Panna Munyal
Jordi
Bespoke watches by the exclusive Swiss watch brand Jordi are now available from Rivoli stores across the UAE. To mark the launch, the Geneva-based watchmaker, Michel Jordi, who designs the timepieces, has added a watch inspired by Dubai to his annual Icons of the World collection, with a limited-edition timepiece that features the Burj Khalifa and Burj Al Arab. Each year, the watchmaker introduces a complication model that best represents the monument that gives a country iconic status – the Great Wall of China, the Taj Mahal, Mount Fuji and the Statue of Liberty have all been captured on dial in the past. Dubai’s titanium and red gold timepiece features Jordi’s trademark paper-cut design and ergonomic sensibility, inspired by the smoothness of a Rhone glacier pebble, and comes with the Icons of the World original leather strap. The brand’s glamorous Lady Icon (pictured) and limited-edition Club 100 Chronograph collections are also on display now.
www.micheljordi.ch
Arushi Bridal Couture
When the French-born Mireille A Loughlin came to the UAE three decades ago, she made it her business to create chic, sophisticated and one-of-a-kind wedding dresses for every bride who walked into Dubai’s Arushi Couture. Established in 1988, the house of Arushi reinvents its collection each year and has a dedicated and growing team of couturiers to pick up on key trends and then add special touches – be it the use of striking colours, exaggerated silhouettes or refined tailoring techniques. Arushi’s latest bridal couture collection has nine dresses and evening gowns, each inspired by 1950s Europe, with chiselled waistlines, a round-hip silhouette, soft hues and delicately embroidered Swiss and French lace. But no piece looks the same – from the layered tulle and pleated skirt in the blue-silk Bella Riva, to Tiffany’s Swarovski-embellished waist and embossed organza, and the mermaid-inspired Poppy with its detailed back bodice.
www.facebook.com/ArushiCouture
L’Afshar
It all started when a friend, who just so happened to be a senior fashion editor, was snapped holding one of her clutches at Milan Fashion Week. Next thing, she found herself featured on the Vogue Paris website and in The Cut, along with various other notable publications. And that was just the beginning for the young designer Lilian Afshar and her L’Afshar brand. At only 23, the graduate of Esmod Dubai launched her collection of bug-adorned perspex clutches to accompany her ready-to-wear collection for her final year at fashion school. The British-born Iranian is currently based in Dubai, where her clutches are crafted and produced. The intricate and eye-catching motif is an amalgamation of a scarab beetle, a common species of the East that was worshipped by the ancient Egyptians, and a dragonfly, which, according to Afshar, symbolises change, adaptability, joy and strength. Beautifully constructed from perspex, the collection is available in five jewel-tone colours, including emerald green, sapphire blue and ruby red, and comes in a variety of sizes, from the classic medium to covetable mini, as well as a statement oversized version. The unique collection, which Afshar describes as encapsulating her personal journey where East meets West, is stocked in boutiques in both Dubai and Abu Dhabi, with Europe and the United States next on the list. Stockists include S*uce (Dubai), Mahani (Emirates Towers, Dubai) and The Luxury Arcade (World Trade Center, Abu Dhabi).
www.lafshar.com
Miu Miu
Why should your heels be excluded from the print revolution? Miu Miu’s 2014 resort collection gives the classic pump a dramatic makeover, just in time for spring. Floral prints dominate styles in silk faille and patent leather, while many-hued stones in myriad shapes stand out on elegant black pumps, decorating even the heel. Colour connoisseurs may opt for bright yellow and pink court shoes featuring embroidered sequins, or bird’s egg blue shoes embellished with flashes of orange sequins. The result in each case: a truly distinctive pair for your feet to preen in.
www.miumiu.com
(With input from Nadia El Dasher)
pmunyal@thenational.ae
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
ICC T20 Rankings
1. India - 270 ranking points
2. England - 265 points
3. Pakistan - 261 points
4. South Africa - 253 points
5. Australia - 251 points
6. New Zealand - 250 points
7. West Indies - 240 points
8. Bangladesh - 233 points
9. Sri Lanka - 230 points
10. Afghanistan - 226 points
Favourite book: ‘The Art of Learning’ by Josh Waitzkin
Favourite film: Marvel movies
Favourite parkour spot in Dubai: Residence towers in Jumeirah Beach Residence
COMPANY%20PROFILE
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Should late investors consider cryptocurrencies?
Wealth managers recommend late investors to have a balanced portfolio that typically includes traditional assets such as cash, government and corporate bonds, equities, commodities and commercial property.
They do not usually recommend investing in Bitcoin or other cryptocurrencies due to the risk and volatility associated with them.
“It has produced eye-watering returns for some, whereas others have lost substantially as this has all depended purely on timing and when the buy-in was. If someone still has about 20 to 25 years until retirement, there isn’t any need to take such risks,” Rupert Connor of Abacus Financial Consultant says.
He adds that if a person is interested in owning a business or growing a property portfolio to increase their retirement income, this can be encouraged provided they keep in mind the overall risk profile of these assets.
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Other acts on the Jazz Garden bill
Sharrie Williams
The American singer is hugely respected in blues circles due to her passionate vocals and songwriting. Born and raised in Michigan, Williams began recording and touring as a teenage gospel singer. Her career took off with the blues band The Wiseguys. Such was the acclaim of their live shows that they toured throughout Europe and in Africa. As a solo artist, Williams has also collaborated with the likes of the late Dizzy Gillespie, Van Morrison and Mavis Staples.
Lin Rountree
An accomplished smooth jazz artist who blends his chilled approach with R‘n’B. Trained at the Duke Ellington School of the Arts in Washington, DC, Rountree formed his own band in 2004. He has also recorded with the likes of Kem, Dwele and Conya Doss. He comes to Dubai on the back of his new single Pass The Groove, from his forthcoming 2018 album Stronger Still, which may follow his five previous solo albums in cracking the top 10 of the US jazz charts.
Anita Williams
Dubai-based singer Anita Williams will open the night with a set of covers and swing, jazz and blues standards that made her an in-demand singer across the emirate. The Irish singer has been performing in Dubai since 2008 at venues such as MusicHall and Voda Bar. Her Jazz Garden appearance is career highlight as she will use the event to perform the original song Big Blue Eyes, the single from her debut solo album, due for release soon.
The bio
Favourite book: The Alchemist by Paulo Coelho
Favourite travel destination: Maldives and south of France
Favourite pastime: Family and friends, meditation, discovering new cuisines
Favourite Movie: Joker (2019). I didn’t like it while I was watching it but then afterwards I loved it. I loved the psychology behind it.
Favourite Author: My father for sure
Favourite Artist: Damien Hurst
The specs: 2018 Ducati SuperSport S
Price, base / as tested: Dh74,900 / Dh85,900
Engine: 937cc
Transmission: Six-speed gearbox
Power: 110hp @ 9,000rpm
Torque: 93Nm @ 6,500rpm
Fuel economy, combined: 5.9L / 100km
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
Sholto Byrnes on Myanmar politics