Tunisia's Ahmed Jaouadi after winning his 800m freestyle heat at Paris La Defense Arena on July 29, 2024. Getty Images
Tunisia's Ahmed Jaouadi after winning his 800m freestyle heat at Paris La Defense Arena on July 29, 2024. Getty Images
Tunisia's Ahmed Jaouadi after winning his 800m freestyle heat at Paris La Defense Arena on July 29, 2024. Getty Images
Tunisia's Ahmed Jaouadi after winning his 800m freestyle heat at Paris La Defense Arena on July 29, 2024. Getty Images

Tunisian swimmer Ahmed Jaouadi seals 800m freestyle final spot in style at Paris Olympics


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Tunisian teenager Ahmed Jaouadi produced a sensational performance on Monday to secure his spot in the 800m freestyle final at Paris La Defense Arena.

The 19-year-old won his heat in 7:42.07, smashing his personal best by three seconds and recording the second-fastest time going into Tuesday's final.

Only Ireland's Daniel Wiffen posted a quicker time across the heats – at 7:41.53 which was just .25 off Mykhailo Romanchuk's Olympic record – and Jaouadi, who trains in France, will have his eyes on a podium finish despite going into the competition as No 10 seed.

But he will also be up against Italy's three-time Olympic medallist Gregorio Paltrinieri and reigning champion Bobby Finke of the US, who qualified third and fifth, respectively.

Jaouadi's latest performance continues a rapid upwards trajectory this year that has seen him consistently improve on his PB with his last time of 7:45.31 having only been clocked at the French Elite Championships in June.

Tunisia has a strong tradition in the distance freestyle events and Jaouad will be joining some of his country's most successful swimmers of all-time should he come home from Paris with a medal, most notably Ahmed Hafnaoui and Ous Mellouli who were both double world champions who secured three Olympic golds between them.

In boxing, there was disappointment for Jordan's Obada Al Kasbeh, who exited at the last-16 stage of the 63.5kg competition following a unanimous 5-0 defeat to home favourite Sofiane Oumiha.

Al Kasbeh, 29, qualified for this round by beating Ireland's Dean Clancy but was in deep with the slick Oumiha who is among the favourites for gold.

The Jordanian fighter looked to put the pressure on but was caught regularly and cleanly by the fleet-footed Oumiha who delighted in boxing off the back foot. Rounds one and two both ended in a 4-1 split in favour of Oumiha who was then able to skirt the outside of the ring and stay out of trouble as Al Kasbeh looked to turn the tables in the third.

A packed crowd at the North Paris Arena in Seine-Saint-Denis cheered every time Oumiha landed and roared him to a decisive victory.

The Frenchman, also 29, will face Hungary's Richard Kovacs in the next round after he defeated Harry Garside of Australia earlier in the day. Should Oumiha make it to the semi-finals, he could meet the exciting Uzbekistani fighter Ruslan Abdullaev, who also posted an emphatic win in his opening bout.

Meanwhile, Al Kasbeh's teammate Hussein Ishaish will make his Paris 2024 debut on Tuesday when he enters the 80kg competition at the last-16 stage.

Ishaish was given a bye in the first round and will take on Croatia's Gabrijel Veocic for a place in the quarter-finals.

Hussein's younger brother Zeyad has already produced perhaps the biggest shock of the boxing tournament so far when he upset gold medal favourite Aslanbek Shymbergenov from Kazakhstan in the 71kg category.

Zeyad Ishaish, 25, will now face Japan's Sewon Okazawa, the 2021 world gold medal winner at welterweight, for a place in the quarter-finals on Wednesday.

Should he get that far then he will meet either Lewis Richardson of Team GB or Serbia's Vakhid Abbasov.

Ishaish and Okazawa have met three times previously with the Japanese fighter leading the head-to-head 2-1. He won their first fight five years ago but Ishaish has improved markedly since then. Their two most recent bouts were shared one win apiece and both settled by split decision.

Egypt's Mohamed Hamza saw his medal bid in the men's individual foil ended at the quarter-final stage by Italy's Filippo Macchi.

Hamza had already posted two impressive victories over Poland's Jan Jurkiewicz and then Carlos Llavador of Spain to raise hopes of a podium finish in Paris.

But ultimately Macchi proved too strong as he wrapped up a 15-9 win to reach the last four.

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

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Updated: July 30, 2024, 7:08 AM