Doha, 3 February 2021: Qatar Insurance Group, the leading insurer in Qatar and the MENA region is once again the Platinum Sponsor of Katara’s International Arabian Horse Festival (KIAHF) organized by Cultural Village Foundation (Katara) in co-operation with Qatar Equestrian Federation, Qatar Racing, Equestrian Club and Qatar Foundation under the patronage of His Highness the Amir.
The sponsorship comes in continuation of the role QIC Group has been playing in supporting Qatar’s outstanding role in hosting local and international events across sports, tourism and culture.
Commenting on the festival sponsorship, Mr. Salem Khalaf Al Mannai, Group CEO of Qatar Insurance Group said: “QIC Group is delighted to be sponsoring the second edition of Katara International Arabian Horse Festival. We are committed to supporting the country’s efforts in building global awareness about these majestic horses the “Arabian purebred” and to the success of this global sporting event.”
“Qatar Insurance Group has long demonstrated its eagerness towards supporting activities that showcase Qatar’s rich culture and enhance Qatar’s exposure.” Al Mannai added.
The second edition of Katara International Arabian Horse Festival (KIAHF 2022), which commenced, yesterday and will continue until February 12 presents the finest Arabian Horses from across the globe and will include the Arabian Peninsula Horse Show (February 2-5), Arabian Horse Auction (February 7) and the prestigious Title Show (February 9-12).
Founded in 1964, QIC was the first domestic insurance company in the State of Qatar. Today, QIC is the market leader in Qatar and a dominant insurer in the GCC and MENA region. QIC is one of the highest rated insurers in the Gulf region with a rating of A/Stable from Standard & Poor’s and A(Excellent) from A.M. Best. In terms of profitability and market capitalization, QIC is also the largest insurance company in the MENA region. It is listed on the Qatar Exchange and has a market capitalization of over $ 4bn.