New Year doesn’t have to be the only time we make a new start. Photo: Finde Zukunft / Unsplash
New Year doesn’t have to be the only time we make a new start. Photo: Finde Zukunft / Unsplash
New Year doesn’t have to be the only time we make a new start. Photo: Finde Zukunft / Unsplash
New Year doesn’t have to be the only time we make a new start. Photo: Finde Zukunft / Unsplash


This time I’m not making New Year’s resolutions - I can turn over a new leaf later


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January 02, 2026

A new year has arrived, and with it come familiar promises of fresh starts and new beginnings. It’s also a time when people start sharing their resolutions for the year ahead. January 1 makes sense as a marker – it’s neat, symbolic and easy to remember. However, lately, the occasion has started to annoy me a little bit. It used to be about welcoming in a new year, but it has become so commercialised that it’s starting to feel a bit too much.

How many times have we heard the phrase “new year, new me”? It’s somehow become the de facto motto when it comes to New Year’s. But I wonder why we have to act as though turning a calendar page means we must somehow turn into someone new? Why not "new year, old me"? What if we’re actually happy with who we are? That’s not to say self-improvement isn’t possible and, of course, no one is perfect, but do we really need to keep hunting for flaws to fix? At what point is simply being content enough?

Every January, gyms overflow as people resolve to lose weight or get in better shape. Social media becomes filled with content about declarations of goals and intentions. Challenges appear everywhere, promising better bodies, better habits, better selves. My inbox fills with discounted meal plans and wellness resets – all subtle reminders that I, apparently, am not good enough as I am.

Gyms tend to get busier in January, as many capitalise on the surge of New Year’s resolutions with special offers. Getty Images
Gyms tend to get busier in January, as many capitalise on the surge of New Year’s resolutions with special offers. Getty Images

And yes, I know I have things I could work on. I’d love to be more consistent with meal prepping, healthier eating or getting enough sleep. But I don’t think anyone needs a specific date to begin if they really want to change, and they certainly shouldn’t feel like they’ve failed if they haven’t “transformed” or reached their goals by the end of the year.

Part of my problem is that resolutions often come from a mindset of fault-finding rather than self-understanding. They frequently start with what needs correcting – weight, routine, productivity, discipline – rather than acknowledging the qualities and strengths already there. Instead of asking, “What do I value?” or “What am I already doing right and should continue?”, the question becomes “What do I need to fix?” – which is a draining way to approach things.

Resolutions also tend to be a bit rigid. There’s this unspoken rule that if you don’t stick to them all the way through, you’ve somehow failed. Of course, that isn’t true. Something that feels important in January might not matter much at all later in the year. Real change rarely happens in a straight line – sometimes it pauses, starts again or turns into something completely different.

Also, meaningful transformation doesn’t start just because of a date. It starts when something shifts inside us or when timing is more aligned. That could happen in March. Or October. Or quietly, without any announcement at all, and it is just as legitimate.

What gets lost in all of this is the idea that being okay as we are is enough. We don’t celebrate this version of ourselves nearly as much as we should. Simply getting through the year – especially in a world that constantly feels demanding – is already something. But resolutions don’t really leave room for that kind of acknowledgement.

A new year can still hold hope. It can carry possibilities. It can be a good time for reflection, if reflection is genuinely what you want. But it doesn’t need to demand reinvention. Sometimes a new year can simply be another chapter of the same life, as the same person, continuing to grow in quiet, natural ways – or simply continuing – and that should be celebrated, too.

Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

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Defined Benefit Plan (DB)

A defined benefit plan is where the benefit is defined by a formula, typically length of service to and salary at date of leaving.

Defined Contribution Plan (DC) 

A defined contribution plan is where the benefit depends on the amount of money put into the plan for an employee, and how much investment return is earned on those contributions.

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A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.

The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000. 

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The poll of 2,006 people aged 16-24 assessed their exposure to drug dealers online in a nationally representative survey.

Of those admitting to seeing drugs for sale online, 56 per cent saw them advertised on Snapchat, 55 per cent on Instagram and 47 per cent on Facebook.

Cannabis was the drug most pushed by online dealers, with 63 per cent of survey respondents claiming to have seen adverts on social media for the drug, followed by cocaine (26 per cent) and MDMA/ecstasy, with 24 per cent of people.

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SPECS

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Engine: 5.7-litre V8

Transmission: eight-speed automatic

Power: 362hp

Torque: 530Nm

Price: Dh329,000 (base model 4.0L EXR Dh215,900)

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Name: Hassan Mohsen Elhais

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

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

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Founders: Sebastian Stefan, Sebastian Morar and Claudia Pacurar

Based: Dubai, UAE

Founded: 2014

Number of employees: 36

Sector: Logistics

Raised: $2.5 million

Investors: DP World, Prime Venture Partners and family offices in Saudi Arabia and the UAE

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Founder: Namrata Raina
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Sector: E-commerce
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Investment stage: Pre-seed
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Infiniti QX80 specs

Engine: twin-turbocharged 3.5-liter V6

Power: 450hp

Torque: 700Nm

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Updated: January 02, 2026, 6:02 PM