Government and private sector entities signed a preliminary agreement during the Dubai Airshow 2021 to initiate the operations of the Dubai Programme to Enable Drone Transportation. Courtesy: Dubai Future Foundation
Government and private sector entities signed a preliminary agreement during the Dubai Airshow 2021 to initiate the operations of the Dubai Programme to Enable Drone Transportation. Courtesy: Dubai Future Foundation
Government and private sector entities signed a preliminary agreement during the Dubai Airshow 2021 to initiate the operations of the Dubai Programme to Enable Drone Transportation. Courtesy: Dubai Future Foundation
Government and private sector entities signed a preliminary agreement during the Dubai Airshow 2021 to initiate the operations of the Dubai Programme to Enable Drone Transportation. Courtesy: Dubai Fu

Sheikh Hamdan launches scheme to enable drone transportation and boost competitiveness


Deepthi Nair
  • English
  • Arabic

Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, rolled out a drone programme on Saturday that enables the use of drones in several sectors, including health, security, shipping and food, with the aim of boosting the emirate's global competitiveness

Announcing the news in a tweet, Sheikh Hamdan said the Dubai Programme to Enable Drone Transportation will establish an advanced infrastructure “for creatives to come up with solutions for the world’s transportation challenges”.

“It will also create an advanced infrastructure that enables innovators and relevant entities to test prototypes of unmanned aerial vehicles in designated areas and develop legislation that optimises their implementation,” he said.

The programme seeks to improve people’s lives by reducing carbon emissions generated by traditional shipping and transportation methods and facilitating the movement of goods and materials, a government statement said on Saturday.

The scheme aims to attract talent as well as local and foreign investments to the drone applications sector, in addition to creating new jobs and boosting economic activity.

Dubai announced the first steps towards creating a commercial drone network for the delivery of packages and the transport of passengers in July. An initial framework has been drawn up that includes laws and regulations for the Dubai Sky Dome project.

The new law regulating unmanned aerial vehicles for commercial and government purposes will help attract investment to Dubai’s aviation industry, a government statement said. It will pave the way to attract international drone companies and bring expertise to the city, especially in Dubai South’s aerospace platform, the Mohammed Bin Rashid Aerospace Hub.

“We have the right environment, infrastructure and legislation for the use of drones. We also have the laboratories, expertise and talent to translate prototypes into viable solutions,” Sheikh Hamdan said.

“Our goal is to elevate the quality of life and make clever dreams come true,” he tweeted.

Sheikh Hamdan said the emirate recognised the potential of drones in shaping the future early on, launching the UAE Drones for Good Award in 2014.

A preliminary agreement was signed between government and private sector entities during the Dubai Airshow 2021 to initiate the programme’s operations. The agreement was signed in the presence of Sheikh Ahmed bin Saeed, president of the Dubai Civil Aviation Authority, chairman of Dubai Airports and chairman and chief executive of Emirates airline and group; Omar Al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications; and Mattar Al Tayer, director general and chairman of the Roads and Transport Authority.

  • A visitor looks at a Chinook helicopter on the second day of the Dubai Airshow 2021. All photos: Chris Whiteoak/ The National
    A visitor looks at a Chinook helicopter on the second day of the Dubai Airshow 2021. All photos: Chris Whiteoak/ The National
  • Visitors attend day two of the Airshow.
    Visitors attend day two of the Airshow.
  • A Chinook helicopter.
    A Chinook helicopter.
  • Drones on display at the Mubadala stand.
    Drones on display at the Mubadala stand.
  • Cary Jacobson sits at the controls of a full scale mock-up of the F-35.
    Cary Jacobson sits at the controls of a full scale mock-up of the F-35.
  • A visitor takes a picture of a Boeing T-7.
    A visitor takes a picture of a Boeing T-7.
  • Plane cufflinks for sale at the Airshow.
    Plane cufflinks for sale at the Airshow.
  • An Airbus Zero E model on display.
    An Airbus Zero E model on display.
  • A QX 5 drone.
    A QX 5 drone.
  • Bellwether Volar, the private urban aircraft, on display.
    Bellwether Volar, the private urban aircraft, on display.
  • A Golden Eagle CR500A unmanned helicopter system.
    A Golden Eagle CR500A unmanned helicopter system.
  • GeoDrones on display.
    GeoDrones on display.
  • Private urban aircraft Bellwether Volar.
    Private urban aircraft Bellwether Volar.
  • Chief executive and founder of GeoDrones Mohamed Shawky.
    Chief executive and founder of GeoDrones Mohamed Shawky.
  • Sheikh Ahmed bin Saeed, Emirates' chairman and chief executive.
    Sheikh Ahmed bin Saeed, Emirates' chairman and chief executive.
  • An air display by Surya Kiran.
    An air display by Surya Kiran.
  • An air display by the Airbus A350.
    An air display by the Airbus A350.
  • Visitors enjoy the second day of Dubai Airshow 2021.
    Visitors enjoy the second day of Dubai Airshow 2021.
  • Dubai Airshow 2021.
    Dubai Airshow 2021.
  • The second day of Dubai Airshow 2021.
    The second day of Dubai Airshow 2021.
  • An air display by Super Mushak.
    An air display by Super Mushak.
  • The Airbus A350.
    The Airbus A350.
  • Sheikh Mohammed bin Rashid and Sheikh Hamdan bin Mohammed tour the Edge stand at the Airshow.
    Sheikh Mohammed bin Rashid and Sheikh Hamdan bin Mohammed tour the Edge stand at the Airshow.
  • The Aura UAV, which is used for fighting fires, search and rescue and agriculture.
    The Aura UAV, which is used for fighting fires, search and rescue and agriculture.
  • The Etihad A350 on the second day of the Dubai airshow 2021. Chris Whiteoak/ The National
    The Etihad A350 on the second day of the Dubai airshow 2021. Chris Whiteoak/ The National
  • Sheikh Mohammed bin Rashid and Sheikh Hamdan bin Mohammed tour the Edge stand on the second day of the Dubai airshow 2021. Chris Whiteoak/ The National
    Sheikh Mohammed bin Rashid and Sheikh Hamdan bin Mohammed tour the Edge stand on the second day of the Dubai airshow 2021. Chris Whiteoak/ The National
  • Apollo 16 astronaut Charles Duke in conversation with UAE astronauts Hazza Al Mansouri (R) and Sultan Al Neyadi on the second day of the Dubai airshow 2021. Chris Whiteoak/ The National
    Apollo 16 astronaut Charles Duke in conversation with UAE astronauts Hazza Al Mansouri (R) and Sultan Al Neyadi on the second day of the Dubai airshow 2021. Chris Whiteoak/ The National
  • Apollo 16 astronaut Charles Duke in conversation with UAE astronauts Hazza Al Mansouri (M) and Sultan Al Neyadi on the second day of the Dubai airshow 2021. Chris Whiteoak/ The National
    Apollo 16 astronaut Charles Duke in conversation with UAE astronauts Hazza Al Mansouri (M) and Sultan Al Neyadi on the second day of the Dubai airshow 2021. Chris Whiteoak/ The National
  • A QX 3 drone on display on the second day of the Dubai airshow 2021. Chris Whiteoak/ The National
    A QX 3 drone on display on the second day of the Dubai airshow 2021. Chris Whiteoak/ The National

Signatories to the agreement included the Dubai Future Foundation, DCAA, Dubai Silicon Oasis Authority, Fakeeh University Hospital, Majid Al Futtaim and Emirates SkyCargo, the statement added. Participants will benefit from an enabling legislative framework that facilitates drone technology prototyping, testing, development and implementation.

The DFF will oversee the implementation of the programme’s outputs through Dubai Future Labs, the first applied R&D lab in the region specialising in future technology, the statement added.

“This Act is considered one of the projects of the Dubai Sky Dome Initiative,” Sheikh Ahmed said.This initiative aims to create a virtual airspace infrastructure for drone systems, through which public spaces and buildings will be connected through airstrips and mini-airports throughout Dubai and to develop major infrastructure schemes for airports, airstrips, multi-use stations and ground service sites.”

A unique pilot area will be allocated in Dubai Silicon Oasis for innovators and related entities from the UAE and abroad to develop and test new drone solutions.

The agreement was signed by Mohammed Ahli, chief executive of DCAA; Khalfan Belhoul, chief executive of DFF; Ahmed Bahrozyan, chief executive of the public transport agency at RTA; Muammar Al Katheeri, executive vice president at Engineering and Smart City, DSOA; Alain Bejjani, chief executive of MAF; Nabil Sultan, divisional senior vice president at Emirates SkyCargo; and Ammar Fakeeh, chairman of the board of Fakeeh Care Group, the statement added.

Know before you go
  • Jebel Akhdar is a two-hour drive from Muscat airport or a six-hour drive from Dubai. It’s impossible to visit by car unless you have a 4x4. Phone ahead to the hotel to arrange a transfer.
  • If you’re driving, make sure your insurance covers Oman.
  • By air: Budget airlines Air Arabia, Flydubai and SalamAir offer direct routes to Muscat from the UAE.
  • Tourists from the Emirates (UAE nationals not included) must apply for an Omani visa online before arrival at evisa.rop.gov.om. The process typically takes several days.
  • Flash floods are probable due to the terrain and a lack of drainage. Always check the weather before venturing into any canyons or other remote areas and identify a plan of escape that includes high ground, shelter and parking where your car won’t be overtaken by sudden downpours.

 

NEW ARRIVALS

Benjamin Mendy (Monaco) - £51.75m (Dh247.94m)
Kyle Walker (Tottenham Hotspur) - £45.9m
Bernardo Silva (Monaco) - £45m
Ederson Moraes (Benfica) - £36m
Danilo (Real Madrid) - £27m
Douglas Luiz (Vasco de Gama) - £10.8m 

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

SPEC%20SHEET
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The specs

Price: From Dh180,000 (estimate)

Engine: 2.0-litre turbocharged and supercharged in-line four-cylinder

Transmission: Eight-speed automatic

Power: 320hp @ 5,700rpm

Torque: 400Nm @ 2,200rpm

Fuel economy, combined: 9.7L / 100km

The Equaliser 2

Director Antoine Fuqua

Starring: Denzel Washington, Bill Pullman, Melissa Leo, Ashton Sanders

Three stars

Tributes from the UAE's personal finance community

• Sebastien Aguilar, who heads SimplyFI.org, a non-profit community where people learn to invest Bogleheads’ style

“It is thanks to Jack Bogle’s work that this community exists and thanks to his work that many investors now get the full benefits of long term, buy and hold stock market investing.

Compared to the industry, investing using the common sense approach of a Boglehead saves a lot in costs and guarantees higher returns than the average actively managed fund over the long term. 

From a personal perspective, learning how to invest using Bogle’s approach was a turning point in my life. I quickly realised there was no point chasing returns and paying expensive advisers or platforms. Once money is taken care off, you can work on what truly matters, such as family, relationships or other projects. I owe Jack Bogle for that.”

• Sam Instone, director of financial advisory firm AES International

"Thought to have saved investors over a trillion dollars, Jack Bogle’s ideas truly changed the way the world invests. Shaped by his own personal experiences, his philosophy and basic rules for investors challenged the status quo of a self-interested global industry and eventually prevailed.  Loathed by many big companies and commission-driven salespeople, he has transformed the way well-informed investors and professional advisers make decisions."

• Demos Kyprianou, a board member of SimplyFI.org

"Jack Bogle for me was a rebel, a revolutionary who changed the industry and gave the little guy like me, a chance. He was also a mentor who inspired me to take the leap and take control of my own finances."

• Steve Cronin, founder of DeadSimpleSaving.com

"Obsessed with reducing fees, Jack Bogle structured Vanguard to be owned by its clients – that way the priority would be fee minimisation for clients rather than profit maximisation for the company.

His real gift to us has been the ability to invest in the stock market (buy and hold for the long term) rather than be forced to speculate (try to make profits in the shorter term) or even worse have others speculate on our behalf.

Bogle has given countless investors the ability to get on with their life while growing their wealth in the background as fast as possible. The Financial Independence movement would barely exist without this."

• Zach Holz, who blogs about financial independence at The Happiest Teacher

"Jack Bogle was one of the greatest forces for wealth democratisation the world has ever seen.  He allowed people a way to be free from the parasitical "financial advisers" whose only real concern are the fat fees they get from selling you over-complicated "products" that have caused millions of people all around the world real harm.”

• Tuan Phan, a board member of SimplyFI.org

"In an industry that’s synonymous with greed, Jack Bogle was a lone wolf, swimming against the tide. When others were incentivised to enrich themselves, he stood by the ‘fiduciary’ standard – something that is badly needed in the financial industry of the UAE."

The biog

Place of birth: Kalba

Family: Mother of eight children and has 10 grandchildren

Favourite traditional dish: Al Harees, a slow cooked porridge-like dish made from boiled cracked or coarsely ground wheat mixed with meat or chicken

Favourite book: My early life by Sheikh Dr Sultan bin Muhammad Al Qasimi, the Ruler of Sharjah

Favourite quote: By Sheikh Zayed, the UAE's Founding Father, “Those who have no past will have no present or future.”

Fixtures

Opening day Premier League fixtures for August 9-11

August 9

Liverpool v Norwich 11pm

August 10

West Ham v Man City 3.30pm

Bournemouth v Sheffield Utd 6pm

Burnley v Southampton 6pm

C Palace v Everton 6pm

Leicester v Wolves 6pm

Watford v Brighton 6pm

Tottenham v Aston Villa 8.30pm

August 11

Newcastle v Arsenal 5pm

Man United v Chelsea 7.30pm

 

Specs
Engine: Electric motor generating 54.2kWh (Cooper SE and Aceman SE), 64.6kW (Countryman All4 SE)
Power: 218hp (Cooper and Aceman), 313hp (Countryman)
Torque: 330Nm (Cooper and Aceman), 494Nm (Countryman)
On sale: Now
Price: From Dh158,000 (Cooper), Dh168,000 (Aceman), Dh190,000 (Countryman)
Brahmastra%3A%20Part%20One%20-%20Shiva
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EAyan%20Mukerji%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%20%3C%2Fstrong%3ERanbir%20Kapoor%2C%20Alia%20Bhatt%20and%20Amitabh%20Bachchan%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%202%2F5%3C%2Fp%3E%0A
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.
THE%20STRANGERS'%20CASE
%3Cp%3E%3Cstrong%3EDirector%3C%2Fstrong%3E%3A%20Brandt%20Andersen%3Cbr%3E%3Cstrong%3EStarring%3A%20%3C%2Fstrong%3EOmar%20Sy%2C%20Jason%20Beghe%2C%20Angeliki%20Papoulia%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
The%20specs
%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%204.4-litre%20twin-turbo%20V8%20with%2048V%20mild%20hybrid%20system%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E544hp%20at%205%2C500rpm%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E750Nm%20at%201%2C800-5%2C000rpm%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E8-speed%20auto%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3Efrom%20Dh700%2C000%20(estimate)%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3Elate%20November%3C%2Fp%3E%0A
Updated: November 20, 2021, 12:22 PM