• Cannes jury member Deepika Padukone, wearing a red satin gown by Louis Vuitton, attends the screening of 'Armageddon Time' during the 75th annual Cannes Film Festival at Palais des Festivals on May 19, 2022. Getty Images
    Cannes jury member Deepika Padukone, wearing a red satin gown by Louis Vuitton, attends the screening of 'Armageddon Time' during the 75th annual Cannes Film Festival at Palais des Festivals on May 19, 2022. Getty Images
  • Aishwarya Rai in a dramatic structured dress by Gaurav Gupta. AP
    Aishwarya Rai in a dramatic structured dress by Gaurav Gupta. AP
  • Anne Hathaway in a white sequin dress by Armani Prive. AP
    Anne Hathaway in a white sequin dress by Armani Prive. AP
  • Julia Roberts in a black tuxedo-style jumpsuit. Getty Images
    Julia Roberts in a black tuxedo-style jumpsuit. Getty Images
  • Alessandra Ambrosio in a dramatic white satin gown by Stephane Rolland. Getty Images
    Alessandra Ambrosio in a dramatic white satin gown by Stephane Rolland. Getty Images
  • Model Jasmine Tookes in a metallic embellished two-piece. Getty Images
    Model Jasmine Tookes in a metallic embellished two-piece. Getty Images
  • Iranian model Mahlagha Jaberi attends. Getty Images
    Iranian model Mahlagha Jaberi attends. Getty Images
  • Belgian model Rose Bertram attends. Getty Images
    Belgian model Rose Bertram attends. Getty Images
  • German actress Lilly Krug arrives. Getty Images
    German actress Lilly Krug arrives. Getty Images
  • German model Emma Todt arrives. Getty Images
    German model Emma Todt arrives. Getty Images
  • Senegalese TikTok star Khaby Lame arrives. Getty Images
    Senegalese TikTok star Khaby Lame arrives. Getty Images
  • British singer-songwriter Tallia Storm arrives. Getty Images
    British singer-songwriter Tallia Storm arrives. Getty Images
  • Lebanese influencer from Dubai Paola El Sitt arrives. Getty Images
    Lebanese influencer from Dubai Paola El Sitt arrives. Getty Images
  • French social media personality Paola Locatelli. Getty Images
    French social media personality Paola Locatelli. Getty Images
  • French actress Josephine Japy. Reuters
    French actress Josephine Japy. Reuters
  • Producer Mohammed Al Turki arrives. Getty Images
    Producer Mohammed Al Turki arrives. Getty Images
  • Gaia Gonzalez arrives. Getty Images
    Gaia Gonzalez arrives. Getty Images
  • American model Grace Elizabeth arrives. EPA
    American model Grace Elizabeth arrives. EPA
  • Slovak model and actress Adriana Karembeu. Getty Images
    Slovak model and actress Adriana Karembeu. Getty Images
  • Beauty influencer Militza Yovanka. Getty Images
    Beauty influencer Militza Yovanka. Getty Images
  • German influencer Leonie Hanne arrives. EPA
    German influencer Leonie Hanne arrives. EPA
  • American blogger and influencer Jessica Wang. EPA
    American blogger and influencer Jessica Wang. EPA
  • US actress and singer Kat Graham. EPA
    US actress and singer Kat Graham. EPA
  • Indian model and actress Nidhi Sunil. EPA
    Indian model and actress Nidhi Sunil. EPA
  • French model Cindy Bruna. EPA
    French model Cindy Bruna. EPA
  • Jury member and British actress Rebecca Hall. EPA
    Jury member and British actress Rebecca Hall. EPA
  • Dubai influencer Farhana Bodi arrives. Getty Images
    Dubai influencer Farhana Bodi arrives. Getty Images
  • Indian influencer Masoom Minawala. Getty Images
    Indian influencer Masoom Minawala. Getty Images
  • Christian Dior's public relations director Mathilde Favier. Getty Images
    Christian Dior's public relations director Mathilde Favier. Getty Images
  • Russian artist Natalia Kapchuk. Getty Images
    Russian artist Natalia Kapchuk. Getty Images

Cannes Film Festival fashion: Deepika Padukone and Aishwarya Rai dazzle on the red carpet


Sophie Prideaux
  • English
  • Arabic

Indian stars shone on the red carpet on day three of the Cannes Film Festival, with Deepika Padukone and Aishwarya Rai making style statements for the premiere of Armageddon Time.

The screening of James Gray’s period drama, which stars Anne Hathaway, Anthony Hopkins and Jeremy Strong, took place on Thursday, and proved to be one of the festival’s most glamorous yet.

Padukone, who is a jury member for the festival’s 75th anniversary year, wore a red strapless satin gown by Louis Vuitton, paired with a statement diamond necklace by Cartier.

Rai, meanwhile, wore a dramatic architectural gown in pale pink, covered with silver embellishment, by Indian designer Gaurav Gupta.

Hathaway was, of course, on hand for the film’s premiere, walking the red carpet in a white sequinned strapless gown by Armani Prive, paired with a bow-shaped shawl and a sapphire necklace by Chopard.

Julia Roberts also made an appearance, dressed in a black tuxedo-style jumpsuit by Louis Vuitton, paired with a yellow diamond necklace by Chopard.

Also at the premiere were models Jasmine Tookes and Alessandra Ambrosio.

Scroll through the gallery above to see more pictures from the red carpet.

Cannes Film Festival has bounced back to its pre-pandemic glory for its 75th anniversary, with high-profile premieres such as Top Gun: Maverick already taking place, drawing big-name stars to the red carpet.

The long-awaited sequel to the 1986 classic took place at Cannes on Wednesday, accompanied by a dramatic air show by the French Air Force aerobatic team Patrouille de France, which flew overhead, spraying the sky with smoke trails in the French flag colours of red, white and blue.

The film then enjoyed its UK premiere in London on Thursday evening, which was attended by Prince William and Catherine, the Duke and Duchess of Cambridge.

The%20specs
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Our legal consultants

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

What is tokenisation?

Tokenisation refers to the issuance of a blockchain token, which represents a virtually tradable real, tangible asset. A tokenised asset is easily transferable, offers good liquidity, returns and is easily traded on the secondary markets. 

SPECS

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Power: 630hp
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Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
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  • NBA-spec basketball court with auditorium
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COMPANY%20PROFILE%20
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Bio

Born in Dibba, Sharjah in 1972.
He is the eldest among 11 brothers and sisters.
He was educated in Sharjah schools and is a graduate of UAE University in Al Ain.
He has written poetry for 30 years and has had work published in local newspapers.
He likes all kinds of adventure movies that relate to his work.
His dream is a safe and preserved environment for all humankind. 
His favourite book is The Quran, and 'Maze of Innovation and Creativity', written by his brother.

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 specs: 2018 Mazda CX-5

Price, base / as tested: Dh89,000 / Dh130,000
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The Uefa Awards winners

Uefa Men's Player of the Year: Virgil van Dijk (Liverpool)

Uefa Women's Player of the Year: Lucy Bronze (Lyon)

Best players of the 2018/19 Uefa Champions League

Goalkeeper: Alisson (Liverpool)

Defender: Virgil van Dijk (Liverpool)

Midfielder: Frenkie de Jong (Ajax)

Forward: Lionel Messi (Barcelona)

Uefa President's Award: Eric Cantona

Updated: May 20, 2022, 8:23 AM