The transfer rumour mill is in full swing with daily stories of players coming and going.
Each weekday we'll bring you the best transfer gossip and the likelihood of those transfer stories bearing fruit.
Manchester City are readying an opening bid for RB Leipzig defender Josko Gvardiol, ESPN reports. The treble winners have received indications that the 21-year-old defender has expressed a desire to join City this summer and that a potential transfer could be negotiated for the right price. The German club reportedly value the Croatian centre-back at around €100 million ($110m), but the Premier League club’s initial bid is not expected to be close to this figure.
Al Nassr have made an attractive offer to Andre Onana as they aim to rival Manchester United for his signature, reports CBS Sports. The 27-year-old goalkeeper is sought-after following an impressive season with Champions League finalists Inter Milan. The Saudi Arabian club were previously targeting a free transfer for David de Gea, whose United contract expired last month, but he is now their second option, as they look to prioritise the signing of the Cameroon shot-stopper to replace their current injured No 1, David Ospina.
According to Sky Sports, free agent Wilfried Zaha could be set to join the Saudi Pro League, after reaching a personal agreement with Al Nassr, Lazio, as well as Fenerbahce. The 30-year-old forward's contract with Crystal Palace expired in June, prompting him to consider his options, agreeing deals in principle with three clubs. Palace have presented a new four-year contract in an attempt to retain Zaha. The Ivory Coast international is close to making a decision regarding his future club.
Arsenal are nearing a deal with Ajax for Jurrien Timber, as per ESPN. Negotiations between the two clubs are underway for the 22-year-old, who is valued at an estimated €46.55m. The Netherlands international was tipped to join Manchester United last summer, with manager Erik ten Hag an admirer following their time together at Ajax. After making more than 100 appearances for his boyhood club, Timber is poised to leave Ajax. His move to the Emirates Stadium follows in the footsteps of Kai Havertz, who joined Arsenal in a £65m ($82.5m) transfer from Chelsea.
Steven Gerrard, the newly appointed head coach of Al Ettifaq, is reportedly considering signing Philippe Coutinho and Alvaro Morata this summer, the Daily Mail understands. The 43-year-old manager was confirmed as the boss of the Saudi Pro League club on Monday, and he is already looking for potential additions to his squad. Gerrard is particularly interested in reuniting with Coutinho, 31, after signing the Brazilian during his tenure at Aston Villa. It is reported that he is also keen on acquiring the services of Morata, 30, with Atletico Madrid willing to part ways with the former Chelsea striker for a reduced fee.
Newcastle United are considering a move for Sporting Lisbon defender Goncalo Inacio, according to Football Insider. With Eddie Howe looking to strengthen his squad with Champions League football to play next season, the 21-year-old is seen as a perfect fit for the Magpies. The twice-capped Portugal international has been consistently linked with a transfer to the Premier League this summer, and the defender is known for his versatility, able to operate effectively on either side of a two-man partnership, as well as in the full-back position. Inacio is out of contract with the Portuguese club in 2026, after signing a new deal last year.
Once Al Ahli have completed the signing of Roberto Firmino, the Saudi Pro League club will open negotiations with Liverpool’s Thiago Alcantara, Sports Zone reports. The 32-year-old midfielder, who joined the Reds in 2020 from Bayern Munich, is in contract at Anfield until 2024. However, he is not only the main target of Al Ahli, following their unsuccessful attempt for Luka Modric, but Al Arabi and Al Ettifaq are also interested in a move for the Spain international. Al Arabi are making efforts to persuade him to join the club and team up with his brother Rafinha, while Steven Gerrard wants to make him one of his first signings at Ettifaq.
Company profile
Date started: December 24, 2018
Founders: Omer Gurel, chief executive and co-founder and Edebali Sener, co-founder and chief technology officer
Based: Dubai Media City
Number of employees: 42 (34 in Dubai and a tech team of eight in Ankara, Turkey)
Sector: ConsumerTech and FinTech
Cashflow: Almost $1 million a year
Funding: Series A funding of $2.5m with Series B plans for May 2020
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
Company Profile
Company name: OneOrder
Started: October 2021
Founders: Tamer Amer and Karim Maurice
Based: Cairo, Egypt
Industry: technology, logistics
Investors: A15 and self-funded
Specs
Engine: 51.5kW electric motor
Range: 400km
Power: 134bhp
Torque: 175Nm
Price: From Dh98,800
Available: Now
Switching%20sides
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Bharat
Director: Ali Abbas Zafar
Starring: Salman Khan, Katrina Kaif, Sunil Grover
Rating: 2.5 out of 5 stars
SPEC%20SHEET%3A%20APPLE%20IPHONE%2015%20PRO%20MAX
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The biog
Name: Greg Heinricks
From: Alberta, western Canada
Record fish: 56kg sailfish
Member of: International Game Fish Association
Company: Arabian Divers and Sportfishing Charters
THE BIO
Bio Box
Role Model: Sheikh Zayed, God bless his soul
Favorite book: Zayed Biography of the leader
Favorite quote: To be or not to be, that is the question, from William Shakespeare's Hamlet
Favorite food: seafood
Favorite place to travel: Lebanon
Favorite movie: Braveheart
In numbers: PKK’s money network in Europe
Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010
Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille
Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm
Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year
Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”
Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners
TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013
Last 10 NBA champions
2017: Golden State bt Cleveland 4-1
2016: Cleveland bt Golden State 4-3
2015: Golden State bt Cleveland 4-2
2014: San Antonio bt Miami 4-1
2013: Miami bt San Antonio 4-3
2012: Miami bt Oklahoma City 4-1
2011: Dallas bt Miami 4-2
2010: Los Angeles Lakers bt Boston 4-3
2009: Los Angeles Lakers bt Orlando 4-1
2008: Boston bt Los Angeles Lakers 4-2
Difference between fractional ownership and timeshare
Although similar in its appearance, the concept of a fractional title deed is unlike that of a timeshare, which usually involves multiple investors buying “time” in a property whereby the owner has the right to occupation for a specified period of time in any year, as opposed to the actual real estate, said John Peacock, Head of Indirect Tax and Conveyancing, BSA Ahmad Bin Hezeem & Associates, a law firm.
MATCH INFO
What: 2006 World Cup quarter-final
When: July 1
Where: Gelsenkirchen Stadium, Gelsenkirchen, Germany
Result:
England 0 Portugal 0
(Portugal win 3-1 on penalties)
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French business
France has organised a delegation of leading businesses to travel to Syria. The group was led by French shipping giant CMA CGM, which struck a 30-year contract in May with the Syrian government to develop and run Latakia port. Also present were water and waste management company Suez, defence multinational Thales, and Ellipse Group, which is currently looking into rehabilitating Syrian hospitals.
Porsche Macan T: The Specs
Engine: 2.0-litre 4-cyl turbo
Power: 265hp from 5,000-6,500rpm
Torque: 400Nm from 1,800-4,500rpm
Transmission: 7-speed dual-clutch auto
Speed: 0-100kph in 6.2sec
Top speed: 232kph
Fuel consumption: 10.7L/100km
On sale: May or June
Price: From Dh259,900
Groom and Two Brides
Director: Elie Semaan
Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla
Rating: 3/5
Bio
Age: 25
Town: Al Diqdaqah – Ras Al Khaimah
Education: Bachelors degree in mechanical engineering
Favourite colour: White
Favourite place in the UAE: Downtown Dubai
Favourite book: A Life in Administration by Ghazi Al Gosaibi.
First owned baking book: How to Be a Domestic Goddess by Nigella Lawson.
The biog
Siblings: five brothers and one sister
Education: Bachelors in Political Science at the University of Minnesota
Interests: Swimming, tennis and the gym
Favourite place: UAE
Favourite packet food on the trip: pasta primavera
What he did to pass the time during the trip: listen to audio books
Honeymoonish
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