• A customer with his Nintendo Switch 2 game console at a shop in New York. Bloomberg
    A customer with his Nintendo Switch 2 game console at a shop in New York. Bloomberg
  • Koji Takahashi shows off his number one ticket before purchasing the console in Tokyo. EPA
    Koji Takahashi shows off his number one ticket before purchasing the console in Tokyo. EPA
  • Gamers queue in New York. Bloomberg
    Gamers queue in New York. Bloomberg
  • An early morning queue in Florida. Getty Images
    An early morning queue in Florida. Getty Images
  • Similar scenes in Madrid. Bloomberg
    Similar scenes in Madrid. Bloomberg
  • Doug Bowser, president of Nintendo of America, arrives at a shop in New York. Bloomberg
    Doug Bowser, president of Nintendo of America, arrives at a shop in New York. Bloomberg
  • Customers play the Mario Kart video game at the Oxford Street Currys shop in London. Bloomberg
    Customers play the Mario Kart video game at the Oxford Street Currys shop in London. Bloomberg
  • Another happy customer, in Tokyo. Reuters
    Another happy customer, in Tokyo. Reuters
  • A queue in New York. Bloomberg
    A queue in New York. Bloomberg

Nintendo Switch 2 goes on sale worldwide to global fanfare - in pictures


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Gaming fans queued up for the launch of Nintendo's Switch 2 on Thursday, which is widely expected to be in short supply globally due to high demand for the next-generation console.

"The level of demand seems to be sky-high," said Serkan Toto, founder of the Kantan Games consultancy.

In the Ikebukuro shopping district of Tokyo, dozens of successful sales lottery applicants lined up before the store opened to collect their devices.

"I feel like I'm going to cry," Yumi Ohi, a 30 year-old delivery contractor, told Reuters.

Nintendo sold 152 million Switch consoles since its launch in 2017. It became a juggernaut with titles including two games from The Legend of Zelda series and the coronavirus pandemic-era hit Animal Crossing: New Horizons.

The Switch 2 bears many similarities with its predecessor but offers a larger screen and improved graphics and debuts with Mario Kart World.

Last month, Nintendo forecast sales of 15 million Switch 2 units during the current financial year, as well as 4.5 million Switch units.

Nintendo President Shuntaro Furukawa said the company will strengthen production capacity to respond to demand and focus on sales promotion in an effort to exceed the forecast.

Investor expectations for the new console are also lofty. Nintendo's shares are trading near highs and have gained almost 30 per cent this year.

Switch 2 price

The console has different price points in different regions. In the US, the Switch 2 will cost $449.99 for the base model and $499.99 for the Mario Kart World bundle.

In the UK it will retail at £395 ($517.83), or £429 with Mario Kart. In Japan, there are two version of the base model. The first is a Japanese language-only version which will cost 49,980 yen ($339.36) and a normal base model that costs 69,980 yen. TheMario Kart bundle will cost 53,980 yen.

Squads

Pakistan: Sarfaraz Ahmed (c), Babar Azam (vc), Abid Ali, Asif Ali, Fakhar Zaman, Haris Sohail, Mohammad Hasnain, Iftikhar Ahmed, Imad Wasim, Mohammad Amir, Mohammad Nawaz, Mohammad Rizwan, Shadab Khan, Usman Shinwari, Wahab Riaz

Sri Lanka: Lahiru Thirimanne (c), Danushka Gunathilaka, Sadeera Samarawickrama, Avishka Fernando, Oshada Fernando, Shehan Jayasuriya, Dasun Shanaka, Minod Bhanuka, Angelo Perera, Wanindu Hasaranga, Lakshan Sandakan, Nuwan Pradeep, Isuru Udana, Kasun Rajitha, Lahiru Kumara

End of free parking

- paid-for parking will be rolled across Abu Dhabi island on August 18

- drivers will have three working weeks leeway before fines are issued

- areas that are currently free to park - around Sheikh Zayed Bridge, Maqta Bridge, Mussaffah Bridge and the Corniche - will now require a ticket

- villa residents will need a permit to park outside their home. One vehicle is Dh800 and a second is Dh1,200. 

- The penalty for failing to pay for a ticket after 10 minutes will be Dh200

- Parking on a patch of sand will incur a fine of Dh300

Terminator: Dark Fate

Director: Tim Miller

Starring: Arnold Schwarzenegger, Linda Hamilton, Mackenzie Davis 

Rating: 3/5

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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Explainer: Tanween Design Programme

Non-profit arts studio Tashkeel launched this annual initiative with the intention of supporting budding designers in the UAE. This year, three talents were chosen from hundreds of applicants to be a part of the sixth creative development programme. These are architect Abdulla Al Mulla, interior designer Lana El Samman and graphic designer Yara Habib.

The trio have been guided by experts from the industry over the course of nine months, as they developed their own products that merge their unique styles with traditional elements of Emirati design. This includes laboratory sessions, experimental and collaborative practice, investigation of new business models and evaluation.

It is led by British contemporary design project specialist Helen Voce and mentor Kevin Badni, and offers participants access to experts from across the world, including the likes of UK designer Gareth Neal and multidisciplinary designer and entrepreneur, Sheikh Salem Al Qassimi.

The final pieces are being revealed in a worldwide limited-edition release on the first day of Downtown Designs at Dubai Design Week 2019. Tashkeel will be at stand E31 at the exhibition.

Lisa Ball-Lechgar, deputy director of Tashkeel, said: “The diversity and calibre of the applicants this year … is reflective of the dynamic change that the UAE art and design industry is witnessing, with young creators resolute in making their bold design ideas a reality.”

Ferrari 12Cilindri specs

Engine: naturally aspirated 6.5-liter V12

Power: 819hp

Torque: 678Nm at 7,250rpm

Price: From Dh1,700,000

Available: Now

Wicked: For Good

Director: Jon M Chu

Starring: Ariana Grande, Cynthia Erivo, Jonathan Bailey, Jeff Goldblum, Michelle Yeoh, Ethan Slater

Rating: 4/5

Updated: June 05, 2025, 10:15 AM