• British pop star Sir Elton John sings for his White House supper. EPA
    British pop star Sir Elton John sings for his White House supper. EPA
  • The event was presented in collaboration with A+E Networks and The History Channel and called 'A Night When Hope and History Rhyme'. Bloomberg
    The event was presented in collaboration with A+E Networks and The History Channel and called 'A Night When Hope and History Rhyme'. Bloomberg
  • Elton John on the South Lawn of the White House in Washington on Friday. Bloomberg
    Elton John on the South Lawn of the White House in Washington on Friday. Bloomberg
  • President Joe Biden announces he is going to present Elton John with the National Humanities Medal after a concert on the South Lawn of the White House in Washington, Friday, Sept. 23, 2022. (AP Photo / Susan Walsh)
    President Joe Biden announces he is going to present Elton John with the National Humanities Medal after a concert on the South Lawn of the White House in Washington, Friday, Sept. 23, 2022. (AP Photo / Susan Walsh)
  • Sir Elton was overcome with emotion at the unexpected announcement. AFP
    Sir Elton was overcome with emotion at the unexpected announcement. AFP
  • President Joe Biden presents Elton John with the National Humanities Medal after the concert. AP
    President Joe Biden presents Elton John with the National Humanities Medal after the concert. AP
  • Elton John after accepting the National Humanities Medal from US President Joe Biden. Reuters
    Elton John after accepting the National Humanities Medal from US President Joe Biden. Reuters
  • Mr Biden lauded Sir Elton for his charitable work with the Elton John Aids Foundation. Reuters
    Mr Biden lauded Sir Elton for his charitable work with the Elton John Aids Foundation. Reuters
  • Sir Elton told first lady Jill Biden that he was absolutely 'flabbergasted'. AP
    Sir Elton told first lady Jill Biden that he was absolutely 'flabbergasted'. AP
  • Jill Biden applauds as US President Joe Biden embraces Sir Elton John during the event at the White House in Washington. UPI
    Jill Biden applauds as US President Joe Biden embraces Sir Elton John during the event at the White House in Washington. UPI
  • Joe Biden looks on as Jill Biden embraces Elton John. UPI
    Joe Biden looks on as Jill Biden embraces Elton John. UPI
  • Sir Elton was visibly taken aback by the honour. Bloomberg
    Sir Elton was visibly taken aback by the honour. Bloomberg
  • Sir Elton, who performed for former president Bill Clinton in 1998, has repeatedly demanded that Donald Trump not use his music at campaign rallies. AP
    Sir Elton, who performed for former president Bill Clinton in 1998, has repeatedly demanded that Donald Trump not use his music at campaign rallies. AP
  • David Furnish greets Sir Elton, his partner, after President Biden presented the award. AP
    David Furnish greets Sir Elton, his partner, after President Biden presented the award. AP
  • Paul Buccieri, president and chairman of A+E Networks Group and Mr listen as Elton John performs one of his many hit songs. AP
    Paul Buccieri, president and chairman of A+E Networks Group and Mr listen as Elton John performs one of his many hit songs. AP
  • David Furnish, Sir Elton John, President Joe Biden and Jill Biden. AP
    David Furnish, Sir Elton John, President Joe Biden and Jill Biden. AP
  • Joe Biden and his wife Jill are not shy about demonstrating affection in public. Bloomberg
    Joe Biden and his wife Jill are not shy about demonstrating affection in public. Bloomberg
  • The concert venue on the White House South Lawn in Washington. AFP
    The concert venue on the White House South Lawn in Washington. AFP
  • The Bidens arrive for the concert. Reuters
    The Bidens arrive for the concert. Reuters
  • Not only is Billie Jean King, in blue, part of the Elton John Aids Foundation, the pop star also wrote 'Philadelphia Freedom' for her in 1975. AP
    Not only is Billie Jean King, in blue, part of the Elton John Aids Foundation, the pop star also wrote 'Philadelphia Freedom' for her in 1975. AP
  • Former British prime minister Tony Blair, left, with US President Bill Clinton, right, thanking Elton John and Stevie Wonder after the duo performed at the White House State Dinner on, February 5, 1998. PA
    Former British prime minister Tony Blair, left, with US President Bill Clinton, right, thanking Elton John and Stevie Wonder after the duo performed at the White House State Dinner on, February 5, 1998. PA

Biden shocks tearful Sir Elton John with Humanities Award


Holly Aguirre
  • English
  • Arabic

Sir Elton John gave a special performance for US President Joe Biden, first lady Jill Biden and about 2,000 “everyday history makers” on Friday night.

Those attending on the South Lawn of the White House included teachers, first responders and veterans, as well as Transport Secretary Pete Buttigieg, former first lady Laura Bush and her daughter Jenna Bush Hager, singer Anna Kendrick, activist Malala Yousafzai and tennis legend Billie Jean King.

"Elton once said, 'Music has healing power. It has the ability to take people out of themselves for just a few hours'," Ms Biden said in opening remarks.

"We’re here tonight to once again lose ourselves and be brought together, perhaps even healed, by the power of music."

The event signals the return of A-list celebrities to Washington after a four-year, Trump-inspired backlash.

Sir Elton, 75, avoided the Trump White House, starting with the Republican’s 2017 inauguration.

The British musician said he did not think it was appropriate for someone with his heritage to play at the swearing-in of an American president.

"Elton found his voice … to help others and help them find their voice," Mr Biden said.

"Elton often talked about how American music changed his life and how the different genres and sounds influenced his own music and imagination.

"It’s clear Elton John’s music has changed our lives. And to Elton, on behalf of the American people, thank you — and I sincerely mean this — thank you for moving the soul of our nation."

After belting out some of his biggest hits, including Tiny Dancer, Rocketman, Your Song and I’m Still Standing, Sir Elton received seven standing ovations.

But when the Bidens surprised the singer with the National Humanities Medal, the Grammy Award-winning star was moved to tears and was nearly speechless.

  • Sir Elton John performs during his Farewell Yellow Brick Road Tour at the Smoothie King Centre in New Orleans, Louisiana, on January 19, 2022. AFP
    Sir Elton John performs during his Farewell Yellow Brick Road Tour at the Smoothie King Centre in New Orleans, Louisiana, on January 19, 2022. AFP
  • Sir Elton and television personality Sir David Frost are presented to Queen Elizabeth II at Windsor in 1977. PA
    Sir Elton and television personality Sir David Frost are presented to Queen Elizabeth II at Windsor in 1977. PA
  • Queen Elizabeth meets Sir Elton backstage at the Diamond Jubilee Concert 2022 outside Buckingham Palace, London. PA
    Queen Elizabeth meets Sir Elton backstage at the Diamond Jubilee Concert 2022 outside Buckingham Palace, London. PA
  • The singer-songwriter wearing a pair of his flamboyant trademark spectacles in 1974. Getty Images
    The singer-songwriter wearing a pair of his flamboyant trademark spectacles in 1974. Getty Images
  • Princess Margaret with Sir Elton at an event in 1974. Getty Images
    Princess Margaret with Sir Elton at an event in 1974. Getty Images
  • Singer Britney Spears and Sir Elton attend the 21st Elton John Aids Foundation Academy Awards Viewing Party at Pacific Design Centre in West Hollywood, California. Getty Images / AFP
    Singer Britney Spears and Sir Elton attend the 21st Elton John Aids Foundation Academy Awards Viewing Party at Pacific Design Centre in West Hollywood, California. Getty Images / AFP
  • Sir Elton, in a fur coat and metallic boots with flared trousers, poses in the bar of the London Palladium during rehearsals for the Royal Variety Performance in October 1972. Getty Images
    Sir Elton, in a fur coat and metallic boots with flared trousers, poses in the bar of the London Palladium during rehearsals for the Royal Variety Performance in October 1972. Getty Images
  • Sir Elton performs at Dodger Stadium in Los Angeles, California, in 1975. Terry / Iconic Images
    Sir Elton performs at Dodger Stadium in Los Angeles, California, in 1975. Terry / Iconic Images
  • Sir Elton performs at the Hammersmith Odeon in London in 1982. Getty Images
    Sir Elton performs at the Hammersmith Odeon in London in 1982. Getty Images
  • Sir Elton with Renate Blauel on their wedding day at St Mark's Church in Sydney, Australia, on February 14, 1984. Getty Images
    Sir Elton with Renate Blauel on their wedding day at St Mark's Church in Sydney, Australia, on February 14, 1984. Getty Images
  • Sir Elton attends the FA Cup Final at Wembley Stadium, London, on May 19, 1984. Getty Images
    Sir Elton attends the FA Cup Final at Wembley Stadium, London, on May 19, 1984. Getty Images
  • Sir Elton with David Beckham and Italian singer Zucchero Fornaciari during Versace's autumn/winter 1998-99 show in Milan, Italy. EPA
    Sir Elton with David Beckham and Italian singer Zucchero Fornaciari during Versace's autumn/winter 1998-99 show in Milan, Italy. EPA
  • Sir Elton leaves a New York City concert on July 27, 1999. Getty Images
    Sir Elton leaves a New York City concert on July 27, 1999. Getty Images
  • Sir Elton performs with rapper Eminem at the 2001 Grammy Awards at the Staples Centre in Los Angeles on February 21, 2001. Getty Images
    Sir Elton performs with rapper Eminem at the 2001 Grammy Awards at the Staples Centre in Los Angeles on February 21, 2001. Getty Images
  • Sir Elton at Caesars Palace in Las Vegas, Nevada, in 2005. Getty Images
    Sir Elton at Caesars Palace in Las Vegas, Nevada, in 2005. Getty Images
  • Sir Elton and Elizabeth Hurley attend a Chopard party during the 59th International Cannes Film Festival in 2006. Getty Images
    Sir Elton and Elizabeth Hurley attend a Chopard party during the 59th International Cannes Film Festival in 2006. Getty Images
  • Jon Bon Jovi and Sir Elton attend the Mojo Honours List awards at Shoreditch Town Hall in London. Getty Images
    Jon Bon Jovi and Sir Elton attend the Mojo Honours List awards at Shoreditch Town Hall in London. Getty Images
  • The crocodile detail on the back of Sir Elton's suit during a performance in Sydney, Australia. Getty Images
    The crocodile detail on the back of Sir Elton's suit during a performance in Sydney, Australia. Getty Images
  • Sir Elton performs at Emirates Palace, Abu Dhabi, on January 22, 2008. Joseph J Capellan / ADMC
    Sir Elton performs at Emirates Palace, Abu Dhabi, on January 22, 2008. Joseph J Capellan / ADMC
  • Sir Elton after being made a member of the Order of the Companions of Honour for services to Music and to Charity during an investiture ceremony at Windsor Castle on November 10, 2021. Getty Images
    Sir Elton after being made a member of the Order of the Companions of Honour for services to Music and to Charity during an investiture ceremony at Windsor Castle on November 10, 2021. Getty Images
  • Sir Elton wanders through Portofino, Italy, on August 12, 2008. Getty Images
    Sir Elton wanders through Portofino, Italy, on August 12, 2008. Getty Images
  • Sir Elton and David Furnish attend the wedding of Prince William and Catherine at Westminster Abbey, London, on April 29, 2011. Getty Images
    Sir Elton and David Furnish attend the wedding of Prince William and Catherine at Westminster Abbey, London, on April 29, 2011. Getty Images
  • Sir Elton performs during Queen Elizabeth's diamond jubilee concert at Buckingham Palace, London, on June 4, 2012. Getty Images
    Sir Elton performs during Queen Elizabeth's diamond jubilee concert at Buckingham Palace, London, on June 4, 2012. Getty Images
  • Ed Sheeran and Sir Elton pose backstage during the 55th Annual Grammy Awards at the Staples Centre in Los Angeles, California, on February 9, 2013. WireImage
    Ed Sheeran and Sir Elton pose backstage during the 55th Annual Grammy Awards at the Staples Centre in Los Angeles, California, on February 9, 2013. WireImage
  • Sir Elton performs at 2015 Rock in Rio in Rio de Janeiro, Brazil, on September 20, 2015. Getty Images
    Sir Elton performs at 2015 Rock in Rio in Rio de Janeiro, Brazil, on September 20, 2015. Getty Images
  • David Furnish and Sir Elton leave St George's Chapel at Windsor Castle after the wedding of Meghan Markle and Prince Harry on May 19, 2018. Getty Images
    David Furnish and Sir Elton leave St George's Chapel at Windsor Castle after the wedding of Meghan Markle and Prince Harry on May 19, 2018. Getty Images
  • Sir Elton and Taron Egerton attend a Rocketman photocall during the 72nd Annual Cannes Film Festival on May 16, 2019. Getty Images
    Sir Elton and Taron Egerton attend a Rocketman photocall during the 72nd Annual Cannes Film Festival on May 16, 2019. Getty Images
  • The 'Rocketman' detail on the back of Sir Elton's suit at the film's Cannes Film Festival premiere in May 2019. Getty Images
    The 'Rocketman' detail on the back of Sir Elton's suit at the film's Cannes Film Festival premiere in May 2019. Getty Images
  • Sir Elton attends the European premiere of The Lion King at Odeon Luxe Leicester Square on July 14, 2019. Getty Images
    Sir Elton attends the European premiere of The Lion King at Odeon Luxe Leicester Square on July 14, 2019. Getty Images
  • Sir Elton performs at the A Day On The Green music festival in Geelong, Australia, on December 7, 2019. EPA
    Sir Elton performs at the A Day On The Green music festival in Geelong, Australia, on December 7, 2019. EPA
  • Sir Elton performs at Mission Estate, New Zealand, on February 6, 2020. Getty Images
    Sir Elton performs at Mission Estate, New Zealand, on February 6, 2020. Getty Images
  • Sir Elton pays tribute to Billie Jean King during the Laureus World Sports Awards 2021 Virtual Award Ceremony on May 6, 2021. Getty Images
    Sir Elton pays tribute to Billie Jean King during the Laureus World Sports Awards 2021 Virtual Award Ceremony on May 6, 2021. Getty Images

"I just said to the first lady, 'I’m never flabbergasted', but I’m flabbergasted and humbled and honoured by this incredible award from the United States of America," said Sir Elton.

"Your kindness — America’s kindness to me as a musician is second to none. But in the war against Aids and HIV, it’s even bigger.

"And I can’t thank you enough. I’m really — I’m really emotional about this.

Sir Elton also took a moment to talk about the continued work through the Elton John Aids Foundation.

“Since I founded the Foundation at my kitchen table in Atlanta 30 years ago, I made a commitment not to leave anyone behind and will continue on this mission,” he said.

“We are striving for a future where people of all races, ethnicities, nationalities, sexual orientations and gender identities have the opportunity to live free from Aids, stigma, injustice and maltreatment – and I’m so grateful recognition like this brings us a step closer to making that a reality.”

It was this first White House gig since he performed with Stevie Wonder at a state dinner in 1998 to honour US president Bill Clinton and UK prime minister Sir Tony Blair.

Sir Elton is on a farewell tour that began in July after more than 50 years of performing.

A&E's stars-studded History Talks event in Washington -- in pictures

  • Human rights lawyer Amal Clooney and actor husband George Clooney arrive at HistoryTalks in Washington.
    Human rights lawyer Amal Clooney and actor husband George Clooney arrive at HistoryTalks in Washington.
  • Chef and philanthropist Jose Andres arrives at the HistoryTalks speaker series for a one-hour discussion along with former US president Bill Clinton and actor Tom Hanks, moderated by Mr Clinton's daughter, Chelsea, on Saturday at DAR Constitution Hall, Washington. All photos: AP
    Chef and philanthropist Jose Andres arrives at the HistoryTalks speaker series for a one-hour discussion along with former US president Bill Clinton and actor Tom Hanks, moderated by Mr Clinton's daughter, Chelsea, on Saturday at DAR Constitution Hall, Washington. All photos: AP
  • Education rights activist and Nobel Peace Prize winner Malala Yousafzai arrives at HistoryTalks on Saturday.
    Education rights activist and Nobel Peace Prize winner Malala Yousafzai arrives at HistoryTalks on Saturday.
  • Ms Yousafzai at DAR Constitution Hall in Washington.
    Ms Yousafzai at DAR Constitution Hall in Washington.
  • US TV personality Gayle King at HistoryTalks.
    US TV personality Gayle King at HistoryTalks.
  • US TV personality Gayle King at HistoryTalks.
    US TV personality Gayle King at HistoryTalks.
  • Tennis star sisters Venus, left, and Serena Williams at HistoryTalks on Saturday.
    Tennis star sisters Venus, left, and Serena Williams at HistoryTalks on Saturday.
  • Actress Anna Kendrick on the HistoryTalks red carpet.
    Actress Anna Kendrick on the HistoryTalks red carpet.
  • Actress Anna Kendrick on the HistoryTalks red carpet.
    Actress Anna Kendrick on the HistoryTalks red carpet.
  • Human rights lawyer Amal Clooney and actor husband George Clooney arrive at HistoryTalks in Washington.
    Human rights lawyer Amal Clooney and actor husband George Clooney arrive at HistoryTalks in Washington.
  • US author Doris Kearns Goodwin at HistoryTalks.
    US author Doris Kearns Goodwin at HistoryTalks.
  • US author Doris Kearns Goodwin at HistoryTalks.
    US author Doris Kearns Goodwin at HistoryTalks.
  • Tennis legend Billie Jean King arrives for the speaker series on Saturday.
    Tennis legend Billie Jean King arrives for the speaker series on Saturday.
  • Tennis legend Billie Jean King arrives for the speaker series on Saturday.
    Tennis legend Billie Jean King arrives for the speaker series on Saturday.
  • Actor Bradley Cooper arrives.
    Actor Bradley Cooper arrives.
  • Actor Bradley Cooper arrives.
    Actor Bradley Cooper arrives.
  • Actress Julia Roberts at HistoryTalks on Saturday.
    Actress Julia Roberts at HistoryTalks on Saturday.
  • Moderator Chelsea Clinton arrives at HistoryTalks to keep control of her father, former president Bill Clinton, actor Tom Hanks and philanthropist chef Jose Andres.
    Moderator Chelsea Clinton arrives at HistoryTalks to keep control of her father, former president Bill Clinton, actor Tom Hanks and philanthropist chef Jose Andres.
  • Ms Clinton arrives at HistoryTalks.
    Ms Clinton arrives at HistoryTalks.
  • Canadian filmmaker David Furnish arrives at HistoryTalks on Saturday.
    Canadian filmmaker David Furnish arrives at HistoryTalks on Saturday.
  • Canadian filmmaker David Furnish arrives at HistoryTalks on Saturday.
    Canadian filmmaker David Furnish arrives at HistoryTalks on Saturday.
  • US photojournalist Pete Souza.
    US photojournalist Pete Souza.
  • US photojournalist Pete Souza.
    US photojournalist Pete Souza.
  • Pulitzer Prize-winning author and academic Marcia Chatelain.
    Pulitzer Prize-winning author and academic Marcia Chatelain.
  • Pulitzer Prize-winning author and academic Marcia Chatelain.
    Pulitzer Prize-winning author and academic Marcia Chatelain.
  • Haitian-American actress Garcelle Beauvais arrives at DAR Constitution Hall in Washington.
    Haitian-American actress Garcelle Beauvais arrives at DAR Constitution Hall in Washington.
  • Haitian-American actress Garcelle Beauvais arrives at DAR Constitution Hall in Washington.
    Haitian-American actress Garcelle Beauvais arrives at DAR Constitution Hall in Washington.
  • American civil rights activist Ruby Bridges.
    American civil rights activist Ruby Bridges.
  • American civil rights activist Ruby Bridges.
    American civil rights activist Ruby Bridges.

Agencies contributed to this report

The biog

Age: 23

Occupation: Founder of the Studio, formerly an analyst at Cleveland Clinic Abu Dhabi

Education: Bachelor of science in industrial engineering

Favourite hobby: playing the piano

Favourite quote: "There is a key to every door and a dawn to every dark night"

Family: Married and with a daughter

The biog

Family: wife, four children, 11 grandchildren, 16 great-grandchildren

Reads: Newspapers, historical, religious books and biographies

Education: High school in Thatta, a city now in Pakistan

Regrets: Not completing college in Karachi when universities were shut down following protests by freedom fighters for the British to quit India 

 

Happiness: Work on creative ideas, you will also need ideals to make people happy

Stormy seas

Weather warnings show that Storm Eunice is soon to make landfall. The videographer and I are scrambling to return to the other side of the Channel before it does. As we race to the port of Calais, I see miles of wire fencing topped with barbed wire all around it, a silent ‘Keep Out’ sign for those who, unlike us, aren’t lucky enough to have the right to move freely and safely across borders.

We set sail on a giant ferry whose length dwarfs the dinghies migrants use by nearly a 100 times. Despite the windy rain lashing at the portholes, we arrive safely in Dover; grateful but acutely aware of the miserable conditions the people we’ve left behind are in and of the privilege of choice. 

TO%20CATCH%20A%20KILLER
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The specs

Engine: 1.5-litre 4-cylinder petrol

Power: 154bhp

Torque: 250Nm

Transmission: 7-speed automatic with 8-speed sports option 

Price: From Dh79,600

On sale: Now

EMERGENCY PHONE NUMBERS

Estijaba – 8001717 –  number to call to request coronavirus testing

Ministry of Health and Prevention – 80011111

Dubai Health Authority – 800342 – The number to book a free video or voice consultation with a doctor or connect to a local health centre

Emirates airline – 600555555

Etihad Airways – 600555666

Ambulance – 998

Knowledge and Human Development Authority – 8005432 ext. 4 for Covid-19 queries

The Rub of Time: Bellow, Nabokov, Hitchens, Travolta, Trump and Other Pieces 1986-2016
Martin Amis,
Jonathan Cape

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Infobox

Western Region Asia Cup Qualifier, Al Amerat, Oman

The two finalists advance to the next stage of qualifying, in Malaysia in August

Results

UAE beat Iran by 10 wickets

Kuwait beat Saudi Arabia by eight wickets

Oman beat Bahrain by nine wickets

Qatar beat Maldives by 106 runs

Monday fixtures

UAE v Kuwait, Iran v Saudi Arabia, Oman v Qatar, Maldives v Bahrain

Multitasking pays off for money goals

Tackling money goals one at a time cost financial literacy expert Barbara O'Neill at least $1 million.

That's how much Ms O'Neill, a distinguished professor at Rutgers University in the US, figures she lost by starting saving for retirement only after she had created an emergency fund, bought a car with cash and purchased a home.

"I tell students that eventually, 30 years later, I hit the million-dollar mark, but I could've had $2 million," Ms O'Neill says.

Too often, financial experts say, people want to attack their money goals one at a time: "As soon as I pay off my credit card debt, then I'll start saving for a home," or, "As soon as I pay off my student loan debt, then I'll start saving for retirement"."

People do not realise how costly the words "as soon as" can be. Paying off debt is a worthy goal, but it should not come at the expense of other goals, particularly saving for retirement. The sooner money is contributed, the longer it can benefit from compounded returns. Compounded returns are when your investment gains earn their own gains, which can dramatically increase your balances over time.

"By putting off saving for the future, you are really inhibiting yourself from benefiting from that wonderful magic," says Kimberly Zimmerman Rand , an accredited financial counsellor and principal at Dragonfly Financial Solutions in Boston. "If you can start saving today ... you are going to have a lot more five years from now than if you decide to pay off debt for three years and start saving in year four."

The specs: 2018 Nissan Patrol Nismo

Price: base / as tested: Dh382,000

Engine: 5.6-litre V8

Gearbox: Seven-speed automatic

Power: 428hp @ 5,800rpm

Torque: 560Nm @ 3,600rpm

Fuel economy, combined: 12.7L / 100km

UAE Team Emirates

Valerio Conti (ITA)
Alessandro Covi (ITA)
Joe Dombrowski (USA)
Davide Formolo (ITA)
Fernando Gaviria (COL)
Sebastian Molano (COL)
Maximiliano Richeze (ARG)
Diego Ulissi (ITAS)

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%3Cp%3EAuthor%3A%20Kaoutar%20Harchi%C2%A0%3C%2Fp%3E%0A%3Cp%3EPublisher%3A%20Other%20Press%3C%2Fp%3E%0A%3Cp%3EPages%3A%20176%3C%2Fp%3E%0A%3Cp%3EAvailable%3A%20Now%3C%2Fp%3E%0A
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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The specs

Engine: 4.0-litre V8 twin-turbocharged and three electric motors

Power: Combined output 920hp

Torque: 730Nm at 4,000-7,000rpm

Transmission: 8-speed dual-clutch automatic

Fuel consumption: 11.2L/100km

On sale: Now, deliveries expected later in 2025

Price: expected to start at Dh1,432,000

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The Sheikh Zayed Future Energy Prize

This year’s winners of the US$4 million Sheikh Zayed Future Energy Prize will be recognised and rewarded in Abu Dhabi on January 15 as part of Abu Dhabi Sustainable Week, which runs in the capital from January 13 to 20.

From solutions to life-changing technologies, the aim is to discover innovative breakthroughs to create a new and sustainable energy future.

How to increase your savings
  • Have a plan for your savings.
  • Decide on your emergency fund target and once that's achieved, assign your savings to another financial goal such as saving for a house or investing for retirement.
  • Decide on a financial goal that is important to you and put your savings to work for you.
  • It's important to have a purpose for your savings as it helps to keep you motivated to continue while also reducing the temptation to spend your savings. 

- Carol Glynn, founder of Conscious Finance Coaching

 

 

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Key figures in the life of the fort

Sheikh Dhiyab bin Isa (ruled 1761-1793) Built Qasr Al Hosn as a watchtower to guard over the only freshwater well on Abu Dhabi island.

Sheikh Shakhbut bin Dhiyab (ruled 1793-1816) Expanded the tower into a small fort and transferred his ruling place of residence from Liwa Oasis to the fort on the island.

Sheikh Tahnoon bin Shakhbut (ruled 1818-1833) Expanded Qasr Al Hosn further as Abu Dhabi grew from a small village of palm huts to a town of more than 5,000 inhabitants.

Sheikh Khalifa bin Shakhbut (ruled 1833-1845) Repaired and fortified the fort.

Sheikh Saeed bin Tahnoon (ruled 1845-1855) Turned Qasr Al Hosn into a strong two-storied structure.

Sheikh Zayed bin Khalifa (ruled 1855-1909) Expanded Qasr Al Hosn further to reflect the emirate's increasing prominence.

Sheikh Shakhbut bin Sultan (ruled 1928-1966) Renovated and enlarged Qasr Al Hosn, adding a decorative arch and two new villas.

Sheikh Zayed bin Sultan (ruled 1966-2004) Moved the royal residence to Al Manhal palace and kept his diwan at Qasr Al Hosn.

Sources: Jayanti Maitra, www.adach.ae

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SPECS
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'Unrivaled: Why America Will Remain the World’s Sole Superpower'
Michael Beckley, Cornell Press

ENGLAND SQUAD

Eoin Morgan (captain), Moeen Ali, Jonny Bairstow, Sam Billings, Jos Buttler, Tom Curran, Alex Hales, Liam Plunkett, Adil Rashid, Joe Root, Jason Roy, Ben Stokes, David Willey, Chris Woakes, Mark Wood

Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home. 

Updated: September 29, 2022, 8:01 PM