For four generations, Lebanese jeweller Mouawad has been crafting one-of-a-kind pieces for royal families as well as the wealthy. Founded in 1908 in Beirut as a maker of intricate clocks and bespoke jewels for the city's rich and famous, the brand soon expanded to the wider Gulf region, adding luxury timepieces to its growing range.
Today, Mouawad is a global name in luxury jewellery and diamonds. With its headquarters in Geneva, it's still very much a family-run business, but one that's happy to evolve with the times.
In 2019, Mouawad became the official jeweller for Miss Universe, crafting a one-of-a-kind crown for the winner of the title. South Africa's Zozibini Tunzi won that year.
The association with a global beauty pageant, Fred Mouawad tells The National, was a means to reach a "broader base of customers". And it's a strategy that's worked wonders.
"In the past, we were very elitist. We were very high end, and we didn't have much recognition with the masses," he says. "And now we're realising that our brand awareness has increased with a customer segment that we did not have previously, and that's also enabling us to create collections that are more affordable."
Fred, who serves as "co-guardian" of the brand with his brothers Alain and Pascal, calls it "the next evolution of Mouawad".
"We've always had more affordable jewellery in our collections, priced between $2,000 and $10,000. Now we want to emphasise a little bit more on that and really grow our customer base."
Making the Miss Universe crown
Discussions about The Power of Unity crown, as the Miss Universe crown is known, first began in 2018, right after Mouawad's relationship with Victoria's Secret ended. Mouawad had been creating record-breaking bejewelled bras for the lingerie brand's star-studded annual fashion show since 2000 when the event was cancelled because of widespread controversy and declining viewership.
"We thought, 'What can we do that's in line with our heritage, something majestic that would have a very wide exposure?'," Fred says. "And we thought of Miss Universe, because we are, after all, jewellers to royalty. So why don't we use our know-how to also create a crown for the most beautiful women in the world?"
The process of crafting the actual crown took about six months, Fred says.
"They wanted a crown that would symbolise the coming of communities together. So we sent them a few sketches and after a number of back and forths we came up with the Power of Unity crown.
"I don't think we would have ended up with this design if we made the decision entirely on our own, but it was truly a collaboration between Mouawad and the Miss Universe team and I think it's beautiful."
Featuring interwoven petals, leaves and vines all crafted in 18-karat gold and set with white diamonds, the highlight of the Power of Unity crown is a 62.83 carat canary diamond placed in the centre. Two other pearls, cut from the same stone as the centre diamond, are placed on either side of the crown.
"The canary diamond has the shape of a shield, which made it perfect," Fred says. "Because it's a reminder that we should shield people from biases. This crown is about empowering people, giving equal opportunities for people and living in peace and harmony."
He estimates the value of the crown to be between $4 million and $5 million.
Miss Universe Thailand's Power of Resilience crown
Fred, who moved to Bangkok in 1990 to look after Mouawad's diamond business across Asia, is also behind the brand's relationship with Miss Universe Thailand. For the third year this year, Mouawad is the official jeweller for the annual pageant, creating the winner's crown.
"This project is different in that we create a crown every year with a new theme, and the winner gets to take it home as part of their prize," Fred says. This year's crown, called Power of Resilience, features 43 pear-shaped peridots and one marquise peridot, weighing 101.08 carat. They are surrounded by 158.24 carat of marquise-cut and round white topaz gems and 4.19 carat of round white diamonds, to embody the values of purity and honesty.
Anna Sueangam-iam, 23, the daughter of former refuse collectors, was named Miss Universe Thailand 2022 in a pageant that took place on July 30 at True Icon Hall in Bangkok.
The hotel and tourism management graduate was crowned by her predecessor, Anchilee Scott-Kemmis, and Miss Universe 2018 Catriona Gray, beating 28 other women on the night.
“Wearing the Power of Resilience Crown carries a message of positivity that we all have the power within us to rise above any challenges," Fred says. "It is a belief in our ability to adapt to whatever life gives us and the courage and strength to push forward towards a brighter future."
A global Lebanese brand
Part of Mouawad's success, Fred says, is an appreciation of its roots, while keeping a global outlook.
"Lebanon has the longest history of trading, of having traders or sailors since the Phoenicians, so we are a very old culture. So for me when we create, we don't necessarily go back to our roots, but we try to create for our audience based on our own universal standards on what we think beauty is," he says.
"So we have a certain style, which I'd define as timeless and elegant. At times, I would say we're also avant garde. We try to innovate in our designs, but we tend to always fall within what I call 'timeless elegance'."
Fred's father, Robert Mouawad, who ran the company for 45 years, handed over the reins to his three sons in 2010. Now, the family's fifth generation, Fred's son Jimmy Mouawad and niece Anastasia, have recently joined to play key roles in the business.
The plan, he says, is to take Mouawad truly global.
"We want to be a lot more international, a lot more present and a lot more recognised with more retail points. That, as well as make our collections that much more accessible for a larger customer base," he says. "And that is why our associations with organisations such as Miss Universe are so important."
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The 12
England
Arsenal, Chelsea, Liverpool, Manchester City, Manchester United, Tottenham Hotspur
Italy
AC Milan, Inter Milan, Juventus
Spain
Atletico Madrid, Barcelona, Real Madrid
What vitamins do we know are beneficial for living in the UAE
Vitamin D: Highly relevant in the UAE due to limited sun exposure; supports bone health, immunity and mood.
Vitamin B12: Important for nerve health and energy production, especially for vegetarians, vegans and individuals with absorption issues.
Iron: Useful only when deficiency or anaemia is confirmed; helps reduce fatigue and support immunity.
Omega-3 (EPA/DHA): Supports heart health and reduces inflammation, especially for those who consume little fish.
If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.
When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.
How to get there: Emirates currently flies from Dubai to Orlando five times a week.
INDIA SQUAD
Virat Kohli (capt), Rohit Sharma, Shikhar Dhawan, KL Rahul, Vijay Shankar, MS Dhoni (wk), Kedar Jadhav, Dinesh Karthik, Yuzvendra Chahal, Kuldeep Yadav, Bhuvneshwar Kumar, Jasprit Bumrah, Hardik Pandya, Ravindra Jadeja, Mohammed Shami
5 of the most-popular Airbnb locations in Dubai
Bobby Grudziecki, chief operating officer of Frank Porter, identifies the five most popular areas in Dubai for those looking to make the most out of their properties and the rates owners can secure:
• Dubai Marina
The Marina and Jumeirah Beach Residence are popular locations, says Mr Grudziecki, due to their closeness to the beach, restaurants and hotels.
Frank Porter’s average Airbnb rent:
One bedroom: Dh482 to Dh739
Two bedroom: Dh627 to Dh960
Three bedroom: Dh721 to Dh1,104
• Downtown
Within walking distance of the Dubai Mall, Burj Khalifa and the famous fountains, this location combines business and leisure. “Sure it’s for tourists,” says Mr Grudziecki. “Though Downtown [still caters to business people] because it’s close to Dubai International Financial Centre."
Frank Porter’s average Airbnb rent:
One bedroom: Dh497 to Dh772
Two bedroom: Dh646 to Dh1,003
Three bedroom: Dh743 to Dh1,154
• City Walk
The rising star of the Dubai property market, this area is lined with pristine sidewalks, boutiques and cafes and close to the new entertainment venue Coca Cola Arena. “Downtown and Marina are pretty much the same prices,” Mr Grudziecki says, “but City Walk is higher.”
Frank Porter’s average Airbnb rent:
One bedroom: Dh524 to Dh809
Two bedroom: Dh682 to Dh1,052
Three bedroom: Dh784 to Dh1,210
• Jumeirah Lake Towers
Dubai Marina’s little brother JLT resides on the other side of Sheikh Zayed road but is still close enough to beachside outlets and attractions. The big selling point for Airbnb renters, however, is that “it’s cheaper than Dubai Marina”, Mr Grudziecki says.
Frank Porter’s average Airbnb rent:
One bedroom: Dh422 to Dh629
Two bedroom: Dh549 to Dh818
Three bedroom: Dh631 to Dh941
• Palm Jumeirah
Palm Jumeirah's proximity to luxury resorts is attractive, especially for big families, says Mr Grudziecki, as Airbnb renters can secure competitive rates on one of the world’s most famous tourist destinations.
Frank Porter’s average Airbnb rent:
One bedroom: Dh503 to Dh770
Two bedroom: Dh654 to Dh1,002
Three bedroom: Dh752 to Dh1,152
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The specs
AT4 Ultimate, as tested
Engine: 6.2-litre V8
Power: 420hp
Torque: 623Nm
Transmission: 10-speed automatic
Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)
On sale: Now
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
AndhaDhun
Director: Sriram Raghavan
Producer: Matchbox Pictures, Viacom18
Cast: Ayushmann Khurrana, Tabu, Radhika Apte, Anil Dhawan
Rating: 3.5/5
The specs: 2018 Peugeot 5008
Price, base / as tested: Dh99,900 / Dh134,900
Engine: 1.6-litre turbocharged four-cylinder
Transmission: Six-speed automatic
Power: 165hp @ 6,000rpm
Torque: 240Nm @ 1,400rpm
Fuel economy, combined: 5.8L / 100km
match info
Maratha Arabians 138-2
C Lynn 91*, A Lyth 20, B Laughlin 1-15
Team Abu Dhabi 114-3
L Wright 40*, L Malinga 0-13, M McClenaghan 1-17
Maratha Arabians won by 24 runs
J%20Street%20Polling%20Results
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hall of shame
SUNDERLAND 2002-03
No one has ended a Premier League season quite like Sunderland. They lost each of their final 15 games, taking no points after January. They ended up with 19 in total, sacking managers Peter Reid and Howard Wilkinson and losing 3-1 to Charlton when they scored three own goals in eight minutes.
SUNDERLAND 2005-06
Until Derby came along, Sunderland’s total of 15 points was the Premier League’s record low. They made it until May and their final home game before winning at the Stadium of Light while they lost a joint record 29 of their 38 league games.
HUDDERSFIELD 2018-19
Joined Derby as the only team to be relegated in March. No striker scored until January, while only two players got more assists than goalkeeper Jonas Lossl. The mid-season appointment Jan Siewert was to end his time as Huddersfield manager with a 5.3 per cent win rate.
ASTON VILLA 2015-16
Perhaps the most inexplicably bad season, considering they signed Idrissa Gueye and Adama Traore and still only got 17 points. Villa won their first league game, but none of the next 19. They ended an abominable campaign by taking one point from the last 39 available.
FULHAM 2018-19
Terrible in different ways. Fulham’s total of 26 points is not among the lowest ever but they contrived to get relegated after spending over £100 million (Dh457m) in the transfer market. Much of it went on defenders but they only kept two clean sheets in their first 33 games.
LA LIGA: Sporting Gijon, 13 points in 1997-98.
BUNDESLIGA: Tasmania Berlin, 10 points in 1965-66
Blackpink World Tour [Born Pink] In Cinemas
Starring: Rose, Jisoo, Jennie, Lisa
Directors: Min Geun, Oh Yoon-Dong
Rating: 3/5
Rafael Nadal's record at the MWTC
2009 Finalist
2010 Champion
Jan 2011 Champion
Dec 2011 Semi-finalist
Dec 2012 Did not play
Dec 2013 Semi-finalist
2015 Semi-finalist
Jan 2016 Champion
Dec 2016 Champion
2017 Did not play
Tomb Raider I–III Remastered
Developer: Aspyr
Publisher: Aspyr
Console: Nintendo Switch, PlayStation 4&5, PC and Xbox series X/S
Rating: 3/5
Kill%20Bill%20Volume%201
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