Highlighters from the Dolce & Gabbana x Stabillo collection. Photo: Dolce & Gabbana
Highlighters from the Dolce & Gabbana x Stabillo collection. Photo: Dolce & Gabbana
Highlighters from the Dolce & Gabbana x Stabillo collection. Photo: Dolce & Gabbana
Highlighters from the Dolce & Gabbana x Stabillo collection. Photo: Dolce & Gabbana

Black Book: The latest from Dolce & Gabbana, Azza Fahmy, Leem and Alexander McQueen


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Every week, The National's Luxury magazine team puts together Black Book, a cheat sheet of the most interesting and noteworthy arrivals from fashion and watches to jewellery and cars.

Dolce & Gabbana x Stabilo

A set of four new pens make up the new Dolce & Gabbana x Stabilo collaboration. Photo: Dolce & Gabbana
A set of four new pens make up the new Dolce & Gabbana x Stabilo collaboration. Photo: Dolce & Gabbana

Fashion loves an off-kilter pairing, and a fashion house of Dolce & Gabbana's magnitude joining forces with Stabilo, the German maker of highlighters that have filled many a pencil case, is what makes it work. Together, the two have released a set of four highlighter pens, wrapped in Dolce & Gabbana signature patterning. Leaning into its Italian heritage, there is one pen clad in the bold black and white of a zebra stripe; another in the warm tones of leopard print; the third in the colourful squares of Sicilian Carretto; and finally one dressed in the blue and white of the Blu Majolica design. The set of four highlighters come in a box decorated in the aforementioned Carretto. The first release has already sold out – in record time – but will be restocked.

Azza Fahmy

Egyptian jewellery company Azza Fahmy has unveiled a new collection for men, inscribed with words of protection. Photo: Azza Fahmy
Egyptian jewellery company Azza Fahmy has unveiled a new collection for men, inscribed with words of protection. Photo: Azza Fahmy

Egyptian jewellery company Azza Fahmy has unveiled a new collection for men. Named El Nur, the collection has pieces made of sterling silver and comprise bracelets, transformable necklaces and rings – which are all inscribed with words of protection.

The Kufic necklace, for example, is inscribed with the Arabic words for contentment and union, in calligraphy inspired by the ancient Kufic script. The Confidence wraparound bracelet carries the an Arabic phrase that translates to “he who walks confidently walks like a king”, while the leather calligrapher bracelet is adorned with a Socratic quote which translates into English as “speak so I can see you”.

Leem

Saudi Arabian fashion brand Leem has released a winter essentials capsule collection. Photo: Leem
Saudi Arabian fashion brand Leem has released a winter essentials capsule collection. Photo: Leem

Saudi Arabian fashion brand Leem has released a winter essentials capsule collection, featuring 29 pieces. Filled with easy separates such as an open-front kaftan in pewter, and a pair of wide-legged, pleat-fronted trousers, this capsule aims to carry the wearer through her day with minimal fuss. From a lightweight knitted kaftan in tomato red with front pockets and a batwing top that pairs well with jeans, to a tiered dress made with seven layers of camo print fringing, this is sassy style made simple.

Alexander McQueen

Under new creative director Sean McGirr, Alexander McQueen has changed the company logo. Photo: Alexander McQueen
Under new creative director Sean McGirr, Alexander McQueen has changed the company logo. Photo: Alexander McQueen

Under new creative director Sean McGirr, Alexander McQueen is evolving. McGirr is changing the company logo, replacing it with a design first sketched out by founder Lee Alexander McQueen more than three decades ago. This new logo now appears on a selection of eyeglasses in various styles – etched in metal on the temples of acetate sunglasses; engraved into the metal arms of eyeglasses; or lasered on to the frames of more feminine frames. All still maintain the boldness that McQueen is known for, but now with an additional air of rebellious punk.

Profile

Company: Justmop.com

Date started: December 2015

Founders: Kerem Kuyucu and Cagatay Ozcan

Sector: Technology and home services

Based: Jumeirah Lake Towers, Dubai

Size: 55 employees and 100,000 cleaning requests a month

Funding:  The company’s investors include Collective Spark, Faith Capital Holding, Oak Capital, VentureFriends, and 500 Startups. 

Bugatti Chiron Super Sport - the specs:

Engine: 8.0-litre quad-turbo W16 

Transmission: 7-speed DSG auto 

Power: 1,600hp

Torque: 1,600Nm

0-100kph in 2.4seconds

0-200kph in 5.8 seconds

0-300kph in 12.1 seconds

Top speed: 440kph

Price: Dh13,200,000

Bugatti Chiron Pur Sport - the specs:

Engine: 8.0-litre quad-turbo W16 

Transmission: 7-speed DSG auto 

Power: 1,500hp

Torque: 1,600Nm

0-100kph in 2.3 seconds

0-200kph in 5.5 seconds

0-300kph in 11.8 seconds

Top speed: 350kph

Price: Dh13,600,000

Mental%20health%20support%20in%20the%20UAE
%3Cp%3E%E2%97%8F%20Estijaba%20helpline%3A%208001717%3Cbr%3E%E2%97%8F%20UAE%20Ministry%20of%20Health%20and%20Prevention%20hotline%3A%20045192519%3Cbr%3E%E2%97%8F%20UAE%20Mental%20health%20support%20line%3A%20800%204673%20(Hope)%3Cbr%3EMore%20information%20at%20hope.hw.gov.ae%3C%2Fp%3E%0A
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%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Louis%20Leterrier%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Vin%20Diesel%2C%20Michelle%20Rodriguez%2C%20Jason%20Statham%2C%20Tyrese%20Gibson%2C%20Ludacris%2C%20Jason%20Momoa%2C%20John%20Cena%2C%20Jordana%20Brewster%2C%20Nathalie%20Emmanuel%2C%20Sung%20Kang%2C%20Brie%20Larson%2C%20Helen%20Mirren%20and%20Charlize%20Theron%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203%2F5%3C%2Fp%3E%0A

Director: Laxman Utekar

Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna

Rating: 1/5

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

Updated: October 04, 2024, 2:00 AM