Dubal Holding and Imdaad co-invest in sustainable projects ...United Arab Emirates

ME CONSTRUCTION NEWS - Local News
Dubal Holding and Imdaad co-invest in sustainable projects
Dubal Holding and Imdaad have signed a a memorandum of understanding (MoU) to explore and invest in projects aimed at fostering recycling and sustainability in the UAE. The MoU will see the two entities establish a cooperative institutional framework to examine new initiatives for environmentally friendly projects in the UAE, including co-investing and development of projects that will support the Government of Dubai’s Sustainability Initiatives, a statement said, adding that the agreement was signed by Jamal Abdulla Lootah, Group CEO of Imdaad, and Ahmad Hamad Bin Fahad, CEO of Dubal Holding. Commenting on the partnership, Lootah said, “As a facilities management industry leader setting ben

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