Promo video released ahead of Usyk-Joshua rematch in Saudi Arabia


Steve Luckings
  • English
  • Arabic

The build-up to Oleksandr Usyk's world heavyweight clash with Anthony Joshua in Saudi Arabia has moved up a gear with the release of the stunning cinematic promo for "The Rage on the Red Sea".

Shot on location in both London and Jeddah, the film captures the intensity of the buildup to the year's biggest fight.

Usyk will defend his WBA ‘Super’, IBF, WBO and IBO titles at the King Abdullah Sports City Arena on August 20 against the man he claimed them from last year, with Joshua once again looking to the Kingdom to regain his belts after his unanimous verdict over Andy Ruiz in 2019.

Englishman Joshua suffered a shock defeat against Usyk last September as the Ukrainian took the WBA, IBF and WBO titles from the British star after a unanimous decision victory.

Prince Khalid bin Abdulaziz, chairman of Skill Challenge Entertainment (SCEE), said: “The promo is stunning and we’re delighted with how it reflects the excitement of the year’s biggest fight taking place in our transforming country.”

The promo tells the story of each fighter’s preparations, both in their homelands and then Jeddah. The promo’s conclusion is set in the city’s Al Balad district located in its historic old town and features both fighters coming face-to-face, with over 300 people looking on.

Tickets for the fight are available from SAR375 and are available at Halayalla. For Visa entry information, fans should go to Visit Saudi for information on how to apply.

  • Ukraine's Oleksandr Usyk, right, and Britain's Anthony Joshua pose for a selfie after the press conference to announce the heavyweight boxing rematch for the WBA, WBO, IBO and IBF titles in Jeddah on June 21, 2022. AFP
    Ukraine's Oleksandr Usyk, right, and Britain's Anthony Joshua pose for a selfie after the press conference to announce the heavyweight boxing rematch for the WBA, WBO, IBO and IBF titles in Jeddah on June 21, 2022. AFP
  • Britain's Anthony Joshua poses for a picture with a fan. AFP
    Britain's Anthony Joshua poses for a picture with a fan. AFP
  • Britain's Anthony Joshua poses for a picture with a fan. AFP
    Britain's Anthony Joshua poses for a picture with a fan. AFP
  • Oleksandr Usyk and Anthony Joshua's rematch, billed as Rage on the Red Sea, is set to take place on August 20, 2022, at the Jeddah Super Dome. AFP
    Oleksandr Usyk and Anthony Joshua's rematch, billed as Rage on the Red Sea, is set to take place on August 20, 2022, at the Jeddah Super Dome. AFP
  • Oleksandr Usyk and Anthony Joshua pose for a picture during the press conference to announce the heavyweight boxing rematch for the WBA, WBO, IBO and IBF titles in Jeddah on June 21, 2022. AFP
    Oleksandr Usyk and Anthony Joshua pose for a picture during the press conference to announce the heavyweight boxing rematch for the WBA, WBO, IBO and IBF titles in Jeddah on June 21, 2022. AFP
  • Anthony Joshua alongside Matchroom Promotions chief Eddie Hearn. AFP
    Anthony Joshua alongside Matchroom Promotions chief Eddie Hearn. AFP
  • Ukraine's Oleksandr Usyk, president of the Saudi Boxing Federation Abdullah Ahmed Eid al-Harbi and Britain's Anthony Joshua attend the press conference. AFP
    Ukraine's Oleksandr Usyk, president of the Saudi Boxing Federation Abdullah Ahmed Eid al-Harbi and Britain's Anthony Joshua attend the press conference. AFP
  • Britain's Anthony Joshua greets the fans. AFP
    Britain's Anthony Joshua greets the fans. AFP
  • Ukraine’s Oleksandr Usyk poses for a picture. AFP
    Ukraine’s Oleksandr Usyk poses for a picture. AFP
  • Britain's Anthony Joshua speaks during a press conference. AFP
    Britain's Anthony Joshua speaks during a press conference. AFP
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Recommended hotels include the Intercontinental Chicago Magnificent Mile, located in an iconic skyscraper complete with a 1929 Olympic-size swimming pool from US$299 (Dh1,100) per night including taxes, and the Omni Chicago Hotel, an excellent value downtown address with elegant art deco furnishings and an excellent in-house restaurant. Rooms from US$239 (Dh877) per night including taxes. 

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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.

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Founded: 2017

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4.10pm: Handicap Dh165,000 (D) 2,000m, Winner: Gundogdu, Xavier Ziani, Salem bin Ghadayer.

4.45pm: Handicap Dh185,000 (T) 1,200m, Winner: Speedy Move, Sean Kirrane, Satish Seemar.

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Tips for newlyweds to better manage finances

All couples are unique and have to create a financial blueprint that is most suitable for their relationship, says Vijay Valecha, chief investment officer at Century Financial. He offers his top five tips for couples to better manage their finances.

Discuss your assets and debts: When married, it’s important to understand each other’s personal financial situation. It’s necessary to know upfront what each party brings to the table, as debts and assets affect spending habits and joint loan qualifications. Discussing all aspects of their finances as a couple prevents anyone from being blindsided later.

Decide on the financial/saving goals: Spouses should independently list their top goals and share their lists with one another to shape a joint plan. Writing down clear goals will help them determine how much to save each month, how much to put aside for short-term goals, and how they will reach their long-term financial goals.

Set a budget: A budget can keep the couple be mindful of their income and expenses. With a monthly budget, couples will know exactly how much they can spend in a category each month, how much they have to work with and what spending areas need to be evaluated.

Decide who manages what: When it comes to handling finances, it’s a good idea to decide who manages what. For example, one person might take on the day-to-day bills, while the other tackles long-term investments and retirement plans.

Money date nights: Talking about money should be a healthy, ongoing conversation and couples should not wait for something to go wrong. They should set time aside every month to talk about future financial decisions and see the progress they’ve made together towards accomplishing their goals.

Updated: August 05, 2022, 6:27 AM