Baz Luhrmann and Elvis Presley were always going to be a match made in showbiz heaven. The Australian director of Strictly Ballroom and Moulin Rouge! seems tailor-made to bring the life story of the king of rock’n’roll to the big screen.
Elvis
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Premiering out of competition at the Cannes Film Festival, Elvis is a dazzling, sometimes overwhelming, biopic that throws everything at the wall. Rising star Austin Butler must surely have blasted his way in contention in next year’s Oscar race with a titanic performance as Elvis, brimming with vim and vigour.
Narrating the film is Colonel Tom Parker (Tom Hanks), the mysterious impresario who became Elvis’s manager, craftily sending this boy from Memphis to stratospheric heights. While Luhrmann, who penned the script with Sam Bromell and Craig Pearce, takes a largely chronological approach — the film starts with an ageing Parker in a hospital bed in Las Vegas. “Without me, there would be no Elvis Presley,” he grouses, and there’s an immediate sense that the film’s narrator, a man who truly understands showmanship, is crafting his own biography here.
The film’s early stages are about Parker discovering Elvis, watching agog as his on-stage charisma and pelvic movements — the “wiggle”, as one of his bandmates quaintly puts it — sends girls wild. Touring alongside the more wholesome Hank Snow (David Wenham) and Jimmie Rodgers (Kodi Smit-McPhee), Elvis is soon outgrowing them. Parker shrewdly invites Elvis’s god-fearing family into the fold, making his father Vernon (Richard Roxburgh) the business manager, but without involving him in any real decisions.
According to Parker, he invents the idea of merchandise — Elvis’s name and image plastered on hats, T-shirts, cushions, you name it. He even manufactures "I Hate Elvis" pin-badges. The haters will always hate, he reasons, so better to profit from them than not. Then comes hostilities from the authorities, shocked by Elvis’s on-stage “lewd gyrations”, as Snow puts it. “Crimes of lust and perversions” scream the headlines, with the singer facing jail time.
When he heads to Germany for a two-year stint in the army to avoid imprisonment, he meets Priscilla (Olivia DeJonge), the love of his life and, eventually, mother of his child, Lisa Marie. The Australian-born DeJonge (recently seen in HBO show The Staircase) initially struggles to find any oxygen in the film — no surprise, given Butler’s show-stopping turn and a corpulent-looking Hanks with his faux European accent taking centre stage. But as their relationship experiences lows, with Elvis increasingly popping prescription drugs, she makes her mark with a couple of killer scenes.
Scroll through the gallery below to see the 'Elvis' premiere in Cannes:
As for Luhrmann, he simply won’t let this film rest. The camera rarely stops moving, whirling up and around Elvis, while the editing by Jonathan Redmond and Matt Villa is utterly dynamic. Costumes and production design, time-travelling you back to the era, are also superlative. But the film doesn’t truly come into its own until the 1968 section. “Is it my fault the world changed?” remarks Parker, as civil rights protests and assassinations of Dr Martin Luther King and Bobby Kennedy flood the news.
Parker doesn’t want Elvis making political statements — he doesn’t even want him leaving the country to tour internationally for “security” reasons. But there comes a point when the singer needs a rebirth. The so-called ’68 Comeback Special, with Elvis dressed in black leather and rocking out raw versions of songs such as Heartbreak Hotel and Guitar Man, is brilliantly staged — more so, as Luhrmann reminds us that it was supposed to be a sanitised Christmas TV show. Butler pours everything into these scenes, commanding the stage, sweating from every pore.
As Elvis takes up residency in Vegas (a sequence that includes a stunning version of That’s All Right), he suffers from exhaustion and cracks appear in his relations with Priscilla and Parker. With its subject alone and isolated, the final act takes an unsurprisingly more sombre turn.
Luhrmann, who hitherto uses split screen for some moments, takes a breath. Given the singer’s death in 1977 — dying aged 42 from a heart attack — the film brings Elvis’s story to a poignant and dignified close. An Unchained Melody rendition will likely elicit tears, as will real footage of the King cut into the finale.
Does the film get under Elvis’s skin enough? Perhaps not. It’s not the most psychologically probing of films. But Luhrmann is a director who knows how to put on a show, much like Parker, and in that regard Elvis is the greatest show on Earth.
A whirlwind of a movie, filled with light, colour and sound, it captures the 1950s and 1960s with real aplomb, a lavish spectacle on steroids. As the final credits remind us, Elvis was the biggest selling solo recording artist of all time. You can imagine after this, he’ll be selling a few more records.
Other must-tries
Tomato and walnut salad
A lesson in simple, seasonal eating. Wedges of tomato, chunks of cucumber, thinly sliced red onion, coriander or parsley leaves, and perhaps some fresh dill are drizzled with a crushed walnut and garlic dressing. Do consider yourself warned: if you eat this salad in Georgia during the summer months, the tomatoes will be so ripe and flavourful that every tomato you eat from that day forth will taste lacklustre in comparison.
Badrijani nigvzit
A delicious vegetarian snack or starter. It consists of thinly sliced, fried then cooled aubergine smothered with a thick and creamy walnut sauce and folded or rolled. Take note, even though it seems like you should be able to pick these morsels up with your hands, they’re not as durable as they look. A knife and fork is the way to go.
Pkhali
This healthy little dish (a nice antidote to the khachapuri) is usually made with steamed then chopped cabbage, spinach, beetroot or green beans, combined with walnuts, garlic and herbs to make a vegetable pâté or paste. The mix is then often formed into rounds, chilled in the fridge and topped with pomegranate seeds before being served.
Zayed Sustainability Prize
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
'The Batman'
Stars:Robert Pattinson
Director:Matt Reeves
Rating: 5/5
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The President's Cake
Director: Hasan Hadi
Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem
Rating: 4/5
Gully Boy
Director: Zoya Akhtar
Producer: Excel Entertainment & Tiger Baby
Cast: Ranveer Singh, Alia Bhatt, Kalki Koechlin, Siddhant Chaturvedi
Rating: 4/5 stars
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
Zayed Sustainability Prize
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.”
Leap of Faith
Michael J Mazarr
Public Affairs
Dh67
Elvis
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