The demise of NMC was sparked by US short seller Muddy Waters. Bloomberg
The demise of NMC was sparked by US short seller Muddy Waters. Bloomberg
The demise of NMC was sparked by US short seller Muddy Waters. Bloomberg
The demise of NMC was sparked by US short seller Muddy Waters. Bloomberg

Oman: coronavirus cases could reach 500 a day at peak


Mina Aldroubi
  • English
  • Arabic

Oman expects the number of coronavirus cases in the country to reach 500 a day at its peak, the country's health minister said on Thursday. 
The Sultanate recorded 109 new cases on Thursday, bringing the country's overall infections to 1,019 and four deaths.
"We expect to record peak cases to be about 500 infections a day, 150 of which will require intensive care,"  Oman's Health Minister, Ahmed Mohammed Al Saeedi, said. 
Precautionary measures must be taken seriously, the minister said. The number of cases, he said, are still on the rise.
The country is expected to reach its peak during the week of April 23, the minister said.

  • Iraqi health workers at a hospital in the central Iraqi city of Karbala. AFP
    Iraqi health workers at a hospital in the central Iraqi city of Karbala. AFP
  • A worker disinfects a street to prevent the spread of the coronavirus during a state of emergency in Rabat, Morocco. AP
    A worker disinfects a street to prevent the spread of the coronavirus during a state of emergency in Rabat, Morocco. AP
  • The deserted Corniche Beirut seaside promenade during the lockdown against the coronavirus pandemic in Beirut, Lebanon. EPA
    The deserted Corniche Beirut seaside promenade during the lockdown against the coronavirus pandemic in Beirut, Lebanon. EPA
  • Syrian workers unload medical supplies from China at the International Airport in Damascus, Syria. EPA
    Syrian workers unload medical supplies from China at the International Airport in Damascus, Syria. EPA
  • Dancers of the Palestinian Jafra Dabke Team perform a traditional dabke dance for people confined because of the coronavirus pandemic lockdown in the village of Tarqumia, north-west of Hebron, in the occupied West Bank. AFP
    Dancers of the Palestinian Jafra Dabke Team perform a traditional dabke dance for people confined because of the coronavirus pandemic lockdown in the village of Tarqumia, north-west of Hebron, in the occupied West Bank. AFP
  • A policeman wearing protective gear as a precaution against the coronavirus guards a security checkpoint in Gaza City. AFP
    A policeman wearing protective gear as a precaution against the coronavirus guards a security checkpoint in Gaza City. AFP
  • Released women prisoners meet their families as they get off a bus near Bakirkoy women's prison in Istanbul. AFP
    Released women prisoners meet their families as they get off a bus near Bakirkoy women's prison in Istanbul. AFP
  • A man walks on a bridge near a bus station in Istanbul a day after Turkish President ordered a fresh lockdown to stop the spread of the coronavirus. AFP
    A man walks on a bridge near a bus station in Istanbul a day after Turkish President ordered a fresh lockdown to stop the spread of the coronavirus. AFP
  • A released woman prisoner hugs her mother after alighting a bus near Bakirkoy women's prison in Istanbul. AFP
    A released woman prisoner hugs her mother after alighting a bus near Bakirkoy women's prison in Istanbul. AFP
  • Members of a Palestinian family look at Al Mathaf hotel, where their relatives are quarantined, to limit the spread of the coronavirus pandemic, in Gaza City. AFP
    Members of a Palestinian family look at Al Mathaf hotel, where their relatives are quarantined, to limit the spread of the coronavirus pandemic, in Gaza City. AFP
  • A staff member at a coronavirus screening tent at Al Bashir hospital in Amman, Jordan. EPA
    A staff member at a coronavirus screening tent at Al Bashir hospital in Amman, Jordan. EPA
  • Workers unload medical supplies from China at Houari Boumediene International Airport in Algiers, Algeria. EPA
    Workers unload medical supplies from China at Houari Boumediene International Airport in Algiers, Algeria. EPA
  • Members of the medical staff at the Mohammmed V military hospital during the coronavirus pandemic crisis, in the Moroccan capital Rabat. AFP
    Members of the medical staff at the Mohammmed V military hospital during the coronavirus pandemic crisis, in the Moroccan capital Rabat. AFP
  • People wearing a face mask drive past empty shops during a state of emergency in Rabat, Morocco. AP
    People wearing a face mask drive past empty shops during a state of emergency in Rabat, Morocco. AP

"Cases are on the rise but we have not seen a sharp rise but rather a slowdown, which is less than the global levels," Mr Al Saeedi said. 
Oman begun using convalescent plasma to treat those infected this week.
The procedure includes using blood of recovered individuals, who are thought to have the coronavirus antibodies in their system, on infected patients.
"The procedure was carried out in co-operation between the Central Blood Bank and the Royal Hospital and a number of other sectors, and we will see the results in the coming days," Mr Al Saeedi said. 
But the procedure is expensive.
"For intensive care patients it reached 1,000 riyals (Dh9,537) per day and for laboratory testing it ranges between 20-50 riyals, additional costs must be included," Mr Al Saeedi said. 
The health minister described the disease as an "enemy that cannot be seen that can be combated by social distancing". 
Oman has taken extensive measures to curb the spreading of the virus during the past few weeks.

Most public venues have been shut and the government has locked down Muscat Governorate, which includes the capital. 
Earlier this week, the government advised its ministries and other sectors to cut spending and announced measures to support the private sector and safeguard Omani jobs. 
The finance ministry said that government agencies must cut their budgets by at least 10 per cent.

UAE rugby season

FIXTURES

West Asia Premiership

Dubai Hurricanes v Dubai Knights Eagles

Dubai Tigers v Bahrain

Jebel Ali Dragons v Abu Dhabi Harlequins

UAE Division 1

Dubai Sharks v Dubai Hurricanes II

Al Ain Amblers v Dubai Knights Eagles II

Dubai Tigers II v Abu Dhabi Saracens

Jebel Ali Dragons II v Abu Dhabi Harlequins II

Sharjah Wanderers v Dubai Exiles II

 

LAST SEASON

West Asia Premiership

Winners – Bahrain

Runners-up – Dubai Exiles

UAE Premiership

Winners – Abu Dhabi Harlequins

Runners-up – Jebel Ali Dragons

Dubai Rugby Sevens

Winners – Dubai Hurricanes

Runners-up – Abu Dhabi Harlequins

UAE Conference

Winners – Dubai Tigers

Runners-up – Al Ain Amblers

Herc's Adventures

Developer: Big Ape Productions
Publisher: LucasArts
Console: PlayStation 1 & 5, Sega Saturn
Rating: 4/5

UAE%20medallists%20at%20Asian%20Games%202023
%3Cp%3E%3Cstrong%3EGold%3C%2Fstrong%3E%0D%3Cbr%3EMagomedomar%20Magomedomarov%20%E2%80%93%20Judo%20%E2%80%93%20Men%E2%80%99s%20%2B100kg%0D%3Cbr%3EKhaled%20Al%20Shehi%20%E2%80%93%20Jiu-jitsu%20%E2%80%93%20Men%E2%80%99s%20-62kg%0D%3Cbr%3EFaisal%20Al%20Ketbi%20%E2%80%93%20Jiu-jitsu%20%E2%80%93%20Men%E2%80%99s%20-85kg%0D%3Cbr%3EAsma%20Al%20Hosani%20%E2%80%93%20Jiu-jitsu%20%E2%80%93%20Women%E2%80%99s%20-52kg%0D%3Cbr%3EShamma%20Al%20Kalbani%20%E2%80%93%20Jiu-jitsu%20%E2%80%93%20Women%E2%80%99s%20-63kg%0D%3Cbr%3E%3Cstrong%3ESilver%3C%2Fstrong%3E%0D%3Cbr%3EOmar%20Al%20Marzooqi%20%E2%80%93%20Equestrian%20%E2%80%93%20Individual%20showjumping%0D%3Cbr%3EBishrelt%20Khorloodoi%20%E2%80%93%20Judo%20%E2%80%93%20Women%E2%80%99s%20-52kg%0D%3Cbr%3EKhalid%20Al%20Blooshi%20%E2%80%93%20Jiu-jitsu%20%E2%80%93%20Men%E2%80%99s%20-62kg%0D%3Cbr%3EMohamed%20Al%20Suwaidi%20%E2%80%93%20Jiu-jitsu%20%E2%80%93%20Men%E2%80%99s%20-69kg%0D%3Cbr%3EBalqees%20Abdulla%20%E2%80%93%20Jiu-jitsu%20%E2%80%93%20Women%E2%80%99s%20-48kg%0D%3Cbr%3E%3Cstrong%3EBronze%3C%2Fstrong%3E%0D%3Cbr%3EHawraa%20Alajmi%20%E2%80%93%20Karate%20%E2%80%93%20Women%E2%80%99s%20kumite%20-50kg%0D%3Cbr%3EAhmed%20Al%20Mansoori%20%E2%80%93%20Cycling%20%E2%80%93%20Men%E2%80%99s%20omnium%0D%3Cbr%3EAbdullah%20Al%20Marri%20%E2%80%93%20Equestrian%20%E2%80%93%20Individual%20showjumping%0D%3Cbr%3ETeam%20UAE%20%E2%80%93%20Equestrian%20%E2%80%93%20Team%20showjumping%0D%3Cbr%3EDzhafar%20Kostoev%20%E2%80%93%20Judo%20%E2%80%93%20Men%E2%80%99s%20-100kg%0D%3Cbr%3ENarmandakh%20Bayanmunkh%20%E2%80%93%20Judo%20%E2%80%93%20Men%E2%80%99s%20-66kg%0D%3Cbr%3EGrigorian%20Aram%20%E2%80%93%20Judo%20%E2%80%93%20Men%E2%80%99s%20-90kg%0D%3Cbr%3EMahdi%20Al%20Awlaqi%20%E2%80%93%20Jiu-jitsu%20%E2%80%93%20Men%E2%80%99s%20-77kg%0D%3Cbr%3ESaeed%20Al%20Kubaisi%20%E2%80%93%20Jiu-jitsu%20%E2%80%93%20Men%E2%80%99s%20-85kg%0D%3Cbr%3EShamsa%20Al%20Ameri%20%E2%80%93%20Jiu-jitsu%20%E2%80%93%20Women%E2%80%99s%20-57kg%0D%3C%2Fp%3E%0A
The specs: 2017 Ford F-150 Raptor

Price, base / as tested Dh220,000 / Dh320,000

Engine 3.5L V6

Transmission 10-speed automatic

Power 421hp @ 6,000rpm

Torque 678Nm @ 3,750rpm

Fuel economy, combined 14.1L / 100km

In-demand jobs and monthly salaries
  • Technology expert in robotics and automation: Dh20,000 to Dh40,000 
  • Energy engineer: Dh25,000 to Dh30,000 
  • Production engineer: Dh30,000 to Dh40,000 
  • Data-driven supply chain management professional: Dh30,000 to Dh50,000 
  • HR leader: Dh40,000 to Dh60,000 
  • Engineering leader: Dh30,000 to Dh55,000 
  • Project manager: Dh55,000 to Dh65,000 
  • Senior reservoir engineer: Dh40,000 to Dh55,000 
  • Senior drilling engineer: Dh38,000 to Dh46,000 
  • Senior process engineer: Dh28,000 to Dh38,000 
  • Senior maintenance engineer: Dh22,000 to Dh34,000 
  • Field engineer: Dh6,500 to Dh7,500
  • Field supervisor: Dh9,000 to Dh12,000
  • Field operator: Dh5,000 to Dh7,000
Key recommendations
  • Fewer criminals put behind bars and more to serve sentences in the community, with short sentences scrapped and many inmates released earlier.
  • Greater use of curfews and exclusion zones to deliver tougher supervision than ever on criminals.
  • Explore wider powers for judges to punish offenders by blocking them from attending football matches, banning them from driving or travelling abroad through an expansion of ‘ancillary orders’.
  • More Intensive Supervision Courts to tackle the root causes of crime such as alcohol and drug abuse – forcing repeat offenders to take part in tough treatment programmes or face prison.
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

Paatal Lok season two

Directors: Avinash Arun, Prosit Roy 

Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong

Rating: 4.5/5

UEFA CHAMPIONS LEAGUE FIXTURES

All kick-off times 10.45pm UAE ( 4 GMT) unless stated

Tuesday
Sevilla v Maribor
Spartak Moscow v Liverpool
Manchester City v Shakhtar Donetsk
Napoli v Feyenoord
Besiktas v RB Leipzig
Monaco v Porto
Apoel Nicosia v Tottenham Hotspur
Borussia Dortmund v Real Madrid

Wednesday
Basel v Benfica
CSKA Moscow Manchester United
Paris Saint-Germain v Bayern Munich
Anderlecht v Celtic
Qarabag v Roma (8pm)
Atletico Madrid v Chelsea
Juventus v Olympiakos
Sporting Lisbon v Barcelona

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 

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