• HSBC

Tamweel signs partnership agreement with Imdaad for facilities management

  • United Arab Emirates: Tuesday, February 05 - 2008 at 15:41
  • PRESS RELEASE

Tamweel and Imdaad, today announced that they have signed a partnership agreement under which Imdaad will provide strategic facilities management solutions and a portfolio of comprehensive services to Tamweel, the largest real estate finance provider in the UAE.

Under the terms of the agreement, both parties will work closely to establish a strategic asset management plan based on the highest safety and quality standards, ensuring investors and clients receive premium value and optimum returns for their investments. The facilities management solution covers all technical services such as mechanical, electrical, special systems as well as soft services such as security, housekeeping, landscaping and waste management. To ensure highest levels of customer satisfaction, the entire operation will be managed by a highly trained call centre team on a 24/7 basis.

Commenting on the new partnership agreement, Adel Al Shirawi, Board Member of Tamweel, said: "Tamweel is pleased to announce the appointment of Imdaad, a leading provider of facilities management solutions and services, for all of Tamweel's projects. The partnership aims to establish and implement a long-term strategic asset management plan based on technology and technical competencies, ensuring highest standards in reliability and service delivery. This will create the best environment for our investors and clients, which is always a priority for Tamweel."

He added that Tamweel's maiden project - Tamweel Tower situated in Jumeirah Lakes Towers - is due for completion.

Jamal Abdullah Lootah, CEO of Imdaad, said: "'Imdaad will ensure the delivery of the best services to our clients and their customers in the most efficient manner possible. We are delighted to sign the strategic partnership agreement with Tamweel. This partnership will positively contribute to promoting the best facility and asset management practices in the UAE region."

Imdaad is a leading facility management solutions provider in the UAE established and owned by Dubai World to provide the market with a portfolio of facility management solutions. Imdaad offers facilities management consultancy services during project design and implementation stages, and also provides comprehensive facility management solutions to support clients during test commissioning, handover and management during the lifecycle of assets. Imdaad currently offers its services to prestigious clients such as Nakheel, Jafza, DP World, Dubai Customs, Dubai Maritime City and Limitless.
From Left to Right: Mahmoud Rasheed, General Manager, Imdaad Environment; Hussain Ismail, Business Development Consultant, Imdaad; Jamal Lootah, Chief Executive Officer, Imdaad; Adel Al Shirawi, Board Member, Tamweel; Abdulla Nasser, Chief Commercial Officer, Tamweel at the signing ceremony.  
From Left to Right: Mahmoud Rasheed, General Manager, Imdaad Environment; Hussain Ismail, Business Development Consultant, Imdaad; Jamal Lootah, Chief Executive Officer, Imdaad; Adel Al Shirawi, Board Member, Tamweel; Abdulla Nasser, Chief Commercial Officer, Tamweel at the signing ceremony.
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Notes and Media Contacts »

About Tamweel PJSC:
Tamweel PJSC, the highest-rated non-banking financial institution in the region (rated A by Fitch and A3 by Moody's) is the largest provider of real estate finance in the UAE by market share and asset size. Tamweel was established in March 2004, became a public joint stock company in June 2006 and was listed on the Dubai Financial Market in July 2006.

Tamweel is a provider of a wide range of unparalleled customer-service solutions and innovative home finance products, working with 300 partners across the UAE. The company, which aims to become the regional home finance leader through its expansion plans into Saudi Arabia, Egypt and other countries in the MENA region, has branches in Dubai, Sharjah and Abu Dhabi, as well as in Saudi Arabia and Egypt. For more information, please visit www.tamweel.ae

For further information, please contact:

Nabil Abou Alwan
Head of Marketing & Product Development
Tamweel PJSC
Dubai, UAE
Tel: 971-4-2944400
Fax: 971-4-2944331

Nicholas Nesson / Sudha Hemmad / Gunjan Chaurasia
ASDA'A Public Relations
Exclusive Affiliate of Edelman, Middle East & North Africa
Dubai, UAE
Tel: 971-4-335969
Fax: 971-4-3356080

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