For the seventh consecutive year, Emaar is Race Sponsor of the US$250,000 Dubai Kahayla Classic for Purebred Arabian horses, one of the key races in the Dubai World Cup roster to be held on March 31, 2007 at the Nad Al Sheba race course.
Apart from the Group One for Purebred Arabians that covers a distance of 2,000 metres on dirt surface, the Dubai World Cup 2007, now in its twelfth edition, will feature five Thoroughbred Group races with prize money totaling US$21.25 million.
"One of the eagerly awaited events in Dubai's social and sports calendar, the Dubai World Cup has contributed immensely to the tourism and sport sectors of the emirate," said Mr Ahmad Al Matrooshi, Managing Director - UAE, Emaar Properties. "Emaar's support to the Dubai World Cup reiterates our involvement in community related initiatives and also builds further on the region's equestrian heritage."
The pioneer of master-planned residential neighbourhoods, Emaar has integrated sports and pastimes such as golf, polo and equestrian events into its lifestyle communities. Emaar's Arabian Ranches, a multi-billion dirham desert-themed residential project, features the Arabian Ranches Golf Course and the Dubai Polo and Equestrian Club.
"The Dubai Polo and Equestrian Club, spread over 68 acres of desert landscape, has played a key role in popularizing events such as polo, show jumping and dressage, horse riding and desert hacking," said Mr Al Matrooshi. "The overwhelming public response to the activities hosted by the club is a testimony to the popularity of equestrian sports in the region."
The Dubai World Cup showcases a range of hospitality options and glamour events, and attracts celebrity guests from around the world.
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Emaar is Dubai Kahayla Classic Race sponsor at Dubai World Cup 2007
- United Arab Emirates: Wednesday, March 28 - 2007 at 15:15
- PRESS RELEASE
Emaar Properties, the Dubai-based property developer with a significant presence in 15 countries world-wide, returns as a Race Sponsor at the prestigious Dubai World Cup 2007, which has established itself as the most international race meet globally.
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About Emaar Properties PJSC:Emaar Properties PJSC is one of the world's largest real estate companies and is rapidly evolving to become a global provider of premier lifestyles. Powered by its Vision 2010 to become one of the most valuable companies in the world, Emaar is charting a new course of growth with a two-pronged strategy of geographical expansion and business segmentation.
Replicating its successful business model in Dubai, Emaar is extending its expertise in creating master-planned communities to international markets. Emaar is also developing new competencies in retail, hospitality and leisure, education, healthcare, finance and industry, which have evolved from its integrated approach to customer service and property development.
Listed on the Dubai Financial Market, part of the Dow Jones Arabia Titans Index and certified to ISO9001:2000 for quality standards, Emaar is developing Burj Dubai, on its way to become the world's tallest tower, and The Dubai Mall, one of the world's largest shopping and entertainment destinations. In Saudi Arabia, Emaar is developing King Abdullah Economic City, the Kingdom's largest private sector project. Emaar's portfolio currently covers the following countries: the UAE, Saudi Arabia, Jordan, Syria, Lebanon, Morocco, Turkey, Egypt, Libya, India, Pakistan, the US and the UK.
A multiple-award winning developer, Emaar has strengthened its product sale competencies, market reach and best practices through strategic acquisitions and joint ventures. Emaar acquired John Laing Homes, America's second largest privately held home builder; Hamptons International, UK's premier real estate company; and formed a joint venture with Turner International to strengthen execution capabilities.
Emaar has joined hands with Giorgio Armani and Accor Hotels to strengthen its presence in hospitality, and will launch ten luxury resorts and hotels world-wide and 100 budget hotels in India. The company is opening educational institutions and healthcare centres in South Asia, Middle East and North Africa and the Subcontinent. Emaar acquired Singapore-based leading education provider, Raffles Campus, to extend expertise to its educational institutions.
Emaar holds 30 per cent equity in Dubai Bank, focused on retail and commercial banking. Emaar is also the largest shareholder in Amlak Finance, UAE's leading Islamic home financing company.
For further information, please contact:
Kelly Home / Nedal Alasaad
ASDA'A Public Relations, Exclusive Affiliate of Edelman PR Worldwide in Middle East & North Africa
Tel: (+971 4) 334 4550;
Fax: (+971 4) 334 4556
Posted by Lara Lynn Golden, News EditorWednesday, March 28 - 2007 at 15:15 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
This article was updated on Sat Jun 09 2007.
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