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Arabian horses: an enticing combination of beauty and investment potential: Arabian horses continue to fetch record prices at auctions around the world, with investors from the Middle East region still dominating at the top.(DETAILS: Arabians)
The Middle East
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August 1, 2009|
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At a recent auction in Poland, a leading breeding country for Arabians, a record price of $1.6m was paid by Ajman Stud (UAE) for Kwestura. Excluding this purchase, the auction achieved sales of $4.5m with two thirds of it from Middle Eastern investors.
The prizes to be won at competition go up to $4m and, in breeding, a single sperm dosage, in the case of the world champion Arabian, Marwan, from the Qatari Al Shaqab stables, costs as much as $500,000. The breed has always been owned by royal families but is also nowadays attracting ...
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