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HERE’S ALL YOU NEED TO KNOW ABOUT THE DUBAI WORLD CUP 2022

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Giddy up folks, it’s almost time for the Dubai World Cup. The 26th edition of the most revered horse race of the year. The incredible sporting event has a total prize money of $30.5 million. Guess that explains why it’s considered one of the biggest sporting events in the Middle East.

Here’s a quick guide to the 2022 event:

What is the Dubai World Cup?

Regarded as the pinnacle of the UAE racing calendar, the horse-racing event was launched by Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, in 1996 at Nad Al Sheba Racecourse. Since 2006, the World Cup has been held at Meydan Racecourse.

Leave it to Dubai to build the excitement to the event with the Dubai World Cup Carnival, a pre-cursor to the actual races. The Carnival itself has numerous races including a $300,000 Ras Al Khor race set over 1,400 metres.

Tell us more…

There’s a reason why the $30.5 million meeting is one of the most eagerly anticipated sporting and social weekends in the city. Not only is it the world’s richest day of horseracing, the calibre of riders are the best in the world. There will be nine competitive races, each of which will be run for at least $1million this year.

The evening culminates in the Dubai World Cup 1 race leaving those that have just a passing interest in the equine entranced.

A big money event in Dubai? No surprise there. Are you going to be following the most expensive horse race in the world? Let us know which race you’re most excited for.

Business

New RTA permit makes it easier to rent a luxury car with chauffeur in Dubai 

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Dubai’s Roads and Transport Authority (RTA) has introduced the ‘Takamul Permit’ — a groundbreaking new initiative that is aimed at integrating luxury car services with the car rental industry. Whether you’re a resident, tourist, or businessman, Dubai is making it easier than ever to experience its luxurious lifestyle.

What’s the Big Deal?
With this permit, limousine transport companies and car rental firms can team up like never before, offering customers the chance to rent high-end rides with chauffeurs for up to one month. That means effortless access to elite, chauffeur-driven experiences—all under RTA’s top-tier regulations.

The Rules of the Road
Jamal Al Sadah, Director of Commercial Transport Activities at RTA, revealed that the initiative ensures smooth operations and compliance. Companies must follow strict regulations, including registering rental contracts and listing drivers on the Transport Activities Rental System (TARS).

Why It Matters?
Dubai is already known for its luxury offerings, and this move solidifies its position in premium transport solutions. Whether you’re heading to a business meeting, a five-star hotel, or a VIP event, Takamul Permit has got you covered.

(Source: Wam)

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Announcements

Dubai’s most expensive villa? Jumeirah Bay mansion fetches Dh330M

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Dubai’s luxury real estate market has hit another milestone with the record-breaking sale of a custom-built six-bedroom villa on Jumeirah Bay Island for Dh330 million. The transaction, facilitated by Dubai Sotheby’s International Realty, marks the highest-ever price for a home on the exclusive island, surpassing the previous record of Dh240.5 million.

Often dubbed ‘Billionaire’s Island,’ Jumeirah Bay is an ultra-exclusive enclave featuring just 128 plots, attracting elite buyers seeking privacy, rarity, and an unparalleled waterfront lifestyle. The recently sold villa occupies one of only three plots at the island’s tip and is the only one offering uninterrupted views of the Burj Khalifa and Downtown Dubai skyline.

Spanning 26,895 square feet, the villa is a masterpiece of design, encased in full-height glass walls and boasting soaring 13-metre-high ceilings. The residence is crafted with exquisite materials, including Taj Mahal Quartzite, Patagonian marble, and walnut wood veneer, exuding sophistication at every turn. A beachfront infinity pool and a private stretch of pristine white-sand beach further enhance its exclusivity.

Dubai Sotheby’s International Realty associate directors Regan Faulkner and Ioana Armeanu represented the seller in the landmark transaction.

“AED 330 million is more than just a figure—it’s a statement,” said George Azar, CEO and chairman of Dubai Sotheby’s International Realty. “The demand for properties of this caliber marks a shift where provenance and exclusivity hold more value than ever.”

This historic sale cements Jumeirah Bay Island’s status as a premier destination for ultra-luxury real estate, further driving demand for its limited and highly coveted properties.

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News

Arabian Travel Market 2025 set to break records as global tourism booms

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Dubai is gearing up for its biggest travel showcase yet as the Arabian Travel Market (ATM) 2025 prepares to welcome tourism giants from across the globe.

Running from April 28 to May 1 at Dubai World Trade Centre, this year’s event promises to be bigger, bolder, and busier than ever.

This year’s ATM is all about “Global Travel: Developing Tomorrow’s Tourism Through Enhanced Connectivity” – and the numbers back up the hype. Tourism is booming, with 1.4 billion international travellers in 2024 – an 11 per cent surge from last year – and a record-breaking $1.9 trillion in export revenues.

The Middle East is leading the charge, smashing pre-pandemic figures with a 32 per cent rise in international arrivals. And the future looks bright, with global tourism expected to jump another 3-5 per cent in 2025.

All eyes are on Asia, the fastest-growing region at ATM, boasting a 27 per cent increase in exhibitors, thanks to better connectivity and huge expansion opportunities.

ATM 2025 is backed by Dubai’s Department of Economy and Tourism (DET), Emirates, IHG Hotels & Resorts, and Al Rais Travel.

(Wam)

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