The UAE is experiencing unsettled weather. Pawan Singh / The National
The UAE is experiencing unsettled weather. Pawan Singh / The National
The UAE is experiencing unsettled weather. Pawan Singh / The National
The UAE is experiencing unsettled weather. Pawan Singh / The National

UAE

UAE to see run of cloudy days with light rain

Dubai hit with light showers throughout Saturday morning

The National

March 24, 2024

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After another wet weekend, the UAE will continue to experience unsettled weather and extended cloud cover with chances of some rain in areas.

Dubai had rain from the early hours of Saturday, and according to forecasts there is more to come.

Sunday was mostly dry inland with some showers on the coast. Temperatures reached 33°C in Abu Dhabi and 34°C in Dubai, while both had lows of 24°C.

Monday

Abu Dhabi will be warmer with a top temperature of 35°C, with Dubai a couple of degrees cooler, and lows of 26°C and 27°C respectively.

According to the National Centre of Meteorology, rain is expected in every emirate, however the forecasting software Windy.com shows rain clouds out at sea dissipating by the time they make landfall.

Tuesday

Tuesday will also be rainy in every emirate according to NCM, and Windy.com shows Abu Dhabi should experience a particularly concentrated storm around sunrise.

Temperatures will cool dramatically from the start of the week, with top temperatures down to the high 20s, with nights bringing the mercury down a couple more degrees.

Wednesday

Brighter weather is forecast for Wednesday, with relatively low highs of 27°C in Abu Dhabi and 26°C in Dubai, and nights dropping to 20°C. Sweihan will experience a particularly cool evening of 15°C.

Thursday

Staying in the 20s, Abu Dhabi will be bright with some cloud cover, experiencing highs of 28°C and lows dipping below 20°C. Dubai will be slightly cooler during the day at 26°C with a warmer night high of 22°C. Al Ain will have a similar warmth during the day as Abu Dhabi, but temperatures will drop to 13°C overnight.

Tips to keep your car cool
  • Place a sun reflector in your windshield when not driving
  • Park in shaded or covered areas
  • Add tint to windows
  • Wrap your car to change the exterior colour
  • Pick light interiors - choose colours such as beige and cream for seats and dashboard furniture
  • Avoid leather interiors as these absorb more heat
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

'My Son'

Director: Christian Carion

Starring: James McAvoy, Claire Foy, Tom Cullen, Gary Lewis

Rating: 2/5

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Born November 11, 1948
Education: BA, English Language and Literature, Cairo University
Family: Four brothers, seven sisters, two daughters, 42 and 39, two sons, 43 and 35, and 15 grandchildren
Hobbies: Reading and traveling

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Updated: March 25, 2024, 12:22 PM
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