Where do you begin when trying to summarise arguably the toughest UAE automotive market on record, with Covid-19 forcing the world’s car factories to close from mid-March to mid-May?
Not a single car was sold in the UAE in April as showrooms were forced to stay closed during lockdown, which was replicated in neighbouring countries such as India, as well as across most of Europe and Asia.
Yet globally, more than 350 new models, facelifts and derivatives were still launched during the 10 months that the industry was open, so here are the 20 from 2020 that stood out for being exciting, innovative, much anticipated and / or hinting to an electric future in a distorted year.
Aston Martin DBX
This is Aston's first off-roader, and what a car it is. Designed from a clean sheet of paper, it doesn't compromise on anything, so offers loads of interior space, bespoke levels of comfort and, of course, rapid performance from its 4.0 twin-turbo V8.
Audi E-Tron
Audi's first all-electric car was launched to the world in Abu Dhabi and went on sale this year. It delivers 355 brake horsepower and 561Nm of torque for a top speed of 200 kilometres per hour and zero to 100kph in 6.5 seconds. Select boost mode and for eight seconds you get 402bhp and 660Nm, which cuts the 100kph dash to 5.7 seconds.
Audi S6
A bit of a sleeper among the sometime brash Euro luxury sportsters, the S6's subtle lines hide its impressive performance. A twin-turbo, 2.9 V6 delivers the same 444bhp as the old 4.0 V8 it replaced, but with less fuel and emissions. This is the thinking person's exec-express.
Bentley Bentayga
A mid-life update of Bentley's class-leading SUV introduced more than 1,000 modifications to maintain leadership in an expanding sector. With 20,000 units sold globally, it's an unequivocal success and a Middle East favourite, while some visual concerns from the first model have been sorted with this stylish makeover.
Bentley Continental GT
It's been a big year for Bentley for its two biggest models, with the Continental GT getting its first complete overhaul in 15 years. The 2020 model is lighter, stronger and faster thanks to help from sister company Porsche and, together with an important endurance race win in February, has cemented its place as a high-performance tourer.
BMW 4-Series
The important BMWs have always been from the smaller end of the pool with the 3-Series and 4-Series, so a new model is always newsworthy. Despite its many engineering advances, however, all the talk remains centred around that controversial nose. Officially launched, though yet to be seen on our roads, it’s taking a while for people to warm to BMW’s design overhaul.
Bugatti Chiron Pur Sport
In a word, breathtaking, both in a metaphorical and literal sense. As if the quad-turbo, 1500bhp, 8-litre W12 hypercar couldn’t get any faster, Bugatti has trimmed 50 kilograms and shortened up the gear ratios to make its Chiron Pur Sport both lighter and faster in acceleration at the expense of top end. It now “only” does 350kph instead of 420, but gets from zero to 100 in just 2.3 seconds compared to 2.5.
Cadillac Escalade
It seems like the big Caddy has been around forever, but completely redesigned and packing new technology, this fifth-generation iteration includes Sport trim for the first time with black chrome and an all-new, first-class interior. On sale at the end of December, the order books are now open.
Chevrolet Corvette C8
They said it would never be done, but Chevrolet is challenging the Italians by making its latest Corvette mid-engined, giving it proportions and handling much closer to Ferrari with performance to match: 2.9 to 100kph from the Z51 makes this the quickest Stingray in history.
Ferrari F8 Spider
The F8 Spider continues a lineage that began with the 308GTS as a topless, mid-mounted, twin-turbo V8 which now produces a mind-bending 720bhp and hits 200kph in 8.2 seconds. It’s almost too fast for the road.
Ferrari Roma
A more elegant option if you want to carry passengers, the Roma uses a different version of the F8’s turbo V8. It harks back to Ferrari’s glory days of the 1960s with models such as the 250GT and is arguably nicest-looking Ferrari in 50 years.
Jeep Gladiator
Jeep doesn't do things by halves. The Gladiator looks like it ate a JL Wrangler and tacked it on the end. This beast is enormous and unbelievably capable off-road, as discovered first-hand in a flash flood where it powered through swollen rivers. It has a 620kg payload while a new five-link rear end lets it tow up to 2,720kg.
Land Rover Defender
Arguably the biggest launch of the year, the Defender is an emblem of UAE motoring, so replacing the 72-year-old original was never going to be easy. Fortunately, it handles the dunes better than any Land Rover to date and in more comfort than the previous model.
Maserati Ghibli Hybrid
The news is less about this specific model and more about Maserati's future as it heads down an electrified path starting with the Ghibli. Maserati's USP has been its V8 exhaust note, and that will go as EVs take hold. But for now, this Ghibli has a 48-volt alternator and electric supercharger to back its 2.0 turbo four-cylinder motor.
McLaren GT
Unlike the Ferrari Roma, McLaren's GT remains mid-engined with just two seats, so is it really a GT? Well, it has more luggage space than most GTs, provides better balance thanks to its engine being in the centre and was still comfortable after a long day's driving, so that's a yes.
Mercedes-Benz S-Class
A technological tour de force, the Mercedes-Benz S-Class looks like it will steamroll its competitors again as the benchmark luxury saloon. With its unrivalled comfort, chassis and performance, it adds the latest in connectivity and smart intelligence that will ensure it’s still relevant in 10 years.
Porsche Cayman and Boxster 4.0 GTS
This 4.0 GTS duo launched in February and keeps motoring fun with a six-speed manual and a beefy 395bhp, 4.0-litre, naturally aspirated, flat six-cylinder engine.
Porsche 911
Although revealed last year, the 992-gen 911 Carrera didn’t land until this year so it qualifies for this list. The 572bhp Turbo is now also with us, but we’ll stick with the entry Carrera that is still good for 282kph and 3.5 seconds to 100kph.
Porsche Taycan
Another Porsche, but this is the big one: the EV Taycan that has changed the game for luxury electric sports cars. Porsche says more than 50 per cent of its model range will be electrified by 2025.
Rolls-Royce Ghost
Like every Rolls-Royce, the new Ghost is big, comfortable and quiet except it's now also lighter, has four-wheel drive and rear-wheel steer. While the rest of the world changes, Rolls-Royce thankfully remains the same, albeit adjusting to a "post opulence" society.
Company profile
Name: The Concept
Founders: Yadhushan Mahendran, Maria Sobh and Muhammad Rijal
Based: Abu Dhabi
Founded: 2017
Number of employees: 7
Sector: Aviation and space industry
Funding: $250,000
Future plans: Looking to raise $1 million investment to boost expansion and develop new products
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Hamilton profile
Age 32
Country United Kingdom
Grands Prix entered 198
Pole positions 67
Wins 57
Podiums 110
Points 2,423
World Championships 3
The biog
Name: Abeer Al Bah
Born: 1972
Husband: Emirati lawyer Salem Bin Sahoo, since 1992
Children: Soud, born 1993, lawyer; Obaid, born 1994, deceased; four other boys and one girl, three months old
Education: BA in Elementary Education, worked for five years in a Dubai school
Company%20Profile
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Dubai works towards better air quality by 2021
Dubai is on a mission to record good air quality for 90 per cent of the year – up from 86 per cent annually today – by 2021.
The municipality plans to have seven mobile air-monitoring stations by 2020 to capture more accurate data in hourly and daily trends of pollution.
These will be on the Palm Jumeirah, Al Qusais, Muhaisnah, Rashidiyah, Al Wasl, Al Quoz and Dubai Investment Park.
“It will allow real-time responding for emergency cases,” said Khaldoon Al Daraji, first environment safety officer at the municipality.
“We’re in a good position except for the cases that are out of our hands, such as sandstorms.
“Sandstorms are our main concern because the UAE is just a receiver.
“The hotspots are Iran, Saudi Arabia and southern Iraq, but we’re working hard with the region to reduce the cycle of sandstorm generation.”
Mr Al Daraji said monitoring as it stood covered 47 per cent of Dubai.
There are 12 fixed stations in the emirate, but Dubai also receives information from monitors belonging to other entities.
“There are 25 stations in total,” Mr Al Daraji said.
“We added new technology and equipment used for the first time for the detection of heavy metals.
“A hundred parameters can be detected but we want to expand it to make sure that the data captured can allow a baseline study in some areas to ensure they are well positioned.”
Infiniti QX80 specs
Engine: twin-turbocharged 3.5-liter V6
Power: 450hp
Torque: 700Nm
Price: From Dh450,000, Autograph model from Dh510,000
Available: Now
COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
The%C2%A0specs%20
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F1 The Movie
Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem
Director: Joseph Kosinski
Rating: 4/5
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Killing of Qassem Suleimani
The specs
Engine: 2.0-litre 4cyl turbo
Power: 261hp at 5,500rpm
Torque: 405Nm at 1,750-3,500rpm
Transmission: 9-speed auto
Fuel consumption: 6.9L/100km
On sale: Now
Price: From Dh117,059
Sonchiriya
Director: Abhishek Chaubey
Producer: RSVP Movies, Azure Entertainment
Cast: Sushant Singh Rajput, Manoj Bajpayee, Ashutosh Rana, Bhumi Pednekar, Ranvir Shorey
Rating: 3/5
Quick%20facts
%3Cul%3E%0A%3Cli%3EStorstockholms%20Lokaltrafik%20(SL)%20offers%20free%20guided%20tours%20of%20art%20in%20the%20metro%20and%20at%20the%20stations%3C%2Fli%3E%0A%3Cli%3EThe%20tours%20are%20free%20of%20charge%3B%20all%20you%20need%20is%20a%20valid%20SL%20ticket%2C%20for%20which%20a%20single%20journey%20(valid%20for%2075%20minutes)%20costs%2039%20Swedish%20krone%20(%243.75)%3C%2Fli%3E%0A%3Cli%3ETravel%20cards%20for%20unlimited%20journeys%20are%20priced%20at%20165%20Swedish%20krone%20for%2024%20hours%3C%2Fli%3E%0A%3Cli%3EAvoid%20rush%20hour%20%E2%80%93%20between%209.30%20am%20and%204.30%20pm%20%E2%80%93%20to%20explore%20the%20artwork%20at%20leisure%3C%2Fli%3E%0A%3C%2Ful%3E%0A
The specs
Engine: 6.2-litre supercharged V8
Power: 712hp at 6,100rpm
Torque: 881Nm at 4,800rpm
Transmission: 8-speed auto
Fuel consumption: 19.6 l/100km
Price: Dh380,000
On sale: now
In Search of Mary Shelley: The Girl Who Wrote Frankenstein
By Fiona Sampson
Profile
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.”
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
MATCH INFO
BRIGHTON 0
MANCHESTER UNITED 3
McTominay 44'
Mata 73'
Pogba 80'
COMPANY%20PROFILE
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The specs: 2018 Maserati GranTurismo/GranCabrio
Price, base Dh485,000 (GranTurismo) and Dh575,000 (GranCabrio)
Engine 4.7L V8
Transmission Six-speed automatic
Power 460hp @ 7,000rpm
Torque 520Nm @ 4,750rpm
Fuel economy, combined 14.3L (GranTurismo) and 14.5L (GranCabrio) / 100km
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