Exclusive: Daman Markets Partners with Dubai Racing Club as Official Event Sponsor

Daman Markets, the forex and CFD trading service from Daman
Securities, has announced a new sponsorship as an Official Event Partner for
the Dubai Racing Club (DRC) during the 2024-25 racing season.

The contract signing occurred at the Dubai Racing Club at
Meydan Racecourse, attended by Samer Mourched, CEO of Daman Markets, and Ahmed
Waheed, General Manager of Daman Securities.

Daman Markets Partners Dubai Racing

The Dubai Racing Club is known for its exclusive
partnerships, making this collaboration a notable event for Daman Markets. This
sponsorship reflects Daman Markets’ goal to align with institutions, like the
Dubai Racing Club and Meydan Racecourse.

The Dubai World Cup, organized by the DRC, is a global horse
racing event held in the UAE. It attracts top competitors and spectators
worldwide. Daman Markets has also expanded from a local foundation to serve
clients globally, focusing on providing comprehensive trading services.

Daman Markets, operated by Daman Securities LLC, is licensed
by the UAE’s Securities and Commodities Authority and has over 20 years of
experience. The firm specializes in CFDs across various sectors, including
forex, stocks, indices, commodities, and futures.

“Our partnership with Daman Markets represents a significant
step forward,” Ali Al Ali, CEO of Dubai Racing Club, remarked.

“It marks a promising direction for our collaboration with a
clear goal—to introduce something fresh and transformative to the market. This
partnership not only aims to broaden our product offerings but also seeks to
redefine how ownership in the racing industry can be experienced, making it
more accessible and innovative.”

Daman Markets and Horse Tokenization

The sponsorship could lead to exploring horse tokenization ,
presenting clients with innovative investment opportunities in horse racing. As
the first local broker to sponsor horse racing, Daman Markets aims to connect
traditional horse racing with modern financial practices, enhancing engagement
in both sectors.

“We are honored to be the first broker to sponsor this sport
in the UAE,” commented Mourched.

“Horse racing is deeply rooted in the country’s cultural
heritage, and at the same time, has marked Dubai as a global hub for the sport.
With this partnership, we aim to reflect our strong ties to the region and look
forward to connecting with people on a deeper level through this iconic sport.”

Daman Markets, the forex and CFD trading service from Daman
Securities, has announced a new sponsorship as an Official Event Partner for
the Dubai Racing Club (DRC) during the 2024-25 racing season.

The contract signing occurred at the Dubai Racing Club at
Meydan Racecourse, attended by Samer Mourched, CEO of Daman Markets, and Ahmed
Waheed, General Manager of Daman Securities.

Daman Markets Partners Dubai Racing

The Dubai Racing Club is known for its exclusive
partnerships, making this collaboration a notable event for Daman Markets. This
sponsorship reflects Daman Markets’ goal to align with institutions, like the
Dubai Racing Club and Meydan Racecourse.

The Dubai World Cup, organized by the DRC, is a global horse
racing event held in the UAE. It attracts top competitors and spectators
worldwide. Daman Markets has also expanded from a local foundation to serve
clients globally, focusing on providing comprehensive trading services.

Daman Markets, operated by Daman Securities LLC, is licensed
by the UAE’s Securities and Commodities Authority and has over 20 years of
experience. The firm specializes in CFDs across various sectors, including
forex, stocks, indices, commodities, and futures.

“Our partnership with Daman Markets represents a significant
step forward,” Ali Al Ali, CEO of Dubai Racing Club, remarked.

“It marks a promising direction for our collaboration with a
clear goal—to introduce something fresh and transformative to the market. This
partnership not only aims to broaden our product offerings but also seeks to
redefine how ownership in the racing industry can be experienced, making it
more accessible and innovative.”

Daman Markets and Horse Tokenization

The sponsorship could lead to exploring horse tokenization ,
presenting clients with innovative investment opportunities in horse racing. As
the first local broker to sponsor horse racing, Daman Markets aims to connect
traditional horse racing with modern financial practices, enhancing engagement
in both sectors.

“We are honored to be the first broker to sponsor this sport
in the UAE,” commented Mourched.

“Horse racing is deeply rooted in the country’s cultural
heritage, and at the same time, has marked Dubai as a global hub for the sport.
With this partnership, we aim to reflect our strong ties to the region and look
forward to connecting with people on a deeper level through this iconic sport.”

This post is originally published on FINANCEMAGNATES.

  • Related Posts

    CMC Markets Wrote Off £2.8M Investment in Blockchain Firm Strike X

    CMC Markets (LON: CMCX), known for its CFD offerings, has written off its £2.8 million investment in Strike X, a customer-centric blockchain solutions business it acquired in June 2023. CMC’s…

    US Consumer Watchdog Tightens Oversight on Nonbank Payment Services

    The US consumer protection watchdog in the financial sector has tightened its oversight on nonbank firms offering digital payment services. Consumer Financial Protection Bureau (CFPB) has finalized a rule targeting…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    CMC Markets Wrote Off £2.8M Investment in Blockchain Firm Strike X

    • November 22, 2024
    CMC Markets Wrote Off £2.8M Investment in Blockchain Firm Strike X

    COP29 host urges collaboration as deal negotiations enter final stage

    • November 22, 2024
    COP29 host urges collaboration as deal negotiations enter final stage

    Forex Takes Trump’s Statements Too Seriously. Forecast as of 22.11.2024

    • November 22, 2024
    Forex Takes Trump’s Statements Too Seriously. Forecast as of 22.11.2024

    Short-term Analysis for Oil, Gold, and EURUSD for 22.11.2024

    • November 22, 2024
    Short-term Analysis for Oil, Gold, and EURUSD for 22.11.2024

    Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 22.11.2024

    • November 22, 2024
    Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 22.11.2024

    Gold prices rise, set for strong weekly gains on Russia-Ukraine jitters

    • November 22, 2024
    Gold prices rise, set for strong weekly gains on Russia-Ukraine jitters