• BTS through the years: the K-pop band at the Korean Culture Convention (K-Con), held at the Los Angeles Memorial Sports Arena on August 10, 2014. AFP
    BTS through the years: the K-pop band at the Korean Culture Convention (K-Con), held at the Los Angeles Memorial Sports Arena on August 10, 2014. AFP
  • Members of BTS arrive on the red carpet for K-Con 2014. AFP
    Members of BTS arrive on the red carpet for K-Con 2014. AFP
  • BTS on the red carpet for the Asia Artist Awards in Seoul on November 16, 2016. AFP
    BTS on the red carpet for the Asia Artist Awards in Seoul on November 16, 2016. AFP
  • Jin, Suga, J-Hope, RM, Jimin, V and JungKook of BTS at Music Choice in New York City on March 22, 2017. Getty
    Jin, Suga, J-Hope, RM, Jimin, V and JungKook of BTS at Music Choice in New York City on March 22, 2017. Getty
  • BTS perform Fake Love at the Billboard Music Awards at the MGM Grand Garden Arena in Las Vegas on May 20, 2018. AP
    BTS perform Fake Love at the Billboard Music Awards at the MGM Grand Garden Arena in Las Vegas on May 20, 2018. AP
  • BTS accept the Top Social Artist award at the Billboard Music Awards on May 20, 2018. Reuters
    BTS accept the Top Social Artist award at the Billboard Music Awards on May 20, 2018. Reuters
  • BTS attend the 73rd session of the United Nations General Assembly on September 24, 2018. AP
    BTS attend the 73rd session of the United Nations General Assembly on September 24, 2018. AP
  • BTS perform during a Korean cultural event in Paris as part of the South Korean president's official visit to France on October 14, 2018. AFP
    BTS perform during a Korean cultural event in Paris as part of the South Korean president's official visit to France on October 14, 2018. AFP
  • BTS on the red carpet at the Mnet Asian Music Awards in Hong Kong on December 14, 2018. AP
    BTS on the red carpet at the Mnet Asian Music Awards in Hong Kong on December 14, 2018. AP
  • BTS at the Seoul Music Awards on January 15, 2019. Getty
    BTS at the Seoul Music Awards on January 15, 2019. Getty
  • BTS present the award for Best R&B Album during the 61st Grammy Awards on February 10, 2019, in Los Angeles. AFP
    BTS present the award for Best R&B Album during the 61st Grammy Awards on February 10, 2019, in Los Angeles. AFP
  • BTS perform on Saturday Night Live on April 11, 2019. Getty
    BTS perform on Saturday Night Live on April 11, 2019. Getty
  • BTS before rehearsals for KBS 2TV's Music Bank in Yeouido, Seoul, on April 19, 2019. Getty
    BTS before rehearsals for KBS 2TV's Music Bank in Yeouido, Seoul, on April 19, 2019. Getty
  • BTS perform at concert to promote 18th Fina World Championships at a stadium in Gwangju, South Korea on April 28, 2019. EPA
    BTS perform at concert to promote 18th Fina World Championships at a stadium in Gwangju, South Korea on April 28, 2019. EPA
  • BTS and Halsey performing Boy With Luv at the Billboard Music Awards on May 1, 2019. Reuters
    BTS and Halsey performing Boy With Luv at the Billboard Music Awards on May 1, 2019. Reuters
  • BTS attend Youth Day at the Presidential Blue House in Seoul on September 19, 2020. Reuters
    BTS attend Youth Day at the Presidential Blue House in Seoul on September 19, 2020. Reuters
  • BTS present a purple gift box to President Moon Jae-in during the inaugural Youth Day event in Seoul on September 19, 2020. EPA
    BTS present a purple gift box to President Moon Jae-in during the inaugural Youth Day event in Seoul on September 19, 2020. EPA
  • BTS on the red carpet during the annual Mama Awards at Nagoya Dome in Nagoya, Japan, on December 4, 2019. Reuters
    BTS on the red carpet during the annual Mama Awards at Nagoya Dome in Nagoya, Japan, on December 4, 2019. Reuters
  • BTS at the 34st annual Golden Disk Awards ceremony in Seoul on January 4, 2020. EPA
    BTS at the 34st annual Golden Disk Awards ceremony in Seoul on January 4, 2020. EPA
  • BTS arrive at the 62nd annual Grammy Awards in Los Angeles on January 26, 2020. AP
    BTS arrive at the 62nd annual Grammy Awards in Los Angeles on January 26, 2020. AP
  • BTS visit the Today Show at Rockefeller Plaza in New York City on February 21, 2020. AFP
    BTS visit the Today Show at Rockefeller Plaza in New York City on February 21, 2020. AFP
  • BTS give an address as part of the YouTube Originals Dear Class of 2020 speeches. YouTube Originals
    BTS give an address as part of the YouTube Originals Dear Class of 2020 speeches. YouTube Originals
  • BTS performing as part of the YouTube Originals Dear Class of 2020 speeches. YouTube Originals
    BTS performing as part of the YouTube Originals Dear Class of 2020 speeches. YouTube Originals
  • BTS perform 'Dynamite' during the MTV Video Music Awards on August 30, 2020. Reuters
    BTS perform 'Dynamite' during the MTV Video Music Awards on August 30, 2020. Reuters
  • BTS accept the award for Best Pop Video for 'On' during the MTV Video Music Awards on August 30, 2020. AP
    BTS accept the award for Best Pop Video for 'On' during the MTV Video Music Awards on August 30, 2020. AP
  • BTS arrives to security check-in at the United Nations headquarters during the 76th Session of the UN General Assembly in New York on September 20, 2021. AFP
    BTS arrives to security check-in at the United Nations headquarters during the 76th Session of the UN General Assembly in New York on September 20, 2021. AFP
  • V, Suga, Jin, Jungkook, RM, Jimin and J-Hope of BTS arrive at the 2021 American Music Awards at the Microsoft Theater in Los Angeles, California on November 21, 2021. Reuters
    V, Suga, Jin, Jungkook, RM, Jimin and J-Hope of BTS arrive at the 2021 American Music Awards at the Microsoft Theater in Los Angeles, California on November 21, 2021. Reuters
  • BTS accepts the award for artist of the year at the American Music Awards in 2021 at the Microsoft Theater in Los Angeles. AP
    BTS accepts the award for artist of the year at the American Music Awards in 2021 at the Microsoft Theater in Los Angeles. AP
  • Jin, Suga, V, Jungkook, RM, Jimin, and J-Hope of BTS hold their award for the Favourite Pop Song, Favourite Duo or Group and Artist of the Year awards during the 2021 American Music Awards. Reuters
    Jin, Suga, V, Jungkook, RM, Jimin, and J-Hope of BTS hold their award for the Favourite Pop Song, Favourite Duo or Group and Artist of the Year awards during the 2021 American Music Awards. Reuters
  • BTS pose on red carpet of iHeartRadio Jingle Ball concert in California on December 3, 2021. Reuters
    BTS pose on red carpet of iHeartRadio Jingle Ball concert in California on December 3, 2021. Reuters
  • BTS perform at Jamsil Olympic Park in southern Seoul, South Korea on March 10, 2022. EPA
    BTS perform at Jamsil Olympic Park in southern Seoul, South Korea on March 10, 2022. EPA
  • BTS pose on red carpet of 64th Annual Grammy Awards at the MGM Grand Garden Arena in Las Vegas, Nevada on April 3, 2022. Reuters
    BTS pose on red carpet of 64th Annual Grammy Awards at the MGM Grand Garden Arena in Las Vegas, Nevada on April 3, 2022. Reuters
  • BTS perform Butter during 64th Annual Grammy Awards show in Las Vegas, Nevada on April 3, 2022. Reuters
    BTS perform Butter during 64th Annual Grammy Awards show in Las Vegas, Nevada on April 3, 2022. Reuters
  • BTS Permission to Dance concert in Las Vegas on April 10, 2022. Photo: Big Hit Music
    BTS Permission to Dance concert in Las Vegas on April 10, 2022. Photo: Big Hit Music
  • Members of BTS join Karine Jean-Pierre, White House press secretary, centre, during a news conference at the White House in Washington DC on May 31, 2022. Photo: Oliver Contreras / Sipa / Bloomberg
    Members of BTS join Karine Jean-Pierre, White House press secretary, centre, during a news conference at the White House in Washington DC on May 31, 2022. Photo: Oliver Contreras / Sipa / Bloomberg

BTS to reunite for free concert in support of South Korea's World Expo bid


  • English
  • Arabic

Record-breaking K-pop group BTS are reuniting for a concert on Saturday in South Korea's southern port city of Busan, which is bidding to host the World Expo 2030.

Titled BTS in Busan, the free concert is set to take place at 6pm local time (1pm in the UAE) and is expected draw about 100,000 fans to the Busan Asiad Main Stadium as well as designated areas in Busan, which is more than 300 kilometres south-east of capital Seoul.

The concert comes after the seven-piece band announced a break in June from group musical activities to pursue solo projects, raising questions about their future.

Banners featuring BTS member Jimin are displayed along a road near Busan Asiad Main Stadium in Busan, South Korea. AP
Banners featuring BTS member Jimin are displayed along a road near Busan Asiad Main Stadium in Busan, South Korea. AP

With BTS's oldest member, Jin, who is turning 30 next year, facing South Korea's mandatory military service, the country's defence minister said in August that BTS might still be able to perform overseas while serving in the military.

Under South Korean law, all able-bodied men are required to perform 18 to 21 months of military service. The law provides special exemptions for athletes, classical and traditional musicians, and ballet and other dancers who have won top prizes in certain competitions that enhance national prestige. Globally recognised K-pop stars were allowed to put off their service until 30.

  • BTS performed a four-day residency in Las Vegas back in April with their Permission To Dance On Stage show. All Photos: BigHit Music
    BTS performed a four-day residency in Las Vegas back in April with their Permission To Dance On Stage show. All Photos: BigHit Music
  • The performances took place in the near-65,000-capacity Allegiant Stadium.
    The performances took place in the near-65,000-capacity Allegiant Stadium.
  • Tickets for all four concerts sold out before they went on sale to the general public.
    Tickets for all four concerts sold out before they went on sale to the general public.
  • The final show on April 16 was live-streamed online.
    The final show on April 16 was live-streamed online.
  • J-Hope during the BTS Permission To Dance On Stage show in Las Vegas.
    J-Hope during the BTS Permission To Dance On Stage show in Las Vegas.
  • Jimin during the concert in Las Vegas.
    Jimin during the concert in Las Vegas.
  • Jin during the show.
    Jin during the show.
  • Jungkook performing as part of the show.
    Jungkook performing as part of the show.
  • RM performing during the concert.
    RM performing during the concert.
  • Suga dancing during the concert.
    Suga dancing during the concert.
  • V performs during the concert.
    V performs during the concert.

Four countries, including South Korea, Italy, Ukraine and Saudi Arabia, have submitted competing candidatures to organise World Expo 2030, according to the organising body Bureau International des Expositions. The winning host country is expected to be elected next year.

While announcing his country's bid last year, Saudi Crown Prince Mohammed Bin Salman said the 2030 World Expo in Riyadh would coincide with the culmination of the kingdom’s Vision 2030, an initiative that aims to move the country away from oil and diversify its economy.

“We live in an era of change and we face an unprecedented need for humanity’s collective action. It is clear that the whole world, as a collective, needs to work together to foresee the future and address, with its brightest minds, the challenges and opportunities that emanate from this change," he said.

Expo 2030 will take place from October 1, 2030, to April 1, 2031. The theme proposed by Saudi Arabia is “The era of change: leading the planet to a foresighted tomorrow".

Dubai hosted Expo 2020 from October 2021 to March 2022, delayed by a year owing to the Covid-19 pandemic.

In July, BTS were named as the official ambassadors for the World Expo 2030 in Busan.

BTS made their debut in June 2013 and became a worldwide sensation with their upbeat hits and social campaigns aimed at empowering young people.

— Additional reporting by Reuters

Fans queue for BTS pop-up shop in Dubai — in pictures

  • Fans of record-breaking K-pop group BTS queued up at the opening of the official BTS Pop-Up: Space of BTS shop in BurJuman mall in Dubai. All photos: Antonie Robertson / The National
    Fans of record-breaking K-pop group BTS queued up at the opening of the official BTS Pop-Up: Space of BTS shop in BurJuman mall in Dubai. All photos: Antonie Robertson / The National
  • The shop, dedicated to all things BTS, is brought to the UAE by Hybe, the septet's record label.
    The shop, dedicated to all things BTS, is brought to the UAE by Hybe, the septet's record label.
  • Inside, fans will be able to buy official merchandise inspired by BTS songs over the years.
    Inside, fans will be able to buy official merchandise inspired by BTS songs over the years.
  • There are also products from TinyTan, animated characters inspired by BTS members.
    There are also products from TinyTan, animated characters inspired by BTS members.
  • Figurines from the TineTan collection.
    Figurines from the TineTan collection.
  • Shop assistants, dressed in purple, the official colour of BTS, help customers.
    Shop assistants, dressed in purple, the official colour of BTS, help customers.
  • The pop-up shop will remain open until December 8.
    The pop-up shop will remain open until December 8.
  • Inside the shop, fans have their pick of everything BTS, from branded T-shirts to hoodies, bags and sweat pants.
    Inside the shop, fans have their pick of everything BTS, from branded T-shirts to hoodies, bags and sweat pants.
  • TinyTan characters at the shop.
    TinyTan characters at the shop.
  • BTS accessories at the shop.
    BTS accessories at the shop.
  • BTS Pop-Up: Space of BTS is located on Level 1 of BurJuman Mall in Dubai.
    BTS Pop-Up: Space of BTS is located on Level 1 of BurJuman Mall in Dubai.
  • A shop assistant at the pop-up.
    A shop assistant at the pop-up.
  • BTS Pop-Up: Space of BTS has been a huge success in other parts of the world, spawning long queues of fans who proudly call themselves the Army. The Dubai shop is the first time the pop-up has come to the Middle East.
    BTS Pop-Up: Space of BTS has been a huge success in other parts of the world, spawning long queues of fans who proudly call themselves the Army. The Dubai shop is the first time the pop-up has come to the Middle East.
Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

7.

Singapore

8.

Australia

9.

Saudi Arabia

10.

South Korea

EA Sports FC 24
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%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Omar%20Hilal%3Cbr%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Muhammad%20Farrag%2C%20Bayoumi%20Fouad%2C%20Nelly%20Karim%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
PAKISTAN v SRI LANKA

Twenty20 International series
Thu Oct 26, 1st T20I, Abu Dhabi
Fri Oct 27, 2nd T20I, Abu Dhabi
Sun Oct 29, 3rd T20I, Lahore

Tickets are available at www.q-tickets.com

SAUDI RESULTS

Team Team Pederson (-40), Team Kyriacou (-39), Team De Roey (-39), Team Mehmet (-37), Team Pace (-36), Team Dimmock (-33)

Individual E. Pederson (-14), S. Kyriacou (-12), A van Dam (-12), L. Galmes (-12), C. Hull (-9), E. Givens (-8),

G. Hall (-8), Ursula Wikstrom (-7), Johanna Gustavsson (-7)

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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

Monday's results
  • UAE beat Bahrain by 51 runs
  • Qatar beat Maldives by 44 runs
  • Saudi Arabia beat Kuwait by seven wickets
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COMPANY PROFILE
Name: Mamo 

 Year it started: 2019 Founders: Imad Gharazeddine, Asim Janjua

 Based: Dubai, UAE

 Number of employees: 28

 Sector: Financial services

 Investment: $9.5m

 Funding stage: Pre-Series A Investors: Global Ventures, GFC, 4DX Ventures, AlRajhi Partners, Olive Tree Capital, and prominent Silicon Valley investors. 

 
The Brutalist

Director: Brady Corbet

Stars: Adrien Brody, Felicity Jones, Guy Pearce, Joe Alwyn

Rating: 3.5/5

Updated: October 15, 2022, 6:55 AM