Richard Hughes riding Strong Suit to the win in the Burj Khalifa Challenge Stakes at Newmarket.
Richard Hughes riding Strong Suit to the win in the Burj Khalifa Challenge Stakes at Newmarket.
Richard Hughes riding Strong Suit to the win in the Burj Khalifa Challenge Stakes at Newmarket.
Richard Hughes riding Strong Suit to the win in the Burj Khalifa Challenge Stakes at Newmarket.

Strong Suit lays down the gauntlet to Goldikova


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Newmarket // The Future Champions Day card was sponsored entirely by Dubai on Saturday, but it was Qatar that muscled in on the action when Strong Suit won the Burj Khalifa Challenge Stakes to set up a trip to next month's Breeders' Cup meeting.

The three-year-old colt, owned by Sheikh Fahad Al Thani, took the Group 2 contest in commanding style and will be sent to Churchill Downs by the trainer Richard Hannon in a bid to deny Goldikova a historic fourth victory in the Breeders' Cup Mile.

Goldikova has held a firm grip over the mile division for the past three years, beating Hannon's Paco Boy and Dick Turpin a total of six times combined.

Hannon finally got the measure of the legendary mare when Canford Cliffs finished a length ahead at Royal Ascot in June and, after the defeat to Dream Ahead at Longchamp last weekend, her reputation is beginning to tarnish.

Goldikova beat Paco Boy into fourth around the tight bend of Churchill Downs last year, but Richard Hannon Jr, the trainer's son, believed their colt had the right blend of talent and composure to prevail back at Louisville on November 5.

"This horse would go around that bend and enjoy it," said Richard Hannon Jr. "He's not as difficult as Paco Boy. He's well-balanced and this horse has more speed and it should suit him a lot better.

"Goldikova's still a good filly but is getting a little older now."

Strong Suit gave weight away to his eight rivals, including Sheikh Hamdan bin Rashid's Maqaasid, who looked to challenge with a furlong to go. Strong Suit was galvanised by Richard Hughes, however, and strode out purposefully to win by four-and-a-half lengths from Chachamaidee, who nosed ahead of Maqaasid.

Strong Suit dipped a quarter of a second under the race standard time but the son of Rahy is yet to win at the highest level after three attempts. It is in marked contrast to Goldikova's 14 Group 1 victories, although there is promise that he might win one before retirement at the end of the season as Rahy sired the 1998 Breeders' Cup Mile winner Hawksley Hill.

"It would be a fairy tale if Goldikova won again, and an even bigger fairy tale if Strong Suit won," said David Redvers, Sheikh Fahad's racing and bloodstock manager.

Strong Suit could also be joined in Kentucky by Crusade, Aidan O'Brien's juvenile, who won the Group 1 Middle Park Stakes, sponsored by Emaar.

With 16 runners jostling for position across Newmarket's wide expanse, it was the biggest line-up in the six-furlong sprint for 20 years.

Crusade was always up with the pace under Seamus Heffernan and the pair kicked clear up the hill to hold off Lilbourne Lad, who was supplemented earlier in the week for £15,000 (Dh85,700). Reply, also trained by O'Brien, was third, while Caspar Netscher ran an eye-catching race from the back to take fifth.

Crusade finished a tired fourth over seven furlongs in a Group 3 at Newmarket in September but O'Brien confirmed that the Breeders' Cup Juvenile over an extended mile, rather than the turf race, would be considered carefully.

"I don't know how far he stays," said Heffernan, who was winning his 17th Group 1.

"It will be more about how we get him home and train him back up again. I think he will prefer a fast surface. He has plenty of pace and relaxed well."

It was confirmed after the race that Caspar Netscher would also go to America.

Jim Bolger produced an upset when he won for the fourth time the Group 1 Dewhurst Stakes, taken last year by Frankel, with Parish Hall.

The race is part of the Breeders' Cup Challenge Series and affords immediate entry to the Juvenile Turf, but Bolger underlined that Parish Hall would be put away until next season.

Naga
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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

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-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) 

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3 R McIlroy (NI)

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The winners of each semi will then meet at Porto’s Dragao stadium on Sunday, with the losing semi-finalists contesting a third-place play-off in Guimaraes earlier that day.

Qualifying for the final stage was via League A of the inaugural Nations League, in which the top 12 European countries according to Uefa's co-efficient seeding system were divided into four groups, the teams playing each other twice between September and November. Portugal, who finished above Italy and Poland, successfully bid to host the finals.

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Biog

Mr Kandhari is legally authorised to conduct marriages in the gurdwara

He has officiated weddings of Sikhs and people of different faiths from Malaysia, Sri Lanka, Russia, the US and Canada

Father of two sons, grandfather of six

Plays golf once a week

Enjoys trying new holiday destinations with his wife and family

Walks for an hour every morning

Completed a Bachelor of Commerce degree in Loyola College, Chennai, India

2019 is a milestone because he completes 50 years in business

 

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Company name: Jaib

Started: January 2018

Co-founders: Fouad Jeryes and Sinan Taifour

Based: Jordan

Sector: FinTech

Total transactions: over $800,000 since January, 2018

Investors in Jaib's mother company Alpha Apps: Aramex and 500 Startups

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Co-operation on security initiatives and procurement of defence products

Youth experience scheme to work, study or volunteer in UK and EU countries

Smoother border management with use of e-gates

Cutting red tape on import and export of food