Now that 2008 has been pushed to the back of the cupboard it is time to look ahead to 2009. With a potential Screen Actors Guild strike looming, the Hollywood studios were in overdrive during 2008, bidding to get 2009's raft on blockbusters in the can early on. Among them stand the penultimate instalment in the Harry Potter franchise, The Half-blood Prince, which was moved back from December 2008; the Transformers sequel, Revenge of the Fallen, most likely another bout of Michael Bay's migraine-inducing action; and an updated Star Trek movie, directed by Lost creator J. J. Abrams, which chronicles the Enterprise crew's early years in Star Fleet. In addition, there's big-budget bluster courtesy of 2012, another disaster movie from The Day After Tomorrow's Roland Emmerich; and Wolverine, an X-Men prequel with Hugh Jackman. Meanwhile, Spike Jonze's troubled screen version of Maurice Sendak's splendid children's book, Where the Wild Things Are, should appear by the year's end. For the real highlights of 2009, however, keep your eyes peeled for?
Watchmen - March 6
Just as Citizen Kane regularly tops polls of the best film of all time, Watchmen is widely lauded at the best graphic novel of all time, featuring in Time magazine's list of the 100 most influential novels of the 20th century. After more than 15 years in development, the dense, sprawling and multi-layered Cold War story finally comes to the screen courtesy of Zack Snyder, the director behind green-screen Spartan dust-up 300. Although 300 established Snyder as a true special-effects wizard, the early footage proves that this R-rated comic-book film (a rare thing in itself) is much darker and grittier, the director opting to shoot for real wherever possible.
The Damned United - March 27
Adapted from David Peace's excellent novel, charting the legendary Brian Clough's 44-day ill-fated reign as the manager of Leeds United in 1974, Tom Hooper's movie fields a first-class starting line-up, including star players Peter Morgan and Michael Sheen (the writer and star of The Queen and Frost/Nixon) who tackle yet another real-life character. Clough's widow, Barbara, has already red-carded the movie, after criticizing the original book, but a Morgan screenplay based on Peace's unique work can't fail to excite interest.
The Wolfman - April 10
The classic story of 'man meets wolf, wolf bites man, man turns hairy' gets an update with Benicio Del Toro in the lead and Anthony Hopkins and Emily Blunt supporting. And with Rick Baker (who won as Oscar for American Werewolf in London) on make-up duty this could be the horror hit of the year. Following Universal Studio's awful 'classic monster' reboot - 2004's Van Helsing, blending Frankenstein and Dracula with disastrous results - The Wolfman, which has been expanded from its slim literary source, should be much grimier, and swimming in blood.
State of Play - April 17
Drawn from the hugely lauded BBC mini-series, which tells the story of a reporter and a detective working together to solve the murder of a politician's mistress, the film was once set to reunite the Fight Club duo Brad Pitt and Edward Norton, but even now features a heavyweight cast, including Russell Crowe, Ben Affleck, Helen Mirren and Rachel McAdams. Directed by Touching the Void and The Last King of Scotland helmer Kevin Macdonald, the locations have transferred to Washington, the filmmaker saying that the political movies of '70s American cinema have been a key influence.
Terminator Salvation - June 5
A fourth Terminator movie? Directed by a director known only as McG? Surely it'll stink to high heaven? Well, maybe not. The early footage is pleasingly grim and highly explosive, and the support team includes The Dark Knight duo Jonathan Nolan (that film's writer), and Christian Bale (that film's star), the latter playing a future John Connor. Bryce Dallas Howard and Helena Bonham Carter are in support. The film could yet prove the salvation for the career of McG, the peculiarly named director of the two recent, and truly baleful, Charlie's Angels movies.
Public Enemies - July 3
With stylish filmmaker Michael Mann and kooky superstar Johnny Depp dipping into the world of the gangster flick - telling the story of infamous hoodlums John Dillinger, Baby Face Nelson and Pretty Boy Floyd, as they wreak sharp-suited havoc in the 1930s - this could be the smart choice for film of the year. Both men are at the top of their game, and are joined by the excellent Christian Bale, Billy Crudup, Geovanni Ribisi and Channing Tatum. Expect a lot of bullets and, being a Michael Mann film, a highly stylized palette.
The Soloist - September 11
Fresh from his success with his popular if rather over-wrought adaptation of Atonement, English helmer Joe Wright turns to the true-life tale of Nathaniel Ayers, a homeless, schizophrenic street musician who trained at Juilliard. His story came to public attention when LA Times writer Steve Lopez befriended him and penned a series of articles. Oscar winner Jamie Foxx stars as Ayers, Robert Downey Jr plays Lopez, with the former, a gifted pianist himself, lugging a cello around the world when promoting his last film, The Kingdom, in a bid to improve his skills.
Shutter Island - October 23
For a long while the filmmakers were undecided on the project's name, but Martin Scorsese's eagerly anticipated thriller, based on Dennis Lehane's 2003 novel, at least has a settled cast, featuring a reunion for Scorsese and his star from The Aviator, Leonardo DiCaprio. Support comes from talents as diverse as Mark Ruffalo, Ben Kingsley, and Max Von Sydow. The story follows the tale of two US marshals investigating the disappearance of a patient from a Massachusetts hospital for the criminally insane.
Sherlock Holmes - November 20
The former Mr Madonna, Guy Ritchie, pours his share of the divorce settlement into an updated outing for London's most famous detective, his investigations unearthing the mercurial Robert Downey Jr, who he cast as the eponymous lead, and Jude Law, who plays Holmes' slim-downed sidekick, Dr. Watson. With Ritchie's most recent offering, RocknRolla, demonstrating a newfound maturity (gone was the swooping, snazzy camera work that characterized his earlier films), and a still-fine grasp of character (and indeed London), Holmes could be embarking on one of his most thrilling adventures yet.
Avatar - December 18
DreamWorks, the animation house behind Shrek, will release the first-ever movie shot entirely in 3D (i.e. audiences wear glasses) - the animation Monsters vs Aliens - in March. But Titanic and Aliens director James Cameron has an even more exciting project: an epic, 3D, interplanetary war flick, designed for more mature audiences. The Oscar-winning filmmaker has been working on his 3D project for eons, so can expect a true visual feast. He's even recruited Aliens hard-ass Sigourney Weaver into his already excellent cast.
These are anticipated US release dates.
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BMW M5 specs
Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor
Power: 727hp
Torque: 1,000Nm
Transmission: 8-speed auto
Fuel consumption: 10.6L/100km
On sale: Now
Price: From Dh650,000
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Match info
Costa Rica 0
Serbia 1
Kolarov (56')
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 2
UAE results
Lost to Oman by eight runs
Beat Namibia by three wickets
Lost to Oman by 12 runs
Beat Namibia by 43 runs
UAE fixtures
Free admission. All fixtures broadcast live on icc.tv
Tuesday March 15, v PNG at Sharjah Cricket Stadium
Friday March 18, v Nepal at Dubai International Stadium
Saturday March 19, v PNG at Dubai International Stadium
Monday March 21, v Nepal at Dubai International Stadium
Marathon results
Men:
1. Titus Ekiru(KEN) 2:06:13
2. Alphonce Simbu(TAN) 2:07:50
3. Reuben Kipyego(KEN) 2:08:25
4. Abel Kirui(KEN) 2:08:46
5. Felix Kemutai(KEN) 2:10:48
Women:
1. Judith Korir(KEN) 2:22:30
2. Eunice Chumba(BHR) 2:26:01
3. Immaculate Chemutai(UGA) 2:28:30
4. Abebech Bekele(ETH) 2:29:43
5. Aleksandra Morozova(RUS) 2:33:01
Indoor cricket in a nutshell
Indoor Cricket World Cup - Sep 16-20, Insportz, Dubai
16 Indoor cricket matches are 16 overs per side
8 There are eight players per team
9 There have been nine Indoor Cricket World Cups for men. Australia have won every one.
5 Five runs are deducted from the score when a wickets falls
4 Batsmen bat in pairs, facing four overs per partnership
Scoring In indoor cricket, runs are scored by way of both physical and bonus runs. Physical runs are scored by both batsmen completing a run from one crease to the other. Bonus runs are scored when the ball hits a net in different zones, but only when at least one physical run is score.
Zones
A Front net, behind the striker and wicketkeeper: 0 runs
B Side nets, between the striker and halfway down the pitch: 1 run
C Side nets between halfway and the bowlers end: 2 runs
D Back net: 4 runs on the bounce, 6 runs on the full
The Bloomberg Billionaire Index in full
1 Jeff Bezos $140 billion
2 Bill Gates $98.3 billion
3 Bernard Arnault $83.1 billion
4 Warren Buffett $83 billion
5 Amancio Ortega $67.9 billion
6 Mark Zuckerberg $67.3 billion
7 Larry Page $56.8 billion
8 Larry Ellison $56.1 billion
9 Sergey Brin $55.2 billion
10 Carlos Slim $55.2 billion
The specs: 2017 Porsche 718 Cayman
Price, base / as tested Dh222,500 / Dh296,870
Engine 2.0L, flat four-cylinder
Transmission Seven-speed PDK
Power 300hp @ 6,500rpm
Torque 380hp @ 1,950rpm
Fuel economy, combined 6.9L / 100km
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Building boom turning to bust as Turkey's economy slows
Deep in a provincial region of northwestern Turkey, it looks like a mirage - hundreds of luxury houses built in neat rows, their pointed towers somewhere between French chateau and Disney castle.
Meant to provide luxurious accommodations for foreign buyers, the houses are however standing empty in what is anything but a fairytale for their investors.
The ambitious development has been hit by regional turmoil as well as the slump in the Turkish construction industry - a key sector - as the country's economy heads towards what could be a hard landing in an intensifying downturn.
After a long period of solid growth, Turkey's economy contracted 1.1 per cent in the third quarter, and many economists expect it will enter into recession this year.
The country has been hit by high inflation and a currency crisis in August. The lira lost 28 per cent of its value against the dollar in 2018 and markets are still unconvinced by the readiness of the government under President Recep Tayyip Erdogan to tackle underlying economic issues.
The villas close to the town centre of Mudurnu in the Bolu region are intended to resemble European architecture and are part of the Sarot Group's Burj Al Babas project.
But the development of 732 villas and a shopping centre - which began in 2014 - is now in limbo as Sarot Group has sought bankruptcy protection.
It is one of hundreds of Turkish companies that have done so as they seek cover from creditors and to restructure their debts.
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
Empty Words
By Mario Levrero
(Coffee House Press)
War 2
Director: Ayan Mukerji
Stars: Hrithik Roshan, NTR, Kiara Advani, Ashutosh Rana
Rating: 2/5
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Company profile
Company name: Suraasa
Started: 2018
Founders: Rishabh Khanna, Ankit Khanna and Sahil Makker
Based: India, UAE and the UK
Industry: EdTech
Initial investment: More than $200,000 in seed funding
Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
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The UAE's journey to space