Author: dailyguardian.ae

“What I have in my hands, it’s something very precious,” says Lionel Messi, holding a golden ball in his hands. “It’s pure gold.” On December 2, the third day of COP28 in the UAE, the official account of the climate conference shared a video of the Argentine football legend spreading a message of sustainability. “There’s just one,” he says, referring to the object in his hands. “With effort and a sense of community we can take care of it.” As he says this, the ball slowly transforms into a model of the Earth. The video ends with Messi’s call to…

Will Ferrell has been making audiences laugh since his time on Saturday Night Live in the late 1990s. Ferrell left SNL and provided comedy fans with a string of instant classics in the 2000s, including Old School, Anchorman, Wedding Crashers, Talladega Nights, and Step Brothers. Amid that treasure trove of adult comedies, Ferrell found time to cross into holiday comedies and star in three Christmas movies. The obvious Ferrell-led Christmas movie to watch in December is Elf, where the actor plays a human raised by elves who travels to New York City to meet his biological father. However, two more of Ferrell’s Christmas…

Question: I work in a private company in Dubai. My weekly off is on Wednesday. The UAE announced December 2, 3 and 4 (Saturday, Sunday and Monday) as paid holidays, and I have been asked to work as usual on those days. Will I get three compensatory days off? What’s the law? Answer: Pursuant to your queries, it is assumed that you are employed by a mainland company in Dubai. Therefore, the provisions of Federal Decree Law No. 33 of 2021 on the Regulation of Employment Relations are applicable. In the UAE, an employee is eligible for public holidays as…

Nine people, including two off-duty army personnel, were killed when gunmen opened fire on a bus travelling through northern Pakistan, causing it to crash into an oncoming truck and catch fire, officials said Sunday. The bus was attacked at around 6.30pm local time on Saturday from both sides by at least five militants. “Following the firing, the bus lost control and collided with an oncoming truck. Subsequently, both vehicles caught fire. Among the casualties are both drivers,” said Arif Ahmed Khan, a senior government official for the district. He said eight people died at the scene while one person later…

The TNMM assesses the net profit in relation to a suitable base By Mahar Afzal/Compliance Corner Under the transactional profit methods, there are two approaches to establish the arm’s length price, with the transactional net margin method (TNMM) being one of them. The TNMM has been explained in detail in the guidelines issued by the Organisation for Economic Cooperation and Development (OECD) and given in the transfer pricing guideline (CTGTP1) issued by the Federal Tax Authority (FTA). The TNMM assesses the net profit in relation to a suitable base such as costs, sales, or assets that a taxpayer gains from…

The Vision Pro headset is poised to be one of the most significant products Apple has introduced in years, and it has the potential to launch a new era of success for the company. But at the same time, there’s a risk that it could end up cannibalizing the Mac line by giving plenty of people something that could replace their computer altogether. That means Apple has got to be very careful with how it handles the Vision Pro. It no doubt wants as many people to buy it as possible, but it wants that to happen without having to…

Question: If I have a full-time job, can I invest in and operate a business in Dubai? What are the things I must keep in mind? Answer: Pursuant to your queries, it is assumed that you are employed by an employer based in mainland Dubai. Therefore, the provisions of Federal Decree Law No. 33 of 2021 on the Regulation of Employment Relations and the provisions of Cabinet Resolution No. 1 of 2022 on the Implementation of Federal Decree Law No. 33 of 2021 Regarding the Regulation of Employment Relations are applicable. In the UAE, an employee may establish an entity…

A volcano in western Indonesia erupted Sunday, belching a column of ash around three kilometres into the sky and forcing the evacuation of dozens of hikers, officials said. Mount Marapi on the island of Sumatra, with a peak of 2,891 metres, is on the third-highest alert level of Indonesia’s four-step system and authorities imposed an exclusion zone around its crater. There were no immediate reports of damage or casualties after the eruption at 2.54pm local time, but 42 hikers were unaccounted for. A total of 70 hikers had checked in at two entry points to Marapi since Saturday via an…

Here’s the harsh truth: Bollywood does not know how to make biopics. A biopic is supposed to delve deep into the psyche of a famous (or infamous!) personality, presenting known facts and unknown facets about them, giving you an understanding of what made them so unique. Bollywood disagrees. Most Hindi biopics have been utter disappointments primarily due to the makers’ unwillingness to explore any shade of their subject than white. Be it films based on the lives of sportspersons (Azhar, Mary Kom, MS Dhoni) or politicians (Thalaivi), or actors (Sanju), the tendency is to turn them into hagiographic embodiments of…

Pakistan fast bowler Shaheen Shah Afridi is looking to spoil Australia batter David Warner’s farewell when the two teams clash in a three-match Test series down under later this month. The first match of the series will kick off on December 14 in Perth. Warner, who has amassed 8487 runs with an average of 44.4 in 109 Test appearances, announced his decision to retire from the five-day format at the end of the Pakistan series. The Australian selectors named him in the 14-man squad on Sunday for the first Test against Pakistan. But Afridi, the Pakistan pace spearhead, says his…