• Fireworks fill the sky after Brisbane was named host of the 2032 Olympics.
    Fireworks fill the sky after Brisbane was named host of the 2032 Olympics.
  • President of the International Olympic Committee Thomas Bach announces Brisbane as the 2032 Summer Olympics host city during the 138th IOC Session in Tokyo.
    President of the International Olympic Committee Thomas Bach announces Brisbane as the 2032 Summer Olympics host city during the 138th IOC Session in Tokyo.
  • Members of the Brisbane 2032 delegation (L-R) Queensland Premier Annastacia Palaszczuk, Mayor of Brisbane, Adrian Schrinner, and John Coates head of the Australian Olympic Committee celebrate after Brisbane was awarded the 2032 Summer Olympics.
    Members of the Brisbane 2032 delegation (L-R) Queensland Premier Annastacia Palaszczuk, Mayor of Brisbane, Adrian Schrinner, and John Coates head of the Australian Olympic Committee celebrate after Brisbane was awarded the 2032 Summer Olympics.
  • Spectators celebrate after Brisbane was named host of the 2032 Olympics.
    Spectators celebrate after Brisbane was named host of the 2032 Olympics.
  • Fireworks light the sky after Brisbane's victory.
    Fireworks light the sky after Brisbane's victory.
  • A view of the stage area the announcement of the host city for the 2032 Olympic Games in Brisbane.
    A view of the stage area the announcement of the host city for the 2032 Olympic Games in Brisbane.

Australia's Brisbane to host 2032 Olympic Games


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Brisbane was awarded the 2032 Olympics on Wednesday, becoming the third Australian city to host the Summer Games after Melbourne and Sydney.

"The International Olympic Committee has the honour to announce that the Games of the 35th Olympiad are awarded to Brisbane, Australia," IOC president Thomas Bach said after a vote in Tokyo.

The announcement was greeted by cheers from the Brisbane delegates at the IOC session and fireworks were set off in the Australian city, where people had gathered to await the vote.

Brisbane's victory was a foregone conclusion after it was unanimously proposed as the single candidate for 2032 by the IOC's 15-strong executive board in June.

The decision means the IOC has now secured hosts for the next three Summer Olympics, with Paris holding the event in 2024 and Los Angeles holding the 2028 Games.

“It’s a historic day not just for Brisbane and Queensland, but for the entire country,” said Australian Prime Minister Scott Morrison.

“Only global cities can secure the Olympic Games – so this is fitting recognition for Brisbane’s standing across our region and the world.

“It also marks an important leap forward for Australia as we look toward major events that lock in economic growth and social benefits that will echo for years to come.

“We know the impact on Sydney more than two decades ago was transformative. We can now expect a repeat for Brisbane and communities across Queensland.

“It’s a proud day for Queenslanders and Australians everywhere.”

Australia has already hosted the Olympics twice, in Melbourne in 1956 and Sydney in 2000, widely considered one of the most successful Games in recent history.

Queensland's delegation — including Premier Annastacia Palaszczuk, Brisbane Lord Mayor Adrian Schrinner and federal sports minister Richard Colbeck — had to restrain themselves to standing and clapping with Covid-19 restrictions ruling out any close-contact celebrations.

"I have so much pride in my state for our people. Never in my lifetime did I think this was going to happen. It’s amazing," Palaszczuk said.

Tokyo Organising Committee of the Olympic and Paralympic Games president Hashimoto Seiko congratulated Brisbane on its winning bid.

"My heartfelt congratulations go to the people of Brisbane and Australia," he said.

"Over the past year, the world's sporting community has faced the multiple challenges of Covid-19; however, under the steadfast leadership of IOC president Thomas Bach, the Olympic movement has made steady progress, culminating in today's decision in favour of Brisbane."

The opening ceremony for the 2020 Tokyo Games, delayed a year by the coronavirus pandemic, starts Friday.


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UAE currency: the story behind the money in your pockets
EMERGENCY PHONE NUMBERS

Estijaba – 8001717 –  number to call to request coronavirus testing

Ministry of Health and Prevention – 80011111

Dubai Health Authority – 800342 – The number to book a free video or voice consultation with a doctor or connect to a local health centre

Emirates airline – 600555555

Etihad Airways – 600555666

Ambulance – 998

Knowledge and Human Development Authority – 8005432 ext. 4 for Covid-19 queries

The drill

Recharge as needed, says Mat Dryden: “We try to make it a rule that every two to three months, even if it’s for four days, we get away, get some time together, recharge, refresh.” The couple take an hour a day to check into their businesses and that’s it.

Stick to the schedule, says Mike Addo: “We have an entire wall known as ‘The Lab,’ covered with colour-coded Post-it notes dedicated to our joint weekly planner, content board, marketing strategy, trends, ideas and upcoming meetings.”

Be a team, suggests Addo: “When training together, you have to trust in each other’s abilities. Otherwise working out together very quickly becomes one person training the other.”

Pull your weight, says Thuymi Do: “To do what we do, there definitely can be no lazy member of the team.” 

Specs

Engine: 51.5kW electric motor

Range: 400km

Power: 134bhp

Torque: 175Nm

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Set-jetting on the Emerald Isle

Other shows filmed in Ireland include: Vikings (County Wicklow), The Fall (Belfast), Line of Duty (Belfast), Penny Dreadful (Dublin), Ripper Street (Dublin), Krypton (Belfast)

FIXTURES

Monday, January 28
Iran v Japan, Hazza bin Zayed Stadium (6pm)

Tuesday, January 29
UAEv Qatar, Mohamed Bin Zayed Stadium (6pm)

Friday, February 1
Final, Zayed Sports City Stadium (6pm)

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Ferrari 12Cilindri specs

Engine: naturally aspirated 6.5-liter V12

Power: 819hp

Torque: 678Nm at 7,250rpm

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UAE currency: the story behind the money in your pockets
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House-hunting

Top 10 locations for inquiries from US house hunters, according to Rightmove

  1. Edinburgh, Scotland 
  2. Westminster, London 
  3. Camden, London 
  4. Glasgow, Scotland 
  5. Islington, London 
  6. Kensington and Chelsea, London 
  7. Highlands, Scotland 
  8. Argyll and Bute, Scotland 
  9. Fife, Scotland 
  10. Tower Hamlets, London 

 

As it stands in Pool A

1. Japan - Played 3, Won 3, Points 14

2. Ireland - Played 3, Won 2, Lost 1, Points 11

3. Scotland - Played 2, Won 1, Lost 1, Points 5

Remaining fixtures

Scotland v Russia – Wednesday, 11.15am

Ireland v Samoa – Saturday, 2.45pm

Japan v Scotland – Sunday, 2.45pm

Hotel Silence
Auður Ava Ólafsdóttir
Pushkin Press

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

Lexus LX700h specs

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Torque: 790Nm from 2,000-3,600rpm

Transmission: 10-speed auto

Fuel consumption: 11.7L/100km

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The specs: Fenyr SuperSport

Price, base: Dh5.1 million

Engine: 3.8-litre twin-turbo flat-six

Transmission: Seven-speed automatic

Power: 800hp @ 7,100pm

Torque: 980Nm @ 4,000rpm

Fuel economy, combined: 13.5L / 100km

Manchester City transfers:

OUTS
Pablo Zabaleta, Bacary Sagna, Gael Clichy, Willy Caballero and Jesus Navas (all released)

INS
Ederson (Benfica) £34.7m, Bernardo Silva (Monaco) £43m 

ON THEIR WAY OUT?
Joe Hart, Eliaquim Mangala, Samir Nasri, Wilfried Bony, Fabian Delph, Nolito and Kelechi Iheanacho

ON THEIR WAY IN?
Dani Alves (Juventus), Alexis Sanchez (Arsenal)
 

Updated: July 21, 2021, 5:35 PM