Years of investment in health, education and infrastructure put the UAE in a strong position to weather the storm of the Covid-19 pandemic, according to a new study.
The Covid-19 Response Report found the UAE's long-term approach to bolstering its services allied with its swift response to the rise of the coronavirus were vital to mitigating the impact of a health crisis that has gripped the globe.
The research was carried out by the Oxford Business Group, a global business intelligence and advisory firm, and the University of Manchester Middle East Centre in Dubai.
Investment in the healthcare sector was increased by the government from Dh3.83 billion in 2016 to Dh4.84bn this year, the report revealed.
“Sustained investment in health infrastructure in recent years allowed the UAE to enter the pandemic in a position of considerable strength," read the report.
It said the UAE's expansion of its Covid-19 testing capabilities was crucial to its goal of limiting the spread of the virus.
As of Tuesday, the UAE had carried out close to 17 million tests since the outbreak began.
Andrew Jeffreys, Oxford Business Group's chief executive, said that while the UAE had to wrestle with the challenges posed by Covid-19 and lower oil prices, successful efforts to put strong, broader economic foundations in place before the pandemic arrived bode well for its recovery.
“Businesses remain concerned about the impact of Covid-19 and consumer sentiment will have a key part to play in driving recovery, both in the Emirates and beyond,” Mr Jeffreys said.
“Our research shows that the UAE’s private sector is adapting to the new normal, having benefited from supportive action in the early stages of the outbreak and the country’s focus on achieving the goals laid out in its National Vision 2021 road map.”
Our research shows that the UAE's private sector is adapting to the new normal, having benefited from supportive action in the early stages of the outbreak
The UAE’s focus on healthcare spending had led the sector to improve considerably across several indicators, including beds, doctors and nurses per capita.
The number of hospital beds in the UAE increased from 9,000 in 2012 to more than 12,000 in 2017.
Data from the Ministry of Health and Prevention in 2018 showed there were 24,345 doctors in the UAE, with 2.53 physicians per 1,000 people.
The UAE had a clinical workforce of 118,121 in 2018.
Patrick Cooke, Oxford Business Group regional editor, said that the sustained efforts to diversify the economy and build an advanced medical ecosystem, along with an increasingly skilled workforce, strengthened the UAE’s resilience before the pandemic.
People in the UAE still worried about job security
Although the UAE has delivered a robust response to the pandemic, there is still caution mixed with optimism among the business community.
An April study by Ipsos, a market research company, found that 58 per cent people in the UAE were concerned about their job security, and 32 per cent said Covid-19 posed a very high risk to their job or business.
Another report by McKinsey and Company, an American management consulting firm, found that 61 per cent of Emirati consumer were optimistic about the UAE's economic recovery in June.
The Oxford Business Group surveyed 109 chief executives in the region in July and found that six out of 10 believed they would almost be back to regular business by September this year.
Four in five bosses said the pandemic had permanently changed the way they communicated with their customers.
UAE was ready to take education online
The report said that the long-term investment in public and private education infrastructure meant schools and universities were equipped with the technology to quickly shift lessons online.
Schools and universities in the UAE moved classes online in March when they had to close to control the spread of Covid-19.
The report forecast a spike in demand for part-time blended learning courses as working professionals looked to improve their skills.
Randa Bessiso, Middle East director at the University of Manchester, said soft skills such as leadership, creativity, innovation and adaptability would remain essential.
“I believe we will see a surge in creative partnerships between educational institutions, as organisations try to build on our new collective experience and quickly add capabilities, resources and reach," Ms Bessiso said.
How the UAE was primed for the pandemic:
Ovo's tips to find extra heat
- Open your curtains when it’s sunny
- Keep your oven open after cooking
- Have a cuddle with pets and loved ones to help stay cosy
- Eat ginger but avoid chilli as it makes you sweat
- Put on extra layers
- Do a few star jumps
- Avoid alcohol
More from Rashmee Roshan Lall
ON%20TRACK
%3Cp%3EThe%20Dubai%20Metaverse%20Assembly%20will%20host%20three%20main%20tracks%3A%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EEducate%3A%3C%2Fstrong%3E%20Consists%20of%20more%20than%2010%20in-depth%20sessions%20on%20the%20metaverse%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EInspire%3A%3C%2Fstrong%3E%20Will%20showcase%20use%20cases%20of%20the%20metaverse%20in%20tourism%2C%20logistics%2C%20retail%2C%20education%20and%20health%20care%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EContribute%3A%3C%2Fstrong%3E%20Workshops%20for%20metaverse%20foresight%20and%20use-case%20reviews%3C%2Fp%3E%0A
Sui Dhaaga: Made in India
Director: Sharat Katariya
Starring: Varun Dhawan, Anushka Sharma, Raghubir Yadav
3.5/5
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
The specs: 2017 GMC Sierra 1500 Denali
Price, base / as tested Dh207,846 / Dh220,000
Engine 6.2L V8
Transmission Eight-speed automatic
Power 420hp @ 5,600rpm
Torque 624Nm @ 4,100rpm
Fuel economy, combined 13.5L / 100km
match info
Maratha Arabians 138-2
C Lynn 91*, A Lyth 20, B Laughlin 1-15
Team Abu Dhabi 114-3
L Wright 40*, L Malinga 0-13, M McClenaghan 1-17
Maratha Arabians won by 24 runs
Mohammed bin Zayed Majlis
THE BIG THREE
NOVAK DJOKOVIC
19 grand slam singles titles
Wimbledon: 5 (2011, 14, 15, 18, 19)
French Open: 2 (2016, 21)
US Open: 3 (2011, 15, 18)
Australian Open: 9 (2008, 11, 12, 13, 15, 16, 19, 20, 21)
Prize money: $150m
ROGER FEDERER
20 grand slam singles titles
Wimbledon: 8 (2003, 04, 05, 06, 07, 09, 12, 17)
French Open: 1 (2009)
US Open: 5 (2004, 05, 06, 07, 08)
Australian Open: 6 (2004, 06, 07, 10, 17, 18)
Prize money: $130m
RAFAEL NADAL
20 grand slam singles titles
Wimbledon: 2 (2008, 10)
French Open: 13 (2005, 06, 07, 08, 10, 11, 12, 13, 14, 17, 18, 19, 20)
US Open: 4 (2010, 13, 17, 19)
Australian Open: 1 (2009)
Prize money: $125m
Christopher Robin
Starring: Ewan McGregor, Haley Atwell, Jim Cummings, Peter Capaldi
Three stars
THE BIO
Ms Davison came to Dubai from Kerala after her marriage in 1996 when she was 21-years-old
Since 2001, Ms Davison has worked at many affordable schools such as Our Own English High School in Sharjah, and The Apple International School and Amled School in Dubai
Favourite Book: The Alchemist
Favourite quote: Failing to prepare is preparing to fail
Favourite place to Travel to: Vienna
Favourite cuisine: Italian food
Favourite Movie : Scent of a Woman
The five pillars of Islam
If you go
Flying
Despite the extreme distance, flying to Fairbanks is relatively simple, requiring just one transfer in Seattle, which can be reached directly from Dubai with Emirates for Dh6,800 return.
Touring
Gondwana Ecotours’ seven-day Polar Bear Adventure starts in Fairbanks in central Alaska before visiting Kaktovik and Utqiarvik on the North Slope. Polar bear viewing is highly likely in Kaktovik, with up to five two-hour boat tours included. Prices start from Dh11,500 per person, with all local flights, meals and accommodation included; gondwanaecotours.com