• The cast of 'Succession' backstage with their Outstanding Performance by an Ensemble in a Drama Series trophies at the 28th Screen Actors Guild Awards, in Santa Monica, California. Reuters
    The cast of 'Succession' backstage with their Outstanding Performance by an Ensemble in a Drama Series trophies at the 28th Screen Actors Guild Awards, in Santa Monica, California. Reuters
  • Brian Cox with his award for Outstanding Performance by an Ensemble in a Drama Series for 'Succession'. AFP
    Brian Cox with his award for Outstanding Performance by an Ensemble in a Drama Series for 'Succession'. AFP
  • Kieran Culkin with his award for Outstanding Performance by an Ensemble in a Drama Series for 'Succession'. AFP
    Kieran Culkin with his award for Outstanding Performance by an Ensemble in a Drama Series for 'Succession'. AFP
  • Jung Ho-yeon receives the award for Outstanding Performance by a Female Actor in a Drama Series for 'Squid Game'. Reuters
    Jung Ho-yeon receives the award for Outstanding Performance by a Female Actor in a Drama Series for 'Squid Game'. Reuters
  • Lee Jung-Jae receives the award for Outstanding Performance by a Male Actor in a Drama Series for 'Squid Game'. Reuters
    Lee Jung-Jae receives the award for Outstanding Performance by a Male Actor in a Drama Series for 'Squid Game'. Reuters
  • 'Squid Game' stars Lee Jung-Jae, left, and Jung Ho-yeon. AP
    'Squid Game' stars Lee Jung-Jae, left, and Jung Ho-yeon. AP
  • Troy Kotsur receives the award for Outstanding Performance by a Male Actor in a Supporting Role for 'Coda'. Reuters
    Troy Kotsur receives the award for Outstanding Performance by a Male Actor in a Supporting Role for 'Coda'. Reuters
  • 'Coda' director Sian Heder and cast members Troy Kotsur, Daniel Durant, Emilia Jones, Marlee Matlin and Eugenio Derbez backstage after winning Outstanding Performance by a Cast in a Motion Picture. Reuters
    'Coda' director Sian Heder and cast members Troy Kotsur, Daniel Durant, Emilia Jones, Marlee Matlin and Eugenio Derbez backstage after winning Outstanding Performance by a Cast in a Motion Picture. Reuters
  • Jason Sudeikis appears on screen to accept the award for Outstanding Performance by a Male Actor in a Comedy Series for 'Ted Lasso'. AP
    Jason Sudeikis appears on screen to accept the award for Outstanding Performance by a Male Actor in a Comedy Series for 'Ted Lasso'. AP
  • Michael Keaton receives the award for Outstanding Performance by a Male Actor in a Television Movie or Limited Series for 'Dopesick'. Reuters
    Michael Keaton receives the award for Outstanding Performance by a Male Actor in a Television Movie or Limited Series for 'Dopesick'. Reuters
  • Jessica Chastain receives the award for Outstanding Performance by a Female Actor in a Leading Role for 'The Eyes of Tammy Faye'. Reuters
    Jessica Chastain receives the award for Outstanding Performance by a Female Actor in a Leading Role for 'The Eyes of Tammy Faye'. Reuters
  • Jean Smart backstage with her award for Outstanding Performance by a Female Actor in a Comedy Series for 'Hacks'. Reuters
    Jean Smart backstage with her award for Outstanding Performance by a Female Actor in a Comedy Series for 'Hacks'. Reuters
  • Will Smith receives the award for Outstanding Performance by a Male Actor in a Leading Role for 'King Richard'. Reuters
    Will Smith receives the award for Outstanding Performance by a Male Actor in a Leading Role for 'King Richard'. Reuters
  • Ariana DeBose receives the award for Outstanding Performance by a Female Actor in a Supporting Role for 'West Side Story'. Reuters
    Ariana DeBose receives the award for Outstanding Performance by a Female Actor in a Supporting Role for 'West Side Story'. Reuters
  • Helen Mirren receives the Lifetime Achievement Award. Reuters
    Helen Mirren receives the Lifetime Achievement Award. Reuters
  • Kate Winslet speaks onscreen during the 28th Sag Awards. AFP
    Kate Winslet speaks onscreen during the 28th Sag Awards. AFP

Sag Awards 2022 winners list: 'Coda' and 'Squid Game' reign supreme


Sophie Prideaux
  • English
  • Arabic

The deaf family drama Coda took top honours at an unpredictable 28th Screen Actors Guild Awards that also included wins for the leads of Squid Game, the cast of Ted Lasso and actor Will Smith.

The ceremony, held on Sunday at the Barker Hangar in Santa Monica, California, and broadcast on TNT and TBS, was notably border-breaking, with historic wins for deaf actors, South Korean stars and some of Hollywood’s biggest names. It culminated with Coda, Sian Heder’s heart-warming Apple TV+ coming-of-age film and Sundance Film Festival sensation, winning best ensemble.

“This validates the fact that we, deaf actors, can work just like anybody else. We look forward to more opportunities for deaf actors,” said Marlee Matlin on stage before teaching the crowd sign language for “I love you”.

Matlin is the only deaf actor to win an Oscar, but her Coda co-star, Troy Kotsur, may be in line to join her. Kotsur won best supporting actor on Sunday, becoming the first deaf actor to win an individual Sag award. When his name was read, Kotsur, 53, plunged his head into his hands. On stage, he thanked his wife for “reminding me to check my fly before walking the red carpet”.

Netflix’s Squid Game, the first non-English-language series nominated by the Screen Actors Guild, came on strong with three awards, including Lee Jung-jae for best male actor in a drama series and Jung Ho-yeon for best female actor in a drama series. Those wins came over the likes of Succession stars Brian Cox and Jeremy Strong, and Reese Witherspoon and Jennifer Aniston of The Morning Show.

Actors Lee Jung-jae and Jung Ho-yeon backstage with their awards for Outstanding Performance by a Male Actor and Female Actor in a Drama Series at the 28th Screen Actors Guild Awards. Reuters
Actors Lee Jung-jae and Jung Ho-yeon backstage with their awards for Outstanding Performance by a Male Actor and Female Actor in a Drama Series at the 28th Screen Actors Guild Awards. Reuters

“I have sat many a times watching you on the big screen dreaming of one day becoming an actor,” Jung told the crowd, fighting back tears.

Still, HBO’s Succession ultimately reigned in the best drama series category. Cox discussed the situation in Ukraine on stage. “The people in Russia who don’t like what’s going on — and particularly the artists — I think we should join and celebrate them and hope that they can make a shift, as I believe they can,” said Cox, while the audience stood and applauded.

The Sag Awards are considered one of the most reliable predictors of the Academy Awards. Actors make up the largest percentage of the Academy of Motion Picture Arts and Sciences, and their picks often align. In 2020, when the cast of Parasite and Brad Pitt won, they matched exactly.

Though the actors guild and the academy diverged last year when Aaron Sorkin’s 1960s courtroom drama Trial of the Chicago 7 topped the Sag Awards and Nomadland triumphed at the Oscars, the win for Coda suggests it’s a major threat to win best picture over Kenneth Branagh’s Belfast (which didn't win any awards on Sunday) and Jane Campion’s leading Oscar nominee The Power of the Dog (which failed to get an ensemble nod even though three of its actors were individually nominated).

Sag’s track record may also mean Will Smith, star of the Williams family tennis drama King Richard, is heading for his first Oscar. Smith took best actor, scoring his first Sag Award.

Will Smith, won the award for Outstanding Performance by a Male Actor in a Leading Role for 'King Richard' at the Screen Actors Guild Awards. AP
Will Smith, won the award for Outstanding Performance by a Male Actor in a Leading Role for 'King Richard' at the Screen Actors Guild Awards. AP

“That may have been one of the greatest moments of my career just now because my name was called for King Richard sitting next to Venus Williams,” beamed Smith.

Best actress has been a more difficult category to track. Many have seen Olivia Colman (The Lost Daughter) as the favourite to win her second Oscar. In an especially competitive category, those snubbed have often drawn the most focus. Kristen Stewart of Spencer was passed over, while Lady Gaga (House of Gucci) missed with the film academy.

Yet it was Jessica Chastain, who plays the infamous televangelist in The Eyes of Tammy Faye, who won on Sunday, notching her first individual Sag Award.

Full list of Sag Awards winners below:

FILM

Outstanding Performance by a Cast in a Motion Picture

Belfast

Coda - winner

Don’t Look Up

House of Gucci

King Richard

Outstanding Performance by a Male Actor in a Leading Role

Javier Bardem, Being the Ricardos

Benedict Cumberbatch, The Power of the Dog

Andrew Garfield, Tick, Tick... Boom!

Winner: Will Smith, King Richard

Denzel Washington, The Tragedy of Macbeth

Outstanding Performance by a Female Actor in a Leading Role

Winner: Jessica Chastain, The Eyes of Tammy Faye

Olivia Colman, The Lost Daughter

Lady Gaga, House of Gucci

Jennifer Hudson, Respect

Nicole Kidman, Being the Ricardos

Outstanding Performance by a Male Actor in a Supporting Role

Ben Affleck, The Tender Bar

Bradley Cooper, Licorice Pizza

Winner: Troy Kotsur, Coda

Jared Leto, House of Gucci

Kodi Smit-McPhee, The Power of the Dog

Outstanding Performance by a Female Actor in a Supporting Role

Caitriona Balfe, Belfast

Cate Blanchett, Nightmare Alley

Winner: Ariana DeBose, West Side Story

Kirsten Dunst, The Power of the Dog

Ruth Negga, Passing

Outstanding Performance by a Stunt Ensemble in a Motion Picture

Black Widow

Dune

The Matrix Resurrections

Winner: No Time to Die

Shang-Chi and the Legend of the Ten Rings

TELEVISION

Outstanding Performance by an Ensemble in a Drama Series

The Morning Show

Winner: Succession

Squid Game

Yellowjackets

The Handmaid’s Tale

Outstanding Performance by an Ensemble in a Comedy Series

The Great

Hacks

The Kominsky Method

Only Murders in the Building

Winner: Ted Lasso

Outstanding Performance by a Male Actor in a Drama Series

Brian Cox, Succession

Billy Crudup, The Morning Show

Winner: Lee Jung-jae, Squid Game

Jeremy Strong, Succession

Kieran Culkin, Succession

Outstanding Performance by a Male Actor in a Comedy Series

Michael Douglas, The Kominsky Method

Brett Goldstein, Ted Lasso

Steve Martin, Only Murders in the Building

Martin Short, Only Murders in the Building

Winner: Jason Sudeikis, Ted Lasso

Outstanding Performance by a Male Actor in a Television Movie or Limited Series

Murray Bartlett, The White Lotus

Oscar Isaac, Scenes From a Marriage

Winner: Michael Keaton, Dopesick

Ewan McGregor, Halston

Evan Peters, Mare of Easttown

Outstanding Performance by a Female Actor in a Drama Series

Jennifer Aniston, The Morning Show

Winner: Jung Ho-yeon, Squid Game

Elisabeth Moss, The Handmaid's Tale

Sarah Snook, Succession

Reese Witherspoon, The Morning Show

Outstanding Performance by a Female Actor in a Comedy Series

Elle Fanning, The Great

Sandra Oh, The Chair

Winner: Jean Smart, Hacks

Juno Temple, Ted Lasso

Hannah Waddingham, Ted Lasso

Outstanding Performance by a Female Actor in a Television Movie or Limited Series

Jennifer Coolidge, The White Lotus

Cynthia Erivo, Genius: Aretha

Jean Smart, Mare of Easttown

Winner: Kate Winslet, Mare of Easttown

Margaret Qualley, Maid

Outstanding Action Performance by a Stunt Ensemble in a Comedy or Drama

Cobra Kai

The Falcon and the Winter Soldier

Loki

Mare of Easttown

Winner: Squid Game

- Additional reporting by AP

UAE currency: the story behind the money in your pockets
Company profile

Company: Eighty6 

Date started: October 2021 

Founders: Abdul Kader Saadi and Anwar Nusseibeh 

Based: Dubai, UAE 

Sector: Hospitality 

Size: 25 employees 

Funding stage: Pre-series A 

Investment: $1 million 

Investors: Seed funding, angel investors  

About Housecall

Date started: July 2020

Founders: Omar and Humaid Alzaabi

Based: Abu Dhabi

Sector: HealthTech

# of staff: 10

Funding to date: Self-funded

COMPANY PROFILE

Name: Lamsa

Founder: Badr Ward

Launched: 2014

Employees: 60

Based: Abu Dhabi

Sector: EdTech

Funding to date: $15 million

UAE central contracts

Full time contracts

Rohan Mustafa, Ahmed Raza, Mohammed Usman, Chirag Suri, Mohammed Boota, Sultan Ahmed, Zahoor Khan, Junaid Siddique, Waheed Ahmed, Zawar Farid

Part time contracts

Aryan Lakra, Ansh Tandon, Karthik Meiyappan, Rahul Bhatia, Alishan Sharafu, CP Rizwaan, Basil Hameed, Matiullah, Fahad Nawaz, Sanchit Sharma

The specs

Engine: 2.0-litre 4-cylinder turbo

Power: 240hp at 5,500rpm

Torque: 390Nm at 3,000rpm

Transmission: eight-speed auto

Price: from Dh122,745

On sale: now

Company%20profile
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20WonderTree%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%20April%202016%3Cbr%3E%3Cstrong%3ECo-founders%3A%3C%2Fstrong%3E%20Muhammad%20Waqas%20and%20Muhammad%20Usman%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Karachi%2C%20Pakistan%2C%20Abu%20Dhabi%2C%20UAE%2C%20and%20Delaware%2C%20US%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20Special%20education%2C%20education%20technology%2C%20assistive%20technology%2C%20augmented%20reality%3Cbr%3EN%3Cstrong%3Eumber%20of%20staff%3A%20%3C%2Fstrong%3E16%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3EGrowth%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Grants%20from%20the%20Lego%20Foundation%2C%20UAE's%20Anjal%20Z%2C%20Unicef%2C%20Pakistan's%20Ignite%20National%20Technology%20Fund%3C%2Fp%3E%0A
Who are the Sacklers?

The Sackler family is a transatlantic dynasty that owns Purdue Pharma, which manufactures and markets OxyContin, one of the drugs at the centre of America's opioids crisis. The family is well known for their generous philanthropy towards the world's top cultural institutions, including Guggenheim Museum, the National Portrait Gallery, Tate in Britain, Yale University and the Serpentine Gallery, to name a few. Two branches of the family control Purdue Pharma.

Isaac Sackler and Sophie Greenberg were Jewish immigrants who arrived in New York before the First World War. They had three sons. The first, Arthur, died before OxyContin was invented. The second, Mortimer, who died aged 93 in 2010, was a former chief executive of Purdue Pharma. The third, Raymond, died aged 97 in 2017 and was also a former chief executive of Purdue Pharma. 

It was Arthur, a psychiatrist and pharmaceutical marketeer, who started the family business dynasty. He and his brothers bought a small company called Purdue Frederick; among their first products were laxatives and prescription earwax remover.

Arthur's branch of the family has not been involved in Purdue for many years and his daughter, Elizabeth, has spoken out against it, saying the company's role in America's drugs crisis is "morally abhorrent".

The lawsuits that were brought by the attorneys general of New York and Massachussetts named eight Sacklers. This includes Kathe, Mortimer, Richard, Jonathan and Ilene Sackler Lefcourt, who are all the children of either Mortimer or Raymond. Then there's Theresa Sackler, who is Mortimer senior's widow; Beverly, Raymond's widow; and David Sackler, Raymond's grandson.

Members of the Sackler family are rarely seen in public.

The bio

Favourite vegetable: Broccoli

Favourite food: Seafood

Favourite thing to cook: Duck l'orange

Favourite book: Give and Take by Adam Grant, one of his professors at University of Pennsylvania

Favourite place to travel: Home in Kuwait.

Favourite place in the UAE: Al Qudra lakes

The Orwell Prize for Political Writing

Twelve books were longlisted for The Orwell Prize for Political Writing. The non-fiction works cover various themes from education, gender bias, and the environment to surveillance and political power. Some of the books that made it to the non-fiction longlist include: 

  • Appeasing Hitler: Chamberlain, Churchill and the Road to War by Tim Bouverie
  • Some Kids I Taught and What They Taught Me by Kate Clanchy
  • Invisible Women: Exposing Data Bias in a World Designed for Men by Caroline Criado Perez
  • Follow Me, Akhi: The Online World of British Muslims by Hussein Kesvani
  • Guest House for Young Widows: Among the Women of ISIS by Azadeh Moaveni
UAE currency: the story behind the money in your pockets
AI traffic lights to ease congestion at seven points to Sheikh Zayed bin Sultan Street

The seven points are:

Shakhbout bin Sultan Street

Dhafeer Street

Hadbat Al Ghubainah Street (outbound)

Salama bint Butti Street

Al Dhafra Street

Rabdan Street

Umm Yifina Street exit (inbound)

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

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.”

Our legal consultant

Name: Hassan Mohsen Elhais

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

What is dialysis?

Dialysis is a way of cleaning your blood when your kidneys fail and can no longer do the job.

It gets rid of your body's wastes, extra salt and water, and helps to control your blood pressure. The main cause of kidney failure is diabetes and hypertension.

There are two kinds of dialysis — haemodialysis and peritoneal.

In haemodialysis, blood is pumped out of your body to an artificial kidney machine that filter your blood and returns it to your body by tubes.

In peritoneal dialysis, the inside lining of your own belly acts as a natural filter. Wastes are taken out by means of a cleansing fluid which is washed in and out of your belly in cycles.

It isn’t an option for everyone but if eligible, can be done at home by the patient or caregiver. This, as opposed to home haemodialysis, is covered by insurance in the UAE.

HOW TO WATCH

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TikTok: @thenationalnews 

Illegal%20shipments%20intercepted%20in%20Gulf%20region
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THE SPECS

BMW X7 xDrive 50i

Engine: 4.4-litre V8

Transmission: Eight-speed Steptronic transmission

Power: 462hp

Torque: 650Nm

Price: Dh600,000

MATCH INFO

Uefa Champions League, Group B
Barcelona v Inter Milan
Camp Nou, Barcelona
Wednesday, 11pm (UAE)

Updated: February 28, 2022, 11:26 AM