Residents of Suzu city pass by a house that collapsed when a 6. 5 magnitude earthquake hit Japan's Ishikawa prefecture. AFP
Residents of Suzu city pass by a house that collapsed when a 6. 5 magnitude earthquake hit Japan's Ishikawa prefecture. AFP
Residents of Suzu city pass by a house that collapsed when a 6. 5 magnitude earthquake hit Japan's Ishikawa prefecture. AFP
Residents of Suzu city pass by a house that collapsed when a 6. 5 magnitude earthquake hit Japan's Ishikawa prefecture. AFP

One dead after earthquake shakes central Japan


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Aftershocks shook Japan on Saturday after an earthquake left at least one person dead, with officials assessing damage from the jolt that destroyed several buildings.

The 6.5 magnitude quake hit the central Ishikawa region in the middle of Friday afternoon at a depth of 12 kilometres, according to the Japan Meteorological Agency.

  • A man examines the ruins of house that collapsed after a 6.5 magnitude earthquake hit the city of Suzu, Ishikawa prefecture, in Japan on Friday, killing one person. AFP
    A man examines the ruins of house that collapsed after a 6.5 magnitude earthquake hit the city of Suzu, Ishikawa prefecture, in Japan on Friday, killing one person. AFP
  • The Suzu earthquake causes landslides, tossing huge boulders onto homes and public roads. AFP
    The Suzu earthquake causes landslides, tossing huge boulders onto homes and public roads. AFP
  • Heavy machinery is used to clear the fallen 'torii', or gate of Susu Shrine, on Saturday, after it collapsed when a 6. 5 magnitude earthquake hit the area of Suzu, Ishikawa prefecture. AFP
    Heavy machinery is used to clear the fallen 'torii', or gate of Susu Shrine, on Saturday, after it collapsed when a 6. 5 magnitude earthquake hit the area of Suzu, Ishikawa prefecture. AFP
  • Susu residents inspect their house after it collapsed when a 6. 5 magnitude earthquake hit the area on Friday. AFP
    Susu residents inspect their house after it collapsed when a 6. 5 magnitude earthquake hit the area on Friday. AFP
  • A resident of Suzu collects water from a bowser after a magnitude 6. 5 earthquake cut supplies to his home. EPA
    A resident of Suzu collects water from a bowser after a magnitude 6. 5 earthquake cut supplies to his home. EPA
  • The impact of the earthquake toppled furniture in homes across Suzu. EPA
    The impact of the earthquake toppled furniture in homes across Suzu. EPA
  • The Suzu earthquake triggered a landslide, swamping houses and blocking roads to emergency services. AP
    The Suzu earthquake triggered a landslide, swamping houses and blocking roads to emergency services. AP
  • Wreckage caused by the magnitude 6. 5 earthquake that hit the city of Suzu on Friday. EPA
    Wreckage caused by the magnitude 6. 5 earthquake that hit the city of Suzu on Friday. EPA
  • A car crushed by a collapsed house in the city of Suzu, Ishikawa prefecture. AFP
    A car crushed by a collapsed house in the city of Suzu, Ishikawa prefecture. AFP

About 55 aftershocks, some of them strong, had occurred by Saturday morning, the agency said, as it said that heavy rain could trigger landslides in the area.

At least 23 people had been injured, Japan's disaster management agency said on Saturday.

“Our staff are out checking damage from the quake,” an official from Suzu in Ishikawa prefecture, the hardest-hit city, told AFP.

Two people trapped inside buildings were rescued, he said, and about 50 people had moved to evacuation centres at schools and the city hall.

TV reports showed a grocery shop strewn with broken bottles and other items that had fallen from shelves.

Some residents were seen clearing rubble in the rain after their wooden houses were partially destroyed.

“I asked a carpenter for a makeshift fix of the house, and the house is now covered with a blue tarp to protect it from rainwater,” one man told public broadcaster NHK.

The quake registered an upper six on the Japanese Shindo seismic scale, which goes up to a maximum of seven.

A landslide caused by Friday's earthquake is seen in Suzu city, Ishikawa prefecture, central Japan Saturday, May 6, 2023. A strong, shallow offshore earthquake hit central Japan on Friday afternoon. (Kyodo News via AP)
A landslide caused by Friday's earthquake is seen in Suzu city, Ishikawa prefecture, central Japan Saturday, May 6, 2023. A strong, shallow offshore earthquake hit central Japan on Friday afternoon. (Kyodo News via AP)

Earthquakes are common in Japan, which sits on the Pacific Ring of Fire, an arc of intense seismic activity that stretches through South-East Asia and across the Pacific basin.

Japan has strict construction regulations designed to ensure buildings can withstand strong quakes and routinely holds emergency drills to prepare for a major jolt.

A 6.9 magnitude quake struck a fishing village in the same region in 2007, injuring hundreds and damaging more than 200 buildings on the Noto peninsula — a scenic area on the Sea of Japan coast.

“I express my heartfelt condolences to the person who died and offer my sympathies to those who were hit by the disaster,” Prime Minister Fumio Kishida, who had returned from a tour to four African nations and Singapore, said on Friday.

“The government will continue taking measures with a sense of urgency while closely communicating with [officials] at the scene,” Mr Kishida told reporters.

Japan is haunted by the memory of a magnitude 9 undersea quake off its north-east in March 2011, which triggered a tsunami that left about 18,500 people dead or missing.

In-demand jobs and monthly salaries
  • Technology expert in robotics and automation: Dh20,000 to Dh40,000 
  • Energy engineer: Dh25,000 to Dh30,000 
  • Production engineer: Dh30,000 to Dh40,000 
  • Data-driven supply chain management professional: Dh30,000 to Dh50,000 
  • HR leader: Dh40,000 to Dh60,000 
  • Engineering leader: Dh30,000 to Dh55,000 
  • Project manager: Dh55,000 to Dh65,000 
  • Senior reservoir engineer: Dh40,000 to Dh55,000 
  • Senior drilling engineer: Dh38,000 to Dh46,000 
  • Senior process engineer: Dh28,000 to Dh38,000 
  • Senior maintenance engineer: Dh22,000 to Dh34,000 
  • Field engineer: Dh6,500 to Dh7,500
  • Field supervisor: Dh9,000 to Dh12,000
  • Field operator: Dh5,000 to Dh7,000
Who was Alfred Nobel?

The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.

  • In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
  • Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
  • Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
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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

Banned items
Dubai Police has also issued a list of banned items at the ground on Sunday. These include:
  • Drones
  • Animals
  • Fireworks/ flares
  • Radios or power banks
  • Laser pointers
  • Glass
  • Selfie sticks/ umbrellas
  • Sharp objects
  • Political flags or banners
  • Bikes, skateboards or scooters

Indoor Cricket World Cup - Sept 16-20, Insportz, Dubai

Evacuations to France hit by controversy
  • Over 500 Gazans have been evacuated to France since November 2023
  • Evacuations were paused after a student already in France posted anti-Semitic content and was subsequently expelled to Qatar
  • The Foreign Ministry launched a review to determine how authorities failed to detect the posts before her entry
  • Artists and researchers fall under a programme called Pause that began in 2017
  • It has benefited more than 700 people from 44 countries, including Syria, Turkey, Iran, and Sudan
  • Since the start of the Gaza war, it has also included 45 Gazan beneficiaries
  • Unlike students, they are allowed to bring their families to France
Have you been targeted?

Tuan Phan of SimplyFI.org lists five signs you have been mis-sold to:

1. Your pension fund has been placed inside an offshore insurance wrapper with a hefty upfront commission.

2. The money has been transferred into a structured note. These products have high upfront, recurring commission and should never be in a pension account.

3. You have also been sold investment funds with an upfront initial charge of around 5 per cent. ETFs, for example, have no upfront charges.

4. The adviser charges a 1 per cent charge for managing your assets. They are being paid for doing nothing. They have already claimed massive amounts in hidden upfront commission.

5. Total annual management cost for your pension account is 2 per cent or more, including platform, underlying fund and advice charges.

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Alaan%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202021%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Parthi%20Duraisamy%20and%20Karun%20Kurien%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20FinTech%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20%247%20million%20raised%20in%20total%20%E2%80%94%20%242.5%20million%20in%20a%20seed%20round%20and%20%244.5%20million%20in%20a%20pre-series%20A%20round%3Cbr%3E%3Cbr%3E%3C%2Fp%3E%0A

Starring: Jamie Foxx, Angela Bassett, Tina Fey

Directed by: Pete Doctor

Rating: 4 stars

Springsteen: Deliver Me from Nowhere

Director: Scott Cooper

Starring: Jeremy Allen White, Odessa Young, Jeremy Strong

Rating: 4/5

Why it pays to compare

A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.

Route 1: bank transfer

The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.

Total cost: Dh567.25 - around 2.9 per cent of the total amount

Total received: €4,670.30 

Route 2: online platform

The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.

Total cost: Dh74.10, around 0.4 per cent of the transaction

Total received: €4,756

The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.

Sarfira

Director: Sudha Kongara Prasad

Starring: Akshay Kumar, Radhika Madan, Paresh Rawal 

Rating: 2/5

What can you do?

Document everything immediately; including dates, times, locations and witnesses

Seek professional advice from a legal expert

You can report an incident to HR or an immediate supervisor

You can use the Ministry of Human Resources and Emiratisation’s dedicated hotline

In criminal cases, you can contact the police for additional support

COMPANY PROFILE

Company name: Blah

Started: 2018

Founder: Aliyah Al Abbar and Hend Al Marri

Based: Dubai

Industry: Technology and talent management

Initial investment: Dh20,000

Investors: Self-funded

Total customers: 40

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How will Gen Alpha invest?

Mark Chahwan, co-founder and chief executive of robo-advisory firm Sarwa, forecasts that Generation Alpha (born between 2010 and 2024) will start investing in their teenage years and therefore benefit from compound interest.

“Technology and education should be the main drivers to make this happen, whether it’s investing in a few clicks or their schools/parents stepping up their personal finance education skills,” he adds.

Mr Chahwan says younger generations have a higher capacity to take on risk, but for some their appetite can be more cautious because they are investing for the first time. “Schools still do not teach personal finance and stock market investing, so a lot of the learning journey can feel daunting and intimidating,” he says.

He advises millennials to not always start with an aggressive portfolio even if they can afford to take risks. “We always advise to work your way up to your risk capacity, that way you experience volatility and get used to it. Given the higher risk capacity for the younger generations, stocks are a favourite,” says Mr Chahwan.

Highlighting the role technology has played in encouraging millennials and Gen Z to invest, he says: “They were often excluded, but with lower account minimums ... a customer with $1,000 [Dh3,672] in their account has their money working for them just as hard as the portfolio of a high get-worth individual.”

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%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20Haltia.ai%0D%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202023%0D%3Cbr%3E%3Cstrong%3ECo-founders%3A%3C%2Fstrong%3E%20Arto%20Bendiken%20and%20Talal%20Thabet%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%2C%20UAE%0D%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20AI%0D%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%2041%0D%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20About%20%241.7%20million%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Self%2C%20family%20and%20friends%26nbsp%3B%3C%2Fp%3E%0A

Frankenstein in Baghdad
Ahmed Saadawi
​​​​​​​Penguin Press

Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

The Sand Castle

Director: Matty Brown

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

Rating: 2.5/5

GOLF’S RAHMBO

- 5 wins in 22 months as pro
- Three wins in past 10 starts
- 45 pro starts worldwide: 5 wins, 17 top 5s
- Ranked 551th in world on debut, now No 4 (was No 2 earlier this year)
- 5th player in last 30 years to win 3 European Tour and 2 PGA Tour titles before age 24 (Woods, Garcia, McIlroy, Spieth)

Lexus LX700h specs

Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor

Power: 464hp at 5,200rpm

Torque: 790Nm from 2,000-3,600rpm

Transmission: 10-speed auto

Fuel consumption: 11.7L/100km

On sale: Now

Price: From Dh590,000

THE DETAILS

Deadpool 2

Dir: David Leitch

Starring: Ryan Reynolds, Josh Brolin, Justin Dennison, Zazie Beetz

Four stars

Updated: May 06, 2023, 9:48 AM