• A statue in the Mobility Pavilion. Courtesy: Dubai Expo 2020
    A statue in the Mobility Pavilion. Courtesy: Dubai Expo 2020
  • The UAE pavilion with Al Wasl Plaza in the background seen from above at the Dubai Expo 2020 site. Courtesy: Dubai Expo 2020
    The UAE pavilion with Al Wasl Plaza in the background seen from above at the Dubai Expo 2020 site. Courtesy: Dubai Expo 2020
  • Al Wasl Plaza, seen behind new buildings at the Expo site. Dubai Expo 2020
    Al Wasl Plaza, seen behind new buildings at the Expo site. Dubai Expo 2020
  • The Sustainability Pavilion at Expo 2020 Dubai site. Courtesy: Dubai Expo 2020
    The Sustainability Pavilion at Expo 2020 Dubai site. Courtesy: Dubai Expo 2020
  • The Expo Entry Portal at the Sustainability District at Dubai Expo 2020 site. Courtesy: Dubai Expo 2020
    The Expo Entry Portal at the Sustainability District at Dubai Expo 2020 site. Courtesy: Dubai Expo 2020
  • The Children and Science Centre with Al Wasl Plaza in the background. Courtesy: Dubai Expo 2020
    The Children and Science Centre with Al Wasl Plaza in the background. Courtesy: Dubai Expo 2020
  • Al Wasl Plaza's dome, where the opening ceremony will be displayed next year. Courtesy: Dubai Expo 2020
    Al Wasl Plaza's dome, where the opening ceremony will be displayed next year. Courtesy: Dubai Expo 2020
  • Al Wasl Plaza, the centre of the expo site and where the opening and closing ceremonies will be held. Courtesy: Dubai Expo 2020
    Al Wasl Plaza, the centre of the expo site and where the opening and closing ceremonies will be held. Courtesy: Dubai Expo 2020
  • Inside the Mobility District at the expo site. Courtesy: Dubai Expo 2020
    Inside the Mobility District at the expo site. Courtesy: Dubai Expo 2020
  • Inside the Opportunity Pavilion at the expo site. Courtesy: Dubai Expo 2020
    Inside the Opportunity Pavilion at the expo site. Courtesy: Dubai Expo 2020
  • Inside the Opportunity Pavilion at the expo site. Courtesy: Dubai Expo 2020
    Inside the Opportunity Pavilion at the expo site. Courtesy: Dubai Expo 2020

Expo 2020 Dubai: country participants urged to join vaccination drive


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The steering committee of the Expo 2020 Dubai urged all participants to join its vaccination drive to curb the spread of the Covid-19 virus.

Last month, Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, announced free vaccinations for all expo participants and their staff.

"Health and safety is a pivotal part of the planning and operations for all world expos and the ongoing global pandemic has put this more sharply into focus,” said Manuel Salchli, chair of the Expo 2020 Steering Committee and Commissioner General for Switzerland at Expo 2020.

“It is very important that all official participants should benefit from the UAE’s generous offer to vaccinate their delegations and it is the collective responsibility of all the countries to support this initiative to ensure an enjoyable and safe expo for all participants."

Last Tuesday, delegates representing 173 countries and 24 international organisations participated in expo’s sixth international participants' meeting, which was held by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai.

The meeting was the final one ahead of the opening of expo later this year.

"The world is recovering ... and we are ready to welcome 190 countries to the world's greatest event,” Sheikh Mohammed tweeted.

Organisers of the expo had said they were also positive about welcoming millions, as more people around the world get inoculated.

"We are hopeful that in the next five months we are going to see a better and stronger overall picture," Reem Al Hashimy, director general of Expo 2020 Dubai Bureau and UAE Minister of State for International Co-operation, said in an interview.

“With a strong vaccination rollout in different parts [of the world] we are actually beginning to see finally the strong impact of vaccination and reduced ... prevalence of disease in society.”

While vaccination will be mandatory for the expo workforce, it is being encouraged, but not enforced, for visitors and tourists.

Ms Al Hashimy said testing would be in place for visitors at various stages.

Strong focus on space during the Expo 2020 Dubai - in pictures 

  • A space show will be held at Al Wasl Plaza during 'Space Week'. It is the world's largest 360-degree projection screen. Several country pavilions will highlight their achievements in space during the world fair, set to begin on October 1 2021. Courtesy: Dubai Expo 2020
    A space show will be held at Al Wasl Plaza during 'Space Week'. It is the world's largest 360-degree projection screen. Several country pavilions will highlight their achievements in space during the world fair, set to begin on October 1 2021. Courtesy: Dubai Expo 2020
  • A 'space drill' that will dig through the Martian soil will be on display at the Italian pavilion. Manufactured by Italian aerospace firm Leonardo, the drill will be launched in 2022 on board the Rosalind Franklin rover. Courtesy: Leonardo
    A 'space drill' that will dig through the Martian soil will be on display at the Italian pavilion. Manufactured by Italian aerospace firm Leonardo, the drill will be launched in 2022 on board the Rosalind Franklin rover. Courtesy: Leonardo
  • The Galileo atomic clock is used in the European Global Navigation Satellite System. Courtesy: Leonardo
    The Galileo atomic clock is used in the European Global Navigation Satellite System. Courtesy: Leonardo
  • The clock accumulates an error of one second every three million years. Courtesy: Leonardo
    The clock accumulates an error of one second every three million years. Courtesy: Leonardo
  • Space will be one of the themes of the US pavilion at Expo 2020 Dubai. Courtesy: USA Pavilion at Expo 2020
    Space will be one of the themes of the US pavilion at Expo 2020 Dubai. Courtesy: USA Pavilion at Expo 2020
  • Construction of the US pavilion at the World Fair in Dubai will be completed in November. Courtesy: USA Pavilion at Expo 2020
    Construction of the US pavilion at the World Fair in Dubai will be completed in November. Courtesy: USA Pavilion at Expo 2020
  • In 1970, the US displayed a 3.2 billion-year-old Moon rock brought back from the Apollo 12 mission at the Osaka Expo. Courtesy: Nasa
    In 1970, the US displayed a 3.2 billion-year-old Moon rock brought back from the Apollo 12 mission at the Osaka Expo. Courtesy: Nasa
  • Russia will also participate in the Space Week at Expo 2020 Dubai next year. The country has a long history in space exploration. Yuri Gagarin (pictured) was the first man to go to space. Courtesy: Roscosmos
    Russia will also participate in the Space Week at Expo 2020 Dubai next year. The country has a long history in space exploration. Yuri Gagarin (pictured) was the first man to go to space. Courtesy: Roscosmos
Dhadak

Director: Shashank Khaitan

Starring: Janhvi Kapoor, Ishaan Khattar, Ashutosh Rana

Stars: 3

Benefits of first-time home buyers' scheme
  • Priority access to new homes from participating developers
  • Discounts on sales price of off-plan units
  • Flexible payment plans from developers
  • Mortgages with better interest rates, faster approval times and reduced fees
  • DLD registration fee can be paid through banks or credit cards at zero interest rates
Winners

Ballon d’Or (Men’s)
Ousmane Dembélé (Paris Saint-Germain / France)

Ballon d’Or Féminin (Women’s)
Aitana Bonmatí (Barcelona / Spain)

Kopa Trophy (Best player under 21 – Men’s)
Lamine Yamal (Barcelona / Spain)

Best Young Women’s Player
Vicky López (Barcelona / Spain)

Yashin Trophy (Best Goalkeeper – Men’s)
Gianluigi Donnarumma (Paris Saint-Germain and Manchester City / Italy)

Best Women’s Goalkeeper
Hannah Hampton (England / Aston Villa and Chelsea)

Men’s Coach of the Year
Luis Enrique (Paris Saint-Germain)

Women’s Coach of the Year
Sarina Wiegman (England)

How to watch Ireland v Pakistan in UAE

When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.

Quick pearls of wisdom

Focus on gratitude: And do so deeply, he says. “Think of one to three things a day that you’re grateful for. It needs to be specific, too, don’t just say ‘air.’ Really think about it. If you’re grateful for, say, what your parents have done for you, that will motivate you to do more for the world.”

Know how to fight: Shetty married his wife, Radhi, three years ago (he met her in a meditation class before he went off and became a monk). He says they’ve had to learn to respect each other’s “fighting styles” – he’s a talk it-out-immediately person, while she needs space to think. “When you’re having an argument, remember, it’s not you against each other. It’s both of you against the problem. When you win, they lose. If you’re on a team you have to win together.” 

The six points:

1. Ministers should be in the field, instead of always at conferences

2. Foreign diplomacy must be left to the Ministry of Foreign Affairs and International Co-operation

3. Emiratisation is a top priority that will have a renewed push behind it

4. The UAE's economy must continue to thrive and grow

5. Complaints from the public must be addressed, not avoided

6. Have hope for the future, what is yet to come is bigger and better than before

ONCE UPON A TIME IN GAZA

Starring: Nader Abd Alhay, Majd Eid, Ramzi Maqdisi

Directors: Tarzan and Arab Nasser

Rating: 4.5/5

Three trading apps to try

Sharad Nair recommends three investment apps for UAE residents:

  • For beginners or people who want to start investing with limited capital, Mr Nair suggests eToro. “The low fees and low minimum balance requirements make the platform more accessible,” he says. “The user interface is straightforward to understand and operate, while its social element may help ease beginners into the idea of investing money by looking to a virtual community.”
  • If you’re an experienced investor, and have $10,000 or more to invest, consider Saxo Bank. “Saxo Bank offers a more comprehensive trading platform with advanced features and insight for more experienced users. It offers a more personalised approach to opening and operating an account on their platform,” he says.
  • Finally, StashAway could work for those who want a hands-off approach to their investing. “It removes one of the biggest challenges for novice traders: picking the securities in their portfolio,” Mr Nair says. “A goal-based approach or view towards investing can help motivate residents who may usually shy away from investment platforms.”
MATCH INFO

Uefa Champions League semi-finals, second leg:

Liverpool (0) v Barcelona (3), Tuesday, 11pm UAE

Game is on BeIN Sports

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