Saudi Arabia’s flagship fashion event, Fashion Futures, made its debut as a re-engineered digital platform on Thursday, with an online conference titled Fashion Futures Live: Moving Towards Sustainability, Diversity and Innovation.
Broadcast simultaneously from Riyadh and New York, the event featured Saudi, regional and international designers and industry experts in a series of keynote addresses, speeches and panel discussions.
Content was divided into four key pillars: entrepreneurship and experimentation; diversity, inclusion and the importance of empowering women, particularly not just as consumers but also as fashion producers; investment in new business models; and furthering the sustainable development goals.
The event kicked off with a keynote address from Noura bint Faisal Al Saud, sector development director of the Fashion Commission at Saudi's Ministry of Culture, who highlighted the importance of collaboration, a recurring theme throughout the day.
“We are living in a transition point in the planet, after 200 year of industrialisation. Our generation are the luminaries of this new era. We need collaboration; we need as soon as possible to change knowledge and practises,” said Oskar Metsavaht, founder of fashion brand Osklin and a Unesco ambassador for sustainability in Brazil, in a panel session called Building a Legacy: Fashion x Design.
We are living in a transition point in the planet, after 200 year of industrialisation.
Metsavaht went on to describe sustainability as a creative opportunity for designers. “Sustainability is a wonderful new field for designers. It’s a fertile field for us to research new materials. As designers we are used to designing with standard materials that were discovered hundreds of years ago. Sustainability is about searching for new materials.”
An advocate of a “new luxury” that combines ethics and aesthetics, Metsavaht believes that sustainability must become ingrained in designers’ mindsets, as opposed to being an afterthought or marketing ploy, as is often still the case. “It’s about changing the culture of companies and designers. Sustainability shouldn’t be something extra; it should be part of the thinking from the beginning,” he said.
It was a viewpoint shared in the same session by Nadja Swarovski, chair of the Swarovski Foundation, who highlighted how fashion has always been about “creative problem solving” and noted that the pandemic could reflect a tipping point for the industry and society at large.
“This reset that Covid has evoked is calling for a reconsideration of values, and encouraging more consideration towards each other and towards the planet,” she said.
Meanwhile, Sara Sozzano Maino, deputy director of Vogue Italia and head of Vogue Talents, stressed the importance of awareness and education, suggesting that ideas like conscious consumerism and responsible decision-making could be introduced as early on as kindergarten and throughout school, so it becomes integral to the consumer mindset. "It is about thinking in a different way," she said.
The audience also heard from successful entrepreneurs such as Sebastien Kopp, co-founder of ecological footwear company Veja, who started the brand out of a desire to “create a different breed of sneaker. We wanted to deconstruct the sneaker and build it in a different way."
Veja's trainers are crafted out of organic cotton and natural Amazonian rubber, which are purchased according to fair trade principles. The company also famously does zero advertising, preferring to channel that spend into the supply chain instead. "We’ve tried to create the company that we wanted to work in when we were younger," said Kopp.
Also featured was entrepreneur Katia Beauchamp, who founded Birchbox in 2010, after realising that only two per cent of beauty purchases were being made online. She realised that the overwhelming amount of choice in this segment, plus the fact that consumers want to try products on before investing, meant they were wary of using the Internet to make beauty purchases.
In response, she launched an online monthly subscription service that sends its subscribers a box of targeted make-up and skincare samples. She recounted the highs and lows of her entrepreneurship journey, but also stressed the importance of women creating and building businesses for other women.
Across the board, whether discussing sustainable design thinking, leadership or diversity and inclusion, panelists repeatedly stressed the need for greater dialogue, more perseverance and more “connecting of the dots”.
Abrima Eriwah, co-founder and director of Studio One Eighty Nine, also noted the importance of “having the patience to do the marathon, not the sprint.”
Morten Lehmann, chief sustainability officer at the Global Fashion Agenda, perhaps best summed up proceedings when he said: “If we can change fashion, which is so complex and so fragmented, we can change everything. We can inspire other industries, as well as individuals, to follow suit.”
Racecard
6.35pm: The Madjani Stakes – Group 2 (PA) Dh97,500 (Dirt) 1,900m
7.10pm: Evidenza – Handicap (TB) Dh87,500 (D) 1,200m
7.45pm: The Longines Conquest – Maiden (TB) Dh82,500 (D) 2,000m
8.20: The Longines Elegant – Conditions (TB) Dh82,500 (D)
8.35pm: The Dubai Creek Mile – Listed (TB) Dh132,500 (D) 1,600m
9.30pm: Mirdif Stakes – Conditions (TB) Dh120,000 (D) 1,400m
10.05pm: The Longines Record – Handicap (TB) Dh87,500 (D) 1,900m
Two products to make at home
Toilet cleaner
1 cup baking soda
1 cup castile soap
10-20 drops of lemon essential oil (or another oil of your choice)
Method:
1. Mix the baking soda and castile soap until you get a nice consistency.
2. Add the essential oil to the mix.
Air Freshener
100ml water
5 drops of the essential oil of your choice (note: lavender is a nice one for this)
Method:
1. Add water and oil to spray bottle to store.
2. Shake well before use.
RESULTS
6.30pm Handicap (TB) US$65,000 (Dirt) 1,400m
Winner Golden Goal, Pat Dobbs (jockey), Doug Watson (trainer)
7.05pm Dubai Racing Club Classic Listed Handicap (TB) $88,000 (Turf) 2,410m
Winner: Walton Street, William Buick, Charlie Appleby.
7.40pm Dubai Stakes Group 3 (TB) $130,000 (D) 1,200m
Winner Switzerland, Tadhg O’Shea, Satish Seemar
8.15pm Singspiel Stakes Group 3 (TB) $163,000 (T) 1,800m
Winner Lord Giltters, Adrie de Vries, David O’Meara
8.50pm Al Maktoum Challenge Round-1 (TB) $228,000 (D) 1,600m
Winner Military Law, Antonio Fresu, Musabah Al Muhairi.
9.25pm Al Fahidi Fort Group 2 (TB) $163,000 (T) 1,400m
Winner Land Of Legends, Frankie Dettori, Saeed bin Suroor
10pm Dubai Dash Listed Handicap (TB) $88,000 (T) 1,000m
Winner Equilateral, Frankie Dettori, Charles Hills.
TRAP
Starring: Josh Hartnett, Saleka Shyamalan, Ariel Donaghue
Director: M Night Shyamalan
Rating: 3/5
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
Who has been sanctioned?
Daniella Weiss and Nachala
Described as 'the grandmother of the settler movement', she has encouraged the expansion of settlements for decades. The 79 year old leads radical settler movement Nachala, whose aim is for Israel to annex Gaza and the occupied West Bank, where it helps settlers built outposts.
Harel Libi & Libi Construction and Infrastructure
Libi has been involved in threatening and perpetuating acts of aggression and violence against Palestinians. His firm has provided logistical and financial support for the establishment of illegal outposts.
Zohar Sabah
Runs a settler outpost named Zohar’s Farm and has previously faced charges of violence against Palestinians. He was indicted by Israel’s State Attorney’s Office in September for allegedly participating in a violent attack against Palestinians and activists in the West Bank village of Muarrajat.
Coco’s Farm and Neria’s Farm
These are illegal outposts in the West Bank, which are at the vanguard of the settler movement. According to the UK, they are associated with people who have been involved in enabling, inciting, promoting or providing support for activities that amount to “serious abuse”.
Wenger's Arsenal reign in numbers
1,228 - games at the helm, ahead of Sunday's Premier League fixture against West Ham United.
704 - wins to date as Arsenal manager.
3 - Premier League title wins, the last during an unbeaten Invincibles campaign of 2003/04.
1,549 - goals scored in Premier League matches by Wenger's teams.
10 - major trophies won.
473 - Premier League victories.
7 - FA Cup triumphs, with three of those having come the last four seasons.
151 - Premier League losses.
21 - full seasons in charge.
49 - games unbeaten in the Premier League from May 2003 to October 2004.
Profile
Co-founders of the company: Vilhelm Hedberg and Ravi Bhusari
Launch year: In 2016 ekar launched and signed an agreement with Etihad Airways in Abu Dhabi. In January 2017 ekar launched in Dubai in a partnership with the RTA.
Number of employees: Over 50
Financing stage: Series B currently being finalised
Investors: Series A - Audacia Capital
Sector of operation: Transport
The 12
England
Arsenal, Chelsea, Liverpool, Manchester City, Manchester United, Tottenham Hotspur
Italy
AC Milan, Inter Milan, Juventus
Spain
Atletico Madrid, Barcelona, Real Madrid
'Saand Ki Aankh'
Produced by: Reliance Entertainment with Chalk and Cheese Films
Director: Tushar Hiranandani
Cast: Taapsee Pannu, Bhumi Pednekar, Prakash Jha, Vineet Singh
Rating: 3.5/5 stars