• Tyson Fury and Oleksandr Usyk square off in the ring after Fury retained his WBC heavyweight world title with a 10th-round TKO win over Derek Chisora at the Tottenham Hotspur Stadium in London on December 3, 2022. Reuters
    Tyson Fury and Oleksandr Usyk square off in the ring after Fury retained his WBC heavyweight world title with a 10th-round TKO win over Derek Chisora at the Tottenham Hotspur Stadium in London on December 3, 2022. Reuters
  • Tyson Fury and Oleksandr Usyk square off inside the ring at Tottenham Hotspur Stadium. Getty
    Tyson Fury and Oleksandr Usyk square off inside the ring at Tottenham Hotspur Stadium. Getty
  • Tyson Fury celebrates with his team and son after winning his fight against Derek Chisora. Reuters
    Tyson Fury celebrates with his team and son after winning his fight against Derek Chisora. Reuters
  • Tyson Fury celebrates with his team and son after beating Derek Chisora. Reuters
    Tyson Fury celebrates with his team and son after beating Derek Chisora. Reuters
  • Tyson Fury lands a punch on Derek Chisora during their bout for the WBC heavyweight title. EPA
    Tyson Fury lands a punch on Derek Chisora during their bout for the WBC heavyweight title. EPA
  • Tyson Fury lands a punch on Derek Chisora during their WBC heavyweight world title fight. Reuters
    Tyson Fury lands a punch on Derek Chisora during their WBC heavyweight world title fight. Reuters
  • Derek Chisora throws a punch at Tyson Fury during their bout for the WBC heavyweight title. EPA
    Derek Chisora throws a punch at Tyson Fury during their bout for the WBC heavyweight title. EPA
  • Tyson Fury and Derek Chisora during the bout at the Tottenham Hotspur Stadium. EPA
    Tyson Fury and Derek Chisora during the bout at the Tottenham Hotspur Stadium. EPA
  • Referee Victor Loughlin stops the fight in the 10th round. EPA
    Referee Victor Loughlin stops the fight in the 10th round. EPA
  • Tyson Fury and Derek Chisora embrace after the fight. Reuters
    Tyson Fury and Derek Chisora embrace after the fight. Reuters
  • Tyson Fury interacts with Joe Joyce after his win over Derek Chisor. Getty
    Tyson Fury interacts with Joe Joyce after his win over Derek Chisor. Getty
  • Tyson Fury and Derek Chisora pose together for photos after their fight at Tottenham Hotspur Stadium. Getty
    Tyson Fury and Derek Chisora pose together for photos after their fight at Tottenham Hotspur Stadium. Getty
  • Tyson Fury celebrates victory after retaining his WBC heavyweight world title. Getty
    Tyson Fury celebrates victory after retaining his WBC heavyweight world title. Getty
  • Tyson Fury celebrates as he leaves the ring after winning his fight against Derek Chisora. Reuters
    Tyson Fury celebrates as he leaves the ring after winning his fight against Derek Chisora. Reuters

'Usyk, you're next': Fury focused on undisputed bout after dominant win over Chisora


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Tyson Fury has set his sights on an undisputed fight with fellow heavyweight world champion Oleksandr Usyk after successfully defending his WBC title with a convincing stoppage win over British rival Derek Chisora on Saturday.

Fury (33-0-1) was in cruise control for much of his trilogy bout with Chisora until referee Victor Loughlin called an end to proceedings in the 10th round. Fury also beat Chisora at a similar time in their second fight, when 'Del Boy' retired in the 10th round in 2014, while their first encounter, in 2011, went Fury's way on points.

Fury's latest win also paved the way for a unification bout with Usyk, the IBF, WBA and WBO heavyweight champion.

Usyk was at ringside on Saturday as he returned to the venue where he deprived Britain's Anthony Joshua of all those titles in September last year before defeating him again in Jeddah this July.

Soon after a comprehensive win, Fury was involved in a face-off with Usyk as the Ukrainian entered the ring.

Fury, after thanking a crowd of some 60,000 and paying tribute to his beaten opponent by leading spectators in a chant of "One Derek Chisora", turned his attention to Usyk with British heavyweight Joe Joyce also coming onto the ring apron.

"Usyk, you're next, you 15-stone little bodybuilding midget. I've done one Ukrainian, (Wladimir) Klitschko, let's get it on," Fury told BT Sport.

Usyk remained silent, with Chisora also calling for an undisputed fight between the division's two champions.

"Thank you Tyson, I really appreciate that. We are friends," said Chisora (33-13-0). "There's a big fight coming, everyone wants to see one champion in the heavyweight division."

Fury then turned his attention to Joyce.

"I'm saying Joe Joyce, a brilliant fighter, he deserves a title fight," Fury said. "If the rabbit (Usyk) doesn't fight, we'll fight at Wembley."

Joyce responded by saying: "I'll take either. Like Fury was saying, if not Usyk then me."

Fury's only previous fight this year was a sixth-round stoppage of Dillian Whyte at Wembley in April.

"I felt good, I needed some rounds, I haven't boxed since April," said Fury. "I was landing good punches. But take nothing from Del Boy (Chisora), it was a pleasure to fight tonight, he is a British folk hero."

After the Whyte fight, Fury announced his retirement only for the lure of the ring to prove too strong.

A bout with Usyk is the fight fans want to see, while a long anticipated "Battle of Britain" between Fury and Joshua fell through after talks between the two camps collapsed. That led Fury to fight Chisora instead.

Fury was an overwhelming favourite to beat Chisora given he'd defeated him convincingly in their two previous bouts. Nevertheless the 38-year-old Chisora has won respect throughout a now 46-fight career for his ability to take a punch.

This week marked the seven-year anniversary of Fury's stunning success over Klitschko which saw him first become world champion but also sparked a major mental health crisis before a triumphant return to the ring.

On a bitterly cold night at the home of Premier League football club Tottenham Hotspur, Fury jogged rather than walked into the ring.

Fury, the heavier man at 19 stone 2lbs (121.8kg) to Chisora's 18 stone 6lbs (118.2kg).

The champion, at 6ft 9in (2.06 metres) was also significantly taller and kept Chisora at bay while repeatedly landing punches, including several shots to the head, with little of consequence coming back at him from the challenger.

It seemed just a matter of time before Fury won, with Loughlin speaking to Chisora's corner at the end of the ninth before calling a halt soon afterwards.

Student Of The Year 2

Director: Punit Malhotra

Stars: Tiger Shroff, Tara Sutaria, Ananya Pandey, Aditya Seal 

1.5 stars

All about the Sevens

Cape Town Sevens on Saturday and Sunday: Pools A – South Africa, Kenya, France, Russia; B – New Zealand, Australia, Spain, United States; C – England, Scotland, Argentina, Uganda; D – Fiji, Samoa, Canada, Wales

HSBC World Sevens Series standing after first leg in Dubai 1 South Africa; 2 New Zealand; 3 England; 4 Fiji; 5 Australia; 6 Samoa; 7 Kenya; 8 Scotland; 9 France; 10 Spain; 11 Argentina; 12 Canada; 13 Wales; 14 Uganda; 15 United States; 16 Russia

About RuPay

A homegrown card payment scheme launched by the National Payments Corporation of India and backed by the Reserve Bank of India, the country’s central bank

RuPay process payments between banks and merchants for purchases made with credit or debit cards

It has grown rapidly in India and competes with global payment network firms like MasterCard and Visa.

In India, it can be used at ATMs, for online payments and variations of the card can be used to pay for bus, metro charges, road toll payments

The name blends two words rupee and payment

Some advantages of the network include lower processing fees and transaction costs

Left Bank: Art, Passion and Rebirth of Paris 1940-1950

Agnes Poirer, Bloomsbury

Ain Dubai in numbers

126: The length in metres of the legs supporting the structure

1 football pitch: The length of each permanent spoke is longer than a professional soccer pitch

16 A380 Airbuses: The equivalent weight of the wheel rim.

9,000 tonnes: The amount of steel used to construct the project.

5 tonnes: The weight of each permanent spoke that is holding the wheel rim in place

192: The amount of cable wires used to create the wheel. They measure a distance of 2,4000km in total, the equivalent of the distance between Dubai and Cairo.

Vidaamuyarchi

Director: Magizh Thirumeni

Stars: Ajith Kumar, Arjun Sarja, Trisha Krishnan, Regina Cassandra

Rating: 4/5

 

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

T20 World Cup Qualifier

October 18 – November 2

Opening fixtures

Friday, October 18

ICC Academy: 10am, Scotland v Singapore, 2.10pm, Netherlands v Kenya

Zayed Cricket Stadium: 2.10pm, Hong Kong v Ireland, 7.30pm, Oman v UAE

UAE squad

Ahmed Raza (captain), Rohan Mustafa, Ashfaq Ahmed, Rameez Shahzad, Darius D’Silva, Mohammed Usman, Mohammed Boota, Zawar Farid, Ghulam Shabber, Junaid Siddique, Sultan Ahmed, Imran Haider, Waheed Ahmed, Chirag Suri, Zahoor Khan

Players out: Mohammed Naveed, Shaiman Anwar, Qadeer Ahmed

Players in: Junaid Siddique, Darius D’Silva, Waheed Ahmed

Torbal Rayeh Wa Jayeh
Starring: Ali El Ghoureir, Khalil El Roumeithy, Mostafa Abo Seria
Stars: 3

Brief scoreline:

Wales 1

James 5'

Slovakia 0

Man of the Match: Dan James (Wales)

How much of your income do you need to save?

The more you save, the sooner you can retire. Tuan Phan, a board member of SimplyFI.com, says if you save just 5 per cent of your salary, you can expect to work for another 66 years before you are able to retire without too large a drop in income.

In other words, you will not save enough to retire comfortably. If you save 15 per cent, you can forward to another 43 working years. Up that to 40 per cent of your income, and your remaining working life drops to just 22 years. (see table)

Obviously, this is only a rough guide. How much you save will depend on variables, not least your salary and how much you already have in your pension pot. But it shows what you need to do to achieve financial independence.

 

COMPANY PROFILE

Name: Rain Management

Year started: 2017

Based: Bahrain

Employees: 100-120

Amount raised: $2.5m from BitMex Ventures and Blockwater. Another $6m raised from MEVP, Coinbase, Vision Ventures, CMT, Jimco and DIFC Fintech Fund

The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

Scores

Oman 109-3 in 18.4 overs (Aqib Ilyas 45 not out, Aamir Kaleem 27) beat UAE 108-9 in 20 overs (Usman 27, Mustafa 24, Fayyaz 3-16, Bilal 3-23)

First-round leaderbaord

-5 C Conners (Can)

-3 B Koepka (US), K Bradley (US), V Hovland (Nor), A Wise (US), S Horsfield (Eng), C Davis (Aus);

-2 C Morikawa (US), M Laird (Sco), C Tringale (US)

Selected others: -1 P Casey (Eng), R Fowler (US), T Hatton (Eng)

Level B DeChambeau (US), J Rose (Eng) 

1 L Westwood (Eng), J Spieth (US)

3 R McIlroy (NI)

4 D Johnson (US)

Dubai Bling season three

Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed 

Rating: 1/5

Mia Man’s tips for fermentation

- Start with a simple recipe such as yogurt or sauerkraut

- Keep your hands and kitchen tools clean. Sanitize knives, cutting boards, tongs and storage jars with boiling water before you start.

- Mold is bad: the colour pink is a sign of mold. If yogurt turns pink as it ferments, you need to discard it and start again. For kraut, if you remove the top leaves and see any sign of mold, you should discard the batch.

- Always use clean, closed, airtight lids and containers such as mason jars when fermenting yogurt and kraut. Keep the lid closed to prevent insects and contaminants from getting in.

 

UAE v IRELAND

All matches start at 10am, and will be played in Abu Dhabi

1st ODI, Friday, January 8

2nd ODI, Sunday, January 10

3rd ODI, Tuesday, January 12

4th ODI, Thursday, January 14

COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4
THURSDAY'S FIXTURES

4pm Maratha Arabians v Northern Warriors

6.15pm Deccan Gladiators v Pune Devils

8.30pm Delhi Bulls v Bangla Tigers

MOUNTAINHEAD REVIEW

Starring: Ramy Youssef, Steve Carell, Jason Schwartzman

Director: Jesse Armstrong

Rating: 3.5/5

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

The specs

AT4 Ultimate, as tested

Engine: 6.2-litre V8

Power: 420hp

Torque: 623Nm

Transmission: 10-speed automatic

Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)

On sale: Now

The Perfect Couple

Starring: Nicole Kidman, Liev Schreiber, Jack Reynor

Creator: Jenna Lamia

Rating: 3/5

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Updated: December 04, 2022, 5:57 AM