• The sugar-free berries creation is one seven on the menu at The Cake Boutique by Beth Lauren. Photo: Waldorf DIFC
    The sugar-free berries creation is one seven on the menu at The Cake Boutique by Beth Lauren. Photo: Waldorf DIFC
  • Lauren prides herself on creating 'edible art'. Photo: Waldorf DIFC
    Lauren prides herself on creating 'edible art'. Photo: Waldorf DIFC
  • Margaux offers decadent gift boxes of petite choux. Photo: Jumeirah Mina A’Salam
    Margaux offers decadent gift boxes of petite choux. Photo: Jumeirah Mina A’Salam
  • Hazelnut pastry at Margaux. Photo: Jumeirah Mina A’Salam
    Hazelnut pastry at Margaux. Photo: Jumeirah Mina A’Salam
  • Mich Turner's Little Venice Cake Company is opening at Atlantis The Royal on Palm Jumeirah. Photos: Atlantis The Royal; Instagram
    Mich Turner's Little Venice Cake Company is opening at Atlantis The Royal on Palm Jumeirah. Photos: Atlantis The Royal; Instagram
  • Turner, who has served desserts to everyone from Queen Elizabeth II to Gordon Ramsay, is expected to open the atelier and kitchen in November. Photo: Atlantis The Royal
    Turner, who has served desserts to everyone from Queen Elizabeth II to Gordon Ramsay, is expected to open the atelier and kitchen in November. Photo: Atlantis The Royal

Desserts in Dubai: three new pastry shops to try


Panna Munyal
  • English
  • Arabic

From couture cakes to petit choux, there is an increasing number of delights now available in Dubai, courtesy of celebrity cake artists and pastry chefs.

Whether you're looking to treat yourself, add panache to your next party or give a gift to a loved one, here are some sweet shops to enjoy.

The Cake Boutique, Beth Lauren

British cake artist Beth Lauren, who has studied fashion and illustration, prides herself on creating “edible art”. Think sugar pineapples and palm leaf prints; buttercream flowers that start out as bows and end up looking like candles; and even a tiered concoction in the colours of the UAE flag for Emirati Women’s Day. In August, Lauren launched The Cake Boutique, a made to order online shop in Dubai. It was launched in partnership with the Waldorf Astoria DIFC, with orders available for collection at the hotel as well as home delivery.

The boutique offers seven types of cakes, including vegan, gluten-free and sugar-free options. Choose from 24 carrot gold; cheeky monkey; white chocolate and raspberry; sugar-free berries; pistachio and raspberry; Lotus Biscoff and cocoa.

24 carrot gold cake at The Cake Boutique. Photo: Waldorf DIFC
24 carrot gold cake at The Cake Boutique. Photo: Waldorf DIFC

Simple as these flavours may sound, Lauren puts a great deal of thought, love and creativity into each. The vegan-friendly Lotus Biscoff cake, for example, is crafted with a cinnamon-flavoured sponge topped with lotus ganache pressed between each moist sponge layer and an ivory whipped lotus plant-based buttercream, which is fused with a velvet lotus sauce and crunchy biscuit pieces.

The cakes range from Dh360 for the small white chocolate and raspberry cake (suitable for 10 people), to Dh975 for the large sugar-free berries cake (suitable for 24 people).

More information is available at thecakeboutiquedifc.com

Margaux, Alexandre Dufeu

Pastry chef Alexandre Dufeu made his foray into the UAE after an enviable, decade-long stint working under Alain Ducasse, the Michelin Guide’s second-most decorated chef.

Last Thursday, Dufeu opened Margaux, a patisserie named as “a love letter” to the charming French village the chef calls home. Located off Jumeirah Mina A’Salam’s lobby, Margaux comes across as super-welcoming with its flattering mirrors and soft lighting, and also offers online shopping and home delivery.

On the menu are a batch of Parisian treats: from delicate millefeuille and decadent fruit tarts, to marble and button cakes, chocolate eclairs and pistachio flan. The petit choux are available individually or in swish-looking gift boxes, priced from Dh145 for three pieces to Dh295 for seven pieces.

Dufeu says Margaux is his way of bringing the requisite dessert-fuelled stroll one embarks upon in Paris to Dubai.

More information is available an 058 601 7474

Little Venice Cake Company, Mich Turner

Mich Turner, who has served desserts to everyone from Queen Elizabeth II to Gordon Ramsay, will open the Little Venice Cake Company at Royal Atlantis, The Palm Jumeirah. Photo: Royal Atlantis
Mich Turner, who has served desserts to everyone from Queen Elizabeth II to Gordon Ramsay, will open the Little Venice Cake Company at Royal Atlantis, The Palm Jumeirah. Photo: Royal Atlantis

From Queen Elizabeth II in Buckingham Palace to Prince William at Expo 2020 Dubai, the British royals are regular patrons of the “couture cakes” whipped up by British food scientist Mich Turner, as are celebrities such as Madonna, Pierce Brosnan, Gordon Ramsay, David Beckham and Emma Thompson. When the long-anticipated Atlantis The Royal opens its doors (the grand opening is in November, we’re told), it will house along its gilded corridors Turner’s Little Venice Cake Company.

Chef de cuisine Aizhan Tazhigulova will run the day-to-day operations at the new spot, which is fitted out with a show kitchen, consultation room (accessible by invitation only) and an atelier, and is designed by New York studio Jeffrey Beers.

The menu offers up everything from loaded brownies and cupcakes, to tea loaf cakes, layer cakes and other teatime treats in addition to Turner’s famed theatrical creations. Turner’s desserts include vanilla cake with strawberry jam; salted caramel and chocolate cake; puppy pinata, and the Queen Elizabeth date cake baked with medjool dates, fresh apple, lemon and ginger.

The atelier will offer a curated collection of bone china from Royal Crown Derby and William Edwards; silverware from Thomas Lyte; Tregothnan Estate teas; chocolates and truffles from Prestat; plus Turner’s books and craft baking kits.

More information is available at atlantis.com

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: Audi e-tron

Price, base: From Dh325,000 (estimate)

Engine: Twin electric motors and 95kWh battery pack

Transmission: Single-speed auto

Power: 408hp

Torque: 664Nm

Range: 400 kilometres

RESULTS

Lightweight (female)
Sara El Bakkali bt Anisha Kadka
Bantamweight
Mohammed Adil Al Debi bt Moaz Abdelgawad
Welterweight
Amir Boureslan bt Mahmoud Zanouny
Featherweight
Mohammed Al Katheeri bt Abrorbek Madaminbekov
Super featherweight
Ibrahem Bilal bt Emad Arafa
Middleweight
Ahmed Abdolaziz bt Imad Essassi
Bantamweight (female)
Ilham Bourakkadi bt Milena Martinou
Welterweight
Mohamed Mardi bt Noureddine El Agouti
Middleweight
Nabil Ouach bt Ymad Atrous
Welterweight
Nouredine Samir bt Marlon Ribeiro
Super welterweight
Brad Stanton bt Mohamed El Boukhari

Draw

Quarter-finals

Real Madrid (ESP) or Manchester City (ENG) v Juventus (ITA) or Lyon (FRA)

RB Leipzig (GER) v Atletico Madrid (ESP)

Barcelona (ESP) or Napoli (ITA) v Bayern Munich (GER) or Chelsea (ENG)

Atalanta (ITA) v Paris Saint-Germain (FRA)

Ties to be played August 12-15 in Lisbon

ALRAWABI%20SCHOOL%20FOR%20GIRLS
%3Cp%3ECreator%3A%20Tima%20Shomali%3C%2Fp%3E%0A%3Cp%3EStarring%3A%C2%A0Tara%20Abboud%2C%C2%A0Kira%20Yaghnam%2C%20Tara%20Atalla%3C%2Fp%3E%0A%3Cp%3ERating%3A%204%2F5%3C%2Fp%3E%0A
UAE currency: the story behind the money in your pockets
Destroyer

Director: Karyn Kusama

Cast: Nicole Kidman, Toby Kebbell, Sebastian Stan

Rating: 3/5 

UAE release: January 31 

Recipe: Spirulina Coconut Brothie

Ingredients
1 tbsp Spirulina powder
1 banana
1 cup unsweetened coconut milk (full fat preferable)
1 tbsp fresh turmeric or turmeric powder
½ cup fresh spinach leaves
½ cup vegan broth
2 crushed ice cubes (optional)

Method
Blend all the ingredients together on high in a high-speed blender until smooth and creamy. 

How to help

Send “thenational” to the following numbers or call the hotline on: 0502955999
2289 – Dh10
2252 – Dh 50
6025 – Dh20
6027 – Dh 100
6026 – Dh 200

Why it pays to compare

A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.

Route 1: bank transfer

The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.

Total cost: Dh567.25 - around 2.9 per cent of the total amount

Total received: €4,670.30 

Route 2: online platform

The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.

Total cost: Dh74.10, around 0.4 per cent of the transaction

Total received: €4,756

The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.

UAE currency: the story behind the money in your pockets
The biog

From: Ras Al Khaimah

Age: 50

Profession: Electronic engineer, worked with Etisalat for the past 20 years

Hobbies: 'Anything that involves exploration, hunting, fishing, mountaineering, the sea, hiking, scuba diving, and adventure sports'

Favourite quote: 'Life is so simple, enjoy it'

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.”

FIGHT CARD

Sara El Bakkali v Anisha Kadka (Lightweight, female)
Mohammed Adil Al Debi v Moaz Abdelgawad (Bantamweight)
Amir Boureslan v Mahmoud Zanouny (Welterweight)
Abrorbek Madaminbekov v Mohammed Al Katheeri (Featherweight)
Ibrahem Bilal v Emad Arafa (Super featherweight)
Ahmed Abdolaziz v Imad Essassi (Middleweight)
Milena Martinou v Ilham Bourakkadi (Bantamweight, female)
Noureddine El Agouti v Mohamed Mardi (Welterweight)
Nabil Ouach v Ymad Atrous (Middleweight)
Nouredin Samir v Zainalabid Dadachev (Lightweight)
Marlon Ribeiro v Mehdi Oubahammou (Welterweight)
Brad Stanton v Mohamed El Boukhari (Super welterweight

ABU%20DHABI'S%20KEY%20TOURISM%20GOALS%3A%20BY%20THE%20NUMBERS
%3Cp%3EBy%202030%2C%20Abu%20Dhabi%20aims%20to%20achieve%3A%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E%E2%80%A2%2039.3%20million%20visitors%2C%3C%2Fstrong%3E%20nearly%2064%25%20up%20from%202023%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E%E2%80%A2%20Dh90%20billion%20contribution%20to%20GDP%2C%3C%2Fstrong%3E%20about%2084%25%20more%20than%20Dh49%20billion%20in%202023%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E%E2%80%A2%20178%2C000%20new%20jobs%2C%3C%2Fstrong%3E%20bringing%20the%20total%20to%20about%20366%2C000%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E%E2%80%A2%2052%2C000%20hotel%20rooms%2C%3C%2Fstrong%3E%20up%2053%25%20from%2034%2C000%20in%202023%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E%E2%80%A2%207.2%20million%20international%20visitors%2C%3C%2Fstrong%3E%20almost%2090%25%20higher%20compared%20to%202023's%203.8%20million%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E%E2%80%A2%203.9%20international%20overnight%20hotel%20stays%2C%3C%2Fstrong%3E%2022%25%20more%20from%203.2%20nights%20in%202023%3C%2Fp%3E%0A
Updated: May 31, 2023, 9:53 AM