Logo of Alhokair Group
Abdulmohsen Alhokair Group for Tourism and Development (Alhokair Group) announced that Asateer Gulf Sports Co. Ltd. – a sister company and the exclusive owner of Padel In trademark in Saudi Arabia –opened an integrated center for paddle sports in Jeddah under the brand "Padel In".
The company stated today, Dec. 7, in a statement on Tadawul, that the center is considered the largest indoor paddle boarding hall across the Kingdom.
It contains 10 playgrounds equipped according to international standards for paddle sports, on a total area of approximately 10,000 square meters.
The financial impact of the sports center is expected to show by Q4 2022, it said. Alhokair Group owns a 33.3% stake in Asateer Gulf Sports, as the new center’s opening comes in line with the group's strategy to diversify sources of income and innovative investments.
Asateer Gulf Sports plans to open other branches in different cities during the coming period, it highlighted.
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