A medic receives Russia's Sputnik V vaccine shot against the coronavirus. Reuters
A medic receives Russia's Sputnik V vaccine shot against the coronavirus. Reuters
A medic receives Russia's Sputnik V vaccine shot against the coronavirus. Reuters
A medic receives Russia's Sputnik V vaccine shot against the coronavirus. Reuters

What makes the UAE such a good place to test vaccines?


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The UAE will be the first country in the Middle East to hold clinical trials of Sputnik V, the Russian-developed vaccine against Covid-19, after having begun testing a joint trial with China last summer. Developing an effective vaccine or treatment for coronavirus is humanity’s best chance at beating the pandemic and securing a path to normality. It is therefore vital that countries continue to work together to find a solution.

Final-phase trials of Sputnik V are expected to begin in the Emirates by the end of November. The vaccine is currently being tested in Russia and Belarus, with a further trial planned in Venezuela. Kirill Dmitriev, the head of the Russian Direct Investment Fund, which has financed Russia's vaccine work, told CNN that his country plans to begin mass inoculation by November. There are currently more than 150 coronavirus vaccines in development worldwide, as countries compete over which nation will develop the first viable Covid-19 jab.

The Emirates has played an active part in the fight against Covid-19 by boosting international co-operation in healthcare and research. The country has sent vital medical aid to nations in need, and launched mass-testing campaigns at home. More than 11 million tests have been carried out thus far; an impressive figure in a nation of 9.6m people. The Emirates’ advanced healthcare sector and research centres have been instrumental in attracting pharmaceutical companies to roll out final phase testing for residents. Since July, more than 30,000 volunteers participated in such trials for a vaccine developed by Sinopharm, a Chinese drugmaker.

The Emirates makes for an ideal testing ground for vaccines, in large part thanks to the diversity of those living in it, which is comprised of local nationals as well as a large pool of expatriates and their families, who hail from virtually all parts of the world. The country is home to close to 200 different nationalities.

Having such variety in a pool of volunteers is crucial when testing treatments, as it reveals whether the drug works properly across race, gender and genetic factors. In the pandemic era, it is a fortunate side effect of the country’s long-term investments in the advancement of vaccine research, health care, technology and science more generally. Perhaps most of all, it is a result of long-term investment in drawing talent from around the globe, through a focus on education, promoting a welcoming environment and a culture of pluralism and tolerance.

Although vaccine development is making great strides in the UAE and elsewhere, ending the pandemic is not expected to be a straightforward process. There have been obstacles. A coronavirus vaccine study by US company Johnson & Johnson, for instance, was temporarily halted because a participant became ill.

Final-phase trials of Sputnik V are expected to begin in the Emirates by the end of November

Unfortunately, these kinds of setbacks have given fuel to concerns from anti-vaccine groups. For others, they exacerbate fears that a total cure may never be found. Severe acute respiratory syndrome, known as SARS, is a strain of coronavirus first discovered in 2003. To this day, it has no known remedy.

But our current experience with Covid-19 presents a completely different landscape – epidemiologically, scientifically, socially and politically. The efforts put into searching for a Covid-19 cure are much greater, and so are hopes for a solution. Scientific research and international co-operation, especially in the medical and pharmaceutical fields, are crucial to ending the pandemic and finding a path back to a new, safer normal. With enough resolve, we can not only find better ways to protect those most vulnerable, but to ensure that our whole society thrives.

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Short-term let permits explained

Homeowners and tenants are allowed to list their properties for rental by registering through the Dubai Tourism website to obtain a permit.

Tenants also require a letter of no objection from their landlord before being allowed to list the property.

There is a cost of Dh1,590 before starting the process, with an additional licence fee of Dh300 per bedroom being rented in your home for the duration of the rental, which ranges from three months to a year.

Anyone hoping to list a property for rental must also provide a copy of their title deeds and Ejari, as well as their Emirates ID.

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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Key figures in the life of the fort

Sheikh Dhiyab bin Isa (ruled 1761-1793) Built Qasr Al Hosn as a watchtower to guard over the only freshwater well on Abu Dhabi island.

Sheikh Shakhbut bin Dhiyab (ruled 1793-1816) Expanded the tower into a small fort and transferred his ruling place of residence from Liwa Oasis to the fort on the island.

Sheikh Tahnoon bin Shakhbut (ruled 1818-1833) Expanded Qasr Al Hosn further as Abu Dhabi grew from a small village of palm huts to a town of more than 5,000 inhabitants.

Sheikh Khalifa bin Shakhbut (ruled 1833-1845) Repaired and fortified the fort.

Sheikh Saeed bin Tahnoon (ruled 1845-1855) Turned Qasr Al Hosn into a strong two-storied structure.

Sheikh Zayed bin Khalifa (ruled 1855-1909) Expanded Qasr Al Hosn further to reflect the emirate's increasing prominence.

Sheikh Shakhbut bin Sultan (ruled 1928-1966) Renovated and enlarged Qasr Al Hosn, adding a decorative arch and two new villas.

Sheikh Zayed bin Sultan (ruled 1966-2004) Moved the royal residence to Al Manhal palace and kept his diwan at Qasr Al Hosn.

Sources: Jayanti Maitra, www.adach.ae