Daman Markets collaborates with Dubai Racing Club

UAE-based, Retail broker Daman Markets, which is a branch of the brokerage firm Daman Securities announced its partnership with the DRC for the 2024 – 2025 season.

Daman Markets CEO Samer Mourched commented, “We are honored to be the first broker to sponsor this sport in the UAE,” “Horse racing is deeply rooted in the countrys 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.”

On its social media, Daman Markets posted,

Kicking Off the Dubai Racing Club Race Season!

We were thrilled to be part of the Dubai Racing Club season launch an unforgettable day of thrilling races, exciting entertainment, and luxury vibes. And it's only the beginning!

DRC CEO Ali Al Ali said, “Our partnership with Daman Markets represents a significant step forward. It marks a promising direction for our collaboration with a clear goal—to introduce something fresh and transformative to the market.”

About DRC

Dubai Racing Club (DRC) serves to organise and host horseracing at Meydan Racecourse, from November through to March, including the Dubai World Cup. Formed in 1992 to further develop and promote horseracing in Dubai, the first races held under rules were contested in March 1992 at the Nad Al Sheba Racecourse. Dubai World Cup is the highlight of Dubai‘s sporting and social calendar and attracts the best horses and riders from all over the world. It is the world’s most spectacular race day with a total prize money of US$ 30.5 million for the showcase of nine races, including US$ 12 million at stake in the contest. Meydan Racecourse is the worlds largest integrated racing facility and the racing season plays a key role in international horse racing.

About Daman Markets

It is a UAE-based limited liability company with Registration Number 2112974. The Emirates Securities and Commodities Authority (license number 20200000043) regulates and licenses it to trade Over-the-Counter Derivatives Contracts and foreign exchange spot markets.

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