One of this year’s most highly anticipated films was released across the UAE on Thursday – and people are loving it.
Barbie, starring Margot Robbie as the world’s most famous doll, and Ryan Gosling as Ken, has dominated the global box office and has already made history for director Greta Gerwig as the first female director to direct a billion-dollar movie.
Vox Cinema at Mall of the Emirates was filled with Barbie enthusiasts, dressed for the part in as much pink as possible, to catch the first screenings in the country.
And while the movie goers were lining up for sessions or leaving the theatre were of different backgrounds, all seemed excited by the promise and the aftermath of the first cinematic Barbie experience.
“The Barbie movie is bigger than Barbie, a lot bigger than barbie,” Annapurna Nair, a recent Dubai high school graduate, tells The National.
“The movie is about Barbie but you realise that it's not always about her. When I watched the trailer I underestimated the movie. I thought it would be a typical Barbie movie.
“But now, after seeing it, my views have completely changed. They put a lot of effort into changing stereotypes.”
Jhil Mehtar, another high school graduate, agrees and felt the film also reflected many young people’s rites of passage out of adolescence and into adulthood.
“The Barbie perspective, the Barbie world in the movie is basically how we think as kids,” Nair says.
“When Barbie goes to the real world, it’s the same as when we enter adulthood. We hear about the real world but we haven’t experienced it yet. It’s going to be like stepping out of the Barbie world.”
The film, which was also co-written by Gerwig, begins with Barbie, who appears to have a perfect life, until she experiences an existential crisis and questions the world around her. The story then follows her and Ken as they set off into the real world on an adventure as Barbie attempts to discover herself and her place in the world.
This theme of self-discovery struck a chord with many other young women who watched the film.
“This movie exactly what we needed right now,” Rhea R, a Dubai resident, says.
“Just seeing people speak their truth and the overall message was just beautiful. It’s everything we could wish for all in one movie. Even though we had to wait for so long, it was definitely worth it.”
Barbie was initially scheduled for a global release on July 20, but after the film was approved for screening by the UAE Media Council, the release date was changed to August 31 and then brought forward to August 10.
While Barbie explores ideas about being more than the label the world places on you, law students Kirti Bhardwaj and Devi Shukla point out that the film did a great job at using humour to highlight these points without preaching to audiences.
“I was actually really surprised by the story,” Bhardwaj says.
“The meaning behind the movie and the plot … it didn't feel like they were shoving it in your face but it still got the point across in a really fun way.”
Shukla agrees, saying: “It was silly, goofy, but it was also like it had a good meaning behind it.
“It was like playing with Barbies as kids. Everything felt very nostalgic and really good to watch and experience.”
The friends, who are studying in the UK, also agree that it was a happy surprise to see how the film depicted a diverse and fleshed-out set of characters who are, in essence, meant to be dolls.
“When they were doing the Barbie montage, you could see a Barbie with the hijab on and that was really good inclusivity,” Shukla adds.
“Not a lot of women in the Middle East feel represented [in mainstream culture] so it was cool to see more modest characters and people who are representing this region.”
The Muslim Barbie in the film that Shukla refers to is played by model and digital creator Aminah Ali. She is one of three Muslim women who were cast in the film, the others being model Khadeejah Khan and life coach and social media personality Fatumina Said Akbar.
Bhardwaj adds that Robbie was perfectly cast for the role as someone who fits the aesthetic ideas of Barbie “perfection” while also acting in a universally relatable way, reaffirming the many pressures and stereotypes women face.
“I was so happy during the movie that I cried. It was a full on blast because it encapsulated what being a woman feels like,” she says.
“Margot Robbie was so perfect for Barbie. She played up to the Barbie thing but also showed how we all have insecurities and all the subtleties of being a woman.”
Top tips
Create and maintain a strong bond between yourself and your child, through sensitivity, responsiveness, touch, talk and play. “The bond you have with your kids is the blueprint for the relationships they will have later on in life,” says Dr Sarah Rasmi, a psychologist.
Set a good example. Practise what you preach, so if you want to raise kind children, they need to see you being kind and hear you explaining to them what kindness is. So, “narrate your behaviour”.
Praise the positive rather than focusing on the negative. Catch them when they’re being good and acknowledge it.
Show empathy towards your child’s needs as well as your own. Take care of yourself so that you can be calm, loving and respectful, rather than angry and frustrated.
Be open to communication, goal-setting and problem-solving, says Dr Thoraiya Kanafani. “It is important to recognise that there is a fine line between positive parenting and becoming parents who overanalyse their children and provide more emotional context than what is in the child’s emotional development to understand.”
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
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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.”
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