• Cypriot freediver Angels Savvas swims through the Museum of Underwater Sculpture Ayia Napa (Musan), billed as the world’s first underwater forest, consisting of a collection of 130 submarine figurative sculptures set in a series of sculpted organic trees and subterranean plants, in the Ayia Napa resort town on the southeastern coast of Cyprus. All Photos: AFP
    Cypriot freediver Angels Savvas swims through the Museum of Underwater Sculpture Ayia Napa (Musan), billed as the world’s first underwater forest, consisting of a collection of 130 submarine figurative sculptures set in a series of sculpted organic trees and subterranean plants, in the Ayia Napa resort town on the southeastern coast of Cyprus. All Photos: AFP
  • The Museum of Underwater Sculpture Ayia Napa (Musan) is created by world-famous reef artist Jason deCaires Taylor
    The Museum of Underwater Sculpture Ayia Napa (Musan) is created by world-famous reef artist Jason deCaires Taylor
  • Cypriot freediver Angels Savvas poses with a sculpture in the Museum of Underwater Sculpture Ayia Napa, billed as the world’s first underwater forest
    Cypriot freediver Angels Savvas poses with a sculpture in the Museum of Underwater Sculpture Ayia Napa, billed as the world’s first underwater forest
  • The Museum of Underwater Sculpture Ayia Napa is a "symbol to enhance the story of Ayia Napa’s newly created Marine Protected Zone, whilst acknowledging the deforestation practices of the past," according to the museum's website
    The Museum of Underwater Sculpture Ayia Napa is a "symbol to enhance the story of Ayia Napa’s newly created Marine Protected Zone, whilst acknowledging the deforestation practices of the past," according to the museum's website
  • The underwater sculptures use pH neutral cement to facilitate coral growth
    The underwater sculptures use pH neutral cement to facilitate coral growth
  • The underwater museum's "narrative questions if the next generation will reinterpret the symbiotic relationship between mankind and nature to provide a better balance in favour of nurturing fragile ecosystems, highlighting how positive human intervention in the oceans can shape a more sustainable and productive future," says the museum's website
    The underwater museum's "narrative questions if the next generation will reinterpret the symbiotic relationship between mankind and nature to provide a better balance in favour of nurturing fragile ecosystems, highlighting how positive human intervention in the oceans can shape a more sustainable and productive future," says the museum's website
  • The park rests across more than 167 metres of sand at a depth of up to 10 metres, off the coast of Cyprus
    The park rests across more than 167 metres of sand at a depth of up to 10 metres, off the coast of Cyprus
  • The underwater museum "repositions the visitor as the attraction and sea life as the observer, [and] the sculptural installation will entice visitors under the surface to explore the beauty of the sub-aquatic environment," according to the museum's website
    The underwater museum "repositions the visitor as the attraction and sea life as the observer, [and] the sculptural installation will entice visitors under the surface to explore the beauty of the sub-aquatic environment," according to the museum's website
  • The configuration of the sculptures within the museum follows the topography of the seabed sitting within the open expanse of the sand situated south of Pernera Beach in Ayia Napa
    The configuration of the sculptures within the museum follows the topography of the seabed sitting within the open expanse of the sand situated south of Pernera Beach in Ayia Napa
  • A diver swims near a sculpture during the inauguration of the underwater museum in Ayia Napa.
    A diver swims near a sculpture during the inauguration of the underwater museum in Ayia Napa.
  • A diver swims near sculptures during the inauguration of the underwater museum in Ayia Napa, Cyprus.
    A diver swims near sculptures during the inauguration of the underwater museum in Ayia Napa, Cyprus.
  • Divers swim near sculptures during the inauguration of the underwater museum in Ayia Napa.
    Divers swim near sculptures during the inauguration of the underwater museum in Ayia Napa.
  • Divers swim near sculptures during the inauguration of the underwater museum in Ayia Napa.
    Divers swim near sculptures during the inauguration of the underwater museum in Ayia Napa.
  • A diver swims near a sculpture during the inauguration of the underwater museum in Ayia Napa.
    A diver swims near a sculpture during the inauguration of the underwater museum in Ayia Napa.
  • Divers swim near sculptures during the inauguration of the underwater museum in Ayia Napa.
    Divers swim near sculptures during the inauguration of the underwater museum in Ayia Napa.
  • Divers swim near sculptures during the inauguration of the underwater museum in Ayia Napa.
    Divers swim near sculptures during the inauguration of the underwater museum in Ayia Napa.
  • Divers swim near sculptures during the inauguration of the underwater museum in Ayia Napa.
    Divers swim near sculptures during the inauguration of the underwater museum in Ayia Napa.
  • A view of sculptures during the inauguration of the underwater museum in Ayia Napa.
    A view of sculptures during the inauguration of the underwater museum in Ayia Napa.
  • A view of sculptures during the inauguration of the underwater museum in Ayia Napa, Cyprus, 01 August 2021. At the new Ayia Napa Underwater Sculpture Museum (MUSAN), located in the Pernera area of Ayia Napa, visitors, both swimmers with mask and flippers and divers, will be able to tour around an underwater forest, the first of its kind in the world. The whole project is inspired by British acclaimed sculptor Jason deCaires Taylor, a representatives of the eco-art movement who is behind the world's first underwater sculpture park - the Molinere Underwater Sculpture Park in Grenada. EPA / GEORGES NICOLAOU
    A view of sculptures during the inauguration of the underwater museum in Ayia Napa, Cyprus, 01 August 2021. At the new Ayia Napa Underwater Sculpture Museum (MUSAN), located in the Pernera area of Ayia Napa, visitors, both swimmers with mask and flippers and divers, will be able to tour around an underwater forest, the first of its kind in the world. The whole project is inspired by British acclaimed sculptor Jason deCaires Taylor, a representatives of the eco-art movement who is behind the world's first underwater sculpture park - the Molinere Underwater Sculpture Park in Grenada. EPA / GEORGES NICOLAOU
  • Divers swim near sculptures during the inauguration of the underwater museum in Ayia Napa.
    Divers swim near sculptures during the inauguration of the underwater museum in Ayia Napa.

Cyprus opens underwater sculpture museum in a bid to attract diving tourists


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Cyprus's latest tourist attraction, the Museum of Underwater Sculpture of Ayia Napa (Musan), features a collection of 130 sculptures in a newly created Marine Protected Area.

The works at the museum, located in the resort town of Ayia Napa, range from botanical to figurative, including more than 90 sculptures by Jason deCaires Taylor, a British artist known for his site-specific creations that turn into artificial coral reefs.

With more than 1,000 sculptures installed around the world, including the Great Barrier Reef, deCaires Taylor specifically works with a type of cement that enables coral growth.

The site of the museum is in a marine protected area in Pernera, on the south-eastern coast of Cyprus and was selected specifically in order to emphasise its protected status. The works are installed all the way down to about 10 metres and spread out across more than 167 metres of sand.

Musan’s sculptures are made of sea materials, including stones, rocks and shells, and are meant to live harmoniously among the marine life. The museum has stated its intent to enrich the biodiversity of the area to allow the sculptures to turn into coral reefs and eventually an “underwater forest”.

Tourism is also a goal for the Cyprus government, which has backed the establishment of the museum. In 2014, the Ayia Napa municipal council proposed the idea and work began on Musan three years later. According to the Cyprus Mail, the cost of the museum has reached €1 million.

Visitors can dive or snorkel Musan for free, although reservations must be made ahead of time. The surrounding area will also have diving centres and schools for visitors.

Cyprus has included diving and snorkelling tourism as part of its national tourism strategy for 2030. Its diving sites include the ancient ruins of the Amathus harbour in Limassol, as well the wreck of the MS Zenobia ferry, which sank off the coast of Larnaca in 1980.

With the arrival of Musan, Ayia Napa’s local government hopes to tap into this market for their town too. By the local government’s predictions, Musan will be able to bring in 50,000 visitors annually.

Brief scoreline:

Manchester United 1

Mata 11'

Chelsea 1

Alonso 43'

Fresh faces in UAE side

Khalifa Mubarak (24) An accomplished centre-back, the Al Nasr defender’s progress has been hampered in the past by injury. With not many options in central defence, he would bolster what can be a problem area.

Ali Salmeen (22) Has been superb at the heart of Al Wasl’s midfield these past two seasons, with the Dubai club flourishing under manager Rodolfo Arrubarrena. Would add workrate and composure to the centre of the park.

Mohammed Jamal (23) Enjoyed a stellar 2016/17 Arabian Gulf League campaign, proving integral to Al Jazira as the capital club sealed the championship for only a second time. A tenacious and disciplined central midfielder.

Khalfan Mubarak (22) One of the most exciting players in the UAE, the Al Jazira playmaker has been likened in style to Omar Abdulrahman. Has minimal international experience already, but there should be much more to come.

Jassim Yaqoub (20) Another incredibly exciting prospect, the Al Nasr winger is becoming a regular contributor at club level. Pacey, direct and with an eye for goal, he would provide the team’s attack an extra dimension.

Moral education needed in a 'rapidly changing world'

Moral education lessons for young people is needed in a rapidly changing world, the head of the programme said.

Alanood Al Kaabi, head of programmes at the Education Affairs Office of the Crown Price Court - Abu Dhabi, said: "The Crown Price Court is fully behind this initiative and have already seen the curriculum succeed in empowering young people and providing them with the necessary tools to succeed in building the future of the nation at all levels.

"Moral education touches on every aspect and subject that children engage in.

"It is not just limited to science or maths but it is involved in all subjects and it is helping children to adapt to integral moral practises.

"The moral education programme has been designed to develop children holistically in a world being rapidly transformed by technology and globalisation."

Race card

6.30pm: Emirates Holidays Maiden (TB), Dh82,500 (Dirt), 1,900m
7.05pm: Arabian Adventures Maiden (TB), Dh82,500 (D), 1,200m
7.40pm: Emirates Skywards Handicap (TB), Dh82,500 (D), 1,200m
8.15pm: Emirates Airline Conditions (TB), Dh120,000 (D), 1,400m
8.50pm: Emirates Sky Cargo (TB), Dh92,500 (D)1,400m
9.15pm: Emirates.com (TB), Dh95,000 (D), 2,000m

The specs
Engine: 3.6 V6

Transmission: 8-speed auto

Power: 295bhp

Torque: 353Nm

Price: Dh155,000

On sale: now 

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

Voices: How A Great Singer Can Change Your Life
Nick Coleman
Jonathan Cape

Upcoming games

SUNDAY 

Brighton and Hove Albion v Southampton (5.30pm)
Leicester City v Everton (8pm)

 

MONDAY 
Burnley v Newcastle United (midnight)

How to avoid crypto fraud
  • Use unique usernames and passwords while enabling multi-factor authentication.
  • Use an offline private key, a physical device that requires manual activation, whenever you access your wallet.
  • Avoid suspicious social media ads promoting fraudulent schemes.
  • Only invest in crypto projects that you fully understand.
  • Critically assess whether a project’s promises or returns seem too good to be true.
  • Only use reputable platforms that have a track record of strong regulatory compliance.
  • Store funds in hardware wallets as opposed to online exchanges.
The Melbourne Mercer Global Pension Index

The Melbourne Mercer Global Pension Index

Mazen Abukhater, principal and actuary at global consultancy Mercer, Middle East, says the company’s Melbourne Mercer Global Pension Index - which benchmarks 34 pension schemes across the globe to assess their adequacy, sustainability and integrity - included Saudi Arabia for the first time this year to offer a glimpse into the region.

The index highlighted fundamental issues for all 34 countries, such as a rapid ageing population and a low growth / low interest environment putting pressure on expected returns. It also highlighted the increasing popularity around the world of defined contribution schemes.

“Average life expectancy has been increasing by about three years every 10 years. Someone born in 1947 is expected to live until 85 whereas someone born in 2007 is expected to live to 103,” Mr Abukhater told the Mena Pensions Conference.

“Are our systems equipped to handle these kind of life expectancies in the future? If so many people retire at 60, they are going to be in retirement for 43 years – so we need to adapt our retirement age to our changing life expectancy.”

Saudi Arabia came in the middle of Mercer’s ranking with a score of 58.9. The report said the country's index could be raised by improving the minimum level of support for the poorest aged individuals and increasing the labour force participation rate at older ages as life expectancies rise.

Mr Abukhater said the challenges of an ageing population, increased life expectancy and some individuals relying solely on their government for financial support in their retirement years will put the system under strain.

“To relieve that pressure, governments need to consider whether it is time to switch to a defined contribution scheme so that individuals can supplement their own future with the help of government support,” he said.

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.

Tips for taking the metro

- set out well ahead of time

- make sure you have at least Dh15 on you Nol card, as there could be big queues for top-up machines

- enter the right cabin. The train may be too busy to move between carriages once you're on

- don't carry too much luggage and tuck it under a seat to make room for fellow passengers

Updated: August 02, 2021, 11:38 AM