Jeff Bezos's Blue Origin is aiming to sign up Dubai's ultra-wealthy for its space tourism flights.
An event was held on Monday at The Arts Club Dubai, an exclusive members' club that charges a Dh15,750 ($4,280) annual subscription and Dh15,750 joining fee.
The club, which opened its doors at the Dubai International Financial Centre in 2020, is the first international outpost of a historic London private members’ club established in 1863.
About 75 members and invited guests attended the gathering, where Blue Origin representatives spoke about the experience on a New Shepard suborbital flight, which offers a few minutes of weightlessness and views of Earth against the darkness of space.
The National was asked not to take photographs of members. Several refused to comment on whether they had purchased a ticket or would be interested.
It's a private members' event for the Arts Club. So, the the members are creatives, heads of agencies, CEOs, C-level executives, business owners, entrepreneurs and philanthropists
“This event is about creating awareness of the opportunity,” said Anna Hazlett, principal director of AzurX, the strategic adviser of Blue Origin for the Middle East region.
“It's a private members' event for the Arts Club. So, the members are creatives, heads of agencies, CEOs, C-level executives, business owners, entrepreneurs and philanthropists.
“We've also invited our own sort of curated list of people that we know are interested.”
She said that this was the “beginning of a series of events” that the company plans to hold in the UAE and the region.
Blue Origin has never revealed its price per seat, but its competitor Virgin Galactic charges $450,000.
An audience member asked a Blue Origin spokesman at the event what a ticket would cost, but was told to ask the question in private.
The company has flown 31 people on its space tourism flights since 2021.
Flights have been grounded since late September as the US Federal Aviation Administration investigates a failed uncrewed mission.
The escape system of the spacecraft was activated after the New Shephard booster experienced an anomaly one minute into its flight.
Logan Ware, Blue Origin’s commercial director for Europe, Middle East and Africa, told The National that demand was “still very high” globally despite the incident.
“We’ve flown Hamish Harding, the first one from the UAE, so we’re absolutely interested in finding the other inspired individuals that want to go to space,” he said.
“And what we're excited about is New Shepard as a flight opportunity and having that overview effect and what we like is for that experience to then have a positive impact on the world.”
Hamish Harding, a British entrepreneur who has lived in the UAE for nearly three decades, flew on a New Shepard flight in June.
He did not reveal how much he paid for the flight, but said that space tourism would become more accessible to the wider public once the cost of a ticket is equal to a sports car.
“The prices are already reasonable in a sense. They're coming down to a level where I think there'll be more like a Chrysler sports car or something that many people can aspire to,” said Mr Harding.
“I think when it reaches the price of a good sports car, then that's probably much more achievable for lots of people to aspire to.”
He shared his flight experience with the audience and also spoke about having the “overview effect”, often described by astronauts as a powerful shift in how a person views the planet and life.
“It really does change people's lives, going into space, from a perspective point of view of how you see the Earth and it has changed most people's lives,” said Mr Harding.
Star Trek actor William Shatner, who flew on Blue Origin’s second space tourism flight, also describes the overview effect he experienced in his book Boldly Go: Reflections on a Life of Awe and Wonder. An excerpt of it was published in Variety last month.
“It was among the strongest feelings of grief I have ever encountered,” he said.
“The contrast between the vicious coldness of space and the warm nurturing of Earth below filled me with overwhelming sadness.
“Every day, we are confronted with the knowledge of further destruction of Earth at our hands: the extinction of animal species, of flora and fauna … things that took five billion years to evolve and suddenly we will never see them again because of the interference of mankind.
“It filled me with dread. My trip to space was supposed to be a celebration. Instead, it felt like a funeral.”
Company%20profile
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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
More coverage from the Future Forum
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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
The specs
Price, base / as tested Dh12 million
Engine 8.0-litre quad-turbo, W16
Gearbox seven-speed dual clutch auto
Power 1479 @ 6,700rpm
Torque 1600Nm @ 2,000rpm 0-100kph: 2.6 seconds 0-200kph: 6.1 seconds
Top speed 420 kph (governed)
Fuel economy, combined 35.2L / 100km (est)
Dengue%20fever%20symptoms
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Red flags
- Promises of high, fixed or 'guaranteed' returns.
- Unregulated structured products or complex investments often used to bypass traditional safeguards.
- Lack of clear information, vague language, no access to audited financials.
- Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
- Hard-selling tactics - creating urgency, offering 'exclusive' deals.
Courtesy: Carol Glynn, founder of Conscious Finance Coaching
Key findings of Jenkins report
- Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
- Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
- Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
- Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."
David Haye record
Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4
The specs
Engine: Long-range single or dual motor with 200kW or 400kW battery
Transmission: Single-speed automatic
Max touring range: 620km / 590km
Price: From Dh250,000 (estimated)
Moon Music
Artist: Coldplay
Label: Parlophone/Atlantic
Number of tracks: 10
Rating: 3/5
Museum of the Future in numbers
- 78 metres is the height of the museum
- 30,000 square metres is its total area
- 17,000 square metres is the length of the stainless steel facade
- 14 kilometres is the length of LED lights used on the facade
- 1,024 individual pieces make up the exterior
- 7 floors in all, with one for administrative offices
- 2,400 diagonally intersecting steel members frame the torus shape
- 100 species of trees and plants dot the gardens
- Dh145 is the price of a ticket
Florida: The critical Sunshine State
Though mostly conservative, Florida is usually always “close” in presidential elections. In most elections, the candidate that wins the Sunshine State almost always wins the election, as evidenced in 2016 when Trump took Florida, a state which has not had a democratic governor since 1991.
Joe Biden’s campaign has spent $100 million there to turn things around, understandable given the state’s crucial 29 electoral votes.
In 2016, Mr Trump’s democratic rival Hillary Clinton paid frequent visits to Florida though analysts concluded that she failed to appeal towards middle-class voters, whom Barack Obama won over in the previous election.
UAE currency: the story behind the money in your pockets
Specs
Engine: Dual-motor all-wheel-drive electric
Range: Up to 610km
Power: 905hp
Torque: 985Nm
Price: From Dh439,000
Available: Now
Tuesday's fixtures
Kyrgyzstan v Qatar, 5.45pm
Company%20profile
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Labour dispute
The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.
- Abdullah Ishnaneh, Partner, BSA Law
Top goalscorers in Europe
34 goals - Robert Lewandowski (68 points)
34 - Ciro Immobile (68)
31 - Cristiano Ronaldo (62)
28 - Timo Werner (56)
25 - Lionel Messi (50)
*29 - Erling Haaland (50)
23 - Romelu Lukaku (46)
23 - Jamie Vardy (46)
*NOTE: Haaland's goals for Salzburg count for 1.5 points per goal. Goals for Dortmund count for two points per goal.
Company profile
Company name: Dharma
Date started: 2018
Founders: Charaf El Mansouri, Nisma Benani, Leah Howe
Based: Abu Dhabi
Sector: TravelTech
Funding stage: Pre-series A
Investors: Convivialite Ventures, BY Partners, Shorooq Partners, L& Ventures, Flat6Labs
What is a robo-adviser?
Robo-advisers use an online sign-up process to gauge an investor’s risk tolerance by feeding information such as their age, income, saving goals and investment history into an algorithm, which then assigns them an investment portfolio, ranging from more conservative to higher risk ones.
These portfolios are made up of exchange traded funds (ETFs) with exposure to indices such as US and global equities, fixed-income products like bonds, though exposure to real estate, commodity ETFs or gold is also possible.
Investing in ETFs allows robo-advisers to offer fees far lower than traditional investments, such as actively managed mutual funds bought through a bank or broker. Investors can buy ETFs directly via a brokerage, but with robo-advisers they benefit from investment portfolios matched to their risk tolerance as well as being user friendly.
Many robo-advisers charge what are called wrap fees, meaning there are no additional fees such as subscription or withdrawal fees, success fees or fees for rebalancing.
COMPANY%20PROFILE
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