The silver jubilee running of the Dubai World Cup takes place on Saturday at the Meydan Racecourse. Here is all you need to know about the annual horse racing event.
What is it?
The Dubai World Cup is one of the most prestigious and celebrated horse racing events in the world and a key highlight on the UAE sports calendar. This year will be the 25th edition after last year's event was cancelled in response to the coronavirus pandemic. The 2021 event will therefore celebrate the Dubai World Cup's silver jubilee.
The Dubai World Cup meet comprises nine races, culminating in the lucrative Dubai World Cup Group 1 race - one of the richest races in all of horse racing.
When is it?
The 2021 Dubai World Cup takes place March 27.
Where is it?
Meydan Racecourse, Dubai
What races make up the Dubai World Cup?
The Dubai World Cup meeting is set to feature a total of 117 horses from 11 countries for a total prize fund of $26.5m across six Group 1 races, including a race for Purebred Arabians, and three Group 2s.
Here is the list of races with the prize funds and times:
3.45pm: Dubai Kahayla Classic (Purebred Arabians) Group 1 - $750,000
4.15pm: Godolphin Mile Group 2 - $750,000
4.50pm: Dubai Gold Cup Group 2 - $750,000
5.30pm: Al Quoz Sprint Group 1 - $1m
6.05pm: UAE Derby Group 2 - $750,000
6.40pm: Dubai Golden Shaheen Group 1 - $1.5m
7.30pm: Dubai Turf Group 1 - $4m
8.10pm: Dubai Sheema Classic Group 1 - $5m
8.50pm: Dubai World Cup Group 1 - $12m
What is the lineup for the $12m Dubai World Cup?
Displayed is horse's name, trainer, owner:
1. Mystic Guide (USA), Michael Stidham (USA), Godolphin
2. Chuwa Wizard (JPN), Ryuji Okubo (JPN), Shinobu Nakanishi
3. Magny Cours (USA), Andre Fabre (FRA), Godolphin
4. Salute The Soldier (GER), Fawzi Nass (BHR), Victorious
5. Jesus’ Team (USA), Jose Francisco D'Angelo (USA), Grupo 7C Racing Stable
6. Sleepy Eyes Todd (USA) Miguel Angel Silva (USA), Thumbs Up Racing LLC
7. Gifts Of Gold (IRE) Saeed bin Suroor (UAE), Godolphin
8. Hypothetical (IRE), Salem bin Ghadayer (UAE), Sheikh Hamdan bin Mohammed
9. Military Law (IRE), Musabah Al Muhairi (UAE), Nasir Askar
10. Great Scot (GBR), Abdullah Moshrif (KSA), HRH Prince Faisal bin Khaled
11. Thegreatcollection (USA) Doug Watson (UAE), Zaur Sekrekov
12. Title Ready (USA), Dallas Stewart (USA), Charles E Fipke
13. Ajuste Fiscal (URU) Antonio Cintra (URU), Stud La Pomme
14. Capezzano (USA) Salem bin Ghadayer (UAE), Sultan Ali
Can fans attend the 2021 Dubai World Cup?
There will be no fans in attendance at Meydan Racecourse this year, other than a few owners and sponsors' guests, who will adhere to strict social distancing.
How to watch the 2021 Dubai World Cup?
The entire meet can be watched live on the Dubai Racing Channel, while updates, race results and highlights can be found on the @DubaiWorldCup Twitter account and MeydanRacing YouTube Channel.
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The specs
Engine: 2.0-litre 4-cyl turbo
Power: 247hp at 6,500rpm
Torque: 370Nm from 1,500-3,500rpm
Transmission: 10-speed auto
Fuel consumption: 7.8L/100km
Price: from Dh94,900
On sale: now
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Asia Cup Qualifier
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UAE v Hong Kong
Live on OSN Cricket HD. Coverage starts at 5.30am
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RESULT
Esperance de Tunis 1 Guadalajara 1
(Esperance won 6-5 on penalties)
Esperance: Belaili 38’
Guadalajara: Sandoval 5’
ABU DHABI ORDER OF PLAY
Starting at 10am:
Daria Kasatkina v Qiang Wang
Veronika Kudermetova v Annet Kontaveit (10)
Maria Sakkari (9) v Anastasia Potapova
Anastasia Pavlyuchenkova v Ons Jabeur (15)
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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.”
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Lexus LX700h specs
Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor
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Five ways to get fit like Craig David (we tried for seven but ran out of time)
Start the week as you mean to go on. So get your training on strong on a Monday.
Train hard, but don’t take it all so seriously that it gets to the point where you’re not having fun and enjoying your friends and your family and going out for nice meals and doing that stuff.
Think about what you’re training or eating a certain way for — don’t, for example, get a six-pack to impress somebody else or lose weight to conform to society’s norms. It’s all nonsense.
Get your priorities right.
And last but not least, you should always, always chill on Sundays.
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MATCH INFO
Red Star Belgrade v Tottenham Hotspur, midnight (Thursday), UAE
The specs
Engine: Direct injection 4-cylinder 1.4-litre
Power: 150hp
Torque: 250Nm
Price: From Dh139,000
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How to avoid crypto fraud
- Use unique usernames and passwords while enabling multi-factor authentication.
- Use an offline private key, a physical device that requires manual activation, whenever you access your wallet.
- Avoid suspicious social media ads promoting fraudulent schemes.
- Only invest in crypto projects that you fully understand.
- Critically assess whether a project’s promises or returns seem too good to be true.
- Only use reputable platforms that have a track record of strong regulatory compliance.
- Store funds in hardware wallets as opposed to online exchanges.
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.
Read part three: the age of the electric vehicle begins
Read part two: how climate change drove the race for an alternative
Read part one: how cars came to the UAE
Where can I submit a sample?
Volunteers can now submit DNA samples at a number of centres across Abu Dhabi. The programme is open to all ages.
Collection centres in Abu Dhabi include:
- Abu Dhabi National Exhibition Centre (ADNEC)
- Biogenix Labs in Masdar City
- Al Towayya in Al Ain
- NMC Royal Hospital in Khalifa City
- Bareen International Hospital
- NMC Specialty Hospital, Al Ain
- NMC Royal Medical Centre - Abu Dhabi
- NMC Royal Women’s Hospital.
Don't get fined
The UAE FTA requires following to be kept:
- Records of all supplies and imports of goods and services
- All tax invoices and tax credit notes
- Alternative documents related to receiving goods or services
- All tax invoices and tax credit notes
- Alternative documents issued
- Records of goods and services that have been disposed of or used for matters not related to business
Which honey takes your fancy?
Al Ghaf Honey
The Al Ghaf tree is a local desert tree which bears the harsh summers with drought and high temperatures. From the rich flowers, bees that pollinate this tree can produce delicious red colour honey in June and July each year
Sidr Honey
The Sidr tree is an evergreen tree with long and strong forked branches. The blossom from this tree is called Yabyab, which provides rich food for bees to produce honey in October and November. This honey is the most expensive, but tastiest
Samar Honey
The Samar tree trunk, leaves and blossom contains Barm which is the secret of healing. You can enjoy the best types of honey from this tree every year in May and June. It is an historical witness to the life of the Emirati nation which represents the harsh desert and mountain environments
The specs
Engine: 3.9-litre twin-turbo V8
Power: 620hp from 5,750-7,500rpm
Torque: 760Nm from 3,000-5,750rpm
Transmission: Eight-speed dual-clutch auto
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The Birkin bag is made by Hermès.
It is named after actress and singer Jane Birkin
Noone from Hermès will go on record to say how much a new Birkin costs, how long one would have to wait to get one, and how many bags are actually made each year.
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Friday (UAE kick-off times)
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Sunday
Cagliari v Verona (3.30pm)
Udinese v SPAL (6pm)
Sampdoria v Atalanta (6pm)
Lazio v Lecce (6pm)
Parma v Roma (9pm)
Juventus v Milan (11.45pm)
'Outclassed in Kuwait'
Taleb Alrefai,
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Yahya Al Ghassani's bio
Date of birth: April 18, 1998
Playing position: Winger
Clubs: 2015-2017 – Al Ahli Dubai; March-June 2018 – Paris FC; August – Al Wahda
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Explained
Temple numbers
Expected completion: 2022
Height: 24 meters
Ground floor banquet hall: 370 square metres to accommodate about 750 people
Ground floor multipurpose hall: 92 square metres for up to 200 people
First floor main Prayer Hall: 465 square metres to hold 1,500 people at a time
First floor terrace areas: 2,30 square metres
Temple will be spread over 6,900 square metres
Structure includes two basements, ground and first floor
HIV on the rise in the region
A 2019 United Nations special analysis on Aids reveals 37 per cent of new HIV infections in the Mena region are from people injecting drugs.
New HIV infections have also risen by 29 per cent in western Europe and Asia, and by 7 per cent in Latin America, but declined elsewhere.
Egypt has shown the highest increase in recorded cases of HIV since 2010, up by 196 per cent.
Access to HIV testing, treatment and care in the region is well below the global average.
Few statistics have been published on the number of cases in the UAE, although a UNAIDS report said 1.5 per cent of the prison population has the virus.
