A success story of more than 35 years
Damas Company Pvt Ltd started more than 35 years ago as a construction business and is now a leading Male’-based conglomerate company servicing a broad base of customers across different industries catering to their needs and demands and an expanding vast of consumers and corporate customers across the Maldives.
Damas Company Pvt Ltd is one of the most reputed business groups in the Maldives trusted by businesses and the public as well. With its core businesses in general trading, tourism and hospitality, real estate and construction and medical services, Damas is committed to serving the nation and the public at large through providing access to products and services.
We aim to meet the needs and demands of society in ways that are economically, socially and environmentally viable, now and in the future. Learn about our business and people, and how from a humble beginning nearly 35 years ago grew to become one of Maldives major reputable companies.
The Company firmly believes that the objective of doing business should encompass aims greater than maximizing short term benefits; that a successful business could only be sustained with real and comprehensive stakeholder participation that includes its customers and clients, suppliers and collaborators, distributors and retailers, staff and shareholders; and that the business should, directly and indirectly, help to enhance and improve the quality of life of all those whom the Company believes are its stakeholders.
Our philosophy is translated into our daily activities through the way we conduct our daily business and our continuing programs aimed to achieve human empowerment and cultivate the spirit of entrepreneurship amongst the staff and those in our network of distributors that we have established and continue to nurture.
1970s : The Company’s origin lies in the construction business that Mr. Mohamed Salih, the Chairman of the Company, set up in Male’ in 1978.
1980s: Mr. Mohamed Salih and his business partners formed Dimms Pvt. Ltd in 1983.
1990s: It was a period of intensive investments and creating new avenues. A modern approach was introduced, paving the way for the launch of new leading products and services.
2000s: Partners of Dimms decided to dissolve the company and split its businesses. Damas Company Pvt Ltd came into being in the same year.
2001 – 2018 Continues development...
Focused on maintaining excellent products and satisfactory service.
Continued people development and improving sustainability. Our staff is our strength and it is their dedication and passion that has brought us to where we are today. We firmly believe that staff empowerment is key to our success.
Wide diversification enables Damas Company to identify opportunities and channel investments into attractive markets.
Staying one step ahead of technological developments, Damas carry out continuous development and produce innovative solutions by maintaining strategic partnerships with scientific bodies, international research centers, and leading companies globally.
A key competitive advantage of Damas Company is their expertise in creating avenues and establishing ventures that will be beneficial to its consumer and to the country as a whole.
Our goal; "To help improve people's lives." Everything we have done - from the culture we have nurtured, the changes we have created and the platform we have built - has been in support of that singular goal.