QREC Board of Directors Holds First Meeting

Doha, March 11 (QNA) - Qatar Racing & Equestrian Club (QREC) Board of Directors held its first meeting after the decision of HE Minister of Culture and Sports Salah bin Ghanem Al Ali to form the QREC Board of Directors recently. QREC CEO Nasser bin Sherida Al Kaabi attended the meeting, which reviewed many issues related to QREC and discussed a number of important decisions about a series of projects to develop infrastructure, sources of funding and sponsorship to achieve the club's vision of Qatar becoming a world equestrian center. Following the meeting, Issa bin Mohammed Al Mohannadi, QREC Chairman, said: "We would like to thank HE the Minister of Culture and Sports for supporting QREC and commitment to providing stability, which ensures realizing the planned objectives in the coming years. The first meeting saw the launch of a package of projects aimed to develop the infrastructure at QREC in favor of Qatar's equestrian Sport, especially as such projects will be self-financed by QREC and also funded through sponsorships by a number of the country's organizations collaborating with QREC." Al Mohannadi added, "This package of projects includes the expansion of the QREC Al Rayyan Racecourse to match the scope and standing of horse racing in Qatar at present. This step will deliver an excellent result for owners, trainers, and jockeys and will maximize the racecourse's capacity and, consequently, bring about a significant move in the international and the local race meetings run every season. It has also been decided to build a riding school at QREC and provide the necessary related support. It is considered as one of the most important projects at QREC as it is intended for future riders in order to produce new riders who can take over in the future. The new school project is built on previous related steps made by QREC in terms of organizing rides for young riders (pony rides), the latest of which was held during the HH The Amir Sword Festival. This type of rides will help produce a base of young and new riders over time." HE Minister of Culture and Sports Salah bin Ghanem Al Ali has issued a decision forming the QREC Board of Directors recently, consisting of the Chairman Issa bin Mohammed Al Mohannadi, the Vice-Chairman Hamad bin Abdulrahman Al Attiyah and the Members Khalid bin Mohammed Al Ali, Khalifa bin Mohammed Al Attiyah, Ahmad bin Mohammed Alabdulmalik and Abdulla bin Mohammed Al Kuwari. The decision states that the term of the current Board is four years and that the Board shall act in accordance with the terms of reference and powers stipulated in the QREC's Statutes. (QNA)