Saturday 15 August 2020

Saeed Al Dhaheri

Smartworld posts 15pc growth in 2016 revenues

DUBAI, January 4, 2017

Smartworld, a leading systems integrator and next generation ICT services provider in the UAE, has posted a growth of over 15 per cent in revenues during 2016 in comparison to the previous year.

The robust performance was marked by a record number of new projects Smartworld implemented during the year, with the top ones being in aviation, telecom, construction and banking sectors, said Saeed Al Dhaheri, chairman, Smartworld.

“The strong financial performance reflects the strength of the UAE’s economy, especially the IT sector, which is driven by the vision of UAE’s wise leadership. New projects across all major sectors of the economy, especially aviation and construction, have been the key factor that has led to the excellence performance and position us for a continuous long-term growth,” Al Dhaheri said.

Abdulqader Obaid Ali, chief executive officer, Smartworld, said: “Smartworld’s growth is driven by the clear vision of being the top-of-the-league digital services provider to enable a futuristic digital growth and we are firmly committed and inspired by the path shown by our visionary leader His Highness Sheikh Mohammed Bin Rashid Al Maktoum to always be the best in everything. In 2016, we made considerable strides and launched a number of major initiatives which put us in a strong position for 2017.”

“The new projects, along with Dubai’s strong growth across all sectors, especially IT, make us highly confident that we are set for the next phase of future growth in 2017,” added Obaid Ali.

Smartworld, an Etisalat and Dubai South joint venture company, started 2016 with the launch of UAE’s first CIOMajlis initiative with the goal to contribute to realising the vision of the National Innovative Strategy and making the UAE the world’s most innovative country by 2021. – TradeArabia News Service

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