Ferrari driver Fernando Alonso of Spain is comforted by an unidentified man after a disappointing fifth-place finish in the Etihad Airways Abu Dhabi Grand Prix. Luca Bruno / AP Photo
Ferrari driver Fernando Alonso of Spain is comforted by an unidentified man after a disappointing fifth-place finish in the Etihad Airways Abu Dhabi Grand Prix. Luca Bruno / AP Photo
Ferrari driver Fernando Alonso of Spain is comforted by an unidentified man after a disappointing fifth-place finish in the Etihad Airways Abu Dhabi Grand Prix. Luca Bruno / AP Photo
Ferrari driver Fernando Alonso of Spain is comforted by an unidentified man after a disappointing fifth-place finish in the Etihad Airways Abu Dhabi Grand Prix. Luca Bruno / AP Photo

No action taken against Fernando Alonso


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ABU DHABI // Fernando Alonso said justice was served when he escaped a penalty to claim fifth place on Sunday at the Etihad Airways Abu Dhabi Grand Prix.

The Spaniard, in his Ferrari, overtook the Toro Rosso of Jean-Eric Vergne as he came out of the pit lane after his second stop, on Lap 47. Though running wide, Alonso appeared to have all four wheels on the circuit to complete the move, as Vergne came alongside him at racing speed to take the racing line on the exit of Turn 3.

Before speaking to stewards, the two-time world champion said that he had no choice but to go off the track.

“You have to leave a space when you have a car alongside,” he said. “He didn’t give a space and I had to go outside of the track.”

The stewards shared Alonso’s view and said: “Neither car could avoid the incident, and no advantage was gained as a result of the incident.”

Alonso started 11th on the grid after a poor qualifying effort, but he was the star of the second half of the race as a late charge saw him overtake Lewis Hamilton’s Mercedes-GP and Paul Di Resta’s Force India to take fifth.

“Obviously we lost a little time in traffic, but fourth place was 20 seconds in front of us, so I think fifth was the maximum possible,” he said.

With his teammate, Felipe Massa, who had run ahead of Alonso for the first half of the race, finishing eighth, Ferrari picked up 14 points, losing seven to Mercedes in the fight for second in the race for second place in the constructors’ championship.

Ferrari now trail Mercedes by 11 points. Red Bull Racing clinched the title last week.

“We had one Mercedes in front, one behind, and one Lotus in front, one behind, so we minimised the loss,” Alonso said.

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Safety 'top priority' for rival hyperloop company

The chief operating officer of Hyperloop Transportation Technologies, Andres de Leon, said his company's hyperloop technology is “ready” and safe.

He said the company prioritised safety throughout its development and, last year, Munich Re, one of the world's largest reinsurance companies, announced it was ready to insure their technology.

“Our levitation, propulsion, and vacuum technology have all been developed [...] over several decades and have been deployed and tested at full scale,” he said in a statement to The National.

“Only once the system has been certified and approved will it move people,” he said.

HyperloopTT has begun designing and engineering processes for its Abu Dhabi projects and hopes to break ground soon. 

With no delivery date yet announced, Mr de Leon said timelines had to be considered carefully, as government approval, permits, and regulations could create necessary delays.

23-man shortlist for next six Hall of Fame inductees

Tony Adams, David Beckham, Dennis Bergkamp, Sol Campbell, Eric Cantona, Andrew Cole, Ashley Cole, Didier Drogba, Les Ferdinand, Rio Ferdinand, Robbie Fowler, Steven Gerrard, Roy Keane, Frank Lampard, Matt Le Tissier, Michael Owen, Peter Schmeichel, Paul Scholes, John Terry, Robin van Persie, Nemanja Vidic, Patrick Viera, Ian Wright.

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How being social media savvy can improve your well being

Next time when procastinating online remember that you can save thousands on paying for a personal trainer and a gym membership simply by watching YouTube videos and keeping up with the latest health tips and trends.

As social media apps are becoming more and more consumed by health experts and nutritionists who are using it to awareness and encourage patients to engage in physical activity.

Elizabeth Watson, a personal trainer from Stay Fit gym in Abu Dhabi suggests that “individuals can use social media as a means of keeping fit, there are a lot of great exercises you can do and train from experts at home just by watching videos on YouTube”.

Norlyn Torrena, a clinical nutritionist from Burjeel Hospital advises her clients to be more technologically active “most of my clients are so engaged with their phones that I advise them to download applications that offer health related services”.

Torrena said that “most people believe that dieting and keeping fit is boring”.

However, by using social media apps keeping fit means that people are “modern and are kept up to date with the latest heath tips and trends”.

“It can be a guide to a healthy lifestyle and exercise if used in the correct way, so I really encourage my clients to download health applications” said Mrs Torrena.

People can also connect with each other and exchange “tips and notes, it’s extremely healthy and fun”.

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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