Exclusive: SailGP to target teams in India and South Korea Sport Business SailGP will target teams in India and the Middle East and races in Hong Kong and Italy as the Formula 1 of sailing breaks the $200m revenue mark. Record attendances, including 20,000 at the UK leg, have driven record revenues in SailGP’s fifth season, with founder tech tycoon Larry Ellison able to scale back funding [...]
F1 fans left furious after Viagogo ticket failure Thousands of Formula 1 fans who spent enormous sums, including one couple who spent £16,173, have been left furious after Viagogo tickets failed to deliver promised entry to the Abu Dhabi post-race concerts, City AM understands. The concerts – headlined by Benson Boone, Metallica, Post Malone and Katy Perry – were explicitly advertised on the [...]
Exclusive: Three nations in €100m battle for new SailGP franchise Sport Business Three nations are locked in a €100m battle to join the SailGP grid as the sailing series expands to 14 teams, City AM can reveal. The fifth season of the competition concluded at the weekend in Abu Dhabi with British team Emirates GBR winning their first title. And the 12-team sailing competition will expand to [...]
Abu Dhabi Finance Week: Where global capital meets innovation December 3, 2025 The Abu Dhabi Finance Week (ADFW) has been rapidly growing over the past few years, scaling to become one of the largest global financial events of the year. With attendance growing by over 100 per cent, representation from over 125 countries and over 600 global institutions, it is on pace to be the biggest financial [...]
World’s biggest padel club: Rowland eyes mega project after taking racket sport public November 5, 2025 British entrepreneur Jonathan Rowland has stepped up plans to build the world’s biggest padel venue by creating the first listed investment vehicle focused on niche racket sports. Rowland today announced a deal to use Aquis-listed VVV Sports to acquire his R3 Sport, which operates tournaments, manages players, and has retail and distribution partnerships in padel. [...]
Abu Dhabi sets sights New York, London and Singapore October 30, 2025 Over the last decade, Abu Dhabi has attracted more than 300 financial firms, with a combined $28.6 trillion in assets globally, as the city positions itself as a global “capital of capital.” ADGM, Abu Dhabi’s international financial centre, revealed it has experienced rapid growth from financial firms over the last three years, increasing from 131 [...]
Wizz Air to pull out of Abu Dhabi and cancels all flights July 14, 2025 Wizz Air has revealed plans to pull out of Abu Dhabi and cancel all flights from the start of September. The London-listed carrier added it intends to exit its joint venture and will “focus on its core markets” in the future. Wizz Air said the move follows a “comprehensive reassessment of market dynamics, operational challenges, [...]
Abu Dhabi sovereign investor eyes $100m slice of Revolut July 8, 2025 An investor in the Abu Dhabi sovereign fund is eying a $100m (£73m) stake in digital banking giant Revolut. State-owned global investment firm Mubadala is reportedly in advanced discussions to purchase shares in Revolut from existing investors. The deal, if completed, would add to a smaller stake the fund purchased last year as part of [...]
London is world’s fourth-most dynamic city April 1, 2025 London is in the top five cities for companies to lay down roots, a fresh study has found, despite the UK suffering years of economic stagnation and reports of an exodus of its wealthiest and high-skilled residents. According to Savills’ inaugural corporate dynamic wealth index, London is the fourth-best location in the world for major [...]
The world’s first AI university January 1, 2025 Over the past year, AI has taken the world by storm. It is no surprise that there is the world’s first University focused exclusively on AI