Page 27 - Centena Group PR Report - June 2024

Centena Group achieves robust growth in fiscal year 2023 with 28% increase in UAE

Centena Group achieves robust growth in fiscal year

2023 with 28% increase in UAE

(MENAFN- CommuniGate Middle East) UAE, June 24, 2024
Centena Group, a UAE-based mul na onal conglomerate and leading player in the field of science,
engineering, educa on, and technology solu ons, reported significant growth rate of 28 per cent in the

UAE, underlining its solid presence in the local market, and an impressive 53 per cent in Saudi Arabia.
The company also reported 30 per cent growth globally, demonstra ng its commitment to delivering

best-in-class technology services to customers around the world.

The growth is a ributed to the Group’s strategic investments in state-of-the-art technologies and

opera onal efficiency, combined with an unwavering focus on customer sa sfac on. Addi onally,
Centena Group’s alignment with revolu onary government ini a ves, such as Saudi Arabia’s Vision

2030 and the UAE’s Digital Government Strategy 2025, are also key factors in their success. By
suppor ng these ini a ves, they have seamlessly embraced digital transforma on to enhance services
and improve quality of life, further propelling their expansion.

Sanjay Raghunath, Chairman and Managing Director of Centena Group, stated: “We at Centena Group,

are delighted to announce these remarkable figures for the previous fiscal year. These outcomes a est
to the dedica on and diligence of our highly qualified team, as well as the steadfast support of our
partners, stakeholders, and esteemed clients. In our role as a customer-focused firm, we remain

commi ed to delivering quality services and fostering innova on as we con nue to grow our global
footprint.”

He added: “Today, technology is the cornerstone of every industry, making products, services, and
systems more efficient. It enables the tracking and streamlining of processes, maintains data flow, and
seamlessly manages contacts and employee records. This increased opera onal efficiency reduces costs

and facilitates rapid business growth. As a result, there is a huge increase in demand for our sectors,
such as marine electronics, security and iden fica on, educa on, industrial processes, life analy cal

sciences, and laboratory furniture. This encourages us further to create new, innova ve services that
benefit the industry and improve quality of life.”

The Middle East is at the forefront of the digital revolu on, with countries across the region pursuing
ambi ous economic diversifica on strategies to move beyond their tradi onal reliance on oil and gas.

This shi is supported by a young, tech-savvy popula on eager to embrace new technologies.

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