• Manchester City's Oleksandr Zinchenko, Riyad Mahrez and Ruben Dias celebrate with the Premier League trophy during the victory parade on Monday, May 23. Reuters
    Manchester City's Oleksandr Zinchenko, Riyad Mahrez and Ruben Dias celebrate with the Premier League trophy during the victory parade on Monday, May 23. Reuters
  • Fans celebrate as the Manchester City team go past on the bus. Getty
    Fans celebrate as the Manchester City team go past on the bus. Getty
  • Manchester City's players on the an open-top bus parade. AFP
    Manchester City's players on the an open-top bus parade. AFP
  • Jack Grealish and Fernandinho with the Premier League trophy. AFP
    Jack Grealish and Fernandinho with the Premier League trophy. AFP
  • Manchester City players on the open-top bus during the Premier League trophy parade. PA
    Manchester City players on the open-top bus during the Premier League trophy parade. PA
  • Manchester City manager Pep Guardiola. Reuters
    Manchester City manager Pep Guardiola. Reuters
  • City midfielder Kevin De Bruyne waves to fans. EPA
    City midfielder Kevin De Bruyne waves to fans. EPA
  • Manchester City's Ruben Dias and Bernardo Silva celebrate with the Premier League trophy during the victory parade. Reuters
    Manchester City's Ruben Dias and Bernardo Silva celebrate with the Premier League trophy during the victory parade. Reuters
  • Manchester City players on the open-top bus during the Premier League trophy parade. PA
    Manchester City players on the open-top bus during the Premier League trophy parade. PA
  • City players including Fernandinho, Jack Grealish and Riyad Mahrez during the Premier League trophy parade. PA
    City players including Fernandinho, Jack Grealish and Riyad Mahrez during the Premier League trophy parade. PA
  • City's Oleksandr Zinchenko with the Premier League trophy. Reuters
    City's Oleksandr Zinchenko with the Premier League trophy. Reuters
  • Fans celebrate as Manchester City players pass by. AP
    Fans celebrate as Manchester City players pass by. AP
  • City's Ruben Dias and Bernardo Silva celebrate with the Premier League trophy. Reuters
    City's Ruben Dias and Bernardo Silva celebrate with the Premier League trophy. Reuters
  • Riyad Mahrez and Fernandinho with the trophy. AFP
    Riyad Mahrez and Fernandinho with the trophy. AFP
  • Manchester City players on the open-top bus during the Premier League trophy parade. PA
    Manchester City players on the open-top bus during the Premier League trophy parade. PA
  • City goalkeeper Ederson gives thumbs up to fans. AFP
    City goalkeeper Ederson gives thumbs up to fans. AFP
  • Left to right: Nathan Ake, Joao Cancelo and Oleksandr Zinchenko. AFP
    Left to right: Nathan Ake, Joao Cancelo and Oleksandr Zinchenko. AFP
  • Fans line the streets of Manchester for the open-top bus parade. PA
    Fans line the streets of Manchester for the open-top bus parade. PA
  • Fans line the streets of Manchester for the open-top bus parade. AP
    Fans line the streets of Manchester for the open-top bus parade. AP
  • Manchester City players celebrate on the bus ahead of parade. Reuters
    Manchester City players celebrate on the bus ahead of parade. Reuters
  • The Manchester City team on the bus parade. Getty
    The Manchester City team on the bus parade. Getty
  • City midfielder Fernandinho holds up the Premier League trophy. AFP
    City midfielder Fernandinho holds up the Premier League trophy. AFP
  • Manchester City midfielder Fernandinho holds up the Premier League trophy. AFP
    Manchester City midfielder Fernandinho holds up the Premier League trophy. AFP
  • Manchester City fans wait for the open-top bus parade to start. AFP
    Manchester City fans wait for the open-top bus parade to start. AFP
  • Manchester City fans wait for the open-top bus parade to start. AFP.
    Manchester City fans wait for the open-top bus parade to start. AFP.
  • Manchester City fans celebrate winning the Premier League. Reuters
    Manchester City fans celebrate winning the Premier League. Reuters
  • Manchester City's fans wait for the open-top bus parade to start. AFP
    Manchester City's fans wait for the open-top bus parade to start. AFP
  • Manchester City fans gather during the Premier League trophy parade. PA
    Manchester City fans gather during the Premier League trophy parade. PA
  • Manchester City's fans wait for the open-top bus parade to start. AFP
    Manchester City's fans wait for the open-top bus parade to start. AFP
  • Manchester City's fans wait for the open-top bus parade to start. Reuters
    Manchester City's fans wait for the open-top bus parade to start. Reuters

Manchester City named Club of the Year at Ballon d’Or ceremony


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Manchester City have been named Club of the Year at the Ballon d’Or ceremony in Paris.

On a stellar night for the Abu Dhabi-owned Premier League champions, two of their star names were also added to the glittering roll of honour.

Belgian midfielder Kevin De Bruyne became the first player in City’s history to be shortlisted in the final three of the men’s individual award.

Meanwhile, serial Golden Glove winner Ederson also reached the podium for the Yashin Trophy which is confined to goalkeepers.

City chief executive Ferran Soriano, who was in Paris with Director of Football Txiki Begiristain to collect the team prize, declared it a proud day for his club.

“To be named Club of the Year is an honour and further underlines the strength of this club across both men’s and women’s football,” he said.

“We pride ourselves on playing beautiful football and winning matches. We are proud of the quality of the players and all the staff behind the scenes who help make us successful.

“This award is recognition of the hard work and dedication found in every department of our organisation. We will continue to strive for success but today I want everyone connected to Manchester City Football Club to take a step back and feel proud of all we achieved last season.”

De Bruyne, meanwhile, believes his place in the men’s top three is recognition for his performances over a number of years for both City and Belgium.

“I have been nominated quite a few times now, so it means you have been doing well consistently,” he said.

Kevin De Bruyne scores for Manchester City against Bournemouth in the Premier League match at the Etihad Stadium in August 2022. Getty
Kevin De Bruyne scores for Manchester City against Bournemouth in the Premier League match at the Etihad Stadium in August 2022. Getty

“To be recognised as a player is always nice. If you are in that list, then it means a lot and after that it is people’s opinion. As a player, I think you understand what you do good and what you do bad.”

“The aim is to be the best possible player for my club, country and myself. You are only as good as your last game. I have been playing for a long time so I understand how it works.”

The 31-year-old, who has played more than 300 times for City, has four Premier League titles in the trophy cabinet and is looking to add more silverware this term.

He will also spearhead his country’s bid for World Cup glory in Qatar. He admits it doesn’t leave much time to think about individual honours.

“As a player I think you can reflect on what you did in your career. It is not something I look at right now,” he added.

“But when you finish your career, you can see what you have done as a player in your career for your club, for your country and individually. There is only one player every year that can win the Ballon d’Or out of millions and millions of people, so to be in that list of top 30 for a long time now, it is something I already appreciate.

“I think the best players are their own critics. The real top, top players push themselves to the limit.”

Brazil international Ederson, winner of the Premier League’s Golden Glove award for most clean sheets on three occasions, admits that as a kid on the streets of his homeland he had no perception of the Ballon d’Or though that all changed as his countrymen and idols began to win in it.

He also believes it is harder for a keeper to win the overall award and so is delighted they now have the Yashin Trophy - named after the great Russian goalkeeper.

Brazilian goalkeeper Ederson moved to Manchester City from Benfica in 2017. AP
Brazilian goalkeeper Ederson moved to Manchester City from Benfica in 2017. AP

“I am proud to be recognised in the Yashin Trophy as part of the Ballon d’Or ceremony," said Ederson.

“When I was a kid, I didn't have the notion of what it was – a Ballon d'Or – because during those times, we used to play a lot in the streets and have fun. As time went by, I was gaining more knowledge. Rivaldo won, Ronaldo won, Kaka won. So that was when I knew the size and the importance of the Ballon d'Or.

“It’s an honour to be shortlisted this year in the award for goalkeepers because the competition for both the team and individual honours is always so strong. There are a lot of exceptional players.

“It's very difficult to win it [Ballon d’Or] in a football world with so many great players. Of course, it's more difficult to win it for a goalkeeper.

“Usually the joy of the fans is when a goal is scored, and our job is to avoid that from happening! For us goalkeepers, it is more difficult to be on the shortlist, especially when you are talking about players that have scored 30 or 40 goals in a season.

“Winning the Ballon d'Or for a goalkeeper is a very difficult achievement. But it's not impossible and I'm sure we will see goalkeepers winning it in the future.

“First and foremost, collective achievements are more important to me, and then individual awards. But winning trophies as a team helps you massively into these types of awards. I'm focused on my team, Manchester City and achieving collective success, and winning the Yashin Trophy in the future would be a consequence.”

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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

Expo details

Expo 2020 Dubai will be the first World Expo to be held in the Middle East, Africa and South Asia

The world fair will run for six months from October 20, 2020 to April 10, 2021.

It is expected to attract 25 million visits

Some 70 per cent visitors are projected to come from outside the UAE, the largest proportion of international visitors in the 167-year history of World Expos.

More than 30,000 volunteers are required for Expo 2020

The site covers a total of 4.38 sqkm, including a 2 sqkm gated area

It is located adjacent to Al Maktoum International Airport in Dubai South

War 2

Director: Ayan Mukerji

Stars: Hrithik Roshan, NTR, Kiara Advani, Ashutosh Rana

Rating: 2/5

Skoda Superb Specs

Engine: 2-litre TSI petrol

Power: 190hp

Torque: 320Nm

Price: From Dh147,000

Available: Now

Updated: October 20, 2022, 4:05 PM