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World’s best knights to descend in Dubai for Global Chess League

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Hou Yifan, left, and Magnus Carlsen are among a stellar field for the inaugural Global Chess League.

The Tech Mahindra Global Chess League (GCL) have announced the complete list of players for the upcoming inaugural edition, to be held at the Dubai Chess and Culture Club from June 21 to July 2.

The GCL, in association with the Dubai Sports Council, will feature reigning world champion Ding Liren, the top-ranked chess player and five-time world champion Magnus Carlsen, five-time world champion Viswanathan Anand, and four-time women’s world champion Hou Yifan, among others.

Grandmaster Liren, said: “Global Chess League appeared to be a fantastic opportunity from the moment I heard about it. Not only is it an interesting format, but also, as an Icon player, I get to contribute to an exciting concept that will change the face of the chess world for years to come. Further, knowing that GCL will see participation from players worldwide, it will be a strong field, and I look forward to meeting all the players.”

A five-time world champion, and the reigning four-time rapid chess world champion, Carlsen’s peak Fide rating has been the highest in chess history. “Chess is played by many people worldwide, but it needs to catch up to other major sports as a spectator sport, and I am optimistic that GCL will contribute significantly to this.”

All teams will compete in a one-of-a-kind joint team format at GCL, with each team consisting of six players with a minimum of two women chess players per team. Besides Liren and Carlsen, four former world champions will add to the thrilling level of competition – 2021 rapid world champion Nodirbek Abdusattorov, 2008 blitz world winner Leinier Domínguez, three-time blitz world champion Alexander Grischuk, and Daniil Dubov (2018, rapid).

The league will also feature top female superstars, including Grandmaster (GM) Hou Yifan, the second highest-rated female player of all time. She was the youngest female player ever to qualify for the title of grandmaster at the age of 14.

There will be six teams with each accorded an icon player and two women players in the mixed-team GCL. The full list of icon players is yet to be finalised.

Yifan will be accompanied by WGMs Koneru Humpy, Harika Dronavalli, Kateryna Lagno, Alexandra Kosteniuk, Tan Zhongyi, Nana Dzagnidze, Bella Khotenashvili, Nino Batsiashvili, Irina Krush, International Master Polina Shuvalova, and 2018 European women’s champion in rapid chess, Elisabeth Paehtz.

Yifan said, “Global Chess League has already sparked widespread interest. GCL is certain to take the game in new directions and open doors, which have never been explored before. Chess fans all over the world are in for a treat.”

Six U21 players will also compete in the GCL, with the trio of Grandmasters, Praggnanandhaa R., Raunak Sadhwani, and Nihal Sarin, leading the pack of prodigies for India. GMs Jonas Buhl Bjerre, Javokhir Sindarov and chess prodigy GM Andrey Esipenko complete the list of players in the category.

ALSO READ: Anand sees ‘new beginning’ in Dubai with GCL

In addition to the players mentioned above, the GCL will feature several other superstars of chess, including Grandmasters Vidit Gujrathi, Gukesh D, Arjun Erigaisi, Shakhriyar Mamedyarov, Teimour Radjabov, Yi Wei, Yu Yangyi, Maxime Vachier-Lagrave, Richard Rapport, Kirill Shevchenko, Jan-Krzysztof Duda and Salem Salah.

Jagdish Mitra, the GCL board chairman, said, “Apart from being great players, all of them have been ambassadors for the game in their respective countries and worldwide. With them on board, GCL only adds another feather to its cap in becoming a true game changer for the chess ecosystem by introducing a mixed-team format in chess. This is a true testament to our belief in providing equal opportunities to all, regardless of gender.”

 

Business

What new UAE anti-money laundering measures mean for businesses

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The UAE is strengthening its crackdown on financial crime, with the National Committee for Anti-Money Laundering and Combating the Financing of Terrorism and Proliferation Financing approving a new set of measures to boost transparency and enforcement.

Announced after its latest meeting, chaired by Khaled Mohamed Balama of the Central Bank of the UAE, the updates aim to strengthen how authorities detect, investigate, and prevent illicit financial activity.

A key highlight is a new national guide on financial intelligence and money laundering investigations, which improves coordination between agencies and introduces updated procedures for tracking and recovering assets, including those linked to virtual assets.

The committee also approved risk assessments across financial institutions, virtual asset providers, and non-financial sectors, enabling more targeted enforcement and oversight.

Stricter compliance for businesses

For businesses in the UAE, the new measures mean stricter compliance requirements but also a more stable and trusted operating environment.

Companies, especially in finance, real estate, and emerging sectors like virtual assets, will need to strengthen due diligence, improve internal controls, and align with updated risk assessments and reporting standards set in coordination with the Central Bank of the UAE.

While this may increase operational oversight and compliance costs in the short term, it enhances transparency, reduces exposure to financial crime risks, and reinforces the UAE’s reputation as a secure global business hub, ultimately boosting investor confidence and long-term growth opportunities.

Additional updates include revised national risk assessments on proliferation financing and non-profit organisations, reinforcing a risk-based approach to regulation.

While largely behind the scenes, these changes play a key role in maintaining the UAE’s position as a secure and trusted global financial hub, something that directly impacts businesses, investors, and the wider expat community.

Officials say the measures mark a more advanced phase in the country’s regulatory framework, with stronger coordination and improved readiness to address evolving financial risks.

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UAE motorists to see new parking charges in Abu Dhabi neighbourhood

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Motorists in Abu Dhabi’s Mohamed Bin Zayed City will soon need to factor in parking fees, as paid parking is set to roll out in additional commercial sectors starting May 6.

Under the new system, drivers will pay Dh2 per hour for standard parking in sectors ME9 and ME12, as part of ongoing efforts to improve traffic flow and accessibility in busy neighbourhood hubs.

The initiative is being implemented by Q Mobility under the supervision of the Integrated Transport Centre (ITC), reflecting a broader push to modernise urban mobility across the capital.

For many UAE residents and expats living in the area, the change marks a shift from previously free parking to a more structured system designed to reduce congestion and limit random parking, particularly around commercial and service outlets.

The rollout will cover more than 10,000 parking spaces, including 3,219 spaces in ME9 and 6,986 spaces in ME12, along with designated spots for People of Determination.

To make the transition easier, motorists can pay through multiple digital channels, including apps like Darb and TAMM, as well as SMS and on-site payment machines, offering flexibility for residents who rely on different payment methods.

Authorities say the system is designed to support local businesses by improving access to shops and services, making it easier for customers to find available spaces.

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UAE mandates better housing, healthcare, and safety for workers

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The UAE is stepping up efforts to improve worker welfare, as the Ministry of Human Resources and Emiratisation (MOHRE) rolls out a comprehensive set of regulations governing labour accommodation across the country.

The new guidelines aim to raise living standards for workers, many of whom are part of the UAE’s diverse expat community, by introducing enhanced health, safety, and well-being measures, including mandatory free internet access in accommodation facilities.

Under the updated rules, employers are required to provide licensed and adequate housing or offer a housing allowance. Larger accommodations housing 1,000 workers or more must now include 24-hour medical clinics, along with recreational spaces and access to financial services.

The changes also place a stronger emphasis on mental well-being. Accommodation managers are expected to organise social and recreational activities during official holidays, helping workers stay connected and engaged outside of work.

Location planning is another key focus. Labour accommodations must be situated near industrial zones and transport networks, while maintaining safe distances from residential neighbourhoods and environmental risks.

In terms of daily living standards, the regulations outline clear requirements for cleanliness, proper lighting, sanitation, food preparation areas, and access to safe drinking water, as well as pest control and secure gas systems.

Emergency preparedness has also been reinforced. Employers must provide first aid rooms, isolation areas, and emergency response plans, while larger facilities are required to have on-site doctors, nurses, and ambulance services.

To ensure accessibility and transparency, workers must be given written guidance in multiple languages, explaining their rights, health and safety procedures, and how to contact authorities for support or to file complaints. This is complemented by clear emergency signage, evacuation plans, fire safety measures, and regular drills.

The ministry says these updates are part of a broader push to strengthen worker protection, ensure compliance, and enhance quality of life.

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