DUBAI // The UAE has come on top of a global list of donors to development projects abroad.
The Organisation for Economic Cooperation and Development said on Wednesday that in proportion to its gross national income, the UAE’s aid last year totalled Dh18 billion, or 1.17 per cent of GNI.
Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, lauded President Sheikh Khalifa’s generosity.
“This confirms the UAE’s commitment to its global development mission and to the principles on which this nation was founded,” Sheikh Mohammed said.
“We will continue to reinforce our position as a global hub for humanitarian relief for all those in need of our help.
“We expect nothing in return for we are driven and guided by the principles of Islam and our Emirati national values.”
Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, said the UAE was following the lead set by Sheikh Zayed, the founding President.
“The announcement of the UAE as the world’s largest donor country of official development assistance testifies to the determination and sound vision of our wise leadership, as represented by Sheikh Khalifa, towards joining in international efforts … to help create a better, decent life for humanity.
“Today, we witness the positive outcomes of the UAE’s development projects and humanitarian support channels throughout the world’s regions and countries.
“Such projects and channels were built on the UAE’s humanitarian mission and ethical responsibility towards the needy and the disaster-stricken.”
Sheikh Khalifa said the UAE would continue to play an active role in coordination with all organisations and countries engaged in international development and humanitarian works.
Sheikh Mansour bin Zayed, Deputy Prime Minister and Minister for Presidential Affairs, said the UAE’s top ranking was evidence of the country’s leadership in setting the agenda for international development.
The UAE was not hindered by its domestic development challenges and continued with its humanitarian role and participation abroad, Sheikh Mansour said.
Sheikha Lubna Al Qasimi, Minister of International Cooperation and Development and head of UAE Committee for the Coordination of Humanitarian Foreign Aid, also thanked the country’s leadership for assistance to people and countries in need.
“No doubt, today we are proud to live on the good soil of the UAE, affirming that the directives of our wise leadership has become a road map and an approach for all UAE humanitarian and development donor organisations,” Sheikha Lubna said.
The OECD’s development assistance committee, which compiled the report, said the latest statistics were part of an initial analysis, The committee said another statement would be released in December after receiving detailed data from member states.
The report said Sweden was second in the list of big donors, giving 1.10 per cent of its GNI; followed by Luxembourg with 1.07 per cent; Norway with 0.99 per cent; Denmark with 0.85 per cent; UK with 0.71 per cent; and the Netherlands with 0.64 per cent.
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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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