• The Los Angeles Rams and Cincinnati Bengals will face off in Super Bowl LVI at SoFi Stadium in Inglewood, California. EPA
    The Los Angeles Rams and Cincinnati Bengals will face off in Super Bowl LVI at SoFi Stadium in Inglewood, California. EPA
  • The exterior of SoFi Stadium is seen days before the Super Bowl NFL football game. AP
    The exterior of SoFi Stadium is seen days before the Super Bowl NFL football game. AP
  • NFL Commissioner Roger Goodell delivers a news conference outside of SoFi Stadium. EPA
    NFL Commissioner Roger Goodell delivers a news conference outside of SoFi Stadium. EPA
  • SoFi Stadium has a seating capacity of 70,000, but can expand up to 100,000 when needed. AP
    SoFi Stadium has a seating capacity of 70,000, but can expand up to 100,000 when needed. AP
  • A Cincinnati Bengals uniform is displayed inside SoFi Stadium. AP
    A Cincinnati Bengals uniform is displayed inside SoFi Stadium. AP
  • A closer look at the endzone inside SoFi Stadium, where the Los Angeles Rams will take on the Cincinnati Bengals in Super Bowl LVI. EPA
    A closer look at the endzone inside SoFi Stadium, where the Los Angeles Rams will take on the Cincinnati Bengals in Super Bowl LVI. EPA
  • A closer look at the stands inside SoFi Stadium ahead of Super Bowl LVI. AP
    A closer look at the stands inside SoFi Stadium ahead of Super Bowl LVI. AP
  • SoFi Stadium's videoboard is the largest ever created and the only board capable of 4K video from end to end. EPA
    SoFi Stadium's videoboard is the largest ever created and the only board capable of 4K video from end to end. EPA
  • About 70,000 people are expected to be in attendance for Super Bowl LVI at SoFi Stadium in Inglewood, California. AP
    About 70,000 people are expected to be in attendance for Super Bowl LVI at SoFi Stadium in Inglewood, California. AP
  • SoFi Stadium, home of Super Bowl LVI, cost $5.5 billion to construct. AP
    SoFi Stadium, home of Super Bowl LVI, cost $5.5 billion to construct. AP
  • Workers paint a logo on the field at SoFi Stadium as members of the media watch days before Super Bowl LVI. AP
    Workers paint a logo on the field at SoFi Stadium as members of the media watch days before Super Bowl LVI. AP

Super Bowl LVI: the numbers behind America's most-watched event


Kyle Fitzgerald
  • English
  • Arabic

With 70,000 people in attendance and more than 100 million projected to tune in on Sunday, Super Bowl LVI is expected to post record-breaking ratings.

For only the second time in the National Football League's history, the host city will play in the “Big Game” when the Los Angeles Rams take on the Cincinnati Bengals in Inglewood, California. That could be why ticket prices have steadily dropped in recent days, as Angelenos wait to buy tickets for what they perceive as a home game.

Still, they're going to be spending big money for a seat inside SoFi Stadium.

Fans looking to enjoy a VIP experience on Sunday will have to dole out about $38,000, while Ticketmaster, the NFL's official ticketing partner, listed prices of up to $75,000 per VIP ticket. Ticket-booking company StubHub reported that, as of Friday, tickets for seats in the rafters cost $4,036.

Wait, wait there's more. Parking will be “extremely limited” because of festivities outside the stadium, the city of Inglewood said, meaning those planning to drive will pay a pretty price tag.

On StubHub, parking prices vary wildly, with the cost of spots ranging from $283 all the way up to $6,970.

Nearby residents eager to get in on the action are charging hundreds of dollars for parking spots in private garages and driveways, The Los Angeles Times reported.

Retailers are set to earn $14.6bn from the game this year through sales of merchandise and other items, said the National Retail Federation, which has tracked Super Bowl spending plans since 2007.

Those who won't be heading to the $5.5 billion state-of-the-art stadium are predicted to spend $78.92 on game-related expenses this year, with food and beverages accounting for 79 per cent of spending.

US actor Pete Davidson will appear in an ad for Hellmann's mayonnaise for the 2022 Super Bowl. Hellmann's via AP
US actor Pete Davidson will appear in an ad for Hellmann's mayonnaise for the 2022 Super Bowl. Hellmann's via AP

Must-see TV

More Americans tune in to the Super Bowl than any other television broadcast and a record-breaking 117 million people are expected to watch this year's Super Bowl, said analytics firm PredictHQ.

Last year's Super Bowl drew a whopping 92 million viewers, crushing the second-place broadcast by about 50 million.

American football is a big draw for US viewers, with NFL games making up 75 of the 100 most-watched television broadcasts last year, Sports Business Journal reported.

This photo provided by Frito-Lay North America shows a scene from Lay’s 2022 Super Bowl NFL football spot with Paul Rudd and Seth Rogan. Frito-Lay North America via AP
This photo provided by Frito-Lay North America shows a scene from Lay’s 2022 Super Bowl NFL football spot with Paul Rudd and Seth Rogan. Frito-Lay North America via AP

Mad men

Super Bowl advertisements starring A-listers have become a traditional part of the Big Game with some people only tuning for them. This year's crop will include Seth Rogen, Paul Rudd, Scarlett Johansson, Anna Kendrick, Matthew Matthew McConaughey, Salma Hayek, Will Smith, Eugene Levy, Pete Davidson, Brie Larson and Dave Bautista with sidelined Lindsay Lohan returning to the game for Planet Fitness.

Last year, 76 per cent of viewers cited advertisements as a reason for tuning in and 30 per cent said they were a major reason to watch the game, global decision intelligence company Morning Consult said.

Broadcaster NBC, which is also hosting this year's Winter Olympics, said its advertising slots have sold out.

Last year's Super Bowl generated $434.5m in in-game revenue, research firm Kantar reported. With commercial slots going for as high as $7m this year, NBC expects to profit more than $500m in advertising revenue.

Scores

Rajasthan Royals 160-8 (20 ov)

Kolkata Knight Riders 163-3 (18.5 ov)

UNSC Elections 2022-23

Seats open:

  • Two for Africa Group
  • One for Asia-Pacific Group (traditionally Arab state or Tunisia)
  • One for Latin America and Caribbean Group
  • One for Eastern Europe Group

Countries so far running: 

  • UAE
  • Albania 
  • Brazil 
ARGENTINA SQUAD

Goalkeepers: Franco Armani, Agustin Marchesin, Esteban Andrada
Defenders: Juan Foyth, Nicolas Otamendi, German Pezzella, Nicolas Tagliafico, Ramiro Funes Mori, Renzo Saravia, Marcos Acuna, Milton Casco
Midfielders: Leandro Paredes, Guido Rodriguez, Giovani Lo Celso, Exequiel Palacios, Roberto Pereyra, Rodrigo De Paul, Angel Di Maria
Forwards: Lionel Messi, Sergio Aguero, Lautaro Martinez, Paulo Dybala, Matias Suarez

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

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%3Cp%3EAverage%20amount%20of%20biofuel%20produced%20at%20DIC%20factory%20every%20month%3A%20%3Cstrong%3EApproximately%20106%2C000%20litres%3C%2Fstrong%3E%3C%2Fp%3E%0A%3Cp%3EAmount%20of%20biofuel%20produced%20from%201%20litre%20of%20used%20cooking%20oil%3A%20%3Cstrong%3E920ml%20(92%25)%3C%2Fstrong%3E%3C%2Fp%3E%0A%3Cp%3ETime%20required%20for%20one%20full%20cycle%20of%20production%20from%20used%20cooking%20oil%20to%20biofuel%3A%20%3Cstrong%3EOne%20day%3C%2Fstrong%3E%3C%2Fp%3E%0A%3Cp%3EEnergy%20requirements%20for%20one%20cycle%20of%20production%20from%201%2C000%20litres%20of%20used%20cooking%20oil%3A%3Cbr%3E%3Cstrong%3E%E2%96%AA%20Electricity%20-%201.1904%20units%3Cbr%3E%E2%96%AA%20Water-%2031%20litres%3Cbr%3E%E2%96%AA%20Diesel%20%E2%80%93%2026.275%20litres%3C%2Fstrong%3E%3C%2Fp%3E%0A
Countries recognising Palestine

France, UK, Canada, Australia, Portugal, Belgium, Malta, Luxembourg, San Marino and Andorra

 

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.
Company profile

Name: Tratok Portal

Founded: 2017

Based: UAE

Sector: Travel & tourism

Size: 36 employees

Funding: Privately funded

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Updated: February 11, 2022, 8:39 PM