Follow the latest updates on Expo 2020 Dubai here
Countries across the Middle East must put aside their differences to tackle the climate crisis, according to Israel’s Minister of Environmental Protection.
Tamar Zandberg made the comments at her country’s pavilion at Expo 2020 Dubai on Monday evening, during Expo's Climate and Biodiversity week.
The expo is the perfect opportunity to launch new relationships with new friends
Tamar Zandberg,
Israel’s Minister of Environmental Protection
She said climate change would impact countries in the region more than elsewhere, in particular when it came to water shortages.
“I would like to take this opportunity to call on all of the countries of the region, not just those with formal agreements, to use the expo as a springboard for advanced co-operation,” said Ms Zandberg.
“The expo is the perfect opportunity to launch new relationships with new friends.”
She pointed to the success of the Abraham Accords as an example of how countries in the region could work together for mutual benefit.
The UAE, Israel and Bahrain only signed the treaties a little more than a year ago but Ms Zandberg did not rule out similar agreements with other nations in the region.
“I think the potential is huge as we have a significant Jewish and Arabic population in Israel and we want to interact with our friends across the Middle East,” she said.
Israel's pavilion at Expo 2020 Dubai
While Israel’s participation in the world’s fair in Dubai was confirmed long before the historic agreement was reached with the UAE, the success of the deal meant its presence on site was amplified, said the Israeli minister.
“It was initially meant to be more low-key,” she said.
The Covid-19 pandemic has also illustrated the benefits of neighbouring countries working together, according to Ms Zandberg.
“There is much in common between the fight against Covid-19 and climate change,” she said.
“Both were science-based crises, both require global co-operation and both have devastating outcomes.”
The challenges facing the Middle East should be a catalyst for co-operation, she said.
A recent report from Unicef said nine out of 10 children in the Middle East and North Africa live in areas of high or extreme water stress.
The same report said 11 out of the 17 most water-stressed countries in the world were located in the Mena region.
The first week of Expo 2020 Dubai has a climate and biodiversity theme, with a series of panel discussions and minister-led events focusing on how countries can work together to better manage climate change.
A celebration of Ukraine
Elsewhere at the world's fair, day four was dedicated to Ukraine, and the country celebrated its honour day with a flag-raising ceremony and the playing of its national anthem at Al Wasl Plaza.
Each country participating in Expo 2020 Dubai will be able to celebrate their national day — or an honour day — during the six-month event.
Following the official speeches, traditional musicians provided entertainment for the audience at the plaza, while entrepreneurs and industry leaders gathered at Expo's Business Connect Centre to discuss partnership and trade opportunities in Ukraine.
The three-zoned Ukrainian pavilion is designed to encourage visitors to live, think and feel smart, and focuses on sustainable development in an innovative and mobile society.
Meanwhile, Sheikha Latifa bint Mohammed, chairwoman of the Dubai Culture and Arts Authority, visited the UAE pavilion at Expo.
She was given a tour of the striking building by Noura Al Kaabi, Minister of Culture and Youth and commissioner general of the UAE pavilion.
Exhibits include a striking sandscape, a gallery of global dreamers who built their lives in the UAE, and a futuristic glimpse into the future.
Mira Singh, the young star of the Expo 2020 Dubai opening ceremony, who is only 11, has seen her dreams come true since the spectacular show on Thursday.
“I am speechless. My life has changed a lot since the opening ceremony,” she told The National. “I didn’t think it would be so big and the fame would be like ‘wow’.
“I’ve been receiving a lot of offers, projects and commercials. I’ve also got the UAE National Day 50th celebrations so I might be doing that too.”
Born in Dubai to an Indian father and a Belarusian mother, Mira, who has been modelling since she was 6, has also seen her popularity rise on social media. Her Instagram account, which had a little more than 1,000 followers before the Expo ceremony, now boasts more than 10,000.
But Mira said she was “really nervous” before the show began on Thursday.
“There were so many famous and important people and I didn’t want to let anyone down,” she said. “But I was also very excited because I really love performing on stage.”
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Start times
5.55am: Wheelchair Marathon Elites
6am: Marathon Elites
7am: Marathon Masses
9am: 10Km Road Race
11am: 4Km Fun Run
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Desert Warrior
Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley
Director: Rupert Wyatt
Rating: 3/5
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How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
Calls
Directed by: Fede Alvarez
Starring: Pedro Pascal, Karen Gillian, Aaron Taylor-Johnson
4/5
A cryptocurrency primer for beginners
Cryptocurrency Investing for Dummies – by Kiana Danial
There are several primers for investing in cryptocurrencies available online, including e-books written by people whose credentials fall apart on the second page of your preferred search engine.
Ms Danial is a finance coach and former currency analyst who writes for Nasdaq. Her broad-strokes primer (2019) breaks down investing in cryptocurrency into baby steps, while explaining the terms and technologies involved.
Although cryptocurrencies are a fast evolving world, this book offers a good insight into the game as well as providing some basic tips, strategies and warning signs.
Begin your cryptocurrency journey here.
Available at Magrudy’s , Dh104
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
Financial considerations before buying a property
Buyers should try to pay as much in cash as possible for a property, limiting the mortgage value to as little as they can afford. This means they not only pay less in interest but their monthly costs are also reduced. Ideally, the monthly mortgage payment should not exceed 20 per cent of the purchaser’s total household income, says Carol Glynn, founder of Conscious Finance Coaching.
“If it’s a rental property, plan for the property to have periods when it does not have a tenant. Ensure you have enough cash set aside to pay the mortgage and other costs during these periods, ideally at least six months,” she says.
Also, shop around for the best mortgage interest rate. Understand the terms and conditions, especially what happens after any introductory periods, Ms Glynn adds.
Using a good mortgage broker is worth the investment to obtain the best rate available for a buyer’s needs and circumstances. A good mortgage broker will help the buyer understand the terms and conditions of the mortgage and make the purchasing process efficient and easier.
EMERGENCY PHONE NUMBERS
Estijaba – 8001717 – number to call to request coronavirus testing
Ministry of Health and Prevention – 80011111
Dubai Health Authority – 800342 – The number to book a free video or voice consultation with a doctor or connect to a local health centre
Emirates airline – 600555555
Etihad Airways – 600555666
Ambulance – 998
Knowledge and Human Development Authority – 8005432 ext. 4 for Covid-19 queries
The specs: 2018 Nissan 370Z Nismo
The specs: 2018 Nissan 370Z Nismo
Price, base / as tested: Dh182,178
Engine: 3.7-litre V6
Power: 350hp @ 7,400rpm
Torque: 374Nm @ 5,200rpm
Transmission: Seven-speed automatic
Fuel consumption, combined: 10.5L / 100km
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The candidates
Dr Ayham Ammora, scientist and business executive
Ali Azeem, business leader
Tony Booth, professor of education
Lord Browne, former BP chief executive
Dr Mohamed El-Erian, economist
Professor Wyn Evans, astrophysicist
Dr Mark Mann, scientist
Gina MIller, anti-Brexit campaigner
Lord Smith, former Cabinet minister
Sandi Toksvig, broadcaster
Jawan
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MATCH INFO
Real Madrid 2 (Benzema 13', Kroos 28')
Barcelona 1 (Mingueza 60')
Red card: Casemiro (Real Madrid)
The biog
Name: Atheja Ali Busaibah
Date of birth: 15 November, 1951
Favourite books: Ihsan Abdel Quddous books, such as “The Sun will Never Set”
Hobbies: Reading and writing poetry