The UAE on Wednesday approved a Dh2 billion ($540 million) aid package to support Emiratis affected by the country's worst storms on record.
Sheikh Mohammed bin Rashid, Prime Minister and Ruler of Dubai, set out the major relief effort as he chaired a meeting of the UAE Cabinet at Qasr Al Watan in Abu Dhabi.
He said the funds would be used to address damage caused to the homes and property of citizens.
He said a committee would be established to assess the damage caused by the adverse weather, which struck the Emirates last Tuesday.
"In the Council of Ministers today, we approved an amount of 2 billion dirhams to address the damage to citizens’ homes," Sheikh Mohammed wrote on X, formerly Twitter.
"A ministerial committee was assigned to follow up on this file, inventory the damage to homes, and disburse compensation in co-operation with the rest of the federal and local authorities."
Sheikh Mohammed said the extreme weather was "unprecedented in its severity" and lessons would be learned from the deluge.
He said emergency services had received more than 200,000 calls related to the heavy flooding.
The UAE was lashed by the highest single day of rainfall in 75 years, leading to widespread flooding of homes and roads and significant disruption to travel.
Deadly floods
At least three people died in the torrential rainfall which battered large parts of the country.
An Emirati man died during fierce flash flooding on Tuesday in Ras Al Khaimah.
The citizen, who was in his 70s, was killed when his vehicle was swept away by strong currents during treacherous weather in Ras Al Khaimah.
Police said the man was attempting to travel through a flooded wadi as heavy rain battered the emirate.
Emergency response teams recovered his body.
Two people suffocated in their car in Sharjah on the same day.
The incident happened after they became trapped in their car as they travelled to their homes in Sharjah.
Maj Gen Saif Al Shamsi, commander-in-chief of Sharjah Police, told The National the two were travelling along Al Wahda Street when their vehicle became stuck in a traffic jam caused by the flooding.
“At this time, the vehicle was completely sealed, which unfortunately led to the accumulation of carbon monoxide from the running air-conditioning unit” he said.
“The autopsy confirmed their death was due to carbon monoxide poisoning."
Flood response
President Sheikh Mohamed called for a quick response from authorities.
Sheikh Mohamed expressed his appreciation for the awareness and responsibility shown by people during the adverse weather, state news agency Wam reported.
He has requested that authorities quickly work on limiting the damage caused after the country witnessed its heaviest rainfall on record.
Sheikh Mohamed also asked that necessary support be provided to all families affected by the severe weather, ordering that they be moved to safe locations in co-operation with local authorities.
Economy and tourism on agenda
Ministers reviewed the nation's economic progress and a positive tourism outlook during the meeting.
Sheikh Mohammed said economic partnerships agreed with more than a dozen countries would enable the country to increase exports by Dh366bn annually by 2031.
The Prime Minister said the UAE's foreign trade for all goods in services reached Dh445bn in 2023, a record figure.
The Prime Minister revealed the number of hotel guests nationwide reached 28 million in 2023, up 11 per cent on the previous year.
The specs: 2017 Ford F-150 Raptor
Price, base / as tested Dh220,000 / Dh320,000
Engine 3.5L V6
Transmission 10-speed automatic
Power 421hp @ 6,000rpm
Torque 678Nm @ 3,750rpm
Fuel economy, combined 14.1L / 100km
PROFILE OF HALAN
Started: November 2017
Founders: Mounir Nakhla, Ahmed Mohsen and Mohamed Aboulnaga
Based: Cairo, Egypt
Sector: transport and logistics
Size: 150 employees
Investment: approximately $8 million
Investors include: Singapore’s Battery Road Digital Holdings, Egypt’s Algebra Ventures, Uber co-founder and former CTO Oscar Salazar
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How to apply for a drone permit
- Individuals must register on UAE Drone app or website using their UAE Pass
- Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
- Upload the training certificate from a centre accredited by the GCAA
- Submit their request
What are the regulations?
- Fly it within visual line of sight
- Never over populated areas
- Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
- Users must avoid flying over restricted areas listed on the UAE Drone app
- Only fly the drone during the day, and never at night
- Should have a live feed of the drone flight
- Drones must weigh 5 kg or less
More from Rashmee Roshan Lall
GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
The specs: 2018 Nissan Altima
Price, base / as tested: Dh78,000 / Dh97,650
Engine: 2.5-litre in-line four-cylinder
Power: 182hp @ 6,000rpm
Torque: 244Nm @ 4,000rpm
Transmission: Continuously variable tranmission
Fuel consumption, combined: 7.6L / 100km
Election pledges on migration
CDU: "Now is the time to control the German borders and enforce strict border rejections"
SPD: "Border closures and blanket rejections at internal borders contradict the spirit of a common area of freedom"
Pearls on a Branch: Oral Tales
Najlaa Khoury, Archipelago Books
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
More from Neighbourhood Watch:
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
World Cricket League Division 2
In Windhoek, Namibia - Top two teams qualify for the World Cup Qualifier in Zimbabwe, which starts on March 4.
UAE fixtures
Thursday February 8, v Kenya; Friday February 9, v Canada; Sunday February 11, v Nepal; Monday February 12, v Oman; Wednesday February 14, v Namibia; Thursday February 15, final
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