Collaboration announced with Mashreq in the UAE
Mashreq corporate customers set to receive exclusive benefits
Just Padel – the largest Padel providers in the UAE, has partnered with Mashreq – one of the leading financial institutions in the UAE.
The tie-up – a three-year agreement with Mashreq, in the UAE – will see the two giants of innovation combine in their quest to build and develop sustainable communities for the sport, across their respective sectors, with Just Padel set for more collaborations on several innovative new initiatives with the financial institution.
The first sponsored Padel tournament will take place in the coming months at Mina Rashid, Dubai with subsequent events scheduled in other Just Padel venues such as Kite Beach, Ripe Market, Arab Unity School, Uptown School, Kent College and Dubai Ladies Club. There will also be discounts on the rental of padel courts for Mashreq’s employees and clients along with training sessions that will be provided to Mashreq’s corporate customers.
Played by two teams of two, the all-action racquet sport, which combines the best elements of tennis and squash has risen rapidly in popularity around the world, due to its inclusive nature. Participants of all ages can enjoy entertaining matches with family or friends in a safe and fun environment.
Just Padel boasts 6,500 members, with its membership expected to grow by 50% this year.
Commenting on the partnership, Rashad Al Hashimi Chairman and Co-founder of Just Padel Pro Sports Academy, said: “Being the largest padel providers in the UAE, one of Just Padel’s main goals is to create sustainable communities for players across the UAE and Middle East. We go above and beyond with our services to cater to the growing number of padel players in the country. With the support of Mashreq bank, this will play a key role towards achieving that goal.”
Ahmed Abdelaal, Group CEO of Mashreq Bank, said: “The accessibility of padel and the diversity of those who play the sport is something we identify closely with. Given our own efforts to greatly improve access to financial products, notably through our digital channels and the social inclusion this enables, partnering with a leader in the sport, such as Just Padel made perfect sense.”
“As part of the collaboration, our corporate customers will benefit from exclusive discounts, priority bookings at preferred locations, and coaching and mentoring sessions. Additionally, we want to actively engage the UAE’s vibrant fanbase by sponsoring and co-hosting padel tournaments in the country and the MENA region.”
All employees of the Mashreq Bank will be eligible for 15% discount for booking a Padel session at any of the Just Padel locations across the UAE.
One of the UAE’s best performing banks for five decades, Mashreq is a leading financial institution with an expanding footprint across the Middle East. They have international offices in Europe, Asia, Africa and the US, and a strong presence in the financial capitals of the world.
As the oldest bank in the UAE, their journey can be traced back to humble beginnings in 1967, followed by periods of rapid growth and strategic expansion. Throughout their history, Mashreq has differentiated itself by pioneering new-to-market concepts and launching unique products and services.
Their innovative approach sets them truly apart, it also continues to win them numerous awards and accolades across all fields including digital banking, the most recent were: Market Leader by Euromoney Cash Management Survey in UAE for Corporates and in the Middle East and Africa for the Financial Institutions, Market Leader by Trade Finance Survey in the UAE and Middle East, Middle East Best Digital Bank by Euromoney Regional Awards for Excellence, the Most Innovative Consumer/Corporate Digital Bank in the UAE and Best Bank in the UAE by World’s Best Bank Awards by Global Finance, Most Innovative Bank in the Middle East by EMEA Finance and many others.