With all the pomp and money befitting its status as the world's richest city, Abu Dhabi will soon unveil its new Formula One track on Yas Island, a spectacular entertainment destination emerging from the turquoise waters off the coast of the Emirati capital.
CNN Abu Dhabi, the latest newsgathering expansion from the global news brand, opens its doors today, it was announced by Tony Maddox, MD and EVP CNN International.
Red Bull's Sebastian Vettel made Formula One history by becoming the winner of the sport's first day-night race in Abu Dhabi on Sunday.
Last year's world champion Lewis Hamilton has claimed pole position for Sunday's inaugural Abu Dhabi Grand Prix while his successor as Formula One's top driver, Jenson Button, qualified fifth.
Heikki Kovalainen prevented practice for the inaugural Abu Dhabi Grand Prix from being an all-British affair as he topped the timesheets after the second session.
Yas Marina, Abu Dhabi's new state-of-the-art Formula One track, has many new features never seen on the F1 circuit.
This weekend, Abu Dhabi plays host to its first Formula 1 Grand Prix, and in typical fashion, the capital of the United Arab Emirates is pulling out all the stops, with a brand new racecourse estimated to have cost $1 billion and festivities including performances from Beyoncé and Aerosmith.
This month on Inside the Middle East -- Brent Sadler Hosts from Beirut, Lebanon.
Timo Glock has been ruled out of next Sunday's Brazilian Grand Prix at Interlagos after tests revealed he sustained a cracked vertebra from his crash in Japan last weekend.
THIS MONTH ON IME -- Stan Grant hosts this month's edition of Inside the Middle East from Abu Dhabi where he highlights some of the city's most prominent landmarks.
With all the pomp and money befitting its status as the world's richest city, Abu Dhabi will soon unveil its new Formula One track on Yas Island, a spectacular entertainment destination emerging from the turquoise waters off the coast of the Emirati capital.
CNN Abu Dhabi, the latest newsgathering expansion from the global news brand, opens its doors today, it was announced by Tony Maddox, MD and EVP CNN International.
Red Bull's Sebastian Vettel made Formula One history by becoming the winner of the sport's first day-night race in Abu Dhabi on Sunday.
Last year's world champion Lewis Hamilton has claimed pole position for Sunday's inaugural Abu Dhabi Grand Prix while his successor as Formula One's top driver, Jenson Button, qualified fifth.
Heikki Kovalainen prevented practice for the inaugural Abu Dhabi Grand Prix from being an all-British affair as he topped the timesheets after the second session.
Yas Marina, Abu Dhabi's new state-of-the-art Formula One track, has many new features never seen on the F1 circuit.
This weekend, Abu Dhabi plays host to its first Formula 1 Grand Prix, and in typical fashion, the capital of the United Arab Emirates is pulling out all the stops, with a brand new racecourse estimated to have cost $1 billion and festivities including performances from Beyoncé and Aerosmith.
This month on Inside the Middle East -- Brent Sadler Hosts from Beirut, Lebanon.
Timo Glock has been ruled out of next Sunday's Brazilian Grand Prix at Interlagos after tests revealed he sustained a cracked vertebra from his crash in Japan last weekend.
THIS MONTH ON IME -- Stan Grant hosts this month's edition of Inside the Middle East from Abu Dhabi where he highlights some of the city's most prominent landmarks.
In these eco-conscious times, there are few areas of life that have not been touched by the drive to go green, and golf is no exception.
In focus: Abu Dhabi's space ambitions
France established Tuesday its first strategic foothold in the Gulf, when President Nicolas Sarkozy opened a French military base in Abu Dhabi, the United Arab Emirates.
A member of the royal family of Abu Dhabi who was captured on videotape torturing an Afghan grain dealer has reportedly been detained, a senior U.S. State Department official told CNN Saturday.
Stocks surged Monday, recharging the rally, after Treasury's plan to buy up billions in bad bank assets and a better-than-expected existing home sales report raised hopes that the economy is stabilizing.
As many of the world's industries struggle in the face of global economic hardship, the inaugural Abu Dhabi Yacht Show went ahead earlier this month.
Northern Ireland teenager Rory McIlroy underlined his future Ryder Cup potential with a superb eight-under-par 64 to hold a one-stroke first round lead at the Dubai Desert Classic before play was suspended due to bad light.
South African Louis Oosthuizen carded a flawless seven-under-par round of 65 to claim a three-stroke halfway lead at the Qatar Masters on Friday.
Paul Casey will take a four-stroke lead over Martin Kaymer going into the final round of the Abu Dhabi Championship, as the last two winners of the tournament go head-to-head for the title on Sunday.
England's Paul Casey charged into contention in the storm-hit Abu Dhabi Championship as he bids for his first victory since the same tournament two years ago.
Swedish duo Johan Edfors and Mikael Lundberg both carded six-under-par rounds of 66 to share the lead after a weather-affected first round of the Abu Dhabi Championship on Thursday -- reports the official European Tour Web site.
World number four Andy Murray made a winning start to 2009 with a straight sets victory over James Blake of the United States in a big-money exhibition tournament in Abu Dhabi on Thursday.
England's cricket squad have confirmed they are flying out to Abu Dhabi on Thursday and will resume their two-Test tour of India following days of talks with security advisors.
As soaring oil prices enriched the Persian Gulf region in recent years, the United Arab Emirate of Dubai became the embodiment of global exuberance. Now even this boomtown has fallen prey to the credit crisis.
English football clubs have always attracted wealthy owners. Traditionally, club chairmen were bluff local businessmen with a few spare millions in the bank, perhaps looking to put something back into their local community, somewhere to schmooze clients and colleagues, and seduced by the idea of being a player -- albeit at boardroom level -- in a sport that is an obsession for millions.
Manchester City have completed a sensational transfer deadline-day swoop for Brazilian forward Robinho in an estimated £32.5 million ($58 million) deal with Real Madrid, following the English Premier League club's takeover by an Abu Dhabi group on Monday.
The takeover of Manchester City by an Abu Dhabi group is further evidence that soccer clubs have become a hot buy
James Hogan is the CEO of Abu Dhabi-based airline Etihad. MME caught up with him at the Farnborough International Air Show this week to discuss the airline's future expansion plans as it struck one of the biggest deals in aviation history after placing orders worth more than $20 billion.
Farnborough marks its 60th anniversary during a year when the aviation industry is being hit hard by high oil prices and faltering economies.
A 75% stake in the famed Chrysler Building once owned by a German fund has been sold to an Abu Dhabi group, Prudential Financial, Inc. confirmed Wednesday.
Abu Dhabi's debut on the Formula One calendar will see the venue host the season-ending grand prix for 2009.
Icelandic President Olafur Grimsson opened the Doha debate by naming energy as the most fundamental question of the 21st Century.
The money involved is mind boggling, even by Formula One's heady standards.
On Wednesday, at the glittering Emirates Palace hotel, in front of a who's who of the United Arab Emirates, the front page of the world's newest daily broadsheet was unveiled.
Halfway around the world, a zero-carbon, zero-waste, automobile-free city known as Masdar is rising from a 2.3-square mile plot of desert in Abu Dhabi.
A massive stage set in the middle of an empty stretch of Abu Dhabi's desert, with a projector screen several stories high, lined with TV cameras and lights. It was the setting for a stunning announcement -- an ambitious plan to spend $22 billion to build an entirely new green city.
The Gulf may still be booming but inflation - and skyrocketing prices - is making life tough for the workforce.
Although the Abu Dhabi Music and Arts Festival is in its fifth year, a first-time liaison with New York-based IMG Artists has fast-tracked it onto a new plane of potential.
You expect a motorist to shell out a little extra cash for a vanity license plate.
The one thing Wall Street knows how to do is raise money. The proof: Even with financial markets threatening to melt down worldwide, four of the Street's biggest firms have attracted a total of $50 billion of investor cash to help cover losses on subprime-mortgage-related carnage past and on carnage yet to come.
Abu Dhabi has lots of oil and an enormous carbon footprint, but the capital of the United Arab Emirates is putting huge resources into alternative energy. Why?
Germany's Martin Kaymer is one round away from landing his maiden European Tour title after maintaining a six-stroke lead at the Abu Dhabi Golf Championship.
European Tour Rookie of the Year Martin Kaymer surged into a six-stroke lead at the halfway stage of the Abu Dhabi Championship after a sizzling seven-under-par 65.
Never before have film stars had so many opportunities to pose for the paparazzi. The cinematic diary is crammed full of festivals. Now there's a new one in Abu Dhabi.
So you're lousy with petrocash or other export-driven windfalls, and itching to put your depreciating dollars to work. Where to start? Here's Fortune's handy tip sheet:
U.S. stocks may continue their rebound Wednesday, although investors will have to weigh new details about the mortgage meltdown and related housing slump.
U.S. stocks appeared set for a tough open Wednesday as investors struggled to maintain their poise in the face of ongoing credit problems and a heavy economic calendar.
Citigroup's newfound $7.5 billion cash infusion from Abu Dhabi's state investment fund may not cure all that ails the embattled bank, but it heralds the growing influence of sovereign wealth funds.
More business news from the Middle East: Dubai International Capital acquires Alliance Medical for $1.3 billion; Saudi Arabia inflation rate at highest in 10 years; Emirates posts record half-year figures; MGM Mirage to build $3 billion resort in Abu Dhabi by 2012
A strike by construction workers in one of the world's fastest-growing financial centers stretched into a third day Monday, with workers in the United Arab Emirates demanding better pay and working conditions, police said.
In a gallery in Dubai this month, local Emirate collectors, passing American tourists and Egyptian expats will mingle to admire the Fez-clad, cigarette-smoking youths in the photographs of London-based but Moroccan-born artist, Hassan Hajjaj.
A visit to Abu Dhabi best illustrates the scale of the dream projects underway. Some projects that probably would never get off the ground elsewhere are finding a home in the Middle East, specifically the Louvre and Guggenheim outposts planned in Abu Dhabi.
While U.S. and European markets try to gauge the bottom of the sub-prime lending crisis, government-controlled funds in the Persian Gulf have been on a spending spree, investing billions of dollars in companies around the world.
Khaldoon Khalifa Al Mubarak is CEO of Mubadala Development Company. In this role, he oversees the delivery of an aggressive investment strategy, generating significant financial returns and driving sustainable economic development in the United Arab Emirates.
Private-equity firm the Carlyle Group said Thursday it sold a 7.5 percent stake in its general partnership operations for $1.35 billion to an investment arm of the government of Abu Dhabi.
It may seem strange that the emirate of Abu Dhabi, one of the planet's largest suppliers of oil, is planning to build the world's first carbon-neutral city.
Pakistan's embattled president sat down with a major exiled opposition leader in Abu Dhabi, an encounter designed to shore up his power, sources tell CNN.
Apollo Management could be the next private equity firm to head to the public markets.
Khaldoon Khalifa al Mubarak is a man in a hurry. The 31-year-old, American-educated developer steps on the gas of his silver Audi and zooms past a hole in the ground crawling with construction work...
A weekend off from my Olympic training campaign means flying half way round the world to Dubai to film for Mainsail!
Abu Dhabi will host a Formula One Grand Prix from 2009 in a calendar that could be extended to 20 races, F1 chief Bernie Ecclestone said on Saturday.
Ross Fisher extended his stunning opening at the Dubai Desert Classic on Friday, grabbing the overall clubhouse lead in a rain-disrupted second round.
1. Mullets Charley Hoffman's birdie-eagle-birdie finish to win the Hope was pretty sporty, but his mangy hairdo was clearly the star of the show. Somewhere Billy Ray Cyrus is smiling.
Opener Salman Butt has been excluded from Pakistan's 14-player squad that will play India in two one-day internationals later this month in Abu Dhabi.
Vijay Singh carded a bogey-free four-under 68, two shots adrift of surprise leader Keith Horne of South Africa, on the opening day of the inaugural Abu Dhabi Championship.
The eldest son of the late leader of the United Arab Emirates has been elected successor to his father, official sources have told CNN.
The eldest son of the late leader of the United Arab Emirates has been elected successor to his father, official sources told CNN.
After ailing for many years, United Arab Emirates president and founder Sheikh Zayed bin Sultan al-Nahyan has died Tuesday, according to his office. He was about 90.
Sheikh Zayed bin Sultan al-Nahyan, president and founder of the United Arab Emirates, has died after many years of poor health, according to his office. He was about 90.
Most business travelers would agree that the single greatest impediment to a successful trip is falling sick.

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