Wednesday, September 27, 2017 1:45 AM

Home / Imdaad generates Dh 500 million in revenue in 2016

Imdaad generates Dh 500 million in revenue in 2016


Imdaad, the GCC’s leading integrated facilities (FM) company based in Dubai, has expressed its optimism for the year 2017, registering a revenue of US$136.2 million (around AED 500 million) in 2016, which is an increase of 8 to 10 percent.

The company has successfully 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.

In line with its strategy of maintaining market leadership in introducing pioneering solutions and innovative services, Imdaad has launched its new visual identity with a futuristic logo. 

Jamal Abdullah Lootah, CEO, Imdaad, said: “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.”

PROPERTY FILTER


  •