• Volunteer fighters stand in a village south-east of Stepanakert during the ongoing fighting between Armenian and Azerbaijani forces. AFP
    Volunteer fighters stand in a village south-east of Stepanakert during the ongoing fighting between Armenian and Azerbaijani forces. AFP
  • A volunteer fighter walks in a valley outside a village south-east of Stepanakert. AFP
    A volunteer fighter walks in a valley outside a village south-east of Stepanakert. AFP
  • Volunteer fighters stand in a village south-east of Stepanakert during the ongoing fighting between Armenian and Azerbaijani forces. AFP
    Volunteer fighters stand in a village south-east of Stepanakert during the ongoing fighting between Armenian and Azerbaijani forces. AFP
  • Volunteer fighters stand in a village south-east of Stepanakert during the ongoing fighting between Armenian and Azerbaijani forces. AFP
    Volunteer fighters stand in a village south-east of Stepanakert during the ongoing fighting between Armenian and Azerbaijani forces. AFP
  • Volunteer fighters stand in a village south-east of Stepanakert during the ongoing fighting between Armenian and Azerbaijani forces. AFP
    Volunteer fighters stand in a village south-east of Stepanakert during the ongoing fighting between Armenian and Azerbaijani forces. AFP
  • Volunteer fighters stand in a village south-east of Stepanakert during the ongoing fighting between Armenian and Azerbaijani forces. AFP
    Volunteer fighters stand in a village south-east of Stepanakert during the ongoing fighting between Armenian and Azerbaijani forces. AFP
  • A tail of a multiple rocket 'Smerch' sticks out of the ground near the town of Martuni, the separatist region of Nagorno-Karabakh. AP
    A tail of a multiple rocket 'Smerch' sticks out of the ground near the town of Martuni, the separatist region of Nagorno-Karabakh. AP
  • A man enters a basement shelter in the city of Stepanakert during the ongoing fighting between Armenian and Azerbaijani forces. AFP
    A man enters a basement shelter in the city of Stepanakert during the ongoing fighting between Armenian and Azerbaijani forces. AFP
  • Rita Khachatryan, 50, whose husband and son were sent to the front line, sits in a basement shelter in the city of Stepanakert. AFP
    Rita Khachatryan, 50, whose husband and son were sent to the front line, sits in a basement shelter in the city of Stepanakert. AFP
  • A fire burns at a factory following shelling during fighting over the separatist region of Nagorno-Karabakh. AP
    A fire burns at a factory following shelling during fighting over the separatist region of Nagorno-Karabakh. AP
  • People inspect a car destroyed during a shelling by Azerbaijan's artillery during a military conflict in Stepanakert. AP
    People inspect a car destroyed during a shelling by Azerbaijan's artillery during a military conflict in Stepanakert. AP
  • A handout photo from the Armenian Foreign Ministry shows firefighters extinguishing a fire after an Azerbeijani shelling in the city of Stepanakert. Armenian Foreign Ministry HO via EPA
    A handout photo from the Armenian Foreign Ministry shows firefighters extinguishing a fire after an Azerbeijani shelling in the city of Stepanakert. Armenian Foreign Ministry HO via EPA
  • Armenian Prime Minister Nikol Pashinyan visits Armenian servicemen who were wounded in the Nagorno-Karabakh during military combat with Azerbaijani Armed Forces. EPA/ARMENIAN GOVERNMENT
    Armenian Prime Minister Nikol Pashinyan visits Armenian servicemen who were wounded in the Nagorno-Karabakh during military combat with Azerbaijani Armed Forces. EPA/ARMENIAN GOVERNMENT
  • Armenia’s Foreign Minister Zohrab Mnatsakanyan meets with US Secretary of State Mike Pompeo at the State Department to discuss the conflict in Nagorno-Karabakh. Reuters
    Armenia’s Foreign Minister Zohrab Mnatsakanyan meets with US Secretary of State Mike Pompeo at the State Department to discuss the conflict in Nagorno-Karabakh. Reuters
  • Azerbaijan's Foreign Minister Jeyhun Bayramov meets with US Secretary of State Mike Pompeo at the State Department to discuss the conflict in Nagorno-Karabakh. Reuters
    Azerbaijan's Foreign Minister Jeyhun Bayramov meets with US Secretary of State Mike Pompeo at the State Department to discuss the conflict in Nagorno-Karabakh. Reuters

Clashes rage in Nagorno-Karabakh despite 'very good' US talks


  • English
  • Arabic

New clashes broke out between Azerbaijan and ethnic Armenian forces over Nagorno-Karabakh a day after talks in Washington to try to end the deadliest fighting in the mountain enclave in more than a quarter of a century.

Azerbaijan's defence ministry reported fighting in and around Nagorno-Karabakh, a part of Azerbaijan populated and controlled by ethnic Armenians.

Local officials accused Azerbaijan's forces of shelling buildings in Stepanakert, the largest city in the region, which Baku denied.

US Secretary of State Mike Pompeo met separately with the foreign ministers of Azerbaijan and Armenia on Friday in a new attempt to end nearly a month of bloodshed that Russian President Vladimir Putin said may have killed 5,000 people.

The collapse of two Russia-brokered ceasefires had already dimmed the prospect of a quick end to fighting that broke out on September 27 over Nagorno-Karabakh.

Azeri forces say they have made territorial gains, including full control over the border with Iran, which Armenia denies. Nagorno-Karabakh's ethnic Armenian administration says its forces have repulsed attacks.

Both sides say they are ready to sit for talks but little diplomatic progress has been made and both say successful mediation is remote.

“We need peace, and it can only be reached through negotiation and talks,”

Armenian President Armen Sarkissian wrote in The National on Friday. "But this is what the Azerbaijani side rejects each and every time, for reasons that are horrific to the rest of us. They claim they have a legitimate right to use force – brutal, military force – against the Armenians living in Nagorno-Karabakh."

Azerbaijan’s President Ilham Aliyev told French newspaper Le Figaro that they were ready to sit down for negotiations but blamed Armenia's actions for the continued hostilities.

"We are ready to stop, even today," Mr Aliyev was quoted as saying. "But, unfortunately, Armenia grossly violated the ceasefire ... If they don't stop, we will go to the end with the aim of liberating all the occupied territories."

US President Donald Trump said "good progress" was being made on the issue but did not elaborate and declined to say if he had spoken with the leaders of either country.

Asked how his talks went, Armenian Foreign Minister Zohrab Mnatsakanyan told reporters "very good" as he exited the US State Department, and added that work on a ceasefire would continue.

World powers want to prevent a wider war that draws in more Turkish support – Ankara has voiced strong support for Azerbaijan and warned it could deploy soldiers to back its ally alongside the thousands of Syrian mercenaries it already has on the ground.

Shortly before the Washington talks, Turkish President Tayyip Erdogan told reporters in Istanbul that he hoped Moscow and Ankara could work together on resolving the conflict.

Differences over the conflict have further strained relations between Ankara and its Nato allies, with Mr Pompeo accusing Turkey of fuelling the conflict by arming the Azeri side. Ankara denies it has inflamed the conflict.

Mr Pompeo had said ahead of Friday's talks that he hoped the "right path forward" could be found.

But Armenian Prime Minister Nikol Pashinyan said he saw no diplomatic resolution of the conflict at this stage, and Mr Aliyev has described the prospects of a peace settlement as "very remote".

About 30,000 people were killed in a 1991-94 war over Nagorno-Karabakh. Armenians regard the enclave as part of their historic homeland; Azeris consider it illegally occupied land that must be returned to their control.

Brief scores:

Pakistan (1st innings) 181: Babar 71; Olivier 6-37

South Africa (1st innings) 223: Bavuma 53; Amir 4-62

Pakistan (2nd innings) 190: Masood 65, Imam 57; Olivier 5-59

The specs

Engine: Direct injection 4-cylinder 1.4-litre
Power: 150hp
Torque: 250Nm
Price: From Dh139,000
On sale: Now

Ponti

Sharlene Teo, Pan Macmillan

THE SPECS

BMW X7 xDrive 50i

Engine: 4.4-litre V8

Transmission: Eight-speed Steptronic transmission

Power: 462hp

Torque: 650Nm

Price: Dh600,000

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

Afghanistan Premier League - at a glance

Venue: Sharjah Cricket Stadium

Fixtures:

Tue, Oct 16, 8pm: Kandahar Knights v Kabul Zwanan; Wed, Oct 17, 4pm: Balkh Legends v Nangarhar Leopards; 8pm: Kandahar Knights v Paktia Panthers; Thu, Oct 18, 4pm: Balkh Legends v Kandahar Knights; 8pm: Kabul Zwanan v Paktia Panthers; Fri, Oct 19, 8pm: First semi-final; Sat, Oct 20, 8pm: Second semi-final; Sun, Oct 21, 8pm: final

Table:

1. Balkh Legends 6 5 1 10

2. Paktia Panthers 6 4 2 8

3. Kabul Zwanan 6 3 3 6

4. Nagarhar Leopards 7 2 5 4

5. Kandahar Knights 5 1 4 2

THE BIO

Family: I have three siblings, one older brother (age 25) and two younger sisters, 20 and 13 

Favourite book: Asking for my favourite book has to be one of the hardest questions. However a current favourite would be Sidewalk by Mitchell Duneier

Favourite place to travel to: Any walkable city. I also love nature and wildlife 

What do you love eating or cooking: I’m constantly in the kitchen. Ever since I changed the way I eat I enjoy choosing and creating what goes into my body. However, nothing can top home cooked food from my parents. 

Favorite place to go in the UAE: A quiet beach.

Profile of Bitex UAE

Date of launch: November 2018

Founder: Monark Modi

Based: Business Bay, Dubai

Sector: Financial services

Size: Eight employees

Investors: Self-funded to date with $1m of personal savings

Company profile

Name: Steppi

Founders: Joe Franklin and Milos Savic

Launched: February 2020

Size: 10,000 users by the end of July and a goal of 200,000 users by the end of the year

Employees: Five

Based: Jumeirah Lakes Towers, Dubai

Financing stage: Two seed rounds – the first sourced from angel investors and the founders' personal savings

Second round raised Dh720,000 from silent investors in June this year

COMPANY PROFILE

Name: Lamsa

Founder: Badr Ward

Launched: 2014

Employees: 60

Based: Abu Dhabi

Sector: EdTech

Funding to date: $15 million

The Travel Diaries of Albert Einstein The Far East, Palestine, and Spain, 1922 – 1923
Editor Ze’ev Rosenkranz
​​​​​​​Princeton

WOMAN AND CHILD

Director: Saeed Roustaee

Starring: Parinaz Izadyar, Payman Maadi

Rating: 4/5

Mercedes V250 Avantgarde specs

Engine: 2.0-litre in-line four-cylinder turbo

Gearbox: 7-speed automatic

Power: 211hp at 5,500rpm

Torque: 350Nm

Fuel economy, combined: 6.0 l/100 km

Price: Dh235,000

Long read

Mageed Yahia, director of WFP in UAE: Coronavirus knows no borders, and neither should the response

The%20specs
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E2.0-litre%204-cyl%20turbo%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E190hp%20at%205%2C600rpm%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E320Nm%20at%201%2C500-4%2C000rpm%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E7-speed%20dual-clutch%20auto%3Cbr%3E%3Cstrong%3EFuel%20consumption%3A%20%3C%2Fstrong%3E10.9L%2F100km%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh119%2C900%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3ENow%3C%2Fp%3E%0A
RESULTS

6.30pm Handicap (TB) $68,000 (Dirt) 1,200m

Winner Canvassed, Par Dobbs (jockey), Doug Watson (trainer)

7.05pm Meydan Cup – Listed Handicap (TB) $88,000 (Turf) 2,810m

Winner Dubai Future, Frankie Dettori, Saeed bin Suroor

7.40pm UAE 2000 Guineas – Group 3 (TB) $125,000 (D) 1,600m

Winner Mouheeb, Ryan Curatolo, Nicholas Bachalard

8.15pm Firebreak Stakes – Group 3 (TB) $130,000 (D) 1,600m

Winner Secret Ambition, Tadhg O’Shea, Satish Seemar

9.50pm Meydan Classic – Conditions (TB) $$50,000 (T) 1,400m

Winner Topper Bill, Richard Mullen, Satish Seemar

9.25pm Dubai Sprint – Listed Handicap (TB) $88,000 (T) 1,200m

Winner Man Of Promise, William Buick, Charlie Appleby

Sri Lanka-India Test series schedule
  • 1st Test India won by 304 runs at Galle
  • 2nd Test India won by innings and 53 runs at Colombo
  • 3rd Test August 12-16 at Pallekele
The specs

Engine: 2.0-litre 4cyl turbo

Power: 261hp at 5,500rpm

Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

Fuel consumption: 6.9L/100km

On sale: Now

Price: From Dh117,059

How much of your income do you need to save?

The more you save, the sooner you can retire. Tuan Phan, a board member of SimplyFI.com, says if you save just 5 per cent of your salary, you can expect to work for another 66 years before you are able to retire without too large a drop in income.

In other words, you will not save enough to retire comfortably. If you save 15 per cent, you can forward to another 43 working years. Up that to 40 per cent of your income, and your remaining working life drops to just 22 years. (see table)

Obviously, this is only a rough guide. How much you save will depend on variables, not least your salary and how much you already have in your pension pot. But it shows what you need to do to achieve financial independence.

 

Desert Warrior

Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

The specs: 2018 Opel Mokka X

Price, as tested: Dh84,000

Engine: 1.4L, four-cylinder turbo

Transmission: Six-speed auto

Power: 142hp at 4,900rpm

Torque: 200Nm at 1,850rpm

Fuel economy, combined: 6.5L / 100km

SERIES INFO

Afghanistan v Zimbabwe, Abu Dhabi Sunshine Series

All matches at the Zayed Cricket Stadium, Abu Dhabi

Test series

1st Test: Zimbabwe beat Afghanistan by 10 wickets
2nd Test: Wednesday, 10 March – Sunday, 14 March

Play starts at 9.30am

T20 series

1st T20I: Wednesday, 17 March
2nd T20I: Friday, 19 March
3rd T20I: Saturday, 20 March

TV
Supporters in the UAE can watch the matches on the Rabbithole channel on YouTube

Profile Idealz

Company: Idealz

Founded: January 2018

Based: Dubai

Sector: E-commerce

Size: (employees): 22

Investors: Co-founders and Venture Partners (9 per cent)

Match info

Uefa Champions League Group B

Barcelona v Tottenham Hotspur, midnight

SERIES INFO

Cricket World Cup League Two
Nepal, Oman, United States tri-series
Tribhuvan University, Kathmandu
 
Fixtures
Wednesday February 5, Oman v Nepal
Thursday, February 6, Oman v United States
Saturday, February 8, United States v Nepal
Sunday, February 9, Oman v Nepal
Tuesday, February 11, Oman v United States
Wednesday, February 12, United States v Nepal

Table
The top three sides advance to the 2022 World Cup Qualifier.
The bottom four sides are relegated to the 2022 World Cup playoff

 1 United States 8 6 2 0 0 12 0.412
2 Scotland 8 4 3 0 1 9 0.139
3 Namibia 7 4 3 0 0 8 0.008
4 Oman 6 4 2 0 0 8 -0.139
5 UAE 7 3 3 0 1 7 -0.004
6 Nepal 0 0 0 0 0 0 0
7 PNG 8 0 8 0 0 0 -0.458

Profile of MoneyFellows

Founder: Ahmed Wadi

Launched: 2016

Employees: 76

Financing stage: Series A ($4 million)

Investors: Partech, Sawari Ventures, 500 Startups, Dubai Angel Investors, Phoenician Fund

WandaVision

Starring: Elizabeth Olsen, Paul Bettany

Directed by: Matt Shakman

Rating: Four stars

EXPATS
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Lulu%20Wang%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Nicole%20Kidman%2C%20Sarayu%20Blue%2C%20Ji-young%20Yoo%2C%20Brian%20Tee%2C%20Jack%20Huston%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
The%20end%20of%20Summer
%3Cp%3EAuthor%3A%20Salha%20Al%20Busaidy%3C%2Fp%3E%0A%3Cp%3EPages%3A%20316%3C%2Fp%3E%0A%3Cp%3EPublisher%3A%20The%20Dreamwork%20Collective%C2%A0%3C%2Fp%3E%0A
The%20Killer
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Company%20Profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20myZoi%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202021%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Syed%20Ali%2C%20Christian%20Buchholz%2C%20Shanawaz%20Rouf%2C%20Arsalan%20Siddiqui%2C%20Nabid%20Hassan%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20UAE%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%3C%2Fstrong%3E%2037%3Cbr%3E%3Cstrong%3EInvestment%3A%3C%2Fstrong%3E%20Initial%20undisclosed%20funding%20from%20SC%20Ventures%3B%20second%20round%20of%20funding%20totalling%20%2414%20million%20from%20a%20consortium%20of%20SBI%2C%20a%20Japanese%20VC%20firm%2C%20and%20SC%20Venture%3C%2Fp%3E%0A

Origin
Dan Brown
Doubleday

COMPANY%20PROFILE%20
%3Cp%3EName%3A%20DarDoc%3Cbr%3EBased%3A%20Abu%20Dhabi%3Cbr%3EFounders%3A%20Samer%20Masri%2C%20Keswin%20Suresh%3Cbr%3ESector%3A%20HealthTech%3Cbr%3ETotal%20funding%3A%20%24800%2C000%3Cbr%3EInvestors%3A%20Flat6Labs%2C%20angel%20investors%20%2B%20Incubated%20by%20Hub71%2C%20Abu%20Dhabi's%20Department%20of%20Health%3Cbr%3ENumber%20of%20employees%3A%2010%3C%2Fp%3E%0A