Dubai Duty Free chief executive wishes to see prize money increase in coming years

Dubai Duty Free chief executive Colm McLoughlin has underlined his company’s commitment as title sponsor to both the Irish Open and Derby by expressing his wish to see the prize money for both sporting events increase in the coming years.

Irishman McLoughlin, 76, helped develop the world’s first duty free operation, founded in 1951 at Shannon Airport and the Ballinasloe, Co. Galway native has been back in Co. Clare this week attending the Dubai Duty Free Irish Open, which the company he helped found out of Shannon in 1983 has been title sponsor of since 2015.