Imdaad records eight to 10 per cent growth over previous year
Imdaad, one of the GCC’s leading integrated facilities (FM) company based in Dubai registered revenue of AED 500 million in 2016, which is an increase of eight to 10 per cent from the previous year.
In addition, the company has signed a few major contracts with the region’s leading companies in the last quarter of 2016, enabling it to generate more business than the previous fiscal year, driving profit margins, and boosting overall earning.
Imdaad has also launched its new visual identity with a futuristic logo, in line with its strategy of maintaining market leadership in introducing pioneering solutions and innovative services, as the company prepares to celebrate its 10th anniversary. The new logo reflects Imdaad’s international aspiration as well signifying its unity with its stakeholders. With blue and sand colours of the logo, inspired from the UAE nature, the design is a manifestation of the emirate’s timeless appeal and natural environment.
“Amid confidence of capital and market growth as Imdaad records a revenue growth of 8 to 10 per cent in 2016, we are gearing for the 10th anniversary celebration of the company. The celebration commences with the launch of the redesigned logo, which is a reflection of the company’s dynamic expansion strategies. In 2017, we will continue to integrate new technologies with the best practices in the FM industry,” said Jamal Abdullah Lootah, CEO, Imdaad. As sustainability becomes pivotal to urbanisation across the world, there will be infinite opportunities for the FM sector with the energy FM services gaining further popularity in the GCC. Imdaad remains confident of a robust FM sector in the new year supported by rapid technological innovation. Alongside innovation, continuous quality improvement and consistent enhancement in property value will play a decisive role in the industry growth.