Stretching from Al Sila, on the border between Abu Dhabi and Saudi Arabia, and ending in Ras Al Khaimah, the UAE’s longest road is 558.4 kilometres.
In Dubai, it is known as the Sheikh Zayed Road. For Abu Dhabi, large sections are the Sheikh Maktoum bin Rashid Road, while south of the capital to the Saudi border it is the Sheikh Khalifa International Highway. In Ras Al Khaimah it becomes the Sheikh Muhammad bin Salem Road.
Along its entire length, though, it is designated the E11, marked by distinctive signs with white background and a solid blue falcon shield, the number 11 and the capital letter “E” on the top right, with the Arabic equivalent on the left.
So much for the description. But what does the “E” mean, and what does the number 11 stand for?
To navigate this complex and sometimes confusing system, there is help from document TR-538 issued by the Abu Dhabi Department of Transport in 2018.
Route Number System Policy and Procedures is a comprehensive guide to pretty much everything you need to know about roads in the UAE.
The E Route system — the E stands for Emirates — was adopted in 1995 “representing nationally and internationally significant high-speed roads within the UAE”.
They are defined as having “limited or controlled access”, a minimum width to accommodate at least a dual carriageway, and a “speed limit of 100 kilometres an hour or higher.”
There are two categories of E road: primary and secondary. Primary E roads “should be two digits” and, across the UAE, range in number from E10 to E99.
The guide adds that “even-numbered routes generally travel east-west or in parallel with the Arabian Gulf Coast, and should be generally numbered downward from the Gulf inland”.
Odd-numbered roads “generally travel north-south or perpendicular to the Arabian Gulf Coast, generally numbered upward from west to east”. The E11 is one of these.
Three-digit roads are “bypass routes which start and finish at different points along a Primary E-route”.
So, the first number is unique to the road, while the second two indicate the primary route being bypassed. The E611 in Dubai, also known as Emirates Road, is an example.
The lowest odd-numbered E road is the E11, and the lowest even-numbered one is the E10, a short spur road from Shahama to the city of Abu Dhabi.
All the roads beginning with the number 1 connect to the E11. So, it might help to think of E11 as E1.1.
The E10 is 0 — with the sequence running through the E12, connecting the city through Yas and Saadiyat islands, the E16, which begins at the E11 at Al Rahba, and the E18 in RAK.
Other roads are numbered in sequence, from the E20 that passes Sweihan, through to the E99 in Fujairah.
However, the document admits that “actual E-route numbering practices frequently differ for various reasons”.
For example, the odd and even numbers rule is not always followed — particularly in Abu Dhabi — in part because the coastline south of the city switches from north-south to east-west.
Aside from the E-system of motorways, each emirate has local roads.
In Abu Dhabi, these are designated AD roads, and in Dubai, they are D roads. The numbering system of these is equally complex. For example, in Abu Dhabi, roads more than 20km should end in the number 5 if they run east-west and 0 for north-south.
One last thing. In 2001, a UN agreement created the Arab Mashreq International Road Network.
These are routes which connect across international borders to create a network of “M” roads using existing motorways.
The M5, for example, connects northern Iraq through Baghdad and Mosul, to Kuwait, Saudi Arabia, the UAE through Abu Dhabi, Dubai and Kalba in Sharjah, before ending in Salalah in Oman.
This agreement calls on these roads to be signposted with the letter M and the road number in blue on a white background.
The E11 in Abu Dhabi is, therefore, also the Sheikh Rashid bin Maktoum Road, the Sheikh Khalifa International Highway and the M5.
Perhaps fortunately for the already confused motorists of the UAE, this has yet to be implemented.
A version of this article was first published on July 19, 2022
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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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
Company profile
Company: Eighty6
Date started: October 2021
Founders: Abdul Kader Saadi and Anwar Nusseibeh
Based: Dubai, UAE
Sector: Hospitality
Size: 25 employees
Funding stage: Pre-series A
Investment: $1 million
Investors: Seed funding, angel investors
GCC-UK%20Growth
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- Project manager: Dh55,000 to Dh65,000
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Company%20profile
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SPECS
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The President's Cake
Director: Hasan Hadi
Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem
Rating: 4/5