Page 12 - GAS PR REPORT - December 2022_Neat

Press Release

General Authority of Sports and Knowledge Fund

Establishment to support talent development in sports

United Arab Emirates, 05 December 2022 – The General Authority of Sports (GAS) has signed
a Memorandum of Understanding (MoU) with the Knowledge Fund Establishment (KFE) to
strengthen cooperation through utilizing some KFE’s educational assets for training and
development of local sports talent to prepare them for future participation in national teams.

The MoU was signed in the presence of His Excellency Sheikh Suhail bin Butti Al Maktoum,
Executive Director of the Sports Development Sector - GAS, and His Excellency Abdullah
Mohammed Al Awar, CEO - KFE, at GAS’s headquarters in Dubai.

The MoU aims at enhancing cooperation and exchanging expertise between the two parties in
accordance with GAS’s principles of governance, partnership, and achievement. His Excellency

Sheikh Suhail bin Butti Al Maktoum said: “In accordance with the ‘Principles of the 50’ intended
to enhance investments in human capital and skill development, GAS aims at expanding the
infrastructure of sports facilities to create the optimal environment for athletes and national teams.
We will strive to further develop sports facilities to meet future needs required to develop local
talents and support national teams.”

The MoU further encourages institutional communication, promotes athletic participation in the
education sector, and provides required assistance to develop future initiatives. His Excellency

Abdullah Mohammed Al Awar, CEO - KFE, said: “We are committed to strengthening
government integration and launching strategic partnerships between federal and local government
entities to support the youth in many areas including sports development. By launching initiatives
that further our shared objectives, we look forward to expanding our cooperation with GAS, and
attracting and nurturing sports talents in Dubai.”

Some of KFE’s educational assets have hosted numerous sports tournaments and other sporting
events. Under this MoU, a KFE educational asset will be one of the facilities offered by GAS to