• British boxer Tommy Fury celebrates after he won by split decision against Jake Paul in a cruiserweight boxing match held at Diriyah, Saudi Arabia, February 27, 2023. AFP
    British boxer Tommy Fury celebrates after he won by split decision against Jake Paul in a cruiserweight boxing match held at Diriyah, Saudi Arabia, February 27, 2023. AFP
  • Tommy Fury, right, lands a punch on Jake Paul. AFP
    Tommy Fury, right, lands a punch on Jake Paul. AFP
  • Tommy Fury, left, of Great Britain in action against Jake Paul of the US. EPA
    Tommy Fury, left, of Great Britain in action against Jake Paul of the US. EPA
  • Tommy Fury sticks out a jab. EPA
    Tommy Fury sticks out a jab. EPA
  • Tommy Fury was forced to take a standing eight count in the eighth and final round, though the Briton claimed he slipped.
    Tommy Fury was forced to take a standing eight count in the eighth and final round, though the Briton claimed he slipped.
  • Tommy Fury in action against Jake Paul at the Diriyah Arena on the outskirts of Riyadh, Saudi Arabia. EPA
    Tommy Fury in action against Jake Paul at the Diriyah Arena on the outskirts of Riyadh, Saudi Arabia. EPA
  • Tommy Fury, right, in action against Jake Paul. AFP
    Tommy Fury, right, in action against Jake Paul. AFP
  • Jake Paul lands a left jab on Tommy Fury. AFP
    Jake Paul lands a left jab on Tommy Fury. AFP
  • Tommy Fury, right, punches Jake Paul. EPA
    Tommy Fury, right, punches Jake Paul. EPA
  • Jake Paul connects with Tommy Fury. EPA
    Jake Paul connects with Tommy Fury. EPA
  • Tommy Fury celebrates after defeating Jake Paul by split decision. PA
    Tommy Fury celebrates after defeating Jake Paul by split decision. PA
  • Former heavyweight champion Mike Tyson, centre, was in attendance. PA
    Former heavyweight champion Mike Tyson, centre, was in attendance. PA
  • Jake Paul, left, and Tommy Fury, in action. AP Photo
    Jake Paul, left, and Tommy Fury, in action. AP Photo
  • Jake Paul, right, and Tommy Fury, in action. AP
    Jake Paul, right, and Tommy Fury, in action. AP
  • Tommy Fury celebrates with his coaching team after defeating Jake Pau. Getty Images
    Tommy Fury celebrates with his coaching team after defeating Jake Pau. Getty Images
  • Tommy Fury in action against Jake Paul. Reuters
    Tommy Fury in action against Jake Paul. Reuters
  • WBC heavyweight champion Tyson Fury celebrates with the Fury Coaching Team after seeing half-brother Tommy Fury defeat Jake Paul at the Diriyah Arena. Getty Images
    WBC heavyweight champion Tyson Fury celebrates with the Fury Coaching Team after seeing half-brother Tommy Fury defeat Jake Paul at the Diriyah Arena. Getty Images
  • Jake Paul in between rounds. Getty Images
    Jake Paul in between rounds. Getty Images
  • Tommy Fury celebrates. Getty Images
    Tommy Fury celebrates. Getty Images
  • Tommy Fury poses for photographs with his coaching team. PA
    Tommy Fury poses for photographs with his coaching team. PA
  • WBC heavyweight champion Tyson Fury. Getty Images
    WBC heavyweight champion Tyson Fury. Getty Images

Tommy Fury beats Jake Paul in Saudi Arabia: 'This is a world title for me'


Steve Luckings
  • English
  • Arabic

Tommy Fury beat Jake Paul by split decision in Saudi Arabia on Sunday, declaring that he had made his own "legacy" while also leaving open the possibility of a rematch with the YouTuber-turned-boxer.

Briton Fury, the half-brother of WBC heavyweight champion Tyson Fury, took a standing eight count in the eighth and final round of the cruiserweight contest at Diriyah Arena but was still awarded the bout 76-73 on two judges' scorecards with one judge giving Paul the fight 75-74.

Addressing the crowd through tears afterwards, Fury said: “For the past two-and-a-half years this has consumed my life but tonight I secured my own legacy. This is a world title for me.

“This was my first main event. I will come back bigger and better and stronger, if he wants the rematch he can bring it on.”

Paul, who calls himself "The Problem Child", drew loud boos with his post-fight claim that he "got sick really bad twice in this camp" and "injured my arm", though he added he was "not making excuses".

He told reporters that Fury had "impressive combinations" but that the loss was "a reflection of my own performance".

"I couldn't get my momentum going like I wanted to and I just felt kind of flat," he said.

A triumphant Fury, for his part, boasted that he "showed everybody that I ain't scared of no one and I can cut it in the big dance."

Paul first gained fame and millions of followers on the now-defunct social media platform Vine and also YouTube before pivoting to boxing about five years ago.

His 6-0 record heading into Sunday's fight, including four knockouts, had come against a ragtag group of opponents that included another YouTuber and three mixed martial arts fighters.

He was out to bolster his credibility against Fury, who was likewise undefeated, though his past opponents were also hardly household names.

Fury, who was defending an undefeated 8-0 professional record, will controversially earn a place in the WBC cruiserweight rankings.

It will also prove a lucrative evening’s work for Fury after his father John accepted Cleveland-born Paul’s double-or-nothing offer at Thursday’s pre-fight press conference.

Paul was penalised a point for holding in the fifth round, with British fighter Fury also facing a deduction in the next.

It was the first defeat of Paul's career having entered the bout unbeaten in six fights.

  • Al Nassr and Portugal striker Cristiano Ronaldo attends the boxing match between Tommy Fury and Jake Paul at Diriyah Arena, Saudi Arabia, February 27, 2023. AP Photo
    Al Nassr and Portugal striker Cristiano Ronaldo attends the boxing match between Tommy Fury and Jake Paul at Diriyah Arena, Saudi Arabia, February 27, 2023. AP Photo
  • Al Nassr and Portugal striker Cristiano Ronaldo attends the boxing match between Tommy Fury and Jake Paul at Diriyah Arena, Saudi Arabia, February 27, 2023. Reuters
    Al Nassr and Portugal striker Cristiano Ronaldo attends the boxing match between Tommy Fury and Jake Paul at Diriyah Arena, Saudi Arabia, February 27, 2023. Reuters
  • Former world heavyweight champion Mike Tyson looks on prior to the cruiserweight fight between Jake Paul and Tommy Fury at the Diriyah Arena. Getty Images
    Former world heavyweight champion Mike Tyson looks on prior to the cruiserweight fight between Jake Paul and Tommy Fury at the Diriyah Arena. Getty Images
  • Former world heavyweight champion Mike Tyson looks on prior to the cruiserweight fight between Jake Paul and Tommy Fury at the Diriyah Arena. AP
    Former world heavyweight champion Mike Tyson looks on prior to the cruiserweight fight between Jake Paul and Tommy Fury at the Diriyah Arena. AP
  • Mike Tyson with ring announcer Michael Buffer before the fight. Reuters
    Mike Tyson with ring announcer Michael Buffer before the fight. Reuters
  • Mike Tyson is seen before the fight. Reuters
    Mike Tyson is seen before the fight. Reuters
  • WBC heavyweight champion Tyson Fury celebrates with the Fury Coaching Team after half-brother Tommy Fury beat Jake Paul by split decision. Getty Images
    WBC heavyweight champion Tyson Fury celebrates with the Fury Coaching Team after half-brother Tommy Fury beat Jake Paul by split decision. Getty Images
  • Boxer Tyson Fury. Getty Images
    Boxer Tyson Fury. Getty Images
  • Tommy Fury celebrates with his team and Tyson Fury after winning his fight against Jake Paul. Reuters
    Tommy Fury celebrates with his team and Tyson Fury after winning his fight against Jake Paul. Reuters
  • Former heavyweight champion Deontay Wilder looks on prior to the fight. Getty Images
    Former heavyweight champion Deontay Wilder looks on prior to the fight. Getty Images

In the co-main event challenger Badou Jack put on a clinical display of boxing, stopping Ilunga Makabu in the 12th and final round to win the WBC cruiserweight title, the third weight class in which the 39-year-old Swede has held a world title.

Jack downed Makabu with a big right hand in the fourth round and decked him again in a similar manner in the 11th, and though South African Makabu's undoubted power posed a threat until late in the fight, he eventually capitulated.

With his corner telling him ahead of the final round that he needed a knockout to win, Makabu came out swinging, but Jack's crisp combinations overcame him, forcing the referee to step in and stop the fight as the Swede claimed the belt.

Saudi fighters Ziyad Almaayouf, who made his professional debut at "Rage on the Red Sea", and Ragad Al Naimi, the kingdom's first female professional boxer, were both victorious in undercard matches on Sunday.

The specs

AT4 Ultimate, as tested

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Power: 420hp

Torque: 623Nm

Transmission: 10-speed automatic

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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

Groom and Two Brides

Director: Elie Semaan

Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla

Rating: 3/5

RESULTS

Catchweight 82kg
Piotr Kuberski (POL) beat Ahmed Saeb (IRQ) by decision.

Women’s bantamweight
Corinne Laframboise (CAN) beat Cornelia Holm (SWE) by unanimous decision.

Welterweight
Omar Hussein (PAL) beat Vitalii Stoian (UKR) by unanimous decision.

Welterweight
Josh Togo (LEB) beat Ali Dyusenov (UZB) by unanimous decision.

Flyweight
Isaac Pimentel (BRA) beat Delfin Nawen (PHI) TKO round-3.

Catchweight 80kg​​​​​​​
Seb Eubank (GBR) beat Emad Hanbali (SYR) KO round 1.

Lightweight
Mohammad Yahya (UAE) beat Ramadan Noaman (EGY) TKO round 2.

Lightweight
Alan Omer (GER) beat Reydon Romero (PHI) submission 1.

Welterweight
Juho Valamaa (FIN) beat Ahmed Labban (LEB) by unanimous decision.

Featherweight
Elias Boudegzdame (ALG) beat Austin Arnett (USA) by unanimous decision.

Super heavyweight
Maciej Sosnowski (POL) beat Ibrahim El Sawi (EGY) by submission round 1.

Ferrari 12Cilindri specs

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Torque: 678Nm at 7,250rpm

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Blackpink World Tour [Born Pink] In Cinemas

Starring: Rose, Jisoo, Jennie, Lisa

Directors: Min Geun, Oh Yoon-Dong

Rating: 3/5

The National Archives, Abu Dhabi

Founded over 50 years ago, the National Archives collects valuable historical material relating to the UAE, and is the oldest and richest archive relating to the Arabian Gulf.

Much of the material can be viewed on line at the Arabian Gulf Digital Archive - https://www.agda.ae/en

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Tamkeen's offering
  • Option 1: 70% in year 1, 50% in year 2, 30% in year 3
  • Option 2: 50% across three years
  • Option 3: 30% across five years 
Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

7.

Singapore

8.

Australia

9.

Saudi Arabia

10.

South Korea

Updated: February 27, 2023, 9:49 AM