• Bollywood star Shah Rukh Khan owns the lucrative Knight Riders franchise, which has now entered the US market. Twitter / Visit Dubai India
    Bollywood star Shah Rukh Khan owns the lucrative Knight Riders franchise, which has now entered the US market. Twitter / Visit Dubai India
  • Shah Rukh Khan, co-owner of the Kolkata Knight Riders, during the Caribbean Premier League match between his team Trinbago Knight Riders and St Kitts Nevis Patriots in Port of Spain in 2019. The Knight Riders have invested in Major League Cricket in the United States. Getty
    Shah Rukh Khan, co-owner of the Kolkata Knight Riders, during the Caribbean Premier League match between his team Trinbago Knight Riders and St Kitts Nevis Patriots in Port of Spain in 2019. The Knight Riders have invested in Major League Cricket in the United States. Getty
  • Pat Cummins of Kolkata Knight Riders celebrates the wicket of Steve Smith of Rajasthan Royals during the IPL 2020 match in Dubai. Sportzpics for BCCI
    Pat Cummins of Kolkata Knight Riders celebrates the wicket of Steve Smith of Rajasthan Royals during the IPL 2020 match in Dubai. Sportzpics for BCCI
  • Kolkata Knight Riders captain Eoin Morgan scored 68 against Rajasthan Royals in Dubai. Sportzpics for BCCI
    Kolkata Knight Riders captain Eoin Morgan scored 68 against Rajasthan Royals in Dubai. Sportzpics for BCCI
  • Varun Chakaravarthy was one of the star performers for Kolkata Knight Riders in IPL 2020. Sportzpics for BCCI
    Varun Chakaravarthy was one of the star performers for Kolkata Knight Riders in IPL 2020. Sportzpics for BCCI
  • Lockie Ferguson of Kolkata Knight Riders had a stellar match against Sunrisers Hyderabad in Abu Dhabi. Sportzpics for BCCI
    Lockie Ferguson of Kolkata Knight Riders had a stellar match against Sunrisers Hyderabad in Abu Dhabi. Sportzpics for BCCI
  • Nitish Rana Kolkata Knight Riders during the match against Delhi Capitals in Abu Dhabi. Sportzpics for BCCI
    Nitish Rana Kolkata Knight Riders during the match against Delhi Capitals in Abu Dhabi. Sportzpics for BCCI
  • Dinesh Karthik handed over the captaincy of Kolkata Knight Riders to Eoin Morgan. Sportzpics for BCCI
    Dinesh Karthik handed over the captaincy of Kolkata Knight Riders to Eoin Morgan. Sportzpics for BCCI
  • Andre Russell struggled to fire for Kolkata Knight Riders in IPL 2020. Sportzpics for BCCI
    Andre Russell struggled to fire for Kolkata Knight Riders in IPL 2020. Sportzpics for BCCI
  • Kamlesh Nagarkoti of Kolkata Knight Riders bowls against Sunrisers Hyderabad in Abu Dhabi. Sportzpics for BCCI
    Kamlesh Nagarkoti of Kolkata Knight Riders bowls against Sunrisers Hyderabad in Abu Dhabi. Sportzpics for BCCI

Sport

Cricket

Knight Riders to build cricket stadium in Los Angeles

IPL franchise owners and Major League Cricket announce plans for state-of-the-art facility

The National

May 01, 2022

  • English
  • Arabic

T20 franchise owners Knight Riders Group and Major League Cricket (MLC) have announced plans to build a world-class cricket venue in Great Park, Los Angeles.

The Knight Riders Group (KRG) are the owners of the Kolkata Knight Riders in the Indian Premier League and Trinbago Knight Riders in the Caribbean Premier League (CPL). They are also the founding investors in MLC.

The stadium is set to include state-of-the-art training facilities, luxury suites, and an international-grade pitch to meet International Cricket Council (ICC) accreditation.

The 2024 men’s T20 World Cup is set to be co-hosted by the United States and the West Indies. Once cricket takes hold in the country, the venue could become the centre of the sport in the region.

Knight Riders owner and Bollywood superstar Shah Rukh Khan said, “Our investment in MLC in America, is based on our belief in the exciting future of cricket in the USA and is well aligned to our strategy of establishing Knight Riders as a global brand in T20 cricket. Plans to build a world-class cricket stadium in the greater Los Angeles area is exciting for us and MLC. This will no doubt have a transformational impact on one of the world’s most iconic metropolitan areas.”

“MLC is committed to building outstanding infrastructure for cricket in key markets accessible to legions of cricket-loving fans. We’re grateful to the City of Irvine for agreeing to explore this development in the heart of Orange County,” said Sameer Mehta and Vijay Srinivasan, co-founders, Major League Cricket.

“Great Park’s position as a hub for community recreation and its array of first-class sports facilities makes it an ideal location for the potential addition of a venue serving the local cricket-loving community and the broader Greater Los Angeles region with major international cricket events set to take place there.”

Major League Cricket is USA's officially sanctioned T20 franchise league and anticipated to launch in 2023.

According to the tournament website "MLC will feature top players from around the globe and provide a stage for domestic cricketers to showcase their talents to a global audience".

While you're here
23-man shortlist for next six Hall of Fame inductees

Tony Adams, David Beckham, Dennis Bergkamp, Sol Campbell, Eric Cantona, Andrew Cole, Ashley Cole, Didier Drogba, Les Ferdinand, Rio Ferdinand, Robbie Fowler, Steven Gerrard, Roy Keane, Frank Lampard, Matt Le Tissier, Michael Owen, Peter Schmeichel, Paul Scholes, John Terry, Robin van Persie, Nemanja Vidic, Patrick Viera, Ian Wright.

The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

How to vote in the UAE

1) Download your ballot https://www.fvap.gov/

2) Take it to the US Embassy

3) Deadline is October 15

4) The embassy will ensure all ballots reach the US in time for the November 3 poll

COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4
Ovo's tips to find extra heat
  • Open your curtains when it’s sunny 
  • Keep your oven open after cooking  
  • Have a cuddle with pets and loved ones to help stay cosy 
  • Eat ginger but avoid chilli as it makes you sweat 
  • Put on extra layers  
  • Do a few star jumps  
  • Avoid alcohol   
Famous left-handers

- Marie Curie

- Jimi Hendrix

- Leonardo Di Vinci

- David Bowie

- Paul McCartney

- Albert Einstein

- Jack the Ripper

- Barack Obama

- Helen Keller

- Joan of Arc

'Cheb%20Khaled'
%3Cp%3E%3Cstrong%3EArtist%3A%20%3C%2Fstrong%3EKhaled%3Cbr%3E%3Cstrong%3ELabel%3A%20%3C%2Fstrong%3EBelieve%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
Stats at a glance:

Cost: 1.05 billion pounds (Dh 4.8 billion)

Number in service: 6

Complement 191 (space for up to 285)

Top speed: over 32 knots

Range: Over 7,000 nautical miles

Length 152.4 m

Displacement: 8,700 tonnes

Beam:   21.2 m

Draught: 7.4 m

Various Artists 
Habibi Funk: An Eclectic Selection Of Music From The Arab World (Habibi Funk)
​​​​​​​

From Conquest to Deportation

Jeronim Perovic, Hurst

Brief scores:

Day 2

England: 277 & 19-0

West Indies: 154

While you're here
Kareem Shaheen on Canada

Concrete and Gold
Foo Fighters
RCA records

WHEN TO GO:

September to November or March to May; this is when visitors are most likely to see what they’ve come for.

WHERE TO STAY:

Meghauli Serai, A Taj Safari - Chitwan National Park resort (tajhotels.com) is a one-hour drive from Bharatpur Airport with stays costing from Dh1,396 per night, including taxes and breakfast. Return airport transfers cost from Dh661.

HOW TO GET THERE:

Etihad Airways regularly flies from Abu Dhabi to Kathmandu from around Dh1,500 per person return, including taxes. Buddha Air (buddhaair.com) and Yeti Airlines (yetiairlines.com) fly from Kathmandu to Bharatpur several times a day from about Dh660 return and the flight takes just 20 minutes. Driving is possible but the roads are hilly which means it will take you five or six hours to travel 148 kilometres.

AT%20A%20GLANCE
%3Cp%3E%3Cstrong%3EWindfall%3C%2Fstrong%3E%3Cbr%3EAn%20%E2%80%9Cenergy%20profits%20levy%E2%80%9D%20to%20raise%20about%20%C2%A35%20billion%20in%20a%20year.%20The%20temporary%20one-off%20tax%20will%20hit%20oil%20and%20gas%20firms%20by%2025%20per%20cent%20on%20extraordinary%20profits.%20An%2080%20per%20cent%20investment%20allowance%20should%20calm%20Conservative%20nerves%20that%20the%20move%20will%20dent%20North%20Sea%20firms%E2%80%99%20investment%20to%20save%20them%2091p%20for%20every%20%C2%A31%20they%20spend.%3Cbr%3E%3Cstrong%3EA%20universal%20grant%3C%2Fstrong%3E%3Cbr%3EEnergy%20bills%20discount%2C%20which%20was%20effectively%20a%20%C2%A3200%20loan%2C%20has%20doubled%20to%20a%20%C2%A3400%20discount%20on%20bills%20for%20all%20households%20from%20October%20that%20will%20not%20need%20to%20be%20paid%20back.%3Cbr%3E%3Cstrong%3ETargeted%20measures%3C%2Fstrong%3E%3Cbr%3EMore%20than%20eight%20million%20of%20the%20lowest%20income%20households%20will%20receive%20a%20%C2%A3650%20one-off%20payment.%20It%20will%20apply%20to%20households%20on%20Universal%20Credit%2C%20Tax%20Credits%2C%20Pension%20Credit%20and%20legacy%20benefits.%3Cbr%3ESeparate%20one-off%20payments%20of%20%C2%A3300%20will%20go%20to%20pensioners%20and%20%C2%A3150%20for%20those%20receiving%20disability%20benefits.%3C%2Fp%3E%0A
Uefa Nations League: How it works

The Uefa Nations League, introduced last year, has reached its final stage, to be played over five days in northern Portugal. The format of its closing tournament is compact, spread over two semi-finals, with the first, Portugal versus Switzerland in Porto on Wednesday evening, and the second, England against the Netherlands, in Guimaraes, on Thursday.

The winners of each semi will then meet at Porto’s Dragao stadium on Sunday, with the losing semi-finalists contesting a third-place play-off in Guimaraes earlier that day.

Qualifying for the final stage was via League A of the inaugural Nations League, in which the top 12 European countries according to Uefa's co-efficient seeding system were divided into four groups, the teams playing each other twice between September and November. Portugal, who finished above Italy and Poland, successfully bid to host the finals.

World Mental Health Day
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

Why seagrass matters
  • Carbon sink: Seagrass sequesters carbon up to 35X faster than tropical rainforests
  • Marine nursery: Crucial habitat for juvenile fish, crustations, and invertebrates
  • Biodiversity: Support species like sea turtles, dugongs, and seabirds
  • Coastal protection: Reduce erosion and improve water quality
The years Ramadan fell in May

1987

1954

1921

1888

INDIA SQUADS

India squad for third Test against Sri Lanka
Virat Kohli (capt), Murali Vijay, Lokesh Rahul, Shikhar Dhawan, Cheteshwar Pujara, Ajinkya Rahane, Rohit Sharma, Wriddhiman Saha, Ravichandran Ashwin, Ravindra Jadeja, Kuldeep Yadav, Mohammed Shami, Umesh Yadav, Ishant Sharma, Vijay Shankar

India squad for ODI series against Sri Lanka
Rohit Sharma (capt), Shikhar Dhawan, Ajinkya Rahane, Shreyas Iyer, Manish Pandey, Kedar Jadhav, Dinesh Karthik, Mahendra Singh Dhoni, Hardik Pandya, Axar Patel, Kuldeep Yadav, Yuzvendra Chahal, Jasprit Bumrah, Bhuvneshwar Kumar, Siddarth Kaul

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4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young

SHAITTAN
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Updated: May 01, 2022, 3:14 AM
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