Mexican Saul "Canelo" Alvarez and Japan's Kenichi Ogawa have been suspended for six months following hearings with the Nevada State Athletic Commission (NSAC) after both boxers failed recent doping tests.
Alvarez was temporarily suspended by the NSAC after testing positive for banned substance clenbuterol in February and withdrew from his rematch against world middleweight champion Gennady Golovkin, which was scheduled for May 5.
In the settlement statement, the NSAC said the former two-weight world champion had co-operated with the investigation and thus his ban had been backdated to the first time he tested positive, meaning he can return to the ring from August 17.
"Canelo looks forward to returning to the ring in September for Mexican Independence Day weekend to represent Mexico and boxing in what will be the sport's biggest event of the year," Alvarez's promoters Golden Boy Promotions said in a statement.
"He is ready to continue his remarkable record of fighting at the highest level," it added of the 27-year-old pugilist, who has a 49-1-2 record.
According to an ESPN report, the NSAC stripped Ogawa of his IBF super-featherweight title, which he won by beating American Tevin Farmer on December 9, after the 30 year old's pre-fight tests were positive for two forms of androstanediol.
Teiken Gym, where Ogawa (23-1) trains, said on Thursday that the NSAC had also invalidated the fight and fined the boxer 20 per cent of his prize purse.
Ogawa's suspension has also been backdated to the first time he tested positive and his ban will be lifted on June 9.
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Comment: Alvarez v Golovkin the right outcome, but one judge turns boxing back into laughing stock
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COMPANY PROFILE
Name: Kumulus Water
Started: 2021
Founders: Iheb Triki and Mohamed Ali Abid
Based: Tunisia
Sector: Water technology
Number of staff: 22
Investment raised: $4 million
Skewed figures
In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458.
The specs
Engine: 1.5-litre turbo
Power: 181hp
Torque: 230Nm
Transmission: 6-speed automatic
Starting price: Dh79,000
On sale: Now
The specs
Engine: 4.0-litre flat-six
Torque: 450Nm at 6,100rpm
Transmission: 7-speed PDK auto or 6-speed manual
Fuel economy, combined: 13.8L/100km
On sale: Available to order now
Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
Round 3: February 7-9, Dubai Autodrome – Dubai
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
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Tax authority targets shisha levy evasion
The Federal Tax Authority will track shisha imports with electronic markers to protect customers and ensure levies have been paid.
Khalid Ali Al Bustani, director of the tax authority, on Sunday said the move is to "prevent tax evasion and support the authority’s tax collection efforts".
The scheme’s first phase, which came into effect on 1st January, 2019, covers all types of imported and domestically produced and distributed cigarettes. As of May 1, importing any type of cigarettes without the digital marks will be prohibited.
He said the latest phase will see imported and locally produced shisha tobacco tracked by the final quarter of this year.
"The FTA also maintains ongoing communication with concerned companies, to help them adapt their systems to meet our requirements and coordinate between all parties involved," he said.
As with cigarettes, shisha was hit with a 100 per cent tax in October 2017, though manufacturers and cafes absorbed some of the costs to prevent prices doubling.
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The White Lotus: Season three
Creator: Mike White
Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell
Rating: 4.5/5
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
Company profile
Company: Rent Your Wardrobe
Date started: May 2021
Founder: Mamta Arora
Based: Dubai
Sector: Clothes rental subscription
Stage: Bootstrapped, self-funded
The specs
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
