• Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, tours the International Hunting & Equestrian Exhibition at Abu Dhabi National Exhibition Centre. He is seen with Sheikh Mansour bin Zayed, UAE Deputy Prime Minister and Minister of Presidential Affairs. All photos: Ministry of Presidential Affairs
    Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, tours the International Hunting & Equestrian Exhibition at Abu Dhabi National Exhibition Centre. He is seen with Sheikh Mansour bin Zayed, UAE Deputy Prime Minister and Minister of Presidential Affairs. All photos: Ministry of Presidential Affairs
  • Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, attends Adihex. He is accompanied by Sheikh Mansour bin Zayed, UAE Deputy Prime Minister and Minister of Presidential Affairs, left.
    Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, attends Adihex. He is accompanied by Sheikh Mansour bin Zayed, UAE Deputy Prime Minister and Minister of Presidential Affairs, left.
  • Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, at Adihex. He said he was pleased to meet the participants.
    Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, at Adihex. He said he was pleased to meet the participants.
  • Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, at Adihex. The exhibition runs until Sunday.
    Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, at Adihex. The exhibition runs until Sunday.
  • Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, said the exhibition helps with the ‘preservation of our traditional culture and heritage’.
    Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, said the exhibition helps with the ‘preservation of our traditional culture and heritage’.
  • Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, talking to participants.
    Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, talking to participants.
  • Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, talks to participants.
    Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, talks to participants.
  • Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, left, speaks with Sheikh Mansour bin Zayed, UAE Deputy Prime Minister and Minister of Presidential Affairs.
    Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, left, speaks with Sheikh Mansour bin Zayed, UAE Deputy Prime Minister and Minister of Presidential Affairs.

Sheikh Mohamed bin Zayed visits Adihex


Shuchita Gautam
  • English
  • Arabic

Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, visited the Abu Dhabi International Hunting and Equestrian Exhibition on Wednesday.

“Today, I was pleased to visit the Abu Dhabi International Hunting and Equestrian Exhibition to meet participants and view the notable attractions,” Sheikh Mohamed tweeted.

“We continue to be guided by the late Sheikh Zayed’s legacy of sustainability and the preservation of our traditional culture and heritage.”

Sheikh Mansour bin Zayed, UAE Deputy Prime Minister and Minister of Presidential Affairs, also visited the exhibition with Sheikh Mohamed.

Adihex got under way on Monday to highlight the importance of protecting the environment and promoting sustainability while honouring the country’s rich traditions.

Held under the theme of “Sustainability and Heritage – A Reborn Aspiration”, this year’s event features 680 companies and brands from 44 countries and 319 exhibitors, as well as more than 20 local and international falconry clubs, associations and institutes.

The exhibition took a break in 2020 owing to Covid-19 but has returned this year with its biggest event yet.

Sheikh Hamdan bin Zayed, Ruler’s Representative in Al Dhafra Region and Chairman of the Emirates Falconers’ Club, attended the opening day.

Adihex runs until Sunday.

  • Al Andalus Falcons stall at Adihex. Victor Besa / The National
    Al Andalus Falcons stall at Adihex. Victor Besa / The National
  • Sheikh Hamdan bin Zayed, Ruler’s Representative in Al Dhafra Region and Chairman of the Emirates Falconers’ Club, visited the Abu Dhabi International Hunting and Equestrian Exhibition (Adihex) 2021. Wam
    Sheikh Hamdan bin Zayed, Ruler’s Representative in Al Dhafra Region and Chairman of the Emirates Falconers’ Club, visited the Abu Dhabi International Hunting and Equestrian Exhibition (Adihex) 2021. Wam
  • Sheikh Hamdan bin Zayed highlights the importance of the significant support of President Sheikh Khalifa bin Zayed and Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, for Adihex, as well as their directives to protect the environment and preserve heritage sustainability. Wam
    Sheikh Hamdan bin Zayed highlights the importance of the significant support of President Sheikh Khalifa bin Zayed and Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, for Adihex, as well as their directives to protect the environment and preserve heritage sustainability. Wam
  • Sheikh Rashid bin Saud Al Mualla, Crown Prince of Umm Al Quwain, on Monday visited the 18th annual Abu Dhabi International Hunting and Equestrian Exhibition (Adihex) 2021. Wam
    Sheikh Rashid bin Saud Al Mualla, Crown Prince of Umm Al Quwain, on Monday visited the 18th annual Abu Dhabi International Hunting and Equestrian Exhibition (Adihex) 2021. Wam
  • Sheikh Rashid inspects a rifle at Adihex 2021. Wam
    Sheikh Rashid inspects a rifle at Adihex 2021. Wam
  • Hathbor Al Rumaithi, a pearl diver from Ras Al Khaimah, attends Adihex. Victor Besa / The National
    Hathbor Al Rumaithi, a pearl diver from Ras Al Khaimah, attends Adihex. Victor Besa / The National
  • A vendor displays his wares at the Tamreen stall at Adihex. Victor Besa / The National
    A vendor displays his wares at the Tamreen stall at Adihex. Victor Besa / The National
  • Wares on display at the Tamreen stall at Adihex. Victor Besa / The National
    Wares on display at the Tamreen stall at Adihex. Victor Besa / The National
  • Al Andalus Falcons stall at Adihex. Victor Besa / The National
    Al Andalus Falcons stall at Adihex. Victor Besa / The National
  • A man inspects a weapon at the Bynuna stall at Adihex. Victor Besa / The National
    A man inspects a weapon at the Bynuna stall at Adihex. Victor Besa / The National
  • Marksman Ali Mohammad Al Shehhi checks out some rifles at the Caracal stall at Adihex. Victor Besa / The National
    Marksman Ali Mohammad Al Shehhi checks out some rifles at the Caracal stall at Adihex. Victor Besa / The National
  • Marksman Ali Mohammat Al Shehhi, right, at Adihex. Victor Besa / The National
    Marksman Ali Mohammat Al Shehhi, right, at Adihex. Victor Besa / The National
  • Adihex is an annual event held under the patronage of Sheikh Hamdan bin Zayed, the Ruler’s Representative of Al Dhafra Region and Chairman of the Emirates Falconers’ Club. Victor Besa / The National
    Adihex is an annual event held under the patronage of Sheikh Hamdan bin Zayed, the Ruler’s Representative of Al Dhafra Region and Chairman of the Emirates Falconers’ Club. Victor Besa / The National
  • Al Andalus Falcons stall at Adihex. Victor Besa / The National
    Al Andalus Falcons stall at Adihex. Victor Besa / The National
  • Alkanda Falcons stall at Adihex. Victor Besa / The National
    Alkanda Falcons stall at Adihex. Victor Besa / The National
  • Pearl diver Hathbor Al Rumaithi from Ras Al Khaimah attends Adihex. Victor Besa / The National
    Pearl diver Hathbor Al Rumaithi from Ras Al Khaimah attends Adihex. Victor Besa / The National
  • Pearl diver Hathbor Al Rumaithi attends Adihex. Victor Besa / The National
    Pearl diver Hathbor Al Rumaithi attends Adihex. Victor Besa / The National
  • Houbaras on display at Adihex. Victor Besa / The National
    Houbaras on display at Adihex. Victor Besa / The National
  • Houbaras on display at Adihex. Victor Besa / The National
    Houbaras on display at Adihex. Victor Besa / The National
  • Marksman Ali Mohammat Al Shehhi tests his aim at Adihex. Victor Besa / The National
    Marksman Ali Mohammat Al Shehhi tests his aim at Adihex. Victor Besa / The National
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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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How to help

Send “thenational” to the following numbers or call the hotline on: 0502955999
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Ticket prices

General admission Dh295 (under-three free)

Buy a four-person Family & Friends ticket and pay for only three tickets, so the fourth family member is free

Buy tickets at: wbworldabudhabi.com/en/tickets

 

 

Notable Yas events in 2017/18

October 13-14 KartZone (complimentary trials)

December 14-16 The Gulf 12 Hours Endurance race

March 5 Yas Marina Circuit Karting Enduro event

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Updated: September 30, 2021, 11:38 AM