The three-year renewable agreement was signed by QREC CEO Nasser bin Sherida Al Kaabi and Al Sulaiti Holding Chairman Dr. Ahmed Al Sulaiti.
DOHA: In an effort to transform the Qatar Racing and Equestrian Club (QREC) into an attractive destination for visitors, the QREC management, led by QREC Chairman Issa bin Mohammed Al Mohannadi has signed an agreement with Al Sulaiti Holding.
The agreement is meant to promote horseracing, maximise racegoer turnout in race meetings throughout the season and serve the community and in particular the equestrian community.
Under the agreement, Al Sulaiti Holding will use the shops existing at QREC to serve as an open market serving customers throughout the week and not only on race days.
Such shops will offer a wide range of services, including products and entertainment for children and families.
The three-year renewable agreement was signed in presence of QREC CEO Nasser bin Sherida Al Kaabi and Al Sulaiti Holding Chairman Dr Ahmed Al Sulaiti.
QREC Chairman Al Mohannadi shed light on the agreement: “The main purpose of the agreement is to transform QREC into an attraction for visitors to be added to the other attractive destinations in Qatar”, he said.
“This will maximise racegoer turnout and promote the equestrian culture and horseracing in particular. It is not the first effort in this field as we have already made other efforts to this end by operating some shops at QREC," he added.
"Such shops will attract many horse fans, not only on race days, but also throughout the week as they will be interested in the services available at QREC as an organisation of a special nature.
"In addition, families and children will have the opportunity to enjoy the events and associated ambience."
“The presence of children and their interest to attend the events will definitely foster their association with QREC. No doubt this agreement will be key in achieving equestrian sustainability at QREC through the diversification and enhancement of outcome in line with the QREC management’s objectives and aspirations," said Al Mohannadi,
Al Sulaiti Holding Chairman Dr. Ahmed said: “We have a certain area at QREC and it will be invested in shops after having obtained the approval of the competent authorities so that all licences will be valid and in accordance with the regulations in effect."
"We are interested in attracting the public throughout the week by providing a wide range of services and the events of interest for both families and children. Accordingly, the scale of activities at QREC will be large, which will be in favour of good investment. There will be shops and cafés and, being at QREC, there will be special emphasis on horse equipment shops,” he added.
