UAE Team Emirates rider Joao Almeida says his main focus is the Tour de France but the World Championships and Olympics are also big goals this year. SprintCyclingAgency
UAE Team Emirates rider Joao Almeida says his main focus is the Tour de France but the World Championships and Olympics are also big goals this year. SprintCyclingAgency
UAE Team Emirates rider Joao Almeida says his main focus is the Tour de France but the World Championships and Olympics are also big goals this year. SprintCyclingAgency
UAE Team Emirates rider Joao Almeida says his main focus is the Tour de France but the World Championships and Olympics are also big goals this year. SprintCyclingAgency

Joao Almeida: I can't wait for my first Tour de France - it's the pinnacle of cycling


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Looking back at last season, I think I got off to a great start. Competing with the world’s best at Grand Tour level is what we train so intensely for and seeing that hard work pay off with a second-place finish at Tirreno-Adriatico was extremely satisfying. Moments like that fuel my passion and drive. The result filled me with determination and a real hunger to keep pushing harder.

Tirreno-Adriatico set me up really well for the Giro d’Italia where I felt incredible, especially on Stage 16. I had great sensations and knew I had to give it everything. When I attacked, I decided to push hard and went full gas to the line. It was pure adrenalin.

Crossing the line and beating a legend like Geraint Thomas to take my first Grand Tour stage win was one of the sweetest moments of my career so far. A Grand Tour stage win is a big deal in cycling, and to get that first one under my belt felt absolutely amazing.

Finishing on the podium, as well as winning the Youth Classification was further confirmation of all the hard work put in by myself and the team over those three weeks.

The feeling crossing the finish line – given the high level of competition we went up against – was amazing. The Giro is, and always will be, a special race for me. Although I missed it this year, I’m more excited than ever to be working towards the Tour de France.

To make my debut in the biggest race in the world is massive. We’re currently preparing at altitude, then I’ll race in the Tour de Suisse which will be my main preparation. The team is super strong, and of course we are confident. Tadej [Pogacar] is in great form, and the team is coming off a great Giro d’Italia performance.

We know the Giro-Tour double is a huge challenge, and there will be big rivals at the Tour, but we are ready for it.

We understand that anything can happen over twenty-one stages, so we need to stay fully focused and give our best every single day. The belief in Tadej and the strength of our team gives us the drive to aim high and push for this monumental achievement.

As a kid growing up watching cycling, the Tour de France is the pinnacle – it’s the biggest race and it rightly gets the most attention. To say I’m excited is an understatement. This will be my first Tour and I can’t wait to experience it first-hand.

We’ve done reckons of some of the mountain stages and there are definitely some challenging days ahead. Right from the start in Italy, on Stage 1, we’ll be right into the General Classification battle. Teamwork will be absolutely crucial, especially with the level of competition expected this year.

From a personal standpoint, I see my role being one of the last guys in the mountains, when it’s really hard, supporting Tadej and ensuring we stay in contention.

  • UAE Team Emirates rider Tadej Pogacar, centre, celebrates his overall victory in the Giro d'Italia with second-placed Daniel Martinez, left, and third-placed Geraint Thomas on the podium after the final stage in Rome on Sunday, May 26, 2024. AP
    UAE Team Emirates rider Tadej Pogacar, centre, celebrates his overall victory in the Giro d'Italia with second-placed Daniel Martinez, left, and third-placed Geraint Thomas on the podium after the final stage in Rome on Sunday, May 26, 2024. AP
  • Giro d'Italia winner Tadej Pogacar of UAE Team Emirates lifts the trophy. AP
    Giro d'Italia winner Tadej Pogacar of UAE Team Emirates lifts the trophy. AP
  • UAE Team Emirates' Tadej Pogacar flashes the victory sign after crossing the finish line. AP
    UAE Team Emirates' Tadej Pogacar flashes the victory sign after crossing the finish line. AP
  • UAE Team Emirates' Tadej Pogacar celebrates his Giro d'Italia victory, AP
    UAE Team Emirates' Tadej Pogacar celebrates his Giro d'Italia victory, AP
  • Belgium's Tim Merlier after his victory in Stage 21. AP
    Belgium's Tim Merlier after his victory in Stage 21. AP
  • Belgium's Tim Merlier of Soudal-QuickStep crosses the finish line to win Stage 21 of the Giro D'Italia. AP
    Belgium's Tim Merlier of Soudal-QuickStep crosses the finish line to win Stage 21 of the Giro D'Italia. AP
  • Soudal Quick-Step's Tim Merlier beats Lidl-Trek's Jonathan Milan to win Stage 21. Reuters
    Soudal Quick-Step's Tim Merlier beats Lidl-Trek's Jonathan Milan to win Stage 21. Reuters
  • Slovenian rider Tadej Pogacar of UAE Team Emirates, centre, and the peloton pass the Colosseum in Rome. EPA
    Slovenian rider Tadej Pogacar of UAE Team Emirates, centre, and the peloton pass the Colosseum in Rome. EPA
  • Cyclists ride through Rome. AP
    Cyclists ride through Rome. AP
  • Team UAE's Slovenian rider Tadej Pogacar wearing the overall leader's pink jersey gives a victory sign as he rides alongside teammate Vegard Laengen. AFP
    Team UAE's Slovenian rider Tadej Pogacar wearing the overall leader's pink jersey gives a victory sign as he rides alongside teammate Vegard Laengen. AFP
  • Team Bardiani's Giulio Pellizzari, wearing the best climber's blue jersey, Team Lidl-Trek's Jonathan Milan, wearing the best sprinter's purple jersey, Team UAE's Tadej Pogacar, wearing the overall leader's pink jersey, and Team Bahrain's Antonio Tiberi, wearing the best young rider's white jersey, during Stage 21. AFP
    Team Bardiani's Giulio Pellizzari, wearing the best climber's blue jersey, Team Lidl-Trek's Jonathan Milan, wearing the best sprinter's purple jersey, Team UAE's Tadej Pogacar, wearing the overall leader's pink jersey, and Team Bahrain's Antonio Tiberi, wearing the best young rider's white jersey, during Stage 21. AFP

It’s about working together, staying focused, and executing our strategy perfectly. I’m ready to give my all for the team.

Of course, the Tour is my main focus for now, but the World Championships and Olympics are on the horizon and are both big goals for me.

They’re major events that every cyclist loves to compete in. The chance to represent my country at the Olympics is a huge honour. Each race presents its own challenges and opportunities, so I’m eager to continue to compete at the highest level all season long.

The support of our fans all around the world means everything to us. We are immensely proud to represent the UAE on the world stage. The success of our team is largely down to the amazing support we receive from our fans and sponsors back in the UAE. We can’t wait to see you all very soon and will keep pushing to make you proud!

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

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UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

 

 

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

Friday's schedule in Madrid

Men's quarter-finals

Novak Djokivic (1) v Marin Cilic (9) from 2pm UAE time

Roger Federer (4) v Dominic Thiem (5) from 7pm

Stefanos Tsitsipas (8) v Alexander Zverev (3) from 9.30pm

Stan Wawrinka v Rafael Nadal (2) from 11.30pm

Women's semi-finals

Belinda Bencic v Simona Halep (3) from 4.30pm

Sloane Stephens (8) v Kiki Bertens (7) from 10pm

Types of fraud

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.

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.

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.

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

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.

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.

* Nada El Sawy

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BRIEF SCORES

England 353 and 313-8 dec
(B Stokes 112, A Cook 88; M Morkel 3-70, K Rabada 3-85)  
(J Bairstow 63, T Westley 59, J Root 50; K Maharaj 3-50)
South Africa 175 and 252
(T Bavuma 52; T Roland-Jones 5-57, J Anderson 3-25)
(D Elgar 136; M Ali 4-45, T Roland-Jones 3-72)

Result: England won by 239 runs
England lead four-match series 2-1

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'THE WORST THING YOU CAN EAT'

Trans fat is typically found in fried and baked goods, but you may be consuming more than you think.

Powdered coffee creamer, microwave popcorn and virtually anything processed with a crust is likely to contain it, as this guide from Mayo Clinic outlines: 

Baked goods - Most cakes, cookies, pie crusts and crackers contain shortening, which is usually made from partially hydrogenated vegetable oil. Ready-made frosting is another source of trans fat.

Snacks - Potato, corn and tortilla chips often contain trans fat. And while popcorn can be a healthy snack, many types of packaged or microwave popcorn use trans fat to help cook or flavour the popcorn.

Fried food - Foods that require deep frying — french fries, doughnuts and fried chicken — can contain trans fat from the oil used in the cooking process.

Refrigerator dough - Products such as canned biscuits and cinnamon rolls often contain trans fat, as do frozen pizza crusts.

Creamer and margarine - Nondairy coffee creamer and stick margarines also may contain partially hydrogenated vegetable oils.

Updated: June 08, 2024, 10:17 AM