• Two three-metre cages containing hundreds of fish are set up in Umm Al Quwain Creek to encourage breeding. Courtesy: Ministry of Climate Change and Environment
    Two three-metre cages containing hundreds of fish are set up in Umm Al Quwain Creek to encourage breeding. Courtesy: Ministry of Climate Change and Environment
  • Fish are protected from natural predators to improve hatch rates. Courtesy: Ministry of Climate Change and Environment
    Fish are protected from natural predators to improve hatch rates. Courtesy: Ministry of Climate Change and Environment
  • Overfished local species are included in a hatchery project aimed at boosting stocks in Umm Al Quwain. Courtesy: Ministry of Climate Change and Environment
    Overfished local species are included in a hatchery project aimed at boosting stocks in Umm Al Quwain. Courtesy: Ministry of Climate Change and Environment
  • Adult fish were caught in the wild and included in the hatchery project to improve stocks. Courtesy: Ministry of Climate Change and Environment
    Adult fish were caught in the wild and included in the hatchery project to improve stocks. Courtesy: Ministry of Climate Change and Environment
  • Overfished local species are included in a hatchery project aimed at boosting stocks in Umm Al Quwain. Courtesy: Ministry of Climate Change and Environment
    Overfished local species are included in a hatchery project aimed at boosting stocks in Umm Al Quwain. Courtesy: Ministry of Climate Change and Environment
  • Fish are protected from natural predators to improve hatch rates. Courtesy: Ministry of Climate Change and Environment
    Fish are protected from natural predators to improve hatch rates. Courtesy: Ministry of Climate Change and Environment
  • Adult fish were caught in the wild and included in the hatchery project to improve stocks. Courtesy: Ministry of Climate Change and Environment
    Adult fish were caught in the wild and included in the hatchery project to improve stocks. Courtesy: Ministry of Climate Change and Environment
  • The Umm Al Quwain hatchery project helped boost stocks of overfished local species. Courtesy: Ministry of Climate Change and Environment
    The Umm Al Quwain hatchery project helped boost stocks of overfished local species. Courtesy: Ministry of Climate Change and Environment

UAE fish-breeding project boosts popular local species


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A fish-breeding project in the UAE has helped boost stocks of popular hammour, sheri and Safi by about 80 per cent.

The hatchery project, set up in Umm Al Quwain creek, seeks to breed endangered species that are commercially popular but have been drastically overfished.

Stocks of species such as hammour and sheri have declined by more than 85 per cent, according to a study by the Environment Agency Abu Dhabi last year.

Two cylindrical cages, three metres in diameter and 3.6m tall, were filled with hundreds of wild-caught mature fish of breeding age in February.

Breeding season begins in July but researchers moved the fish over early to give them time to acclimatise to their new environment.

They were released into the Creek after the breeding season ended.

The cages provide shelter from predators and help protect the eggs from natural threats to ultimately improve hatch rates.

The breeding programme has seen hatch rates increase by 80 per cent. Courtesy: Ministry of Climate Change and Environment
The breeding programme has seen hatch rates increase by 80 per cent. Courtesy: Ministry of Climate Change and Environment

Variations of sheri (emperor fish), safi (rabbit fish), gabit (goldlined sea bream), badh (longtail silver-biddy), hammour (orange-spotted grouper), jash (trevally) and zeridy were bred under the programme.

It was managed by the Ministry of Climate Change and Environment in collaboration with the emirate’s Department of Economic Development and Umm Al Quwain Co-operative Society for Fishermen.

Ahmed Alzabi, director of the Marine Environment Research Centres Department at the Ministry, said eliminating the external stressors found in open marine ecosystems, including fishing and predation, during spawning season helped improve hatch rates.

“The cages held 300 broodstock of Arabian sheri fish with a male-to-female ratio of 1:2,” he said.

“By the end of the three-month spawning season, the hatch rate improved noticeably, exceeding 80 per cent.”

Mr Alzabi said the site in the creek was carefully chosen to have the best conditions for fish to spawn. Factors including current patterns and depth were studied and the creek was ultimately selected because it is surrounded by a green mangrove forest that can easily support aquatic life.

“Prior to launching the project, we conducted extensive research to confirm that placing the cage nets in Umm Al Quwain Creek would not disturb the existing ecosystem,” he said.

“Building on the success of the project, we will continue with other fish species.”

The project is part of the Ministry’s wider goal of rehabilitating marine life. It is also working on cultivating coral reefs and mangroves, installing artificial caves to promote fish breeding and building tidal pools.

UAE hatcheries produce about 35 million fingerlings, or juvenile fish, each year.

Sheikh Khalifa Marine Research Centre in Umm Al Quwain produces 30 million fish fingerlings per year while the Aquaculture and Marine Studies Centre at Abu Al Abyad island in Abu Dhabi produces five million.

UAE currency: the story behind the money in your pockets
How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

Top investing tips for UAE residents in 2021

Build an emergency fund: Make sure you have enough cash to cover six months of expenses as a buffer against unexpected problems before you begin investing, advises Steve Cronin, the founder of DeadSimpleSaving.com.

Think long-term: When you invest, you need to have a long-term mindset, so don’t worry about momentary ups and downs in the stock market.

Invest worldwide: Diversify your investments globally, ideally by way of a global stock index fund.

Is your money tied up: Avoid anything where you cannot get your money back in full within a month at any time without any penalty.

Skip past the promises: “If an investment product is offering more than 10 per cent return per year, it is either extremely risky or a scam,” Mr Cronin says.

Choose plans with low fees: Make sure that any funds you buy do not charge more than 1 per cent in fees, Mr Cronin says. “If you invest by yourself, you can easily stay below this figure.” Managed funds and commissionable investments often come with higher fees.

Be sceptical about recommendations: If someone suggests an investment to you, ask if they stand to gain, advises Mr Cronin. “If they are receiving commission, they are unlikely to recommend an investment that’s best for you.”

Get financially independent: Mr Cronin advises UAE residents to pursue financial independence. Start with a Google search and improve your knowledge via expat investing websites or Facebook groups such as SimplyFI. 

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

Conflict, drought, famine

Estimates of the number of deaths caused by the famine range from 400,000 to 1 million, according to a document prepared for the UK House of Lords in 2024.
It has been claimed that the policies of the Ethiopian government, which took control after deposing Emperor Haile Selassie in a military-led revolution in 1974, contributed to the scale of the famine.
Dr Miriam Bradley, senior lecturer in humanitarian studies at the University of Manchester, has argued that, by the early 1980s, “several government policies combined to cause, rather than prevent, a famine which lasted from 1983 to 1985. Mengistu’s government imposed Stalinist-model agricultural policies involving forced collectivisation and villagisation [relocation of communities into planned villages].
The West became aware of the catastrophe through a series of BBC News reports by journalist Michael Buerk in October 1984 describing a “biblical famine” and containing graphic images of thousands of people, including children, facing starvation.

Band Aid

Bob Geldof, singer with the Irish rock group The Boomtown Rats, formed Band Aid in response to the horrific images shown in the news broadcasts.
With Midge Ure of the band Ultravox, he wrote the hit charity single Do They Know it’s Christmas in December 1984, featuring a string of high-profile musicians.
Following the single’s success, the idea to stage a rock concert evolved.
Live Aid was a series of simultaneous concerts that took place at Wembley Stadium in London, John F Kennedy Stadium in Philadelphia, the US, and at various other venues across the world.
The combined event was broadcast to an estimated worldwide audience of 1.5 billion.

 

 

The biog

Profession: Senior sports presenter and producer

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Favourite book: Al Nabi by Jibran Khalil Jibran

Favourite food: Italian and Lebanese food

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The specs
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Goalkeepers: Franco Armani, Agustin Marchesin, Esteban Andrada
Defenders: Juan Foyth, Nicolas Otamendi, German Pezzella, Nicolas Tagliafico, Ramiro Funes Mori, Renzo Saravia, Marcos Acuna, Milton Casco
Midfielders: Leandro Paredes, Guido Rodriguez, Giovani Lo Celso, Exequiel Palacios, Roberto Pereyra, Rodrigo De Paul, Angel Di Maria
Forwards: Lionel Messi, Sergio Aguero, Lautaro Martinez, Paulo Dybala, Matias Suarez

Results

Stage Two:

1. Mark Cavendish (GBR) QuickStep-AlphaVinyl 04:20:45

2. Jasper Philipsen (BEL) Alpecin-Fenix

3. Pascal Ackermann (GER) UAE Team Emirates

4. Olav Kooij (NED) Jumbo-Visma

5. Arnaud Demare (FRA) Groupama-FDJ

General Classification:

1. Jasper Philipsen (BEL) Alpecin-Fenix 09:03:03

2. Dmitry Strakhov (RUS) Gazprom-Rusvelo 00:00:04

3. Mark Cavendish (GBR) QuickStep-AlphaVinyl 00:00:06

4. Sam Bennett (IRL) Bora-Hansgrohe 00:00:10

5. Pascal Ackermann (GER) UAE Team Emirates 00:00:12

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COMPANY PROFILE

Company: Bidzi

● Started: 2024

● Founders: Akshay Dosaj and Asif Rashid

● Based: Dubai, UAE

● Industry: M&A

● Funding size: Bootstrapped

● No of employees: Nine

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