Sharjah forum highlights sports investment's economic impact

emirates7 - The Arab Forum for Financing and Investment in the Sports Sector began on Monday at the Pullman Hotel in Sharjah. Organized jointly by the Arab Administrative Development Organisation and the Sharjah Sports Council, the event aims to explore the opportunities and challenges related to sports investment, as well as strategies to enhance financing and investment in the sports industry.

Running until Wednesday, the forum highlights the crucial role of sports investment in promoting economic growth.

Among those present at the opening session were Hamad Ali Al Mahmoud, representing the Deputy Ruler of Sharjah and Chairman of the Sharjah Economic Development Department; Issa Hilal Al-Hazami, Chairman of the Sharjah Sports Council; Abdulmalik Jani, Vice Chairman of the Council, along with board members, students, sports federation and club representatives, and council managers.

Al-Hazami emphasized the importance of Sharjah hosting the forum and the connection between sports and the economy through finance and investment. He reaffirmed the Council’s dedication to fulfilling the vision of H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, who sees sports as integral to human development.

The forum focuses on five key themes, with the first day covering topics such as sports investment and marketing, service providers in sports investment, global sports legislation, and arbitration in sports investment.