The summer transfer window enters its final month with still plenty of signings to be made.
Here we bring you the best transfer gossip and the likelihood of those transfer stories materialising.
Brentford goalkeeper David Raya has reached an agreement with Arsenal, according to Fabrizio Romano. It has been reported that Arsenal are in the market for a new shot-stopper to provide competition for Aaron Ramsdale, with the Gunners identifying Raya as the ideal candidate. The tweet suggests Brentford are aware of Raya’s desire to move to the Emirates Stadium, with talks ongoing between the two London clubs as they haggle over a price for the Spanish goalkeeper.
Internazionale are monitoring the situation of Chelsea defender Trevoh Chalobah, with the Blues keen to offload the 24-year-old defender, report Football Insider. After agreeing a deal for Monaco’s Axel Disasi, it is reported that Chelsea are now happy to part ways with Chalobah, who despite being eager to remain at Stamford Bridge, will likely be sold this summer to help balance the books.
Ousmane Dembele looks set to sign for Paris Saint-Germain after Barcelona gave the winger the ‘green light’ to negotiate with the French champions, according to RMC Sport. The France international is reportedly keen to secure a switch to PSG, with Barcelona reluctantly preparing to part ways with the 26-year-old. Dembele featured 35 times in all competitions last season, notching eight goals and providing nine assists.
Manchester United have not yet made a decision on a potential return for veteran defender Jonny Evans, per Fabrizio Romano. The 35-year-old has joined the Red Devils on a short-term basis for pre-season, following his release from Leicester City. The tweet indicates that United are happy with Evans’ progress, with a decision on his future expected later this month. Evans played 198 times for United between 2006 and 2015.
Al Nassr are preparing a third and final bid for PSG defender Marquinhos, reports journalist Rudy Galetti. It is understood the Saudi Pro League club saw their second approach for the Brazilian defender rejected, leading Al Nassr to consider alternative targets, with Manchester City’s Aymeric Laporte also on their shortlist.
Marco Verratti has made it clear he wants to leave PSG for Al Hilal but the two clubs have not been able to find an agreement, according to Fabrizio Romano. The Italian midfielder has already agreed terms with the Saudi side, however, the tweet indicates PSG are looking for more than Al Hilal's opening bid of €30m.
Manchester City midfielder Bernardo Silva is eager to join Barcelona, however, the Spanish champions cannot fund the deal, suggest Sport. The report indicates that a deal looks extremely unlikely, with City standing firm on their valuation of the Portugal international. However, with Ousmane Dembele set to depart Camp Nou for PSG, Barca could yet see their transfer budget replenished.
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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
Awar Qalb
Director: Jamal Salem
Starring: Abdulla Zaid, Joma Ali, Neven Madi and Khadija Sleiman
Two stars
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Director: Saeed Roustaee
Starring: Parinaz Izadyar, Payman Maadi
Rating: 4/5
Sholto Byrnes on Myanmar politics
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