The connections of Dream Ahead feel there is not much left for the colt to achieve.
The connections of Dream Ahead feel there is not much left for the colt to achieve.
The connections of Dream Ahead feel there is not much left for the colt to achieve.
The connections of Dream Ahead feel there is not much left for the colt to achieve.

Dream Ahead to retire after 'a very high pinnacle'


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Dream Ahead is unlikely to run again after the colt broke a 16-year track record in the Prix de La Foret at Longchamp on Sunday.

The three year old accounted for Goldikova, the 14-time Group 1 winner, in a thrilling end to the seven-furlong contest.

It was Dream Ahead's third Group 1 victory this season, after his two wins at the highest level as a juvenile when he was rated joint-champion alongside Frankel.

After the race, Khalifa bin Dasmal, the owner, revealed he had sold over half of his interest in the son of Diktat to Ballylinch Stud, based in Ireland.

"I believe the plan is to retire him," the Emirati businessman said. "What is he going to do next year? He is going to win the same races that he has already won."

John O'Connor, the stud manager, was also leaning towards retiring the colt, although he did leave the door open for a final run at the Breeders' Cup or in Hong Kong this autumn. "It is likely to be his final race," he said.

"He has reached a very high pinnacle by beating a filly like Goldikova and maybe it is harder to get any higher than that. There is no hurry to make a decision."

It was Dream Ahead's first victory beyond six furlongs and was at a distance at which his sire excelled. It tees up the possibility that O'Connor and bin Dasmal may wish to allow the horse to prove his worth over a mile in the United States, especially as it emerged yesterday that an interest was reportedly also sold to SF bloodstock, a US investment group.

"He proved the doubters wrong," bin Dasmal said. "Anyone who thought he was all speed and power and who thought he would not last home seven furlongs must remember that run. He has proved himself a true champion."

As for Goldikova, defeat in the Foret in 2009 did not prevent her second victory in the Breeders' Cup Mile at Santa Anita that year and Freddy Head, the trainer, was optimistic of challenging at Churchill Downs next month.

'It's always disappointing to be beaten, especially with Goldikova," Head said.

"We may not have been fresh enough. She still has the Breeders' Cup to look forward to."

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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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Maradona Award for Best Goal Scorer of the Year: Robert Lewandowski (Bayern Munich)

TikTok Fans’ Player of the Year: Robert Lewandowski

Top Goal Scorer of All Time: Cristiano Ronaldo (Manchester United)

Best Women's Player of the Year: Alexia Putellas (Barcelona)

Best Men's Club of the Year: Chelsea

Best Women's Club of the Year: Barcelona

Best Defender of the Year: Leonardo Bonucci (Juventus/Italy)

Best Goalkeeper of the Year: Gianluigi Donnarumma (PSG/Italy)

Best Coach of the Year: Roberto Mancini (Italy)

Best National Team of the Year: Italy 

Best Agent of the Year: Federico Pastorello

Best Sporting Director of the Year: Txiki Begiristain (Manchester City)

Player Career Award: Ronaldinho

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Date Started: September 2018

Founders: Walid and Karim Dib

Based: Abu Dhabi

Employees: Nine

Amount raised: $1.2 million

Funders: Oman Technology Fund, AB Accelerator, 500 Startups, private backers

 

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On Your Wedding Day, June 27 at 7pm

The Great Battle, June 27 at 9pm

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Mal Mo E: The Secret Mission, June 28 at 8pm

Underdog, June 29 at 2pm

Nearby Sky, June 29 at 4pm

A Resistance, June 29 at 6pm 

 

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Male 54kg Round 1

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Men 86kg Round 1

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​​​​​​​Men 63.5kg Round 1

Noureddin Samir (UAE) beat Polash Chakma (BAN) RSC Round 1.

Female 45kg quarter finals

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Female 48kg quarter finals

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Female 57kg quarter finals

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The specs: 2018 Maserati Ghibli

Price, base / as tested: Dh269,000 / Dh369,000

Engine: 3.0-litre twin-turbocharged V6

Transmission: Eight-speed automatic

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Fuel economy, combined: 8.9L / 100km

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