The streets in Samnan seem quiet during the day but residents say that is not the case at night when groups of workers gather to chat, socialise or play cricket. Satish Kumar / The National
The streets in Samnan seem quiet during the day but residents say that is not the case at night when groups of workers gather to chat, socialise or play cricket. Satish Kumar / The National
The streets in Samnan seem quiet during the day but residents say that is not the case at night when groups of workers gather to chat, socialise or play cricket. Satish Kumar / The National
The streets in Samnan seem quiet during the day but residents say that is not the case at night when groups of workers gather to chat, socialise or play cricket. Satish Kumar / The National

Single men to be moved out of Sharjah area


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SHARJAH // A decision to move hundreds of bachelors out of a Sharjah suburb has been welcomed by Emirati and expatriate families in the area.

The decision came after complaints by residents in Samnan over a lack of privacy, noise, unruly behaviour and thefts.

The workers, mainly Asian, have been given one week to comply with the ruling before the municipality begins to cut electricity and water to their buildings.

“There has been many thefts and harassment cases in the area,” said Aqeel Al Mazroui.

“Before it was a beautiful place shared between Emiratis and Arab families.”

The Emirati legal counsellor, who has lived in Samnan for 36 years, said the men were mainly labourers and drivers who often parked their large lorries close to the villas overnight, turning it into an “industrial zone”.

“They gather in the evening on the streets and start playing cricket, creating noise and disturbance,” he added.

Wael Zeyad said many Emirati families had moved out of the area as more villas were turned into bachelor accommodations.

“Before, this area was only Emiratis now there are one or two families left,” said the Syrian father of two, who added that his wife does not go outside alone in the evening because she is wary of large groups of men.

“By the end of the day, this road is packed with people, they sit outside and sometimes in large groups,” said the 32-year-old who owns a villa and has lived there for 15 years.

Many of the villas in the neighbourhood – many in disrepair – are used as accommodation for single workers.

As part of the ruling, the worst buildings will be pulled down, while the better homes will be repaired and used by Emirati families who are in need of emergency housing.

“We have issued 275 warnings for bachelors living in the area,” said Omar Al Shariji, the assistant director of Sharjah Municipality.

“They are required now to visit the municipality to coordinate with them how they will move out of Samnan.”

In April 2012, the emirate’s ruler issued a similar decree ordering bachelors to leave the suburb of Halwan after complaints by Emirati families who were worried that the men were peering over their villa walls and into their homes.

That same month, single male workers living in Al Shabha, Umm Khanour and Layyah were also told to move out of the area as they were being set aside for families.

Many of the workers were relocated by their companies to Ajman and Umm Al Quwain.

Pakistani worker N N, who shares a villa in Samnan with 12 compatriots, said the house is convenient for their work and the rent is cheap.

“I live with 12 people. It’s good to live with your countrymen and cheaper than to rent alone,” he said.

“Now we are searching for a new place to live.”

tzriqat@thenational.ae

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Praise the positive rather than focusing on the negative. Catch them when they’re being good and acknowledge it.
Show empathy towards your child’s needs as well as your own. Take care of yourself so that you can be calm, loving and respectful, rather than angry and frustrated.
Be open to communication, goal-setting and problem-solving, says Dr Thoraiya Kanafani. “It is important to recognise that there is a fine line between positive parenting and becoming parents who overanalyse their children and provide more emotional context than what is in the child’s emotional development to understand.”
 

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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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.”

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