• Tadej Pogacar of UAE Team Emirates wearing the overall leader's yellow jersey is flanked by teammates en route to victory at the Tour de France in Paris on Sunday, July 18, 2021.
    Tadej Pogacar of UAE Team Emirates wearing the overall leader's yellow jersey is flanked by teammates en route to victory at the Tour de France in Paris on Sunday, July 18, 2021.
  • Slovenian rider Tadej Pogacar of UAE Team Emirates wearing the overall leader's yellow jersey during the 21st stage of the Tour de France in Paris on Sunday.
    Slovenian rider Tadej Pogacar of UAE Team Emirates wearing the overall leader's yellow jersey during the 21st stage of the Tour de France in Paris on Sunday.
  • UAE Team Emirates rider Tadej Pogacar retained his Tour de France title on Sunday.
    UAE Team Emirates rider Tadej Pogacar retained his Tour de France title on Sunday.
  • Slovenia's Tadej Pogacar, wearing the overall leader's yellow jersey, with the peloton during the neutral start of the 21st and last stage of the Tour de France.
    Slovenia's Tadej Pogacar, wearing the overall leader's yellow jersey, with the peloton during the neutral start of the 21st and last stage of the Tour de France.
  • Team Jumbo–Visma rider Jonas Vingegaard wearing the white jersey, UAE Team Emirates rider Tadej Pogacar wearing the yellow jersey, Deceuninck–Quick-Step rider Mark Cavendish wearing the green jersey, and Bahrain Victorious rider Wout Poels with the polka dot jersey.
    Team Jumbo–Visma rider Jonas Vingegaard wearing the white jersey, UAE Team Emirates rider Tadej Pogacar wearing the yellow jersey, Deceuninck–Quick-Step rider Mark Cavendish wearing the green jersey, and Bahrain Victorious rider Wout Poels with the polka dot jersey.
  • Tadej Pogacar with his UAE Team Emirates teammates.
    Tadej Pogacar with his UAE Team Emirates teammates.
  • Tadej Pogacar won the Tour de France 2021 on Sunday in Paris.
    Tadej Pogacar won the Tour de France 2021 on Sunday in Paris.
  • Tadej Pogacar of the UAE Team Emirates with the peloton.
    Tadej Pogacar of the UAE Team Emirates with the peloton.
  • Tadej Pogacar, wearing the overall leader's yellow jersey, greets Denmark's Jonas Vingegaard, wearing the best young rider's white jersey.
    Tadej Pogacar, wearing the overall leader's yellow jersey, greets Denmark's Jonas Vingegaard, wearing the best young rider's white jersey.

Tadej Pogacar is man to beat at Tokyo Olympics after retaining Tour de France title


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Finding a chink in the armour of Slovenian Tadej Pogacar proved impossible during three weeks of racing around France and the world's best riders must now try again in Saturday's 234km Olympic road race.

Pogacar arrived in Tokyo with an iron grip on the peloton and will be the favourite to take the gold medal on a lumpy course that looks tailor-made for his vast skill set.

The 22-year-old was unbreakable in the Pyrenees and Alps on the way to a second successive Tour de France triumph, so however brutal parts of the Olympic course around Mount Fuji appear it will be unlikely to worry Pogacar.

And while Saturday's race has a longer list of potential winners than a Grand Tour, Pogacar proved by winning the Liege-Bastonne-Liege classic this year that he can look after himself in the frenetic one-day classics.

"He rides carefree and loves the bike," his UAE Team Emirates colleague Davide Formolo said during the Tour. "Everything seems easy to him. He wants to win and win, he's insatiable."

Even if Pogacar's gas tank is depleted from his exploits in France, Slovenia have an impressive 'Plan B' in the form of 2019 and 2020 Vuelta de Espana winner Primoz Roglic. Not bad for a nation of two million people.

Roglic abandoned the Tour early after a crash and, if he has recovered physically, the recharged 31-year-old could be ready for a thrilling battle with his team mate.

The course starts at Musashinonomori Park and ends at the Fuji International Speedway and features five big ascents, including one on Mount Fuji itself.

But it is the final climb, the Mikuni Pass, after 200km of hard racing that will likely decide the outcome.

I've bumped into a lot of the Tour guys this week and they all look like corpses to be honest
New Zealand rider George Bennett

If Pogacar's defences are not eroded by the time they kick up that 7km leg-stinger, averaging 11 per cent, he will be hard to beat.

With less than a week between the Tour ending and the Olympic race, the big question is whether those who made it to Paris have recovered.

"I've bumped into a lot of the Tour guys this week and they all look like corpses to be honest," New Zealand's George Bennett, another contender for a medal, told Reuters.

"I saw Wout [Van Aert] and he said he could hardly ride his bike for the first few days, but we will know more on Saturday."

Belgium's Van Aert, an all-rounder who could be deadly over the last 20 flat kilometres if he not distanced on the final climb, is a serious rival to Pogacar.

"You see how Wout flew in the past few weeks, you can say he's in the shape of his life," his young team mate and medal contender Remco Evenepoel said this week.

  • Flag bearer Yousuf Almatrooshi of the United Arab Emirates leads his contingent during the athletes' parade at the opening ceremony.
    Flag bearer Yousuf Almatrooshi of the United Arab Emirates leads his contingent during the athletes' parade at the opening ceremony.
  • Flag bearer Yousuf Almatrooshi of Team United Arab Emirates leads the team out during the opening ceremony of the Tokyo 2020 Olympic Games.
    Flag bearer Yousuf Almatrooshi of Team United Arab Emirates leads the team out during the opening ceremony of the Tokyo 2020 Olympic Games.
  • Members of the United Arab Emirates Team are seen during the opening ceremony of the Tokyo 2020 Olympic Games.
    Members of the United Arab Emirates Team are seen during the opening ceremony of the Tokyo 2020 Olympic Games.
  • Flag bearer Yousuf Almatrooshi of Team United Arab Emirates during the opening ceremony of the Tokyo 2020 Olympic Games.
    Flag bearer Yousuf Almatrooshi of Team United Arab Emirates during the opening ceremony of the Tokyo 2020 Olympic Games.
  • Flag bearers Hannah Mills and Mohamed Sbihi of Team Great Britain lead their team out during the opening ceremony of the Tokyo 2020 Olympic Games.
    Flag bearers Hannah Mills and Mohamed Sbihi of Team Great Britain lead their team out during the opening ceremony of the Tokyo 2020 Olympic Games.
  • Italy's delegation parade during the opening ceremony of the Tokyo 2020 Olympic Games.
    Italy's delegation parade during the opening ceremony of the Tokyo 2020 Olympic Games.
  • Flag bearers Harmanpreet Singh and Mary Kom Hmangte of India lead their contingent in the athletes parade during the opening ceremony.
    Flag bearers Harmanpreet Singh and Mary Kom Hmangte of India lead their contingent in the athletes parade during the opening ceremony.
  • Flag bearers Hedaya Wahba and Alaaeldin Abouelkassem of Team Egypt during the Opening Ceremony of the Tokyo 2020 Olympic Games.
    Flag bearers Hedaya Wahba and Alaaeldin Abouelkassem of Team Egypt during the Opening Ceremony of the Tokyo 2020 Olympic Games.
  • Flag bearers Cate Campbell and Patty Mills of Team Australia lead their team during the opening ceremony of the Tokyo 2020 Olympic Games.
    Flag bearers Cate Campbell and Patty Mills of Team Australia lead their team during the opening ceremony of the Tokyo 2020 Olympic Games.
  • Flag bearers Anna Korakaki and Eleftherios Petrounias of Team Greece lead their team in during the opening ceremony of the Tokyo 2020 Olympic Games.
    Flag bearers Anna Korakaki and Eleftherios Petrounias of Team Greece lead their team in during the opening ceremony of the Tokyo 2020 Olympic Games.
  • Flag bearers Yusra Mardini and Tachlowini Gabriyesos of the Refugee Olympic Team lead their team out during the opening ceremony of the Tokyo 2020 Olympic Games.
    Flag bearers Yusra Mardini and Tachlowini Gabriyesos of the Refugee Olympic Team lead their team out during the opening ceremony of the Tokyo 2020 Olympic Games.
  • Performers are seen during the opening ceremony of the Tokyo 2020 Olympic Games.
    Performers are seen during the opening ceremony of the Tokyo 2020 Olympic Games.
  • President of the International Olympic Committee Thomas Bach and Japan's Emperor Naruhito wave during the opening ceremony of the Tokyo 2020 Olympic Games.
    President of the International Olympic Committee Thomas Bach and Japan's Emperor Naruhito wave during the opening ceremony of the Tokyo 2020 Olympic Games.
  • The Japanese flag is raised as the national anthem is sung during the Opening Ceremony of the Tokyo 2020 Olympic Games.
    The Japanese flag is raised as the national anthem is sung during the Opening Ceremony of the Tokyo 2020 Olympic Games.
  • Performers are seen during the Opening Ceremony of the Tokyo 2020 Olympic Games.
    Performers are seen during the Opening Ceremony of the Tokyo 2020 Olympic Games.
  • Performers in action during the Opening Ceremony of the Tokyo 2020 Olympic Games.
    Performers in action during the Opening Ceremony of the Tokyo 2020 Olympic Games.
  • Performers dance during the Opening Ceremony of the Tokyo 2020 Olympic Games.
    Performers dance during the Opening Ceremony of the Tokyo 2020 Olympic Games.
  • A performer is seen acting during the Opening Ceremony of the Tokyo 2020 Olympic Games.
    A performer is seen acting during the Opening Ceremony of the Tokyo 2020 Olympic Games.
  • Fireworks explode during the opening ceremony.
    Fireworks explode during the opening ceremony.
  • Fireworks illuminate over the National Stadium during the opening ceremony of 2020 Tokyo Olympics.
    Fireworks illuminate over the National Stadium during the opening ceremony of 2020 Tokyo Olympics.
  • Fireworks illuminate over the National Stadium during the opening ceremony of the 2020 Tokyo Olympics in Tokyo, Japan.
    Fireworks illuminate over the National Stadium during the opening ceremony of the 2020 Tokyo Olympics in Tokyo, Japan.
  • Members of staff hold signage inside the stadium before the opening ceremony.
    Members of staff hold signage inside the stadium before the opening ceremony.
  • Kabuki actor Nakamura Kankuro lights an Olympic cauldron during the arrival ceremony for the Olympic torch in Tokyo, Japan.
    Kabuki actor Nakamura Kankuro lights an Olympic cauldron during the arrival ceremony for the Olympic torch in Tokyo, Japan.
  • An Olympic flame torch.
    An Olympic flame torch.
  • The Blue Impulse Japan Air Self-Defence Force aerobatic display team fly over the Tokyo Metropolitan Government building during the arrival ceremony for the Olympic torch.
    The Blue Impulse Japan Air Self-Defence Force aerobatic display team fly over the Tokyo Metropolitan Government building during the arrival ceremony for the Olympic torch.
  • People watch a performance by Blue Impulse.
    People watch a performance by Blue Impulse.
  • People take photos of the Japan air force aerobatic squadron Blue Impulse.
    People take photos of the Japan air force aerobatic squadron Blue Impulse.
  • A general view outside the stadium as fireworks are let off during the Opening Ceremony of the Tokyo 2020 Olympic Games.
    A general view outside the stadium as fireworks are let off during the Opening Ceremony of the Tokyo 2020 Olympic Games.

"He has always said he would work towards his goal and that his Tour would be to prepare for the Games. He's done that well. He looks sharp and fresh. Wout won't be afraid of this course."

As events in Rio proved five years ago, when Belgium's Greg van Avermaet took advantage of crashes to snatch gold in a thriller, the Olympic road race is wildly unpredictable and tactics often fly out of the window.

If Pogacar's guard does slip, there will be plenty of riders ready to pounce including 2018 Tour de France champion Geraint Thomas, who heads a formidable British quartet of Tao Geoghegan Hart plus Simon and Adam Yates.

Swiss prodigy Marc Hirschi - and Pogacar's UAE Team Emirates colleague - will also fancy the terrain while Dutchman Bauke Mollema, France's David Gaudu, Italian great Vincenzo Nibali, Spanish veteran Alejandro Valverde and Australian Richie Porte are likely to be in the shake-up when battle commences.

Dubai Bling season three

Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed 

Rating: 1/5

Skoda Superb Specs

Engine: 2-litre TSI petrol

Power: 190hp

Torque: 320Nm

Price: From Dh147,000

Available: Now

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

ARGYLLE
%3Cp%3EDirector%3A%20Matthew%20Vaughn%3C%2Fp%3E%0A%3Cp%3EStarring%3A%20Bryce%20Dallas%20Howard%2C%20Sam%20Rockwell%2C%20John%20Cena%3C%2Fp%3E%0A%3Cp%3ERating%3A%203%2F5%3C%2Fp%3E%0A
How to wear a kandura

Dos

  • Wear the right fabric for the right season and occasion 
  • Always ask for the dress code if you don’t know
  • Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work 
  • Wear 100 per cent cotton under the kandura as most fabrics are polyester

Don’ts 

  • Wear hamdania for work, always wear a ghutra and agal 
  • Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying
The specs

Engine: 4.0-litre V8 twin-turbocharged and three electric motors

Power: Combined output 920hp

Torque: 730Nm at 4,000-7,000rpm

Transmission: 8-speed dual-clutch automatic

Fuel consumption: 11.2L/100km

On sale: Now, deliveries expected later in 2025

Price: expected to start at Dh1,432,000

French Touch

Carla Bruni

(Verve)

Volvo ES90 Specs

Engine: Electric single motor (96kW), twin motor (106kW) and twin motor performance (106kW)

Power: 333hp, 449hp, 680hp

Torque: 480Nm, 670Nm, 870Nm

On sale: Later in 2025 or early 2026, depending on region

Price: Exact regional pricing TBA

PREMIER LEAGUE FIXTURES

Tuesday (UAE kick-off times)

Leicester City v Brighton (9pm)

Tottenham Hotspur v West Ham United (11.15pm)

Wednesday

Manchester United v Sheffield United (9pm)

Newcastle United v Aston Villa (9pm)

Norwich City v Everton (9pm)

Wolves v Bournemouth (9pm)

Liverpool v Crystal Palace (11.15pm)

Thursday

Burnley v Watford (9pm)

Southampton v Arsenal (9pm)

Chelsea v Manchester City (11.15pm)

Indoor cricket World Cup:
Insportz, Dubai, September 16-23

UAE fixtures:
Men

Saturday, September 16 – 1.45pm, v New Zealand
Sunday, September 17 – 10.30am, v Australia; 3.45pm, v South Africa
Monday, September 18 – 2pm, v England; 7.15pm, v India
Tuesday, September 19 – 12.15pm, v Singapore; 5.30pm, v Sri Lanka
Thursday, September 21 – 2pm v Malaysia
Friday, September 22 – 3.30pm, semi-final
Saturday, September 23 – 3pm, grand final

Women
Saturday, September 16 – 5.15pm, v Australia
Sunday, September 17 – 2pm, v South Africa; 7.15pm, v New Zealand
Monday, September 18 – 5.30pm, v England
Tuesday, September 19 – 10.30am, v New Zealand; 3.45pm, v South Africa
Thursday, September 21 – 12.15pm, v Australia
Friday, September 22 – 1.30pm, semi-final
Saturday, September 23 – 1pm, grand final

Profile

Company: Justmop.com

Date started: December 2015

Founders: Kerem Kuyucu and Cagatay Ozcan

Sector: Technology and home services

Based: Jumeirah Lake Towers, Dubai

Size: 55 employees and 100,000 cleaning requests a month

Funding:  The company’s investors include Collective Spark, Faith Capital Holding, Oak Capital, VentureFriends, and 500 Startups. 

Nick's journey in numbers

Countries so far: 85

Flights: 149

Steps: 3.78 million

Calories: 220,000

Floors climbed: 2,000

Donations: GPB37,300

Prostate checks: 5

Blisters: 15

Bumps on the head: 2

Dog bites: 1

How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

Who was Alfred Nobel?

The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.

  • In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
  • Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
  • Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
MATCH INFO

Barcelona 5 (Lenglet 2', Vidal 29', Messi 34', 75', Suarez 77')

Valladolid 1 (Kiko 15')

CABINET%20OF%20CURIOSITIES%20EPISODE%201%3A%20LOT%2036
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EGuillermo%20del%20Toro%3Cbr%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Tim%20Blake%20Nelson%2C%20Sebastian%20Roche%2C%20Elpidia%20Carrillo%3Cbr%3ERating%3A%204%2F5%3C%2Fp%3E%0A
Brief scores:

England: 290 & 346

Sri Lanka: 336 & 243

Company Profile

Company name: NutriCal

Started: 2019

Founder: Soniya Ashar

Based: Dubai

Industry: Food Technology

Initial investment: Self-funded undisclosed amount

Future plan: Looking to raise fresh capital and expand in Saudi Arabia

Total Clients: Over 50

Everton 1 Stoke City 0
Everton (Rooney 45 1')
Man of the Match Phil Jagielka (Everton)

How to watch Ireland v Pakistan in UAE

When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.

DUBAI%20BLING%3A%20EPISODE%201
%3Cp%3E%3Cstrong%3ECreator%3A%20%3C%2Fstrong%3ENetflix%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%20%3C%2Fstrong%3EKris%20Fade%2C%20Ebraheem%20Al%20Samadi%2C%20Zeina%20Khoury%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%202%2F5%3C%2Fp%3E%0A
Batti Gul Meter Chalu

Producers: KRTI Productions, T-Series
Director: Sree Narayan Singh
Cast: Shahid Kapoor, Shraddha Kapoor, Divyenndu Sharma, Yami Gautam
Rating: 2/5

Updated: July 23, 2021, 9:02 AM