The old man, clad in a shabby blue baseball cap, sprints out of his ramshackle house. As golden sunlight settles on the rolling hills of northern Italy, he waves maniacally at the metallic red blur flashing past on the winding road outside, a broad grin on his tanned, lined face.
He had advance warning of my imminent arrival, but not enough time to just casually saunter outside. The bellow of a 6.3L V12 engine tells all within earshot that something impressive is on its way, but Ferrari's latest creation conquers these winding roads so fast that the locals have to be fleet of foot to catch it.
While the world waits for news of the Enzo replacement, this new GT car holds the title of flagship at Ferrari headquarters. Three years in development, the F12berlinetta continues a long line of V12-powered grand tourers that, until recently, culminated in the 599 GTO. That car was the ultimate incarnation of the already ludicrously powerful and fast 599 GTB Fiorano. But the F12 is quicker, more agile, and more powerful than them both. Or, indeed, than any other road-going Ferrari. Ever.
The numbers border on the lunatic. That V12 engine, elements of which were seen in the FF, has been tuned to make 730hp. It'll hit 100kph from a standstill in 3.1 seconds and reach 200 in just 8.5. Find a stretch of tarmac long enough and it'll pass 340kph. And yet, Ferrari says it can, and will, be used every day.
Nevertheless, as I head out to Italy, I'm nervous. I've driven plenty of supercars, but this will be the most powerful yet. I'm concerned that, unlike the sublime 458 Italia that flatters the average driver, the F12 will have so much power that it'll overwhelm all but the most skilled of helmsmen. Where enthusiasm in the 458 results in a joyfully large spectrum of play with the back wheels, letting ordinary mortals feel like drift kings, I fear a fraction too much right foot in a car with this sort of power will result in a violent appointment with an Italian hedgerow.
My first glimpse of the car comes at the famous Fiorano test track, on the outskirts of Maranello, a stone's throw from the Ferrari factory. This is where all Ferraris, road and race, are tested before they're unleashed on the world. The pre-drive pep talk from the engineers is impressive. The F12 was designed to be a daily driver, suitable for long trips but more than just an evolution of the 599. It had to be comfortable, but still capable of providing the sheer thrills one expects from a Ferrari. At this point, I'm concerned; the four-seater FF promised something similar, but lacked a certain feeling of exhilaration despite its phenomenal velocity.
From an engineering standpoint, the F12 is lower, narrower and shorter than the 599 and, at 1,575kg, weighs 70kg less. Fifty kilograms of that saving was shaved from the chassis thanks to liberal use of aluminium instead of steel. Interior space, however, remains the same.
The engine - a 6.3L, naturally aspirated V12 - has been mounted as low as possible under the bonnet to keep the car's centre of gravity near to the tarmac for improved handling. The seven-speed, dual clutch gearbox is located at the back, with an electronic differential integrated into it to reduce weight and help with weight distribution. The powertrain produces 730bhp and 690Nm of torque, with a screaming rev limit of 8,700rpm. It's been timed at 1 minute 23 seconds around a lap of Fiorano, which is a second faster than the 599 GTO and two seconds quicker than the Enzo. This. Sounds. Fun.
Briefing over, it's time to have a good look at the fruits of Ferrari's labours. Parked outside Enzo Ferrari's house in the centre of the track are six F12s, clad in new Rosso Berlinetta paint and gleaming in the morning sun. The car is a lot prettier in the metal than in pictures, although Ferrari says all the major elements are formed largely by function. Of particular note are the "air bridges" in the wings, which allow air funnelled by channels in the bonnet to be directed down the car's flanks. Note also the flaps in the front bumper that open when needed to cool the brakes. And it has a rear, centrally placed LED fog light, styled after that found on Ferrari's Formula 1 car.
The interior is less immediately impressive, as it's largely styled the same as other Ferrari models. Having said that, it's still pretty good, with plenty of leather and a centre sculpture holding buttons for the gearbox. The dash comprises a large centre rev counter flanked by two screens that show all necessary trip, navigation and entertainment information. In front, dominating the cockpit, is the by-now-familiar steering wheel, styled after that found in the F1 car and adorned by myriad buttons. Lights, indicators and windscreen washers are all controlled from the wheel; there are no stalks to be found in modern Ferraris.
I settle into the sculpted sports seats mounted low on the floor pan, so my backside is just inches from the tarmac. As it should be. A twist of the key primes the engine and a press of the red button on the steering wheel starts it up with a snarl, before settling into a surprisingly low-key idle. As an "everyday" car, burbling exhausts are a no-no at low revs.
I twist the wheel-mounted manettino switch to Race, which puts throttle and gearbox at their sharpest. And then it's on to the Fiorano asphalt, where countless world champions have gone before me. Still wary of the F12's immense power, I take it easy for the first few corners. On the other hand, I only have three laps. So I build up speed corner by corner, tentatively pushing to heat up the tyres and find the limits of grip. The steering is light, but the front end is beautifully nimble, especially considering the hulking great engine underneath it. At the tight right-hander going into the bridge I push the nose in hard, and it just grips and goes. By the end of the first lap I'm already feeling pretty at home with the car, so I give it full beans out of the final hairpin and onto the straight.
Wowsers. Seven hundred and thirty brake horsepower goes straight to the rear wheels and I head for the horizon. The acceleration is crushing; I can feel my internal organs checking out the back of my ribcage. The delivery is peak-free and immensely strong, the gears whipcrack past faster than the blink of an eye and the car feels immensely stable. Clearly those fancy aerodynamics work - Ferrari says that at 200kph, there's 123kg of downforce keeping things in check.
And then there's the noise. Acoustic engineers have worked their aural magic on both the exhaust and the intake sounds, the latter of which is channelled into the cabin from the engine. From the outside, the sound of the F12 accelerating starts with a deep, hard-edged tenor, rising in pitch and volume. At mid-range, a soprano takes over, adding a piercing shriek over the top that's interrupted only by the chattering wastegate during braking. It's loud, unmistakably Ferrari and glorious. Inside, the intake noise is different, more complex, textured and layered. It's like having the London Philharmonic playing Ride of the Valkyries as I hammer along; I feel like a warrior heading to battle.
After an all-too-short three laps, I hit the roads around Maranello. I'm hugely impressed by how manageable the car is at the limit on track, but still concerned that all that power will be virtually unusable on the road. As a comparison, the 690hp Lamborghini Aventador is superb at full chat but an utter pain in the backside at low speeds. However, Ferrari says it aimed to create a car that felt sporty in all conditions and not just at the limit.
Which is just as well, as I emerge from Fiorano into half an hour of fairly slow-moving traffic with no opportunity to overtake. In the Lambo, this would be torture - harsh ride, jerky gear changes and an intense feeling of frustration. Not so in the F12. The numerous bumps and potholes are beautifully soaked away through the new suspension set-up (double wishbone at the front, multi-link at the back, dual-coil dampers for a faster response), and at low revs it's quiet enough to have a virtually whispered conversation.
So relaxed am I, watching the beautiful Italian countryside pass by, that I almost fail to notice the traffic thinning. But on a long straight I can finally get past the diminishing train of lorries and the local elderly. Three tugs of the left hand paddle and away we go. The 12-cylinder symphony roars and I'm off, leaving small towns in my wake and heading for the incredible hill roads that snake across the map. It's as good on the road as it is on the track. Better, in fact.
What's so impressive is that it's enjoyable in just about all circumstances. The throttle is beautifully weighted so that it's instantly responsive without being jerky or tricky to judge. Cruising along sweepers at a medium pace? You'll be entertained without feeling frustrated at not being able to use the full power spectrum. Attacking tight hairpins? You'll be astounded by the grip and braking ability, and at the traction when rocketing out of the corners. My fears of intimidation are completely dismissed.
It's very easy to cover lots of ground, very quickly in the F12berlinetta. And it's stupendous fun, whether you're absolutely hammering it or just enjoying a leisurely hack across country. Unlike the somewhat sterile FF, this latest Ferrari is genuinely engaging, monumentally fast and manages to feel special without being scary. It really is that good, and well worth the excitement of the old man in the blue baseball cap.
Essentials
The flights
Etihad and Emirates fly direct from the UAE to Delhi from about Dh950 return including taxes.
The hotels
Double rooms at Tijara Fort-Palace cost from 6,670 rupees (Dh377), including breakfast.
Doubles at Fort Bishangarh cost from 29,030 rupees (Dh1,641), including breakfast. Doubles at Narendra Bhawan cost from 15,360 rupees (Dh869). Doubles at Chanoud Garh cost from 19,840 rupees (Dh1,122), full board. Doubles at Fort Begu cost from 10,000 rupees (Dh565), including breakfast.
The tours
Amar Grover travelled with Wild Frontiers. A tailor-made, nine-day itinerary via New Delhi, with one night in Tijara and two nights in each of the remaining properties, including car/driver, costs from £1,445 (Dh6,968) per person.
Museum of the Future in numbers
- 78 metres is the height of the museum
- 30,000 square metres is its total area
- 17,000 square metres is the length of the stainless steel facade
- 14 kilometres is the length of LED lights used on the facade
- 1,024 individual pieces make up the exterior
- 7 floors in all, with one for administrative offices
- 2,400 diagonally intersecting steel members frame the torus shape
- 100 species of trees and plants dot the gardens
- Dh145 is the price of a ticket
Nancy 9 (Hassa Beek)
Nancy Ajram
(In2Musica)
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
The specs
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
The Breadwinner
Director: Nora Twomey
Starring: Saara Chaudry, Soma Chhaya, Laara Sadiq
Three stars
Roll of honour 2019-2020
Dubai Rugby Sevens
Winners: Dubai Hurricanes
Runners up: Bahrain
West Asia Premiership
Winners: Bahrain
Runners up: UAE Premiership
UAE Premiership
Winners: Dubai Exiles
Runners up: Dubai Hurricanes
UAE Division One
Winners: Abu Dhabi Saracens
Runners up: Dubai Hurricanes II
UAE Division Two
Winners: Barrelhouse
Runners up: RAK Rugby
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Sinopharm vaccine explained
The Sinopharm vaccine was created using techniques that have been around for decades.
“This is an inactivated vaccine. Simply what it means is that the virus is taken, cultured and inactivated," said Dr Nawal Al Kaabi, chair of the UAE's National Covid-19 Clinical Management Committee.
"What is left is a skeleton of the virus so it looks like a virus, but it is not live."
This is then injected into the body.
"The body will recognise it and form antibodies but because it is inactive, we will need more than one dose. The body will not develop immunity with one dose," she said.
"You have to be exposed more than one time to what we call the antigen."
The vaccine should offer protection for at least months, but no one knows how long beyond that.
Dr Al Kaabi said early vaccine volunteers in China were given shots last spring and still have antibodies today.
“Since it is inactivated, it will not last forever," she said.
Dhadak
Director: Shashank Khaitan
Starring: Janhvi Kapoor, Ishaan Khattar, Ashutosh Rana
Stars: 3
Bharat
Director: Ali Abbas Zafar
Starring: Salman Khan, Katrina Kaif, Sunil Grover
Rating: 2.5 out of 5 stars
GIANT REVIEW
Starring: Amir El-Masry, Pierce Brosnan
Director: Athale
Rating: 4/5
Draw for Europa League last-16
Istanbul Basaksehir v Copenhagen; Olympiakos Piraeus v Wolverhampton Wanderers
Rangers v Bayer Leverkusen; VfL Wolfsburg v Shakhtar Donetsk; Inter Milan v Getafe
Sevilla v AS Roma; Eintracht Frankfurt or Salzburg v Basel; LASK v Manchester United
Where to donate in the UAE
The Emirates Charity Portal
You can donate to several registered charities through a “donation catalogue”. The use of the donation is quite specific, such as buying a fan for a poor family in Niger for Dh130.
The General Authority of Islamic Affairs & Endowments
The site has an e-donation service accepting debit card, credit card or e-Dirham, an electronic payment tool developed by the Ministry of Finance and First Abu Dhabi Bank.
Al Noor Special Needs Centre
You can donate online or order Smiles n’ Stuff products handcrafted by Al Noor students. The centre publishes a wish list of extras needed, starting at Dh500.
Beit Al Khair Society
Beit Al Khair Society has the motto “From – and to – the UAE,” with donations going towards the neediest in the country. Its website has a list of physical donation sites, but people can also contribute money by SMS, bank transfer and through the hotline 800-22554.
Dar Al Ber Society
Dar Al Ber Society, which has charity projects in 39 countries, accept cash payments, money transfers or SMS donations. Its donation hotline is 800-79.
Dubai Cares
Dubai Cares provides several options for individuals and companies to donate, including online, through banks, at retail outlets, via phone and by purchasing Dubai Cares branded merchandise. It is currently running a campaign called Bookings 2030, which allows people to help change the future of six underprivileged children and young people.
Emirates Airline Foundation
Those who travel on Emirates have undoubtedly seen the little donation envelopes in the seat pockets. But the foundation also accepts donations online and in the form of Skywards Miles. Donated miles are used to sponsor travel for doctors, surgeons, engineers and other professionals volunteering on humanitarian missions around the world.
Emirates Red Crescent
On the Emirates Red Crescent website you can choose between 35 different purposes for your donation, such as providing food for fasters, supporting debtors and contributing to a refugee women fund. It also has a list of bank accounts for each donation type.
Gulf for Good
Gulf for Good raises funds for partner charity projects through challenges, like climbing Kilimanjaro and cycling through Thailand. This year’s projects are in partnership with Street Child Nepal, Larchfield Kids, the Foundation for African Empowerment and SOS Children's Villages. Since 2001, the organisation has raised more than $3.5 million (Dh12.8m) in support of over 50 children’s charities.
Noor Dubai Foundation
Sheikh Mohammed bin Rashid Al Maktoum launched the Noor Dubai Foundation a decade ago with the aim of eliminating all forms of preventable blindness globally. You can donate Dh50 to support mobile eye camps by texting the word “Noor” to 4565 (Etisalat) or 4849 (du).
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Top investing tips for UAE residents in 2021
Build an emergency fund: Make sure you have enough cash to cover six months of expenses as a buffer against unexpected problems before you begin investing, advises Steve Cronin, the founder of DeadSimpleSaving.com.
Think long-term: When you invest, you need to have a long-term mindset, so don’t worry about momentary ups and downs in the stock market.
Invest worldwide: Diversify your investments globally, ideally by way of a global stock index fund.
Is your money tied up: Avoid anything where you cannot get your money back in full within a month at any time without any penalty.
Skip past the promises: “If an investment product is offering more than 10 per cent return per year, it is either extremely risky or a scam,” Mr Cronin says.
Choose plans with low fees: Make sure that any funds you buy do not charge more than 1 per cent in fees, Mr Cronin says. “If you invest by yourself, you can easily stay below this figure.” Managed funds and commissionable investments often come with higher fees.
Be sceptical about recommendations: If someone suggests an investment to you, ask if they stand to gain, advises Mr Cronin. “If they are receiving commission, they are unlikely to recommend an investment that’s best for you.”
Get financially independent: Mr Cronin advises UAE residents to pursue financial independence. Start with a Google search and improve your knowledge via expat investing websites or Facebook groups such as SimplyFI.
BULKWHIZ PROFILE
Date started: February 2017
Founders: Amira Rashad (CEO), Yusuf Saber (CTO), Mahmoud Sayedahmed (adviser), Reda Bouraoui (adviser)
Based: Dubai, UAE
Sector: E-commerce
Size: 50 employees
Funding: approximately $6m
Investors: Beco Capital, Enabling Future and Wain in the UAE; China's MSA Capital; 500 Startups; Faith Capital and Savour Ventures in Kuwait