Today's Edition
ABU DHABI (ALETIHAD)
Palms Sports PJSC, a subsidiary of International Holding Company (IHC) and the UAE’s leading sports management and training conglomerate, reported revenues of Dh842 million for the first nine months of 2025 — a 9% increase from Dh770 million recorded during the same period last year.
The company’s profit before tax rose to Dh93 million, compared with Dh83 million in 2024, while profit after tax reached Dh84 million, up from Dh76 million a year earlier. The results highlight Palms Sports’ sustained revenue growth, strong profitability, and operational efficiency across its diversified business portfolio.
Fouad Darwish, CEO and Managing Director of Palms Sports, said: “Palms Sports continues to deliver strong financial results driven by our diversified business model and long-term partnerships. Our focus on sustainable growth, innovation, and operational excellence is enabling us to build on our momentum while contributing meaningfully to the UAE’s vision for a healthier, more active society.”
The company said it remains well positioned for continued growth through strategic investments in wellness, education, technology, and AI-powered solutions, while further strengthening its core expertise in martial arts and community wellbeing programmes across the UAE.
Founded in 2011, Palms Sports is one of eight listed companies under International Holding Company, promoting niche sporting activities — particularly Jiu-Jitsu and martial arts — to encourage fitness and wellbeing among UAE Nationals.
