Burjeel Holdings PLC announced the opening of its network of advanced physiotherapy, rehabilitation, and wellness centers in Riyadh, in partnership with MENA's largest chain of fitness centers, Leejam Sports Company. The joint venture (JV), PhysioTherabia, aims to pioneer a unique gym-based model for high- quality physiotherapy, rehabilitation, and wellness services across the Kingdom of Saudi Arabia. The newly-opened PhysioTherabia centers in Riyadh's Olaya View Fitness Time, Al Munsiyah Men's Gym, Al Munsiyah Ladies Gym, and Al Taawon Men's Gym are the first of 60 advanced physiotherapy, rehabilitation, and wellness centers to be established within and outside Leejam Sports' gyms (Fitness Time) across the Kingdom.

In addition to the newly opened centers, the next 16 centers are scheduled to launch soon. These centers will be strategically distributed across key locations, including ten in Riyadh, two in Jeddah, and one each in Dammam, Al Khobar, the Northern Region, and the Southern Region. This expansion aligns with the Group's plan to setup the largest network in the Kingdom.

By 2027, the network of 60 PhysioTherabia centers is expected to contribute at least AED 600 million to the Group's revenue with a 30%+ EBITDA margin. The launch of PhysioTherabia marks an essential milestone in Burjeel's international expansion strategy, with KSA placing a particular focus on enhancing public health and disease prevention through innovative and evidence-based healthcare practices as part of its Vision 2030. PhysioTherabia complements this effort by raising the standard of physiotherapy, rehabilitation, and wellness services while expanding access to more population segments.

PhysioTherabia will supplement efforts to bring Saudi Arabia into the Exercise is Medicine Global Health Network, a global health initiative managed by the American College of Sports Medicine (ACSM). The new centers will provide first-of-its-kind, personalized physical therapy, advanced rehabilitation, and sports performance programs. The centers will also offer a comprehensive range of specialized services, including musculoskeletal rehabilitation, neurological rehabilitation with robotics, pediatric rehabilitation, sports injury rehabilitation, spinal and back rehabilitation, and hyperbaric oxygen therapy (HBOT), designed to promote optimal physical well-being and recovery for patients of all ages. The all-in-one fitness and physiotherapy centers will offer an integrated and comprehensive approach to health and wellbeing, emphasizing proactive health rather than reactive care.

Ahead of the launch, His Royal Highness Prince Faisal bin Bandar bin Abdulaziz, Governor of the Riyadh Region, received Dr. Shamsheer Vayalil, Founder and Chairman of Burjeel Holdings, and other senior officials of the Group. During the meeting, Dr. Shamsheer provided comprehensive insights into the high-quality services, cutting-edge medical equipment, and exceptional clinical expertise these centers offer. PhysioTherabia's new rehabilitation technologies include imoove ®, Gait analysis, and Lokomat.

These will bring real-impact solutions to patients suffering from conditions such as strokes, multiple sclerosis, Parkinson's, and other neuromuscular diseases, ensuring they have a chance at an independent, healthier quality of life.