• Ranveer Singh poses at the 'Gully Boy' photocall during the 69th Berlinale International Film Festival Berlin at Grand Hyatt Hotel on February 9, 2019 in Berlin, Germany. Getty Images
    Ranveer Singh poses at the 'Gully Boy' photocall during the 69th Berlinale International Film Festival Berlin at Grand Hyatt Hotel on February 9, 2019 in Berlin, Germany. Getty Images
  • Ranveer Singh wearing a pewter metallic jacket attends the Star Screen Awards on December 8, 2019 in Mumbai, India. Prodip Guha
    Ranveer Singh wearing a pewter metallic jacket attends the Star Screen Awards on December 8, 2019 in Mumbai, India. Prodip Guha
  • Ranveer Singh attends the Vogue Women of the Year party on October 19, 2019 in Mumbai, India. Getty Images
    Ranveer Singh attends the Vogue Women of the Year party on October 19, 2019 in Mumbai, India. Getty Images
  • Ranveer Singh attends the Dubai International Film Festival at the Madinat Jumeriah Complex on December 8, 2016 in Dubai, UAE. Getty Images
    Ranveer Singh attends the Dubai International Film Festival at the Madinat Jumeriah Complex on December 8, 2016 in Dubai, UAE. Getty Images
  • Ranveer Singh attends the Dubai International Film Festival at the Madinat Jumeriah Complex on December 7, 2016 in Dubai, UAE. Getty Images
    Ranveer Singh attends the Dubai International Film Festival at the Madinat Jumeriah Complex on December 7, 2016 in Dubai, UAE. Getty Images
  • Ranveer Singh at the 20th International Indian Film Academy (IIFA) awards in Mumbai, India, on September 18, 2019. EPA
    Ranveer Singh at the 20th International Indian Film Academy (IIFA) awards in Mumbai, India, on September 18, 2019. EPA
  • Varun Dhawan at the red carpet of Zee Cine Awards in 2019. Courtesy Zee Cine Awards
    Varun Dhawan at the red carpet of Zee Cine Awards in 2019. Courtesy Zee Cine Awards
  • Varun Dhawan dressed as character Junaid Ansari during the filming of 'Dishoom'. Courtesy Nadiadwala Grandson Entertainment
    Varun Dhawan dressed as character Junaid Ansari during the filming of 'Dishoom'. Courtesy Nadiadwala Grandson Entertainment
  • Shahid Kapoor and Mira Rajput attend the wedding reception of Akash Ambani in Mumbai, India, on March 10, 2019. EPA
    Shahid Kapoor and Mira Rajput attend the wedding reception of Akash Ambani in Mumbai, India, on March 10, 2019. EPA
  • Shahid Kapoor works a zip-through jacket, sweatpants and Dolce & Gabbana sneakers. Courtesy Instagram
    Shahid Kapoor works a zip-through jacket, sweatpants and Dolce & Gabbana sneakers. Courtesy Instagram
  • Actor and producer John Abraham looks sharp in a classic white shirt and jeans. Courtesy Instagram
    Actor and producer John Abraham looks sharp in a classic white shirt and jeans. Courtesy Instagram
  • John Abraham takes to the catwalk to display a creation by Narendra Kumar at the Lakme Fashion Week in Mumbai, India, on October 17, 2007. EPA
    John Abraham takes to the catwalk to display a creation by Narendra Kumar at the Lakme Fashion Week in Mumbai, India, on October 17, 2007. EPA
  • John Abraham attends the trailer launch of upcoming Hindi film ‘Welcome Back’ in Mumbai on July 6, 2015. AFP
    John Abraham attends the trailer launch of upcoming Hindi film ‘Welcome Back’ in Mumbai on July 6, 2015. AFP
  • Amitabh Bachchan arrives for the tribute to Hindi cinema at the 12th Marrakech International Film Festival on December 1, 2012 in Marrakech, Morocco. Getty Images
    Amitabh Bachchan arrives for the tribute to Hindi cinema at the 12th Marrakech International Film Festival on December 1, 2012 in Marrakech, Morocco. Getty Images
  • Amitabh Bachchan poses on stage during the Indian Film Festival of Melbourne Awards at Princess Theatre on May 2, 2014 in Melbourne, Australia. Getty Images
    Amitabh Bachchan poses on stage during the Indian Film Festival of Melbourne Awards at Princess Theatre on May 2, 2014 in Melbourne, Australia. Getty Images
  • Amitabh Bachchan and Leonardo DiCaprio attend the Cannes Film Festival at the Theatre Lumiere on May 15, 2013 in Cannes, France. Getty Images
    Amitabh Bachchan and Leonardo DiCaprio attend the Cannes Film Festival at the Theatre Lumiere on May 15, 2013 in Cannes, France. Getty Images

From Amitabh Bachchan to Ranveer Singh: The best-dressed men in Bollywood


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It's not just the women of Bollywood who impress on the red carpet.

Following Diljit Dosanjh’s recent birthday, when he stepped out looking nothing short of remarkable in a bronze-coloured suit, we thought it high time to look at the Bollywood stars known for their sartorial snap.

Here are the six actors worth following for fashion inspiration.

Ranveer Singh

The Gully Boy actor is well known for his flamboyant style, effortlessly moving from sharp tailoring to vibrant colour clashes. Boldly mixing floral prints, patterned suits and cuts in his expression of creativity, Singh tops it all with his trademark moustache and even the odd foray into eyeliner. Clearly a man who enjoys the fun side of fashion, he never takes his wardrobe, nor himself, too seriously.

Varun Dhawan

He might be one of India’s highest-paid stars, but when it comes to his off-duty look, Dhawan tends to favour a simple T-shirt and hoodie combo in keeping with his dance-action star credentials. However, his sense of style really shines through when dressed in a kurta. He has a canny knack for mixing the traditional dress with a waistcoat, wearing it with hugely oversized pants, or donning unexpected colours such as royal blue, baby pink and even khaki green.

Diljit Dosanjh

This is a man who knows how to wear a suit, making a slim-fit, double-breasted version look effortless. Worn in tones of grey, through to lilac and even purple, he always carries himself with an air of panache. Dosanjh, mainly known as a singer, switches his look to incorporate oversized, hip-hop camo for the stage and videos, which he pulls off with similar aplomb.

Shahid Kapoor

For his off-screen moments, the actor definitely favours a more laid-back approach, with open-necked shirts and casual T-shirts. For dressier moments, however, the Kabir Singh star looks great in a suit, such as a single-breasted style clad in demure checks. Kapoor typically enjoys mixing up relaxed bomber jackets with distressed jeans and, thanks to his ever-changing hair, his look seldom feels repetitive.

John Abraham

An actor who started out as a model, Abraham has mastered the art of dressing for his build, making a classic shirt and jeans combo look both elegant and confident. On the rare occasion he is seen in a suit, he usually tempers it with a V-neck T-shirt, keeping to his relaxed personal style.

Amitabh Bachchan

Not so much an actor as Bollywood royalty, Bachchan has just celebrated five decades in cinema, during which he has never looked anything short of impeccable. As the man other well-dressed men cite as their inspiration, Bachchan has a well-honed repertoire to choose from, be it well-cut suits, a perfectly tied trench coat, a beautifully embroidered Nehru jacket, or even the odd hoodie. 

Big B, as he is affectionately known by millions of fans, has been showing off his sense of dress since the 1970s, when he stepped out in mocha-coloured suits, trimmed with burnt chocolate velvet. Now more prone to crisp single-breasted suits (think tie pin, pocket square and a jewelled lapel) in rich blacks, his emphasis is on a clean silhouette and immaculate details.

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Read more:

From Bloomingdale's to Bally: Five major fashion brands that you can now shop online in the UAE

Why Kurt Cobain's cardigan is the fashion inspiration we didn’t know we needed in 2021

Arab Fashion Council to launch first menswear fashion week in Dubai

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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 National Archives, Abu Dhabi

Founded over 50 years ago, the National Archives collects valuable historical material relating to the UAE, and is the oldest and richest archive relating to the Arabian Gulf.

Much of the material can be viewed on line at the Arabian Gulf Digital Archive - https://www.agda.ae/en

THE BIO

Bio Box

Role Model: Sheikh Zayed, God bless his soul

Favorite book: Zayed Biography of the leader

Favorite quote: To be or not to be, that is the question, from William Shakespeare's Hamlet

Favorite food: seafood

Favorite place to travel: Lebanon

Favorite movie: Braveheart

Gifts exchanged
  • King Charles - replica of President Eisenhower Sword
  • Queen Camilla -  Tiffany & Co vintage 18-carat gold, diamond and ruby flower brooch
  • Donald Trump - hand-bound leather book with Declaration of Independence
  • Melania Trump - personalised Anya Hindmarch handbag
Gender pay parity on track in the UAE

The UAE has a good record on gender pay parity, according to Mercer's Total Remuneration Study.

"In some of the lower levels of jobs women tend to be paid more than men, primarily because men are employed in blue collar jobs and women tend to be employed in white collar jobs which pay better," said Ted Raffoul, career products leader, Mena at Mercer. "I am yet to see a company in the UAE – particularly when you are looking at a blue chip multinationals or some of the bigger local companies – that actively discriminates when it comes to gender on pay."

Mr Raffoul said most gender issues are actually due to the cultural class, as the population is dominated by Asian and Arab cultures where men are generally expected to work and earn whereas women are meant to start a family.

"For that reason, we see a different gender gap. There are less women in senior roles because women tend to focus less on this but that’s not due to any companies having a policy penalising women for any reasons – it’s a cultural thing," he said.

As a result, Mr Raffoul said many companies in the UAE are coming up with benefit package programmes to help working mothers and the career development of women in general. 

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.”

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