• Sheikh Hamdan bin Mohammed gestures as he wears a t-shirt bearing the logo of Dubai's 2020 World Expo campaign on top of Burj Khalifa on November 25, 2013. AFP
    Sheikh Hamdan bin Mohammed gestures as he wears a t-shirt bearing the logo of Dubai's 2020 World Expo campaign on top of Burj Khalifa on November 25, 2013. AFP
  • Sheikh Hamdan volunteers in a Dubai marine-clean up drive. WAM
    Sheikh Hamdan volunteers in a Dubai marine-clean up drive. WAM
  • Saudi Crown Prince Mohammed bin Salman (left) speaks with Sheikh Hamdan in 2018. EPA
    Saudi Crown Prince Mohammed bin Salman (left) speaks with Sheikh Hamdan in 2018. EPA
  • Sheikh Hamdan rides his horse during an Equestrian Endurance Championship in Palmyra, 190 km northeast of Damascus in May 2000. AFP
    Sheikh Hamdan rides his horse during an Equestrian Endurance Championship in Palmyra, 190 km northeast of Damascus in May 2000. AFP
  • Sheikh Hamdan bin Mohammed takes part in the men's heats of the Government Games in April 2019. Chris Whiteoak / The National
    Sheikh Hamdan bin Mohammed takes part in the men's heats of the Government Games in April 2019. Chris Whiteoak / The National
  • Sheikh Hamdan does a presentation on screen on day 2 at the World Government Summit at Madinat Jumeirah, Dubai in February this year. Chris Whiteoak / The National
    Sheikh Hamdan does a presentation on screen on day 2 at the World Government Summit at Madinat Jumeirah, Dubai in February this year. Chris Whiteoak / The National
  • Sheikh Hamdan receives Emirati astronauts Hazza Al Mansoori and Sultan Al Neyadi. Wam
    Sheikh Hamdan receives Emirati astronauts Hazza Al Mansoori and Sultan Al Neyadi. Wam
  • Sheikh Hamdan with the Dubai World Cup trophy after Thunder Snow's victory at Meydan Racecourse in Dubai in March. Pawan Singh / The National
    Sheikh Hamdan with the Dubai World Cup trophy after Thunder Snow's victory at Meydan Racecourse in Dubai in March. Pawan Singh / The National
  • Sheikh Hamdan watches a performance of ‘This is Zayed, This is UAE' during the 47th UAE National Day celebrations, at Zayed Sports City in December, 2018. Mohamed Al Hammadi / Ministry of Presidential Affairs
    Sheikh Hamdan watches a performance of ‘This is Zayed, This is UAE' during the 47th UAE National Day celebrations, at Zayed Sports City in December, 2018. Mohamed Al Hammadi / Ministry of Presidential Affairs
  • Sheikh Hamdan pictured during Al Marmoom Heritage Festival at the Al Marmoum Camel Racetrack on April 16, 2014 in Dubai. Getty Images
    Sheikh Hamdan pictured during Al Marmoom Heritage Festival at the Al Marmoum Camel Racetrack on April 16, 2014 in Dubai. Getty Images
  • Actor Damian Lewis and wife Helen McCrory present The Coventry Stakes trophy to Sheikh Hamdan during Royal Ascot 2015 in England. Getty Images for Ascot Racecourse
    Actor Damian Lewis and wife Helen McCrory present The Coventry Stakes trophy to Sheikh Hamdan during Royal Ascot 2015 in England. Getty Images for Ascot Racecourse
  • Sheikh Hamdan attends Cityscape Global at Dubai World Trade Centre on September 11, 2017. Getty Images
    Sheikh Hamdan attends Cityscape Global at Dubai World Trade Centre on September 11, 2017. Getty Images
  • Gold medalist Sheikh Hamdan celebrates on August 29, 2014 on the podium during the medal ceremony of the Individual Endurance competition of the 2014 FEI World Equestrian Games, in the northwestern French city of Caen. AFP
    Gold medalist Sheikh Hamdan celebrates on August 29, 2014 on the podium during the medal ceremony of the Individual Endurance competition of the 2014 FEI World Equestrian Games, in the northwestern French city of Caen. AFP
  • Sheikh Mohammed bin Rashid speaks with his son Sheikh Hamdan during the opening session of Arab Media Forum in Dubai, on May 17, 2011. AFP
    Sheikh Mohammed bin Rashid speaks with his son Sheikh Hamdan during the opening session of Arab Media Forum in Dubai, on May 17, 2011. AFP
  • Sheikh Hamdan and his team, F3, win first place at the Gov Games in Dubai in May 2018. The National
    Sheikh Hamdan and his team, F3, win first place at the Gov Games in Dubai in May 2018. The National

Sheikh Hamdan’s F3 training mate looks forward to royal wedding


Haneen Dajani
  • English
  • Arabic

Dubai will host a most-auspicious occasion on Thursday – the wedding ceremony of three royals.

The sons of Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai - Sheikh Hamdan, Sheikh Maktoum and Sheikh Ahmed - will celebrate at World Trade Centre in a reception attended by thousands of men. A separate women's ceremony is expected to be held next week. The couples were married in a private ceremony on May 15.

The occasion carries great significance for guests and residents. Most to those in attendance know Sheikh Hamdan, Crown Prince of Dubai, on a personal level. Lieutenant Bader Al Nouri is among them.

Last year, the 28-year-old joined Sheikh Hamdan’s F3 racing team, which competes in the Gov Games and other challenges, and trains with him on a regular basis. He and the F3 team will be there on Thursday.

"I speak for everybody when I say this wedding is a celebration for the entire nation," said Lt Al Nouri, an officer with Dubai Police.

"I designed a new dishdasha [national dress] for the occasion.

"We will go to greet the sheikh and congratulate him as a team... it will be very brief because many people will attend."

Lt Al Nouri first met Sheikh Hamdan in March last year.

He was recognised by Sheikh Hamdan for his athletic achievements after he won the title of Fittest UAE National in 2017, 2018 and 2019.

And he was crowned winner of the adventure game show The Quest on Dubai TV last year, along with his competition partner Nabil Ibrahim.

"One of the most significant things I have noticed about Sheikh Hamdan is that not a single day passes and he does not train," he said.

"He follows the schedule no matter how busy he is, even if he has meetings he finishes and comes to the training to do the workout.

"He wants to impress and inspire; it is very hard to find someone in his position that dedicated [to daily fitness]," Lt Al Nouri said.

Sheikh Hamdan and Bader Al Nouri, a member of Sheikh Hamdan's F3 training team, pictured during the Gov Games in April. Lt Bader will be among the guests attending the Crown Prince's wedding in Dubai on Thursday. Ali Essa / Crown Prince of Dubai's Official Photographer
Sheikh Hamdan and Bader Al Nouri, a member of Sheikh Hamdan's F3 training team, pictured during the Gov Games in April. Lt Bader will be among the guests attending the Crown Prince's wedding in Dubai on Thursday. Ali Essa / Crown Prince of Dubai's Official Photographer

The wedding on Thursday is the formal recognition of the marriages of the three sheikhs.

Last month, Sheikh Hamdan married Sheikha Sheikha bint Saeed bin Thani Al Maktoum.

Sheikh Maktoum bin Mohammed, Deputy Ruler of Dubai, married Sheikha Maryam bint Butti Al Maktoum.

And Sheikh Ahmed bin Mohammed, Chairman of the Mohammed bin Rashid Al Maktoum Knowledge Foundation, married Sheikha Midya bint Dalmouj Al Maktoum.

COMPANY%20PROFILE
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MATCH INFO

Champions League quarter-final, first leg

Ajax v Juventus, Wednesday, 11pm (UAE)

Match on BeIN Sports

Race 3

Produced: Salman Khan Films and Tips Films
Director: Remo D’Souza
Cast: Salman Khan, Anil Kapoor, Jacqueline Fernandez, Bobby Deol, Daisy Shah, Saqib Salem
Rating: 2.5 stars

Madrid Open schedule

Men's semi-finals

Novak Djokovic (1) v Dominic Thiem (5) from 6pm

Stefanos Tsitsipas (8) v Rafael Nadal (2) from 11pm

Women's final

Simona Halep (3) v Kiki Bertens (7) from 8.30pm

Quick pearls of wisdom

Focus on gratitude: And do so deeply, he says. “Think of one to three things a day that you’re grateful for. It needs to be specific, too, don’t just say ‘air.’ Really think about it. If you’re grateful for, say, what your parents have done for you, that will motivate you to do more for the world.”

Know how to fight: Shetty married his wife, Radhi, three years ago (he met her in a meditation class before he went off and became a monk). He says they’ve had to learn to respect each other’s “fighting styles” – he’s a talk it-out-immediately person, while she needs space to think. “When you’re having an argument, remember, it’s not you against each other. It’s both of you against the problem. When you win, they lose. If you’re on a team you have to win together.” 

What are the influencer academy modules?
  1. Mastery of audio-visual content creation. 
  2. Cinematography, shots and movement.
  3. All aspects of post-production.
  4. Emerging technologies and VFX with AI and CGI.
  5. Understanding of marketing objectives and audience engagement.
  6. Tourism industry knowledge.
  7. Professional ethics.
Company profile

Company name: Dharma

Date started: 2018

Founders: Charaf El Mansouri, Nisma Benani, Leah Howe

Based: Abu Dhabi

Sector: TravelTech

Funding stage: Pre-series A 

Investors: Convivialite Ventures, BY Partners, Shorooq Partners, L& Ventures, Flat6Labs

The years Ramadan fell in May

1987

1954

1921

1888

The Sand Castle

Director: Matty Brown

Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea

Rating: 2.5/5

Results

2.30pm: Expo 2020 Dubai – Conditions (PA) Dh80,000 (Dirt) 1,600m; Winner: Barakka, Ray Dawson (jockey), Ahmad bin Harmash (trainer)

3.05pm: Now Or Never – Maiden (TB) Dh82,500 (Turf) 1,600m; Winner: One Idea, Andrea Atzeni, Doug Watson

3.40pm: This Is Our Time – Handicap (TB) Dh82,500 (D) 1,600m; Winner: Perfect Balance, Tadhg O’Shea, Bhupat Seemar

4.15pm: Visit Expo 2020 – Handicap (TB) Dh87,500 (T) 1,600m; Winner: Kaheall, Richard Mullen, Salem bin Ghadayer

4.50pm: The World In One Place – Handicap (TB) Dh95,000 (T) 1.900m; Winner: Castlebar, Adrie de Vries, Helal Al Alawi

5.25pm: Vision – Handicap (TB) Dh95,000 (D) 1,200m; Winner: Shanty Star, Richard Mullen, Rashed Bouresly

6pm: Al Wasl Plaza – Handicap (TB) Dh95,000 (T) 1,200m; Winner: Jadwal, Dane O’Neill, Doug Watson

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What can victims do?

Always use only regulated platforms

Stop all transactions and communication on suspicion

Save all evidence (screenshots, chat logs, transaction IDs)

Report to local authorities

Warn others to prevent further harm

Courtesy: Crystal Intelligence

La Mer lowdown

La Mer beach is open from 10am until midnight, daily, and is located in Jumeirah 1, well after Kite Beach. Some restaurants, like Cupagahwa, are open from 8am for breakfast; most others start at noon. At the time of writing, we noticed that signs for Vicolo, an Italian eatery, and Kaftan, a Turkish restaurant, indicated that these two restaurants will be open soon, most likely this month. Parking is available, as well as a Dh100 all-day valet option or a Dh50 valet service if you’re just stopping by for a few hours.
 

RACE CARD

6.30pm: Madjani Stakes Group 2 (PA) Dh97,500 (Dirt) 1,900m
7.05pm: Maiden (TB) Dh82,500 (D) 1,400m
7.40pm: Maiden (TB) Dh82,500 (D) 1,600m
8.15pm: Handicap (TB) Dh87,500 (D) 2,200m
8.50pm: Dubai Creek Mile Listed (TB) Dh132,500 (D) 1,600m
9.25pm: Conditions (TB) Dh120,000 (D) 1,900m
10pm: Handicap (TB) Dh92,500 (D) 1,400m

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

The most expensive investment mistake you will ever make

When is the best time to start saving in a pension? The answer is simple – at the earliest possible moment. The first pound, euro, dollar or dirham you invest is the most valuable, as it has so much longer to grow in value. If you start in your twenties, it could be invested for 40 years or more, which means you have decades for compound interest to work its magic.

“You get growth upon growth upon growth, followed by more growth. The earlier you start the process, the more it will all roll up,” says Chris Davies, chartered financial planner at The Fry Group in Dubai.

This table shows how much you would have in your pension at age 65, depending on when you start and how much you pay in (it assumes your investments grow 7 per cent a year after charges and you have no other savings).

Age

$250 a month

$500 a month

$1,000 a month

25

$640,829

$1,281,657

$2,563,315

35

$303,219

$606,439

$1,212,877

45

$131,596

$263,191

$526,382

55

$44,351

$88,702

$177,403

 

Generational responses to the pandemic

Devesh Mamtani from Century Financial believes the cash-hoarding tendency of each generation is influenced by what stage of the employment cycle they are in. He offers the following insights:

Baby boomers (those born before 1964): Owing to market uncertainty and the need to survive amid competition, many in this generation are looking for options to hoard more cash and increase their overall savings/investments towards risk-free assets.

Generation X (born between 1965 and 1980): Gen X is currently in its prime working years. With their personal and family finances taking a hit, Generation X is looking at multiple options, including taking out short-term loan facilities with competitive interest rates instead of dipping into their savings account.

Millennials (born between 1981 and 1996): This market situation is giving them a valuable lesson about investing early. Many millennials who had previously not saved or invested are looking to start doing so now.