President Sheikh Mohamed presented the Abu Dhabi Awards to 10 UAE residents on Thursday in recognition of their contributions to the UAE community.
Sheikh Mohamed personally handed the awards to the recipients during a ceremony marking the 20th anniversary of the initiative, launched in 2005 to celebrate acts of goodness and selflessness. Since its inception, the Abu Dhabi Award has honoured 110 people from 18 nations who have made a lasting positive effect on society.
The 20th awards were held to highlight the inspiring stories of the nominees who “reinforced the culture of giving and solidarity, and confirmed that giving is not linked to age, profession or a specific category, but is a human value capable of making a positive change in society”, the state news agency Wam reported.
This year’s winners include a dedicated schoolteacher who has transformed the lives of her students and the late author and oil executive David Heard, whose long-standing service and commitment to the UAE community left a profound legacy.
“We celebrate the makers of goodness and hope, and express our appreciation to everyone who instils the values of goodness and contributes to strengthening the spirit of co-operation, giving, and shared social responsibility that characterises the UAE society,” said Sheikh Mohamed, reported Wam.
This year's winners also include the businessman and philanthropist Obaid Kenish Al Hameli, teacher Moza Mohamed Al Hafiti, former Minister of Foreign Affairs Rashid Abdullah Al Nuaimi, and the late Mohamed Ibrahim Obaidallah, who founded the Obaidallah Geriatric Hospital in Ras Al Khaimah.
Salem Hamad Al Mansoori and Fatima Majed Al Mansoori received awards. Following the death of their five-year-old daughter Zahia, they donated her organs. This was “a courageous act that saved the lives of three people, including two children and an adult, both within the UAE and abroad”, Wam reported.
Another winner was Hamama Obaid Khamis, who dedicated her life to serving her community “through herbal remedies, cauterisation therapy and traditional midwifery”. Abdelmonem Bin Eisa Alserkal received the award for “enriching the arts and culture landscape in the UAE and the wider region”.
The late Mr Heard, who is closely associated with the history of the UAE, was also among the winners. He wrote notable works on the history of the UAE and the development of the region’s oil industry.
An award was posthumously given to Sultan Ali Al Owais, “a renowned patron of culture and philanthropy whose life and resources were dedicated to culture, knowledge and charitable work in the UAE and the region”.
Khaldoon Al Mubarak, chairman of the Executive Affairs Authority and managing director and group chief executive of Mubadala Investment Company, received an award for his “notable contributions to the developmental journey of Abu Dhabi and the UAE”.
Scores
Rajasthan Royals 160-8 (20 ov)
Kolkata Knight Riders 163-3 (18.5 ov)
UNSC Elections 2022-23
Seats open:
- Two for Africa Group
- One for Asia-Pacific Group (traditionally Arab state or Tunisia)
- One for Latin America and Caribbean Group
- One for Eastern Europe Group
Countries so far running:
ARGENTINA SQUAD
Goalkeepers: Franco Armani, Agustin Marchesin, Esteban Andrada
Defenders: Juan Foyth, Nicolas Otamendi, German Pezzella, Nicolas Tagliafico, Ramiro Funes Mori, Renzo Saravia, Marcos Acuna, Milton Casco
Midfielders: Leandro Paredes, Guido Rodriguez, Giovani Lo Celso, Exequiel Palacios, Roberto Pereyra, Rodrigo De Paul, Angel Di Maria
Forwards: Lionel Messi, Sergio Aguero, Lautaro Martinez, Paulo Dybala, Matias Suarez
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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Countries recognising Palestine
France, UK, Canada, Australia, Portugal, Belgium, Malta, Luxembourg, San Marino and Andorra
Who was Alfred Nobel?
The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.
- In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
- Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
- Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
Company profile
Name: Tratok Portal
Founded: 2017
Based: UAE
Sector: Travel & tourism
Size: 36 employees
Funding: Privately funded
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Specs
Engine: 51.5kW electric motor
Range: 400km
Power: 134bhp
Torque: 175Nm
Price: From Dh98,800
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COMPANY%20PROFILE
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The specs
Engine: Dual 180kW and 300kW front and rear motors
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Ship name: MSC Bellissima
Ship class: Meraviglia Class
Delivery date: February 27, 2019
Gross tonnage: 171,598 GT
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Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
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
England squad
Goalkeepers: Jordan Pickford, Nick Pope, Aaron Ramsdale
Defenders: Trent Alexander-Arnold, Conor Coady, Marc Guehi, Reece James, Harry Maguire, Tyrone Mings, Luke Shaw, John Stones, Ben White
Midfielders: Jude Bellingham, Conor Gallagher, Mason Mount, Jordan Henderson, Declan Rice, James Ward-Prowse
Forwards: Tammy Abraham, Phil Foden, Jack Grealish, Harry Kane, Bukayo Saka, Emile Smith Rowe, Raheem Sterling
Why seagrass matters
- Carbon sink: Seagrass sequesters carbon up to 35X faster than tropical rainforests
- Marine nursery: Crucial habitat for juvenile fish, crustations, and invertebrates
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The specs
Engine: 2.0-litre 4cyl turbo
Power: 261hp at 5,500rpm
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Transmission: 9-speed auto
Fuel consumption: 6.9L/100km
On sale: Now
Price: From Dh117,059