The attack on Sri Lanka's cricket team in Lahore, Pakistan, this week and the inevitable travel warnings that followed, is a stark reminder that tourism and terrorism make uneasy bedfellows.
In Sri Lanka itself, the two have been living side by side thanks to the 30-year-old civil war there. In an unfortunate coincidence of timing, both the government and the rebels have been busy advancing quite separate agendas there in recent weeks.
On Feb 20, a Tamil Tiger aircraft crashed into the main tax office in the capital, Colombo, killing two people; and the Sri Lankan air force shot down a second plane close to the international airport.
The Sri Lankan tourism authority - newly revamped and all set to launch its biggest ever campaign to attract visitors - issued a statement that no tourists were injured and that all pre-planned events were taking place as scheduled. The Colombo Fashion Week went ahead and the international airport was unaffected. The intended message? Life is back to normal and such isolated incidents will not hamper the Sri Lankan government's new tourism strategy.
Referring to the global marketing campaign starting in April, the government says: "This is expected to usher in a new era for Sri Lanka across the world after an imminent defeat of tiger separatists following a 30 year struggle [sic]."
The big question is will it work? Can the government reassure tourists that the island is safe? Surprisingly, cancellations in the wake of the recent attack in Colombo are low - estimated to be no more than five per cent. The problem is not cancellations, however, but bookings. For the last two years, they have been dropping significantly. In 2006, the number of visitors to the island was almost 560,000; in 2007, it was just under 500,000; and last year, it was down to 438,475.
Then came the events of last October. The Tamil Tigers, in a switch of tactics, transported the war from the northern hinterland by striking close to the capital, killing 27 people. The beaches in the south remained untouched but Germany, Australia, Italy and France were among the countries that issued strong travel advisories to people against visiting the country and since then, bookings have gone into freefall. Figures released in January this year show a drop of 32 per cent on the previous year. The only market bucking the trend is the Middle East from where the number of travellers choosing to fly to Sri Lanka is growing not shrinking. That explains why the new tourism campaign will focus on this part of the world.
With a Muslim population of 18 per cent, the island will sell itself as being able to cater to the needs of holidaymakers here; with its halal food and convenient transport links - Emirates, Qatar, Oman and Royal Jordanian all offer direct flights. The good news for holidaymakers who chose to fly to Sri Lanka is that there are bargains galore on everything from restaurants and hotels to car rental and trips out.
Several new hotels have opened since the devastating tsunami that struck the beaches in the south in December 2004. The average price for a decent hotel room in Colombo is $90 (Dh330), and $80 (Dh294) for a room at a beach resort. Packages booked via tour operators are even better value. All the island's hoteliers can do now is wait and hope.
Having spent my honeymoon there, it's hardly surprising that I view Venice as the most beautiful city in the world, and I'm not alone. More people put the so-called floating city at the top of their hotlist than anywhere else. The problem, according to the dwindling number of residents, is not only that the city is sinking - she is also drowning under the weight of tourists.
At last week's carnival, Matteo Secchi, the son of a Venetian wine merchant, and 600 members of Venessia.com, a social networking site, organised a protest party on the Rialto, dressed up as American Indians. "The point was to show we feel like we are living on a reserve," said Secchi. Leaflets in five languages read: "Our cultural identity is at risk of dissolving if Venice becomes a theme park - we Venetians will not surrender!"
Secchi has been doing the sums. He checks the residency figures weekly and updates them on an electronic board that he has erected in a shop window on the Rialto. The local population, which peaked at 164,000 in 1931, is now just over 60,000. The problem is that 20 million tourists come each year, an average of 55,000 per day.
"The number of locals has dropped by 600 since we started counting last March, and we are set to go under the psychological 60,000 barrier in May," he says.
When this happens the group will hold a mock funeral during which a coffin will be taken to the town hall. The man charged with doing something about the city's apparent demise is the Mayor of Venice, Massimo Cacciari, who was a professor of philosophy before he ran for office. He has been attacked for allowing massive advertising hoardings to be put up in St Marks' Square and, more recently, agreeing to a US$3.1m (Dh11.5m), five-year deal with Coca-Cola, for the installation of 60 vending machines in the city's piazzas. Cacciari argues that with the squeezing of goverment funding, the city needs the cash.
This season North America and Europe may have seen the best winter snow for 25 years, but it has also been one of the worst seasons for accidents. Very cold conditions have made the pistes faster and collisions on the slopes all the more serious. In Austria, there have been 29 fatalities this year leading to demands for a law to make the wearing of helmets compulsory for all children aged 14 and under. It has also opened a debate about the introduction of speed cameras on the slopes and what such regulations would mean for personal freedom.
Last week, the head of Austria's Alpine police, Lt Col Hans Ebner revealed that many skiers and snowboarders responsible for accidents hit and run. "It is around 15-20 per cent. I find it amazing," he said. Not that the problem is confined to Austria. In the Californian ski resort of Mammoth, leaving the scene of a collision is illegal and punishable by a heavy fine or up to six months in prison. Some US resorts offer rewards to those who identify hit-and-run skiers.
In a famous case in Italy recently, a 16-year-old schoolboy sparked a police manhunt when he caused the death of a man who was teaching his daughter to ski near Bolzano in the Dolomites. The boy later told police that he had not stopped because he had seen others helping the victim.
News comes of some summer deals at Emirates Hotels and Resorts. From June 1 to Sept 17, there is a 15 per cent discount and "bonus" nights on offer when you book a longer stay. At Al Maha Desert resort and spa, guests who stay for two nights will receive a complimentary third night. Promotional rates start from US$882 (Dh3,239) full board including two desert-based activities. At The Harbour Hotel in Dubai, the cost of a double room starts at $255 (Dh935) per night; and at Green Lakes Serviced Apartments, also in Dubai, a double room costs from $278 (Dh1,020) per night. Guests staying for three nights will be given a complimentary fourth night.
sryan@thenational.ae
Winners
Ballon d’Or (Men’s)
Ousmane Dembélé (Paris Saint-Germain / France)
Ballon d’Or Féminin (Women’s)
Aitana Bonmatí (Barcelona / Spain)
Kopa Trophy (Best player under 21 – Men’s)
Lamine Yamal (Barcelona / Spain)
Best Young Women’s Player
Vicky López (Barcelona / Spain)
Yashin Trophy (Best Goalkeeper – Men’s)
Gianluigi Donnarumma (Paris Saint-Germain and Manchester City / Italy)
Best Women’s Goalkeeper
Hannah Hampton (England / Aston Villa and Chelsea)
Men’s Coach of the Year
Luis Enrique (Paris Saint-Germain)
Women’s Coach of the Year
Sarina Wiegman (England)
Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
The%20US%20Congress%20explained
%3Cp%3E-%20Congress%20is%20one%20of%20three%20branches%20of%20the%20US%20government%2C%20and%20the%20one%20that%20creates%20the%20nation's%20federal%20laws%3C%2Fp%3E%0A%3Cp%3E-%20Congress%20is%20divided%20into%20two%20chambers%3A%20The%20House%20of%20Representatives%20and%20the%20Senate%3C%2Fp%3E%0A%3Cp%3E-%C2%A0The%20House%20is%20made%20up%20of%20435%20members%20based%20on%20a%20state's%20population.%20House%20members%20are%20up%20for%20election%20every%20two%20years%3C%2Fp%3E%0A%3Cp%3E-%20A%20bill%20must%20be%20approved%20by%20both%20the%20House%20and%20Senate%20before%20it%20goes%20to%20the%20president's%20desk%20for%20signature%3C%2Fp%3E%0A%3Cp%3E-%20A%20political%20party%20needs%20218%20seats%20to%20be%20in%20control%20of%20the%20House%20of%20Representatives%3C%2Fp%3E%0A%3Cp%3E-%20The%20Senate%20is%20comprised%20of%20100%20members%2C%20with%20each%20state%20receiving%20two%20senators.%20Senate%20members%20serve%20six-year%20terms%3C%2Fp%3E%0A%3Cp%3E-%20A%20political%20party%20needs%2051%20seats%20to%20control%20the%20Senate.%20In%20the%20case%20of%20a%2050-50%20tie%2C%20the%20party%20of%20the%20president%20controls%20the%20Senate%3C%2Fp%3E%0A
Farasan Boat: 128km Away from Anchorage
Director: Mowaffaq Alobaid
Stars: Abdulaziz Almadhi, Mohammed Al Akkasi, Ali Al Suhaibani
Rating: 4/5
Director: Laxman Utekar
Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna
Rating: 1/5
57%20Seconds
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Rusty%20Cundieff%0D%3Cbr%3E%3Cstrong%3EStars%3A%20%3C%2Fstrong%3EJosh%20Hutcherson%2C%20Morgan%20Freeman%2C%20Greg%20Germann%2C%20Lovie%20Simone%0D%3Cbr%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E2%2F5%0D%3Cbr%3E%0D%3Cbr%3E%3C%2Fp%3E%0A
Our legal advisor
Ahmad El Sayed is Senior Associate at Charles Russell Speechlys, a law firm headquartered in London with offices in the UK, Europe, the Middle East and Hong Kong.
Experience: Commercial litigator who has assisted clients with overseas judgments before UAE courts. His specialties are cases related to banking, real estate, shareholder disputes, company liquidations and criminal matters as well as employment related litigation.
Education: Sagesse University, Beirut, Lebanon, in 2005.
Various Artists
Habibi Funk: An Eclectic Selection Of Music From The Arab World (Habibi Funk)
Gulf Under 19s final
Dubai College A 50-12 Dubai College B
European arms
Known EU weapons transfers to Ukraine since the war began: Germany 1,000 anti-tank weapons and 500 Stinger surface-to-air missiles. Luxembourg 100 NLAW anti-tank weapons, jeeps and 15 military tents as well as air transport capacity. Belgium 2,000 machine guns, 3,800 tons of fuel. Netherlands 200 Stinger missiles. Poland 100 mortars, 8 drones, Javelin anti-tank weapons, Grot assault rifles, munitions. Slovakia 12,000 pieces of artillery ammunition, 10 million litres of fuel, 2.4 million litres of aviation fuel and 2 Bozena de-mining systems. Estonia Javelin anti-tank weapons. Latvia Stinger surface to air missiles. Czech Republic machine guns, assault rifles, other light weapons and ammunition worth $8.57 million.
The view from The National
The biog
DOB: March 13, 1987
Place of birth: Jeddah, Saudi Arabia but lived in Virginia in the US and raised in Lebanon
School: ACS in Lebanon
University: BSA in Graphic Design at the American University of Beirut
MSA in Design Entrepreneurship at the School of Visual Arts in New York City
Nationality: Lebanese
Status: Single
Favourite thing to do: I really enjoy cycling, I was a participant in Cycling for Gaza for the second time this year
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
Wicked: For Good
Director: Jon M Chu
Starring: Ariana Grande, Cynthia Erivo, Jonathan Bailey, Jeff Goldblum, Michelle Yeoh, Ethan Slater
Rating: 4/5
From Zero
Artist: Linkin Park
Label: Warner Records
Number of tracks: 11
Rating: 4/5
How to donate
Send “thenational” to the following numbers or call the hotline on: 0502955999
2289 – Dh10
2252 – Dh 50
6025 – Dh20
6027 – Dh 100
6026 – Dh 200
Results
2.30pm: Expo 2020 Dubai – Conditions (PA) Dh80,000 (Dirt) 1,600m; Winner: Barakka, Ray Dawson (jockey), Ahmad bin Harmash (trainer)
3.05pm: Now Or Never – Maiden (TB) Dh82,500 (Turf) 1,600m; Winner: One Idea, Andrea Atzeni, Doug Watson
3.40pm: This Is Our Time – Handicap (TB) Dh82,500 (D) 1,600m; Winner: Perfect Balance, Tadhg O’Shea, Bhupat Seemar
4.15pm: Visit Expo 2020 – Handicap (TB) Dh87,500 (T) 1,600m; Winner: Kaheall, Richard Mullen, Salem bin Ghadayer
4.50pm: The World In One Place – Handicap (TB) Dh95,000 (T) 1.900m; Winner: Castlebar, Adrie de Vries, Helal Al Alawi
5.25pm: Vision – Handicap (TB) Dh95,000 (D) 1,200m; Winner: Shanty Star, Richard Mullen, Rashed Bouresly
6pm: Al Wasl Plaza – Handicap (TB) Dh95,000 (T) 1,200m; Winner: Jadwal, Dane O’Neill, Doug Watson