A message of support for Morocco was displayed on Abu Dhabi's Adnoc building. photo: Abu Dhabi Media Office
A message of support for Morocco was displayed on Abu Dhabi's Adnoc building. photo: Abu Dhabi Media Office
A message of support for Morocco was displayed on Abu Dhabi's Adnoc building. photo: Abu Dhabi Media Office
A message of support for Morocco was displayed on Abu Dhabi's Adnoc building. photo: Abu Dhabi Media Office

UAE landmarks light up in solidarity with earthquake-hit Morocco


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UAE landmarks lit up in the colours of the Moroccan flag on Sunday night in a display of solidarity after the deadly earthquake that rocked the country.

Dubai's Burj Khalifa and Adnoc's headquarters in Abu Dhabi delivered messages of support to the embattled nation after a 6.8-magnitude quake struck late on Friday, killing more than 2,000 people.

“From the UAE, our deepest condolences to the Moroccan people,” read a message displayed on the Adnoc building, in footage shared by Abu Dhabi Media Office.

“Our thoughts are with Morocco”.

The death toll was expected to rise on Monday.

The quake destroyed mountain villages and ancient cities across Morocco, forcing large numbers of people to flee their homes.

President Sheikh Mohamed pledged support for Morocco during a phone call on Sunday with King Mohammed VI.

He extended his condolences to the Moroccan people and the families of the victims, praying to God Almighty for mercy for the victims and a speedy recovery for the injured.

King Mohammed expressed his appreciation for the gesture.

On Saturday, Sheikh Mohamed ordered that relief be urgently sent to Morocco and directed the opening of an air bridge on to assist the country.

Meanwhile, Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, instructed the emirate's police rescue and ambulance teams to assist those working to find victims of the quake.

He also directed the Mohammed bin Rashid Global Initiatives Foundation and its affiliates to provide all relief needed by those affected, including food and shelter.

Morocco earthquake - in pictures

  • People react during the funeral of two victims of the deadly earthquake, in Moulay Brahim, Morocco. Reuters
    People react during the funeral of two victims of the deadly earthquake, in Moulay Brahim, Morocco. Reuters
  • Earthquake devastation in Douar El Darb village in Weguen municipality of El Haouz district. Photo: Ghaya Ben Mbarek / The National
    Earthquake devastation in Douar El Darb village in Weguen municipality of El Haouz district. Photo: Ghaya Ben Mbarek / The National
  • A man cries as he sits on the rubble of a house in the village of Tiksit, south of Adassil, two days after a devastating 6. 8-magnitude earthquake struck the country. Moroccans on September 10 mourned the victims of a devastating earthquake that killed more than 2,000 people as rescue teams raced to find survivors trapped under the rubble of flattened villages. AFP
    A man cries as he sits on the rubble of a house in the village of Tiksit, south of Adassil, two days after a devastating 6. 8-magnitude earthquake struck the country. Moroccans on September 10 mourned the victims of a devastating earthquake that killed more than 2,000 people as rescue teams raced to find survivors trapped under the rubble of flattened villages. AFP
  • A man distributes bread to locals, in Moulay Brahim, south of Marrakesh, Morocco, following a powerful earthquake. The earthquake has affected more than 300,000 people in Marrakesh and its outskirts, the UN Office for the Coordination of Humanitarian Affairs (OCHA) said. Morocco's King Mohammed VI declared a three-day national mourning for the victims of the earthquake. EPA
    A man distributes bread to locals, in Moulay Brahim, south of Marrakesh, Morocco, following a powerful earthquake. The earthquake has affected more than 300,000 people in Marrakesh and its outskirts, the UN Office for the Coordination of Humanitarian Affairs (OCHA) said. Morocco's King Mohammed VI declared a three-day national mourning for the victims of the earthquake. EPA
  • Villagers inspect the rubble of collapsed houses in Tafeghaghte, 60 kilometres (37 miles) southwest of Marrakesh, as rescue teams raced to find survivors. AFP
    Villagers inspect the rubble of collapsed houses in Tafeghaghte, 60 kilometres (37 miles) southwest of Marrakesh, as rescue teams raced to find survivors. AFP
  • Women cry as they mourn victims of the earthquake in Moulay Brahim in the province of Al Haouz, Morocco. AP Photo
    Women cry as they mourn victims of the earthquake in Moulay Brahim in the province of Al Haouz, Morocco. AP Photo
  • A man walks amongst the rubble of collapsed buildings following yesterday's earthquake, in Moulay Brahim, Morocco. Getty Images
    A man walks amongst the rubble of collapsed buildings following yesterday's earthquake, in Moulay Brahim, Morocco. Getty Images
  • Volunteers watch as a digger moves rubble of collapsed houses in Tafeghaghte, 60 kilometres (37 miles) southwest of Marrakesh. AFP
    Volunteers watch as a digger moves rubble of collapsed houses in Tafeghaghte, 60 kilometres (37 miles) southwest of Marrakesh. AFP
  • A man rides a bicycle past an earthquake-damaged building in the old quarters of Marrakesh. AFP
    A man rides a bicycle past an earthquake-damaged building in the old quarters of Marrakesh. AFP
  • Rescue workers dig through rubble after an earthquake in the mountain village of Tafeghaghte, southwest of the city of Marrakesh. AFP
    Rescue workers dig through rubble after an earthquake in the mountain village of Tafeghaghte, southwest of the city of Marrakesh. AFP
  • A woman carries belongings out of a damaged building in the aftermath of a deadly earthquake in Moulay Brahim, Morocco. Reuters
    A woman carries belongings out of a damaged building in the aftermath of a deadly earthquake in Moulay Brahim, Morocco. Reuters
  • A man stands next to damaged buildings and debris, in the aftermath of a deadly earthquake in Moulay Brahim, Morocco. Reuters
    A man stands next to damaged buildings and debris, in the aftermath of a deadly earthquake in Moulay Brahim, Morocco. Reuters
  • Foreign visitors to Morocco are evacuated from Marrakesh on a special Aegean Airlines flight following a powerful earthquake. Reuters
    Foreign visitors to Morocco are evacuated from Marrakesh on a special Aegean Airlines flight following a powerful earthquake. Reuters
  • People work to clear debris in the historic city of Marrakesh after a 6.8-magnitude earthquake in Morocco. Reuters
    People work to clear debris in the historic city of Marrakesh after a 6.8-magnitude earthquake in Morocco. Reuters
  • An injured man lies on the ground as he and his wife prepare to spend a second night in the open air in the village of Tansghart, Morocco. Reuters
    An injured man lies on the ground as he and his wife prepare to spend a second night in the open air in the village of Tansghart, Morocco. Reuters
  • The Eiffel Tower's lights are turned off in Paris as a tribute to the victims of the Morocco earthquake. Getty Images
    The Eiffel Tower's lights are turned off in Paris as a tribute to the victims of the Morocco earthquake. Getty Images
  • A damaged room in the village of Tansghart after a powerful earthquake in Morocco. Reuters
    A damaged room in the village of Tansghart after a powerful earthquake in Morocco. Reuters
  • Hundreds of people sleep outside on Jeema El Fna square in Marrakesh after a deadly earthquake hit Morocco. EPA
    Hundreds of people sleep outside on Jeema El Fna square in Marrakesh after a deadly earthquake hit Morocco. EPA
  • A person is rescued from under rubble and taken into an ambulance in Moulay Brahim village after an earthquake in Morocco that killed more than 2,000 people. Reuters
    A person is rescued from under rubble and taken into an ambulance in Moulay Brahim village after an earthquake in Morocco that killed more than 2,000 people. Reuters
  • A Moroccan man stands near his home in Al Haouz province, which was damaged during the quake. Reuters
    A Moroccan man stands near his home in Al Haouz province, which was damaged during the quake. Reuters
  • People sleep inside the Marrakesh airport waiting for a flight after the earthquake. EPA
    People sleep inside the Marrakesh airport waiting for a flight after the earthquake. EPA
  • People sit in a tent on Mohammed VI Avenue in Marrakesh. EPA
    People sit in a tent on Mohammed VI Avenue in Marrakesh. EPA
  • Many homes in Marrakesh were badly damaged during the magnitude 6.8 earthquake. EPA
    Many homes in Marrakesh were badly damaged during the magnitude 6.8 earthquake. EPA
  • A car lies damaged under fallen rubble from a nearby building in Marrakesh. Getty Images
    A car lies damaged under fallen rubble from a nearby building in Marrakesh. Getty Images
  • Moroccan Royal Armed Forces search through the rubble of houses after an earthquake in the mountain village of Tafeghaghte, south-west of the city of Marrakesh. AFP
    Moroccan Royal Armed Forces search through the rubble of houses after an earthquake in the mountain village of Tafeghaghte, south-west of the city of Marrakesh. AFP
  • A man rescues a donkey trapped under rubble after an earthquake in the mountain village of Tafeghaghte, south-west of the city of Marrakesh. AFP
    A man rescues a donkey trapped under rubble after an earthquake in the mountain village of Tafeghaghte, south-west of the city of Marrakesh. AFP
  • Rescue workers search for survivors in a collapsed house in Moulay Brahim, Al Haouz province, after an earthquake on Friday. AFP
    Rescue workers search for survivors in a collapsed house in Moulay Brahim, Al Haouz province, after an earthquake on Friday. AFP
  • The earthquake that hit central Morocco killed more than 2,000 people and injured more than 2,000 others, according to a provisional report from the country's Interior Ministry. EPA
    The earthquake that hit central Morocco killed more than 2,000 people and injured more than 2,000 others, according to a provisional report from the country's Interior Ministry. EPA
  • The earthquake, measuring magnitude 6.8 according to the USGS, damaged buildings from villages and towns in the Atlas Mountains to Marrakesh. EPA
    The earthquake, measuring magnitude 6.8 according to the USGS, damaged buildings from villages and towns in the Atlas Mountains to Marrakesh. EPA
  • People donate blood following a powerful earthquake in the historic city of Marrakesh. Reuters
    People donate blood following a powerful earthquake in the historic city of Marrakesh. Reuters
  • A man drives past a damaged wall of the historic Medina of Marrakesh. AP Photo
    A man drives past a damaged wall of the historic Medina of Marrakesh. AP Photo
  • People work next to damage in Marrakesh. Reuters
    People work next to damage in Marrakesh. Reuters
  • A woman reacts standing in front of her house damaged by an earthquake in the old city in Marrakesh. AFP
    A woman reacts standing in front of her house damaged by an earthquake in the old city in Marrakesh. AFP
  • A man walks with his belongings through the rubble in an alleyway in the earthquake-damaged old city in Marrakesh. AFP
    A man walks with his belongings through the rubble in an alleyway in the earthquake-damaged old city in Marrakesh. AFP
  • A damaged vehicle is pictured in the historic city of Marrakesh, following a powerful earthquake in Morocco on Friday. Reuters
    A damaged vehicle is pictured in the historic city of Marrakesh, following a powerful earthquake in Morocco on Friday. Reuters
  • A view shows damage at an old mosque in the historic city of Marrakesh. Reuters
    A view shows damage at an old mosque in the historic city of Marrakesh. Reuters
  • A view shows damage in Marrakesh. Reuters
    A view shows damage in Marrakesh. Reuters
  • Residents take shelter outside at a square following an earthquake in Marrakesh on Friday. AFP
    Residents take shelter outside at a square following an earthquake in Marrakesh on Friday. AFP
  • More than 2,000 people were killed after a powerful earthquake rattled Morocco on Friday night, with Marrakesh residents reporting "unbearable" screams after the 6.8-magnitude quake. AFP
    More than 2,000 people were killed after a powerful earthquake rattled Morocco on Friday night, with Marrakesh residents reporting "unbearable" screams after the 6.8-magnitude quake. AFP
  • Debris in the aftermath of an earthquake in Marrakesh. Reuters
    Debris in the aftermath of an earthquake in Marrakesh. Reuters
  • Employees of Morocco's National Institute of Geophysics in Rabat monitor earthquake developments on a screen. EPA
    Employees of Morocco's National Institute of Geophysics in Rabat monitor earthquake developments on a screen. EPA
  • Debris and wreckage in the streets of Marrakesh. Reuters
    Debris and wreckage in the streets of Marrakesh. Reuters
  • Earthquake damage in Morocco. Reuters
    Earthquake damage in Morocco. Reuters
  • In Casablanca, residents gather after Friday's earthquake. Reuters
    In Casablanca, residents gather after Friday's earthquake. Reuters
  • Damage to a building in Marrakesh in the aftermath of the earthquake. Reuters
    Damage to a building in Marrakesh in the aftermath of the earthquake. Reuters
The specs
Engine: 2.0-litre 4-cyl turbo

Power: 201hp at 5,200rpm

Torque: 320Nm at 1,750-4,000rpm

Transmission: 6-speed auto

Fuel consumption: 8.7L/100km

Price: Dh133,900

On sale: now 

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

Expo details

Expo 2020 Dubai will be the first World Expo to be held in the Middle East, Africa and South Asia

The world fair will run for six months from October 20, 2020 to April 10, 2021.

It is expected to attract 25 million visits

Some 70 per cent visitors are projected to come from outside the UAE, the largest proportion of international visitors in the 167-year history of World Expos.

More than 30,000 volunteers are required for Expo 2020

The site covers a total of 4.38 sqkm, including a 2 sqkm gated area

It is located adjacent to Al Maktoum International Airport in Dubai South

War 2

Director: Ayan Mukerji

Stars: Hrithik Roshan, NTR, Kiara Advani, Ashutosh Rana

Rating: 2/5

Skoda Superb Specs

Engine: 2-litre TSI petrol

Power: 190hp

Torque: 320Nm

Price: From Dh147,000

Available: Now

The specs

Engine: 2.0-litre 4cyl turbo

Power: 261hp at 5,500rpm

Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

Fuel consumption: 6.9L/100km

On sale: Now

Price: From Dh117,059

CHATGPT%20ENTERPRISE%20FEATURES
%3Cp%3E%E2%80%A2%20Enterprise-grade%20security%20and%20privacy%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Unlimited%20higher-speed%20GPT-4%20access%20with%20no%20caps%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Longer%20context%20windows%20for%20processing%20longer%20inputs%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Advanced%20data%20analysis%20capabilities%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Customisation%20options%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Shareable%20chat%20templates%20that%20companies%20can%20use%20to%20collaborate%20and%20build%20common%20workflows%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Analytics%20dashboard%20for%20usage%20insights%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Free%20credits%20to%20use%20OpenAI%20APIs%20to%20extend%20OpenAI%20into%20a%20fully-custom%20solution%20for%20enterprises%3C%2Fp%3E%0A
Mina Cup winners

Under 12 – Minerva Academy

Under 14 – Unam Pumas

Under 16 – Fursan Hispania

Under 18 – Madenat

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.”

Pakistanis%20at%20the%20ILT20%20
%3Cp%3EThe%20new%20UAE%20league%20has%20been%20boosted%20this%20season%20by%20the%20arrival%20of%20five%20Pakistanis%2C%20who%20were%20not%20released%20to%20play%20last%20year.%20%0D%3Cbr%3E%0D%0D%0D%3Cbr%3E%3Cstrong%3EShaheen%20Afridi%20(Desert%20Vipers)%20%3C%2Fstrong%3E%0D%3Cbr%3ESet%20for%20at%20least%20four%20matches%2C%20having%20arrived%20from%20New%20Zealand%20where%20he%20captained%20Pakistan%20in%20a%20series%20loss.%20%0D%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EShadab%20Khan%20(Desert%20Vipers)%20%3C%2Fstrong%3E%0D%3Cbr%3E%0DThe%20leg-spin%20bowling%20allrounder%20missed%20the%20tour%20of%20New%20Zealand%20after%20injuring%20an%20ankle%20when%20stepping%20on%20a%20ball.%20%0D%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EAzam%20Khan%20(Desert%20Vipers)%20%3C%2Fstrong%3E%0D%3Cbr%3EPowerhouse%20wicketkeeper%20played%20three%20games%20for%20Pakistan%20on%20tour%20in%20New%20Zealand.%20He%20was%20the%20first%20Pakistani%20recruited%20to%20the%20ILT20.%20%0D%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMohammed%20Amir%20(Desert%20Vipers)%20%3C%2Fstrong%3E%0D%3Cbr%3EHas%20made%20himself%20unavailable%20for%20national%20duty%2C%20meaning%20he%20will%20be%20available%20for%20the%20entire%20ILT20%20campaign.%20%0D%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EImad%20Wasim%20(Abu%20Dhabi%20Knight%20Riders)%20%3C%2Fstrong%3E%0D%3Cbr%3EThe%20left-handed%20allrounder%2C%2035%2C%20retired%20from%20international%20cricket%20in%20November%20and%20was%20subsequently%20recruited%20by%20the%20Knight%20Riders.%26nbsp%3B%3C%2Fp%3E%0A
Singham Again

Director: Rohit Shetty

Stars: Ajay Devgn, Kareena Kapoor Khan, Ranveer Singh, Akshay Kumar, Tiger Shroff, Deepika Padukone

Rating: 3/5

Points Classification after Stage 1

1. Geraint Thomas (Britain / Team Sky) 20

2. Stefan Kueng (Switzerland / BMC Racing) 17

3. Vasil Kiryienka (Belarus / Team Sky) 15

4. Tony Martin (Germany / Katusha) 13

5. Matteo Trentin (Italy / Quick-Step) 11

6. Chris Froome (Britain / Team Sky) 10

7. Jos van Emden (Netherlands / LottoNL) 9

8. Michal Kwiatkowski (Poland / Team Sky) 8

9. Marcel Kittel (Germany / Quick-Step) 7

10. Edvald Boasson Hagen (Norway / Dimension Data) 6

Updated: September 11, 2023, 9:15 AM