February 8 2011, Sharjah, UAE: Under the patronage of HH Sheikh Mohammed Bin Saud Al Qasimi, Crown Prince of the Emirate of Ras Al Khaimah, United Arab Bank (UAB) announced its co-sponsorship of 'Sailing Arabia–The Tour', the regional sailing event taking place across the Arabian peninsula, in line with the Bank's commitment to developing UAE youth and the local community.
The announcement was made at a press conference at Ras Al Khaimah Royal Yacht Club (Al Hamra Marina) in collaboration with Oman Sail (the organizer) and Al Hamra Marina.
The event, hosted by UAB and Al Hamra Marina, featured the Al Qassimi Cup, an In Port racing held by Oman Sail and the competing boats in honor of HH Sheikh Mohammed Bin Saud Al Qasimi, Crown Prince of the Emirate of Ras Al Khaimah, who presented the award to the winning team.
In his statement to the press, Paul Trowbridge, UAB's Chief Executive Officer, said: "We are pleased and proud to support this inaugural edition of Sailing Arabia-The Tour. This is a great initiative towards reigniting the region's rich maritime heritage, promoting one of the region's fastest growing sports, and generating goodwill and a healthy spirit of competition among the GCC youth.
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