Basra Corniche is abuzz with Iraqis enjoying evenings lit up by fireworks and traditional music, just days before football's Arabian Gulf Cup comes to town.
Fans sail in wooden boats on the Shatt Al Arab waterway, the confluence of the Tigris and Euphrates rivers on which the southern port of Basra stands. Flags of the Gulf states decorate the vessels, from which songs welcoming teams blare.
The Gulf Cup is returning to Iraq on Friday, for the first time since 1979.
In the four decades or so that followed, the country has endured war and diplomatic isolation, then political and security instability after the 2003 US-led invasion that toppled Saddam Hussein.
Iraq will be joined by the UAE, Saudi Arabia, Kuwait, Bahrain, Oman, Qatar and Yemen in the 25th Gulf Cup, which will run from January 6 to 19 in Basra.
For Iraqis, hosting the biennial event — first held in Bahrain in 1970 — will turn a new page in the troubled history of their country, boost relations with Gulf neighbours and represent a crucial move towards recovery.
“It is an indescribable feeling, we are so thrilled to have the tournament here in Basra and to host our dear brothers from the Gulf states after all these years,” Mustafa Mohammed, 30, tells The National.
Mr Mohammed strolls along the Corniche with his son Ibrahim, 6, who asks his father to snap pictures of him next to the flags and signs of welcome.
“Football has the power to bring people together and having the tournament here means a lot, not only for Basra but for all Iraq,” Mr Mohammed says.
“It will change the picture of Iraq from an unsecure land with killing in every corner to a stable country with peaceful people”.
“The event will help opening up Iraq to tourists and investment.”
However, he admits that “it still needs a few more years for full recovery”.
Former champions
When the tournament was staged in Baghdad in 1979, the hosts were crowned champions. Iraq also won in 1984 and 1988.
Following the 1990 invasion of Kuwait that led to severing ties between Baghdad and other Gulf states, the Iraqi team was banned from taking part in the competition.
It returned in 2004, a year after Saddam Hussein was removed from power.
After 2010, Iraq pushed for hosting the event, but the fragile security situation in many parts of the country, political upheaval and a lack of sports infrastructure discouraged the Arab Gulf Cup Football Federation.
To meet requirements, Iraq over the past few years has built modern sports facilities and hotels.
It constructed the Basra International Stadium with a capacity of 65,000. It is also called the Trunk of the Palm because its design is inspired by the palm trees for which Basra is famed.
It also built Al Minaa Olympic Stadium, which can accommodate 30,000 spectators. New five-star hotels have sprung up in the city.
Festive mood
A few days ahead of the competition, the city is in a festive mood with preparations in full swing.
Workers apply fresh paint to the pavements and plant flowers and trees. Bulldozers remove rubbish and debris from main streets.
The flags of the Gulf States hang from electricity poles and tall buildings. Billboards welcoming the teams and their fans dot the city, next to posters of militiamen killed in the fight against ISIS between 2014 and 2017.
“Welcome Gulf people!” reads one banner on the main road linking Basra International Airport to the city.
“Basra is your home,” says another, next to the mascot for the tournament, Sinbad the Sailor — one of the region’s legendary characters.
With hotels fully booked, tribal chieftains have offered their mudhifs — public halls where tribes mainly welcome guests and settle community affairs — to host the Gulf fans.
Volunteers have launched a website for residents who want to host visitors. Fans can also apply if they need a place to stay.
Iraq has even waived visa fees and tariffs on cars for Gulf fans.
“I’m confident the championship will be the most successful one,” Basra Governor Asaad Al Eidani told state TV on Monday.
“The post-championship Iraq will be different from the pre-championship one.
“It is a step forward to retain Iraq’s normal position in the fields of sport, culture and social. It is a message to the whole world that we are capable.”
Missed opportunities
Despite its oil wealth — about 70 per cent of Iraq’s proven reserves of 153.1 billion barrels are found in Basra province — the city is plagued by broken infrastructure, poverty and violence.
Piles of rubbish are strewn on dusty streets where donkeys, stray dogs, sheep and goats roam. Rivers running through the city are filled with sewage and rubbish.
Armed tribal disputes often break out inside Basra itself and its outskirts. In August, clashes between Shiite militias erupted, amid months-long political wrangling to form the country's government.
Informal settlements can be found near the stadiums and main streets, as well as in the city's outskirts.
Authorities are erecting metal screens and wooden panels so these are hidden from visitors.
“It's as if we are expecting guests at home, but we can’t clean it, so we put a carpet to cover the dirt,” says taxi driver Aziz Mohammed, laughing as he dodges potholes.
Like some Basrawis, Mr Mohammed says the tournament is not a priority.
“They should have spent these funds on improving public services and find solutions for those living in slums, instead,” he says.
Company%20profile
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Pakistan Super League
Previous winners
2016 Islamabad United
2017 Peshawar Zalmi
2018 Islamabad United
2019 Quetta Gladiators
Most runs Kamran Akmal – 1,286
Most wickets Wahab Riaz –65
A list of the animal rescue organisations in the UAE
UK’s AI plan
- AI ambassadors such as MIT economist Simon Johnson, Monzo cofounder Tom Blomfield and Google DeepMind’s Raia Hadsell
- £10bn AI growth zone in South Wales to create 5,000 jobs
- £100m of government support for startups building AI hardware products
- £250m to train new AI models
Ruwais timeline
1971 Abu Dhabi National Oil Company established
1980 Ruwais Housing Complex built, located 10 kilometres away from industrial plants
1982 120,000 bpd capacity Ruwais refinery complex officially inaugurated by the founder of the UAE Sheikh Zayed
1984 Second phase of Ruwais Housing Complex built. Today the 7,000-unit complex houses some 24,000 people.
1985 The refinery is expanded with the commissioning of a 27,000 b/d hydro cracker complex
2009 Plans announced to build $1.2 billion fertilizer plant in Ruwais, producing urea
2010 Adnoc awards $10bn contracts for expansion of Ruwais refinery, to double capacity from 415,000 bpd
2014 Ruwais 261-outlet shopping mall opens
2014 Production starts at newly expanded Ruwais refinery, providing jet fuel and diesel and allowing the UAE to be self-sufficient for petrol supplies
2014 Etihad Rail begins transportation of sulphur from Shah and Habshan to Ruwais for export
2017 Aldar Academies to operate Adnoc’s schools including in Ruwais from September. Eight schools operate in total within the housing complex.
2018 Adnoc announces plans to invest $3.1 billion on upgrading its Ruwais refinery
2018 NMC Healthcare selected to manage operations of Ruwais Hospital
2018 Adnoc announces new downstream strategy at event in Abu Dhabi on May 13
Source: The National
AI traffic lights to ease congestion at seven points to Sheikh Zayed bin Sultan Street
The seven points are:
Shakhbout bin Sultan Street
Dhafeer Street
Hadbat Al Ghubainah Street (outbound)
Salama bint Butti Street
Al Dhafra Street
Rabdan Street
Umm Yifina Street exit (inbound)
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Torbal Rayeh Wa Jayeh
Starring: Ali El Ghoureir, Khalil El Roumeithy, Mostafa Abo Seria
Stars: 3
Tamkeen's offering
- Option 1: 70% in year 1, 50% in year 2, 30% in year 3
- Option 2: 50% across three years
- Option 3: 30% across five years
The BIO
Favourite piece of music: Verdi’s Requiem. It’s awe-inspiring.
Biggest inspiration: My father, as I grew up in a house where music was constantly played on a wind-up gramophone. I had amazing music teachers in primary and secondary school who inspired me to take my music further. They encouraged me to take up music as a profession and I follow in their footsteps, encouraging others to do the same.
Favourite book: Ian McEwan’s Atonement – the ending alone knocked me for six.
Favourite holiday destination: Italy - music and opera is so much part of the life there. I love it.
The bio
Who inspires you?
I am in awe of the remarkable women in the Arab region, both big and small, pushing boundaries and becoming role models for generations. Emily Nasrallah was a writer, journalist, teacher and women’s rights activist
How do you relax?
Yoga relaxes me and helps me relieve tension, especially now when we’re practically chained to laptops and desks. I enjoy learning more about music and the history of famous music bands and genres.
What is favourite book?
The Perks of Being a Wallflower - I think I've read it more than 7 times
What is your favourite Arabic film?
Hala2 Lawen (Translation: Where Do We Go Now?) by Nadine Labaki
What is favourite English film?
Mamma Mia
Best piece of advice to someone looking for a career at Google?
If you’re interested in a career at Google, deep dive into the different career paths and pinpoint the space you want to join. When you know your space, you’re likely to identify the skills you need to develop.
Guide to intelligent investing
Investing success often hinges on discipline and perspective. As markets fluctuate, remember these guiding principles:
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The specs: 2018 Maserati Ghibli
Price, base / as tested: Dh269,000 / Dh369,000
Engine: 3.0-litre twin-turbocharged V6
Transmission: Eight-speed automatic
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The specs
Engine: 2.0-litre 4cyl turbo
Power: 261hp at 5,500rpm
Torque: 405Nm at 1,750-3,500rpm
Transmission: 9-speed auto
Fuel consumption: 6.9L/100km
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UAE currency: the story behind the money in your pockets
Race 3
Produced: Salman Khan Films and Tips Films
Director: Remo D’Souza
Cast: Salman Khan, Anil Kapoor, Jacqueline Fernandez, Bobby Deol, Daisy Shah, Saqib Salem
Rating: 2.5 stars
Overview
Cricket World Cup League Two: Nepal, Oman, United States tri-series, Tribhuvan University, Kathmandu
Fixtures
Wednesday February 5, Oman v Nepal
Thursday, February 6, Oman v United States
Saturday, February 8, United States v Nepal
Sunday, February 9, Oman v Nepal
Tuesday, February 11, Oman v United States
Wednesday, February 12, United States v Nepal
Results
5pm: Wadi Nagab – Maiden (PA) Dh80,000 (Turf) 1,200m; Winner: Al Falaq, Antonio Fresu (jockey), Ahmed Al Shemaili (trainer)
5.30pm: Wadi Sidr – Handicap (PA) Dh80,000 (T) 1,200m; Winner: AF Majalis, Tadhg O’Shea, Ernst Oertel
6pm: Wathba Stallions Cup – Handicap (PA) Dh70,000 (T) 2,200m; Winner: AF Fakhama, Fernando Jara, Mohamed Daggash
6.30pm: Wadi Shees – Handicap (PA) Dh80,000 (T) 2,200m; Winner: Mutaqadim, Antonio Fresu, Ibrahim Al Hadhrami
7pm: Arabian Triple Crown Round-1 – Listed (PA) Dh230,000 (T) 1,600m; Winner: Bahar Muscat, Antonio Fresu, Ibrahim Al Hadhrami
7.30pm: Wadi Tayyibah – Maiden (TB) Dh80,000 (T) 1,600m; Winner: Poster Paint, Patrick Cosgrave, Bhupat Seemar
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
Abandon
Sangeeta Bandyopadhyay
Translated by Arunava Sinha
Tilted Axis Press
What is tokenisation?
Tokenisation refers to the issuance of a blockchain token, which represents a virtually tradable real, tangible asset. A tokenised asset is easily transferable, offers good liquidity, returns and is easily traded on the secondary markets.
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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
AUSTRALIA SQUAD
Steve Smith (capt), David Warner, Cameron Bancroft, Jackson Bird, Pat Cummins, Peter Handscomb, Josh Hazlewood, Usman Khawaja, Nathan Lyon, Shaun Marsh, Tim Paine, Chadd Sayers, Mitchell Starc.
Biography
Favourite drink: Must have karak chai and Chinese tea every day
Favourite non-Chinese food: Arabic sweets and Indian puri, small round bread of wheat flour
Favourite Chinese dish: Spicy boiled fish or anything cooked by her mother because of its flavour
Best vacation: Returning home to China
Music interests: Enjoys playing the zheng, a string musical instrument
Enjoys reading: Chinese novels, romantic comedies, reading up on business trends, government policy changes
Favourite book: Chairman Mao Zedong’s poems
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THE SPECS
Engine: 3.6-litre V6
Transmission: eight-speed automatic
Power: 285bhp
Torque: 353Nm
Price: TBA
On sale: Q2, 2020
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