Fireworks at Burj Khalifa to usher in the New Year. People were also privy to a light show, made up of tens of thousands of LED panels wrapped around the tower. Jeffrey E Biteng / The National
Fireworks at Burj Khalifa to usher in the New Year. People were also privy to a light show, made up of tens of thousands of LED panels wrapped around the tower. Jeffrey E Biteng / The National
Fireworks at Burj Khalifa to usher in the New Year. People were also privy to a light show, made up of tens of thousands of LED panels wrapped around the tower. Jeffrey E Biteng / The National
Fireworks at Burj Khalifa to usher in the New Year. People were also privy to a light show, made up of tens of thousands of LED panels wrapped around the tower. Jeffrey E Biteng / The National

Burj Khalifa lights up as part of Dubai New Year’s Eve celebrations


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DUBAI // The emirate put on yet another spectacular fireworks display on New Year’s Eve as more than one and a half million people were estimated to have gathered around Burj Khalifa to ring in 2015.

With a six-part firework, laser and record-breaking LED show, the emirate’s downtown area and the world’s tallest building were transformed into one of the brightest illuminations yet seen.

Hundreds of thousands of tourists gathered in Dubai last night to witness the New Year’s Eve fireworks.

Robert Ronaldo, 44, and his mother Maria Callmann, 70, flew from Brazil to watch the Burj Al Arab pyrotechnics.

“We flew 15 hours for the New Year celebrations,” Mr Ronaldo said. “We’ve seen them on television, and although we have great celebrations for the new year in Brazil, they only last about 10 minutes.

“We heard it’s more than 20 or 30 minutes here, so we are really looking forward to them.”

The mother and son spent yesterday on the public beach near Burj Al Arab to save a spot with the best view of the fireworks.

“Hopefully, there won’t be too much traffic to get back to Media City once we are done,” Mrs Callmann said.

“Dubai is such a wonderful place. I’m now considering buying a property here.”

Dr Mohanlal Garg from Singapore was enjoying his first New Year’s Eve celebrations in the emirate yesterday.

“We have heard a lot about these fireworks and we flew all the way from Singapore to see them,” he said. “We were very excited.”

Dr Garg and his son-in-law, Sumit Sharma, watched the fireworks in the vicinity of the Burj Khalifa.

“This is my 25th visit to Dubai for the new year,” said Mr Sharma.

“Our hotel warned us about traffic congestion but we were looking forward to watching the fireworks so much.”

American Lisa Anthony arrived in Dubai with her 12-year-old daughter from Atlanta, Georgia last week.

“I was really looking forward to the fireworks, which were spectacular,” she said.

“The environment is quite different to what we have back home and it’s just lovely to be here.”

Kimberly Mahmud, a Dubai resident for the past seven years, debated whether to watch the fireworks from a rooftop in Al Barsha or in the Al Furjan villa area.

“People last year got stuck for over nine hours trying to get home,” she said.

“But we lived in the marina for a while and we’ve always been right there in the middle of it. We know the fireworks are amazing, energetic and they certainly represent the transition to the new year, so everybody was excited.”

Jordanian Bashar Hammoudeh, 28, flew from Amman to watch the fireworks at Burj Khalifa.

“I decided to spend New Year’s Eve in Dubai mainly because my friends from all around the world – Hong Kong, Singapore and Greece – had decided to meet here due to the city’s strategic location and the many friends we have living there,” he said.

“Dubai has always been a leader in creating breathtaking countdown moments and firework shows during New Year’s Eve, so I just had to scratch that off my bucket list.”

Sreejesh C V, a 33-year-old Indian resident of Sharjah, said he had planned to see the fireworks from the Burj Khalifa area but decided to stay in Zabeel Park because of the traffic congestion.

“All my friends and I wanted to go there but as we were all working in Karama until the evening, by 6pm the traffic was already really bad,” he said.

Amritesh Pratap Singh, 28, agreed. “Our aim was to reach Zabeel Park by 11pm to have a look at the fireworks,” he said.

“It’s my first year in Dubai and I find the fireworks to be fascinating. I had heard so much about them. It was an exciting thing to see and it attracted people from all around the world.”

Although Jordanian Khadija Massoud spent the whole of yesterday in Zabeel Park with her four children, she watched the fireworks from Al Barsha.

“We had a perfect view of Burj Al Arab,” she said.

“The kids enjoyed watching the fireworks. It was amazing.”

Last year, an estimated 1.7 million people went to the Downtown area for new year’s eve.

cmalek@thenational.ae

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

MATCH INFO

Uefa Champions League semi-final, first leg
Bayern Munich v Real Madrid

When: April 25, 10.45pm kick-off (UAE)
Where: Allianz Arena, Munich
Live: BeIN Sports HD
Second leg: May 1, Santiago Bernabeu, Madrid

Section 375

Cast: Akshaye Khanna, Richa Chadha, Meera Chopra & Rahul Bhat

Director: Ajay Bahl

Producers: Kumar Mangat Pathak, Abhishek Pathak & SCIPL

Rating: 3.5/5