• Tom Cruise abseiled from the roof of the Stade de France at the closing ceremony of the Paris Olympics. AFP
    Tom Cruise abseiled from the roof of the Stade de France at the closing ceremony of the Paris Olympics. AFP
  • Cruise was then handed the Olympic flag by Karen Bass, mayor of Los Angeles, where the next Games will be held in 2028. AFP
    Cruise was then handed the Olympic flag by Karen Bass, mayor of Los Angeles, where the next Games will be held in 2028. AFP
  • The actor affixed the flag to a motorbike before footage of him racing to LA was shown. Getty Images
    The actor affixed the flag to a motorbike before footage of him racing to LA was shown. Getty Images
  • It was one of the most spectacular stunts in Olympic history. Getty Images
    It was one of the most spectacular stunts in Olympic history. Getty Images

Paris basks in glory of successful Olympics and spectacular closing ceremony


Sunniva Rose
  • English
  • Arabic

The Paris 2024 Olympic Games are over and France is basking in the glory of its success in hosting them amid spectacular historic landmarks with no major glitches.

Organisers enjoyed an "I told you so" moment after naysayers were proven wrong and France was gripped at the last-minute by the excitement of the Games, as its athletes broke previous medal records.

"For two weeks, the air was lighter," said President Emmanuel Macron on Monday in a speech at the Elysee Palace.

"Everyone told us we couldn't do it. Thank you, you did it," he said, speaking to representatives of those who worked on the Olympics, including police officers, medical staff and firefighters.

Paris 2024 President Tony Estanguet described his job as a "marathon against the pessimists and all those who predicted a catastrophe".

"The Games were even better than imagined," he said in a radio interview.

Sweaty but happy, crowds walked out of the Stade de France, the main Olympic stadium, on Sunday evening after a spectacular closing ceremony, still high from the excitement of dancing the night away with 9,000 athletes.

The handover to Los Angeles 2028 was embodied by the dramatic appearance of Hollywood superstar Tom Cruise, who abseiled into the stadium.

  • Actor Tom Cruise carries the Olympic flag during the closing ceremony of the Paris 2024 Summer Games. Reuters
    Actor Tom Cruise carries the Olympic flag during the closing ceremony of the Paris 2024 Summer Games. Reuters
  • A fireworks display during the closing ceremony at Stade de France. Getty images
    A fireworks display during the closing ceremony at Stade de France. Getty images
  • Cruise was part of the star-studded event. AFP
    Cruise was part of the star-studded event. AFP
  • The actor left the stadium with the Olympic flag on a motorbike. AFP
    The actor left the stadium with the Olympic flag on a motorbike. AFP
  • Dancers perform during the event at Stade de France. Getty Images
    Dancers perform during the event at Stade de France. Getty Images
  • American singer Her sang the USA's national anthem. Getty Images
    American singer Her sang the USA's national anthem. Getty Images
  • French singer-songwriter Yseult was one of the performers of the night. AFP
    French singer-songwriter Yseult was one of the performers of the night. AFP
  • International Olympic Committee president Thomas Bach, left, and World Athletics president Sebastian Coe presented the medals for the women's marathon. AFP
    International Olympic Committee president Thomas Bach, left, and World Athletics president Sebastian Coe presented the medals for the women's marathon. AFP
  • Athletes arrive for the closing ceremony. PA
    Athletes arrive for the closing ceremony. PA
  • French President Emmanuel Macron was also in attendance. EPA
    French President Emmanuel Macron was also in attendance. EPA
  • French athletes pass one of their host down the line at the ceremony. Reuters
    French athletes pass one of their host down the line at the ceremony. Reuters
  • Women's marathon gold medallist, Sifan Hassan from Netherlands. AFP
    Women's marathon gold medallist, Sifan Hassan from Netherlands. AFP
  • Flagbearers parade at the ceremony. AP
    Flagbearers parade at the ceremony. AP
  • Angolan canoeist Benilson Sanda at the ceremony. AFP
    Angolan canoeist Benilson Sanda at the ceremony. AFP
  • French athletes bid farewell to the rest of the world. Reuters
    French athletes bid farewell to the rest of the world. Reuters
  • Nigerian athletes at the closing ceremony. AFP
    Nigerian athletes at the closing ceremony. AFP
  • Saudi athletes join in the festivities. EPA
    Saudi athletes join in the festivities. EPA
  • India's flagbearers, shooter Manu Bhaker, right, and field hockey player Sreejesh Parattu Raveendran, at the closing ceremony. Reuters
    India's flagbearers, shooter Manu Bhaker, right, and field hockey player Sreejesh Parattu Raveendran, at the closing ceremony. Reuters
  • China's contingent of athletes enters the arena. Reuters
    China's contingent of athletes enters the arena. Reuters
  • Canada's athletes celebrate. AFP
    Canada's athletes celebrate. AFP
  • A huge Stade de France crowd watches as the athletes parade. Reuters
    A huge Stade de France crowd watches as the athletes parade. Reuters
  • French singer Zaho de Sagazan performs Under the Paris Sky at the ceremony. Getty Images
    French singer Zaho de Sagazan performs Under the Paris Sky at the ceremony. Getty Images
  • The athletes gather in the stadium for the closing ceremony. Reuters
    The athletes gather in the stadium for the closing ceremony. Reuters
  • The Japanese contingent waves to the crowds. AP
    The Japanese contingent waves to the crowds. AP
  • Team Algeria joins the celebrations. Getty Images
    Team Algeria joins the celebrations. Getty Images
  • French swimmer Leon Marchand carries the Olympic flame. Getty Images
    French swimmer Leon Marchand carries the Olympic flame. Getty Images
  • Athletes enter the stadium en masse, instead of being separated by countries for the closing ceremony. AFP
    Athletes enter the stadium en masse, instead of being separated by countries for the closing ceremony. AFP
  • A performance by an orchestra at the event. Reuters
    A performance by an orchestra at the event. Reuters
  • Sharon Van Rouwendaal from the Netherlands won a gold medal for the swimming marathon. AFP
    Sharon Van Rouwendaal from the Netherlands won a gold medal for the swimming marathon. AFP
  • Saudi athletes at the event. AFP
    Saudi athletes at the event. AFP
  • President Macron and his wife Brigitte were among the spectators of the ceremony. PA
    President Macron and his wife Brigitte were among the spectators of the ceremony. PA

The Mission Impossible actor landed right beside people sitting in the front row, including Jeremy, 37, and his mother Therese, 68.

Their T-shirts drenched in sweat and a smile plastered on their faces, Jeremy and Therese walked in the hot summer night towards the nearest metro station, where volunteers greeted the crowd with placards that read "thank you" and "see you soon".

"It was one big party. It felt good," said Jeremy. Their front-row seats meant they were able to mingle with athletes as they celebrated their wins under the eyes of 80,000 spectators and about 9.5 million television viewers.

An image of French swimmer Leon Marchand is projected on to a Paris building as the fireworks of the Olympic closing ceremony are seen blasting out of the Stade de France. Getty Images
An image of French swimmer Leon Marchand is projected on to a Paris building as the fireworks of the Olympic closing ceremony are seen blasting out of the Stade de France. Getty Images

The reputation of Paris, already one of the world's most popular destinations, has been further enhanced abroad.

"I’ve been here a couple days and haven’t seen so many beautiful things in my entire life,’ said Edmund Sin, 27, from New York.

There was beach volleyball in front of the Eiffel Tower, fencing and taekwondo under the glass vaults of the Grand Palais and an enchanting golden hot-air balloon carrying the Olympic flame hovering above the Tuileries Gardens every night.

All the competitions scheduled to take place in the Seine river went ahead despite concerns over its polluted water after a clean-up effort that cost €1.4 billion ($1.53 billion).

Hosting successful mass sporting events in places designed for vastly different purposes hundreds of years ago was a feat that was saluted around the world.

"The Olympics needed a reset. Merci Paris for providing it," wrote The Washington Post. Meanwhile, The Telegraph described the Games as "sumptuous, seductive and laced with scandal".

There were some glitches but not enough to derail the Games. A few hours before the opening ceremony, part of the railway network was hit by sabotage, raising fears of security attacks. It was quickly fixed.

France was thrilled by the open-air opening ceremony along the Seine despite some complaints in conservative circles over apparent disrespect of Christian biblical scenes. This interpretation was rejected by organisers who said they wanted to celebrate diversity.

International Olympic Committee president Thomas Bach, left, and president of the Paris 2024 Olympics and Paralympics Organising Committee Tony Estanguet during the closing ceremony. AFP
International Olympic Committee president Thomas Bach, left, and president of the Paris 2024 Olympics and Paralympics Organising Committee Tony Estanguet during the closing ceremony. AFP

Algerian boxer Imane Khelif became embroiled in a gender eligibility controversy and filed a harassment complaint in France. Her gold medal and her wide smile at the closing ceremony trumped the bitterness caused by the row. Fans outside the stadium said they were proud of her.

"She has been the target of racists, transphobes and Islamophobes," said Nabil, 22, who came without a ticket to the closing ceremony to enjoy the atmosphere, wearing an Algeria football shirt. "She's a source of pride for Algeria."

Many hope France will be gripped by similar excitement for the Paralympics, which will run from August 28-September 8.

Yet sales have been slow, with more than a million tickets – roughly half the total – left unsold. Mr Estanguet said on Monday that momentum was picking up and tickets were selling five times faster than before the Olympic Games started.

But there is a creeping feeling that the best part of the party has come to a close. "It feels weird to think these Olympic Games are over," added Mr Estanguet.

Company%20profile
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Other workplace saving schemes
  • The UAE government announced a retirement savings plan for private and free zone sector employees in 2023.
  • Dubai’s savings retirement scheme for foreign employees working in the emirate’s government and public sector came into effect in 2022.
  • National Bonds unveiled a Golden Pension Scheme in 2022 to help private-sector foreign employees with their financial planning.
  • In April 2021, Hayah Insurance unveiled a workplace savings plan to help UAE employees save for their retirement.
  • Lunate, an Abu Dhabi-based investment manager, has launched a fund that will allow UAE private companies to offer employees investment returns on end-of-service benefits.
The biogs

Name: Zinah Madi

Occupation: Co-founder of Dots and links

Nationality: Syrian

Family: Married, Mother of Tala, 18, Sharif, 14, Kareem, 2

Favourite Quote: “There is only one way to succeed in anything, and that is to give it everything.”

 

Name: Razan Nabulsi

Occupation: Co-founder of Dots and Links

Nationality: Jordanian

Family: Married, Mother of Yahya, 3.5

Favourite Quote: A Chinese proverb that says: “Be not afraid of moving slowly, be afraid only of standing still.”

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

Who are the Soroptimists?

The first Soroptimists club was founded in Oakland, California in 1921. The name comes from the Latin word soror which means sister, combined with optima, meaning the best.

The organisation said its name is best interpreted as ‘the best for women’.

Since then the group has grown exponentially around the world and is officially affiliated with the United Nations. The organisation also counts Queen Mathilde of Belgium among its ranks.

The specs
Engine: 2.0-litre 4-cyl turbo

Power: 201hp at 5,200rpm

Torque: 320Nm at 1,750-4,000rpm

Transmission: 6-speed auto

Fuel consumption: 8.7L/100km

Price: Dh133,900

On sale: now 

David Haye record

Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4

hall of shame

SUNDERLAND 2002-03

No one has ended a Premier League season quite like Sunderland. They lost each of their final 15 games, taking no points after January. They ended up with 19 in total, sacking managers Peter Reid and Howard Wilkinson and losing 3-1 to Charlton when they scored three own goals in eight minutes.

SUNDERLAND 2005-06

Until Derby came along, Sunderland’s total of 15 points was the Premier League’s record low. They made it until May and their final home game before winning at the Stadium of Light while they lost a joint record 29 of their 38 league games.

HUDDERSFIELD 2018-19

Joined Derby as the only team to be relegated in March. No striker scored until January, while only two players got more assists than goalkeeper Jonas Lossl. The mid-season appointment Jan Siewert was to end his time as Huddersfield manager with a 5.3 per cent win rate.

ASTON VILLA 2015-16

Perhaps the most inexplicably bad season, considering they signed Idrissa Gueye and Adama Traore and still only got 17 points. Villa won their first league game, but none of the next 19. They ended an abominable campaign by taking one point from the last 39 available.

FULHAM 2018-19

Terrible in different ways. Fulham’s total of 26 points is not among the lowest ever but they contrived to get relegated after spending over £100 million (Dh457m) in the transfer market. Much of it went on defenders but they only kept two clean sheets in their first 33 games.

LA LIGA: Sporting Gijon, 13 points in 1997-98.

BUNDESLIGA: Tasmania Berlin, 10 points in 1965-66

NO OTHER LAND

Director: Basel Adra, Yuval Abraham, Rachel Szor, Hamdan Ballal

Stars: Basel Adra, Yuval Abraham

Rating: 3.5/5

Wicked: For Good

Director: Jon M Chu

Starring: Ariana Grande, Cynthia Erivo, Jonathan Bailey, Jeff Goldblum, Michelle Yeoh, Ethan Slater

Rating: 4/5

PROFILE BOX

Company name: Overwrite.ai

Founder: Ayman Alashkar

Started: Established in 2020

Based: Dubai International Financial Centre, Dubai

Sector: PropTech

Initial investment: Self-funded by founder

Funding stage: Seed funding, in talks with angel investors

HAEMOGLOBIN DISORDERS EXPLAINED

Thalassaemia is part of a family of genetic conditions affecting the blood known as haemoglobin disorders.

Haemoglobin is a substance in the red blood cells that carries oxygen and a lack of it triggers anemia, leaving patients very weak, short of breath and pale.

The most severe type of the condition is typically inherited when both parents are carriers. Those patients often require regular blood transfusions - about 450 of the UAE's 2,000 thalassaemia patients - though frequent transfusions can lead to too much iron in the body and heart and liver problems.

The condition mainly affects people of Mediterranean, South Asian, South-East Asian and Middle Eastern origin. Saudi Arabia recorded 45,892 cases of carriers between 2004 and 2014.

A World Health Organisation study estimated that globally there are at least 950,000 'new carrier couples' every year and annually there are 1.33 million at-risk pregnancies.

The bio

Favourite book: The Alchemist by Paulo Coelho

Favourite travel destination: Maldives and south of France

Favourite pastime: Family and friends, meditation, discovering new cuisines

Favourite Movie: Joker (2019). I didn’t like it while I was watching it but then afterwards I loved it. I loved the psychology behind it.

Favourite Author: My father for sure

Favourite Artist: Damien Hurst

Test

Director: S Sashikanth

Cast: Nayanthara, Siddharth, Meera Jasmine, R Madhavan

Star rating: 2/5

The biog

Name: Mohammed Imtiaz

From: Gujranwala, Pakistan

Arrived in the UAE: 1976

Favourite clothes to make: Suit

Cost of a hand-made suit: From Dh550

 

Pakistanis%20at%20the%20ILT20%20
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Desert Warrior

Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

The specs: 2018 Kia Picanto

Price: From Dh39,500

Engine: 1.2L inline four-cylinder

Transmission: Four-speed auto

Power: 86hp @ 6,000rpm

Torque: 122Nm @ 4,000rpm

Fuel economy, combined: 6.0L / 100km

The biog

Favourite books: 'Ruth Bader Ginsburg: A Life' by Jane D. Mathews and ‘The Moment of Lift’ by Melinda Gates

Favourite travel destination: Greece, a blend of ancient history and captivating nature. It always has given me a sense of joy, endless possibilities, positive energy and wonderful people that make you feel at home.

Favourite pastime: travelling and experiencing different cultures across the globe.

Favourite quote: “In the future, there will be no female leaders. There will just be leaders” - Sheryl Sandberg, COO of Facebook.

Favourite Movie: Mona Lisa Smile 

Favourite Author: Kahlil Gibran

Favourite Artist: Meryl Streep

TOP%2010%20MOST%20POLLUTED%20CITIES
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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

Play-off fixtures

Two-legged ties to be played November 9-11 and November 12-14

 

  • Northern Ireland v Switzerland
  • Croatia v Greece
  • Denmark v Ireland
  • Sweden v Italy
COMPANY%20PROFILE%20
%3Cp%3EName%3A%20DarDoc%3Cbr%3EBased%3A%20Abu%20Dhabi%3Cbr%3EFounders%3A%20Samer%20Masri%2C%20Keswin%20Suresh%3Cbr%3ESector%3A%20HealthTech%3Cbr%3ETotal%20funding%3A%20%24800%2C000%3Cbr%3EInvestors%3A%20Flat6Labs%2C%20angel%20investors%20%2B%20Incubated%20by%20Hub71%2C%20Abu%20Dhabi's%20Department%20of%20Health%3Cbr%3ENumber%20of%20employees%3A%2010%3C%2Fp%3E%0A
Updated: August 13, 2024, 3:21 AM