{"id":19596,"date":"2025-04-04T11:07:45","date_gmt":"2025-04-04T07:07:45","guid":{"rendered":"https:\/\/pressreleasenetwork.com\/site\/?p=19596"},"modified":"2025-04-04T11:07:48","modified_gmt":"2025-04-04T07:07:48","slug":"marketplace-middle-east-visits-the-dubai-world-cup","status":"publish","type":"post","link":"https:\/\/pressreleasenetwork.com\/site\/2025\/04\/04\/marketplace-middle-east-visits-the-dubai-world-cup\/","title":{"rendered":"Marketplace Middle East Visits The Dubai World Cup"},"content":{"rendered":"\n

In a new episode of\u00a0Marketplace Middle East<\/a>,\u00a0<\/em>CNN\u2019s\u00a0Eleni Giokos<\/strong> attends the Dubai<\/a> World Cup to explore the tradition, talent, and ambition driving its future. Firstly, she visits Mansourah Massarah mine to see how Saudia Arabia is seizing on a golden opportunity.<\/p>\n\n\n\n

For decades, oil has been Saudi Arabia\u2019s most prized resource, transforming the kingdom\u2019s economy. But Saudi Arabian mining company, Ma\u2019aden, has discovered that hidden beneath the earth lies valuable gold ore. The Executive VP of base metals and new minerals business,\u00a0Duncan Bradford<\/strong>, reflects on the company\u2019s aims last year, \u201cWe\u2019re aiming to produce 320,000 ounces in 2024. This plant was commissioned two years ago. The benefit of Ma\u2019aden, is very different to the other operations in the Ma\u2019aden group. This is one of seven mines, six gold mines, one copper mine, four open pit mines, and three underground mines.\u201d<\/p>\n\n\n\n

For every ton of rock removed, only 2 to 3 grams of gold are extracted. Bradford explains the economic side of this process, \u201cOur all-in sustaining cost is around $1,400 mark per ounce. So comparative with other competitors, we are sitting very well, but when we do studies on such mines like this, we are quite conservative and we use a low gold price to give us a good buffer to allow for any stock market or price drops or commodity price increases.\u201d<\/p>\n\n\n\n

Khalid Almudaifer<\/strong>, from the Ministry of Industry and Mineral Resources, takes a look into how gold may fuel Saudi Arabia\u2019s future, \u201cWe have a great offering in Saudi Arabia. We built many businesses based on collaboration and partnership. And that is what we are going to build on. The world needs more minerals, therefore the more the merrier and we will provide an extra or supply that the world would need.\u201d<\/p>\n\n\n\n

Another highly economic industry is horse racing. Giokos attends the Dubai World Cup to look into Dubai\u2019s investment in the sport and the Emirate\u2019s place on the global racing map. The CEO of Dubai Racing Club,\u00a0Ali Al Ali<\/strong>, is leading efforts to ensure Dubai remains a key player in the billion-dollar racing industry. He tells Giokos, \u201cDubai World Cup does impact a lot on the economy and the finances of Dubai. It brings in a lot of tourists. It brings in a lot of high-net-worth individuals into Dubai, whether they\u2019re horse race owners or they\u2019re horse racing enthusiasts.\u201d<\/p>\n\n\n\n

He continues on what it might take to become the top racing destination, \u201cIt\u2019s going to take a lot of work, and we have come very far from where we were 29 years ago and with the blessings and directions and vision of Sheikh Mohammed bin Rashid Al Maktoum, it\u2019s all about partnering up with other jurisdictions. And our main goal is to sustain the sport and to grow it together and not thinking of Dubai World Cup as a night that only precedes everyone else. We like to win and we like to win together.\u201d<\/p>\n\n\n\n

Winning isn\u2019t just about breeding, it\u2019s about precision, training, and strategy. CNN\u2019s\u00a0Salma Abdelaziz<\/strong>\u00a0goes inside one of Godolphin\u2019s UK stables to see what it takes to build a champion. Godolphin\u2019s lead trainer,\u00a0Charlie Appleby<\/strong>, shared with Abdelaziz what it takes to run one of the most successful horse racing operations in the world, \u201cIt requires that the first thing is the raw product itself, it is the horse at the end of the day, he\u2019s the athlete that has to go out there and put his heart on his sleeve.\u201d<\/p>\n\n\n\n

The Dubai World Cup is one of the richest races on the planet and to win it takes investment, strategy, and a whole lot of heart. Jockey\u00a0William Buick<\/strong>\u00a0says that what drives him is passion and the hunger to be the very best. He tells Abdelaziz \u201cThe position I\u2019m in now, it enables me to ride the best horses in the world on a global scale, which is every jockey\u2019s dream, and it was my dream growing up to be able to compete in all these races across the globe.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

In a new episode of\u00a0Marketplace Middle East,\u00a0CNN\u2019s\u00a0Eleni Giokos attends the Dubai World Cup to explore the tradition, talent, and ambition driving its future. Firstly, she visits Mansourah Massarah mine to see how Saudia Arabia is seizing on a golden opportunity. For decades, oil has been Saudi Arabia\u2019s most prized resource, transforming the kingdom\u2019s economy. But […]<\/p>\n","protected":false},"author":1,"featured_media":19609,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-19596","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/posts\/19596","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/comments?post=19596"}],"version-history":[{"count":1,"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/posts\/19596\/revisions"}],"predecessor-version":[{"id":19610,"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/posts\/19596\/revisions\/19610"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/media\/19609"}],"wp:attachment":[{"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/media?parent=19596"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/categories?post=19596"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/tags?post=19596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}