• People pause at a newly painted George Floyd mural on a building near central Atlanta, Georgia, on June 11, 2020. EPA
    People pause at a newly painted George Floyd mural on a building near central Atlanta, Georgia, on June 11, 2020. EPA
  • Protesters and police face each other during a rally for George Floyd in Minneapolis on Tuesday, May 26, 2020. AP
    Protesters and police face each other during a rally for George Floyd in Minneapolis on Tuesday, May 26, 2020. AP
  • A row of police officers walk with the coffin of George Floyd, whose death in Minneapolis police custody sparked nationwide protests against racial inequality, before his burial at the Houston Memorial Gardens cemetery in Pearland, Texas, on June 9, 2020. Reuters
    A row of police officers walk with the coffin of George Floyd, whose death in Minneapolis police custody sparked nationwide protests against racial inequality, before his burial at the Houston Memorial Gardens cemetery in Pearland, Texas, on June 9, 2020. Reuters
  • Protesters march on Hiawatha Avenue against the killing of George Floyd in Minneapolis, Minnesota. Four Minneapolis police officers have been fired after a video posted on social media showed Floyd's neck being pinned to the ground by an officer as he said, 'I cant breathe'. AFP
    Protesters march on Hiawatha Avenue against the killing of George Floyd in Minneapolis, Minnesota. Four Minneapolis police officers have been fired after a video posted on social media showed Floyd's neck being pinned to the ground by an officer as he said, 'I cant breathe'. AFP
  • A firework explodes by a police line as demonstrators gather to protest against the death of George Floyd, on Saturday, May 30, 2020, near the White House in Washington. Floyd died after being restrained by Minneapolis police officers. AP Photo
    A firework explodes by a police line as demonstrators gather to protest against the death of George Floyd, on Saturday, May 30, 2020, near the White House in Washington. Floyd died after being restrained by Minneapolis police officers. AP Photo
  • Medics tend to a man who was shot in the arm by a driver of a black vehicle at a protest against racial inequality following the death in Minneapolis police custody of George Floyd, in Seattle, Washington, on June 7, 2020. Reuters
    Medics tend to a man who was shot in the arm by a driver of a black vehicle at a protest against racial inequality following the death in Minneapolis police custody of George Floyd, in Seattle, Washington, on June 7, 2020. Reuters
  • Philonise Floyd, George Floyd's brother, holds his fist as he marches with fellow protesters near the White House against police brutality and racism, on June 10, 2020 in Washington DC. The brother of George Floyd, whose killing by police sparked worldwide protests against racism, made an emotional plea to the US Congress to pass reforms that reduce police brutality. AFP
    Philonise Floyd, George Floyd's brother, holds his fist as he marches with fellow protesters near the White House against police brutality and racism, on June 10, 2020 in Washington DC. The brother of George Floyd, whose killing by police sparked worldwide protests against racism, made an emotional plea to the US Congress to pass reforms that reduce police brutality. AFP
  • A broken Statue of Liberty figure is seen between glass shatters outside a looted souvenir shop after a night of protest over the death of African-American George Floyd in Minneapolis on June 2, 2020 in Manhattan in New York City. AFP
    A broken Statue of Liberty figure is seen between glass shatters outside a looted souvenir shop after a night of protest over the death of African-American George Floyd in Minneapolis on June 2, 2020 in Manhattan in New York City. AFP
  • Demonstrators scuffle with police officers as they try to march through Times Square during a protest against racial inequality in the aftermath of the death in Minneapolis police custody of George Floyd, in New York City, New York, on June 14, 2020. Reuters
    Demonstrators scuffle with police officers as they try to march through Times Square during a protest against racial inequality in the aftermath of the death in Minneapolis police custody of George Floyd, in New York City, New York, on June 14, 2020. Reuters
  • A demonstrator raises fist as a fire burns in the street after clashes with law enforcement shortly after midnight on June 8, 2020 in Seattle, Washington. Getty
    A demonstrator raises fist as a fire burns in the street after clashes with law enforcement shortly after midnight on June 8, 2020 in Seattle, Washington. Getty
  • An elderly man appears to be shoved by riot police in Buffalo, New York. Reuters
    An elderly man appears to be shoved by riot police in Buffalo, New York. Reuters
  • Protesters scuffle with members of the US Army as they demonstrate against the death of George Floyd, near the White House on June 3, 2020 in Washington, DC. AFP
    Protesters scuffle with members of the US Army as they demonstrate against the death of George Floyd, near the White House on June 3, 2020 in Washington, DC. AFP
  • Protesters on horseback march against the death in Minneapolis police custody of George Floyd, through downtown Houston, Texas, on June 2, 2020. Reuters
    Protesters on horseback march against the death in Minneapolis police custody of George Floyd, through downtown Houston, Texas, on June 2, 2020. Reuters
  • A tanker truck drives into thousands of protesters marching on 35W north-bound motorway during a protest against the death in Minneapolis police custody of George Floyd, in Minneapolis, Minnesota, on May 31, 2020. Reuters
    A tanker truck drives into thousands of protesters marching on 35W north-bound motorway during a protest against the death in Minneapolis police custody of George Floyd, in Minneapolis, Minnesota, on May 31, 2020. Reuters
  • Demonstrators jump on a damaged police vehicle in Los Angeles on May 30, 2020 during a protest against the death of George Floyd. AFP
    Demonstrators jump on a damaged police vehicle in Los Angeles on May 30, 2020 during a protest against the death of George Floyd. AFP
  • Demonstrators kneel before police on May 30, 2020, in Minneapolis. AP Photo
    Demonstrators kneel before police on May 30, 2020, in Minneapolis. AP Photo
  • Protesters gather under the rain near the spot where George Floyd died in the custody of the Minneapolis Police, in Minneapolis, Minnesota. AFP
    Protesters gather under the rain near the spot where George Floyd died in the custody of the Minneapolis Police, in Minneapolis, Minnesota. AFP
  • People, who gathered in protest against the death of George Floyd, march to the White House in Washington DC on June 2, 2020. EPA
    People, who gathered in protest against the death of George Floyd, march to the White House in Washington DC on June 2, 2020. EPA

US protests: House Democrats pass police reform bill


  • English
  • Arabic

Democrats in the US House of Representatives voted on Thursday evening to pass sweeping police reforms, listed in the George Floyd Justice in Policing Act.

The bill is the most ambitious proposed changes to police procedures and accountability in decades.

Backed by the nation’s leading civil rights groups, it seeks to respond to weeks of mass demonstrations, but it has almost no chance of becoming law.

On the eve of the vote, US President Donald Trump’s administration said he would veto the bill.

And Senate majority leader Mitch McConnell said it would not pass in the Republican-held chamber.

After a different policing bill proposed by the Republicans was blocked on Wednesday by Democrats in the Senate, Mr Trump shrugged.

“If nothing happens with it, it’s one of those things,” Mr Trump said. “We have different philosophies.”

Congress is now at an impasse despite mass protests and polling that shows Americans overwhelmingly want changes after the deaths of Floyd, Breonna Taylor and many others killed in interactions with police.

US House Democrats participate hold a news conference ahead of the vote on the George Floyd Justice in Policing Act. AFP
US House Democrats participate hold a news conference ahead of the vote on the George Floyd Justice in Policing Act. AFP

House Speaker Nancy Pelosi gathered with members of the Congressional Black Caucus on the steps of Capitol Hill.

Ms Pelosi challenged Congress not to allow the deaths to have been in vain or the outpouring of public support for law enforcement changes to go unanswered.

“Exactly one month ago, George Floyd spoke his final words – ‘I can’t breathe’ – and changed the course of history,” she said.

Ms Pelosi said the Senate faced a choice “to honour George Floyd’s life or to do nothing".

It has been a month since Floyd’s death on May 25 death sparked a global reckoning over police tactics and racial injustice.

Since then, funeral services were held for Rayshard Brooks, an African-American man shot and killed by police in Atlanta.

Politicians who have been working from home during the Covid-19 crisis were summoned to the Capitol for an emotional, daylong debate.\

Dozens are voting by proxy under new pandemic rules.

During the day, several Democrats read the names of those killed, shared experiences of racial bias and echoed support of Black Lives Matter activists.

Karen Bass, the chairwoman of the Congressional Black Caucus, said hundreds of thousands of people “in every state in the union” are marching in the streets to make sure Floyd “will not be just another black man dead at the hands of the police.”

In the stalemate over the policing overhaul, both bills share common elements that could be grounds for a compromise.

Central to both would be the creation of a national database of incidents where too much force has been used, to provide transparency on officers’ records if they transfer from one agency to another.

The bills would restrict police choke holds and set up new training procedures, including the use of body cameras.

The Democratic bill goes much further, mandating many of those changes, while also revising the federal statute for police misconduct and holding officers personally liable for damages in lawsuits.

It also would halt the practice of sending military equipment to local law enforcement agencies.

Neither bill goes as far as some activists want with calls to defund the police and shift resources to other community services.

Before the vote, the parents of other Americans killed in police encounters, including Eric Garner, Tamir Rice and John Crawford, endorsed the Justice in Policing Act.

“The unjust killing of a loved one, especially at the hands of law enforcement, is a pain too many families have been forced to endure," they said in a statement.

"We are proud to support this effort because it’s the right thing to do."

Ferrari 12Cilindri specs

Engine: naturally aspirated 6.5-liter V12

Power: 819hp

Torque: 678Nm at 7,250rpm

Price: From Dh1,700,000

Available: Now

SPEC%20SHEET%3A%20NOTHING%20PHONE%20(2a)
%3Cp%3E%3Cstrong%3EDisplay%3A%3C%2Fstrong%3E%206.7%E2%80%9D%20flexible%20Amoled%2C%202412%20x%201080%2C%20394ppi%2C%20120Hz%2C%20Corning%20Gorilla%20Glass%205%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EProcessor%3A%3C%2Fstrong%3E%20MediaTek%20Dimensity%207200%20Pro%2C%204nm%2C%20octa-core%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMemory%3A%3C%2Fstrong%3E%208%2F12GB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECapacity%3A%3C%2Fstrong%3E%20128%2F256GB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPlatform%3A%3C%2Fstrong%3E%20Android%2014%2C%20Nothing%20OS%202.5%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMain%20camera%3A%3C%2Fstrong%3E%20Dual%2050MP%20main%2C%20f%2F1.88%20%2B%2050MP%20ultra-wide%2C%20f%2F2.2%3B%20OIS%2C%20EIS%2C%20auto-focus%2C%20ultra%20XDR%2C%20night%20mode%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMain%20camera%20video%3A%3C%2Fstrong%3E%204K%20%40%2030fps%2C%20full-HD%20%40%2060fps%3B%20slo-mo%20full-HD%20at%20120fps%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFront%20camera%3A%3C%2Fstrong%3E%2032MP%20wide%2C%20f%2F2.2%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBattery%3A%3C%2Fstrong%3E%205000mAh%3B%2050%25%20in%2030%20mins%20w%2F%2045w%20charger%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EConnectivity%3A%3C%2Fstrong%3E%20Wi-Fi%2C%20Bluetooth%205.3%2C%20NFC%20(Google%20Pay)%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBiometrics%3A%3C%2Fstrong%3E%20Fingerprint%2C%20face%20unlock%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EI%2FO%3A%3C%2Fstrong%3E%20USB-C%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EDurability%3A%3C%2Fstrong%3E%20IP54%2C%20limited%20protection%20from%20water%2Fdust%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECards%3A%3C%2Fstrong%3E%20Dual-nano%20SIM%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EColours%3A%3C%2Fstrong%3E%20Black%2C%20milk%2C%20white%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EIn%20the%20box%3A%3C%2Fstrong%3E%20Nothing%20Phone%20(2a)%2C%20USB-C-to-USB-C%20cable%2C%20pre-applied%20screen%20protector%2C%20SIM%20tray%20ejector%20tool%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPrice%20(UAE)%3A%3C%2Fstrong%3E%20Dh1%2C199%20(8GB%2F128GB)%20%2F%20Dh1%2C399%20(12GB%2F256GB)%3C%2Fp%3E%0A

COMPANY PROFILE

Name: Rain Management

Year started: 2017

Based: Bahrain

Employees: 100-120

Amount raised: $2.5m from BitMex Ventures and Blockwater. Another $6m raised from MEVP, Coinbase, Vision Ventures, CMT, Jimco and DIFC Fintech Fund

England squads for Test and T20 series against New Zealand

Test squad: Joe Root (capt), Jofra Archer, Stuart Broad, Rory Burns, Jos Buttler, Zak Crawley, Sam Curran, Joe Denly, Jack Leach, Saqib Mahmood, Matthew Parkinson, Ollie Pope, Dominic Sibley, Ben Stokes, Chris Woakes

T20 squad: Eoin Morgan (capt), Jonny Bairstow, Tom Banton, Sam Billings, Pat Brown, Sam Curran, Tom Curran, Joe Denly, Lewis Gregory, Chris Jordan, Saqib Mahmood, Dawid Malan, Matt Parkinson, Adil Rashid, James Vince

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

UEFA CHAMPIONS LEAGUE FIXTURES

All kick-off times 10.45pm UAE ( 4 GMT) unless stated

Tuesday
Sevilla v Maribor
Spartak Moscow v Liverpool
Manchester City v Shakhtar Donetsk
Napoli v Feyenoord
Besiktas v RB Leipzig
Monaco v Porto
Apoel Nicosia v Tottenham Hotspur
Borussia Dortmund v Real Madrid

Wednesday
Basel v Benfica
CSKA Moscow Manchester United
Paris Saint-Germain v Bayern Munich
Anderlecht v Celtic
Qarabag v Roma (8pm)
Atletico Madrid v Chelsea
Juventus v Olympiakos
Sporting Lisbon v Barcelona

Spider-Man%202
%3Cp%3E%3Cstrong%3EDeveloper%3A%3C%2Fstrong%3E%20Insomniac%20Games%0D%3Cbr%3E%3Cstrong%3EPublisher%3A%3C%2Fstrong%3E%20%20Sony%20Interactive%20Entertainment%0D%3Cbr%3E%3Cstrong%3EConsole%3A%20%3C%2Fstrong%3EPlayStation%205%0D%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%205%2F5%3C%2Fp%3E%0A

'How To Build A Boat'
Jonathan Gornall, Simon & Schuster

Honeymoonish
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Elie%20El%20Samaan%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%20%3C%2Fstrong%3ENour%20Al%20Ghandour%2C%20Mahmoud%20Boushahri%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203%2F5%3C%2Fp%3E%0A
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

In numbers: China in Dubai

The number of Chinese people living in Dubai: An estimated 200,000

Number of Chinese people in International City: Almost 50,000

Daily visitors to Dragon Mart in 2018/19: 120,000

Daily visitors to Dragon Mart in 2010: 20,000

Percentage increase in visitors in eight years: 500 per cent

 

Company: Instabug

Founded: 2013

Based: Egypt, Cairo

Sector: IT

Employees: 100

Stage: Series A

Investors: Flat6Labs, Accel, Y Combinator and angel investors

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.”

Most%20polluted%20cities%20in%20the%20Middle%20East
%3Cp%3E1.%20Baghdad%2C%20Iraq%3Cbr%3E2.%20Manama%2C%20Bahrain%3Cbr%3E3.%20Dhahran%2C%20Saudi%20Arabia%3Cbr%3E4.%20Kuwait%20City%2C%20Kuwait%3Cbr%3E5.%20Ras%20Al%20Khaimah%2C%20UAE%3Cbr%3E6.%20Ash%20Shihaniyah%2C%20Qatar%3Cbr%3E7.%20Abu%20Dhabi%2C%20UAE%3Cbr%3E8.%20Cairo%2C%20Egypt%3Cbr%3E9.%20Riyadh%2C%20Saudi%20Arabia%3Cbr%3E10.%20Dubai%2C%20UAE%3C%2Fp%3E%0A%3Cp%3E%3Cem%3ESource%3A%202022%20World%20Air%20Quality%20Report%3C%2Fem%3E%3C%2Fp%3E%0A
MOST%20POLLUTED%20COUNTRIES%20IN%20THE%20WORLD
%3Cp%3E1.%20Chad%3Cbr%3E2.%20Iraq%3Cbr%3E3.%20Pakistan%3Cbr%3E4.%20Bahrain%3Cbr%3E5.%20Bangladesh%3Cbr%3E6.%20Burkina%20Faso%3Cbr%3E7.%20Kuwait%3Cbr%3E8.%20India%3Cbr%3E9.%20Egypt%3Cbr%3E10.%20Tajikistan%3Cbr%3E%3Cbr%3E%3Cem%3ESource%3A%202022%20World%20Air%20Quality%20Report%3C%2Fem%3E%3C%2Fp%3E%0A
NYBL PROFILE

Company name: Nybl 

Date started: November 2018

Founder: Noor Alnahhas, Michael LeTan, Hafsa Yazdni, Sufyaan Abdul Haseeb, Waleed Rifaat, Mohammed Shono

Based: Dubai, UAE

Sector: Software Technology / Artificial Intelligence

Initial investment: $500,000

Funding round: Series B (raising $5m)

Partners/Incubators: Dubai Future Accelerators Cohort 4, Dubai Future Accelerators Cohort 6, AI Venture Labs Cohort 1, Microsoft Scale-up 

EA Sports FC 26

Publisher: EA Sports

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

Rating: 3/5

Disposing of non-recycleable masks
    Use your ‘black bag’ bin at home Do not put them in a recycling bin Take them home with you if there is no litter bin
  • No need to bag the mask
Which products are to be taxed?

To be taxed:

Flavoured water, long-life fruit juice concentrates, pre-packaged sweetened coffee drinks fall under the ‘sweetened drink’ category

Not taxed

Freshly squeezed fruit juices, ground coffee beans, tea leaves and pre-prepared flavoured milkshakes do not come under the ‘sweetened drink’ band.

Products excluded from the ‘sweetened drink’ category would contain at least 75 per cent milk in a ready-to-drink form or as a milk substitute, baby formula, follow-up formula or baby food, beverages consumed for medicinal use and special dietary needs determined as per GCC Standardisation Organisation rules