• An Emirati official looks on as the MS-15 spacecraft and the rocket carrying it is installed on the launch pad at the Baikonur Cosmodrome in September 2019, ahead of its launch. EPA
    An Emirati official looks on as the MS-15 spacecraft and the rocket carrying it is installed on the launch pad at the Baikonur Cosmodrome in September 2019, ahead of its launch. EPA
  • International Space Station (ISS) crew members UAE astronaut Hazza Al Mansouri (C), Roscosmos Russian cosmonaut Oleg Skripochka (bottom) and NASA's US astronaut Jessica Meir (top) board the Soyuz MS-15 spacecraft before its blasts off for the ISS, on September 25, 2019 at the Russian-leased Baikonur cosmodrome in Kazakhstan. AFP
    International Space Station (ISS) crew members UAE astronaut Hazza Al Mansouri (C), Roscosmos Russian cosmonaut Oleg Skripochka (bottom) and NASA's US astronaut Jessica Meir (top) board the Soyuz MS-15 spacecraft before its blasts off for the ISS, on September 25, 2019 at the Russian-leased Baikonur cosmodrome in Kazakhstan. AFP
  • Back-up crew member UAE astronaut Sultan Al Neyadi smiles as the Soyuz booster rocket FG with Soyuz MS-15 spacecraft is installed on the launchpad at the Baikonur Cosmodrome, Kazakhstan, September 23, 2019. Reuters
    Back-up crew member UAE astronaut Sultan Al Neyadi smiles as the Soyuz booster rocket FG with Soyuz MS-15 spacecraft is installed on the launchpad at the Baikonur Cosmodrome, Kazakhstan, September 23, 2019. Reuters
  • The Soyuz booster rocket FG with Soyuz MS-15 spacecraft is rolled out to the launch pad with a train at the Baikonur Cosmodrome, Kazakhstan, 23 September 2019. EPA
    The Soyuz booster rocket FG with Soyuz MS-15 spacecraft is rolled out to the launch pad with a train at the Baikonur Cosmodrome, Kazakhstan, 23 September 2019. EPA
  • A Proton-M carrier rocket with the Yahsat 1B telecommunications satellite aboard, blasts off from Kazakhstan's Baikonur cosmodrome in April 2012. AFP
    A Proton-M carrier rocket with the Yahsat 1B telecommunications satellite aboard, blasts off from Kazakhstan's Baikonur cosmodrome in April 2012. AFP

UAE to help refurbish world’s oldest spaceport in Baikonur


Sarwat Nasir
  • English
  • Arabic

The UAE will work together with Russia and Kazakhstan to upgrade the world’s oldest spaceport in Baikonur.

A letter of intent between the UAE Space Agency, Roscosmos and Kazakhstan’s aerospace committee was signed at the Dubai Airshow on Monday.

The Gagarin’s Start launch pad, also known as Site 1, is where Yuri Gagarin was launched from in 1961, making him the first man in space and setting off the first space exploration era.

Hazza Al Mansouri, the first Emirati in space, and his crew members were the last to take off from the spaceport in 2019.

DubaiSat-1, the UAE’s first Earth observation satellite, was also launched from Site 1 in 2009.

“This is all three governments committing to upgrade and pursuing this specifically from an economical perspective, especially given that all three countries really have a sentimental link to the location,” said Ibrahim Al Qasim, deputy director general of the UAE Space Agency.

  • Hazza Al Mansouri, shortly after arriving back on Earth. Photo: MBRSC
    Hazza Al Mansouri, shortly after arriving back on Earth. Photo: MBRSC
  • Hazza Al Mansouri wears an Emirati kandura on board the International Space Station. Photo: Dubai Media Office
    Hazza Al Mansouri wears an Emirati kandura on board the International Space Station. Photo: Dubai Media Office
  • Emirati astronaut Hazza Al Mansouri takes live Q&A from space and gives a tour of ISS. Screengrab via Youtube Live
    Emirati astronaut Hazza Al Mansouri takes live Q&A from space and gives a tour of ISS. Screengrab via Youtube Live
  • Sheikh Mohamed Bin Rashid talks with Emirati astronaut, Hazza Al Mansouri, during a live satellite feed from the International Space Station. Photo: Dubai Media Office
    Sheikh Mohamed Bin Rashid talks with Emirati astronaut, Hazza Al Mansouri, during a live satellite feed from the International Space Station. Photo: Dubai Media Office
  • Hazza Al Mansouri answers questions from Emirati students studying in Japan during a live session on Monday. Photo: Jaxa
    Hazza Al Mansouri answers questions from Emirati students studying in Japan during a live session on Monday. Photo: Jaxa
  • One of the pictures Hazza Al Mansouri took while onboard the International Space Station. Photo: Hazza Al Mansouri
    One of the pictures Hazza Al Mansouri took while onboard the International Space Station. Photo: Hazza Al Mansouri
  • Hazza Al Mansouri having breakfast aboard the International Space Station. The UAE's first astronaut received the Nasa Distinguished Public Service Medal in recognition of his service. Photo: Mohammed bin Rashid Space Centre
    Hazza Al Mansouri having breakfast aboard the International Space Station. The UAE's first astronaut received the Nasa Distinguished Public Service Medal in recognition of his service. Photo: Mohammed bin Rashid Space Centre
  • Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, welcomes Hazza Al Mansouri to Abu Dhabi. Wam
    Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, welcomes Hazza Al Mansouri to Abu Dhabi. Wam
  • Sheikh Theyab bin Mohamed bin Zayed, Chairman of Abu Dhabi Crown Prince Court, presents a certificate to Astronaut Major Hazza Al Mansouri at Khalifa University Graduation Ceremony at Emirates Palace in 2019. Hamad Al Kaabi / Ministry of Presidential Affairs
    Sheikh Theyab bin Mohamed bin Zayed, Chairman of Abu Dhabi Crown Prince Court, presents a certificate to Astronaut Major Hazza Al Mansouri at Khalifa University Graduation Ceremony at Emirates Palace in 2019. Hamad Al Kaabi / Ministry of Presidential Affairs
  • UAE astronauts Hazza Al Mansouri and Sultan Al Neyadi tell of their experiences on the UAE space mission during a press conference in Dubai on Tuesday. Pawan Singh / The National
    UAE astronauts Hazza Al Mansouri and Sultan Al Neyadi tell of their experiences on the UAE space mission during a press conference in Dubai on Tuesday. Pawan Singh / The National
  • Maj Hazza Al Mansouri with Sheikh Mohamed bin Zayed. Courtesy: Dubai Media Office
    Maj Hazza Al Mansouri with Sheikh Mohamed bin Zayed. Courtesy: Dubai Media Office
  • UAE's first astronaut Hazza Al Mansouri inside the Kibo lab on the International Space Station. Courtesy: Jaxa
    UAE's first astronaut Hazza Al Mansouri inside the Kibo lab on the International Space Station. Courtesy: Jaxa
  • Hazza Al Mansouri was the first person from the United Arab Emirates to go into space. National Geographic
    Hazza Al Mansouri was the first person from the United Arab Emirates to go into space. National Geographic
  • Hazza Al Mansouri (left) and Sultan Al Neyadi carried the hopes of a nation as they prepared to venture into space. Courtesy: Mohammed bin Rashid Space Centre
    Hazza Al Mansouri (left) and Sultan Al Neyadi carried the hopes of a nation as they prepared to venture into space. Courtesy: Mohammed bin Rashid Space Centre
  • Hazza Al Mansouri arrives at the Presidential Terminal at Abu Dhabi International Airport on Saturday. Wam
    Hazza Al Mansouri arrives at the Presidential Terminal at Abu Dhabi International Airport on Saturday. Wam
  • Hazza Al Mansouri is tended to by ground crews. Nasa / Youtube screengrab
    Hazza Al Mansouri is tended to by ground crews. Nasa / Youtube screengrab
  • Hazza Al Mansouri posted the image of the Soyuz to his Twitter page.
    Hazza Al Mansouri posted the image of the Soyuz to his Twitter page.

Baikonur is a city in Kazakhstan that has been leased to Russia until 2050 to help the country continue its decades-old space programme.

Kazakhstan was part of the former Soviet Union and the Baikonur Cosmodrome was built by the Soviets for their space programme.

The modernisation of the spaceport involves reconstructing the site to allow for more launches, including commercial and human space flights to the International Space Station.

As part of the agreement, all three parties will bring investors forward to contribute towards the upgrade.

“The UAE space agency is not investing or facilitating as the government. We're looking for private partners within the UAE to partake. There’s a lot of interest,” Mr Al Qasim said.

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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

Russia's Muslim Heartlands

Dominic Rubin, Oxford

In-demand jobs and monthly salaries
  • Technology expert in robotics and automation: Dh20,000 to Dh40,000 
  • Energy engineer: Dh25,000 to Dh30,000 
  • Production engineer: Dh30,000 to Dh40,000 
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  • HR leader: Dh40,000 to Dh60,000 
  • Engineering leader: Dh30,000 to Dh55,000 
  • Project manager: Dh55,000 to Dh65,000 
  • Senior reservoir engineer: Dh40,000 to Dh55,000 
  • Senior drilling engineer: Dh38,000 to Dh46,000 
  • Senior process engineer: Dh28,000 to Dh38,000 
  • Senior maintenance engineer: Dh22,000 to Dh34,000 
  • Field engineer: Dh6,500 to Dh7,500
  • Field supervisor: Dh9,000 to Dh12,000
  • Field operator: Dh5,000 to Dh7,000
Results

5pm: Maiden (PA) Dh80,000 (Turf) 1,200m. Winner: Majd Al Megirat, Sam Hitchcott (jockey), Ahmed Al Shehhi (trainer)

5.30pm: Handicap (PA) Dh80,000 (T) 1,600m. Winner: Dassan Da, Patrick Cosgrave, Helal Al Alawi

6pm: Abu Dhabi Fillies Classic Prestige (PA) Dh110,000 (T) 1,400m. Winner: Heba Al Wathba, Richard Mullen, Jean de Roualle

6.30pm: Abu Dhabi Colts Classic Prestige (PA) Dh110,000 (T) 1,400m. Winner: Hameem, Adrie de Vries, Abdallah Al Hammadi

7pm: Wathba Stallions Cup Handicap (PA) Dh70,000 (T) 2,200m. Winner: Jawal Al Reef, Richard Mullen, Ahmed Al Mehairbi

Handicap (TB) Dh100,000 (T) 2,200m. Winner: Harbour Spirit, Adrie de Vries, Jaber Ramadhan.

The bio

His favourite book - 1984 by George Orwell

His favourite quote - 'If you think education is expensive, try ignorance' by Derek Bok, Former President of Harvard

Favourite place to travel to - Peloponnese, Southern Greece

Favourite movie - The Last Emperor

Favourite personality from history - Alexander the Great

Role Model - My father, Yiannis Davos

 

 

Updated: November 16, 2021, 3:25 PM