22 December 2021 – Doha, Qatar:
The Sport Accelerator opened at Aspire Zone Foundation on Thursday, 16 December 2021, which is the first sports economic gathering of its kind in Qatar and the Middle East, in the presence of a number of officials and dignitaries in the country.
On the side of the opening, a memorandum of understanding “MOU” was signed between the Sport Accelerator and the Qatar Free Zones Authority, which aims to diversify the economy and support the sustainable development goals of Qatar. The MOU was signed by Mr. Ali Abdullah Al-Mutawa, President of the Sport Accelerator, and Mr. Fahad Zainal, A-Chief Zones Operating Officer, Chief Corporate support officer.
The Sport Accelerator is a dedicated sector within Aspire Zone Foundation established to leverage Qatar’s status as a global sports hub by creating new business opportunities for the private sector, attracting foreign investment and developing Qatari entrepreneurs. Through these activities, the SA will increase the share of the sports sector in Qatar’s economy, in support of Qatar National Vision 2030.
The Sport Accelerator will include companies within the sports value chain from across the whole world for low rent rate that is considered the lowest in the market.
Commenting on this event, Mr. Azzam Al Mannai, CEO, The Sport Accelerator, said:
“We are pleased to announce the opening of Sport Accelerator building, which represents a unique launch of cooperation between sports and economic entities in the country and the world, which will enhance the country’s position as a regional center for sports business. We take this opportunity to extend our thanks for the support of Aspire Zone Foundation for the success of The Sport Accelerator headed by Mr. Mohammed Khalifa Al Suwaidi, CEO of Aspire Zone Foundation, and Mr. Ali Abdulla Al-Mutawaa, Committee Chairman of the Sport Accelerator and we thank our partners : Qatar Financial Center (QFC), Ministry of Commerce & Industry, Qatar Development Bank , Supreme Committee for Delivery & Legacy (2022) , Sports City Enterprise and Qatar Free Zones Authority.