Higgins enjoys his home comforts



GLASGOW // The double world champion John Higgins delighted his watching family and Scottish snooker fans by winning his first ranking event in Scotland when beating Welshman Ryan Day 9-7 in the final of the Royal London Watches Grand Prix. Higgins, who lives in Wishaw, just 14 miles away from the Glasgow Exhibition Centre, where the event was held for the first time, captured his first ranking title since winning the world championship for the second time at the Crucible Theatre, Sheffield, 17 months ago.

Reward for the 33-year-old Scot was a cheque for £75,000 (Dh477,447). When asked what gives him the hunger for more success, Higgins insisted he is not ready to sit back on his laurels. "I suppose in a way, it's vanity. A few years ago people talked about the big four of myself, Ronnie O'Sullivan, Stephen Hendry and Mark Williams. "Now there are a lot of great new players and people say the big four are Ronnie, Mark Selby, Stephen Maguire and Shaun Murphy.

"I still think I'm good enough to be in that group and I hope people will think of me that way now. It's not nice when you fall away and people don't expect you to win titles any more. "I'm still only playing well in patches but winning one of the big events should give me the confidence to go on and play better. My aim now is to go and win another one." Day was down 7-2 at one stage but bounced back to 7-6 and then 8-7. Higgins, though, had that huge five-frame cushion to protect and in the end it became too big a handicap for the Welshman to wipe out.

Defeat for the 28-year-old from Pontycymmer was his third in a ranking event final, though a £35,000 runner-up prize and a leap to third place in the latest provisional world rankings provided some form of consolation. Higgins had a miserable 2007/08 campaign by his standards, failing to reach a ranking event semi-final. He even admitted that his Crucible triumph in May 2007 had simply "papered over the cracks" of a loss of form stretching back nearly three years.

He stood precariously in 14th place in the provisional rankings going into this season and conceded that his first priority was to ensure top-16 status. // World Cuo @Email:sports@thenational.ae

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Nayanthara: Beyond The Fairy Tale

Starring: Nayanthara, Vignesh Shivan, Radhika Sarathkumar, Nagarjuna Akkineni

Director: Amith Krishnan

Rating: 3.5/5

Iran's dirty tricks to dodge sanctions

There’s increased scrutiny on the tricks being used to keep commodities flowing to and from blacklisted countries. Here’s a description of how some work.

1 Going Dark

A common method to transport Iranian oil with stealth is to turn off the Automatic Identification System, an electronic device that pinpoints a ship’s location. Known as going dark, a vessel flicks the switch before berthing and typically reappears days later, masking the location of its load or discharge port.

2. Ship-to-Ship Transfers

A first vessel will take its clandestine cargo away from the country in question before transferring it to a waiting ship, all of this happening out of sight. The vessels will then sail in different directions. For about a third of Iranian exports, more than one tanker typically handles a load before it’s delivered to its final destination, analysts say.

3. Fake Destinations

Signaling the wrong destination to load or unload is another technique. Ships that intend to take cargo from Iran may indicate their loading ports in sanction-free places like Iraq. Ships can keep changing their destinations and end up not berthing at any of them.

4. Rebranded Barrels

Iranian barrels can also be rebranded as oil from a nation free from sanctions such as Iraq. The countries share fields along their border and the crude has similar characteristics. Oil from these deposits can be trucked out to another port and documents forged to hide Iran as the origin.

* Bloomberg

Business Insights
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From Zero

Artist: Linkin Park

Label: Warner Records

Number of tracks: 11

Rating: 4/5

UAE SQUAD

Khalid Essa, Ali Khaseif, Fahad Al Dhanhani, Adel Al Hosani, Bandar Al Ahbabi, Mohammad Barghash, Salem Rashid, Khalifa Al Hammadi, Shaheen Abdulrahman, Hassan Al Mahrami, Walid Abbas, Mahmoud Khamis, Yousef Jaber, Majed Sorour, Majed Hassan, Ali Salmeen, Abdullah Ramadan, Abdullah Al Naqbi, Khalil Al Hammadi, Fabio De Lima, Khalfan Mubarak, Tahnoon Al Zaabi, Ali Saleh, Caio Canedo, Ali Mabkhout, Sebastian Tagliabue, Zayed Al Ameri

COMPANY PROFILE
Name: HyperSpace
 
Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
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COMPANY%20PROFILE
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Globalization and its Discontents Revisited
Joseph E. Stiglitz
W. W. Norton & Company

Business Insights
  • As per the document, there are six filing options, including choosing to report on a realisation basis and transitional rules for pre-tax period gains or losses. 
  • SMEs with revenue below Dh3 million per annum can opt for transitional relief until 2026, treating them as having no taxable income. 
  • Larger entities have specific provisions for asset and liability movements, business restructuring, and handling foreign permanent establishments.

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