Dubai Police added a new Bentley Continental GT V8 added to their fleet.
Dubai Police added a new Bentley Continental GT V8 added to their fleet.
Dubai Police added a new Bentley Continental GT V8 added to their fleet.
Dubai Police added a new Bentley Continental GT V8 added to their fleet.

UAE

Dubai Police add Bentley Continental GT V8 to supercar fleet

Luxury cars are used to patrol popular tourist destinations across the city

The National

July 16, 2023

  • English
  • Arabic

Dubai Police have added a Bentley Continental GT V8 to their fleet of supercars.

The force, which already had a Continental GT, took delivery of the vehicle from Al Habtoor Motors at Dubai Police Officers Club.

The 4.0 litre V8 model has an 8-cylinder engine with 542 horsepower, which enables it to accelerate from standstill to 100kph in less than 3.9 seconds, with a top speed of 318 kph (198mph).

In all models, the engine sits largely behind the front axle to optimise weight distribution and dynamic handling, the Bentley website says.

It has an active all-wheel drive system that gives motorists rear-wheel drive when conditions beneath the tyres are good – the all-wheel drive kicks in at the moment the car detects the slightest wheel slip.

In the UAE, the vehicle costs Dh800,000 ($217,800) to Dh1,000,000 ($272,250), depending on features.

Dubai Police's supercar fleet includes Mercedes, Maseratis, Aston Martins and Cadillacs. The luxury cars are used to patrol popular tourist destinations across the city.

They are often seen at national events such as the Dubai Marathon, cycling's UAE Tour, and other parades and celebrations.

Maj Gen Al Jallaf, director of the General Department of Criminal Investigation, said the vehicles help bolster the emirate's security presence at tourist attractions in Dubai.

"This effort is part of the Dubai Police's strategy to upgrade all vehicles used in different operations, contributing to the achievement of the strategic objectives of the Dubai Police in maintaining safety and security," he said.

In May, the force added an electric sports car to their luxury fleet ahead of the Cop 28 climate summit.

Audi RS e-tron GT in Dubai Police livery was shown to the public for the first time on the opening day of the Arabian Travel Market conference.

In October, the force took delivery of a Hongqi E-HS9 SUV - its first electric vehicle.

Dubai Police's supercar fleet - in pictures

  • A Dubai Police Ferrari supercar on display during the Dubai Airshow. Christopher Furlong / Getty Images
    A Dubai Police Ferrari supercar on display during the Dubai Airshow. Christopher Furlong / Getty Images
  • First lieutenant Mohamed Ebrahim Al Suwaidi with the new Dubai Police car an Audi RS e-trom GT, the force's first electric sports car. Chris Whiteoak / The National
    First lieutenant Mohamed Ebrahim Al Suwaidi with the new Dubai Police car an Audi RS e-trom GT, the force's first electric sports car. Chris Whiteoak / The National
  • Dubai Police took delivery of a Hongqi E-HS9 suv vehicle - the force's first electric vehicle - from Oneroad Automotive Company at the Dubai Police Officers Club. Dubai Police
    Dubai Police took delivery of a Hongqi E-HS9 suv vehicle - the force's first electric vehicle - from Oneroad Automotive Company at the Dubai Police Officers Club. Dubai Police
  • Dubai Police supercars at the start of the Dubai Run. Photo: Dubai Media Office
    Dubai Police supercars at the start of the Dubai Run. Photo: Dubai Media Office
  • The Lamborghini Aventador, left, and the Ferrari FF were the first supercars to get the Dubai Police decal treatment. Courtesy Dubai Police
    The Lamborghini Aventador, left, and the Ferrari FF were the first supercars to get the Dubai Police decal treatment. Courtesy Dubai Police
  • Dubai Police unveiled new supercars at the Dubai International Motor Show including the Mercedes G class Brabus. Pawan Singh / The National
    Dubai Police unveiled new supercars at the Dubai International Motor Show including the Mercedes G class Brabus. Pawan Singh / The National
  • Dubai Police added the Ferrari FF (pictured) to its fleet. Courtesy Dubai Police
    Dubai Police added the Ferrari FF (pictured) to its fleet. Courtesy Dubai Police
  • A selection of the Dubai Police fleet: Ferrari FF, Mercedes-Benz SLS-AMG, Bentley Continental GT, Porsche Panamera and Mercedes-Benz/Brabus G700. Photo: WSF Creative
    A selection of the Dubai Police fleet: Ferrari FF, Mercedes-Benz SLS-AMG, Bentley Continental GT, Porsche Panamera and Mercedes-Benz/Brabus G700. Photo: WSF Creative
  • Dubai Police own a Bugatti Veyron, which can reach a speed of more than 400kph. EPA
    Dubai Police own a Bugatti Veyron, which can reach a speed of more than 400kph. EPA
  • The Maserati GranTurismo allows traffic police to cruise the streets of Dubai in style, as well as comfort. Photo: Dubai Police
    The Maserati GranTurismo allows traffic police to cruise the streets of Dubai in style, as well as comfort. Photo: Dubai Police
  • The McLaren MP4-12C packs a punch on the open road with a top speed of about 200kph thanks to its twin-turbo charged V8 engine. Photo: Dubai Police
    The McLaren MP4-12C packs a punch on the open road with a top speed of about 200kph thanks to its twin-turbo charged V8 engine. Photo: Dubai Police
  • Dubai Police hinted in 2019 that the newly Tesla Cybertruck could be added to the force’s impressive fleet of patrol vehicles. Photo: @mostaqbal_ae / Dubai Future Foundation
    Dubai Police hinted in 2019 that the newly Tesla Cybertruck could be added to the force’s impressive fleet of patrol vehicles. Photo: @mostaqbal_ae / Dubai Future Foundation
  • The Mercedes-Benz SLS-AMG can hit 100kph in only 3 seconds thanks to its nine-speed automatic gearbox and AMG-tuned, all-wheel drive system. Photo: WSF Creative
    The Mercedes-Benz SLS-AMG can hit 100kph in only 3 seconds thanks to its nine-speed automatic gearbox and AMG-tuned, all-wheel drive system. Photo: WSF Creative
  • The hybrid electric BMW i8 has a top speed of 250kph. Antonie Robertson / The National
    The hybrid electric BMW i8 has a top speed of 250kph. Antonie Robertson / The National
  • Aston Martin created a special factory staffed by 27 of its finest engineers to produce the exclusive One-77. Sarah Dea / The National
    Aston Martin created a special factory staffed by 27 of its finest engineers to produce the exclusive One-77. Sarah Dea / The National
  • Named after a Spanish fighting bull, the Lamborghini Aventador was initially limited to 4,000 models, with Dubai Police snapping up one of the V12s and coating it in green and white. Photo: Dubai Police
    Named after a Spanish fighting bull, the Lamborghini Aventador was initially limited to 4,000 models, with Dubai Police snapping up one of the V12s and coating it in green and white. Photo: Dubai Police
  • Described by Toyota as delivering a 'powerful but pure' driving experience, the Supra can hit 100kph in only 4.3 seconds and has a top speed of 250kph. Photo: Dubai Police
    Described by Toyota as delivering a 'powerful but pure' driving experience, the Supra can hit 100kph in only 4.3 seconds and has a top speed of 250kph. Photo: Dubai Police
  • The 4 litre V8 Mercedes-Benz G 63 is ready for action, both on and off the road. Pawan Singh / The National
    The 4 litre V8 Mercedes-Benz G 63 is ready for action, both on and off the road. Pawan Singh / The National
  • The Bentley Continental GT, with a huge six-litre engine and top speed of 318kph, ensures police can get where they need to be in style, and on time. Photo: Dubai Police
    The Bentley Continental GT, with a huge six-litre engine and top speed of 318kph, ensures police can get where they need to be in style, and on time. Photo: Dubai Police

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Yadoo’s House Restaurant & Cafe

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How Tesla’s price correction has hit fund managers

Investing in disruptive technology can be a bumpy ride, as investors in Tesla were reminded on Friday, when its stock dropped 7.5 per cent in early trading to $575.

It recovered slightly but still ended the week 15 per cent lower and is down a third from its all-time high of $883 on January 26. The electric car maker’s market cap fell from $834 billion to about $567bn in that time, a drop of an astonishing $267bn, and a blow for those who bought Tesla stock late.

The collapse also hit fund managers that have gone big on Tesla, notably the UK-based Scottish Mortgage Investment Trust and Cathie Wood’s ARK Innovation ETF.

Tesla is the top holding in both funds, making up a hefty 10 per cent of total assets under management. Both funds have fallen by a quarter in the past month.

Matt Weller, global head of market research at GAIN Capital, recently warned that Tesla founder Elon Musk had “flown a bit too close to the sun”, after getting carried away by investing $1.5bn of the company’s money in Bitcoin.

He also predicted Tesla’s sales could struggle as traditional auto manufacturers ramp up electric car production, destroying its first mover advantage.

AJ Bell’s Russ Mould warns that many investors buy tech stocks when earnings forecasts are rising, almost regardless of valuation. “When it works, it really works. But when it goes wrong, elevated valuations leave little or no downside protection.”

A Tesla correction was probably baked in after last year’s astonishing share price surge, and many investors will see this as an opportunity to load up at a reduced price.

Dramatic swings are to be expected when investing in disruptive technology, as Ms Wood at ARK makes clear.

Every week, she sends subscribers a commentary listing “stocks in our strategies that have appreciated or dropped more than 15 per cent in a day” during the week.

Her latest commentary, issued on Friday, showed seven stocks displaying extreme volatility, led by ExOne, a leader in binder jetting 3D printing technology. It jumped 24 per cent, boosted by news that fellow 3D printing specialist Stratasys had beaten fourth-quarter revenues and earnings expectations, seen as good news for the sector.

By contrast, computational drug and material discovery company Schrödinger fell 27 per cent after quarterly and full-year results showed its core software sales and drug development pipeline slowing.

Despite that setback, Ms Wood remains positive, arguing that its “medicinal chemistry platform offers a powerful and unique view into chemical space”.

In her weekly video view, she remains bullish, stating that: “We are on the right side of change, and disruptive innovation is going to deliver exponential growth trajectories for many of our companies, in fact, most of them.”

Ms Wood remains committed to Tesla as she expects global electric car sales to compound at an average annual rate of 82 per cent for the next five years.

She said these are so “enormous that some people find them unbelievable”, and argues that this scepticism, especially among institutional investors, “festers” and creates a great opportunity for ARK.

Only you can decide whether you are a believer or a festering sceptic. If it’s the former, then buckle up.

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The specs

Engine: four-litre V6 and 3.5-litre V6 twin-turbo

Transmission: six-speed and 10-speed

Power: 271 and 409 horsepower

Torque: 385 and 650Nm

Price: from Dh229,900 to Dh355,000

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%3Cp%3ENon-oil%20trade%20between%20the%20UAE%20and%20Japan%20grew%20by%2034%20per%20cent%20over%20the%20past%20two%20years%2C%20according%20to%20data%20from%20the%20Federal%20Competitiveness%20and%20Statistics%20Centre.%C2%A0%3C%2Fp%3E%0A%3Cp%3EIn%2010%20years%2C%20it%20has%20reached%20a%20total%20of%20Dh524.4%20billion.%C2%A0%3C%2Fp%3E%0A%3Cp%3ECars%20topped%20the%20list%20of%20the%20top%20five%20commodities%20re-exported%20to%20Japan%20in%202022%2C%20with%20a%20value%20of%20Dh1.3%20billion.%C2%A0%3C%2Fp%3E%0A%3Cp%3EJewellery%20and%20ornaments%20amounted%20to%20Dh150%20million%20while%20precious%20metal%20scraps%20amounted%20to%20Dh105%20million.%C2%A0%3C%2Fp%3E%0A%3Cp%3ERaw%20aluminium%20was%20ranked%20first%20among%20the%20top%20five%20commodities%20exported%20to%20Japan.%C2%A0%3C%2Fp%3E%0A%3Cp%3ETop%20of%20the%20list%20of%20commodities%20imported%20from%20Japan%20in%202022%20was%20cars%2C%20with%20a%20value%20of%20Dh20.08%20billion.%3C%2Fp%3E%0A
While you're here
The specs

Engine: 3.9-litre twin-turbo V8
Power: 620hp from 5,750-7,500rpm
Torque: 760Nm from 3,000-5,750rpm
Transmission: Eight-speed dual-clutch auto
On sale: Now
Price: From Dh1.05 million ($286,000)

ELECTION%20RESULTS
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AWARDS
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RESULTS

5pm Maiden (PA) Dh70,000 (Dirt) 1,400m

Winner AF Nashrah, Tadhg O’Shea (jockey), Ernst Oertel (trainer)

5.30pm Maiden (PA) Dh70,000 (D) 1,400m

Winner Mutaqadim, Riccardo Iacopini, Ibrahim Al Hadhrami.

6pm Maiden (PA) Dh70,000 (D) 1,600m

Winner Hameem, Jose Santiago, Abdallah Al Hammadi.

6.30pm Maiden (PA) Dh70,000 (D) 1,600m

Winner AF Almomayaz, Sandro Paiva, Ali Rashid Al Raihe.

7pm Handicap (PA) Dh70,000 (D) 1,800m

Winner Dalil Al Carrere, Fernando Jara, Mohamed Daggash.

7.30pm Handicap (TB) Dh70,000 (D) 1,000m

Winner Lahmoom, Royston Ffrench, Salem bin Ghadayer.

8pm Handicap (PA) Dh70,000 (D) 1,000m

Winner Jayide Al Boraq, Bernardo Pinheiro, Khalifa Al Neyadi.

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Stars: Anthony Ramos, Lin-Manual Miranda

Rating: ****

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While you're here
Updated: July 17, 2023, 3:40 AM
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