The Qatar Racing and Equestrian Club (QREC) and QNB, the largest financial institution in the Middle East and Africa, have signed an agreement for the sponsorship of the His Highness The Amir Sword Festival, which will be held at Al Rayyan Park from Thursday till Saturday.
The remarkable Festival will witness widespread local and international participation of outstanding racehorses from highly regarded trainers.
Following the outstanding success of last year’s edition of Qatar’s flagship horseracing event, the partnership between QNB and QREC continues.
Commenting on the signing of this agreement and QNB’s support, QREC Chairman HE Issa bin Mohamed al-Mohannadi said, “The His Highness The Amir Sword Festival is taking place in completely different conditions this year compared to any previous edition due to the Covid-19 pandemic, which has left its mark on almost all fields worldwide. QREC and QNB will continue their collaboration to add to the success of the Festival, which is the most prestigious event throughout the QREC’s season.
“I take this opportunity to thank the leadership of QNB for their continued support of QREC and the Festival, and their keenness to be the official sponsor for the second year in a row in these difficult times. In fact, such support and proactivity from QNB management’s side is natural given their leading role in supporting sports in general and especially sports closely associated with Qatar’s culture and heritage.
“QREC will spare no effort in maximising this cooperation with QNB, especially as the association of QNB’s name with the Festival will be in favour of both parties. This cooperation and partnership will boost the profile of the Festival internationally and will grow over the years.”
QNB Public Relations Assistant General Manager Salem al-Naimi said, “QNB's sponsorship of the His Highness The Amir Sword Festival is aimed to further enhance our partnership with the Qatar Racing and Equestrian Club, and it also reflects the Group’s keenness to support this deep-rooted traditional sport. We are keen to deliver an exceptional edition of this event despite the Covid-19 pandemic-related challenges.”
He added, "Our sponsorship of this event confirms our keenness to sponsor sporting events at the local and international levels as part of the Bank's social responsibility programs, with sport considered a key pillar."
