Fifa president Gianni Infantino has described the 2022 World Cup as “an incredible success”, while he confirmed Morocco as hosts of the next Fifa Club World Cup and also the competition’s expansion to 32 teams in 2025.
Football’s world governing body chief was speaking at a press conference in Doha on Friday, in which he said the four-year cycle for Qatar 2022 had generated $7.5 billion – more than $1bn more than the previous World Cup.
Infantino said Fifa estimates the 2026 finals, held in the United States, Canada and Mexico, and expanded from 32 teams to 48, will bring in $11bn, with “almost $10bn going directly back to football”.
Infantino referenced the "unanimous praise of the Fifa Council for this World Cup, and for the unique cohesive power this World Cup has shown", saying that everyone involved in its organisation had made it the "best World Cup ever".
'World Cup 2022 an incredible success'
“Matches have been played without incidents; it has been a very joyful atmosphere," Infantino said. "There is something happening when we talk about football becoming truly global, with an African team [Morocco] reaching the semi-final for the first time. We also had a woman, Stephanie Frappart, referee a match for the first time."
Infantino, who has been re-elected unopposed for a second term as president, later said: “The World Cup has been an incredible success on all fronts. The main one being the fans, the behaviour, the joyful atmosphere, the bringing of people together. The fans meeting the Arab world. It has been very important for the future of all of us."
Infantino said 3.27 million spectators have attended matches – two of the 64, the third-place play-off and the final, remain – and that the tournament was “approaching five billion in terms of viewing figures".
Morocco to host rescheduled Club World Cup
Morocco, one of the success stories of Qatar 2022, has been awarded the rescheduled 2022 Club World Cup, which will be held from February 1-11. Morocco hosted the tournament in 2013 and in 2014, while the most recent edition was staged in Abu Dhabi last February.
The competition will remain in its existing format, with the six continental-federation champions featuring with the host nation’s league champions. Real Madrid, who won the 2014 title, will headline, with Brazil’s Flamengo, Saudi Arabia’s Al Hilal and Morocco’s Wydad Casablanca also taking part.
Infantino said a sizeable extension to the Club World Cup will begin in 2025. Fifa had originally decided to introduce an expanded 24-team tournament in 2021 in China, only for the Covid-19 pandemic to scupper plans.
On Friday, Infantino did not provide any further details regarding the 2025 Club World Cup, but said a 32-team tournament would “make it really like a World Cup”.
The Fifa president also praised the Morocco national team for their history-making run to the semi-finals. Walid Regragui’s side became the first Arab country to reach the quarter-finals, and then the first African nation to contest the tournament’s last four.
Morocco were defeated 2-0 in Wednesday’s semi-final by France, the reigning champions. They face Croatia on Saturday for third place.
Africa on the rise
"Morocco has played exceptionally well, with a great desire and undeniable quality,” Infantino said. “Reaching a semi-final is not done by chance, a result of a long-term effort.
"I would like to congratulate the other African teams as well. Senegal made it out of the group stage for example, having not done so last time.
"For many decades we have been talking about the development of African football and when their time will come - and I think their time has come. There will be double the African teams at the next World Cup, and I am sure we can look forward to some more excellent performances."
Infantino announced plans to introduce a women’s Club World Cup and the “Fifa World Series”.
"We have seen the importance of teams from different continents happening more regularly," he said. "We want to use the March [international] windows in even years to organise friendly tournaments between four teams of four different confederations under the Fifa umbrella - 'Fifa World Series' events.
"For women’s football, it will be very similar. We want to create a new women’s Club World Cup and a new Fifa Futsal Women’s World Cup every four years. We would like to see if the women’s Olympic tournament can have 16 teams like the men’s does."
Plans for 2026 World Cup
On the expanded 2026 World Cup, Infantino said Fifa had decided to reassess plans to incorporate 16 groups of three teams at the tournament. The current format comprises four-team groups.
Infantino, who confirmed his second term as president will begin on March 16, said: “I have to say after this World Cup, and the success of the groups of four, we have to revisit or re-discuss the format whether we go for 16 groups of three or 12 groups of four.”
Infantino said he believes the 2026 World Cup will help make football the most popular sport in America.
“We are bullish about the power of football," he said. "About what we believe the impact of football, or soccer, we are more than bullish.
"We are convinced the impact of the game will be massive. It has been massive here, it will be incredible in North America: 48 teams, more games, revenues will go up.
"We will play in huge stadiums, stadiums which are normally used for American football – 80,000-90,000. A lot of attractions for fans; we are expecting 5.5 million fans travelling for these events.
“We are convinced football will be booming in North America. We are really convinced of the growth."
Tranformative change
Infantino was asked what he will take away from the experience of the 2022 World Cup, saying: “You should ask the people who came here from different continents. What has been achieved here in the Middle East has been quite unique. Everyone goes home with a nice memory, and I am sure they will come back.
"Only the World Cup can do this in such a massive, massive way. It has to be an ambition and mission of Fifa to organise its events in new countries."
Asked about the “transformative change” the Qatar event will leave, Infantino said: “I will wait until the end of the final to judge this World Cup, but already the transformative legacy of this World Cup is that many people from around the world have come to Qatar and have discovered the Arab world, which they didn’t know or knew only for what was portrayed to them.
"The main legacy is those who came and those who were here to welcome. You can spend time together and enjoy and know each better. These people who go home will speak about their experience and will open up more to the others. This is an important non-football legacy that this World Cup has brought.
"One of the main concerns was linked with safety and security; 32 countries all here at the same time and same place. We didn’t know how the people would react. Would they start fighting with each other?
"We have seen human beings are mentally good and positive, because people just come together and the more international the better. They come together to pursue their passion. We had no single incident - this is quite unique.
"The World Cup has contributed a little to a mutual understanding – it is something very positive from a non-football perspective."
The five pillars of Islam
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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Two stars
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Armed conflict in Donbass
Russia-backed fighters control territory
Financial considerations before buying a property
Buyers should try to pay as much in cash as possible for a property, limiting the mortgage value to as little as they can afford. This means they not only pay less in interest but their monthly costs are also reduced. Ideally, the monthly mortgage payment should not exceed 20 per cent of the purchaser’s total household income, says Carol Glynn, founder of Conscious Finance Coaching.
“If it’s a rental property, plan for the property to have periods when it does not have a tenant. Ensure you have enough cash set aside to pay the mortgage and other costs during these periods, ideally at least six months,” she says.
Also, shop around for the best mortgage interest rate. Understand the terms and conditions, especially what happens after any introductory periods, Ms Glynn adds.
Using a good mortgage broker is worth the investment to obtain the best rate available for a buyer’s needs and circumstances. A good mortgage broker will help the buyer understand the terms and conditions of the mortgage and make the purchasing process efficient and easier.
Important questions to consider
1. Where on the plane does my pet travel?
There are different types of travel available for pets:
- Manifest cargo
- Excess luggage in the hold
- Excess luggage in the cabin
Each option is safe. The feasibility of each option is based on the size and breed of your pet, the airline they are traveling on and country they are travelling to.
2. What is the difference between my pet traveling as manifest cargo or as excess luggage?
If traveling as manifest cargo, your pet is traveling in the front hold of the plane and can travel with or without you being on the same plane. The cost of your pets travel is based on volumetric weight, in other words, the size of their travel crate.
If traveling as excess luggage, your pet will be in the rear hold of the plane and must be traveling under the ticket of a human passenger. The cost of your pets travel is based on the actual (combined) weight of your pet in their crate.
3. What happens when my pet arrives in the country they are traveling to?
As soon as the flight arrives, your pet will be taken from the plane straight to the airport terminal.
If your pet is traveling as excess luggage, they will taken to the oversized luggage area in the arrival hall. Once you clear passport control, you will be able to collect them at the same time as your normal luggage. As you exit the airport via the ‘something to declare’ customs channel you will be asked to present your pets travel paperwork to the customs official and / or the vet on duty.
If your pet is traveling as manifest cargo, they will be taken to the Animal Reception Centre. There, their documentation will be reviewed by the staff of the ARC to ensure all is in order. At the same time, relevant customs formalities will be completed by staff based at the arriving airport.
4. How long does the travel paperwork and other travel preparations take?
This depends entirely on the location that your pet is traveling to. Your pet relocation compnay will provide you with an accurate timeline of how long the relevant preparations will take and at what point in the process the various steps must be taken.
In some cases they can get your pet ‘travel ready’ in a few days. In others it can be up to six months or more.
5. What vaccinations does my pet need to travel?
Regardless of where your pet is traveling, they will need certain vaccinations. The exact vaccinations they need are entirely dependent on the location they are traveling to. The one vaccination that is mandatory for every country your pet may travel to is a rabies vaccination.
Other vaccinations may also be necessary. These will be advised to you as relevant. In every situation, it is essential to keep your vaccinations current and to not miss a due date, even by one day. To do so could severely hinder your pets travel plans.
Source: Pawsome Pets UAE
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The specs
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