• Gold medalist Shelly-Ann Fraser-Pryce of Jamaica, celebrates after winning the women's 100 meter final, during the IAAF World Athletics Championships, at Hayward Field stadium, in Eugene, Oregon, USA, 17 July 2022. EPA / JEAN-CHRISTOPHE BOTT POLAND OUT
    Gold medalist Shelly-Ann Fraser-Pryce of Jamaica, celebrates after winning the women's 100 meter final, during the IAAF World Athletics Championships, at Hayward Field stadium, in Eugene, Oregon, USA, 17 July 2022. EPA / JEAN-CHRISTOPHE BOTT POLAND OUT
  • Shelly-Ann Fraser-Pryce, Elaine Thompson-Herah and Shericka Jackson celebrate their 100m medals. EPA
    Shelly-Ann Fraser-Pryce, Elaine Thompson-Herah and Shericka Jackson celebrate their 100m medals. EPA
  • Shelly-Ann Fraser-Pryce celebrates next to the board displaying her championship record time following her victory in the 100m. EPA
    Shelly-Ann Fraser-Pryce celebrates next to the board displaying her championship record time following her victory in the 100m. EPA
  • Shelly-Ann Fraser-Pryce reacts after winning gold in the final of the women's 100-metre at the World Athletics Championships. AP
    Shelly-Ann Fraser-Pryce reacts after winning gold in the final of the women's 100-metre at the World Athletics Championships. AP
  • Shelly-Ann Fraser-Pryce after winning gold in the final of the women's 100-metres at the World Athletics Championships. AP
    Shelly-Ann Fraser-Pryce after winning gold in the final of the women's 100-metres at the World Athletics Championships. AP
  • (From L to R): Aleia Hobbs, Shelly-Ann Fraser-Pryce, Marie-Josee Ta Lou, Elaine Thompson-Herah and Shericka Jackson compete in the women's 100m final. AFP
    (From L to R): Aleia Hobbs, Shelly-Ann Fraser-Pryce, Marie-Josee Ta Lou, Elaine Thompson-Herah and Shericka Jackson compete in the women's 100m final. AFP
  • Shelly-Ann Fraser-Pryce celebrates after winning gold in the women's 100m. AFP
    Shelly-Ann Fraser-Pryce celebrates after winning gold in the women's 100m. AFP
  • Shelly-Ann Fraser-Pryce, Shericka Jackson and Elaine Thompson-Herah during the women's 100m final. Reuters
    Shelly-Ann Fraser-Pryce, Shericka Jackson and Elaine Thompson-Herah during the women's 100m final. Reuters
  • Shelly-Ann Fraser-Pryce crosses the finish line to win gold ahead of silver medalist Shericka Jackson and bronze medalist Elaine Thompson-Herah. Getty
    Shelly-Ann Fraser-Pryce crosses the finish line to win gold ahead of silver medalist Shericka Jackson and bronze medalist Elaine Thompson-Herah. Getty
  • Shelly-Ann Fraser-Pryce crosses the line to win the women's 100 metres final. Reuters
    Shelly-Ann Fraser-Pryce crosses the line to win the women's 100 metres final. Reuters

Shelly-Ann Fraser-Pryce keen to 'inspire' more women after claiming fifth 100m world title


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Shelly-Ann Fraser-Pryce said she wants to continue to inspire women after the Jamaican sprinter claimed her fifth 100-metre world title in Eugene on Sunday evening.

Fraser-Pryce, 35, defended her 2019 crown with a championship record time of 10.67 seconds, the sixth-fastest time in history, ahead of Jamaica teammates Shericka Jackson and Elaine Thompson-Herah, the back-to-back double Olympic champion.

Great Britain’s Dina Asher-Smith was fourth as she equalled her national record of 10.83 seconds.

“I feel blessed to have this talent and to continue to do it at 35, having a baby, still going, and hopefully inspiring women that they can make their own journey,” said Fraser-Pryce, having returned after the birth of her son Zyon in 2017 to become the oldest woman to claim a 100m world title in 2019.

“I can’t even imagine the amount of times I’ve had setbacks and I’ve bounced back and I’m here again. I continue to remind myself that sometimes it’s not because you don’t have the ability but it’s the right time. It was the right time and I’m so, so grateful for the continuous support.

“This is the third 1-2-3 that I’ve been a part of and I’m so excited. I was able to come away with the win.”

Jackson, who is favourite for the 200m, ran a personal best of 10.73 seconds while five-time Olympic champion Thompson-Herah posted 10.81 seconds.

“I’m just grateful. Last year when I switched to the 100 meters, I was scared but I took my time and here I am,” Jackson said. “Feeling good to be part of history and coming for more.”

Despite Thompson-Herah's remarkable Olympic success - at Tokyo 2020 she became the first woman to successfully defend the 100m and 200m gold medals - this was her first individual 100m medal at a World Championships.

“I’m grateful to be on the podium and to be part of 1-2-3. I’m going to have to watch the replay to see if I executed the way I can," she said.

“I’m happy to get my first (individual world) 100m medal and be on the podium for the first time. I’ve been working really hard even though I had some struggles during the season.”

The biog

Name: Timothy Husband

Nationality: New Zealand

Education: Degree in zoology at The University of Sydney

Favourite book: Lemurs of Madagascar by Russell A Mittermeier

Favourite music: Billy Joel

Weekends and holidays: Talking about animals or visiting his farm in Australia

Nepotism is the name of the game

Salman Khan’s father, Salim Khan, is one of Bollywood’s most legendary screenwriters. Through his partnership with co-writer Javed Akhtar, Salim is credited with having paved the path for the Indian film industry’s blockbuster format in the 1970s. Something his son now rules the roost of. More importantly, the Salim-Javed duo also created the persona of the “angry young man” for Bollywood megastar Amitabh Bachchan in the 1970s, reflecting the angst of the average Indian. In choosing to be the ordinary man’s “hero” as opposed to a thespian in new Bollywood, Salman Khan remains tightly linked to his father’s oeuvre. Thanks dad. 

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20Floward%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3ERiyadh%2C%20Saudi%20Arabia%0D%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3EAbdulaziz%20Al%20Loughani%20and%20Mohamed%20Al%20Arifi%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EE-commerce%0D%3Cbr%3E%3Cstrong%3ETotal%20funding%3A%20%3C%2Fstrong%3EAbout%20%24200%20million%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EAljazira%20Capital%2C%20Rainwater%20Partners%2C%20STV%20and%20Impact46%0D%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%20%3C%2Fstrong%3E1%2C200%3C%2Fp%3E%0A
Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

The biog

Favourite hobby: I love to sing but I don’t get to sing as much nowadays sadly.

Favourite book: Anything by Sidney Sheldon.

Favourite movie: The Exorcist 2. It is a big thing in our family to sit around together and watch horror movies, I love watching them.

Favourite holiday destination: The favourite place I have been to is Florence, it is a beautiful city. My dream though has always been to visit Cyprus, I really want to go there.

INDIA'S%20TOP%20INFLUENCERS
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What drives subscription retailing?

Once the domain of newspaper home deliveries, subscription model retailing has combined with e-commerce to permeate myriad products and services.

The concept has grown tremendously around the world and is forecast to thrive further, according to UnivDatos Market Insights’ report on recent and predicted trends in the sector.

The global subscription e-commerce market was valued at $13.2 billion (Dh48.5bn) in 2018. It is forecast to touch $478.2bn in 2025, and include the entertainment, fitness, food, cosmetics, baby care and fashion sectors.

The report says subscription-based services currently constitute “a small trend within e-commerce”. The US hosts almost 70 per cent of recurring plan firms, including leaders Dollar Shave Club, Hello Fresh and Netflix. Walmart and Sephora are among longer established retailers entering the space.

UnivDatos cites younger and affluent urbanites as prime subscription targets, with women currently the largest share of end-users.

That’s expected to remain unchanged until 2025, when women will represent a $246.6bn market share, owing to increasing numbers of start-ups targeting women.

Personal care and beauty occupy the largest chunk of the worldwide subscription e-commerce market, with changing lifestyles, work schedules, customisation and convenience among the chief future drivers.

UAE'S%20YOUNG%20GUNS
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SPEC%20SHEET%3A%20APPLE%20M3%20MACBOOK%20AIR%20(13%22)
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What%20is%20cystic%20fibrosis%3F
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'Manmarziyaan' (Colour Yellow Productions, Phantom Films)
Director: Anurag Kashyap​​​​​​​
Cast: Abhishek Bachchan, Taapsee Pannu, Vicky Kaushal​​​​​​​
Rating: 3.5/5

The specs

Engine: 2.0-litre 4cyl turbo

Power: 261hp at 5,500rpm

Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

Fuel consumption: 6.9L/100km

On sale: Now

Price: From Dh117,059

Our legal consultant

Name: Hassan Mohsen Elhais

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

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

Quick pearls of wisdom

Focus on gratitude: And do so deeply, he says. “Think of one to three things a day that you’re grateful for. It needs to be specific, too, don’t just say ‘air.’ Really think about it. If you’re grateful for, say, what your parents have done for you, that will motivate you to do more for the world.”

Know how to fight: Shetty married his wife, Radhi, three years ago (he met her in a meditation class before he went off and became a monk). He says they’ve had to learn to respect each other’s “fighting styles” – he’s a talk it-out-immediately person, while she needs space to think. “When you’re having an argument, remember, it’s not you against each other. It’s both of you against the problem. When you win, they lose. If you’re on a team you have to win together.” 

Updated: July 18, 2022, 6:35 AM