Doha:The Social and Sport Contribution Fund (DAAM) has entered into a funding agreement with the Ministry of Sports and Youth to aid the Qatar Challenge Racing Club (Samla) in organizing the 8th edition of the Samla Race scheduled for 2026.

According to Qatar News Agency, the agreement ensures that DAAM will provide financial backing to cover all operational expenses of the race, including cash prizes for the competitors. This initiative underscores DAAM's pivotal role, along with companies listed on the Qatar Stock Exchange, in backing sports and social activities while promoting sustainable development, aligning with Qatar National Vision 2030.

DAAM's support aims to enhance awareness of physical activity's importance, encourage community engagement in sports, and cultivate a spirit of challenge and competition among participants. The Samla Race is set to occur from December 3-5, 2026, spanning a 200-kilometer distance that participants must complete within 44 hours, encompassing disciplines such as swimming, running, cycling, kayaking, and shooting.

Since its inception in 2010, DAAM has initiated various key projects across cultural, social, sports, and charitable sectors. Contributions from Qatar Stock Exchange-listed companies are vital funding sources for DAAM, making them crucial partners in fulfilling community development objectives.