• The Aquatics Centre in Saint Denis, near Paris, will host artistic swimming, diving and water polo competitions during the Paris 2024 Olympic Games. AFP
    The Aquatics Centre in Saint Denis, near Paris, will host artistic swimming, diving and water polo competitions during the Paris 2024 Olympic Games. AFP
  • The Aquatics Centre for the Paris Olympics has a capacity of 5,000. Reuters
    The Aquatics Centre for the Paris Olympics has a capacity of 5,000. Reuters
  • The Eiffel Tower Stadium and the Champ de Mars Arena venues getting ready to host the Paris 2024 Olympic and Paralympic Games. Reuters
    The Eiffel Tower Stadium and the Champ de Mars Arena venues getting ready to host the Paris 2024 Olympic and Paralympic Games. Reuters
  • The Eiffel Tower Stadium will host beach volleyball at the Paris Olympics. AFP
    The Eiffel Tower Stadium will host beach volleyball at the Paris Olympics. AFP
  • The Marina Nautical base in Marseille, southern France. AFP
    The Marina Nautical base in Marseille, southern France. AFP
  • The Yves-du-Manoir Stadium will host field hockey matches at the 2024 Paris Olympics. AFP
    The Yves-du-Manoir Stadium will host field hockey matches at the 2024 Paris Olympics. AFP
  • The new Yves-du-Manoir Stadium in Colombes, near Paris. AFP
    The new Yves-du-Manoir Stadium in Colombes, near Paris. AFP
  • The Aquatic Centre and Stade de France. AFP
    The Aquatic Centre and Stade de France. AFP
  • The Porte de la Chapelle Arena will host badminton and rhythmic gymnastics at the Paris Games. Reuters
    The Porte de la Chapelle Arena will host badminton and rhythmic gymnastics at the Paris Games. Reuters
  • The Stade de France will host athletics, rugby sevens and the closing ceremony. Getty Images
    The Stade de France will host athletics, rugby sevens and the closing ceremony. Getty Images
  • The Parc des Princes Stadium will host football matches at the 2024 Paris Olympics. AFP
    The Parc des Princes Stadium will host football matches at the 2024 Paris Olympics. AFP
  • Stade Velodrome in Marseille is one of the football venues for the Paris Olympics. Reuters
    Stade Velodrome in Marseille is one of the football venues for the Paris Olympics. Reuters
  • Nice Stadium will host some of the football matches during the Paris 2024 Olympics. AFP
    Nice Stadium will host some of the football matches during the Paris 2024 Olympics. AFP
  • The Geoffroy Guichard Stadium in Saint-Etienne will host some football games. AFP
    The Geoffroy Guichard Stadium in Saint-Etienne will host some football games. AFP
  • The Groupama Stadium in Lyon will host football games at the Paris Games. PA
    The Groupama Stadium in Lyon will host football games at the Paris Games. PA
  • The iconic Roland Garros will host tennis and boxing events during the Olympic Games. Getty Images
    The iconic Roland Garros will host tennis and boxing events during the Olympic Games. Getty Images
  • Cycling, marathon swimming and triathlon events will take place at and around Pont Alexandre III. Getty Images
    Cycling, marathon swimming and triathlon events will take place at and around Pont Alexandre III. Getty Images
  • The Saint-Quentin Velodrome will host cycling events at the 2024 Olympics. AFP
    The Saint-Quentin Velodrome will host cycling events at the 2024 Olympics. AFP
  • The Saint-Quentin Velodrome complex will host cycling and BMX events at the Olympics. AFP
    The Saint-Quentin Velodrome complex will host cycling and BMX events at the Olympics. AFP
  • The Paris La Defense Arena will have swimming and water polo events at the Games. AFP
    The Paris La Defense Arena will have swimming and water polo events at the Games. AFP
  • Badminton and rhythmic gymnastics events will be held at the Porte de la Chapelle Arena. Getty Images
    Badminton and rhythmic gymnastics events will be held at the Porte de la Chapelle Arena. Getty Images

Paris 2024 Olympics venues: Capacity, events and schedule


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The best athletes on the planet will congregate in France this summer to take part in the biggest carnival of sports in the world – the Olympic Games.

And just like the previous Games, this year's Olympics, which take place in July-August, will feel the impact of elements beyond the sporting arena.

The Tokyo Olympics was held in the shadows of a global pandemic. This time, it is the unrest due to heightened terrorism threats and ongoing wars in Ukraine and Gaza that is having an impact on Europe and the Games in particular.

The hope is that it will be an incident-free Paris Olympics, remembered for the right reasons, especially when it comes to planning and efficiency.

The cost of hosting any Olympic Games is regularly questioned, given that it routinely spirals out of control. But this time, only two new permanent venues have been built for Paris 2024 to make the event cost-effective.

Almost all events are set to take place at existing venues or in front of temporary stands. For example, beach volleyball will be played in front of the Eiffel Tower, archery at the Invalides monument, skateboarding is set to place at Place de la Concorde, and the Chateau de Versailles will host the equestrian events.

In all, around 200,000 seats are being installed at the temporary venues.

There are other significant moves afoot. Athletics is set to become the first sport to offer prize money to Olympic champions. The 48 gold medallists in Paris this year will earn $50,000 each, ending a 128-year tradition.

World Athletics president Sebastian Coe said there had been no discussion with the International Olympic Committee, but stated that his organisation had informed the IOC about the $2.4 million prize pot.

As we count down to the start of the Paris Games – on July 24 with the opening ceremony two days later – here is what you can expect.

Paris Olympics 2024 venues

Aquatics Centre

Events: Water polo, diving, artistic swimming; Capacity: 5,000

Bercy Arena

Events: Artistic gymnastics, basketball, trampoline; Capacity: 15,000

Champ de Mars Arena

Events: Judo, wrestling; Capacity: 9,000

Chateau de Versailles

Events: Equestrian, pentathlon; Capacity: 80,000

Chateauroux Shooting Centre

Events: Shooting; Capacity: 3,000

Eiffel Tower Stadium

Events: Beach volleyball; Capacity: 12,000

Elancourt Hill

Events: Cycling mountain bike; Capacity: 25,000

Bordeaux Stadium

Events: Football; Capacity: 42,000

La Beaujoire Stadium (Nantes)

Events: Football; Capacity: 35,000

Geoffroy-Guichard Stadium (St Etienne)

Events: Football; Capacity: 42,000

Parc des Princes

Events: Football; Capacity: 50,000

Lyon Stadium

Events: Football; Capacity: 60,000

Marseille Stadium (Stade Velodrome)

Events: Football; Capacity: 68,000

Nice Stadium (Stade de Nice)

Events: Football; Capacity: 35,000

Grand Palais

Events: Fencing, taekwondo; Capacity: 8,000

Hotel de Ville

Events: Marathon

Invalides

Events: Archery, marathon, cycling; Capacity: 8,000

Parc Urbain La Concorde

Events: 3x3 basketball, breakdancing, BMX, skateboarding; Capacity: 30,000

Le Bourget

Events: Sport Climbing; Capacity: 5,000

Le Golf National

Events: Golf; Capacity: 35,000

Marseille Marina

Events: Sailing; Capacity: 5,000

North Paris Arena

Events: Boxing, pentathlon; Capacity: 6,000

Paris La Defense Arena

Events: Swimming, water polo; Capacity: 15,000

Pierre Mauroy Stadium

Events: Basketball, handball; Capacity: 26,000

Pont Alexandre III

Events: Cycling, marathon swimming, triathlon; Capacity: 1,000

Porte de la Chapelle Arena

Events: Badminton, rhythmic gymnastics; Capacity: 8,000

Roland Garros

Events: Tennis, boxing; Capacity: 36,000

Saint-Quentin Velodrome

Events: Cycling, BMX; Capacity: 5,000

South Paris Arena

Events: Handball, weightlifting, table tennis, volleyball; Capacity: 6,000

Stade de France

Events: Athletics, rugby sevens, closing ceremony; Capacity: 77,000

Tahiti

Events: Surfing; Capacity: 5,000

Trocadero

Events: Athletics, road cycling; Capacity: 13,000

Vaires-sur-Marne Nautical Stadium

Events: Canoe, rowing; Capacity: 22,000

Yves-du-Manoir Stadium

Events: Hockey; Capacity: 15,000

Events

The 2024 Olympics will feature 329 events in 33 sports, including the 28 "core" Olympic events. Breakdancing is set to make its Olympic debut as an optional sport, while skateboarding, sport climbing, and surfing return from the 2020 Tokyo roster.

How to watch Olympic Games in the UAE

The 2024 Paris Olympics will be shown on beIN Sports in the UAE and Mena region.

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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

UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

Ten10 Cricket League

Venue and schedule Sharjah Cricket Stadium, December 14 to 17

Teams

Maratha Arabians Leading player: Virender Sehwag; Top picks: Mohammed Amir, Imad Wasim; UAE players: Shaiman Anwar, Zahoor Khan

Bengal Lions Leading player: Sarfraz Ahmed; Top picks: Sunil Narine, Mustafizur Rahman; UAE players: Mohammed Naveed, Rameez Shahzad

Kerala Kings Leading player: Eoin Morgan; Top picks: Kieron Pollard, Sohail Tanvir; UAE players: Rohan Mustafa, Imran Haider

Pakhtoons Leading player: Shahid Afridi; Top picks: Fakhar Zaman, Tamim Iqbal; UAE players: Amjad Javed, Saqlain Haider

Punjabi Legends Leading player: Shoaib Malik; Top picks: Hasan Ali, Chris Jordan; UAE players: Ghulam Shabber, Shareef Asadullah

Team Sri Lanka Cricket Will be made up of Colombo players who won island’s domestic limited-overs competition

Classification of skills

A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation. 

A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.

The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000. 

Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

Jetour T1 specs

Engine: 2-litre turbocharged

Power: 254hp

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Price: From Dh126,000

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The finalists

Player of the Century, 2001-2020: Cristiano Ronaldo (Juventus), Lionel Messi (Barcelona), Mohamed Salah (Liverpool), Ronaldinho

Coach of the Century, 2001-2020: Pep Guardiola (Manchester City), Jose Mourinho (Tottenham Hotspur), Zinedine Zidane (Real Madrid), Sir Alex Ferguson

Club of the Century, 2001-2020: Al Ahly (Egypt), Bayern Munich (Germany), Barcelona (Spain), Real Madrid (Spain)

Player of the Year: Cristiano Ronaldo, Lionel Messi, Robert Lewandowski (Bayern Munich)

Club of the Year: Bayern Munich, Liverpool, Real Madrid

Coach of the Year: Gian Piero Gasperini (Atalanta), Hans-Dieter Flick (Bayern Munich), Jurgen Klopp (Liverpool)

Agent of the Century, 2001-2020: Giovanni Branchini, Jorge Mendes, Mino Raiola

Mica

Director: Ismael Ferroukhi

Stars: Zakaria Inan, Sabrina Ouazani

3 stars

Company profile

Name:​ One Good Thing ​

Founders:​ Bridgett Lau and Micheal Cooke​

Based in:​ Dubai​​ 

Sector:​ e-commerce​

Size: 5​ employees

Stage: ​Looking for seed funding

Investors:​ ​Self-funded and seeking external investors

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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.

The past Palme d'Or winners

2018 Shoplifters, Hirokazu Kore-eda

2017 The Square, Ruben Ostlund

2016 I, Daniel Blake, Ken Loach

2015 DheepanJacques Audiard

2014 Winter Sleep (Kış Uykusu), Nuri Bilge Ceylan

2013 Blue is the Warmest Colour (La Vie d'Adèle: Chapitres 1 et 2), Abdellatif Kechiche, Adele Exarchopoulos and Lea Seydoux

2012 Amour, Michael Haneke

2011 The Tree of LifeTerrence Malick

2010 Uncle Boonmee Who Can Recall His Past Lives (Lung Bunmi Raluek Chat), Apichatpong Weerasethakul

2009 The White Ribbon (Eine deutsche Kindergeschichte), Michael Haneke

2008 The Class (Entre les murs), Laurent Cantet

PRESIDENTS CUP

Draw for Presidents Cup fourball matches on Thursday (Internationals first mention). All times UAE:

02.32am (Thursday): Marc Leishman/Joaquin Niemann v Tiger Woods/Justin Thomas
02.47am (Thursday): Adam Hadwin/Im Sung-jae v Xander Schauffele/Patrick Cantlay
03.02am (Thursday): Adam Scott/An Byeong-hun v Bryson DeChambeau/Tony Finau
03.17am (Thursday): Hideki Matsuyama/CT Pan v Webb Simpson/Patrick Reed
03.32am (Thursday): Abraham Ancer/Louis Oosthuizen v Dustin Johnson/Gary Woodland

UAE SQUAD

Ali Khaseif, Mohammed Al Shamsi, Fahad Al Dhanhani, Khalid Essa, Bandar Al Ahbabi, Salem Rashid, Shaheen Abdulrahman, Khalifa Al Hammadi, Mohammed Al Attas, Walid Abbas, Hassan Al Mahrami, Mahmoud Khamis, Alhassan Saleh, Ali Salmeen, Yahia Nader, Abdullah Ramadan, Majed Hassan, Abdullah Al Naqbi, Fabio De Lima, Khalil Al Hammadi, Khalfan Mubarak, Tahnoun Al Zaabi, Muhammed Jumah, Yahya Al Ghassani, Caio Canedo, Ali Mabkhout, Sebastian Tagliabue, Zayed Al Ameri

THE SPECS

      

 

Engine: 1.5-litre

 

Transmission: 6-speed automatic

 

Power: 110 horsepower 

 

Torque: 147Nm 

 

Price: From Dh59,700 

 

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Labour dispute

The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


- Abdullah Ishnaneh, Partner, BSA Law 

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The specs: 2018 Nissan 370Z Nismo

The specs: 2018 Nissan 370Z Nismo
Price, base / as tested: Dh182,178
Engine: 3.7-litre V6
Power: 350hp @ 7,400rpm
Torque: 374Nm @ 5,200rpm
Transmission: Seven-speed automatic
​​​​​​​Fuel consumption, combined: 10.5L / 100km

Updated: May 02, 2024, 8:27 AM