Step on board Kogo and you will immediately be struck by the unusual beauty of the interiors Terence Disdale created for its owners: the layering of textures, the rich detail, the tactile materials - all rendered through a coolly restrained colour palette. Spend more time on board and you will discover that the spaces work and flow together in an almost intuitive way, despite being a departure from the conventional layout of contemporary large yachts.
"It's quite an unusual boat in many ways," acknowledges the designer. "Not just from the aesthetic point of view but because of the fundamental thinking behind the project."
When the owners came to Disdale (and to Tim Heywood, who designed the superstructure and general space arrangement) they brought many years of yachting experience and, consequently, a clear idea of what they wanted. "A lot came into it," says Disdale, "from the big things like how they would live on board, how they would entertain, the fact that they love diving - down to the smallest details of their daily routine."
The master suite, for instance, doesn't use the full width of the deck because, Disdale explains, the owners thought it was unnecessary.
"They didn't want to go to bed in such a vast space, so we made the suite more intimate - dividing it into separate bedroom and sitting room areas. We used Shoji screens to separate them so the space can be opened up whenever the owners want."
Also with the owners' privacy in mind, the main deck is used for the yacht's tenders rather than for outdoor living. Because this is the main entrance to the yacht, an elongated entrance lobby screens the tenders and leads into the heart of the boat.
Here, the living spaces are equally unconventional: on the main deck, rather than placing a formal dining room forward of the main saloon, Disdale divided the space longitudinally, placing them opposite each other. "These are really evening spaces, so we designed the saloon to be used for drinks before dinner and relaxing or watching movies afterwards."
The main living space is, instead, on the deck above, which has been designed as a huge indoor-outdoor living room. From the enclosed section, which has a games table, bar and lots of different seating, double glass doors open on to a big, shaded deck that houses a beautiful custom-made wooden dining table and wide, built-in sofas. Being higher off the water, this space is also secluded from prying eyes.
Perhaps the most stunning thing about this deck is that its floor is pale limestone - a real shift in thinking about materials. Not only does it look beautiful - lending an almost ethereal coolness to the space and contrasting with the dark oak floor in the enclosed area - it feels wonderful beneath bare feet.
And here lies the essence of the yacht's décor: combined with hand-carved wooden panels, vellum-covered chests, custom-made carpets, etched silver panels, lacquered tables and hand-woven wall coverings are simple materials such as tatami-style matting, industrial-style "distressed" metal stair rails and bare oak floors.
It is rich and refined - yet has an inviting, kick-your-shoes-off casualness that feels absolutely right on a yacht.
www.terencedisdale.co.uk
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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Name: Peter Dicce
Title: Assistant dean of students and director of athletics
Favourite sport: soccer
Favourite team: Bayern Munich
Favourite player: Franz Beckenbauer
Favourite activity in Abu Dhabi: scuba diving in the Northern Emirates
Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
Sarfira
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Starring: Akshay Kumar, Radhika Madan, Paresh Rawal
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1. Kylian Mbappe - to Real Madrid in 2017/18 - €180 million (Dh770.4m - if a deal goes through)
2. Paul Pogba - to Manchester United in 2016/17 - €105m
3. Gareth Bale - to Real Madrid in 2013/14 - €101m
4. Cristiano Ronaldo - to Real Madrid in 2009/10 - €94m
5. Gonzalo Higuain - to Juventus in 2016/17 - €90m
6. Neymar - to Barcelona in 2013/14 - €88.2m
7. Romelu Lukaku - to Manchester United in 2017/18 - €84.7m
8. Luis Suarez - to Barcelona in 2014/15 - €81.72m
9. Angel di Maria - to Manchester United in 2014/15 - €75m
10. James Rodriguez - to Real Madrid in 2014/15 - €75m
'Worse than a prison sentence'
Marie Byrne, a counsellor who volunteers at the UAE government's mental health crisis helpline, said the ordeal the crew had been through would take time to overcome.
“It was worse than a prison sentence, where at least someone can deal with a set amount of time incarcerated," she said.
“They were living in perpetual mystery as to how their futures would pan out, and what that would be.
“Because of coronavirus, the world is very different now to the one they left, that will also have an impact.
“It will not fully register until they are on dry land. Some have not seen their young children grow up while others will have to rebuild relationships.
“It will be a challenge mentally, and to find other work to support their families as they have been out of circulation for so long. Hopefully they will get the care they need when they get home.”
Skoda Superb Specs
Engine: 2-litre TSI petrol
Power: 190hp
Torque: 320Nm
Price: From Dh147,000
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