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Sri Lanka crowned champions after defeating Pakistan in Hong Kong Sixes 2024 final

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he fireworks continued in the Hong Kong Sixes 2024 on the final day of the tournament. Sri Lanka were crowned champions after they defeated neighbours Pakistan by 3 wickets.

Being out into bat, Pakistan were bowled out for 72 in 5.2 overs. Muhammad Akhlaq top-scored with 48 off 20. Later, Pakistan bowlers did create some pressure in the starting of the chase but the Lankan lions soon pushed the paddle.

Sandun Weerakkody chipped in with a 13-ball 34 while captain Lahiru Madushanka (19 off 5) and Tharindu Ratnayake (16* off 4) made valuable contributions to take the side home.

Earlier, in the day, Australia’s Dan Christian smashed 6 sixes in one over against Pakistan’s Asif Ali in the Cup Semi Final. The Asian side had started off the proceedings with the ball in a steady way but Dan Christian helped the Aussies put up 107/1 in 6 overs. He ended up getting 42*off 10.

Later, Pakistan batters unleashed a stunning show with the bat and chased down the target in 5.5 overs to win the match by 4 wickets and register a place in the final. Muhammad Akhlaq scored 32 off 10 while Asif Ali struck 32 off 8.

The rest of the job was done by Faheem Ashraf (19* off 9) and Aamer Yamin (24* off 8).
Sri Lanka made it to the final of the tournament after defeating Bangladesh in a close encounter in the semi-final. The Bangla tigers were bundled out for 103 after Tharindu Rathnayake picked up four wickets.

Sri Lanka were then off to a good start in the chase after Sandun Weerakkody scored fifty before retiring. But Bangladesh did make a comeback and picked up a couple of wickets in quick succession. Sri Lanka needed 14 runs in the final over and they went over the line by 3 wickets.

England and Oman locked horns with each other in the Bowl final.

Oman took away the win by 4 wickets after chasing down a target of 124 runs. Batting first, England put up 123/1 in 6 overs after Ravi Bopara and Jordan Thompson struck fifties before retiring.

Oman got a perfect start to the chase as openers Asif Khan (47* off 17) and Vinayak Shukla (38 off 12) stitched a stand of 75 runs for the first wicket. Oman eventually completed the target in 5.5 overs to win the Bowl final.

The Plate Final was played between South Africa and UAE. The Proteas scored 96/4 after JJ Smuts remained unbeaten at 67 off 18 and then the bowlers unveiled a brilliant show with the ball. UAE were restricted to 95/4 and lost by 1 run.

With 20 years of experience across print, TV, and digital journalism, Sudhashree is a seasoned media professional with a keen eye for news. A true news bug, she thrives on curating stories that capture the pulse of fashion, film, and all things trending. Deeply immersed in the fast-evolving media landscape, she swears by the power of social media to shape narratives and spark conversations.

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Small businesses in the UAE now have tax relief until 2029

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Small businesses in the UAE with annual revenues of up to Dh3 million will continue to be eligible for Small Business Relief under the corporate tax regime until the end of 2029.

The Ministry of Finance said on Friday that Ministerial Decision No. 131 extends the period during which eligible businesses can benefit from Small Business Relief to cover tax periods ending on or before December 31, 2029.

The relief was introduced to help reduce the corporate tax compliance burden for smaller businesses and start-ups that meet the eligibility requirements.

Dh3 million threshold remains unchanged

The existing annual revenue threshold of Dh3 million, set under Ministerial Decision No. 73 of 2023, will continue to apply.

The relief applies to tax periods beginning on or after June 1, 2023 and, following the latest amendment, will remain available for subsequent tax periods ending on or before December 31, 2029.

Eligible taxable persons with annual revenue of up to Dh3 million can claim Small Business Relief, subject to meeting the conditions and requirements outlined in the corporate tax legislation.

The relief enables qualifying businesses to benefit from simplified corporate tax compliance requirements.

More time for small businesses

The extension provides eligible small businesses and start-ups with additional tax periods to benefit from the relief while continuing to meet the Dh3 million revenue threshold.

The Ministry said the decision is part of its efforts to support smaller companies and entrepreneurs, strengthen the business environment, and encourage sustainable growth and expansion.

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August fuel rates announced: UAE petrol prices go up

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UAE motorists will pay more at the pump from Saturday after the UAE Fuel Price Committee announced higher petrol and diesel prices for August 2026.

The revised rates, which take effect from August 1, are:

  • Super 98: Dh3.60 per litre (up from Dh3.40)
  • Special 95: Dh3.49 per litre (up from Dh3.29)
  • E-Plus 91: Dh3.41 per litre (up from Dh3.21)
  • Diesel: Dh3.80 per litre (up from Dh3.60)

The increase reverses July’s price reduction and comes after volatility in global oil markets during the past month.

The UAE Fuel Price Committee reviews retail fuel prices at the end of each month, with rates determined in line with movements in international oil markets.

The new prices will remain in effect throughout August 2026.

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UAE’s Jaywan card can now be used for online shopping on thousands of websites

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Online shopping with the UAE’s Jaywan card just got a major upgrade.

Network International has announced that Jaywan cardholders can now use their cards to pay on thousands of online stores connected to its payment gateway, expanding the domestic payment scheme beyond in-store purchases.

The move is expected to make online payments faster and more convenient while supporting the UAE’s push towards a cashless economy.

What is Jaywan?

Launched by Al Etihad Payments, a subsidiary of the Central Bank of the UAE, Jaywan is the country’s domestic payment card scheme.

It was introduced to provide a secure local payment option, reduce transaction costs and strengthen the UAE’s digital payments ecosystem.

Until now, Jaywan cards were mainly accepted for in-store purchases. With the latest expansion, cardholders can also use them for online shopping across thousands of merchants powered by Network International.

What this means for shoppers

For UAE residents, the update means more flexibility when shopping online.

Whether you’re ordering groceries, booking services or buying products online, you’ll be able to use your Jaywan card anywhere that supports Network International’s payment gateway.

The company says the integration offers secure, fast and seamless online payments, while merchants won’t face additional charges for Jaywan transactions processed through its platform.

A step towards a cashless UAE

The expansion is part of the UAE’s broader strategy to accelerate digital payments and reduce reliance on cash.

By making Jaywan available both in stores and online, payment providers are helping create a more connected digital payment ecosystem for businesses and consumers alike.

As more banks, merchants and payment providers adopt the scheme, residents can expect to see Jaywan accepted across even more everyday payment services in the future.

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