Chengdu, the capital of the south-western province of Sichuan, was sealed on September 1 after Covid cases were detected. EPA
Chengdu, the capital of the south-western province of Sichuan, was sealed on September 1 after Covid cases were detected. EPA
Chengdu, the capital of the south-western province of Sichuan, was sealed on September 1 after Covid cases were detected. EPA
Chengdu, the capital of the south-western province of Sichuan, was sealed on September 1 after Covid cases were detected. EPA

China extends Covid lockdown in Chengdu city


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China extended a lockdown in most of Chengdu on Thursday, to stem infections among the megacity's 21 million residents.

The capital of the south-western province of Sichuan, which has recently battled heatwaves, power cuts and an earthquake, was sealed on September 1 after cases were detected.

It was the largest Chinese city to be hit with curbs since Shanghai earlier in the year.

While the lockdown was expected to be lifted on Wednesday, officials said late in the day the virus still posed a risk in some areas.

Of the city's 21.2 million residents, 16 million are under lockdown.

Chengdu has mostly been reporting fewer than 200 new infections a day, Reuters reported, citing authorities.

On Thursday, 116 new local infections were reported, more than half of which showed no symptoms, AFP reported, citing figures from the provincial health commission.

Residents of areas under lockdown will be tested every day and those who test positive will be quarantined. Those in areas deemed high-risk are not allowed out of their homes.

Some residents were unable to flee when a strong earthquake in a nearby part of Sichuan reverberated through the city earlier this week.

Businesses in Chengdu have been forced to close, with Swedish carmaker Volvo last week suspending production at a plant in the city that employs about 3,000 people.

China reported 1,334 new domestic infections on Thursday, the majority of which were asymptomatic, the National Health Commission said.

  • Rescuers carry survivors across a makeshift bridge after an earthquake shook China's south-western province of Sichuan on Monday. AP
    Rescuers carry survivors across a makeshift bridge after an earthquake shook China's south-western province of Sichuan on Monday. AP
  • A building destroyed by the quake in Sichuan province's Luding county. EPA
    A building destroyed by the quake in Sichuan province's Luding county. EPA
  • The quake triggered landslides on the road heading into Luding county. AP
    The quake triggered landslides on the road heading into Luding county. AP
  • The quake hit about 43 kilometres south-east of the city of Kangding, in Sichuan province, at a depth of 10km. AP
    The quake hit about 43 kilometres south-east of the city of Kangding, in Sichuan province, at a depth of 10km. AP
  • Children sit at playground in the city of Yaan, after being moved outside as a precaution. Xinhua News Agency/AP
    Children sit at playground in the city of Yaan, after being moved outside as a precaution. Xinhua News Agency/AP
  • Relief supplies are distributed to residents in Moxi, a town in Luding county, after the quake. AP
    Relief supplies are distributed to residents in Moxi, a town in Luding county, after the quake. AP
  • Medical workers move patients to safety at Renmin Hospital, in Yaan city, after the quake struck. Xinhua News Agency/AP
    Medical workers move patients to safety at Renmin Hospital, in Yaan city, after the quake struck. Xinhua News Agency/AP
  • The earthquake was Sichuan's biggest since August 2017, when a magnitude 7.0 quake hit Aba prefecture. AP
    The earthquake was Sichuan's biggest since August 2017, when a magnitude 7.0 quake hit Aba prefecture. AP
  • Survivors are helped across a river by rescuers after the quake. AP
    Survivors are helped across a river by rescuers after the quake. AP
  • Rescuers and locals remove boulders from the road in Luding county after the quake triggered landslides. EPA
    Rescuers and locals remove boulders from the road in Luding county after the quake triggered landslides. EPA
  • Rescuers move people to safety in Luding county on Tuesday. EPA
    Rescuers move people to safety in Luding county on Tuesday. EPA
  • Rescuers head into Luding county after the earthquake. EPA
    Rescuers head into Luding county after the earthquake. EPA
  • Rescuers move people by boat in Luding county, the epicentre of the quake. EPA
    Rescuers move people by boat in Luding county, the epicentre of the quake. EPA

Earthquake toll

Meanwhile, the death toll from the earthquake that struck south-west China rose to 82, state media reported on Thursday.

The magnitude 6.6 quake had hit about 43 kilometres south-east of the city of Kangding in Sichuan province at a depth of 10 kilometres on Monday.

State broadcaster CCTV said that 46 people died in Ganzi prefecture near the epicentre, while 36 deaths were reported in neighbouring Ya'an city.

More than 270 were injured, while the number of missing remained at 35, CCTV reported.

The national weather service said moderate rain would continue in the affected earthquake area on Thursday and Friday, with some localised heavy showers.

SQUADS

UAE
Mohammed Naveed (captain), Mohamed Usman (vice-captain), Ashfaq Ahmed, Chirag Suri, Shaiman Anwar, Mohammed Boota, Ghulam Shabber, Imran Haider, Tahir Mughal, Amir Hayat, Zahoor Khan, Qadeer Ahmed, Fahad Nawaz, Abdul Shakoor, Sultan Ahmed, CP Rizwan

Nepal
Paras Khadka (captain), Gyanendra Malla, Dipendra Singh Airee, Pradeep Airee, Binod Bhandari, Avinash Bohara, Sundeep Jora, Sompal Kami, Karan KC, Rohit Paudel, Sandeep Lamichhane, Lalit Rajbanshi, Basant Regmi, Pawan Sarraf, Bhim Sharki, Aarif Sheikh

 

Company: Instabug

Founded: 2013

Based: Egypt, Cairo

Sector: IT

Employees: 100

Stage: Series A

Investors: Flat6Labs, Accel, Y Combinator and angel investors

India squad

Virat Kohli (captain), Rohit Sharma, Mayank Agarwal, K.L. Rahul, Shreyas Iyer, Manish Pandey, Rishabh Pant, Shivam Dube, Kedar Jadhav, Ravindra Jadeja, Yuzvendra Chahal, Kuldeep Yadav, Deepak Chahar, Mohammed Shami, Shardul Thakur.

MATCH INFO

League Cup, last 16

Manchester City v Southampton, Tuesday, 11.45pm (UAE)

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Malcolm & Marie

Directed by: Sam Levinson

Starring: John David Washington and Zendaya

Three stars

WHAT ARE NFTs?

     

 

    

 

   

 

Non-fungible tokens (NFTs) are tokens that represent ownership of unique items. They allow the tokenisation of things such as art, collectibles and even real estate.

 

An NFT can have only one official owner at one time. And since they're minted and secured on the Ethereum blockchain, no one can modify the record of ownership, not even copy-paste it into a new one.

 

This means NFTs are not interchangeable and cannot be exchanged with other items. In contrast, fungible items, such as fiat currencies, can be exchanged because their value defines them rather than their unique properties.

 
The specs

Engine: 1.5-litre, 4-cylinder turbo

Transmission: CVT

Power: 170bhp

Torque: 220Nm

Price: Dh98,900

EA Sports FC 26

Publisher: EA Sports

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

Rating: 3/5

Oppenheimer
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The specs

Engine: 4.0-litre V8 twin-turbocharged and three electric motors

Power: Combined output 920hp

Torque: 730Nm at 4,000-7,000rpm

Transmission: 8-speed dual-clutch automatic

Fuel consumption: 11.2L/100km

On sale: Now, deliveries expected later in 2025

Price: expected to start at Dh1,432,000

Ferrari 12Cilindri specs

Engine: naturally aspirated 6.5-liter V12

Power: 819hp

Torque: 678Nm at 7,250rpm

Price: From Dh1,700,000

Available: Now

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

Women's Prize for Fiction shortlist

The Silence of the Girls by Pat Barker

My Sister, the Serial Killer by Oyinkan Braithwaite

Milkman by Anna Burns

Ordinary People by Diana Evans

An American Marriage by Tayari Jones

Circe by Madeline Miller

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 
Chef Nobu's advice for eating sushi

“One mistake people always make is adding extra wasabi. There is no need for this, because it should already be there between the rice and the fish.
“When eating nigiri, you must dip the fish – not the rice – in soy sauce, otherwise the rice will collapse. Also, don’t use too much soy sauce or it will make you thirsty. For sushi rolls, dip a little of the rice-covered roll lightly in soy sauce and eat in one bite.
“Chopsticks are acceptable, but really, I recommend using your fingers for sushi. Do use chopsticks for sashimi, though.
“The ginger should be eaten separately as a palette cleanser and used to clear the mouth when switching between different pieces of fish.”

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German intelligence warnings
  • 2002: "Hezbollah supporters feared becoming a target of security services because of the effects of [9/11] ... discussions on Hezbollah policy moved from mosques into smaller circles in private homes." Supporters in Germany: 800
  • 2013: "Financial and logistical support from Germany for Hezbollah in Lebanon supports the armed struggle against Israel ... Hezbollah supporters in Germany hold back from actions that would gain publicity." Supporters in Germany: 950
  • 2023: "It must be reckoned with that Hezbollah will continue to plan terrorist actions outside the Middle East against Israel or Israeli interests." Supporters in Germany: 1,250 

Source: Federal Office for the Protection of the Constitution

How to watch Ireland v Pakistan in UAE

When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.

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Updated: September 08, 2022, 7:46 AM