• Veteran Syrian singer Sabah Fakhri performing in front of about 12,000 spectators on July 16, 2002 during the International Carthage Festival in Tunis. The beloved musician has died aged 88. AFP
    Veteran Syrian singer Sabah Fakhri performing in front of about 12,000 spectators on July 16, 2002 during the International Carthage Festival in Tunis. The beloved musician has died aged 88. AFP
  • Sabah Fakhri being presented with the Arab Music Prize by then Syrian education minister, Mahmoud Al Sayed, on June 22, 2004 in Damascus at the Arab Organisation for Culture and Sciences festival. EPA
    Sabah Fakhri being presented with the Arab Music Prize by then Syrian education minister, Mahmoud Al Sayed, on June 22, 2004 in Damascus at the Arab Organisation for Culture and Sciences festival. EPA
  • Sabah Fakhri during a concert in Casablanca on February 22, 2008. The singer is well known for his powerful voice, impeccable execution of Maqamat and harmony, as well as his charismatic performances. EPA
    Sabah Fakhri during a concert in Casablanca on February 22, 2008. The singer is well known for his powerful voice, impeccable execution of Maqamat and harmony, as well as his charismatic performances. EPA
  • Sabah Fakhri with his son Anas Abu Qos during an interview in Damascus on July 25, 2008. AFP
    Sabah Fakhri with his son Anas Abu Qos during an interview in Damascus on July 25, 2008. AFP
  • Top, from left: Iraqi singer Sadoun Jaber, Sabah Fakhri, Syria's Mayada Al Hinawi and Tunisian Lutfi Bushnaq perform on stage during the O Jerusalem opera show at the Opera House in Damascus on March 4, 2010. Reuters
    Top, from left: Iraqi singer Sadoun Jaber, Sabah Fakhri, Syria's Mayada Al Hinawi and Tunisian Lutfi Bushnaq perform on stage during the O Jerusalem opera show at the Opera House in Damascus on March 4, 2010. Reuters
  • Syrian singer Sabah Fakhri performing for the 46th International Carthage festival at the Roman theatre near Tunis on July 27, 2010. AFP
    Syrian singer Sabah Fakhri performing for the 46th International Carthage festival at the Roman theatre near Tunis on July 27, 2010. AFP
  • Sabah Fakhri at an event held at the Opera House in Damascus on October 21, 2017, by three Syrian ministries in support of displaced people and those affected by the seven-year war. The event was titled Here is Ours. EPA
    Sabah Fakhri at an event held at the Opera House in Damascus on October 21, 2017, by three Syrian ministries in support of displaced people and those affected by the seven-year war. The event was titled Here is Ours. EPA

Syrian singer Sabah Fakhri dies aged 88: 'The light of music went out in the Levant'


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Syrian singer Sabah Fakhri has died aged 88.

The news was announced in a joint statement by Syria's Ministry of Information and the Syrian Artists Syndicate, on Twitter and Facebook. No cause of death was revealed.

The beloved musician had a remarkable 70-year career during which Fakhri was hailed as the ambassador of the Syrian folk music genre, and a major influence on generations of Arab artists across the region.

You will remain a source of pride for authentic Middle Eastern music
Neshan,
TV host

This has been reflected in the outpouring of tributes from an eclectic array of artists.

Saudi singer Sulaiman Al Manah called Fakhri a "master" of the Syrian folk song. "This is sad news. My sincere condolences to his family, his artistic family and fans across the Arab world."

Kuwaiti composer Fahed Alnasser paid tribute to "the melody of Aleppo. And the light of music went out in the Levant. Farewell."

Syrian actor Moatasem Al Nahar posted a picture of Fakhri performing in his prime, with the caption: "Goodbye Sabah Fakhri. Goodbye.”

Lebanese television host Neshan said: "You will remain a source of pride for authentic Middle Eastern music."

His life and background

Fakhri, whose real name was Sabah Abu Qaws, was born in Aleppo in 1933. He was a muezzin in Al Rawda Mosque in Aleppo in his youth. The role earned Fakhri the attention of musician Sami Al-Shawa, who began taking him on singing tours across Syria.

He studied at the Academy of Arabic Music of Aleppo and then at the Damascus music conservatory, from which he graduated in 1948. The tenor then adopted the stage name Fakhri in honour of his mentor, Syrian nationalist leader Fakhri al-Barudi.

With his raw talent and grasp of classical Arabic music, Fakhri quickly made a name for himself in the Syrian music scene. One of his first public shows was at the Presidential Palace in Damascus in 1948, where he performed in front of then Syrian president Shukri al-Quwatli and prime minister Jamil Mardam Bey.

Throughout his career, Fakhri was a luminary in revitalising forms and techniques of traditional Arabic music, namely Qudud Halabiya (musical measures of Aleppo) and the Muwashshah musical genre. He often found his lyrics in the works of the 10th-century poets Abu Firas Al Hamdani and Al Mutanabbi. Some of his most famous songs include Ya Mal al-Sham, Ana Wa Habibi and Oul Lel Maliha.

Fakhri was fiercely devoted to Syria and identified the country’s heritage as being the roots of his musical style and prowess. His musical lineage included several great Syrian musicians, including Sheikh Ali Al-Darwish, Sheikh Omar Al-Batsh, Majdi Al Aqili and Aziz Ghannam.

A deep connection to Syria

That connection to his homeland also manifested in the industry leadership positions he would go on to hold, such as twice leading the Syrian Artists Syndicate and as a member of the People's Assembly of Syria.

His reputation, however, traversed far from the borders of his home country and he, eventually, followed. He performed in countries across Asia, Europe, the Americas and in Australia. In 1968, the Addouka Al Mayass singer was honoured by the Guinness World Records for performing on stage non-stop for 10 hours in Caracas, Venezuela. He is believed to have been the first Arab musician to be recognised by the world records body.

Leaving a musical legacy

Fakhri won numerous awards for his performances across his career, including the gold medal at the 1978 Arab Song Festival in Damascus. He also received an honorary certificate at the 2004 Fes Festival of World Sacred Music in Morocco. That same year, he was also awarded by the Arab League Educational, Cultural and Scientific Organisation.

Several Arab and international leaders honoured Fakhri for his contributions to Arabic music. In 1975, he received the Tunisian Cultural Medal from president Habib Bourguiba. In 2000, Sultan Qaboos bin Said Al Said of Oman presented him with the Omani Order of Merit for his work. In 2007, Fakhri was awarded the Order of Civil Merit by Syrian President Bashar al-Assad for his role in reviving classical Arabic music.

Fakhri’s music showcased the intricacies of classical Arabic composition and poetry. His legacy leaves a lasting imprint on classical Arabic music, with his influence discernible in the works of the genre’s most contemporary practitioners.

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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.”

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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

Updated: November 02, 2021, 12:22 PM