• Chiara Rossolimo, fairs and exhibition director of OTIM, checking a 3D model of Michelangelo’s David. Courtesy: OTIM
    Chiara Rossolimo, fairs and exhibition director of OTIM, checking a 3D model of Michelangelo’s David. Courtesy: OTIM
  • Grazia Tucci, associate professor at the University of Florence and project leader of the David reproduction, during a trial of pressure on the first version of a limb of the David model. Courtesy: Massimo Sestini for Italy Pavilion at Expo 2020 Dubai
    Grazia Tucci, associate professor at the University of Florence and project leader of the David reproduction, during a trial of pressure on the first version of a limb of the David model. Courtesy: Massimo Sestini for Italy Pavilion at Expo 2020 Dubai
  • Chiara Rossolimo, fairs and exhibition director of freight forwarders OTIM, during the loading to transport a life-size replica of Michelangelo’s David from Florence. Courtesy: Massimo Sestini for Italy Pavilion at Expo 2020 Dubai
    Chiara Rossolimo, fairs and exhibition director of freight forwarders OTIM, during the loading to transport a life-size replica of Michelangelo’s David from Florence. Courtesy: Massimo Sestini for Italy Pavilion at Expo 2020 Dubai
  • A team gets the brackets ready before loading a more than five metre high model of Michelangelo’s David for transport from Florence. Courtesy: OTIM
    A team gets the brackets ready before loading a more than five metre high model of Michelangelo’s David for transport from Florence. Courtesy: OTIM
  • IThe replica of a 16th century sculpture being taken into a truck in Florence. Courtesy: OTIM
    IThe replica of a 16th century sculpture being taken into a truck in Florence. Courtesy: OTIM
  • A team carefully handles a 3D printed model of Michelangelo’s famous David statue for installation at the World Fair in Dubai. Courtesy: OTIM
    A team carefully handles a 3D printed model of Michelangelo’s famous David statue for installation at the World Fair in Dubai. Courtesy: OTIM
  • Packers load a replica of Michelangelo’s David that was scanned from the original at the Academy Gallery in Florence and printed on one of the world’s largest 3D printers. Courtesy: OTIM
    Packers load a replica of Michelangelo’s David that was scanned from the original at the Academy Gallery in Florence and printed on one of the world’s largest 3D printers. Courtesy: OTIM
  • A team checks a model of Michelangelo’s famous David sculpture in the narrow streets of Florence before loading it on to a truck to be transported via cargo plane to the Dubai Expo. Courtesy: OTIM
    A team checks a model of Michelangelo’s famous David sculpture in the narrow streets of Florence before loading it on to a truck to be transported via cargo plane to the Dubai Expo. Courtesy: OTIM
  • Chiara Rossolimo, fairs and exhibition director of OTIM, with the team that packed and transported a life-size replica of Michelangelo’s David from Florence to Dubai. Courtesy: OTIM
    Chiara Rossolimo, fairs and exhibition director of OTIM, with the team that packed and transported a life-size replica of Michelangelo’s David from Florence to Dubai. Courtesy: OTIM

Expo 2020 Dubai: life-size replica of Michelangelo’s 'David' completes a 6,000km journey from Florence to the UAE


Ramola Talwar Badam
  • English
  • Arabic

A 3D copy of Michelangelo's David, one of the world's most famous marble sculptures, reached Dubai and will be fitted in the Italian pavilion at the Expo site on Thursday.

It took months of precise planning and painstaking work by artists, architects and tech experts to recreate a digital version of the Renaissance masterpiece that draws millions of visitors to the Academy Gallery in Florence.

Large crates carrying the 450kg model and the 150kg podium on which it will stand were transported in a cargo plane from Italy that landed in Dubai on Tuesday.

The team behind the project told The National about the exhaustive research and 40 hours in January it took to scan the original in the museum.

'The most accurate' digital copy of famous masterpiece yet produced

"We wanted to capture not just the form but also to reproduce the texture," Grazia Tucci, associate professor in geomatics at the University of Florence, told The National.

"At the beginning I was a little bit scared because Michelangelo's David is one of the most important masterpieces in the history of art. It represents the victory of good over evil and has such symbolic value.

“It is probably the most reproduced icon all over the world so the accuracy and quality of this piece was really important to me.”

Prof Tucci described it as "the most accurate digital copy of David" because of the lengths the team went to capture the 16th-century sculpture.

Because of the shutdown of public spaces in Italy to stem the spread of coronavirus, digital experts were able to spend two weeks in an empty museum without crowds milling around.

Laser scanners normally used in the industrial sector for the highest resolution were mounted on a specially-built tripod to photograph and measure each section of the towering statue.

Tech experts climbed scaffolding and ladders to reach the highest portions of the statue and photograph all the details.

“We had to move the scanners with the tripod close to all the surfaces so we could have all the detail in the digital file that would be used as input for the 3D printer,” she said.

“The most difficult were the veins, hair curls, fingers, hands and feet.”

No stone unturned in search for perfection 

  • Engineers in Florence used high-tech cameras and mounted laser scanners on stairs to capture microscopic details of the 16th-century marble statue. EPA
    Engineers in Florence used high-tech cameras and mounted laser scanners on stairs to capture microscopic details of the 16th-century marble statue. EPA
  • The 3D-printed copy of Michelangelo's David statue at a laboratory in Florence. The reproduction will be flown to Dubai where it will represent Italy at the Expo. EPA
    The 3D-printed copy of Michelangelo's David statue at a laboratory in Florence. The reproduction will be flown to Dubai where it will represent Italy at the Expo. EPA
  • The 3D-printed copy of Michelangelo's David statue is being assembled at a laboratory in Florence, Italy. EPA
    The 3D-printed copy of Michelangelo's David statue is being assembled at a laboratory in Florence, Italy. EPA
  • The statue, which is a replica of the masterpiece at the Academy Gallery in Florence, will be the striking centrepiece of Italy's pavilion when Expo opens later this year. EPA
    The statue, which is a replica of the masterpiece at the Academy Gallery in Florence, will be the striking centrepiece of Italy's pavilion when Expo opens later this year. EPA
  • The copy of Michelangelo's David statue involved 3D printing of the various parts of the figure. EPA / Claudio Giovannini
    The copy of Michelangelo's David statue involved 3D printing of the various parts of the figure. EPA / Claudio Giovannini
  • The statue was created thanks to a sophisticated digitalisation process that involved scanning the statue to create a three-dimensional digital twin. EPA
    The statue was created thanks to a sophisticated digitalisation process that involved scanning the statue to create a three-dimensional digital twin. EPA
  • The 3D-printed copy of Michelangelo's David statue is made of acrylic resin covered with marble dust. EPA
    The 3D-printed copy of Michelangelo's David statue is made of acrylic resin covered with marble dust. EPA
  • The 3D-printed copy of Michelangelo's David statue was assembled by team of restorers at the Opificio delle Pietre Dure in Florence. EPA
    The 3D-printed copy of Michelangelo's David statue was assembled by team of restorers at the Opificio delle Pietre Dure in Florence. EPA
  • The restorers' work includes adding the cracks, fractures and abrasions to give it the same character of the current statue. EPA
    The restorers' work includes adding the cracks, fractures and abrasions to give it the same character of the current statue. EPA
  • Engineers in Florence used high-tech cameras and mounted laser scanners on stairs to capture microscopic details of the 16th-century marble statue. EPA
    Engineers in Florence used high-tech cameras and mounted laser scanners on stairs to capture microscopic details of the 16th-century marble statue. EPA

The scans took measurements of more than 100,000 points of the statue's surface.

These were combined to produce a digital twin of David over three weeks of 3D printing.

It then took artists two months for the aging process when they manually reconstructed the rough and smooth curves of the sculpture.

Restorers in Florence covered the acrylic resin model with layers of marble powder mixed with glue to mirror chisel marks, cracks and erosion.

“This was the most demanding because it was done by hand to make it really look like marble with its defects and similar to the original,” Prof Tucci said.

Paola Carniglia, sales director of OTIM, the freight forwarders who handled the transport, said the model was among the most unusual parcels the company has handled.

Plastic-based blocks anchored the head, chest, hands and legs to secure the statue inside the crate.

The piece was lifted by crane into a truck and out of the historical centre of Florence.

“The statue is fragile so we had to be very careful and listen to every single creak and sound to understand if something wrong was going on inside,” she said.

Stunning centrepiece of Italy pavilion set to make a big impression

A team checks a model of Michelangelo’s famous David sculpture in the narrow streets of Florence before loading it on to a truck to be transported via cargo plane to the Dubai Expo. Courtesy: OTIM
A team checks a model of Michelangelo’s famous David sculpture in the narrow streets of Florence before loading it on to a truck to be transported via cargo plane to the Dubai Expo. Courtesy: OTIM

“Moving it from a vertical position to laying it down was the most difficult.

“It is a very large piece so we had to make sure it was anchored and did not move. The streets of Florence are narrow so we worked at night."

The statue will take eight hours to set up inside the Italian pavilion at the Expo Dubai South site on Thursday morning.

Metal brackets are ready to hold the 1.8-metre podium on which the 5.2-metre statue will be placed.

Isabella Colangelo, an architect with Dubai’s A2Z architectural engineering company, is on site to co-ordinate with the design and installation teams.

“It will be a milli-metric operation But we have prepared everything to welcome this piece of Italian culture in Dubai,” she said.

A portion of the pavilion along with the statue will be unveiled next week.

When the Expo opens in October, visitors will enter at ground level where they can look up at the statue and also view it from the first floor exhibition area.

The aim of the pavilion is to merge history with the technology of the future.

The exhibition space will display sustainability solutions and connect entrepreneurs, business and academicians.

Grand vision for Expo 2020 Dubai takes shape as October opening draws near

  • The US Pavilion at the Expo 2020 site. Reem Mohammed / The National
    The US Pavilion at the Expo 2020 site. Reem Mohammed / The National
  • The Netherlands pavilion at Expo 2020 Dubai. Courtesy: V8 Architects
    The Netherlands pavilion at Expo 2020 Dubai. Courtesy: V8 Architects
  • The Luxembourg pavilion, under construction at the Expo 2020 Dubai site. Courtesy: Luxembourg pavilion at Expo 2020
    The Luxembourg pavilion, under construction at the Expo 2020 Dubai site. Courtesy: Luxembourg pavilion at Expo 2020
  • France's Expo pavilion. Courtesy: France Expo 2020 Dubai
    France's Expo pavilion. Courtesy: France Expo 2020 Dubai
  • The Swiss pavilion for Expo 2020. Chris Whiteoak / The National
    The Swiss pavilion for Expo 2020. Chris Whiteoak / The National
  • The Australian pavilion at Expo 2020 Dubai. Courtesy: Australian Pavilion at Expo 2020 Dubai
    The Australian pavilion at Expo 2020 Dubai. Courtesy: Australian Pavilion at Expo 2020 Dubai
  • The Irish pavilion located in the Mobility District, near Jubilee Park. Courtesy: Embassy of Ireland
    The Irish pavilion located in the Mobility District, near Jubilee Park. Courtesy: Embassy of Ireland
  • The Austrian Expo 2020 Pavilion.
    The Austrian Expo 2020 Pavilion.
  • The Bahrain Expo 2020 Pavilion.
    The Bahrain Expo 2020 Pavilion.
  • Belarus's Expo 2020 Pavilion.
    Belarus's Expo 2020 Pavilion.
  • The Belgium Expo 2020 Pavilion.
    The Belgium Expo 2020 Pavilion.
  • The Czech Republic Expo 2020 Pavilion.
    The Czech Republic Expo 2020 Pavilion.
  • Finland's Expo 2020 Pavilion.
    Finland's Expo 2020 Pavilion.
  • France's Expo 2020 Pavilion.
    France's Expo 2020 Pavilion.
  • The German Expo 2020 Pavilion.
    The German Expo 2020 Pavilion.
  • The Italian Expo 2020 Pavilion.
    The Italian Expo 2020 Pavilion.
  • Japan's Expo 2020 Pavilion.
    Japan's Expo 2020 Pavilion.
  • The Monaco Expo 2020 Pavilion.
    The Monaco Expo 2020 Pavilion.
  • The Netherlands' Expo 2020 Pavilion.
    The Netherlands' Expo 2020 Pavilion.
  • The New Zealand pavilion for Expo 2020.
    The New Zealand pavilion for Expo 2020.
  • Norway's Expo 2020 Pavilion.
    Norway's Expo 2020 Pavilion.
  • The Omani Expo 2020 Pavilion.
    The Omani Expo 2020 Pavilion.
  • Poland's Expo 2020 Pavilion.
    Poland's Expo 2020 Pavilion.
  • The Saudi Expo 2020 Pavilion.
    The Saudi Expo 2020 Pavilion.
  • The Spanish Expo 2020 Pavilion.
    The Spanish Expo 2020 Pavilion.
  • The South Korea Expo 2020 Pavilion.
    The South Korea Expo 2020 Pavilion.
  • The Sweden Expo 2020 Pavilion.
    The Sweden Expo 2020 Pavilion.
  • The Swiss Expo 2020 Pavilion.
    The Swiss Expo 2020 Pavilion.
  • Thailand's Expo 2020 Pavilion.
    Thailand's Expo 2020 Pavilion.
  • An artist's impression of the UAE pavilion.
    An artist's impression of the UAE pavilion.
  • The UK pavilion at Expo 2020.
    The UK pavilion at Expo 2020.
  • Ukraine's Expo 2020 Pavilion.
    Ukraine's Expo 2020 Pavilion.
ONCE UPON A TIME IN GAZA

Starring: Nader Abd Alhay, Majd Eid, Ramzi Maqdisi

Directors: Tarzan and Arab Nasser

Rating: 4.5/5

Results
%3Cp%3E%0D%3Cstrong%3EElite%20men%3C%2Fstrong%3E%0D%3Cbr%3E1.%20Amare%20Hailemichael%20Samson%20(ERI)%202%3A07%3A10%0D%3Cbr%3E2.%20Leornard%20Barsoton%20(KEN)%202%3A09%3A37%0D%3Cbr%3E3.%20Ilham%20Ozbilan%20(TUR)%202%3A10%3A16%0D%3Cbr%3E4.%20Gideon%20Chepkonga%20(KEN)%202%3A11%3A17%0D%3Cbr%3E5.%20Isaac%20Timoi%20(KEN)%202%3A11%3A34%0D%3Cbr%3E%3Cstrong%3EElite%20women%3C%2Fstrong%3E%0D%3Cbr%3E1.%20Brigid%20Kosgei%20(KEN)%202%3A19%3A15%0D%3Cbr%3E2.%20Hawi%20Feysa%20Gejia%20(ETH)%202%3A24%3A03%0D%3Cbr%3E3.%20Sintayehu%20Dessi%20(ETH)%202%3A25%3A36%0D%3Cbr%3E4.%20Aurelia%20Kiptui%20(KEN)%202%3A28%3A59%0D%3Cbr%3E5.%20Emily%20Kipchumba%20(KEN)%202%3A29%3A52%3C%2Fp%3E%0A
Neymar's bio

Total club appearances 411

Total goals scored 241

Appearances for Barca 186

Goals scored for Barca 105

Paatal Lok season two

Directors: Avinash Arun, Prosit Roy 

Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong

Rating: 4.5/5

Structural%20weaknesses%20facing%20Israel%20economy
%3Cp%3E1.%20Labour%20productivity%20is%20lower%20than%20the%20average%20of%20the%20developed%20economies%2C%20particularly%20in%20the%20non-tradable%20industries.%3Cbr%3E2.%20The%20low%20level%20of%20basic%20skills%20among%20workers%20and%20the%20high%20level%20of%20inequality%20between%20those%20with%20various%20skills.%3Cbr%3E3.%20Low%20employment%20rates%2C%20particularly%20among%20Arab%20women%20and%20Ultra-Othodox%20Jewish%20men.%3Cbr%3E4.%20A%20lack%20of%20basic%20knowledge%20required%20for%20integration%20into%20the%20labour%20force%2C%20due%20to%20the%20lack%20of%20core%20curriculum%20studies%20in%20schools%20for%20Ultra-Othodox%20Jews.%3Cbr%3E5.%20A%20need%20to%20upgrade%20and%20expand%20physical%20infrastructure%2C%20particularly%20mass%20transit%20infrastructure.%3Cbr%3E6.%20The%20poverty%20rate%20at%20more%20than%20double%20the%20OECD%20average.%3Cbr%3E7.%20Population%20growth%20of%20about%202%20per%20cent%20per%20year%2C%20compared%20to%200.6%20per%20cent%20OECD%20average%20posing%20challenge%20for%20fiscal%20policy%20and%20underpinning%20pressure%20on%20education%2C%20health%20care%2C%20welfare%20housing%20and%20physical%20infrastructure%2C%20which%20will%20increase%20in%20the%20coming%20years.%3C%2Fp%3E%0A
Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

Diriyah%20project%20at%20a%20glance
%3Cp%3E-%20Diriyah%E2%80%99s%201.9km%20King%20Salman%20Boulevard%2C%20a%20Parisian%20Champs-Elysees-inspired%20avenue%2C%20is%20scheduled%20for%20completion%20in%202028%3Cbr%3E-%20The%20Royal%20Diriyah%20Opera%20House%20is%20expected%20to%20be%20completed%20in%20four%20years%3Cbr%3E-%20Diriyah%E2%80%99s%20first%20of%2042%20hotels%2C%20the%20Bab%20Samhan%20hotel%2C%20will%20open%20in%20the%20first%20quarter%20of%202024%3Cbr%3E-%20On%20completion%20in%202030%2C%20the%20Diriyah%20project%20is%20forecast%20to%20accommodate%20more%20than%20100%2C000%20people%3Cbr%3E-%20The%20%2463.2%20billion%20Diriyah%20project%20will%20contribute%20%247.2%20billion%20to%20the%20kingdom%E2%80%99s%20GDP%3Cbr%3E-%20It%20will%20create%20more%20than%20178%2C000%20jobs%20and%20aims%20to%20attract%20more%20than%2050%20million%20visits%20a%20year%3Cbr%3E-%20About%202%2C000%20people%20work%20for%20the%20Diriyah%20Company%2C%20with%20more%20than%2086%20per%20cent%20being%20Saudi%20citizens%3Cbr%3E%3C%2Fp%3E%0A
Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

THE%20SPECS
%3Cp%3EBattery%3A%2060kW%20lithium-ion%20phosphate%3Cbr%3EPower%3A%20Up%20to%20201bhp%3Cbr%3E0%20to%20100kph%3A%207.3%20seconds%3Cbr%3ERange%3A%20418km%3Cbr%3EPrice%3A%20From%20Dh149%2C900%3Cbr%3EAvailable%3A%20Now%3C%2Fp%3E%0A
SPECS
%3Cp%3EEngine%3A%20Supercharged%203.5-litre%20V6%0D%3Cbr%3EPower%3A%20400hp%0D%3Cbr%3ETorque%3A%20430Nm%0D%3Cbr%3EOn%20sale%3A%20Now%0D%3Cbr%3EPrice%3A%20From%20Dh450%2C000%0D%3Cbr%3E%3C%2Fp%3E%0A
Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

if you go

The flights

Flydubai flies to Podgorica or nearby Tivat via Sarajevo from Dh2,155 return including taxes. Turkish Airlines flies from Abu Dhabi and Dubai to Podgorica via Istanbul; alternatively, fly with Flydubai from Dubai to Belgrade and take a short flight with Montenegro Air to Podgorica. Etihad flies from Abu Dhabi to Podgorica via Belgrade. Flights cost from about Dh3,000 return including taxes. There are buses from Podgorica to Plav. 

The tour

While you can apply for a permit for the route yourself, it’s best to travel with an agency that will arrange it for you. These include Zbulo in Albania (www.zbulo.org) or Zalaz in Montenegro (www.zalaz.me).

 

Jawan
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EAtlee%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Shah%20Rukh%20Khan%2C%20Nayanthara%2C%20Vijay%20Sethupathi%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E4%2F5%3C%2Fp%3E%0A
Results

2.15pm: Maiden (PA) Dh40,000 1,200m

Winner: Maqam, Fabrice Veron (jockey), Eric Lemartinel (trainer).

2.45pm: Maiden (PA) Dh40,000 1,200m

Winner: Mamia Al Reef, Szczepan Mazur, Ibrahim Al Hadhrami.

3.15pm: Handicap (PA) Dh40,000 2,000m

Winner: Jaahiz, Fabrice Veron, Eric Lemartinel.

3.45pm: Handicap (PA) Dh40,000 1,000m

Winner: Qanoon, Szczepan Mazur, Irfan Ellahi.

4.15pm: Sheikh Hamdan bin Rashid Cup Handicap (TB) Dh200,000 1,700m.

Winner: Philosopher, Tadhg O’Shea, Salem bin Ghadayer.

54.45pm: Handicap (PA) Dh40,000 1,700m

Winner: Jap Al Yassoob, Fernando Jara, Irfan Ellahi.

The biog

Favourite book: Men are from Mars Women are from Venus

Favourite travel destination: Ooty, a hill station in South India

Hobbies: Cooking. Biryani, pepper crab are her signature dishes

Favourite place in UAE: Marjan Island

Specs%3A%202024%20McLaren%20Artura%20Spider
%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%203.0-litre%20twin-turbo%20V6%20and%20electric%20motor%3Cbr%3E%3Cstrong%3EMax%20power%3A%3C%2Fstrong%3E%20700hp%20at%207%2C500rpm%3Cbr%3E%3Cstrong%3EMax%20torque%3A%3C%2Fstrong%3E%20720Nm%20at%202%2C250rpm%3Cbr%3E%3Cstrong%3ETransmission%3A%3C%2Fstrong%3E%20Eight-speed%20dual-clutch%20auto%3Cbr%3E%3Cstrong%3E0-100km%2Fh%3A%3C%2Fstrong%3E%203.0sec%3Cbr%3E%3Cstrong%3ETop%20speed%3A%20%3C%2Fstrong%3E330kph%3Cbr%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20From%20Dh1.14%20million%20(%24311%2C000)%3Cbr%3E%3Cstrong%3EOn%20sale%3A%3C%2Fstrong%3E%20Now%3C%2Fp%3E%0A

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

The specs

Engine: 2.9-litre, V6 twin-turbo

Transmission: seven-speed PDK dual clutch automatic

Power: 375bhp

Torque: 520Nm

Price: Dh332,800

On sale: now

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

German intelligence warnings
  • 2002: "Hezbollah supporters feared becoming a target of security services because of the effects of [9/11] ... discussions on Hezbollah policy moved from mosques into smaller circles in private homes." Supporters in Germany: 800
  • 2013: "Financial and logistical support from Germany for Hezbollah in Lebanon supports the armed struggle against Israel ... Hezbollah supporters in Germany hold back from actions that would gain publicity." Supporters in Germany: 950
  • 2023: "It must be reckoned with that Hezbollah will continue to plan terrorist actions outside the Middle East against Israel or Israeli interests." Supporters in Germany: 1,250 

Source: Federal Office for the Protection of the Constitution

Haircare resolutions 2021

From Beirut and Amman to London and now Dubai, hairstylist George Massoud has seen the same mistakes made by customers all over the world. In the chair or at-home hair care, here are the resolutions he wishes his customers would make for the year ahead.

1. 'I will seek consultation from professionals'

You may know what you want, but are you sure it’s going to suit you? Haircare professionals can tell you what will work best with your skin tone, hair texture and lifestyle.

2. 'I will tell my hairdresser when I’m not happy'

Massoud says it’s better to offer constructive criticism to work on in the future. Your hairdresser will learn, and you may discover how to communicate exactly what you want more effectively the next time.

3. ‘I will treat my hair better out of the chair’

Damage control is a big part of most hairstylists’ work right now, but it can be avoided. Steer clear of over-colouring at home, try and pursue one hair brand at a time and never, ever use a straightener on still drying hair, pleads Massoud.

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Who has lived at The Bishops Avenue?
  • George Sainsbury of the supermarket dynasty, sugar magnate William Park Lyle and actress Dame Gracie Fields were residents in the 1930s when the street was only known as ‘Millionaires’ Row’.
  • Then came the international super rich, including the last king of Greece, Constantine II, the Sultan of Brunei and Indian steel magnate Lakshmi Mittal who was at one point ranked the third richest person in the world.
  • Turkish tycoon Halis Torprak sold his mansion for £50m in 2008 after spending just two days there. The House of Saud sold 10 properties on the road in 2013 for almost £80m.
  • Other residents have included Iraqi businessman Nemir Kirdar, singer Ariana Grande, holiday camp impresario Sir Billy Butlin, businessman Asil Nadir, Paul McCartney’s former wife Heather Mills. 
Hunting park to luxury living
  • Land was originally the Bishop of London's hunting park, hence the name
  • The road was laid out in the mid 19th Century, meandering through woodland and farmland
  • Its earliest houses at the turn of the 20th Century were substantial detached properties with extensive grounds

 

Profile

Name: Carzaty

Founders: Marwan Chaar and Hassan Jaffar

Launched: 2017

Employees: 22

Based: Dubai and Muscat

Sector: Automobile retail

Funding to date: $5.5 million

Dust and sand storms compared

Sand storm

  • Particle size: Larger, heavier sand grains
  • Visibility: Often dramatic with thick "walls" of sand
  • Duration: Short-lived, typically localised
  • Travel distance: Limited 
  • Source: Open desert areas with strong winds

Dust storm

  • Particle size: Much finer, lightweight particles
  • Visibility: Hazy skies but less intense
  • Duration: Can linger for days
  • Travel distance: Long-range, up to thousands of kilometres
  • Source: Can be carried from distant regions
Why your domicile status is important

Your UK residence status is assessed using the statutory residence test. While your residence status – ie where you live - is assessed every year, your domicile status is assessed over your lifetime.

Your domicile of origin generally comes from your parents and if your parents were not married, then it is decided by your father. Your domicile is generally the country your father considered his permanent home when you were born. 

UK residents who have their permanent home ("domicile") outside the UK may not have to pay UK tax on foreign income. For example, they do not pay tax on foreign income or gains if they are less than £2,000 in the tax year and do not transfer that gain to a UK bank account.

A UK-domiciled person, however, is liable for UK tax on their worldwide income and gains when they are resident in the UK.

How to apply for a drone permit
  • Individuals must register on UAE Drone app or website using their UAE Pass
  • Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
  • Upload the training certificate from a centre accredited by the GCAA
  • Submit their request
What are the regulations?
  • Fly it within visual line of sight
  • Never over populated areas
  • Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
  • Users must avoid flying over restricted areas listed on the UAE Drone app
  • Only fly the drone during the day, and never at night
  • Should have a live feed of the drone flight
  • Drones must weigh 5 kg or less
The Details

Article 15
Produced by: Carnival Cinemas, Zee Studios
Directed by: Anubhav Sinha
Starring: Ayushmann Khurrana, Kumud Mishra, Manoj Pahwa, Sayani Gupta, Zeeshan Ayyub
Our rating: 4/5