• The Peru pavilion at Expo 2020 Dubai covers four floors. It has meeting spaces for doing business and a restaurant serving the country's cuisine. Photo: PromPeru
    The Peru pavilion at Expo 2020 Dubai covers four floors. It has meeting spaces for doing business and a restaurant serving the country's cuisine. Photo: PromPeru
  • The Peruvian pavilion is the second largest among Latin American countries and will be strategically located in the Expo’s ‘Mobility’ area. Photo: PromPeru
    The Peruvian pavilion is the second largest among Latin American countries and will be strategically located in the Expo’s ‘Mobility’ area. Photo: PromPeru
  • Peru has more than 3,000 types of potatoes, and its pavilion will showcase the country's food and culture. Photo: PromPeru
    Peru has more than 3,000 types of potatoes, and its pavilion will showcase the country's food and culture. Photo: PromPeru
  • Exhibits will also show the country's rich natural heritage. Photo: Jeff Cremer / Andean Trails
    Exhibits will also show the country's rich natural heritage. Photo: Jeff Cremer / Andean Trails

Peru pavilion to showcase its rich biological and cultural diversity at Expo 2020 Dubai


Georgia Tolley
  • English
  • Arabic

Read also: Expo 2020 Dubai - plan your visit with a month to go

With less than one month to go before the start of Expo 2020 Dubai, Peru has revealed a sneak peek of its colourful pavilion.

With a glowing exterior, immersive 4D virtual displays and a restaurant to promote its gastronomy, the Peruvians hope to highlight the country's rich biological and cultural diversity.

An interactive exhibition called 'Timeless Peru' will offer visitors a sensory experience of its historical and culinary legacy, and highlight a time centuries ago when Peruvians came up with solutions for drought and transformed arid areas into rich farmland.

The Peruvian pavilion is the second largest of the Latin American countries and will be located in the Expo’s ‘Mobility’ area.

The four-floor, 2,500 sq metre space includes rooms for conducting business.

The pavilion designers hope Peru's presence at the World Fair will encourage the growth of a sustainable and decentralised tourism industry in the country and boost foreign trade in produce, among other sectors.

Peru has 25 regions, encompassing the Andes mountain range, the Amazon rainforest and the Pacific coastline.

Famous sites include Machu Picchu, a 15th-century Incan city high in the Andes.

Expo 2020 Dubai opens on October 1 for a six-month stint, during which organisers expect 25 million visits from residents and tourists from around the world.

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Marathon results

Men:

 1. Titus Ekiru(KEN) 2:06:13 

2. Alphonce Simbu(TAN) 2:07:50 

3. Reuben Kipyego(KEN) 2:08:25 

4. Abel Kirui(KEN) 2:08:46 

5. Felix Kemutai(KEN) 2:10:48  

Women:

1. Judith Korir(KEN) 2:22:30 

2. Eunice Chumba(BHR) 2:26:01 

3. Immaculate Chemutai(UGA) 2:28:30 

4. Abebech Bekele(ETH) 2:29:43 

5. Aleksandra Morozova(RUS) 2:33:01  

BUNDESLIGA FIXTURES

Friday (UAE kick-off times)

Cologne v Hoffenheim (11.30pm)

Saturday

Hertha Berlin v RB Leipzig (6.30pm)

Schalke v Fortuna Dusseldof (6.30pm)

Mainz v Union Berlin (6.30pm)

Paderborn v Augsburg (6.30pm)

Bayern Munich v Borussia Dortmund (9.30pm)

Sunday

Borussia Monchengladbach v Werder Bremen (4.30pm)

Wolfsburg v Bayer Leverkusen (6.30pm)

SC Freiburg v Eintracht Frankfurt (9on)

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

if you go
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The 12 breakaway clubs

England

Arsenal, Chelsea, Liverpool, Manchester City, Manchester United, Tottenham Hotspur

Italy
AC Milan, Inter Milan, Juventus

Spain
Atletico Madrid, Barcelona, Real Madrid

Company Profile:

Name: The Protein Bakeshop

Date of start: 2013

Founders: Rashi Chowdhary and Saad Umerani

Based: Dubai

Size, number of employees: 12

Funding/investors:  $400,000 (2018) 

RIDE%20ON
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Updated: September 01, 2021, 9:47 AM