RAK Ceramics to be the main sponsor of Emirates Club

RAK Ceramics, one of the largest ceramics brands in the world, unveiled its new main sponsorship deal with Emirates Club, the Ras Al Khaimah-based UAE football club. The announcement follows hot on the heels of the recent signing of the Spanish football legend Andres Iniesta by the club.In the upcoming ADNOC UAE Pro League, RAK Ceramics will play a pivotal role in elevating the club's new venture on the global stage as the most renowned brand from the Emirate of Ras Al Khaimah. Providing further support, RAK Ceramics aims to highlight the new chapter in the illustrious career of one of football's all-time greatest midfielders, Andres Iniesta.Iniesta's track record includes nine LaLiga titles, four Champions League triumphs with Barcelona, and the unforgettable World Cup-winning goal for the Spanish National team. His move to Emirates Club further ups the tempo in the UAE Pro League amid an upsurge in international football talent acquisition across the region, and will make for an exhilarating season.Iniesta and his Emirates Club team members proudly donned their RAK Ceramics-sponsored jerseys during their recent ADNOC Pro League match, with their next match set for Friday, 25 August.  Abdallah Massaad, Group CEO of RAK Ceramics commented on the partnership: “Football is more than a game; it's a global language that resonates with billions. Our partnership with Emirates Club, particularly during this vibrant phase of their journey, confirms RAK Ceramics' commitment to promoting the talent, enhancing the country’s excellence and taking up new challenges every day. As we embark on this exciting venture, we look forward to celebrating shared victories both on and off the pitch.”Yousef Abdullah Al Batran, Chairman of Emirates Club, said: “We are thrilled to collaborate with a renowned brand like RAK Ceramics. Their commitment to excellence mirrors our ambition on the pitch. With the arrival of a football legend like Iniesta, this partnership couldn't have come at a better time. The future looks bright for Emirates Club as we chart a path towards a new era of success for the team.”

Mohamed Al Hashimi appointed as Eshraq CEO

Abu Dhabi: Eshraq Investments PJSC (“Eshraq” or “Company”) welcomed today Mohamed Al Hashimi as its new chief executive officer with the aim of leading the company in its new phase of expansion and development.With more than 20 years of experience, Al Hashimi joins Eshraq following his role as chief financial officer (CFO) of ADNOC LNG. An expert in financial strategy and performance, Mr. Al Hashimi was previously the CFO and prior to that the COO of ADNOC Distribution and closely involved with the company’s IPO and subsequent investor engagement. Eshraq’s new CEO comes with a strong background in business, operations, and investment management, equipped with a bachelor’s degree from Ohio State University and a post Graduate Degree with a focus on business admin and finance from Harvard University.The appointment follows Eshraq’s Q2 financial results with the Company marking a strong turnaround in performance and notable increases in total operating income and net profit. Eshraq posted AED 35.99 million profit in the second quarter of this year. Total operating income showed a remarkable surge, increasing by 2,446.7% to reach total operating income of AED 44.31 million from total operating loss of AED 1.89 million in Q2 2022. The Company continues to progress its land monetization and share buyback programs respectively, while delivering solid returns for its shareholders.“We are pleased to welcome Mohamed Al Hashimi, a critical hire to steer Eshraq in its next phase of growth and expansion,” said Jassim Alseddiqi, Chairman of Eshraq Investments. “Given his strong track record of investor engagement strategy, Al Hashimi is a strong asset in our ambitious aspirations of becoming the market leader in high-quality, profitable investments. I look forward to working with him to deliver excellence and supporting the innovation and advancement we have planned for the next upcoming years.”Mohamed Al Hashimi, CEO, Eshraq Investments, said: “I am honored to be at the helm of a company that is committed to delivering innovative opportunities and accretive returns to its investors. I look forward to working closely with the Chairman and Board as we shape Eshraq’s growth trajectory. Following a consistent approach to diversification, the Company is poised to leverage lucrative opportunities in the buoyant regional economy, and I am confident that we will continue to deliver for our shareholders.”

UAE Pro League board reviews preparations for UAE Super Cup

The UAE Pro League's board of directors held a meeting to review preparations for the 15th edition of the UAE Super Cup, which is set to take place on February 25th at Al Maktoum Stadium.The meeting was chaired by the UAE Pro League Chairman Abdulla Naser Al Jneibi and attended by Vice President Jamal Hamed Al Marri and board members Mohammed Obaid Al Yamahi, Hassan Taleb Al Marri, Tariq Ali Al Shabibi, Saeed Obaid Al Kaabi, and Jawaher Abdulaziz Al Suwaidi, as well as the UAE Pro League's Chief Executive Officer Waleed Ibrahim Al Hosani, Business Development Consultant Dr. Khalid Mohammed Abdullah, and directors of the UAE Pro League's various departments.The match will feature ADNOC Pro League's titleholders Al Ain and the champions of the UAE President's Cup, Sharjah.The board directed the organising team to enhance marketing and promotional efforts for the event and also discussed initiatives to increase fan attendance during the current sports season.They also reviewed progress reports, executive management reports, and updates on projects and initiatives being undertaken by the UAE Pro League to upgrade the professional football system in all aspects, including technical and administrative.