Pillar One

Emir of Dubai takes £1m in farm subsidies for horse breeding empire

Last edited 23 October 2016 at 9:43am
23 October, 2016

The Emir of Dubai has received almost £1 million in farm subsidies over the last two years for thoroughbred stud farms that boast tennis courts, a mansion, helipads and even a swimming pool for horses, Greenpeace can reveal.

Read the full investigation here.

The billionaire Sheikh Mohammed bin Rashid Al Maktoum, who is also the Prime Minister and Vice-President of the United Arab Emirates, received a startling £923,760 in taxpayer subsidies for his Newmarket-based stud farms Darley Stud and Godolphin, Greenpeace has found. A further £110,301 went to Smech Management Company, which is also owned by Sheikh Mohammed. Of these payments, a total of £947,211 came from the controversial “single payment scheme”, based primarily on the area of land owned, rather than how that land is used.

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