Noura Al Kaabi, UAE Minister of Culture and Youth, with Miguel Angel Moratinos, High Representative for the Alliance of Civilisations, left, and Morocco's Foreign Minister Nasser Bourita at the UN forum in Fez, Morocco. Photo: Ministry of Culture & Youth
Noura Al Kaabi, UAE Minister of Culture and Youth, with Miguel Angel Moratinos, High Representative for the Alliance of Civilisations, left, and Morocco's Foreign Minister Nasser Bourita at the UN forum in Fez, Morocco. Photo: Ministry of Culture & Youth
Noura Al Kaabi, UAE Minister of Culture and Youth, with Miguel Angel Moratinos, High Representative for the Alliance of Civilisations, left, and Morocco's Foreign Minister Nasser Bourita at the UN forum in Fez, Morocco. Photo: Ministry of Culture & Youth
Noura Al Kaabi, UAE Minister of Culture and Youth, with Miguel Angel Moratinos, High Representative for the Alliance of Civilisations, left, and Morocco's Foreign Minister Nasser Bourita at the UN for

UAE minister calls for action on climate, food and conflict at UN Morocco forum


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Noura Al Kaabi, UAE Minister of Culture and Youth, called for collective action to tackle climate change, food insecurity and conflict in her address to the United Nations Alliance of Civilisations Forum in Morocco.

“These crises are negatively affecting economies and societies globally, and need to be addressed urgently on a world scale with rapid and real action,” Ms Al Kaabi said of conflicts, climate change, food insecurity and water scarcity, which are compounded in the aftermath of the coronavirus pandemic.

“There must be real, serious and collective action to confront these issues. We need to find effective solutions to end the crises, and that’s what brings us here to this pivotal forum.”

Ms Al Kaabi said there was an “urgent need to forge human-centred policies focusing on humanity and improving the quality of life for everyone”.

The forum hosted member states of UNAOC and high-ranking officials from international organisations including Secretary-General of the United Nations, Antonio Guterres, and 40 ministers and heads of states.

Ms Al Kaabi highlighted the UAE's contribution to support tolerance, co-existence and peace in the past three years.

She mentioned the visit of Pope Francis and the Grand Imam of Al Azhar, Ahmed Al Tayeb, to Abu Dhabi to sign the Document on Human Fraternity, the creation of the Abrahamic Family House, which includes a mosque, a church and a synagogue, and bringing together more than 190 countries and organisations at Expo 2020 Dubai, with the vision for “connecting minds, creating the future”.

The UNAOC Forum adopted a declaration in the city of Fez, stating the member states’ commitment to achieve comprehensive goals, so that governments, with the support of civil society, can overcome challenges and progress towards co-existence within peaceful, inclusive and sustainable societies.

This would only be possible by promoting media and information literacy and propagating tolerance, respect and mutual understanding.

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Favourite colour: Brown

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Price: From Dh1 million

On sale: Q3 or Q4 2022 

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Key facilities
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  • Premier League-standard football pitch
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  • An elevated football field that doubles as a helipad
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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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Updated: November 23, 2022, 1:26 PM