• A woman receives a dose of the Pfizer vaccine in a tent at the mobile vaccination centre in the Great Linden Hall in Markkleeberg, Germany. AP Photo
    A woman receives a dose of the Pfizer vaccine in a tent at the mobile vaccination centre in the Great Linden Hall in Markkleeberg, Germany. AP Photo
  • People enjoy the sunny weather on the bank of the Landwehrkanal in Berlin, Germany. Reuters
    People enjoy the sunny weather on the bank of the Landwehrkanal in Berlin, Germany. Reuters
  • People receive the AstraZeneca vaccine inside the city's main mosque, which has temporarily become a mass vaccination center, in Cologne, Germany. Getty Images
    People receive the AstraZeneca vaccine inside the city's main mosque, which has temporarily become a mass vaccination center, in Cologne, Germany. Getty Images
  • A man measures the distance between tables at a cafe as businesses reopen in Nicosia, Cyprus. EPA
    A man measures the distance between tables at a cafe as businesses reopen in Nicosia, Cyprus. EPA
  • An employee opens doors of a clothing store on a first day of the re-opening of retail stores in Prague, Czech Republic. Reuters
    An employee opens doors of a clothing store on a first day of the re-opening of retail stores in Prague, Czech Republic. Reuters
  • Workers from the culture and entertainment sector protest in Piazza Castello, Turin, Italy. EPA
    Workers from the culture and entertainment sector protest in Piazza Castello, Turin, Italy. EPA
  • People walk in via del Corso, downtown Rome, Italy. EPA
    People walk in via del Corso, downtown Rome, Italy. EPA
  • People crowd the beach in Barcelona, Spain. Barcelona residents were euphoric as the clock stroke midnight, ending a six-month-long national state of emergency and consequently, the local curfew. AP Photo
    People crowd the beach in Barcelona, Spain. Barcelona residents were euphoric as the clock stroke midnight, ending a six-month-long national state of emergency and consequently, the local curfew. AP Photo
  • Vials of the Pfizer-BioNTech vaccine at a vaccination center in Paris, France. AFP
    Vials of the Pfizer-BioNTech vaccine at a vaccination center in Paris, France. AFP

EU hopeful that Covid certificate will be ready by summer


Jamie Prentis
  • English
  • Arabic

The European Commission hopes to have its Covid-19 certificate in place by the end of June, which would allow for easier travel across the bloc in time for summer.

The digital health pass would show those who have been vaccinated, recovered from the virus or had a negative test. But the Commission, EU countries and the European Parliament still need to agree on important features, including whether faster but less accurate antigen tests are included.

Maros Sefcovic, vice-president of the Commission, believed the certificate would be ready for the summer.

Speaking after a meeting of European affairs ministers, he said he underlined “the need to get the legislative process across the finishing line by the end of this month.

“At the same time, I highlighted that it is crucial to set up IT and other technical aspects, because we want the member states connected to the EU gateway no later than by the end of June. We see this as a key development allowing us some degree of normality for this summer.”

Portugal’s European affairs chief, Ana Paula Zacarias, said it was hoped the certificate would be approved as soon as possible.

The European Parliament said no one will be obliged to use the certificate and it will not be regarded as a passport.

“For the certificate to work, it has to be on smartphones, it has to be interoperable, possible to check it. So it is quite the task to do it at the pan-European level", Mr Sefcovic said.

While the EU’s vaccination campaign was criticised at the beginning for being slow, more than 200 million doses have been administered.

Benefits of first-time home buyers' scheme
  • Priority access to new homes from participating developers
  • Discounts on sales price of off-plan units
  • Flexible payment plans from developers
  • Mortgages with better interest rates, faster approval times and reduced fees
  • DLD registration fee can be paid through banks or credit cards at zero interest rates

Baby Driver

Director: Edgar Wright

Starring: Ansel Elgort, Kevin Spacey, Jamie Foxx, Lily James

Three and a half stars

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 
COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%3A%3C%2Fstrong%3E%20Eco%20Way%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%20December%202023%3Cbr%3E%3Cstrong%3EFounder%3A%3C%2Fstrong%3E%20Ivan%20Kroshnyi%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%2C%20UAE%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Electric%20vehicles%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Bootstrapped%20with%20undisclosed%20funding.%20Looking%20to%20raise%20funds%20from%20outside%3Cbr%3E%3C%2Fp%3E%0A
The President's Cake

Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

Who was Alfred Nobel?

The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.

  • In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
  • Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
  • Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
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

Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

MATCH INFO

Syria v Australia
2018 World Cup qualifying: Asia fourth round play-off first leg
Venue: Hang Jebat Stadium (Malacca, Malayisa)
Kick-off: Thursday, 4.30pm (UAE)
Watch: beIN Sports HD

* Second leg in Australia scheduled for October 10

The Settlers

Director: Louis Theroux

Starring: Daniella Weiss, Ari Abramowitz

Rating: 5/5

Essentials
The flights

Return flights from Dubai to Windhoek, with a combination of Emirates and Air Namibia, cost from US$790 (Dh2,902) via Johannesburg.
The trip
A 10-day self-drive in Namibia staying at a combination of the safari camps mentioned – Okonjima AfriCat, Little Kulala, Desert Rhino/Damaraland, Ongava – costs from $7,000 (Dh25,711) per person, including car hire (Toyota 4x4 or similar), but excluding international flights, with The Luxury Safari Company.
When to go
The cooler winter months, from June to September, are best, especially for game viewing. 

Our legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

THE BIO

Bio Box

Role Model: Sheikh Zayed, God bless his soul

Favorite book: Zayed Biography of the leader

Favorite quote: To be or not to be, that is the question, from William Shakespeare's Hamlet

Favorite food: seafood

Favorite place to travel: Lebanon

Favorite movie: Braveheart