CURRAGH // Fame And Glory ran out a wide-margin winner of the Dubai Duty Free Irish Derby yesterday.
Aidan O'Brien's colt travelled nicely towards the rear of the field in the early stages.
As the pacesetters dropped away, Golden Sword was the first to go for home.
But Fame And Glory - ridden by Johnny Murtagh - soon reeled him in and powered away in the final furlong to score decisively from his stablemate.
Mourayan, trained by John Oxx, was third.
It was a record-breaking seventh success in the race for O'Brien - and a third for Murtagh following victories aboard Sinndar and Alamshar.
Fame And Glory oozed class as he pulled away from his rivals with five lengths in hand over 11-1 chance Golden Sword, who finished fifth in the Epsom Derby.
Mourayan, a stablemate of Sea The Stars, who was withdrawn from the big race on Saturday on account of the rain-softened ground, stayed on gamely for third.
O'Brien said: "He's got a lot of tactical speed and was very quick to get into his stride. He's a great traveller and he's a classy horse.
"It was a great performance from Golden Sword. He improved from his run at Chester and has improved again from the Derby at Epsom.
"It's unbelievable to win this race again.
"When there is expectation, like there was today, it's always tense - but this is marvellous."
O'Brien added: "He was special last year, and came through his trials well this spring.
"Johnny was over the moon and he has won very snugly.
"Everyone knows the Curragh is straightforward track and there is nowhere to hide.
"He has improved with every run and came back very well."
Murtagh said: "This is like our Royal Ascot and a great champion always wins it.
"It was a good, solid gallop all the way - he relaxed very well.
"It was hands and heels, a very easy win.
"I thought when I worked him earlier in the week he was going to do something like this.
"I rode Sinndar and Alamshar and they went on to better things, and this horse has a similar profile.
"He could be the horse for the Irish Champion Stakes [at Leopardstown] later in the year."
Of a possible rematch with Epsom Derby winner Sea The Stars, Murtagh added: "He is 1-0 up, but hopefully we'll lock horns later in the year - it will be great for racing.
"I knew coming here that this horse was going to be a different proposition altogether.
"He improved quite a bit from Epsom, and I don't care what turned up today - he would have been hard to beat.
"He has improved mentally, is much sharper and on the ball.
"I think he will be consistent from now until the end of the year."
* PA Sport
The biog
Favourite car: Ferrari
Likes the colour: Black
Best movie: Avatar
Academic qualifications: Bachelor’s degree in media production from the Higher Colleges of Technology and diploma in production from the New York Film Academy
RACECARD
6pm: Al Maktoum Challenge Round-1 – Group 1 (PA) $50,000 (Dirt) 1,600m
6.35pm: Festival City Stakes – Conditions (TB) $60,000 (D) 1,200m
7.10pm: Dubai Racing Club Classic – Listed (TB) $100,000 (Turf) 2,410m
7.45pm: Jumeirah Classic Trial – Conditions (TB) $150,000 (T) 1,400m
8.20pm: Al Maktoum Challenge Round-1 – Group 2 (TB) $250,000 (D) 1,600m
8.55pm: Cape Verdi – Group 2 (TB) $180,000 (T) 1,600m
9.30pm: Dubai Dash – Listed (TB) $100,000 (T) 1,000m
THE SPECS
Engine: 1.5-litre
Transmission: 6-speed automatic
Power: 110 horsepower
Torque: 147Nm
Price: From Dh59,700
On sale: now
Oppenheimer
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The%C2%A0specs%20
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UAE currency: the story behind the money in your pockets
How to invest in gold
Investors can tap into the gold price by purchasing physical jewellery, coins and even gold bars, but these need to be stored safely and possibly insured.
A cheaper and more straightforward way to benefit from gold price growth is to buy an exchange-traded fund (ETF).
Most advisers suggest sticking to “physical” ETFs. These hold actual gold bullion, bars and coins in a vault on investors’ behalf. Others do not hold gold but use derivatives to track the price instead, adding an extra layer of risk. The two biggest physical gold ETFs are SPDR Gold Trust and iShares Gold Trust.
Another way to invest in gold’s success is to buy gold mining stocks, but Mr Gravier says this brings added risks and can be more volatile. “They have a serious downside potential should the price consolidate.”
Mr Kyprianou says gold and gold miners are two different asset classes. “One is a commodity and the other is a company stock, which means they behave differently.”
Mining companies are a business, susceptible to other market forces, such as worker availability, health and safety, strikes, debt levels, and so on. “These have nothing to do with gold at all. It means that some companies will survive, others won’t.”
By contrast, when gold is mined, it just sits in a vault. “It doesn’t even rust, which means it retains its value,” Mr Kyprianou says.
You may already have exposure to gold miners in your portfolio, say, through an international ETF or actively managed mutual fund.
You could spread this risk with an actively managed fund that invests in a spread of gold miners, with the best known being BlackRock Gold & General. It is up an incredible 55 per cent over the past year, and 240 per cent over five years. As always, past performance is no guide to the future.
Company profile
Date started: 2015
Founder: John Tsioris and Ioanna Angelidaki
Based: Dubai
Sector: Online grocery delivery
Staff: 200
Funding: Undisclosed, but investors include the Jabbar Internet Group and Venture Friends
Company profile
Name: Thndr
Started: October 2020
Founders: Ahmad Hammouda and Seif Amr
Based: Cairo, Egypt
Sector: FinTech
Initial investment: pre-seed of $800,000
Funding stage: series A; $20 million
Investors: Tiger Global, Beco Capital, Prosus Ventures, Y Combinator, Global Ventures, Abdul Latif Jameel, Endure Capital, 4DX Ventures, Plus VC, Rabacap and MSA Capital
ELIO
Starring: Yonas Kibreab, Zoe Saldana, Brad Garrett
Directors: Madeline Sharafian, Domee Shi, Adrian Molina
Rating: 4/5
MATCH INFO
Euro 2020 qualifier
Ukraine 2 (Yaremchuk 06', Yarmolenko 27')
Portugal 1 (Ronaldo 72' pen)
PRISCILLA
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Sustainable Development Goals
1. End poverty in all its forms everywhere
2. End hunger, achieve food security and improved nutrition and promote sustainable agriculture
3. Ensure healthy lives and promote well-being for all at all ages
4. Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all
5. Achieve gender equality and empower all women and girls
6. Ensure availability and sustainable management of water and sanitation for all
7. Ensure access to affordable, reliable, sustainable and modern energy for all
8. Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
9. Build resilient infrastructure, promote inclusive and sustainable industrialisation and foster innovation
10. Reduce inequality within and among countries
11. Make cities and human settlements inclusive, safe, resilient and sustainable
12. Ensure sustainable consumption and production patterns
13. Take urgent action to combat climate change and its effects
14. Conserve and sustainably use the oceans, seas and marine resources for sustainable development
15. Protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification, and halt and reverse land degradation and halt biodiversity loss
16. Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels
17. Strengthen the means of implementation and revitalise the global partnership for sustainable development
Labour dispute
The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.
- Abdullah Ishnaneh, Partner, BSA Law
The specs: 2018 Infiniti QX80
Price: base / as tested: Dh335,000
Engine: 5.6-litre V8
Gearbox: Seven-speed automatic
Power: 400hp @ 5,800rpm
Torque: 560Nm @ 4,000rpm
Fuel economy, combined: 12.1L / 100km
