In view of the importance of adaptation of modern technology in the country's overall development, Bin Hamoodah Group decided in 1979 to establish a new, 100% local company called Gulf Industrial Services Company (GISCO)GISCO (A Bin Hamoodah Group Company), is a multidisciplined Electro-mechanical Contracting Company based in the United Arab Emirates, and an organization that has become known as a facilitator of industrial and commercial development within the region. The Company established itself as a leading contracting force in the Emirates, providing services to key clients in the industrial and commercial sectors and taking part in its economic boom.