ABU DHABI // It’s been a while since I’ve come back from what I call my lifetime experience. Hovering across different locations with Solar Impulse, to promote and demonstrate the far reach of renewable energy while carrying the torch of innovation in the 21st century.
During my travels, I was exposed to aspects that weren’t immediately apparent to me. I didn’t connect the dots to form that bigger picture. Gradually during the trip, and as I gained more exposure to the industry, it allowed me to join these dots together and create a renewable energy map that sums up my Solar Impulse expedition.
Why take off from Abu Dhabi? Well, there must be a compelling reason other than sunlight?” I get asked this question a lot. Abu Dhabi is home to Masdar, an organization that is a 10 years “young”, yet their expertise, accomplishments, vision and, most importantly people, is what makes this company exceptional.
After my return, breathing renewable energy, I got a thing for Masdar.
Masdar has proven its accomplishments with projects spanning across the seas, from the UK, to Seychelles and diving into the Pacific Islands. Within the Masdar cluster is Masdar City, the heart of clean energy and innovation, harboring Masdar Institute, with 06 US patents, and IRENA.
Therefore, I’m pinning Abu Dhabi as the hub of renewable energy.
The next continental stop on the Solar Impulse journey was India.
India was looking forward for the arrival of Solar Impulse. The interest garnered from the officials, townspeople and visitors was never seen in any other destination. Students on the other hand, were the ones stirring up unexpected questions—so unexpected, engineers had to step in and respond.
In recent years, India harvested their own technologies and set ambitious goals. A few examples would be aiming to have a fully-fledged airport functioning solely on solar energy, and luring in billions of foreign renewable energy investments. They’ve also launched plans to develop a solar train, inspired by Solar Impulse, a ripple effect of innovation beyond borders. This on its own marks India as a strong endorser of renewable energy
Crossing over to the Far East, China was expecting us.
The world is where it is due to the strides China has taken on the global agenda of renewable energy’s efforts. Over the past 20 years, China has proven itself as an engine of mass production for a wide range of merchandise - solar panels and wind turbines are no exception to that.
I myself am amazed to these efforts, which made this technology financially viable and, more importantly, accessible.
China has a vital role in the global supply chain of the renewable energy industry and I believe it will continue to do so for the years to come. Hence why I have pinned the Far East as the mass producer and facilitator of affordable renewable energy, on both a consumer and corporate front.
And finally, we arrived at the pinnacle of our journey, crossing the Pacific ocean, and landing in Hawaii.
This last part of the journey was extremely stressful for the team. I wish I could voice out the pilot’s feelings for those five days however, legendary feats are best described by legends.
Hawaii was beyond what I imagined. The government’s endorsement for green technology is second to none, aiming to be 100% renewable by 2045. I can’t recall passing a town and not finding at least a couple of houses with rooftop solar installation. Their tax incentives supporting the cause to go green is a model to be followed.
The townsfolk were also advocates of green energy. When speaking to a local, I quote: “Oh you work for the solar plane? I dig the whole green energy stuff”.
Hawaii was the perfect temporary stop to my map. In my opinion, it was the golden medal for the realization of technologies and innovative application of renewable energy.
What’s next? Climate change negotiations are coming up in December in France, which I’m very privileged to be a part of. I look forward to COP21 and much more to the international agreements that will come to be.
newsdesk@thenational.ae
Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
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
How to wear a kandura
Dos
- Wear the right fabric for the right season and occasion
- Always ask for the dress code if you don’t know
- Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work
- Wear 100 per cent cotton under the kandura as most fabrics are polyester
Don’ts
- Wear hamdania for work, always wear a ghutra and agal
- Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying
What are the main cyber security threats?
Cyber crime - This includes fraud, impersonation, scams and deepfake technology, tactics that are increasingly targeting infrastructure and exploiting human vulnerabilities.
Cyber terrorism - Social media platforms are used to spread radical ideologies, misinformation and disinformation, often with the aim of disrupting critical infrastructure such as power grids.
Cyber warfare - Shaped by geopolitical tension, hostile actors seek to infiltrate and compromise national infrastructure, using one country’s systems as a springboard to launch attacks on others.
Killing of Qassem Suleimani
Tamkeen's offering
- Option 1: 70% in year 1, 50% in year 2, 30% in year 3
- Option 2: 50% across three years
- Option 3: 30% across five years
The National Archives, Abu Dhabi
Founded over 50 years ago, the National Archives collects valuable historical material relating to the UAE, and is the oldest and richest archive relating to the Arabian Gulf.
Much of the material can be viewed on line at the Arabian Gulf Digital Archive - https://www.agda.ae/en
South and West: From a Notebook
Joan Didion
Fourth Estate
UAE currency: the story behind the money in your pockets
Greatest Royal Rumble results
John Cena pinned Triple H in a singles match
Cedric Alexander retained the WWE Cruiserweight title against Kalisto
Matt Hardy and Bray Wyatt win the Raw Tag Team titles against Cesaro and Sheamus
Jeff Hardy retained the United States title against Jinder Mahal
Bludgeon Brothers retain the SmackDown Tag Team titles against the Usos
Seth Rollins retains the Intercontinental title against The Miz, Finn Balor and Samoa Joe
AJ Styles remains WWE World Heavyweight champion after he and Shinsuke Nakamura are both counted out
The Undertaker beats Rusev in a casket match
Brock Lesnar retains the WWE Universal title against Roman Reigns in a steel cage match
Braun Strowman won the 50-man Royal Rumble by eliminating Big Cass last
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Sole survivors
- Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
- George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
- Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
- Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.
What is tokenisation?
Tokenisation refers to the issuance of a blockchain token, which represents a virtually tradable real, tangible asset. A tokenised asset is easily transferable, offers good liquidity, returns and is easily traded on the secondary markets.
Company%C2%A0profile
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Sunday:
GP3 race: 12:10pm
Formula 2 race: 1:35pm
Formula 1 race: 5:10pm
Performance: Guns N' Roses
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MWTC
Tickets start from Dh100 for adults and are now on sale at www.ticketmaster.ae and Virgin Megastores across the UAE. Three-day and travel packages are also available at 20 per cent discount.
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How to volunteer
The UAE volunteers campaign can be reached at www.volunteers.ae , or by calling 800-VOLAE (80086523), or emailing info@volunteers.ae.
Cry Macho
Director: Clint Eastwood
Stars: Clint Eastwood, Dwight Yoakam
Rating:**