DUBAL Holding and Imdaad join hands to foster sustainability projects in UAE

DUBAL Holding and Imdaad join hands to foster sustainability projects in UAE

Dubai, UAE – DUBAL Holding - the investment arm of Dubai Government with focus on Non-Ferrous Metals, Recycling, Energy & Industrial Sectors - and Imdaad, a Dubai-based group of companies that provides integrated, sustainable Facilities Management (FM) services that enhance operational efficiencies of physical assets, signed a Memorandum of Understanding (MoU) to explore and invest in projects aimed at fostering Recycling and Sustainability sector in UAE.

Jamal Abdulla Lootah, Group CEO of Imdaad, and Ahmad Hamad Bin Fahad, CEO of DUBAL Holding LLC, signed the agreement at a ceremony held at Dubal Holding office at Dubai Healthcare City on 20 October 2022.

Under the MoU, DUBAL Holding and Imdaad will establish a cooperative institutional framework to examine new initiatives for environment friendly projects in UAE, including co-investing and development of such projects to support Dubai Government’s Sustainability initiatives.

Commenting on the partnership, Jamal Abdulla Lootah, Group CEO of Imdaad, said: “As a facilities management industry leader setting benchmarks in service excellence, product innovation, and community development, Imdaad has a stellar track record in working toward sustainability through eco-friendly offerings and practices as well as various efforts to raise environmental awareness. We seek to further this commitment through our new partnership with DUBAL Holding