Diwali or Deepawali is one of the biggest festivals in South Asia. In countries such as India and Nepal, where the so-called festival of lights is a major holiday, many splash out on big purchases such as jewellery, televisions, cars and property. Some even choose to take possession of new homes at this time.
Symbolising the triumph of good over evil and light over darkness, Diwali usually falls in early autumn, coinciding with the new moon, deemed the darkest night of the Hindu lunar calendar. This is why the festival's dates change every year.
This year, celebrations began on October 18 with Dhanteras, with main Diwali falling on Monday, October 20.
While for many, Diwali honours the Hindu goddess of wealth Lakshmi, with lights and lamps said to welcome her and bring prosperity, for others it celebrates the return of Hindu deity Ram to Ayodhya, having rescued his wife Sita from the clutches of the mythological demon king Ravana.
How is Diwali celebrated?
Predominantly a Hindu festival, other faiths including Jains, Sikhs and some Buddhists also celebrate Diwali. As such, it has become a celebration of positivity and hope, and one that fosters unity and spreads joy among different communities and countries including the UAE (see below for events).
On the first day of celebrations, called Dhanteras, Hindus clean their homes and workplaces, symbolising renewal. Diyas or earthen lamps filled with oil are lit for the next five days and homes are decorated with lights and lanterns.
Many consider the day auspicious to make major purchases, from cars to gadgets. Jewellery, especially gold to appease goddess Lakshmi, is often bought, with jewellery shops in India and the UAE usually enjoying massive surges in sales on the day.
Doorways and entrances to workplaces are also decorated with rangoli, colourful designs made from flower petals, coloured rice or sand, which is meant to attract good luck.
On the second day, called chhoti or small Diwali, a variety of Indian sweets are made at home or bought and then exchanged along with gifts among friends and family.
The third or main day of Diwali is when those celebrating wear new clothes or their best outfits and light fireworks, although this practice has ebbed over the years as people become more environmentally conscious. Parties and special events are held across communities to mark new beginnings, with “Happy Diwali” being the most common greeting.
The fourth day is mostly ritualistic, with many celebrations coinciding with the end of the harvest season.
The last day of the festival is called Bhai Dooj, or brothers' day, and marks the bond between sisters and brothers. Similar to Raksha Bandhan, where sisters tie symbolic charms around their brothers' wrists to ward off evil, during Bhai Dooj, brothers often travel to meet their sisters. On this day, sisters feed their brothers with their hands and receive gifts in return.
What is the commercial significance of Diwali?
Workers often receive bonuses and special gifts ahead of Diwali while sales of gold coins and bars, purchased as investments, surge. In India, the world's biggest gold consumer after China, Diwali is traditionally the time when people buy the most gold as it is considered auspicious.
This year, Dubai Festivals and Retail Establishment has launched a Diwali special where shoppers can win gold coins when they shop at any participating malls in the city until October 28.
Diwali in the UAE
In the UAE, where Indians constitute the largest part of the population, Diwali is celebrated lavishly, with many neighbourhoods lit up for the festival. Dubai Festivals and Retail Establishment will host several events to mark the occasion. Shops and restaurants are also offering special deals and promotions.
Here are some ways to celebrate.
Diwali fireworks
Two Dubai family destinations will light up with fireworks to celebrate the festival of lights, starting with waterfront promenade Al Seef on October 17 and Global Village on October 18, 19, 24 and 25. The fireworks will start at 9pm at all locations.
Noor, Festival of Lights
Al Seef is bringing back its three-day Diwali cultural fair from October 17, where visitors can experience festivities through light exhibitions, art, interactive experiences and performances. There will also be a puppet procession, theatre show, poetry recitations, musical performances, stand-up comedy as well as painting and design workshops spread across the 1.8km promenade.
Diwali Mela
Diwali firework displays aside, Global Village will host a celebration presented by the India Pavilion from October 17 to 20. There will be rangoli art painting across the attraction and themed performances on the main stage. At the country's pavilion, dining options will include street food at Chaat Bazaar plus fine dining at select restaurants.
Jhilmil Diwali
Diwali celebrations have already begun at BurJuman mall, from workshops and Diwali bazaars to roaming performances and game nights featuring quizzes and Antakshari singalongs. The mall is also hosting a baithak or a mini-concert every Saturday, featuring traditional and Bollywood-inspired music. Celebrations continue until October 20 and are free to attend.
Diwali treat box by Cocoa & Chilli
The Dubai bakery has launched a limited-time Diwali treat box with sweet and savoury bites as well as an incense stick stand. The Dh230 box includes madamania sticks, ghee podi nuts, kaju katli tarts and masala chai tarts, and is available to order online.
MyGovindas gift hampers
The UAE restaurant known for its sattvic and vegetarian menu, has launched a series of gift hampers for Diwali. The collection includes festive-favourite sweets, snacks, dry fruits as well as candles and incense sticks. Candles start at Dh9 per piece while gift hampers start at Dh24 for a box of zero-sugar sweets.
Bateel Diwali boxes
The Saudi brand, best known for its dates and gourmet chocolates, is offering confectionery created specially for the festival as well as Diwali-inspired packaging. New in stores across the UAE are two types of eggless biscuits, in pecan sable and almond-chocolate chip flavours; as well as Medjool dates filled with coconut and white chocolate ganache. Those who prefer the brand's signature plain or filled dates, chocolate truffles or maamoul biscuits, can have them packed in vibrantly coloured boxes – think gold with a rangoli pattern.
An earlier version of this story was published on October 2, 2025
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Wicked: For Good
Director: Jon M Chu
Starring: Ariana Grande, Cynthia Erivo, Jonathan Bailey, Jeff Goldblum, Michelle Yeoh, Ethan Slater
Rating: 4/5
UAE currency: the story behind the money in your pockets
The specs
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
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How to play the stock market recovery in 2021?
If you are looking to build your long-term wealth in 2021 and beyond, the stock market is still the best place to do it as equities powered on despite the pandemic.
Investing in individual stocks is not for everyone and most private investors should stick to mutual funds and ETFs, but there are some thrilling opportunities for those who understand the risks.
Peter Garnry, head of equity strategy at Saxo Bank, says the 20 best-performing US and European stocks have delivered an average return year-to-date of 148 per cent, measured in local currency terms.
Online marketplace Etsy was the best performer with a return of 330.6 per cent, followed by communications software company Sinch (315.4 per cent), online supermarket HelloFresh (232.8 per cent) and fuel cells specialist NEL (191.7 per cent).
Mr Garnry says digital companies benefited from the lockdown, while green energy firms flew as efforts to combat climate change were ramped up, helped in part by the European Union’s green deal.
Electric car company Tesla would be on the list if it had been part of the S&P 500 Index, but it only joined on December 21. “Tesla has become one of the most valuable companies in the world this year as demand for electric vehicles has grown dramatically,” Mr Garnry says.
By contrast, the 20 worst-performing European stocks fell 54 per cent on average, with European banks hit by the economic fallout from the pandemic, while cruise liners and airline stocks suffered due to travel restrictions.
As demand for energy fell, the oil and gas industry had a tough year, too.
Mr Garnry says the biggest story this year was the “absolute crunch” in so-called value stocks, companies that trade at low valuations compared to their earnings and growth potential.
He says they are “heavily tilted towards financials, miners, energy, utilities and industrials, which have all been hit hard by the Covid-19 pandemic”. “The last year saw these cheap stocks become cheaper and expensive stocks have become more expensive.”
This has triggered excited talk about the “great value rotation” but Mr Garnry remains sceptical. “We need to see a breakout of interest rates combined with higher inflation before we join the crowd.”
Always remember that past performance is not a guarantee of future returns. Last year’s winners often turn out to be this year’s losers, and vice-versa.
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 chef's advice
Troy Payne, head chef at Abu Dhabi’s newest healthy eatery Sanderson’s in Al Seef Resort & Spa, says singles need to change their mindset about how they approach the supermarket.
“They feel like they can’t buy one cucumber,” he says. “But I can walk into a shop – I feed two people at home – and I’ll walk into a shop and I buy one cucumber, I’ll buy one onion.”
Mr Payne asks for the sticker to be placed directly on each item, rather than face the temptation of filling one of the two-kilogram capacity plastic bags on offer.
The chef also advises singletons not get too hung up on “organic”, particularly high-priced varieties that have been flown in from far-flung locales. Local produce is often grown sustainably, and far cheaper, he says.
Top 10 in the F1 drivers' standings
1. Sebastian Vettel, Ferrari 202 points
2. Lewis Hamilton, Mercedes-GP 188
3. Valtteri Bottas, Mercedes-GP 169
4. Daniel Ricciardo, Red Bull Racing 117
5. Kimi Raikkonen, Ferrari 116
6. Max Verstappen, Red Bull Racing 67
7. Sergio Perez, Force India 56
8. Esteban Ocon, Force India 45
9. Carlos Sainz Jr, Toro Rosso 35
10. Nico Hulkenberg, Renault 26
HUNGARIAN GRAND PRIX RESULT
1. Sebastian Vettel, Ferrari 1:39:46.713
2. Kimi Raikkonen, Ferrari 00:00.908
3. Valtteri Bottas, Mercedes-GP 00:12.462
4. Lewis Hamilton, Mercedes-GP 00:12.885
5. Max Verstappen, Red Bull Racing 00:13.276
6. Fernando Alonso, McLaren 01:11.223
7. Carlos Sainz Jr, Toro Rosso 1 lap
8. Sergio Perez, Force India 1 lap
9. Esteban Ocon, Force India 1 lap
10. Stoffel Vandoorne, McLaren 1 lap
11. Daniil Kvyat, Toro Rosso 1 lap
12. Jolyon Palmer, Renault 1 lap
13. Kevin Magnussen, Haas 1 lap
14. Lance Stroll, Williams 1 lap
15. Pascal Wehrlein, Sauber 2 laps
16. Marcus Ericsson, Sauber 2 laps
17r. Nico Huelkenberg, Renault 3 laps
r. Paul Di Resta, Williams 10 laps
r. Romain Grosjean, Haas 50 laps
r. Daniel Ricciardo, Red Bull Racing 70 laps
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Company name: Farmin
Date started: March 2019
Founder: Dr Ali Al Hammadi
Based: Abu Dhabi
Sector: AgriTech
Initial investment: None to date
Partners/Incubators: UAE Space Agency/Krypto Labs
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How much do leading UAE’s UK curriculum schools charge for Year 6?
- Nord Anglia International School (Dubai) – Dh85,032
- Kings School Al Barsha (Dubai) – Dh71,905
- Brighton College Abu Dhabi - Dh68,560
- Jumeirah English Speaking School (Dubai) – Dh59,728
- Gems Wellington International School – Dubai Branch – Dh58,488
- The British School Al Khubairat (Abu Dhabi) - Dh54,170
- Dubai English Speaking School – Dh51,269
*Annual tuition fees covering the 2024/2025 academic year
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Desert Warrior
Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley
Director: Rupert Wyatt
Rating: 3/5
Squid Game season two
Director: Hwang Dong-hyuk
Stars: Lee Jung-jae, Wi Ha-joon and Lee Byung-hun
Rating: 4.5/5
