Summer is technically just around the corner and with Eid Al Adha and the UAE school holidays on the horizon, people are getting ready to travel.
Earlier this week, the Eid Al Adha 2023 holidays were announced for the public sector giving people a six-day break to mark the occasion.
And most schools in the UAE are winding down to end classes in late June, with lessons not resuming until late August.
If you've still to make plans for summer, there are a few airlines offering cut-price fares from the UAE to select destinations around the world, which might help you make up your mind.
Cebu Pacific's 'Dh1 flights' from Dubai to Manilla
To celebrate Philippine Independence Day, which fell on Monday, Cebu Pacific announced a Dh1 flight sale that runs until Thursday.
Like many things in life, the too-good-to-be-true Dh1 tagline isn't strictly accurate. Travellers can book basic airfares from Dubai to Manilla for this nominal cost, but will still have to pay taxes, fees and surcharges.
However, the offer from the Philippines’ largest national airline does mean that travellers can make the journey and still get change from Dh1,000. Low base fares mean the cost of flights, including all fees, start at Dh940 for the nine-hour trip.
The bustling capital city of Manila offers Philippine culture, history, shopping and nightlife, and is also the jumping-off point to the country’s myriad picturesque islands.
This deal is applicable for travel any time between November and May, and there are two daily flights for travellers to choose from.
Etihad Airways’ flights from Abu Dhabi to Muscat from Dh295
The national airline of the UAE is celebrating summer with a host of promotional airfares. Travellers seeking a bargain can book flights to neighbouring Muscat, where return fares start from Dh295, in economy class, or Dh995 in business class.
There are several other destinations on sale this summer including Istanbul from Dh895, Paris from Dh2,795 and Manchester from Dh2,495.
Other European cities included in the Etihad Airways summer sale are Geneva, Amsterdam, Milan and Dublin, while Morocco’s Casablanca and the windy city of Chicago are also included in the promotion.
To book these reduced fares, travellers will have to act fast – the sale ends on Thursday and the travel period is from July 3 until the end of September.
Emirates' fares to Sri Lanka, Phuket and Johannesburg
Holidaymakers flying from Dubai can look to Emirates' "featured fares" to find cut-price travel options.
While it's not strictly a sale, the Dubai airline has several destinations on offer this month, including Sri Lanka’s Colombo, for which fares start at Dh1,845, and Uganda’s Entebbe to which flights start at D1,715.
Johannesburg is another option for summer travel with Emirates as promotional fares to the historic South African city start from Dh2,485. Those dreaming of a beach getaway can head direct to Phuket, Thailand’s largest island, where airfares from Dubai start at Dh2,865 when booked before Thursday this week.
Booking period and validity differ for each destination, although many of the current deals will expire on June 22.
Wizz Air Abu Dhabi’s flights to the Maldives from Dh720
Low-cost airline Wizz Air Abu Dhabi is known for its year-round bargain fares. The airline is not currently running any summer sales, but several destinations it flies to make for a great summer escape and fares are low to begin with.
The sunny city of Larnaca in Cyprus is reachable in less than five hours from the UAE capital, and return fares in July start from Dh360. Or head to Greece where history and culture collide in Athens, and flights start at Dh460.
Indian Ocean holiday hotspot the Maldives is just a four-and-a-half-hour flight from the UAE and offers pristine ocean views and paradisiacal islands. Wizz Air Abu Dhabi will whisk travellers to the tropical archipelago with return fares starting at Dh720 this July.
To secure the best-value fares, travel light and book Wizz Air Abu Dhabi’s basic option, which includes only carry-on luggage.
The biog
Name: Younis Al Balooshi
Nationality: Emirati
Education: Doctorate degree in forensic medicine at the University of Bonn
Hobbies: Drawing and reading books about graphic design
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
Zayed Sustainability Prize
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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
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Business Insights
- As per the document, there are six filing options, including choosing to report on a realisation basis and transitional rules for pre-tax period gains or losses.
- SMEs with revenue below Dh3 million per annum can opt for transitional relief until 2026, treating them as having no taxable income.
- Larger entities have specific provisions for asset and liability movements, business restructuring, and handling foreign permanent establishments.
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Five famous companies founded by teens
There are numerous success stories of teen businesses that were created in college dorm rooms and other modest circumstances. Below are some of the most recognisable names in the industry:
- Facebook: Mark Zuckerberg and his friends started Facebook when he was a 19-year-old Harvard undergraduate.
- Dell: When Michael Dell was an undergraduate student at Texas University in 1984, he started upgrading computers for profit. He starting working full-time on his business when he was 19. Eventually, his company became the Dell Computer Corporation and then Dell Inc.
- Subway: Fred DeLuca opened the first Subway restaurant when he was 17. In 1965, Mr DeLuca needed extra money for college, so he decided to open his own business. Peter Buck, a family friend, lent him $1,000 and together, they opened Pete’s Super Submarines. A few years later, the company was rebranded and called Subway.
- Mashable: In 2005, Pete Cashmore created Mashable in Scotland when he was a teenager. The site was then a technology blog. Over the next few decades, Mr Cashmore has turned Mashable into a global media company.
- Oculus VR: Palmer Luckey founded Oculus VR in June 2012, when he was 19. In August that year, Oculus launched its Kickstarter campaign and raised more than $1 million in three days. Facebook bought Oculus for $2 billion two years later.
APPLE IPAD MINI (A17 PRO)
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Chip: Apple A17 Pro, 6-core CPU, 5-core GPU, 16-core Neural Engine
Storage: 128/256/512GB
Main camera: 12MP wide, f/1.8, digital zoom up to 5x, Smart HDR 4
Front camera: 12MP ultra-wide, f/2.4, Smart HDR 4, full-HD @ 25/30/60fps
Biometrics: Touch ID, Face ID
Colours: Blue, purple, space grey, starlight
In the box: iPad mini, USB-C cable, 20W USB-C power adapter
Price: From Dh2,099
Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
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Name: Yousef Al Bahar
Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994
Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers
Dhadak 2
Director: Shazia Iqbal
Starring: Siddhant Chaturvedi, Triptii Dimri
Rating: 1/5