• The ruler of Dubai, Sheikh Mohammed bin Rashid al-Maktoum has sold his Twin Hills race horse stud near Cootamundra for close to $12 million.

Regarded as one of the most prestigious studs in the country and owned by one of the wealthiest thoroughbred horse breeders and racers in the world, the 1011-hectares was purchased by Oliver and Amber Tait, who are set to return from living in England in March.

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The Twin Hills race horse stud near Cootamundra.