Ahmed Dada, left, stumbles as Mamoud Abdulrahman and Sayed Jamal chase him during UAE's match against Bahrain at the Mohammed bin Zayed Stadium.
Ahmed Dada, left, stumbles as Mamoud Abdulrahman and Sayed Jamal chase him during UAE's match against Bahrain at the Mohammed bin Zayed Stadium.
Ahmed Dada, left, stumbles as Mamoud Abdulrahman and Sayed Jamal chase him during UAE's match against Bahrain at the Mohammed bin Zayed Stadium.
Ahmed Dada, left, stumbles as Mamoud Abdulrahman and Sayed Jamal chase him during UAE's match against Bahrain at the Mohammed bin Zayed Stadium.

UAE need character


Amith Passela
  • English
  • Arabic

The UAE remain full of confidence ahead of next week's World Cup qualifiers against North Korea and Saudi Arabia, according to the team's influential forward Ismail Matar. They were beaten 3-2 by Bahrain after a sluggish display at the Mohammed bin Zayed Stadium in the capital on Friday, but Matar believes the Emirates will be back to their best next week when they play North Korea at the same venue. "The result with Bahrain wasn't that important as the match was really to give us a strong game before the real test," said Matar. "It was an exceptionally humid night and was difficult for all the players as we have just returned from a month-long camp in Europe. But I don't see any problems in adapting to the conditions a week from now. "It's hard to say why we didn't play as well as we can, but sometimes this happens. We created chances and scored a good goal - the idea of this match was to learn from our mistakes. "We will be looking for a lot of character, a lot of strength and a lot of team work, getting together and making sure as a unit we are a strong side. "If we do that, with the ability we have, we won't have a problem." Bahrain were without six of their overseas-based players who were not released by their clubs as the match did not fall on a Fifa-sanctioned friendly date. The UAE conceded two goals from corner kicks and a bad fumble from the goalkeeper Ismail Rabea gifted the visitors a late winner. Syed Adnan put Bahrain ahead with a header from a corner, but Matar levelled from the spot after a clumsy tackle on him by Fawzi Mubarak. Mohammed al Shehhi got onto the end of a cross from the substitute Subait Khater to put the Emirates ahead. Adnan equalised for the visitors, again heading home following a corner, and Abdulla al Dakeel tapped in the winner after Rabea failed to hold on to a dipping long ball fired from the right flank by Abdulla Ismail. The game was played under steamy conditions at the Mohammed bin Zayed Stadium where work is in progress at a frantic pace for the UAE's opening Group 2 match with North Koreaon Saturday. The venue is undergoing renovation and is expected to have 15,000 seats ready for that game, which is the first phase towards a 42,000 capacity in the country's most modern football stadium. The UAE will also face South Korea and Iran in Group 2 of the final stage of Asian qualifying for South Africa in 2010. The top two teams will qualify for the finals, with the third-placed nation going into a play-off. Bahrain are in Group 1 alongside Australia, Qatar and Uzbekistan. Bahrain's two-goal hero Syed Adnan said the UAE should not get too down about this result. "There are some teams with decent past records but they mean very little," he said. "The rest of the countries in this final round has caught up, and it will be a very interesting phase of the competition. "It is the teams that plays best on the day. "This was a very good game for us under difficult weather conditions. "Needless to say it was only a friendly but we can look forward to the real matches with optimism." North Korea meanwhile were held to a scoreless result by Uzbekistan in a friendly in Tashkent.

apassela@thenational.ae

Squads

Australia: Finch (c), Agar, Behrendorff, Carey, Coulter-Nile, Lynn, McDermott, Maxwell, Short, Stanlake, Stoinis, Tye, Zampa

India: Kohli (c), Khaleel, Bumrah, Chahal, Dhawan, Shreyas, Karthik, Kuldeep, Bhuvneshwar, Pandey, Krunal, Pant, Rahul, Sundar, Umesh

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

Classification of skills

A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation. 

A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.

The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000. 

Dunki
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What drives subscription retailing?

Once the domain of newspaper home deliveries, subscription model retailing has combined with e-commerce to permeate myriad products and services.

The concept has grown tremendously around the world and is forecast to thrive further, according to UnivDatos Market Insights’ report on recent and predicted trends in the sector.

The global subscription e-commerce market was valued at $13.2 billion (Dh48.5bn) in 2018. It is forecast to touch $478.2bn in 2025, and include the entertainment, fitness, food, cosmetics, baby care and fashion sectors.

The report says subscription-based services currently constitute “a small trend within e-commerce”. The US hosts almost 70 per cent of recurring plan firms, including leaders Dollar Shave Club, Hello Fresh and Netflix. Walmart and Sephora are among longer established retailers entering the space.

UnivDatos cites younger and affluent urbanites as prime subscription targets, with women currently the largest share of end-users.

That’s expected to remain unchanged until 2025, when women will represent a $246.6bn market share, owing to increasing numbers of start-ups targeting women.

Personal care and beauty occupy the largest chunk of the worldwide subscription e-commerce market, with changing lifestyles, work schedules, customisation and convenience among the chief future drivers.

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