PHOTO
ABU DHABI (UAE) – Mubadala Investment Company (Mubadala), announced today the signing of an agreement with the UAE Disabled Sports Federation (UAEDSF) to sponsor the UAE Paralympian team until 2021.
Eighteen Paralympians represented the UAE at Rio 2016 Paralympian Games and won a total of seven medals, beating their previous record of four medals in Athens. As part of the sponsorship, Mubadala and UAEDSF will work together to support the UAE Paralympian team in local and international sports tournaments and workshops including the upcoming Tokyo 2020 Paralympic Games, which will be held from 25 August to 6 September 2020.
Homaid Al Shimmari, Deputy Group CEO and Chief Corporate & Human Capital Officer at Mubadala said, “Mubadala is dedicated to supporting initiatives which encourage all members of UAE society to positively contribute to the achievements of our nation. Our motivation comes from athletes themselves who continually inspire us, and who have conquered adversity through their determination to achieve excellence in their sports. The UAEDSF has been pivotal in breaking down barriers and our partnership gives us a unique opportunity to evolve the conversation towards acceptance and creating an inclusive society that enables people with determination to realize their full potential.”
Mohamed Fadil Al Hamli, Chairman of the UAE Disabled Sports Federation (UAEDSF), praised Mubadala’s initiative in support of the UAE athletes with determination. “Through our joint efforts, we will do everything in our capacity to enable UAE athletes with determination to realize their full potential and shine in local and international competitions,” he said.
Al Hamli called on all national companies to line up in support of the UAEDSF’s activities and the UAE Paralympian team who have made impressive accomplishments at the Paralympics.
In 2016, Mubadala signed an MoU with the UAE Disabled Sports Federation to expand and strengthen Mubadala’s community outreach program. The MoU encompassed cooperation on the participation of athletes with determination at school events in the UAE, aimed at familiarizing students with their capabilities, ultimately encouraging the values of inclusions and empowerment.
-Ends-
About Mubadala Investment Company
Mubadala actively manages a worldwide portfolio supporting the vision of a globally integrated and diversified economy, through sustainable returns to its shareholder, the Government of Abu Dhabi.
Mubadala’s $127bn portfolio spans four continents with a focus on aerospace, ICT, semiconductors, metals and mining, renewable energy, oil and gas, petrochemicals, utilities, healthcare, real estate, defense services, pharma and medtech, agribusiness and a global portfolio of financial holdings.
Mubadala is a trusted partner, an engaged shareholder and a responsible global company that is committed to ethics and world-class standards.
Press Contacts:
Arvin Rivera
Tel: 050 662 0301
Email: arvin.rivera@edelman.com
Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
