Mercedes driver Lewis Hamilton of Britain drives during the Formula One Bahrain Grand Prix at Sakhir circuit in Manama on April 6, 2014. Teammate Nico Rosberg took pole position but finished second to Hamilton ensuring a Mercedes lockout for the second straight race. AFP PHOTO / MARWAN NAAMANI
Mercedes driver Lewis Hamilton of Britain drives during the Formula One Bahrain Grand Prix at Sakhir circuit in Manama on April 6, 2014. Teammate Nico Rosberg took pole position but finished second to Hamilton ensuring a Mercedes lockout for the second straight race. AFP PHOTO / MARWAN NAAMANI
Mercedes driver Lewis Hamilton of Britain drives during the Formula One Bahrain Grand Prix at Sakhir circuit in Manama on April 6, 2014. Teammate Nico Rosberg took pole position but finished second to Hamilton ensuring a Mercedes lockout for the second straight race. AFP PHOTO / MARWAN NAAMANI
Mercedes driver Lewis Hamilton of Britain drives during the Formula One Bahrain Grand Prix at Sakhir circuit in Manama on April 6, 2014. Teammate Nico Rosberg took pole position but finished second to

Hamilton wins Bahrain Grand Prix under the lights


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Comments from Formula One commercial rights owner Bernie Ecclestone as well as officials from Red Bull Racing and Ferrari in the build-up to Sunday’s Bahrain Grand Prix could have led spectators to believe that the sport’s demise was close at hand.

The engines are too quiet. The cars are too slow. The fuel regulations are making the drivers have to cruise too much to conserve fuel. All have been blamed for the alleged problems in the sport.

But the Mercedes-GP drivers Lewis Hamilton and Nico Rosberg demonstrated F1 is alive and well last night in Sakhir as they put on a thrilling tussle at the front.

Hamilton took the victory, but Rosberg summed up the emotions of most in F1 when he said on his slowing down lap on the way back to the pits “No one can tell me that this sport is boring”.

Hamilton’s triumph came seven days after he had prevailed in Malaysia and it is the first time since 2010 that he has won back-to-back races.

Rosberg pushed him hard though, as the Mercedes cars proved to be the class of the field, often circulating more than a second a lap faster than anyone else on track.

Rosberg had started on pole position, but it was Hamilton who got the better start and led the opening laps.

But Rosberg looked the quicker man and twice went down the inside of his teammate at Turn 1, but was unable to make the move stick.

Hamilton’s decision to stay on the soft tyres at the first set of pit stops had looked as if it would win him the race as Rosberg fell almost 10 seconds adrift as he took on the harder medium compound.

But the race was transformed when an ill-judged passing move by Pastor Maldonado’s Lotus saw him spear into Esteban Gutierrez on Lap 39, flipping the Sauber over, and bringing out the safety car.

Both Mercedes men pitted with the track under full caution, but with Hamilton now on the medium tyre and Rosberg on the soft, with F1 regulations dictating drivers must use both compound during the race.

With more grip, Rosberg pushed Hamilton hard, briefly getting ahead after under braking into Turn 1, but again was unable to keep Hamilton behind him on the run out of the corner.

Hamilton held on to claim the 24th win of his career, and the 2008 world champion said: “It was exciting. Nico drove fantastically well, very fair, and it was very hard to keep him behind. I was on the knife edge the whole time.”

Rosberg acknowledged Hamilton had proven too good in defence.

“I was quicker today, which I was pleased about. I tried to overtake at the end of first stint but couldn’t make it stick,” he said.

“I had a shot again at the end with the option [soft tyre], it was a good lap again, but unfortunately I couldn’t make it happen. He did a great job defending.”

Rosberg remains at the top of the championship standings despite being beaten by his teammate, though Hamilton is now only 11 points adrift.

Sergio Perez picked up his first podium since the Italian Grand Prix in 2012 as he finished an impressive third for Force India, the Mexican holding off a late charge from Daniel Ricciardo’s Red Bull Racing.

The second Force India of Nico Hulkenberg was fifth, with world champion Sebastian Vettel completing the top six, ahead of the two Williams cars of Felipe Massa and Valtteri Bottas.

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UAE currency: the story behind the money in your pockets
The specs

Engine: 8.0-litre, quad-turbo 16-cylinder

Transmission: 7-speed auto

0-100kmh 2.3 seconds

0-200kmh 5.5 seconds

0-300kmh 11.6 seconds

Power: 1500hp

Torque: 1600Nm

Price: Dh13,400,000

On sale: now

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”.

Profile of Tarabut Gateway

Founder: Abdulla Almoayed

Based: UAE

Founded: 2017

Number of employees: 35

Sector: FinTech

Raised: $13 million

Backers: Berlin-based venture capital company Target Global, Kingsway, CE Ventures, Entrée Capital, Zamil Investment Group, Global Ventures, Almoayed Technologies and Mad’a Investment.

The specs: Hyundai Ionic Hybrid

Price, base: Dh117,000 (estimate)

Engine: 1.6L four-cylinder, with 1.56kWh battery

Transmission: Six-speed automatic

Power: 105hp (engine), plus 43.5hp (battery)

Torque: 147Nm (engine), plus 170Nm (battery)

Fuel economy, combined: 3.4L / 100km

Defending champions

World Series: South Africa
Women’s World Series: Australia
Gulf Men’s League: Dubai Exiles
Gulf Men’s Social: Mediclinic Barrelhouse Warriors
Gulf Vets: Jebel Ali Dragons Veterans
Gulf Women: Dubai Sports City Eagles
Gulf Under 19: British School Al Khubairat
Gulf Under 19 Girls: Dubai Exiles
UAE National Schools: Al Safa School
International Invitational: Speranza 22
International Vets: Joining Jack

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

The Voice of Hind Rajab

Starring: Saja Kilani, Clara Khoury, Motaz Malhees

Director: Kaouther Ben Hania

Rating: 4/5

UAE currency: the story behind the money in your pockets
The specs: 2018 Nissan Altima


Price, base / as tested: Dh78,000 / Dh97,650

Engine: 2.5-litre in-line four-cylinder

Power: 182hp @ 6,000rpm

Torque: 244Nm @ 4,000rpm

Transmission: Continuously variable tranmission

Fuel consumption, combined: 7.6L / 100km

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

Profile box

Company name: baraka
Started: July 2020
Founders: Feras Jalbout and Kunal Taneja
Based: Dubai and Bahrain
Sector: FinTech
Initial investment: $150,000
Current staff: 12
Stage: Pre-seed capital raising of $1 million
Investors: Class 5 Global, FJ Labs, IMO Ventures, The Community Fund, VentureSouq, Fox Ventures, Dr Abdulla Elyas (private investment)

Results

2.15pm: Maiden (PA) Dh40,000 1,200m

Winner: Maqam, Fabrice Veron (jockey), Eric Lemartinel (trainer).

2.45pm: Maiden (PA) Dh40,000 1,200m

Winner: Mamia Al Reef, Szczepan Mazur, Ibrahim Al Hadhrami.

3.15pm: Handicap (PA) Dh40,000 2,000m

Winner: Jaahiz, Fabrice Veron, Eric Lemartinel.

3.45pm: Handicap (PA) Dh40,000 1,000m

Winner: Qanoon, Szczepan Mazur, Irfan Ellahi.

4.15pm: Sheikh Hamdan bin Rashid Cup Handicap (TB) Dh200,000 1,700m.

Winner: Philosopher, Tadhg O’Shea, Salem bin Ghadayer.

54.45pm: Handicap (PA) Dh40,000 1,700m

Winner: Jap Al Yassoob, Fernando Jara, Irfan Ellahi.

The%20specs
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Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

'Falling%20for%20Christmas'
%3Cp%3EDirector%3A%20Janeen%20Damian%3Cbr%3E%3Cbr%3EStars%3A%20Lindsay%20Lohan%2C%20Chord%20Overstreet%2C%20Jack%20Wagner%2C%20Aliana%20Lohan%3Cbr%3E%3Cbr%3ERating%3A%201%2F5%3C%2Fp%3E%0A
Temple numbers

Expected completion: 2022

Height: 24 meters

Ground floor banquet hall: 370 square metres to accommodate about 750 people

Ground floor multipurpose hall: 92 square metres for up to 200 people

First floor main Prayer Hall: 465 square metres to hold 1,500 people at a time

First floor terrace areas: 2,30 square metres  

Temple will be spread over 6,900 square metres

Structure includes two basements, ground and first floor 

The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat