Never mind Dubai's best malls - where are Abu Dhabi's?


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We won't comment on the fact that there's a competition ranking the best malls in Dubai. We will, however, gladly report the shock of shopaholics to hear that Mall of the Emirates was voted best shopping mall for a second year. "I don't get it," we heard a shopper complain to her friend. "There's Dubai Mall now, and it's so huge that I still haven't seen it all!" "And it has a Manolo Blahnik," answered the friend. "Any mall that has a Manolo Blahnik should be voted the best."

In total, 68 malls competed. We try not to dwell on the fact that we don't have anywhere near 10 good-enough malls in Abu Dhabi, let alone 68. The journey so far Final-year students of the applied media department at the Higher Colleges of Technology's Abu Dhabi Women's College have been showing their talents this week at the Desert Rose 2009 exhibition. It showcases work produced over three years of college education in graphic design, audio, journalism, multimedia and photography.

"We do a lot of our art for our own personal amusement," says student Anood al Mulla. "An artist has to be unafraid to express herself whenever the urge strikes, and this exhibition is about our expressions." The exhibition, in its eight year, is entitled Out of the... and will run until Thursday at Ghaf Gallery. A hero's welcome The budding footballers who showed up at Dubai's Arsenal Soccer School last Wednesday got the shock of their lives when they saw Cesc Fabregas standing there to welcome them on their first day at the training institute.

Fabregas was not much older than the children when he became Arsenal's youngest ever first-team player in 2003, aged 16 years and 177 days. Dubai's youngsters will be trained to follow in their idol's footsteps, and taught to "play the Arsenal way" at the school, which will be permanently based at The Sevens, Emirates Airline's own sporting venue, offering young people the chance to train with Arsenal's UEFA-licensed coaches.

For Filipinos, a taste of home Any Filipinos hankering for a taste of home should pop along to the Renaissance Hotel in Dubai's Deira district. For the next couple of weeks, a Filipino food festival will offer up such favourites as chicken adobo, oxtail kare-kare, lumpiang shanghai spring rolls and daing na bangus, or fried milk fish. If you still have room after all that, you can gorge on coconut mousse and brazo de mercedes, a cream-filled log cake.

The promotional buffet in Spice Island is priced from Dh169 to Dh289 and runs until June 23. Sit down for some stand-up If you grew up on the anarchic humour of the British comedy improvisation show Whose Line Is It Anyway? in the 1990s, it's time to take a trip down memory lane. The hit TV series has been resurrected for a short run at the Madinat Jumeirah theatre. The live performance will feature several of the original players, including Richard Vranch, Ian Coppinger and Stephen Frost.

Tickets priced at Dh150 are still available for tonight but if you miss them this weekend, you can also catch the comedians from Thursday to Saturday inclusive. * The National

Why your domicile status is important

Your UK residence status is assessed using the statutory residence test. While your residence status – ie where you live - is assessed every year, your domicile status is assessed over your lifetime.

Your domicile of origin generally comes from your parents and if your parents were not married, then it is decided by your father. Your domicile is generally the country your father considered his permanent home when you were born. 

UK residents who have their permanent home ("domicile") outside the UK may not have to pay UK tax on foreign income. For example, they do not pay tax on foreign income or gains if they are less than £2,000 in the tax year and do not transfer that gain to a UK bank account.

A UK-domiciled person, however, is liable for UK tax on their worldwide income and gains when they are resident in the UK.

What are NFTs?

Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.

You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”

However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.

This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”

This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.

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