UAE Team Emirates' new Swiss rider Marc Hirschi. BettiniPhoto©2021
UAE Team Emirates' new Swiss rider Marc Hirschi. BettiniPhoto©2021
UAE Team Emirates' new Swiss rider Marc Hirschi. BettiniPhoto©2021
UAE Team Emirates' new Swiss rider Marc Hirschi. BettiniPhoto©2021

Marc Hirschi: I will be wearing the UAE flag with pride


  • English
  • Arabic

I wanted to be a professional cyclist ever since I was small. I started cycling because of my dad. Although not a professional, he was an avid rider himself and loved to cycle in his spare time. When I was younger, we spent a lot of time together out on the bike, and he taught me to love the sport. That is where it all started.

Now, I’m in my third season on the World Tour and my first with UAE Team Emirates having joined in January. Last year was difficult for everyone but following the lockdown and our return to cycling, I did really well. I won a stage at the Tour de France on my grand tour debut for Team Sunweb and won bronze in the world road championships.

This year I planned to start the season slowly and reach my full potential around about this time. I had just joined a new team, so it always takes some time to settle, and this was my first goal for the season. I’ve ticked that off now and feel at home thanks to the warm welcome I received.

Heading into the summer months, I've got one eye on the biggest race in the world, the Tour de France and hope to build on my stage win last year and perform well for the team this season. I was competing against Tadej [Pogacar] and watched his emphatic performance to take the victory last year. Now, I'm in the same squad as him and it will be an honour to compete in the Tour alongside him and the other UAE Team Emirates guys.

Marc Hirschi joined UAE Team Emirates in January. BettiniPhoto©2021
Marc Hirschi joined UAE Team Emirates in January. BettiniPhoto©2021

This year is also an Olympic year and Tokyo is a big focus for me. I’m super motivated for the Olympics road race and will be looking to emulate the success of my good friend, agent and compatriot, Fabian Cancellara, when he won two gold medals in the time trials.

Fabian is a hero for me and is much more than just an agent or a manager. He gives me a lot of advice and we work really well together – it always helps when we are from the same country (Switzerland). My first memory of him was in Peking where he won his first gold medal in the individual time trial and silver in the men’s road race at the summer Olympics in 2008.

Eight years later, he did it again and won gold in the individual time trial in Rio. He’s a big inspiration for me and I hope I’ll be able to achieve what he achieved in Tokyo.

________________________________________________

Pogacar wins Tour de France

  • UAE Team Emirates rider Tadej Pogacar of Slovenia, is seen wearing the overall leader's yellow jersey, and Deceuninck-Quick Step rider Sam Bennett of Ireland, wearing the green jersey, before the official start. REUTERS
    UAE Team Emirates rider Tadej Pogacar of Slovenia, is seen wearing the overall leader's yellow jersey, and Deceuninck-Quick Step rider Sam Bennett of Ireland, wearing the green jersey, before the official start. REUTERS
  • Slovenian rider Tadej Pogacar (L) of UAE-Team Emirates wearing the overall leader's yellow jersey and Irish rider Sam Bennett (R) of Deceuninck Quick-Step team wearing the best sprinter green jersey greet each other before the start of the 21th stage of the Tour de France cycling race over 122 km from Mantes la Jolie to Paris, France. EPA
    Slovenian rider Tadej Pogacar (L) of UAE-Team Emirates wearing the overall leader's yellow jersey and Irish rider Sam Bennett (R) of Deceuninck Quick-Step team wearing the best sprinter green jersey greet each other before the start of the 21th stage of the Tour de France cycling race over 122 km from Mantes la Jolie to Paris, France. EPA
  • Slovenia's Primoz Roglic, left, who lost his overall leader's yellow jersey to Slovenia's Tadej Pogacar, right, gets a hug during the twenty-first and last stage of the Tour de France cycling race over 122 kilometers (75.8 miles), from Mantes-La-Jolie to Paris, France. AP Photo
    Slovenia's Primoz Roglic, left, who lost his overall leader's yellow jersey to Slovenia's Tadej Pogacar, right, gets a hug during the twenty-first and last stage of the Tour de France cycling race over 122 kilometers (75.8 miles), from Mantes-La-Jolie to Paris, France. AP Photo
  • Italy's Elia Viviani wears a face mask reading "No To Racism" as he arrives for the start of the twenty-first and last stage of the Tour de France cycling race. AP Photo
    Italy's Elia Viviani wears a face mask reading "No To Racism" as he arrives for the start of the twenty-first and last stage of the Tour de France cycling race. AP Photo
  • Slovenian rider Tadej Pogacar of the UAE Team Emirates, bearer of the Yellow T-shirt waves from the podium before the start of the 21st and last stage of the Tour de France 2020 cycling race over 122km from Mantes-La-Jolie to Paris, France. EPA
    Slovenian rider Tadej Pogacar of the UAE Team Emirates, bearer of the Yellow T-shirt waves from the podium before the start of the 21st and last stage of the Tour de France 2020 cycling race over 122km from Mantes-La-Jolie to Paris, France. EPA
  • Team UAE Emirates rider Slovenia's Tadej Pogacar wearing the overall leader's yellow jersey attends the start of the 21st and last stage of the 107th edition of the Tour de France cycling race, 122 km between Mantes-la-Jolie and Champs Elysees Paris. AFP
    Team UAE Emirates rider Slovenia's Tadej Pogacar wearing the overall leader's yellow jersey attends the start of the 21st and last stage of the 107th edition of the Tour de France cycling race, 122 km between Mantes-la-Jolie and Champs Elysees Paris. AFP
  • Team UAE Emirates rider Slovenia's Tadej Pogacar wearing the overall leader's yellow jersey (3rd-L) and Team UAE Emirates riders ride during the 21st and last stage of the 107th edition of the Tour de France cycling race, 122 km between Mantes-la-Jolie and Champs Elysees Paris. AFP
    Team UAE Emirates rider Slovenia's Tadej Pogacar wearing the overall leader's yellow jersey (3rd-L) and Team UAE Emirates riders ride during the 21st and last stage of the 107th edition of the Tour de France cycling race, 122 km between Mantes-la-Jolie and Champs Elysees Paris. AFP
  • Team Jumbo rider Slovenia's Primoz Roglic waits prior to the 21st and last stage of the 107th edition of the Tour de France cycling race, 122 km between Mantes-la-Jolie and Champs Elysees Paris. AFP
    Team Jumbo rider Slovenia's Primoz Roglic waits prior to the 21st and last stage of the 107th edition of the Tour de France cycling race, 122 km between Mantes-la-Jolie and Champs Elysees Paris. AFP
  • Spectators watch the peloton passing by during the 21st stage of the Tour de France cycling race over 122 km from Mantes la Jolie to Paris, France. EPA
    Spectators watch the peloton passing by during the 21st stage of the Tour de France cycling race over 122 km from Mantes la Jolie to Paris, France. EPA
  • Slovenian rider Tadej Pogacar (2-nd L) of the UAE Team Emirates, flanked by teammates, wears the overall leader's yellow jersey as waiting for the start of the 21st and last stage of the Tour de France 2020 cycling race over 122km from Mantes-La-Jolie to Paris, France. EPA
    Slovenian rider Tadej Pogacar (2-nd L) of the UAE Team Emirates, flanked by teammates, wears the overall leader's yellow jersey as waiting for the start of the 21st and last stage of the Tour de France 2020 cycling race over 122km from Mantes-La-Jolie to Paris, France. EPA

________________________________________________

This year, I’m also focusing on the World Championships in September. Wearing the rainbow colours on my jersey for a full year would be amazing and is definitely a dream race for me. It would be incredible, and I hope I can achieve this someday in the next few years.

Away from racing, I like to spend time with my family, girlfriend and my friends at home. Just being able to relax with good people around me. Being at home with my loved ones helps me to ‘reload’ – something that is important amid  the stresses of being on the road for the majority of the year. It is hard being away for such a long time and being so far away but I love cycling and it makes me cherish the valuable time I have with them when I do come home.

I’d like to thank all the fans in the UAE for giving me such a warm welcome and I will be wearing the UAE flag with pride in my upcoming races. I hope that everyone has a fantastic Ramadan and is staying safe. See you all soon!

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

WHAT%20IS%20THE%20LICENSING%20PROCESS%20FOR%20VARA%3F
%3Cp%3EVara%20will%20cater%20to%20three%20categories%20of%20companies%20in%20Dubai%20(except%20the%20DIFC)%3A%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECategory%20A%3A%3C%2Fstrong%3E%20Minimum%20viable%20product%20(MVP)%20applicants%20that%20are%20currently%20in%20the%20process%20of%20securing%20an%20MVP%20licence%3A%20This%20is%20a%20three-stage%20process%20starting%20with%20%5B1%5D%20a%20provisional%20permit%2C%20graduating%20to%20%5B2%5D%20preparatory%20licence%20and%20concluding%20with%20%5B3%5D%20operational%20licence.%20Applicants%20that%20are%20already%20in%20the%20MVP%20process%20will%20be%20advised%20by%20Vara%20to%20either%20continue%20within%20the%20MVP%20framework%20or%20be%20transitioned%20to%20the%20full%20market%20product%20licensing%20process.%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECategory%20B%3A%3C%2Fstrong%3E%20Existing%20legacy%20virtual%20asset%20service%20providers%20prior%20to%20February%207%2C%202023%2C%20which%20are%20required%20to%20come%20under%20Vara%20supervision.%20All%20operating%20service%20proviers%20in%20Dubai%20(excluding%20the%20DIFC)%20fall%20under%20Vara%E2%80%99s%20supervision.%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECategory%20C%3A%3C%2Fstrong%3E%20New%20applicants%20seeking%20a%20Vara%20licence%20or%20existing%20applicants%20adding%20new%20activities.%20All%20applicants%20that%20do%20not%20fall%20under%20Category%20A%20or%20B%20can%20begin%20the%20application%20process%20through%20their%20current%20or%20prospective%20commercial%20licensor%20%E2%80%94%20the%20DET%20or%20Free%20Zone%20Authority%20%E2%80%94%20or%20directly%20through%20Vara%20in%20the%20instance%20that%20they%20have%20yet%20to%20determine%20the%20commercial%20operating%20zone%20in%20Dubai.%C2%A0%3C%2Fp%3E%0A
The specs

Engine: 2.0-litre 4-cyl turbo

Power: 247hp at 6,500rpm

Torque: 370Nm from 1,500-3,500rpm

Transmission: 10-speed auto

Fuel consumption: 7.8L/100km

Price: from Dh94,900

On sale: now

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%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3ERobert%20Lorenz%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Liam%20Neeson%2C%20Kerry%20Condon%2C%20Jack%20Gleeson%2C%20Ciaran%20Hinds%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E2%2F5%3C%2Fp%3E%0A

 

 

Tips to avoid getting scammed

1) Beware of cheques presented late on Thursday

2) Visit an RTA centre to change registration only after receiving payment

3) Be aware of people asking to test drive the car alone

4) Try not to close the sale at night

5) Don't be rushed into a sale 

6) Call 901 if you see any suspicious behaviour

UAE currency: the story behind the money in your pockets
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Short seller

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Short squeeze

Traders forced to buy a stock they are shorting 

Naked short

An illegal practice  

Infiniti QX80 specs

Engine: twin-turbocharged 3.5-liter V6

Power: 450hp

Torque: 700Nm

Price: From Dh450,000, Autograph model from Dh510,000

Available: Now

THE LOWDOWN

Photograph

Rating: 4/5

Produced by: Poetic License Motion Pictures; RSVP Movies

Director: Ritesh Batra

Cast: Nawazuddin Siddiqui, Sanya Malhotra, Farrukh Jaffar, Deepak Chauhan, Vijay Raaz

Company%C2%A0profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3Eamana%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2010%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Karim%20Farra%20and%20Ziad%20Aboujeb%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EUAE%3Cbr%3E%3Cstrong%3ERegulator%3A%20%3C%2Fstrong%3EDFSA%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinancial%20services%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%20%3C%2Fstrong%3E85%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3ESelf-funded%3Cbr%3E%3C%2Fp%3E%0A
COMPANY PROFILE

Company name: Blah

Started: 2018

Founder: Aliyah Al Abbar and Hend Al Marri

Based: Dubai

Industry: Technology and talent management

Initial investment: Dh20,000

Investors: Self-funded

Total customers: 40

TYPES%20OF%20ONLINE%20GIG%20WORK
%3Cp%3E%3Cstrong%3EDesign%2C%20multimedia%20and%20creative%20work%3A%20%3C%2Fstrong%3ELogo%20design%2C%20website%20design%2C%20visualisations%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBusiness%20and%20professional%20management%3A%20%3C%2Fstrong%3ELegal%20or%20management%20consulting%2C%20architecture%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBusiness%20and%20professional%20support%3A%20%3C%2Fstrong%3EResearch%20support%2C%20proofreading%2C%20bookkeeping%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ESales%20and%20marketing%20support%3A%20%3C%2Fstrong%3ESearch%20engine%20optimisation%2C%20social%20media%20marketing%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EData%20entry%2C%20administrative%2C%20and%20clerical%3A%20%3C%2Fstrong%3EData%20entry%20tasks%2C%20virtual%20assistants%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EIT%2C%20software%20development%20and%20tech%3A%20%3C%2Fstrong%3EData%20analyst%2C%20back-end%20or%20front-end%20developers%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EWriting%20and%20translation%3A%20%3C%2Fstrong%3EContent%20writing%2C%20ghost%20writing%2C%20translation%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EOnline%20microtasks%3A%20%3C%2Fstrong%3EImage%20tagging%2C%20surveys%3C%2Fp%3E%0A%3Cp%3E%3Cem%3ESource%3A%20World%20Bank%3C%2Fem%3E%3C%2Fp%3E%0A
Super%20Mario%20Bros%20Wonder
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The 12 Syrian entities delisted by UK 

Ministry of Interior
Ministry of Defence
General Intelligence Directorate
Air Force Intelligence Agency
Political Security Directorate
Syrian National Security Bureau
Military Intelligence Directorate
Army Supply Bureau
General Organisation of Radio and TV
Al Watan newspaper
Cham Press TV
Sama TV

MATCH INFO

Rugby World Cup (all times UAE)

Final: England v South Africa, Saturday, 1pm

Quick%20facts
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Veere di Wedding
Dir: Shashanka Ghosh
Starring: Kareena Kapoo-Khan, Sonam Kapoor, Swara Bhaskar and Shikha Talsania ​​​​​​​
Verdict: 4 Stars

Film: In Syria
Dir: Philippe Van Leeuw
Starring: Hiam Abbass, Diamand Bo Abboud, Mohsen Abbas and Juliette Navis
Verdict: Four stars