• WASP-12b is a planet that will be destroyed by its parent star in 10 million years. The star is so hot that it is tearing apart the planet’s atmosphere, with the extreme gravity causing giant tidal forces that are stretching the planet into the shape of an egg. All photos: Nasa
    WASP-12b is a planet that will be destroyed by its parent star in 10 million years. The star is so hot that it is tearing apart the planet’s atmosphere, with the extreme gravity causing giant tidal forces that are stretching the planet into the shape of an egg. All photos: Nasa
  • AU Microscopii b is constantly blasted with deadly X-rays and other radiation from its star. The gas giant exoplanet takes 8.5 days to complete one orbit around its star. It was discovered in 2020.
    AU Microscopii b is constantly blasted with deadly X-rays and other radiation from its star. The gas giant exoplanet takes 8.5 days to complete one orbit around its star. It was discovered in 2020.
  • KELT-9b was discovered in 2017 and has a mass nearly three times bigger than Jupiter, but is only half as dense as the planet. It has a dayside temperature of more than 4,315°C and orbits a star (pictured) that is almost twice as large and hot as the Sun, which blasts the planet with high levels of ultraviolet radiation.
    KELT-9b was discovered in 2017 and has a mass nearly three times bigger than Jupiter, but is only half as dense as the planet. It has a dayside temperature of more than 4,315°C and orbits a star (pictured) that is almost twice as large and hot as the Sun, which blasts the planet with high levels of ultraviolet radiation.
  • Kepler 16b is a rocky planet that orbits two stars. It lies in a habitable zone, where liquid water could exist.
    Kepler 16b is a rocky planet that orbits two stars. It lies in a habitable zone, where liquid water could exist.
  • PSR B1257+12 b was discovered in 1994 and is described by scientists as “one of the creepiest ones”. It orbits a pulsar – a rapidly rotating neutron star, which is the dense core of a massive star that exploded. The planet, like any other the orbits a pulsar, is inhospitable and is bombarded with constant radiation from its star.
    PSR B1257+12 b was discovered in 1994 and is described by scientists as “one of the creepiest ones”. It orbits a pulsar – a rapidly rotating neutron star, which is the dense core of a massive star that exploded. The planet, like any other the orbits a pulsar, is inhospitable and is bombarded with constant radiation from its star.
  • GJ 504 b is four times the size of Jupiter and is 57 light-years away from Earth. Nasa reports that this world is still glowing from the heat of its formation and its colour would appear as a dull magenta.
    GJ 504 b is four times the size of Jupiter and is 57 light-years away from Earth. Nasa reports that this world is still glowing from the heat of its formation and its colour would appear as a dull magenta.
  • TYC 8998-760-1 b is a brown dwarf that was formed so recently, its powerful glow can be detected by ground-based telescope. Nasa classifies this planet as a brown dwarf, meaning it is considered neither a star or a planet, and somewhere in between.
    TYC 8998-760-1 b is a brown dwarf that was formed so recently, its powerful glow can be detected by ground-based telescope. Nasa classifies this planet as a brown dwarf, meaning it is considered neither a star or a planet, and somewhere in between.
  • 55 Cancri e is a lava planet. Its surface is uninhabitable as it is covered in molten lava. The sky in this world sparkles when the surface lava reflects on the dark side of the planet. Only one side of the planet faces the star, the other is completely dark.
    55 Cancri e is a lava planet. Its surface is uninhabitable as it is covered in molten lava. The sky in this world sparkles when the surface lava reflects on the dark side of the planet. Only one side of the planet faces the star, the other is completely dark.
  • TOI-849 b was discovered in 2020. The planet’s atmosphere is being stripped away because it is so close to its parent star. It is 40 times the mass of Earth and has little or no atmosphere. Surface temperature on the planet is about 1,500°C.
    TOI-849 b was discovered in 2020. The planet’s atmosphere is being stripped away because it is so close to its parent star. It is 40 times the mass of Earth and has little or no atmosphere. Surface temperature on the planet is about 1,500°C.
  • Kepler-10b is another lava world, which orbits too closely to its star. Daytime temperatures on this planet are more than 1,371°C – hotter than the lava on Earth.
    Kepler-10b is another lava world, which orbits too closely to its star. Daytime temperatures on this planet are more than 1,371°C – hotter than the lava on Earth.

Exoplanets: 10 terrifying worlds in our galaxy


Sarwat Nasir
  • English
  • Arabic

Scientists have tried for decades to find planets that are similar to Earth.

And the requirements are pretty demanding: it would need to orbit a Sun-like star, but be at a safe distance – and just happen to have all the right ingredients for us to survive.

So far, Nasa has discovered of 4,401 exoplanets, planets beyond the solar system.

A few are believed to be Earth-like, while others have strange atmospheres or orbit deadly stars.

Every day is a bad day on this planet

Since the first exoplanets were discovered in the 1990s, scientists have found planets with extreme temperatures, covered in molten seas, ones that are filled with water or ice, and worlds that have the density of Styrofoam.

"Now we live in a universe of exoplanets. The count of confirmed planets is in the thousands and rising – that's from only a small sampling of the galaxy as a whole," Nasa said.

“The count could rise to the tens of thousands within a decade, as we increase the number, and observing power, of robotic telescopes lofted into space.”

The Kepler space telescope and Hubble made most of these discoveries.

But an astronomical revolution is expected with the launch of the James Webb Space Telescope in October, the world's most advanced space observatory. It will help astronomers study what the universe looked like millions of years ago.

The National highlights 10 strange worlds in the Milky Way galaxy discovered so far.

WASP-12 b: the ultimate Frankenstein creation

This planet will be destroyed by its parent star in 10 million years.

The star is so hot that it is tearing apart the planet’s atmosphere and the extreme gravity causes giant tidal forces that are stretching the planet into the shape of an egg.

Temperature on this planet is about 2,210°C.

Nasa calls this planet “the ultimate Frankenstein creation”.

"Relatively soon (10 million years – a fleeting moment in space time) this planet will be completely devoured by its hungry star. If you enjoy watching the world fall to pieces, then this planet is for you," the space agency said.

AU Microscopii b: tormented with deadly X-rays

This planet is constantly blasted with deadly X-rays and other radiation from its star.

"Located less than 32 light years from Earth, AU Microscopii is among the youngest planetary systems ever observed by astronomers, and its star throws vicious temper tantrums," Nasa said.

“This devilish young system holds planet AU Mic b captive inside a looming disc of ghostly dust and ceaselessly torments it with deadly blasts of X-rays and other radiation, thwarting any chance of life.”

The gas giant exoplanet takes 8.5 days to complete one orbit around its star. It was discovered in 2020.

KELT-9 b: scorching temperatures

Discovered in 2017, this exoplanet has a mass nearly three times greater than that of Jupiter, but is only half as dense as the planet.

It has a dayside temperature of more than 4,315°C and orbits a star that is almost twice as large and hot as the Sun, which blasts the planet with high levels of ultraviolet radiation.

The planet takes 1.5 days to complete an orbit around its star.

Kepler 16 b: planet with a cool star

Composed mostly of rock, this planet was the first one discovered by the Kepler telescope to orbit two stars.

It is about the size of Saturn and lies in a habitable zone, where liquid water could exist, according to Nasa.

Discovered in 2011, the planet orbits stars that are cooler than the Sun.

One year on the planet is 228.8 days.

PSR B1257+12 b: ‘creepy’

Discovered in 1994, this planet is described by scientists as “one of the creepiest ones”.

It orbits a pulsar – a rapidly rotating neutron star, which is the dense core of a massive star that exploded.

  • Helix Nebula is a phase when a star like the Sun runs out of fuel, it expands and its outer layers puff off, and then the core of the star shrinks. All photos: Nasa
    Helix Nebula is a phase when a star like the Sun runs out of fuel, it expands and its outer layers puff off, and then the core of the star shrinks. All photos: Nasa
  • This Cartwheel Galaxy resembles a bull's eye, which is appropriate because its appearance is partly due to a smaller galaxy that passed through the middle of this object.
    This Cartwheel Galaxy resembles a bull's eye, which is appropriate because its appearance is partly due to a smaller galaxy that passed through the middle of this object.
  • On February 24, 1987, observers in the southern hemisphere saw a new object in a nearby galaxy called the Large Magellanic Cloud. This was one of the brightest supernova explosions in centuries and soon became known as Supernova 1987A.
    On February 24, 1987, observers in the southern hemisphere saw a new object in a nearby galaxy called the Large Magellanic Cloud. This was one of the brightest supernova explosions in centuries and soon became known as Supernova 1987A.
  • Messier 82, or M82, is a galaxy that is oriented edge-on to Earth. This gives astronomers an interesting view of what happens as this galaxy undergoes bursts of star formations.
    Messier 82, or M82, is a galaxy that is oriented edge-on to Earth. This gives astronomers an interesting view of what happens as this galaxy undergoes bursts of star formations.
  • Galaxy clusters are the largest objects in the universe held together by gravity. They contain enormous amounts of superheated gas, with temperatures of tens of millions of degrees, which glow brightly in X-rays and can be observed across millions of light years between galaxies.
    Galaxy clusters are the largest objects in the universe held together by gravity. They contain enormous amounts of superheated gas, with temperatures of tens of millions of degrees, which glow brightly in X-rays and can be observed across millions of light years between galaxies.
  • What will be the next star in our Milky Way galaxy to explode as a supernova? Astronomers aren't certain, but one candidate is in Eta Carinae, a volatile system containing two massive stars that closely orbit each other.
    What will be the next star in our Milky Way galaxy to explode as a supernova? Astronomers aren't certain, but one candidate is in Eta Carinae, a volatile system containing two massive stars that closely orbit each other.

The planet, like any other that orbits a pulsar, is inhospitable and is bombarded with constant radiation from its star.

It completes one orbit around its star in 25.3 days.

GJ 504 b: the glowing planet

Four times bigger than Jupiter, this planet is 57 light years from Earth.

Nasa reports that this world is still glowing from the heat of its formation and its colour would appear as a dull magenta.

It is one of the lowest-mass exoplanets yet discovered and has a temperature of about 237°C.

The planet orbits a star that is about 160 million years old.

It takes 259.9 years for the planet to complete one full circle around its star.

TYC 8998-760-1 b: a mysterious world

This planet formed so recently its powerful glow can be detected by ground-based telescope.

Its star is about 17 million years old, which is considered young in astronomy.

Nasa classifies this planet as a brown dwarf, meaning it is considered neither a star nor a planet.

Brown dwarfs are mysterious worlds, with many unanswered questions about their properties and appearance, the space agency said.

“They're too massive to be planets, but not quite massive enough to be stars.”

Temperature on the planet's surface reaches about 1,400°C . Its companion planet, TYC 8998-760-1 c, was discovered in 2020.

It completes one orbit around its star in 2,063.1 years.

55 Cancri e: a lava planet

This lava world orbits a star that is similar to the Sun.

However, the planet’s surface is uninhabitable because it is covered in molten lava. The sky in this world sparkles when the surface lava reflects on the dark side of the planet. Only one side of the planet faces the star, the other is completely dark.

Discovered in 2004, the planet completes one full orbit around its star in 0.7 days.

TOI-849 b: ‘every day is a bad day on this planet’

Discovered in 2020, this planet’s atmosphere is being stripped away because it is so close to its parent star.

It is 40 times the mass of Earth and has little or no atmosphere.

"Every day is a bad day on planet TOI 849 b. About half the mass of our own Saturn, this planet orbits a Sun-like star more than 700 light years from Earth," Nasa said.

“It hugs its star so tightly that a year – one trip around the star – takes less than a day.”

Surface temperature on the planet is about 1,500°C.

Kepler-10 b: hotter than lava on Earth

This is another lava world that orbits too closely to its star.

Daytime temperature on this planet is more than 1,371°C – hotter than the lava on Earth.

It is a rocky planet 1.4 times the size of our planet.

30 remarkable images of the UAE from space 

  • The UAE (centre-right) is well-lit during the night and is very visible from space. This image was captured from the International Space Station. Nasa
    The UAE (centre-right) is well-lit during the night and is very visible from space. This image was captured from the International Space Station. Nasa
  • Nasa astronaut Jessica Meir shared this image of Abu Dhabi two months after Emirati astronaut Hazza Al Mansouri returned to Earth from the space station. Jessica Meir Twitter
    Nasa astronaut Jessica Meir shared this image of Abu Dhabi two months after Emirati astronaut Hazza Al Mansouri returned to Earth from the space station. Jessica Meir Twitter
  • A stunning image of Downtown Dubai taken in 2012 by the Pleiades satellite. The Burj Khalifa is visible. European Space Agency
    A stunning image of Downtown Dubai taken in 2012 by the Pleiades satellite. The Burj Khalifa is visible. European Space Agency
  • The largest mosque in Sharjah captured by Emirati satellite KhaliafSat. Mohammed bin Rashid Space Centre
    The largest mosque in Sharjah captured by Emirati satellite KhaliafSat. Mohammed bin Rashid Space Centre
  • An image of Al Ain in 1984, when there was not a lot of greenery. Abu Dhabi emirate is now considered a green oasis with a major focus in agriculture. Nasa's Earth Observatory
    An image of Al Ain in 1984, when there was not a lot of greenery. Abu Dhabi emirate is now considered a green oasis with a major focus in agriculture. Nasa's Earth Observatory
  • The Mohammed bin Rashid Space Centre counted 45,000 palm trees in Al Ain. The satellite images are helping to monitor the quantity and health of thousands of trees. MBRSC
    The Mohammed bin Rashid Space Centre counted 45,000 palm trees in Al Ain. The satellite images are helping to monitor the quantity and health of thousands of trees. MBRSC
  • Umm Al Quwain, one of the seven emirates of the UAE, seen from space. The emirate is on a peninsula and has many attractive sites, including ancient forts. Zoom Earth
    Umm Al Quwain, one of the seven emirates of the UAE, seen from space. The emirate is on a peninsula and has many attractive sites, including ancient forts. Zoom Earth
  • The Corniche Park in Umm Al Quwain (top) and Municipal Park on the bottom side of the image. Zoom Earth
    The Corniche Park in Umm Al Quwain (top) and Municipal Park on the bottom side of the image. Zoom Earth
  • KhalifaSat captured Jebel Jais, the highest summit in the UAE which is about 2,000 metres above sea level. It also has the world’s longest zipline. MBRSC
    KhalifaSat captured Jebel Jais, the highest summit in the UAE which is about 2,000 metres above sea level. It also has the world’s longest zipline. MBRSC
  • Fujairah is on the east coast of the UAE and is known for its beaches and the Hajar mountains. The mountainous areas are visible in this image, as well as the Fujairah International Airport and the Port Fujairah on the top right. Zoom Earth
    Fujairah is on the east coast of the UAE and is known for its beaches and the Hajar mountains. The mountainous areas are visible in this image, as well as the Fujairah International Airport and the Port Fujairah on the top right. Zoom Earth
  • Abu Dhabi’s Sir Bani Yas Island captured from space in 2010. The island is a major tourist attract with a mix of wildlife, archaeological sites and luxury hotel retreats. Nasa
    Abu Dhabi’s Sir Bani Yas Island captured from space in 2010. The island is a major tourist attract with a mix of wildlife, archaeological sites and luxury hotel retreats. Nasa
  • Dubai seen from the International Space Station. Nasa
    Dubai seen from the International Space Station. Nasa
  • The Strait of Hormuz separates the UAE and Iran. Nasa
    The Strait of Hormuz separates the UAE and Iran. Nasa
  • The UAE captured from space in 2013. Nasa’s Earth Observatory
    The UAE captured from space in 2013. Nasa’s Earth Observatory
  • Hazza Al Mansouri took this photo of Umm Ghafa in Al Ain from the space station in 2019. It is the village where his colleague and reserve astronaut Sultan Al Neyadi grew up. Sultan Al Neyadi twitter
    Hazza Al Mansouri took this photo of Umm Ghafa in Al Ain from the space station in 2019. It is the village where his colleague and reserve astronaut Sultan Al Neyadi grew up. Sultan Al Neyadi twitter
  • The Dubai Expo site captured by KhalifaSat in 2019. The much-anticipated event is set to begin on October 1, 2021. MBRSC
    The Dubai Expo site captured by KhalifaSat in 2019. The much-anticipated event is set to begin on October 1, 2021. MBRSC
  • The man-made Love Lake in Dubai’s Al Qudra desert. MBRSC
    The man-made Love Lake in Dubai’s Al Qudra desert. MBRSC
  • Dust blows over the Arabian Gulf in 2013. The UAE is on the right side of this image and Saudi Arabia is on the left. Nasa’s Earth Observatory
    Dust blows over the Arabian Gulf in 2013. The UAE is on the right side of this image and Saudi Arabia is on the left. Nasa’s Earth Observatory
  • A dust plume over the UAE in 2009. Nasa
    A dust plume over the UAE in 2009. Nasa
  • The Sheikh Khalifa bin Zayed Al Nahyan Mosque in Al Ain captured by KhalifaSat. It features a magnificent dome, which measures 86 metres in diameter. MBRSC
    The Sheikh Khalifa bin Zayed Al Nahyan Mosque in Al Ain captured by KhalifaSat. It features a magnificent dome, which measures 86 metres in diameter. MBRSC
  • The Copernicus Sentinel 2 mission captured this striking view of Abu Dhabi from space. The dark green patch of land is the Mangrove National Park. Ferrari World can be seen in the centre-right of the image. European Space Agency
    The Copernicus Sentinel 2 mission captured this striking view of Abu Dhabi from space. The dark green patch of land is the Mangrove National Park. Ferrari World can be seen in the centre-right of the image. European Space Agency
  • An incredible view of the UAE captured by Hazza Al Mansouri in 2019. Hazza Al Mansouri twitter
    An incredible view of the UAE captured by Hazza Al Mansouri in 2019. Hazza Al Mansouri twitter
  • An image of Abu Dhabi taken from the International Space Station as it orbited 423 kilometres above Oman. Nasa
    An image of Abu Dhabi taken from the International Space Station as it orbited 423 kilometres above Oman. Nasa
  • Planes can be seen parked at Dubai International Airport during the Coronavirus Pandemic in May 2020, when travel was restricted. MBRSC
    Planes can be seen parked at Dubai International Airport during the Coronavirus Pandemic in May 2020, when travel was restricted. MBRSC
  • KhalifaSat captured this stunning image of Abu Dhabi in 2020. MBRSC
    KhalifaSat captured this stunning image of Abu Dhabi in 2020. MBRSC
  • Another view of the UAE’s capital city of Abu Dhabi from space. MBRSC
    Another view of the UAE’s capital city of Abu Dhabi from space. MBRSC
  • One of the most recent photos of Dubai taken in 2020 from space, showing the Palm Jumeirah, Palm Jebel Ali and the World Islands. MBRSC
    One of the most recent photos of Dubai taken in 2020 from space, showing the Palm Jumeirah, Palm Jebel Ali and the World Islands. MBRSC
  • Mangroves, salt domes, salt flats and coral reefs on the south-west coast of the UAE, near Abu Dhabi, captured in 2001. Nasa’s Earth Observatory
    Mangroves, salt domes, salt flats and coral reefs on the south-west coast of the UAE, near Abu Dhabi, captured in 2001. Nasa’s Earth Observatory
  • The first image captured by KhalifaSat in 2018. It is the Palm Jumeirah in Dubai. MBRSC
    The first image captured by KhalifaSat in 2018. It is the Palm Jumeirah in Dubai. MBRSC
  • A manufacturing site on the Arabian Gulf coast of the UAE, near Abu Dhabi. Nasa
    A manufacturing site on the Arabian Gulf coast of the UAE, near Abu Dhabi. Nasa
The specs

Engine: 2-litre 4-cylinder and 3.6-litre 6-cylinder

Power: 220 and 280 horsepower

Torque: 350 and 360Nm

Transmission: eight-speed automatic

Price: from Dh136,521 VAT and Dh166,464 VAT 

On sale: now

Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

7.

Singapore

8.

Australia

9.

Saudi Arabia

10.

South Korea

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

Tamkeen's offering
  • Option 1: 70% in year 1, 50% in year 2, 30% in year 3
  • Option 2: 50% across three years
  • Option 3: 30% across five years 
Our legal columnist

Name: Yousef Al Bahar

Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994

Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers

How to wear a kandura

Dos

  • Wear the right fabric for the right season and occasion 
  • Always ask for the dress code if you don’t know
  • Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work 
  • Wear 100 per cent cotton under the kandura as most fabrics are polyester

Don’ts 

  • Wear hamdania for work, always wear a ghutra and agal 
  • Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying
Other workplace saving schemes
  • The UAE government announced a retirement savings plan for private and free zone sector employees in 2023.
  • Dubai’s savings retirement scheme for foreign employees working in the emirate’s government and public sector came into effect in 2022.
  • National Bonds unveiled a Golden Pension Scheme in 2022 to help private-sector foreign employees with their financial planning.
  • In April 2021, Hayah Insurance unveiled a workplace savings plan to help UAE employees save for their retirement.
  • Lunate, an Abu Dhabi-based investment manager, has launched a fund that will allow UAE private companies to offer employees investment returns on end-of-service benefits.
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Jetour T1 specs

Engine: 2-litre turbocharged

Power: 254hp

Torque: 390Nm

Price: From Dh126,000

Available: Now

Pathaan
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Panipat

Director Ashutosh Gowariker

Produced Ashutosh Gowariker, Rohit Shelatkar, Reliance Entertainment

Cast Arjun Kapoor, Sanjay Dutt, Kriti Sanon, Mohnish Behl, Padmini Kolhapure, Zeenat Aman

Rating 3 /stars

The specs: 2018 Nissan 370Z Nismo

The specs: 2018 Nissan 370Z Nismo
Price, base / as tested: Dh182,178
Engine: 3.7-litre V6
Power: 350hp @ 7,400rpm
Torque: 374Nm @ 5,200rpm
Transmission: Seven-speed automatic
​​​​​​​Fuel consumption, combined: 10.5L / 100km

THE%20FLASH
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Maestro
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Company%20profile
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PREMIER LEAGUE FIXTURES

Saturday (UAE kick-off times)

Watford v Leicester City (3.30pm)

Brighton v Arsenal (6pm)

West Ham v Wolves (8.30pm)

Bournemouth v Crystal Palace (10.45pm)

Sunday

Newcastle United v Sheffield United (5pm)

Aston Villa v Chelsea (7.15pm)

Everton v Liverpool (10pm)

Monday

Manchester City v Burnley (11pm)

The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

The specs

Engine 60kwh FWD

Battery Rimac 120kwh Lithium Nickel Manganese Cobalt Oxide (LiNiMnCoO2) chemistry

Power 204hp Torque 360Nm

Price, base / as tested Dh174,500 

Our legal advisor

Ahmad El Sayed is Senior Associate at Charles Russell Speechlys, a law firm headquartered in London with offices in the UK, Europe, the Middle East and Hong Kong.

Experience: Commercial litigator who has assisted clients with overseas judgments before UAE courts. His specialties are cases related to banking, real estate, shareholder disputes, company liquidations and criminal matters as well as employment related litigation. 

Education: Sagesse University, Beirut, Lebanon, in 2005.

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
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%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Chad%20Stahelski%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Keanu%20Reeves%2C%20Laurence%20Fishburne%2C%20George%20Georgiou%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E4%2F5%3C%2Fp%3E%0A

Personalities on the Plate: The Lives and Minds of Animals We Eat

Barbara J King, University of Chicago Press 

Paatal Lok season two

Directors: Avinash Arun, Prosit Roy 

Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong

Rating: 4.5/5

While you're here
Specs

Engine: Dual-motor all-wheel-drive electric

Range: Up to 610km

Power: 905hp

Torque: 985Nm

Price: From Dh439,000

Available: Now

The specs

A4 35 TFSI

Engine: 2.0-litre, four-cylinder

Transmission: seven-speed S-tronic automatic

Power: 150bhp

Torque: 270Nm

Price: Dh150,000 (estimate)

On sale: First Q 2020

A4 S4 TDI

Engine: 3.0-litre V6 turbo diesel

Transmission: eight-speed PDK automatic

Power: 350bhp

Torque: 700Nm

Price: Dh165,000 (estimate)

On sale: First Q 2020

The permutations for UAE going to the 2018 World Cup finals

To qualify automatically

UAE must beat Iraq.

Australia must lose in Japan and at home to Thailand, with their losing margins and the UAE's winning margin over Iraq being enough to overturn a goal difference gap of eight.

Saudi Arabia must lose to Japan, with their losing margin and the UAE's winning margin over Iraq being enough to overturn a goal difference gap of eight.

 

To finish third and go into a play-off with the other third-placed AFC side for a chance to reach the inter-confederation play-off match

UAE must beat Iraq.

Saudi Arabia must lose to Japan, with their losing margin and the UAE's winning margin over Iraq being enough to overturn a goal difference gap of eight.

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WandaVision

Starring: Elizabeth Olsen, Paul Bettany

Directed by: Matt Shakman

Rating: Four stars

How to watch Ireland v Pakistan in UAE

When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.

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

Tax authority targets shisha levy evasion

The Federal Tax Authority will track shisha imports with electronic markers to protect customers and ensure levies have been paid.

Khalid Ali Al Bustani, director of the tax authority, on Sunday said the move is to "prevent tax evasion and support the authority’s tax collection efforts".

The scheme’s first phase, which came into effect on 1st January, 2019, covers all types of imported and domestically produced and distributed cigarettes. As of May 1, importing any type of cigarettes without the digital marks will be prohibited.

He said the latest phase will see imported and locally produced shisha tobacco tracked by the final quarter of this year.

"The FTA also maintains ongoing communication with concerned companies, to help them adapt their systems to meet our requirements and coordinate between all parties involved," he said.

As with cigarettes, shisha was hit with a 100 per cent tax in October 2017, though manufacturers and cafes absorbed some of the costs to prevent prices doubling.

The Cockroach

 (Vintage)

Ian McEwan 
 

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Who is Mohammed Al Halbousi?

The new speaker of Iraq’s parliament Mohammed Al Halbousi is the youngest person ever to serve in the role.

The 37-year-old was born in Al Garmah in Anbar and studied civil engineering in Baghdad before going into business. His development company Al Hadeed undertook reconstruction contracts rebuilding parts of Fallujah’s infrastructure.

He entered parliament in 2014 and served as a member of the human rights and finance committees until 2017. In August last year he was appointed governor of Anbar, a role in which he has struggled to secure funding to provide services in the war-damaged province and to secure the withdrawal of Shia militias. He relinquished the post when he was sworn in as a member of parliament on September 3.

He is a member of the Al Hal Sunni-based political party and the Sunni-led Coalition of Iraqi Forces, which is Iraq’s largest Sunni alliance with 37 seats from the May 12 election.

He maintains good relations with former Prime Minister Nouri Al Maliki’s State of Law Coaliton, Hadi Al Amiri’s Badr Organisation and Iranian officials.