Belbadi Group was incorporated in 1982 as a UAE-based, multi-business establishment focused on serving the needs of the UAE market. Since then, the Group has been expanding and playing an important role in commercializing new business ideas, in order to contribute to the development of the national and regional economy. In addition to sponsoring several blue-chip international companies, the Group comprises a number of subsidiary companies that are key players in the areas of Information Technology, Oilfield Services, Construction and Land Development, Electromechanical Contracting, Carpentry, Joinery and Interior Decoration, Automobile Distribution, Financial and Investment services, Healthcare Services, Educational Institutions, and Child Learning and Development Centers. We see today how the ‘Digital Economy’ is driving new ways of doing business, stimulating improvements in productivity and changing the competitive landscape of industries, while also creating greater customer expectations and increasing the capacity for wealth-generation. I strongly believe that in this new era, wealth is the product of knowledge and ability. The prime currency that will create new business and accelerate growth is Intellectual Capital – the knowledgeable and experienced workforce.

Therefore, in line with our Group’s Vision of investing in people – the vital asset of any organization, the decision to start up iCapital was based on our confidence that iCapital’s key differentiator is the ideas, talents, knowledge and competence of its people, who will be the most important factor for succeeding in the dynamic and highly competitive Information Technology industry.

I trust that iCapital’s innovative solutions and Belbadi Group’s commitment will ensure quality products and services, in order to maintain the excellence that has and will always be synonymous with the Belbadi name.

Sincerely,

Ahmad Saeed Al Badi
Chairman, Belbadi Group.