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Home Press Statements

Dubai Leasing Summit Tackles the Promising Middle East Market

29th October 2018
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The global construction equipment leasing industry is gaining momentum, with its value projected to exceed $75 billion by 2024. Factors such as lower administrative overheads, reduced maintenance costs, are expected to drive rapid growth in the market.

In the Middle East, the launch of Saudi Vision 2030, Dubai Expo 2020 and the Smart Dubai initiative, have spurred unprecedented investments in infrastructure across the GCC, bringing significant development opportunities for the construction sector and equipment lessors. At the same time, a growing tourist industry, and increasing disposable income in the GCC, has bolstered demand for car rentals, and auto leases, creating a fertile market for auto finance companies from around the world.

The 5th Middle East Leasing Summit 2019, will take place in Dubai on January 16-17at this threshold moment for the leasing industry in the Middle East, and provide a platform for lessors, auto finance companies, equipment manufacturers, service providers, policymakers, and analysts, to discuss important market developments as well as share experiences and best practices.

The summit will include parallel two-day specials on Equipment Leasing and Auto Finance & Fleet Leasing, covering a wide range of important topics including tax, licensing and regulatory reforms, residual value management, the impact of Fintech and blockchain technology, the status of vendor industries, new car sharing paradigms, the market climate for auto finance across the region, and other related issues.

The 5th Middle East Leasing Summit 2019 continues event organizer Duxes’ engagement with the leasing industry,which includes 16 events over the past decade, which have equipped professionals with the latest knowledge on markets in China, across Asia, and the Middle East. Duxes leasing summits have been acclaimed for their attention to detail, thorough coverage, and interactive format. Professionals working in the leasing industry, and in related fields, are invited to attend.

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