canopy accurately in high speeds
  • Depending on the competition, participants are usually scored on speed, accuracy and distance
    Depending on the competition, participants are usually scored on speed, accuracy and distance
  • Such competitions require advanced skydiving and parachuting skills
    Such competitions require advanced skydiving and parachuting skills
  • The Swoop Festival in Dubai was free for spectators, who were able to access the event through Zero Gravity
    The Swoop Festival in Dubai was free for spectators, who were able to access the event through Zero Gravity
  • Skydive Dubai is popular with tourists, residents, as well as professionals for skydiving at all levels
    Skydive Dubai is popular with tourists, residents, as well as professionals for skydiving at all levels
  • A skydive typically lasts for 20 to 30 minutes
    A skydive typically lasts for 20 to 30 minutes

Colourful parachutes take off as Skydive Dubai hosts first Swoop Festival


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The exhilarating Swoop Festival at Skydive Dubai had athletes flying over an obstacle course with colourful parachutes this week.

Beginning on Thursday, the three-day festival is the Dubai venue's inaugural canopy piloting competition, a high-speed discipline of skydiving where experienced and trained pilots glide over a body of water while performing various stunts, controlling a small parachute.

The festival was due to start on Wednesday but was delayed, owing to the rain in the UAE a representative for Skydive Dubai told The National.

Scroll through the gallery above to see images from the Swoop Festival at Skydive Dubai

Participants during the Swoop Festival held at Skydive Dubai. Pawan Singh / The National
Participants during the Swoop Festival held at Skydive Dubai. Pawan Singh / The National

Participants practised on the first day of the competition, before they were put to the high-adrenaline test, swooping and gliding through a set of inflatable obstacles in the sea near Jumeirah Beach Residence, ultimately attempting to land on one of three rafts at the end of the course on Friday. The competition continues for the second day of obstacles on Saturday.

Canopy piloting is a popular air sport, which showcases a parachutist's ability to control a canopy accurately at high speed. Depending on the competition, participants are typically scored on speed, accuracy and distance. In freestyle rounds, however, athletes are judged based on technical difficulty, presentation and landing.

Such competitions require advanced skydiving and parachuting skills.

The Swoop Festival in Dubai is free for spectators who were able to access the event through Zero Gravity.

People watching the Swoop Festival held at Skydive Dubai. Pawan Singh / The National
People watching the Swoop Festival held at Skydive Dubai. Pawan Singh / The National

The Dubai venue, which has been operating for over than 10 years, has become a prime spot for tourists, residents, as well as professionals to experience skydiving at all levels. It offers both tandem and licensed solo skydives. In 2019, Skydive Dubai started offering services to children aged 12 to 17.

A tandem skydive, according to the Dubai venue's website, is “the quickest and easiest way to experience the thrill of free-fall at over 190 kilometres per hour, while securely harnessed to one of our experienced and accomplished instructors”.

Skydives can be taken at the Palm Drop zone, which is the more popular option given the bird's eye view of Palm Jumeirah, or at the Desert Drop zone with vast views of the Arabian desertscape.

A skydive typically lasts for 20 to 30 minutes, and divers can opt for a package with photographs and a three-minute edited video. It costs Dh2,099.

Scroll through the gallery below for another one of Dubai's venues for thrill-seekers, Deep Dive Dubai

  • Diver Richard Lundgren with a bicycle in Deep Dive Dubai, the world's deepest pool. All photos: Antonie Robertson / The National
    Diver Richard Lundgren with a bicycle in Deep Dive Dubai, the world's deepest pool. All photos: Antonie Robertson / The National
  • Mr Lundgren and fellow diver Omar Farooq move one of the display motorcycles.
    Mr Lundgren and fellow diver Omar Farooq move one of the display motorcycles.
  • Mr Lundgren and Mr Farooq begin the process of placing a bicycle in the pool.
    Mr Lundgren and Mr Farooq begin the process of placing a bicycle in the pool.
  • Deep Dive Dubai has recreated a building block under water.
    Deep Dive Dubai has recreated a building block under water.
  • The divers move the display motorcycle.
    The divers move the display motorcycle.
  • Mr Lundgren prepares to place a bicycle in the pool.
    Mr Lundgren prepares to place a bicycle in the pool.
  • Jarrod Jablonski, Deep Dive Dubai director, shows some renderings of the different spaces inside the pool.
    Jarrod Jablonski, Deep Dive Dubai director, shows some renderings of the different spaces inside the pool.

Titan Sports Academy:

Programmes: Judo, wrestling, kick-boxing, muay thai, taekwondo and various summer camps

Location: Inside Abu Dhabi City Golf Club, Al Mushrif, Abu Dhabi, UAE

Telephone:  971 50 220 0326

 

The President's Cake

Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

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

THE SPECS

GMC Sierra Denali 1500

Engine: 6.2-litre V8

Transmission: 10-speed automatic

Power: 420hp

Torque: 623Nm

Price: Dh232,500

Four-day collections of TOH

Day             Indian Rs (Dh)        

Thursday    500.75 million (25.23m)

Friday         280.25m (14.12m)

Saturday     220.75m (11.21m)

Sunday       170.25m (8.58m)

Total            1.19bn (59.15m)

(Figures in millions, approximate)

What can victims do?

Always use only regulated platforms

Stop all transactions and communication on suspicion

Save all evidence (screenshots, chat logs, transaction IDs)

Report to local authorities

Warn others to prevent further harm

Courtesy: Crystal Intelligence

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THREE
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CONFIRMED%20LINE-UP
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Results

2-15pm: Commercial Bank Of Dubai – Conditions (TB) Dh100,000 (Dirt) 1,400m; Winner: Al Habash, Patrick Cosgrave (jockey), Bhupat Seemar (trainer)

2.45pm: Al Shafar Investment – Handicap (TB) Dh80,000 (D) 1,200m; Winner: Day Approach, Ray Dawson, Ahmad bin Harmash

3.15pm: Dubai Real estate Centre – Handicap (TB) Dh80,000 (D) 1,600m; Winner: Celtic Prince, Richard Mullen, Rashed Bouresly

3.45pm: Jebel Ali Sprint by ARM Holding – Listed (TB) Dh500,000 (D) 1,000m; Winner: Khuzaam, Pat Dobbs, Doug Watson

4.15pm: Shadwell – Conditions (TB) Dh100,000 (D) 1,600m; Winner: Tenbury Wells, Royston Ffrench, Salem bin Ghadayer

4.45pm: Jebel Ali Stakes by ARM Holding – Listed (TB) Dh500,000 (D) 1,950m; Winner: Lost Eden, Andrea Atzeni, Doug Watson

5.15pm: Jebel Ali Racecourse – Handicap (TB) Dh76,000 (D) 1,950m; Winner: Rougher, Pat Dobbs, Doug Watson

Updated: December 31, 2022, 6:07 AM