Imdaad, a leading integrated facilities management (FM) company based in Dubai, UAE, has registered a revenue of around Dh500 million ($136.1 million) in 2016, up 10 per cent over the same period the previous year.

In addition, Imdaad 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, said a statement from the company.

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

As the FM company prepares to celebrate its 10th anniversary, the rebranded visual identity not only characterises its leading position but also complements its growth strategy of continual development.

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 the blue and sand colours of the logo, the design is a manifestation of the emirate’s timeless appeal and natural environment.

CEO Jamal Abdullah Lootah said Imdaad's revenue growth of eight to 10 per cent in 2016 comes at a time when the company is gearing up for its 10th anniversary celebrations.

"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," he added.

Lootah said with sustainability becoming pivotal to urbanisation across the world, there will be infinite opportunities for the FM sector with the energy 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 will play a decisive role in the industry growth," he added.-TradeArabia News Service