Spain secured a record fourth European Championship crown after a late goal from substitute Mikel Oyarzabal earned them a 2-1 win over England in Berlin on Sunday.
Two of the stars of the tournament combined to give Spain the lead just after half-time when teenager Lamine Yamal supplied the pass to Nico Williams who finished in style.
Dani Olmo and Lamal both went close to doubling Spain's advantage before England levelled against the run of play, when Jude Bellingham laid the ball off to substitute Cole Palmer on the edge of the penalty area and the Chelsea player produced a beautiful low finish into the bottom corner.
With the game seemingly heading for extra time, Spain grabbed the winner with four minutes to go when left-back Marc Cucurella sent over a superb cross that Oyarzabal prodded home, narrowly avoiding an offside call.
The win meant Spain moved ahead of Germany with both countries having sealed three titles going into the match. The tournament also saw Luis de la Fuente's side win all seven of their matches in the tournament – also a record.
For Gareth Southgate's England, the agonising wait for a second major tournament victory goes on after losing their second European Championship final in succession.
“It's hard to put into words how we're all feeling right now,” said captain Harry Kane, who was taken off with half an hour left in the match.
“Tough game. We did well to get back into the game and struggled to build on that. To concede late on is really tough to take.
“We've been coming from behind all tournament, we've got it in the locker. We didn't take the next step and win it.
“In the first half, we struggled. We couldn't keep the ball. Second half was better and we got the goal. We got caught with a cross and that's the final.
“It's an opportunity missed. These finals aren't easy to get to. You have to take it when it comes and we haven't done it again. It's extremely painful and it'll hurt for a long time.”
After a cagey opening 45 minutes of few chances, the game exploded into life just after half-time when Spain took the lead at the Olympiastadion, despite having lost the services of key midfielder Rodri to injury during the break.
A ball from right-back Dani Carvajal found Yamal, the teenager then cut inside in what has become a familiar sight in Germany before rolling the ball to teammate and close friend Williams, who steered the ball past Jordan Pickford.
It was Yamal's fourth assist of a wonderful tournament for the Barcelona winger, who turned 17 on Saturday, supplying Williams, who had celebrated his 22nd birthday 24 hours earlier.
It was almost 2-0 minutes later with England's defence now being torn apart with Dani Olmo missing the opportunity of taking over as the tournament's top scorer with four goals by shooting wide.
England keeper Pickford was then needed to deny Yamal a goal not long after the disappointing Kane had been hooked by Southgate in favour of semi-final hero Ollie Watkins.
But it was to be another England substitute who would drag his team back into the match when Palmer levelled with a finish from about 22 yards out – low and hard beyond Simon after being teed-up by Bellingham.
Spain, though, were not to be denied and deservedly grabbed the winner when Cucurella – who has enjoyed a super finals at left-back – sent a low cross into the middle for Oyarzabal to score.
There was still time for England to nearly score again only for Simon to save Declan Rice's header then Olmo to clear a Marc Guehi header off the line from the same corner.
“We've competed until the very end of the final,” said Southgate after what could well be his final match after eight years in charge.
"Spain were the best team in the tournament. We didn’t keep the ball well enough. We were in it until the last 10 minutes. I’m devastated for everyone. We have just fallen a little short.
“We had a little bit of momentum in the game at that point [when Palmer equalised]. There’s a big chance at the end to equalise too but across the 90 minutes, I’m not sure we did enough.
“Spain press well and you have to keep the ball when you win it back. In the end, that’s the bit that takes more out of your legs.
“I think the players will take enormous credit for getting us to where we did but when you’re as close as that, you have to take your chances. They have represented the shirt with pride and haven’t been beaten until the very end. I just think tonight Spain had more control of the game.”
Spain, meanwhile, were left to bask in the glory of a first Euro title for 12 years.
“We are so happy. We deserved this,” said player-of-the-match Williams. “This is for our fans and our parents, who have supported us throughout.”
“This is the best [birthday] gift I could have asked for,” added Yamal. “It is a dream come true.”
Match ratings
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SPAIN RATINGS: A great night for Basques and not just Spaniards. Far quieter than his opposite number as Spain had 63 per cent of possession and six shots on target to England’s three as a Spanish side won their 27th consecutive final in club and national team football. Spain now sit alone with four European championship titles and Simon, beaten by a deflection for the goal, pushed away Rice’s header in the 90th minute to help their cause. AP -

Back in the side after being suspended for the semi-final, the 32 year old Real Madrid man crossed well and was involved in the opening goal, but was also robbed by his teammate Bellingham, which led to one England chance. AP -

Recalled after serving his suspension, the Real Sociedad man couldn’t get his foot around a 13th-minute ball close to England’s goal. Excellent in the air. PA -

A comfortable evening against an unfit-looking Kane. More touches than any player on the pitch – and a higher passing accuracy, too, for a team that won all seven tournament games. EPA -

Booed again by the Germans in the crowd, but he crossed beautifully to set up Oyarzabal’s winner. EPA -

Juan Mata said of him: ‘In Rodri’s position there is no other like him. He gives options to everyone and he gives the forward players the security not to look back. He is amazing.’ Quite – and yet Spain initially improved after he went off injured and went ahead. Then England equalised. Rightly congratulated by a gracious Gareth Southgate afterwards. AP -

Spain’s surprise performer in the tournament for the bold side that dominated possession, pressed and had individual skills. His half-volley went over after 70 minutes. AP -

Great chance after 49 minutes from near the penalty spot. Smart first touch, then he dragged the ball wide. He also cleared a 90th-minute Guehi effort off the line. Getty Images -

Work cut out against Shaw, though he did get behind him in the build-up to Spain’s 47th-minute opener, passing to Williams. On the day after his 17th birthday, he missed a clear 83rd-minute chance. Also had a 66th-minute shot saved by the diving Pickford. Getty Images -

Man of the match. Man of the tournament for many. An early danger, one of the stars of Euro 2024 saw an effort well blocked by Stones. Put his side ahead after being set up by Yamal. AFP -

Spain’s captain dropped deeper to get the ball, making him less of a threat, though he got behind Guehi to shoot wide on 55, a minute after a 20-yard shot was blocked. Getty Images -

SUBS: (On for Rodri, 46') Spain’s subs again showed their importance. Won the ball from Palmer on 82, which led to an attack and almost a goal. Reuters -

(On for Morata, 68') He’ll forever be remembered as the man who got the winner in a European final, sliding an 86th-minute cross past Pickford from six yards out. Only had eight touches, but two of them were shots on target. Getty Images -

(On for Le Normand, 83') EPA -

(On for Yamal, 89') AP -

ENGLAND RATINGS: A couple of good saves from Yamal to keep his side in it. His distribution was poor, though. He sprayed long balls that handed Spain possession when England needed it most. EPA -

After a bright start, his worst performance of the tournament. Won a couple of foot races to show he hasn’t lost his pace but was all at sea for Williams’ opener and out of position for Spain’s winner. Getty Images -

A monster at the heart of defence. Time and again he rescued his team. Threaded passes forward and carried the ball into midfield as he does for Man City. Unlucky to have played Oyazabal onside. Got better and better as the tournament progressed as he shook off the rust from his injury. AP -

Good positioning and reading of the game. Made several excellent blocks and played some probing passes. Had a header cleared off the line by Olmo late on as he raided forward in search of an equaliser. Should be a fixture in England's defence for years to come. EPA -

Barring one mistake, he was superb given he was returning from a long spell out. Just one lapse against Yamal in the lead-up to Spain’s opener but, that’s all it takes against a top-quality team. Showed what England were have been missing on the left-hand side. PA -

A disappointing game. Sloppy with his passing when his team needed to keep possession. Good steal from Williams as he broke into the box. Forced a good save from Simon at the death. AFP -

Looked a little overrun and overawed at times. Had to concentrate mostly on defensive duties. Beautiful tackle to dispossess Olmo on the edge of the area. Lovely quick feet under pressure in one attack. Misplaced a few passes, which his side could ill afford. His time will come. AP -

Lively and sharp. Excellent pass to slip Walker free into the box. Fantastic work in setting up Palmer’s goal. One of England’s best players again. AFP -

Not his best game but showed flashes. Did well to set up Kane just before half time. Brilliant turn and strike on the edge of the area. Careless passing at times but laid on a lovely cushioned pass for Palmer to score. Looked tired. EPA -

Despite being given licence to roam, he didn’t have the impact he did against the Netherlands as Spain denied him space. Lovely layoff to Bellingham. Really inventive snap shot at the back post from a free kick just before the break. AFP -

Maybe the end of the line for England’s record goal scorer at major tournaments – in the starting XI, at least. Far too static yet again. A poor tournament despite his three goals. The only possible excuse is that he was carrying an injury, in which case, why was he starting? AP -

SUBS: (On for Kane, 60’) What a difference he made with his running and energy up front. He unsettled the Spain defence and gave his side options. A poor touch when put in by Bellingham at the end meant he couldn't repeat his semi-final heroics. Getty Images -

(On for Mainoo, 69’) The lad is a game-changer. Alongside Watkins, he galvanised England. The finish for his goal was sheer quality. Should have had more time on the pitch during the tournament. Getty Images -

(On for Foden, 89’) PA
Retirement funds heavily invested in equities at a risky time
Pension funds in growing economies in Asia, Latin America and the Middle East have a sharply higher percentage of assets parked in stocks, just at a time when trade tensions threaten to derail markets.
Retirement money managers in 14 geographies now allocate 40 per cent of their assets to equities, an 8 percentage-point climb over the past five years, according to a Mercer survey released last week that canvassed government, corporate and mandatory pension funds with almost $5 trillion in assets under management. That compares with about 25 per cent for pension funds in Europe.
The escalating trade spat between the US and China has heightened fears that stocks are ripe for a downturn. With tensions mounting and outcomes driven more by politics than economics, the S&P 500 Index will be on course for a “full-scale bear market” without Federal Reserve interest-rate cuts, Citigroup’s global macro strategy team said earlier this week.
The increased allocation to equities by growth-market pension funds has come at the expense of fixed-income investments, which declined 11 percentage points over the five years, according to the survey.
Hong Kong funds have the highest exposure to equities at 66 per cent, although that’s been relatively stable over the period. Japan’s equity allocation jumped 13 percentage points while South Korea’s increased 8 percentage points.
The money managers are also directing a higher portion of their funds to assets outside of their home countries. On average, foreign stocks now account for 49 per cent of respondents’ equity investments, 4 percentage points higher than five years ago, while foreign fixed-income exposure climbed 7 percentage points to 23 per cent. Funds in Japan, South Korea, Malaysia and Taiwan are among those seeking greater diversification in stocks and fixed income.
• Bloomberg
MATCH INFO
Manchester United 6 (McTominay 2', 3'; Fernandes 20', 70' pen; Lindelof 37'; James 65')
Leeds United 2 (Cooper 41'; Dallas 73')
Man of the match: Scott McTominay (Manchester United)
Tips for job-seekers
- Do not submit your application through the Easy Apply button on LinkedIn. Employers receive between 600 and 800 replies for each job advert on the platform. If you are the right fit for a job, connect to a relevant person in the company on LinkedIn and send them a direct message.
- Make sure you are an exact fit for the job advertised. If you are an HR manager with five years’ experience in retail and the job requires a similar candidate with five years’ experience in consumer, you should apply. But if you have no experience in HR, do not apply for the job.
David Mackenzie, founder of recruitment agency Mackenzie Jones Middle East
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Director: Sudha Kongara Prasad
Starring: Akshay Kumar, Radhika Madan, Paresh Rawal
Rating: 2/5
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Cheryl Thompson: Stop the practice of blackface that's as Canadian as hockey
Kareem Shaheen: Alghabra outshines the racists who malign him
Kareem Shaheen: In Canada, I have finally found a home
'Shakuntala Devi'
Starring: Vidya Balan, Sanya Malhotra
Director: Anu Menon
Rating: Three out of five stars
What can victims do?
Always use only regulated platforms
Stop all transactions and communication on suspicion
Save all evidence (screenshots, chat logs, transaction IDs)
Report to local authorities
Warn others to prevent further harm
Courtesy: Crystal Intelligence
From exhibitions to the battlefield
In 2016, the Shaded Dome was awarded with the 'De Vernufteling' people's choice award, an annual prize by the Dutch Association of Consulting Engineers and the Royal Netherlands Society of Engineers for the most innovative project by a Dutch engineering firm.
It was assigned by the Dutch Ministry of Defence to modify the Shaded Dome to make it suitable for ballistic protection. Royal HaskoningDHV, one of the companies which designed the dome, is an independent international engineering and project management consultancy, leading the way in sustainable development and innovation.
It is driving positive change through innovation and technology, helping use resources more efficiently.
It aims to minimise the impact on the environment by leading by example in its projects in sustainable development and innovation, to become part of the solution to a more sustainable society now and into the future.
Honeymoonish
The specs
- Engine: 3.9-litre twin-turbo V8
- Power: 640hp
- Torque: 760nm
- On sale: 2026
- Price: Not announced yet
PAST 10 BRITISH GRAND PRIX WINNERS
2016 - Lewis Hamilton (Mercedes-GP)
2015 - Lewis Hamilton (Mercedes-GP)
2014 - Lewis Hamilton (Mercedes-GP)
2013 - Nico Rosberg (Mercedes-GP)
2012 - Mark Webber (Red Bull Racing)
2011 - Fernando Alonso (Ferrari)
2010 - Mark Webber (Red Bull Racing)
2009 - Sebastian Vettel (Red Bull Racing)
2008 - Lewis Hamilton (McLaren)
2007 - Kimi Raikkonen (Ferrari)
Who was Alfred Nobel?
The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.
- In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
- Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
- Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
Jebel Ali Dragons 26 Bahrain 23
Dragons
Tries: Hayes, Richards, Cooper
Cons: Love
Pens: Love 3
Bahrain
Tries: Kenny, Crombie, Tantoh
Cons: Phillips
Pens: Phillips 2
MATCH INFO
Uefa Champions League, last 16, first leg
Ajax v Real Madrid, midnight (Thursday), BeIN Sports
Freezer tips
- Always make sure food is completely cool before freezing.
- If you’re cooking in large batches, divide into either family-sized or individual portions to freeze.
- Ensure the food is well wrapped in foil or cling film. Even better, store in fully sealable, labelled containers or zip-lock freezer bags.
- The easiest and safest way to defrost items such as the stews and sauces mentioned is to do so in the fridge for several hours or overnight.
More on Quran memorisation:
Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
COMPANY%20PROFILE
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”.
Generation Start-up: Awok company profile
Started: 2013
Founder: Ulugbek Yuldashev
Sector: e-commerce
Size: 600 plus
Stage: still in talks with VCs
Principal Investors: self-financed by founder
SPEC%20SHEET%3A%20APPLE%20IPAD%20PRO%20(12.9%22%2C%202022)
What is blockchain?
Blockchain is a form of distributed ledger technology, a digital system in which data is recorded across multiple places at the same time. Unlike traditional databases, DLTs have no central administrator or centralised data storage. They are transparent because the data is visible and, because they are automatically replicated and impossible to be tampered with, they are secure.
The main difference between blockchain and other forms of DLT is the way data is stored as ‘blocks’ – new transactions are added to the existing ‘chain’ of past transactions, hence the name ‘blockchain’. It is impossible to delete or modify information on the chain due to the replication of blocks across various locations.
Blockchain is mostly associated with cryptocurrency Bitcoin. Due to the inability to tamper with transactions, advocates say this makes the currency more secure and safer than traditional systems. It is maintained by a network of people referred to as ‘miners’, who receive rewards for solving complex mathematical equations that enable transactions to go through.
However, one of the major problems that has come to light has been the presence of illicit material buried in the Bitcoin blockchain, linking it to the dark web.
Other blockchain platforms can offer things like smart contracts, which are automatically implemented when specific conditions from all interested parties are reached, cutting the time involved and the risk of mistakes. Another use could be storing medical records, as patients can be confident their information cannot be changed. The technology can also be used in supply chains, voting and has the potential to used for storing property records.
Picture of Joumblatt and Hariri breaking bread sets Twitter alight
Mr Joumblatt’s pessimism regarding the Lebanese political situation didn’t stop him from enjoying a cheerful dinner on Tuesday with several politicians including Mr Hariri.
Caretaker Culture Minister Ghattas Khoury tweeted a picture of the group sitting around a table at a discrete fish restaurant in Beirut’s upscale Sodeco area.
Mr Joumblatt told The National that the fish served at Kelly’s Fish lounge had been very good.
“They really enjoyed their time”, remembers the restaurant owner. “Mr Hariri was taking selfies with everybody”.
Mr Hariri and Mr Joumblatt often have dinner together to discuss recent political developments.
Mr Joumblatt was a close ally of Mr Hariri’s assassinated father, former prime minister Rafik Hariri. The pair were leading figures in the political grouping against the 15-year Syrian occupation of Lebanon that ended after mass protests in 2005 in the wake of Rafik Hariri’s murder. After the younger Hariri took over his father’s mantle in 2004, the relationship with Mr Joumblatt endured.
However, the pair have not always been so close. In the run-up to the election last year, Messrs Hariri and Joumblatt went months without speaking over an argument regarding the new proportional electoral law to be used for the first time. Mr Joumblatt worried that a proportional system, which Mr Hariri backed, would see the influence of his small sect diminished.
With so much of Lebanese politics agreed in late-night meetings behind closed doors, the media and pundits put significant weight on how regularly, where and with who senior politicians meet.
In the picture, alongside Messrs Khoury and Hariri were Mr Joumbatt and his wife Nora, PSP politician Wael Abou Faour and Egyptian ambassador to Lebanon Nazih el Nagari.
The picture of the dinner led to a flurry of excitement on Twitter that it signified an imminent government formation. “God willing, white smoke will rise soon and Walid Beik [a nickname for Walid Joumblatt] will accept to give up the minister of industry”, one user replied to the tweet. “Blessings to you…We would like you to form a cabinet”, wrote another.
The next few days will be crucial in determining whether these wishes come true.
The%20specs
More from Rashmee Roshan Lall
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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
On Women's Day
Shelina Janmohamed: Why shouldn't a spouse be compensated fairly for housework?
Samar Elmnhrawy: How companies in the Middle East can catch up on gender equality
The National Editorial: Is there much to celebrate on International Women's Day 2021?
Justin Thomas: Challenge the notion that 'men are from Mars, women are from Venus'
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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
In numbers
- Number of children under five will fall from 681 million in 2017 to 401m in 2100
- Over-80s will rise from 141m in 2017 to 866m in 2100
- Nigeria will become the world’s second most populous country with 791m by 2100, behind India
- China will fall dramatically from a peak of 2.4 billion in 2024 to 732 million by 2100
- an average of 2.1 children per woman is required to sustain population growth
Skewed figures
In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458.
PAKISTAN SQUAD
Abid Ali, Fakhar Zaman, Imam-ul-Haq, Shan Masood, Azhar Ali (test captain), Babar Azam (T20 captain), Asad Shafiq, Fawad Alam, Haider Ali, Iftikhar Ahmad, Khushdil Shah, Mohammad Hafeez, Shoaib Malik, Mohammad Rizwan (wicketkeeper), Sarfaraz Ahmed (wicketkeeper), Faheem Ashraf, Haris Rauf, Imran Khan, Mohammad Abbas, Mohammad Hasnain, Naseem Shah, Shaheen Afridi, Sohail Khan, Usman Shinwari, Wahab Riaz, Imad Wasim, Kashif Bhatti, Shadab Khan and Yasir Shah.
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Directed by: Shaka King
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Four stars
Paatal Lok season two
Directors: Avinash Arun, Prosit Roy
Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong
Rating: 4.5/5
Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
'Worse than a prison sentence'
Marie Byrne, a counsellor who volunteers at the UAE government's mental health crisis helpline, said the ordeal the crew had been through would take time to overcome.
“It was worse than a prison sentence, where at least someone can deal with a set amount of time incarcerated," she said.
“They were living in perpetual mystery as to how their futures would pan out, and what that would be.
“Because of coronavirus, the world is very different now to the one they left, that will also have an impact.
“It will not fully register until they are on dry land. Some have not seen their young children grow up while others will have to rebuild relationships.
“It will be a challenge mentally, and to find other work to support their families as they have been out of circulation for so long. Hopefully they will get the care they need when they get home.”
Company%20profile
FIGHT CARD
Bantamweight Hamza Bougamza (MAR) v Jalal Al Daaja (JOR)
Catchweight 67kg Mohamed El Mesbahi (MAR) v Fouad Mesdari (ALG)
Lighweight Abdullah Mohammed Ali (UAE) v Abdelhak Amhidra (MAR)
Catchweight 73kg Mostafa Ibrahim Radi (PAL) v Yazid Chouchane (ALG)
Middleweight Yousri Belgaroui (TUN) v Badreddine Diani (MAR)
Catchweight 78kg Rashed Dawood (UAE) v Adnan Bushashy (ALG)
Middleweight Sallaheddine Dekhissi (MAR) v Abdel Emam (EGY)
Catchweight 65kg Rachid Hazoume (MAR) v Yanis Ghemmouri (ALG)
Lighweight Mohammed Yahya (UAE) v Azouz Anwar (EGY)
Catchweight 79kg Omar Hussein (PAL) v Souhil Tahiri (ALG)
Middleweight Tarek Suleiman (SYR) v Laid Zerhouni (ALG)
SPEC%20SHEET%3A%20APPLE%20M3%20MACBOOK%20AIR%20(13%22)
UAE%20SQUAD
Sholto Byrnes on Myanmar politics
Company%20profile
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
Overview
Cricket World Cup League Two: Nepal, Oman, United States tri-series, Tribhuvan University, Kathmandu
Fixtures
Wednesday February 5, Oman v Nepal
Thursday, February 6, Oman v United States
Saturday, February 8, United States v Nepal
Sunday, February 9, Oman v Nepal
Tuesday, February 11, Oman v United States
Wednesday, February 12, United States v Nepal
RESULTS
Men – semi-finals
57kg – Tak Chuen Suen (MAC) beat Phuong Xuan Nguyen (VIE) 29-28; Almaz Sarsembekov (KAZ) beat Zakaria Eljamari (UAE) by points 30-27.
67kg – Mohammed Mardi (UAE) beat Huong The Nguyen (VIE) by points 30-27; Narin Wonglakhon (THA) v Mojtaba Taravati Aram (IRI) by points 29-28.
60kg – Yerkanat Ospan (KAZ) beat Amir Hosein Kaviani (IRI) 30-27; Long Doan Nguyen (VIE) beat Ibrahim Bilal (UAE) 29-28
63.5kg – Abil Galiyev (KAZ) beat Truong Cao Phat (VIE) 30-27; Nouredine Samir (UAE) beat Norapat Khundam (THA) RSC round 3.
71kg – Shaker Al Tekreeti (IRQ) beat Fawzi Baltagi (LBN) 30-27; Amine El Moatassime (UAE) beat Man Kongsib (THA) 29-28
81kg – Ilyass Hbibali (UAE) beat Alexandr Tsarikov (KAZ) 29-28; Khaled Tarraf (LBN) beat Mustafa Al Tekreeti (IRQ) 30-27
86kg – Ali Takaloo (IRI) beat Mohammed Al Qahtani (KSA) RSC round 1; Emil Umayev (KAZ) beat Ahmad Bahman (UAE) TKO round
'My Son'
Director: Christian Carion
Starring: James McAvoy, Claire Foy, Tom Cullen, Gary Lewis
Rating: 2/5
Match info
Manchester United 0-0 Crystal Palace
Man of the match: Cheikhou Kouyate (Crystal Palace)
The specs: 2018 Maxus T60
Price, base / as tested: Dh48,000
Engine: 2.4-litre four-cylinder
Power: 136hp @ 1,600rpm
Torque: 360Nm @ 1,600 rpm
Transmission: Five-speed manual
Fuel consumption, combined: 9.1L / 100km



























