AL AIN // Ground-shaking military jets, graceful team formations and daring parachutists delighted the crowds on the opening day of the revamped Al Ain Air Championship.
“The skill level is beyond imagination, these are really clever people,” said Al Ain resident Ian Rogers. “All of these people performing today, their experience is second to none.”
The three-day event kicked off on Thursday, with the first performers trying to win the hearts and minds of a panel of judges and the crowd, to become the competition’s first champion.
Among the first day’s performers, Mr Rogers said the performance by the seven members of the aerobatic team Saudi Hawks and a solo effort by UK stunt pilot Richard Goodwin were top of his list.
Performances on Thursday included the Belgian Bronco, a turboprop from the Royal Bavarian Air Force, F16 and Mirage military jets, the US Misty Blues skydiving team, and the Breitling Wingwalkers.
And a late afternoon performance by Al Fursan, the aerobatic team of the UAE Air Force, painted the skies above Al Ain with the country’s national colours.
Teams from around the world competing for the first championship trophy are being judged on power, grace, national pride and wow factor.
Also up for grabs were a number of watches from Breitling, based on performances in each category.
On a visit from Germany, Hans-Rudolf Bork found himself at the show after arriving in the UAE for a week-long holiday.
After growing up near a small airport in the German city of Kiel, he said he attended an annual air show, spurring his interest in the world of aviation.
“It was nothing compared with what they’ve organised here,” he said. “I didn’t know there was such a big show going on. I’m very much impressed with what’s going on here.”
As for naming his choice, he said that was too difficult.
“I don’t have a special favourite, they are all so different so it’s hard to compare,” he said.
While delighted by the planes, Abhilash Thankappan – who travelled to the show with family and friends – said his favourite performance was by the Glider FX Aerobatics team from the United Kingdom, which performed a series of rolls, loops, and tumbles while accompanied by a parachutist.
“It was fantastic,” he said. “The family was very excited to see it as well.”
Hala Appie, who is originally from Zimbabwe, took her two children to see their first airshow, and was particularly excited by the military jets, which included a deafening performance by an Air Force F16 and Mirage jet.
“It’s good. I want to see how they do their thing,” she said. “I’m going to take a good look at them and also watch the different shows that all the pilots will be doing.”
After one day of competition, the Breitling Wingwalkers were announced by organisers as the front-runners in the competition.
In addition to the aerial acts, visitors were treated to some action at ground level, with drifting demonstrations, where drivers deliberately oversteer their cars yet maintain control through bends.
The aerial competition continues until tomorrow with performances throughout the day by all teams, followed by night-time entertainment.
The champion of the event is expected to be crowned on Saturday during a gala dinner.
esamoglou@thenational.ae
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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
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