Belated happy 37th birthday, Derek Jeter. As my boss would tell you, I miss deadline on occasions, so please accept my regards three days late.
You are the coolest baseball player of your generation, so there is so much to say. Being on the disabled list, with little to do except rehabilitate your injured calf, you should have time to read it all.
For starters, heartfelt high-fives as you approach your 3,000th hit. Six more to go. No accomplishment in baseball better measures sustained excellence. Only 27 others have reached the milestone.
The distinction is a product of longevity and commitment, which means you come to play everyday.
In your 15 previous seasons, all while wearing the New York Yankees pinstripes, you have played in at least 148 games (out of 162) in all but one season.
The marker that separates good batters from mediocre is a .300 average, and you exceeded the target in 12 of those years.
As reliable as you have been at the plate, what truly dazzles is your grace in the field. Your personal trophy case is the Fort Knox of Gold Gloves, with five.
Above all, you have been a team guy, holding your composure whenever the inevitable brush fires in Yankeeville flare up.
Surely the statistic that most makes you flash the smile that causes swooning in half of the population is five championships.
With all of those World Series rings, you barely have an available finger for a wedding band. (No doubt you have used that as an excuse for not getting hitched.) The 3,000 club is impressive, but not nearly as much as Derek's Ex-Girlfriends Sorority.
If the tabloids can be trusted, you have dated Mariah Carey, Tyra Banks, Jordana Brewster, a former Miss Universe, a Victoria's Secret model and both starlet Jessicas, Biel and Alba.
With that line-up of ladies, how do you arrive at the ballpark always ready to play? Let's move on, since you hate it when your love life is brought up.
Not to go too deep on you with this thought, but bear with me for another paragraph. Your multi-ethnic background (white mother, black father) is increasingly a reflection of the United States.
Every demographic needs a role model, and the 2.5 per cent of Americans who identify themselves as biracial certainly have one. Your appeal crosses all borders, but this subset feels a special attachment.
Now that you are sufficiently buttered up, I cannot resist getting on your case about last off-season. The Yankees could have handled your contract negotiations better. The Yankees executive Hank (son of George) Steinbrenner is the apple that did not fall far from a tree that sometimes bears rotten fruit.
Still, you could not have been serious in seeking six years and US$150 million (Dh550m), right? What is it about you Hall of Famers-in-waiting who believe you can maintain productivity while pushing 40? Or think you deserve a lifetime achievement bonus?
It is not just you, Derek. Albert Pujols, 31, expects eight more years from the Cardinals for way north of $200m.
That he has joined you on the disabled list is no sign of physical decay, but he was not exactly tearing it up before the broken forearm.
Likewise, you are hitting .260, lower than most shortstops. Your range afield has contracted. It happens. Accept it.
Keep in mind that your marriage - oops, sorry to mention that word - with the Yankees has been mutually beneficial. The Steinbrenners have paid you a quarter of a billion bucks.
Baseball increasingly is a young man's game, and their offer of $51m for three seasons that you grudgingly accepted was appropriate.
I know the media, with whom you generally are cordial if not terribly revealing, has poked fun at your $7.7m mansion taking shape in the Tampa-St Petersburg area in Florida, calling it "The House That Jeter Built" and "St Jetersburg". Hey, it is your money, even though more bathrooms (nine) than bedrooms (seven) seems disproportional.
Maybe you are planning for the possibility of quadruplets, assuming reports of your engagement to the actress Minka Kelly - dubbed by Esquire magazine as "Sexiest Woman Alive" - are accurate.
OK, time to wrap this up - my best wishes, not a gift. If you were expecting a birthday present, how can anyone pick out something for the guy who seemingly has everything?
Well, that is my excuse. Same as yours, maintaining your bachelorhood because there is no room for a wedding ring.
So, happy 37th birthday. And happy 3,000th.
sports@thenational.ae
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Islamophobia definition
A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.
Brief scoreline:
Manchester United 2
Rashford 28', Martial 72'
Watford 1
Doucoure 90'
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
Schedule for Asia Cup
Sept 15: Bangladesh v Sri Lanka (Dubai)
Sept 16: Pakistan v Qualifier (Dubai)
Sept 17: Sri Lanka v Afghanistan (Abu Dhabi)
Sept 18: India v Qualifier (Dubai)
Sept 19: India v Pakistan (Dubai)
Sept 20: Bangladesh v Afghanistan (Abu Dhabi) Super Four
Sept 21: Group A Winner v Group B Runner-up (Dubai)
Sept 21: Group B Winner v Group A Runner-up (Abu Dhabi)
Sept 23: Group A Winner v Group A Runner-up (Dubai)
Sept 23: Group B Winner v Group B Runner-up (Abu Dhabi)
Sept 25: Group A Winner v Group B Winner (Dubai)
Sept 26: Group A Runner-up v Group B Runner-up (Abu Dhabi)
Sept 28: Final (Dubai)
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If you go
The flights
There are direct flights from Dubai to Sofia with FlyDubai (www.flydubai.com) and Wizz Air (www.wizzair.com), from Dh1,164 and Dh822 return including taxes, respectively.
The trip
Plovdiv is 150km from Sofia, with an hourly bus service taking around 2 hours and costing $16 (Dh58). The Rhodopes can be reached from Sofia in between 2-4hours.
The trip was organised by Bulguides (www.bulguides.com), which organises guided trips throughout Bulgaria. Guiding, accommodation, food and transfers from Plovdiv to the mountains and back costs around 170 USD for a four-day, three-night trip.
Conservative MPs who have publicly revealed sending letters of no confidence
- Steve Baker
- Peter Bone
- Ben Bradley
- Andrew Bridgen
- Maria Caulfield
- Simon Clarke
- Philip Davies
- Nadine Dorries
- James Duddridge
- Mark Francois
- Chris Green
- Adam Holloway
- Andrea Jenkyns
- Anne-Marie Morris
- Sheryll Murray
- Jacob Rees-Mogg
- Laurence Robertson
- Lee Rowley
- Henry Smith
- Martin Vickers
- John Whittingdale
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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
How does ToTok work?
The calling app is available to download on Google Play and Apple App Store
To successfully install ToTok, users are asked to enter their phone number and then create a nickname.
The app then gives users the option add their existing phone contacts, allowing them to immediately contact people also using the application by video or voice call or via message.
Users can also invite other contacts to download ToTok to allow them to make contact through the app.
Sarfira
Director: Sudha Kongara Prasad
Starring: Akshay Kumar, Radhika Madan, Paresh Rawal
Rating: 2/5
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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.