Aamal Q P S C : Company announces the launch of “ Ride” in cooperation with Qatar Cycling and Triathlon Federation

For release 19 June 2023

Aamal Company announces the launch of "Aamal Ride" in cooperation with Qatar Cycling

and Triathlon Federation

Doha, 19 June 2023 - Aamal Company Q.P.S.C., one of the region's leading diversified companies, is pleased to announce the launch of its upcoming event, "Aamal Ride", as part of its corporate social responsibility and in cooperation with Qatar Cycling and Triathlon Federation. The aim of this initiative is to encourage the community's participation in sports activities.

Aamal Company is committed to actively contributing to the realisation of Qatar National Vision 2030, particularly in the area of human development, and playing a significant role in community development through collaboration with various public institutions leveraging on their expertise in this field. Aamal Company introduced the event during a press conference held in conjunction with the Qatar Cycling and Triathlon Federation. The "Aamal Ride" is scheduled to take place on November 17th, 2023.

Mr. Rashid Bin Ali Mansouri, CEO of Aamal Company Q.P.S.C., commented: "Aamal Ride is part of Aamal's CSR and ongoing commitment to improving people's wellbeing and encouraging them to adopt a healthy lifestyle. At Aamal, we believe in the power of sports, to make a positive impact both physically and mentally. In launching Aamal Ride we want to encourage our employees and the wider public to embrace sports as part of their lifestyle, and to regularly participate in public sports activities. I strongly encourage all nationals and residents to take part in this exciting event, which is only one of a series of Aamal initiatives aimed at benefitting the community."

In turn, Dr. Mohamed bin Jaham Al Kuwari, President of Qatar Cycling and Triathlon Federation, expressed gratitude for Aamal Company's support and contribution to local development through sports, particularly in the realm of cycling. Cycling holds a vital position in the federation's comprehensive commitment, working in cooperation with various entities in Qatar to promote cycling and integrate it into the daily lives of individuals. Dr. Al Kuwari also emphasized the significance of fostering partnerships between private sector companies and the federation to promote cycling. The Qatar Cycling Federation eagerly anticipates further collaboration with Aamal and other private sector entities in their shared efforts to realize the federation's vision for sports.

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FURTHER ENQUIRIES

Aamal Company
Jumana Ziadan - Corporate	E :[e-mail]
Communications Officer	T: [phone]

ABOUT AAMAL COMPANY Q.P.S.C.

Aamal is one of the Gulf region's most diversified conglomerates and has been listed on the Qatar Stock Exchange since December 2007. As at 18th June 2023, the Company had a market capitalisation of QAR 5.4bn (US$ 1.4bn).

Aamal's operations are widely diversified and comprise 29 active business units (subsidiaries and joint ventures) with market leading positions in the key industrial, retail, property, managed services, and medical equipment and pharmaceutical sectors, thereby offering investors a high quality and balanced exposure to Qatar's wider economic growth and development.

For further information on Aamal Company, please refer to the corporate website: http://www.aamal.qa

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