Sheikha Lubna Al Qasimi, Minister of State for Tolerance, said Sheikh Zayed was a beacon in humanitarian work and that his generosity was followed by Sheikh Khalifa. Ryan Carter / Crown Prince Court – Abu Dhabi
Sheikha Lubna Al Qasimi, Minister of State for Tolerance, said Sheikh Zayed was a beacon in humanitarian work and that his generosity was followed by Sheikh Khalifa. Ryan Carter / Crown Prince Court – Abu Dhabi
Sheikha Lubna Al Qasimi, Minister of State for Tolerance, said Sheikh Zayed was a beacon in humanitarian work and that his generosity was followed by Sheikh Khalifa. Ryan Carter / Crown Prince Court – Abu Dhabi
Sheikha Lubna Al Qasimi, Minister of State for Tolerance, said Sheikh Zayed was a beacon in humanitarian work and that his generosity was followed by Sheikh Khalifa. Ryan Carter / Crown Prince Court –

UAE reiterates heritage of giving for World Humanitarian Day


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DUBAI // Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, has described charitable action as a “common language of compassion” as countries mark World Humanitarian Day.

Sheikh Mohammed said on Thursday that UAE will continue to provide aid to Syrian refugees, which has so far totalled Dh2.6 billion, calling it one of the “most pressing issues”.

The UAE’s Minister of State for Tolerance also reiterated the UAE’s commitment to foreign aid. Sheikha Lubna Al Qasimi said the late Founding Father, Sheikh Zayed, had been a beacon in humanitarian work and that his generosity was followed by the President, Sheikh Khalifa.

“The Founder of the UAE and the builder of its modern renaissance, and his fellow founding fathers, were keen to make humanitarian work a cultural and an immortal value in the hearts of the people of the UAE,” she said, according to the state news agency, Wam.

Reem Al Hashimy, Minister of State for International Cooperation, paid tribute to UAE and international aid workers.

“Delivering life-saving aid would never have been possible without the passion and unwavering commitment of men and women who risk their lives so that others may live and hope for a better tomorrow,” she said.

Since 2011, the UAE gave Dh6.97 billion in humanitarian assistance, said Ms Al Hashimy. It has provided Dh2.56 billion since 2012 in emergency aid to address the Syria crisis, including funds for Syrians who fled to other countries in the region or are internally displaced.

In Yemen, the UAE has provided in the last two years a total of Dh1.5 billion in aid.

Ms Al Hashimy also outlined UAE efforts in the Zaatari refugee camp in Jordan to co-sponsor a wastewater management programme assisting 3,000 families, as well as in the Yemeni governorate of Aden to provide aid and revive the education system there.

In December, the first bi-annual World Humanitarian Forum will be hosted in Dubai’s International Humanitarian City, she said. The city’s UN Humanitarian Response Depot has “by far” the largest UN stockpile of relief items in the world.

newsdesk@thenational.ae

A MINECRAFT MOVIE

Director: Jared Hess

Starring: Jack Black, Jennifer Coolidge, Jason Momoa

Rating: 3/5

The specs

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Always use only regulated platforms

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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