Frankie Dettori, right, failed to win the Japan Derby for Sheikh Mohammed, left.
Frankie Dettori, right, failed to win the Japan Derby for Sheikh Mohammed, left.

Godolphin horse fails to make it big in Japan



Sheikh Mohammed bin Rashid, the Vice President of the UAE and the Ruler of Dubai, is still searching for a Derby winner after Godolphin's Debonair disappointed in the Japense Derby.

Ridden by Frankie Dettori, the Darley-bred Debonair failed to trouble the principals and came home 12th for trainer Kazuya Nakatake who had said the "Toyko course is his course".

Sheikh Mohammed was at Fuchu Racecourse to watch the 12-furlong race, which has 313 million yen (Dh14.3 million) in prize money, won by Orfevre who became the first colt in five years to win the first two legs of the Triple Crown.

The Yasutoshi Ikee trained Stay Gold colt repeated his impressive course and distance victory in the Satsuki Sho and came home one and three quarter lengths clear of Win Variation - whose sire Heart's Cry had also finished second in the Derby - with Belshazzar a further seven lengths back in third.

Even the pouring rain couldn't dampen the spirits of Ikee and jockey Kenichi Ikezoe who were winning their first Derby with the trainer the youngest to do so in the race's history.

sports@thenational.ae

Skewed figures

In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458. 

The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.