Roger Waters on stage in Barcelona on Tuesday. EPA
Roger Waters on stage in Barcelona on Tuesday. EPA
Roger Waters on stage in Barcelona on Tuesday. EPA
Roger Waters on stage in Barcelona on Tuesday. EPA

Roger Waters: Frankfurt can’t cancel my shows, it’s illegal


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Pink Floyd founder Roger Waters is in an upbeat but combative mood. Last weekend he kicked off his latest world tour — This is Not A Drill — in Lisbon with two sold-out shows.

Offstage, he was instructing a German law firm to fight efforts by two city councils to cancel his sold-out Frankfurt and Munich gigs in May over his views on the Israeli government. The respective councils accuse Waters of espousing anti-Semitic views, something he has roundly and consistently refuted.

“We are on the offense,” he tells The National by telephone in Barcelona, fresh from a workout. “Their actions are unconstitutional. They can’t cancel my shows, it’s illegal.” Waters has already gained some ground, with Munich authorities stating that the city had no legal grounds to halt his May 21 concert at Olympic Hall.

At 79 years of age, Waters shows no shortage of energy, defiance or determination. He has a reserve of sumud — “steadfastness” — that Palestinians, whose struggle for justice and freedom Waters has publicly advocated for since 2005, must admire and appreciate.

  • Pink Floyd co-founder Roger Waters performing on the Pyramid Stage at Glastonbury, 2002. Getty Images
    Pink Floyd co-founder Roger Waters performing on the Pyramid Stage at Glastonbury, 2002. Getty Images
  • Waters spray-paints the words 'No Thought Control' on a section of Israel's separation wall in the West Bank city of Bethlehem in 2006. AP
    Waters spray-paints the words 'No Thought Control' on a section of Israel's separation wall in the West Bank city of Bethlehem in 2006. AP
  • Waters walks along the separation wall in the West Bank city of Bethlehem in 2006
    Waters walks along the separation wall in the West Bank city of Bethlehem in 2006
  • Waters performs at the Hoping for the Children of Palestine concert at Kiddington Hall, Oxfordshire, in July 2010
    Waters performs at the Hoping for the Children of Palestine concert at Kiddington Hall, Oxfordshire, in July 2010
  • Waters addresses the Committee on the Exercise of the Inalienable Rights of the Palestinian People at the UN headquarters in New York, 2012. AFP
    Waters addresses the Committee on the Exercise of the Inalienable Rights of the Palestinian People at the UN headquarters in New York, 2012. AFP
  • Waters participates in the Palestine and Human Rights Today talk in Uruguay, 2018. EPA
    Waters participates in the Palestine and Human Rights Today talk in Uruguay, 2018. EPA

Since endorsing the non-violent Boycott, Divestment and Sanctions call of Palestinian civil society — which aims to place economic pressure on Israel until it ends the occupation of Palestinian land, grants Arabs equal rights and assures the right of refugees to return — Waters and a long list of other artists and academics have relentlessly fought against accusations of anti-Semitism.

“I am not an anti-Semite, I never have been — not for a single second of my long life. So it may be that I am finally going to get my moment in court,” he says, sounding positive, but not naive.

But something else is afoot. He says he had a constructive interview in Der Spiegel last week and he expresses surprise that two politically right-leaning, British broadsheets, The Times and The Daily Telegraph, reviewed his politically charged opening show favourably.

“That is weird, it’s never happened before,” Waters says, with a laugh. “Clearly people are beginning to think that what’s going on might be newsworthy in some way, which is a good thing.”

Germany’s past in the present

Germany has passed some of the most comprehensive anti-BDS legislation in the West. In 2019, the country's parliament designated the BDS movement as anti-Semitic. However, last year, Munich — which adopted a 2017 resolution barring BDS supporters from using public space — was told by the country's Federal Administrative Court that it was illegal and unconstitutional to do so.

Rogers is one of several British artists, including Brian Eno, Young Fathers, Kamila Shamsie and Caryl Churchill, who have had gigs threatened or cancelled, prizes or awards withdrawn or faced censure in the country over their endorsement of the cultural boycott of Israel.

Waters hopes that a German court will rule that “to conflate membership of BDS and criticism of Israeli policy in the occupied territories with anti-Semitism is an absolute nonsense”.

“The conflation of anti-Semitism with criticism of Israeli government policy is and has always been crazy, but it is the only weapon that the Israeli lobby has. And that's why they use it indiscriminately, because they have no platform to stand on."

Waters bristles at the idea that German municipalities today, given the nation’s history, would support a far-right government in a different country.

However, he remains optimistic. "I'm so happy to be going to Germany," he says. "I'm going to spread my message of love and reconciliation with all my friends and fans there, and there's hundreds and hundreds of thousands of us. They all want to come to the show. The shows [the municipalities] want to cancel have sold out.”

Is the tide turning?

Eighteen years of defending your reputation is surely mentally and emotionally draining. It’s also had a financial cost to Waters — Citibank and American Express dropped their corporate sponsorship of his tours several years ago, deals worth several millions of dollars.

But Waters has no regrets and says he doesn’t think about the monetary issues. One presumes that his stature and continued artistic output make such losses less painful.

In contrast, he says: “The benefit that one gains psychologically and emotionally from doing the right thing, it's so immense. You can't conflate love and money. They live in different worlds. My gain in love, and exchange of love and friendship with people all over the world, has been out of all proportion to any loss.”

He is “deeply moved” by the online petition initiated by his friends, Vijay Prashad, Katie Halper and Steven Donzinger, currently endorsed by nearly 17,000 people, including many prominent artists.

“It's been signed by a lot of very notable people, starting with Noam Chomsky and working through a wonderful kind of list of the intelligentsia and comrades in the peace movement,” says Waters gratefully.

The rock star is also buoyed by the changing narrative around Israel and Palestine, which he feels is accelerating, “spreading hand over fist”.

“The fact is we are winning the argument. You couldn’t use the word ‘apartheid’ back in 2005 to talk about Israel [vis-a-vis] Palestine, and now you can't talk about Israel without using the word ‘apartheid’. That's huge.”

Israeli own goals?

Waters believes the current Israeli government, which has drawn widespread condemnation for its treatment of Palestinians, is also shifting perceptions — especially in the US, where key support for Israel comes in the shape of diplomatic and financial backing.

“It's become very, very difficult to see how the Israeli government can go on doing what it is doing and retain any support in rank-and-file citizens of America. It's still there but is being eroded.”

The artist reserves particular criticism for Israeli Finance Minister Bezalel Smotrich, who recently drew international condemnation for claiming “there isn't a Palestinian people”.

“I'm happy to see that a lot of good people in the United States were up in arms over his visit, protesting in the streets and saying you cannot entertain this guy in the corridors of power, in this supposed democracy.”

Speak to me

For years Waters would write to fellow artists, young and old, imploring them not to perform in Israel due to the government's treatment of Palestinian people. Today, he admits: “I'm bored with writing letters to other musicians, right?”

However, he mentions a video he’s just been impressed by — British-Iraqi rapper Lowkey’s Free Assange with Mai Khalil and The Grime Violinist, and says: “It’s about everything we’re talking about. There are always the Lowkeys of this world.”

Waters still upholds the advice his mother gave him when he was a teenager: “Read, read, read and read again. Not just opinions you agree with, but everything that everybody has to say. Get as fully informed as you can be on an issue.

“Then, do the right thing.”

SECRET%20INVASION
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Ali%20Selim%20%3Cbr%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Samuel%20L%20Jackson%2C%20Olivia%20Coleman%2C%20Kingsley%20Ben-Adir%2C%20Emilia%20Clarke%20%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203%2F5%26nbsp%3B%3C%2Fp%3E%0A
Moral education needed in a 'rapidly changing world'

Moral education lessons for young people is needed in a rapidly changing world, the head of the programme said.

Alanood Al Kaabi, head of programmes at the Education Affairs Office of the Crown Price Court - Abu Dhabi, said: "The Crown Price Court is fully behind this initiative and have already seen the curriculum succeed in empowering young people and providing them with the necessary tools to succeed in building the future of the nation at all levels.

"Moral education touches on every aspect and subject that children engage in.

"It is not just limited to science or maths but it is involved in all subjects and it is helping children to adapt to integral moral practises.

"The moral education programme has been designed to develop children holistically in a world being rapidly transformed by technology and globalisation."

First Person
Richard Flanagan
Chatto & Windus 

Our legal consultant

Name: Hassan Mohsen Elhais

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

How%20to%20avoid%20getting%20scammed
%3Cul%3E%0A%3Cli%3ENever%20click%20on%20links%20provided%20via%20app%20or%20SMS%2C%20even%20if%20they%20seem%20to%20come%20from%20authorised%20senders%20at%20first%20glance%3C%2Fli%3E%0A%3Cli%3EAlways%20double-check%20the%20authenticity%20of%20websites%3C%2Fli%3E%0A%3Cli%3EEnable%20Two-Factor%20Authentication%20(2FA)%20for%20all%20your%20working%20and%20personal%20services%3C%2Fli%3E%0A%3Cli%3EOnly%20use%20official%20links%20published%20by%20the%20respective%20entity%3C%2Fli%3E%0A%3Cli%3EDouble-check%20the%20web%20addresses%20to%20reduce%20exposure%20to%20fake%20sites%20created%20with%20domain%20names%20containing%20spelling%20errors%3C%2Fli%3E%0A%3C%2Ful%3E%0A
BEETLEJUICE BEETLEJUICE

Starring: Winona Ryder, Michael Keaton, Jenny Ortega

Director: Tim Burton

Rating: 3/5

The biog

Favourite book: You Are the Placebo – Making your mind matter, by Dr Joe Dispenza

Hobby: Running and watching Welsh rugby

Travel destination: Cyprus in the summer

Life goals: To be an aspirational and passionate University educator, enjoy life, be healthy and be the best dad possible.

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 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

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.”

Washmen Profile

Date Started: May 2015

Founders: Rami Shaar and Jad Halaoui

Based: Dubai, UAE

Sector: Laundry

Employees: 170

Funding: about $8m

Funders: Addventure, B&Y Partners, Clara Ventures, Cedar Mundi Partners, Henkel Ventures

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FIVE%20TRENDS%20THAT%20WILL%20SHAPE%20UAE%20BANKING
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MATCH INFO

Uefa Champions League, semi-final result:

Liverpool 4-0 Barcelona

Liverpool win 4-3 on aggregate

Champions Legaue final: June 1, Madrid

KEY DEVELOPMENTS IN MARITIME DISPUTE

2000: Israel withdraws from Lebanon after nearly 30 years without an officially demarcated border. The UN establishes the Blue Line to act as the frontier.

2007: Lebanon and Cyprus define their respective exclusive economic zones to facilitate oil and gas exploration. Israel uses this to define its EEZ with Cyprus

2011: Lebanon disputes Israeli-proposed line and submits documents to UN showing different EEZ. Cyprus offers to mediate without much progress.

2018: Lebanon signs first offshore oil and gas licencing deal with consortium of France’s Total, Italy’s Eni and Russia’s Novatek.

2018-2019: US seeks to mediate between Israel and Lebanon to prevent clashes over oil and gas resources.

AT%20A%20GLANCE
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Other acts on the Jazz Garden bill

Sharrie Williams
The American singer is hugely respected in blues circles due to her passionate vocals and songwriting. Born and raised in Michigan, Williams began recording and touring as a teenage gospel singer. Her career took off with the blues band The Wiseguys. Such was the acclaim of their live shows that they toured throughout Europe and in Africa. As a solo artist, Williams has also collaborated with the likes of the late Dizzy Gillespie, Van Morrison and Mavis Staples.
Lin Rountree
An accomplished smooth jazz artist who blends his chilled approach with R‘n’B. Trained at the Duke Ellington School of the Arts in Washington, DC, Rountree formed his own band in 2004. He has also recorded with the likes of Kem, Dwele and Conya Doss. He comes to Dubai on the back of his new single Pass The Groove, from his forthcoming 2018 album Stronger Still, which may follow his five previous solo albums in cracking the top 10 of the US jazz charts.
Anita Williams
Dubai-based singer Anita Williams will open the night with a set of covers and swing, jazz and blues standards that made her an in-demand singer across the emirate. The Irish singer has been performing in Dubai since 2008 at venues such as MusicHall and Voda Bar. Her Jazz Garden appearance is career highlight as she will use the event to perform the original song Big Blue Eyes, the single from her debut solo album, due for release soon.

How to wear a kandura

Dos

  • Wear the right fabric for the right season and occasion 
  • Always ask for the dress code if you don’t know
  • Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work 
  • Wear 100 per cent cotton under the kandura as most fabrics are polyester

Don’ts 

  • Wear hamdania for work, always wear a ghutra and agal 
  • Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying
Keep it fun and engaging

Stuart Ritchie, director of wealth advice at AES International, says children cannot learn something overnight, so it helps to have a fun routine that keeps them engaged and interested.

“I explain to my daughter that the money I draw from an ATM or the money on my bank card doesn’t just magically appear – it’s money I have earned from my job. I show her how this works by giving her little chores around the house so she can earn pocket money,” says Mr Ritchie.

His daughter is allowed to spend half of her pocket money, while the other half goes into a bank account. When this money hits a certain milestone, Mr Ritchie rewards his daughter with a small lump sum.

He also recommends books that teach the importance of money management for children, such as The Squirrel Manifesto by Ric Edelman and Jean Edelman.

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Leaderboard

63 - Mike Lorenzo-Vera (FRA)

64 - Rory McIlroy (NIR)

66 - Jon Rahm (ESP)

67 - Tom Lewis (ENG), Tommy Fleetwood (ENG)

68 - Rafael Cabrera-Bello (ESP), Marcus Kinhult (SWE)

69 - Justin Rose (ENG), Thomas Detry (BEL), Francesco Molinari (ITA), Danny Willett (ENG), Li Haotong (CHN), Matthias Schwab (AUT)

NEW%20PRICING%20SCHEME%20FOR%20APPLE%20MUSIC%2C%20TV%2B%20AND%20ONE
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Updated: March 28, 2023, 10:49 AM