The Clap
Al Hokair Group’s (1820) subsidiary Asateer Gulf Sports, the exclusive owner of the “Paddle In” in Saudi Arabia, has opened an integrated sports center for paddle tennis in Jeddah.
What
Al Hokair Group explained that the center is currently the largest indoor padel arena in KSA, with 10 courts equipped according to international standards for paddle on a total area of approximately 10,000 square meters.
So What
Al Hokair Group owns a 33.3% stake in Gulf Legends, in line with the company’s strategy to diversify its sources of income and innovative investments.
Now What
Asateer Gulf Sports intends to open other branches in different cities during the coming period.
The financial impact of this will be reflected in the company’s financials starting Q4 2022.
