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The Latest Breaking News from Abu Dhabi

Perez opens up on F1 2023 slump - "I cannot be this bad, something's going on"

It feels like ages ago since Perez lived up to his once-valid 'street race king' moniker and won the Azerbaijan Grand Prix, cutting team-mate Max Verstappen's lead to just six points as he vowed to take the 2023 title fight all the way. His pole in the subsequent Miami Grand…

Autosport

Motorsport events to watch during winter break - how to watch

Most events will now be enjoying a deserved rest period over the Christmas break but events such as Asian Le Mans kicked off in early December, while the 2024 Formula E season begins mid-January, so there are plenty of events to watch.

Autosport

FedEx’s boom and slump is partly just a COVID distortion, says CEO Raj Subramaniam

“If there was no pandemic, the trend [would] be kind of okay,” Subramaniam said at the Fortune Global Forum in Abu Dhabi.

Fortune

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‘Brand Dubai’: how the city-state is using Cop28 climate talks to build influence

The emirate hosting the UN’s climate conference is selling a gilded vision of aspiration built on oil and everything it powers

The Guardian - UK

Culture Secretary intervenes in Abu Dhabi-backed takeover of Daily Telegraph

The Culture Secretary has intervened in an Abu Dhabi-backed takeover of The Daily Telegraph by asking the media watchdog to investigate its…

The National (Scotland)

UK To Probe Of UAE-backed Takeover Of Telegraph

The UK government said on Thursday it had triggered a formal probe on public interest grounds into the proposed sale of the Telegraph Media Group to an Abu Dhabi-backed investment fund.

International Business Times

AlphaTauri to address side-effects of low-speed prowess with 2024 F1 car

The Anglo-Italian squad grabbed attention with its raft of steady floor upgrades in recent months, that according to McLaren team boss Andrea Stella had made the AT04 the best car in low-speed corners by the season finale in Abu Dhabi.

Autosport

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Abu Dhabi and Asia show crypto is charging ahead—with or without the U.S.

The U.S. has good reasons to stifle crypto—but what's happening elsewhere shows the genie is out of the bottle.

Fortune

Hamilton admits to self-doubt, says Abu Dhabi 2021 prompted F1 retirement thoughts

The seven-time champion has undergone a challenging two years with the Mercedes squad, which has found itself unable to regularly match the pace of the dominant Red Bull outfit.

Motorsport

AlphaTauri to address side effects of low-speed F1 prowess with 2024 car

Motorsport

2024 F1 season driver line-up and calendar: Everything you need to know

Last year was dominated by Max Verstappen and Red Bull, with a few teams such as McLaren and Ferrari starting to improve their car towards the end of the year.

Motorsport

Ferrari needs to make more of its F1 opportunities in 2024 – Vasseur

Ferrari was beaten by Mercedes to second in the 2023 constructors' championship in Abu Dhabi by three points after both teams went through a season full of ups and downs with their peaky cars. Just like its counterpart from Brackley, Ferrari started off on the wrong foot in Bahrain with…

Motorsport

Vasseur: Ferrari needs to make more of its opportunities in F1 2024

Ferrari was beaten by Mercedes to second in the 2023 constructors' championship in Abu Dhabi by three points after both teams went through a season full of ups and downs with peaky cars. Just like its counterpart from Brackley, Ferrari started off on the wrong foot in Bahrain with a…

Autosport

Obama advisor turned Wall Street CEO says everyone’s AI predictions will be ‘invariably wrong’

Lazard CEO Peter Orszag told Fortune's Global Forum in Abu Dhabi that “a dose of humility” is needed among those speculating on the impact of AI.

Fortune

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Fortune

The UAE's leading AI CEO addresses bombshell New York Times report alleging China ties, says he didn't finish reading the story

"It’s correct that we all need to pay attention to the proper development of AI, and ultimately what we use AI for," G42's Peng Xiao said at Fortune's Global Forum in Abu Dhabi.

Fortune

Billionaire Ray Dalio on the most important vote of our lifetime: 'I pray that we do not have another Trump-Biden election'

"No good society exists with this kind of fighting," the Bridgewater founder said at Fortune's Global Forum in Abu Dhabi.

Fortune

Ray Dalio slams 'tragedy' of a New York Times journalist's shocking book about him, claiming he was a Bridgewater reject who wrote 'fiction, created as fact'

“When truth gets mixed with fiction by journalists, the country has a problem,” the founder of the world’s largest hedge fund said at Fortune's Global Forum in Abu Dhabi.

Fortune

The CEO behind nearly 10,000 KFCs in China explains the country’s consumption slump: A 'psychological' consequence of COVID-zero

“We can understand why people became rather cautious and rational with their spending,” Yum China CEO Joey Wat said at the Fortune Global Forum in Abu Dhabi.

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Autosport

O'Ward: Moving to F1 after winning Indy 500 would be a "Cinderella story"

O'Ward impressed on his latest appearance in McLaren's F1 machinery by finishing second in Abu Dhabi's post-season test, completing 103 laps in the 2023 MCL60 to put himself just 0.269s behind Alpine's leading Esteban Ocon.

Fortune

As billionaire hedge fund managers flock to the Middle East, a key official says watch out for Abu Dhabi as a financial hub in the next 2 to 3 years

At Fortune's Global Forum in Abu Dhabi, H.E. Ahmed Jasim Al Zaabi echoes the billionaires Alan Howard and Ray Dalio: The city is a major emerging financial district.

Golf Monthly

Report: Spanish DP World Tour Winners Sign Up For LIV Golf Qualifier

Gonzalo Fernandez-Castano and Alvaro Quiros will play in December's LIV Golf Promotions event in Abu Dhabi

Autosport

Ocon tops F1's Abu Dhabi post-season test as Russell crashes

Abu Dhabi's one-day test is a combined exercise to hand Pirelli extra tyre data while also providing a chance to rookie drivers to gather valuable miles. All teams ran two cars, one for each assignment.

Fortune

Climate change’s impact on real estate: AI founder breaks down how 'many places are doomed’ but others will be ‘the most valuable asset class in the world’

Forget the Black Swan, Climate Alpha’s Parag Khanna said at Fortune’s Global Forum in Abu Dhabi. “The real risks in the world today are the Green Swans and they are flocking.”

Fortune

Renewable exec on ‘relentless consumption’ driving the climate crisis: 'It seems as if people are behaving in a way that we would never tell our children to behave’

WasteFuel’s Trevor Neilson spoke at the Fortune Global Forum in Abu Dhabi on consumption, biofuels and climate activists: “They’re an interesting bunch.”

Fortune

The head of the Middle East's largest private oil producer says we'll need '100 times more' renewable energy to meet demand

“You need to add a new Saudi Arabia every two years just to meet the current demand," Crescent Petroleum CEO Majid Jafar said at Fortune's Global Forum in Abu Dhabi.

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