UAE-based Gulf Dynamic Services (GDS) is aiming to achieve a 25 per cent growth in its turnover for 2016 as growing demand for quality fit-out solutions continues to increase with hectic construction activity in the UAE and GCC countries.

A subsidiary of Masharie, the private equity arm of Dubai Investments and one of the leading names in turnkey interior fit-out solutions, GDS is looking at expanding its portfolio across the Gulf, particularly in Saudi Arabia and Qatar besides Africa and Iraq, said a top official.

El Tayeb El Hag Yousif, the general manager of GDS, pointed out that the company was targeting a strong growth period this year.

"Buoyed by the booming construction activity and a great growth potential in interiors and the fit-out sector – particularly the hospitality projects, we expect to grow by over 25 per cent in 2016, which will further reinforce our market reputation," remarked Hag Yousif.

The Sharjah-based firm, which had achieved a 20 per cent increase in turnover last year, is now eyeing opportunities in the hospitality sector in the UAE and region to complement its existing project portfolio.

According to him, GDS as undertaken various projects for Damac Group and also completed projects for other hotel operators.

The company is currently working on two hotel projects for Dubai Properties, a four-star hotel for Bin Hareb Group, a 42-villa development for Al Moosa Real Estate and two university campuses.

Some of the other projects under GDS belt include the Dubai Insurance Building interior refurbishing, over 13 branches of Union National Bank (UNB), the Abu Dhabi Islamic Bank (ADIB) headquarters in Erbil.-TradeArabia News Service