Daniel Sennheiser, CEO of Sennheiser, pictured in Dubai. Pawan Singh / The National
Daniel Sennheiser, CEO of Sennheiser, pictured in Dubai. Pawan Singh / The National
Daniel Sennheiser, CEO of Sennheiser, pictured in Dubai. Pawan Singh / The National
Daniel Sennheiser, CEO of Sennheiser, pictured in Dubai. Pawan Singh / The National

Off hours: Sennheiser co-chief makes sweet music


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Daniel Sennheiser is the co-chief executive of Sennheiser, the German consumer and professional audio equipment manufacturer founded by his grandfather Fritz Sennheiser in 1945. Before joining the family business in 2008, Mr Sennheiser, 42, served as Procter & Gamble’s director of design and innovation for Europe, the Middle East and Africa. He lives in Zurich with his wife and two children.

How do you spend your weekend?

I have a young family, which tends to ground you very well. On the weekend I return to our family home in Zurich and have a normal family life, doing normal things like taking out the trash. I’m a bit surprised that I’m able to switch off so readily. It’s something I’ve learnt to get better at over time. And it is something that small children are very good at helping with.

How did you become a chief executive?

Well, my surname helps, but it really didn’t guarantee anything. It was a very stringent process I had to go through before being appointed. I share the chief executive position with my brother Andreas, and we both had to go through quite an intensive programme of preparation. Both of us have quite a lot of outside experience. I’ve spent 14 years in senior roles with companies such as Ogilvy and Proctor & Gamble. If I hadn’t had a successful career in those companies, I wouldn’t have got to be where I am now. Starting out, I was convinced that I would never work for Sennheiser but then I later came to realise there was something really special in the company. It’s a large responsibility, but it’s great to have such a role in the company.

What is your go-to gadget?

Outside of work, the gadgets I really love using in my free time are my guitars. If I had to choose, it’d be one made by Duesenberg, a smaller German guitar maker. It’s a beautiful instrument.

What was the lowest point of your career?

I remember it well. Directly out of university I started my own business, but quickly realised how hard it was. After four years I felt that it was not large enough to grow, and not small enough to die, so reluctantly I decided to close it down. It was a really, really tough decision to make, to be seen not to have succeeded, especially with my family heritage. In hindsight I understand what happened but did not at the time. It was a very difficult moment but very helpful in the long run, making me a better businessman.

What advice would you offer others starting out in your business?

Know your customer – that’s the most important part. You need to observe the customer in what they’re doing and how they act. You don’t always want to give them what they want because you have to be a step ahead, but really observing them and discovering their fundamental needs is so important, because everything else can change.

What is your most indulgent habit?

I love to travel and fortunately I get to travel a lot with my work. But I also love to travel with my wife and kids, and that’s probably our biggest budget item. Here in the region, we’ve been several times to Oman, which we love. I also love Asia; I find it fascinating to witness the differences between the culture in a place such as Vietnam on the one hand, and then something like the megacities of China and Hong Kong on the other. Aside from that, I love cooking for the family on the weekends. That’s indulgence on a different level.

What do you have on your desk at work?

I don’t actually have a permanent physical desk, as I travel so much. I use a touchdown space wherever I am at any given moment, so I don’t have any physical objects beyond what I’m working with.

What can’t you live without?

Family and music. Everything else can go. I like all types of music, it just depends on what kind of mood I’m in. It can range from a classical or modern classical piece, a bit of jazz, or some hard rock like AC/DC.

How do you achieve a work-life balance?

When I’m with my family, it’s the only thing that counts. If I’m not with my family I can’t switch off.

If you could swap jobs with anyone, who would it be and why?

My co-chief executive brother. It took me a long time to get to realise it, but I feel as if I really have the best job in the world.

jeverington@thenational.ae

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The President's Cake

Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

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

Trump v Khan

2016: Feud begins after Khan criticised Trump’s proposed Muslim travel ban to US

2017: Trump criticises Khan’s ‘no reason to be alarmed’ response to London Bridge terror attacks

2019: Trump calls Khan a “stone cold loser” before first state visit

2019: Trump tweets about “Khan’s Londonistan”, calling him “a national disgrace”

2022:  Khan’s office attributes rise in Islamophobic abuse against the major to hostility stoked during Trump’s presidency

July 2025 During a golfing trip to Scotland, Trump calls Khan “a nasty person”

Sept 2025 Trump blames Khan for London’s “stabbings and the dirt and the filth”.

Dec 2025 Trump suggests migrants got Khan elected, calls him a “horrible, vicious, disgusting mayor”

Mia Man’s tips for fermentation

- Start with a simple recipe such as yogurt or sauerkraut

- Keep your hands and kitchen tools clean. Sanitize knives, cutting boards, tongs and storage jars with boiling water before you start.

- Mold is bad: the colour pink is a sign of mold. If yogurt turns pink as it ferments, you need to discard it and start again. For kraut, if you remove the top leaves and see any sign of mold, you should discard the batch.

- Always use clean, closed, airtight lids and containers such as mason jars when fermenting yogurt and kraut. Keep the lid closed to prevent insects and contaminants from getting in.

 

Quick pearls of wisdom

Focus on gratitude: And do so deeply, he says. “Think of one to three things a day that you’re grateful for. It needs to be specific, too, don’t just say ‘air.’ Really think about it. If you’re grateful for, say, what your parents have done for you, that will motivate you to do more for the world.”

Know how to fight: Shetty married his wife, Radhi, three years ago (he met her in a meditation class before he went off and became a monk). He says they’ve had to learn to respect each other’s “fighting styles” – he’s a talk it-out-immediately person, while she needs space to think. “When you’re having an argument, remember, it’s not you against each other. It’s both of you against the problem. When you win, they lose. If you’re on a team you have to win together.” 

LIVING IN...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

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'Operation Mincemeat' 

Director: John Madden 

 

Cast: Colin Firth, Matthew Macfayden, Kelly Macdonald and Penelope Wilton

 

Rating: 4/5

 
How the bonus system works

The two riders are among several riders in the UAE to receive the top payment of £10,000 under the Thank You Fund of £16 million (Dh80m), which was announced in conjunction with Deliveroo's £8 billion (Dh40bn) stock market listing earlier this year.

The £10,000 (Dh50,000) payment is made to those riders who have completed the highest number of orders in each market.

There are also riders who will receive payments of £1,000 (Dh5,000) and £500 (Dh2,500).

All riders who have worked with Deliveroo for at least one year and completed 2,000 orders will receive £200 (Dh1,000), the company said when it announced the scheme.

Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

Three tips from La Perle's performers

1 The kind of water athletes drink is important. Gwilym Hooson, a 28-year-old British performer who is currently recovering from knee surgery, found that out when the company was still in Studio City, training for 12 hours a day. “The physio team was like: ‘Why is everyone getting cramps?’ And then they realised we had to add salt and sugar to the water,” he says.

2 A little chocolate is a good thing. “It’s emergency energy,” says Craig Paul Smith, La Perle’s head coach and former Cirque du Soleil performer, gesturing to an almost-empty open box of mini chocolate bars on his desk backstage.

3 Take chances, says Young, who has worked all over the world, including most recently at Dragone’s show in China. “Every time we go out of our comfort zone, we learn a lot about ourselves,” she says.

England Test squad

Joe Root (captain), Moeen Ali, James Anderson, Jonny Bairstow (wicketkeeper), Stuart Broad, Jos Buttler, Alastair Cook, Sam Curran, Keaton Jennings, Dawid Malan, Jamie Porter, Adil Rashid, Ben Stokes.

Company profile

Date started: Founded in May 2017 and operational since April 2018

Founders: co-founder and chief executive, Doaa Aref; Dr Rasha Rady, co-founder and chief operating officer.

Based: Cairo, Egypt

Sector: Health-tech

Size: 22 employees

Funding: Seed funding 

Investors: Flat6labs, 500 Falcons, three angel investors

Winners

Best Men's Player of the Year: Kylian Mbappe (PSG)

Maradona Award for Best Goal Scorer of the Year: Robert Lewandowski (Bayern Munich)

TikTok Fans’ Player of the Year: Robert Lewandowski

Top Goal Scorer of All Time: Cristiano Ronaldo (Manchester United)

Best Women's Player of the Year: Alexia Putellas (Barcelona)

Best Men's Club of the Year: Chelsea

Best Women's Club of the Year: Barcelona

Best Defender of the Year: Leonardo Bonucci (Juventus/Italy)

Best Goalkeeper of the Year: Gianluigi Donnarumma (PSG/Italy)

Best Coach of the Year: Roberto Mancini (Italy)

Best National Team of the Year: Italy 

Best Agent of the Year: Federico Pastorello

Best Sporting Director of the Year: Txiki Begiristain (Manchester City)

Player Career Award: Ronaldinho

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