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Palms Sports Bags School Sports Program Renewal Contract in UAE

MT Newswires·09/14/2026 11:03:34
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11:03 AM EDT, 09/14/2026 (MT Newswires) -- Palms Sports (ADX:PALMS) renewed a school-based sports program contract worth 600.5 million Emirati dirhams with the United Arab Emirates' Ministry of Education. The three-year deal covers the implementation of the school jiu-jitsu program, under which the sports management and training conglomerate will provide 488 jiu-jitsu coaches across 279 schools in the country, according to a Monday release. The renewed contract also marks the largest contract by value thus far in the International Holding (ADX:IHC) subsidiary's history.