• England's T20 World Cup star Ben Stokes at the Red Bull Racing garage prior to final practice session for the Abu Dhabi Grand Prix at Yas Marina Circuit on Saturday, November 19, 2022. Getty
    England's T20 World Cup star Ben Stokes at the Red Bull Racing garage prior to final practice session for the Abu Dhabi Grand Prix at Yas Marina Circuit on Saturday, November 19, 2022. Getty
  • Red Bull Racing's team principal Christian Horner, centre, driver Sergio Perez and Max Verstappen with England cricketers Ben Stokes, second right, Liam Livingstone, right, and others in Abu Dhabi. AFP
    Red Bull Racing's team principal Christian Horner, centre, driver Sergio Perez and Max Verstappen with England cricketers Ben Stokes, second right, Liam Livingstone, right, and others in Abu Dhabi. AFP
  • A fan wearing Lionel Messi costume at the Yas Marina Circuit. AFP
    A fan wearing Lionel Messi costume at the Yas Marina Circuit. AFP
  • England star all-rounder Ben Stokes during the Abu Dhabi GP at Yas Marina Circuit on Saturday. AFP
    England star all-rounder Ben Stokes during the Abu Dhabi GP at Yas Marina Circuit on Saturday. AFP
  • FIA president Mohammed Ben Sulayem at Yas Marina Circuit. AFP
    FIA president Mohammed Ben Sulayem at Yas Marina Circuit. AFP
  • Ben Stokes during the Abu Dhabi GP. AFP
    Ben Stokes during the Abu Dhabi GP. AFP

England star Ben Stokes attends Abu Dhabi Grand Prix 2022 - in pictures


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The season-ending Abu Dhabi Grand Prix always attracts some of the most famous names from across the globe. Among those who were at the Yas Marina Circuit on Saturday to witness the conclusion of the F1 season was England's T20 World Cup hero Ben Stokes.

While the 2022 championship has already been decided, there is still a lot to look forward to in the UAE capital this weekend.

Double world champion Max Verstappen will be looking to end the year on a victorious note to leave his mark on what has been a remarkable season. Mercedes's veteran champion Lewis Hamilton, meanwhile, will be hoping to show there still enough fight left in him.

Apart from the drivers, the teams will also be keeping one eye on the next season, trying to get as much data as possible one last time before they begin the process all over again.

Stokes was understandably in jovial mood at the Yas Marina Circuit. The star all-rounder held his nerve with an unbeaten half-century as England claimed their second Twenty20 World Cup title with a five-wicket win over Pakistan at the Melbourne Cricket Ground on Sunday.

Thirty years after losing the 50-over World Cup final to Pakistan at the MCG, England turned the tables on the south Asian side with brilliant death bowling and with Stokes finishing on 52 not out in a chase of 138 for victory.

England became the first nation to hold both global white ball titles, having won the 50-over World Cup on home soil in 2019.

  • Ben Stokes and Liam Livingstone of England celebrate victory in the ICC Men's T20 World Cup Final against Pakistan at the Melbourne Cricket Ground on November 13, 2022. Getty
    Ben Stokes and Liam Livingstone of England celebrate victory in the ICC Men's T20 World Cup Final against Pakistan at the Melbourne Cricket Ground on November 13, 2022. Getty
  • England players celebrate with the trophy. AP
    England players celebrate with the trophy. AP
  • England celebrate winning the ICC Men's T20 World Cup final. Getty
    England celebrate winning the ICC Men's T20 World Cup final. Getty
  • Ben Stokes and Sam Curran of England celebrate. Getty
    Ben Stokes and Sam Curran of England celebrate. Getty
  • Ben Stokes and Sam Curran of England celebrate. Getty
    Ben Stokes and Sam Curran of England celebrate. Getty
  • England's Ben Stokes and Liam Livingstone celebrate. AFP
    England's Ben Stokes and Liam Livingstone celebrate. AFP
  • England supporters celebrate victory at the Melbourne Cricket Ground. AFP
    England supporters celebrate victory at the Melbourne Cricket Ground. AFP
  • Pakistan players wait for presentation ceremonies after losing to England. AP
    Pakistan players wait for presentation ceremonies after losing to England. AP
  • Alex Hales, Ben Stokes, Adil Rashid and Chris Jordan of England celebrate. Getty
    Alex Hales, Ben Stokes, Adil Rashid and Chris Jordan of England celebrate. Getty
  • Ben Stokes of England celebrates. Getty
    Ben Stokes of England celebrates. Getty
  • Ben Stokes of England celebrates victory. AFP
    Ben Stokes of England celebrates victory. AFP
  • Pakistan's Shaheen Afridi is injured after taking a catch to dismiss England's Harry Brook. AFP
    Pakistan's Shaheen Afridi is injured after taking a catch to dismiss England's Harry Brook. AFP
  • Shaheen Afridi of Pakistan receives treatment for an injury. Getty
    Shaheen Afridi of Pakistan receives treatment for an injury. Getty
  • Ben Stokes of England hits out. Getty
    Ben Stokes of England hits out. Getty
  • Adil Rashid of England celebrates after taking the wicket of Mohammad Haris of Pakistan. Getty
    Adil Rashid of England celebrates after taking the wicket of Mohammad Haris of Pakistan. Getty
  • Adil Rashid of England takes a catch off his own bowling to dismiss Babar Azam of Pakistan. Getty
    Adil Rashid of England takes a catch off his own bowling to dismiss Babar Azam of Pakistan. Getty
  • England's Moeen Ali bats against Pakistan. AP
    England's Moeen Ali bats against Pakistan. AP
  • Pakistan's Haris Rauf celebrates the wicket of England's Jos Buttler. AFP
    Pakistan's Haris Rauf celebrates the wicket of England's Jos Buttler. AFP
  • Sam Curran of England celebrates after taking the wicket of the Muhammad Rizwan of Pakistan. Getty
    Sam Curran of England celebrates after taking the wicket of the Muhammad Rizwan of Pakistan. Getty
  • Pakistan captain Babar Azam bats. EPA
    Pakistan captain Babar Azam bats. EPA
  • Pakistan's Shan Masood is beaten for pace. AFP
    Pakistan's Shan Masood is beaten for pace. AFP
  • Shan Masood of Pakistan receives medical attention after being hit on the helmet. EPA
    Shan Masood of Pakistan receives medical attention after being hit on the helmet. EPA
  • Jos Buttler of England leaves the field after being dismissed. EPA
    Jos Buttler of England leaves the field after being dismissed. EPA
  • Shadab Khan of Pakistan hits out on his way to making a score of 20. Getty
    Shadab Khan of Pakistan hits out on his way to making a score of 20. Getty
  • Shan Masood of Pakistan plays a shot. EPA
    Shan Masood of Pakistan plays a shot. EPA
  • England's Ben Stokes plays a reverse sweep. AFP
    England's Ben Stokes plays a reverse sweep. AFP
  • Pakistan and England supporters at the Melbourne Cricket Ground. AP
    Pakistan and England supporters at the Melbourne Cricket Ground. AP
  • England's Sam Curran bowls. AFP
    England's Sam Curran bowls. AFP
  • Ben Stokes of England plays a stroke. Getty
    Ben Stokes of England plays a stroke. Getty
  • Harry Brook of England dives to make his ground. Getty
    Harry Brook of England dives to make his ground. Getty
  • England's Ben Stokes congratulates teammate Sam Curran at the end of his bowling spell. AP
    England's Ben Stokes congratulates teammate Sam Curran at the end of his bowling spell. AP
  • England captain Jos Buttler plays a ramp shot. AFP
    England captain Jos Buttler plays a ramp shot. AFP
  • England's Chris Jordan celebrates with teammate Ben Stokes after dismissing Pakistan's Shadab Khan. PA
    England's Chris Jordan celebrates with teammate Ben Stokes after dismissing Pakistan's Shadab Khan. PA
  • England's Ben Stokes. PA
    England's Ben Stokes. PA
  • Pakistan's Mohammad Wasim bowls. AFP
    Pakistan's Mohammad Wasim bowls. AFP
  • Shadab Khan of Pakistan celebrates after taking the wicket of Harry Brook of England. Getty
    Shadab Khan of Pakistan celebrates after taking the wicket of Harry Brook of England. Getty
  • Naseem Shah of Pakistan appeals. Getty
    Naseem Shah of Pakistan appeals. Getty
Company%20profile
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Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

Name: Peter Dicce

Title: Assistant dean of students and director of athletics

Favourite sport: soccer

Favourite team: Bayern Munich

Favourite player: Franz Beckenbauer

Favourite activity in Abu Dhabi: scuba diving in the Northern Emirates 

 

How to increase your savings
  • Have a plan for your savings.
  • Decide on your emergency fund target and once that's achieved, assign your savings to another financial goal such as saving for a house or investing for retirement.
  • Decide on a financial goal that is important to you and put your savings to work for you.
  • It's important to have a purpose for your savings as it helps to keep you motivated to continue while also reducing the temptation to spend your savings. 

- Carol Glynn, founder of Conscious Finance Coaching

 

 

COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4

 

 

Monster

Directed by: Anthony Mandler

Starring: Kelvin Harrison Jr., John David Washington 

3/5

 

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

EU's%2020-point%20migration%20plan
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Company%20Profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20myZoi%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202021%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Syed%20Ali%2C%20Christian%20Buchholz%2C%20Shanawaz%20Rouf%2C%20Arsalan%20Siddiqui%2C%20Nabid%20Hassan%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20UAE%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%3C%2Fstrong%3E%2037%3Cbr%3E%3Cstrong%3EInvestment%3A%3C%2Fstrong%3E%20Initial%20undisclosed%20funding%20from%20SC%20Ventures%3B%20second%20round%20of%20funding%20totalling%20%2414%20million%20from%20a%20consortium%20of%20SBI%2C%20a%20Japanese%20VC%20firm%2C%20and%20SC%20Venture%3C%2Fp%3E%0A
In%20the%20Land%20of%20Saints%20and%20Sinners
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Updated: November 19, 2022, 12:01 PM