• Government supporters, reflected in a storefront window, protest against US sanctions as they celebrate May Day in Caracas, Venezuela, amid the coronavirus pandemic. AP Photo
    Government supporters, reflected in a storefront window, protest against US sanctions as they celebrate May Day in Caracas, Venezuela, amid the coronavirus pandemic. AP Photo
  • Police stand in front of a fire during the annual leftist protest march on May Day amid the third wave of the coronavirus pandemic on Saturday in Berlin, Germany. Getty Images
    Police stand in front of a fire during the annual leftist protest march on May Day amid the third wave of the coronavirus pandemic on Saturday in Berlin, Germany. Getty Images
  • Police forces use a water cannon to disperse protesters on the Place de la Nation during May Day march on Saturday in Paris. AP Photo
    Police forces use a water cannon to disperse protesters on the Place de la Nation during May Day march on Saturday in Paris. AP Photo
  • A woman lights candles during an Orthodox Easter religious service at the Armenian cathedral in Bucharest, Romania, on Saturday, May 1, 2021. AP Photo
    A woman lights candles during an Orthodox Easter religious service at the Armenian cathedral in Bucharest, Romania, on Saturday, May 1, 2021. AP Photo
  • Children sit next to a woman during an Orthodox Easter religious service at the Armenian cathedral in Bucharest, Romania, on May 1, 2021. AP Photo
    Children sit next to a woman during an Orthodox Easter religious service at the Armenian cathedral in Bucharest, Romania, on May 1, 2021. AP Photo
  • A balloon seller walks through a closed market on May 1, 2021 in Lahore, Pakistan, amid a weekend lockdown put in place to curb the spread of the coronavirus. Getty Images
    A balloon seller walks through a closed market on May 1, 2021 in Lahore, Pakistan, amid a weekend lockdown put in place to curb the spread of the coronavirus. Getty Images
  • A food delivery man rides a motorcycle on a nearly empty street in Bangkok on May 1, 2021 as the Thai capital entered a partial lockdown in a bid to contain the rise in Covid-19 infections. EPA
    A food delivery man rides a motorcycle on a nearly empty street in Bangkok on May 1, 2021 as the Thai capital entered a partial lockdown in a bid to contain the rise in Covid-19 infections. EPA
  • People receive a dose of the China-made Sinovac Covid-19 vaccine during a vaccination drive at a centre in Phnom Penh, Cambodia. EPA
    People receive a dose of the China-made Sinovac Covid-19 vaccine during a vaccination drive at a centre in Phnom Penh, Cambodia. EPA
  • A ground staff unloading the Covid-19 coronavirus medical aid supplies from Germany, at an airport in New Delhi. AFP
    A ground staff unloading the Covid-19 coronavirus medical aid supplies from Germany, at an airport in New Delhi. AFP
  • Pope Francis leads a rosary prayer at the start of May as a month of daily services begin at churches around the world for the end of coronavirus pandemic, at the Vatican City, on May 1, 2021. Reuters
    Pope Francis leads a rosary prayer at the start of May as a month of daily services begin at churches around the world for the end of coronavirus pandemic, at the Vatican City, on May 1, 2021. Reuters
  • Snooker fans watch a Covid-19 awareness programme before attending the Betfred World Snooker Championships 2021, at Crucible Theatre in Sheffield, England. Getty Images
    Snooker fans watch a Covid-19 awareness programme before attending the Betfred World Snooker Championships 2021, at Crucible Theatre in Sheffield, England. Getty Images
  • Filipino workers and activists with masks and shields march on the streets in the nation's capital Manila to celebrate May Day on Saturday. Getty Images
    Filipino workers and activists with masks and shields march on the streets in the nation's capital Manila to celebrate May Day on Saturday. Getty Images

Coronavirus latest: Abu Dhabi updates home quarantine rules for arriving passengers and residents


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Top stories  

SQUADS

UAE
Mohammed Naveed (captain), Mohamed Usman (vice-captain), Ashfaq Ahmed, Chirag Suri, Shaiman Anwar, Mohammed Boota, Ghulam Shabber, Imran Haider, Tahir Mughal, Amir Hayat, Zahoor Khan, Qadeer Ahmed, Fahad Nawaz, Abdul Shakoor, Sultan Ahmed, CP Rizwan

Nepal
Paras Khadka (captain), Gyanendra Malla, Dipendra Singh Airee, Pradeep Airee, Binod Bhandari, Avinash Bohara, Sundeep Jora, Sompal Kami, Karan KC, Rohit Paudel, Sandeep Lamichhane, Lalit Rajbanshi, Basant Regmi, Pawan Sarraf, Bhim Sharki, Aarif Sheikh

 

Company: Instabug

Founded: 2013

Based: Egypt, Cairo

Sector: IT

Employees: 100

Stage: Series A

Investors: Flat6Labs, Accel, Y Combinator and angel investors

India squad

Virat Kohli (captain), Rohit Sharma, Mayank Agarwal, K.L. Rahul, Shreyas Iyer, Manish Pandey, Rishabh Pant, Shivam Dube, Kedar Jadhav, Ravindra Jadeja, Yuzvendra Chahal, Kuldeep Yadav, Deepak Chahar, Mohammed Shami, Shardul Thakur.

MATCH INFO

League Cup, last 16

Manchester City v Southampton, Tuesday, 11.45pm (UAE)

Mental%20health%20support%20in%20the%20UAE
%3Cp%3E%E2%97%8F%20Estijaba%20helpline%3A%208001717%3Cbr%3E%E2%97%8F%20UAE%20Ministry%20of%20Health%20and%20Prevention%20hotline%3A%20045192519%3Cbr%3E%E2%97%8F%20UAE%20Mental%20health%20support%20line%3A%20800%204673%20(Hope)%3Cbr%3EMore%20information%20at%20hope.hw.gov.ae%3C%2Fp%3E%0A
Malcolm & Marie

Directed by: Sam Levinson

Starring: John David Washington and Zendaya

Three stars

WHAT ARE NFTs?

     

 

    

 

   

 

Non-fungible tokens (NFTs) are tokens that represent ownership of unique items. They allow the tokenisation of things such as art, collectibles and even real estate.

 

An NFT can have only one official owner at one time. And since they're minted and secured on the Ethereum blockchain, no one can modify the record of ownership, not even copy-paste it into a new one.

 

This means NFTs are not interchangeable and cannot be exchanged with other items. In contrast, fungible items, such as fiat currencies, can be exchanged because their value defines them rather than their unique properties.

 
The specs

Engine: 1.5-litre, 4-cylinder turbo

Transmission: CVT

Power: 170bhp

Torque: 220Nm

Price: Dh98,900

EA Sports FC 26

Publisher: EA Sports

Consoles: PC, PlayStation 4/5, Xbox Series X/S

Rating: 3/5

Oppenheimer
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EChristopher%20Nolan%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%20%3C%2Fstrong%3ECillian%20Murphy%2C%20Emily%20Blunt%2C%20Robert%20Downey%20Jr%2C%20Florence%20Pugh%2C%20Matt%20Damon%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E5%2F5%3Cbr%3E%3C%2Fp%3E%0A
The specs

Engine: 4.0-litre V8 twin-turbocharged and three electric motors

Power: Combined output 920hp

Torque: 730Nm at 4,000-7,000rpm

Transmission: 8-speed dual-clutch automatic

Fuel consumption: 11.2L/100km

On sale: Now, deliveries expected later in 2025

Price: expected to start at Dh1,432,000

Ferrari 12Cilindri specs

Engine: naturally aspirated 6.5-liter V12

Power: 819hp

Torque: 678Nm at 7,250rpm

Price: From Dh1,700,000

Available: Now

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

Women's Prize for Fiction shortlist

The Silence of the Girls by Pat Barker

My Sister, the Serial Killer by Oyinkan Braithwaite

Milkman by Anna Burns

Ordinary People by Diana Evans

An American Marriage by Tayari Jones

Circe by Madeline Miller

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 
Chef Nobu's advice for eating sushi

“One mistake people always make is adding extra wasabi. There is no need for this, because it should already be there between the rice and the fish.
“When eating nigiri, you must dip the fish – not the rice – in soy sauce, otherwise the rice will collapse. Also, don’t use too much soy sauce or it will make you thirsty. For sushi rolls, dip a little of the rice-covered roll lightly in soy sauce and eat in one bite.
“Chopsticks are acceptable, but really, I recommend using your fingers for sushi. Do use chopsticks for sashimi, though.
“The ginger should be eaten separately as a palette cleanser and used to clear the mouth when switching between different pieces of fish.”