Zlatko Dalic led his team to the 2014/15 Arabian Gulf League title. Ravindranath K / The National
Zlatko Dalic led his team to the 2014/15 Arabian Gulf League title. Ravindranath K / The National
Zlatko Dalic led his team to the 2014/15 Arabian Gulf League title. Ravindranath K / The National
Zlatko Dalic led his team to the 2014/15 Arabian Gulf League title. Ravindranath K / The National

‘Everybody now expects a big result from us’: Zlatko Dalic on Al Ain’s President’s Cup expectations


John McAuley
  • English
  • Arabic

Al Ain travel to Al Nasr on Saturday night for the President's Cup quarter-final at Al Maktoum Stadium. The cup holders, recently crowned league champions, are in the middle of a busy period, with the match sandwiched between their Asian Champions League double-header against Al Ahli. Here's coach Zlatko Dalic's take.

ON FRESHENING UP HIS SIDE:

“Two days ago we played a tough game, spent too much energy. But tomorrow is a new competition, a new challenge for us. I hope my players are not tired. We’ll make some changes in the team – I’ll put in some fresh, rested players. I hope Miroslav [Stoch], [Hilal] Saeed and Mohammed Abdulrahman will be ok for the game and give benefit for us because they are fresh. But, of course, our target is to win.”

ON MANAGING THIS VITAL SPELL:

“Only rest, rest, rest; only recovery. We’ve been doing this for the last month – we don’t have time for training, don’t have time for anything. This period is not easy for us. We’ve a special game tomorrow in the cup, so we don’t have time or the chance to fix something. Same in the Champions League. But tomorrow we have to win; we don’t have a choice. The end of the season is 10 days away, so the next 10 days is the most important for us. Until now we have done a great job. Hopefully we’ll continue to do our best.”

ON THREAT POSED BY NASR:

“They played three days ago, so have one more day’s rest than us. It will be a difficult game. Al Nasr have a good team, especially in attack with players like Ibrahima Toure and Brett Holman. They also want to pass to the semi-finals. They may be tired, too, but they will try their best against us. Every time every team plays against us, they want to do their best. We are a big challenge for everyone. Also, the President’s Cup is a big target for them. If we continue to play well in defence, like the last period, I’m sure we’ll win the game.”

ON DEFENCE BEING KEY:

“My team have to be serious. From the first minute, play well, play strong and give good respect to Al Nasr. I know my players will be thinking about the end of the season, about the Champions League, but the President’s Cup is also an important challenge, an important competition for us. I’m sure we’ll do a good job tomorrow. For me, the big benefit is in the last eight games we’ve conceded just one goal. This is a fanatic job from my team, and our defence play very well. Not only the defensive line, but the whole team.”

ON MAINTAINING FOCUS:

“It’s not easy. Because everybody now expects a big result from us, for us to win. I told my players, ‘we took the championship – fantastic’. But if we lose something now, we’ll be a bad team; I’ll be a bad coach. It’s the reality of our job. We must keep our concentration for the next 10 days. I know we can, but if something bad happens against us we must accept everything. Since February 4, we’ve played every four days, which is not normal, not easy. Not that I don’t believe in my team, only because we are tired and maybe sometimes my players’ minds are outside the pitch. But my players have shown character many times, they are serious. We shall be ready.”

jmcauley@thenational.ae

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How to apply for a drone permit
  • Individuals must register on UAE Drone app or website using their UAE Pass
  • Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
  • Upload the training certificate from a centre accredited by the GCAA
  • Submit their request
What are the regulations?
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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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4.30pm Jebel Jais – Maiden (PA) Dh60,000 (Turf) 1,000m
5pm: Jabel Faya – Maiden (PA) Dh60,000 (T) 1,000m
5.30pm: Al Wathba Stallions Cup – Handicap (PA) Dh70,000 (T) 2,200m
6pm: The President’s Cup Prep – Conditions (PA) Dh100,000 (T) 2,200m
6.30pm: Abu Dhabi Equestrian Club – Prestige (PA) Dh125,000 (T) 1,600m
7pm: Al Ruwais – Group 3 (PA) Dh300,000 (T) 1,200m
7.30pm: Jebel Hafeet – Maiden (TB) Dh80,000 (T) 1,400m

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.”

Labour dispute

The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


- Abdullah Ishnaneh, Partner, BSA Law 

Bert van Marwijk factfile

Born: May 19 1952
Place of birth: Deventer, Netherlands
Playing position: Midfielder

Teams managed:
1998-2000 Fortuna Sittard
2000-2004 Feyenoord
2004-2006 Borussia Dortmund
2007-2008 Feyenoord
2008-2012 Netherlands
2013-2014 Hamburg
2015-2017 Saudi Arabia
2018 Australia

Major honours (manager):
2001/02 Uefa Cup, Feyenoord
2007/08 KNVB Cup, Feyenoord
World Cup runner-up, Netherlands