• Queen Elizabeth II and Prince Philip greet UAE President Sheikh Khalifa, at Windsor Castle in 2013. Getty Images
    Queen Elizabeth II and Prince Philip greet UAE President Sheikh Khalifa, at Windsor Castle in 2013. Getty Images
  • Sheikh Zayed, Queen Elizabeth and Prince Philip seated before lunch at the Hilton Hotel in Abu Dhabi, in 1979. Getty Images
    Sheikh Zayed, Queen Elizabeth and Prince Philip seated before lunch at the Hilton Hotel in Abu Dhabi, in 1979. Getty Images
  • UAE President Sheikh Khalifa speaks to Queen Elizabeth and Prince Philip during their visit to Abu Dhabi in 2010. Getty Images
    UAE President Sheikh Khalifa speaks to Queen Elizabeth and Prince Philip during their visit to Abu Dhabi in 2010. Getty Images
  • Prince Philip attends a military air display in Abu Dhabi in 2010. Getty Images
    Prince Philip attends a military air display in Abu Dhabi in 2010. Getty Images
  • Queen Elizabeth and Prince Philip together during a visit to Abu Dhabi in 1979, which was part of their tour of the Gulf. Getty Images
    Queen Elizabeth and Prince Philip together during a visit to Abu Dhabi in 1979, which was part of their tour of the Gulf. Getty Images
  • Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, speaks to Queen Elizabeth and Prince Philip during a visit to the Sheikh Zayed Grand Mosque in 2010. Getty Images
    Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, speaks to Queen Elizabeth and Prince Philip during a visit to the Sheikh Zayed Grand Mosque in 2010. Getty Images
  • Prince Philip visits a souq in Muscat during a state visit to Oman in 1979. Getty Images
    Prince Philip visits a souq in Muscat during a state visit to Oman in 1979. Getty Images
  • Prince Philip looks at a hawk during a visit to Manama, Bahrain, in 1979. Getty Images
    Prince Philip looks at a hawk during a visit to Manama, Bahrain, in 1979. Getty Images
  • Queen Elizabeth and Prince Philip disembark the Royal Yacht Britannia in Kuwait, in 1979. Getty Images
    Queen Elizabeth and Prince Philip disembark the Royal Yacht Britannia in Kuwait, in 1979. Getty Images
  • Queen Elizabeth and Prince Philip are presented with a gift by the then-Sultan of Oman, Sultan Qaboos bin Said al Said, before a state banquet in Muscat, Oman, in 2010. Getty Images
    Queen Elizabeth and Prince Philip are presented with a gift by the then-Sultan of Oman, Sultan Qaboos bin Said al Said, before a state banquet in Muscat, Oman, in 2010. Getty Images

Government

UAE leaders send condolences to Queen Elizabeth II after the death of her husband Prince Philip

UAE ambassador to the UK also pays tribute to the Duke of Edinburgh

Patrick Ryan
Patrick Ryan
Dubai

April 10, 2021

  • English
  • Arabic

UAE leaders paid their condolences to Queen Elizabeth II on the death of her husband, Prince Philip.

His death, at the age of 99, was announced by Buckingham Palace on Friday afternoon.

President Sheikh Khalifa sent a telegram to the UK monarch on Friday, state news agency Wam reported.

Similar messages of sympathy were sent by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, and Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces.

Sheikh Mohammed bin Rashid also expressed his sympathies in a tweet describing the late Duke of Edinburgh as a close friend of the UAE.

"On behalf of people of UAE, I extend my sincere condolences to Queen Elizabeth II and the people of United Kingdom over the demise of Prince Philip, Duke of Edinburgh," the Vice President and Ruler of Dubai tweeted.

"A close friend to the UAE and other nations, he will always be remembered for his devotion to his country and people."

Sheikh Mohamed bin Zayed also tweeted his condolences.

Prince Philip, the Duke of Edinburgh, who has been a constant presence at the Queen's side, was in hospital for a month after being admitted as a precautionary measure on February 16.

He was discharged on March 16 after treatment for an infection and successful surgery for a pre-existing heart condition.

The UAE ambassador to the UK also paid tribute to the late Duke of Edinburgh.

"I would like to offer my deepest condolences to the Queen and the British Royal Family on the passing of Prince Philip, Duke of Edinburgh," Mansoor Abulhoul said on Twitter.

“He will be remembered as a good friend to the UAE and a positive influence on causes such as sustainability and environmental protection.”

Bahrain’s King Hamad bin Isa Al Khalifa offered his condolences to Queen Elizabeth over the passing of Prince Philip.

King Hamad praised Prince Philip’s service to Britain and its people, the Bahrain News Agency reported.

Philip, a Greek prince, married Elizabeth in 1947 and played a key role in modernising the British monarchy in the post-Second World War period.

They married five years before she became queen, and Philip is the longest-serving royal consort in British history.

Behind the walls of Buckingham Palace, he was the one key figure the queen could turn to and trust.

The couple had four children, eight grandchildren and 10 great-grandchildren.

"He has, quite simply, been my strength and stay all these years," Elizabeth said in a rare personal tribute to Philip, in a speech marking their 50th wedding anniversary in 1997.

Tributes to Prince Philip - in pictures

  • The Honourable Artillery Company fires a gun salute at the Tower of London, with Tower Bridge in the background, to mark the death of Britain's Prince Philip, Duke of Edinburgh, at the age of 99. Getty Images
    The Honourable Artillery Company fires a gun salute at the Tower of London, with Tower Bridge in the background, to mark the death of Britain's Prince Philip, Duke of Edinburgh, at the age of 99. Getty Images
  • The Death Gun Salute is fired by the 104th Regiment Royal Artillery to mark the death of Prince Philip, at Cardiff Castle in Wales. AFP
    The Death Gun Salute is fired by the 104th Regiment Royal Artillery to mark the death of Prince Philip, at Cardiff Castle in Wales. AFP
  • Britain's Prince Edward and Sophie, Countess of Wessex arrive at Windsor Castle, England. AP Photo
    Britain's Prince Edward and Sophie, Countess of Wessex arrive at Windsor Castle, England. AP Photo
  • Members of the Household Cavalry ride past Buckingham Palace, London. Reuters
    Members of the Household Cavalry ride past Buckingham Palace, London. Reuters
  • Members of the King’s Troop Royal Horse Artillery arrive at the Parade Ground, Woolwich Barracks, London. AFP
    Members of the King’s Troop Royal Horse Artillery arrive at the Parade Ground, Woolwich Barracks, London. AFP
  • Members of the Honourable Artillery Company in advance of a gun salute to mark the death of Prince Philip, at the Tower of London. AFP
    Members of the Honourable Artillery Company in advance of a gun salute to mark the death of Prince Philip, at the Tower of London. AFP
  • A well-wisher waits in line to lay a floral tribute to Britain's Prince Philip, outside Buckingham Palace, London. AFP
    A well-wisher waits in line to lay a floral tribute to Britain's Prince Philip, outside Buckingham Palace, London. AFP
  • A cyclist rides past a digital display commemorating Prince Philip, in Glasgow, Scotland. Getty Images
    A cyclist rides past a digital display commemorating Prince Philip, in Glasgow, Scotland. Getty Images
  • Rugby players observe a minute's silence in tribute to Prince Philip before the European Challenge Cup Quarter Final match between Bath Rugby and London Irish, in Bath, England. Reuters
    Rugby players observe a minute's silence in tribute to Prince Philip before the European Challenge Cup Quarter Final match between Bath Rugby and London Irish, in Bath, England. Reuters
  • Copies of the 'Courier Mail' at a news stand in Brisbane, Australia, with news of Prince Philip's death. Getty Images
    Copies of the 'Courier Mail' at a news stand in Brisbane, Australia, with news of Prince Philip's death. Getty Images
  • Flags on Sydney Harbour Bridge fly at half-mast, in Sydney, Australia. Getty Images
    Flags on Sydney Harbour Bridge fly at half-mast, in Sydney, Australia. Getty Images
  • Flags at half-mast outside the Senedd, home of the Welsh Parliament, in Cardiff, Wales. Getty Images
    Flags at half-mast outside the Senedd, home of the Welsh Parliament, in Cardiff, Wales. Getty Images
  • Members of media near a community gate at the home of Prince Harry, Duke of Sussex and Meghan Markle, Duchess of Sussex in Montecito, California, US, after the announcement of the death of Britain's Prince Philip. AP Photo
    Members of media near a community gate at the home of Prince Harry, Duke of Sussex and Meghan Markle, Duchess of Sussex in Montecito, California, US, after the announcement of the death of Britain's Prince Philip. AP Photo
  • Actor Sir Ian McKellen looks at floral tributes outside Windsor Castle, in Windsor, England. Getty Images
    Actor Sir Ian McKellen looks at floral tributes outside Windsor Castle, in Windsor, England. Getty Images
  • The big screen inside the stadium displays a commemorative message on the death of Prince Philip, at Emirates Old Trafford cricket ground, in Manchester, England. Getty Images
    The big screen inside the stadium displays a commemorative message on the death of Prince Philip, at Emirates Old Trafford cricket ground, in Manchester, England. Getty Images
  • The British Columbia Legislature flies the Canadian flag at half-mast in Victoria, as piper Ken Wilson plays the 'Heights of Dargai'. AP Photo
    The British Columbia Legislature flies the Canadian flag at half-mast in Victoria, as piper Ken Wilson plays the 'Heights of Dargai'. AP Photo
  • Floral tributes outside Buckingham Palace in London. Getty Images
    Floral tributes outside Buckingham Palace in London. Getty Images
  • Floral tributes outside Windsor Castle. Getty Images
    Floral tributes outside Windsor Castle. Getty Images
  • A mourner draped in a British Union Jack flag takes pictures of flowers placed outside Windsor Castle. Reuters
    A mourner draped in a British Union Jack flag takes pictures of flowers placed outside Windsor Castle. Reuters
  • Miniature Schnauzer dog Lady Trixie of Linfield sits in front of tributes to Prince Philip at Hillsborough Castle, Northern Ireland, during the midday 41 gun salute. Getty Images
    Miniature Schnauzer dog Lady Trixie of Linfield sits in front of tributes to Prince Philip at Hillsborough Castle, Northern Ireland, during the midday 41 gun salute. Getty Images
  • Naomi Armstrong and her daughters Lily and Essie leave a bunch of flowers at the gates of Hillsborough Castle, Northern Ireland, in tribute to Prince Philip. Getty Images
    Naomi Armstrong and her daughters Lily and Essie leave a bunch of flowers at the gates of Hillsborough Castle, Northern Ireland, in tribute to Prince Philip. Getty Images
  • The Union Jack flag flies at half-mast at Buckingham Palace, London. Getty Images
    The Union Jack flag flies at half-mast at Buckingham Palace, London. Getty Images
  • Members of The King's Troop Royal Horse Artillery fire a gun salute to mark the death of Prince Philip, at the Parade Ground, Woolwich Barracks, London. Reuters
    Members of The King's Troop Royal Horse Artillery fire a gun salute to mark the death of Prince Philip, at the Parade Ground, Woolwich Barracks, London. Reuters
  • A member of the public person holds a floral tribute to Prince Philip outside Buckingham Palace, London. Reuters
    A member of the public person holds a floral tribute to Prince Philip outside Buckingham Palace, London. Reuters
  • A girl lays flowers as tribute to Prince Philip outside Buckingham Palace, in London. Getty Images
    A girl lays flowers as tribute to Prince Philip outside Buckingham Palace, in London. Getty Images
  • Soldiers from 206 Battery, 105 Royal Artillery, take part in a gun salute to the Duke of Edinburgh at Hillsborough Castle in Hillsborough, Northern Ireland. Getty Images
    Soldiers from 206 Battery, 105 Royal Artillery, take part in a gun salute to the Duke of Edinburgh at Hillsborough Castle in Hillsborough, Northern Ireland. Getty Images
  • Britain's Prince Charles addresses the media, outside Highgrove House in Gloucestershire, England, following the death of his father, Prince Philip. AP Photo
    Britain's Prince Charles addresses the media, outside Highgrove House in Gloucestershire, England, following the death of his father, Prince Philip. AP Photo
  • A big screen displays an image commemorating Prince Philip, before the Premier League football match between Crystal Palace and Chelsea at Selhurst Park, London. Reuters
    A big screen displays an image commemorating Prince Philip, before the Premier League football match between Crystal Palace and Chelsea at Selhurst Park, London. Reuters
UAE currency: the story behind the money in your pockets
Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

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

Other workplace saving schemes
  • The UAE government announced a retirement savings plan for private and free zone sector employees in 2023.
  • Dubai’s savings retirement scheme for foreign employees working in the emirate’s government and public sector came into effect in 2022.
  • National Bonds unveiled a Golden Pension Scheme in 2022 to help private-sector foreign employees with their financial planning.
  • In April 2021, Hayah Insurance unveiled a workplace savings plan to help UAE employees save for their retirement.
  • Lunate, an Abu Dhabi-based investment manager, has launched a fund that will allow UAE private companies to offer employees investment returns on end-of-service benefits.
UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

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Key figures in the life of the fort

Sheikh Dhiyab bin Isa (ruled 1761-1793) Built Qasr Al Hosn as a watchtower to guard over the only freshwater well on Abu Dhabi island.

Sheikh Shakhbut bin Dhiyab (ruled 1793-1816) Expanded the tower into a small fort and transferred his ruling place of residence from Liwa Oasis to the fort on the island.

Sheikh Tahnoon bin Shakhbut (ruled 1818-1833) Expanded Qasr Al Hosn further as Abu Dhabi grew from a small village of palm huts to a town of more than 5,000 inhabitants.

Sheikh Khalifa bin Shakhbut (ruled 1833-1845) Repaired and fortified the fort.

Sheikh Saeed bin Tahnoon (ruled 1845-1855) Turned Qasr Al Hosn into a strong two-storied structure.

Sheikh Zayed bin Khalifa (ruled 1855-1909) Expanded Qasr Al Hosn further to reflect the emirate's increasing prominence.

Sheikh Shakhbut bin Sultan (ruled 1928-1966) Renovated and enlarged Qasr Al Hosn, adding a decorative arch and two new villas.

Sheikh Zayed bin Sultan (ruled 1966-2004) Moved the royal residence to Al Manhal palace and kept his diwan at Qasr Al Hosn.

Sources: Jayanti Maitra, www.adach.ae

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