Page 11 - GAS PR REPORT - October 2022

Press Release

as a major player in the sports world, and we are constantly looking forward to forging new paths
to strengthen our collaboration in the field of sports. This is to foster the growth of the industry in
both the nations as well as inspire investors to see the sports sector as a promising area for
investments.”

Both parties discussed several ways to build on the previously signed Memorandum of
Understanding (MoU) between both nations in the areas of enhancing cooperation to develop
sports facilities and institutions, exchanging expertise in sports to develop sports talents, and

exchanging institutional sports investment experiences between the two nations. In addition to
fostering more collaboration in the area of sports medicine, the MoU further encourages investors
in both countries to make investments in the industry, as well as develop sports facilities.

The General Authority of Sports strives to boost and strengthen its international collaborations, in
order to accomplish the objectives of the UAE Sports Sector Strategy 2032. In addition to
improving the administrative work in all institutions within the sports sector, these objective for
the UAE Sports Sector Strategy 2032 encompasses developing talents and boosting opportunities
to achieve more continental and international achievements, strengthening governance, and
training future sports leaders.

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