Sheikh Mansoor bin Mohammed hailed Dubai health authorities for launching the Pfizer-BioNTech vaccination campaign after being inoculated.
Sheikh Mansoor – son of Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai – the chairman of Dubai’s Supreme Committee of Crisis and Disaster Management, is the first senior figure in the country to be pictured receiving the vaccination.
His father was one of several leading UAE Cabinet members to take China's Sinopharm vaccine after its approval for emergency use in September.
The Sinopharm vaccine was subsequently approved for use by all members of the public this month.
"Thank you, Dubai Health Authority, for leading the Pfizer-BioNTech vaccination campaign, and thank you once again to our first line of defence heroes who continue to work with full dedication and sincerity," Sheikh Mansoor said.
"The UAE has and will always prioritise the health, safety and security of its community."
The Pfizer-BioNTech vaccine was made available in Dubai on December 23.
As part of a phased strategy, doses will initially be available to the following groups in the next three months – people aged over 60, those with chronic diseases, people with disabilities, frontline workers and those who work in essential sectors.
Dubai plans to inoculate 70 per cent of its population with the Pfizer-BioNTech by the end of 2021 in a campaign free of charge for citizens and residents, a health official said.
The emirate began the first phase of the vaccination campaign last week, focusing on priority groups including those 60 and older, people with chronic medical conditions, those with disabilities and frontline workers.
"We are targeting to vaccinate approximately 70 per cent of the population of Dubai by the end of 2021. We want to reach the herd immunity that is required," said Farida Al Khaja, chairwoman of Dubai's steering committee for Covid-19 vaccinations.
Ms Al Khaja said a second phase beginning in April would be open to all citizens and residents.
THE BIO: Martin Van Almsick
Hometown: Cologne, Germany
Family: Wife Hanan Ahmed and their three children, Marrah (23), Tibijan (19), Amon (13)
Favourite dessert: Umm Ali with dark camel milk chocolate flakes
Favourite hobby: Football
Breakfast routine: a tall glass of camel milk
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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
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
WOMAN AND CHILD
Director: Saeed Roustaee
Starring: Parinaz Izadyar, Payman Maadi
Rating: 4/5