Royals made almost £2m from sale of horses received as gifts from prominent figures

Palace insists horses given to late queen, including 34 from emir of Dubai, were personal gifts'

King Charles III and his late mother, Queen Elizabeth II, appear to have made almost 2m from the sale of horses that were gifts from prominent figures.

The Guardian has identified more than 40 horses that were apparently given to the queen by a Dubai sheikh, a Muslim religious leader and a Saudi royal.