Author: dailyguardian.ae

Two new winners have become millionaires in Mahzooz’s latest draws – which are also the final one this year. This brings the total number of winners who joined the Mahzooz millionaires club to 66. The same draws awarded Dh1,295,000 to 100 guaranteed raffle prize winners. A total of Dh24,052,185 was distributed to 236,979 winners as follows: · 1st prize: Two winners matched 5 of 5 numbers and shared the top prize of Dh20 million, taking home Dh10 million each. · 2nd prize: 119 participants matched 4 of 5 numbers and shared the second prize of Dh150,000, earning Dh1,260 each. ·…

Following Donald Trump’s victory in the US presidential election in 2016, many pundits predicted a worldwide breakdown of democracy, and some warned of civil war. But, aside from Africa’s Sahel region, military coups remain rare, and civil wars rarer still. Instead, democracies have tended to break down through civilian coups. Such coups have been of three types in the post-Cold War era. Two have attracted much media attention; the one that should worry us the most, especially given the spectre of Trump’s return to power in early 2025, has not. The first model of democratic retreat is exemplified by Hungarian…

If a person lives and does business in the UAE, they are a UAE tax resident By Mahar Afzal/Compliance Corner Last week, the Federal Tax Authority (FTA) released a document titled “Corporate tax guidance CTGRNP1: registration of natural persons,” providing additional details on how corporate tax applies to natural persons, their registration criteria, and other procedures necessary to comply with the UAE corporate tax law. The guidance explains that taxable persons can be categorised as either juridical persons and natural persons, and these persons can further be classified as either residents or non-residents. A juridical person refers to an entity…

David Warner has been given the hometown farewell from Test cricket he craved after the opening batsman was named in an unchanged Australia line-up for the third and final Test against Pakistan in Sydney next week. Warner said in June he wanted to call time on his 12-year Test career at the Sydney Cricket Ground and, with the Australians holding an unassailable 2-0 lead in the series, the 37-year-old has been granted his wish. “The National Selection Panel have retained the same squad from Melbourne to Sydney as we look to clean sweep the Test series,” chief selector George Bailey…

2023 was the year the world at large was introduced to the term spatial computing. Even though Apple didn’t invent the term, its use of it while announcing the Vision Pro instead of “mixed-reality” or “augmented reality” was notable. In short, a spatial computer is a new type of device with a wearable display, the ability to sense the surrounding area, and a user interface based on the wearer’s hands, eyes, and voice instead of a traditional screen. But Apple is hardly alone in its pursuit. 2023 saw some huge releases from major players in the game, pushing this technology to…

More than Dh51 million was raised in the 114th open auction for exclusive vehicle number plates (the final auction for this year) held by Dubai’s Roads and Transport Authority (RTA) at the Grand Hyatt Dubai Hotel on Saturday, December 30, 2023. The sale topper was plate AA30, which sold for Dh4.54 million, followed by O48, which sold for Dh2.48 million. Plate AA555 fetched Dh2.56 million, and plate T64 was sold for Dh2.4 million, while Q66666 fetched Dh1.61 million. RTA offered 90 fancy plates for bidding in this open auction comprising two, three, four and five digits of categories: AA-I-J -M-N-O…

The global oil market is poised for significant shifts in 2024, driven by a combination of Opec production cuts, a burgeoning US oil production boom, and potential market share battles, industry experts said. As crude prices experienced a tumultuous year, falling approximately 35 per cent from previous highs, industry experts are closely monitoring key factors that will shape the oil market in the coming year, Vijay Valecha, chief investment officer of Century Financial, said. In 2023, concerns about economies and oil demand amid rising interest rates pushed oil prices down to a 10 per cent decline, the first annual drop…

Two-time Wimbledon champion Andy Murray said 2024 could be his final year before retirement after illness and injury hampered his preparation for the new season. Murray’s year will begin at the Brisbane International as he builds up for the Australian Open later in January. The 36-year-old is ranked 42nd in the world after a frustrating end to 2023, when he won just one match in his last four tournaments. Murray has previously battled back from what seemed impending retirement after undergoing hip surgery in 2018. But he conceded that he will bring down the curtain on his career if the…

Since 1975, Saturday Night Live has been an institution on NBC, and it’s closing in fast on 1,000 episodes, which should be reached before the show celebrates its 50th anniversary in 2025. Hosting the show has become a rite of passage for up-and-coming stars and established actors and actresses. But only the best guest hosts have had the chance to return for multiple appearances. There’s even a Five-Timers Club for SNL hosting veterans, although only five guest hosts have had the gig 10 times or more. Since Peacock allows fans to revisit the previous seasons of SNL, we’ve decided to…

Six record-breaking firework feats, drone shows, dazzling performances: It’s all happening in the UAE as the country steps into 2024 with hope for a beautiful new year. Abu Dhabi skies will light up with 40 minutes of fireworks and a show put up by 5,000 drones, while Dubai’s Burj Khalifa will shine with its “brightest, biggest and most colourful” display yet. Ras Al Khaimah will have a record-breaking start to the new year, with a carpet of aquatic pyrotechnics, LED drones and fireworks illuminating 4.5km of shoreline stretching from Al Marjan Island to Al Hamra Village. Stay up to date…