• The first crew to go to the International Space Station included (left to right) Sergei Krikalev, Bill Shepherd and Yuri Gidzenko. Courtesy: Nasa
    The first crew to go to the International Space Station included (left to right) Sergei Krikalev, Bill Shepherd and Yuri Gidzenko. Courtesy: Nasa
  • The new International Space Station after the crew of the Space Shuttle Endeavour captured the Zarya Control Module, left, and mated it with the Unity Node, right, inside the Shuttle's payload bay. This photo was taken after Endeavour undocked from the space station on Dec. 13, 1998, for the return to Earth. Almost two years later, the first crew _ American Bill Shepherd and Russians Sergei Krikalev and Yuri Gidzenko _ blasted off from Kazakhstan on Oct. 31, 2000, en route to the space station. Thus began 20 years of international cooperation and a steady stream of crew from around the world. (NASA via AP)
    The new International Space Station after the crew of the Space Shuttle Endeavour captured the Zarya Control Module, left, and mated it with the Unity Node, right, inside the Shuttle's payload bay. This photo was taken after Endeavour undocked from the space station on Dec. 13, 1998, for the return to Earth. Almost two years later, the first crew _ American Bill Shepherd and Russians Sergei Krikalev and Yuri Gidzenko _ blasted off from Kazakhstan on Oct. 31, 2000, en route to the space station. Thus began 20 years of international cooperation and a steady stream of crew from around the world. (NASA via AP)
  • The ISS as seen from the Space Shuttle Atlantis after the station and shuttle began their post-undocking relative separation on May 23, 2010. Twenty years after the first crew arrived, the space station has hosted 241 residents and grown from three cramped and humid rooms to a complex almost as long as a football field, with six sleeping compartments, three toilets, a domed lookout and three high-tech labs. (NASA via AP)
    The ISS as seen from the Space Shuttle Atlantis after the station and shuttle began their post-undocking relative separation on May 23, 2010. Twenty years after the first crew arrived, the space station has hosted 241 residents and grown from three cramped and humid rooms to a complex almost as long as a football field, with six sleeping compartments, three toilets, a domed lookout and three high-tech labs. (NASA via AP)
  • This Oct. 20, 2000 photo made available by NASA shows the International Space Station after separation of the Space Shuttle Discovery. Backdropped against the blackness of space, the Z1 Truss structure and its antenna, as well as the new pressurized mating adapter (PMA-3), are visible in the foreground. (NASA via AP)
    This Oct. 20, 2000 photo made available by NASA shows the International Space Station after separation of the Space Shuttle Discovery. Backdropped against the blackness of space, the Z1 Truss structure and its antenna, as well as the new pressurized mating adapter (PMA-3), are visible in the foreground. (NASA via AP)
  • On October 31, 2000, a cloud of smoke surrounds the Soyuz rocket seconds before liftoff from the Baikonur Cosmodrome in Kazakstan, carrying the first residents of the International Space Station. Two days later, U.S. astronaut Bill Shepherd, and Russian cosmonauts Sergei Krikalev, and Yuri Gidzenko arrived at the space station. (NASA via AP, File)
    On October 31, 2000, a cloud of smoke surrounds the Soyuz rocket seconds before liftoff from the Baikonur Cosmodrome in Kazakstan, carrying the first residents of the International Space Station. Two days later, U.S. astronaut Bill Shepherd, and Russian cosmonauts Sergei Krikalev, and Yuri Gidzenko arrived at the space station. (NASA via AP, File)
  • The Soyuz booster is transported to the launch pad at the Baikonur Cosmodrome in Kazakstan. Two days later, US astronaut Bill Shepherd, and Russian cosmonauts Sergei Krikalyov and Yuri Gidzenko blasted off to become the first residents on the International Space Station. (AP Photo/Mikhail Metzel, File)
    The Soyuz booster is transported to the launch pad at the Baikonur Cosmodrome in Kazakstan. Two days later, US astronaut Bill Shepherd, and Russian cosmonauts Sergei Krikalyov and Yuri Gidzenko blasted off to become the first residents on the International Space Station. (AP Photo/Mikhail Metzel, File)
  • The International Space Station continues its orbit around the Earth as seen from a Soyuz spacecraft departing with NASA astronauts Andrew Feustel and Ricky Arnold and Roscosmos cosmonaut Oleg Artemyev, who had spent 197 days in space. From the first crew to the most recent, the No. 1 pastime aboard the station is gazing down at Earth. It takes just 90 minutes to circle the world, allowing crews to soak in a staggering 16 sunrises and 16 sunsets every day. (NASA/Roscosmos via AP)
    The International Space Station continues its orbit around the Earth as seen from a Soyuz spacecraft departing with NASA astronauts Andrew Feustel and Ricky Arnold and Roscosmos cosmonaut Oleg Artemyev, who had spent 197 days in space. From the first crew to the most recent, the No. 1 pastime aboard the station is gazing down at Earth. It takes just 90 minutes to circle the world, allowing crews to soak in a staggering 16 sunrises and 16 sunsets every day. (NASA/Roscosmos via AP)
  • Humans on Earth can sometimes spot the ISS because of its large solar panels. (NASA via AP)
    Humans on Earth can sometimes spot the ISS because of its large solar panels. (NASA via AP)
  • A Progress supply ship arrives on Nov. 18, 2000 to link up to the International Space Station, bringing Expedition 1 commander Bill Shepherd, pilot Yuri P. Gidzenko and flight engineer Sergei K. Krikalev two tons of food, clothing, hardware and holiday gifts from their families. (NASA via AP)
    A Progress supply ship arrives on Nov. 18, 2000 to link up to the International Space Station, bringing Expedition 1 commander Bill Shepherd, pilot Yuri P. Gidzenko and flight engineer Sergei K. Krikalev two tons of food, clothing, hardware and holiday gifts from their families. (NASA via AP)
  • In this photo provided by NASA, the International Space Station is seen from the Space Shuttle Atlantis as the two spacecraft perform their relative separation on July 19, 2011. Above and to the right of the space station is the moon far in the distance. (NASA via AP)
    In this photo provided by NASA, the International Space Station is seen from the Space Shuttle Atlantis as the two spacecraft perform their relative separation on July 19, 2011. Above and to the right of the space station is the moon far in the distance. (NASA via AP)

From tourist attraction to retirement: What does the future hold for the International Space Station?


Daniel Bardsley
  • English
  • Arabic

History was made on November 2, 2000, when two Russian cosmonauts and one American astronaut became the first live-in guests on board the International Space Station.

Since that remarkable maiden journey, the vast floating facility has welcomed no fewer than 241 space travellers from 19 countries – including the UAE.

As with any major milestone, the 20-year anniversary has prompted space experts to look to the future of the iconic space station as well as honour its trail-blazing past.

There is plenty of discussion about when the ISS, a joint project of space agencies from Canada, Europe, Japan, Russia and the US, will eventually be retired.

Commercial space travel on the rise

Today the Low Earth Orbit (LEO) scene, of which the ISS is part, is increasingly commercial, with multiple private enterprises involved, and it is they, rather than national space agencies, that may replace the $150bn (Dh550.95bn) facility.

The commercial sector’s growing input to ISS has been demonstrated most dramatically this year by Elon Musk’s SpaceX aerospace organisation, which took two Nasa astronauts up to the facility at the end of May using a Crew Dragon spacecraft and Falcon 9 rocket.

At the time, Nasa noted that it was the first time its astronauts had been taken up to the space station from American soil by a commercially built spacecraft.

Another commercial transportation programme is being developed by Boeing, which has a long history of involvement in the ISS, having been selected by Nasa as its main contractor for the facility back in 1993.

Boeing’s attempt in December to send its Starliner spacecraft up to the ISS went awry when a timing issue prevented a planned docking of the uncrewed vehicle, but another attempt is scheduled for January.

Before then, in mid-November, SpaceX is set to take three American and one Japanese astronaut to the ISS on its second crewed mission to the facility.

  • The UAE's first astronaut, Maj Hazza Al Mansouri, takes part in a Q&A session from the International Space Station with an audience at the Mohammed bin Rashid Space Centre, Dubai, in 2019. Chris Whiteoak / The National
    The UAE's first astronaut, Maj Hazza Al Mansouri, takes part in a Q&A session from the International Space Station with an audience at the Mohammed bin Rashid Space Centre, Dubai, in 2019. Chris Whiteoak / The National
  • Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, talks with Emirati astronaut Maj Hazza Al Mansouri, during a live satellite feed from the International Space Station. Courtesy: Dubai Media Office
    Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, talks with Emirati astronaut Maj Hazza Al Mansouri, during a live satellite feed from the International Space Station. Courtesy: Dubai Media Office
  • The Emirati astronaut takes questions from the audience gathered at the Mohammed bin Rashid Space Centre. Chris Whiteoak / The National
    The Emirati astronaut takes questions from the audience gathered at the Mohammed bin Rashid Space Centre. Chris Whiteoak / The National
  • An aspiring young astronaut poses in front of a picture of the first Emirati in space, Maj Hazza Al Mansouri. Chris Whiteoak / The National
    An aspiring young astronaut poses in front of a picture of the first Emirati in space, Maj Hazza Al Mansouri. Chris Whiteoak / The National
  • A woman films the Q&A session with Maj Hazza Al Mansouri from the International Space Station. Chris Whiteoak / The National
    A woman films the Q&A session with Maj Hazza Al Mansouri from the International Space Station. Chris Whiteoak / The National
  • The audience at the Mohammed bin Rashid Space Centre are delighted to hear from Maj Hazza Al Mansouri. Chris Whiteoak / The National
    The audience at the Mohammed bin Rashid Space Centre are delighted to hear from Maj Hazza Al Mansouri. Chris Whiteoak / The National
  • An aspiring young astronaut and her family at the Mohammed bin Rashid Space Centre event. Chris Whiteoak / The National
    An aspiring young astronaut and her family at the Mohammed bin Rashid Space Centre event. Chris Whiteoak / The National
  • A young audience member celebrates the first Emirati in space. Chris Whiteoak / The National
    A young audience member celebrates the first Emirati in space. Chris Whiteoak / The National
  • Sheikh Mohammed bin Rashid talks to Maj Hazza Al Mansouri. Courtesy Dubai Media Office
    Sheikh Mohammed bin Rashid talks to Maj Hazza Al Mansouri. Courtesy Dubai Media Office
  • Emirati astronaut Hazza Al Mansouri, during a live satellite feed from the International Space Station. Courtesy Dubai Media Office
    Emirati astronaut Hazza Al Mansouri, during a live satellite feed from the International Space Station. Courtesy Dubai Media Office
  • Audience members at the Mohammed bin Rashid Space Centre event sample space food. Chris Whiteoak / The National
    Audience members at the Mohammed bin Rashid Space Centre event sample space food. Chris Whiteoak / The National
  • Emirati astronaut Maj Hazza Al Mansouri gives his audience on Earth a tour of the International Space Station. Screengrab via Youtube Live
    Emirati astronaut Maj Hazza Al Mansouri gives his audience on Earth a tour of the International Space Station. Screengrab via Youtube Live
  • Maj Hazza Al Mansouri demonstrates the effects of weightlessness. Screengrab via Youtube Live
    Maj Hazza Al Mansouri demonstrates the effects of weightlessness. Screengrab via Youtube Live
  • Hazza Al Mansouri takes a live Q&A from space. He spent eight days on the International Space Station, in a mission from September 25 to October 3, 2019. Screengrab via Youtube Live
    Hazza Al Mansouri takes a live Q&A from space. He spent eight days on the International Space Station, in a mission from September 25 to October 3, 2019. Screengrab via Youtube Live
  • Emirati astronaut, Hazza Al Mansouri, takes live Q&A from space and gives a station tour. Screengrab via Youtube Live
    Emirati astronaut, Hazza Al Mansouri, takes live Q&A from space and gives a station tour. Screengrab via Youtube Live

Their arrival will expand to seven the number of people at the ISS, which currently plays host to two Russian cosmonauts, Sergey Ryzhikov and Sergey Kud-Sverchkov, and one American astronaut, Kathleen Rubins. They have been there since mid-October and are due to return to Earth in April 2021.

Life on space station offers unique challenges

Speaking from the ISS during a recent question-and-answer session to mark the 20th anniversary, Dr Rubins said the toughest activities they had to undertake were space walks or extravehicular activity (EVA), two of which she completed during her first ISS mission, in 2016.

“This is probably the foremost mental and physical challenge we have as astronauts – to be outside in the vacuum of space in a 400-pound space suit moving that mass around with very, very expensive equipment,” she said.

“That being said, it’s also one of the most fun things we do, so we’re looking forward to many space walks, many EVAs ... It’s going to be a great expedition.”

Lt Col Ryzhikov, the mission commander, and Mr Kud-Sverchkov are set to carry out a space walk in mid-November, according to reports.

As well as space walks and routine maintenance, ISS residents have over the years undertaken nearly 3,000 experiments analysing things such as how the human body functions in space.

In recent years more commercially funded technical projects have been undertaken, an indication of Nasa’s keenness for private-sector involvement.

Nasa to sell off ISS stake?

Analysts say Nasa is keen to ultimately hand over its portion of the ISS to the private sector so that the billions of dollars a year it spends on the ISS could go to other programmes, notably those involving the moon.

Dr Rubins, a microbiologist, compared the facility to a scaled down university campus with cutting-edge equipment including DNA sequencers and sophisticated microscopes.

“We’re going to continue some of the work on growing cells – we’re going to be growing heart cells,” she said.

  • The world's first space tourist Dennis Tito waves in front of the International Space Station crew on April 30, 2001. Courtesy: RTV
    The world's first space tourist Dennis Tito waves in front of the International Space Station crew on April 30, 2001. Courtesy: RTV
  • Painted Lady butterflies live in their habitat aboard the International Space Station. Courtesy: Nasa
    Painted Lady butterflies live in their habitat aboard the International Space Station. Courtesy: Nasa
  • Red romaine lettuce was the first vegetable to grow in space in August 2015. Courtesy: Nasa
    Red romaine lettuce was the first vegetable to grow in space in August 2015. Courtesy: Nasa
  • In 2016, British astronaut Tim Peake completed the fastest marathon in space. Courtesy: European Space Agency
    In 2016, British astronaut Tim Peake completed the fastest marathon in space. Courtesy: European Space Agency
  • Maj Hazza Al Mansouri meets the rest of the team at the International Space Station shortly after docking. Courtesy: Nasa
    Maj Hazza Al Mansouri meets the rest of the team at the International Space Station shortly after docking. Courtesy: Nasa

“I’m looking forward to a lot of the microbial experiments. I’m looking forward to looking at the station’s microbiome [complement of microorganisms].

“I’m interested in learning who’s here in terms of the microbial populations. Who’s here and who’s changing over time.”

The ISS is not just focused on biological experiments, as it also has specialist equipment for research in fields such as physics or materials science.

When he spent eight days on board the facility after arriving on a Soyuz rocket in September last year, the UAE’s first astronaut, Major Hazza Al Mansouri, undertook a series of experiments, including some with a robotic camera aimed at offering insights into how the orientation of spacecraft can be controlled.

After Maj Al Mansouri’s trip, the UAE recorded another key milestone in its space programme in July this year, when the country’s Mars Mission, Hope, which is spearheaded by the Mohammed Bin Rashid Space Centre, blasted off from Japan. It is scheduled to reach the Red Planet in early 2021.

One experiment due to happen on the ISS in the coming months is the growing of radishes, work NASA says could optimise methods to cultivate the vegetable in space.

Could space station be a tourist attraction? 

In the years to come, Nasa is opening up the ISS to visits by tourists – with transport there and back on commercial craft costing tens of millions of dollars – and, in January, it gave approval for a private space company, Axiom, to attach a commercial module to the ISS.

Axiom, which is run by a former Nasa ISS programme manager, ultimately hopes to attach several modules to the ISS, the first of which could be launched in 2024 and allow for new experimental facilities and living space.

The company has said work on the ISS could move over to the commercial modules when decommissioning finally happens.

Once it is retired, the ISS would probably be crashed into a remote part of the Pacific Ocean, joining the remains of Russia’s Mir space station, which burned up before reaching its watery grave.

The ISS’s retirement is, however, not imminent: it is scheduled to remain in operation until at least 2024 and much of its hardware is certified for use until several years after that.

Speaking at the recent press conference, Lt Col Ryzhikov acknowledged there is currently a leak in the ISS that needs fixing, but said the overall structure was sound. Boeing too said earlier this year the ISS was in good shape.

“It has very reliable construction,” said the Russian cosmonaut, who is his second ISS mission. “It has various small leaks every day. Now it’s a little bit more than standard. We’re working to find it and replace it. So don’t worry.”

LIVERPOOL SQUAD

Alisson Becker, Virgil van Dijk, Georginio Wijnaldum, James Milner, Naby Keita, Roberto Firmino, Sadio Mane, Mohamed Salah, Joe Gomez, Adrian, Jordan Henderson, Alex Oxlade-Chamberlain, Adam Lallana, Andy Lonergan, Xherdan Shaqiri, Andy Robertson, Divock Origi, Curtis Jones, Trent Alexander-Arnold, Neco Williams

'My Son'

Director: Christian Carion

Starring: James McAvoy, Claire Foy, Tom Cullen, Gary Lewis

Rating: 2/5

RESULTS

6.30pm UAE 1000 Guineas Trial Conditions (TB) US$100,000 (Dirt) 1,400m

Winner Final Song, Christophe Soumillon (jockey), Saeed bin Suroor (trainer).

7.05pm Handicap (TB) $135,000 (Turf) 1,000m

Winner Almanaara, Dane O’Neill, Doug Watson.

7.40pm Handicap (TB) $175,000 (D) 1,900m

Winner Grand Argentier, Brett Doyle, Doug Watson.

8.15pm Meydan Challenge Listed Handicap (TB) $175,000 (T) 1,400m

Winner Major Partnership, Patrick Cosgrave, Saeed bin Suroor.

8.50pm Dubai Stakes Group 3 (TB) $200,000 (D) 1,200m

Winner Gladiator King, Mickael Barzalona, Satish Seemar.

9.25pm Dubai Racing Club Classic Listed Handicap (TB) $175,000 (T) 2,410m

Winner Universal Order, Richard Mullen, David Simcock.

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

SERIE A FIXTURES

Saturday (All UAE kick-off times)

Cagliari v AC Milan (6pm)

Lazio v Napoli (9pm)

Inter Milan v Atalanta (11.45pm)

Sunday

Udinese v Sassuolo (3.30pm)

Sampdoria v Brescia (6pm)

Fiorentina v SPAL (6pm)

Torino v Bologna (6pm)

Verona v Genoa (9pm)

Roma V Juventus (11.45pm)

Parma v Lecce (11.45pm)

 

 

Dubai Rugby Sevens

November 30, December 1-2
International Vets
Christina Noble Children’s Foundation fixtures

Thursday, November 30:

10.20am, Pitch 3, v 100 World Legends Project
1.20pm, Pitch 4, v Malta Marauders

Friday, December 1:

9am, Pitch 4, v SBA Pirates

War 2

Director: Ayan Mukerji

Stars: Hrithik Roshan, NTR, Kiara Advani, Ashutosh Rana

Rating: 2/5

Gender pay parity on track in the UAE

The UAE has a good record on gender pay parity, according to Mercer's Total Remuneration Study.

"In some of the lower levels of jobs women tend to be paid more than men, primarily because men are employed in blue collar jobs and women tend to be employed in white collar jobs which pay better," said Ted Raffoul, career products leader, Mena at Mercer. "I am yet to see a company in the UAE – particularly when you are looking at a blue chip multinationals or some of the bigger local companies – that actively discriminates when it comes to gender on pay."

Mr Raffoul said most gender issues are actually due to the cultural class, as the population is dominated by Asian and Arab cultures where men are generally expected to work and earn whereas women are meant to start a family.

"For that reason, we see a different gender gap. There are less women in senior roles because women tend to focus less on this but that’s not due to any companies having a policy penalising women for any reasons – it’s a cultural thing," he said.

As a result, Mr Raffoul said many companies in the UAE are coming up with benefit package programmes to help working mothers and the career development of women in general. 

Need to know

The flights: Flydubai flies from Dubai to Kilimanjaro airport via Dar es Salaam from Dh1,619 return including taxes. The trip takes 8 hours. 

The trek: Make sure that whatever tour company you select to climb Kilimanjaro, that it is a reputable one. The way to climb successfully would be with experienced guides and porters, from a company committed to quality, safety and an ethical approach to the mountain and its staff. Sonia Nazareth booked a VIP package through Safari Africa. The tour works out to $4,775 (Dh17,538) per person, based on a 4-person booking scheme, for 9 nights on the mountain (including one night before and after the trek at Arusha). The price includes all meals, a head guide, an assistant guide for every 2 trekkers, porters to carry the luggage, a cook and kitchen staff, a dining and mess tent, a sleeping tent set up for 2 persons, a chemical toilet and park entrance fees. The tiny ration of heated water provided for our bath in our makeshift private bathroom stall was the greatest luxury. A standard package, also based on a 4-person booking, works out to $3,050 (Dh11,202) per person.

When to go: You can climb Kili at any time of year, but the best months to ascend  are  January-February and September-October.  Also good are July and August, if you’re tolerant of the colder weather that winter brings.

Do not underestimate the importance of kit. Even if you’re travelling at a relatively pleasant time, be geared up for the cold and the rain.

Milestones on the road to union

1970

October 26: Bahrain withdraws from a proposal to create a federation of nine with the seven Trucial States and Qatar. 

December: Ahmed Al Suwaidi visits New York to discuss potential UN membership.

1971

March 1:  Alex Douglas Hume, Conservative foreign secretary confirms that Britain will leave the Gulf and “strongly supports” the creation of a Union of Arab Emirates.

July 12: Historic meeting at which Sheikh Zayed and Sheikh Rashid make a binding agreement to create what will become the UAE.

July 18: It is announced that the UAE will be formed from six emirates, with a proposed constitution signed. RAK is not yet part of the agreement.

August 6:  The fifth anniversary of Sheikh Zayed becoming Ruler of Abu Dhabi, with official celebrations deferred until later in the year.

August 15: Bahrain becomes independent.

September 3: Qatar becomes independent.

November 23-25: Meeting with Sheikh Zayed and Sheikh Rashid and senior British officials to fix December 2 as date of creation of the UAE.

November 29:  At 5.30pm Iranian forces seize the Greater and Lesser Tunbs by force.

November 30: Despite  a power sharing agreement, Tehran takes full control of Abu Musa. 

November 31: UK officials visit all six participating Emirates to formally end the Trucial States treaties

December 2: 11am, Dubai. New Supreme Council formally elects Sheikh Zayed as President. Treaty of Friendship signed with the UK. 11.30am. Flag raising ceremony at Union House and Al Manhal Palace in Abu Dhabi witnessed by Sheikh Khalifa, then Crown Prince of Abu Dhabi.

December 6: Arab League formally admits the UAE. The first British Ambassador presents his credentials to Sheikh Zayed.

December 9: UAE joins the United Nations.

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

ETFs explained

Exhchange traded funds are bought and sold like shares, but operate as index-tracking funds, passively following their chosen indices, such as the S&P 500, FTSE 100 and the FTSE All World, plus a vast range of smaller exchanges and commodities, such as gold, silver, copper sugar, coffee and oil.

ETFs have zero upfront fees and annual charges as low as 0.07 per cent a year, which means you get to keep more of your returns, as actively managed funds can charge as much as 1.5 per cent a year.

There are thousands to choose from, with the five biggest providers BlackRock’s iShares range, Vanguard, State Street Global Advisors SPDR ETFs, Deutsche Bank AWM X-trackers and Invesco PowerShares.

Company%20profile
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20WallyGPT%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2014%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3ESaeid%20and%20Sami%20Hejazi%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%3Cbr%3E%3Cstrong%3EInvestment%20raised%3A%20%3C%2Fstrong%3E%247.1%20million%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%3C%2Fstrong%3E%2020%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3EPre-seed%20round%3C%2Fp%3E%0A
hall of shame

SUNDERLAND 2002-03

No one has ended a Premier League season quite like Sunderland. They lost each of their final 15 games, taking no points after January. They ended up with 19 in total, sacking managers Peter Reid and Howard Wilkinson and losing 3-1 to Charlton when they scored three own goals in eight minutes.

SUNDERLAND 2005-06

Until Derby came along, Sunderland’s total of 15 points was the Premier League’s record low. They made it until May and their final home game before winning at the Stadium of Light while they lost a joint record 29 of their 38 league games.

HUDDERSFIELD 2018-19

Joined Derby as the only team to be relegated in March. No striker scored until January, while only two players got more assists than goalkeeper Jonas Lossl. The mid-season appointment Jan Siewert was to end his time as Huddersfield manager with a 5.3 per cent win rate.

ASTON VILLA 2015-16

Perhaps the most inexplicably bad season, considering they signed Idrissa Gueye and Adama Traore and still only got 17 points. Villa won their first league game, but none of the next 19. They ended an abominable campaign by taking one point from the last 39 available.

FULHAM 2018-19

Terrible in different ways. Fulham’s total of 26 points is not among the lowest ever but they contrived to get relegated after spending over £100 million (Dh457m) in the transfer market. Much of it went on defenders but they only kept two clean sheets in their first 33 games.

LA LIGA: Sporting Gijon, 13 points in 1997-98.

BUNDESLIGA: Tasmania Berlin, 10 points in 1965-66

Company%C2%A0profile
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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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UAE currency: the story behind the money in your pockets
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