Imdaad Misr and Gates Developments sign agreement for nine real estate mega projects

 

Imdaad-Misr, a regional subsidiary of the Dubai-based group of integrated Facilities Management companies entered into a new service agreement with Gates Developments, a top real estate developer in Egypt.

 
May 30, 2024 IFM
 

Imdaad Misr and Gates Developments sign agreement for nine real estate mega projects
 

The partnership aims to provide Gates Developments' ongoing projects in the New Administrative Capital and West Cairo with comprehensive facilities management services that meet the highest international standards. This agreement aligns with Gates Development’s strategy to engage leading operational companies and enhance the quality and performance of its future projects.

The agreement was signed by Mahmood Rasheed, Chief Operating Officer of Imdaad, Eng. Osama Osman, General Manager of Imdaad Misr, and Mr. Hassan Nasr, CEO of Gates Developments, during a ceremony at the Royal Maxim Palace Kempinski Hotel in Cairo. Under the terms of this agreement, Imdaad Misr's team will provide integrated facilities management services to Gates Developments' three projects in the Administrative Capital, five projects in West Cairo, and the new Lyv project in Ras El Hikma on the North Coast.

Mahmood Rasheed, Chief Operating Officer, Imdaad, stated: "As a regional leader in the facilities management sector, Imdaad Group has a proven track record of delivering exceptional services to administrative, commercial, residential, medical, and tourism real estate projects. This has established us as one of the top integrated facilities management companies in the Middle East. "We are committed to sustainable operations, leveraging local, regional, and international expertise, which has significantly contributed to Imdaad Group's remarkable long-term success in the region."

Eng. Osama Othman, General Manager of Imdaad Misr, confirmed that the company is focused on expanding its presence in Egypt as part of its growth strategy. He said, "Our new agreement with Gates Real Estate Development Company represents a significant step in Imdaad Group’s ongoing expansion. We are delighted with this collaboration and grateful for the trust placed in us. This partnership will bolster our capacity for substantial, positive impact within the facilities management market, particularly for promising and distinguished mega projects. Drawing on our extensive experience, we will realize the company's aspirations by delivering a comprehensive range of exceptional facilities management services."

Hassan Nasr, CEO of Gates Developments, expressed his satisfaction with this partnership, emphasizing the company's commitment to forming strategic alliances with leading brands across various sectors to boost the investment value of its projects. He highlighted the significance of collaborating with Imdaad, recognized as one of the largest international companies, and praised its vital role in delivering an all-inclusive suite of facilities and maintenance services.

Nasr elaborated, "This agreement aligns with Gates Development's strategy to partner with top-tier consultants, operators, and service providers to deliver a market-competitive product for the upcoming period." He explained that the strategic partnership with Imdaad Misr includes providing facilities management services that meet the highest international standards in operational and service processes, ensuring sustainability and quality, enhancing the added value of the company's projects, and benefiting tenants and customers across all prestigious locations. Additionally, the agreement aims to reduce the long-term operating costs of buildings by maintaining and enhancing facilities management assets, with a focus on creating added value and driving high-quality standards in the Egyptian market.

Imdaad  Middle East real estate  facilities management UAE    

MORE FROM BUILT ENVIRONMENT

Arada Marks More than 100 million Safe Man-hours at Aljada megacommunity
Arada Marks More than 100 million Safe Man-hours at Aljada megacommunity

Works conducted span residential, retail, hospitality, entertainment, sports, healthcare, education, commercial, infrastructure and landscaping

April 30, 2026 UAE Community Management
Meraas Awards AED 2.4 billion in Construction Contracts for New Phases of The Acres Communities
Meraas Awards AED 2.4 billion in Construction Contracts for New Phases of The Acres Communities

United Engineering Construction (UNEC) has been appointed to deliver The Acres, while GCC Contracting will lead construction at The Acres Estates

April 30, 2026 UAE Business
Concordia Achieves ISO 41001:2018 Certification for Facility Management Systems
Concordia Achieves ISO 41001:2018 Certification for Facility Management Systems

Dubai-headquartered Concordia is an integrated facilities management company supporting a broad portfolio of commercial, residential, and mixed-use developments

April 30, 2026 UAE IFM
Farnek's New Flexible FM Contracts for Educational Institutions
Farnek's New Flexible FM Contracts for Educational Institutions

The three types of operational mode include a normal cycle, holiday cycle and a crisis cycle, said Farnek in a statement

April 29, 2026 UAE IFM
MERED hosts Emirati Artist Faris Al-Hammadi and Leading Brokers at ICONIC Residences Construction Site
MERED hosts Emirati Artist Faris Al-Hammadi and Leading Brokers at ICONIC Residences Construction Site

As part of the experience, guests were invited to write personal messages on a wall for future residents, celebrating the UAE's resilience, its unmatched opportunities, and its deep sense of community

April 24, 2026 UAE Real Estate
SEE Holding and World Bank Group’s IFC Announce Advisory Collaboration to Advance The Sustainable City Model
SEE Holding and World Bank Group’s IFC Announce Advisory Collaboration to Advance The Sustainable City Model

Under the collaboration, IFC will provide structured advisory support to help SEE Holding assess market demand, affordability dynamics, regulatory frameworks, environmental and social considerations, and overall project bankability

April 24, 2026 UAE Business
ALEC Holdings’ 2025 ESG Report Highlights Strong Foundations for Sustained Leadership and Growth
ALEC Holdings’ 2025 ESG Report Highlights Strong Foundations for Sustained Leadership and Growth

ALEC Holdings achieved the Dubai Chamber ESG Label (Advanced) and the EcoVadis ‘Committed’ badge, accreditations that recognise the Group’s structured approach to sustainability and its alignment with internationally recognised ESG standards

April 24, 2026 UAE Sustainability
Dar Global appoints Al Dahlawi Company to Deliver Main Works at Amaya in Jeddah
Dar Global appoints Al Dahlawi Company to Deliver Main Works at Amaya in Jeddah

Amaya is designed as a vibrant live-work-play destination in the heart of Jeddah, bringing together residential communities, business opportunities, retail destinations, and lifestyle amenities

April 23, 2026 Real Estate
Construction Commences On Casagrand Hermina At Dubai Islands
Construction Commences On Casagrand Hermina At Dubai Islands

Dubai Islands continues to strengthen its position as a key growth corridor, supported by major infrastructure investment, improving connectivity, and rising demand for waterfront communities

April 23, 2026 UAE Real Estate
Dubai Metro Unveils USD 9 billion 'Gold Line': Which Communities Will Benefit
Dubai Metro Unveils USD 9 billion 'Gold Line': Which Communities Will Benefit

Serving an estimated 1.5 million residents across 15 strategic districts, the line will become the emirate's first fully integrated underground transit corridor and a critical artery for communities that have long waited for a direct metro connection

April 22, 2026 UAE Business
 
Subscribe to our newsletter