Members have called for more firms and government bodies to employ retirees, training to enable seniors to continue living fulfilling lives, and full health insurance. Fatima Al Marzooqi/ The National.
Members have called for more firms and government bodies to employ retirees, training to enable seniors to continue living fulfilling lives, and full health insurance. Fatima Al Marzooqi/ The National.
Members have called for more firms and government bodies to employ retirees, training to enable seniors to continue living fulfilling lives, and full health insurance. Fatima Al Marzooqi/ The National.
Members have called for more firms and government bodies to employ retirees, training to enable seniors to continue living fulfilling lives, and full health insurance. Fatima Al Marzooqi/ The National

FNC call for attention to be paid to UAE’s elderly


  • English
  • Arabic

ABU DHABI // More attention should be paid to the country’s senior citizens – especially those with special needs – and the roles they can play in society, the FNC says.

Members called for more firms and government bodies to employ retirees, training to enable seniors to continue living fulfilling lives, and full health insurance.

Ahmed Al Mansouri (Dubai) said senior citizens, including those with disabilities, could provide a “positive and active” role in the workforce, which would improve their well-being, provide them with extra income and benefit the community.

“Are there efforts to take advantage of their creativity?” Mr Al Mansouri asked Obaid Al Tayer, Minister of State for Financial Affairs and vice chairman of the General Pension and Social Security Authority, at the FNC session on Tuesday.

“Are there programmes that can reintegrate them into society and reemploy them for extra income?

“Early retirement should not stop them from contributing to their growth and development, to their families, to society, unless they don’t want to. The choice should be theirs and the authority should provide them with platforms to be productive.”

He said the pension authority should study the matter.

“Find out what sectors they can contribute to and set a grand strategy in encouraging organisations from public and private sectors to hire them,” Mr Al Mansouri said.

“Perhaps the authority can start by hiring retirees with special needs, or provide them with platforms to train them or improve their skills and enrich their knowledge.”

Mr Al Tayer said the authority was constantly updating its data to learn about pensioners’ needs.

“Part of the authority’s initiative in updating the data is to identify all groups, especially those with special needs, and know their number and level of disability,” he said.

“They are part of the community and integrating them into the community is a collective effort.

Ahmed Al Zaabi (Sharjah) said pensioners deserved to have full health insurance. As it is, they still pay for some treatment and medication.

“[Insurance] is necessary. Every person needs insurance,” Mr Al Zaabi said. “They are in that period of time where they need health care.

“They are government employees, so the Government should provide them with treatment – good treatment.”

He said the Government must recognise the medical conditions of retirees, as many of them have health issues that require constant care.

Mr Al Zaabi said providing full insurance would save the Government the extra expenses needed to have citizens treated abroad.

“We send many people to receive treatment in other countries – that also costs the country,” he said. “This will be beneficial. If there was enough insurance, this will conserve the Government’s treasury.”

Mr Al Tayer said the costs for such a move would be high.

Rashad Bukhash (Dubai) suggested the end-of-service payment should be given within the pension payments.

Mr Al Tayer responded that the bonus was paid if the person completed 35 years of service.

“He receives an equivalent to three month’s salary for every year he had worked, in addition to the pension,” he said.

Sultan Al Dhaheri (Abu Dhabi), head of the FNC’s financial, economic and industrial affairs committee, called for a raise in pension payments.

Mr Al Tayer assured him of positive results in the coming year, without giving further details.

aalkhoori@thenational.ae

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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Villains
Queens of the Stone Age
Matador

The Year Earth Changed

Directed by:Tom Beard

Narrated by: Sir David Attenborough

Stars: 4

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PROFILE OF SWVL

Started: April 2017

Founders: Mostafa Kandil, Ahmed Sabbah and Mahmoud Nouh

Based: Cairo, Egypt

Sector: transport

Size: 450 employees

Investment: approximately $80 million

Investors include: Dubai’s Beco Capital, US’s Endeavor Catalyst, China’s MSA, Egypt’s Sawari Ventures, Sweden’s Vostok New Ventures, Property Finder CEO Michael Lahyani

 

 

How to apply for a drone permit
  • Individuals must register on UAE Drone app or website using their UAE Pass
  • Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
  • Upload the training certificate from a centre accredited by the GCAA
  • Submit their request
What are the regulations?
  • Fly it within visual line of sight
  • Never over populated areas
  • Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
  • Users must avoid flying over restricted areas listed on the UAE Drone app
  • Only fly the drone during the day, and never at night
  • Should have a live feed of the drone flight
  • Drones must weigh 5 kg or less

Like a Fading Shadow

Antonio Muñoz Molina

Translated from the Spanish by Camilo A. Ramirez

Tuskar Rock Press (pp. 310)