Daman Markets Joins Dubai Racing Club for 2024-25 Season
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Daman Markets, a trading service from Daman Securities, has revealed that it is now the Official Event Partner for the Dubai Racing Club (DRC). This partnership will happen during the 2024-25 racing season.
The signing took place at the Dubai Racing Club at Meydan Racecourse. Samer Mourched, the Chief Executive Officer of Daman Markets, and Ahmed Waheed, the General Manager of Daman Securities, attended the event.
Daman Markets Aims To Expand Global Reach With Dubai Racing Club
The Dubai Racing Club is famous for working with special partners, making this deal important for Daman Markets. This sponsorship shows that Daman Markets wants to connect with big places, like the Dubai Racing Club and Meydan Racecourse. According to Daman Markets, this partnership is a great way to grow and reach more people.
The Dubai World Cup is one of the biggest horse racing events in the world. It takes place in the UAE and draws many top horses, jockeys, and fans from all over. Daman Markets is proud to expand its services from the local level to clients around the globe. The company focuses on providing complete trading services.
Daman Markets is run by Daman Securities LLC, which has been around for more than 20 years. The company has a license from the UAE’s Securities and Commodities Authority. It specializes in Contracts for Difference (CFDs) in many areas, like forex, stocks, indices, commodities, and futures.
Daman Markets Wants To Innovate Racing Ownership With Dubai Racing Club
Ali Al Ali, the Chief Executive Officer of Dubai Racing Club, stated that the firm’s partnership with Daman Markets is a big step forward. He noted that it shows a bright path for their work together.
He explained that the firm wanted to bring something new and special to the market. He added that the partnership aims to give more options to fans and change how people can own part of the racing world. He emphasized the firm’s desire to make it easier and more exciting.
The new partnership may lead to ideas like horse tokenization. This means clients could have new chances to invest in horse racing. As the first local broker to support horse racing, Daman Markets aims to link traditional horse racing with modern finance. The firm hope this will help people connect more with both worlds.
Samer Mourched, the Chief Executive Officer of Daman Markets, shared his excitement about the partnership. He stated that the firm is proud to be the first broker to sponsor this sport in the UAE. He also noted that this sponsorship is a chance to create something special and fun for both fans and traders.
