The year is coming to a close and, with that in mind, the team at The National has been looking back at the work that shaped 2025 across the arts world.
With award-winning films including The Voice of Hind Rajab and The President's Cake, Arab cinema continues to break new ground – in subject matter, in artistry and in resonance.
In the context of ongoing regional conflict, film has also become one of the most direct ways for audiences beyond the region to engage with its history, its culture and, crucially, its humanity.
Closer to home, the picture is even richer. These films point to a new golden age taking shape – one defined by range rather than uniformity, and by stories that move confidently across genres and forms. Find more here.
Hasan Hadi's The President's Cake is one of our 10 best Arabic films of 2025. Photo: TPC Film
Across the rest of the world, our 10 best films of the year were often deeply political and quietly revolutionary – including Brazil's The Secret Agent, South Korea's No Other Choice and Iran's It Was Just an Accident.
In television, the volume of global streaming releases continued to expand. Our favourites span prestige dramas, genre series and unexpected breakouts. Elsewhere, Indian television made further inroads with international audiences, with seven shows in particular resonating well beyond their home markets.
Music moved across registers through the year. The 50 best Arabic songs of 2025 reflected a range of sounds and voices, from established artists to emerging figures shaping the region’s musical landscape.
Coldplay's four performances at Zayed Sports City Stadium in Abu Dhabi were among the year's most successful. Pawan Singh / The National
Live performances also illuminated the calendar: from Coldplay’s multi-night runs at Sheikh Zayed Sports City to headline concerts by Metallica and Katy Perry, the UAE’s best concerts and on-stage events mapped a remarkably active year in live touring and local attendance
Visual art in the UAE maintained its momentum. The most memorable exhibitions of 2025 ranged from exhibitions grounded in heritage and craft to large-scale international presentations, reflecting the breadth of programming across institutions and independent spaces.
In games, 2025 delivered a number of standout releases across platforms. The year’s best titles, including highlights on PlayStation 5 and Nintendo Switch 2 as well as PC games, were shaped by atmosphere, narrative and design, pointing to the medium’s continued evolution.
Of Land and Water is the first presentation of works from the Sharjah Art Foundation Collection in Kalba. Antonie Robertson / The National
Online, things circulated at a different pace. From viral moments to the rise of “6-7” and Gen Alpha as a cultural force, meme culture and digital language provided a running record of how humour, fatigue and connection moved through the year in real time.
The Arab cultural scene has been etched by significant loss in 2025, with the deaths of luminaries including Ziad Rahbani and Mohammad Bakri.
As the world continues to grapple with ongoing crises, culture has remained a vital space for collective expression, reflection and even moments of joy. Now we shall see what 2026 has in store.
Popular singers and film stars from Egypt, Lebanon and beyond are the subjects of a new exhibition in Beirut. Photo: Sursock Museum
From Fairuz and Asmahan to Umm Kulthum and Sabah, the stars of the Arab world’s golden age of cinema and music remain treasured cultural icons. But how much is really known about the women behind the fame?
This is something a new exhibition at Beirut’s Sursock Museum explores, reports Maghie Ghali. Diva: From Umm Kulthum to Dalida, celebrates legendary singers, actresses and dancers while also unpacking the personal struggles they faced in a post-war, post-colonial Arab world.
“In the 1960s, Beirut, alongside Cairo, was a capital of Arab music,” says Sursock Museum director Karina El-Helou. “Here, divas such as ‘Star of the East’ Umm Kulthum, who gave an unforgettable performance at Baalbeck International Festival, and Fairuz – ‘Ambassador of Lebanon to the Stars’ – played a decisive role in shaping modern Arab music.”
The exhibition is structured into four sections: the first traces the pioneering women and avant-garde feminists of cosmopolitan Cairo in the 1920s; the second section focuses on divas with golden voices from the 1940s to the 1970s; the third section turns to the golden age of Egyptian cinema, often dubbed Nilewood; and the final section brings these legacies into the present, examining how the influence of the divas continues to shape contemporary artistic practice.
Originally founded in 1975, Qatar's national museum has evolved along with the country. Photo: National Museum of Qatar
Celebrating its anniversary with a retrospective exhibition titled A Nation’s Legacy, A People’s Memory: Fifty Years Told, the National Museum of Qatar offers a comprehensive survey of its journey – from modest beginnings to present-day reinvention.
Since its founding in 1975 by former Emir Sheikh Khalifa bin Hamad Al Thani as one of the first museums in the Gulf, the institution has remained a source of pride and identity for the people of Qatar.
Drawing on archival documents, photographs and personal testimonies, the exhibition traces the museum’s evolution across five decades, highlighting key exhibitions and programmes, its role in preserving national heritage, and its reopening in 2019 as a state-of-the-art, institution housed in a building designed by French architect Jean Nouvel.
“For half a century, the National Museum of Qatar has safeguarded the legacy of our nation and its national treasures, while continually developing new ways of storytelling through advances in technology,” says museum director Sheikh Abdulaziz Al Thani. “With A Nation’s Legacy, A People’s Memory: Fifty Years Told, we invite audiences to celebrate the institution’s record of honouring our heritage while imagining what lies ahead.
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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
Key recommendations
Fewer criminals put behind bars and more to serve sentences in the community, with short sentences scrapped and many inmates released earlier.
Greater use of curfews and exclusion zones to deliver tougher supervision than ever on criminals.
Explore wider powers for judges to punish offenders by blocking them from attending football matches, banning them from driving or travelling abroad through an expansion of ‘ancillary orders’.
More Intensive Supervision Courts to tackle the root causes of crime such as alcohol and drug abuse – forcing repeat offenders to take part in tough treatment programmes or face prison.
RESULTS
6.30pm: Handicap (rated 95-108) US$125,000 2000m (Dirt).
Winner: Don’t Give Up, Gerald Mosse (jockey), Saeed bin Suroor (trainer).
7.05pm: Handicap (95 ) $160,000 2810m (Turf).
Winner: Los Barbados, Adrie de Vries, Fawzi Nass.
7.40pm: Handicap (80-89) $60,000 1600m (D).
Winner: Claim The Roses, Mickael Barzalona, Salem bin Ghadayer.
8.15pm: UAE 2000 Guineas Trial (Div-1) Conditions $100,000 1,400m (D)
Winner: Gold Town, William Buick, Charlie Appleby.
8.50pm: Cape Verdi Group 2 $200,000 1600m (T).
Winner: Promising Run, Patrick Cosgrave, Saeed bin Suroor.
9.25pm: UAE 2000 Guineas Conditions $100,000 1,400m (D).
Winner: El Chapo, Luke Morris, Fawzi Nass.
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.
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
Pox that threatens the Middle East's native species
Camelpox
Caused by a virus related to the one that causes human smallpox, camelpox typically causes fever, swelling of lymph nodes and skin lesions in camels aged over three, but the animal usually recovers after a month or so. Younger animals may develop a more acute form that causes internal lesions and diarrhoea, and is often fatal, especially when secondary infections result. It is found across the Middle East as well as in parts of Asia, Africa, Russia and India.
Falconpox
Falconpox can cause a variety of types of lesions, which can affect, for example, the eyelids, feet and the areas above and below the beak. It is a problem among captive falcons and is one of many types of avian pox or avipox diseases that together affect dozens of bird species across the world. Among the other forms are pigeonpox, turkeypox, starlingpox and canarypox. Avipox viruses are spread by mosquitoes and direct bird-to-bird contact.
Houbarapox
Houbarapox is, like falconpox, one of the many forms of avipox diseases. It exists in various forms, with a type that causes skin lesions being least likely to result in death. Other forms cause more severe lesions, including internal lesions, and are more likely to kill the bird, often because secondary infections develop. This summer the CVRL reported an outbreak of pox in houbaras after rains in spring led to an increase in mosquito numbers.
FFP EXPLAINED
What is Financial Fair Play?
Introduced in 2011 by Uefa, European football’s governing body, it demands that clubs live within their means. Chiefly, spend within their income and not make substantial losses.
What the rules dictate?
The second phase of its implementation limits losses to €30 million (Dh136m) over three seasons. Extra expenditure is permitted for investment in sustainable areas (youth academies, stadium development, etc). Money provided by owners is not viewed as income. Revenue from “related parties” to those owners is assessed by Uefa's “financial control body” to be sure it is a fair value, or in line with market prices.
What are the penalties?
There are a number of punishments, including fines, a loss of prize money or having to reduce squad size for European competition – as happened to PSG in 2014. There is even the threat of a competition ban, which could in theory lead to PSG’s suspension from the Uefa Champions League.
