PALMS SPORTS PrJSC
AADX:PALMS7.63
AED
0.00
(0.00%)
ISIN
AEP000201019
Return %
Stock
S&P 500
1Y
-4.62
14.20
3Y
-33.54
81.12
5Y
-45.42
68.34
Capital Structure
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- CEO
- Fouad Fahmi Darwish
- Sector
- Consumer services
- Industry
- Movies/Entertainment
- Address
- Abu Dhabi United Arab Emirates
- IPO Date
- Dec 21, 2020
- Website
- palmssports.com
- Similar Companies
- Business
- Palms Sports PrJSC is an Abu Dhabi-based sports management, athletic training, and integrated services company that specializes in large-scale sports education programs, martial arts instruction, and specialized facility and security management solutions. Founded in 2011 and headquartered in Abu Dhabi, United Arab Emirates, the company operates as a publicly listed subsidiary of International Holding Company (IHC) on the Abu Dhabi Securities Exchange under the ticker PALMS. The company caters to a diverse client base encompassing government entities, public and private educational institutions, armed forces, law enforcement agencies, corporate organizations, and consumer fitness communities across the United Arab Emirates and the broader Middle East region. Palms Sports delivers its solutions through a comprehensive portfolio of products and services, including: martial arts and combat sports training programs, with specialized instruction in Brazilian Jiu-Jitsu, Muay Thai, Mixed Martial Arts, judo, and self-defense; government and educational sports curriculum management, involving the recruitment, placement, and supervision of certified physical education instructors and martial arts coaches across hundreds of schools and learning institutions; tactical combat readiness, physical conditioning, and specialized defense training tailored for military personnel and police forces; sports facility operations and management, covering commercial gyms, combat sports clubs, padel tennis courts, and recreational athletic centers; sports event planning, tournament organization, and martial arts competition management; sports consultancy, athletic talent scouting, and corporate wellness initiatives; and sports equipment, sportswear, and athletic gear distribution. In recent operational developments, Palms Sports has accelerated its strategic diversification and market expansion through major corporate transactions and commercial initiatives. The company expanded beyond core sports instruction by completing the strategic acquisition of Securiguard Middle East, establishing a substantial presence in commercial security guarding, event security, and integrated facilities management. Concurrently, Palms Sports has secured multi-year training contract awards and renewals with UAE defense and education authorities, expanded its commercial fitness and padel court footprint, and broadened its corporate wellness and community athletic programs across the regional sports and leisure sector.