DUBAI: The Dubai Camel Racing Club headquarters in Al Marmoom witnessed, on Wednesday, 13th September 2023, the signing of a tripartite partnership and cooperation agreement between the Dubai Camel Racing Club, Al Matiyah Investment Company, and Wamadat Marketing Management Company.
The partnership aims to move cooperation to broader horizons, by organizing a number of sporting events that will contribute to introducing those coming from the friendly participating country to the deeply rooted history and heritage of the United Arab Emirates, and to benefit from these events in establishing real partnerships with investors and participants coming from outside the Emirates.
The partnership and cooperation agreement also refers to the establishment of an investment forum that will witness the participation of more than fifty countries from various continents of the world, through which some of the economic projects available in the Emirate of Economy and Finance will be presented in order to provide the opportunity to invest in the various fields of Al-Matiyah Investment and Wamdha Marketing Management companies.
This agreement is the result of discussions that continued for a long time, and aimed primarily to provide a true partnership experience that benefits all parties of cooperation, and is primarily in the interest of the economic and investment renaissance that the Emirate of Dubai has witnessed for many years. He added: We hope to form a strong presence in this agreement.
Renaissance through cooperation between us in the Dubai Camel Racing Club, Al-Mutiya Investment Company, and Wamadat Marketing Management, which are two of the important companies in the emirate, and have continued to play important roles over the past years. Al-Matiya Investment Company has succeeded over the past years in making its economic mark through its various commercial projects such as residential complexes, hotels, industrial complexes, sports facilities, agricultural lands and hospitals, in addition to oil derivatives.
The company aims to achieve capital gains and returns in a way that preserves the investor’s purchasing power while providing protection against a decline in purchasing power due to inflation. In addition to paying attention to the process of continuing to develop financial wealth and achieving acceptable financial returns while increasing the value of capital. Over the past years, the company has represented a major supporter of a large number of sporting and economic events, through which it sought to introduce investors to the most important vital projects in the United Arab Emirates in general and Dubai in particular.
Wamadat is considered one of the leading companies in the field of marketing management and commercial brokerage. The company has achieved great successes in organizing and managing events, brand support services, in addition to public relations management and everything related to food and beverage trade and general trade.