Revenue triples at UAE consultancy AESG in 2018
The homegrown firm's growth follows the launch of an office in Saudi Arabia this May
Homegrown Emirati construction consultancy AESG has tripled its revenue growth in 2018 after a pipeline expansion of 90% in the last 12 months. This comes as the Dubai-headquartered firm, led by Saeed Al Abbar, implements a strategic expansion programme for 2019.
The specialist construction consultancy has added to its roster of offices in Dubai, Abu Dhabi, and London with a new base in Saudi Arabia. In 2018, AESG increased its workforce in 167% on the back of the new Saudi office announced this May, in addition to the hiring of senior directors in the UK and the doubling of its office space in Dubai.
Construction Week has requested for additional details of AESG’s sector and workforce expansion plans in 2019.
AESG’s realigned business units are now more focused on client needs, and cover verticals such as building engineering and design; land development and infrastructure; industry and oil and gas; strategy and advisory; and, commissioning and innovation. Additionally, the firm has expanded its building simulation offerings, with specific focus on computational fluid dynamics modelling, parametric design, and building information modelling for data and asset management.
Commenting on AESG’s 2018 performance and updates, managing director, Al Abbar, said the firm had also recognised “the global trend towards health and wellbeing”, and expanded its resources to develop healthy workplaces, as well as implement numerous Well-certified projects.
He added: “In addition to this, we see the need for the building industry to move towards net-zero developments, and we are already working with clients in this space off the back of some research we developed around net-zero buildings.
“Financial pressures are driving clients to become ever more focussed on maximising value on their projects. This, in turn, drives demand for consultants that can offer more tailored, strategic, and higher value advice. By expanding our portfolio, both in terms of geographies and market sectors, we have successfully gained traction in a number of new markets and verticals.
“This has resulted in new and strong partnerships with key clients which provides us with a robust and stable platform for growth even in the current challenging economic climate,” added Al Abbar, who is also the chairman of Emirates Green Building Council (EmiratesGBC).