An engineer works on the Hope probe at Mohammed bin Rashid Space Centre. Courtesy: Wam
An engineer works on the Hope probe at Mohammed bin Rashid Space Centre. Courtesy: Wam
An engineer works on the Hope probe at Mohammed bin Rashid Space Centre. Courtesy: Wam
An engineer works on the Hope probe at Mohammed bin Rashid Space Centre. Courtesy: Wam

UAE Mars mission brings hope amid challenging year


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Fourteen years ago, the Mohammed bin Rashid Space Centre was founded in Dubai, establishing the country's nascent space programme. Since then, the UAE’s interplanetary ambitions have soared. Three years ago, the nation had no professional astronauts, but in less than a year, an Emirati astronaut has already been to space and the country will imminently send a probe to Mars, in co-operation with Japan.

These missions, accomplished in a remarkably short time, embody the determination and spirit of the Emirates to lead the Arab world's achievements in space. The space programme is also testament to the UAE's will to invest in new technology, contributing to  the expanse of humankind's knowledge beyond the realms of Earth, and nurture a new generation of homegrown scientific talent. Since the start of the space programme, universities have introduced new areas of scientific study and the interest in STEM subjects have soared.

Last September, Hazza Al Mansouri became the first Emirati astronaut to go to space. He boarded a Soyuz rocket from Kazakhstan and reached the International Space Station, where he represented his country alongside scientists from around the world.  Maj Al Mansouri's mission has made Emiratis proud and inspired an entire generation of young men and women to pursue careers in astrophysics and other scientific fields so that they could follow in his footsteps.

The success of the country’s first space mission has also laid the ground for other ambitious projects. Early on Wednesday morning, at 12.51 am, the UAE will launch the Hope probe, the first Arab mission to Mars.

Maj Hazza Al Mansouri with Sheikh Mohamed bin Zayed. Courtesy: Dubai Media Office
Maj Hazza Al Mansouri with Sheikh Mohamed bin Zayed. Courtesy: Dubai Media Office

At a time when the coronavirus pandemic has forced nations to curb budgets that are not veered exclusively to developing a vaccine, the UAE’s commitment to space ventures and continued investment in new technology stands out.

It is the aim of Hope to study the upper and lower atmosphere of Mars, where in the coming century, the UAE aspires to build a colony.
Despite the world being thrown in turmoil because of the pandemic, the UAE has remained undeterred in its space ambitions. The UAE has been at the forefront of efforts to contain the spread of Covid-19. It is the country where the most tests have been carried out per capita. Last month, an Abu Dhabi company invented a rapid coronavirus laser testing technology that could make it possible to conduct mass screenings and deliver results in mere seconds.

That the launching of the Hope probe was not delayed or cancelled due to the pandemic is a major achievement in and of itself. But science is not the only driver of the UAE’s space programme.

Despite the world being thrown in turmoil because of the pandemic, the UAE has remained undeterred in its space ambitions

According to Nidhal Guessoum, an Algerian astrophysicist at the American University of Sharjah, the prime objective of the Hope probe is “to catalyse this generation".

The Mars mission, along with the rest of the UAE’s space programme, is another chapter in the UAE's ambitious story. These accomplishment set a positive example in a a region riddled with conflict and economic mismanagement, and serve to prove that Arab nations have what it takes to thrive.

In the words of Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai: “Our journey to space represents a message of hope to every Arab citizen that we have the innovation, resilience and efforts to compete with the greatest of nations in the race for knowledge”.

Brief scores:

Pakistan (1st innings) 181: Babar 71; Olivier 6-37

South Africa (1st innings) 223: Bavuma 53; Amir 4-62

Pakistan (2nd innings) 190: Masood 65, Imam 57; Olivier 5-59

The specs

Engine: Direct injection 4-cylinder 1.4-litre
Power: 150hp
Torque: 250Nm
Price: From Dh139,000
On sale: Now

Ponti

Sharlene Teo, Pan Macmillan

THE SPECS

BMW X7 xDrive 50i

Engine: 4.4-litre V8

Transmission: Eight-speed Steptronic transmission

Power: 462hp

Torque: 650Nm

Price: Dh600,000

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

Afghanistan Premier League - at a glance

Venue: Sharjah Cricket Stadium

Fixtures:

Tue, Oct 16, 8pm: Kandahar Knights v Kabul Zwanan; Wed, Oct 17, 4pm: Balkh Legends v Nangarhar Leopards; 8pm: Kandahar Knights v Paktia Panthers; Thu, Oct 18, 4pm: Balkh Legends v Kandahar Knights; 8pm: Kabul Zwanan v Paktia Panthers; Fri, Oct 19, 8pm: First semi-final; Sat, Oct 20, 8pm: Second semi-final; Sun, Oct 21, 8pm: final

Table:

1. Balkh Legends 6 5 1 10

2. Paktia Panthers 6 4 2 8

3. Kabul Zwanan 6 3 3 6

4. Nagarhar Leopards 7 2 5 4

5. Kandahar Knights 5 1 4 2

THE BIO

Family: I have three siblings, one older brother (age 25) and two younger sisters, 20 and 13 

Favourite book: Asking for my favourite book has to be one of the hardest questions. However a current favourite would be Sidewalk by Mitchell Duneier

Favourite place to travel to: Any walkable city. I also love nature and wildlife 

What do you love eating or cooking: I’m constantly in the kitchen. Ever since I changed the way I eat I enjoy choosing and creating what goes into my body. However, nothing can top home cooked food from my parents. 

Favorite place to go in the UAE: A quiet beach.

Profile of Bitex UAE

Date of launch: November 2018

Founder: Monark Modi

Based: Business Bay, Dubai

Sector: Financial services

Size: Eight employees

Investors: Self-funded to date with $1m of personal savings

Company profile

Name: Steppi

Founders: Joe Franklin and Milos Savic

Launched: February 2020

Size: 10,000 users by the end of July and a goal of 200,000 users by the end of the year

Employees: Five

Based: Jumeirah Lakes Towers, Dubai

Financing stage: Two seed rounds – the first sourced from angel investors and the founders' personal savings

Second round raised Dh720,000 from silent investors in June this year

COMPANY PROFILE

Name: Lamsa

Founder: Badr Ward

Launched: 2014

Employees: 60

Based: Abu Dhabi

Sector: EdTech

Funding to date: $15 million

The Travel Diaries of Albert Einstein The Far East, Palestine, and Spain, 1922 – 1923
Editor Ze’ev Rosenkranz
​​​​​​​Princeton

WOMAN AND CHILD

Director: Saeed Roustaee

Starring: Parinaz Izadyar, Payman Maadi

Rating: 4/5

Mercedes V250 Avantgarde specs

Engine: 2.0-litre in-line four-cylinder turbo

Gearbox: 7-speed automatic

Power: 211hp at 5,500rpm

Torque: 350Nm

Fuel economy, combined: 6.0 l/100 km

Price: Dh235,000

Long read

Mageed Yahia, director of WFP in UAE: Coronavirus knows no borders, and neither should the response

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RESULTS

6.30pm Handicap (TB) $68,000 (Dirt) 1,200m

Winner Canvassed, Par Dobbs (jockey), Doug Watson (trainer)

7.05pm Meydan Cup – Listed Handicap (TB) $88,000 (Turf) 2,810m

Winner Dubai Future, Frankie Dettori, Saeed bin Suroor

7.40pm UAE 2000 Guineas – Group 3 (TB) $125,000 (D) 1,600m

Winner Mouheeb, Ryan Curatolo, Nicholas Bachalard

8.15pm Firebreak Stakes – Group 3 (TB) $130,000 (D) 1,600m

Winner Secret Ambition, Tadhg O’Shea, Satish Seemar

9.50pm Meydan Classic – Conditions (TB) $$50,000 (T) 1,400m

Winner Topper Bill, Richard Mullen, Satish Seemar

9.25pm Dubai Sprint – Listed Handicap (TB) $88,000 (T) 1,200m

Winner Man Of Promise, William Buick, Charlie Appleby

Sri Lanka-India Test series schedule
  • 1st Test India won by 304 runs at Galle
  • 2nd Test India won by innings and 53 runs at Colombo
  • 3rd Test August 12-16 at Pallekele