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Al Basel posts record 70pc growth in 2014

DUBAI, January 14, 2015

Al Basel Group of Companies, a leading UAE-based business conglomerate, has posted a 70 per cent growth in 2014, citing the year as its best year to date and reinforcing the leading position of its boutique services and various offerings.

The Al Basel companies, which have just transferred to its new corporate offices in Business Bay, posted strong figures for 2014, including the newly launched travel agency, Tuwaiq.

Amani Investments met its target of mid-range and high-end clients, while Najd Rent-a-Car continued to reinforce its position as one of the UAE’s leading automotive rental providers, a statement said.

Al Basel Consultancy, achieved over Dh230 million ($62.6 million) in new projects as a result of forging new partnership with some of the world’s leading luxury hotel brands like the Mandarin, Montage and The Address.

“We are very pleased with the strong performances made by our companies in 2014, reflecting the overwhelming trust and confidence placed in us by our customers,” said Basel Al Kasem, founder and CEO, Al Basel Group.

“The success that we continue to reap can be attributed to the key dedication of our employees and our feature of value-added offerings that highly benefit our clients.

“With the beginning of the new year, we remain steadfast in living up to our commitment of being one of the country’s premier business groups. Our objective is to further consolidate our leadership in the industry verticals we operate in—travel & tourism, finance and real estate, particularly across high-end luxury offerings, which we have carved a niche in,” he concluded. – TradeArabia News Service

Tags: Al Basel | 2014 |

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