A reader praises Hamad Al Kaabi for his volunteer work with groups including Emirates Red Crescent.
A reader praises Hamad Al Kaabi for his volunteer work with groups including Emirates Red Crescent.
A reader praises Hamad Al Kaabi for his volunteer work with groups including Emirates Red Crescent.
A reader praises Hamad Al Kaabi for his volunteer work with groups including Emirates Red Crescent.

Volunteer sets a good example as UN ambassador


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Bravo to Hamad Al Kaabi (UN Goodwill Ambassador reward for UAE volunteer, October 11).

I recently had the pleasure of meeting and chatting with this young man at a charity exhibition.

He is a down-to-earth, striving individual who has earned this title of goodwill ambassador and deserves it.

Abeer Al Nowais, Abu Dhabi

Sadness over fallen soldier

I was so sad to read about the death of another Emirati soldier in Yemen (Body of UAE serviceman arrives in Abu Dhabi, October 11).

War has terrible consequences. My thoughts and prayers are with his family and friends.

Brigitte von Bulow, Abu Dhabi

Baghdadi isn’t running ISIL

Would it have much practical significance if the ISIL leader, Abu Bakr Al Baghdadi, is dead (Iraq claims Baghdadi caught in air strike, October 12)?

I have read that he is merely a figurehead and that the day-to-day operations of ISIL in Iraq are run by former members of the Baath party.

Also, he’s been rumoured to have been seriously injured or paralysed for some time now because of a previous air strike near Al Qaim.

I think that ISIL’s propaganda and its supporters will be hit harder by this news than the organisation itself.

Alex Whitehurst, US

Cruises should vary destinations

It was interesting to read Brett Debritz's article about the upcoming cruise season in the UAE, In praise of the tourism slow lane on the high seas (October 12).

I am considering going on the MSC Musica because I've sailed with MSC in the Mediterranean and I know what to expect.

However, the itinerary – Dubai to Abu Dhabi, Khor Fakkan, Oman and back – is a bit boring and the sailing time is short. Also, the ship will be sailing too close to the coast to be a true seagoing experience.

It would be great if, for example, one of the companies could offer a cruise from the UAE to Goa or Mumbai and back.

Omar M, Dubai

I did a cruise from Dubai last year for Christmas and it was wonderful.

Tina Marang-Webb, Dubai

Motor World is too far away

In reference to Motor World car dealers unhappy with services (October 10), I understand the concept behind getting used-car dealers out of the city.

However, putting Motor World in its current location seems to have benefited only the new-car dealers and private sellers, not the customers it should serve.

They are so far out of the city that it costs about Dh200 for a round trip in a taxi.

That money could go towards paying for registration or other costs associated with buying a car.

D Glass, Abu Dhabi

Death of Tamil star deeply felt

Once again, we have lost a great star of the film industry (Actress Manorama dies at age 87, October 11).

Manorama acted in more than 1,000 films in all kinds of roles alongside some of the leading actors of her time. She was loved by her colleagues and respected by everyone.

K Ragavan, India

Zoos are just attractions

I was distressed to read Zoo in Denmark plans to publicly dissect lion (October 10).

The zoo’s admission that it put down a healthy female lion because it had too many felines clearly demonstrates that zoos – and I mean all zoos – are not in the business of breeding animals for rehabilitation into the wild.

As many people already realise, the purpose of breeding programmes is simply to create cute “wild” babies in order to attract a steady flow of zoo ­patrons.

This zoo is going even further by using the dissection of one of its baby lions – she was killed at three months – as an additional attraction.

Jenny Moxham, Australia

Company profile

Company: Rent Your Wardrobe 

Date started: May 2021 

Founder: Mamta Arora 

Based: Dubai 

Sector: Clothes rental subscription 

Stage: Bootstrapped, self-funded 

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Ziina users can donate to relief efforts in Beirut

Ziina users will be able to use the app to help relief efforts in Beirut, which has been left reeling after an August blast caused an estimated $15 billion in damage and left thousands homeless. Ziina has partnered with the United Nations High Commissioner for Refugees to raise money for the Lebanese capital, co-founder Faisal Toukan says. “As of October 1, the UNHCR has the first certified badge on Ziina and is automatically part of user's top friends' list during this campaign. Users can now donate any amount to the Beirut relief with two clicks. The money raised will go towards rebuilding houses for the families that were impacted by the explosion.”

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

Notable cricketers and political careers
  • India: Kirti Azad, Navjot Sidhu and Gautam Gambhir (rumoured)
  • Pakistan: Imran Khan and Shahid Afridi (rumoured)
  • Sri Lanka: Arjuna Ranatunga, Sanath Jayasuriya, Tillakaratne Dilshan (rumoured)
  • Bangladesh (Mashrafe Mortaza)
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End of free parking

- paid-for parking will be rolled across Abu Dhabi island on August 18

- drivers will have three working weeks leeway before fines are issued

- areas that are currently free to park - around Sheikh Zayed Bridge, Maqta Bridge, Mussaffah Bridge and the Corniche - will now require a ticket

- villa residents will need a permit to park outside their home. One vehicle is Dh800 and a second is Dh1,200. 

- The penalty for failing to pay for a ticket after 10 minutes will be Dh200

- Parking on a patch of sand will incur a fine of Dh300

Fund-raising tips for start-ups

Develop an innovative business concept

Have the ability to differentiate yourself from competitors

Put in place a business continuity plan after Covid-19

Prepare for the worst-case scenario (further lockdowns, long wait for a vaccine, etc.) 

Have enough cash to stay afloat for the next 12 to 18 months

Be creative and innovative to reduce expenses

Be prepared to use Covid-19 as an opportunity for your business

* Tips from Jassim Al Marzooqi and Walid Hanna

ADCC AFC Women’s Champions League Group A fixtures

October 3: v Wuhan Jiangda Women’s FC
October 6: v Hyundai Steel Red Angels Women’s FC
October 9: v Sabah FA

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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)

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Types of bank fraud

1) Phishing

Fraudsters send an unsolicited email that appears to be from a financial institution or online retailer. The hoax email requests that you provide sensitive information, often by clicking on to a link leading to a fake website.

2) Smishing

The SMS equivalent of phishing. Fraudsters falsify the telephone number through “text spoofing,” so that it appears to be a genuine text from the bank.

3) Vishing

The telephone equivalent of phishing and smishing. Fraudsters may pose as bank staff, police or government officials. They may persuade the consumer to transfer money or divulge personal information.

4) SIM swap

Fraudsters duplicate the SIM of your mobile number without your knowledge or authorisation, allowing them to conduct financial transactions with your bank.

5) Identity theft

Someone illegally obtains your confidential information, through various ways, such as theft of your wallet, bank and utility bill statements, computer intrusion and social networks.

6) Prize scams

Fraudsters claiming to be authorised representatives from well-known organisations (such as Etisalat, du, Dubai Shopping Festival, Expo2020, Lulu Hypermarket etc) contact victims to tell them they have won a cash prize and request them to share confidential banking details to transfer the prize money.

The%20specs
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ELIO

Starring: Yonas Kibreab, Zoe Saldana, Brad Garrett

Directors: Madeline Sharafian, Domee Shi, Adrian Molina

Rating: 4/5