The global racing empire of H.H. Sheikh Mohammed
While helping to build Dubai into an international center of business and tourism, Sheikh Mohammed has also been an active participant in horse racing.
Sports
Al Jaber Engineering JV wins 2022 FIFA stadium bid
A joint venture of Al Jaber Engineering and Tekfen Construction selected as main contractor for 2022 FIFA World Cup stadium.
Jadwa Investment to advise on privatizing Saudi FB clubs
Saudi Arabia’s Jadwa Investment will advise on the privatization of as many as five soccer clubs in the Saudi Professional League.
Arabs own 12% of the global fleet of superyachts
Superyachts owners from the Middle East own the longest and most luxurious yachts in the world, according to the Superyacht Builders Association (SYBAss).
Godolphin and Darley to merge
Godolphin and Darley, the global racing and breeding empires of H.H. Sheikh Mohammed bin Rashid Al Maktoum, are set to merge into one seamless operation under Godolphin in the New Year.
Manchester City FC valued at $3bn after China investment
A consortium of Chinese investors is investing USD 400 million to take a stake of more than 13% in Manchester City, valuing the football club at USD 3 billion.
Manchester City reports its first profit since 2008
Manchester City has reported its first profit in the seven years since Sheikh Mansour bin Zayed Al Nahyan bought the football club in 2008.
Meet Nasser Al-Khelaifi, the President of Paris Saint-Germain
Paris-Saint Germain’s president used to play the racket sport professionally, but retired in 2002 having reached a career-high 995 in the world rankings.
Thoroughbred worth $150m adds to Saudi Prince’s fortune
Saudi Prince Khalid Abdullah Al Saud bred Frankel in 2008 and he’s become the crown jewel of a string of 259 stallions and mares valued at almost $400 million.