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Friday, November 13 - 2009

National Bonds to host world-class football teams at the inaugural 'Mohammed Bin Rashid International Football Championship'

  • United Arab Emirates: Thursday, December 14 - 2006 at 16:58
  • PRESS RELEASE

National Bonds Corporation, the pioneer of Shari'a compliant saving schemes in the United Arab Emirates, will host international football clubs at the inaugural 'Mohammed Bin Rashid International Football Championship' held in association with the Dubai Sports Council, from January 8 to 10, 2007 at the Al Ahli Football Stadium, Dubai.

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  • Nasser Al-Shaikh, Vice Chairman and CEO of National Bonds with representatives of international clubs participating in the Dubai Cup during the press conference held in Munich.
    Nasser Al-Shaikh, Vice Chairman and CEO of National Bonds with representatives of international clubs participating in the Dubai Cup during the press conference held in Munich.
Mohammed Bin Rashid International Football Championship, with a prize fund of US$2 million, will be an annual event that would showcase global football talent for football lovers in the UAE.

The inaugural Mohammed Bin Rashid International Football Championship was announced to the international media at a special ceremony held at Bayern Munich's arena in the presence of German football legend Karl-Heinz Rummenigge, and representatives of international football giants Bayern Munich (Germany), Benfica (Portugal), SS Lazio (Italy) and Santos (Brazil) - the four teams that have confirmed participation at the tournament.

Mohammed Bin Rashid International Football Championship will be part of Dubai's shopping and entertainment extravaganza, the Dubai Shopping Festival, and will be telecast on international television channels. The four teams will play two semi-finals on January 8 followed by the final and third-place match on January 10 at the championship, which is billed to be one of the finest football spectacles to be ever held in the UAE.

"Football is the most popular sport on earth and by rolling out the inaugural Mohammed Bin Rashid International Football Championship, we are reiterating our commitment to our valued clientele - the large population of UAE residents," said Mr Nasser Bin Hassan Al-Shaikh, Vice Chairman and CEO, National Bonds Corporation. "We are bringing in the best names in international football and aim to offer our patrons here the true excitement of a global sporting event."

The games will be played according to the rules laid out by the Fédération Internationale de Football Association (FIFA). The matches will be held on January 8 and 10 at the revamped Al Ahli Football Stadium. "We will ensure that the matches are played entirely according to world-class standards. We will have international referees and line-staff and all amenities at the ground will match global requirements," added Mr Al-Shaikh.

Mr. Rummenigge, from Bayern Munich said, "We are very proud to participate in this fantastic tournament in Dubai. We are once again coming back to our second home, as we have a lot of friends in Dubai and we always enjoy a fantastic and successful stay in this exciting city."

Mr. Mazrco Canigiani, Marketing Director of SS Lazio said, "We are very pleased to be invited to Dubai. We would like to give our best in this high class championship, and we expect a lot of good play for the enjoyment of our supporters in Dubai."

Mr. Coelho, General Secretary, from Benfica said, "We would like to give a very warm welcome from our national football hero, E. Eusebio, and the team of Benfica. We are proud and happy to come to Dubai in January and participate at the Mohammed Bin Rashid Football Championship. We are certain that people in Dubai will see exciting matches between Lazio, Santos Bayern Munich and Benfica."

The president of Santos, Mr. Marcelo Texeira, said, "We are very excited about playing in Dubai. This would give us the opportunity to get prepared for the Brazilian tournament by facing the biggest clubs in the World."
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Notes and media contacts

For further information, please contact:

Lina Anani/ Sami Al Shorafa
ASDA'A Public Relations
Tel: +971-4-3344550,
Fax: +971-4-3344556


About National Bonds:
National Bonds is the National Saving Scheme of the UAE that provides UAE nationals, UAE residents and non-residents over the age of 16 with a credible and safe savings opportunity. Each bond costs AED 10, with a minimum purchase of AED 100; bonds are available in over 150 outlets across the UAE. National Bonds offers all participants the opportunity to win up to one million dirhams in monthly draws. The program is based on the Islamic principle of Mudaraba, whereby at the end of the financial year 20 per cent of the profits made by the National Bonds Corporation (NBC) will be distributed among bondholders.

About National Bonds Corporation:
A private shareholding company, National Bonds Corporation is a Dubai-based entity with local shareholders comprising Dubai Bank, Dubai Holding and Emaar Properties. Overseen by the UAE Central Bank, National Bonds Corporation is subject to the same regulatory procedures as those applicable to other financial institutions in the country. Licensed to operate throughout the UAE, National Bonds Corporation is Shari'a compliant, with a dedicated Shari'a Board to oversee all financial aspects including product-related operations and investments. The Shari'a Board is chaired by Dr. Hussain Hamid Hassan, a leading Shari'a scholar who is currently presiding the Fatwa and Shari'a Supervision Boards of most Islamic financial institutions in the United Arab Emirates, and many abroad.

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