• Luis Saez celebrates his Dubai World Cup win on Mystic Guide. Pawan Singh / The National
    Luis Saez celebrates his Dubai World Cup win on Mystic Guide. Pawan Singh / The National
  • Luis Saez celebrates his Dubai World Cup win on Mystic Guide. Pawan Singh / The National
    Luis Saez celebrates his Dubai World Cup win on Mystic Guide. Pawan Singh / The National
  • Mystic Guide ridden by Luis Saez in action during the 4:50 Dubai World Cup. REUTERS
    Mystic Guide ridden by Luis Saez in action during the 4:50 Dubai World Cup. REUTERS
  • Mystic Guide ridden by Luis Saez in action during the 4:50 Dubai World Cup. REUTERS
    Mystic Guide ridden by Luis Saez in action during the 4:50 Dubai World Cup. REUTERS
  • Luis Saez celebrates winning the Dubai World Cup on Mystic Guide. REUTERS
    Luis Saez celebrates winning the Dubai World Cup on Mystic Guide. REUTERS
  • Jockey David Egan on Mishriff from Ireland (L) on their way winning the Longines Dubai Sheema Classic race at the Dubai World Cup in Dubai. EPA
    Jockey David Egan on Mishriff from Ireland (L) on their way winning the Longines Dubai Sheema Classic race at the Dubai World Cup in Dubai. EPA
  • Mishriff, ridden by David Egan, won the Longines Dubai Sheema Classic. Pawan Singh / The National
    Mishriff, ridden by David Egan, won the Longines Dubai Sheema Classic. Pawan Singh / The National
  • Mishriff, ridden by David Egan, won the Longines Dubai Sheema Classic. Pawan Singh / The National
    Mishriff, ridden by David Egan, won the Longines Dubai Sheema Classic. Pawan Singh / The National
  • Lord North, ridden by Frankie Dettori, won the Dubai Turf. Pawan Singh / The National
    Lord North, ridden by Frankie Dettori, won the Dubai Turf. Pawan Singh / The National
  • Lord North, ridden by Frankie Dettori, won the Dubai Turf. Pawan Singh / The National
    Lord North, ridden by Frankie Dettori, won the Dubai Turf. Pawan Singh / The National
  • Rebel's Romance, ridden by William Buick, won the Dubai Turf. Pawan Singh / The National
    Rebel's Romance, ridden by William Buick, won the Dubai Turf. Pawan Singh / The National
  • Frankie Dettori riding Lord North wins the Dubai Turf during Dubai World Cup at the Meydan Racecourse in Dubai, United Arab Emirates .Getty Images
    Frankie Dettori riding Lord North wins the Dubai Turf during Dubai World Cup at the Meydan Racecourse in Dubai, United Arab Emirates .Getty Images
  • Lord North ridden by Frankie Dettori in action during the Dubai Turf. Reuters
    Lord North ridden by Frankie Dettori in action during the Dubai Turf. Reuters
  • Zenden ridden by Antonio Fresu in action during the Dubai Golden Shaheen. Reuters
    Zenden ridden by Antonio Fresu in action during the Dubai Golden Shaheen. Reuters
  • Antonio Fresu dismounts Zenden after ridding in the Dubai Golden Shaheen. Reuters
    Antonio Fresu dismounts Zenden after ridding in the Dubai Golden Shaheen. Reuters
  • Jockey Antonio Fresu on Zenden from the USA (R) win the Dubai Golden Shaheen race at the Dubai World Cup in Dubai. EPA
    Jockey Antonio Fresu on Zenden from the USA (R) win the Dubai Golden Shaheen race at the Dubai World Cup in Dubai. EPA
  • Ryan Moore riding Extravagant Kid wins the Al Quoz Sprint during Dubai World Cup at the Meydan Racecourse in Dubai. Pawan Singh / The National
    Ryan Moore riding Extravagant Kid wins the Al Quoz Sprint during Dubai World Cup at the Meydan Racecourse in Dubai. Pawan Singh / The National
  • Extravagant Kid ridden by Ryan Moore in action in Al Quoz Sprint. Reuters
    Extravagant Kid ridden by Ryan Moore in action in Al Quoz Sprint. Reuters
  • Ryan Moore riding Extravagant Kid wins the Al Quoz Sprint during Dubai World Cup at the Meydan Racecourse in Dubai. Getty
    Ryan Moore riding Extravagant Kid wins the Al Quoz Sprint during Dubai World Cup at the Meydan Racecourse in Dubai. Getty
  • Jockey Joseph Fanning (R) on Subjectivist from Great Britain on their way winning the Dubai Gold Cup race at the Dubai World Cup in Dubai. EPA
    Jockey Joseph Fanning (R) on Subjectivist from Great Britain on their way winning the Dubai Gold Cup race at the Dubai World Cup in Dubai. EPA
  • Jockey Joseph Fanning (R) on Subjectivist from Great Britain on their way winning the Dubai Gold Cup race at the Dubai World Cup in Dubai. Pawan Singh / The National
    Jockey Joseph Fanning (R) on Subjectivist from Great Britain on their way winning the Dubai Gold Cup race at the Dubai World Cup in Dubai. Pawan Singh / The National
  • Jockey Tadhg O'Shea on Secret Ambition celebrates after winning the Godolphin Mile at the Dubai World Cup. EPA
    Jockey Tadhg O'Shea on Secret Ambition celebrates after winning the Godolphin Mile at the Dubai World Cup. EPA
  • Tadhg O'Shea on his way to victory on Secret Ambition in the Godolphin Mile. Getty
    Tadhg O'Shea on his way to victory on Secret Ambition in the Godolphin Mile. Getty
  • Deryan, ridden by Loritz Mendizabal, wins the Dubai Kahayla Classic during the Dubai World Cup at Meydan Racecourse. Pawan Singh / The National
    Deryan, ridden by Loritz Mendizabal, wins the Dubai Kahayla Classic during the Dubai World Cup at Meydan Racecourse. Pawan Singh / The National
  • Loritz Mendizabal after guiding Deryan to victory at the Dubai World Cup. Pawan Singh / The National
    Loritz Mendizabal after guiding Deryan to victory at the Dubai World Cup. Pawan Singh / The National
  • Action from the Dubai Kahayla Classic. Getty
    Action from the Dubai Kahayla Classic. Getty
  • Runners and riders in the Dubai Kahayla Classic. Reuters
    Runners and riders in the Dubai Kahayla Classic. Reuters
  • The Dubai World Cup trophy is brought out at Meydan Racecourse on the big day. Chris Whiteoak / The National
    The Dubai World Cup trophy is brought out at Meydan Racecourse on the big day. Chris Whiteoak / The National
  • The trophy for the Godolphin Mile at the Dubai World Cup at Meydan Racecourse. Chris Whiteoak / The National
    The trophy for the Godolphin Mile at the Dubai World Cup at Meydan Racecourse. Chris Whiteoak / The National
  • Racegoers arrive at the Dubai World Cup at Meydan Racecourse. Chris Whiteoak / The National
    Racegoers arrive at the Dubai World Cup at Meydan Racecourse. Chris Whiteoak / The National

Breeders' Cup could be next big target for Dubai World Cup winner Mystic Guide


Amith Passela
  • English
  • Arabic

The Breeders' Cup in November and a Dubai World Cup defence may be on the agenda for Mystic Guide, the prolific winner of the silver jubilee edition of the flagship race at Meydan.

The lightly raced colt from Godolphin's American operation started the $12 million contest as the favourite and lived up to top billing by coming home a convincing winner on Saturday.

It was also the first Group 1 success for the Michael Stidham-trained runner under Luis Saez, taking his record to four wins in eight starts, and either second or third in the other four.

“We don’t have any race picked out yet but there will be many opportunities in New York and Saratoga, but hopefully, if he’s doing well the Breeders' Cup at the end of the year,” Stidham said.

“If he’s doing well, we will be very keen, we would love it,” he said when asked if Mystic Guide would return to defend his crown in 12 months' time. “I’ll know the lay of the land a little better next time."

Godolphin's Thunder Snow. trained by Saeed bin Suroor. is the only horse to win the Dubai World Cup twice when he landed the prize in 2018 and 2019. Mystic Guide can emulate that feat for a four-year-old if he stays in good health for the 2022 edition of the race.

“I really thought it was finally my turn to step-up to the big time and I really wanted it to happen,” Stidham said of his first international winner in a career spanning four decades as a trainer.

“Everything we do here is exactly the opposite of what we do in America,” he said of the horse’s lead-up to the big night.

“In America we have a 30-foot walk to the track and back. He’s comfortably back in the stalls in a hour but here it’s almost a hour walking back and forth to the barn.

“It’s totally different and I was concerned about that. It was a little bit too much for him. We schooled him. That was a two-hour process. The next day I gave him a day-off. It worked out.”

Stidham, who trains 18 Godolphin horses, gave Mystic Guide time to develop as a three-year-old by not aiming at races like the Preakness, Belmont and the Derby.

“We always thought he was one step behind from where he needed to be campaigned in those kind of races,” he added.

“We gave him time to let him develop, and we did it, and here we are. The sky is the limit for him."

The victory took Godolphin’s record to nine Dubai World Cups since Dubai Millennium carried the royal blues to their first success in the race in 2000.

How to join and use Abu Dhabi’s public libraries

• There are six libraries in Abu Dhabi emirate run by the Department of Culture and Tourism, including one in Al Ain and Al Dhafra.

• Libraries are free to visit and visitors can consult books, use online resources and study there. Most are open from 8am to 8pm on weekdays, closed on Fridays and have variable hours on Saturdays, except for Qasr Al Watan which is open from 10am to 8pm every day.

• In order to borrow books, visitors must join the service by providing a passport photograph, Emirates ID and a refundable deposit of Dh400. Members can borrow five books for three weeks, all of which are renewable up to two times online.

• If users do not wish to pay the fee, they can still use the library’s electronic resources for free by simply registering on the website. Once registered, a username and password is provided, allowing remote access.

• For more information visit the library network's website.

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.

THE%20STRANGERS'%20CASE
%3Cp%3E%3Cstrong%3EDirector%3C%2Fstrong%3E%3A%20Brandt%20Andersen%3Cbr%3E%3Cstrong%3EStarring%3A%20%3C%2Fstrong%3EOmar%20Sy%2C%20Jason%20Beghe%2C%20Angeliki%20Papoulia%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A

Where to Find Me by Alba Arikha
Alma Books 

The President's Cake

Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

The specs: 2018 Nissan Altima


Price, base / as tested: Dh78,000 / Dh97,650

Engine: 2.5-litre in-line four-cylinder

Power: 182hp @ 6,000rpm

Torque: 244Nm @ 4,000rpm

Transmission: Continuously variable tranmission

Fuel consumption, combined: 7.6L / 100km

UAE currency: the story behind the money in your pockets
%20Ramez%20Gab%20Min%20El%20Akher
%3Cp%3E%3Cstrong%3ECreator%3A%3C%2Fstrong%3E%20Ramez%20Galal%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Ramez%20Galal%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStreaming%20on%3A%20%3C%2Fstrong%3EMBC%20Shahid%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E2.5%2F5%3C%2Fp%3E%0A

States of Passion by Nihad Sirees,
Pushkin Press

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.

Part three: an affection for classic cars lives on

Read part two: how climate change drove the race for an alternative 

Read part one: how cars came to the UAE

Harry%20%26%20Meghan
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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.”

FFP EXPLAINED

What is Financial Fair Play?
Introduced in 2011 by Uefa, European football’s governing body, it demands that clubs live within their means. Chiefly, spend within their income and not make substantial losses.

What the rules dictate?
The second phase of its implementation limits losses to €30 million (Dh136m) over three seasons. Extra expenditure is permitted for investment in sustainable areas (youth academies, stadium development, etc). Money provided by owners is not viewed as income. Revenue from “related parties” to those owners is assessed by Uefa's “financial control body” to be sure it is a fair value, or in line with market prices.

What are the penalties?
There are a number of punishments, including fines, a loss of prize money or having to reduce squad size for European competition – as happened to PSG in 2014. There is even the threat of a competition ban, which could in theory lead to PSG’s suspension from the Uefa Champions League.

South Africa World Cup squad

South Africa: Faf du Plessis (c), Hashim Amla, Quinton de Kock (w), JP Duminy, Imran Tahir, Aiden Markram, David Miller, Lungi Ngidi, Anrich Nortje, Andile Phehlukwayo, Dwaine Pretorius, Kagiso Rabada, Tabraiz Shamsi, Dale Steyn, Rassie van der Dussen.

The specs

Price: From Dh529,000

Engine: 5-litre V8

Transmission: Eight-speed auto

Power: 520hp

Torque: 625Nm

Fuel economy, combined: 12.8L/100km

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Star%20Wars%3A%20Episode%20I%20%E2%80%93%20The%20Phantom%20Menace
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MATCH INFO

Uefa Champions League semi-final, first leg

Tottenham 0-1 Ajax, Tuesday

Second leg

Ajax v Tottenham, Wednesday, May 8, 11pm

Game is on BeIN Sports

UAE currency: the story behind the money in your pockets