Cloisall’s Order Book Soars to 700 Million AED

With 2016 in full swing, Cloisall, the GCC’s leading interior fitting and contracting company, has secured a staggering 700 million AED in contracts – to be initiated over the next 24 months. The company capped off 2015 with equally impressive numbers: in the last year alone, it witnessed an organic growth of 50% and its fast-expanding pipeline of contract opportunities increased by 40%.

Cloisall’s robust line-up of 2016-2017 projects is set to help cement the company’s pattern of future growth and reinforce its strategic vision of success. 

Majed Farha, Chief Executive Officer of Cloisall, said: “At Cloisall, we are proud to have kicked off 2016 with such promising growth prospects. The fact that our order book has reached the 700 million AED mark and that we have set out to exceed one billion AED in order backlogs before the end of the second quarter – including revenues pertaining to the Trading and Chemical Divisions – is a powerful testament to our proven track record of delivering high quality results. Over the years, Cloisall has amassed extensive experience working on some of the world’s most architecturally-complex and internationally-renowned buildings. Today, our success story is rooted in our people – our employees are our most valuable asset.”

Fadi Bouchaaya, Chief Operating Officer of Cloisall, also added: “Our business longevity is the result of our operational and strategic excellence as well as our ability to maintain high client satisfaction levels. These key ingredients have allowed us to establish a truly loyal client base. Moving forward, our goal is to effectively execute our expansion plans and continue to secure large-scale, challenging projects.”