Abu Dhabi – Mubasher: Palms Sports has expanded its sports training management contract with a prominent government entity, according to a press release.
The newly extended contract, now spanning an additional two years until July 2026, reflects a substantial 46% growth in both scope and financial value, expanding from AED 8.40 million last year to AED 12.25 million, hitting AED 25.50 million in total.
Fouad Darwish, CEO of Palms Sports, commented: “This renewal serves as a powerful endorsement of the expertise and dedication of our coaches and the measurable impact our programs have made.”
Through its strategic investments in advanced technologies and the forging of strategic alliances, Palms Sports aims to widen its footprint in the global sports and wellbeing arenas.
This contract renewal aligns with the company’s vision to bolster its position as the leading force in the UAE's dynamic sports landscape and beyond.
Last May, Palms Sports acquired an 80% stake in Yas Physiotherapy Center to expand its investments into new segments and verticals.
