The two-day International Indian Film Academy Awards in Abu Dhabi drew to a close on Saturday night, with some of Bollywood’s biggest names taking to the green carpet for the event’s finale.
Filipino designer Michael Cinco, who lives in Dubai, served up some of the night’s most dramatic looks, including a gown worn by Kriti Sanon, who went on to pick up the best actress award. Her mermaid dress featured a bejewelled bodice, mesh panelling on the sides and a ruffled neon yellow fishtail train.
Cinco also created a hand-printed green couture ball gown for actress Nargis Fakhri, with bejewelled straps, while Divya Khosla Kumar wore a white Cinco couture gown with an embroidered corseted bodice and asymmetric ruffled skirt. Actress Urvashi Rautela wore an embellished dress with low neckline and draping sleeves, also by Cinco.
“FYI, this dress glows in the dark,” Fakhri wrote on her Instagram stories, while also showing Cinco and his team behind the scenes painstakingly assembling her gown.
Indian designers also made a strong appearance on the IIFA Awards green carpet. Aishwarya Rai Bachchan took to the green carpet with her husband Abhishek Amitabh Bachchan wearing a Rohit Bal outfit with floral accents. Actor Ananya Panday wore a sequinned ivory sari by Manish Malhotra. She posted an image of her look on Instagram before making her way to the green carpet, with the caption: “My first sari moment and it has to be in my fave, Manish Malhotra.”
Actress Tamannaah, meanwhile, opted for a fitted, pale pink, sequinned dress by Mumbai designer Amit Aggarwal. Amruta Khanvilkar wore a striking black and white mermaid gown by Alpana Neeraj. Sharvari wore a gown by Delhi’s Abhishek Sharma Studio to pick up her award for Best Debut Female, while popular South Indian actress Priyamani wore a traditional sari by Sacred Weavers.
Sara Ali Khan wore a heavily embroidered, pearl-encrusted peplum top with covered buttons, paired with kick-flare, lace-bottomed trousers by Pakistani designer Faraz Manan. And singer Zahra Khan wore a pale pink gown with a sweetheart neckline and oversized bow detailing at the waist, by Lebanese designer Ziad Germanos.
Bollywood’s male stars also did not disappoint in the style stakes. Indian actor Shahid Kapoor sported a touch of sparkle on his black evening jacket, while actor Vishal Kotian donned a red tuxedo. Vicky Kaushal donned traditional black tie, while Suniel Shetty opted for a lower-key approach, pairing his grey suit with white trainers.
The IIFA Awards celebrate the best of Bollywood films from the past year, but this year focused on films from the past two years, as the event was cancelled in 2020 and 2021 owing to the pandemic.
Top stars of the Hindi film industry, including Shahid Kapoor, Aishwarya Rai Bachchan and Abhishek Bachchan, attended the two-day event in the capital, which kicked off with Friday's IIFA Rocks.
Hosted by director Farah Khan Kunder and actor Aparshakti Khurana, the event featured performances by popular singers including Yo Yo Honey Singh, Guru Randhawa, Neha Kakkar and Dhvani Bhanushali.
The specs
- Engine: 3.9-litre twin-turbo V8
- Power: 640hp
- Torque: 760nm
- On sale: 2026
- Price: Not announced yet
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Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
Final results:
Open men
Australia 94 (4) beat New Zealand 48 (0)
Plate men
England 85 (3) beat India 81 (1)
Open women
Australia 121 (4) beat South Africa 52 (0)
Under 22 men
Australia 68 (2) beat New Zealand 66 (2)
Under 22 women
Australia 92 (3) beat New Zealand 54 (1)
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
Who are the Sacklers?
The Sackler family is a transatlantic dynasty that owns Purdue Pharma, which manufactures and markets OxyContin, one of the drugs at the centre of America's opioids crisis. The family is well known for their generous philanthropy towards the world's top cultural institutions, including Guggenheim Museum, the National Portrait Gallery, Tate in Britain, Yale University and the Serpentine Gallery, to name a few. Two branches of the family control Purdue Pharma.
Isaac Sackler and Sophie Greenberg were Jewish immigrants who arrived in New York before the First World War. They had three sons. The first, Arthur, died before OxyContin was invented. The second, Mortimer, who died aged 93 in 2010, was a former chief executive of Purdue Pharma. The third, Raymond, died aged 97 in 2017 and was also a former chief executive of Purdue Pharma.
It was Arthur, a psychiatrist and pharmaceutical marketeer, who started the family business dynasty. He and his brothers bought a small company called Purdue Frederick; among their first products were laxatives and prescription earwax remover.
Arthur's branch of the family has not been involved in Purdue for many years and his daughter, Elizabeth, has spoken out against it, saying the company's role in America's drugs crisis is "morally abhorrent".
The lawsuits that were brought by the attorneys general of New York and Massachussetts named eight Sacklers. This includes Kathe, Mortimer, Richard, Jonathan and Ilene Sackler Lefcourt, who are all the children of either Mortimer or Raymond. Then there's Theresa Sackler, who is Mortimer senior's widow; Beverly, Raymond's widow; and David Sackler, Raymond's grandson.
Members of the Sackler family are rarely seen in public.
First-round leaderbaord
-5 C Conners (Can)
-3 B Koepka (US), K Bradley (US), V Hovland (Nor), A Wise (US), S Horsfield (Eng), C Davis (Aus);
-2 C Morikawa (US), M Laird (Sco), C Tringale (US)
Selected others: -1 P Casey (Eng), R Fowler (US), T Hatton (Eng)
Level B DeChambeau (US), J Rose (Eng)
1 L Westwood (Eng), J Spieth (US)
3 R McIlroy (NI)
4 D Johnson (US)