“United Holdings” Keen on “Dubai World Cup”
“Zabeel Racing International Corporation” Ready for the Challenge
The Dubai World Cup 2008 will take place on March 29th 2008 under the patronage of HH. Sheikh Mohammad bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai. The Cup which consists of 7 races will enjoy a prize value estimated at AED 80 million.
Few days before the prestigious event kicks off, United Holdings looks forward to the challenge; as a matter of fact, the company will be competing through its sponsorship of Zabeel Racing International Corporation (ZRIC), led by HH. Sheikh Rashid bin Mohammad Al Maktoum and which is considered as one of the leading horserace teams in the world.
According to critics, ZRIC enjoys all it takes to clinch the title due to the many converging factors such as the horses breed quality, the jockeys’ expertise and the efforts of the team’s management and instructors; these factors will certainly make ZRIC a fierce competitor.
Commenting on the Dubai World Cup, Abbas Kiani, CEO of United Holdings said, “Dubai World Cup is one of the most prestigious horserace championships in the world and is undoubtedly the richest in terms of prizes value. We take great pride in our sponsorship of Zabeel Racing International Corporation, as it incarnates our commitment to preserve our authentic Arabian heritage and to promote sports in general.”
It is to mention that since its inception, United Holdings has been an active player in sports across the UAE; it has recently supported various local sport events such as the Dubai International Basketball Championship the title of which was clinched by Lebanese Al Riyadhi.
United Holdings is one of the leading investment companies in the UAE with a rich business portfolio. The company has recently launched its strategic program by virtue of which it will be investing AED 19.8 billion in various economic sectors, especially real estate. Some of its largest investments include projects in the three Palms, the Burj Dubai Down Town, the Dubai Water Front and other developments on Sheikh Zayed Road and others premium locations. The company is also seeking to diversify its portfolio towards other promising sectors such as infrastructure, telecommunications, hospitality and others.
Al Bawaba
