A US company trying to resurrect the woolly mammoth also wants to bring the Tasmanian tiger back from extinction.
The animal, also called a thylacine, was a marsupial apex predator once widespread across Australia, Tasmania and New Guinea.
While it became extinct eIsewhere in its range thousands of years ago, the thylacine survived on the island of Tasmania.
But following decades of persecution by European settlers, who claimed it preyed on sheep, the marsupial was declared extinct in the 1930s.
The last known individual died at Hobart Zoo on September 7, 1936.
Colossal Biosciences has already said it wanted to combine genetic material from Asian elephants with frozen woolly mammoth DNA to bring back the giant creature.
The Dallas-based company was started by Harvard geneticist George Church and technology entrepreneur Ben Lamm in September 2021 with $15 million in seed funding.
It raised another $60 million six months after launching, despite doubts over the feasibility of resurrecting extinct species.
Winklevoss Capital Management, motivational speaker Tony Robbins and Paris Hilton are among its investors.
Colossal executives said bringing back the thylacine would help re-balance the Australian ecosystem, after decades of biodiversity loss.
Turning a cell into a living animal
The Tasmanian tiger had a wolf-like appearance and hunted other animals.
The shy marsupial had thick black stripes on its body and, fully grown, measured about 1.8 metres from its nose to the tip of its tail.
Colossal plans to take cells from the thylacine’s closest living relatives, such as the dunnart — an insect-eating marsupial the size of a mouse — and genetically engineer them with thylacine DNA.
“You’re actually putting all of those genomic changes into that living cell, and then in the end, you are left with a cell that is a thylacine cell, and you can turn that cell then back into a whole living animal,” said Andrew Pask, an evolutionary biologist who is leading Colossal’s efforts to revive the animal.
Critics have called such experiments a distraction and say if they succeed their effects on the climate and ecosystems would be unpredictable.
Thomas Gilbert, a paleo-geneticist at the University of Copenhagen in Denmark, tested the possibility of resurrecting the Christmas Island rat — also known as Maclear’s rat.
Mr Gilbert’s team had well-preserved DNA samples and abundant reference data from the animal’s cousin, the Norway rat.
Yet even with all that information, he said the researchers were unable to sequence the remaining 5 per cent of the Maclear’s rat’s genome — leaving out important attributes such as immunity and smell.
“If you have a million [genetic] differences between an elephant and a mammoth, you can’t necessarily change any one of those without there being a problem,” Mr Gilbert said.
“If I take a … Honda car, and if you try and put tractor tyres on it or truck tyres, it’s not going to work, right?”
But Michael Archer, a palaeontologist at the University of New South Wales in Sydney, said efforts aimed at de-extinction were necessary.
“It may well be enormously challenging and certainly a lot of work, but we can be certain of one thing — extinct animals will definitely stay extinct if we don’t try these things,” he said.
“Some projects are moving forward quickly. Others will take more time. In principle, there is no fundamental reason why de-extinction should not be possible now or in the near future.”
Colossal’s most recent round of funding drew investment from entertainment world figures, including Australian actor Chris Hemsworth.
“The Tassie tiger’s extinction had a devastating effect on our ecosystem and we are thrilled to support the revolutionary conservation efforts that are being made by Dr Pask and the entire Colossal team,” the Thor star said.
How the UAE gratuity payment is calculated now
Employees leaving an organisation are entitled to an end-of-service gratuity after completing at least one year of service.
The tenure is calculated on the number of days worked and does not include lengthy leave periods, such as a sabbatical. If you have worked for a company between one and five years, you are paid 21 days of pay based on your final basic salary. After five years, however, you are entitled to 30 days of pay. The total lump sum you receive is based on the duration of your employment.
1. For those who have worked between one and five years, on a basic salary of Dh10,000 (calculation based on 30 days):
a. Dh10,000 ÷ 30 = Dh333.33. Your daily wage is Dh333.33
b. Dh333.33 x 21 = Dh7,000. So 21 days salary equates to Dh7,000 in gratuity entitlement for each year of service. Multiply this figure for every year of service up to five years.
2. For those who have worked more than five years
c. 333.33 x 30 = Dh10,000. So 30 days’ salary is Dh10,000 in gratuity entitlement for each year of service.
Note: The maximum figure cannot exceed two years total salary figure.
Essentials
The flights
Emirates flies direct from Dubai to Seattle from Dh6,755 return in economy and Dh24,775 in business class.
The cruise
UnCruise Adventures offers a variety of small-ship cruises in Alaska and around the world. A 14-day Alaska’s Inside Passage and San Juans Cruise from Seattle to Juneau or reverse costs from $4,695 (Dh17,246), including accommodation, food and most activities. Trips in 2019 start in April and run until September.
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
Ain Dubai in numbers
126: The length in metres of the legs supporting the structure
1 football pitch: The length of each permanent spoke is longer than a professional soccer pitch
16 A380 Airbuses: The equivalent weight of the wheel rim.
9,000 tonnes: The amount of steel used to construct the project.
5 tonnes: The weight of each permanent spoke that is holding the wheel rim in place
192: The amount of cable wires used to create the wheel. They measure a distance of 2,4000km in total, the equivalent of the distance between Dubai and Cairo.
The%20specs
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Fatherland
Kele Okereke
(BMG)
Liverpool’s fixtures until end of 2019
Saturday, November 30, Brighton (h)
Wednesday, December 4, Everton (h)
Saturday, December 7, Bournemouth (a)
Tuesday, December 10, Salzburg (a) CL
Saturday, December 14, Watford (h)
Tuesday, December 17, Aston Villa (a) League Cup
Wednesday, December 18, Club World Cup in Qatar
Saturday, December 21, Club World Cup in Qatar
Thursday, December 26, Leicester (a)
Sunday, December 29, Wolves (h)
The%20specs%3A%202024%20Mercedes%20E200
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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
Company%20Profile
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GIANT REVIEW
Starring: Amir El-Masry, Pierce Brosnan
Director: Athale
Rating: 4/5
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The five pillars of Islam
FFP EXPLAINED
What is Financial Fair Play?
Introduced in 2011 by Uefa, European football’s governing body, it demands that clubs live within their means. Chiefly, spend within their income and not make substantial losses.
What the rules dictate?
The second phase of its implementation limits losses to €30 million (Dh136m) over three seasons. Extra expenditure is permitted for investment in sustainable areas (youth academies, stadium development, etc). Money provided by owners is not viewed as income. Revenue from “related parties” to those owners is assessed by Uefa's “financial control body” to be sure it is a fair value, or in line with market prices.
What are the penalties?
There are a number of punishments, including fines, a loss of prize money or having to reduce squad size for European competition – as happened to PSG in 2014. There is even the threat of a competition ban, which could in theory lead to PSG’s suspension from the Uefa Champions League.
THE BIO:
Favourite holiday destination: Thailand. I go every year and I’m obsessed with the fitness camps there.
Favourite book: Born to Run by Christopher McDougall. It’s an amazing story about barefoot running.
Favourite film: A League of their Own. I used to love watching it in my granny’s house when I was seven.
Personal motto: Believe it and you can achieve it.