Business Jun 30, 2026

Daman Markets Becomes Official Sponsor of UAE Boxing…

Key Facts

  • Daman Markets has signed an official sponsorship partnership with the UAE Boxing Federation, formalised at a signing ceremony in Dubai on 29 June 2026.
  • The deal commits Daman Markets to supporting the growth of UAE boxing, including its athletes, coaches and federations.
  • Daman Markets frames the partnership around shared values between trading and boxing: discipline, preparation, risk management and decision-making under pressure.
  • Quoted on the partnership is Samer Mourched, CEO of Daman Markets.
  • Daman Markets is the online CFD and FX trading arm of Daman Securities LLC, regulated in the UAE, and has previously sponsored the Dubai Racing Club and the 1000 Miglia Experience UAE.

Daman Markets has signed an official sponsorship partnership with the UAE Boxing Federation, formalised at a signing ceremony in Dubai on 29 June 2026. The deal brings the financial services provider into the corner of one of the region’s leading national sporting bodies, extending a sports-sponsorship strategy the broker has built across UAE racing and motorsport — and which it now carries into the ring.

Backing the UAE sporting ecosystem

Through the partnership, Daman Markets says it is committed to backing the growth of UAE sport and investing in the nation’s sporting ecosystem, with the stated aim of helping UAE boxing continue to produce world-class athletes for future generations. The framing positions the sponsorship as a long-term commitment to the federation’s athletes, coaches and development pathways rather than a one-off event tie-in.

The broker situates the deal within a broader national sporting context. The UAE has invested heavily in sport across disciplines through talent identification, infrastructure, sports science and international partnerships, and Daman Markets frames its sponsorship as a way to back that trajectory — describing sport as one of the most powerful long-term investments a community can make for character, youth pathways and national pride.

Trading and boxing: the shared-values pitch

The thematic core of the announcement is the parallel Daman Markets draws between boxing and trading. Both, the company argues, demand the same attributes from their participants: discipline, preparation, the ability to read a situation, manage risk and make decisions under pressure. Whether analysing a trade or preparing for a match, the broker contends, the fundamentals are the same — consistency, preparation and performing when it counts.

Samer Mourched, CEO of Daman Markets, leaned into that framing. “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. “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.”

Part of a broader sponsorship strategy

The UAE Boxing Federation deal continues a consistent run of sports sponsorships through which Daman Markets has built brand visibility in its home market. The broker previously signed on as an Official Event Partner with the Dubai Racing Club for the 2024–25 racing season, and earlier sponsored the 1000 Miglia Experience UAE, hosting a VIP lounge and branded rally cars at the classic-car event.

The pattern is deliberate. For a broker competing for retail and institutional clients in a crowded Gulf market, high-visibility national sponsorships build local brand recognition and associate the trading name with discipline, performance and prestige — exactly the qualities the boxing partnership is designed to evoke. Each successive deal has reinforced Daman Markets’ positioning as a UAE-rooted brand investing in the country’s sporting and cultural calendar.

About Daman Markets

Daman Markets is the online trading arm of Daman Securities LLC, offering access to CFDs across forex, stocks, indices, commodities and crypto. The firm is regulated by the UAE’s authorities and has built its presence around the region’s fast-growing trading community, more recently expanding its product set to include CFDs on stocks listed on the Dubai Financial Market and the Abu Dhabi Securities Exchange, alongside AED-denominated trading accounts. The Daman Securities group has operated in the UAE financial sector for over two decades.

FAQ

What is the Daman Markets and UAE Boxing Federation partnership?
Daman Markets has become an official sponsor of the UAE Boxing Federation, with the partnership formalised at a signing ceremony in Dubai on 29 June 2026. The deal commits Daman Markets to supporting the growth of UAE boxing, including its athletes, coaches and development pathways.

Why has Daman Markets chosen boxing?
Daman Markets draws a direct parallel between boxing and trading, arguing both require discipline, preparation, risk management and decision-making under pressure. CEO Samer Mourched framed the sponsorship around these shared values, describing them as human qualities central to both the sport and the company’s approach to financial markets.

What other sponsorships does Daman Markets hold?
Daman Markets has built a consistent sports-sponsorship strategy in the UAE, previously partnering with the Dubai Racing Club as an Official Event Partner for the 2024–25 racing season and sponsoring the 1000 Miglia Experience UAE classic-car event. The UAE Boxing Federation deal extends that approach into national sporting federations.

The sponsorship is a clear illustration of how brokers in competitive regional markets increasingly use sport to build brand equity and local credibility, associating the trading name with the discipline and performance culture their marketing seeks to project. For Daman Markets, aligning with a national federation rather than a single event signals a deeper, longer-term bet on the UAE sporting ecosystem — and on the home-market brand recognition that comes with it. This article is informational and does not constitute investment advice; CFDs are leveraged products that carry a high risk of loss.

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