Mubadala Investment Company, an Abu Dhabi-based sovereign investor, has announced its sponsorship of UAE Team Emirates, the nation's professional cycling champions.
The team races for and represents the UAE, competing in some of the biggest global races including the UAE Tour which is taking place across the Emirates at the end of February.
In 2020 the team claimed the main prize in world cycling, the Tour de France, positioning the country at the top of the sport.
Mubadala’s sponsorship of UAE Team Emirates demonstrates its continued support of sports within the community to help inspire and promote a healthy lifestyle.
It also highlights the importance of physical activity as part of overall wellness and wellbeing. The team were recently in the UAE for a training camp ahead of the 2021 cycling season, and became the first group of elite athletes in Abu Dhabi to get vaccinated against the COVID-19 virus.
Commenting on the sponsorship, Homaid Al Shimmari, Deputy Group CEO, Chief Corporate and Human Capital Officer at Mubadala, said: "We are proud to partner with UAE Team Emirates and actively support sports and activities that have a positive impact on the local community. With this alliance, we seek to inspire the next generation of athletes to become role model ambassadors for the nation."
UAE Team Emirate’s CEO and Team Principal, Mauro Gianetti, said: "Mubadala has done great work for local communities and invested in local sport with the aim to encouraged healthy, balanced lifestyle. These messages are a key part of what the UAE Team Emirates project is about. This month we were fortunate to receive the COVID-19 vaccine. The day after receiving the vaccines our riders were already back training and being active. The vaccine is an important step because now they are feeling safer and more protected while they train and compete."