Abu Dhabi-based Mubadala Health is expanding its operations and moving into Dubai to broaden the healthcare offerings in the country.
This year, the company will launch the first phase of the project by opening an advanced standalone day surgery and medical facility in Jumeirah.
The announcement was made on the sidelines of Arab Health in collaboration with the Dubai Health Authority and the Ministry of Health and Prevention.
Through the partnership, Mubadala Health will bring doctors and other clinicians from Abu Dhabi to Dubai.
Its network of hospitals in the capital include Cleveland Clinic Abu Dhabi and Imperial College London Diabetes Centre, operated in partnership with the eponymous US healthcare network and UK university.
In pictures - Arab Health
The surgery in Jumeirah is due to open in the third quarter of this year. It is is expected to serve patients from Dubai and the Northern Emirates, as well as medical tourists from around the world.
“Mubadala Health’s plan will help achieve the common national goals of improving the efficiency and competitiveness of the UAE health sector,” said Abdulrahman Al Owais, Minister of Health and Prevention and Minister of State for FNC Affairs.
He said the move would consolidate “the country’s position as a leading destination for innovative healthcare, something which will reflect positively on realising the sustainable development goals”.
As part of the collaboration, the healthcare entities aim to improve services to patients in Abu Dhabi and Dubai by building global partnerships with industry leaders.
Awadh Al Ketbi, director-general of DHA, said Dubai had always been an attractive market for healthcare investors and Mubadala Health’s expansion into Dubai represents an important addition to the emirate’s healthcare sector.
The clinic in Jumeirah will occupy 11,612 square metres and will offer a wide variety of in-demand specialisms delivered by world-class physicians and medical experts.
Services will include gastroenterology, sleep medicine, ear, nose and throat surgery, rehabilitation, neurology, orthopaedics, and respiratory medicine services, among others.
Electric scooters: some rules to remember
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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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Premier League clubs spent £230 million (Dh1.15 billion) on January transfers, the second-highest total for the mid-season window, the Sports Business Group at Deloitte said in a report.
Takreem Awards winners 2021
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Lifetime Achievement: Suad Al Amiry (Palestine)
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Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
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