• Horses being repaired at the rocking horse hospital at Stevenson Brothers rocking horse makers in the village of Bethersden, near Ashford, United Kingdom. Stephen Lock for the National
    Horses being repaired at the rocking horse hospital at Stevenson Brothers rocking horse makers in the village of Bethersden, near Ashford, United Kingdom. Stephen Lock for the National
  • Stevenson Brothers rocking horse makers in the village of Bethersden, near Ashford, United Kingdom, Stephen Lock for the National
    Stevenson Brothers rocking horse makers in the village of Bethersden, near Ashford, United Kingdom, Stephen Lock for the National
  • Horses at the rocking horse hospital at Stevenson Brothers rocking horse makers in the village of Bethersden, near Ashford, United Kingdom. Stephen Lock for the National
    Horses at the rocking horse hospital at Stevenson Brothers rocking horse makers in the village of Bethersden, near Ashford, United Kingdom. Stephen Lock for the National
  • Marc Stevenson, Co- owner of Stevenson Brothers rocking horse makers with Humphrey the rocking-camel outside their workshop in the village of Bethersden, near Ashford, United Kingdom, Stephen Lock for the National
    Marc Stevenson, Co- owner of Stevenson Brothers rocking horse makers with Humphrey the rocking-camel outside their workshop in the village of Bethersden, near Ashford, United Kingdom, Stephen Lock for the National
  • Marc Stevenson, Co- owner of Stevenson Brothers rocking horse makers with Humphrey the rocking-camel outside their workshop in the village of Bethersden, near Ashford, United Kingdom. Stephen Lock for the National
    Marc Stevenson, Co- owner of Stevenson Brothers rocking horse makers with Humphrey the rocking-camel outside their workshop in the village of Bethersden, near Ashford, United Kingdom. Stephen Lock for the National
  • Rocking-horse artist Matthew Clift adds the final touches to a black arab rocking horse at the Stevenson Brothers rocking horse makers workshop in the village of Bethersden, near Ashford, United Kingdom. Stephen Lock for the National
    Rocking-horse artist Matthew Clift adds the final touches to a black arab rocking horse at the Stevenson Brothers rocking horse makers workshop in the village of Bethersden, near Ashford, United Kingdom. Stephen Lock for the National
  • Marc Stevenson, co-owner of Stevenson Brothers rocking horse makers, inside their showroom in the village of Bethersden, near Ashford, United Kingdom. Stephen Lock for the National
    Marc Stevenson, co-owner of Stevenson Brothers rocking horse makers, inside their showroom in the village of Bethersden, near Ashford, United Kingdom. Stephen Lock for the National
  • Rocking horses wait to be finished at Stevenson Brothers rocking horse makers in the village of Bethersden, near Ashford, United Kingdom. Stephen Lock for the National
    Rocking horses wait to be finished at Stevenson Brothers rocking horse makers in the village of Bethersden, near Ashford, United Kingdom. Stephen Lock for the National

How Sheikh Mohammed inspired two English brothers to sell camels to the Middle East


Claire Corkery
  • English
  • Arabic

British twins Marc and Tony Stevenson have been making bespoke rocking ­horses from their workshop in the rural village of Bethersden, Kent, for almost 40 years. After watching their uncle, shipwright James Bosworthwick, make horses for years in his spare time, the brothers asked him repeatedly to teach them the craft.

"We watched him make them, but we never actually got one ourselves," Marc Stevenson tells The National. "He said: 'Don't be so silly, no one wants rocking horses now. And you two probably couldn't do it'.

So that was like waving a red rag to a bull.”

The brothers agreed to pay their uncle £1,000 (Dh4,791) to teach them how to make the rocking horses, and the pair more than rose to the challenge.

Catering to a different audience

After opening their business, Stevenson Brothers, on October 20, 1982, Marc and Tony now sell rocking horses to children and adults across the globe. The horses, which take between three and four months to make, are handcrafted to order by the brothers and their team.

With prices starting at £1,000 for a miniature horse replica, the team make horses of up to about 1.5 metres tall using oak – meaning even a portly adult can enjoy a ride without fear of damaging the horse. The larger sized toys begin at £4,000.

While, to begin with, the brothers created horses predominantly for children, they now cater mainly for the grown-up market. "It's adults that didn't get one when they were three and four years old," Marc says. "And often we're asked to copy people's real horses, which is what we love doing. We'll use some of the animal's hair."

In her office, saddler Claire Smith is carefully constructing a leather tack based on pictures of a black horse. In another room, artist Matthew Clift has finished painting the final details on a dapple grey, using a photograph of a customer's beloved companion. Clift has even recreated the intricate markings on the horse's rear left leg. One replica standing in the workshop was modelled after Valegro – the gelding ridden by British dressage rider Charlotte Dujardin in the 2012 and 2016 Olympic Games.

Connection to royalty 

Among the brothers’ horse-loving clients are members of royal families from across Europe and the Middle East. “We’re very lucky to have been commissioned by many royal families over the world and at home here in the UK,” Marc says.

Britain's Queen Elizabeth II is a loyal customer, having purchased six horses from the twins. A photograph from 1932 that shows the Queen aged six with her sister Princess Margaret on a rocking horse, hangs proudly at the top of the stairs in their workshop. "That's been there forever," Marc says. "It inspired us to start working with the Queen."

Pictures of royal family members adorn the walls of the craftsmen's palace. Sarah Ferguson, the former wife of Prince Andrew, had all of her photographs from her 40th birthday taken with a horse created by Stevenson Brothers. Downstairs in the showroom, there is a photograph of the Queen receiving a traditional dapple grey, complete with a saddle cloth in her racing colours, from Marc, in honour of her Golden Jubilee in 2002.

Inspired by Dubai's racing camels

But it was Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, who planted the seed for Marc and Tony's new pride and joy – Humphrey, the rocking camel. The Dubai royal family – many of whom are keen equestrians – have long been customers of Stevenson Brothers. Sheikh Mohammed's wife, Princess Haya, was given a rocking horse by her father, the late King Hussein of Jordan.

"Princess Haya has since bought horses from us at Windsor," Marc says. "We're going third generation into that family, which is really nice, a real accolade."

The idea was there from many years ago. And finally, we've produced Humphrey, our first rocking camel, which is just delightful.

Marc and Tony met Sheikh Mohammed in Dubai, while the brothers attended an exhibition about Britain's history in the Gulf. "We were asked by Sheikh Mohammed to go to the racetrack one night, where we saw horse racing and camel racing. I'd never seen camels race before and it was so exciting," Marc explains. "I said to Tony: 'We've got to make a rocking camel'.

"The idea was there from many years ago. And finally, we've produced Humphrey, our first rocking camel, which is just delightful."

The brothers have previously dabbled in creating rocking tigers and rocking zebras. One of the zebras, which is covered in 82,000 Swarovski crystals, is currently on sale at Harrods in London for £130,000.

But Humphrey is the only camel the brothers have made so far. Marc created the replica for himself, but he hopes it will pique the interest of his buyers in the Arab world. "We're very excited by the launch of dear Humphrey," Marc says. "I'm an Englishman selling camels to the Middle East."

About Karol Nawrocki

• Supports military aid for Ukraine, unlike other eurosceptic leaders, but he will oppose its membership in western alliances.

• A nationalist, his campaign slogan was Poland First. "Let's help others, but let's take care of our own citizens first," he said on social media in April.

• Cultivates tough-guy image, posting videos of himself at shooting ranges and in boxing rings.

• Met Donald Trump at the White House and received his backing.

Who was Alfred Nobel?

The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.

  • In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
  • Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
  • Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
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

2020 Oscars winners: in numbers
  • Parasite – 4
  • 1917– 3
  • Ford v Ferrari – 2
  • Joker – 2
  • Once Upon a Time ... in Hollywood – 2
  • American Factory – 1
  • Bombshell – 1
  • Hair Love – 1
  • Jojo Rabbit – 1
  • Judy – 1
  • Little Women – 1
  • Learning to Skateboard in a Warzone (If You're a Girl) – 1
  • Marriage Story – 1
  • Rocketman – 1
  • The Neighbors' Window – 1
  • Toy Story 4 – 1
The biog

Alwyn Stephen says much of his success is a result of taking an educated chance on business decisions.

His advice to anyone starting out in business is to have no fear as life is about taking on challenges.

“If you have the ambition and dream of something, follow that dream, be positive, determined and set goals.

"Nothing and no-one can stop you from succeeding with the right work application, and a little bit of luck along the way.”

Mr Stephen sells his luxury fragrances at selected perfumeries around the UAE, including the House of Niche Boutique in Al Seef.

He relaxes by spending time with his family at home, and enjoying his wife’s India cooking. 

FFP EXPLAINED

What is Financial Fair Play?
Introduced in 2011 by Uefa, European football’s governing body, it demands that clubs live within their means. Chiefly, spend within their income and not make substantial losses.

What the rules dictate? 
The second phase of its implementation limits losses to €30 million (Dh136m) over three seasons. Extra expenditure is permitted for investment in sustainable areas (youth academies, stadium development, etc). Money provided by owners is not viewed as income. Revenue from “related parties” to those owners is assessed by Uefa's “financial control body” to be sure it is a fair value, or in line with market prices.

What are the penalties? 
There are a number of punishments, including fines, a loss of prize money or having to reduce squad size for European competition – as happened to PSG in 2014. There is even the threat of a competition ban, which could in theory lead to PSG’s suspension from the Uefa Champions League.

Ain Dubai in numbers

126: The length in metres of the legs supporting the structure

1 football pitch: The length of each permanent spoke is longer than a professional soccer pitch

16 A380 Airbuses: The equivalent weight of the wheel rim.

9,000 tonnes: The amount of steel used to construct the project.

5 tonnes: The weight of each permanent spoke that is holding the wheel rim in place

192: The amount of cable wires used to create the wheel. They measure a distance of 2,4000km in total, the equivalent of the distance between Dubai and Cairo.

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3EQureos%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EUAE%0D%3Cbr%3E%3Cstrong%3ELaunch%20year%3A%20%3C%2Fstrong%3E2021%0D%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%20%3C%2Fstrong%3E33%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3ESoftware%20and%20technology%0D%3Cbr%3E%3Cstrong%3EFunding%3A%20%3C%2Fstrong%3E%243%20million%0D%3Cbr%3E%3C%2Fp%3E%0A
The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

Tamkeen's offering
  • Option 1: 70% in year 1, 50% in year 2, 30% in year 3
  • Option 2: 50% across three years
  • Option 3: 30% across five years 
Terminal High Altitude Area Defense (THAAD)

What is THAAD?

It is considered to be the US' most superior missile defence system.

Production:

It was first created in 2008.

Speed:

THAAD missiles can travel at over Mach 8, so fast that it is hypersonic.

Abilities:

THAAD is designed to take out projectiles, namely ballistic missiles, as they are on their downward trajectory towards their target, otherwise known as the "terminal phase".

Purpose:

To protect high-value strategic sites, such as airfields or population centres.

Range:

THAAD can target projectiles both inside and outside of the Earth's atmosphere, at an altitude of 93 miles above the Earth's surface.

Creators:

Lockheed Martin was originally granted the contract to develop the system in 1992. Defence company Raytheon sub-contracts to develop other major parts of the system, such as ground-based radar.

UAE and THAAD:

In 2011, the UAE became the first country outside of the US to buy two THAAD missile defence systems. It then deployed them in 2016, becoming the first Gulf country to do so.

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3ESupy%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2021%0D%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3EDani%20El-Zein%2C%20Yazeed%20bin%20Busayyis%2C%20Ibrahim%20Bou%20Ncoula%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDubai%0D%3Cbr%3E%3Cstrong%3EIndustry%3A%20%3C%2Fstrong%3EFood%20and%20beverage%2C%20tech%2C%20hospitality%20software%2C%20Saas%0D%3Cbr%3E%3Cstrong%3EFunding%20size%3A%20%3C%2Fstrong%3EBootstrapped%20for%20six%20months%3B%20pre-seed%20round%20of%20%241.5%20million%3B%20seed%20round%20of%20%248%20million%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EBeco%20Capital%2C%20Cotu%20Ventures%2C%20Valia%20Ventures%20and%20Global%20Ventures%3C%2Fp%3E%0A
UAE v Gibraltar

What: International friendly

When: 7pm kick off

Where: Rugby Park, Dubai Sports City

Admission: Free

Online: The match will be broadcast live on Dubai Exiles’ Facebook page

UAE squad: Lucas Waddington (Dubai Exiles), Gio Fourie (Exiles), Craig Nutt (Abu Dhabi Harlequins), Phil Brady (Harlequins), Daniel Perry (Dubai Hurricanes), Esekaia Dranibota (Harlequins), Matt Mills (Exiles), Jaen Botes (Exiles), Kristian Stinson (Exiles), Murray Reason (Abu Dhabi Saracens), Dave Knight (Hurricanes), Ross Samson (Jebel Ali Dragons), DuRandt Gerber (Exiles), Saki Naisau (Dragons), Andrew Powell (Hurricanes), Emosi Vacanau (Harlequins), Niko Volavola (Dragons), Matt Richards (Dragons), Luke Stevenson (Harlequins), Josh Ives (Dubai Sports City Eagles), Sean Stevens (Saracens), Thinus Steyn (Exiles)

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 

Fire and Fury
By Michael Wolff,
Henry Holt

The specs

Engine: 3.0-litre flat-six twin-turbocharged

Transmission: eight-speed PDK automatic

Power: 445bhp

Torque: 530Nm

Price: Dh474,600

On Sale: Now

COMPANY PROFILE
Name: Akeed

Based: Muscat

Launch year: 2018

Number of employees: 40

Sector: Online food delivery

Funding: Raised $3.2m since inception 

Company Profile

Name: JustClean

Based: Kuwait with offices in other GCC countries

Launch year: 2016

Number of employees: 130

Sector: online laundry service

Funding: $12.9m from Kuwait-based Faith Capital Holding

The Good Liar

Starring: Helen Mirren, Ian McKellen

Directed by: Bill Condon

Three out of five stars