Equiti Group Announces Sleeve Sponsorship of Abu Dhabi’s Al Wahda FC

Thursday, 15/08/2024 | 12:59 GMT by Jared Kirui
  • The partnership includes on-ground events and community engagement.
  • This sponsorship is reportedly part of Equiti Group’s broader marketing strategy, which aims to expand its reach through various services.
Equiti

Global fintech group Equiti has announced its sponsorship of Abu Dhabi’s Al Wahda Football Club. According to a statement by the company today (Thursday), Equiti will become the club’s sleeve sponsor in a deal that features on-ground events.

Sponsorship Beyond the Pitch

Commenting about the partnership, Mohammed AlAhmad Ketmawi, Equiti Group’s Co-founder and Chief Managing Director, said: “Al Wahda Football Club has been at the heart of Abu Dhabi’s community for decades, bringing people together through their love for the sport.”

“We are honored to partner with a club that shares our commitment to excellence. This partnership will allow us to connect with fans in a meaningful way, support local events, and share triumphs that extend beyond the game.” On the social media platform X, Equiti has more than 3,000 followers, while Al Wahda has more than 60,000.

Besides the sponsorship deal, Equiti aims to actively engage with the Abu Dhabi community through a series of on-ground events and exclusive VIP experiences. The company mentioned that through such initiatives, it will support the team by fostering connections within the local community.

This sponsorship comes as part of Equiti Group’s broader marketing efforts, which have intensified over the past year. The fintech company is focused on expanding its reach by offering a variety of services, including online trading , physical commodities, payment services, and digital asset solutions.

Supporting Local Talent

Al Wahda Football Club is Abu Dhabi’s notable brand in the sports scene. Founded in 2013 under the directives of H.H. Sheikh Theyab Bin Zayed Al Nahyan, the club competes at local, continental, and international levels. With Equiti’s support, Al Wahda expects to continue its journey towards excellence, both on and off the field.

Last month, Equiti Capital UK Limited, the FCA-regulated arm of Equiti Group, released its financial report for 2023. The company highlighted an increase in trading revenue and operating profit. However, the firm’s total income was more than 30% lower than the preceding year.

Trading revenue surpassed $31 million in the period, jumping several percentage points from the $30.5 million registered in the previous year. Additionally, operational profit was $1.9 million, a marginal increase compared to the previous year.

Global fintech group Equiti has announced its sponsorship of Abu Dhabi’s Al Wahda Football Club. According to a statement by the company today (Thursday), Equiti will become the club’s sleeve sponsor in a deal that features on-ground events.

Sponsorship Beyond the Pitch

Commenting about the partnership, Mohammed AlAhmad Ketmawi, Equiti Group’s Co-founder and Chief Managing Director, said: “Al Wahda Football Club has been at the heart of Abu Dhabi’s community for decades, bringing people together through their love for the sport.”

“We are honored to partner with a club that shares our commitment to excellence. This partnership will allow us to connect with fans in a meaningful way, support local events, and share triumphs that extend beyond the game.” On the social media platform X, Equiti has more than 3,000 followers, while Al Wahda has more than 60,000.

Besides the sponsorship deal, Equiti aims to actively engage with the Abu Dhabi community through a series of on-ground events and exclusive VIP experiences. The company mentioned that through such initiatives, it will support the team by fostering connections within the local community.

This sponsorship comes as part of Equiti Group’s broader marketing efforts, which have intensified over the past year. The fintech company is focused on expanding its reach by offering a variety of services, including online trading , physical commodities, payment services, and digital asset solutions.

Supporting Local Talent

Al Wahda Football Club is Abu Dhabi’s notable brand in the sports scene. Founded in 2013 under the directives of H.H. Sheikh Theyab Bin Zayed Al Nahyan, the club competes at local, continental, and international levels. With Equiti’s support, Al Wahda expects to continue its journey towards excellence, both on and off the field.

Last month, Equiti Capital UK Limited, the FCA-regulated arm of Equiti Group, released its financial report for 2023. The company highlighted an increase in trading revenue and operating profit. However, the firm’s total income was more than 30% lower than the preceding year.

Trading revenue surpassed $31 million in the period, jumping several percentage points from the $30.5 million registered in the previous year. Additionally, operational profit was $1.9 million, a marginal increase compared to the previous year.

About the Author: Jared Kirui
Jared Kirui
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About the Author: Jared Kirui
Jared is an experienced financial journalist passionate about all things forex and CFDs.
  • 1370 Articles
  • 17 Followers

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