Announcements

“Team environment key for success”,says Gulf Giants’ Sanchit Sharma ahead of DP World ILT20

Published

3 years ago

January 2, 2024

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Young UAE pacer Sanchit Sharma was a key player for the Adani Sportsline-owned Gulf Giants, who went on to win the inaugural edition of the International League T20 in 2022, under the coaching of Zimbabwean legend Andy Flower. He took seven wickets in nine matches and was integral to the side during the run in to the trophy.

The Adani Sportsline-owned Giants were brilliant in the inaugural season of the ILT20 and secured the trophy with a tough fight. Sharing his thoughts on what took them the distance, Sanchit said, “When I got selected for the Gulf Giants, all my fellow UAE teammates, all the players that got selected from UAE, and everyone agreed that for us to even qualify for the eliminators, let alone winning the tournament, looked tough.

“But, in terms of the environment, we have the best environment. Players understood each other very well, and their capabilities, which led us to the title,” he added.

However, this victory and the career that Sanchit has had till now was almost not meant to be. He met with an accident just before Diwali in 2021, but his resilience, and the help of the doctors, revived his fledgling career. “I can still remember it was two years ago on the eve of Diwali. I had instructions from home ‘Please don’t go on a festival day’, mom was insisting. I told her, ‘I’ll just go for a couple of hours, I’ll train and come back’. Just as I was about to reach the training centre when the accident happened. I was hurt pretty badly.”

“I just got into the UAE men’s side, and I thought everything would go away. And that’s when I thought, ‘You got to be stronger mentally.’ It took me four or five months to get off my bed. God gave me a second chance, I always tell this to myself,” he recalled.

Now having been retained by the Adani Sportsline-owned Gulf Giants, Sanchit revealed the reason behind his team’s form and what makes them tick. “The management is brilliant with us. Maybe that’s what has led to the environment to be nice. Coming in, I’ve always seen all these players on TV and always wanted to play against them. I had this feeling that I wouldn’t get any better with them because they’re big stars. But then the way they welcomed all the UAE players, that is what I meant by the environment is very good.”

“We have the best environment, which is very important for any team,” added Sanchit. “That is what will help us hopefully win the title again. And being a T20 bowler, the pitches are a lot flatter comparatively. We just need to level up our games. We just have to get on with our game and try to make the most of whatever opportunities we get,” concluded the young pace icon.

Related Topics:#dpworldilt20 #featured #ilt20

Staff Reporter

Announcements

Small businesses in the UAE now have tax relief until 2029

Published

1 day ago

August 7, 2026

Michael Gomes

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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.

Announcements

August fuel rates announced: UAE petrol prices go up

Published

1 week ago

July 31, 2026

Michael Gomes

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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.

Announcements

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

Published

3 weeks ago

July 21, 2026

Michael Gomes

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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.