How do you prepare for the race of a lifetime?
Well, you crack some jokes with the mechanics and throw the surrounding media gaggle a smirk or two.
That’s the approach of Red Bull driver Max Verstappen, just over 72 hours before vying for his first F1 drivers’ title against reigning champion and Mercedes nemesis Lewis Hamilton.
It is 4pm and with the work done for the day, the UK outfit gathered for the last pre-race team photo. While the camera lens of the global media focused on the team effort responsible for making this year one of the most thrilling F1 seasons ever, all eyes were really on Verstappen.
Though he portrayed a cool demeanour, the body doesn’t lie. Every few minutes, he would inspect a certain aspect of the car. He gripped the steering wheel and rubbed his hand occasionally over the seat cushion.
Positioning himself for the photograph, his body gently rested on his state-of-the art racing vehicle. His pearl white helmet, festooned with logos of sponsors was placed on his thigh, while the fingers drummed an indiscernible rhythm.
Was he transcribing the mental images of the perfect race he plans for Sunday?
It’s that mixture of mystery and allure that makes the first day of the Etihad Airways Abu Dhabi Grand Prix so appealing.
It maybe the quietest of the four-day event, but it offers F1 fans and the general public a breezy opportunity to get up close on the action through the public Pit Lane Walk, which includes setting foot on the redesigned Yas Marina Circuit.
For John Todd, the experience was chance to connect with man and machine.
The London resident travelled to Abu Dhabi to attend his 9th Abu Dhabi Grand Prix and spend time with his brother.
“Being away from my family and seeing the F1 because of the Covid-19 situation has been difficult,” he tells The National from the race track. “So it’s just great to be back and get back to some normality again. For me that means coming here every year to the race weekend and for me, Thursday, is a great day because you really get to see the cars, the garages and how the team works together.
"It is kind of extraordinary how it all comes together.”
It a sentiment also shared by Paolo and Martina Bettencourt.
The Spanish teen siblings made the trip from the Canary Islands to Abu Dhabi as a reward for what has been a grueling school year.
The National catches them in the Oasis section of the circuit, the family-friendly area, home to various restaurant and fan zones.
After taking a selfie under a billowing flag of Alpine F1 race driver Fernando Alonso, the duo state they ticked off another box on their to do list.
“He is a hero in Spain and particularly for us in the Canary Islands because he always shows supports for our community,” Paulo, 16, says. “So this was the first thing we need to do on Thursday, now the next step is the Pit Lane Walk.”
This is the first F1 race the siblings attend.
“I love the F1 and I enjoy watching the races on television so I didn’t know what to expect here. I think it is better in person because it is a big experience. From the food to the music, there is a lot to see,” says Martina, 14.
There is also a lot more to come.
With Friday dedicated to families, the Oasis is gearing up for a bumper programme of entertainment. A stage is being set up for a number of local musicians to perform throughout the afternoon, while the heritage village showcasing Emirati culture and traditions such as falconry and weaving – is also preparing for another crowd of the curious and culture lovers.
While each day of Abu Dhabi F1 Grand Prix ramps up in excitement and racing intensity, the opening Thursday continues to retain a charm of its own.
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
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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
The biog
Alwyn Stephen says much of his success is a result of taking an educated chance on business decisions.
His advice to anyone starting out in business is to have no fear as life is about taking on challenges.
“If you have the ambition and dream of something, follow that dream, be positive, determined and set goals.
"Nothing and no-one can stop you from succeeding with the right work application, and a little bit of luck along the way.”
Mr Stephen sells his luxury fragrances at selected perfumeries around the UAE, including the House of Niche Boutique in Al Seef.
He relaxes by spending time with his family at home, and enjoying his wife’s India cooking.
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Mica
Director: Ismael Ferroukhi
Stars: Zakaria Inan, Sabrina Ouazani
3 stars
Section 375
Cast: Akshaye Khanna, Richa Chadha, Meera Chopra & Rahul Bhat
Director: Ajay Bahl
Producers: Kumar Mangat Pathak, Abhishek Pathak & SCIPL
Rating: 3.5/5
GOLF’S RAHMBO
- 5 wins in 22 months as pro
- Three wins in past 10 starts
- 45 pro starts worldwide: 5 wins, 17 top 5s
- Ranked 551th in world on debut, now No 4 (was No 2 earlier this year)
- 5th player in last 30 years to win 3 European Tour and 2 PGA Tour titles before age 24 (Woods, Garcia, McIlroy, Spieth)
UAE currency: the story behind the money in your pockets
Where to buy art books in the UAE
There are a number of speciality art bookshops in the UAE.
In Dubai, The Lighthouse at Dubai Design District has a wonderfully curated selection of art and design books. Alserkal Avenue runs a pop-up shop at their A4 space, and host the art-book fair Fully Booked during Art Week in March. The Third Line, also in Alserkal Avenue, has a strong book-publishing arm and sells copies at its gallery. Kinokuniya, at Dubai Mall, has some good offerings within its broad selection, and you never know what you will find at the House of Prose in Jumeirah. Finally, all of Gulf Photo Plus’s photo books are available for sale at their show.
In Abu Dhabi, Louvre Abu Dhabi has a beautiful selection of catalogues and art books, and Magrudy’s – across the Emirates, but particularly at their NYU Abu Dhabi site – has a great selection in art, fiction and cultural theory.
In Sharjah, the Sharjah Art Museum sells catalogues and art books at its museum shop, and the Sharjah Art Foundation has a bookshop that offers reads on art, theory and cultural history.
The specS: 2018 Toyota Camry
Price: base / as tested: Dh91,000 / Dh114,000
Engine: 3.5-litre V6
Gearbox: Eight-speed automatic
Power: 298hp @ 6,600rpm
Torque: 356Nm @ 4,700rpm
Fuel economy, combined: 7.0L / 100km
Sunday:
GP3 race: 12:10pm
Formula 2 race: 1:35pm
Formula 1 race: 5:10pm
Performance: Guns N' Roses
SQUADS
UAE
Mohammed Naveed (captain), Mohamed Usman (vice-captain), Ashfaq Ahmed, Chirag Suri, Shaiman Anwar, Mohammed Boota, Ghulam Shabber, Imran Haider, Tahir Mughal, Amir Hayat, Zahoor Khan, Qadeer Ahmed, Fahad Nawaz, Abdul Shakoor, Sultan Ahmed, CP Rizwan
Nepal
Paras Khadka (captain), Gyanendra Malla, Dipendra Singh Airee, Pradeep Airee, Binod Bhandari, Avinash Bohara, Sundeep Jora, Sompal Kami, Karan KC, Rohit Paudel, Sandeep Lamichhane, Lalit Rajbanshi, Basant Regmi, Pawan Sarraf, Bhim Sharki, Aarif Sheikh
Mercedes-AMG GT 63 S E Performance: the specs
Engine: 4.0-litre twin-turbo V8 plus rear-mounted electric motor
Power: 843hp at N/A rpm
Torque: 1470Nm N/A rpm
Transmission: 9-speed auto
Fuel consumption: 8.6L/100km
On sale: October to December
Price: From Dh875,000 (estimate)
UK’s AI plan
- AI ambassadors such as MIT economist Simon Johnson, Monzo cofounder Tom Blomfield and Google DeepMind’s Raia Hadsell
- £10bn AI growth zone in South Wales to create 5,000 jobs
- £100m of government support for startups building AI hardware products
- £250m to train new AI models