The UAE has a long history of hosting horse races and equestrians.
Horse racing in the UAE is a big industry, with a combined annual revenue of around $15 billion.
The UAE has also become a haven for horse breeders and trainers.
Many of these trainers are international, with some working in the United States, Australia, France, Japan, and the United Kingdom.
Dubai equities are up almost 6% this year to $1,934.49.