The Rush bar at the Yas Hotel which stradles the circuit. The hotel will be open to the public with a reduced tariff for some rooms.
The Rush bar at the Yas Hotel which stradles the circuit. The hotel will be open to the public with a reduced tariff for some rooms.

Grand Prix is just the first lap for Yas Island



ABU DHABI // The cars are packed away, the fans have gone home and another Formula One season is at an end. And yet the real work, in many ways, began yesterday. No longer is the Yas Marina Circuit purely an F1 venue, and no longer is Yas Island accessible only to those with a pass to the Grand Prix. It is now as open a part of the capital as Hamdan Street or the Corniche.

And its key feature, the Yas Hotel, is available to everyone. While the entire Yas Island development is far from finished, phase one - completing the circuit - can now be ticked off. A series of races early next year will be the next time the circuit is used. First will be the Masters Historic Racing Series, featuring classic F1 cars from the 1950s and 1960s, from January 21 to 23. A month later, the Australian V8 series will come calling.

Richard Cregan, the chief executive of the circuit, said work on preparing the year-round activities at the track would begin immediately, adding that yesterday heralded "the beginning of a new era in terms of the Yas Marina Circuit". He added: "We are working on the timetable for next year and we are starting with this great event in January. "Then we have the V8s coming and then the first round of the FIA GP. We have also got a lot of corporate events on the cards.

"When people are sitting there looking at the pictures [of Yas] on their TV screens, they are going to want to have events here - we have a hotel, marina, golf course, the whole of Ferrari World coming on-stream next year. "The important thing is to look back at the Grand Prix and look back at the weekend. We can start using this facility for what it was intended for, which is a year-round facility."

The marina-side media centre, which can accommodate up to 600 people, will double as a conference facility for the rest of the year. The paddock buildings, which served as the base for all 10 teams and members of the Royal Family over the weekend, can each hold one-off events. Further away from the track, a drag strip almost a kilometre long has been completed and sits beside the north grandstand. A complex figure-of-eight karting track has been built, and from next year will open to the public. It will also act as a testing ground for the country's young driving talent, who will benefit from the circuit's driving academy.

Further details on the opening date of the drag strip and karting complex are expected in the coming weeks. Ferrari World, the 200,000-square metre theme park, will open in time for next year's Grand Prix, which is provisionally scheduled for October 31. A corner of the theme park was the venue this weekend for a series of concerts by Beyoncé, Jamiroquai, Kings of Leon and Aerosmith. The site was capable of holding up to 70,000 people, and about 40,000 attended the Beyoncé concert on Thursday.

About 155,000 people attended the concerts, said John Lickrish, the managing director of Flash Entertainment, the organisers. The popularity of the events should lead to Yas Island becoming a regular fixture on the capital's concert calendar, he said. "We always had the intention of doing other things there, and not just a one-off event," he said. "Aldar [Ferrari World developers] now want to freeze construction in that area for a while until we come back to them about having a semi-permanent set-up there.

"For us, it is a fantastic site with fantastic access, and when the whole development is done, we can have auxiliary things around. It is perfect for a festival type event, and you can play music until 4am and not disturb anyone." No other concerts will be held on Yas until the 2010 race, said Mr Lickrish. The Creamfields dance music festival and a concert by the American artists The Killers and Rihanna will be held at the Emirates Palace hotel, partly because organisers wanted to see if Ferrari World was a successful venue for concerts before arranging more events for the same site.

Mr Lickrish said: "We weren't sure if [Yas] was going to work, or if there were going to be issues. If there was a disaster, holding three shows there would not have worked." From today, the public will be able to get a glimpse inside the key feature of the circuit - the Yas Hotel, which featured so prominently in television coverage of the Grand Prix weekend. Jean-François Laurent, the hotel manager, was happy with the opening even with the added pressure of its first guests, which included film stars, F1 drivers and royalty. It was, he said, "a statement for Abu Dhabi".

He said he received "amazing" comments from the drivers staying there this weekend, and had to reject multiple booking requests for next year's Grand Prix weekend as they were not taking bookings yet. Posted rates at the 499-room, five-star hotel start at Dh3,500 (US$950). Two presidential suites, which have 28 rooms in total, cover the entire sixth and seventh floors of the hotel - 2,531 square metres in total. The suites, the biggest in the Gulf, are available for a cool Dh20,000 a night.

But later this month, some rooms will go for only Dh750. "We are not an exclusive hotel," said Mr Laurent. "We don't want to limit access. It is open to the public, it is like any other hotel in Abu Dhabi or Dubai. But we know a large number of people will want to visit the place." Paul Bell, the managing director of Aldar Hotels and Hospitality, said: "This is the new face of Abu Dhabi for the 600 million people who watched the race. It is the identifiable face of Abu Dhabi."

As well as being the face of the new Abu Dhabi, the Yas Marina Circuit also offered a tantalising glimpse of how the capital is likely to look in the future. While the hotel and circuit garnered most of the attention over the weekend, smaller details in the design were, in fact, just as significant. Pavements on the island are noticeably free of potholes, and kerbs are uniformly lower at crossings - something that will eventually be seen across the capital.

At a panel discussion about the Yas Marina Circuit held by New York University Abu Dhabi last month, Khaldoon al Mubarak, the circuit chairman, said the development would act as a blueprint for the city's future. "We used Yas as almost the future urban component within the overall city of Abu Dhabi and we wanted to test things out. "Pay attention to the sidewalks and the materials used there. They are very different from what is being used in Abu Dhabi.

"Pay attention to the lights. There is an obvious approach towards sidewalks, where there are bicycle routes covering almost throughout the island. There are walkways carefully shaded to be conducive to walking. "These are things not typical for Abu Dhabi which hopefully will be typical in the future." @Email:rhughes@thenational.ae

Skewed figures

In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458. 

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Emiratisation at work

Emiratisation was introduced in the UAE more than 10 years ago

It aims to boost the number of citizens in the workforce particularly in the private sector.

Growing the number of Emiratis in the workplace will help the UAE reduce dependence on overseas workers

The Cabinet in December last year, approved a national fund for Emirati jobseekers and guaranteed citizens working in the private sector a comparable pension

President Sheikh Khalifa has described Emiratisation as “a true measure for success”.

During the UAE’s 48th National Day, Sheikh Khalifa named education, entrepreneurship, Emiratisation and space travel among cornerstones of national development

More than 80 per cent of Emiratis work in the federal or local government as per 2017 statistics

The Emiratisation programme includes the creation of 20,000 new jobs for UAE citizens

UAE citizens will be given priority in managerial positions in the government sphere

The purpose is to raise the contribution of UAE nationals in the job market and create a diverse workforce of citizens

ONCE UPON A TIME IN GAZA

Starring: Nader Abd Alhay, Majd Eid, Ramzi Maqdisi

Directors: Tarzan and Arab Nasser

Rating: 4.5/5

Europe’s rearming plan
  • Suspend strict budget rules to allow member countries to step up defence spending
  • Create new "instrument" providing €150 billion of loans to member countries for defence investment
  • Use the existing EU budget to direct more funds towards defence-related investment
  • Engage the bloc's European Investment Bank to drop limits on lending to defence firms
  • Create a savings and investments union to help companies access capital
UK-EU trade at a glance

EU fishing vessels guaranteed access to UK waters for 12 years

Co-operation on security initiatives and procurement of defence products

Youth experience scheme to work, study or volunteer in UK and EU countries

Smoother border management with use of e-gates

Cutting red tape on import and export of food

UAE currency: the story behind the money in your pockets
MATCH INFO

Quarter-finals

Saturday (all times UAE)

England v Australia, 11.15am 
New Zealand v Ireland, 2.15pm

Sunday

Wales v France, 11.15am
Japan v South Africa, 2.15pm

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part one: how cars came to the UAE

 

Company%C2%A0profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3ELeap%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3EMarch%202021%0D%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Ziad%20Toqan%20and%20Jamil%20Khammu%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3EPre-seed%0D%3Cbr%3E%3Cstrong%3EFunds%20raised%3A%3C%2Fstrong%3E%20Undisclosed%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%20%3C%2Fstrong%3ESeven%3C%2Fp%3E%0A
Kanguva
Director: Siva
Stars: Suriya, Bobby Deol, Disha Patani, Yogi Babu, Redin Kingsley
Rating: 2/5
 
COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
Uefa Nations League: How it works

The Uefa Nations League, introduced last year, has reached its final stage, to be played over five days in northern Portugal. The format of its closing tournament is compact, spread over two semi-finals, with the first, Portugal versus Switzerland in Porto on Wednesday evening, and the second, England against the Netherlands, in Guimaraes, on Thursday.

The winners of each semi will then meet at Porto’s Dragao stadium on Sunday, with the losing semi-finalists contesting a third-place play-off in Guimaraes earlier that day.

Qualifying for the final stage was via League A of the inaugural Nations League, in which the top 12 European countries according to Uefa's co-efficient seeding system were divided into four groups, the teams playing each other twice between September and November. Portugal, who finished above Italy and Poland, successfully bid to host the finals.

UAE Rugby finals day

Games being played at The Sevens, Dubai

2pm, UAE Conference final

Dubai Tigers v Al Ain Amblers

4pm, UAE Premiership final

Abu Dhabi Harlequins v Jebel Ali Dragons

LILO & STITCH

Starring: Sydney Elizebeth Agudong, Maia Kealoha, Chris Sanders

Director: Dean Fleischer Camp

Rating: 4.5/5

How to increase your savings
  • Have a plan for your savings.
  • Decide on your emergency fund target and once that's achieved, assign your savings to another financial goal such as saving for a house or investing for retirement.
  • Decide on a financial goal that is important to you and put your savings to work for you.
  • It's important to have a purpose for your savings as it helps to keep you motivated to continue while also reducing the temptation to spend your savings. 

- Carol Glynn, founder of Conscious Finance Coaching

 

 

RACE CARD

4pm Al Bastakiya – Listed (TB) $150,000 (Dirt) 1,900m

4.35pm Dubai City Of Gold – Group 2 (TB) $228,000 (Turf) 2,410m

5.10pm Mahab Al Shimaal – Group 3 (TB) $228,000 (D) 1,200m

5.45pm Burj Nahaar – Group 3 (TB) $228,000 (D) 1,600m

6.20pm Jebel Hatta – Group 1 (TB) $260,000 (T) 1,800m

6.55pm Al Maktoum Challenge Round-1 – Group 1 (TB) $390,000 (D) 2,000m

7.30pm Nad Al Sheba – Group 3 (TB) $228,000 (T) 1,200m

At a glance

Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.

 

Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year

 

Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month

 

Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30 

 

Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse

 

Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth

 

Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances

The Settlers

Director: Louis Theroux

Starring: Daniella Weiss, Ari Abramowitz

Rating: 5/5

Key recommendations
  • Fewer criminals put behind bars and more to serve sentences in the community, with short sentences scrapped and many inmates released earlier
  • Greater use of curfews and exclusion zones to deliver tougher supervision than ever on criminals.
  • Explore wider powers for judges to punish offenders by blocking them from attending football matches, banning them from driving or travelling abroad through an expansion of ‘ancillary orders’.
  • More Intensive Supervision Courts to tackle the root causes of crime such as alcohol and drug abuse – forcing repeat offenders to take part in tough treatment programmes or face prison.
MATCH INFO

Europa League final

Who: Marseille v Atletico Madrid
Where: Parc OL, Lyon, France
When: Wednesday, 10.45pm kick off (UAE)
TV: BeIN Sports

COMPANY PROFILE

Company: Bidzi

● Started: 2024

● Founders: Akshay Dosaj and Asif Rashid

● Based: Dubai, UAE

● Industry: M&A

● Funding size: Bootstrapped

● No of employees: Nine