logo
Transguard Group announces historic year-end results of AED 3.2bln

Transguard Group announces historic year-end results of AED 3.2bln

Zawya10-06-2025
Dubai, United Arab Emirates – Transguard Group, the UAE's leading business solution's provider, today announced record financial results for the year ended 31st March 2025. Total revenues were AED 3.2 billion, compared to AED 2.7 billion last year; Transguard's profit before tax increased by 30.4% to AED 265 million.
'These impressive results represent the dedication and commitment of our 67,000 employees,' said Rabie Atieh, Chief Executive Officer, Transguard Group. 'We set out with a very specific strategy: to intentionally disrupt our market sectors with positive innovation. Our clients are thriving now more than ever because we're facilitating their growth with a renewed sense of collaboration, which is underscored by the diversity of our service offering. This, in turn, enables us to be their reliable partner in each and every circumstance.'
Nick Beer, Chief Financial Officer, Transguard Group, echoed these sentiments: 'These results could not have been delivered without every one of our employees pulling together and driving home our renewed strategy backed up by our rock-solid fundamentals with the aim of delivering sustainable value accretion for all our stakeholders,' he stated.
Over the last financial year, Transguard Group has made significant shifts in its company culture, embarked on exciting strategic partnerships and aligned itself even more closely with various governmental bodies. As a result, the business solutions provider has played a key role in various initiatives brought forth by the country's leadership.
'As we look ahead, our journey is far from over. Building on the momentum of the past year, we will actively explore new avenues that will see Transguard diversifying into next-generation managed services solutions that are not only agile and tech-enabled, but also aligned with the nation's broader ambitions for sustainable, secure and future-ready growth. These strategic moves are designed to deliver even greater value to our shareholders, clients and partners, while reinforcing our commitment to supporting the UAE's vision of a resilient, innovation-driven economy,' Rabie concluded.
To learn more about how each division of Transguard Group has grown, download the FY24/25 annual report: www.transguardgroup.com/aboutus.
About Transguard Group
Offering flexible solutions for all of the UAE's staffing needs since 2001, Transguard Group is the region's most trusted expert in security, facilities management, cash services and white-collar staffing, and more. With an annual turnover of AED 3.2 billion in FY24/25, Transguard's expertise is in supplying the right people for its clients, precisely when and where they're needed. To learn more, visit www.transguardgroup.com.
For media queries
Lena ter Laare
Director – Marketing, Communications & CSR
lena.terlaare@transguardgroup.com
Mobile: +971 50 899 7953
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

How the UAE is using public-private partnerships to transform services, boost investment and create sustainable growth
How the UAE is using public-private partnerships to transform services, boost investment and create sustainable growth

Arabian Business

time33 minutes ago

  • Arabian Business

How the UAE is using public-private partnerships to transform services, boost investment and create sustainable growth

The UAE Ministry of Finance is turning public-private partnerships (PPPs) into a central driver of national development — using them to transform services, attract new investment, and support sustainable growth. Over the past two years, the Ministry has established a robust PPP framework backed by new legislation, governance tools, and training initiatives designed to strengthen cooperation between the government and private sector. These measures are aligned with the UAE's long-term ambitions under the 'We the UAE 2031' vision and the UAE Centennial 2071 strategy. UAE public-private partnerships Younis Haji AlKhoori, Undersecretary of the Ministry of Finance, said: 'Developing a robust PPP framework is a top priority for the Ministry of Finance, recognising its role as an effective instrument for sustainable development and a significant player in fuelling the UAE's economic and social advancement as well as in achieving the UAE's strategic goals. 'Through these partnerships, we strive to make the most of available resources, strengthen government performance, and facilitate the exchange of financial, administrative, and technological expertise with the private sector. 'We are committed to improving the community's quality of life, reinforcing the resilience and sustainability of the national economy, and advancing the objectives of the 'We the UAE 2031' vision and the UAE Centennial 2071.' In 2023, the UAE enacted Federal Law No. (12) regulating PPP projects at the federal level. The law encourages private sector participation in strategic and developmental initiatives, boosts investment in projects with significant economic and social value, and helps the federal government deliver projects with greater efficiency. In June 2024, the Ministry released a PPP Project Manual, setting out detailed procedures and policies for federal entities and private partners across the full project lifecycle — from planning and design to execution and operations. To build implementation capacity, the Ministry has run workshops to familiarise stakeholders with PPP processes. In May 2025, it launched a specialised PPP training programme developed with an APMG International-accredited institute. Graduates receive the Certified PPP Professional (CP3P) – Foundation Level qualification, supported by leading international financial institutions. Following the success of the first phase, the Ministry is preparing to launch the second phase, designed to deepen national expertise in PPPs and ensure long-term sustainability in line with international best practice. The Ministry of Finance said these initiatives reinforce the United Arab Emirates' determination to integrate private sector innovation and global expertise into strategic projects — ensuring that PPPs play a pivotal role in delivering a more sustainable and prosperous future.

UAE: SCA warns investors against unlicensed individual, company in Dubai
UAE: SCA warns investors against unlicensed individual, company in Dubai

Khaleej Times

timean hour ago

  • Khaleej Times

UAE: SCA warns investors against unlicensed individual, company in Dubai

The Securities and Commodities Authority (SCA) has issued a fresh warning to investors against dealing with an individual and a Dubai-based company found to be operating without approval. In a notice published on its website, the regulator said Thoufeek Raja Abdul Majeeth is not licensed or authorised to carry out activities under its supervision. 'The SCA assumes no responsibility for any transactions or dealings with him in this regard,' the statement noted. The SCA also cautioned the public against FX GLOBE Marketing Management, a Dubai-based firm, stressing that it is not authorised to conduct regulated financial activities or provide related services. The authority urged investors to verify the licensing status of any entity before transferring funds or entering into agreements, warning that transactions with unlicensed operators could leave them vulnerable to fraud. The move is in line with SCA's mandate under Federal Law No. 4 of 2000 to protect investors and safeguard the integrity of financial markets. This is the latest in a series of advisories issued by the regulator. On July 17, the SCA cautioned the public against engaging with Sigma-One Capital, Sigma Wealth World Financial, and Sigma One Cap Marketing Services, none of which are licensed to operate in the UAE. The warnings come on the heels of a series of Khaleej Times investigative reports that uncovered how such entities operating through shell firms, fake offices, and offshore registrations lured UAE residents into transferring thousands of dirhams through aggressive cold calls and misleading trading dashboards.

Tokio Marine Insurance UAE simplifies claims with Kodak Alaris' AI-driven automation
Tokio Marine Insurance UAE simplifies claims with Kodak Alaris' AI-driven automation

Khaleej Times

time2 hours ago

  • Khaleej Times

Tokio Marine Insurance UAE simplifies claims with Kodak Alaris' AI-driven automation

Tokio Marine Insurance UAE, a leading provider of comprehensive insurance solutions in the region, has significantly accelerated its claims registration process through a new partnership with Kodak Alaris. By deploying AI-driven document automation technology, the insurer has reduced claims processing time by 90%, streamlined operations, and improved overall customer satisfaction. 'Insurance is more than just a policy, it's a promise,' said Tsuyoshi Yamasaki, General Manager at Tokio Marine Insurance Dubai. 'When our customers reach out, they're often in distress. It's our job to be there at the time of need.' Until recently, the claims team at Tokio Marine Insurance UAE manually processed hundreds of submissions a day, particularly for car insurance. Each case required multiple documents - police reports, Emirates ID, driver's license, vehicle registration - and involved extracting dozens of critical data points, all by hand. With up to 600 claims arriving daily via email, the workload placed immense pressure on staff and exposed the process to inevitable delays and errors. That pressure reached new heights during the unprecedented floods of 2024, which drove claim volumes to record levels across the country. The experience reinforced the need for a future-proof solution that could scale under pressure and maintain the company's high service standards. To address the challenge, Tokio Marine Insurance UAE turned to Kodak Alaris - a trusted technology partner with deep experience in document intelligence. Together, the two teams designed and implemented an AI-enhanced automation solution, anchored by Kodak's Info Input platform and powered by Microsoft Document AI. Rather than taking a one-size-fits-all approach, Kodak Alaris engaged in in-depth discovery sessions and ran a focused proof of concept that validated results from the outset. Since deployment, the time required to process each claim has dropped by 90%, enabling faster communication with customers - often within hours rather than days. The automation platform now handles three times the daily claims volume, while exception handling has decreased by 60% due to improved accuracy and automated validation. With a legacy dating back over 144 years, Tokio Marine Insurance has long been committed to its guiding principle: 'QUALITY, ALWAYS.' This latest digital transformation initiative reinforces that promise by simplifying a historically complex aspect of the insurance journey - claims processing. Staff who once focused on manual data entry are now redeployed to handle complex cases requiring human judgement, enhancing both job satisfaction and customer outcomes. 'It's not about replacing people; it's about empowering them. Our staff are now spending more time resolving edge cases and less time correcting typos. That's where human judgment really shines,' Yamasaki explained. Beyond operational efficiency, the volume of data captured per submission has increased significantly, enriching insights available for better decision-making, audit trails, and pricing models. 'Being able to automate data extraction means we can now add several more fields into our insurance systems per claim,' shared Mohamad Bader, Senior Manager – Information Technology at Tokio Marine Insurance UAE. 'It's helping with compliance, forecasting, and tailoring our offerings better than ever before. The biggest change however is the elevation in customer satisfaction. Faster response times mean fewer follow-ups, and greater trust. People feel cared for, and that's what sets us apart.' In an era where digital transformation often comes with hype, Tokio Marine Insurance UAE's partnership with Kodak Alaris stands out for its tangible, meaningful results. It's a case study in how thoughtful use of automation and AI can not only solve business problems - but also make life easier for the people behind each policy. 'Technology is most valuable when it improves lives. With Kodak Alaris, we've built a bridge between operational excellence and human empathy. The company's solution enhances our human effort, makes our operations smarter, and most importantly, helps us take care of our customers better,' concluded Bader.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store