Tadej Pogacar may have the weight of cycling history on his slender shoulders, but the UAE Team Emirates leader could not have been more relaxed on the eve of the Tour de France.
“I don’t think about history that much, almost never,” the 23-year-old Slovenian said. “We have so many things going on, I just try to enjoy the moment, have fun on the bike, travel around the world, and see what that brings to me.”
Perhaps it's easy for Pogacar to ignore historical significance when he has become so accustomed to creating it. On his Tour de France debut in 2020, at the age of 21, Pogacar became the youngest rider since Henri Cornet in 1904 to win cycling's most prestigious road race – and in spectacular style too, snatching the yellow jersey on the penultimate stage with a time trial performance for the ages.
If his debut title had been a bit smash-and-grab, there was no mistaking his dominance last year, Pogacar proving head and shoulders above his rivals, no matter how hard they tried to gang up on him.
Just weeks after his victory procession along the Champs Elysees, Pogacar made more history as the first cyclist to win an Olympic road race medal the same year as winning the Tour de France.
The world's top-ranked cyclist for almost one year, Pogacar in April became the first road cyclist in history to surpass 6,000 points in the UCI World Rankings.
Now there are more major milestones in his sights: Pogacar is aiming to be just the sixth rider to win the Tour de France three years in a row, an achievement even the great Bernard Hinault was unable to accomplish.
If history has a habit of repeating itself, then Pogacar's rivals should be very wary indeed. Much like 12 months ago, he enters the Tour following titles at the Tirreno-Adriatico, UAE Tour, and earlier this month at the Tour of Slovenia.
Pogacar, with the support of his UAE Team Emirates colleagues, will very much be a hunted rider, not that it gives him any cause for concern.
“We will do our own thing,” Pogacar said. “We have a strong team of riders that I can trust. We are ready for all the attacks and we are fully motivated. If we stick together these three weeks, we should be fine.”
Tadej Pogacar wins the 2022 Strade Bianche - in pictures
While everything appears to be pointing towards another Tour de France triumph, Pogacar was quick to point out that nothing can be taken for granted in a race spanning 3,328km and 21 stages, across cobbled streets and through treacherous mountain terrain.
“Preparation has gone well. We’ve trained and raced at altitude, so I’m in good shape and the data is good,” Pogacar said. “But you still never know what happens in the race. You can have one bad day and it changes everything. So we will go day by day and hope we have good legs every day.”
The threat of Covid also still lingers. Hours before Thursday's press conference, UAE Team Emirates announced Italian rider Matteo Trentin had tested positive for Covid-19 and was forced to withdraw. He has been replaced by Switzerland's Marc Hirschi.
“It’s a bit worrying that cases are going around the peloton,” Pogacar said. “I just hope that now we are here we stay in our bubbles as much as possible and that we can continue without any more positive Covid tests.”
Fortunately for the rest of the team, they had not been in close contact with Trentin, teammate Mikkel Bjerg revealed. “Actually we were pretty lucky - unlucky to lose Matteo but lucky that he arrived the night before and was not in close contact with any of the other riders,” the 23-year-old Dane said. “Marc is coming now and we are confident that he can support the team in a good way.”
As the Tour de France gets set for its Grand Depart on Friday – a 13km time trial in the Danish capital of Copenhagen – Pogacar and UAE Team Emirates can't wait to get started.
“I'm excited to start the Tour again,” he said. “Like any other race, I want to do my best here. It’s the biggest race of the year so I’m happy to be at the start line and excited to fight for the title.”
Section 375
Cast: Akshaye Khanna, Richa Chadha, Meera Chopra & Rahul Bhat
Director: Ajay Bahl
Producers: Kumar Mangat Pathak, Abhishek Pathak & SCIPL
Rating: 3.5/5
COMPANY PROFILE
Name: Akeed
Based: Muscat
Launch year: 2018
Number of employees: 40
Sector: Online food delivery
Funding: Raised $3.2m since inception
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England World Cup squad
Eoin Morgan (capt), Moeen Ali, Jofra Archer, Jonny Bairstow, Jos Buttler (wkt), Tom Curran, Liam Dawson, Liam Plunkett, Adil Rashid, Joe Root, Jason Roy, Ben Stokes, James Vince, Chris Woakes, Mark Wood
Quick pearls of wisdom
Focus on gratitude: And do so deeply, he says. “Think of one to three things a day that you’re grateful for. It needs to be specific, too, don’t just say ‘air.’ Really think about it. If you’re grateful for, say, what your parents have done for you, that will motivate you to do more for the world.”
Know how to fight: Shetty married his wife, Radhi, three years ago (he met her in a meditation class before he went off and became a monk). He says they’ve had to learn to respect each other’s “fighting styles” – he’s a talk it-out-immediately person, while she needs space to think. “When you’re having an argument, remember, it’s not you against each other. It’s both of you against the problem. When you win, they lose. If you’re on a team you have to win together.”
Classification of skills
A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation.
A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.
The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000.
More from Rashmee Roshan Lall
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.”
Types of bank fraud
1) Phishing
Fraudsters send an unsolicited email that appears to be from a financial institution or online retailer. The hoax email requests that you provide sensitive information, often by clicking on to a link leading to a fake website.
2) Smishing
The SMS equivalent of phishing. Fraudsters falsify the telephone number through “text spoofing,” so that it appears to be a genuine text from the bank.
3) Vishing
The telephone equivalent of phishing and smishing. Fraudsters may pose as bank staff, police or government officials. They may persuade the consumer to transfer money or divulge personal information.
4) SIM swap
Fraudsters duplicate the SIM of your mobile number without your knowledge or authorisation, allowing them to conduct financial transactions with your bank.
5) Identity theft
Someone illegally obtains your confidential information, through various ways, such as theft of your wallet, bank and utility bill statements, computer intrusion and social networks.
6) Prize scams
Fraudsters claiming to be authorised representatives from well-known organisations (such as Etisalat, du, Dubai Shopping Festival, Expo2020, Lulu Hypermarket etc) contact victims to tell them they have won a cash prize and request them to share confidential banking details to transfer the prize money.
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Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
The biog
Hometown: Cairo
Age: 37
Favourite TV series: The Handmaid’s Tale, Black Mirror
Favourite anime series: Death Note, One Piece and Hellsing
Favourite book: Designing Brand Identity, Fifth Edition
Ant-Man and the Wasp
Director: Peyton Reed
Starring: Paul Rudd, Evangeline Lilly, Michael Douglas
Three stars
Veil (Object Lessons)
Rafia Zakaria
Bloomsbury Academic
At a glance
- 20,000 new jobs for Emiratis over three years
- Dh300 million set aside to train 18,000 jobseekers in new skills
- Managerial jobs in government restricted to Emiratis
- Emiratis to get priority for 160 types of job in private sector
- Portion of VAT revenues will fund more graduate programmes
- 8,000 Emirati graduates to do 6-12 month replacements in public or private sector on a Dh10,000 monthly wage - 40 per cent of which will be paid by government
Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
World Test Championship table
1 India 71 per cent
2 New Zealand 70 per cent
3 Australia 69.2 per cent
4 England 64.1 per cent
5 Pakistan 43.3 per cent
6 West Indies 33.3 per cent
7 South Africa 30 per cent
8 Sri Lanka 16.7 per cent
9 Bangladesh 0
