Cloisall, a leading UAE-based interior fitting and contracting company, said it has secured regional contracts worth Dh700 million ($191 million) to be initiated over the next 24 months.

With 2016 in full swing, Cloisall aims to cross Dh1 billion ($272 million) in order backlogs by the end of the second quarter, said a senior official.

"At Cloisall, we are proud to have kicked off 2016 with such promising growth prospects. The fact that our order book has reached the Dh700 million mark and that we have set out to exceed the Dh-1 billion order backlogs - including revenues pertaining to the trading and chemical divisions - is a powerful testament to our proven track record of delivering high quality results," remarked its CEO Majed Farha.

"Over the years, Cloisall has amassed extensive experience working on some of the world’s most architecturally-complex and internationally-renowned buildings. Today, our success story is rooted in our people – our employees are our most valuable asset," stated Farha.

The Emirati firm capped off 2015 with an organic growth of 50 per cent, while its fast-expanding pipeline of contract opportunities increased by 40 per cent.

Its robust line-up of 2016-2017 projects is set to help cement the company’s pattern of future growth and reinforce its strategic vision of success.

Fadi Bouchaaya, the chief operating officer of Cloisall, said: "Our business longevity is the result of our operational and strategic excellence as well as our ability to maintain high client satisfaction levels."

"These key ingredients have allowed us to establish a truly loyal client base. Moving forward, our goal is to effectively execute our expansion plans and continue to secure large-scale, challenging projects," he added.-TradeArabia News Service