Airshows are nothing if not spectacular; the sight of planes old and new soaring through the skies is a proven draw for crowds the world over. Although Dubai Airshow, which ends on Friday, has earned its place among the world’s top-tier aviation events, it is about much more than just aircraft.
Of course, the show was a natural backdrop to multibillion-dollar deals for new planes and training centres – Emirates, the world's biggest long-haul airline, placed an order for 95 additional Boeing 777X jets and Boeing 787 Dreamliners valued at $52 billion. It was also the scene for important announcements about investment in aviation – such as the launch of a Dh700 million ($190.5 million) programme to further modernise the UAE’s air navigation services over the next decade. However, a closer look at the airshow and what has been an important year for aviation in the UAE generally offers us a glimpse into the future of other sectors that will play a major role in our lives.
Aviation does not exist in a vacuum – it is an intrinsic part of the global economy and is the glue that binds strategic industries such as logistics, cargo and tourism. It is also on the cutting edge of engineering, technology and digitisation. It was this final sector that was on show with Emirates’ display of its coming biometric facial recognition system that promises to cut waiting times and queues for passengers. In a world where the shift to a cashless, paperless society seems set to continue, this was an important glimpse at what the future of travel may look like.
Sustainability is a key factor in all major industries these days, and aviation is no exception. That industry leaders used Dubai Airshow as a platform to explore ideas and innovations to reach their goals of net-zero emissions by 2050 points to the event’s importance. But elsewhere in UAE aviation, steps towards a greener future have already been taken, such as at Abu Dhabi International Airport’s recently opened new terminal building, which will reduce water consumption by 45 per cent and which includes more than 7,500 solar panels to power a three megawatt plant, saving an estimated 5,300 tonnes of carbon dioxide a year.
Aviation is not confined to jetliners and international travel. Dubai is notable for its interest in different forms of urban transport – including aerial city travel. The Integrity, a zero-emission electric air taxi produced by Spanish company Crisalion, and which can carry six passengers, was unveiled at the Dubai Airshow. It is due to undergo tests in Dubai next year as part of the city’s continuing efforts to break new ground on urban transportation.
Overall, this year’s Dubai Airshow demonstrates that aviation is to continue flourishing, not just in the UAE but in the wider GCC, which remains an important and strategic region. Passenger numbers are set to increase, new airlines – such as Saudi Arabia’s Riyadh Air – are being founded, and existing carriers are expanding their fleets and routes. Etihad, the UAE’s national airline, is a striking example of this ambition; it aims to triple the number of passengers carried to 33 million, double its fleet to 150 planes and increase its available seat kilometres – a measure of an airline's seats multiplied by kilometres flown – by about 30 per cent annually over the next seven years, its chief executive Antonoaldo Neves told The National earlier this month.
Other developments, such as the planned introduction of a pan-GCC visit visa, will further break down barriers to trade and travel. Dubai International Airport already expects to hit the 90 million-passenger mark for the first time in 2025 and with its new terminal, Abu Dhabi International Airport – soon to be renamed Zayed International Airport – will double current capacity to be able to handle up to 45 million passengers a year. This will enhance the UAE’s connectivity to the region and the wider world.
This is not expansion for the sake of it – growth in aviation and its supporting infrastructure is an investment for now and the future. Aside from creating jobs, aviation adds 14 per cent to UAE’s gross domestic product, according to the General Civil Aviation Authority – this is important revenue to be used in other areas. As President Sheikh Mohamed noted on Wednesday: “The aviation sector represents one of the most important vital fields that stimulate and support the growth of many sectors related to this industry.”
Aviation executives are also aware of their companies’ role in the UAE’s wider development. Discussing Emirates’ major purchase of new jets, the airline’s chairman and chief executive, Sheikh Ahmed bin Saeed, said on Tuesday that the orders “represent a significant investment that reflects Dubai's commitment to the future of aviation. It also supports the D33, Dubai's economic agenda”.
Dubai Airshow is a reliable gauge for where the industry is going, but what it really shows is how the future is shaping up for all of us.
BORDERLANDS
Starring: Cate Blanchett, Kevin Hart, Jamie Lee Curtis
Director: Eli Roth
Rating: 0/5
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
UAE currency: the story behind the money in your pockets
Second ODI
England 322-7 (50 ovs)
India 236 (50 ovs)
England win by 86 runs
Next match: Tuesday, July 17, Headingley
MATCH INFO
Uefa Champions League semi-final, second leg result:
Ajax 2-3 Tottenham
Tottenham advance on away goals rule after tie ends 3-3 on aggregate
Final: June 1, Madrid
THE SPECS
Engine: 1.5-litre
Transmission: 6-speed automatic
Power: 110 horsepower
Torque: 147Nm
Price: From Dh59,700
On sale: now
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THE SPECS
Jaguar F-Pace SVR
Engine: 5-litre supercharged V8
Transmission: 8-speed automatic
Power: 542bhp
Torque: 680Nm
Price: Dh465,071
Libya's Gold
UN Panel of Experts found regime secretly sold a fifth of the country's gold reserves.
The panel’s 2017 report followed a trail to West Africa where large sums of cash and gold were hidden by Abdullah Al Senussi, Qaddafi’s former intelligence chief, in 2011.
Cases filled with cash that was said to amount to $560m in 100 dollar notes, that was kept by a group of Libyans in Ouagadougou, Burkina Faso.
A second stash was said to have been held in Accra, Ghana, inside boxes at the local offices of an international human rights organisation based in France.
MATCH INFO
Day 1 at Mount Maunganui
England 241-4
Denly 74, Stokes 67 not out, De Grandhomme 2-28
New Zealand
Yet to bat
Jeff Buckley: From Hallelujah To The Last Goodbye
By Dave Lory with Jim Irvin
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The burning issue
The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.
Read part four: an affection for classic cars lives on
Read part three: the age of the electric vehicle begins
Read part one: how cars came to the UAE
Results
2.30pm Maiden (PA) Dh40,000 1,200m
Winner Lamia, Tadhg O’Shea, Ernst Oertel.
3pm Handicap (PA) Dh40,000 1,000m
Winner Jap Al Afreet, Elione Chaves, Irfan Ellahi.
3.30pm Handicap (PA) Dh40,000 1,700m
Winner MH Tawag, Bernardo Pinheiro, Elise Jeanne.
4pm Handicap (TB) Dh40,000 2,000m
Winner Skygazer, Sandro Paiva, Ali Rashid Al Raihe.
4.30pm The Ruler of Sharjah Cup Prestige (PA) Dh250,000 1,700m
Winner AF Kal Noor, Tadhg O’Shea, Ernst Oertel.
5pm Sharjah Marathon (PA) Dh70,000 2,700m
Winner RB Grynade, Bernardo Pinheiro, Eric Lemartinel.
The five pillars of Islam
Who has lived at The Bishops Avenue?
- George Sainsbury of the supermarket dynasty, sugar magnate William Park Lyle and actress Dame Gracie Fields were residents in the 1930s when the street was only known as ‘Millionaires’ Row’.
- Then came the international super rich, including the last king of Greece, Constantine II, the Sultan of Brunei and Indian steel magnate Lakshmi Mittal who was at one point ranked the third richest person in the world.
- Turkish tycoon Halis Torprak sold his mansion for £50m in 2008 after spending just two days there. The House of Saud sold 10 properties on the road in 2013 for almost £80m.
- Other residents have included Iraqi businessman Nemir Kirdar, singer Ariana Grande, holiday camp impresario Sir Billy Butlin, businessman Asil Nadir, Paul McCartney’s former wife Heather Mills.
Hunting park to luxury living
- Land was originally the Bishop of London's hunting park, hence the name
- The road was laid out in the mid 19th Century, meandering through woodland and farmland
- Its earliest houses at the turn of the 20th Century were substantial detached properties with extensive grounds
If you go...
Fly from Dubai or Abu Dhabi to Chiang Mai in Thailand, via Bangkok, before taking a five-hour bus ride across the Laos border to Huay Xai. The land border crossing at Huay Xai is a well-trodden route, meaning entry is swift, though travellers should be aware of visa requirements for both countries.
Flights from Dubai start at Dh4,000 return with Emirates, while Etihad flights from Abu Dhabi start at Dh2,000. Local buses can be booked in Chiang Mai from around Dh50
The specs
Engine: 6.2-litre supercharged V8
Power: 712hp at 6,100rpm
Torque: 881Nm at 4,800rpm
Transmission: 8-speed auto
Fuel consumption: 19.6 l/100km
Price: Dh380,000
On sale: now
'Gold'
Director:Anthony Hayes
Stars:Zaf Efron, Anthony Hayes
Rating:3/5
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The specs
Engine: 3.0-litre six-cylinder MHEV
Power: 360bhp
Torque: 500Nm
Transmission: eight-speed automatic
Price: from Dh282,870
On sale: now
Global state-owned investor ranking by size
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United States
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China
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UAE
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Japan
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Norway
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Canada
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Singapore
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Australia
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Saudi Arabia
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South Korea
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MATCH INFO
Champions League quarter-final, first leg
Tottenham Hotspur v Manchester City, Tuesday, 11pm (UAE)
Matches can be watched on BeIN Sports
BUNDESLIGA FIXTURES
Saturday (UAE kick-off times)
Cologne v Union Berlin (5.30pm)
Fortuna Dusseldorf v Borussia Dortmund (5.30pm)
Hertha Berlin v Eintracht Frankfurt (5.30pm)
Paderborn v Werder Bremen (5.30pm)
Wolfsburg v Freiburg (5.30pm)
Bayern Munich v Borussia Monchengladbach (8.30pm)
Sunday
Mainz v Augsburg (5.30pm)
Schalke v Bayer Leverkusen (8pm)
Wicked: For Good
Director: Jon M Chu
Starring: Ariana Grande, Cynthia Erivo, Jonathan Bailey, Jeff Goldblum, Michelle Yeoh, Ethan Slater
Rating: 4/5
Zayed Sustainability Prize