• Norwich City manager Daniel Farke after the 2-1 win over Brentford at the Brentford Community Stadium. The German was sacked by the Premier League club hours later. Reuters
    Norwich City manager Daniel Farke after the 2-1 win over Brentford at the Brentford Community Stadium. The German was sacked by the Premier League club hours later. Reuters
  • Daniel Farke celebrates after the Premier League win over Brentford. Getty Images
    Daniel Farke celebrates after the Premier League win over Brentford. Getty Images
  • Tim Krul and Mathias Normann of Norwich City celebrate with Daniel Farke. Getty Images
    Tim Krul and Mathias Normann of Norwich City celebrate with Daniel Farke. Getty Images
  • Norwich manager Daniel Farke. Getty Images
    Norwich manager Daniel Farke. Getty Images
  • Norwich City manager Daniel Farke during the Premier League match against Brentford. Getty Images
    Norwich City manager Daniel Farke during the Premier League match against Brentford. Getty Images
  • Norwich City manager Daniel Farke during the match. Reuters
    Norwich City manager Daniel Farke during the match. Reuters
  • Norwich City's Mathias Normann celebrates scoring their first goal with teammates. Reuters
    Norwich City's Mathias Normann celebrates scoring their first goal with teammates. Reuters
  • Norwich City's Mathias Normann salutes the fans after the final whistle. PA
    Norwich City's Mathias Normann salutes the fans after the final whistle. PA
  • Mathias Normann of Norwich City assists Teemu Pukki during the Premier League match against Brentford. Getty Images
    Mathias Normann of Norwich City assists Teemu Pukki during the Premier League match against Brentford. Getty Images
  • Mathias Normann of Norwich City and Andrew Omobamidele close down Ivan Toney of Brentford. Getty Images
    Mathias Normann of Norwich City and Andrew Omobamidele close down Ivan Toney of Brentford. Getty Images
  • Teemu Pukki of Norwich City scores their side's second goal from a penalty. Getty Images
    Teemu Pukki of Norwich City scores their side's second goal from a penalty. Getty Images
  • Teemu Pukki of Norwich City celebrates after scoring. Getty Images
    Teemu Pukki of Norwich City celebrates after scoring. Getty Images

Daniel Farke sacked despite guiding Norwich to first win


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Norwich City sacked manager Daniel Farke on Saturday, hours after they beat Brentford to record their first Premier League win of the season.

The 45-year-old German had been under increasing pressure after the Canaries failed to win any of their opening 10 games on their return to the top flight.

"In continuing to demand the very best for our football club, this decision was not an easy one," sporting director Stuart Webber said.

"I know how determined Daniel and his staff were to succeed at this level, but we feel that now is the right time for a change to give ourselves the best opportunity of retaining our Premier League status."

He added: "It's important that we now look forward. We have 27 league games remaining and a long way to go in the current season. We know we have the ability within our playing squad and staff to start picking up points and climbing the league table."

Despite Saturday's 2-1 win, courtesy of goals from Mathias Normann and Teemu Pukki, the Canaries remain bottom of the English top flight with five points from 11 games.

Farke, who joined the club in 2017, won promotion for Norwich two years later, only for the club to go straight back down to the second-tier Championship.

But he guided Norwich to an immediate top-flight return, again as champions, and was rewarded with a new four-year contract in July.

Farke gave no indication of his fate when speaking after Saturday's win, hailing "a great day" and saying: "There is spirit and belief in this dressing room and everyone was committed to getting the first three points for the club."

Farke is the fourth managerial casualty in the Premier League this season, following the departures of Xisco Munoz from Watford, Steve Bruce from Newcastle and Nuno Espirito Santo from Tottenham.

Former Chelsea manager Frank Lampard is the favourite to replace Farke, while out-of-work Chris Wilder and Roy Hodgson are also said to be in the running.

Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

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Why it pays to compare

A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.

Route 1: bank transfer

The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.

Total cost: Dh567.25 - around 2.9 per cent of the total amount

Total received: €4,670.30 

Route 2: online platform

The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.

Total cost: Dh74.10, around 0.4 per cent of the transaction

Total received: €4,756

The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.

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

The specs: Aston Martin DB11 V8 vs Ferrari GTC4Lusso T

Price, base: Dh840,000; Dh120,000

Engine: 4.0L V8 twin-turbo; 3.9L V8 turbo

Transmission: Eight-speed automatic; seven-speed automatic

Power: 509hp @ 6,000rpm; 601hp @ 7,500rpm

Torque: 695Nm @ 2,000rpm; 760Nm @ 3,000rpm

Fuel economy, combined: 9.9L / 100km; 11.6L / 100km

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What can you do?

Document everything immediately; including dates, times, locations and witnesses

Seek professional advice from a legal expert

You can report an incident to HR or an immediate supervisor

You can use the Ministry of Human Resources and Emiratisation’s dedicated hotline

In criminal cases, you can contact the police for additional support

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

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”.

The Kingfisher Secret
Anonymous, Penguin Books

Leading all-time NBA scorers

Kareem Abdul-Jabbar 38,387
Karl Malone 36,928
Kobe Bryant 33,643
Michael Jordan 32,292
LeBron James 31,425
Wilt Chamberlain 31,419

RESULTS

Argentina 4 Haiti 0

Peru 2 Scotland 0

Panama 0 Northern Ireland 0

UAE currency: the story behind the money in your pockets
Nepotism is the name of the game

Salman Khan’s father, Salim Khan, is one of Bollywood’s most legendary screenwriters. Through his partnership with co-writer Javed Akhtar, Salim is credited with having paved the path for the Indian film industry’s blockbuster format in the 1970s. Something his son now rules the roost of. More importantly, the Salim-Javed duo also created the persona of the “angry young man” for Bollywood megastar Amitabh Bachchan in the 1970s, reflecting the angst of the average Indian. In choosing to be the ordinary man’s “hero” as opposed to a thespian in new Bollywood, Salman Khan remains tightly linked to his father’s oeuvre. Thanks dad. 

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Gully Boy

Director: Zoya Akhtar
Producer: Excel Entertainment & Tiger Baby
Cast: Ranveer Singh, Alia Bhatt, Kalki Koechlin, Siddhant Chaturvedi​​​​​​​
Rating: 4/5 stars

Meydan race card

6.30pm: Maiden Dh 165,000 1,600m
7.05pm: Handicap Dh 185,000 2,000m
7.40pm: Maiden Dh 165,000 1,600m
8.15pm: Handicap Dh 190,000 1,400m
8.50pm: Handicap Dh 175,000 1,600m
9.25pm: Handicap Dh 175,000 1,200m
10pm: Handicap Dh 165,000 1,600m

Tree of Hell

Starring: Raed Zeno, Hadi Awada, Dr Mohammad Abdalla

Director: Raed Zeno

Rating: 4/5

The Freedom Artist

By Ben Okri (Head of Zeus)

Updated: November 07, 2021, 3:26 AM