Muhammad Waseem plays a shot during match 2 of the DP World International League T20 between the Dubai Capitals and MI Emirates. ILT20
Muhammad Waseem plays a shot during match 2 of the DP World International League T20 between the Dubai Capitals and MI Emirates. ILT20
Muhammad Waseem plays a shot during match 2 of the DP World International League T20 between the Dubai Capitals and MI Emirates. ILT20
Muhammad Waseem plays a shot during match 2 of the DP World International League T20 between the Dubai Capitals and MI Emirates. ILT20

ILT20 final 2024: A clash between 'epic rivals' Dubai Capitals and MI Emirates


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Dubai Capitals’ captain Sam Billings has spoken of the “epic rivalry” between his team and MI Emirates ahead of their clash in the DP World ILT20 final.

The first-time finalists will battle it out in the showpiece of the T20 competition's second season at Dubai International Stadium on Saturday.

While MI Emirates were the first team to book their place in the play-offs, Dubai Capitals had to fight their way up the points table in the league stage.

In the eliminator, Capitals beat Abu Dhabi Knight Riders and followed it up with a sensational win against the defending champions Gulf Giants in Qualifier 2.

MI Emirates, on the other hand, sailed through after a smooth victory against the Giants in Qualifier 1.

But the Capitals twice got the better of MI Emirates in the league stage – winning by seven wickets in the first encounter and by 19 runs in the second.

Their skipper Billings, who took over the captaincy from David Warner, said on the eve of the final, which starts at 6.30pm: “This group has it all, and it has been a great group effort. We have been playing some good cricket and we want to keep doing it to win this trophy.

“I could not have done anything with a group of players who have no drive and energy. No doubt there is epic rivalry between Dubai Capitals and MI Emirates. I was part of the final in the previous season, playing for Desert Vipers and the atmosphere was absolutely fantastic with a packed stadium. I am really looking forward to a similar atmosphere here.”

MI Emirates skipper Nicholas Pooran said: “The team is excited and ready for a tough challenge. I am proud of each and every one of our players. The way we have played in this tournament has been brilliant.

“This year we played well in the group stage. What we need to do is control what we can and keep the momentum.”

The winners of the final receive $700,000 while the runners-up get $300,000.

The DP World ILT20 will reward the highest run-getter with a Green Belt and the highest wicket-taker with the White Belt, while the most valuable player will receive the Red Belt. There have been some outstanding performances from the UAE players this season, and to recognise their performance, the best UAE player will receive the Blue Belt. They will also pocket $15,000 each.

Tickets for the final are available online at tickets.ilt20.ae or at all 14 Virgin Megastore outlets across the UAE.

ILT20 final 2023: Gulf Giants v Desert Vipers

  • Giants celebrate the win against the Desert Vipers in the final of the International League T20 at the Dubai International Stadium. All pictures Chris Whiteoak / The National
    Giants celebrate the win against the Desert Vipers in the final of the International League T20 at the Dubai International Stadium. All pictures Chris Whiteoak / The National
  • Giants' Chris Lynn and Shimron Hetmyer (R) celebrate the win.
    Giants' Chris Lynn and Shimron Hetmyer (R) celebrate the win.
  • Gulf Giants' Carlos Brathwaite and Shimron Hetmyer (L) celebrate victory against the Desert Vipers in the final of the International League T20 at the Dubai International Stadium on February 12, 2023.
    Gulf Giants' Carlos Brathwaite and Shimron Hetmyer (L) celebrate victory against the Desert Vipers in the final of the International League T20 at the Dubai International Stadium on February 12, 2023.
  • Giants' Carlos Brathwaite celebrates the wicket of Vipers' Tom Curran.
    Giants' Carlos Brathwaite celebrates the wicket of Vipers' Tom Curran.
  • Giants' Carlos Brathwaite celebrates the wicket of Vipers' Rohan Mustafa.
    Giants' Carlos Brathwaite celebrates the wicket of Vipers' Rohan Mustafa.
  • Giants' Carlos Brathwaite breaks the stumps to dismiss Vipers' Rohan Mustafa.
    Giants' Carlos Brathwaite breaks the stumps to dismiss Vipers' Rohan Mustafa.
  • Giants' Gerhard Erasmus plays a pull shot.
    Giants' Gerhard Erasmus plays a pull shot.
  • Vipers' Luke Wood takes the wicket of Giants' James Vince.
    Vipers' Luke Wood takes the wicket of Giants' James Vince.
  • Vipers captain Colin Munro.
    Vipers captain Colin Munro.
  • Giants' Chris Lynn bats.
    Giants' Chris Lynn bats.
  • Giants' Gerhard Erasmus plays a shot.
    Giants' Gerhard Erasmus plays a shot.
  • Giants' Qais Ahmad celebrates the wicket of Vipers' Luke Wood.
    Giants' Qais Ahmad celebrates the wicket of Vipers' Luke Wood.
  • Vipers captain Colin Munro watches from the dugout.
    Vipers captain Colin Munro watches from the dugout.
  • Vipers' Ali Naseer bats.
    Vipers' Ali Naseer bats.
  • Giants' David Wiese takes a stunning catch to dismiss Vipers' Sam Billings.
    Giants' David Wiese takes a stunning catch to dismiss Vipers' Sam Billings.
  • Vipers' Wanindu Hasaranga de Silva hits a four.
    Vipers' Wanindu Hasaranga de Silva hits a four.
  • Giants' Chris Jordan celebrates the wicket of Vipers' captain Colin Munro.
    Giants' Chris Jordan celebrates the wicket of Vipers' captain Colin Munro.
  • Vipers' Sam Billings bats with Wanindu Hasaranga de Silva.
    Vipers' Sam Billings bats with Wanindu Hasaranga de Silva.
  • Giants' Carlos Brathwaite (M) celebrates with Shimron Hetmyer (R) after taking the wicket of Vipers' Alex Hales.
    Giants' Carlos Brathwaite (M) celebrates with Shimron Hetmyer (R) after taking the wicket of Vipers' Alex Hales.
  • Vipers' Sam Billings bats. The Desert Vipers take on the Gulf Giants in the final of the International League T20 at the Dubai International Stadium.
    Vipers' Sam Billings bats. The Desert Vipers take on the Gulf Giants in the final of the International League T20 at the Dubai International Stadium.
  • Desert Vipers owner Avram Glazer.
    Desert Vipers owner Avram Glazer.
  • Vipers' Rohan Mustafa walks off after being run out.
    Vipers' Rohan Mustafa walks off after being run out.
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KINGDOM%20OF%20THE%20PLANET%20OF%20THE%20APES
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BMW M5 specs

Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor

Power: 727hp

Torque: 1,000Nm

Transmission: 8-speed auto

Fuel consumption: 10.6L/100km

On sale: Now

Price: From Dh650,000

CHATGPT%20ENTERPRISE%20FEATURES
%3Cp%3E%E2%80%A2%20Enterprise-grade%20security%20and%20privacy%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Unlimited%20higher-speed%20GPT-4%20access%20with%20no%20caps%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Longer%20context%20windows%20for%20processing%20longer%20inputs%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Advanced%20data%20analysis%20capabilities%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Customisation%20options%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Shareable%20chat%20templates%20that%20companies%20can%20use%20to%20collaborate%20and%20build%20common%20workflows%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Analytics%20dashboard%20for%20usage%20insights%3C%2Fp%3E%0A%3Cp%3E%E2%80%A2%20Free%20credits%20to%20use%20OpenAI%20APIs%20to%20extend%20OpenAI%20into%20a%20fully-custom%20solution%20for%20enterprises%3C%2Fp%3E%0A
Match info

Costa Rica 0

Serbia 1
Kolarov (56')

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

Cricket World Cup League 2

UAE results
Lost to Oman by eight runs
Beat Namibia by three wickets
Lost to Oman by 12 runs
Beat Namibia by 43 runs

UAE fixtures
Free admission. All fixtures broadcast live on icc.tv

Tuesday March 15, v PNG at Sharjah Cricket Stadium
Friday March 18, v Nepal at Dubai International Stadium
Saturday March 19, v PNG at Dubai International Stadium
Monday March 21, v Nepal at Dubai International Stadium

Marathon results

Men:

 1. Titus Ekiru(KEN) 2:06:13 

2. Alphonce Simbu(TAN) 2:07:50 

3. Reuben Kipyego(KEN) 2:08:25 

4. Abel Kirui(KEN) 2:08:46 

5. Felix Kemutai(KEN) 2:10:48  

Women:

1. Judith Korir(KEN) 2:22:30 

2. Eunice Chumba(BHR) 2:26:01 

3. Immaculate Chemutai(UGA) 2:28:30 

4. Abebech Bekele(ETH) 2:29:43 

5. Aleksandra Morozova(RUS) 2:33:01  

Indoor cricket in a nutshell

Indoor Cricket World Cup - Sep 16-20, Insportz, Dubai

16 Indoor cricket matches are 16 overs per side

8 There are eight players per team

There have been nine Indoor Cricket World Cups for men. Australia have won every one.

5 Five runs are deducted from the score when a wickets falls

Batsmen bat in pairs, facing four overs per partnership

Scoring In indoor cricket, runs are scored by way of both physical and bonus runs. Physical runs are scored by both batsmen completing a run from one crease to the other. Bonus runs are scored when the ball hits a net in different zones, but only when at least one physical run is score.

Zones

A Front net, behind the striker and wicketkeeper: 0 runs

B Side nets, between the striker and halfway down the pitch: 1 run

Side nets between halfway and the bowlers end: 2 runs

Back net: 4 runs on the bounce, 6 runs on the full

The Bloomberg Billionaire Index in full

1 Jeff Bezos $140 billion
2 Bill Gates $98.3 billion
3 Bernard Arnault $83.1 billion
4 Warren Buffett $83 billion
5 Amancio Ortega $67.9 billion
6 Mark Zuckerberg $67.3 billion
7 Larry Page $56.8 billion
8 Larry Ellison $56.1 billion
9 Sergey Brin $55.2 billion
10 Carlos Slim $55.2 billion

The specs: 2017 Porsche 718 Cayman

Price, base / as tested Dh222,500 / Dh296,870

Engine 2.0L, flat four-cylinder

Transmission Seven-speed PDK

Power 300hp @ 6,500rpm

Torque 380hp @ 1,950rpm

Fuel economy, combined 6.9L / 100km

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Building boom turning to bust as Turkey's economy slows

Deep in a provincial region of northwestern Turkey, it looks like a mirage - hundreds of luxury houses built in neat rows, their pointed towers somewhere between French chateau and Disney castle.

Meant to provide luxurious accommodations for foreign buyers, the houses are however standing empty in what is anything but a fairytale for their investors.

The ambitious development has been hit by regional turmoil as well as the slump in the Turkish construction industry - a key sector - as the country's economy heads towards what could be a hard landing in an intensifying downturn.

After a long period of solid growth, Turkey's economy contracted 1.1 per cent in the third quarter, and many economists expect it will enter into recession this year.

The country has been hit by high inflation and a currency crisis in August. The lira lost 28 per cent of its value against the dollar in 2018 and markets are still unconvinced by the readiness of the government under President Recep Tayyip Erdogan to tackle underlying economic issues.

The villas close to the town centre of Mudurnu in the Bolu region are intended to resemble European architecture and are part of the Sarot Group's Burj Al Babas project.

But the development of 732 villas and a shopping centre - which began in 2014 - is now in limbo as Sarot Group has sought bankruptcy protection.

It is one of hundreds of Turkish companies that have done so as they seek cover from creditors and to restructure their debts.

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
Updated: February 17, 2024, 7:33 AM