Caroline Wozniacki, who spent 71 weeks at top of world rankings, is returning to tennis after a three-year absence. AP
Caroline Wozniacki, who spent 71 weeks at top of world rankings, is returning to tennis after a three-year absence. AP
Caroline Wozniacki, who spent 71 weeks at top of world rankings, is returning to tennis after a three-year absence. AP
Caroline Wozniacki, who spent 71 weeks at top of world rankings, is returning to tennis after a three-year absence. AP

Former world No 1 Caroline Wozniacki announces tennis comeback


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Former world No 1 Caroline Wozniacki is set to make a tennis comeback three years after retiring from the sport.

The Dane, who spent 71 weeks at top of world rankings and won 30 singles titles, announced her retirement before the 2020 Australian Open at the age of 29, saying she wanted to start a family with her husband, former NBA player David Lee.

She has since had a daughter Olivia and son James and on Thursday the 32-year-old announced she was making a comeback.

Wozniacki, who turns 33 in July, has not played an official match since losing to Ons Jabeur in the third round of the Australian Open in January 2020.

“Over these past three years away from the game I got to make up for lost time with my family, I became a mother and now have two beautiful children I am so grateful for,” Wozniaki wrote on Twitter

“But I still have goals I want to accomplish. I want to show my kids that you can pursue your dreams no matter your age or role. We decided as a family it’s time. I’m coming back to play and I can’t wait!”

Wozniaki said in an interview with Vogue she wants to play at the Canadian Open in Montreal in August.

She has also targeted the US Open later that month, the Australian Open next January and then the Olympics in Paris next summer.

“Am I nervous? Not really,” she said. “I'm coming back to something I love.

“Can I win the US Open? I think so. Can I win the Australian Open? I think so. That's why I'm doing this. And I guess we'll see what happens.

“If I didn't believe in myself, I wouldn't be doing this: I'm too competitive to just show up and not feel like I'm going to be one of the best players out there.”

The United States Tennis Association later announced that Wozniacki, a two-time finalist at Flushing Meadows, had been awarded a wildcard for the Grand Slam that begins on August 28.

Caroline Wozniacki after winning the 2018 Australian Open. Reuters
Caroline Wozniacki after winning the 2018 Australian Open. Reuters

“After that, I'll have a couple of months to prepare for Australia and we'll take it from there. The Paris Olympics are definitely a goal too,” Wozniacki added.

The Dane, who turns 33 next month, said she was inspired by 23-time Grand Slam champion Serena Williams after the American returned to the sport following the birth of her daughter Olympia.

“I think that Serena doesn't get nearly enough credit for getting to so many Grand Slam finals after having Olympia,” said Wozniaki, who won the Australian Open in 2018 and lost in the US Open final in both 2009 and 2014.

“Her retirement will always be bittersweet, both for me and for so many other players, because she's meant so much to women's tennis. She paved the way for so many of us, she showed us that anything is possible.”

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Profile of Hala Insurance

Date Started: September 2018

Founders: Walid and Karim Dib

Based: Abu Dhabi

Employees: Nine

Amount raised: $1.2 million

Funders: Oman Technology Fund, AB Accelerator, 500 Startups, private backers

 

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Starring: Ranveer Singh, Deepika Padukone, Shahid Kapoor, Jim Sarbh

3.5/5

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Price, base: Dh69,900

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Pakistan T20 series squad

Sarfraz Ahmed (captain), Fakhar Zaman, Ahmed Shahzad, Babar Azam, Shoaib Malik, Mohammed Hafeez, Imad Wasim, Shadab Khan, Mohammed Nawaz, Faheem Ashraf, Hasan Ali, Amir Yamin, Mohammed Amir (subject to fitness clearance), Rumman Raees, Usman Shinwari, Umar Amin

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Wales 1

James 5'

Slovakia 0

Man of the Match: Dan James (Wales)

UAE currency: the story behind the money in your pockets
Know before you go
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  • By air: Budget airlines Air Arabia, Flydubai and SalamAir offer direct routes to Muscat from the UAE.
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Favourite player: Franz Beckenbauer

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

 

THE SIXTH SENSE

Starring: Bruce Willis, Toni Collette, Hayley Joel Osment

Director: M. Night Shyamalan

Rating: 5/5

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UAE currency: the story behind the money in your pockets
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1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

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Some facts about bees:

The queen bee eats only royal jelly, an extraordinary food created by worker bees so she lives much longer

The life cycle of a worker bee is from 40-60 days

A queen bee lives for 3-5 years

This allows her to lay millions of eggs and allows the continuity of the bee colony

About 20,000 honey bees and one queen populate each hive

Honey is packed with vital vitamins, minerals, enzymes, water and anti-oxidants.

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yallacompare profile

Date of launch: 2014

Founder: Jon Richards, founder and chief executive; Samer Chebab, co-founder and chief operating officer, and Jonathan Rawlings, co-founder and chief financial officer

Based: Media City, Dubai 

Sector: Financial services

Size: 120 employees

Investors: 2014: $500,000 in a seed round led by Mulverhill Associates; 2015: $3m in Series A funding led by STC Ventures (managed by Iris Capital), Wamda and Dubai Silicon Oasis Authority; 2019: $8m in Series B funding with the same investors as Series A along with Precinct Partners, Saned and Argo Ventures (the VC arm of multinational insurer Argo Group)

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Our legal consultants

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

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Engine: 4.0-litre, twin-turbocharged V8

Transmission: nine-speed automatic

Power: 630bhp

Torque: 900Nm

Price: Dh810,000

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Price, base / as tested: Dh276,675 / Dh346,800

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Transmission: Eight-speed automatic

Power: 354hp @ 5,500rpm

Torque: 500Nm @ 1,550rpm

Fuel economy, combined: 9.0L / 100km

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The Specs

Engine 3.8-litre, twin-turbo V8

Transmission: eight-speed automatic

Power: 582bhp (542bhp in GTS model)

Torque: 730Nm

Price: Dh649,000 (Dh549,000 for GTS) 

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

How to become a Boglehead

Bogleheads follow simple investing philosophies to build their wealth and live better lives. Just follow these steps.

•   Spend less than you earn and save the rest. You can do this by earning more, or being frugal. Better still, do both.

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•   Diversify. Do not keep all your eggs in one basket. Spread your money between different companies, sectors, markets and asset classes such as bonds and property.

•   Keep charges low. The biggest drag on investment performance is all the charges you pay to advisers and active fund managers.

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•   Stick with it. Do not sell up in a market crash. Use the opportunity to invest more at the lower price.

Jawan
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Porsche Macan T: The Specs

Engine: 2.0-litre 4-cyl turbo 

Power: 265hp from 5,000-6,500rpm 

Torque: 400Nm from 1,800-4,500rpm 

Transmission: 7-speed dual-clutch auto 

Speed: 0-100kph in 6.2sec 

Top speed: 232kph 

Fuel consumption: 10.7L/100km 

On sale: May or June 

Price: From Dh259,900  

Barcelona 3
Messi (27’, 32’, 87’)

Leganes 1
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Updated: June 29, 2023, 3:25 PM