Gareth Bale of Real Madrid celebrates scoring against Cruz Azul on Tuesday night in his side's 4-0 Club World Cup victory in Marrakech, Morocco. Youssef Boudlal / Reuters / December 16, 2014
Gareth Bale of Real Madrid celebrates scoring against Cruz Azul on Tuesday night in his side's 4-0 Club World Cup victory in Marrakech, Morocco. Youssef Boudlal / Reuters / December 16, 2014
Gareth Bale of Real Madrid celebrates scoring against Cruz Azul on Tuesday night in his side's 4-0 Club World Cup victory in Marrakech, Morocco. Youssef Boudlal / Reuters / December 16, 2014
Gareth Bale of Real Madrid celebrates scoring against Cruz Azul on Tuesday night in his side's 4-0 Club World Cup victory in Marrakech, Morocco. Youssef Boudlal / Reuters / December 16, 2014

Cruz Azul no match for Real Madrid as Benzema, Bale and Isco on target at Club World Cup


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European champions Real Madrid crushed Cruz Azul 4-0 to cruise into the Club World Cup final on Tuesday, totally outclassing their Mexican rivals.

Goals from Sergio Ramos, Karim Benzema, Garreth Bale and Isco saw Madrid record a 21st consecutive win in this semi-final at a packed and noisy Grand Stade de Marrakech, scene of last year’s final where Bayern Munich beat Raja Casablanca 2-0.

“This team deserves to win the world title,” said Real Madrid’s Italian coach Carlo Ancelotti after the easy and impressive win.

Iker Casillas did have to face a penalty in the 40th minute after Ramos was harshly judged to have pushed Cruz’s Argentine striker Mariano Pavone, but the veteran Spain stopper was equal to Gerardo Torrado’s weak spot-kick.

With Fifa and Uefa chiefs Sepp Blatter and Michel Platini in the crowd, Ramos proved in the 15th minute what a lethal header of the ball he is, taking advantage of a mistimed run by goalkeeper Jose Corona to open Madrid’s account from a trademark Toni Kroos cross.

French centre-forward Benzema showed his astonishing speed in the 36th minute to pounce on Dani Carvajal’s cross before the defence had even flinched to make it 2-0 after 36 minutes.

Cristiano Ronaldo provided the ammunition for the next two. Weaving unchallenged down the left-wing Ronaldo provided an inch perfect delivery that Bale nodded home totally unmarked in the 50th minute.

The Portuguese icon who was cheered every time he got the ball, then teed up the impressive Isco, who weaved past two defenders before unleashing a precise shot into the bottom corner in the 72nd.

The World Player of the Year Ronaldo had come close to opening the scores in the second minute, and also sent a couple of free-kicks fizzing narrowly wide, but the man who has scored 25 league goals in 15 games this season was unable to score here.

Luis Fernando Tena’s North American champions had struggled to beat Western Sydney Wanderers to make the semis and rarely troubled Ancelotti’s almost full strength side.

“We knew it was going to be hard and my players gave everything. But they were so much better than we were and the result reflects that fairly,” said Tena.

New Zealanders Aukland City take on South American champions San Lorenzo of Argentina on Wednesday to see who will meet Madrid in the final on December 20th, when Real should also welcome back Colombia’s World Cup star James Rodriguez, who missed Tuesday’s game with a calf strain.

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How to get there

Emirates (www.emirates.com) flies directly to Hanoi, Vietnam, with fares starting from around Dh2,725 return, while Etihad (www.etihad.com) fares cost about Dh2,213 return with a stop. Chuong is 25 kilometres south of Hanoi.
 

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%20profile
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The biog

Year of birth: 1988

Place of birth: Baghdad

Education: PhD student and co-researcher at Greifswald University, Germany

Hobbies: Ping Pong, swimming, reading

 

 

The Penguin

Starring: Colin Farrell, Cristin Milioti, Rhenzy Feliz

Creator: Lauren LeFranc

Rating: 4/5

Company Fact Box

Company name/date started: Abwaab Technologies / September 2019

Founders: Hamdi Tabbaa, co-founder and CEO. Hussein Alsarabi, co-founder and CTO

Based: Amman, Jordan

Sector: Education Technology

Size (employees/revenue): Total team size: 65. Full-time employees: 25. Revenue undisclosed

Stage: early-stage startup 

Investors: Adam Tech Ventures, Endure Capital, Equitrust, the World Bank-backed Innovative Startups SMEs Fund, a London investment fund, a number of former and current executives from Uber and Netflix, among others.

The Sky Is Pink

Director: Shonali Bose

Cast: Priyanka Chopra Jonas, Farhan Akhtar, Zaira Wasim, Rohit Saraf

Three stars

At a glance

Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.

 

Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year

 

Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month

 

Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30 

 

Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse

 

Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth

 

Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances

NATIONAL%20SELECTIONS
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Who has been sanctioned?

Daniella Weiss and Nachala
Described as 'the grandmother of the settler movement', she has encouraged the expansion of settlements for decades. The 79 year old leads radical settler movement Nachala, whose aim is for Israel to annex Gaza and the occupied West Bank, where it helps settlers built outposts.

Harel Libi & Libi Construction and Infrastructure
Libi has been involved in threatening and perpetuating acts of aggression and violence against Palestinians. His firm has provided logistical and financial support for the establishment of illegal outposts.

Zohar Sabah
Runs a settler outpost named Zohar’s Farm and has previously faced charges of violence against Palestinians. He was indicted by Israel’s State Attorney’s Office in September for allegedly participating in a violent attack against Palestinians and activists in the West Bank village of Muarrajat.

Coco’s Farm and Neria’s Farm
These are illegal outposts in the West Bank, which are at the vanguard of the settler movement. According to the UK, they are associated with people who have been involved in enabling, inciting, promoting or providing support for activities that amount to “serious abuse”.

The specs

Engine: 1.5-litre, 4-cylinder turbo

Transmission: CVT

Power: 170bhp

Torque: 220Nm

Price: Dh98,900