Two new mosques are opening this month and will be ready to welcome worshippers during the holy month.
Aldar Properties' new mosque in Yas Acres is scheduled to open for prayers on Friday, while another mosque at World Trade Centre Abu Dhabi will be prepared to accept worshippers on April 30.
The Yas Acres mosque will have the capacity for 2,450 people and covers 3,300 square metres, serving not just local residents but surrounding communities as well.
These new mosques will bring the local community together at a most fitting time, to celebrate the holy month of Ramadan
It will have separate facilities for men and women and will also feature a library and a classroom for teaching of the Quran.
The World Trade Centre Abu Dhabi mosque will have capacity for more than 900 worshippers and cover more than 1,950 square metres. Male and female worshippers will be welcome at the facility, which is designed over three floors.
Aldar also plan to build Reem Central Park mosque, scheduled to open later this year, which will bring the number of Aldar mosques to nine. The facility will be able to cater to 2,000 worshippers.
As with all of Aldar's mosques, each of the three new facilities will be Pearl 2 rated – the second highest sustainability rating in Abu Dhabi's Estidama Pearl Rating System.
“Across each of our communities, we prioritise the creation of prayer and worship spaces to cater to the needs of our residents and those living in surrounding neighbourhoods," said Fahad Al Mahmood, chief ventures officer at Aldar Development.
"Our mosques at Yas Acres and World Trade Centre Abu Dhabi have been designed in a contemporary style to provide an uplifting and spiritual experience for worshippers, while adhering to high standards of green building guidelines.
"These new mosques will bring the local community together at a most fitting time, to celebrate the holy month of Ramadan.”
The company has previously built mosques at Ansam, West Yas, Al Ghadeer, Al Falah, Golf Gardens and Watani.
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Founder: Monark Modi
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Sector: Financial services
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Company name/date started: Abwaab Technologies / September 2019
Founders: Hamdi Tabbaa, co-founder and CEO. Hussein Alsarabi, co-founder and CTO
Based: Amman, Jordan
Sector: Education Technology
Size (employees/revenue): Total team size: 65. Full-time employees: 25. Revenue undisclosed
Stage: early-stage startup
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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