Daman Markets, the designated name for forex and CFD trading services by Daman Securities, is proud to announce its prestigious new sponsorship as an Official Event Partner for the Dubai Racing Club (DRC) during the 2024-25 racing season.
The official contract signing took place at the Dubai Racing Club at Meydan Racecourse, in the presence of Samer Mourched, CEO of Daman Markets, and Ahmed Waheed, General Manager of Daman Securities.
Known for its exclusivity, the Dubai Racing Club is renowned as a rare venue to access in terms of partnerships, making this collaboration a significant milestone for Daman Markets.
This partnership highlights Daman Markets’ commitment to excellence, aligning with the world-class standing of the Dubai Racing Club and the iconic Meydan Racecourse.
The Dubai World Cup, organized by the Dubai Racing Club, is one of the most prestigious global horse racing events held here in the UAE, attracting top competitors and spectators from around the world. Similarly, Daman Markets has grown from its solid local foundation to become a leading global player, serving clients both locally and internationally with world-class trading services.
Samer Mourched, CEO of Daman Markets, commented: “We are honored to be the first broker to sponsor this sport in the UAE. Horse racing is deeply rooted in the country’s 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.”
HE Ali Al Ali, CEO of Dubai Racing Club, remarked: “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. This partnership not only aims to broaden our product offerings but also seeks to redefine how ownership in the racing industry can be experienced, making it more accessible and innovative.”
The sponsorship also opens the possibility of exploring horse tokenization, potentially offering clients new ways to engage with the sport and blend the traditions of horse racing with innovative investment opportunities—bringing the two industries closer together.
As the first local broker to enter the horse racing world as a sponsor, Daman Markets is setting a new standard by embracing a sport deeply rooted in the UAE’s local culture and traditions.
Rather than pursuing numerous sponsorships across multiple crowded venues, Daman Markets has strategically invested in this exclusive partnership, focusing its resources where it matters most—on client success.
This collaboration allows Daman Markets to further elevate the world-class trading experience it offers, supported by advanced tools and client education. Sponsoring the Dubai Racing Club highlight’s their commitment to the region while reaching traders on a global scale.
Daman Markets by Daman Securities is the designated name for forex and CFD trading services provided by Daman Securities LLC, a leading UAE financial institution with over 20 years of experience and licensed by the UAE’s Securities and Commodities Authority. Daman Markets specializes in CFDs across forex, stocks, indices, commodities, and futures. Focused on serving the region’s growing forex trading community, Daman Markets benefits from its strong ties to Daman Securities, providing deep industry knowledge and a strategic growth approach. Committed to offering clients exceptional value, security, and expert insights, Daman Markets positions itself as one of the strongest players in the market.
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