Future generations will consider the idea of personal vehicles as archaic as the pony and trap
Future generations will consider the idea of personal vehicles as archaic as the pony and trap
Future generations will consider the idea of personal vehicles as archaic as the pony and trap
Future generations will consider the idea of personal vehicles as archaic as the pony and trap

You don’t want to own a car any more – you just don’t know it yet


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We are living in an increasingly networked, digital world, and vehicle ownership is less compatible than ever before with our modern urban lives.

Consider the strain that human beings are placing on the environment and the efforts many of us are making to live more sustainable lives. The conflict presented by having a vehicle, dedicated to our sole use, parked outside our homes quickly becomes unavoidable.

Car ownership sucks away our cash and hugely compromises any efforts we may be making towards reducing our carbon footprint.

Ride-hailing apps and future innovations in mass transit, such as the much-talked-about Hyperloop, are already beginning to disrupt the idea of car ownership. And now this new paradigm is accelerating in the Middle East.

Nowadays, the global automotive industry’s business model appears to be more about sustaining itself than giving consumers what they really need. This is not unnatural when billions of dollars of revenue and millions of jobs are on the line, but we need to start looking at how we get around in new and innovative ways.

Just think of how much time it would save you never to have to worry about your car ever again.

To future generations, vehicle ownership will seem as archaic as a pony and trap does to us today

The act of going to a dealership to purchase a new vehicle or the rigmarole of buying second-hand can take up days of your life that you’ll never get back. It’s also totally unnecessary – now that we can buy almost anything with a few clicks of a mouse, you’d think that the bulk of this process would have been moved online by car retailers. Unfortunately, it hasn’t.

Online second-hand-car platforms are doing their best to improve this experience, but the banks that finance purchases and the authorities that register them still require a great deal of personal interaction.

Once you get through all of that and finally own a car, getting it serviced usually requires driving it to a garage, where it sits for a day or so before it is worked on. Even the journey to there can be seen a source of unnecessary carbon emissions – then again, driving around in an old banger that belches black smoke into the air is hardly ethical, either. Basically, the whole business is a moral minefield.

Fortunately, the future of transport is only just around the corner. Drone taxis, which are set to take off in Dubai soon, automated cars and fleets of electric buses will all allow us to break free from the shackles of car ownership.

For a century, car manufacturers have convinced us of the prestige of owning our own vehicles. However, rapid urbanisation and 5G connectivity will present a much more persuasive reality.

Ride hailing has been around for less than a decade, but the concept of car-pooling has existed for much longer. It's a durable idea and makes sense. Once such programmes are cheaply and freely available to enough people, there will be no need to own a car.

Of course, isolated rural areas that lack infrastructure and are poorly served by public transport will continue to rely on cars for a good while yet. The industry is also pinning its hopes on newly emerging customer bases, in rapidly developing economies such as India, but the truth is that demand may never materialise.

For centuries, large areas of the globe were dependent on horses to transport people and goods. All anyone wanted was faster, bigger and better animals, and larger stables. Then steam trains came along and, not long after that, the automobile.

A few decades from now, cars could well go the same way as the horse – a nice way for enthusiasts to get around in their free time, but not something you’d ever dream of taking to the office every day.

The more mass-transit options become available, the more the idea of owning a car will seem like an enormous hassle. They will become the preserve of collectors and hobbyists, driven by aesthetics and nostalgia for the bygone age of the internal combustion engine.

Once the facts are argued, all that will be left is an emotional attachment – the rite of passage that is taking your driving test, followed by the sense of independence and pride of owning your own vehicle. To future generations, that will seem as archaic as a pony and trap does to us today.

Mustafa Alrawi is an assistant editor-in-chief at The National

Profile

Company: Justmop.com

Date started: December 2015

Founders: Kerem Kuyucu and Cagatay Ozcan

Sector: Technology and home services

Based: Jumeirah Lake Towers, Dubai

Size: 55 employees and 100,000 cleaning requests a month

Funding:  The company’s investors include Collective Spark, Faith Capital Holding, Oak Capital, VentureFriends, and 500 Startups. 

Bugatti Chiron Super Sport - the specs:

Engine: 8.0-litre quad-turbo W16 

Transmission: 7-speed DSG auto 

Power: 1,600hp

Torque: 1,600Nm

0-100kph in 2.4seconds

0-200kph in 5.8 seconds

0-300kph in 12.1 seconds

Top speed: 440kph

Price: Dh13,200,000

Bugatti Chiron Pur Sport - the specs:

Engine: 8.0-litre quad-turbo W16 

Transmission: 7-speed DSG auto 

Power: 1,500hp

Torque: 1,600Nm

0-100kph in 2.3 seconds

0-200kph in 5.5 seconds

0-300kph in 11.8 seconds

Top speed: 350kph

Price: Dh13,600,000

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Fast%20X
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Louis%20Leterrier%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Vin%20Diesel%2C%20Michelle%20Rodriguez%2C%20Jason%20Statham%2C%20Tyrese%20Gibson%2C%20Ludacris%2C%20Jason%20Momoa%2C%20John%20Cena%2C%20Jordana%20Brewster%2C%20Nathalie%20Emmanuel%2C%20Sung%20Kang%2C%20Brie%20Larson%2C%20Helen%20Mirren%20and%20Charlize%20Theron%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203%2F5%3C%2Fp%3E%0A

Director: Laxman Utekar

Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna

Rating: 1/5

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

The UAE squad for the Asian Indoor and Martial Arts Games

The jiu-jitsu men’s team: Faisal Al Ketbi, Zayed Al Kaabi, Yahia Al Hammadi, Taleb Al Kirbi, Obaid Al Nuaimi, Omar Al Fadhli, Zayed Al Mansoori, Saeed Al Mazroui, Ibrahim Al Hosani, Mohammed Al Qubaisi, Salem Al Suwaidi, Khalfan Belhol, Saood Al Hammadi.

Women’s team: Mouza Al Shamsi, Wadeema Al Yafei, Reem Al Hashmi, Mahra Al Hanaei, Bashayer Al Matrooshi, Hessa Thani, Salwa Al Ali.

German intelligence warnings
  • 2002: "Hezbollah supporters feared becoming a target of security services because of the effects of [9/11] ... discussions on Hezbollah policy moved from mosques into smaller circles in private homes." Supporters in Germany: 800
  • 2013: "Financial and logistical support from Germany for Hezbollah in Lebanon supports the armed struggle against Israel ... Hezbollah supporters in Germany hold back from actions that would gain publicity." Supporters in Germany: 950
  • 2023: "It must be reckoned with that Hezbollah will continue to plan terrorist actions outside the Middle East against Israel or Israeli interests." Supporters in Germany: 1,250 

Source: Federal Office for the Protection of the Constitution