Gulf Dynamic Services aims for 25% growth

Gulf Dynamic Services aims for 25% growth

Dubai - Interior fit-out solutions provider GDS is a subsidiary of Masharie - the private equity arm of Dubai Investments.



By Staff Report

Published: Sat 13 Feb 2016, 11:00 PM

Last updated: Sun 14 Feb 2016, 8:56 AM

Gulf Dynamic Services (GDS) is targeting a 25 per cent growth in turnover for 2016 as demand for quality fit-out solutions continues to increase with construction activity continuing apace in the UAE and GCC.
Interior fit-out solutions provider GDS is a subsidiary of Masharie - the private equity arm of Dubai Investments.
The company is looking at expanding its portfolio across the Gulf, particularly in Saudi Arabia and Qatar, Africa and Iraq.
GDS, which saw a 20 per cent increase in turnover in 2015, is also eyeing opportunities in the hospitality sector in the UAE and the wider region.
Sharjah-based GDS has undertaken projects for Damac Properties and completed projects for 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.
"Buoyed by the booming construction activity and growth potential in the interiors and the fit-out sector, we expect to grow by over 25 per cent in 2016," said El Tayeb El Hag Yousif, general manager of GDS.
- abdulbasit@khaleejtimes.com


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