Sports investments provide stable returns
Palms Sports Company achieves sustainable growth with strong performance during the first half of 2026, with revenues rising to 596 million AED and operating profit increasing by 4% to reach 66.5 million AED. Net adjusted profit also grew by 4% to reach 50.3 million AED. The company relies on a flexible, multi-sector operating model coupled with an advanced risk management system, enabling it to efficiently execute its programs and events despite economic challenges. The company affirms that the sports investment sector, with its economic and social benefits, is a promising industry. It has plans for regional and international expansion, investing in sports facilities and artificial intelligence technology to enhance its position and provide comprehensive sports solutions.
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