Lewis Hamilton powered to victory at the Bahrain Grand Prix on Sunday in a race overshadowed by a horrific crash for French driver Romain Grosjean.
Briton Hamilton, crowned world champion for a record-equalling seventh time last time out in Turkey, held off the Red Bulls of Max Verstappen and Alexander Albon to claim his 95th F1 win.
The race was delayed after Grosjean survived a frightening collision with a barrier on the opening lap. A replay then showed him frantically leaping out of the fireball with the aid of a medical doctor.
It emerged that his car sliced in half on impact, with one part of the car going through the other side of the barrier.
He was taken to hospital with suspected fractured ribs and burns to his hands and feet after his crash which was followed by another accident that saw Racing Point driver Lance Stroll rescued from his overturned car.
The Canadian reported he was OK over the radio before sliding out of his overturned machine as the safety car was deployed.
Lando Norris came home fourth ahead of his McLaren team-mate Carlos Sainz with Pierre Gasly taking sixth for Alpha Tauri and Renault's Daniel Ricciardo seventh.
Hamilton's Mercedes team-mate Valtteri Bottas finished eighth, having suffered a puncture, ahead of Esteban Ocon in the second Renault and Ferrari's Charles Leclerc.
Hamilton's victory, his 11th of the season, lifted him 131 points clear of Bottas in the championship, which he has won already.
"It was such a shocking image to see," said a stunned Hamilton after the race. "hen I get in the car I know I am taking risks. I respect the dangers that are in this sport.
"I posted about it during the break because it is horrifying. The car, the cockpit. I don't know what Gs he pulled but I'm just so grateful the halo worked.
"It could have been so much worse but I think it is a reminder to us and hopefully to the people that are watching that this is a dangerous sport. We are out there pushing to the limit and playing with the limit but you always have to respect it.
"It shows what an amazing job Formula One has done, the FIA has done for him to be able to walk away from something like that.
"But it will be investigated and they will do an awful lot of work to make sure something like that does not happen again."
AlphaTauri's Gasly said of the crash: "It was horrible, when I saw the images I was shocked. It was really scary but I had no idea a Formula 1 car could break that way.
"The halo really proved to be working. I have text him to wish him a good recovery. I think he is fine but a really scary thing."
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UAE%20ILT20
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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
EMERGENCY PHONE NUMBERS
Estijaba – 8001717 – number to call to request coronavirus testing
Ministry of Health and Prevention – 80011111
Dubai Health Authority – 800342 – The number to book a free video or voice consultation with a doctor or connect to a local health centre
Emirates airline – 600555555
Etihad Airways – 600555666
Ambulance – 998
Knowledge and Human Development Authority – 8005432 ext. 4 for Covid-19 queries
COMPANY%20PROFILE
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UAE's role in anti-extremism recognised
General John Allen, President of the Brookings Institution research group, commended the role the UAE has played in the fight against terrorism and violent extremism.
He told a Globsec debate of the UAE’s "hugely outsized" role in the fight against Isis.
"It’s trite these days to say that any country punches above its weight, but in every possible way the Emirates did, both militarily, and very importantly, the UAE was extraordinarily helpful on getting to the issue of violent extremism," he said.
He also noted the impact that Hedayah, among others in the UAE, has played in addressing violent extremism.
Founders: Abdulmajeed Alsukhan, Turki Bin Zarah and Abdulmohsen Albabtain.
Based: Riyadh
Offices: UAE, Vietnam and Germany
Founded: September, 2020
Number of employees: 70
Sector: FinTech, online payment solutions
Funding to date: $116m in two funding rounds
Investors: Checkout.com, Impact46, Vision Ventures, Wealth Well, Seedra, Khwarizmi, Hala Ventures, Nama Ventures and family offices
Name: Peter Dicce
Title: Assistant dean of students and director of athletics
Favourite sport: soccer
Favourite team: Bayern Munich
Favourite player: Franz Beckenbauer
Favourite activity in Abu Dhabi: scuba diving in the Northern Emirates
Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
The%20specs
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UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions