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Abdulmohsen Alhokair Group for Tourism and Development Announces that the Asateer Al Khaleej Company (a sister company) Has open anew Branch In Jeddah under name (Padel in )

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Announcement Detail Abdul Mohsen Al Hokair Group for Tourism and Development announces that the Asateer Al Khaleej Company (a sister company) and the exclusive owner of the trademark (Padel In) in the Kingdom of Saudi Arabia, has opened an integrated sports center for padel sports in Jeddah under the name of Padel Inn. It is worth noting that the center is currently considered the largest indoor paddle boarding hall in the Kingdom of Saudi Arabia, as it contains 10 playgrounds equipped according to international standards for paddle sports on a total area of approximately 10,000 square meters.

It is noteworthy that Al-Hokair Group owns a share of 33.3% in Asateer Al Khaleej Company, and this comes in line with the group's strategy to diversify sources of income and innovative investments. It is worth noting that Asateer Al Khaleej Company plans to open other branches in different cities during the coming period.

It is expected that the financial impact of this will be from the fourth quarter of the year 2022 AD

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