The boxing super fight between Manny Pacquiao and Amir Khan is expected to be held in the UAE on April 23. The news has generated excitement among readers. Martin Willetts / Getty Images
The boxing super fight between Manny Pacquiao and Amir Khan is expected to be held in the UAE on April 23. The news has generated excitement among readers. Martin Willetts / Getty Images
The boxing super fight between Manny Pacquiao and Amir Khan is expected to be held in the UAE on April 23. The news has generated excitement among readers. Martin Willetts / Getty Images
The boxing super fight between Manny Pacquiao and Amir Khan is expected to be held in the UAE on April 23. The news has generated excitement among readers. Martin Willetts / Getty Images

Can Pacquiao beat Khan?


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Manny Pacquiao and Amir Khan are both good boxers (Terms agreed and UAE in the driving seat to host Manny Pacquiao v Amir Khan ‘super fight’ on April 23, February 27). However, Amir needs to work hard as Pacquiao is fast. My favourite is Khan, although he is not that strong.

Faheem Mahmud, Dubai

I am sure Amir Khan will drop like a paper in a an early round of the fight. I have followed every single fight of Khan. He has the speed, but his careless glass jaw is his weakness. It’s simply too much for him to handle the speed and power of Manny Pacquiao. That said, both of them are great warriors in the ring.

Kevin Liddell, Dubai

It’s hard to stay calm while driving here

After experiencing the way some people drive here, I can say that road rage is something any responsible level-headed driver will get at some point (Angry while driving? Blame it on your mental health, February 27). After a while one gets sick and tired of some irresponsible drivers who blatantly disregard other people's lives.

Casey N Corley, Qatar

Self-importance and impatience are the main reasons for road rage in this country. It’s also common because of a lack of law enforcement.

To improve road safety in the UAE, the penalties need to be far more severe.

Giles Heaton, Dubai

Dollar plays a key role

In your story Strong dollar weakens short-term demand for Dubai property (February 19), suggesting that currency fluctuation has little impact on cross-border flow is incorrect. As Standard and Poor's points out, the strength of the dollar is one of the key factors in the current environment.

James Holmes, UK

Follow example of Ireland

We should all follow the example of Ireland and give Palestinians their overdue independent state (Who is Salam Fayyad and why does the US fear him? February 13). The world should boycott and sanction Israel until it ends the occupation.

Wadad de Marco, Australia

No guard against VX nerve agents

In reference to your editorial North Korea hit raises fears in the region (February 26), there is no current defence against a tasteless and odourless VX nerve agent.

If, and when, a VX nerve agent is deployed in an act of mass terrorism or war, there will be no practicable defence, as an antidote such as an injection of atropine would be unavailable within the critical time period, meaning that all persons ingesting the contaminant would die within minutes. Furthermore, thousands – or millions – of innocent civilians could be liquidated by just a single attack with this chemical, one of the deadliest toxins created by man.

Just four 50-litre containers of VX nerve agent could contaminate a city’s main water supply and kill a majority of residents in Greater London, Paris, Rome, Berlin or New York – or any other metropolitan area, within 15 minutes.

The chemical weapons convention of 1997 is an international arms control treaty that bans production, stockpiling and use of chemical weapons and their precursors.

VX nerve agents are specifically prohibited under the convention, which has been signed and ratified by 98 per cent of the global population.

Out of 196 UN members, only four countries have refused to ratify the convention. They are: North Korea, Israel, Egypt and South Sudan.

Anthony Bellchambers, UK

%E2%80%98FSO%20Safer%E2%80%99%20-%20a%20ticking%20bomb
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Director: Laxman Utekar

Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna

Rating: 1/5

Section 375

Cast: Akshaye Khanna, Richa Chadha, Meera Chopra & Rahul Bhat

Director: Ajay Bahl

Producers: Kumar Mangat Pathak, Abhishek Pathak & SCIPL

Rating: 3.5/5

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

RESULTS

Bantamweight title:
Vinicius de Oliveira (BRA) bt Xavier Alaoui (MAR)
(KO round 2)
Catchweight 68kg:
Sean Soriano (USA) bt Noad Lahat (ISR)
(TKO round 1)
Middleweight:
Denis Tiuliulin (RUS) bt Juscelino Ferreira (BRA)
(TKO round 1)
Lightweight:
Anas Siraj Mounir (MAR) bt Joachim Tollefsen (DEN)
(Unanimous decision)
Catchweight 68kg:
Austin Arnett (USA) bt Daniel Vega (MEX)
(TKO round 3)
Lightweight:
Carrington Banks (USA) bt Marcio Andrade (BRA)
(Unanimous decision)
Catchweight 58kg:
Corinne Laframboise (CAN) bt Malin Hermansson (SWE)
(Submission round 2)
Bantamweight:
Jalal Al Daaja (CAN) bt Juares Dea (CMR)
(Split decision)
Middleweight:
Mohamad Osseili (LEB) bt Ivan Slynko (UKR)
(TKO round 1)
Featherweight:
Tarun Grigoryan (ARM) bt Islam Makhamadjanov (UZB)
(Unanimous decision)
Catchweight 54kg:
Mariagiovanna Vai (ITA) bt Daniella Shutov (ISR)
(Submission round 1)
Middleweight:
Joan Arastey (ESP) bt Omran Chaaban (LEB)
(Unanimous decision)
Welterweight:
Bruno Carvalho (POR) bt Souhil Tahiri (ALG)
(TKO)

COMPANY%20PROFILE
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23-man shortlist for next six Hall of Fame inductees

Tony Adams, David Beckham, Dennis Bergkamp, Sol Campbell, Eric Cantona, Andrew Cole, Ashley Cole, Didier Drogba, Les Ferdinand, Rio Ferdinand, Robbie Fowler, Steven Gerrard, Roy Keane, Frank Lampard, Matt Le Tissier, Michael Owen, Peter Schmeichel, Paul Scholes, John Terry, Robin van Persie, Nemanja Vidic, Patrick Viera, Ian Wright.

Company%20profile
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The Year Earth Changed

Directed by:Tom Beard

Narrated by: Sir David Attenborough

Stars: 4

Types of bank fraud

1) Phishing

Fraudsters send an unsolicited email that appears to be from a financial institution or online retailer. The hoax email requests that you provide sensitive information, often by clicking on to a link leading to a fake website.

2) Smishing

The SMS equivalent of phishing. Fraudsters falsify the telephone number through “text spoofing,” so that it appears to be a genuine text from the bank.

3) Vishing

The telephone equivalent of phishing and smishing. Fraudsters may pose as bank staff, police or government officials. They may persuade the consumer to transfer money or divulge personal information.

4) SIM swap

Fraudsters duplicate the SIM of your mobile number without your knowledge or authorisation, allowing them to conduct financial transactions with your bank.

5) Identity theft

Someone illegally obtains your confidential information, through various ways, such as theft of your wallet, bank and utility bill statements, computer intrusion and social networks.

6) Prize scams

Fraudsters claiming to be authorised representatives from well-known organisations (such as Etisalat, du, Dubai Shopping Festival, Expo2020, Lulu Hypermarket etc) contact victims to tell them they have won a cash prize and request them to share confidential banking details to transfer the prize money.

SPEC%20SHEET
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FROM%20THE%20ASHES
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Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

Sour%20Grapes
%3Cp%3E%3Cstrong%3EAuthor%3A%20%3C%2Fstrong%3EZakaria%20Tamer%3Cbr%3E%3Cstrong%3EPublisher%3A%20%3C%2Fstrong%3ESyracuse%20University%20Press%3Cbr%3E%3Cstrong%3EPages%3A%20%3C%2Fstrong%3E176%3C%2Fp%3E%0A
Lexus LX700h specs

Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor

Power: 464hp at 5,200rpm

Torque: 790Nm from 2,000-3,600rpm

Transmission: 10-speed auto

Fuel consumption: 11.7L/100km

On sale: Now

Price: From Dh590,000

Meatless Days
Sara Suleri, with an introduction by Kamila Shamsie
​​​​​​​Penguin 

COMPANY PROFILE

Name: Qyubic
Started: October 2023
Founder: Namrata Raina
Based: Dubai
Sector: E-commerce
Current number of staff: 10
Investment stage: Pre-seed
Initial investment: Undisclosed