• LONDON, ENGLAND - JULY 31: A gymnast performs during warmups before the start of the Artistic Gymnastics Women's Team final on Day 4 of the London 2012 Olympic Games at North Greenwich Arena on July 31, 2012 in London, England. (Photo by Jamie Squire/Getty Images)
    LONDON, ENGLAND - JULY 31: A gymnast performs during warmups before the start of the Artistic Gymnastics Women's Team final on Day 4 of the London 2012 Olympic Games at North Greenwich Arena on July 31, 2012 in London, England. (Photo by Jamie Squire/Getty Images)
  • Andrea Baldani of Italy competes against Byungchul Choi of Korea in the Men's Foil Individual Bronze Medal Bout. Lars Baron/Getty Images
    Andrea Baldani of Italy competes against Byungchul Choi of Korea in the Men's Foil Individual Bronze Medal Bout. Lars Baron/Getty Images
  • Australia's Christopher Burton and his horse HP Leilani, clear a jump in the equestrian eventing individual show jumping. David Goldman / AP Photo
    Australia's Christopher Burton and his horse HP Leilani, clear a jump in the equestrian eventing individual show jumping. David Goldman / AP Photo
  • South Africa's Chad le Clos reacts as he wins gold in the men's 200-meter butterfly swimming final at the Aquatics Centre. Michael Sohn/AP
    South Africa's Chad le Clos reacts as he wins gold in the men's 200-meter butterfly swimming final at the Aquatics Centre. Michael Sohn/AP
  • Canada's Antoine Valois-Fortier reacts after defeating United State's Travis Stevens in a bronze medal match during the men's 81-kg judo competition. Paul Sancya / AP Photo
    Canada's Antoine Valois-Fortier reacts after defeating United State's Travis Stevens in a bronze medal match during the men's 81-kg judo competition. Paul Sancya / AP Photo
  • Spain's goalkeeper Jose Hombrados Ibanez fails to make a save during the men's preliminaries Group A handball match against Denmark at the Copper Box hall. Javier Soriano / AFP
    Spain's goalkeeper Jose Hombrados Ibanez fails to make a save during the men's preliminaries Group A handball match against Denmark at the Copper Box hall. Javier Soriano / AFP
  • A British fan snaps a photo before the Britain - Brazil women's Group E football match at the London 2012 Olympic Games at Wembley. Stefano Rellandini/Reuters
    A British fan snaps a photo before the Britain - Brazil women's Group E football match at the London 2012 Olympic Games at Wembley. Stefano Rellandini/Reuters
  • Russia's Victoria Komova (r) and team mate Aliya Mustafina react during the women's gymnastics team final. Brian Snyder/Reuters
    Russia's Victoria Komova (r) and team mate Aliya Mustafina react during the women's gymnastics team final. Brian Snyder/Reuters
  • China's Lei Sheng waits as Egypt's Alaaeldin Abouelkassem (not seen) receives medical assistance during their men's individual foil gold medal fencing match at ExCel. Fabrizio Bensch/Reuters
    China's Lei Sheng waits as Egypt's Alaaeldin Abouelkassem (not seen) receives medical assistance during their men's individual foil gold medal fencing match at ExCel. Fabrizio Bensch/Reuters
  • Kasumi Ishikawa of Japan serves during the Women's Singles Table Tennis quarter-final match against Yuegu Wang of Singapore. Chris McGrath/Getty Images
    Kasumi Ishikawa of Japan serves during the Women's Singles Table Tennis quarter-final match against Yuegu Wang of Singapore. Chris McGrath/Getty Images
  • Gabrielle Douglas of the U.S. performs on the balance beam during the women's gymnastics team final; Brian Snyder/Reuters
    Gabrielle Douglas of the U.S. performs on the balance beam during the women's gymnastics team final; Brian Snyder/Reuters
  • South Korea's Choi Byungchul celebrates defeating Italy's Andrea Baldini during their men's individual foil bronze medal fencing match at the ExCel. Fabrizio Bensch/Reuters
    South Korea's Choi Byungchul celebrates defeating Italy's Andrea Baldini during their men's individual foil bronze medal fencing match at the ExCel. Fabrizio Bensch/Reuters

In Pictures: London 2012 Olympics - Day 4


  • English
  • Arabic

Classification of skills

A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation. 

A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.

The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000. 

RESULT

Australia 3 (0) Honduras 1 (0)
Australia: Jedinak (53', 72' pen, 85' pen)
Honduras: Elis (90 4)

Visa changes give families fresh hope

Foreign workers can sponsor family members based solely on their income

Male residents employed in the UAE can sponsor immediate family members, such as wife and children, subject to conditions that include a minimum salary of Dh 4,000 or Dh 3,000 plus accommodation.

Attested original marriage certificate, birth certificate of the child, ejari or rental contract, labour contract, salary certificate must be submitted to the government authorised typing centre to complete the sponsorship process

In Abu Dhabi, a woman can sponsor her husband and children if she holds a residence permit stating she is an engineer, teacher, doctor, nurse or any profession related to the medical sector and her monthly salary is at least Dh 10,000 or Dh 8,000 plus accommodation.

In Dubai, if a woman is not employed in the above categories she can get approval to sponsor her family if her monthly salary is more than Dh 10,000 and with a special permission from the Department of Naturalization and Residency Dubai.

To sponsor parents, a worker should earn Dh20,000 or Dh19,000 a month, plus a two-bedroom accommodation

 

 

 

Gran Gala del Calcio 2019 winners

Best Player: Cristiano Ronaldo (Juventus)
Best Coach: Gian Piero Gasperini (Atalanta)
Best Referee: Gianluca Rocchi
Best Goal: Fabio Quagliarella (Sampdoria vs Napoli)
Best Team: Atalanta​​​​​​​
Best XI: Samir Handanovic (Inter); Aleksandar Kolarov (Roma), Giorgio Chiellini (Juventus), Kalidou Koulibaly (Napoli), Joao Cancelo (Juventus*); Miralem Pjanic (Juventus), Josip Ilicic (Atalanta), Nicolo Barella (Cagliari*); Fabio Quagliarella (Sampdoria), Cristiano Ronaldo (Juventus), Duvan Zapata (Atalanta)
Serie B Best Young Player: Sandro Tonali (Brescia)
Best Women’s Goal: Thaisa (Milan vs Juventus)
Best Women’s Player: Manuela Giugliano (Milan)
Best Women’s XI: Laura Giuliani (Milan); Alia Guagni (Fiorentina), Sara Gama (Juventus), Cecilia Salvai (Juventus), Elisa Bartoli (Roma); Aurora Galli (Juventus), Manuela Giugliano (Roma), Valentina Cernoia (Juventus); Valentina Giacinti (Milan), Ilaria Mauro (Fiorentina), Barbara Bonansea (Juventus)

The Specs:

The Specs:

Engine: 2.9-litre, V6 twin-turbo

Transmission: 8-speed automatic

Power: 444bhp

Torque: 600Nm

Price: AED 356,580 incl VAT

On sale: now.

Labour dispute

The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


- Abdullah Ishnaneh, Partner, BSA Law 

Porsche Taycan Turbo specs

Engine: Two permanent-magnet synchronous AC motors

Transmission: two-speed

Power: 671hp

Torque: 1050Nm

Range: 450km

Price: Dh601,800

On sale: now

UAE currency: the story behind the money in your pockets
Results
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Fixtures:

Thursday:
Hatta v Al Jazira, 4.55pm
Al Wasl v Dibba, 7.45pm

Friday:
Al Dhafra v Al Nasr, 5.05pm
Shabab Al Ahli Dubai v Al Wahda, 7.45pm

Saturday:
Ajman v Emirates, 4.55pm
Al Ain v Sharjah, 7.45pm

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
The alternatives

• Founded in 2014, Telr is a payment aggregator and gateway with an office in Silicon Oasis. It’s e-commerce entry plan costs Dh349 monthly (plus VAT). QR codes direct customers to an online payment page and merchants can generate payments through messaging apps.

• Business Bay’s Pallapay claims 40,000-plus active merchants who can invoice customers and receive payment by card. Fees range from 1.99 per cent plus Dh1 per transaction depending on payment method and location, such as online or via UAE mobile.

• Tap started in May 2013 in Kuwait, allowing Middle East businesses to bill, accept, receive and make payments online “easier, faster and smoother” via goSell and goCollect. It supports more than 10,000 merchants. Monthly fees range from US$65-100, plus card charges of 2.75-3.75 per cent and Dh1.2 per sale.

2checkout’s “all-in-one payment gateway and merchant account” accepts payments in 200-plus markets for 2.4-3.9 per cent, plus a Dh1.2-Dh1.8 currency conversion charge. The US provider processes online shop and mobile transactions and has 17,000-plus active digital commerce users.

• PayPal is probably the best-known online goods payment method - usually used for eBay purchases -  but can be used to receive funds, providing everyone’s signed up. Costs from 2.9 per cent plus Dh1.2 per transaction.

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