Fernando Jara steers Rajee to victory from Pharitz Oubai, partly hidden, at Al Ain on Saturday. Courtesy Cedric Lane/ERA
Fernando Jara steers Rajee to victory from Pharitz Oubai, partly hidden, at Al Ain on Saturday. Courtesy Cedric Lane/ERA
Fernando Jara steers Rajee to victory from Pharitz Oubai, partly hidden, at Al Ain on Saturday. Courtesy Cedric Lane/ERA
Fernando Jara steers Rajee to victory from Pharitz Oubai, partly hidden, at Al Ain on Saturday. Courtesy Cedric Lane/ERA

Fernando Jara secures superb treble at Al Ain


Amith Passela
  • English
  • Arabic

RESULTS

5pm Wathba Stallions Cup Maiden (PA) Dh70,000 (Dirt) 1,400m

Winner Munfared, Fernando Jara (jockey), Ahmed Al Mehairbi (trainer)

5.30pm Handicap (PA) Dh70,000 (D) 1,600m

Winner Sawt Assalam, Szczepan Mazur, Ibrahim Al Hadhrami

6pm Maiden (PA) Dh70,000 (D) 1,800m

Winner Dergham Athbah, Pat Dobbs, Mohamed Daggash

6.30pm Handicap (PA) Dh70,000 (D) 1,800m

Winner Rajee, Fernando Jara, Majed Al Jahouri

7pm Conditions (PA) Dh80,000 (D) 1,800m

Winner Kerless Del Roc, Fernando Jara, Ahmed Al Mehairbi

7.30pm Handicap (TB) Dh70,000 (D) 2,000m

Winner Pharoah King, Pat Dobbs, Doug Watson

8pm Conditions (PA) Dh85,000 (D) 2,000m

Winner Sauternes Al Maury, Dane O’Neill, Doug Watson

Fernando Jara set the Al Ain racetrack ablaze with a splendid treble for two different trainers – Ahmed Al Mehairbi and Majed Al Jahouri – on Saturday.

The Panamanian jockey won the opener on Munfared and then took the fifth race on Kerless Del Roc, both in the silks of Al Rahmani Racing for Al Mehairi.

In-between he brought home Al Jahouri’s Rajee in the colours of Sheikh Mansour bin Zayed’s Yas Racing.

Rajee was third time lucky on the track. He was third on his local debut and runner up in his next start, both at Al Ain, before unplaced in the last two starts at Abu Dhabi and Sharjah.

“He seems to like it at Al Ain,” Al Jahouri said of the four-year-old Munjiz colt. “He ran a couple of good races in his first two local starts on the track, so we were hopeful.

“He was beaten in a stronger race at Abu Dhabi and wasn’t disgraced when finishing sixth in his last start at Sharjah. He’s a young horse and will progress with more experience.”

Jara was naturally delighted with the night’s work after riding three winners and a second in Al Mehairbi’s Ullias, also in the silks of Al Rahmani Racing.

“It isn’t easy to ride three winners at a meeting and obviously very happy with the evening’s work,” the jockey, best remembered for riding Sheikh Hamdan bin Rashid’s Invasor to victory in the 2007 Dubai World Cup, said.

“All credit goes to the two trainers. I only had to do the finishing job. They were well prepared and all three of them were very convincing winners on the night.”

Doug Watson also completed a double on the night. His stable jockey Pat Dobbs steered Pharoah King to victory in the handicap for thoroughbreds and Dane O’Neill took the concluding handicap for the Purebred Arabian atop Sauternes Al Maury.

Dobbs was also completing a double after taking the third race on Mohamed Daggash’s Dergham Athbah in a photo from Jara on board Ullias.

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Director: Elie Semaan

Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla

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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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As a UAE-based travel agent who processes tourist visas from the Philippines, Jennifer Pacia Gado is fielding a lot of calls from concerned travellers just now. And they are all asking the same question.  

“My clients are mostly Filipinos, and they [all want to know] about good conduct certificates,” says the 34-year-old Filipina, who has lived in the UAE for five years.

Ms Gado contacted the Philippines Embassy to get more information on the certificate so she can share it with her clients. She says many are worried about the process and associated costs – which could be as high as Dh500 to obtain and attest a good conduct certificate from the Philippines for jobseekers already living in the UAE. 

“They are worried about this because when they arrive here without the NBI [National Bureau of Investigation] clearance, it is a hassle because it takes time,” she says.

“They need to go first to the embassy to apply for the application of the NBI clearance. After that they have go to the police station [in the UAE] for the fingerprints. And then they will apply for the special power of attorney so that someone can finish the process in the Philippines. So it is a long process and more expensive if you are doing it from here.”

RESULTS

5pm Wathba Stallions Cup Maiden (PA) Dh70,000 (Dirt) 1,400m

Winner Munfared, Fernando Jara (jockey), Ahmed Al Mehairbi (trainer)

5.30pm Handicap (PA) Dh70,000 (D) 1,600m

Winner Sawt Assalam, Szczepan Mazur, Ibrahim Al Hadhrami

6pm Maiden (PA) Dh70,000 (D) 1,800m

Winner Dergham Athbah, Pat Dobbs, Mohamed Daggash

6.30pm Handicap (PA) Dh70,000 (D) 1,800m

Winner Rajee, Fernando Jara, Majed Al Jahouri

7pm Conditions (PA) Dh80,000 (D) 1,800m

Winner Kerless Del Roc, Fernando Jara, Ahmed Al Mehairbi

7.30pm Handicap (TB) Dh70,000 (D) 2,000m

Winner Pharoah King, Pat Dobbs, Doug Watson

8pm Conditions (PA) Dh85,000 (D) 2,000m

Winner Sauternes Al Maury, Dane O’Neill, Doug Watson