Daman Markets partners with Dubai Racing Club for the 2024-25 racing season
The official contract signing took place at the Dubai Racing Club at Meydan Racecourse
Daman Markets, a prominent name in forex and CFD trading services by Daman Securities, has announced its new sponsorship as an Official Event Partner for the Dubai Racing Club (DRC) during the 2024-25 racing season, according to a media release.
The official contract signing took place at the Dubai Racing Club at Meydan Racecourse, in the presence of Samer Mourched, CEO of Daman Markets, and Ahmed Waheed, General Manager of Daman Securities.
Known for its exclusivity, the Dubai Racing Club is renowned as a rare venue to access in terms of partnerships, making this collaboration a significant milestone for Daman Markets.
According to the company, this partnership highlights Daman Markets’ commitment to excellence, aligning with the world-class standing of the Dubai Racing Club and the iconic Meydan Racecourse.
The Dubai World Cup, organized by the Dubai Racing Club, is one of the most prestigious global horse racing events held here in the UAE, attracting top competitors and spectators from around the world. Similarly, Daman Markets has grown from its solid local foundation to become a leading global player, serving clients both locally and internationally with world-class trading services.
Samer Mourched, CEO of Daman Markets, said, “We are honored to be the first broker to sponsor this sport in the UAE. Horseracing 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.”
The sponsorship also opens the possibility of exploring horse tokenization, potentially offering clients new ways to engage with the sport and blend the traditions of horse racing with innovative investment opportunities - bringing the two industries closer together.
As the first local broker to enter the horseracing world as a sponsor, Daman Markets is setting a new standard by embracing a sport deeply rooted in the UAE’s local culture and traditions, says the media release.
Rather than pursuing numerous sponsorships across multiple crowded venues, Daman Markets has strategically invested in this exclusive partnership, focusing its resources where it matters most—on client success.
This collaboration allows Daman Markets to further elevate the excellent trading experience it offers, supported by advanced tools and client education. Sponsoring the Dubai Racing Club highlight is their commitment to the region while reaching traders on a global scale.
For more information on Daman Markets’ sponsorship and upcoming events, please visit our website.