In May 1965, Dubai Airport opened its first asphalt runway.
Until then, the five-year-old airport had a 1,800-metre airstrip of compacted sand that could accommodate only aircraft with a 32-passenger capacity.
The asphalt runway, in comparison, stretched for 2,800 metres and allowed larger planes to land. It marked its opening by greeting the first big jets of Middle East Airlines and Kuwait Airways.
It was a historic moment for Dubai, and would be the first of a series of expansions that would transform the airport into one of the world’s busiest.
May is, in fact, a month replete with landmark moments in the history of aviation in Dubai.
In May 1998, Terminal 2 was inaugurated in response to the traffic overwhelming its main terminal. The new wing could host 2.5 million passengers annually.
In May 2008, a topping-out ceremony was created for Terminal 3. The age-old tradition involves placing the final beam of the project. The terminal became operational five months later, with an Emirates airline flight from Jeddah being the first to land on the flagship runway.
In May 2014, Dubai Airport began a series of airstrip refurbishments and upgrades. The project lasted for 80 days, during which time all the airport’s traffic was operated out of one runway. Upgrades included new LED lighting to replace the old tungsten lights as well as new taxiways.
The airport continued making significant upgrades over the next decade, employing technologies such as smart gates to help streamline traffic. On Wednesday this week, the airport revealed plans to upgrade its control systems with technologies powered by artificial intelligence. The technology aims to make the challenging job of an air traffic controller easier by collating crucial radar and flight data in one place.
In 2022, the airport handled 66.1 million passengers. The statistic was a 127 per cent increase when compared with previous year’s numbers, which had been affected by Covid-19 restrictions.
“This time last year, the outlook was nowhere near as bright as it is now … it's been a very reassuring set of numbers to record after what has been the darkest period in aviation history since 1903,” Paul Griffiths, chief executive of Dubai Airports, told The National in February.
Mr Griffiths said full recovery to pre-pandemic levels on a monthly basis could come by the end of this year or the beginning of 2024, if the monthly passenger figures reach 7.5 million.
Dubai Airports is projecting the number of passengers who will pass through the international hub by the end of this year to reach 78 million, as the UAE prepares to host major international events such as the Dubai Airshow and Cop28.
Match info
Who: India v Afghanistan
What: One-off Test match, Bengaluru
When: June 14 to 18
TV: OSN Sports Cricket HD, 8am starts
Online: OSN Play (subscribers only)
Wicked: For Good
Director: Jon M Chu
Starring: Ariana Grande, Cynthia Erivo, Jonathan Bailey, Jeff Goldblum, Michelle Yeoh, Ethan Slater
Rating: 4/5
MATCH INFO:
Second Test
Pakistan v Australia, Tuesday-Saturday, 10am daily at Zayed Cricket Stadium, Abu Dhabi
Entrance is free
RESULTS
Manchester United 2
Anthony Martial 30'
Scott McTominay 90 6'
Manchester City 0
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
Cricket World Cup League Two
Oman, UAE, Namibia
Al Amerat, Muscat
Results
Oman beat UAE by five wickets
UAE beat Namibia by eight runs
Fixtures
Wednesday January 8 –Oman v Namibia
Thursday January 9 – Oman v UAE
Saturday January 11 – UAE v Namibia
Sunday January 12 – Oman v Namibia
Profile Idealz
Company: Idealz
Founded: January 2018
Based: Dubai
Sector: E-commerce
Size: (employees): 22
Investors: Co-founders and Venture Partners (9 per cent)
MATCH INFO
Newcastle United 3
Gayle (23'), Perez (59', 63')
Chelsea 0
IF YOU GO
The flights: FlyDubai offers direct flights to Catania Airport from Dubai International Terminal 2 daily with return fares starting from Dh1,895.
The details: Access to the 2,900-metre elevation point at Mount Etna by cable car and 4x4 transport vehicle cost around €57.50 (Dh248) per adult. Entry into Teatro Greco costs €10 (Dh43). For more go to www.visitsicily.info
Where to stay: Hilton Giardini Naxos offers beachfront access and accessible to Taormina and Mount Etna. Rooms start from around €130 (Dh561) per night, including taxes.
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