An Emirati woman casts her vote during a previous FNC election. Jaime Puebla / The National
An Emirati woman casts her vote during a previous FNC election. Jaime Puebla / The National
An Emirati woman casts her vote during a previous FNC election. Jaime Puebla / The National
An Emirati woman casts her vote during a previous FNC election. Jaime Puebla / The National

UAE begins local election process ahead of October poll


Salam Al Amir
  • English
  • Arabic

Emiratis are staking their claim to stand as candidates in October's Federal National Council elections.

Nominations are being accepted in person at nine registration centres until Friday.

On its first day, the FNC received 162 applications, of which 58 were submitted in Abu Dhabi, 23 in Dubai, 29 in Sharjah, 12 in Ajman, 12 in Umm Al Quwain, 19 in Ras Al Khaimah and nine in Fujairah.

The FNC, the UAE's consultative parliament, seeks to scrutinise decision-making in the Emirates, hold ministers to account and give a voice to the public.

Council members are drawn from all seven emirates and represent the views and concerns of their electorate on important local issues.

How does the nomination process work?

Those hoping for a position on the council must meet certain criteria.

Potential candidates must be Emirati and a permanent resident of the emirate they hope to represent.

They must be at least 25-years-old at the closing of the nomination.

Nominees must also have a good reputation and not have been convicted of any criminal offence, the only exceptions being for “those whose reputations have been restored in the eyes of the law”.

Anyone whose name is listed in the electoral entities' lists is required to submit a nomination request through the link available on the committee's website, www.uaenec.ae.

Registration can also be done through the National Election Committee – uaenec app, which is available on Apple Store and Google Play.

The nomination process opened at 8am on Monday and will continue until 4pm on Friday. Registration centres can also receive nomination requests during the same period.

There is a registration fee of Dh3,000.

The preliminary list of candidates will be announced on Friday, August 25, and the final list will be announced on Saturday, September 2.

  • Sheikh Zayed, the Founding Father, shakes hands with the members of the Federal National Council after opening the First Ordinary Session of the 7th Legislative Chapter at the Cultural Foundation in January 1988. Photo: FNC
    Sheikh Zayed, the Founding Father, shakes hands with the members of the Federal National Council after opening the First Ordinary Session of the 7th Legislative Chapter at the Cultural Foundation in January 1988. Photo: FNC
  • Sheikh Zayed, the Founding Father, opens the Second Ordinary Session of the 5th Legislative Chapter of the Federal National Council in December 1982. Also pictured are Sheikh Dr Sultan bin Muhammad Al Qasimi, Ruler of Sharjah; Sheikh Humaid bin Rashid Al Nuaimi, Ruler of Ajman; Sheikh Rashid Al Mualla, Ruler of Umm Al Quwain; Sheikh Saqr bin Mohammed Al Qasimi, Ruler of Ras Al Khaimah; Sheikh Hamad bin Mohammed Al Sharqi, Ruler of Fujairah; Sheikh Maktoum bin Rashid Al Maktoum, Crown Prince of Dubai; and Hilal Lootah, President of the Federal National Council. Photo: FNC
    Sheikh Zayed, the Founding Father, opens the Second Ordinary Session of the 5th Legislative Chapter of the Federal National Council in December 1982. Also pictured are Sheikh Dr Sultan bin Muhammad Al Qasimi, Ruler of Sharjah; Sheikh Humaid bin Rashid Al Nuaimi, Ruler of Ajman; Sheikh Rashid Al Mualla, Ruler of Umm Al Quwain; Sheikh Saqr bin Mohammed Al Qasimi, Ruler of Ras Al Khaimah; Sheikh Hamad bin Mohammed Al Sharqi, Ruler of Fujairah; Sheikh Maktoum bin Rashid Al Maktoum, Crown Prince of Dubai; and Hilal Lootah, President of the Federal National Council. Photo: FNC
  • Sheikh Zayed, the Founding Father, opens the Second Ordinary Session of the 5th Legislative Chapter of the Federal National Council in December 1982. Photo: FNC
    Sheikh Zayed, the Founding Father, opens the Second Ordinary Session of the 5th Legislative Chapter of the Federal National Council in December 1982. Photo: FNC
  • The Federal National Council, one of the five federal authorities of the UAE, celebrated its golden jubilee by releasing pictures from throughout its 50-year history. Photo: FNC
    The Federal National Council, one of the five federal authorities of the UAE, celebrated its golden jubilee by releasing pictures from throughout its 50-year history. Photo: FNC
  • The council contributes to national development, translating the leadership’s vision and citizens’ aspirations, embodying the Shura, or consultation, approach. Photo: FNC
    The council contributes to national development, translating the leadership’s vision and citizens’ aspirations, embodying the Shura, or consultation, approach. Photo: FNC
  • A council session. Photo: FNC
    A council session. Photo: FNC
  • President Sheikh Khalifa has directed that half of the council's seats must be taken by women. Photo: FNC
    President Sheikh Khalifa has directed that half of the council's seats must be taken by women. Photo: FNC
  • Speaker Abdul Aziz Al Ghurair, centre, secretary general Mohammed Al Mazrouei, left, and Sharjah member Obaid Al Muhairi in 2008. Photo: FNC
    Speaker Abdul Aziz Al Ghurair, centre, secretary general Mohammed Al Mazrouei, left, and Sharjah member Obaid Al Muhairi in 2008. Photo: FNC
  • President Sheikh Khalifa and the rulers of the seven emirates were at the opening of the council's session at the FNC building in Abu Dhabi in November 2011. Silvia Razgova / The National
    President Sheikh Khalifa and the rulers of the seven emirates were at the opening of the council's session at the FNC building in Abu Dhabi in November 2011. Silvia Razgova / The National
  • Sheikh Zayed, the Founding Father, surrounded by the rulers of the emirates and Federal National Council members after opening the First Ordinary Session of the 10th Legislative Chapter in December 1995. Photo: FNC
    Sheikh Zayed, the Founding Father, surrounded by the rulers of the emirates and Federal National Council members after opening the First Ordinary Session of the 10th Legislative Chapter in December 1995. Photo: FNC
  • Sheikh Zayed, the Founding Father, leaves the FNC hall in December 1995. Photo: FNC
    Sheikh Zayed, the Founding Father, leaves the FNC hall in December 1995. Photo: FNC
  • Sheikh Zayed, the Founding Father, greets council members in 1995. Photo: FNC
    Sheikh Zayed, the Founding Father, greets council members in 1995. Photo: FNC
  • Sheikh Zayed, the Founding Father, receives the reply to the opening speech delivered at the First Ordinary Session of the 11th Legislative Chapter from Mohammed Khalifa bin Habtoor, President of the Federal National Council in April 1998. Photo: FNC
    Sheikh Zayed, the Founding Father, receives the reply to the opening speech delivered at the First Ordinary Session of the 11th Legislative Chapter from Mohammed Khalifa bin Habtoor, President of the Federal National Council in April 1998. Photo: FNC
  • The President Sheikh Khalifa and the rulers of the seven emirates attend the Federal National Council in November 2011. Silvia Razgova / The National
    The President Sheikh Khalifa and the rulers of the seven emirates attend the Federal National Council in November 2011. Silvia Razgova / The National
  • A meeting of the Federal National Council in 2008. Ryan Carter / The National
    A meeting of the Federal National Council in 2008. Ryan Carter / The National
  • Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, delivers a speech at the opening session of the Federal National Council in October 2010. Lee Hoagland / The National
    Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, delivers a speech at the opening session of the Federal National Council in October 2010. Lee Hoagland / The National
  • Dr Amal Al Qubaisi was appointed Deputy Speaker in 2011, the first time in the GCC a woman had held such a position. She became Speaker in 2015. Fatima Al Marzooqi / The National.
    Dr Amal Al Qubaisi was appointed Deputy Speaker in 2011, the first time in the GCC a woman had held such a position. She became Speaker in 2015. Fatima Al Marzooqi / The National.

What is the FNC?

The FNC was established in 1971, with its first session convened by UAE Founding Father, the late Sheikh Zayed bin Sultan Al Nahyan, the following year.

The parliament is made up of 40 members – 20 appointed directly by the Rulers of the emirates – with the remainder elected by public vote.

The FNC is responsible for passing, amending and rejecting federal draft laws.

It is also responsible for reviewing the Annual General Budget, international treaties and agreements and other federal affairs in line with the constitution.

In 2018, the late President Sheikh Khalifa directed that women occupy half of the seats of the council.

The ruling came into effect for the FNC's 17th legislative chapter, which began in November 2019.

Where are the registration centres?

Abu Dhabi

Abu Dhabi Chamber of Commerce and Industry

The Masoudi Council, Al Ain

Al Dhafra Municipality

Dubai

Hatta Hall (C&D) at Dubai World Trade Centre

Sharjah

Consultative Council of Sharjah

Ajman

Sheikh Hamid Bin Rashid Hall, Ajman Museum

Umm Al Quwain

The Ministry of Community Development

Ras Al Khaimah

Creative Youth Centre in Al Dhait

Fujairah

Fujairah Chamber of Commerce and Industry

Federal National Council candidates have begun submitting their applications at Sharjah's Consultative Council. Chris Whiteoak / The National
Federal National Council candidates have begun submitting their applications at Sharjah's Consultative Council. Chris Whiteoak / The National

When does the election vote begin?

The next round of voting for the Federal National Council will take place on October 7.

The NEC has announced there are 398,879 electoral college members eligible to vote, an 18.1 per cent increase over 2019.

The representation of women in the electoral college lists for 2023 has increased to 51 per cent, compared to 49 per cent for men, the NEC said, according to state news agency Wam.

Fifty-five per cent of the list comprises men and women aged 21-40.

Nearly 30 per cent was made up of people aged 21-30, and just over 25 per cent was made up of people aged 31-40.

Recently, authorities announced that voting will be possible remotely, both from inside and outside the Emirates. A hybrid system has been created that combines remote and in-person voting to maximise convenience to voters.

If people vote more than once, whether at polling centres or remotely, only their last vote will count.

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

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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

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

The Vile

Starring: Bdoor Mohammad, Jasem Alkharraz, Iman Tarik, Sarah Taibah

Director: Majid Al Ansari

Rating: 4/5

Jetour T1 specs

Engine: 2-litre turbocharged

Power: 254hp

Torque: 390Nm

Price: From Dh126,000

Available: Now

The specs: 2018 Nissan Altima


Price, base / as tested: Dh78,000 / Dh97,650

Engine: 2.5-litre in-line four-cylinder

Power: 182hp @ 6,000rpm

Torque: 244Nm @ 4,000rpm

Transmission: Continuously variable tranmission

Fuel consumption, combined: 7.6L / 100km

Company profile

Date started: December 24, 2018

Founders: Omer Gurel, chief executive and co-founder and Edebali Sener, co-founder and chief technology officer

Based: Dubai Media City

Number of employees: 42 (34 in Dubai and a tech team of eight in Ankara, Turkey)

Sector: ConsumerTech and FinTech

Cashflow: Almost $1 million a year

Funding: Series A funding of $2.5m with Series B plans for May 2020

The White Lotus: Season three

Creator: Mike White

Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell

Rating: 4.5/5

Getting%20there%20
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Allardyce's management career

Clubs (10) - Limerick (1991-1992), Perston North End (1992), Blackpool (1994-1996), Notts County (1997-1999), Bolton Wanderers (1999-2007), Newcastle United (2007-2008), Blackburn Rovers (2008-2010), West Ham United (2011-2015), Sunderland (2016), Crystal Palace (2016-2017)

Countries (1) - England (2016)

info-box

COMPANY PROFILE

Company name: Happy Tenant

Started: January 2019

Co-founders: Joe Moufarrej and Umar Rana

Based: Dubai

Sector: Technology, real-estate

Initial investment: Dh2.5 million

Investors: Self-funded

Total customers: 4,000

Yahya Al Ghassani's bio

Date of birth: April 18, 1998

Playing position: Winger

Clubs: 2015-2017 – Al Ahli Dubai; March-June 2018 – Paris FC; August – Al Wahda

Updated: August 15, 2023, 3:27 PM