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Al Ahly FC names UAE’s Palms Sports official operator of mega sports complex

Al Ahly FC names UAE’s Palms Sports official operator of mega sports complex
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Palms Sports
PALMS
3.08% 10.70 0.32
IHC
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Cairo – Mubasher: Al Ahly FC has appointed UAE’s Palms Sports, a subsidiary of International Holding Company (IHC), as the official operator of the El-Qalaa El-Hamraa mega sports complex project.

This partnership is set to enhance the value of Palms Sports' brand and expand its influence in the international sports management arena, according to a press release.

The selection of Palms Sports was announced on 4 June 2024 in an event attended by a wide group of Egypt’s sports key figures, ministers, and official dignitaries.

El Qalaa El Hamraa Mega Sports Complex project is developed and constructed by a collaboration of 16 international companies and entities.

Fouad Darwish, CEO of Palms Sports, said: “We are firmly committed to making El-Qalaa El-Hamraa a beacon of sporting excellence, and will dedicate all our resources, knowledge, experience, and expertise for the sake of creating and implementing a world-class operational model following the latest international best practices.”

In the context of its ongoing expansion, Palm Sports acquired 80% of a musculoskeletal and sports injury treatment and rehabilitation clinic in May 2024.