Abu Dhabi: The Abu Dhabi National Islamic Finance (ADNIF), the Islamic finance and banking arm of the National Bank of Abu Dhabi (NBAD), joined hands with the Abu Dhabi Chess and Culture Club (ADCC) to unveil the 2010 ADNIF Grand Prix Blitz Chess tournament.
Starting from Thursday, the 2010 ADNIF Grand Prix Blitz Chess Tournament will see a total of ten monthly events. Ten players will be entered into the final showdown along with two invited stars.
Addressing a press conference here yesterday, Aref Al Khouri, ADNIF general manager said: "This sponsorship reflects our strong relationship with Abu Dhabi Chess and Culture Club. It also confirms ADNIF's understanding and appreciation of roles played by arts, sports and recreational activities to encourage and facilitate sustainable development and welfare."
Monthly prizes
"ADNIF, officially launched last year, looks forward to support projects and activities that benefit all segments of society," he added.
"The sponsorship also reflects ADNIF and NBAD's commitment to serving and building Abu Dhabi and the wider UAE nation by supporting milestone events and financing projects in different economic sectors to achieve the Abu Dhabi Vision 2030," Al Khouri said.
Hussain Abdullah Khouri, ADCC board member, said entries were free and open to all nationalities and genders.
"Even if someone misses the deadline for the first event they can still join at any stage. We will be considering six of their best performances. We will also be having monthly prizes and a grand final will be held to coincide with the National Day Celebrations," Khouri added.
The ADCC official thanked Abu Dhabi Sports Council, under whose umbrella the Grand Prix is being held.
