Dale Steyn, left, took four Australia wickets on Day 4 of the second Test at Port Elizabeth. Themba Hadebe / AP Photo
Dale Steyn, left, took four Australia wickets on Day 4 of the second Test at Port Elizabeth. Themba Hadebe / AP Photo
Dale Steyn, left, took four Australia wickets on Day 4 of the second Test at Port Elizabeth. Themba Hadebe / AP Photo
Dale Steyn, left, took four Australia wickets on Day 4 of the second Test at Port Elizabeth. Themba Hadebe / AP Photo

Steyn spell swung match South Africa’s way, says Clarke


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PORT ELIZABETH, South Africa // Michael Clarke, the Australia captain, paid tribute to a great spell of fast reverse swing bowling by South Africa’s Dale Steyn after his side were bundled to defeat on the fourth day of the second Test at St George’s Park on Sunday.

South Africa bowled out Australia for 216 to win by 231 runs, setting up a series decider in the third and final Test in Cape Town, starting on Saturday.

Australia lost nine wickets after tea, with Steyn claiming four of the wickets, including that of Clarke for one.

“We were outplayed with both bat and ball,” Clarke admitted.

He said the key was the fast reverse swing bowling of all three South African pacemen but he singled out Steyn for special praise.

“You’ve seen a class bowler bowling consistently at 140-145ks (kilometres per hour), executing his skills as well as you will see in international cricket.”

In contrast, the Australian bowlers were unable to get any reverse swing, he acknowledged.

Set 448 to win, Australia seemed to be cruising at 141 for one at tea after Chris Rogers and David Warner had put on 126 for the first wicket, scoring at more than four runs an over.

Once the wickets started to fall, Rogers fought a lone battle before being ninth man out, run out for 107.

“We knew the best time to bat in the second innings was against the new ball,” Clarke said.

“We knew the hardest period was going to be once the ball got old and batsmen had to start their innings against reverse swing.”

Graeme Smith, the South Africa captain, said the turnaround after a 281-run defeat in the first Test at Centurion was a tribute to the resilience of his players.

“The week building up was a tough week for us. We needed to be smart, we needed to be clinical. We needed good ideas as to how we were going to respond. I don’t think many teams would have been able to respond from a defeat like we tasted.”

Smith said the match had been set up by a solid first innings of 423, followed by good bowling. “The intensity we showed with the ball in both innings was really impressive on a wicket which didn’t offer that much.”

Steyn’s sensational post-tea spell came after he appealed vociferously for a catch behind when Rogers was on 69 in the over before tea.

With the St George’s Park band in full swing, the slip cordon didn’t hear what replays showed to be a faint edge and South Africa did not seek a review when Rogers was given not out.

Asked how angry Steyn had been after the missed opportunity, Smith quipped: “I think he goes from being very angry to extremely angry most of the time when he is bowling. We always know that Dale is one spell away from creating something for us. It’s great to see when the game is on the line that he can respond like that.”

Part-time off-spinner JP Duminy made the breakthrough when he trapped Warner leg before wicket for a sparkling 66, made off 73 balls.

South Africa took four top order wickets for four runs after tea to swing the game in their favour, with Alex Doolan, Shaun Marsh, Clarke and Steve Smith falling for 5, 0, 1 and 0 respectively.

Marsh was out first ball to Vernon Philander to complete a “pair”.

Ten runs later, Steyn’s fast reverse swing sent Brad Haddin’s middle stump flying. Mitchell Johnson stayed long enough to see Rogers to his century but became a fourth lbw victim.

Rogers, who scored only ten runs in his first three innings of the series, looked in good touch from the start of his innings, taking advantage of some over-pitched deliveries early on and almost keeping pace with Warner during what was easily the most productive opening partnership by either side during the series.

With Australia seven down, South Africa claimed the extra half hour available if a result was likely and took the last three wickets with a possible 14 balls remaining.

South Africa were without injured left-arm fast-medium bowler Wayne Parnell but Smith juggled his bowlers well and made good use of his part-time spinners.

Hashim Amla completed his 21st Test century – and his fifth against Australia – and finished on 127 not out when Smith declared at 270 for five. South Africa added 78 runs in 17 overs on Sunday.

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Price, base / as tested Dh1,470,000 (est)
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SERIES INFO

Afghanistan v Zimbabwe, Abu Dhabi Sunshine Series

All matches at the Zayed Cricket Stadium, Abu Dhabi

Test series

1st Test: Zimbabwe beat Afghanistan by 10 wickets
2nd Test: Wednesday, 10 March – Sunday, 14 March

Play starts at 9.30am

T20 series

1st T20I: Wednesday, 17 March
2nd T20I: Friday, 19 March
3rd T20I: Saturday, 20 March

TV
Supporters in the UAE can watch the matches on the Rabbithole channel on YouTube

Fund-raising tips for start-ups

Develop an innovative business concept

Have the ability to differentiate yourself from competitors

Put in place a business continuity plan after Covid-19

Prepare for the worst-case scenario (further lockdowns, long wait for a vaccine, etc.) 

Have enough cash to stay afloat for the next 12 to 18 months

Be creative and innovative to reduce expenses

Be prepared to use Covid-19 as an opportunity for your business

* Tips from Jassim Al Marzooqi and Walid Hanna

COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
Tamkeen's offering
  • Option 1: 70% in year 1, 50% in year 2, 30% in year 3
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Various Artists 
Habibi Funk: An Eclectic Selection Of Music From The Arab World (Habibi Funk)
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Racecard
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Dialysis is a way of cleaning your blood when your kidneys fail and can no longer do the job.

It gets rid of your body's wastes, extra salt and water, and helps to control your blood pressure. The main cause of kidney failure is diabetes and hypertension.

There are two kinds of dialysis — haemodialysis and peritoneal.

In haemodialysis, blood is pumped out of your body to an artificial kidney machine that filter your blood and returns it to your body by tubes.

In peritoneal dialysis, the inside lining of your own belly acts as a natural filter. Wastes are taken out by means of a cleansing fluid which is washed in and out of your belly in cycles.

It isn’t an option for everyone but if eligible, can be done at home by the patient or caregiver. This, as opposed to home haemodialysis, is covered by insurance in the UAE.

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4.30pm – The Boxtones

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7pm – Step On DJs

8pm – Richard Ashcroft

9.30pm – Chris Wright

10pm – Fatboy Slim

11pm – Hollaphonic

 

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Spending an excessive amount of time on the phone.

Neglecting personal, social, or academic responsibilities.

Losing interest in other activities or hobbies that were once enjoyed.

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Teenagers: Encourage a balanced approach – screens should not replace sleep, exercise, or face-to-face socialisation.

Source: American Paediatric Association
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

UAE currency: the story behind the money in your pockets
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Name: Peter Dicce

Title: Assistant dean of students and director of athletics

Favourite sport: soccer

Favourite team: Bayern Munich

Favourite player: Franz Beckenbauer

Favourite activity in Abu Dhabi: scuba diving in the Northern Emirates 

 

Essentials

The flights
Emirates, Etihad and Malaysia Airlines all fly direct from the UAE to Kuala Lumpur and on to Penang from about Dh2,300 return, including taxes. 
 

Where to stay
In Kuala Lumpur, Element is a recently opened, futuristic hotel high up in a Norman Foster-designed skyscraper. Rooms cost from Dh400 per night, including taxes. Hotel Stripes, also in KL, is a great value design hotel, with an infinity rooftop pool. Rooms cost from Dh310, including taxes. 


In Penang, Ren i Tang is a boutique b&b in what was once an ancient Chinese Medicine Hall in the centre of Little India. Rooms cost from Dh220, including taxes.
23 Love Lane in Penang is a luxury boutique heritage hotel in a converted mansion, with private tropical gardens. Rooms cost from Dh400, including taxes. 
In Langkawi, Temple Tree is a unique architectural villa hotel consisting of antique houses from all across Malaysia. Rooms cost from Dh350, including taxes.

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Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

A Long Way Home by Peter Carey
Faber & Faber

Fixtures

Friday Leganes v Alaves, 10.15pm; Valencia v Las Palmas, 12.15am

Saturday Celta Vigo v Real Sociedad, 8.15pm; Girona v Atletico Madrid, 10.15pm; Sevilla v Espanyol, 12.15am

Sunday Athletic Bilbao v Getafe, 8.15am; Barcelona v Real Betis, 10.15pm; Deportivo v Real Madrid, 12.15am

Monday Levante v Villarreal, 10.15pm; Malaga v Eibar, midnight

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

WOMAN AND CHILD

Director: Saeed Roustaee

Starring: Parinaz Izadyar, Payman Maadi

Rating: 4/5