Dubai Racing Club today released the 13th Dubai World Cup Carnival programme, an 11-week schedule of international races worth US$38.9 million (Dh142.9m) and staged at Meydan Racecourse.
Racing begins on Thursday, January 7, and concludes on Saturday, March 26 with the $30m Dubai World Cup, the richest day of horse racing in the world.
All Dubai World Cup Carnival race meetings are scheduled for Thursday evenings apart from Super Saturday and the Dubai World Cup.
Super Saturday, the official prep day for the Dubai World Cup, takes place on March 5. The racecard will offer seven races valued at a combined $1.7m and headed by the Group 1 Al Maktoum Challenge Round 3 and the Group 1 Jebel Hatta.
“It isn’t surprising that Super Saturday has been a great producer of horses going on to be victorious on the Dubai World Cup programme three weeks later, that is what the meeting was designed for and it has certainly succeeded,” said Frank Gabriel Jr, Dubai Racing Club executive director – racing.
“Seven winners of the Dubai World Cup have used the third round of the Al Maktoum Challenge as their lead-up run while four winners of the Dubai Turf, since the race was switched to turf, have come through the Jebel Hatta.
“More and more trainers travelling horses around the world are opting to have a local prep run before the main assignment and with so many winners coming from the third round of the Al Maktoum Challenge, the race is an attractive option for horsemen.”
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3.5/5
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Started: 2020
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
Based: Dubai, UAE
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Number of staff: 210
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Top investing tips for UAE residents in 2021
Build an emergency fund: Make sure you have enough cash to cover six months of expenses as a buffer against unexpected problems before you begin investing, advises Steve Cronin, the founder of DeadSimpleSaving.com.
Think long-term: When you invest, you need to have a long-term mindset, so don’t worry about momentary ups and downs in the stock market.
Invest worldwide: Diversify your investments globally, ideally by way of a global stock index fund.
Is your money tied up: Avoid anything where you cannot get your money back in full within a month at any time without any penalty.
Skip past the promises: “If an investment product is offering more than 10 per cent return per year, it is either extremely risky or a scam,” Mr Cronin says.
Choose plans with low fees: Make sure that any funds you buy do not charge more than 1 per cent in fees, Mr Cronin says. “If you invest by yourself, you can easily stay below this figure.” Managed funds and commissionable investments often come with higher fees.
Be sceptical about recommendations: If someone suggests an investment to you, ask if they stand to gain, advises Mr Cronin. “If they are receiving commission, they are unlikely to recommend an investment that’s best for you.”
Get financially independent: Mr Cronin advises UAE residents to pursue financial independence. Start with a Google search and improve your knowledge via expat investing websites or Facebook groups such as SimplyFI.
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Initial investment: Undisclosed
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Investors: Core42
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