Egyptian star Asser Yassin had no idea that his latest film Saheb Al Maqam (The Enshrined Saint) would eventually debut on a streaming platform, skipping a theatrical release altogether. The decision might have come as a result of constraints posed by the coronavirus pandemic, but the star says that the move might mark a transformative moment in how Arabic films are distributed, and possibly will "inspire others to do the same."
“We always thought the film would first be released in the cinema,” he said during a virtual press conference on Wednesday, July 29, hosted by MBC ahead of the film’s release. “But I’m glad it’s debuting on Shahid first. The move might mark a precedent and start a trend.”
The film – which also features Egyptian superstar Yousra – was unveiled today, July 30, on MBC’s streaming platform, Shahid VIP, to coincide with the first day of Eid Al Adha.
Saheb Al Maqam tells the story of a young businessman (Yassin) who sees his life fall apart after a series of bad business decisions. Seeing that he is about to lose his family and possibly risk losing his future, he seeks the help of a holy woman played by Yousra.
The film marks the third collaboration between Yousra and Yassin, who have previously starred together in the film The Yacoubian Building and the television drama series Lahazat Harega. The film also marks Yousra's first feature film in nearly eight years. Her last was Game Over, a comedy released in 2012.
Earlier this week, Yousra told Arabic media how her character was originally written to be man. However, the film’s director, Mohamed El Adl, then decided to rewrite the character to be a woman, and that’s when Yousra joined the project.
“I usually prefer to play characters that I have never portrayed before,” she said. “And so this project definitely appealed to me, as the story itself hasn’t been presented in Egyptian or Arab cinema before.
“Featuring a pre-cinema release on Shahid VIP definitely marks the beginning of a new form of film distribution in the region. I do not view it as a substitute to the cinema, but as a service that compliments it. It’s fantastic that this film is the first one to stream on Shahid VIP [pre-cinema release].”
During the virtual press conference, El Adl also echoed the same sentiment, stating that the pre-cinema release will usher a new way of thinking how to distribute films in the region, describing it as “a historic moment” for Arab cinema.
“I am very happy with this step,” he said during the event. “It opens up a new market for Egyptian films, and expands viewership potential. I’m sure the film’s pre-cinema release will encourage other directors and producers to take similar steps.
“It’s a new way of making exclusive content accessible to everyone, and I think that the public will back it. It’s also a new way for filmmakers to showcase their work, which is crucial given the current circumstances around the world.”
More pre-theatrical releases are set to launch on Shahid VIP in the coming months, including the thriller Al Hareth, which stars Ahmed El Fishawy and Yasmin Raeis.
MBC Group spokesperson Mazen Hayek said the broadcasting company is striving to keep true to its promise of making Shahid VIP compete with the world’s top streaming platforms.
“When we unveiled the all-new Shahid earlier this year at the Dubai Opera, we promised to increase our original and exclusive content to ensure we keep delivering the best of Arabic and foreign productions,” Al Hayek said at the virtual event.
The biog
Favourite Emirati dish: Fish machboos
Favourite spice: Cumin
Family: mother, three sisters, three brothers and a two-year-old daughter
World record transfers
1. Kylian Mbappe - to Real Madrid in 2017/18 - €180 million (Dh770.4m - if a deal goes through)
2. Paul Pogba - to Manchester United in 2016/17 - €105m
3. Gareth Bale - to Real Madrid in 2013/14 - €101m
4. Cristiano Ronaldo - to Real Madrid in 2009/10 - €94m
5. Gonzalo Higuain - to Juventus in 2016/17 - €90m
6. Neymar - to Barcelona in 2013/14 - €88.2m
7. Romelu Lukaku - to Manchester United in 2017/18 - €84.7m
8. Luis Suarez - to Barcelona in 2014/15 - €81.72m
9. Angel di Maria - to Manchester United in 2014/15 - €75m
10. James Rodriguez - to Real Madrid in 2014/15 - €75m
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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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What can victims do?
Always use only regulated platforms
Stop all transactions and communication on suspicion
Save all evidence (screenshots, chat logs, transaction IDs)
Report to local authorities
Warn others to prevent further harm
Courtesy: Crystal Intelligence
Name: Peter Dicce
Title: Assistant dean of students and director of athletics
Favourite sport: soccer
Favourite team: Bayern Munich
Favourite player: Franz Beckenbauer
Favourite activity in Abu Dhabi: scuba diving in the Northern Emirates
COMPANY%20PROFILE
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Lexus LX700h specs
Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor
Power: 464hp at 5,200rpm
Torque: 790Nm from 2,000-3,600rpm
Transmission: 10-speed auto
Fuel consumption: 11.7L/100km
On sale: Now
Price: From Dh590,000
Ferrari 12Cilindri specs
Engine: naturally aspirated 6.5-liter V12
Power: 819hp
Torque: 678Nm at 7,250rpm
Price: From Dh1,700,000
Available: Now
What is the Supreme Petroleum Council?
The Abu Dhabi Supreme Petroleum Council was established in 1988 and is the highest governing body in Abu Dhabi’s oil and gas industry. The council formulates, oversees and executes the emirate’s petroleum-related policies. It also approves the allocation of capital spending across state-owned Adnoc’s upstream, downstream and midstream operations and functions as the company’s board of directors. The SPC’s mandate is also required for auctioning oil and gas concessions in Abu Dhabi and for awarding blocks to international oil companies. The council is chaired by Sheikh Khalifa, the President and Ruler of Abu Dhabi while Sheikh Mohamed bin Zayed, Abu Dhabi’s Crown Prince and Deputy Supreme Commander of the Armed Forces, is the vice chairman.
Notable Yas events in 2017/18
October 13-14 KartZone (complimentary trials)
December 14-16 The Gulf 12 Hours Endurance race
March 5 Yas Marina Circuit Karting Enduro event
March 8-9 UAE Rotax Max Challenge
Profile of Hala Insurance
Date Started: September 2018
Founders: Walid and Karim Dib
Based: Abu Dhabi
Employees: Nine
Amount raised: $1.2 million
Funders: Oman Technology Fund, AB Accelerator, 500 Startups, private backers
Profile Box
Company/date started: 2015
Founder/CEO: Mohammed Toraif
Based: Manama, Bahrain
Sector: Sales, Technology, Conservation
Size: (employees/revenue) 4/ 5,000 downloads
Stage: 1 ($100,000)
Investors: Two first-round investors including, 500 Startups, Fawaz Al Gosaibi Holding (Saudi Arabia)