Al Fajer FM experienced a 31% jump in revenues for 2018 over the previous year, resulting in a 4% rise in revenues for 2018. Its half way through its bookings for 2019 which has been projected at $AED40.8m (AED150m).
AFFM’s staff numbers have gone up by 28% in 2018, as the firm currently employs little more than 3,000 employees. This is partly due to the number of contracts that were mobilised over the last 12 months. Some of them include: security provision contract for Nakheel, cleaning contracts for Dubai Airports, Majid Al Futtaim Properties, Emirates, Fast Food cuisine to name a few.
Balakrishna says: “For 2019 we are focused on Dubai and expansion would be within the UAE, Abu Dhabi in particular. In the Middle East we foresee Egypt and Saudi Arabia as markets that could have great potential.