Italy goalkeeper Gianluigi Buffon, left, watches as Spain's Alvaro Morata attempts a header at goal during the Euro 2016 round of 16 soccer match between Italy and Spain, at the Stade de France, in Saint-Denis, north of Paris, Monday, June 27, 2016. (AP Photo/Martin Meissner)
Italy goalkeeper Gianluigi Buffon, left, watches as Spain's Alvaro Morata attempts a header at goal during the Euro 2016 round of 16 soccer match between Italy and Spain, at the Stade de France, in Saint-Denis, north of Paris, Monday, June 27, 2016. (AP Photo/Martin Meissner)
Italy goalkeeper Gianluigi Buffon, left, watches as Spain's Alvaro Morata attempts a header at goal during the Euro 2016 round of 16 soccer match between Italy and Spain, at the Stade de France, in Saint-Denis, north of Paris, Monday, June 27, 2016. (AP Photo/Martin Meissner)
Italy goalkeeper Gianluigi Buffon, left, watches as Spain's Alvaro Morata attempts a header at goal during the Euro 2016 round of 16 soccer match between Italy and Spain, at the Stade de France, in Sa

Transfer talk: Alvaro Morata heading back to Real Madrid; Benfica sign ‘Serbian Messi’


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Spain striker Alvaro Morata, who scored three goals for his country at Euro 2016, is returning to Real Madrid after two seasons at Juventus, the Italian club said on Wednesday.

Real have exercised their buy-back clause for the 22-year-old forward, who scored 27 goals in 93 games for the Turin club. Local media said the fee was 30 million euros (Dh 121.86 million, $33.17 million).

"All associated with Juventus Football Club would like to wish Alvaro the very best of luck wherever his future may take him and thank him for two truly excellent years of service to the team," Juve said on their website.

Morata, who was born in Madrid, first signed for Real from Getafe in 2008, making his debut two years later. He scored 10 goals in 37 games for the club before signing for Juventus in a deal reported to be worth 20 million euros.

West Brom made their first signing for next season on Wednesday with winger Matt Phillips arriving from QPR for an undisclosed fee.

Phillips, 25, signed a four-year contract, after passing a medical and will fly out to Austria on Thursday for a pre-season training camp which includes a friendly against French champions Paris Saint-Germain on July 13.

West Brom technical director Nick Hammond told the club's official website: "I think it's fair to say Matt has been on the radar for a period of time and we're very pleased to have finally got his signature.

“He’s a great acquisition because he adds to the versatility within the group. He gives us both wide positions and is also able to play as a central striker. We’re absolutely delighted to welcome Matt to the club.”

Phillips moved to QPR in August 2013 from Blackpool and scored 13 goals in 82 appearances for the Hoops.

In total, Phillips has played 55 Premier League games during his spells with Blackpool and QPR, scoring four goals in his two top-flight seasons - both of which ended in relegation.

Swansea complete double Dutch signing

Dutch defender Mike van der Hoorn has joined compatriot Leroy Fer at Swansea City on a three-year contract, the English Premier League club confirmed on Wednesday.

The 23-year-old van der Hoorn signs a day after the Swans confirmed the arrival of midfielder Fer from QPR for an undisclosed fee. The former Holland Under-21 international also strengthens manager Francesco Guidolin’s central defensive options following Kyle Bartley’s loan move to Leeds.

Van der Hoorn will vie for selection with Federico Fernandez, Jordi Amat and club captain Ashley Williams.

“I have to improve and be better,” van der Hoorn told the club’s official website. “I saw Ashley Williams at the European Championships. He’s a really good defender, maybe I can learn from him.

“I spoke to (Fer) last Saturday - we have the same birthday - about Swansea. (He said) ‘It’s a real warm club, a family club, the players will be nice’. (It was a) quick response.

“This is the best competition in the world. I’m happy to be in it and can’t wait to start. Maybe (we can win) the FA or Capital One Cup. That would be a nice achievement.

“(Swansea) play really good football for a Premier League club.”

Van der Hoorn arrives in Wales after three years at Ajax, where he won the Eredivisie title after joining from Utrecht.

Serie A side recruiting Liverpool’s Balotlli

Sampdoria president Massimo Ferrero has urged striker Mario Balotelli to join the Italian Serie A side, saying that the club would be the perfect place for the player to revive his flailing career.

The 25-year-old has returned to parent club Liverpool for pre-season training after failing to earn a permanent move following an injury-hit season-long loan spell at AC Milan, where he managed just three goals in 23 appearances.

The Italy international is unlikely to feature in Liverpool manager Juergen Klopp’s plans for next season, and has been linked by the British media with a move to Turkey or China.

“Balotelli is Balotelli’s own worst enemy,” Ferrero told Il Corriere dello Sport.

“He could re-launch (his career) at a passionate club like ours but I think he’s still got mixed feelings. I’ve tried to tell him to come to Samp because he’s a great talent.”

Balotelli was omitted from the Italy squad that reached the quarter-finals of the ongoing European Championship in France.

Rising Serbia star Zivkovic signs for Benfica

Serbian international midfielder Andrija Zivkovic has signed a five-year deal with Benfica, the reigning three-time Portuguese champions confirmed on Wednesday.

Dubbed the ‘Serbian Messi’, the 19-year-old’s contract with Partizan Belgrade, the club where he began his career in 2013, expired at the end of last season.

Capped five times, Zivkovic is considered a rising star of the Serbia national team after helping his country to gold in the U20 World Cup last year.

Huddersfield Town have taken Australia midfielder Aaron Mooy on a season-long loan from Manchester City, the Championship (second tier) club said on Tuesday.

The 25-year-old, who joined the Premier League side on a three-year contract from sister club Melbourne City last week, scored 11 goals and set an A-League record of 21 assists for the Australian club during the 2015-16 season.

The Australian international has represented his country 15 times. "The opportunity to loan Aaron came around very quickly once his move to Manchester City and I am happy we could move quickly to do this," coach David Wagner told the club's website.

Huddersfield finished 19th in the Championship last season.

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Manchester United 50 appearances, 5 goals

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Sunderland (loan) 25 appearances, 0 goals

Our legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants

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

Dubai Bling season three

Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed 

Rating: 1/5

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2025 Fifa Club World Cup groups

Group A: Palmeiras, Porto, Al Ahly, Inter Miami.

Group B: Paris Saint-Germain, Atletico Madrid, Botafogo, Seattle.

Group C: Bayern Munich, Auckland City, Boca Juniors, Benfica.

Group D: Flamengo, ES Tunis, Chelsea, Leon.

Group E: River Plate, Urawa, Monterrey, Inter Milan.

Group F: Fluminense, Borussia Dortmund, Ulsan, Mamelodi Sundowns.

Group G: Manchester City, Wydad, Al Ain, Juventus.

Group H: Real Madrid, Al Hilal, Pachuca, Salzburg.

Fixtures and results:

Wed, Aug 29:

  • Malaysia bt Hong Kong by 3 wickets
  • Oman bt Nepal by 7 wickets
  • UAE bt Singapore by 215 runs

Thu, Aug 30: 

  • UAE bt Nepal by 78 runs
  • Hong Kong bt Singapore by 5 wickets
  • Oman bt Malaysia by 2 wickets

Sat, Sep 1: UAE v Hong Kong; Oman v Singapore; Malaysia v Nepal

Sun, Sep 2: Hong Kong v Oman; Malaysia v UAE; Nepal v Singapore

Tue, Sep 4: Malaysia v Singapore; UAE v Oman; Nepal v Hong Kong

Thu, Sep 6: Final

Fringe@Four Line-up

October 1 - Phil Nichol (stand-up comedy)

October 29 - Mandy Knight (stand-up comedy)

November 5 - Sinatra Raw (Fringe theatre)

November 8 - Imah Dumagay & Sundeep Fernandes (stand-up comedy)

November 13 - Gordon Southern (stand-up comedy)

November 22 - In Loyal Company (Fringe theatre)

November 29 - Peter Searles (comedy / theatre)

December 5 - Sinatra’s Christmas Under The Stars (music / dinner show)

The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

The%20Roundup
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Match info

Deccan Gladiators 87-8

Asif Khan 25, Dwayne Bravo 2-16

Maratha Arabians 89-2

Chadwick Walton 51 not out

Arabians won the final by eight wickets

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MATCH INFO

Uefa Champions League, semi-final result:

Liverpool 4-0 Barcelona

Liverpool win 4-3 on aggregate

Champions Legaue final: June 1, Madrid

Ziina users can donate to relief efforts in Beirut

Ziina users will be able to use the app to help relief efforts in Beirut, which has been left reeling after an August blast caused an estimated $15 billion in damage and left thousands homeless. Ziina has partnered with the United Nations High Commissioner for Refugees to raise money for the Lebanese capital, co-founder Faisal Toukan says. “As of October 1, the UNHCR has the first certified badge on Ziina and is automatically part of user's top friends' list during this campaign. Users can now donate any amount to the Beirut relief with two clicks. The money raised will go towards rebuilding houses for the families that were impacted by the explosion.”

TOUR RESULTS AND FIXTURES

June 3: NZ Provincial Barbarians 7 Lions 13
June 7: Blues 22 Lions 16
June 10: Crusaders 3 Lions 12
June 13: Highlanders 23 Lions 22
June 17: Maori All Blacks 10 Lions 32
June 20: Chiefs 6 Lions 34
June 24: New Zealand 30 Lions 15 (First Test)
June 27: Hurricanes 31 Lions 31
July 1: New Zealand 21 Lions 24 (Second Test)
July 8: New Zealand v Lions (Third Test) - kick-off 11.30am (UAE)