Abu Dhabi state-owned sovereign wealth fund Mubadala Investment Company has become the sponsor of the UAE Team Emirates, the country’s professional cycling champions.
The team races for and represents the UAE on the World Tour, competing in some of the biggest races across the globe including the UAE Tour which is taking place in the Emirates at the end of February. Last year, the team secured the biggest recognition in world cycling the ‘Tour de France’, placing the country at the top in the sports’ world.
With the current sponsorship for the UAE Team Emirates, the sovereign wealth fund shows its commitment to the nation and demonstrates its continued support of sports within the community to help to inspire and promote a healthy lifestyle. It also highlights the importance of physical activity as part of overall wellness and wellbeing.
Mauro Gianetti CEO & Team Principal UAE Team Emirate
“We are very happy to announce our partnership with Mubadala. Mubadala has done great work for local communities and invested in the local sport with the aim of encouraging a healthy, balanced lifestyle. These messages are a key part of what the UAE Team Emirates project is about. The UAE Team Emirates is a team that has a global presence and competes all over the world and we are very lucky to count on the support of Mubadala in growing our global project.”
Commenting on the sponsorship, Homaid Al Shimmari, Deputy Group CEO, Chief Corporate & Human Capital Officer at Mubadala stated, “We are proud to partner with the UAE Team Emirates and actively support sports and activities that have a positive impact on the local community. With this alliance, we seek to inspire the next generation of athletes to become role model ambassadors for the nation.”
