UAE: MBR’s stud farm sale

According to Australian press reports, Dubai Ruler Sheikh Mohammed Bin Rashid Al-Maktoum (MBR) recently sold his Twin Hills racehorse stud in New South Wales for some A$12m ($9.2m). It has been bought by Oliver and Amber Tait, who previously managed MBR’s Darley horse stud operations across the world. Sheikh Mohammed had bought the stud in 2008 and a sale was first mooted in July 2016.