Nargis Fakhri with Chunkey Pandey on the green carpet at the IIFA Awards 2022 at the Etihad Arena, Yas Island. Chris Whiteoak / The National
Nargis Fakhri with Chunkey Pandey on the green carpet at the IIFA Awards 2022 at the Etihad Arena, Yas Island. Chris Whiteoak / The National
Nargis Fakhri with Chunkey Pandey on the green carpet at the IIFA Awards 2022 at the Etihad Arena, Yas Island. Chris Whiteoak / The National
Nargis Fakhri with Chunkey Pandey on the green carpet at the IIFA Awards 2022 at the Etihad Arena, Yas Island. Chris Whiteoak / The National

Why is the IIFA Awards carpet green? The story behind the move from traditional red


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For 16 years, stars arriving at the annual International Indian Film Academy Awards have been greeted by a bright green carpet, instead of the traditional red. First introduced at the event in Sheffield, UK, in 2007, the colour change has not only allowed the travelling Bollywood ceremony to stand out, but also deliver an important global message about climate change.

“IIFA has always put the environmental agenda at the realm of IIFA Awards,” organisers told The National. “In 2007, we launched the concept 'Greening The IIFAs' and came up with the idea of bright green carpets instead of traditional red ones.

“IIFA has always helped create clever messaging on the environment that the stars and celebrities involved would convey to the audiences and fans globally. And today, with the power of celebrity following, it’s worked.”

First held in the year 2000, in London, the IIFA Awards were conceptualised by Mumbai event company Wizcraft International Entertainment to honour the best Hindi films and movie talents of the previous year. It is held in a different country every year, usually spread across a number of days, culminating with a gala awards night, and it has been instrumental in boosting Bollywood's popularity globally.

Bollywood actor Varun Dhawan at the IIFA Rocks in 2023. Chris Whiteoak / The National
Bollywood actor Varun Dhawan at the IIFA Rocks in 2023. Chris Whiteoak / The National

Dubai hosted the event in 2006, and other host countries have included Bangkok, New York, Colombo, Amsterdam, Madrid, Florida, Kuala Lumpur and Macau. Abu Dhabi plays host for the third year in a row this weekend. This year, the event, called IIFA Festival, will be spread across three days, starting with IIFA Utsavam on Friday, a night dedicated to South Indian films and entertainment.

The flagship IIFA Awards, which honours the best in Hindi films or films from Bollywood, takes place on Saturday. This will be followed by IIFA Rocks on Sunday, a night of music. All three events are being held at the Etihad Arena on Yas Island.

Bollywood superstar Shah Rukh Khan will host this year's IIFA Awards alongside producer and director Karan Johar and actor Vicky Kaushal. The trio have all hosted the awards separately in the past. Meanwhile, IIFA Utsavam will be hosted by stars representing each of the regional South Indian languages.

Vicky Kaushal, right, and Sara Ali Khan arrive on the green carpet at the IIFA Awards 2023 in Abu Dhabi. Victor Besa / The National
Vicky Kaushal, right, and Sara Ali Khan arrive on the green carpet at the IIFA Awards 2023 in Abu Dhabi. Victor Besa / The National

Rana Dagubatti and Teja Sajja will host the Telugu awards, while Sathish and Diya Menon will represent the Tamil film industry. For Kannada films, actors Akul Balaji and Vijay Raghavendra will host, while the Malayalam segment will be hosted by actor Sudev Nair and actress Pearle Maaney.

Performers for the IIFA Awards include Bollywood veteran Rekha and actors Kaushal, Shahid Kapoor, Kriti Sanon and Janhvi Kapoor.

For IIFA Utsavam, performers include actresses Pragya Jaiswal, Raashii Khanna, Regina Cassandra and Aradhana Ram as well as actor, director and choreographer Prabhu Deva and actor Shane Nigam. Composer Devi Sri Prasad, popularly known as DSP, will also perform.

Aishwarya Rai Bachchan and her husband, Bollywood actor Abhishek Bachchan, on the green carpet in 2022. EPA
Aishwarya Rai Bachchan and her husband, Bollywood actor Abhishek Bachchan, on the green carpet in 2022. EPA

IIFA Rocks will begin with the Bollywood music trio Shankar-Ehsaan-Loy. The group are behind multiple hits spanning more than three decades and are made up of Shankar Mahadevan, Ehsaan Noorani and Loy Mendonsa. The trio will be honoured on the night, for their contribution to Indian cinema. Rapper Honey Singh, Romanian actress Lulia Vantur and singer Shilpa Rao will also perform.

The history of the red carpet

The term “red carpet treatment” is believed to have been coined in the 1900s when the New York Central Railroad typically used scarlet-coloured carpets for first-class ticket holders boarding the trains. Hollywood began to adopt the colour for film premières and events in the 1920s.

It achieved global status when broadcasters of the Academy Awards in 1964 started filming the arrival of guests as they stepped out of their limousines. The red carpet became the place where stars and VIPs made their grand entrance.

Today, it is used at major events around the world, including at formal ceremonial events to mark the path of heads of states.

– This story was originally published on May 24, 2023

Directed by Sam Mendes

Starring Dean-Charles Chapman, George MacKay, Daniel Mays

4.5/5

The specs: 2018 Nissan 370Z Nismo

The specs: 2018 Nissan 370Z Nismo
Price, base / as tested: Dh182,178
Engine: 3.7-litre V6
Power: 350hp @ 7,400rpm
Torque: 374Nm @ 5,200rpm
Transmission: Seven-speed automatic
​​​​​​​Fuel consumption, combined: 10.5L / 100km

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It Was Just an Accident

Director: Jafar Panahi

Stars: Vahid Mobasseri, Mariam Afshari, Ebrahim Azizi, Hadis Pakbaten, Majid Panahi, Mohamad Ali Elyasmehr

Rating: 4/5

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

RESULTS

6pm: Al Maktoum Challenge Round-2 – Group 1 (PA) $55,000 (Dirt) 1,900m
Winner: Rajeh, Antonio Fresu (jockey), Musabah Al Muhairi (trainer)

6.35pm: Oud Metha Stakes – Rated Conditions (TB) $60,000 (D) 1,200m
Winner: Get Back Goldie, William Buick, Doug O’Neill

7.10pm: Jumeirah Classic – Listed (TB) $150,000 (Turf) 1,600m
Winner: Sovereign Prince, James Doyle, Charlie Appleby

7.45pm: Firebreak Stakes – Group 3 (TB) $150,000 (D) 1,600m
Winner: Hypothetical, Mickael Barzalona, Salem bin Ghadayer

8.20pm: Al Maktoum Challenge Round-2 – Group 2 (TB) $350,000 (D) 1,900m
Winner: Hot Rod Charlie, William Buick, Doug O’Neill

8.55pm: Al Bastakiya Trial – Conditions (TB) $60,000 (D) 1,900m
Winner: Withering, Adrie de Vries, Fawzi Nass

9.30pm: Balanchine – Group 2 (TB) $180,000 (T) 1,800m
Winner: Creative Flair, William Buick, Charlie Appleby

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3EKinetic%207%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202018%3Cbr%3E%3Cstrong%3EFounder%3A%3C%2Fstrong%3E%20Rick%20Parish%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Abu%20Dhabi%2C%20UAE%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Clean%20cooking%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20%2410%20million%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Self-funded%3C%2Fp%3E%0A

Rainbow

Kesha

(Kemosabe)

Updated: September 27, 2024, 9:10 AM