• Left to right: Chelsea's Hakim Ziyech, Ross Barkley and Romelu Lukaku train in Abu Dhabi on Tuesday, February 8, 2022, ahead of their Club World Cup semi-final against Al Hilal. AP
    Left to right: Chelsea's Hakim Ziyech, Ross Barkley and Romelu Lukaku train in Abu Dhabi on Tuesday, February 8, 2022, ahead of their Club World Cup semi-final against Al Hilal. AP
  • Left to right: Chelsea's Mason Mount, Thiago Silva, N'Golo Kante, Mateo Kovacic and Jorginho during training the Mohamed bin Zayed Stadium in Abu Dhabi. AP
    Left to right: Chelsea's Mason Mount, Thiago Silva, N'Golo Kante, Mateo Kovacic and Jorginho during training the Mohamed bin Zayed Stadium in Abu Dhabi. AP
  • Chelsea's Cesar Azpilicueta during a training in Abu Dhabi. AP
    Chelsea's Cesar Azpilicueta during a training in Abu Dhabi. AP
  • Chelsea's Mateo Kovacic, right, training with teammates. EPA
    Chelsea's Mateo Kovacic, right, training with teammates. EPA
  • Chelsea players training Abu Dhabi. AP
    Chelsea players training Abu Dhabi. AP
  • Chelsea defender Antonio Rudiger during training. AP
    Chelsea defender Antonio Rudiger during training. AP
  • Chelsea's N'Golo Kante during training in Abu Dhabi. AP
    Chelsea's N'Golo Kante during training in Abu Dhabi. AP
  • Chelsea's Marcos Alonso, second right, training with teammates ahead of their Club World Cup match against Al Hilal. EPA
    Chelsea's Marcos Alonso, second right, training with teammates ahead of their Club World Cup match against Al Hilal. EPA
  • Chelsea goalkeeper Kepa Arrizabalaga. EPA
    Chelsea goalkeeper Kepa Arrizabalaga. EPA
  • Chelsea striker Romelu Lukaku. EPA
    Chelsea striker Romelu Lukaku. EPA
  • From second left: Chelsea's Thiago Silva, N'Golo Kante and Mateo Kovacic. EPA
    From second left: Chelsea's Thiago Silva, N'Golo Kante and Mateo Kovacic. EPA
  • Chelsea's Thiago Silva, centre left, and Mason Mount, centre right, during training. AP
    Chelsea's Thiago Silva, centre left, and Mason Mount, centre right, during training. AP
  • Chelsea players training in Abu Dhabi. AP
    Chelsea players training in Abu Dhabi. AP
  • Chelsea goalkeepers Kepa Arrizabalaga, left, and Marcus Bettinelli. AP
    Chelsea goalkeepers Kepa Arrizabalaga, left, and Marcus Bettinelli. AP
  • Chelsea striker Romelu Lukaku makes a point at training. AP
    Chelsea striker Romelu Lukaku makes a point at training. AP
  • Chelsea midfielder N'Golo Kante. AP
    Chelsea midfielder N'Golo Kante. AP
  • Chelsea's Thiago Silva, right, controls the ball at training. AP
    Chelsea's Thiago Silva, right, controls the ball at training. AP
  • Chelsea's Mason Mount training at the Mohamed bin Zayed Stadium. Reuters
    Chelsea's Mason Mount training at the Mohamed bin Zayed Stadium. Reuters
  • Chelsea's technical and performance advisor Petr Cech at the Mohamed bin Zayed Stadium. EPA
    Chelsea's technical and performance advisor Petr Cech at the Mohamed bin Zayed Stadium. EPA
  • Chelsea players training at the Mohamed Bin Zayed Stadium. EPA
    Chelsea players training at the Mohamed Bin Zayed Stadium. EPA
  • Chelsea striker Romelu Lukaku during training. Reuters
    Chelsea striker Romelu Lukaku during training. Reuters
  • Chelsea's N'Golo Kante and Mason Mount. AP
    Chelsea's N'Golo Kante and Mason Mount. AP
  • Chelsea's Thiago Silva and Mason Mount during training. Reuters
    Chelsea's Thiago Silva and Mason Mount during training. Reuters
  • Chelsea training at the Mohamed bin Zayed Stadium. Reuters
    Chelsea training at the Mohamed bin Zayed Stadium. Reuters
  • Chelsea's N'Golo Kante during training. AP
    Chelsea's N'Golo Kante during training. AP

Club World Cup: Thomas Tuchel, Leonardo Jardim and a bomb attack that shocked football


Ian Hawkey
  • English
  • Arabic

Almost every time Leonardo Jardim, whose Al Hilal meet the Champions of Europe on Wednesday, comes across Thomas Tuchel, the manager of Chelsea, the circumstances are less than ideal.

Covid restrictions in Abu Dhabi oblige Tuchel to oversee his first Club World Cup fixture remotely, communicating from afar with his assistants Zsolt Low and Arno Michels.

The first time Tuchel and Michels took on a Jardim side, also with high stakes, far graver safety issues shaped events.

It was April 2017 and Jardim was in charge of a dashing Monaco. They were setting the pace in a French Ligue 1 where the front-runners are normally assumed to be Paris Saint-Germain.

Jardim’s team had just knocked Manchester City out of the Champions League, an achievement that earned a quarter-final against Borussia Dortmund, then being coached by Tuchel, with Michels alongside him.

As the bus carrying the Dortmund players and staff travelled to the Westfalenstadion, a bomb was detonated by the side of the road, causing injuries to a policeman, and, as a window shattered, to the Dortmund defender Marc Bartra.

The match - the first leg of the tie - was postponed, though only until the next day, much to Tuchel’s disgust. He saw the psychological impact on his players of the frightening blast, which had deliberately targeted the Dortmund bus. The bomb was planted, a court later found, by a man seeking to profit from a sharp, sudden fall in Dortmund’s share value.

Monaco won the rearranged fixture 3-2, and would go on to extend their margin of victory with a 3-1 win in the second leg. Though the outcome of that tie was always coloured by the horrific prelude, there was no question that Jardim had fashioned an exceptional Monaco team.

That was the Monaco season when a teenaged flyer, by the name of Kylian Mbappe, announced himself as a superstar for a generation. It was the year that young players such as Bernardo Silva, now of City, Thomas Lemar, now of Atletico Madrid, and Fabinho, now of Liverpool, became coveted talents.

Al Hilal manager Leonardo Jardim during his team's Fifa Club World Cup win over Al Jazira in Abu Dhabi. Reuters
Al Hilal manager Leonardo Jardim during his team's Fifa Club World Cup win over Al Jazira in Abu Dhabi. Reuters

It was the season Monaco deposed PSG as French champions, and Jardim, inscrutable and studious, added his name to the long list of admired and adaptable Portuguese coaches collecting major prizes abroad. He had come to France bearing a reputation for tactical caution. His Monaco won Ligue 1 scoring 107 goals in their 38 games.

Like Tuchel, Jardim went into coaching young, with no significant CV as a player to push him up the ladder. Like Tuchel, a record of uplift at various clubs in his own national league guided him to silverware abroad.

Jardim’s Monaco success, following successful spells at Olympiakos and Sporting Lisbon, would indirectly impact on the course of Tuchel’s career.

PSG, pushed into second place in the French hierarchy after four league titles on the trot, contacted the German during the following year, earmarking him to take over from Unai Emery. The ambitious Paris superclub, who had snatched Mbappe from Monaco, appointed Tuchel their manager in the summer of 2018.

His first match in charge? The French Trophee des Champions, the equivalent of a domestic Super Cup. Tuchel’s PSG beat Jardim’s Monaco 4-0, hastening the end of Jardim’s first stint there.

The club from the Principality later reflected hard on what Jardim had given them, notably, a knack of maturing younger players, and asked Jardim back, barely three months after firing him. But Tuchel’s PSG were not for toppling.

  • Al Hilal's Mohamed Kanno against Al Jazira and Al Hilal in the Fifa Club World Cup at the Mohammed bin Zayed Stadium in Abu Dhabi. All images Chris Whiteoak / The National
    Al Hilal's Mohamed Kanno against Al Jazira and Al Hilal in the Fifa Club World Cup at the Mohammed bin Zayed Stadium in Abu Dhabi. All images Chris Whiteoak / The National
  • Al Hilal's celebrate scoring against Al Jazira at the Mohammed bin Zayed Stadium in Abu Dhabi.
    Al Hilal's celebrate scoring against Al Jazira at the Mohammed bin Zayed Stadium in Abu Dhabi.
  • Al Jazira's Abdoulay Diaby, left, battles with Yasser Al-Shahrani of Al Hilal.
    Al Jazira's Abdoulay Diaby, left, battles with Yasser Al-Shahrani of Al Hilal.
  • Al Jazira's Abdoulay Diaby celebrates scoring against Al Hilal in the Club World Cup in Abu Dhabi.
    Al Jazira's Abdoulay Diaby celebrates scoring against Al Hilal in the Club World Cup in Abu Dhabi.
  • Milos Kosanovic of Al Jazira battles with Odion Ighalo of Al Hilal.
    Milos Kosanovic of Al Jazira battles with Odion Ighalo of Al Hilal.
  • Al Hilal's Odion Ighalo scored at the Mohammed bin Zayed Stadium in Abu Dhabi.
    Al Hilal's Odion Ighalo scored at the Mohammed bin Zayed Stadium in Abu Dhabi.
  • Al Hilal's Matheus Pereira celebrates his goal against Al Jazira in the Club World Cup at the Mohammed bin Zayed Stadium.
    Al Hilal's Matheus Pereira celebrates his goal against Al Jazira in the Club World Cup at the Mohammed bin Zayed Stadium.
  • Al Hilal's Matheus Pereira scores at the Mohammed bin Zayed Stadium.
    Al Hilal's Matheus Pereira scores at the Mohammed bin Zayed Stadium.
  • Al Hilal's Matheus Pereira reacts after scoring.
    Al Hilal's Matheus Pereira reacts after scoring.
  • Al Jazira fans at the Mohammed bin Zayed Stadium.
    Al Jazira fans at the Mohammed bin Zayed Stadium.
  • Al Hilal fans before the game on Sunday.
    Al Hilal fans before the game on Sunday.
  • Al Jazira fans before the game at the Mohammed bin Zayed Stadium.
    Al Jazira fans before the game at the Mohammed bin Zayed Stadium.

The last Tuchel-Jardim encounter in France told the story of how buying up the best native talent in Ligue 1 had realigned the hierarchy. In April 2019, Tuchel’s PSG emphatically beat Jardim’s downsized Monaco 3-0, with an Mbappe hat-trick against his former club.

Jardim ended his second stint in French football, sacked again by Monaco, in December that year. Twelve months later, almost to the day, PSG fired Tuchel.

Both would bounce back with a continental title in double-quick time.

Tuchel famously delivered a Uefa Champions League within 123 days and 30 matches of his appointment, mid-season, as Frank Lampard’s successor at Chelsea.

Al Hilal made Jardim the successor to his Portuguese compatriot, Jose Morais, in June 2021. His 13th game in charge, 174 days after his appointment, would be the victorious Asian Champions League final against Pohang Steelers.

Jardim’s debut at the Club World Cup set a record for the competition, the weekend’s 6-1 win over Al Jazira an unprecedented margin in the modern Fifa format.

The tally of goals from his head-to-head against clubs managed by Tuchel suggests tonight should be lively, too. In four meetings, there have never been fewer than four goals in the 90 minutes.

  • Chelsea's Romelu Lukaku and Hakim Ziyech training in Abu Dhabi ahead of the Fifa Club World Cup. All images by Chris Whiteoak / The National
    Chelsea's Romelu Lukaku and Hakim Ziyech training in Abu Dhabi ahead of the Fifa Club World Cup. All images by Chris Whiteoak / The National
  • Chelsea's Ross Barkley training in Abu Dhabi.
    Chelsea's Ross Barkley training in Abu Dhabi.
  • Chelsea defenders Andreas Christensen and Cesar Azpilicueta.
    Chelsea defenders Andreas Christensen and Cesar Azpilicueta.
  • Chelsea striker Romelu Lukaku stretching with teammates.
    Chelsea striker Romelu Lukaku stretching with teammates.
  • Chelsea midfielder N'Golo Kante at training.
    Chelsea midfielder N'Golo Kante at training.
  • Chelsea attacker Kai Havertz during training.
    Chelsea attacker Kai Havertz during training.
  • Chelsea's Trevoh Chalobah passes the ball at training.
    Chelsea's Trevoh Chalobah passes the ball at training.
  • Chelsea assistant coach Arno Michels.
    Chelsea assistant coach Arno Michels.
  • Chelsea's Antonio Rudiger stretching during training.
    Chelsea's Antonio Rudiger stretching during training.
  • Timo Werner with his Chelsea teammates.
    Timo Werner with his Chelsea teammates.
  • Chelsea training in Abu Dhabi ahead of the Fifa Club World Cup.
    Chelsea training in Abu Dhabi ahead of the Fifa Club World Cup.
  • Chelsea's Kai Havertz.
    Chelsea's Kai Havertz.
  • Chelsea midfielder N'Golo Kante.
    Chelsea midfielder N'Golo Kante.
  • Chelsea's Trevoh Chalobah.
    Chelsea's Trevoh Chalobah.
  • Chelsea training in Abu Dhabi ahead of the Fifa Club World Cup.
    Chelsea training in Abu Dhabi ahead of the Fifa Club World Cup.
  • Chelsea defender Thiago Silva, centre, at training.
    Chelsea defender Thiago Silva, centre, at training.
  • Chelsea attacker Ross Barkley.
    Chelsea attacker Ross Barkley.
  • Chelsea's Trevoh Chalobah.
    Chelsea's Trevoh Chalobah.
  • Chelsea's Hakim Ziyech shares a joke with Romelu Lukaku.
    Chelsea's Hakim Ziyech shares a joke with Romelu Lukaku.
  • Chelsea assistant coach Arno Michels talks to the squad at training.
    Chelsea assistant coach Arno Michels talks to the squad at training.
  • Chelsea's Andreas Christensen.
    Chelsea's Andreas Christensen.
  • Chelsea wingback Reece James.
    Chelsea wingback Reece James.
  • Chelsea train ahead of the Fifa Club World Cup.
    Chelsea train ahead of the Fifa Club World Cup.
  • Chelsea's Romelu Lukaku.
    Chelsea's Romelu Lukaku.

Globalization and its Discontents Revisited
Joseph E. Stiglitz
W. W. Norton & Company

'Panga'

Directed by Ashwiny Iyer Tiwari

Starring Kangana Ranaut, Richa Chadha, Jassie Gill, Yagya Bhasin, Neena Gupta

Rating: 3.5/5

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3EQureos%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EUAE%0D%3Cbr%3E%3Cstrong%3ELaunch%20year%3A%20%3C%2Fstrong%3E2021%0D%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%20%3C%2Fstrong%3E33%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3ESoftware%20and%20technology%0D%3Cbr%3E%3Cstrong%3EFunding%3A%20%3C%2Fstrong%3E%243%20million%0D%3Cbr%3E%3C%2Fp%3E%0A
THE BIO: Martin Van Almsick

Hometown: Cologne, Germany

Family: Wife Hanan Ahmed and their three children, Marrah (23), Tibijan (19), Amon (13)

Favourite dessert: Umm Ali with dark camel milk chocolate flakes

Favourite hobby: Football

Breakfast routine: a tall glass of camel milk

Empty Words

By Mario Levrero  

(Coffee House Press)
 

W.
Wael Kfoury
(Rotana)

Ticket prices

General admission Dh295 (under-three free)

Buy a four-person Family & Friends ticket and pay for only three tickets, so the fourth family member is free

Buy tickets at: wbworldabudhabi.com/en/tickets

Company%20profile%20
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3EYodawy%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Egypt%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3EKarim%20Khashaba%2C%20Sherief%20El-Feky%20and%20Yasser%20AbdelGawad%3Cstrong%3E%3Cbr%3ESector%3A%20%3C%2Fstrong%3EHealthTech%3Cbr%3E%3Cstrong%3ETotal%20funding%3A%20%3C%2Fstrong%3E%2424.5%20million%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EAlgebra%20Ventures%2C%20Global%20Ventures%2C%20MEVP%20and%20Delivery%20Hero%20Ventures%2C%20among%20others%3Cstrong%3E%3Cbr%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%20500%3Cbr%3E%3C%2Fp%3E%0A
Apple%20Mac%20through%20the%20years
%3Cp%3E1984%20-%20Apple%20unveiled%20the%20Macintosh%20on%20January%2024%3Cbr%3E1985%20-%20Steve%20Jobs%20departed%20from%20Apple%20and%20established%20NeXT%3Cbr%3E1986%20-%20Apple%20introduced%20the%20Macintosh%20Plus%2C%20featuring%20enhanced%20memory%3Cbr%3E1987%20-%20Apple%20launched%20the%20Macintosh%20II%2C%20equipped%20with%20colour%20capabilities%3Cbr%3E1989%20-%20The%20widely%20acclaimed%20Macintosh%20SE%2F30%20made%20its%20debut%3Cbr%3E1994%20-%20Apple%20presented%20the%20Power%20Macintosh%3Cbr%3E1996%20-%20The%20Macintosh%20System%20Software%20OS%20underwent%20a%20rebranding%20as%20Mac%20OS%3Cbr%3E2001%20-%20Apple%20introduced%20Mac%20OS%20X%2C%20marrying%20Unix%20stability%20with%20a%20user-friendly%20interface%3Cbr%3E2006%20-%20Apple%20adopted%20Intel%20processors%20in%20MacBook%20Pro%20laptops%3Cbr%3E2008%20-%20Apple%20introduced%20the%20MacBook%20Air%2C%20a%20lightweight%20laptop%3Cbr%3E2012%20-%20Apple%20launched%20the%20MacBook%20Pro%20with%20a%20retina%20display%3Cbr%3E2016%20-%20The%20Mac%20operating%20system%20underwent%20rebranding%20as%20macOS%3Cbr%3E2020%20-%20Apple%20introduced%20the%20M1%20chip%20for%20Macs%2C%20combining%20high%20performance%20and%20energy%20efficiency%3Cbr%3E2022%20-%20The%20M2%20chip%20was%20announced%3Cbr%3E2023%20-The%20M3%20line-up%20of%20chip%20was%20announced%20to%20improve%20performance%20and%20add%20new%20capabilities%20for%20Mac.%3C%2Fp%3E%0A
The%20specs%20
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E2.0-litre%204cyl%20turbo%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E261hp%20at%205%2C500rpm%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E400Nm%20at%201%2C750-4%2C000rpm%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E7-speed%20dual-clutch%20auto%0D%3Cbr%3E%3Cstrong%3EFuel%20consumption%3A%20%3C%2Fstrong%3E10.5L%2F100km%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3ENow%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh129%2C999%20(VX%20Luxury)%3B%20from%20Dh149%2C999%20(VX%20Black%20Gold)%3C%2Fp%3E%0A
Groom and Two Brides

Director: Elie Semaan

Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla

Rating: 3/5

Mental%20health%20support%20in%20the%20UAE
%3Cp%3E%E2%97%8F%20Estijaba%20helpline%3A%208001717%3Cbr%3E%E2%97%8F%20UAE%20Ministry%20of%20Health%20and%20Prevention%20hotline%3A%20045192519%3Cbr%3E%E2%97%8F%20UAE%20Mental%20health%20support%20line%3A%20800%204673%20(Hope)%3Cbr%3EMore%20information%20at%20hope.hw.gov.ae%3C%2Fp%3E%0A
Company%20profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3EHakbah%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2018%0D%3Cbr%3E%3Cstrong%3EFounder%3A%20%3C%2Fstrong%3ENaif%20AbuSaida%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3ESaudi%20Arabia%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%20%3C%2Fstrong%3E22%20%0D%3Cbr%3E%3Cstrong%3EInitial%20investment%3A%20%3C%2Fstrong%3E%24200%2C000%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3Epre-Series%20A%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EGlobal%20Ventures%20and%20Aditum%20Investment%20Management%0D%3Cbr%3E%3Cbr%3E%3C%2Fp%3E%0A
How to apply for a drone permit
  • Individuals must register on UAE Drone app or website using their UAE Pass
  • Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
  • Upload the training certificate from a centre accredited by the GCAA
  • Submit their request
What are the regulations?
  • Fly it within visual line of sight
  • Never over populated areas
  • Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
  • Users must avoid flying over restricted areas listed on the UAE Drone app
  • Only fly the drone during the day, and never at night
  • Should have a live feed of the drone flight
  • Drones must weigh 5 kg or less
Mobile phone packages comparison
Five expert hiking tips
    Always check the weather forecast before setting off Make sure you have plenty of water Set off early to avoid sudden weather changes in the afternoon Wear appropriate clothing and footwear Take your litter home with you
RESULTS

Main card

Bantamweight 56.4kg: Mehdi Eljamari (MAR) beat Abrorbek Madiminbekov (UZB), Split points decision

Super heavyweight 94 kg: Adnan Mohammad (IRN) beat Mohammed Ajaraam (MAR), Split points decision

Lightweight 60kg:  Zakaria Eljamari (UAE) beat Faridoon Alik Zai (AFG), RSC round 3

Light heavyweight 81.4kg: Taha Marrouni (MAR) beat Mahmood Amin (EGY), Unanimous points decision

Light welterweight 64.5kg: Siyovush Gulmamadov (TJK) beat Nouredine Samir (UAE), Unanimous points decision

Light heavyweight 81.4kg:  Ilyass Habibali (UAE) beat Haroun Baka (ALG), KO second round

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

Company profile

Company name: Dharma

Date started: 2018

Founders: Charaf El Mansouri, Nisma Benani, Leah Howe

Based: Abu Dhabi

Sector: TravelTech

Funding stage: Pre-series A 

Investors: Convivialite Ventures, BY Partners, Shorooq Partners, L& Ventures, Flat6Labs

Quick pearls of wisdom

Focus on gratitude: And do so deeply, he says. “Think of one to three things a day that you’re grateful for. It needs to be specific, too, don’t just say ‘air.’ Really think about it. If you’re grateful for, say, what your parents have done for you, that will motivate you to do more for the world.”

Know how to fight: Shetty married his wife, Radhi, three years ago (he met her in a meditation class before he went off and became a monk). He says they’ve had to learn to respect each other’s “fighting styles” – he’s a talk it-out-immediately person, while she needs space to think. “When you’re having an argument, remember, it’s not you against each other. It’s both of you against the problem. When you win, they lose. If you’re on a team you have to win together.” 

DUBAI CARNIVAL RESULTS

6.30pm Handicap US$135,000 (Turf) 2,410m

Winner Dubai Future, Harry Bentley (jockey), Saeed bin Suroor (trainer).

7.05pm UAE 1000 Guineas Listed $250,000 (Dirt) 1,600m

Winner Dubai Love, Patrick Cosgrave, Saeed bin Suroor.

7.40pm Dubai Dash Listed $175,000 (T) 1,000m

Winner: Equilateral, James Doyle, Charles Hills.

8.15pm Al Bastakiya Trial Conditions $100,000 (D) 1.900m

Winner Laser Show, Kevin Stott, Saeed bin Suroor.

8.50pm Al Fahidi Fort Group Two $250,000 (T) 1,400m

Winner Glorious Journey, James Doyle, Charlie Appleby.

9.25pm Handicap $135,000 (D) 2,000m

Winner George Villiers, Tadhg O’Shea, Satish Seemar.

F1 The Movie

Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem

Director: Joseph Kosinski

Rating: 4/5

Updated: February 09, 2022, 3:45 AM