Saudi Arabia 'in discussion' to host Usyk v Joshua rematch, says promoter

Saudi Arabia is in contention to host the unified heavyweight world championship fight between Oleksandr Usyk and Anthony Joshua in June, the Ukrainian's promoter has said.

Usyk, the former undisputed cruiserweight champion, dominated Joshua in their first fight at a sold-out Tottenham Hotspur Stadium last September to seize the WBA, WBO, IBF and IBO belts.

Following Russia's invasion of Ukraine, Usyk returned to his homeland to join a territorial defence battalion, raising doubts about an immediate rematch with Joshua.

However, the Ukrainian sports minister gave Usyk permission to leave the country to begin his training camp, and the 35-year-old fighter has now begun preparations to defend his titles.

The focus now is to lock down a date and location, and Usyk's promoter Alexander Krassyuk has revealed that Saudi Arabia this summer is among the leading options.

"[Saudi Arabia] is under discussion at the moment," Krassyuk told Sky Sports. "Late June is also the timing we are considering now. Many things will depend on how fast we manage to ink the papers.

"The good thing is that Usyk is already in Europe to start his preparation."

The winner could be in line for a unification bout with WBC heavyweight champion Tyson Fury, who had previously agreed to fight Joshua in Saudi before the courts intervened and demanded the Briton face Deontay Wider for a third time. Fury successfully defended his title with a thrilling stoppage win over the American. Fury, however, will first need to come through his bout against fellow Briton Dillian Whyte next month.

Saudi Arabia has hosted a heavyweight title bout featuring Joshua before when the former Olympic champion won back his belts against Andy Ruiz Jr in December 2019 having suffered a shock stoppage defeat to the Mexican-American six months earlier in New York City.

Company%20profile

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Benefits of first-time home buyers' scheme

Priority access to new homes from participating developers
Discounts on sales price of off-plan units
Flexible payment plans from developers
Mortgages with better interest rates, faster approval times and reduced fees
DLD registration fee can be paid through banks or credit cards at zero interest rates

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What%20is%20Dungeons%20%26%20Dragons%3F%20

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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

The specs

Price, base / as tested Dh12 million

Engine 8.0-litre quad-turbo, W16

Gearbox seven-speed dual clutch auto

Power 1479 @ 6,700rpm

Torque 1600Nm @ 2,000rpm 0-100kph: 2.6 seconds 0-200kph: 6.1 seconds

Top speed 420 kph (governed)

Fuel economy, combined 35.2L / 100km (est)

Dengue%20fever%20symptoms

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Red flags

Promises of high, fixed or 'guaranteed' returns.
Unregulated structured products or complex investments often used to bypass traditional safeguards.
Lack of clear information, vague language, no access to audited financials.
Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
Hard-selling tactics - creating urgency, offering 'exclusive' deals.

Courtesy: Carol Glynn, founder of Conscious Finance Coaching

Key findings of Jenkins report

Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."