Dana White has confirmed that Khabib Nurmagomedov will definitely not be fighting at this month’s UFC 249, saying a full card will be announced on Monday.
The UFC president was responding on Sunday to a parody Twitter account, which claimed he had an agreement in place with Russian president Vladimir Putin to fly Nurmagomedov to the United States so he could face Tony Ferguson on April 18. The undefeated lightweight champion is currently in his native Dagestan.
Nurmagomedov and Ferguson had been set to headline UFC 249, which was originally slated for the Barclays Center in Brooklyn. However, the event was moved because of the coronavirus outbreak. No new location has been confirmed.
Last week, Nurmagomedov suggested he was out of the fight since he was stranded in Russia because of travel restrictions imposed to limit the spread of the pandemic. He later backtracked to say he would indeed face Ferguson - should a viable venue be announced.
Yet, replying on Sunday to claims Nurmagomedov would be soon on his way to the US, White said: "Absolutely not true!!! The card is happening but @TeamKhabib is out. I will announce the entire card tomorrow."
A report in ESPN early Monday said the UFC was closing in on a location for UFC 249 and hoped to finalise it in the coming days, with somewhere on the west coast of the US most likely.
It is understood Ferguson will meet Justin Gaethje in the headline bout, although the former, the division’s No 1-ranked challenger, is yet to sign off on the fight.
ESPN also reported that the UFC plans to hold multiple events at the same location during the three weeks following UFC 249. Last month, the promotion had to cancel a trio of shows leading up to April 18 because of the coronavirus.
Abu Dhabi had been discussed as a possible destination for Nurmagomedov-Ferguson, with Nurmagomedov saying last week he had originally been told by White that the rescheduled clash would "99 per cent" take place in the UAE capital.
Despite heavy criticism for attempting to put on UFC 249 during a pandemic, White has remained adamant it would still go ahead.
Last month, he told The National: "We do not have a location set for UFC 249. I'm focused all day every day to find a venue. Everywhere is an option for this massive fight including international locations or potentially Las Vegas. It's my only priority to find a location. This fight will happen."
____________________
Khabib makes triumphant return at UFC 242
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Khabib Nurmagomedov after his win over Dustin Poirier in the main event at UFC 242 in Abu Dhabi. Chris Whiteoak / The National -

Lightweight title bout between Khabib Nurmagomedov (black shorts, winner) and Dustin Poirier in the main event at UFC 242. Chris Whiteoak / The National -

Lightweight title bout between Khabib Nurmagomedov (black shorts, winner) and Dustin Poirier in the main event at UFC 242. Chris Whiteoak / The National -

The crowd cheer at UFC 242. Chris Whiteoak / The National -

Lightweight title bout between Khabib Nurmagomedov (black shorts, winner) and Dustin Poirier in the main event at UFC 242. Chris Whiteoak / The National -

Lightweight title bout between Khabib Nurmagomedov (black shorts, winner) and Dustin Poirier in the main event at UFC 242. Chris Whiteoak / The National -

Lightweight title bout between Khabib Nurmagomedov (black shorts, winner) and Dustin Poirier in the main event at UFC 242. Chris Whiteoak / The National -

Lightweight title bout between Khabib Nurmagomedov (black shorts, winner) and Dustin Poirier in the main event at UFC 242. Chris Whiteoak / The National -

Lightweight bout between Fares Ziam (blue shorts) and Don Madge (winner) in the Early Prelims at UFC 242. Chris Whiteoak / The National -

Lightweight bout between Fares Ziam (blue shorts) and Don Madge in the Early Prelims at UFC 242. Chris Whiteoak / The National -

Lightweight bout between Fares Ziam (blue shorts) and Don Madge in the Early Prelims at UFC 242. Chris Whiteoak / The National -

A middleweight bout between Omari Akhmedov (red shorts) and Zak Cummings during the early matches of UFC 242. Chris Whiteoak / The National -

A middleweight bout between Omari Akhmedov (red shorts) and Zak Cummings during the early matches of UFC 242. Chris Whiteoak / The National -

Middleweight bout between Omari Akhmedov (red shorts, Winner) and Zak Cummings in the Early Prelims at UFC 242. Chris Whiteoak / The National -

Welterweight bout between Nordine Taleb and Muslim Salikhov (grey shorts, winner) in the Early Prelims at UFC 242. Chris Whiteoak / The National -

Welterweight bout between Nordine Taleb and Muslim Salikhov (grey shorts, winner) in the Early Prelims at UFC 242. Chris Whiteoak / The National -

Welterweight bout between Nordine Taleb and Muslim Salikhov (grey shorts, winner) in the Early Prelims at UFC 242. Chris Whiteoak / The National -

Welterweight bout between Belal Muhammad (green shorts) and Takashi Satō in the early matches at UFC 242. Chris Whiteoak / The National -

Welterweight bout between Belal Muhammad (green shorts, winner) and Takashi Satō in the Early Prelims at UFC 242. Chris Whiteoak / The National -

Welterweight bout between Belal Muhammad (green shorts, winner) and Takashi Satō in the Early Prelims at UFC 242. Chris Whiteoak / The National -

Abu Dhabi, United Arab Emirates - September 07, 2019: Welterweight bout between Belal Muhammad (green shorts, winner) and Takashi Satō in the Early Prelims at UFC 242. Saturday the 7th of September 2019. Yas Island, Abu Dhabi. Chris Whiteoak / The National -

Abu Dhabi, United Arab Emirates - September 07, 2019: Lightweight bout between Teemu Packalen and Ottman Azaitar (black shorts, winner) in the Prelims at UFC 242. Saturday the 7th of September 2019. Yas Island, Abu Dhabi. Chris Whiteoak / The National -

Abu Dhabi, United Arab Emirates - September 07, 2019: Lightweight bout between Teemu Packalen and Ottman Azaitar (black shorts, winner) in the Prelims at UFC 242. Saturday the 7th of September 2019. Yas Island, Abu Dhabi. Chris Whiteoak / The National -

Abu Dhabi, United Arab Emirates - September 07, 2019: Welterweight bout between Belal Muhammad (green shorts, winner) and Takashi Satō in the Early Prelims at UFC 242. Saturday the 7th of September 2019. Yas Island, Abu Dhabi. Chris Whiteoak / The National -

Abu Dhabi, United Arab Emirates - September 07, 2019: Lightweight bout between Teemu Packalen and Ottman Azaitar (black shorts, winner) in the Prelims at UFC 242. Saturday the 7th of September 2019. Yas Island, Abu Dhabi. Chris Whiteoak / The National -

Abu Dhabi, United Arab Emirates - September 07, 2019: Lightweight bout between Teemu Packalen and Ottman Azaitar (black shorts, winner) in the Prelims at UFC 242. Saturday the 7th of September 2019. Yas Island, Abu Dhabi. Chris Whiteoak / The National -

Abu Dhabi, United Arab Emirates - September 07, 2019: Lightweight bout between Teemu Packalen and Ottman Azaitar (black shorts, winner) in the Prelims at UFC 242. Saturday the 7th of September 2019. Yas Island, Abu Dhabi. Chris Whiteoak / The National -

Abu Dhabi, United Arab Emirates - September 07, 2019: Women's bantamweight bout between Sarah Moras (black shorts, winner) and Liana Jojua in the Prelims at UFC 242. Saturday the 7th of September 2019. Yas Island, Abu Dhabi. Chris Whiteoak / The National -

Abu Dhabi, United Arab Emirates - September 07, 2019: Women's bantamweight bout between Sarah Moras (black shorts, winner) and Liana Jojua in the Prelims at UFC 242. Saturday the 7th of September 2019. Yas Island, Abu Dhabi. Chris Whiteoak / The National -

Abu Dhabi, United Arab Emirates - September 07, 2019: Women's bantamweight bout between Sarah Moras (black shorts, winner) and Liana Jojua in the Prelims at UFC 242. Saturday the 7th of September 2019. Yas Island, Abu Dhabi. Chris Whiteoak / The National -

Sarah Moras made history by winning the first ever female UFC fight in Abu Dhabi. Chris Whiteoak / The National -

Abu Dhabi, United Arab Emirates - September 07, 2019: Women's bantamweight bout between Sarah Moras (black shorts, winner) and Liana Jojua in the Prelims at UFC 242. Saturday the 7th of September 2019. Yas Island, Abu Dhabi. Chris Whiteoak / The National -

Abu Dhabi, United Arab Emirates - September 07, 2019: Featherweight bout between Lerone Murphy (red shorts, draw) and Zubaira Tukhugov in the Prelims at UFC 242. Saturday the 7th of September 2019. Yas Island, Abu Dhabi. Chris Whiteoak / The National -

Abu Dhabi, United Arab Emirates - September 07, 2019: The Arena. Women's bantamweight bout between Sarah Moras (black shorts, winner) and Liana Jojua in the Prelims at UFC 242. Saturday the 7th of September 2019. Yas Island, Abu Dhabi. Chris Whiteoak / The National -

Abu Dhabi, United Arab Emirates - September 07, 2019: Featherweight bout between Lerone Murphy (red shorts, draw) and Zubaira Tukhugov in the Prelims at UFC 242. Saturday the 7th of September 2019. Yas Island, Abu Dhabi. Chris Whiteoak / The National -

Abu Dhabi, United Arab Emirates - September 07, 2019: UAE jiu-jitsu fighter Faisal Al Ketbi. Women's bantamweight bout between Sarah Moras (black shorts, winner) and Liana Jojua in the Prelims at UFC 242. Saturday the 7th of September 2019. Yas Island, Abu Dhabi. Chris Whiteoak / The National -

Abu Dhabi, United Arab Emirates - September 07, 2019: Featherweight bout between Lerone Murphy (red shorts, draw) and Zubaira Tukhugov in the Prelims at UFC 242. Saturday the 7th of September 2019. Yas Island, Abu Dhabi. Chris Whiteoak / The National -

Abu Dhabi, United Arab Emirates - September 07, 2019: Women's Flyweight bout between Joanne Calderwood (blue shorts, winner) and Andrea Lee in the Prelims at UFC 242. Saturday the 7th of September 2019. Yas Island, Abu Dhabi. Chris Whiteoak / The National -

Abu Dhabi, United Arab Emirates - September 07, 2019: Women's Flyweight bout between Joanne Calderwood (blue shorts, winner) and Andrea Lee in the Prelims at UFC 242. Saturday the 7th of September 2019. Yas Island, Abu Dhabi. Chris Whiteoak / The National -

Abu Dhabi, United Arab Emirates - September 07, 2019: General sec of Abu Dhabi Sports council Aref Al Awani. Women's Flyweight bout between Joanne Calderwood (blue shorts, winner) and Andrea Lee in the Prelims at UFC 242. Saturday the 7th of September 2019. Yas Island, Abu Dhabi. Chris Whiteoak / The National -

Abu Dhabi, United Arab Emirates - September 07, 2019: Women's Flyweight bout between Joanne Calderwood (blue shorts, winner) and Andrea Lee in the Prelims at UFC 242. Saturday the 7th of September 2019. Yas Island, Abu Dhabi. Chris Whiteoak / The National -

Abu Dhabi, United Arab Emirates - September 07, 2019: The Arena. Women's bantamweight bout between Sarah Moras (black shorts, winner) and Liana Jojua in the Prelims at UFC 242. Saturday the 7th of September 2019. Yas Island, Abu Dhabi. Chris Whiteoak / The National -

Abu Dhabi, United Arab Emirates - September 07, 2019: Fight fans take pics. Welterweight bout between Belal Muhammad and Takashi Satō in the Early Prelims at UFC 242. Saturday the 7th of September 2019. Yas Island, Abu Dhabi. Chris Whiteoak / The National -

Abu Dhabi, United Arab Emirates - September 07, 2019: Lightweight bout between Mairbek Taisumov and Diego Ferreira (yellow shorts, winner) in the Main card at UFC 242. Saturday the 7th of September 2019. Yas Island, Abu Dhabi. Chris Whiteoak / The National -

Abu Dhabi, United Arab Emirates - September 07, 2019: Lightweight bout between Mairbek Taisumov and Diego Ferreira (yellow shorts, winner) in the Main card at UFC 242. Saturday the 7th of September 2019. Yas Island, Abu Dhabi. Chris Whiteoak / The National -

Abu Dhabi, United Arab Emirates - September 07, 2019: Lightweight bout between Mairbek Taisumov and Diego Ferreira (yellow shorts, winner) in the Main card at UFC 242. Saturday the 7th of September 2019. Yas Island, Abu Dhabi. Chris Whiteoak / The National -

Abu Dhabi, United Arab Emirates - September 07, 2019: Lightweight bout between Mairbek Taisumov and Diego Ferreira (yellow shorts, winner) in the Main card at UFC 242. Saturday the 7th of September 2019. Yas Island, Abu Dhabi. Chris Whiteoak / The National -

Abu Dhabi, United Arab Emirates - September 07, 2019: Heavyweight bout between Curtis Blaydes (black shorts, winner) and Shamil Abdurakhimov in the Main card at UFC 242. Saturday the 7th of September 2019. Yas Island, Abu Dhabi. Chris Whiteoak / The National -

Abu Dhabi, United Arab Emirates - September 07, 2019: Heavyweight bout between Curtis Blaydes (black shorts, winner) and Shamil Abdurakhimov in the Main card at UFC 242. Saturday the 7th of September 2019. Yas Island, Abu Dhabi. Chris Whiteoak / The National -

Abu Dhabi, United Arab Emirates - September 07, 2019: Heavyweight bout between Curtis Blaydes (black shorts, winner) and Shamil Abdurakhimov in the Main card at UFC 242. Saturday the 7th of September 2019. Yas Island, Abu Dhabi. Chris Whiteoak / The National -

Abu Dhabi, United Arab Emirates - September 07, 2019: Fight Fans. Heavyweight bout between Curtis Blaydes and Shamil Abdurakhimov in the Main card at UFC 242. Saturday the 7th of September 2019. Yas Island, Abu Dhabi. Chris Whiteoak / The National -

Abu Dhabi, United Arab Emirates - September 07, 2019: Heavyweight bout between Curtis Blaydes (black shorts, winner) and Shamil Abdurakhimov in the Main card at UFC 242. Saturday the 7th of September 2019. Yas Island, Abu Dhabi. Chris Whiteoak / The National -

Abu Dhabi, United Arab Emirates - September 07, 2019: Heavyweight bout between Curtis Blaydes (black shorts, winner) and Shamil Abdurakhimov in the Main card at UFC 242. Saturday the 7th of September 2019. Yas Island, Abu Dhabi. Chris Whiteoak / The National -

Abu Dhabi, United Arab Emirates - September 07, 2019: Lightweight bout between Davi Ramos and Islam Makhachev (red shorts, winner) in the Main card at UFC 242. Saturday the 7th of September 2019. Yas Island, Abu Dhabi. Chris Whiteoak / The National -

Abu Dhabi, United Arab Emirates - September 07, 2019: Lightweight bout between Davi Ramos and Islam Makhachev (red shorts, winner) in the Main card at UFC 242. Saturday the 7th of September 2019. Yas Island, Abu Dhabi. Chris Whiteoak / The National -

Abu Dhabi, United Arab Emirates - September 07, 2019: Fight fans. Lightweight bout between Davi Ramos and Islam Makhachev (red shorts, winner) in the Main card at UFC 242. Saturday the 7th of September 2019. Yas Island, Abu Dhabi. Chris Whiteoak / The National -

Abu Dhabi, United Arab Emirates - September 07, 2019: Lightweight bout between Davi Ramos and Islam Makhachev (red shorts, winner) in the Main card at UFC 242. Saturday the 7th of September 2019. Yas Island, Abu Dhabi. Chris Whiteoak / The National -

Abu Dhabi, United Arab Emirates - September 07, 2019: Lightweight bout between Davi Ramos and Islam Makhachev (red shorts, winner) in the Main card at UFC 242. Saturday the 7th of September 2019. Yas Island, Abu Dhabi. Chris Whiteoak / The National -

Abu Dhabi, United Arab Emirates - September 07, 2019: Lightweight bout between Davi Ramos and Islam Makhachev (red shorts, winner) in the Main card at UFC 242. Saturday the 7th of September 2019. Yas Island, Abu Dhabi. Chris Whiteoak / The National -

Abu Dhabi, United Arab Emirates - September 07, 2019: Lightweight bout between Edson Barboza and Paul Felder (blue shorts, winner) in the Main card at UFC 242. Saturday the 7th of September 2019. Yas Island, Abu Dhabi. Chris Whiteoak / The National -

Abu Dhabi, United Arab Emirates - September 07, 2019: Lightweight title bout between Khabib Nurmagomedov (black shorts, winner) and Dustin Poirier in the main event at UFC 242. Saturday the 7th of September 2019. Yas Island, Abu Dhabi. Chris Whiteoak / The National -

Abu Dhabi, United Arab Emirates - September 07, 2019: Lightweight bout between Edson Barboza and Paul Felder (blue shorts, winner) in the Main card at UFC 242. Saturday the 7th of September 2019. Yas Island, Abu Dhabi. Chris Whiteoak / The National -

Abu Dhabi, United Arab Emirates - September 07, 2019: Lightweight bout between Edson Barboza and Paul Felder (blue shorts, winner) in the Main card at UFC 242. Saturday the 7th of September 2019. Yas Island, Abu Dhabi. Chris Whiteoak / The National -

Abu Dhabi, United Arab Emirates - September 07, 2019: Lightweight bout between Edson Barboza and Paul Felder (blue shorts, winner) in the Main card at UFC 242. Saturday the 7th of September 2019. Yas Island, Abu Dhabi. Chris Whiteoak / The National
Adele: The Stories Behind The Songs
Caroline Sullivan
Carlton Books
COMPANY PROFILE
● Company: Bidzi
● Started: 2024
● Founders: Akshay Dosaj and Asif Rashid
● Based: Dubai, UAE
● Industry: M&A
● Funding size: Bootstrapped
● No of employees: Nine
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.”
Leading all-time NBA scorers
Kareem Abdul-Jabbar 38,387
Karl Malone 36,928
Kobe Bryant 33,643
Michael Jordan 32,292
LeBron James 31,425
Wilt Chamberlain 31,419
While you're here
Chitrabhanu Kadalayil: Singapore election is more than just a family feud over LKY's legacy
Sholto Byrnes: Robert Mugabe and Lee Kuan Yew: two leaders with very different legacies
Dr Vivian Balakrishnan: UAE and Singapore can be partners for a world in transition
Nick March: Singapore and UAE are on the move – in airport development
Which honey takes your fancy?
Al Ghaf Honey
The Al Ghaf tree is a local desert tree which bears the harsh summers with drought and high temperatures. From the rich flowers, bees that pollinate this tree can produce delicious red colour honey in June and July each year
Sidr Honey
The Sidr tree is an evergreen tree with long and strong forked branches. The blossom from this tree is called Yabyab, which provides rich food for bees to produce honey in October and November. This honey is the most expensive, but tastiest
Samar Honey
The Samar tree trunk, leaves and blossom contains Barm which is the secret of healing. You can enjoy the best types of honey from this tree every year in May and June. It is an historical witness to the life of the Emirati nation which represents the harsh desert and mountain environments
World record transfers
1. Kylian Mbappe - to Real Madrid in 2017/18 - €180 million (Dh770.4m - if a deal goes through)
2. Paul Pogba - to Manchester United in 2016/17 - €105m
3. Gareth Bale - to Real Madrid in 2013/14 - €101m
4. Cristiano Ronaldo - to Real Madrid in 2009/10 - €94m
5. Gonzalo Higuain - to Juventus in 2016/17 - €90m
6. Neymar - to Barcelona in 2013/14 - €88.2m
7. Romelu Lukaku - to Manchester United in 2017/18 - €84.7m
8. Luis Suarez - to Barcelona in 2014/15 - €81.72m
9. Angel di Maria - to Manchester United in 2014/15 - €75m
10. James Rodriguez - to Real Madrid in 2014/15 - €75m
David Haye record
Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4
Most sought after workplace benefits in the UAE
- Flexible work arrangements
- Pension support
- Mental well-being assistance
- Insurance coverage for optical, dental, alternative medicine, cancer screening
- Financial well-being incentives
While you're here
'The Predator'
Dir: Shane Black
Starring: Olivia Munn, Boyd Holbrook, Keegan-Michael Key
Two and a half stars
COMPANY%20PROFILE
Key figures in the life of the fort
Sheikh Dhiyab bin Isa (ruled 1761-1793) Built Qasr Al Hosn as a watchtower to guard over the only freshwater well on Abu Dhabi island.
Sheikh Shakhbut bin Dhiyab (ruled 1793-1816) Expanded the tower into a small fort and transferred his ruling place of residence from Liwa Oasis to the fort on the island.
Sheikh Tahnoon bin Shakhbut (ruled 1818-1833) Expanded Qasr Al Hosn further as Abu Dhabi grew from a small village of palm huts to a town of more than 5,000 inhabitants.
Sheikh Khalifa bin Shakhbut (ruled 1833-1845) Repaired and fortified the fort.
Sheikh Saeed bin Tahnoon (ruled 1845-1855) Turned Qasr Al Hosn into a strong two-storied structure.
Sheikh Zayed bin Khalifa (ruled 1855-1909) Expanded Qasr Al Hosn further to reflect the emirate's increasing prominence.
Sheikh Shakhbut bin Sultan (ruled 1928-1966) Renovated and enlarged Qasr Al Hosn, adding a decorative arch and two new villas.
Sheikh Zayed bin Sultan (ruled 1966-2004) Moved the royal residence to Al Manhal palace and kept his diwan at Qasr Al Hosn.
Sources: Jayanti Maitra, www.adach.ae
RESULTS
6.30pm Handicap (TB) $68,000 (Dirt) 1,200m
Winner Canvassed, Par Dobbs (jockey), Doug Watson (trainer)
7.05pm Meydan Cup – Listed Handicap (TB) $88,000 (Turf) 2,810m
Winner Dubai Future, Frankie Dettori, Saeed bin Suroor
7.40pm UAE 2000 Guineas – Group 3 (TB) $125,000 (D) 1,600m
Winner Mouheeb, Ryan Curatolo, Nicholas Bachalard
8.15pm Firebreak Stakes – Group 3 (TB) $130,000 (D) 1,600m
Winner Secret Ambition, Tadhg O’Shea, Satish Seemar
9.50pm Meydan Classic – Conditions (TB) $$50,000 (T) 1,400m
Winner Topper Bill, Richard Mullen, Satish Seemar
9.25pm Dubai Sprint – Listed Handicap (TB) $88,000 (T) 1,200m
Winner Man Of Promise, William Buick, Charlie Appleby
COMPANY%20PROFILE
Results:
CSIL 2-star 145cm One Round with Jump-Off
1. Alice Debany Clero (USA) on Amareusa S 38.83 seconds
2. Anikka Sande (NOR) For Cash 2 39.09
3. Georgia Tame (GBR) Cash Up 39.42
4. Nadia Taryam (UAE) Askaria 3 39.63
5. Miriam Schneider (GER) Fidelius G 47.74
KILLING OF QASSEM SULEIMANI
National Editorial: Suleimani has been killed, now we must de-escalate
Mina Al Oraibi: Air strike casts a long shadow over the decade ahead
Jack Moore: Why the assassination is such a monumental gamble
Matthew Levitt: Iran retains its ability to launch terror attacks
Damien McElroy: A CEO tasked with spreading Iran's influence
Hussein Ibish: Trump's order on solid constitutional ground
Simon Waldman: Cautious Israel keeping a low profile
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
SPEC%20SHEET
COMPANY%20PROFILE
Fourth Arab Economic and Social Development Summit
As he spoke, Mr Aboul Gheit repeatedly referred to the need to tackle issues affecting the welfare of people across the region both in terms of preventing conflict and in pushing development.
Lebanon is scheduled to host the fourth Arab Economic and Social Development Summit in January that will see regional leaders gather to tackle the challenges facing the Middle East. The last such summit was held in 2013. Assistant Secretary-General Hossam Zaki told The National that the Beirut Summit “will be an opportunity for Arab leaders to discuss solely economic and social issues, the conference will not focus on political concerns such as Palestine, Syria or Libya". He added that its slogan will be “the individual is at the heart of development”, adding that it will focus on all elements of human capital.
more from Janine di Giovanni
While you're here
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Mobile phone packages comparison
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Killing of Qassem Suleimani
National Editorial: Suleimani has been killed, now we must de-escalate
Mina Al Oraibi: Air strike casts a long shadow over the decade ahead
Jack Moore: Why the assassination is such a monumental gamble
Matthew Levitt: Iran retains its ability to launch terror attacks
Damien McElroy: A CEO tasked with spreading Iran's influence
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Marathon results
Men:
1. Titus Ekiru(KEN) 2:06:13
2. Alphonce Simbu(TAN) 2:07:50
3. Reuben Kipyego(KEN) 2:08:25
4. Abel Kirui(KEN) 2:08:46
5. Felix Kemutai(KEN) 2:10:48
Women:
1. Judith Korir(KEN) 2:22:30
2. Eunice Chumba(BHR) 2:26:01
3. Immaculate Chemutai(UGA) 2:28:30
4. Abebech Bekele(ETH) 2:29:43
5. Aleksandra Morozova(RUS) 2:33:01
Groom and Two Brides
Director: Elie Semaan
Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla
Rating: 3/5


