After a chaotic first day plagued by traffic jams, inadequate staff training and a lack of available transport, American music super festival Desert Trip has found its groove.
Organisers have paid attention to the complaints, and in some cases downright vitriol, delivered by festival goers on social media and ironed out the necessary kinks to provide a well organised and smooth second day.
Paul McCartney capped it all off with an emotional set at the Palm Spring’s Empire Polo Club with the help of a fellow music icon.
His co-headliner Neil Young made an appearance late into the set and joined McCartney to perform three tracks, including the live debut of the 1968 Beatles track Why Don't We Do It in the Road.
McCartney’s set was a mammoth two-and-a-half hour career retrospective; 37 songs were dropped spanning the 74-year-old’s time with the Fab 4, Wings and his solo career.
With so much rich material on offer, it didn't take long for McCartney to have the crowd in the palm of his hands. Not many artists can begin a set with a trio of rock staples such as A Hard Day's Night, Jet and Can't Buy Me Love.
The always ebullient Jet, in particular, was delivered with a roaring gusto. Listen to those steady riffs, anthemic chorus and that synth piano solo towards the end and you can hear the building blocks of what would later be called the power-pop genre.
That iconic shaky guitar riff of Day Tripper continued to thrill 50 years on, while in the heady Let Me Roll It McCartney ditched his bass and took over guitar duties to deliver the track's signature stinging guitar attacks before launching into a raucous instrumental take of Jimi Hendrix's Foxy Lady.
Where he was in a celebrity mood during his 2011 Abu Dhabi performance at Yas Island as part of the Formula One After Race concert series, McCartney was in a more reflective frame of mind at the Desert Festival.
Perhaps the make up of the audience — many of the 75,000 grew up with The Beatles and Wings — inspired McCartney to intersperse his set with career anecdotes and special dedications.
He dedicated both the solo track My Valentine and the Wings classic Maybe I'm Amazed to his present wife Nancy Shevell and his late first wife Linda McCartney respectively. The Beatles producer George Martin also received a heartfelt mention with a solid rendition of The Beatles 1962 debut single Love Me Do.
The most poignant dedication was to late fellow Beatle John Lennon on the eve what would have become his 76th birthday.
McCartney was visibly emotional as he explained how he wrote the 1982 track Here Today in the form of a conversation he wished he had with Lennon before he was killed in 1980. He implored the crowd to heal their own broken bonds: "Don't leave it till it's too late".
Lennon's contribution to The Beatles and solo work was also praised in the form of zesty takes of A Day In the Life and Give Peace a Chance with Young.
To hear Young’s slashing guitar leads alongside McCartney’s burrowing bass lines was simply hair razing stuff.
It was the kind of pinch me moment that Desert Trip was built to deliver.
Neil Young dials up the volume
If McCartney’s performance was all heart, then Neil Young’s showing was mostly muscle.
The 70-year-old Canadian singer delivered a blistering greatest hits set that showcased the various facets and characters he had employed throughout his career, from the tender balladeer to a raging rocker and fierce environmentalist.
It was easily the most politically potent set of the festival thus far. It started gently however. Young shuffled onto the stage with trademark black hat, ragged shirt and jeans. With his harmonica attached, he launched into a four-song solo acoustic section featuring After The Gold Rush, a tastefully rendered Heart of Gold and the haunting Comes A Time.
The affair kicked up a gear with the arrival of Young's backing band, the youthful American rockers Promise of the Real.
The critics of their joint tour were correct. Always looking for new challenges — whether its building a new car from scratch or music streaming device — Young decision to play with the young bucks provides some of his vintage material with a much added boost to match his potent lyrics.
In the taught Neighbourhood, Young’s guitar is ever so brittle as he details community paranoia regarding “those with funny names”.
The tension built up further with Words (Between The Lines Of Age), with its allusion to the empty rhetoric colouring the North American political landscape.
Walk On was a set highlight, the 1974 track is about as close as Young gets to a genuine pop rock tune with its endorphin releasing chorus.
That levity only set things up for the epic Down By The River, which was an electrifying and malevolent guitar jam. For nearly 15 minutes Young and the young things were outdoing themselves in guitar theatrics as their riffs rung, raged and screeched to induce an almost hallucinogenic state.
Addressing Donald Trump use of Young's enduring anthem and set closer Keep On Rocking on the Free World as part of his campaign, Young chided the presidential nominee and suggested the use penultimate song instead, the punkish Welfare Mothers.
It was a pointed rebuke to Trump divisive style of politics; the 1979 track is a mirthful look at the struggles at the lower class.
It perhaps served as a reminder to us too. With Desert Trip five star arrangements and musical line up, Young told the crowd “look after the person next to you”. He then walked off, class was over.
sasaeed@thenational.ae
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
Ain Dubai in numbers
126: The length in metres of the legs supporting the structure
1 football pitch: The length of each permanent spoke is longer than a professional soccer pitch
16 A380 Airbuses: The equivalent weight of the wheel rim.
9,000 tonnes: The amount of steel used to construct the project.
5 tonnes: The weight of each permanent spoke that is holding the wheel rim in place
192: The amount of cable wires used to create the wheel. They measure a distance of 2,4000km in total, the equivalent of the distance between Dubai and Cairo.
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)
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
APPLE IPAD MINI (A17 PRO)
Display: 21cm Liquid Retina Display, 2266 x 1488, 326ppi, 500 nits
Chip: Apple A17 Pro, 6-core CPU, 5-core GPU, 16-core Neural Engine
Storage: 128/256/512GB
Main camera: 12MP wide, f/1.8, digital zoom up to 5x, Smart HDR 4
Front camera: 12MP ultra-wide, f/2.4, Smart HDR 4, full-HD @ 25/30/60fps
Biometrics: Touch ID, Face ID
Colours: Blue, purple, space grey, starlight
In the box: iPad mini, USB-C cable, 20W USB-C power adapter
Price: From Dh2,099
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Results
6.30pm: Mazrat Al Ruwayah – Group 2 (PA) $36,000 (Dirt) 1,600m, Winner: RB Money To Burn, Tadhg O’Shea (jockey), Eric Lemartinel (trainer)
7.05pm: Handicap (TB) $68,000 (Turf) 2,410m, Winner: Star Safari, William Buick, Charlie Appleby
7.40pm: Meydan Trophy – Conditions (TB) $50,000 (T) 1,900m, Winner: Secret Protector, William Buick, Charlie Appleby
8.15pm: Al Maktoum Challenge Round 2 - Group 2 (TB) $293,000 (D) 1,900m, Winner: Salute The Soldier, Adrie de Vries, Fawzi Nass
8.50pm: Al Rashidiya – Group 2 (TB) $163,000 (T) 1,800m, Winner: Zakouski, William Buick, Charlie Appleby
9.25pm: Handicap (TB) $65,000 (T) 1,000m, Winner: Motafaawit, Sam Hitchcock, Doug Watson
Dubai works towards better air quality by 2021
Dubai is on a mission to record good air quality for 90 per cent of the year – up from 86 per cent annually today – by 2021.
The municipality plans to have seven mobile air-monitoring stations by 2020 to capture more accurate data in hourly and daily trends of pollution.
These will be on the Palm Jumeirah, Al Qusais, Muhaisnah, Rashidiyah, Al Wasl, Al Quoz and Dubai Investment Park.
“It will allow real-time responding for emergency cases,” said Khaldoon Al Daraji, first environment safety officer at the municipality.
“We’re in a good position except for the cases that are out of our hands, such as sandstorms.
“Sandstorms are our main concern because the UAE is just a receiver.
“The hotspots are Iran, Saudi Arabia and southern Iraq, but we’re working hard with the region to reduce the cycle of sandstorm generation.”
Mr Al Daraji said monitoring as it stood covered 47 per cent of Dubai.
There are 12 fixed stations in the emirate, but Dubai also receives information from monitors belonging to other entities.
“There are 25 stations in total,” Mr Al Daraji said.
“We added new technology and equipment used for the first time for the detection of heavy metals.
“A hundred parameters can be detected but we want to expand it to make sure that the data captured can allow a baseline study in some areas to ensure they are well positioned.”
Where to buy
Limited-edition art prints of The Sofa Series: Sultani can be acquired from Reem El Mutwalli at www.reemelmutwalli.com
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COMPANY PROFILE
Name: Qyubic
Started: October 2023
Founder: Namrata Raina
Based: Dubai
Sector: E-commerce
Current number of staff: 10
Investment stage: Pre-seed
Initial investment: Undisclosed
Empire of Enchantment: The Story of Indian Magic
John Zubrzycki, Hurst Publishers
Sole survivors
- Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
- George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
- Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
- Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.
How Sputnik V works
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.”