The President of the UAE Cup for purebred Arabians moves from Ascot to Moscow today for the third leg of the race series.
Now in its 15th anniversary year, the President of the UAE Cup made its mark on the UK racing establishment by becoming the first Arabian race to be staged at Ascot, one of England's most renowned race tracks, in July. Thirty-thousand people watched a contest won by Saudi Arabia's Prince Khalid bin Sultan al Saud's Nayef al Khalidiah under Christophe Lemaire.
However, the series now returns to Russian territory, where Arabian races have a long and successful history in eastern Europe.
Despite no scheduled Middle East runners this weekend, the region will be represented by a Emirates Equestrian Federation contingent, including the race sponsors' general secretary, Talib al Muhairi.
Seven will take to the starting gate for the Group One Moscow Derby's mile-and-a-half challenge for four-year-olds.
The 2008 winner, Pays, and second placed Wambat do not start, leaving the way clear for a new champion. A pair of runners from the Stavropolskiy Stables - Sbor and Ganibal - are likely contenders. The only mare in the race, Terskiy Stables' Westfalia, ridden by SA Khatkov, will be looking to make the most of her two kilo advantage over the boys, who all carry 58kg.
After winning both his starts this year, Pickup, with DT Avidzba at the reins, is another favourite; Burger, Gagat and Bagrein complete the field.
Pays does make an appearance in the Abu Dhabi Stakes - an earlier race for three-year-olds and older over eight furlongs. The race has attracted a field of nine runners, including the French runner, Karmel de Faust, who has won seven times in 10 starts.
Two Sayapin-trained runners, Drager - also ridden by Avidzba - is the field's "veteran", while Courier, with four wins in 11 starts, is an outside bet.
Magistrat, making his debut for trainer MA Kappushev, as well as Patrick, Pays, Jabara, Markitan, and another French bred runner, Kabara complete the Abu Dhabi Stakes bill.
Following its Russian sojourn, the President of the UAE Cup series - held under the instructions of Sheikh Khalifa bin Zayed, President of the UAE and Ruler of Abu Dhabi, Sheikh Mohammed bin Rashid, Vice President of the UAE and Ruler of Dubai, and Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi - stops off for its fourth and final leg in Germany's Baden Baden in October.
Elsewhere in Europe, the Festival of Sheikh Mansour bin Zayed for Arabian flat horse racing moves to Frankfurt, Germany tomorrow, for the third in a four-race series aiming to broaden the popularity of Arab racing in Europe.
With race meets having already taken place in Holland and France, Germany is the third stop for the festival before it heads back to Paris later this month.
The series has featured horses from Sheikh Mansour's stables, including the Arabian colt, Rayef who finished second at the Hippodrome de Bequest in La Teste de Buch, France, last month.
The Sheikh's three-year-old colt, Shayae, is favourite to clinch a win in tomorrow's 1,600m Zayed the First Arabian Cup.
"One of the aims of the Festival is to encourage breeders and owners of Arabian horses in Europe," said Festival director Lara Sawaya. "We want to encourage further involvement in flat racing for Arabian horses."
@Email:sports@thenational.ae
To read about Goodwood Cup runner-up Mourilyan's race at Newbury today visit www.thenational.ae/sport
COMPANY PROFILE
Company: Eco Way
Started: December 2023
Founder: Ivan Kroshnyi
Based: Dubai, UAE
Industry: Electric vehicles
Investors: Bootstrapped with undisclosed funding. Looking to raise funds from outside
RESULTS
Dubai Kahayla Classic – Group 1 (PA) $750,000 (Dirt) 2,000m
Winner: Deryan, Ioritz Mendizabal (jockey), Didier Guillemin (trainer).
Godolphin Mile – Group 2 (TB) $750,000 (D) 1,600m
Winner: Secret Ambition, Tadhg O’Shea, Satish Seemar
Dubai Gold Cup – Group 2 (TB) $750,000 (Turf) 3,200m
Winner: Subjectivist, Joe Fanning, Mark Johnston
Al Quoz Sprint – Group 1 (TB) $1million (T) 1,200m
Winner: Extravagant Kid, Ryan Moore, Brendan Walsh
UAE Derby – Group 2 (TB) $750,000 (D) 1,900m
Winner: Rebel’s Romance, William Buick, Charlie Appleby
Dubai Golden Shaheen – Group 1 (TB) $1.5million (D) 1,200m
Winner: Zenden, Antonio Fresu, Carlos David
Dubai Turf – Group 1 (TB) $4million (T) 1,800m
Winner: Lord North, Frankie Dettori, John Gosden
Dubai Sheema Classic – Group 1 (TB) $5million (T) 2,410m
Winner: Mishriff, John Egan, John Gosden
Turkish Ladies
Various artists, Sony Music Turkey
How to play the stock market recovery in 2021?
If you are looking to build your long-term wealth in 2021 and beyond, the stock market is still the best place to do it as equities powered on despite the pandemic.
Investing in individual stocks is not for everyone and most private investors should stick to mutual funds and ETFs, but there are some thrilling opportunities for those who understand the risks.
Peter Garnry, head of equity strategy at Saxo Bank, says the 20 best-performing US and European stocks have delivered an average return year-to-date of 148 per cent, measured in local currency terms.
Online marketplace Etsy was the best performer with a return of 330.6 per cent, followed by communications software company Sinch (315.4 per cent), online supermarket HelloFresh (232.8 per cent) and fuel cells specialist NEL (191.7 per cent).
Mr Garnry says digital companies benefited from the lockdown, while green energy firms flew as efforts to combat climate change were ramped up, helped in part by the European Union’s green deal.
Electric car company Tesla would be on the list if it had been part of the S&P 500 Index, but it only joined on December 21. “Tesla has become one of the most valuable companies in the world this year as demand for electric vehicles has grown dramatically,” Mr Garnry says.
By contrast, the 20 worst-performing European stocks fell 54 per cent on average, with European banks hit by the economic fallout from the pandemic, while cruise liners and airline stocks suffered due to travel restrictions.
As demand for energy fell, the oil and gas industry had a tough year, too.
Mr Garnry says the biggest story this year was the “absolute crunch” in so-called value stocks, companies that trade at low valuations compared to their earnings and growth potential.
He says they are “heavily tilted towards financials, miners, energy, utilities and industrials, which have all been hit hard by the Covid-19 pandemic”. “The last year saw these cheap stocks become cheaper and expensive stocks have become more expensive.”
This has triggered excited talk about the “great value rotation” but Mr Garnry remains sceptical. “We need to see a breakout of interest rates combined with higher inflation before we join the crowd.”
Always remember that past performance is not a guarantee of future returns. Last year’s winners often turn out to be this year’s losers, and vice-versa.
T10 Cricket League
Sharjah Cricket Stadium
December 14- 17
6pm, Opening ceremony, followed by:
Bengal Tigers v Kerala Kings
Maratha Arabians v Pakhtoons
Tickets available online at q-tickets.com/t10
GULF MEN'S LEAGUE
Pool A Dubai Hurricanes, Bahrain, Dubai Exiles, Dubai Tigers 2
Pool B Abu Dhabi Harlequins, Jebel Ali Dragons, Dubai Knights Eagles, Dubai Tigers
Opening fixtures
Thursday, December 5
6.40pm, Pitch 8, Abu Dhabi Harlequins v Dubai Knights Eagles
7pm, Pitch 2, Jebel Ali Dragons v Dubai Tigers
7pm, Pitch 4, Dubai Hurricanes v Dubai Exiles
7pm, Pitch 5, Bahrain v Dubai Eagles 2
Recent winners
2018 Dubai Hurricanes
2017 Dubai Exiles
2016 Abu Dhabi Harlequins
2015 Abu Dhabi Harlequins
2014 Abu Dhabi Harlequins
'Champions'
Director: Manuel Calvo
Stars: Yassir Al Saggaf and Fatima Al Banawi
Rating: 2/5
COMPANY PROFILE
Name: SmartCrowd
Started: 2018
Founder: Siddiq Farid and Musfique Ahmed
Based: Dubai
Sector: FinTech / PropTech
Initial investment: $650,000
Current number of staff: 35
Investment stage: Series A
Investors: Various institutional investors and notable angel investors (500 MENA, Shurooq, Mada, Seedstar, Tricap)
COMPANY PROFILE
Company name: Alaan
Started: 2021
Based: Dubai
Founders: Parthi Duraisamy and Karun Kurien
Sector: FinTech
Investment stage: $7 million raised in total — $2.5 million in a seed round and $4.5 million in a pre-series A round
COMPANY PROFILE
Name: Xpanceo
Started: 2018
Founders: Roman Axelrod, Valentyn Volkov
Based: Dubai, UAE
Industry: Smart contact lenses, augmented/virtual reality
Funding: $40 million
Investor: Opportunity Venture (Asia)
Results
7pm: Wathba Stallions Cup – Handicap (PA) Dh70,000 (Dirt) 1,600m; Winner: RB Kings Bay, Abdul Aziz Al Balushi (jockey), Helal Al Alawi (trainer)
7.30pm: Maiden (PA) Dh 70,000 (D) 1,600m; Winner: AF Ensito, Fernando Jara, Mohamed Daggash
8pm: Maiden (PA) Dh70,000 (D) 1,400m; Winner: AF Sourouh, Tadhg O’Shea, Ernst Oertel
8.30pm: Maiden (PA) Dh70,000 (D) 1,800m; Winner: Baaher, Fabrice Veron, Eric Lemartinel
9pm: Maiden (PA) Dh70,000 (D) 2,000m; Winner: Mootahady, Antonio Fresu, Eric Lemartinel
9.30pm: Handicap (TB) Dh70,000 (D) 2,000m; Winner: Dubai Canal, Tadhg O’Shea, Satish Seemar
10pm: Al Ain Cup – Prestige (PA) Dh100,000 (D) 2,000m; Winner: Harrab, Bernardo Pinheiro, Majed Al Jahouri
TV: World Cup Qualifier 2018 matches will be aired on on OSN Sports HD Cricket channel
Naga
Director: Meshal Al Jaser
Starring: Adwa Bader, Yazeed Almajyul, Khalid Bin Shaddad
Rating: 4/5
The five pillars of Islam
Janet Yellen's Firsts
- In 2014, she became the first woman to lead the US Federal Reserve
- In 1999, she became the first female chair of the White House Council of Economic Advisers
The biog
Siblings: five brothers and one sister
Education: Bachelors in Political Science at the University of Minnesota
Interests: Swimming, tennis and the gym
Favourite place: UAE
Favourite packet food on the trip: pasta primavera
What he did to pass the time during the trip: listen to audio books