The partnership is expected to create more opportunities for boxers, coaches, and the wider boxing community in the UAE.
The UAE Boxing Federation has signed a new sponsorship agreement with Daman Markets, marking a partnership aimed at strengthening the development of Olympic-style boxing across the country. The collaboration is expected to support athletes, coaches, competitions, and grassroots initiatives while promoting the continued growth of the sport in the UAE.
The agreement was officially signed during a ceremony held in Dubai on June 29, 2026.
Partnership Aims to Strengthen Boxing in the UAE
Daman Markets, a UAE-based online financial services provider, has become the official sponsor of the UAE Boxing Federation, the national governing body responsible for overseeing Olympic-style boxing in the country.
According to the company, the partnership is designed to contribute to the long-term development of boxing by creating more opportunities for athletes, coaches, and the wider boxing community.
The sponsorship also reflects growing private-sector support for sports development as the UAE continues investing in talent identification and international sporting success.
Focus on Athletes, Coaches, and Community
As part of the agreement, Daman Markets will support initiatives that help strengthen boxing at multiple levels, from grassroots participation to elite competition.
The partnership aims to benefit not only professional and amateur boxers but also coaches, trainers, and community programs that encourage greater participation in the sport.
By backing the federation, the company hopes to contribute to building a stronger pathway for future boxing talent across the UAE.
Shared Values Behind the Partnership
Speaking after the signing ceremony, Daman Markets CEO Samer Mourched said the partnership is built around values that both organizations believe are essential for long-term success.
“Boxing has always commanded respect because you cannot shortcut it. The preparation, the focus, the willingness to keep going, these are human values as much as they are sporting ones,” he said.
Mourched added that those same principles guide the company’s approach to business.
“These values sit at the heart of what we do at Daman Markets, and we are proud to stand behind UAE boxing and to invest in the athletes, coaches, and communities that are building the future of this sport.”
Role of the UAE Boxing Federation
The UAE Boxing Federation oversees the development and regulation of Olympic-style boxing across the country.
Its responsibilities include organizing national championships, developing athletes and coaches, promoting grassroots participation, and managing the UAE’s representation at regional and international boxing competitions.
Through partnerships such as this, the federation aims to expand opportunities for local talent while strengthening the country’s presence in international boxing.
Growing Support for Sports Development
The agreement reflects a broader trend of increasing collaboration between private companies and national sports organizations in the UAE.
Corporate sponsorships continue to play an important role in helping federations invest in athlete development, coaching programs, competitions, and community engagement.
With additional financial and institutional support, the UAE Boxing Federation expects to further strengthen its development programs and create more opportunities for the next generation of boxers as the sport continues to grow across the country.
Source: Entrepreneurs
Image courtesy of Daman Markets
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