Dr Sultan Al Neyadi shared a video showing Cairo from space. Image: Screengrab
Dr Sultan Al Neyadi shared a video showing Cairo from space. Image: Screengrab
Dr Sultan Al Neyadi shared a video showing Cairo from space. Image: Screengrab
Dr Sultan Al Neyadi shared a video showing Cairo from space. Image: Screengrab

UAE

UAE in Space

Sultan Al Neyadi posts tribute to Egypt from International Space Station

Emirati astronaut shares video of Cairo from space

The National

March 28, 2023

  • English
  • Arabic

UAE astronaut Dr Sultan Al Neyadi has posted a tribute to Egypt from the International Space Station.

Dr Al Neyadi, 41, posted a video on Twitter showing Egypt from the space station, accompanied by a caption paying tribute to the Arab nation.

"The words of late Sheikh Zayed [bin Sultan Al Nahyan, the UAE's Founding Father] 'Egypt's renaissance is a renaissance for all Arabs' remain just as powerful and relevant today as when they were first spoken," he said.

"His enduring love for Egypt has seeped into the hearts of Emiratis nationwide.

"As I gaze down from space on this land, I extend my greetings to Egypt and its warm people."

In the video, Dr Al Neyadi zooms in to Egypt's capital city.

"I would like to share with you these clips of over Egypt, specifically Cairo," he said in Arabic.

"Let us zoom at Cairo from space. As you can see the Nile Delta has taken the shape of a flower.

"Cairo is one of the most beautiful cities I have ever visited in my life. It is shining bright. May God keep them safe and sound."

Dr Al Neyadi arrived at the orbiting laboratory on March 3 for a six-month mission, the Arab world’s first long-duration space trip.

On Friday, he marked the start of Ramadan with another video on Twitter and shared stunning views of the crescent moon becoming visible after the sunset.

Dr Al Neyadi spent his first week on board the ISS carrying out repairs to the bathroom and becoming a test subject for a heart study.

There are seven astronauts on board the station ― three Americans, three Russians and one Emirati.

Four astronauts — two Americans and two Saudis — will fly to the ISS on May 12 as part of a privately led mission by Axiom Space.

They will spend 10 days there, carrying out 20 science experiments.

It means there will be three Arabs in space together at the same time ― a record number.

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The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

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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 
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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