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The Latest Breaking News from Abu Dhabi

Binance Re-Examines MENA Strategy, Withdraws Abu Dhabi License Application

Binance filed the application for an operating license with Abu Dhabi Global Market last November. The exchange withdrew it on Nov. 7.

International Business Times

Morgan leads 11 Aussies in bid to enjoy LIV riches

Eleven Australian golfers will be among a global field in Abu Dhabi seeking one of the three lucrative places in the LIV Golf League in 2024.

AAP

McLaren F1 team ready to help Norris stop being so harsh on himself

Norris ended the campaign berating the “shit job” he had made of qualifying shootouts. This followed a slide in Abu Dhabi that denied him the chance to nick pole off Max Verstappen. The Briton was similarly self-critical of his one-lap performances in Austin and Mexico City.

Autosport

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Pourchaire: Lawson shows Super Formula is a great step to F1

Sauber Academy driver Pourchaire sealed the F2 title in Abu Dhabi with ART Grand Prix after seeing off Mercedes junior Frederik Vesti. But with Williams' confirmation that it will retain Logan Sargeant, all grid slots are set for the 2024 F1 season, which will remarkably feature an unchanged line-up of…

Autosport

Barclay family regains control of Telegraph after Abu Dhabi helps pay debt

Planned takeover still requires government approval despite Lloyds receiving funds owed

The Guardian - UK

Perez opens up on F1 2023 slump - "I cannot be this bad, something's going on"

It feels like ages ago since Perez lived up to his once-valid 'street race king' moniker and won the Azerbaijan Grand Prix, cutting team-mate Max Verstappen's lead to just six points as he vowed to take the 2023 title fight all the way. His pole in the subsequent Miami Grand…

Autosport

Motorsport events to watch during winter break - how to watch

Most events will now be enjoying a deserved rest period over the Christmas break but events such as Asian Le Mans kicked off in early December, while the 2024 Formula E season begins mid-January, so there are plenty of events to watch.

Autosport

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FedEx’s boom and slump is partly just a COVID distortion, says CEO Raj Subramaniam

“If there was no pandemic, the trend [would] be kind of okay,” Subramaniam said at the Fortune Global Forum in Abu Dhabi.

Fortune

‘Brand Dubai’: how the city-state is using Cop28 climate talks to build influence

The emirate hosting the UN’s climate conference is selling a gilded vision of aspiration built on oil and everything it powers

The Guardian - UK

Culture Secretary intervenes in Abu Dhabi-backed takeover of Daily Telegraph

The Culture Secretary has intervened in an Abu Dhabi-backed takeover of The Daily Telegraph by asking the media watchdog to investigate its…

The National (Scotland)

UK To Probe Of UAE-backed Takeover Of Telegraph

The UK government said on Thursday it had triggered a formal probe on public interest grounds into the proposed sale of the Telegraph Media Group to an Abu Dhabi-backed investment fund.

International Business Times

AlphaTauri to address side-effects of low-speed prowess with 2024 F1 car

The Anglo-Italian squad grabbed attention with its raft of steady floor upgrades in recent months, that according to McLaren team boss Andrea Stella had made the AT04 the best car in low-speed corners by the season finale in Abu Dhabi.

Autosport

Abu Dhabi and Asia show crypto is charging ahead—with or without the U.S.

The U.S. has good reasons to stifle crypto—but what's happening elsewhere shows the genie is out of the bottle.

Fortune

Hamilton admits to self-doubt, says Abu Dhabi 2021 prompted F1 retirement thoughts

The seven-time champion has undergone a challenging two years with the Mercedes squad, which has found itself unable to regularly match the pace of the dominant Red Bull outfit.

Motorsport

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Motorsport

AlphaTauri to address side effects of low-speed F1 prowess with 2024 car

Motorsport

2024 F1 season driver line-up and calendar: Everything you need to know

Last year was dominated by Max Verstappen and Red Bull, with a few teams such as McLaren and Ferrari starting to improve their car towards the end of the year.

Motorsport

Ferrari needs to make more of its F1 opportunities in 2024 – Vasseur

Ferrari was beaten by Mercedes to second in the 2023 constructors' championship in Abu Dhabi by three points after both teams went through a season full of ups and downs with their peaky cars. Just like its counterpart from Brackley, Ferrari started off on the wrong foot in Bahrain with…

Autosport

Vasseur: Ferrari needs to make more of its opportunities in F1 2024

Ferrari was beaten by Mercedes to second in the 2023 constructors' championship in Abu Dhabi by three points after both teams went through a season full of ups and downs with peaky cars. Just like its counterpart from Brackley, Ferrari started off on the wrong foot in Bahrain with a…

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Fortune

Obama advisor turned Wall Street CEO says everyone’s AI predictions will be ‘invariably wrong’

Lazard CEO Peter Orszag told Fortune's Global Forum in Abu Dhabi that “a dose of humility” is needed among those speculating on the impact of AI.

Fortune

The UAE's leading AI CEO addresses bombshell New York Times report alleging China ties, says he didn't finish reading the story

"It’s correct that we all need to pay attention to the proper development of AI, and ultimately what we use AI for," G42's Peng Xiao said at Fortune's Global Forum in Abu Dhabi.

Fortune

Billionaire Ray Dalio on the most important vote of our lifetime: 'I pray that we do not have another Trump-Biden election'

"No good society exists with this kind of fighting," the Bridgewater founder said at Fortune's Global Forum in Abu Dhabi.

Fortune

Ray Dalio slams 'tragedy' of a New York Times journalist's shocking book about him, claiming he was a Bridgewater reject who wrote 'fiction, created as fact'

“When truth gets mixed with fiction by journalists, the country has a problem,” the founder of the world’s largest hedge fund said at Fortune's Global Forum in Abu Dhabi.

Fortune

The CEO behind nearly 10,000 KFCs in China explains the country’s consumption slump: A 'psychological' consequence of COVID-zero

“We can understand why people became rather cautious and rational with their spending,” Yum China CEO Joey Wat said at the Fortune Global Forum in Abu Dhabi.

Autosport

O'Ward: Moving to F1 after winning Indy 500 would be a "Cinderella story"

O'Ward impressed on his latest appearance in McLaren's F1 machinery by finishing second in Abu Dhabi's post-season test, completing 103 laps in the 2023 MCL60 to put himself just 0.269s behind Alpine's leading Esteban Ocon.

Fortune

As billionaire hedge fund managers flock to the Middle East, a key official says watch out for Abu Dhabi as a financial hub in the next 2 to 3 years

At Fortune's Global Forum in Abu Dhabi, H.E. Ahmed Jasim Al Zaabi echoes the billionaires Alan Howard and Ray Dalio: The city is a major emerging financial district.

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