Sam Saliba says her company has seen a surge in business after more clients ordered artworks to brighten up their offices during the pandemic. Antonie Robertson / The National
Sam Saliba says her company has seen a surge in business after more clients ordered artworks to brighten up their offices during the pandemic. Antonie Robertson / The National
Sam Saliba says her company has seen a surge in business after more clients ordered artworks to brighten up their offices during the pandemic. Antonie Robertson / The National
Sam Saliba says her company has seen a surge in business after more clients ordered artworks to brighten up their offices during the pandemic. Antonie Robertson / The National

Brisk business for art consultants as UAE companies try to make offices homely for employees


Gillian Duncan
  • English
  • Arabic

Art consultants in the UAE have received a flurry of queries from companies looking for decorative pieces that can help to make their workspace warmer and homely.

After spending months working from home because of the coronavirus pandemic, the focus is now on the impact surroundings can have on our wellbeing and productivity.

Many people who switched to remote working to prevent the spread of Covid-19 have now returned to the office.

But the period spent at home could have had a significant impact on employees and companies are now considering giving them a warmer office space that can have a positive bearing on their health and wellbeing, said experts.

We spend eight hours at work, so what we look at is quite important and instrumental for so many reasons

Art Painting Lab in Dubai said bulk of its orders came from restaurants, hotels and hospitals and until the Covid-19 outbreak corporates accounted for only 30 per cent of its clients.

By contrast, offices now make up eight in every 10 clients.

"I find that interesting," said Sam Saliba, co-founder and creative director at Art Painting Lab.

The company is a hybrid of an art consultant and service provider. It creates all forms of artworks for clients, including murals, works on canvas, installations, print and illustrations.

Businesses commission or buy a mix of different art works for offices, but the amount they spend varies considerably.

Art consultants said customers have spent on average between Dh30,000 to Dh600,000 in January and February.

Companies are demanding more pieces of art but have not directly attributed it to the pandemic. But it is likely to be a decisive factor, even if at an subconscious level, Ms Saliba said.

“I believe the pandemic had a very profound effect on all of us. So there are a lot of levels of thinking that are probably not immediately in the foreground,” she said.

“The fact that we have so many corporate offices reaching out to us, it’s probably a combination of the influence of the pandemic where they are seeking creativity and meaning, while aiming to create a more lively, and a more comfortable workspace.

“We spend eight hours at work, so what we look at is quite important and instrumental for so many reasons,” she said.

Studies have shown surroundings can have a profound impact on a person’s wellbeing.

In 2019, researchers from Florida State University College of Fine Arts found "biological evidence" that art promotes wellness and fosters adaptive responses to stress.

We emotionally respond to things we see in a picture, painting, or in reality, said Ola Pykhtina, psychologist, art and a play psychotherapist at Thrive Wellbeing Centre in Dubai.

“If you’re going back to the office, it is recommended to surround yourself with a beautiful, safe, creative space that brings positive emotions in you,” she said.

“Something that calms you down".

Using art can help offices personalise a space, and make it more like “home".

“And once you feel calmer and good in the environment, you are likely to be more productive," she said.

“Several companies approached us for workshops on different topics, but it kind of related about how to go back to the office.

“People have to go back to work, and everyone is stressed about it. They are looking for a way to make this transition a little bit easier.”

Artists at work during the pandemic - in pictures

  • Dubai artist Abdullah Lutfi at work in a new studio at Tashkeel in the Bastakiya area. Two Emirati artists with special needs have been place to work after Mawaheb, a popular art studio for adults with disabilities, shut down last year amid the coronavirus pandemic. Chris Whiteoak / The National
    Dubai artist Abdullah Lutfi at work in a new studio at Tashkeel in the Bastakiya area. Two Emirati artists with special needs have been place to work after Mawaheb, a popular art studio for adults with disabilities, shut down last year amid the coronavirus pandemic. Chris Whiteoak / The National
  • Dubai artist Abdullah Lutfi with art teacher Gulshan Kavarana. Chris Whiteoak / The National
    Dubai artist Abdullah Lutfi with art teacher Gulshan Kavarana. Chris Whiteoak / The National
  • Noura Al Kaabi, the Minister of Culture and Youth and Hessa Buhumaid, the Minister of Community Development, are shown around a studio space by Emirati artists Abdullah Lutfi and Asma Baker who found a new place to work at Tashkeel in Dubai’s Al Fahidi historical district. Courtesy: Next Chapter
    Noura Al Kaabi, the Minister of Culture and Youth and Hessa Buhumaid, the Minister of Community Development, are shown around a studio space by Emirati artists Abdullah Lutfi and Asma Baker who found a new place to work at Tashkeel in Dubai’s Al Fahidi historical district. Courtesy: Next Chapter
  • Noura Al Kaabi, the Minister of Culture and Youth, shows off a ring designed by Emirati artist Asma Baker. Courtesy: Next Chapter
    Noura Al Kaabi, the Minister of Culture and Youth, shows off a ring designed by Emirati artist Asma Baker. Courtesy: Next Chapter
  • Dubai Artist Abdulla Lutfi. Two Emirati artists with special needs have been given studio space at Tashkeel in the Al Fahidi historical area. Chris Whiteoak / The National
    Dubai Artist Abdulla Lutfi. Two Emirati artists with special needs have been given studio space at Tashkeel in the Al Fahidi historical area. Chris Whiteoak / The National
  • Artwork by Abdullah Lutfi. Chris Whiteoak / The National
    Artwork by Abdullah Lutfi. Chris Whiteoak / The National
  • Artwork by Dubai artist Abdullah Lutfi. Chris Whiteoak / The National
    Artwork by Dubai artist Abdullah Lutfi. Chris Whiteoak / The National
  • Artwork by Abdullah Lutfi that expresses his experiences during the coronavirus pandemic. Chris Whiteoak / The National
    Artwork by Abdullah Lutfi that expresses his experiences during the coronavirus pandemic. Chris Whiteoak / The National
  • Dubai artist Abdulla Lutfi with some of his works. Chris Whiteoak / The National
    Dubai artist Abdulla Lutfi with some of his works. Chris Whiteoak / The National
  • Dubai artist Abdullah Lutfi with his new work that draws from a shared experience during the coronavirus pandemic. Chris Whiteoak / The National
    Dubai artist Abdullah Lutfi with his new work that draws from a shared experience during the coronavirus pandemic. Chris Whiteoak / The National
  • Dubai artist Asma Baker paints, writes and designs jewellery. Chris Whiteoak / The National
    Dubai artist Asma Baker paints, writes and designs jewellery. Chris Whiteoak / The National
  • Artist Asma Baker at work. Chris Whiteoak / The National
    Artist Asma Baker at work. Chris Whiteoak / The National
  • Artist Asma Baker with teacher Gulshan Kavarana. Chris Whiteoak / The National
    Artist Asma Baker with teacher Gulshan Kavarana. Chris Whiteoak / The National
  • Art teacher Gulshan Kavarana supports two Emirati artists with special needs who have been given a space to work in a Tashkeel studio in the Al Fahidi area of Dubai. Chris Whiteoak / The National
    Art teacher Gulshan Kavarana supports two Emirati artists with special needs who have been given a space to work in a Tashkeel studio in the Al Fahidi area of Dubai. Chris Whiteoak / The National
PROFILE OF SWVL

Started: April 2017

Founders: Mostafa Kandil, Ahmed Sabbah and Mahmoud Nouh

Based: Cairo, Egypt

Sector: transport

Size: 450 employees

Investment: approximately $80 million

Investors include: Dubai’s Beco Capital, US’s Endeavor Catalyst, China’s MSA, Egypt’s Sawari Ventures, Sweden’s Vostok New Ventures, Property Finder CEO Michael Lahyani

THE BIO: Martin Van Almsick

Hometown: Cologne, Germany

Family: Wife Hanan Ahmed and their three children, Marrah (23), Tibijan (19), Amon (13)

Favourite dessert: Umm Ali with dark camel milk chocolate flakes

Favourite hobby: Football

Breakfast routine: a tall glass of camel milk

Gothia Cup 2025

4,872 matches 

1,942 teams

116 pitches

76 nations

26 UAE teams

15 Lebanese teams

2 Kuwaiti teams

AIR
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EBen%20Affleck%3Cbr%3E%3Cbr%3E%3Cstrong%3EStars%3A%20%3C%2Fstrong%3EMatt%20Damon%2C%20Jason%20Bateman%2C%20Ben%20Affleck%2C%20Viola%20Davis%3Cbr%3E%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
Countries recognising Palestine

France, UK, Canada, Australia, Portugal, Belgium, Malta, Luxembourg, San Marino and Andorra

 

In numbers: China in Dubai

The number of Chinese people living in Dubai: An estimated 200,000

Number of Chinese people in International City: Almost 50,000

Daily visitors to Dragon Mart in 2018/19: 120,000

Daily visitors to Dragon Mart in 2010: 20,000

Percentage increase in visitors in eight years: 500 per cent

Results

5pm: Al Falah – Maiden (PA) Dh80,000 (Turf) 1,200m; Winner: Bshara, Richard Mullen (jockey), Salem Al Ketbi (trainer)

5.30pm: Wathba Stallions Cup – Handicap (PA) Dh70,000 (T) 1,400m; Winner: AF Musannef, Tadhg O’Shea, Ernst Oertel

6pm: Al Dhafra – Maiden (PA) Dh80,000 (T) 1,600m; Winner: AF Mualami, Antonio Fresu, Abubakar Daud

6.30pm: Al Khaleej Al Arabi – Handicap (PA) Dh80,000 (T) 1,600m; Winner: Hawafez, Adrie de Vries, Abubakar Daud

7pm: Al Mafraq – Handicap (PA) Dh80,000 (T) 1,600m; Winner: JAP Almahfuz, Royston Ffrench, Irfan Ellahi

7.30pm: Al Samha – Handicap (TB) Dh80,000 (T) 1,600m; Winner: Celestial Spheres, Patrick Cosgrave, Ismail Mohammed

Most sought after workplace benefits in the UAE
  • Flexible work arrangements
  • Pension support
  • Mental well-being assistance
  • Insurance coverage for optical, dental, alternative medicine, cancer screening
  • Financial well-being incentives 
COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%3A%20%3C%2Fstrong%3EMascotte%20Health%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2023%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EMiami%2C%20US%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFounder%3A%3C%2Fstrong%3E%20Bora%20Hamamcioglu%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EOnline%20veterinary%20service%20provider%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20%241.2%20million%20raised%20in%20seed%20funding%3C%2Fp%3E%0A
Earth under attack: Cosmic impacts throughout history

4.5 billion years ago: Mars-sized object smashes into the newly-formed Earth, creating debris that coalesces to form the Moon

- 66 million years ago: 10km-wide asteroid crashes into the Gulf of Mexico, wiping out over 70 per cent of living species – including the dinosaurs.

50,000 years ago: 50m-wide iron meteor crashes in Arizona with the violence of 10 megatonne hydrogen bomb, creating the famous 1.2km-wide Barringer Crater

1490: Meteor storm over Shansi Province, north-east China when large stones “fell like rain”, reportedly leading to thousands of deaths.  

1908: 100-metre meteor from the Taurid Complex explodes near the Tunguska river in Siberia with the force of 1,000 Hiroshima-type bombs, devastating 2,000 square kilometres of forest.

1998: Comet Shoemaker-Levy 9 breaks apart and crashes into Jupiter in series of impacts that would have annihilated life on Earth.

-2013: 10,000-tonne meteor burns up over the southern Urals region of Russia, releasing a pressure blast and flash that left over 1600 people injured.

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

Sarfira

Director: Sudha Kongara Prasad

Starring: Akshay Kumar, Radhika Madan, Paresh Rawal 

Rating: 2/5

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.”

COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4
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%20Ramez%20Gab%20Min%20El%20Akher
%3Cp%3E%3Cstrong%3ECreator%3A%3C%2Fstrong%3E%20Ramez%20Galal%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Ramez%20Galal%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStreaming%20on%3A%20%3C%2Fstrong%3EMBC%20Shahid%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E2.5%2F5%3C%2Fp%3E%0A
Company%20profile%20
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Titanium Escrow profile

Started: December 2016
Founder: Ibrahim Kamalmaz
Based: UAE
Sector: Finance / legal
Size: 3 employees, pre-revenue  
Stage: Early stage
Investors: Founder's friends and Family

COMPANY PROFILE
Name: Akeed

Based: Muscat

Launch year: 2018

Number of employees: 40

Sector: Online food delivery

Funding: Raised $3.2m since inception 

Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

7.

Singapore

8.

Australia

9.

Saudi Arabia

10.

South Korea

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

Frankenstein in Baghdad
Ahmed Saadawi
​​​​​​​Penguin Press

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