The first project in Saudi Arabia’s Neom mega-development has opened in the kingdom's Red Sea.
Authorities announced the opening of Sindalah on Sunday. The luxury tourism island features a sprawling marina, five-star hotels and upscale restaurants and shops.
“Neom is committed to supporting the kingdom’s new era of luxury tourism, with the opening of Sindalah,” said Nadhmi Al-Nasr, chief executive of Neom. “Neom's inaugural destination offers visitors a ‘first glimpse’ of what the future holds for our extensive portfolio of destinations and developments.”
Billed as the “first physical showcase of Neom”, the island is the futuristic city's gateway to the Red Sea. With its strategic location, year-round temperate climate and 86-berth marina, Sindalah will appeal to nautical travellers. The Sindalah Yacht Club is the focal point of the marina and is surrounded by hotels, restaurants and retail outlets.
What is Sindalah island?
Spanning about 840,000 square metres, Sindalah island is located 5km off the Red Sea coast in the Tabuk Province. Home to several luxury hotels, including the Four Seasons, The Luxury Collection and Saudi Arabia's first Autograph Collection Resort from Marriott International, the island will boast 440 rooms and 88 luxury villas when complete, as well as 218 luxury serviced apartments.
As Neom's entry point in the Red Sea, the marina destination will also offer offshore buoys for superyachts. Located 17 hours by boat from some of the Mediterranean's primary yachting destinations, Sindalah is designed to appeal to yacht owners from Europe, Saudi Arabia and the wider Middle East.
Underwater adventurers will appreciate the destination's pristine marine ecosystem. The surrounding waters are home to more than 1,000 species of fish, many of which are only found in this region of the Red Sea.
Sindalah is part of the larger Neom project, a futuristic smart city being developed in the kingdom that's part of Saudi Arabia's 2030 Vision, which aims to diversify the country’s economy away from oil. First unveiled by Saudi Crown Prince Mohammed bin Salman in 2017, Neom will be home to smart cities, trade ports, luxury resorts, research centres, entertainment venues and tourist attractions.
What's open at Sindalah island?
While Sindalah has welcomed its first wave of guests, the island is not yet open for tourists to book overnight stays. “Information regarding bookings will be made available through Neom's tourism channels soon,” said the destination in a press release.
An invited group of visitors have explored the island to mark its official opening, Neom authorities said.
Sindalah Yacht Club, with interiors by Italian designer Stefano Ricci, will be among the first places to welcome visitors. Two hotels from Marriott International's The Luxury Collection, including a beach resort with a mix of luxury rooms and suites and an all-suite property in the heart of the retail and marina district, are slated to open by the end of this year.
The Autograph Collection property in Sindalah is also expected to open this year, offering a family-friendly experience with 66 rooms and suites, including one and two-bedroom villas, multiple dining options, a children's club and a spa.
The village and promenade at Sindalah will have 38 culinary offerings when complete. It will also be home to 36 luxury retail outlets, a beach club and beachfront golf club with an 18-hole and two nine-hole experiences.
When fully operational, Sindalah will host a season of curated cultural and sporting events, most of which will take place in the island's purpose-built amphitheatre. It will also have fine-dining menus headed up by chefs from Michelin-starred restaurants.
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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UAE currency: the story behind the money in your pockets
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Company: Instabug
Founded: 2013
Based: Egypt, Cairo
Sector: IT
Employees: 100
Stage: Series A
Investors: Flat6Labs, Accel, Y Combinator and angel investors
The specs
Engine: 4.0-litre flat-six
Torque: 450Nm at 6,100rpm
Transmission: 7-speed PDK auto or 6-speed manual
Fuel economy, combined: 13.8L/100km
On sale: Available to order now
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Learn more about Qasr Al Hosn
In 2013, The National's History Project went beyond the walls to see what life was like living in Abu Dhabi's fabled fort:
How to apply for a drone permit
- Individuals must register on UAE Drone app or website using their UAE Pass
- Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
- Upload the training certificate from a centre accredited by the GCAA
- Submit their request
What are the regulations?
- Fly it within visual line of sight
- Never over populated areas
- Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
- Users must avoid flying over restricted areas listed on the UAE Drone app
- Only fly the drone during the day, and never at night
- Should have a live feed of the drone flight
- Drones must weigh 5 kg or less