World Youth Day: Pope Francis looks to inspire as a million young people gather in Lisbon


Marwa Hassan
  • English
  • Arabic

Pope Francis arrived in Portugal on Wednesday to inspire the next generation of Catholics at the first World Youth Day event since the Covid-19 pandemic forced the cancellation of large gatherings.

His visit coincides with the church's continuing reckoning with the clergy sexual abuse scandal.

More than one million young people were expected to attend the gathering in Lisbon, a city experiencing high summer temperatures, which prompted Portuguese health authorities and Prime Minister Antonio Costa to urge those attending to drink plenty water and wear hats.

In an interview, Cardinal-elect Americo Aguiar, a Lisbon bishop and an organiser of the event, highlighted the recent challenges of Covid lockdowns, Russia's invasion of Ukraine and global economic uncertainty.

On the Pope's agenda

The Pope met Portuguese officials at the Belem National Palace before a visit to the 16th-century Jeronimos Monastery and church.

During the first speech of his visit, the Pope said Europe should ask itself where it was heading if it is “not showing the world paths of peace, creative ways for bringing an end to the war in Ukraine”.

“For the world needs Europe, the true Europe. It needs Europe's role as a bridge and peacemaker,” he added in his address to officials and diplomats at Lisbon's riverside Belem Cultural Centre.

The Pope said the world was currently "sailing amid storms on the ocean of history", including the tempest of the war in Ukraine, and he urged Europe to find the resolve to help end it and other conflicts.

He said Europe should divert money spent on armaments and use it to boost education and fund family-friendly legislation to help reverse a falling birth rate aggravated by prohibitive costs of housing for young couples.

The pontiff also urged Europe to rise to the challenge of "welcoming, protecting, promoting and integrating" migrants, both for humanitarian reasons and as a means of boosting dwindling populations.

The Pope, who is in increasingly fragile health and now uses a wheelchair or walking stick to get around, then headed to the Holy See's diplomatic mission in Lisbon where he will be staying.

Worshippers shrieked as he passed by in his wheelchair, reaching out to touch his white cassock and take a photo with their mobile phones.

The 86-year-old pontiff had major abdominal surgery only two months ago, but that did not stop his 42nd trip abroad, an event-packed visit with 11 speeches and about 20 meetings scheduled.

He will meet members of the Portuguese Catholic hierarchy, currently grappling with a legacy of sexual abuse.

Pope Francis waves to the crowd on arrival for a meeting with Portugal's Prime Minister Antonio Costa. Getty Images
Pope Francis waves to the crowd on arrival for a meeting with Portugal's Prime Minister Antonio Costa. Getty Images

The Pope is expected to privately meet abuse survivors this week and may address the issue in his public remarks, as he has done in the past.

A recent independent commission reported that at least 4,815 boys and girls had been abused in the country since 1950, leading to widespread criticism of Portuguese bishops for their initial response to these findings.

The bishops were reluctant to suspend active clergy members named in the report and initially resisted paying reparations to victims.

The Portuguese Catholic Church's plan to unveil a memorial to victims during World Youth Day was scrapped a few weeks ago. Instead, victims' advocates launched a campaign called This is our Memorial and placed a billboard in central Lisbon stating “4,800+ Children Abused”.

Pope Francis is expected to address climate change during his visit, an issue he has spoken out about previously in the context of wildfires in Greece.

World Youth Day returns to Europe

World Youth Day, initiated in the 1980s by John Paul II, aims to invigorate young Catholics and their faith.

The event is returning to Europe for the first time since 2016.

Youths from Ukraine and Russia are expected to attend and the war between those countries is to be a focal point when Francis visits the shrine of Fatima, associated with a prophecy about peace and Russia.

Due to the expected high temperatures, additional water tanks and drinking fountains have been installed, while reusable water bottles and sun hats will be handed out.

  • It is 10 years since Pope Francis became head of the Roman Catholic Church. The National looks back at that decade. Getty Images
    It is 10 years since Pope Francis became head of the Roman Catholic Church. The National looks back at that decade. Getty Images
  • Pope Francis attends the funeral mass for Pope Emeritus Benedict XVI in January 2023 at St Peter's square in Vatican City. Getty Images
    Pope Francis attends the funeral mass for Pope Emeritus Benedict XVI in January 2023 at St Peter's square in Vatican City. Getty Images
  • Pope Francis leads mass with the new cardinals in August 2022 at Vatican City. Getty Images
    Pope Francis leads mass with the new cardinals in August 2022 at Vatican City. Getty Images
  • Pope Francis in March 2021 conducts mass at the Franso Hariri Stadium in Erbil, Iraq. Getty Images
    Pope Francis in March 2021 conducts mass at the Franso Hariri Stadium in Erbil, Iraq. Getty Images
  • Pope Francis arrives at the Franso Hariri Stadium in Erbil, Iraq, March 2021. Getty Images
    Pope Francis arrives at the Franso Hariri Stadium in Erbil, Iraq, March 2021. Getty Images
  • St Peter's Square stands empty while Pope Francis celebrates the Easter Mass in an empty St Peter's Basilica during the coronavirus pandemic in April 2020. Getty Images
    St Peter's Square stands empty while Pope Francis celebrates the Easter Mass in an empty St Peter's Basilica during the coronavirus pandemic in April 2020. Getty Images
  • Pope Francis drives around Tokyo Dome before conducting mass during a visit to Japan in November 2019. Getty Images
    Pope Francis drives around Tokyo Dome before conducting mass during a visit to Japan in November 2019. Getty Images
  • Sheikh Mohamed bin Zayed, who was Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces at the time, with Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai and Pope Francis at the Presidential Palace in Abu Dhabi, in February 2019. Photo: Ministry of Presidential Affairs
    Sheikh Mohamed bin Zayed, who was Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces at the time, with Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai and Pope Francis at the Presidential Palace in Abu Dhabi, in February 2019. Photo: Ministry of Presidential Affairs
  • Pope Francis celebrates mass at Zayed Sport City, Abu Dhabi, in February 2019. Getty Images
    Pope Francis celebrates mass at Zayed Sport City, Abu Dhabi, in February 2019. Getty Images
  • Pope Francis attends the festival of families at Croke Park in August 2018 in Dublin, Ireland. Getty Images
    Pope Francis attends the festival of families at Croke Park in August 2018 in Dublin, Ireland. Getty Images
  • Pope Francis during the Stations of the Cross at the Colosseum in March 2018 in Rome. Getty Images
    Pope Francis during the Stations of the Cross at the Colosseum in March 2018 in Rome. Getty Images
  • The Pope at a public engagement in November 2017 in Yangon, Myanmar. Getty Images
    The Pope at a public engagement in November 2017 in Yangon, Myanmar. Getty Images
  • Pope Francis at the Celebration of the Lord's Passion at St Peter's Basilica, Vatican City, April 14, 2017. Getty Images
    Pope Francis at the Celebration of the Lord's Passion at St Peter's Basilica, Vatican City, April 14, 2017. Getty Images
  • Pope Francis at Easter Mass at St Peter's Square, Vatican City, April 2017. Getty Images
    Pope Francis at Easter Mass at St Peter's Square, Vatican City, April 2017. Getty Images
  • Pope Francis with Prince Charles, Prince of Wales during the British royal's visit to the Vatican in April 2017. Getty Images
    Pope Francis with Prince Charles, Prince of Wales during the British royal's visit to the Vatican in April 2017. Getty Images
  • Pope Francis meets migrants at the Moria detention centre in Lesbos, Greece, April 2016. Getty Images
    Pope Francis meets migrants at the Moria detention centre in Lesbos, Greece, April 2016. Getty Images
  • Father Paschal Mwijage of the St Joseph the Worker Parish in Nairobi's Kangemi slum wears a T-shirt featuring Pope Francis in Kenya in November 2015. Getty Images
    Father Paschal Mwijage of the St Joseph the Worker Parish in Nairobi's Kangemi slum wears a T-shirt featuring Pope Francis in Kenya in November 2015. Getty Images
  • Pope Francis after conducting mass at Tacloban Airport in the Philippines, January 2015. Getty Images
    Pope Francis after conducting mass at Tacloban Airport in the Philippines, January 2015. Getty Images
  • Pope Francis greets Pope Emeritus Benedict XVI at St Peter's Basilica in September 2014. Getty Images
    Pope Francis greets Pope Emeritus Benedict XVI at St Peter's Basilica in September 2014. Getty Images
  • Pope Francis meets football legend Diego Maradona during an audience in Rome in September 2014. Getty Images
    Pope Francis meets football legend Diego Maradona during an audience in Rome in September 2014. Getty Images
  • Pope Francis prays by the Western Wall in Jerusalem, Israel, May 2014. Getty Images
    Pope Francis prays by the Western Wall in Jerusalem, Israel, May 2014. Getty Images
  • Pope Francis welcomes Britain's Queen Elizabeth II for a private audience in Rome, April 2014. Getty Images
    Pope Francis welcomes Britain's Queen Elizabeth II for a private audience in Rome, April 2014. Getty Images
  • Pope Francis during his weekly audience in St Peter's Square, the Vatican, in March 2014. Getty Images
    Pope Francis during his weekly audience in St Peter's Square, the Vatican, in March 2014. Getty Images
  • Pope Francis during the Inauguration Mass for the Pope in St Peter's Square in March 2013. Getty Images
    Pope Francis during the Inauguration Mass for the Pope in St Peter's Square in March 2013. Getty Images
  • Women read a special edition of L'Osservatore Romano newspaper, which carries a photograph of the newly elected Pope Francis, March 2013. Getty Images
    Women read a special edition of L'Osservatore Romano newspaper, which carries a photograph of the newly elected Pope Francis, March 2013. Getty Images
  • Pope Francis on the central balcony of St Peter's Basilica in March 2013. Getty Images
    Pope Francis on the central balcony of St Peter's Basilica in March 2013. Getty Images

There is also concern for Pope Francis, who was in hospital for nine days in June. His condition has raised concerns about his ability to withstand the heat.

With hundreds of thousands of young Catholics from all over the world attending, the international festival is a pivotal event for the church and the future generation of Catholic devotees.

There was a cheerful reception upon his arrival, with young people chanting: “We are the Pope's youths.”

Other must-tries

Tomato and walnut salad

A lesson in simple, seasonal eating. Wedges of tomato, chunks of cucumber, thinly sliced red onion, coriander or parsley leaves, and perhaps some fresh dill are drizzled with a crushed walnut and garlic dressing. Do consider yourself warned: if you eat this salad in Georgia during the summer months, the tomatoes will be so ripe and flavourful that every tomato you eat from that day forth will taste lacklustre in comparison.

Badrijani nigvzit

A delicious vegetarian snack or starter. It consists of thinly sliced, fried then cooled aubergine smothered with a thick and creamy walnut sauce and folded or rolled. Take note, even though it seems like you should be able to pick these morsels up with your hands, they’re not as durable as they look. A knife and fork is the way to go.

Pkhali

This healthy little dish (a nice antidote to the khachapuri) is usually made with steamed then chopped cabbage, spinach, beetroot or green beans, combined with walnuts, garlic and herbs to make a vegetable pâté or paste. The mix is then often formed into rounds, chilled in the fridge and topped with pomegranate seeds before being served.

Call of Duty: Black Ops 6

Developer: Treyarch, Raven Software
Publisher:  Activision
Console: PlayStation 4 & 5, Windows, Xbox One & Series X/S
Rating: 3.5/5

RESULTS
%3Cp%3E%3Cstrong%3E9pm%3A%20Maiden%20(PA)%20Dh70%2C000%20(Dirt)%202%2C000m%3C%2Fstrong%3E%3Cbr%3EWinner%3A%20Mubhir%20Al%20Ain%2C%20Antonio%20Fresu%20(jockey)%2C%20Ahmed%20Al%20Mehairbi%20(trainer)%3Cbr%3E%3Cstrong%3E9.30pm%3A%20Handicap%20(TB)%20Dh70%2C000%20(D)%202%2C000m%3C%2Fstrong%3E%3Cbr%3EWinner%3A%20Exciting%20Days%2C%20Oscar%20Chavez%2C%20Doug%20Watson%3Cbr%3E%3Cstrong%3E10pm%3A%20Al%20Ain%20Cup%20%E2%80%93%20Prestige%20(PA)%20Dh100%2C000%20(D)%202%2C000m%3C%2Fstrong%3E%3Cbr%3EWinner%3A%20Suny%20Du%20Loup%2C%20Marcelino%20Rodrigues%2C%20Hamad%20Al%20Marar%3Cbr%3E%3Cstrong%3E10.30pm%3A%20Maiden%20(PA)%20Dh70%2C000%20(D)%201%2C800m%3C%2Fstrong%3E%3Cbr%3EWinner%3A%20Jafar%20Des%20Arnets%2C%20Oscar%20Chavez%2C%20Ahmed%20Al%20Mehairbi%3Cbr%3E%3Cstrong%3E11pm%3A%20Wathba%20Stallions%20Cup%20%E2%80%93%20Handicap%20(PA)%20Dh70%2C000%20(D)%201%2C600m%3C%2Fstrong%3E%3Cbr%3EWinner%3A%20Taj%20Al%20Izz%2C%20Richard%20Mullen%2C%20Ibrahim%20Al%20Hadhrami%3Cbr%3E%3Cstrong%3E11.30pm%3A%20Maiden%20(PA)%20Dh70%2C000%20(D)%201%2C400m%3C%2Fstrong%3E%3Cbr%3EWinner%3A%20Majdy%2C%20Antonio%20Fresu%2C%20Jean%20de%20Roualle%3Cbr%3E%3Cstrong%3E12am%3A%20Maiden%20(PA)%20Dh70%2C000%20(D)%201%2C400m%3C%2Fstrong%3E%3Cbr%3EWinner%3A%20Hamloola%2C%20Sam%20Hitchcott%2C%20Salem%20Al%20Ketbi%3C%2Fp%3E%0A
Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home. 

Apple%20Mac%20through%20the%20years
%3Cp%3E1984%20-%20Apple%20unveiled%20the%20Macintosh%20on%20January%2024%3Cbr%3E1985%20-%20Steve%20Jobs%20departed%20from%20Apple%20and%20established%20NeXT%3Cbr%3E1986%20-%20Apple%20introduced%20the%20Macintosh%20Plus%2C%20featuring%20enhanced%20memory%3Cbr%3E1987%20-%20Apple%20launched%20the%20Macintosh%20II%2C%20equipped%20with%20colour%20capabilities%3Cbr%3E1989%20-%20The%20widely%20acclaimed%20Macintosh%20SE%2F30%20made%20its%20debut%3Cbr%3E1994%20-%20Apple%20presented%20the%20Power%20Macintosh%3Cbr%3E1996%20-%20The%20Macintosh%20System%20Software%20OS%20underwent%20a%20rebranding%20as%20Mac%20OS%3Cbr%3E2001%20-%20Apple%20introduced%20Mac%20OS%20X%2C%20marrying%20Unix%20stability%20with%20a%20user-friendly%20interface%3Cbr%3E2006%20-%20Apple%20adopted%20Intel%20processors%20in%20MacBook%20Pro%20laptops%3Cbr%3E2008%20-%20Apple%20introduced%20the%20MacBook%20Air%2C%20a%20lightweight%20laptop%3Cbr%3E2012%20-%20Apple%20launched%20the%20MacBook%20Pro%20with%20a%20retina%20display%3Cbr%3E2016%20-%20The%20Mac%20operating%20system%20underwent%20rebranding%20as%20macOS%3Cbr%3E2020%20-%20Apple%20introduced%20the%20M1%20chip%20for%20Macs%2C%20combining%20high%20performance%20and%20energy%20efficiency%3Cbr%3E2022%20-%20The%20M2%20chip%20was%20announced%3Cbr%3E2023%20-The%20M3%20line-up%20of%20chip%20was%20announced%20to%20improve%20performance%20and%20add%20new%20capabilities%20for%20Mac.%3C%2Fp%3E%0A
ELECTION%20RESULTS
%3Cp%3EMacron%E2%80%99s%20Ensemble%20group%20won%20245%20seats.%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3EThe%20second-largest%20group%20in%20parliament%20is%20Nupes%2C%20a%20leftist%20coalition%20led%20by%20Jean-Luc%20Melenchon%2C%20which%20gets%20131%20lawmakers.%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3EThe%20far-right%20National%20Rally%20fared%20much%20better%20than%20expected%20with%2089%20seats.%3C%2Fp%3E%0A%3Cp%3EThe%20centre-right%20Republicans%20and%20their%20allies%20took%2061.%3C%2Fp%3E%0A
Five famous companies founded by teens

There are numerous success stories of teen businesses that were created in college dorm rooms and other modest circumstances. Below are some of the most recognisable names in the industry:

  1. Facebook: Mark Zuckerberg and his friends started Facebook when he was a 19-year-old Harvard undergraduate. 
  2. Dell: When Michael Dell was an undergraduate student at Texas University in 1984, he started upgrading computers for profit. He starting working full-time on his business when he was 19. Eventually, his company became the Dell Computer Corporation and then Dell Inc. 
  3. Subway: Fred DeLuca opened the first Subway restaurant when he was 17. In 1965, Mr DeLuca needed extra money for college, so he decided to open his own business. Peter Buck, a family friend, lent him $1,000 and together, they opened Pete’s Super Submarines. A few years later, the company was rebranded and called Subway. 
  4. Mashable: In 2005, Pete Cashmore created Mashable in Scotland when he was a teenager. The site was then a technology blog. Over the next few decades, Mr Cashmore has turned Mashable into a global media company.
  5. Oculus VR: Palmer Luckey founded Oculus VR in June 2012, when he was 19. In August that year, Oculus launched its Kickstarter campaign and raised more than $1 million in three days. Facebook bought Oculus for $2 billion two years later.
FA CUP FINAL

Manchester City 6
(D Silva 26', Sterling 38', 81', 87', De Bruyne 61', Jesus 68')

Watford 0

Man of the match: Bernardo Silva (Manchester City)

Other IPL batting records

Most sixes: 292 – Chris Gayle

Most fours: 491 – Gautam Gambhir

Highest individual score: 175 not out – Chris Gayle (for Royal Challengers Bangalore against Pune Warriors in 2013)

Highest strike-rate: 177.29 – Andre Russell

Highest strike-rate in an innings: 422.22 – Chris Morris (for Delhi Daredevils against Rising Pune Supergiant in 2017)

Highest average: 52.16 – Vijay Shankar

Most centuries: 6 – Chris Gayle

Most fifties: 36 – Gautam Gambhir

Fastest hundred (balls faced): 30 – Chris Gayle (for Royal Challengers Bangalore against Pune Warriors in 2013)

Fastest fifty (balls faced): 14 – Lokesh Rahul (for Kings XI Punjab against Delhi Daredevils in 2018)

 

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.

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.

TOURNAMENT INFO

Fixtures
Sunday January 5 - Oman v UAE
Monday January 6 - UAE v Namibia
Wednesday January 8 - Oman v Namibia
Thursday January 9 - Oman v UAE
Saturday January 11 - UAE v Namibia
Sunday January 12 – Oman v Namibia

UAE squad
Ahmed Raza (captain), Rohan Mustafa, Mohammed Usman, CP Rizwan, Waheed Ahmed, Zawar Farid, Darius D’Silva, Karthik Meiyappan, Jonathan Figy, Vriitya Aravind, Zahoor Khan, Junaid Siddique, Basil Hameed, Chirag Suri

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)

HERO%20CUP%20TEAMS
%3Cp%3E%3Cstrong%3E%3Cins%3EContinental%20Europe%3Cbr%3E%3C%2Fins%3E%3C%2Fstrong%3EFrancesco%20Molinari%20(c)%3Cbr%3EThomas%20Detry%3Cbr%3ERasmus%20Hojgaard%3Cbr%3EAdrian%20Meronk%3Cbr%3EGuido%20Migliozzi%3Cbr%3EAlex%20Noren%3Cbr%3EVictor%20Perez%3Cbr%3EThomas%20Pieters%3Cbr%3ESepp%20Straka%3Cbr%3EPlayer%20TBC%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E%3Cins%3EGreat%20Britain%20%26amp%3B%20Ireland%3C%2Fins%3E%3C%2Fstrong%3E%3Cbr%3ETommy%20Fleetwood%20(c)%3Cbr%3EEwen%20Ferguson%3Cbr%3ETyrrell%20Hatton%3Cbr%3EShane%20Lowry%3Cbr%3ERobert%20MacIntyre%3Cbr%3ESeamus%20Power%3Cbr%3ECallum%20Shinkwin%3Cbr%3EJordan%20Smith%3Cbr%3EMatt%20Wallace%3Cbr%3EPlayer%20TBC%3C%2Fp%3E%0A
SANCTIONED
  • Kirill Shamalov, Russia's youngest billionaire and previously married to Putin's daughter Katarina
  • Petr Fradkov, head of recently sanctioned Promsvyazbank and son of former head of Russian Foreign Intelligence, the FSB. 
  • Denis Bortnikov, Deputy President of Russia's largest bank VTB. He is the son of Alexander Bortnikov, head of the FSB which was responsible for the poisoning of political activist Alexey Navalny in August 2020 with banned chemical agent novichok.  
  • Yury Slyusar, director of United Aircraft Corporation, a major aircraft manufacturer for the Russian military.
  • Elena Aleksandrovna Georgieva, chair of the board of Novikombank, a state-owned defence conglomerate.
Sam Smith

Where: du Arena, Abu Dhabi

When: Saturday November 24

Rating: 4/5

UAE currency: the story behind the money in your pockets
While you're here
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

The bio

Favourite vegetable: Broccoli

Favourite food: Seafood

Favourite thing to cook: Duck l'orange

Favourite book: Give and Take by Adam Grant, one of his professors at University of Pennsylvania

Favourite place to travel: Home in Kuwait.

Favourite place in the UAE: Al Qudra lakes

WHAT%20ARE%20THE%20PRODUCTS%20WITHIN%20THE%20THREE%20MAJOR%20CATEGORIES%3F
%3Cp%3E%3Cstrong%3EAdvanced%20materials%3A%3C%2Fstrong%3E%20specifically%20engineered%20to%20exhibit%20novel%20or%20enhanced%20properties%2C%20that%20confer%20superior%20performance%20relative%20to%20conventional%20materials%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EAdvanced%20components%3A%3C%2Fstrong%3E%20includes%20semiconductor%20components%2C%20such%20as%20microprocessors%20and%20other%20computer%20chips%2C%20and%20computer%20vision%20components%20such%20as%20lenses%20and%20image%20sensors%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EAdvanced%20products%3A%3C%2Fstrong%3E%20includes%20personal%20electronics%2C%20smart%20home%20devices%20and%20space%20technologies%2C%20along%20with%20industry-enabling%20products%20such%20as%20robots%2C%203D%20printing%20equipment%20and%20exoskeletons%3C%2Fp%3E%0A%3Cp%3E%3Cem%3ESource%3A%20Strategy%26amp%3B%3C%2Fem%3E%3C%2Fp%3E%0A
Fixtures (6pm UAE unless stated)

Saturday Bournemouth v Leicester City, Chelsea v Manchester City (8.30pm), Huddersfield v Tottenham Hotspur (3.30pm), Manchester United v Crystal Palace, Stoke City v Southampton, West Bromwich Albion v Watford, West Ham United v Swansea City

Sunday Arsenal v Brighton (3pm), Everton v Burnley (5.15pm), Newcastle United v Liverpool (6.30pm)

Updated: August 03, 2023, 11:41 AM