The TSA said airport security checkpoints nationwide will be busy in the period that starts on Friday and runs through November 28. Reuters
The TSA said airport security checkpoints nationwide will be busy in the period that starts on Friday and runs through November 28. Reuters
The TSA said airport security checkpoints nationwide will be busy in the period that starts on Friday and runs through November 28. Reuters
The TSA said airport security checkpoints nationwide will be busy in the period that starts on Friday and runs through November 28. Reuters

US expects to screen 20 million air travellers during Thanksgiving period


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The US Transportation Security Administration (TSA) said on Wednesday it expects to screen about 20 million air passengers during the busy Thanksgiving travel period, starting on Friday through November 28, and that passenger volumes “may be very close to pre-pandemic levels this holiday".

Delta Air Lines is forecasting up to 5.6 million passengers from Friday through November 30, about 300 per cent more than the 2.2 million passengers reported in the same period of 2020 but still below the 6.3 million passengers registered during the same period in 2019.

  • Maureen Watkins is reunited with her grandchildren upon her arrival from London at Dulles International Airport in Chantilly, Virginia, on November 8, 2021. Reuters
    Maureen Watkins is reunited with her grandchildren upon her arrival from London at Dulles International Airport in Chantilly, Virginia, on November 8, 2021. Reuters
  • A woman hugs her grandson that she has not seen in three years upon her arrival from Frankfurt, Germany, at Dulles International Airport. Reuters
    A woman hugs her grandson that she has not seen in three years upon her arrival from Frankfurt, Germany, at Dulles International Airport. Reuters
  • Family members hold signs as they wait for passengers travelling from London to arrive at John F Kennedy International Airport in New York. Bloomberg
    Family members hold signs as they wait for passengers travelling from London to arrive at John F Kennedy International Airport in New York. Bloomberg
  • Ank Dow from the Netherlands greets her family after she passed through the US Customs and Border Protection gate at Boston's Logan International Airport. EPA
    Ank Dow from the Netherlands greets her family after she passed through the US Customs and Border Protection gate at Boston's Logan International Airport. EPA
  • Paul Campbell waits for his fiancee Patricia Bittag to arrive on a flight from Amsterdam at Logan International Airport. The pair had been separated for 23 months. Reuters
    Paul Campbell waits for his fiancee Patricia Bittag to arrive on a flight from Amsterdam at Logan International Airport. The pair had been separated for 23 months. Reuters
  • People meet relatives at baggage claim at John F Kennedy International Airport. Reuters
    People meet relatives at baggage claim at John F Kennedy International Airport. Reuters
  • Balbina Gonzalez embraces her one-year-old granddaughter for the first time outside the US Customs and Border Protection Logan International Airport. EPA
    Balbina Gonzalez embraces her one-year-old granddaughter for the first time outside the US Customs and Border Protection Logan International Airport. EPA
  • A group of motorists wait in line at San Ysidro checkpoint before entering the US in Tijuana, Baja California state, Mexico. EPA
    A group of motorists wait in line at San Ysidro checkpoint before entering the US in Tijuana, Baja California state, Mexico. EPA
  • Maria Isabel Renteria embraces her mother whom she had not seen in almost two years near the Gateway to the Americas border crossing in Laredo, Texas. Reuters
    Maria Isabel Renteria embraces her mother whom she had not seen in almost two years near the Gateway to the Americas border crossing in Laredo, Texas. Reuters
  • A group of travellers crosses the land border that connects El Paso, Texas, with Ciudad Juarez, Chihuahua state, Mexico. EPA
    A group of travellers crosses the land border that connects El Paso, Texas, with Ciudad Juarez, Chihuahua state, Mexico. EPA
  • Dual US-Canadian citizen Traysi Spring and her American husband, Tom Bakken, hold a homemade sign to welcome people heading into the US from Canada. AP
    Dual US-Canadian citizen Traysi Spring and her American husband, Tom Bakken, hold a homemade sign to welcome people heading into the US from Canada. AP
  • Family members embrace as they are reunited at Dulles International Airport. AFP
    Family members embrace as they are reunited at Dulles International Airport. AFP
  • Patrick van Rosendaal greets Belgian travellers with a sign and waffles as they arrive at Newark Liberty International Airport in Newark, New Jersey. AP
    Patrick van Rosendaal greets Belgian travellers with a sign and waffles as they arrive at Newark Liberty International Airport in Newark, New Jersey. AP
  • Jeannette Feuth from the Netherlands embraces her granddaughter as her daughter watches on. AFP
    Jeannette Feuth from the Netherlands embraces her granddaughter as her daughter watches on. AFP

United Airlines said it expects more than 4.5 million passengers during the Thanksgiving travel period — about 88 per cent of 2019 volume.

The airline said it was adding about 700 domestic flights for Thanksgiving week and would fly 87 per cent of its 2019 domestic schedule in November.

Last Friday, three dozen Democratic members of the US Congress urged President Joe Biden to require domestic airline passengers to show proof of vaccination against Covid-19 or a negative test result.

The Biden administration las week lifted travel restrictions for fully vaccinated air travellers from 33 countries including China, South Africa, Brazil and much of Europe.

The lift ended 20 months of restrictions that had separated families and strained diplomatic ties.

The US will require air passengers to be fully vaccinated and tested within three days of international travel. Airlines will be required to put in place a contact-tracing system.

Airlines for America, an industry trade group, said that in the week ending November 9, US airline passenger volumes were 13 per cent below pre-pandemic levels, with domestic air travel down 11 per cent and international down 30 per cent.

Travel group AAA forecasts 53.4 million people will travel for the Thanksgiving holiday, up 13 per cent from 2020, with most travelling by car.

The US also last week lifted restrictions on fully vaccinated tourists travelling across land borders from Mexico and Canada.

UAE currency: the story behind the money in your pockets
Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

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

Other workplace saving schemes
  • The UAE government announced a retirement savings plan for private and free zone sector employees in 2023.
  • Dubai’s savings retirement scheme for foreign employees working in the emirate’s government and public sector came into effect in 2022.
  • National Bonds unveiled a Golden Pension Scheme in 2022 to help private-sector foreign employees with their financial planning.
  • In April 2021, Hayah Insurance unveiled a workplace savings plan to help UAE employees save for their retirement.
  • Lunate, an Abu Dhabi-based investment manager, has launched a fund that will allow UAE private companies to offer employees investment returns on end-of-service benefits.
UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

Dust and sand storms compared

Sand storm

  • Particle size: Larger, heavier sand grains
  • Visibility: Often dramatic with thick "walls" of sand
  • Duration: Short-lived, typically localised
  • Travel distance: Limited 
  • Source: Open desert areas with strong winds

Dust storm

  • Particle size: Much finer, lightweight particles
  • Visibility: Hazy skies but less intense
  • Duration: Can linger for days
  • Travel distance: Long-range, up to thousands of kilometres
  • Source: Can be carried from distant regions
Herc's Adventures

Developer: Big Ape Productions
Publisher: LucasArts
Console: PlayStation 1 & 5, Sega Saturn
Rating: 4/5

Terror attacks in Paris, November 13, 2015

- At 9.16pm, three suicide attackers killed one person outside the Atade de France during a foootball match between France and Germany- At 9.25pm, three attackers opened fire on restaurants and cafes over 20 minutes, killing 39 people- Shortly after 9.40pm, three other attackers launched a three-hour raid on the Bataclan, in which 1,500 people had gathered to watch a rock concert. In total, 90 people were killed- Salah Abdeslam, the only survivor of the terrorists, did not directly participate in the attacks, thought to be due to a technical glitch in his suicide vest- He fled to Belgium and was involved in attacks on Brussels in March 2016. He is serving a life sentence in France

The specs

Engine: 2.0-litre 4cyl turbo

Power: 261hp at 5,500rpm

Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

Fuel consumption: 6.9L/100km

On sale: Now

Price: From Dh117,059

Benefits of first-time home buyers' scheme
  • Priority access to new homes from participating developers
  • Discounts on sales price of off-plan units
  • Flexible payment plans from developers
  • Mortgages with better interest rates, faster approval times and reduced fees
  • DLD registration fee can be paid through banks or credit cards at zero interest rates
Winners

Ballon d’Or (Men’s)
Ousmane Dembélé (Paris Saint-Germain / France)

Ballon d’Or Féminin (Women’s)
Aitana Bonmatí (Barcelona / Spain)

Kopa Trophy (Best player under 21 – Men’s)
Lamine Yamal (Barcelona / Spain)

Best Young Women’s Player
Vicky López (Barcelona / Spain)

Yashin Trophy (Best Goalkeeper – Men’s)
Gianluigi Donnarumma (Paris Saint-Germain and Manchester City / Italy)

Best Women’s Goalkeeper
Hannah Hampton (England / Aston Villa and Chelsea)

Men’s Coach of the Year
Luis Enrique (Paris Saint-Germain)

Women’s Coach of the Year
Sarina Wiegman (England)

War and the virus
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While you're here
THE LIGHT

Director: Tom Tykwer

Starring: Tala Al Deen, Nicolette Krebitz, Lars Eidinger

Rating: 3/5

Tamkeen's offering
  • Option 1: 70% in year 1, 50% in year 2, 30% in year 3
  • Option 2: 50% across three years
  • Option 3: 30% across five years 
COMPANY%20PROFILE%20
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20Haltia.ai%0D%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202023%0D%3Cbr%3E%3Cstrong%3ECo-founders%3A%3C%2Fstrong%3E%20Arto%20Bendiken%20and%20Talal%20Thabet%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%2C%20UAE%0D%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20AI%0D%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%2041%0D%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20About%20%241.7%20million%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Self%2C%20family%20and%20friends%26nbsp%3B%3C%2Fp%3E%0A
Updated: November 17, 2021, 8:38 PM