Justin Quek, the chef behind Singapore’s acclaimed Sky on 57 restaurant, is a household name in Asia. His masterclass was full of anecdotes and advice, starting with the assertion that of all the different pans he had ever cooked with, copper ones are his absolute favourite. Here is his recipe for slow-cooked egg with sautéed wild mushrooms and poultry jus.
Serves 4
For the poultry jus:
200ml grapeseed oil
1kg chicken wings, chopped
200g shallots, peeled and halved
2 garlic cloves, peeled and halved
1 sprig thyme
2 litres chicken stock
sea salt
Slow cooked eggs
4 eggs, at room temperature
1 tsp finely chopped shallots
1 tsp finely chopped garlic
60g mixed wild mushrooms (according to season)
1 tsp finely chopped parsley
butter, to taste
4 tbsp poultry jus
extra virgin olive oil
sea salt and black pepper
Heat the oil in a large saucepan over a medium high heat. Add the chicken wings and roast until golden brown. Add the shallots, garlic and thyme and cook for a couple of minutes. Pour over the chicken stock, bring to the boil briefly, then leave to reduce for 1 hour. Strain and set aside.
Put the raw eggs into a heatproof container. Bring a large pan of water to the boil, then pour this water over the eggs. Cover the container with a lid and leave for 12 minutes, off the heat. Drain and peel the eggs just before serving.
Heat a couple of tablespoons of oil in a saucepan, add the shallots and garlic and cook for 2-3 minutes, until softened. Increase the heat slightly and add the mushrooms – you want them to roast, rather than stew.
After 2 minutes, add a knob of butter to the pan, along with the parsley. Season with salt and black pepper and spoon over the poultry jus.
After a couple of minutes, remove the pan from the heat and spoon the mushroom mixture into the middle of your chosen serving plates. Top each pile with an egg, garnish with a piece of parsley and serve.
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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
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The Vile
Starring: Bdoor Mohammad, Jasem Alkharraz, Iman Tarik, Sarah Taibah
Director: Majid Al Ansari
Rating: 4/5