Doha: The Social and Sport Contribution Fund (DAAM) has announced a new funding agreement with the Ministry of Sports and Youth to support the sixth edition of the Samla Race 2024.
The partnership will cover the organization of the event and prizes exceeding QR 3 million for participants.
The agreement highlights the crucial role and lasting impact of the companies listed on the Qatar Stock Exchange, whose collaboration with DAAM drives significant sports and developmental initiatives in line with Qatar National Vision 2030.
The race will be held from December 5 to 7, covering a distance of 200 kilometers and featuring swimming, running, shooting, kayaking, and mountain biking. This years edition is expected to attract record participation.
Commenting on the funding agreement, Director of Programs at DAAM Hassan Yousef Al Obaidly said, “The Fund’s support for the sixth edition of the Samla Race continues the success of previous editions. We are proud to continue our support for the race, which has played
a crucial role in promoting endurance sports locally, attracting a large number of youth. This aligns with our strategy to enhance and promote sports culture in line with Qatar National Vision 2030.” In turn, Samla Race Organising Committee CEO Azzam Al Mannai stated, “We are thrilled to announce the signing of the funding agreement for Samla Race 2024 and to continue receiving support from DAAM. We extend our sincere gratitude to them for their trust in the Samla Race’s significant role in enriching the local sports calendar and engaging a large number of Qatari youth, igniting their passion for endurance sports. As the organizing committee, we promise the sports community and participants an exceptional and exciting edition this year that will elevate the level for challenge and competition.” Since its inception in 2010, the Social and Sport Contribution Fund (DAAM)) has initiated numerous crucial projects and programs across social, sports, and cultural sectors. Contributions from shareholding companies li
sted on the Qatar Stock Exchange are a major financial resource for the Fund, positioning them as crucial partners in advancing sustainable community.
Source: Qatar News Agency