Marion Cotillard in Christian Dior creations. Christian Dior
Marion Cotillard in Christian Dior creations. Christian Dior
Marion Cotillard in Christian Dior creations. Christian Dior
Marion Cotillard in Christian Dior creations. Christian Dior

An exhibition dedicated to the legacy of Dior is coming to the Middle East


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On the back of successful tours of London, Paris and Shanghai, an exhibition that chronicles the legacy of Christian Dior is coming to the Middle East.

Dior has just announced that Christian Dior: Designer of Dreams will open at Qatari design hub M7 in Doha in November. While exact dates are yet to be released, the show is scheduled to run for four months, until March 2022.

A collection of pale gowns will appear in New York as part of the Christian Dior: Designer Of Dreams exhibition. Adrien Dirand
A collection of pale gowns will appear in New York as part of the Christian Dior: Designer Of Dreams exhibition. Adrien Dirand

Covering 70 years of Dior design, the show will encompass the work of the eponymous brand's founder, from the famous "new look" that started it all in 1947, through his love of the Palace of Versailles in Paris, and the gardens that gave him so much inspiration. The exhibition will also outline how, after Dior's death in 1957, designers such as Yves Saint Laurent and Marc Bohan continued the house, drawing threads from Dior's work into their own.

A rare display of haute couture by Dior's successors Saint Laurent and Bohan, as well as Gianfranco Ferre and John Galliano, will be displayed as part of the exhibition, along with the more recent designs of Raf Simons, and the house's present creative director Maria Grazia Chiuri.

Having started its tour in Paris in 2019, the show travelled to London and Shanghai, before it was halted by the pandemic. Now, as the world begins to cautiously reopen, Dior is celebrating by staging not one, but two simultaneous exhibitions. The first will open in New York in September, while a different version will arrive in Qatar in November.

Both are curated by Olivier Gabet, director of the Musee des Arts Decoratifs, Paris, who will redesign the exhibition especially for Qatar, to include new scenography and pieces previously never seen before in public. The show will also include pieces from the museum that reflect the label.


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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Winners

Ballon d’Or (Men’s)
Ousmane Dembélé (Paris Saint-Germain / France)

Ballon d’Or Féminin (Women’s)
Aitana Bonmatí (Barcelona / Spain)

Kopa Trophy (Best player under 21 – Men’s)
Lamine Yamal (Barcelona / Spain)

Best Young Women’s Player
Vicky López (Barcelona / Spain)

Yashin Trophy (Best Goalkeeper – Men’s)
Gianluigi Donnarumma (Paris Saint-Germain and Manchester City / Italy)

Best Women’s Goalkeeper
Hannah Hampton (England / Aston Villa and Chelsea)

Men’s Coach of the Year
Luis Enrique (Paris Saint-Germain)

Women’s Coach of the Year
Sarina Wiegman (England)

Updated: August 04, 2021, 12:01 PM