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Home » Nearly $571 million have been spent on racehorse training; UAE Minister of Economy

Nearly $571 million have been spent on racehorse training; UAE Minister of Economy

The Dubai Racing Club and Dubai Equestrian Club are co-hosting the two-day forum. 
News DeskBy News DeskDec 10, 2022
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Abdullah bin Touq Al Marri
Image: WAM
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Dubai: The third edition of the popular Dubai Equestrian Forum has started in the grandstand of Dubai’s renowned Meydan Racecourse.

“The UAE boasts a resilient and competitive investment environment underpinned by a robust and developed infrastructure in a variety of economic and commercial sectors, including activities related to the horse industry. Nearly $571 million have been spent on training racehorses, and the average annual expenditure of equestrian clubs in the country has reached $99 million,” Mr. Abdullah bin Touq Al Marri, Minister of Economy while addressing the forum, remarked.

The Dubai Racing Club and Dubai Equestrian Club are co-hosting the two-day forum.

Abdullah-bin-Touq-Al-Marri_Emirati-Times
Image: WAM

“The main objective of hosting this event is to meet with various equestrian suppliers from around the world and to give them a chance to showcase their products to what remains a huge market here in the region. I encourage everyone to get involved and come and visit the forum, which will further strengthen Dubai’s position as a top-class equestrian regional hub,” Major General Dr. Mohammed Essa Al Adhab, General Manager of Dubai Racing Club and Dubai Equestrian Club, stated.

UAE people love to enjoy racehorses. it’s one of the prominent races in the whole UAE. For instance, the Dubai World Cup is a Thoroughbred horse race held annually since 1996 and contested at the Meydan Racecourse which in Arabic suggests a place where people congregate and compete, a sort of meeting point in the Emirate of Dubai, United Arab Emirates.

Dubai World Cup 2022
Dubai World Cup 2022

The race is operated through the Emirates Racing Authority (ERA) whose Chairman is Sheikh Mansour bin Zayed Al Nahyan, Minister of Presidential Affairs of the United Arab Emirates. It offers nine races, consisting of eight Thoroughbred contests and one Purebred Arabian contest.

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UAE Minister of Economy Dubai Equestrian Forum Abdullah bin Touq Al Marri Dubai Equestrian Club Dr. Mohammed Essa Al Adhab Dubai Racing Club Meydan Racecourse
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