"I bring them all together", says Shaikh Mohammed

April 2, 2012

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Dubai, April 2: Following the triumph of Monterosso, ridden by Mikael Barzalona, at the Dubai World Cup main event on Saturday night, His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai — the founder of the Godolphin stables which owns Monterosso — spoke exclusively to CNN’s Winning Post prior to and after the Dubai World Cup at the Meydan horse race course the same night.

The Dubai World Cup returned to Godolphin hands after a memorable one-two for Shaikh Mohammed’s racing operation. Monterosso, ridden by Mikael Barzalona, pulled ahead of stablemate Capponi to capture the coveted trophy. Both horses are trained by Mahmood Al Zarooni.

Excerpts from CNN’s Winning Post interview with:

Q: On why he built Meydan and started the Dubai World Cup:

A: “Well we thought about it and it was the horse you know descended from the horse in UAE and the thoroughbred is fantastic, thoroughbreds descending from these horses. So we bring the horse back home.

So actually we race in England, we race in America, we race in Australia, we race in Japan but not all the best horses come together, the Japanese stay home, sometimes they come to England, the Australians stay home, the Americans mostly stay home and also the Europeans. And we thought it if we can make a big Meydan here we can invite them all here and they are – it’s near to them, you know – centralised, so they come and see the magnificent horse race here and compete with all the countries…

Well remember it is in our blood. An Arab with a horse and a falcon… Our love to the horses and that’s why we backed this.”

Q: On thinking the Dubai World Cup would ever become so big:

A: “You have to dream. And our dream, and my dream.”

Q: On his predictions for the outcome of the race:

A: “I feel a lot of competition will be there’s a lot of beautiful horses from America, Europe, Japan, Australia, so you cannot tell. But you know really I am to bring them all together and to see this big party tonight I am honoured.”

Q: On winning the race with Monterosso:

“Yes it is really we haven’t won this race for a few years so to win it really it’s great, great feeling. For me and this is so happy not only for me but for United Arab Emirates and all our people.”

Q: On getting first and second in the race with Monterosso and Capponi:

A: “One-two finish, I mean when they came to the straight I thought will we win or is somebody coming to catch us? But it’s great.”

Q: On Mikael Barzalona (the winning jockey) celebrating before he crossed the finish line:

A: “My heart was in my throat at that time and I didn’t know what to say but thank god we won it and everybody has won — all the country, Ireland won, France won and that’s the racing. I’m double happy now!”


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News Network
January 12,2020

Dubai, Jan 12: Saudi Arabian oil giant Aramco announced Sunday that its initial public offering raised a record $29.4 billion, a figure higher than previously announced, after the company used a so-called "greenshoe option" to sell millions more shares to meet investor demand.

The company said that the sale of an additional 450 million shares took place during the initial public offering process.

The oil and gas company, which is majority owned by the state, began publicly trading on the local Saudi Tadawul exchange on December 11. It hit hit upwards of $10 a share on the second day of trading. This gave Aramco a market capitalization of $2 trillion, making it comfortably the world's most valuable company.

Aramco's additional sales mean the company has publicly floated 1.7% of its shares. It's IPO, even before the added sales, was the world's largest ever.

The shares sold in the over-allotment option "had been allocated to investors during the book-building process and therefore, no additional shares are being offered into the market today," Aramco said.

Company shares traded down on Sunday, dipping to around 34.7 riyals, or $9.25 a share, amid heightened tensions in the Persian Gulf between Iran and the United States. Aramco was a target of rising tensions over the summer when a missile and drone attack, which Saudi Arabia and the US blame on Iran, temporarily halved its production.

Sunday's trading figures value Aramco at $1.85 trillion, still well ahead of Apple, the second largest company in the world after Aramco, but below the $2 trillion mark sought by Crown Prince Mohammed bin Salman.

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News Network
April 10,2020

Dubai, Apr 10: Saudi Arabia reported 364 new coronavirus cases and three new virus-related deaths, the Ministry of Health announced on Friday.

The total number of confirmed cases in the Kingdom is 3,651, out of which 2,919 are currently active, the ministry added.

Out of the new cases, 90 were recorded in Mecca, 78 in Medina, 69 in Riyadh, and 54 in Jeddah, the ministry said.

Meanwhile, the number of fatalities rose to 47, while th number of recoveries reached 685.

The daily number of confirmed cases in Saudi Arabia has not peaked yet, and has been rapidly accelerating.

Saudi Arabia’s Minister of Health had said earlier this week that four different studies showed that the number of coronavirus cases in the Kingdom could reach between 10,000 to 200,000 within weeks.

The ministry spokesman emphasized the urgent need for citizens and residents to remain at home and maintain social distancing practices to ensure that the virus does not spread further.

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News Network
July 13,2020

Dubai, July 13: An explosion caused by a gas leak damaged a restaurant, and nearby shops at a residential building in Dubai on Monday morning. 

According to Brigadier Abdul Haleem Al Hashemi, Deputy Director of Al Qusais Police Station, the incident took place at 4am when the restaurant was closed.

No injuries were reported, but two nearby shops, a pharmacy, a salon and three cars were severely damaged.

"Dubai Police patrols were immediately dispatched to the scene and worked with Dubai Civil Defense to evacuate residents of the two-storey building as a precautionary measure," Brig Al Hashimi explained.

Preliminary investigations showed that the blast was caused by a gas leak, the officer said. The Crime Scene Department of the General Department of Forensics and Criminology in Dubai is studying the evidence collected from the site and will be preparing the final report on the accident.

Brig Al Hashimi urged restaurant owners to ensure that all safety and security systems at their outlets are in good condition. Regular maintenance checks should also be conducted on all pipes and gas regulators, especially during the summer season.

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