Long-time UAE resident Zeek Zorkany has been diving in Fujairah since 2010.
But when he re-entered the sea this weekend after a two-month hiatus due to restrictions surrounding the coronavirus, he was taken aback by the scenes that greeted him.
In a single dive, Zorkany spotted three Blacktip sharks, two Guitar sharks, three Eagle rays, a Cowtail stingray, four turtles and numerous barracuda, and was able to capture some of this thriving sea life on video.
“On a normal day, in exactly the same spot, we’d be lucky to see a single turtle in one dive,” he says.
While dive centres are currently not allowed to take boats out, shore dives are permitted. A lack of noise pollution and inexperienced divers in the waters has seemingly emboldened marine life, notes Zorkany.
“The fish were coming right up to us, and at one point, there were even sharks approaching us. Normally they would be freaked out and disappear immediately.”
The long-time Dubai resident, who works in cyber security and teaches diving “as a passion”, was also struck by the improved visibility under the surface, and by a noticeable lack of rubbish.
“The major thing was the number of schools of fish that we saw. The amount of fish has probably quadrupled since I last went diving two months ago, in early March.
"It was like being in a forest of fish. The visibility has also really improved, and there was no rubbish and no plastic to be seen. We did see a couple of gloves and face masks, though.”
Nonetheless, it was a marked change from some of the scenes he has witnessed in the past that highlight how careful we should be when disposing of our rubbish. “A lot of times we will see dead turtles that have choked on plastic bags,” he says. “Humans have a tendency to make things worse. It would be great if people become more responsible as a result of the current situation.”
While the boats at Divers Down, a dive centre in Al Aqah, Fujairah, are currently being kept out of the water, that hasn’t stopped the centre’s operations manager, Michele Collela, from witnessing a similar revival of marine activity.
“We went down to the centre to check the boats the other day, and there were dolphins in the water, jumping around. They seemed to be saying: “We are enjoying that you are not here!” she jokes. “I think marine life is taking its revenge.”
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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
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