Signatories of the Artemis Accords, an international agreement led by the US that sets guidelines for responsible space exploration, met in-person for the first time on Monday at the International Astronautical Congress in Paris.
There are 21 signatories of the accords, including the UAE, Saudi Arabia and Bahrain.
China, Russia and India — all countries with a strong space programme — have yet to sign the agreement.
The accords aim to ensure responsible behaviour in space, especially the Moon, as countries look to launch crewed exploration missions to the its surface and to acquire lunar resources.
It is not yet legally binding and serves only as a framework for countries.
Sarah Al Amiri, Minister of State for Public Education and Advanced Technology and chairwoman of the UAE Space Agency, attended the signatories’ meeting on behalf of the UAE.
“During this meeting, heads of space agencies discussed future plans in the industry to ensure the safety of humans and deconfliction of activities on the Moon, as well as the importance of the Accords to emerging space nations,” she said.
The UAE signed the accords in October 2020 and is working towards realising its long-term Moon exploration ambitions.
Its goals include developing and launching a number of rovers and orbiters to the Moon, as well as plans to send an Emirati to the surface.
Mike Gold, the former acting associate administrator for Nasa's Office of International and Interagency Relations, in 2020 told The National that the Artemis partnership lays the groundwork for partner countries to collaborate on lunar missions.
“The UAE can, and we hope will, become a strong and robust partner in the Artemis programme,” said Mr Gold, referring to a project that seeks to establish a human base on the Moon.
“We look forward to collaborating not only on lunar rovers, but on other forms of science and orbiters, and eventually human spaceflight as well.
“The UAE is not only ambitious, but it follows ambitions with funding and actions, which is why they are such an excellent partner for us to join in this unprecedented journey of discovery that is.”
Last year, the UAE Space Agency and Nasa held meetings to discuss the Artemis programme.
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Graphene is extracted from graphite and is made up of pure carbon.
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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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