Kylian Mbappe announced on Friday that he will leave Paris Saint-Germain at the end of the season, with the French forward expected to join Real Madrid.
The announcement brings an end to a prolific association with his hometown team, which began when he signed from Monaco in 2017 in a deal worth €180 million ($194m).
"I wanted to announce to you all that it's my last year at Paris Saint-Germain. I will not extend and the adventure will come to an end in a few weeks," Mbappe, 25, said in a video posted on social media. "I will play my last game at the Parc des Princes on Sunday."
PSG have already secured the Ligue 1 title, their 10th in the last 12 seasons, and the Qatar-owned club will pick up the trophy after Sunday's game against Toulouse, which will be their last of the campaign on home turf.
Luis Enrique's side were eliminated from the Champions League by Borussia Dortmund in the semi-finals on Tuesday when a 1-0 loss in the second leg at home sealed a surprise 2-0 aggregate defeat.
It means Mbappe will be denied the send-off he had hoped for in the Champions League final at Wembley on June 1 and will end his seven-year spell at PSG without ever having won Europe's elite club competition.
Mbappe informed PSG privately in February of his intention to depart when his contract expires at the end of the current campaign. The 2018 World Cup winner had never confirmed publicly he was leaving, though, far less said where he will be going next, but it appears certain that he is bound for Real Madrid.
Spanish media have claimed for several months that Mbappe has signed an agreement, which would see him join the Liga champions in July once his PSG deal runs out.
"It's a lot of emotions, many years where I had the chance and the great honour to be a member of the biggest French club, one of the best in the world," said Mbappe.
"It allowed me to arrive here, to have my first experience in a club with a lot of pressure, to grow as a player of course, by being alongside some of the best in history, some of the greatest champions.
"It's hard and I never thought it would be this difficult to announce that... but I think I needed this, a new challenge, after seven years."
Mbappe's arrival in the capital as a teenager in 2017 came after he had helped Monaco win the league title. After initially joining PSG on loan, his transfer fee became the second largest in football history. It came just weeks after PSG paid a world-record €222 million to sign Neymar from Barcelona.
PSG have dominated French football since their 2011 Qatari takeover, but despite also adding Lionel Messi to their line-up for two seasons, European success has remained out of reach for a club that has spent billions on some of the world's best players.
The closest they came was the 2020 Champions League final defeat by Bayern Munich, when PSG academy graduate Kingsley Coman scored the winning goal against his former club.
The defeat to Dortmund this week ruled out the prospect of Mbappe facing his likely future employers, 14-time European champions Real Madrid, in this year's final.
Mbappe did not find the net in that tie but has scored 43 goals in all competitions this season, with 26 of those coming in Ligue 1.
He will still hope to add to his club-record tally of 255 goals for PSG and win another medal in the French Cup final on May 25. Mbappe has so far won six Ligue 1 titles, three French Cups and the now defunct League Cup twice in his seven years at his hometown team.
After Sunday's game, PSG will complete their league campaign with away matches at Nice and relegation-threatened Metz, before Mbappe wraps up his career with the club in that cup final in Lille.
Mbappe was frozen out at the start of the campaign with the club putting pressure on him to sign a new deal or agree to be sold rather than simply run down the last year of his contract.
His relationship with PSG manager Luis Enrique has also come under the spotlight since he told the Qatar-owned club of his plans to leave earlier this year.
Now the worst-kept secret is out and Mbappe's departure follows that of Messi and Neymar at the end of last season, which left PSG in a period of transition, but the loss of the France captain is an even greater blow.
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PROFILE OF HALAN
Started: November 2017
Founders: Mounir Nakhla, Ahmed Mohsen and Mohamed Aboulnaga
Based: Cairo, Egypt
Sector: transport and logistics
Size: 150 employees
Investment: approximately $8 million
Investors include: Singapore’s Battery Road Digital Holdings, Egypt’s Algebra Ventures, Uber co-founder and former CTO Oscar Salazar
Indoor cricket World Cup:
Insportz, Dubai, September 16-23
UAE fixtures:
Men
Saturday, September 16 – 1.45pm, v New Zealand
Sunday, September 17 – 10.30am, v Australia; 3.45pm, v South Africa
Monday, September 18 – 2pm, v England; 7.15pm, v India
Tuesday, September 19 – 12.15pm, v Singapore; 5.30pm, v Sri Lanka
Thursday, September 21 – 2pm v Malaysia
Friday, September 22 – 3.30pm, semi-final
Saturday, September 23 – 3pm, grand final
Women
Saturday, September 16 – 5.15pm, v Australia
Sunday, September 17 – 2pm, v South Africa; 7.15pm, v New Zealand
Monday, September 18 – 5.30pm, v England
Tuesday, September 19 – 10.30am, v New Zealand; 3.45pm, v South Africa
Thursday, September 21 – 12.15pm, v Australia
Friday, September 22 – 1.30pm, semi-final
Saturday, September 23 – 1pm, grand final
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
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Desert Warrior
Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley
Director: Rupert Wyatt
Rating: 3/5
BMW M5 specs
Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor
Power: 727hp
Torque: 1,000Nm
Transmission: 8-speed auto
Fuel consumption: 10.6L/100km
On sale: Now
Price: From Dh650,000
The biog
Age: 46
Number of Children: Four
Hobby: Reading history books
Loves: Sports
Where to buy
Limited-edition art prints of The Sofa Series: Sultani can be acquired from Reem El Mutwalli at www.reemelmutwalli.com
KILLING OF QASSEM SULEIMANI
APPLE IPAD MINI (A17 PRO)
Display: 21cm Liquid Retina Display, 2266 x 1488, 326ppi, 500 nits
Chip: Apple A17 Pro, 6-core CPU, 5-core GPU, 16-core Neural Engine
Storage: 128/256/512GB
Main camera: 12MP wide, f/1.8, digital zoom up to 5x, Smart HDR 4
Front camera: 12MP ultra-wide, f/2.4, Smart HDR 4, full-HD @ 25/30/60fps
Biometrics: Touch ID, Face ID
Colours: Blue, purple, space grey, starlight
In the box: iPad mini, USB-C cable, 20W USB-C power adapter
Price: From Dh2,099
How being social media savvy can improve your well being
Next time when procastinating online remember that you can save thousands on paying for a personal trainer and a gym membership simply by watching YouTube videos and keeping up with the latest health tips and trends.
As social media apps are becoming more and more consumed by health experts and nutritionists who are using it to awareness and encourage patients to engage in physical activity.
Elizabeth Watson, a personal trainer from Stay Fit gym in Abu Dhabi suggests that “individuals can use social media as a means of keeping fit, there are a lot of great exercises you can do and train from experts at home just by watching videos on YouTube”.
Norlyn Torrena, a clinical nutritionist from Burjeel Hospital advises her clients to be more technologically active “most of my clients are so engaged with their phones that I advise them to download applications that offer health related services”.
Torrena said that “most people believe that dieting and keeping fit is boring”.
However, by using social media apps keeping fit means that people are “modern and are kept up to date with the latest heath tips and trends”.
“It can be a guide to a healthy lifestyle and exercise if used in the correct way, so I really encourage my clients to download health applications” said Mrs Torrena.
People can also connect with each other and exchange “tips and notes, it’s extremely healthy and fun”.
The President's Cake
Director: Hasan Hadi
Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem
Rating: 4/5
Blackpink World Tour [Born Pink] In Cinemas
Starring: Rose, Jisoo, Jennie, Lisa
Directors: Min Geun, Oh Yoon-Dong
Rating: 3/5
Dubai Bling season three
Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed
Rating: 1/5
Sholto Byrnes on Myanmar politics
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%3Cp%3E%3Cstrong%3ECreator%3A%3C%2Fstrong%3E%20Ramez%20Galal%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Ramez%20Galal%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStreaming%20on%3A%20%3C%2Fstrong%3EMBC%20Shahid%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E2.5%2F5%3C%2Fp%3E%0A
The specs
Price, base / as tested Dh960,000
Engine 3.9L twin-turbo V8
Transmission Seven-speed dual-clutch automatic
Power 661hp @8,000rpm
Torque 760Nm @ 3,000rpm
Fuel economy, combined 11.4L / 100k
