“Al Hammadi” signs an agreement with “AC Milan” worth 54.5 million riyals
Yesterday, Al Hammadi Holding Company signed a strategic cooperation agreement with the Italian club AC Milan, on the sidelines of the Middle East Sports Investment Forum (MESIF) held in Riyadh.
According to the company’s statement on the website "Saudi Arabia trading"Under this agreement, the company and Al Hammadi Hospitals Group obtained exclusive rights "The official medical and rehabilitation partner of AC Milan in Saudi Arabia"
The agreement focuses on developing cooperation in the fields of sports medicine, rehabilitation, and physical performance, through integration between the club’s medical experts and the medical facility of Al Hammadi Hospital Group in Riyadh.
She added that the value of the contract is estimated at 54.5 million riyals, while the agreement extends as a multi-year project ending on June 30, 2033 AD, noting that the total value of the contract will be paid in scheduled installments throughout the duration of the agreement.
The company expected This cooperation will contribute to strengthening its presence in the field of advanced sports medicine, supporting its clinical capabilities, and developing specialized rehabilitation services within the Kingdom.
She indicated that the duration of the contract is 8 years, and it is expected that this deal will have a positive impact on the company’s profits for the year 2026 AD and subsequent years.
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