The Environment Agency Abu Dhabi and the UN Food and Agriculture Organisation plan to revive the heritage and traditions of the emirate’s pearl industry.
Abu Dhabi Pearls project, established in 2007, involves farming high-quality pearls using modern and sustainable practices.
It set an ambitious goal of cultivating 80,000 oysters and producing 20,000 high-quality and sustainable pearls annually in the emirate’s waters.
Since its establishment, the project has helped to revive the sector’s heritage and preserve local oysters and pearls through participation in local and international events.
Joint projects with educational institutions were also launched, along with a technical component to create jewellery designs using cultured pearls.
Under the partnership between EAD and the FAO, the two seek to educate people on pearl farming techniques while also promoting them as a key model for sustainable aquaculture that has many environmental, social and economic benefits.
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The partnership includes knowledge sharing, the provision of technical support and the organisation of technical aquaculture workshops.
The project is part of a broader collaboration between FAO and the Ministry of Climate Change and Environment, which focuses on introducing sustainable aquaculture and building a sector that creates jobs, protects the environment and supports livelihoods in the long term.
A rich heritage of traditions
Pearling played a crucial role in the UAE's economy before the discovery of oil in the late 1950s and early 1960s.
In the 19th century, pearl diving accounted for as much as 95 per cent of the region's income, and at its height early in the 20th century, about 80,000 men worked on the pearling vessels — 22,000 in the Trucial States alone.
The historic centre of pearl diving in the Arabian Gulf, however, was and is Bahrain, where last year the country's Institute for Pearls and Gemstones said it significantly increased the number of diving licences it issued, including for the first time, female pearl divers.
Ahmed Al Hashemi, EAD's executive director of Terrestrial and Marine Biodiversity, said the partnership will contribute to the promotion of the Abu Dhabi Pearls project, which he said is “one of the leading aquaculture projects in the region”.
“Pearl diving was once a risky profession that provided seasonal employment and an opportunity for wealth and prosperity,” Mr Al Hashemi said.
“It was never merely a trade or a means of subsistence, but an entirely integrated social system which has nurtured a rich heritage of traditions.
“At EAD we continuously seek to protect our national heritage while protecting the environment and the development of sustainable practices within aquaculture is driving our efforts, supported by our fruitful co-operation with FAO.”
Lionel Dabbadie, senior aquaculture and fishery officer at the FAO in Abu Dhabi, said: “The pearl oyster project designed and implemented by EAD not only provides a source of income for young Emirati entrepreneurs, but it also contributes to conserve biodiversity and protect the ecosystem, in line with the blue transformation objectives that FAO promotes.
“By partnering with EAD, FAO looks forward to developing sustainable aquaculture and contributing to achieving the UAE goal of becoming a world-leading hub in innovation-driven food security by 2051.”
MATCH INFO
Uefa Champions League semi-final, first leg
Tottenham 0-1 Ajax, Tuesday
Second leg
Ajax v Tottenham, Wednesday, May 8, 11pm
Game is on BeIN Sports
Short-term let permits explained
Homeowners and tenants are allowed to list their properties for rental by registering through the Dubai Tourism website to obtain a permit.
Tenants also require a letter of no objection from their landlord before being allowed to list the property.
There is a cost of Dh1,590 before starting the process, with an additional licence fee of Dh300 per bedroom being rented in your home for the duration of the rental, which ranges from three months to a year.
Anyone hoping to list a property for rental must also provide a copy of their title deeds and Ejari, as well as their Emirates ID.
Switching%20sides
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GOLF’S RAHMBO
- 5 wins in 22 months as pro
- Three wins in past 10 starts
- 45 pro starts worldwide: 5 wins, 17 top 5s
- Ranked 551th in world on debut, now No 4 (was No 2 earlier this year)
- 5th player in last 30 years to win 3 European Tour and 2 PGA Tour titles before age 24 (Woods, Garcia, McIlroy, Spieth)
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
GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
Thor: Ragnarok
Dir: Taika Waititi
Starring: Chris Hemsworth, Tom Hiddleston, Cate Blanchett, Jeff Goldblum, Mark Ruffalo, Tessa Thompson
Four stars
LIVING IN...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
The UAE's journey to space
if you go
The flights
Direct flights from the UAE to the Nepalese capital, Kathmandu, are available with Air Arabia, (www.airarabia.com) Fly Dubai (www.flydubai.com) or Etihad (www.etihad.com) from Dh1,200 return including taxes. The trek described here started from Jomson, but there are many other start and end point variations depending on how you tailor your trek. To get to Jomson from Kathmandu you must first fly to the lake-side resort town of Pokhara with either Buddha Air (www.buddhaair.com) or Yeti Airlines (www.yetiairlines.com). Both charge around US$240 (Dh880) return. From Pokhara there are early morning flights to Jomson with Yeti Airlines or Simrik Airlines (www.simrikairlines.com) for around US$220 (Dh800) return.
The trek
Restricted area permits (US$500 per person) are required for trekking in the Upper Mustang area. The challenging Meso Kanto pass between Tilcho Lake and Jomson should not be attempted by those without a lot of mountain experience and a good support team. An excellent trekking company with good knowledge of Upper Mustang, the Annaurpuna Circuit and Tilcho Lake area and who can help organise a version of the trek described here is the Nepal-UK run Snow Cat Travel (www.snowcattravel.com). Prices vary widely depending on accommodation types and the level of assistance required.
Tamkeen's offering
- Option 1: 70% in year 1, 50% in year 2, 30% in year 3
- Option 2: 50% across three years
- Option 3: 30% across five years