One of the driving forces behind the growth is the adventurous spirit of millennials and Gen Z
ALD Automotive has successfully completed the acquisition of LeasePlan, one of the world’s leading fleet management and mobility companies, from a consortium led by TDR Capital.
This acquisition represents a step-change which positions the combined group as a leading global sustainable mobility player with total fleet of 3.3 million vehicles managed worldwide. By joining forces, ALD Automotive and LeasePlan will lead the way to net zero and further shape the digital transformation of the industry. The combined entity will leverage on scale and complementary capabilities to strengthen its competitiveness and deliver sustained growth.
To lead strategic development in the UAE, Tim Albertsen, chief executive officer of ALD Automotive and LeasePlan, has confirmed that Ajay Narain, who has been leading LeasePlan Emirates since Sept 2011, will be the country managing director.
Ajay Narain is one of the key talents selected from both ALD Automotive and LeasePlan who is best positioned to successfully deliver the strategic development growth targeted in the coming months and years.
One of the driving forces behind the growth is the adventurous spirit of millennials and Gen Z
Figure reflects the emirate’s growing appeal as a preferred investment hub for innovative technology companies
SIB has continued to maintain a strong liquidity, amounting to Dh15.3 billion
Corporate tax registration deadlines for foreign entities
Many individuals see the precious metal as a long-term investment and choose to hold back despite the high rates
Investments in infrastructure, population growth to spur topline growth, S&P says
Strategic agreement made for Marine Lubricants Supply
ADCB has moved up four places to rank 109th in Brand Finance’s latest report