World Cup diary: Battered pride and lip for Algeria's Saifi


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Rafik Saifi, the Algerian midfielder, boarded his team bus with a cut lip last night after an altercation with a female journalist in the media mixed zone. Saifi, who was an 85th-minute substitute in his side's 1-0 defeat to the United States, was apparently infuriated by the unidentified woman's line of questioning. The Algerian lunged over the barrier separating press from players, but was quickly restrained by other members of the media. He then threw a bottle of water at the woman before screaming at her in Arabic and being ushered away by Fifa officials.

A South Korean man has drowned after jumping into a river to celebrate the country advancing to the second round. Police said the 20-year-old university student leapt into Seoul's Han River with three friends on yesterday morning after South Korea held Nigeria to a 2-2 draw in their final group game and made it to the knockout phase. Police say they later rescued Lee and took him to a nearby hospital but he died.

Bangladesh's lawmakers plan to launch a party-pooping media campaign to stop football fans from waving the flags of their favourite teams at the World Cup. "There is no legal basis for hoisting flags of other countries in Bangladesh for supporting the teams in the World Cup," Shafique Ahmed, the law minister, said. "We prefer to advocate for a move to create awareness through television, radio and newspapers so that our youths refrain from such activities." He added the government would not enforce a ban on flag-waving as it was a "sensitive" issue. During the World Cup, there have been clashes between passionate Bangladeshi fans trying to remove each other's flags hung from rooftops and trees.

Claudio Bravo, the Chile captain, says a torn flag rescued from the deadly earthquake that hit the country in February is a source of inspiration for the players. The flag was brought from Chile and has been left ripped and dirty, and now flutters outside the team's training base at the Ingwenyama complex near Nelspruit. Bravo said that "it's in our minds what happened with the catastrophe. I think the flag was brought for that reason."

Fifa say no decision has been taken to act against Raymond Domenech, the France coach, for refusing to shake hands with South Africa's Carlos Alberto Parreira after Tuesday's loss to the World Cup hosts. Domenech appeared to breach Fifa guidelines on fair play when he snubbed Parreira after South Africa's 2-1 win, which eliminated both teams.

Umberto Bossi, the Italian politician, apologised yesterday for his much-criticised remarks that Italy would "buy" a victory in a crucial World Cup group match against Slovakia. The comments by Bossi, a cabinet minister, had drawn a sharp rebuke from the national football federation and fellow politicians alike. "I apologise to the national team," the federal reforms minister said. He said his comments were meant as a "joke".

Fifa have put 5,000 tickets for two last 16 matches back on sale after South Africa and France were eliminated. Pekka Odriozola, a Fifa spokesman, said the tickets had been reserved by fans of teams who were knocked out on Tuesday. Fans could reserve team specific tickets to follow a country throughout the tournament. Around 4,000 seats are being sold for the Uruguay versus South Korea match in Port Elizabeth on Saturday. A further 1,000 tickets are available for Argentina versus Mexico in Johannesburg's Soccer City on Sunday. Fifa have said 97 per cent of seats, not including corporate hospitality places, were sold for the 64 matches. Some games still had 10,000 empty seats because ticket-holders did not arrive.

Mexican police have arrested a suspect in the shooting of Salvador Cabanas, the Paraguay striker. Police say Francisco Barreto was an accomplice of Jose Jorge Balderas, the suspected gunman, in the January 25 shooting at a Mexico City bar. Cabanas survived the gunshot wound to the head. He would have started for Paraguay.

Jacques Rogge, the IOC president, will discuss the possibility of a South African bid for the Olympics with Jacob Zuma, the South African president, ahead of the World Cup final. Rogge said he will meet with Zuma on July 11. The Olympics have never been held in Africa.

Company%20profile
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Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

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 

 

How to increase your savings
  • Have a plan for your savings.
  • Decide on your emergency fund target and once that's achieved, assign your savings to another financial goal such as saving for a house or investing for retirement.
  • Decide on a financial goal that is important to you and put your savings to work for you.
  • It's important to have a purpose for your savings as it helps to keep you motivated to continue while also reducing the temptation to spend your savings. 

- Carol Glynn, founder of Conscious Finance Coaching

 

 

COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4

 

 

Monster

Directed by: Anthony Mandler

Starring: Kelvin Harrison Jr., John David Washington 

3/5

 

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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In%20the%20Land%20of%20Saints%20and%20Sinners
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The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat 

Our Time Has Come
Alyssa Ayres, Oxford University Press

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