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Consumer, Retail and Education Company in Abu Dhabi
Palms Sports is an Abu Dhabi sports management and training company focused on jiu-jitsu, mixed martial arts and combat sports, and a subsidiary of International Holding Company (IHC),…
Listed since 2026 · updated November 2026
Palms Sports is an Abu Dhabi sports management and training company focused on jiu-jitsu, mixed martial arts and combat sports, and a subsidiary of International Holding Company (IHC), according to company statements published by Zawya. Under a contract renewed with the UAE Ministry of Education from 1 September 2026, it runs the School Jiu-Jitsu Program with 488 coaches in 279 schools, Aletihad reported. Its registered activities also include sports clothing and education services. The company trades on the ADX Growth Market, where it has been listed since December 2020, and has 150 million shares in issue.
Market figures at the close on 5 November 2026, from Abu Dhabi Securities Exchange (ADX) data.
| ADX symbol | PALMS |
|---|---|
| ISIN | AEP000201019 |
| ADX sector | Consumer Discretionary |
| Market | Growth Market |
| Closing price | AED 7.78 No trade on 5 November 2026; previous closing price |
| 52-week range | AED 5.60 – AED 11.18 |
| Market value | AED 1.17 billion |
| Shares in issue | 150,000,000 |
| Dividend yield, last 12 months | 7.29% Cash dividends of AED 0.567 a share with an ex-date in the 12 months to 5 November 2026, divided by the closing price |
| Listed on the ADX | 21 December 2020 |
| Auditor | EY (Ernst & Young) |
| Chair | Abdulmunem Alsayed Mohamed Alsayed Abdulraheem Alhashmi |
| Chief executive | Fouad Fahmi Darwish |
| Ex-dividend date | Cash dividend | Per share |
|---|---|---|
| 13 March 2026 | 56.7% of par value | AED 0.567 |
Sources: ADX company profile for PALMS, ADX general assembly meetings, ADX dividend distribution. Checked November 2026. Share prices change every trading day; this is not investment advice.
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