Only You Madrid opening offer
Visitors to Madrid can now check in to the Only You Hotel Atocha, Madrid, which is the city's second hotel from Spanish boutique-hotel brand Only You – the other hotel is in the Chueca neighbourhood. The new designer hotel has 205 rooms across seven floors in a converted historic building near the Atocha train station. The hotel currently has an opening offer of €172.50 (Dh669) per night, including taxes. For more information, visit www.onlyyouhotels.com
Belmond reopens in Siem Reap
The luxury-travel company formerly known as Orient Express has reopened its hotel in Cambodia, the Belmond La Résidence d'Angkor in Siem Reap, following a full refurbishment. The hotel is now all suites, with fully redesigned interiors decorated with traditional hardwood furnishings and contemporary Cambodian art. There's also a new library, a saltwater swimming pool, a restaurant serving organic food and an outdoor dining space. Double rooms cost from Dh1,174 per night, including taxes. Visit www.belmond.com
New Oberoi opens its doors in India
Visitors to the north Indian city of Chandigarh can now check into the luxurious Oberoi Sukhvilas in the nearby Siswan Forest Range, which comprises more than 3,000 hectares of protected forest in the foothills of the Himalayas. A spa will open in January. Double rooms cost from 25,740 rupees (Dh1,401) per night, including taxes. For more information, visit www.oberoihotels.com
Fresh budget-hotel option in Dubai
The British budget-hotel company Premier Inn has opened its sixth property in the UAE at Dubai's Ibn Battuta Mall. The 372-room property is directly linked to the mall and close to the Metro station. Rooms are from 18 square metres and cost from Dh225 per night, including taxes. For more information, visit www.global.premierinn.com
Bigger Thai villas to cater to demand
A selection of new family-size villas opened in Phuket this week as part of the luxury Iniala Beach House resort, which opened in 2014. The new Iniala Shores villas sleep up to 12 people and are located on a private estate. Villas cost from US$1,675 (Dh6,152) per night, including taxes. For more information, visit www.iniala.com
rbehan@thenational.ae
Our legal columnist
Name: Yousef Al Bahar
Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994
Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers
Episode list:
Ep1: A recovery like no other- the unevenness of the economic recovery
Ep2: PCR and jobs - the future of work - new trends and challenges
Ep3: The recovery and global trade disruptions - globalisation post-pandemic
Ep4: Inflation- services and goods - debt risks
Ep5: Travel and tourism
COMPANY%20PROFILE
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COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
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RESULTS
5pm Maiden (PA) Dh70,000 (Dirt) 1,400m
Winner AF Nashrah, Tadhg O’Shea (jockey), Ernst Oertel (trainer)
5.30pm Maiden (PA) Dh70,000 (D) 1,400m
Winner Mutaqadim, Riccardo Iacopini, Ibrahim Al Hadhrami.
6pm Maiden (PA) Dh70,000 (D) 1,600m
Winner Hameem, Jose Santiago, Abdallah Al Hammadi.
6.30pm Maiden (PA) Dh70,000 (D) 1,600m
Winner AF Almomayaz, Sandro Paiva, Ali Rashid Al Raihe.
7pm Handicap (PA) Dh70,000 (D) 1,800m
Winner Dalil Al Carrere, Fernando Jara, Mohamed Daggash.
7.30pm Handicap (TB) Dh70,000 (D) 1,000m
Winner Lahmoom, Royston Ffrench, Salem bin Ghadayer.
8pm Handicap (PA) Dh70,000 (D) 1,000m
Winner Jayide Al Boraq, Bernardo Pinheiro, Khalifa Al Neyadi.
Citadel: Honey Bunny first episode
Directors: Raj & DK
Stars: Varun Dhawan, Samantha Ruth Prabhu, Kashvi Majmundar, Kay Kay Menon
Rating: 4/5
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What is the FNC?
The Federal National Council is one of five federal authorities established by the UAE constitution. It held its first session on December 2, 1972, a year to the day after Federation.
It has 40 members, eight of whom are women. The members represent the UAE population through each of the emirates. Abu Dhabi and Dubai have eight members each, Sharjah and Ras al Khaimah six, and Ajman, Fujairah and Umm Al Quwain have four.
They bring Emirati issues to the council for debate and put those concerns to ministers summoned for questioning.
The FNC’s main functions include passing, amending or rejecting federal draft laws, discussing international treaties and agreements, and offering recommendations on general subjects raised during sessions.
Federal draft laws must first pass through the FNC for recommendations when members can amend the laws to suit the needs of citizens. The draft laws are then forwarded to the Cabinet for consideration and approval.
Since 2006, half of the members have been elected by UAE citizens to serve four-year terms and the other half are appointed by the Ruler’s Courts of the seven emirates.
In the 2015 elections, 78 of the 252 candidates were women. Women also represented 48 per cent of all voters and 67 per cent of the voters were under the age of 40.
How to watch Ireland v Pakistan in UAE
When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.
THE SPECS
Engine: 6.75-litre twin-turbocharged V12 petrol engine
Power: 420kW
Torque: 780Nm
Transmission: 8-speed automatic
Price: From Dh1,350,00
On sale: Available for preorder now
Business Insights
- As per the document, there are six filing options, including choosing to report on a realisation basis and transitional rules for pre-tax period gains or losses.
- SMEs with revenue below Dh3 million per annum can opt for transitional relief until 2026, treating them as having no taxable income.
- Larger entities have specific provisions for asset and liability movements, business restructuring, and handling foreign permanent establishments.
UAE currency: the story behind the money in your pockets
