30/06/2026 07:26 AST

Sport Clubs Company has announced the signing of a building lease contract with Panda Retail Company to establish and operate a new fitness center in Riyadh under the Body Masters brand.

The agreement outlines plans to fit out the leased premises into a modern fitness facility, expanding Body Masters' footprint in the capital and reinforcing Sport Clubs Company's strategy to grow its health and wellness offerings. The new center is expected to provide advanced fitness equipment, professional training programs, and a comprehensive environment for members seeking high-quality sports and wellness services.

This collaboration highlights the synergy between retail and fitness sectors, with Panda Retail providing the location and Sport Clubs Company bringing its expertise in fitness operations. The move reflects the growing demand for lifestyle and wellness services in Saudi Arabia, particularly in urban centers like Riyadh.

Sport Clubs Company is a Saudi-based operator specializing in fitness and sports facilities, with a focus on delivering premium health and wellness experiences. Through its Body Masters brand, the company has become a recognized name in the Kingdom's fitness industry, offering a wide range of services from strength training to group fitness classes.

By partnering with Panda Retail Company, Sport Clubs Company continues to expand its reach and strengthen its position in the market, aligning with Saudi Arabia's Vision 2030 goals to promote healthier lifestyles and community well-being.


Borsatalkhaleej

Ticker Price Volume
SPORTCLUBS Sector Market
P/E
Price/BookValue
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
AMERICANA 2.43 -0.03 (-1.22%)
SEERA 21.54 -0.26 (-1.20%)
NCLE 142.00 0.60 (0.42%)
LEEJAMSPORTS 80.25 1.55 (1.96%)
ALMASARALSHAMIL 25.90 -0.30 (-1.15%)
Sarco unit lands construction contract for school projects in Riyadh

21/08/2026

Saudi Arabian Refineries Company (SARCO) has announced that its key subsidiary Raya Al Tajdeed has secured a SAR100 million ($26.7 million) contract from a multinational education company for the con

Trade Arabia

Saudi Awwal Bank partners with noon to launch a dedicated e-commerce Visa Credit Card

21/08/2026

Saudi Awwal Bank, one of the leading banks in the Kingdom of Saudi Arabia, has partnered with noon, one of the region's leading e-commerce platforms, to launch a first-of-its-kind co-branded Visa cre

Saudi Gazette

United Foods Company reports strong Q2, net profit jumps

21/08/2026

United Foods Company (UFC), a leading UAE-based food manufacturing and distribution company, reported a strong performance for the second quarter of 2026, reflecting continued growth in business acti

Trade Arabia

Saudi Air Connectivity Program, Saudia boost seat capacity to US, China

21/08/2026

Saudi Air Connectivity Program (ACP), in collaboration with Saudia, has announced an increase in seat capacity across several international routes in 2026.

This step reflects ongoing effort

Trade Arabia

Cenomi Centers seals leasing deal with Saudi PIF unit for Madinah Downtown mall

20/08/2026

Arabian Centers Company (Cenomi Centers), a leading Saudi developer of lifestyle destinations, has signed a promise-to-lease agreement with Saudi Downtown Company, a Public Investment Fund (PIF) comp

Trade Arabia