As Chairman of Aabar, Qubaisi was instrumental in securing Abu Dhabi as the host city for the Laureus World Sports Awards, both in 2010 and 2011. Laureus is a global sports awards initiative, comprising the Laureus World Sports Academy, the Laureus Sport for Good Foundation and the Laureus World Sports Award. The Sports Awards are an annual award for athletes from around the globe judged by the international media, and are supported by Mercedes-BenzVodafone and IWC Schaffhausen. Aabar was Host Partner to the Laureus World Sports Award in both years it has been hosted in Abu Dhabi.