"Bam! Bam! Bam! Bam!" Last night, outside a Portuguese restaurant, Markus Baumann was doing his best impression of Porsche's flat-six engine, his right hand quickly moving back and forth as he uttered those sounds. He was talking, rather excitedly, about the manual gearbox in the new Cayman, and his enthusiasm was both contagious and entirely understandable.
Earlier that day, after a tortuous series of flights from the UAE to Portugal, where this car is being launched for the international media, I got to drive a Cayman S from a Porsche dealership to our hotel on the coast. I'd almost forgotten what it was like to pilot a pure sports car along truly mind blowing mountain roads. Within five minutes I knew, without a single nagging doubt, that this is the very best driver's car available today. And I don't say this sort of thing lightly.
Baumann is the man in charge of engine development, and the manual transmission now benefits, in Sport Plus mode at least, from an automatic blip when performing downshifts. It's an unnecessary feature but it's fun. And that, more than anything, is what the new Cayman is about: the one f-word we love to say, but rarely get to, when describing the driving experience on offer from a new car.
It's improved in every possible way over the outgoing model. It looks stunning, like a diminutive Carrera GT with a roof. The wheelbase is 60mm longer and its track is wider, for improved handling. The engines (2.7L for the normal one and 3.4L for the S model) are more powerful, lighter and drink less fuel. And yet they sound utterly intoxicating, especially when you hit Sport Plus and the trick exhaust kicks in. It's pure race car and, when you lift off the throttle, the pops and bangs and gurgles that pour forth are sonic heaven. I'm struggling to think of any aspect about this car that doesn't delight me.
So I have accepted what I already knew deep down. This is the perfect car - something I was close to saying about the new Boxster last year after driving one for a few days. But the Cayman is stiffer, more focused on delivering a better hit, better able to unleash that enthusiastic driver you know you are - if only you had the right wheels and the right roads at your disposal.
I don't often take the opportunity to talk cars with the people I meet at launches who are responsible for developing them, but last night I couldn't help myself. I just had shake their hands and congratulate them on doing the very best possible job.
But today is the real test. As blindingly brilliant as a car can be on public roads, it's the racetrack that sifts the wheat from the chaff. Today, the weather is just right - cool, free of wind and the sun is shining. And the track, one I had assumed would be little more than a glorified karting circuit, is nothing of the sort. The Autodromo Internacional do Algarve is one of the best I have ever had the privilege of experiencing: extremely long, with a flawless surface for plenty of grip and loads of blind crests to be taken flat-out- if you're brave enough.
I climb into an S model with Porsche's excellent PDK dual-clutch transmission (tellingly, not a single car here is blighted by the infernal toggle switches that normally ruin the experience - they're all either manual or fitted with proper, beautifully engineered alloy paddle shifters) and adjust my seat. As I wait for the lead car to give us the nod to head on to the track, I take a moment to look around the cabin, and it's as though the previous model never existed. Everything is intuitive, tactile and lovely to look at. The seats (sport bucket items yesterday, regulars today) are wonderfully comfortable, supportive and easy to position for just the right posture.
It's time to go and the lead instructor doesn't hang about. He's in a new 911 Carrera S and immediately guns it out of the pit lane - even on the first, familiarisation lap it's scarily quick. I have my car in Sport Plus mode for increased punch and a stiffer chassis set-up, and it doesn't disappoint. For five glorious laps, this car provides the most incredible adrenaline rush, exhibiting perfect poise and balance and more than enough power to keep on the tail of that wailing Carrera up front.
The grip from the Cayman's front tyres is sensational, allowing the tightest corners to be taken at speeds that would have most other cars struggling to maintain the chosen line. It's staggeringly quick, eminently chuckable through the bends and inspires huge levels of confidence in the driver, rewarding them with the drive of their lives, time after time. In fact, as I write these words, my legs are still shaking - it's that exhilarating.
Jaguar, your F-Type has a new benchmark - the Cayman S has just set the bar higher than it ever was. And, if you're in the market for a new Porsche, take off those 911-shaped blinkers, because this is the thinking person's Carrera.
The Cayman will hit showrooms in the UAE at the end of next month.
Base price to be announced
Engine 3.4L, mid-mounted boxer six cylinder
Transmission Seven-speed DSG
Power 325hp @ 7,400rpm
Torque 370Nm @ 4,500rpm
Fuel economy, combined 8.0L/100km
The specs: 2017 Dodge Ram 1500 Laramie Longhorn
Price, base / as tested: Dhxxx
Engine: 5.7L V8
Transmission: Eight-speed automatic
Power: 395hp @ 5,600rpm
Torque: 556Nm @ 3,950rpm
Fuel economy, combined: 12.7L / 100km
The specs: 2018 Alfa Romeo Stelvio
Price, base: Dh198,300
Engine: 2.0L in-line four-cylinder
Transmission: Eight-speed automatic
Power: 280hp @ 5,250rpm
Torque: 400Nm @ 2,250rpm
Fuel economy, combined: 7L / 100km
WOMAN AND CHILD
Director: Saeed Roustaee
Starring: Parinaz Izadyar, Payman Maadi
Rating: 4/5
How does ToTok work?
The calling app is available to download on Google Play and Apple App Store
To successfully install ToTok, users are asked to enter their phone number and then create a nickname.
The app then gives users the option add their existing phone contacts, allowing them to immediately contact people also using the application by video or voice call or via message.
Users can also invite other contacts to download ToTok to allow them to make contact through the app.
MATCH INFO
Manchester United v Manchester City, Wednesday, 11pm (UAE)
Match is on BeIN Sports
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
UAE currency: the story behind the money in your pockets
Nepotism is the name of the game
Salman Khan’s father, Salim Khan, is one of Bollywood’s most legendary screenwriters. Through his partnership with co-writer Javed Akhtar, Salim is credited with having paved the path for the Indian film industry’s blockbuster format in the 1970s. Something his son now rules the roost of. More importantly, the Salim-Javed duo also created the persona of the “angry young man” for Bollywood megastar Amitabh Bachchan in the 1970s, reflecting the angst of the average Indian. In choosing to be the ordinary man’s “hero” as opposed to a thespian in new Bollywood, Salman Khan remains tightly linked to his father’s oeuvre. Thanks dad.
Director: Laxman Utekar
Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna
Rating: 1/5
Tearful appearance
Chancellor Rachel Reeves set markets on edge as she appeared visibly distraught in parliament on Wednesday.
Legislative setbacks for the government have blown a new hole in the budgetary calculations at a time when the deficit is stubbornly large and the economy is struggling to grow.
She appeared with Keir Starmer on Thursday and the pair embraced, but he had failed to give her his backing as she cried a day earlier.
A spokesman said her upset demeanour was due to a personal matter.
The specs
Engine: 4.0-litre V8 twin-turbocharged and three electric motors
Power: Combined output 920hp
Torque: 730Nm at 4,000-7,000rpm
Transmission: 8-speed dual-clutch automatic
Fuel consumption: 11.2L/100km
On sale: Now, deliveries expected later in 2025
Price: expected to start at Dh1,432,000
Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE