Dubai Ruler dances with joy after Thunder Snow wins Dubai World Cup

Khaleej Times

April 1, 2018

Dubai may have been hot and humid over the past week but thunder and snow rained on the city on Saturday night.

And the royal blue silks, the colours of Godolphin, hung over the spectacular Meydan Racecourse as Thunder Snow won the 23rd renewal of the $10 million Dubai World Cup.

The four-year-old bay colt from Helmet, the mount of Christophe Soumillon, ended Emirati handler Saeed bin Suroor's two-year drought, in sensational style, winning the 10-furlong affair by a comprehensive five-and-three-quarter of a length over strong favourite, the USA's West Coast.

Thunder Snow aced the five-horse American challenge to win in record time, putting Arrogate's 2:02:53 seconds to shade with a time of 2:01:38 seconds.

It was Thunder Snow's seventh win in 18 starts but the biggest Group 1 victory of his fledging career. The win also increased Saeed bin Suroor's tally to an astonishing record eight at the Dubai World Cup, the most by any trainer.

Thunder Snow's victory also brought up Suroor's 38th win after Benbatl had triumphed in the Dubai Turf earlier on the night.

And while Thunder Snow, Godolphin and Saeed bin Suroor all racked up the numbers, it was a life-long dream becoming a reality for Christophe Soumillon.

The Belgian jockey notched his first Dubai World Cup in nine attempts. The 36-year-old's best result was the runner-up finish to California Chrome, on board Mubtaahij.

Thunder Snow was drawn on an unfavourable Gate 10, right on the outside, but that didn't deter him as it was to be his night.

Thunder Snow was out of the gates in a blink of an eye and with North America, his UAE rival, with whom he tussled in the Al Maktoum Challenge, missing the start, it made it all the more easier. But it was just one contender down and many more to go as the Americans lurked. Thunder Snow still had a job to do and he did it in some style.

He kept West Coast, with whom he had exchanged the lead briefly at the start, at bay over the course of the 2000-metre contest. And Thunder Snow then went on to deny American legendary trainer Bob Baffert a second win on the trot and a fourth at the World Cup.

"We won two years in a row and now we have come back and won it again. It is a great and a brilliant result," an elated Saeed bin Suroor said, moments after the race.

"The jockey did a great job despite being drawn from Gate 10. What he has done, nobody has done. To take Thunder Snow from the Gate 10 and to take him to a position from where he can win is superb," added the Emirati, whose last win came with Prince Bishop, ridden by William Buick.

Meanwhile, Soumillon revealed that a pre-race pep talk helped him win. "I don't know if it was Sheikh Mohammed's daughter, a little girl, she told me: 'It is small track and if you go in front then, you are going to win it.' I never thought I can do that running with that draw. He jumped quite well and I saw nobody trying to challenge me and then West Coast let me go. And when I arrived at the first corner, my horse was in front and, on the back straight, I was just cantering. He is a very funny horse and very talented but when he doesn't want to do, he doesn't and when he wants, it is just amazing. He was in great shape and pretty fit. He has shown that in Europe and last year in Kentucky.

"It is difficult to say how I'm feeling because it has not sunk in. I had finished second one time but winning this was like a dream come true," said Soumillon.

SOUMILLON'S FIRST
2010: 11 on Red Desire (Mikio Matsunaga), won by Gloria De Campeo

2011: 7 on Musir (Mike de Kock), won by Victoire Pisa

2012: 8 on Master Of Hounds (Mike de Kock), won by Monterosso

2013: 8 on Treasure Beach (Mike de Kock), won by Animal Kingdom

2014: 7 on Sanshaawes (Mike de Kock), won by African Story

2015: 9 on Epiphaneia (Katsuhiko Sumii), won by Prince Bishop

2016: 2 on Mubtaahij (Mike de Kock), won by California Chrome

2017: 4 on Mubtaahij (Mike de Kock), won by Arrogate

2018: Winner on Thunder Snow (Saeed bin Suroor)

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Allah given Power to these ARAB scumbags for the upliftment of muslim world but they dance as per western tune.

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Banks asked to search and seize B R Shetty’s accounts in UAE

News Network

April 26,2020

Dubai, Apr 26: The Central Bank of the UAE (CBUAE) has instructed financial institutions in the country to search and freeze all bank accounts of Indian billionaire BR Shetty and his family along with those of companies where he has a stake.

The apex bank has also blacklisted several firms associated with Shetty along with their entire senior management.

In an advisory issued last week, CBUAE cited decisions of the Federal Attorney General and asked financial institutions to search and freeze any bank accounts, deposits or investments in the name of Shetty or his family members.

Financial institutions have been directed to stop transfers from these accounts and deny access to deposit boxes.

Currently in India and facing a string of charges, Shetty is the founder of NMC Health.

The heathcare provider was placed into administration by a UK court recently following an application by the Abu Dhabi Commercial Bank (ADCB) which alone has an exposure of $981 million (Dh3.6 billion).

Overall, UAE banks have a combined exposure of more than Dh8bn to NMC which owes money to Oman-based banks and financial institutions as well.

Probing credit facilities
The Central Bank has sought information about credit facilites extended to the Shettys along with details of their safe deposit boxes and the financial transfers they have made till date.

A similar advisory has been issued for NMC Healthcare and NMC Holding, based on the decision of the Head of Plenary Fund Prosecution.

The Central Bank has also blacklisted several companies associated with Shetty. Key staff members of these firms have been similarly blacklisted.

Comments

when you make money with good country you should not make doka to that country, first of all we indian have bad name in GCC now this will make more dought on indian hindus..

after BJP come to power in india,our country is acting like maron, this will only end with final WAR.

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India's 2020 gold demand may hit 26-year low as prices rally: WGC

Agencies

July 30,2020

New Delhi, Jul 30: India's gold demand in 2020 is expected to fall to the lowest level in 26 years with domestic bullion prices hitting a record high and as falling disposable incomes could curtail retail purchases, the World Gold Council (WGC) said on Thursday.

Lower demand by the world's second-biggest bullion consumer could limit a rally in global prices, which hit a record high earlier this month, although it could also reduce India's trade deficit and support the ailing rupee.

"Fast rising gold prices could act as headwinds," said Somasundaram PR, the managing director of WGC's Indian operations.

Local gold futures have jumped 35% so far this year after rising a quarter in 2019.

India's gold consumption in the first half of 2020 plunged 56% on-year to 165.6 tonnes. Meanwhile, the coronavirus-triggered lockdown also slashed demand by 70% in the June quarter to 63.7 tonnes, the lowest in more than a decade, the WGC said in a report published on Thursday.

Millions of Indians have lost their jobs or taken a pay cut after the country imposed a lockdown on its 1.3 billion people to curb the spread of the virus that has infected more than 1.5 million Indians.

Consumption is generally high during the June quarter due to weddings and key festivals such as Akshaya Tritiya, but lockdown restrictions kept shoppers indoors this year.

The weak demand in the first half could drag down India's gold consumption in 2020 to the lowest since 1994, when demand stood at 415 tonnes, Somasundaram said, adding that it is still difficult to provide an estimate for full-year demand as the coronavirus crisis is still unfolding.

"Indian demand has previously jumped as much as 300 tonnes in a quarter. Latent demand could come out in the second half," Somasundaram said.

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Supreme Court allows trading in cryptocurrency, quashes RBI ban

News Network

March 4,2020

New Delhi, Mar 4: The Supreme Court on Wednesday revoked the ban of cryptocurrency imposed by the Reserve Bank of India (RBI) in 2018.

Pronouncing the verdict, the three-judge bench of the apex court said the ban was 'disproportionate'.

The bench included Justice Rohinton Fali Nariman, Justice S Ravindra Bhat and Justice V Ramasubramanian.

The Internet and Mobile Association of India (IAMAI), whose members include cryptocurrency exchanges, and others had approached the top court objecting to a 2018 RBI circular directing regulated entities to not deal with cryptocurrencies.

Advocate Ashim Sood, appearing for IAMI, submitted that Reserve Bank of India lacked jurisdiction to forbid dealings in cryptocurrencies. The blanket ban was based on an erroneous understanding that it was impossible to regulate cryptocurrencies, Sood submitted.

The petitioners had argued that the RBI's circular taking cryptocurrencies out of the banking channels would deplete the ability of law enforcement agencies to regulate illegal activities in the industry.

IAMAI had claimed the move of RBI had effectively banned legitimate business activity via the virtual currencies (VCs).

The RBI on April 6, 2018, had issued the circular that barred RBI-regulated entities from "providing any service in relation to virtual currencies, including those of transfer or receipt of money in accounts relating to the purchase or sale of virtual currencies".

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