Integrated facilities management (FM) company, Imdaad, has generated a revenue of $136 million (Dh500 million) in 2016, registering a growth of 8 to 10% compared with the previous year.
A company statement issued by the Dubai-based company said that it had also signed a few major contracts with leading companies in the last quarter of 2016, enabling it to generate more business than the previous fiscal year, the Emirates News Agency WAM reported.
Jamal Abdullah Lootah, CEO of Imdaad, said, “Taking inspiration from Dubai’s visionary progress, the new logo reflects Imdaad’s international aspiration as well as signifies 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.”
He added, “Amid confidence of capital and market growth, as Imdaad has recorded a revenue growth of 8 to 10% in 2016, we are gearing for the 10th anniversary celebration of the company. 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, Imdaad will play a decisive role in the industrial growth.”
Sheikh Khalifa Excellence Award
Meanwhile, Imdaad has been awarded the Sheikh Khalifa Excellence Award (SKEA)-Gold Category in December 2016. Imdaad took home an award in the Silver Category in 2015, reflecting its consistency and continuous drive for improvement in the provision of topnotch facilities and environment management solutions to its regional and global clients.
CEO Lootah said, “We would like to extend our gratitude to the judges and organisers of SKEA for their confidence in Imdaad’s capabilities and competencies to deliver exceptional services and solutions. Our continuous recognition further inspires us to improve our services and instil innovation and creativity into our corporate culture to bring more happiness to our customers in line with UAE Vision 2021 and key government initiatives. Rest assured that we will work harder to sustain our achievements and attain new accomplishments to better serve our clients according to global standards in particular and increase our contributions to the UAE’s development efforts in general.”
Launched by the Abu Dhabi Chamber of Commerce & Industry in 1999, the annual SKEA serves as a blue print, a roadmap and a methodology for continuous improvement aimed at enhancing the competitiveness of the business sector in Abu Dhabi and the rest of the UAE. SKEA continues to attract hundreds of organisations in the country to participate in its assessment cycles. SKEA awards are bestowed on companies that have shown exemplary business performance.
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