Spectators will get to witness the 2022 Abu Dhabi GP at a new grandstand at the Yas Marina Circuit. Photo: Yas Marina Circuit
Spectators will get to witness the 2022 Abu Dhabi GP at a new grandstand at the Yas Marina Circuit. Photo: Yas Marina Circuit
Spectators will get to witness the 2022 Abu Dhabi GP at a new grandstand at the Yas Marina Circuit. Photo: Yas Marina Circuit
Spectators will get to witness the 2022 Abu Dhabi GP at a new grandstand at the Yas Marina Circuit. Photo: Yas Marina Circuit

New grandstand at Yas Marina Circuit for 2022 Abu Dhabi Grand Prix


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Formula One fans will now get to enjoy the spectacle of the season-ending Etihad Airways Abu Dhabi Grand Prix in a new setting after the Yas Marina Circuit announced a new grandstand for the 2022 race.

Tickets for the Abu Dhabi GP went on sale earlier this year and following exceptionally high demand, Yas Marina Circuit’s capacity has been raised for the first time in eight years.

The new grandstand is located between turns five and six and will offer fans an awe-inspiring experience as the cars blast by on the circuit’s longest straight over the November 17-20 weekend.

The great vantage point will offer spectators a chance to enjoy the thrills of the race like last year where the championship was won by Max Verstappen in incredible circumstances after the season finale was reduced to a one-lap showdown in the final stretch.

Red Bull driver Verstappen snatched the F1 championship from Mercedes' Lewis Hamilton after the pair headed to the 2021 championship decider locked on 369.5 points.

The new grandstand at Yas Marina Circuit. Photo: Yas Marina Circuit
The new grandstand at Yas Marina Circuit. Photo: Yas Marina Circuit

The history-making 2021 race was one of the most watched sporting events of the year with 108 million viewers tuning in for the race.

The 2022 season promises similar drama and action following new rules that have already crated a stir. World champion Verstappen increased his lead in this year's title race as he clinched a thrilling victory in a closely-fought Canadian Grand Prix.

The 24-year-old Dutchman resisted intense late pressure from Ferrari's Carlos Sainz to win by under a second.

Seven-time world champion Hamilton, who has been struggling with a Mercedes car plagued by porpoising issues, came home third to claim his second podium of a difficult season ahead of teammate George Russell in fourth.

Verstappen thus moved 46 points clear of his rivals in the championship, which should make for another enthralling season finish.

Apart from the race, there will be a lot more for fans to enjoy. Etihad Park is also just a short walk away, giving access to the Yasalam After-Race Concerts.

Multi-Grammy nominated Swedish House Mafia were the first global superstars to be announced, headlining the Friday night concert.

For tickets and other information, visit: www.yasmarinacircuit.com.

  • Race winner and 2021 F1 world champion Max Verstappen and his Red Bull Racing team celebrate on the podium after the Abu Dhabi Grand Prix at Yas Marina Circuit on December 12, 2021. Victor Besa / The National
    Race winner and 2021 F1 world champion Max Verstappen and his Red Bull Racing team celebrate on the podium after the Abu Dhabi Grand Prix at Yas Marina Circuit on December 12, 2021. Victor Besa / The National
  • Verstappen fought off Lewis Hamilton in a nail-biting finish. Victor Besa / The National
    Verstappen fought off Lewis Hamilton in a nail-biting finish. Victor Besa / The National
  • Verstappen runs to celebrate with his team. Victor Besa / The National
    Verstappen runs to celebrate with his team. Victor Besa / The National
  • The Dutch driver clinched the race and the championship on the final lap. Victor Besa / The National
    The Dutch driver clinched the race and the championship on the final lap. Victor Besa / The National
  • Race fans cheer as Verstappen wins. Victor Besa / The National
    Race fans cheer as Verstappen wins. Victor Besa / The National
  • Verstappen enjoys that winning feeling. Reuters
    Verstappen enjoys that winning feeling. Reuters
  • Verstappen drinks in the moment as Mercedes driver Lewis Hamilton looks dejected after finishing second. Reuters
    Verstappen drinks in the moment as Mercedes driver Lewis Hamilton looks dejected after finishing second. Reuters
  • Verstappen and Hamilton go head to head on the track. Victor Besa / The National
    Verstappen and Hamilton go head to head on the track. Victor Besa / The National
  • An Etihad Airways flyover before the race. The airline sponsored the Abu Dhabi Grand Prix. Victor Besa / The National
    An Etihad Airways flyover before the race. The airline sponsored the Abu Dhabi Grand Prix. Victor Besa / The National
  • Verstappen in action. Victor Besa / The National
    Verstappen in action. Victor Besa / The National
  • Hamilton took an early lead. Victor Besa / The National
    Hamilton took an early lead. Victor Besa / The National
  • Verstappen and Hamilton led the championship going into the final race. Victor Besa / The National
    Verstappen and Hamilton led the championship going into the final race. Victor Besa / The National
  • The start of the race. Reuters
    The start of the race. Reuters
  • Drivers pose for their end-of-season picture before the Abu Dhabi Grand Prix. AP
    Drivers pose for their end-of-season picture before the Abu Dhabi Grand Prix. AP
  • Aston Martin's Sebastian Vettel before the race. Reuters
    Aston Martin's Sebastian Vettel before the race. Reuters
  • Fans of Verstappen and Hamilton before the race. Reuters
    Fans of Verstappen and Hamilton before the race. Reuters
  • Hamilton looks relaxed before the race. Reuters
    Hamilton looks relaxed before the race. Reuters
  • Verstappen looks like he means business. Reuters
    Verstappen looks like he means business. Reuters
  • Hamilton soaks up the early atmosphere. Victor Besa / The National
    Hamilton soaks up the early atmosphere. Victor Besa / The National
  • Mercedes driver Valtteri Bottas with his girlfriend Tiffany Cromwell. Victor Besa / The National
    Mercedes driver Valtteri Bottas with his girlfriend Tiffany Cromwell. Victor Besa / The National
  • Verstappen arrives at the circuit with his girlfriend Kelly Piquet. Reuters
    Verstappen arrives at the circuit with his girlfriend Kelly Piquet. Reuters
  • Hamilton on the Yas Marina Circuit. AFP
    Hamilton on the Yas Marina Circuit. AFP
COMPANY PROFILE

Company name: Blah

Started: 2018

Founder: Aliyah Al Abbar and Hend Al Marri

Based: Dubai

Industry: Technology and talent management

Initial investment: Dh20,000

Investors: Self-funded

Total customers: 40

Key figures in the life of the fort

Sheikh Dhiyab bin Isa (ruled 1761-1793) Built Qasr Al Hosn as a watchtower to guard over the only freshwater well on Abu Dhabi island.

Sheikh Shakhbut bin Dhiyab (ruled 1793-1816) Expanded the tower into a small fort and transferred his ruling place of residence from Liwa Oasis to the fort on the island.

Sheikh Tahnoon bin Shakhbut (ruled 1818-1833) Expanded Qasr Al Hosn further as Abu Dhabi grew from a small village of palm huts to a town of more than 5,000 inhabitants.

Sheikh Khalifa bin Shakhbut (ruled 1833-1845) Repaired and fortified the fort.

Sheikh Saeed bin Tahnoon (ruled 1845-1855) Turned Qasr Al Hosn into a strong two-storied structure.

Sheikh Zayed bin Khalifa (ruled 1855-1909) Expanded Qasr Al Hosn further to reflect the emirate's increasing prominence.

Sheikh Shakhbut bin Sultan (ruled 1928-1966) Renovated and enlarged Qasr Al Hosn, adding a decorative arch and two new villas.

Sheikh Zayed bin Sultan (ruled 1966-2004) Moved the royal residence to Al Manhal palace and kept his diwan at Qasr Al Hosn.

Sources: Jayanti Maitra, www.adach.ae

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World Cricket League Division 2

In Windhoek, Namibia - Top two teams qualify for the World Cup Qualifier in Zimbabwe, which starts on March 4.

UAE fixtures

Thursday, February 8 v Kenya; Friday, February v Canada; Sunday, February 11 v Nepal; Monday, February 12 v Oman; Wednesday, February 14 v Namibia; Thursday, February 15 final

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: 2018 Chevrolet Trailblazer

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Fuel economy combined 12.2L / 100km

The specs

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Ipaf in numbers

Established: 2008

Prize money:  $50,000 (Dh183,650) for winners and $10,000 for those on the shortlist.

Winning novels: 13

Shortlisted novels: 66

Longlisted novels: 111

Total number of novels submitted: 1,780

Novels translated internationally: 66

The specs
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  • Power: 640hp
  • Torque: 760nm
  • On sale: 2026
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Sheer grandeur

The Owo building is 14 storeys high, seven of which are below ground, with the 30,000 square feet of amenities located subterranean, including a 16-seat private cinema, seven lounges, a gym, games room, treatment suites and bicycle storage.

A clear distinction between the residences and the Raffles hotel with the amenities operated separately.

PROFILE OF HALAN

Started: November 2017

Founders: Mounir Nakhla, Ahmed Mohsen and Mohamed Aboulnaga

Based: Cairo, Egypt

Sector: transport and logistics

Size: 150 employees

Investment: approximately $8 million

Investors include: Singapore’s Battery Road Digital Holdings, Egypt’s Algebra Ventures, Uber co-founder and former CTO Oscar Salazar

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Brescia 1 (Skrinia og, 76)

Inter Milan 2 (Martinez 33, Lukaku 63)

 

'Top Gun: Maverick'

Rating: 4/5

 

Directed by: Joseph Kosinski

 

Starring: Tom Cruise, Val Kilmer, Jennifer Connelly, Jon Hamm, Miles Teller, Glen Powell, Ed Harris

 
How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

THE LIGHT

Director: Tom Tykwer

Starring: Tala Al Deen, Nicolette Krebitz, Lars Eidinger

Rating: 3/5

Your rights as an employee

The government has taken an increasingly tough line against companies that fail to pay employees on time. Three years ago, the Cabinet passed a decree allowing the government to halt the granting of work permits to companies with wage backlogs.

The new measures passed by the Cabinet in 2016 were an update to the Wage Protection System, which is in place to track whether a company pays its employees on time or not.

If wages are 10 days late, the new measures kick in and the company is alerted it is in breach of labour rules. If wages remain unpaid for a total of 16 days, the authorities can cancel work permits, effectively shutting off operations. Fines of up to Dh5,000 per unpaid employee follow after 60 days.

Despite those measures, late payments remain an issue, particularly in the construction sector. Smaller contractors, such as electrical, plumbing and fit-out businesses, often blame the bigger companies that hire them for wages being late.

The authorities have urged employees to report their companies at the labour ministry or Tawafuq service centres — there are 15 in Abu Dhabi.

Islamophobia definition

A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.

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HEY%20MERCEDES%2C%20WHAT%20CAN%20YOU%20DO%20FOR%20ME%3F
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Updated: June 21, 2022, 9:24 AM