Coroebus, ridden by William Buick, on their way to winning the St James’s Palace Stakes at Royal Ascot on June 14, 2022. PA
Coroebus, ridden by William Buick, on their way to winning the St James’s Palace Stakes at Royal Ascot on June 14, 2022. PA
Coroebus, ridden by William Buick, on their way to winning the St James’s Palace Stakes at Royal Ascot on June 14, 2022. PA
Coroebus, ridden by William Buick, on their way to winning the St James’s Palace Stakes at Royal Ascot on June 14, 2022. PA

Godolphin bid for Group 1 double in France and Germany


Amith Passela
  • English
  • Arabic

Godolphin bid for a Group 1 double with Coroebus and Rebel’s Romance lining up at two venues on Sunday.

The 2000 Guineas hero Coroebus goes in the Prix Jacques le Marois at Deauville, France and Rebel’s Romance in the Grosser Preis von Berlin, at Hoppegarten, Germany on Sunday.

Coroebus followed up his classic success by taking the St James’s Palace Stakes and lines up against two other Royal Ascot Group 1 winners, the Prince Of Wales’s Stakes winner Inspiral and the Coronation Stakes heroin State Of Rest as his main rivals in a hotly anticipated clash over the mile distance.

The Charlie Appleby-trained Coroebus beat stablemate and Irish 2000 Guineas winner Native Trail in the 2,000 Guineas at Newmarket before a battling head success in the St James’s Palace Stakes at Royal Ascot.

The homebred Dubawi colt faces older opposition for the first time having bypassed the Group 1 Sussex Stakes at Glorious Goodwood with a slight setback.

“Coroebus goes to Deauville in good order. We had the setback that ruled him out of Goodwood but he is over that and worked well last week,” Appleby told godolphin.com.

“All of his runs before Royal Ascot were over the straight mile at Newmarket and I think he is more comfortable racing over a straight course, which we get here.

“He is an exciting three year old, who has won both his starts this season, and we are very confident that he can keep his unbeaten record for the year intact.”

Rebel’s Romance, meanwhile, will be bidding for a third straight win on turf as he tackles Group 1 company for the first time.

The 2021 Group 2 UAE Derby winner runs over a mile-and-a-half for Appleby following two impressive wins over stablemate Kemari in a Newmarket Listed race in June and the Group 3 Glorious Stakes at Goodwood in July.

“This is a big step up for Rebel’s Romance but he brings a nice progressive profile into the race, having won both his turf starts,” Appleby said of the four-year-old son of Dubawi.

“We felt this was a nice opportunity to test the waters at this level and we are confident that he won’t disgrace himself.”

 

 

The Buckingham Murders

Starring: Kareena Kapoor Khan, Ash Tandon, Prabhleen Sandhu

Director: Hansal Mehta

Rating: 4 / 5

AI traffic lights to ease congestion at seven points to Sheikh Zayed bin Sultan Street

The seven points are:

Shakhbout bin Sultan Street

Dhafeer Street

Hadbat Al Ghubainah Street (outbound)

Salama bint Butti Street

Al Dhafra Street

Rabdan Street

Umm Yifina Street exit (inbound)

COMPANY%20PROFILE
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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

Two-step truce

The UN-brokered ceasefire deal for Hodeidah will be implemented in two stages, with the first to be completed before the New Year begins, according to the Arab Coalition supporting the Yemeni government.

By midnight on December 31, the Houthi rebels will have to withdraw from the ports of Hodeidah, Ras Issa and Al Saqef, coalition officials told The National. 

The second stage will be the complete withdrawal of all pro-government forces and rebels from Hodeidah city, to be completed by midnight on January 7.

The process is to be overseen by a Redeployment Co-ordination Committee (RCC) comprising UN monitors and representatives of the government and the rebels.

The agreement also calls the deployment of UN-supervised neutral forces in the city and the establishment of humanitarian corridors to ensure distribution of aid across the country.

What are the influencer academy modules?
  1. Mastery of audio-visual content creation. 
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Barbie
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Fixtures

Wednesday

4.15pm: Japan v Spain (Group A)

5.30pm: UAE v Italy (Group A)

6.45pm: Russia v Mexico (Group B)

8pm: Iran v Egypt (Group B)

Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

Leaderboard

15 under: Paul Casey (ENG)

-14: Robert MacIntyre (SCO)

-13 Brandon Stone (SA)

-10 Laurie Canter (ENG) , Sergio Garcia (ESP)

-9 Kalle Samooja (FIN)

-8 Thomas Detry (BEL), Justin Harding (SA), Justin Rose (ENG)

Men from Barca's class of 99

Crystal Palace - Frank de Boer

Everton - Ronald Koeman

Manchester City - Pep Guardiola

Manchester United - Jose Mourinho

Southampton - Mauricio Pellegrino

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

Updated: August 13, 2022, 11:07 AM