Live updates: follow the latest news on Russia-Ukraine
Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, has ordered two emergency relief flights to support 85,000 people fleeing the conflict in Ukraine.
The planes carrying essential aid have departed from airports in Dubai and Sharjah.
The transport of the relief material was enabled by International Humanitarian City in Dubai (IHC).
Emirates airline provided its Boeing 777-ER Cargo plane for the first aid shipment that left from Dubai for Warsaw, Poland.
This aid, which was transported as part of the collective efforts of both UN and charitable organisations, is expected to support about 50,000 people.
The second flight, operated by Aramex airline, departed from Sharjah airport for Liege, Belgium, carrying an aid consignment from the World Health Organisation (WHO) and the UN refugee agency. This aid material is expected to assist a further 35,000 people.
The latest aid comes in addition to the aircraft dispatched by the UAE on March 7 as part of its emergency relief efforts to assist civilians in Ukraine.
“UNHCR is proud of its strategic partnership with IHC in Dubai and we appreciate this important contribution which represents the generosity of the government of the UAE and His Highness Sheikh Mohammed bin Rashid,” said Nadia Jbour, head of the UNHCR office in the UAE.
The UAE has called for a peaceful resolution to the war in Ukraine using diplomatic means.
This month, the UAE announced it would provide $5 million in relief aid to affected civilians in Ukraine in response to an urgent appeal by the UN.
“The UAE stresses the importance of focusing on the deteriorating humanitarian situation for civilians and ensuring their protection,” state news agency Wam reported.
Sheikh Abdullah bin Zayed, Minister of Foreign Affairs and International Co-operation, emphasised the need for a diplomatic solution to the war in Ukraine during a visit to Moscow on Thursday. He and his Russian counterpart Sergey Lavrov discussed the crisis in Ukraine and the related global food and energy crises.
“The UAE welcomes all mediation efforts to bring the parties together and to prioritise regional and international peace and stability,” said Sheikh Abdullah following the meeting.
“We also stressed the need to intensify efforts to consider the available options on humanitarian issues, most importantly unimpeded humanitarian access that would ensure the delivery of humanitarian aid to those in need.
“I would also like to take this opportunity to affirm the confidence that the UAE places in the parties' ability to seek a political solution and to build on the existing talks between the parties.
“The UAE is fully prepared to support all efforts aimed at finding a peaceful solution to the Ukraine conflict. We also affirm our full readiness to engage with all parties to reach a ceasefire agreement.”
Ukraine war latest - in pictures
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
'Unrivaled: Why America Will Remain the World’s Sole Superpower'
Michael Beckley, Cornell Press
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