Press releases, Reports & Disclosures for PALMS SPORTS PrJSC

Palms Sports has secured a two-year government contract worth over AED 32 million to provide physical training and development for a prestigious institution in the UAE. The company, a leader in sports management and Jiu-Jitsu training, will deploy a team of 28 experts to support leadership development initiatives. CEO Fouad Darwish expressed pride in the partnership, highlighting the company's commitment to delivering high-quality training and its role in supporting the UAE's leadership goals. This contract emphasizes Palms Sports' expertise and expands its service offerings in leadership and personal development.

Palms Sports has secured a two-year renewal of a government contract valued at AED 25.5 million, marking a 46% increase in scope and value. The contract includes the provision of 35 elite coaches, up from 24, reflecting growing demand for their specialized expertise. This renewal underscores Palms Sports' leadership in combat and tactical defense training. CEO Fouad Darwish highlighted the company's commitment to delivering top-tier training services and its ongoing efforts to diversify and expand into new markets through strategic investments and alliances.

Palms Sports has renewed a significant government contract worth AED 240 million for an additional two years, extending until June 2026. The company, a subsidiary of International Holding Company, will continue to provide 350 specialized Jiu-Jitsu and tactical defense specialists to enhance the readiness of program participants. The partnership, which began in 2015, has become a global benchmark for training programs. CEO Fouad Darwish expressed pride in the renewal, highlighting the quality and impact of their services. Palms Sports is also exploring opportunities for investment, diversification, and expansion into new markets, aiming to leverage its expertise in the broader sports and wellness industry.

Palms Sports, a leading sports management company and the largest provider of Jiu-Jitsu training, has renewed a two-year government contract worth AED 49.5 million. This renewal continues a successful partnership that began in 2015, aimed at enhancing national capabilities through sports. The company offers specialized training in Jiu-Jitsu and self-defense, led by 60 highly skilled coaches. The renewed contract underscores Palms Sports' commitment to excellence and its strong relationship with the government sector. CEO Fouad Darwish expressed pride in the partnership, emphasizing the company's dedication to fostering innovation and professionalism in sports. Palms Sports aims to drive growth and build a thriving sports ecosystem, solidifying its position as a leader in the industry.