Armah plans to establish new sports club in Riyadh

Armah’s project is expected to complete in two years

Armah Sports Co. plans to develop a new sports club for men, on Prince Mishal bin Abdulaziz Road in Riyadh, according to a statement to Tadawul.

The new club, under Armah’s B_FIT category, will offer fully integrated facilities and a range of technological innovations designed to complement a distinctive fitness experience.

Armah will appoint a contractor to execute the sports project in accordance with specifications and designs prepared and approved by the company.

The project, which is expected to be complete within two years, is one of several initiatives aimed at developing fully integrated sports clubs as part of the company’s strategy to expand through prime locations in order to achieve targeted growth and returns.

Any related material developments will be revealed in due course, the statement added.