Bassem Youssef, the Egyptian satirical comedian, has been chosen to host the 2015 International Emmy Awards Gala in New York in November. He became one of the Arab world's most famous TV personalities as host of the groundbreaking political satire show Al Bernameg (The Show), but cancelled it last year after former army chief Abdel Fattah El Sissi was elected president. Bruce L Paisner, head of the International Academy of Television Arts & Sciences, said that Youssef "has been dubbed the Jon Stewart of the Arab world but in fact his talent has no borders". Youssef said that as the first International Emmys host from the Middle East, he hopes to highlight "the vibrant entertainment industry" in the region. He is currently working as a resident fellow at the Harvard Institute of Politics and has appeared several times with Stewart on The Daily Show. – AP
Omar gets regional release date
Two years after it wowed audiences at the Cannes Film Festival, and one Oscar nomination later, the Palestinian drama Omar is getting a Middle East release. Egyptian distributor MAD Solutions says it will be out on May 20 in Egypt and on May 21 in the UAE, Kuwait, Oman and Iraq. The film's director, Hany Abu-Assad, said: "I am extremely happy that finally Omar is getting the chance to be released in the Arab world. This release means a lot to me, as I consider this movie as an homage to the Egyptian thriller. It's a film about love, friendship and trust, against the background of political oppression; themes that we deal with on a daily basis in our lives, especially in this time." – The National staff
Cuarón to head Venice film festival jury
Oscar-winning director Alfonso Cuarón has been chosen to head the jury for the Venice Film Festival's coveted Golden Lion award. The Mexican director will return to the Italian city where Gravity debuted as the opening film two years ago before going on to win Oscars for Best Film, Best Director and Best Film Editing. Festival organisers called Cuarón, 53, "one of the most celebrated directors of his generation", and praised his groundbreaking techniques in the 2006 film Children of Men, which debuted in Venice and was nominated for three Oscars. Gravity received 10 Oscar nominations and made more than US$700 million (Dh2.5 billion) at the box office. The Venice Film Festival runs from September 2 to 12. – AP
Hero remake ‘better than original’
Filmmaker Subhash Ghai says that the remake of his 1983 film Hero will be better than the original. Produced by Salman Khan, the new version is directed by Nikhil Advani and marks the debuts of Sooraj Pancholi and Athiya Shetty. "The film is from Nikhil Advani's vision under the supervision of Salman – I am hoping and confident that this remake will be better than my Hero," said Ghai. He added that he would not be contributing to the project. "When Salman asked me about a partnership for the remake of Hero, I said: 'I can give you the rights to that film but the vision will be yours and your director's. Neither will I contribute to it nor will I interfere, because you will make the film as today's vision and if I will interfere in it I will put my old vision.' I have not even seen a single still of the film." The film is due out on July 3. – IANS
Lisa Ray full of praise for film location
Indo-Canadian actress Lisa Ray's upcoming romantic film Ishq Forever will showcase the popular landscapes of Hermanus – a town on the southern coast of the Western Cape province of South Africa. The 43-year-old, who plays a secret agent in the film, directed by Sanjay Dayma, shared her excitement about the location on Twitter: "Hermanus! Renowned for whale watching and cage diving with the Great Whites, it's our next location for #IshqForever." The movie, which has also filmed in Cape Town, is due out in November. – IANS
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
If you go
The flights
There are various ways of getting to the southern Serengeti in Tanzania from the UAE. The exact route and airstrip depends on your overall trip itinerary and which camp you’re staying at.
Flydubai flies direct from Dubai to Kilimanjaro International Airport from Dh1,350 return, including taxes; this can be followed by a short flight from Kilimanjaro to the Serengeti with Coastal Aviation from about US$700 (Dh2,500) return, including taxes. Kenya Airways, Emirates and Etihad offer flights via Nairobi or Dar es Salaam.
Founders: Abdulmajeed Alsukhan, Turki Bin Zarah and Abdulmohsen Albabtain.
Based: Riyadh
Offices: UAE, Vietnam and Germany
Founded: September, 2020
Number of employees: 70
Sector: FinTech, online payment solutions
Funding to date: $116m in two funding rounds
Investors: Checkout.com, Impact46, Vision Ventures, Wealth Well, Seedra, Khwarizmi, Hala Ventures, Nama Ventures and family offices
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
Sukuk explained
Sukuk are Sharia-compliant financial certificates issued by governments, corporates and other entities. While as an asset class they resemble conventional bonds, there are some significant differences. As interest is prohibited under Sharia, sukuk must contain an underlying transaction, for example a leaseback agreement, and the income that is paid to investors is generated by the underlying asset. Investors must also be prepared to share in both the profits and losses of an enterprise. Nevertheless, sukuk are similar to conventional bonds in that they provide regular payments, and are considered less risky than equities. Most investors would not buy sukuk directly due to high minimum subscriptions, but invest via funds.
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Winners
Ballon d’Or (Men’s)
Ousmane Dembélé (Paris Saint-Germain / France)
Ballon d’Or Féminin (Women’s)
Aitana Bonmatí (Barcelona / Spain)
Kopa Trophy (Best player under 21 – Men’s)
Lamine Yamal (Barcelona / Spain)
Best Young Women’s Player
Vicky López (Barcelona / Spain)
Yashin Trophy (Best Goalkeeper – Men’s)
Gianluigi Donnarumma (Paris Saint-Germain and Manchester City / Italy)
Best Women’s Goalkeeper
Hannah Hampton (England / Aston Villa and Chelsea)
Men’s Coach of the Year
Luis Enrique (Paris Saint-Germain)
Women’s Coach of the Year
Sarina Wiegman (England)
Company Profile
Founder: Omar Onsi
Launched: 2018
Employees: 35
Financing stage: Seed round ($12 million)
Investors: B&Y, Phoenician Funds, M1 Group, Shorooq Partners
New UK refugee system
- A new “core protection” for refugees moving from permanent to a more basic, temporary protection
- Shortened leave to remain - refugees will receive 30 months instead of five years
- A longer path to settlement with no indefinite settled status until a refugee has spent 20 years in Britain
- To encourage refugees to integrate the government will encourage them to out of the core protection route wherever possible.
- Under core protection there will be no automatic right to family reunion
- Refugees will have a reduced right to public funds
Tewellah by Nawal Zoghbi is out now.
The biog
Most memorable achievement: Leading my first city-wide charity campaign in Toronto holds a special place in my heart. It was for Amnesty International’s Stop Violence Against Women program and showed me the power of how communities can come together in the smallest ways to have such wide impact.
Favourite film: Childhood favourite would be Disney’s Jungle Book and classic favourite Gone With The Wind.
Favourite book: To Kill A Mockingbird for a timeless story on justice and courage and Harry Potters for my love of all things magical.
Favourite quote: “We make a living by what we get, but we make a life by what we give.” — Winston Churchill
Favourite food: Dim sum
Favourite place to travel to: Anywhere with natural beauty, wildlife and awe-inspiring sunsets.
The five pillars of Islam
What can you do?
Document everything immediately; including dates, times, locations and witnesses
Seek professional advice from a legal expert
You can report an incident to HR or an immediate supervisor
You can use the Ministry of Human Resources and Emiratisation’s dedicated hotline
In criminal cases, you can contact the police for additional support
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'Gold'
Director:Anthony Hayes
Stars:Zaf Efron, Anthony Hayes
Rating:3/5
In numbers
- Number of children under five will fall from 681 million in 2017 to 401m in 2100
- Over-80s will rise from 141m in 2017 to 866m in 2100
- Nigeria will become the world’s second most populous country with 791m by 2100, behind India
- China will fall dramatically from a peak of 2.4 billion in 2024 to 732 million by 2100
- an average of 2.1 children per woman is required to sustain population growth
The specs
Engine: 2.4-litre 4-cylinder
Transmission: CVT auto
Power: 181bhp
Torque: 244Nm
Price: Dh122,900