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•  Demonstrates support for UAE team led by Dubai Crown Prince

Deyaar Development, the region’s fastest growing real estate company, announced today its title sponsorship of the International Equestrian Federation (FEI) World Endurance Championship, set to take place in Terengganu, Malaysia, from November 6-9, 2008. The UAE will be represented in this highlight of the global equestrian calendar by a six-strong team led by Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, and Sheikh Majid Bin Mohammed Bin Rashid Al Maktoum, Chairman of the Dubai Culture and Arts Authority. 
 
Earlier this year, His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, personally led the UAE team to victory at the Austin Park Endurance Race in London, qualifying the national team to participate in next month’s World Endurance Championship.
 
“We are very pleased to sponsor this landmark equestrian event and, in particular, to demonstrate our support for the UAE team as they prepare to compete in this test of strength and courage,” said His Excellency Nasser Bin Hassan Al-Shaikh, Director-General of the Dubai Department of Finance and Chairman of Deyaar. “The UAE has a long and proud association with the sport of horse racing, including earning gold medals at the most recent Asian and Pan-Arab Games. We wish the team great success at the championship in Malaysia.”
 
The FEI World Endurance Championship, held once every two years, is an extremely challenging event, covering 160 kilometres of terrain along the coast of the South China Sea. Held for the first time in Malaysia, the race will feature 142 riders from 34 countries, including stalwarts such as France, Brazil, Portugal, Argentina and Spain.
 
“Just as the UAE continues to play an increasingly prominent role in the global economic arena, so too is the country taking on a leadership position in the world of sport, especially horse racing,” said Markus Giebel, Chief Executive Officer of Deyaar, said: “At the same time, economic and trade relations between this country and Malaysia continue to strengthen, including in sectors such as real estate, finance and tourism.
 
“For all of us at Deyaar, it clearly made sense to sponsor the FEI World Endurance Championship, a wonderful sporting event that demands teamwork, trust and a shared commitment to excellence. In choosing to sponsor this event and offer our support to the UAE team, we also noted that those are the very same values that continue to make Deyaar itself such a success,” Giebel concluded.
 

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