South Indian film star "Mammootty", with his wife Sulfath, at the opening of Abu Dhabi Film Festival 2012.
South Indian film star "Mammootty", with his wife Sulfath, at the opening of Abu Dhabi Film Festival 2012.
South Indian film star "Mammootty", with his wife Sulfath, at the opening of Abu Dhabi Film Festival 2012.
South Indian film star "Mammootty", with his wife Sulfath, at the opening of Abu Dhabi Film Festival 2012.

Richard Gere dazzles fans at opening of Abu Dhabi Film Festival


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ABU DHABI // As dapper as ever, Richard Gere dazzled screaming fans as he walked the red carpet on the first night of the Abu Dhabi Film Festival.

Gere, 63, who stars in the ADFF's opening film Arbitrage, said he was impressed with support in the Middle East for local film talent.

"Young filmmakers all over the world help us see ourselves and help us change," he said. "They give us new ideas and new energy. That the Arab world is encouraging them is extraordinarily good."

Gere, on his first trip to Abu Dhabi, said he hoped to explore the desert while here. "I've only seen the inside of my hotel room so far."

In the film, the Hollywood veteran plays Robert Miller, a crooked New York hedge-fund magnate trying to sell his troubled empire to a bank.

His life changes when he is involved in a car crash that kills his mistress, played by the French actress and model Laetetia Casta.

The psychological thriller has grossed more than US$5 million (Dh18.3m) at the US box office in the past two weeks.

Susan Sarandon stars as Gere's wife - the second time the two have appeared opposite each other - the first being in the 2004 romantic comedy, Shall We Dance.

"[Susan] is one of my best friends but we keep saying that [in the next film] she shouldn't be my wife. Then we'll have an even better relationship," joked the heart-throb actor best known for his Hollywood films, Pretty Woman and An Officer and a Gentleman.

The red carpet event, which was held at the Emirates Palace hotel, was also attended by the film's director, Nicholas Jarecki, and Gere's co-star, Nate Parker.

Jarecki, 33, said the financial crisis inspired him to write the script.

"I saw the world collapsing around me in 2008 and thought it was a great topic," he said. "A man in jeopardy is always a good subject in a film."

The American writer and director is best-known for his 2009 film adaptation of Bret Easton Ellis's best-selling novel, The Informers, which starred Kim Basinger, Winona Ryder, Billy Bob Thornton and Mickey Rourke.

He also produced the documentary, Tyson, which won a Special Jury Prize at the 2008 Cannes International Film Festival.

Jarecki said Arbitrage was an attempt to gain insight into how the crisis happened.

"It's easy to point a finger and assign blame, but it's harder to understand and empathise," he said.

His first meeting with Gere in the actor's New York restaurant, Bedford Post Inn, sealed the deal.

"We started rehearsing right there and I played his mistress," Jarecki said. "He threw me up against the wall and stared deeply into my eyes, and that's when we decided to make the film together."

The film's executive producer, Mohammed Al Turki, also made an appearance at the film's Middle East premiere.

Al Turki said the film reflected the fact that "the world is not as perfect as it seems".

"In the film everything seems perfect on the outside, but you never know what's going on behind closed doors," she said.

Others seen on the carpet include Sheikh Nahyan bin Mubarak, the Minister of Higher Education and Scientific Research, and an array of Arab cinema stars.

More than 3,000 movies from 45 countries were submitted to this year's festival, which will include 39 films produced in the UAE.

The festival, which has returned to Emirates Palace hotel after a stint last year at the Fairmont Bab Al Bahr, will have eight world premieres, 81 feature films, 62 narrative films and 19 documentaries.

This is the sixth edition of the ADFF, which has undergone various structural changes to its management including the appointment of the Emirati actor Ali Al Jabri as its new director.

It is also the first year the festival will be managed by Abu Dhabi's entertainment free zone, twofour54.

Today the cast and crew members of Arbitrage will hold a one-hour "intimate conversation" at Emirates Palace from 2.30 to 3.30, which is open to the public.

ADFF is also offering two free masterclasses at the hotel at 5pm and 8pm.

For more information visit www.abudhabifilmfestival.com.

Essentials

The flights

Emirates and Etihad fly direct from the UAE to Geneva from Dh2,845 return, including taxes. The flight takes 6 hours. 

The package

Clinique La Prairie offers a variety of programmes. A six-night Master Detox costs from 14,900 Swiss francs (Dh57,655), including all food, accommodation and a set schedule of medical consultations and spa treatments.

UAE v Gibraltar

What: International friendly

When: 7pm kick off

Where: Rugby Park, Dubai Sports City

Admission: Free

Online: The match will be broadcast live on Dubai Exiles’ Facebook page

UAE squad: Lucas Waddington (Dubai Exiles), Gio Fourie (Exiles), Craig Nutt (Abu Dhabi Harlequins), Phil Brady (Harlequins), Daniel Perry (Dubai Hurricanes), Esekaia Dranibota (Harlequins), Matt Mills (Exiles), Jaen Botes (Exiles), Kristian Stinson (Exiles), Murray Reason (Abu Dhabi Saracens), Dave Knight (Hurricanes), Ross Samson (Jebel Ali Dragons), DuRandt Gerber (Exiles), Saki Naisau (Dragons), Andrew Powell (Hurricanes), Emosi Vacanau (Harlequins), Niko Volavola (Dragons), Matt Richards (Dragons), Luke Stevenson (Harlequins), Josh Ives (Dubai Sports City Eagles), Sean Stevens (Saracens), Thinus Steyn (Exiles)

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

Profile

Co-founders of the company: Vilhelm Hedberg and Ravi Bhusari

Launch year: In 2016 ekar launched and signed an agreement with Etihad Airways in Abu Dhabi. In January 2017 ekar launched in Dubai in a partnership with the RTA.

Number of employees: Over 50

Financing stage: Series B currently being finalised

Investors: Series A - Audacia Capital 

Sector of operation: Transport

The specs

Engine: 8.0-litre, quad-turbo 16-cylinder

Transmission: 7-speed auto

0-100kmh 2.3 seconds

0-200kmh 5.5 seconds

0-300kmh 11.6 seconds

Power: 1500hp

Torque: 1600Nm

Price: Dh13,400,000

On sale: now

MOUNTAINHEAD REVIEW

Starring: Ramy Youssef, Steve Carell, Jason Schwartzman

Director: Jesse Armstrong

Rating: 3.5/5

In numbers

Number of Chinese tourists coming to UAE in 2017 was... 1.3m

Alibaba’s new ‘Tech Town’  in Dubai is worth... $600m

China’s investment in the MIddle East in 2016 was... $29.5bn

The world’s most valuable start-up in 2018, TikTok, is valued at... $75bn

Boost to the UAE economy of 5G connectivity will be... $269bn 

RESULTS

1.30pm Handicap (PA) Dh 50,000 (Dirt) 1,400m

Winner AF Almomayaz, Hugo Lebouc (jockey), Ali Rashid Al Raihe (trainer)

2pm Handicap (TB) Dh 84,000 (D) 1,400m

Winner Karaginsky, Tadhg O’Shea, Satish Seemar.

2.30pm Maiden (TB) Dh 60,000 (D) 1,200m

Winner Sadeedd, Ryan Curatolo, Nicholas Bachalard.

3pm Conditions (TB) Dh 100,000 (D) 1,950m

Winner Blue Sovereign, Clement Lecoeuvre, Erwan Charpy.

3.30pm Handicap (TB) Dh 76,000 (D) 1,800m

Winner Tailor’s Row, Royston Ffrench, Salem bin Ghadayer.

4pm Maiden (TB) Dh 60,000 (D) 1,600m

Winner Bladesmith, Tadhg O’Shea, Satish Seemar.

4.30pm Handicap (TB) Dh 68,000 (D) 1,000m

Winner Shanaghai City, Fabrice Veron, Rashed Bouresly.

Dubai Women's Tour teams

Agolico BMC
Andy Schleck Cycles-Immo Losch
Aromitalia Basso Bikes Vaiano
Cogeas Mettler Look
Doltcini-Van Eyck Sport
Hitec Products – Birk Sport 
Kazakhstan National Team
Kuwait Cycling Team
Macogep Tornatech Girondins de Bordeaux
Minsk Cycling Club 
Pannonia Regional Team (Fehérvár)
Team Auvergne-Rhône-Alpes
Team Ciclotel
UAE Women’s Team
Under 23 Kazakhstan Team
Wheel Divas Cycling Team

Indoor cricket in a nutshell

Indoor cricket in a nutshell
Indoor Cricket World Cup - Sept 16-20, Insportz, Dubai

16 Indoor cricket matches are 16 overs per side
8 There are eight players per team
9 There have been nine Indoor Cricket World Cups for men. Australia have won every one.
5 Five runs are deducted from the score when a wickets falls
4 Batsmen bat in pairs, facing four overs per partnership

Scoring In indoor cricket, runs are scored by way of both physical and bonus runs. Physical runs are scored by both batsmen completing a run from one crease to the other. Bonus runs are scored when the ball hits a net in different zones, but only when at least one physical run is score.

Zones

A Front net, behind the striker and wicketkeeper: 0 runs
B Side nets, between the striker and halfway down the pitch: 1 run
C Side nets between halfway and the bowlers end: 2 runs
D Back net: 4 runs on the bounce, 6 runs on the full

Chef Nobu's advice for eating sushi

“One mistake people always make is adding extra wasabi. There is no need for this, because it should already be there between the rice and the fish.
“When eating nigiri, you must dip the fish – not the rice – in soy sauce, otherwise the rice will collapse. Also, don’t use too much soy sauce or it will make you thirsty. For sushi rolls, dip a little of the rice-covered roll lightly in soy sauce and eat in one bite.
“Chopsticks are acceptable, but really, I recommend using your fingers for sushi. Do use chopsticks for sashimi, though.
“The ginger should be eaten separately as a palette cleanser and used to clear the mouth when switching between different pieces of fish.”

How Sputnik V works

The Light of the Moon

Director: Jessica M Thompson

Starring: Stephanie Beatriz, Michael Stahl-David

Three stars

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The years Ramadan fell in May

1987

1954

1921

1888