Tag Archives: facilities management

Imdaad reveals AED 60 million investment plan for 2017

Company announces new contract wins with top industry players and 2017 strategic roadmap

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January 31, 2017 – Imdaad, the GCC’s leading integrated facilities management (FM) company based in Dubai, has revealed that it will invest AED 60 million this 2017 to meet growth via targeted acquisition of local firms. The announcement was made during a press conference held today (Tuesday, January 31, 2017), at the Jumeirah Zabeel Saray, Palm Jumeirah in Dubai where the leading FM company also unveiled its latest contract wins with giant industry players and its strategic roadmap for 2017 as it moves to cement its leadership in the flourishing regional FM sector.
In 2016, Imdaad acquired a firefighting company and a lifts, installations and maintenance firm as part of its comprehensive expansion approach to widening its scope and services. The AED 60-million investment plan will carry on the objectives of its growth strategy this year. Additionally, the company expects to perform strongly yet again after obtaining new major deals with key organisations and renewing agreements with top long-time clientele.

Its new contracts include a deal with the Islamic Affairs and Charitable Activities in Dubai (IACAD) for the upkeep of all mosques under its mandate; Mashreq Bank; Dubai Parks and Resorts; the posh Palazzo Versace hotel; Lapita Hotel; TECOM; the Dubai Opera house; Be’ah (Oman Environmental Services); Investment Corporation of Dubai (ICD); Nakheel; Wasl; Al Fattan Properties; Kingfield Owner Association Management Services; and ENOVA.

These new developments along Imdaad’s latest achievements and industry expectations for 2017 were announced against the background of a rising FM sector in the UAE. Industry estimates put the GCC’s cumulative FM spend at USD 892 billion over the last 25 years, with Saudi Arabia, Qatar and the UAE as leaders. Globally, as per a market research report released by Global Industry Analysts, Inc., the FM industry is seen to be worth USD 394.69 billion by 2017.

Jamal Abdullah Lootah, CEO, Imdaad, said: “Although the UAE FM industry is still in its infancy when held up against mature markets such as Europe and North America, it is nonetheless accelerating at the unprecedented rate. To capitalise on considerable opportunities in the local and regional FM sectors, we at Imdaad are intensifying our efforts to keep up with the latest trends and developments in these markets, especially in terms of technological innovations. For 2017, we have laid out an all-encompassing roadmap that will ensure both exceptional delivery of services to our clientele and significant contributions to the Emirates’ socio-economic prosperity in line with the goals of UAE Vision 2021. With our new agreements and key investment strategy, we are keen on working with all our partners from the public and private sectors to achieve our development objectives.”
In line with its strategy of maintaining market leadership in introducing pioneering solutions and innovative services, Imdaad has embarked on a number of game-changing initiatives over the past years that have had reshaped the FM market in the UAE. The state-of-the-art Imtedaad, for instance, has become one of the industry’s much-talked-about technological platforms due to its ability to intelligently analyse the performance trends of interconnected assets.

Imtedaad – designed based on the concept of the Internet of Things (IoT) – works by correlating all essential data with the behaviour of the building’s ecosystem to come up with a set of recommendations and corrective actions. Among the technology’s top-notch features include cognitive computing platform, predictive maintenance capability, seamless machine-to-machine (M2M) communication, automatic corrective measures, real-time monitoring and tracking of assets, and energy management. It has a significant potential to cut the use of energy by up to 50 per cent and increase facility use by up to 80 per cent.

Imdaad has always emphasised on deploying eco-friendly equipment and sustainable technologies across its operations to ensure the highest level of service to its clients. The move also actively contributes to the UAE’s strategy to build a sustainable economy and an environment that will help enhance the quality of life in the country.

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FM EXPO increases exhibition space by 25 per cent for its 10th edition  

Region’s largest FM event to take center stage at pioneering Community Management Week

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  • FM EXPO is Middle East’s largest Facilities Management event
  • Over 150 exhibiting companies from 19 countries and 10,000 visitors
  • Part of the first Community Management Week
  • Features 15 free-to-attend continuing professional develop (CPD)certifies workshops, 6 FM Masterclasses, FM World Congress and Middle East High Rise Summit

Dubai, UAE, 27 April 2016: FM EXPO, the Middle East’s largest facilities management event, will be taking place from May 23 to 25, 2016 at the Dubai World Trade Centre. The 10th edition of the event reflects its long-standing commitment towards the industry. With a 25 per cent increase in exhibition space compared to 2015, it will host over 150 companies from 19 countries showcasing their innovative solutions to nearly 10,000 visitors.

Aside from a vast display of cutting-edge technologies, products and services, the show will deliver an extensive and advanced education program. During the three-day event, industry players and visitors will be able to take part to five international conferences, including the FM World Congress and Middle East High Rise Summit, 15 free-to-attend continuing professional develop (CPD)certified workshops, and six FM Masterclasses.

Jaafar Shubber, Senior Project Manager, FM EXPO, said: “For the last 10 years, FM EXPO has successfully promoted the needs of FM professionals, tenants and end users, as well as property developers and owners, by focusing on wide range of topics such as sustainability, technology, building compliance, building life-cycle, security, and hygiene and infrastructure, among others. Strict government regulations on built environment and demand for cost and energy-efficient solutions has spurred the need for advanced FM solutions which will feature under the spotlight at the bigger 10th edition of the FM EXPO.”

“We have been regularly participating at the FM EXPO since 2012. This time, it promises to be bigger and better as it will be part of the first-ever Community Management Week. We will showcase integrated FM services along with other services such as catering, laundry, environmental services, waste management, staff accommodation and workers supply and recruitment. We look forward to exciting networking opportunities to connect with existing and potential clients at the 10th edition of FM EXPO,” concluded Mr Samih Basaddiq, Managing Director, Advanced FM, Platinum Sponsor of FM EXPO.

Organised by dmg events Middle East, Asia & Africa, FM EXPO will be co-located with four dedicated events that make up Community Management Week, to offer a well-rounded and professional environment to conduct business and improve the quality of life for surrounding communities. These include;

  • The Big 5 Outdoor Design & Build Show – a specialised trade show offering products and services for landscaping, outdoor furniture, sports and play equipment;
  • Middle East Waste & Recycling – Dubai’s premier event on opportunities and challenges in waste management and recycling;
  • Commercial Cleaning & Hygiene – bringing those involved in cleaning services and products together to share ideas and innovative products;
  • Elevators & Access Control – the only dedicated building access and mobility exhibition in the Middle East.