• A noose and makeshift gallows was erected on the National Mall near the US Capitol on January 6, 2021, as rioters chanted, 'Hang Mike Pence'. Bloomberg
    A noose and makeshift gallows was erected on the National Mall near the US Capitol on January 6, 2021, as rioters chanted, 'Hang Mike Pence'. Bloomberg
  • The rioters yelled 'hang Mike Pence' during the attack. AFP
    The rioters yelled 'hang Mike Pence' during the attack. AFP
  • Chairman Bennie Thompson swears in J Michael Luttig, former US federal judge and adviser to former vice president Mike Pence, and Greg Jacob, former counsel to Mr Pence, during the third public hearing of the US House committee on January 6. Reuters
    Chairman Bennie Thompson swears in J Michael Luttig, former US federal judge and adviser to former vice president Mike Pence, and Greg Jacob, former counsel to Mr Pence, during the third public hearing of the US House committee on January 6. Reuters
  • Mr Luttig is sworn in before giving evidence during the third hearing. AFP
    Mr Luttig is sworn in before giving evidence during the third hearing. AFP
  • Mr Jacob and Mr Luttig focused their evidence on former president Donald Trump's efforts to pressure Mr Pence into using his role to block congressional certification of Joe Biden's electoral victory. Bloomberg
    Mr Jacob and Mr Luttig focused their evidence on former president Donald Trump's efforts to pressure Mr Pence into using his role to block congressional certification of Joe Biden's electoral victory. Bloomberg
  • Mr Luttig gives evidence during the hearing. AFP
    Mr Luttig gives evidence during the hearing. AFP
  • Mr Luttig and Mr Jacob said that Mr Pence knew that he did not have the authority to re-elect Mr Trump. Reuters
    Mr Luttig and Mr Jacob said that Mr Pence knew that he did not have the authority to re-elect Mr Trump. Reuters
  • Mr Jacob said that the framers of the US Constitution made sure that no one person could choose the American president. Reuters
    Mr Jacob said that the framers of the US Constitution made sure that no one person could choose the American president. Reuters
  • Committee Vice Chairwoman Liz Cheney questions the witnesses. Reuters
    Committee Vice Chairwoman Liz Cheney questions the witnesses. Reuters
  • Images of the attack on the US Capitol were projected as the committee began its third day of hearings. AFP
    Images of the attack on the US Capitol were projected as the committee began its third day of hearings. AFP
  • Many of those arrested for their participation in the attack on the Capitol said in court that they were there at the behest of Mr Trump. AFP
    Many of those arrested for their participation in the attack on the Capitol said in court that they were there at the behest of Mr Trump. AFP
  • Mr Thompson and Ms Cheney lead the hearing. Reuters
    Mr Thompson and Ms Cheney lead the hearing. Reuters
  • Mr Trump told his supporters on January 6 that they needed to send a message to Mr Pence. AFP
    Mr Trump told his supporters on January 6 that they needed to send a message to Mr Pence. AFP
  • Former US president Donald Trump made round-the-clock from the White House 'looking for votes' and trying to convince his vice president to not confirm Joe Biden as winner of the 2020 election. AFP
    Former US president Donald Trump made round-the-clock from the White House 'looking for votes' and trying to convince his vice president to not confirm Joe Biden as winner of the 2020 election. AFP
  • US Representative Pete Aguilar delivers remarks. Getty Images / AFP
    US Representative Pete Aguilar delivers remarks. Getty Images / AFP
  • US Representative Adam Kinzinger listens during the third hearing. Getty Images / AFP
    US Representative Adam Kinzinger listens during the third hearing. Getty Images / AFP
  • US Representative Adam Schiff (D-CA) listens during the third hearing. Getty Images / AFP
    US Representative Adam Schiff (D-CA) listens during the third hearing. Getty Images / AFP
  • The committee heard that former US vice president Mike Pence that rioters were dangerously close on January 6. EPA
    The committee heard that former US vice president Mike Pence that rioters were dangerously close on January 6. EPA
  • A monitor shows video footage of the January 6 attack on the US Capitol, during Thursday's public hearing. EPA
    A monitor shows video footage of the January 6 attack on the US Capitol, during Thursday's public hearing. EPA

January 6 Committee prepares release of final report


Kyle Fitzgerald
  • English
  • Arabic

The US House committee investigating the January 6, 2021 attack on the US Capitol is scheduled to release a report on Thursday concluding that former president Donald Trump was part of a criminal plot to overturn the results of the 2020 election, the Associated Press reported.

The anticipated report follows an investigation that included explosive testimony from White House officials, election officials and far-right groups. The January 6 panel has repeatedly accused the former president of whipping up his supporters to engage in the violent attack on the US Capitol in an effort to subvert the peaceful transition of power.

“The central cause of January 6th was one man, former president Donald Trump, who many others followed. None of the events of January 6th would have happened without him,” the committee wrote in its executive summary, released earlier this week.

Legislators on the panel laid out 17 key findings from their investigation. Among them are that Mr Trump for months “purposely disseminated” false claims of election fraud, plotted to overturn the election outcome, attempted to coerce the Justice Department and former vice president Mike Pence to engage in his scheme, summoned his supporters to Washington and more.

“Each of these actions by Donald Trump was taken in support of a multi-part conspiracy to overturn the lawful results of the 2020 presidential election,” the committee concluded.

Ahead of Thursday's report, the committee released 34 transcripts of the 1,000 interviews it conducted over the course of its investigation. Many of those who within Mr Trump's circle — including retired general Michael Flynn, lobbyist Roger Stone and lawyer John Eastman — responded to questions by invoking their Fifth Amendment right to not incriminate themselves.

  • 'There will come a day when Donald Trump is gone, but your dishonour will remain.' Congresswoman and January 6 committee vice chairwoman Liz Cheney to Republican colleagues who have defended Mr Trump's claims of election fraud. AFP
    'There will come a day when Donald Trump is gone, but your dishonour will remain.' Congresswoman and January 6 committee vice chairwoman Liz Cheney to Republican colleagues who have defended Mr Trump's claims of election fraud. AFP
  • 'January 6 was the culmination of an attempted coup - a brazen attempt, as one rioter put it shortly after January 6 - to overthrow the government.' Committee chairman Bennie Thompson. EPA
    'January 6 was the culmination of an attempted coup - a brazen attempt, as one rioter put it shortly after January 6 - to overthrow the government.' Committee chairman Bennie Thompson. EPA
  • Mr Trump 'was willing to sacrifice our republic to prolong his presidency. I can imagine no more dishonourable acts by a president.' Republican Congressman Adam Kinzinger. AFP
    Mr Trump 'was willing to sacrifice our republic to prolong his presidency. I can imagine no more dishonourable acts by a president.' Republican Congressman Adam Kinzinger. AFP
  • Donald Trump had this 'arsenal of allegations. I went through them piece by piece to say, no, they were not true'. Former acting deputy attorney general Richard Donoghue. EPA
    Donald Trump had this 'arsenal of allegations. I went through them piece by piece to say, no, they were not true'. Former acting deputy attorney general Richard Donoghue. EPA
  • 'There were no votes to find.' Georgia Secretary of State Brad Raffensperger after Donald Trump asked him and his deputy, Gabriel Sterling, to 'find 11,780' votes that could flip Georgia in the president's favour. AFP
    'There were no votes to find.' Georgia Secretary of State Brad Raffensperger after Donald Trump asked him and his deputy, Gabriel Sterling, to 'find 11,780' votes that could flip Georgia in the president's favour. AFP
  • Competing against Donald Trump’s lies was like a 'shovel trying to empty the ocean'. Gabriel Sterling, Georgia Secretary of State chief operating officer. AFP
    Competing against Donald Trump’s lies was like a 'shovel trying to empty the ocean'. Gabriel Sterling, Georgia Secretary of State chief operating officer. AFP
  • 'As an American, I was disgusted. It was unpatriotic, it was un-American. We were watching the Capitol building get defaced over a lie.' Cassidy Hutchinson, an aide to then White House chief of staff Mark Meadows, speaking about the insurrection. AFP
    'As an American, I was disgusted. It was unpatriotic, it was un-American. We were watching the Capitol building get defaced over a lie.' Cassidy Hutchinson, an aide to then White House chief of staff Mark Meadows, speaking about the insurrection. AFP
  • 'I told him [Donald Trump] that the stuff his people were shovelling out to the public was bull***t.' Former attorney general William Barr. AP
    'I told him [Donald Trump] that the stuff his people were shovelling out to the public was bull***t.' Former attorney general William Barr. AP
  • 'I respect attorney general Barr. So, I accepted what he was saying.' Ivanka Trump, former White House senior adviser. AP
    'I respect attorney general Barr. So, I accepted what he was saying.' Ivanka Trump, former White House senior adviser. AP
  • 'We fight like hell. And if you don't fight like hell, you're not going to have a country any more.' Donald Trump on January 6, 2021. Reuters
    'We fight like hell. And if you don't fight like hell, you're not going to have a country any more.' Donald Trump on January 6, 2021. Reuters
  • A Confederate battle flag that reads 'Come and Take It' and shows a military-style rifle flies as rioters storm the Capitol on January 6, 2001. Reuters
    A Confederate battle flag that reads 'Come and Take It' and shows a military-style rifle flies as rioters storm the Capitol on January 6, 2001. Reuters
  • A Trump supporter sprays smoke. Reuters
    A Trump supporter sprays smoke. Reuters
  • Police attempt to push the mob back. AFP
    Police attempt to push the mob back. AFP
  • The pro-Trump mob swarms the Capitol as police release tear gas. Reuters
    The pro-Trump mob swarms the Capitol as police release tear gas. Reuters
  • Protesters clash with police. Reuters
    Protesters clash with police. Reuters
  • Pro-Trump protesters storm into the US Capitol. Reuters
    Pro-Trump protesters storm into the US Capitol. Reuters
  • A police flash-bang blast lights up the Capitol. Reuters
    A police flash-bang blast lights up the Capitol. Reuters
  • Before the insurrection, Mr Trump is seen on a screen speaking to supporters during a rally to contest the certification of the 2020 US presidential election results. Reuters
    Before the insurrection, Mr Trump is seen on a screen speaking to supporters during a rally to contest the certification of the 2020 US presidential election results. Reuters
  • People march with those who say they are members of the Proud Boys as they attend a rally in Washington in support of former president Donald Trump. AP
    People march with those who say they are members of the Proud Boys as they attend a rally in Washington in support of former president Donald Trump. AP

The committee also raised concerns that some lawyers advised their clients to “provide false or misleading testimony”.

The committee's report comes weeks before Republicans will shut it down when they take control of the House of Representatives next year.

A small group of Republicans released a counter-report on the insurrection in anticipation of the January 6 Committee's findings. The Republican report mainly focused on security around the Capitol, which legislators friendly to the former president have tried to blame for the day's events.

The January 6 Committee this week also referred Mr Trump to the Justice Department to be prosecuted on four criminal charges — obstruction of an official proceeding, conspiracy to defraud the US, conspiracy to make a false statement and the charge of “inciting”, “assisting” or “aiding or comforting” an insurrection.

The Justice Department is not required to follow the panel's referrals. The department is conducting its own investigation of Mr Trump's activities around January 6, led by special counsel Jack Smith.

Mr Trump denies any wrongdoing for his role in the January 6 attack on the Capitol and has spent much of his post-presidency continuing to spread his bogus claims of electoral fraud.

THE%20FLASH
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Andy%20Muschietti%3Cbr%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Sasha%20Calle%2C%20Ben%20Affleck%2C%20Ezra%20Miller%3Cbr%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E3%2F5%3C%2Fp%3E%0A
Types of bank fraud

1) Phishing

Fraudsters send an unsolicited email that appears to be from a financial institution or online retailer. The hoax email requests that you provide sensitive information, often by clicking on to a link leading to a fake website.

2) Smishing

The SMS equivalent of phishing. Fraudsters falsify the telephone number through “text spoofing,” so that it appears to be a genuine text from the bank.

3) Vishing

The telephone equivalent of phishing and smishing. Fraudsters may pose as bank staff, police or government officials. They may persuade the consumer to transfer money or divulge personal information.

4) SIM swap

Fraudsters duplicate the SIM of your mobile number without your knowledge or authorisation, allowing them to conduct financial transactions with your bank.

5) Identity theft

Someone illegally obtains your confidential information, through various ways, such as theft of your wallet, bank and utility bill statements, computer intrusion and social networks.

6) Prize scams

Fraudsters claiming to be authorised representatives from well-known organisations (such as Etisalat, du, Dubai Shopping Festival, Expo2020, Lulu Hypermarket etc) contact victims to tell them they have won a cash prize and request them to share confidential banking details to transfer the prize money.

Islamic%20Architecture%3A%20A%20World%20History
%3Cp%3E%3Cstrong%3EAuthor%3A%3C%2Fstrong%3E%20Eric%20Broug%3Cbr%3E%3Cstrong%3EPublisher%3A%3C%2Fstrong%3E%20Thames%20%26amp%3B%20Hudson%3Cbr%3E%3Cstrong%3EPages%3A%3C%2Fstrong%3E%20336%3Cbr%3E%3Cstrong%3EAvailable%3A%3C%2Fstrong%3E%20September%3C%2Fp%3E%0A
The specs

Engine: 6.2-litre supercharged V8

Power: 712hp at 6,100rpm

Torque: 881Nm at 4,800rpm

Transmission: 8-speed auto

Fuel consumption: 19.6 l/100km

Price: Dh380,000

On sale: now 

POWERWASH%20SIMULATOR
%3Cp%3E%3Cstrong%3EDeveloper%3A%3C%2Fstrong%3E%20FuturLab%3Cbr%3E%3Cstrong%3EPublisher%3A%20%3C%2Fstrong%3ESquare%20Enix%20Collective%3Cbr%3E%3Cstrong%3EConsole%3A%20%3C%2Fstrong%3ENintendo%20Switch%2C%3Cstrong%3E%20%3C%2Fstrong%3EPlayStation%204%20%26amp%3B%205%2C%20Xbox%20Series%20X%2FS%20and%20PC%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
'Moonshot'

Director: Chris Winterbauer

Stars: Lana Condor and Cole Sprouse 

Rating: 3/5

Going grey? A stylist's advice

If you’re going to go grey, a great style, well-cared for hair (in a sleek, classy style, like a bob), and a young spirit and attitude go a long way, says Maria Dowling, founder of the Maria Dowling Salon in Dubai.
It’s easier to go grey from a lighter colour, so you may want to do that first. And this is the time to try a shorter style, she advises. Then a stylist can introduce highlights, start lightening up the roots, and let it fade out. Once it’s entirely grey, a purple shampoo will prevent yellowing.
“Get professional help – there’s no other way to go around it,” she says. “And don’t just let it grow out because that looks really bad. Put effort into it: properly condition, straighten, get regular trims, make sure it’s glossy.”

MATCH INFO

What: 2006 World Cup quarter-final
When: July 1
Where: Gelsenkirchen Stadium, Gelsenkirchen, Germany

Result:
England 0 Portugal 0
(Portugal win 3-1 on penalties)

INVESTMENT PLEDGES

Cartlow: $13.4m

Rabbitmart: $14m

Smileneo: $5.8m

Soum: $4m

imVentures: $100m

Plug and Play: $25m

10 tips for entry-level job seekers
  • Have an up-to-date, professional LinkedIn profile. If you don’t have a LinkedIn account, set one up today. Avoid poor-quality profile pictures with distracting backgrounds. Include a professional summary and begin to grow your network.
  • Keep track of the job trends in your sector through the news. Apply for job alerts at your dream organisations and the types of jobs you want – LinkedIn uses AI to share similar relevant jobs based on your selections.
  • Double check that you’ve highlighted relevant skills on your resume and LinkedIn profile.
  • For most entry-level jobs, your resume will first be filtered by an applicant tracking system for keywords. Look closely at the description of the job you are applying for and mirror the language as much as possible (while being honest and accurate about your skills and experience).
  • Keep your CV professional and in a simple format – make sure you tailor your cover letter and application to the company and role.
  • Go online and look for details on job specifications for your target position. Make a list of skills required and set yourself some learning goals to tick off all the necessary skills one by one.
  • Don’t be afraid to reach outside your immediate friends and family to other acquaintances and let them know you are looking for new opportunities.
  • Make sure you’ve set your LinkedIn profile to signal that you are “open to opportunities”. Also be sure to use LinkedIn to search for people who are still actively hiring by searching for those that have the headline “I’m hiring” or “We’re hiring” in their profile.
  • Prepare for online interviews using mock interview tools. Even before landing interviews, it can be useful to start practising.
  • Be professional and patient. Always be professional with whoever you are interacting with throughout your search process, this will be remembered. You need to be patient, dedicated and not give up on your search. Candidates need to make sure they are following up appropriately for roles they have applied.

Arda Atalay, head of Mena private sector at LinkedIn Talent Solutions, Rudy Bier, managing partner of Kinetic Business Solutions and Ben Kinerman Daltrey, co-founder of KinFitz

Red flags
  • Promises of high, fixed or 'guaranteed' returns.
  • Unregulated structured products or complex investments often used to bypass traditional safeguards.
  • Lack of clear information, vague language, no access to audited financials.
  • Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
  • Hard-selling tactics - creating urgency, offering 'exclusive' deals.

Courtesy: Carol Glynn, founder of Conscious Finance Coaching

ASHES FIXTURES

1st Test: Brisbane, Nov 23-27 
2nd Test: Adelaide, Dec 2-6
3rd Test: Perth, Dec 14-18
4th Test: Melbourne, Dec 26-30
5th Test: Sydney, Jan 4-8

Fifa%20World%20Cup%20Qatar%202022%20
%3Cp%3E%3Cstrong%3EFirst%20match%3A%20%3C%2Fstrong%3ENovember%2020%0D%3Cbr%3E%3Cstrong%3EFinal%2016%20round%3A%20%3C%2Fstrong%3EDecember%203%20to%206%0D%3Cbr%3E%3Cstrong%3EQuarter-finals%3A%20%3C%2Fstrong%3EDecember%209%20and%2010%0D%3Cbr%3E%3Cstrong%3ESemi-finals%3A%20%3C%2Fstrong%3EDecember%2013%20and%2014%0D%3Cbr%3E%3Cstrong%3EFinal%3A%20%3C%2Fstrong%3EDecember%2018%3C%2Fp%3E%0A

GOLF’S RAHMBO

- 5 wins in 22 months as pro
- Three wins in past 10 starts
- 45 pro starts worldwide: 5 wins, 17 top 5s
- Ranked 551th in world on debut, now No 4 (was No 2 earlier this year)
- 5th player in last 30 years to win 3 European Tour and 2 PGA Tour titles before age 24 (Woods, Garcia, McIlroy, Spieth)

Tips for taking the metro

- set out well ahead of time

- make sure you have at least Dh15 on you Nol card, as there could be big queues for top-up machines

- enter the right cabin. The train may be too busy to move between carriages once you're on

- don't carry too much luggage and tuck it under a seat to make room for fellow passengers

SPECS
%3Cp%3E%0D%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%204.0-litre%20twin-turbo%20V8%0D%3Cbr%3E%3Cstrong%3EPower%3A%3C%2Fstrong%3E%20750hp%20at%207%2C500rpm%0D%3Cbr%3E%3Cstrong%3ETorque%3A%3C%2Fstrong%3E%20800Nm%20at%205%2C500rpm%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%3C%2Fstrong%3E%207%20Speed%20dual-clutch%20auto%0D%0D%3Cbr%3E%3Cstrong%3ETop%20speed%3A%3C%2Fstrong%3E%20332kph%0D%3Cbr%3E%3Cstrong%3EFuel%20consumption%3A%3C%2Fstrong%3E%2012.2L%2F100km%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3EYear%20end%0D%3Cbr%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20From%20Dh1%2C430%2C000%20(coupe)%3B%20From%20Dh1%2C566%2C000%20(Spider)%3C%2Fp%3E%0A
Benefits of first-time home buyers' scheme
  • Priority access to new homes from participating developers
  • Discounts on sales price of off-plan units
  • Flexible payment plans from developers
  • Mortgages with better interest rates, faster approval times and reduced fees
  • DLD registration fee can be paid through banks or credit cards at zero interest rates
Why it pays to compare

A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.

Route 1: bank transfer

The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.

Total cost: Dh567.25 - around 2.9 per cent of the total amount

Total received: €4,670.30 

Route 2: online platform

The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.

Total cost: Dh74.10, around 0.4 per cent of the transaction

Total received: €4,756

The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.

Company profile

Name: Dukkantek 

Started: January 2021 

Founders: Sanad Yaghi, Ali Al Sayegh and Shadi Joulani 

Based: UAE 

Number of employees: 140 

Sector: B2B Vertical SaaS(software as a service) 

Investment: $5.2 million 

Funding stage: Seed round 

Investors: Global Founders Capital, Colle Capital Partners, Wamda Capital, Plug and Play, Comma Capital, Nowais Capital, Annex Investments and AMK Investment Office  

It’ll be summer in the city as car show tries to move with the times

If 2008 was the year that rocked Detroit, 2019 will be when Motor City gives its annual car extravaganza a revamp that aims to move with the times.

A major change is that this week's North American International Auto Show will be the last to be held in January, after which the event will switch to June.

The new date, organisers said, will allow exhibitors to move vehicles and activities outside the Cobo Center's halls and into other city venues, unencumbered by cold January weather, exemplified this week by snow and ice.

In a market in which trends can easily be outpaced beyond one event, the need to do so was probably exacerbated by the decision of Germany's big three carmakers – BMW, Mercedes-Benz and Audi – to skip the auto show this year.

The show has long allowed car enthusiasts to sit behind the wheel of the latest models at the start of the calendar year but a more fluid car market in an online world has made sales less seasonal.

Similarly, everyday technology seems to be catching up on those whose job it is to get behind microphones and try and tempt the visiting public into making a purchase.

Although sparkly announcers clasp iPads and outline the technical gadgetry hidden beneath bonnets, people's obsession with their own smartphones often appeared to offer a more tempting distraction.

“It's maddening,” said one such worker at Nissan's stand.

The absence of some pizzazz, as well as top marques, was also noted by patrons.

“It looks like there are a few less cars this year,” one annual attendee said of this year's exhibitors.

“I can't help but think it's easier to stay at home than to brave the snow and come here.”

Desert Warrior

Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

The specs

  Engine: 2-litre or 3-litre 4Motion all-wheel-drive Power: 250Nm (2-litre); 340 (3-litre) Torque: 450Nm Transmission: 8-speed automatic Starting price: From Dh212,000 On sale: Now

COMPANY%20PROFILE%20
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20Haltia.ai%0D%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202023%0D%3Cbr%3E%3Cstrong%3ECo-founders%3A%3C%2Fstrong%3E%20Arto%20Bendiken%20and%20Talal%20Thabet%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%2C%20UAE%0D%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20AI%0D%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%2041%0D%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20About%20%241.7%20million%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Self%2C%20family%20and%20friends%26nbsp%3B%3C%2Fp%3E%0A
UAE%20Warriors%2033%20Results
%3Cp%3E%3Cstrong%3EFeatherweight%20title%3C%2Fstrong%3E%3Cbr%3EAli%20Al%20Qaisi%20by%20Jesse%20Arnett%20by%20submission%2C%20round%203%3Cbr%3E%3Cstrong%3EWelterweight%20title%3C%2Fstrong%3E%3Cbr%3EJosh%20Togo%20bt%20Tahir%20Abdullaev%20by%20unanimous%20decision%3Cbr%3E%3Cstrong%3EFlyweight%3C%2Fstrong%3E%3Cbr%3EIago%20Ribeiro%20bt%20Juan%20Puerta%20by%20unanimous%20decision%3Cbr%3E%3Cstrong%3EMiddleweight%3C%2Fstrong%3E%3Cbr%3EYerkin%20Darmen%20bt%20Tyler%20Ray%20by%20TKO%2C%20round%203%3Cbr%3E%3Cstrong%3EWelterweight%3C%2Fstrong%3E%3Cbr%3EAbdulla%20Al%20Bousheiri%20bt%20John%20Adajar%20by%20submission%2C%20round%201%3Cbr%3E%3Cstrong%3ECatchweight%20232lb%3C%2Fstrong%3E%3Cbr%3EAsylzhan%20Bakhytzhanuly%20bt%20Hasan%20Yousefi%20by%20submission%2C%20round%202%3Cbr%3E%3Cstrong%3ECatchweight%20176lb%3C%2Fstrong%3E%3Cbr%3EAlin%20Chirila%20bt%20Silas%20Robson%20by%20KO%2C%20round%201%3Cbr%3E%3Cstrong%3ECatchweight%20176lb%3C%2Fstrong%3E%3Cbr%3EArvin%20Chan%20bt%20Abdi%20Farah%20by%20TKO%2C%20round%201%3Cbr%3E%3Cstrong%3ELightweight%3C%2Fstrong%3E%3Cbr%3EOle-Jorgen%20Johnsen%20bt%20Nart%20Abida%20by%20TKO%2C%20round%201%3Cbr%3E%3Cstrong%3EBantamweight%3C%2Fstrong%3E%3Cbr%3EOtar%20Tanzilov%20bt%20Eduardo%20Dinis%20by%20TKO%2C%20round%203%3Cbr%3E%3Cstrong%3EStrawweight%3C%2Fstrong%3E%3Cbr%3EColine%20Biron%20bt%20Aysun%20Erge%20via%20submission%2C%20round%202%3Cbr%3E%3Cstrong%3EWelterweight%3C%2Fstrong%3E%3Cbr%3ESoslan%20Margiev%20bt%20Mathieu%20Rakotondrazanany%20by%20unanimous%20decision%3Cbr%3E%3Cstrong%3EBantamweight%3C%2Fstrong%3E%3Cbr%3EBakhromjon%20Ruziev%20bt%20Younes%20Chemali%20by%20majority%20decision%3C%2Fp%3E%0A
The%C2%A0specs%20
%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%20Dual%20synchronous%20electric%20motors%20%20%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E646hp%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E830Nm%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3ETwo-speed%20auto%20(rear%20axle)%3B%20single-speed%20auto%20(front)%20%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh552%2C311%3B%20Dh660%2C408%20(as%20tested)%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3Enow%3C%2Fp%3E%0A
PROFILE OF SWVL

Started: April 2017

Founders: Mostafa Kandil, Ahmed Sabbah and Mahmoud Nouh

Based: Cairo, Egypt

Sector: transport

Size: 450 employees

Investment: approximately $80 million

Investors include: Dubai’s Beco Capital, US’s Endeavor Catalyst, China’s MSA, Egypt’s Sawari Ventures, Sweden’s Vostok New Ventures, Property Finder CEO Michael Lahyani

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

Abaya trends

The utilitarian robe held dear by Arab women is undergoing a change that reveals it as an elegant and graceful garment available in a range of colours and fabrics, while retaining its traditional appeal.

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

Harry%20%26%20Meghan
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3ELiz%20Garbus%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Duke%20and%20Duchess%20of%20Sussex%0D%3Cbr%3E%0D%3Cbr%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E3%2F5%3C%2Fp%3E%0A
The bio:

Favourite film:

Declan: It was The Commitments but now it’s Bohemian Rhapsody.

Heidi: The Long Kiss Goodnight.

Favourite holiday destination:

Declan: Las Vegas but I also love getting home to Ireland and seeing everyone back home.

Heidi: Australia but my dream destination would be to go to Cuba.

Favourite pastime:

Declan: I love brunching and socializing. Just basically having the craic.

Heidi: Paddleboarding and swimming.

Personal motto:

Declan: Take chances.

Heidi: Live, love, laugh and have no regrets.

 

ITU Abu Dhabi World Triathlon

For more information go to www.abudhabi.triathlon.org.

If you go...

Fly from Dubai or Abu Dhabi to Chiang Mai in Thailand, via Bangkok, before taking a five-hour bus ride across the Laos border to Huay Xai. The land border crossing at Huay Xai is a well-trodden route, meaning entry is swift, though travellers should be aware of visa requirements for both countries.

Flights from Dubai start at Dh4,000 return with Emirates, while Etihad flights from Abu Dhabi start at Dh2,000. Local buses can be booked in Chiang Mai from around Dh50

Updated: December 23, 2022, 4:25 AM