Easy Lease Motorcycle Rental PJSC
AADX:EASYLEASE19.90
AED
-0.56
(-2.74%)
ISIN
AEE002801018
Return %
Stock
S&P 500
1Y
-26.30
14.20
3Y
-36.83
81.12
5Y
-57.20
68.34
Capital Structure
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- CEO
- Ahmad Mohammad Ibrahim Al-Sadah
- Sector
- Consumer services
- Industry
- Movies/Entertainment
- Address
- Dubai United Arab Emirates
- IPO Date
- Dec 31, 2020
- Website
- easylease.ae
- Similar Companies
- Business
- Easy Lease Motorcycle Rental PJSC is a United Arab Emirates-based integrated mobility, fleet leasing, and logistics solutions provider. Founded in 2011 and headquartered in Dubai, United Arab Emirates, the company operates as a subsidiary of International Holding Company (IHC) and is listed on the Abu Dhabi Securities Exchange. The company organizes its operations across key business divisions comprising Core Mobility & Fleet Leasing, Logistics & Delivery Services, Mobility Technology, Transport Solutions, and Lifestyle & Support Services. Its comprehensive portfolio of products and services includes: turnkey motorcycle and commercial vehicle fleet leasing bundled with comprehensive maintenance, licensing, insurance, and replacement coverage; on-demand courier and last-mile delivery services utilizing dedicated rider squads; third-party logistics (3PL) solutions, freight forwarding, cargo transport, and warehousing management; luxury passenger transportation, airport transfers, and corporate limousine services; public transit management, autonomous transport systems, and demand-responsive bus operations; proprietary IoT-enabled telematics, GPS fleet tracking, and rider behavior monitoring software; electric vehicle (EV) charging station design, supply, and installation; roadside vehicle recovery and assistance; and marine facility management, leisure boat trading, and corporate event management. Easy Lease primarily serves business-to-business (B2B) clients across e-commerce, on-demand food and grocery delivery aggregators, courier services, pharmaceuticals, hospitality, and governmental sectors, managing an active fleet of more than 50,000 vehicles and mobility assets across the United Arab Emirates, Saudi Arabia, Bahrain, Oman, Qatar, Kuwait, and Jordan. In recent developments, the company has actively diversified its operations and regional footprint through strategic acquisitions. In October 2024, Easy Lease acquired a 51% controlling interest in Gallega Global Logistics, integrating over 3.5 million square feet of specialized logistics infrastructure in Abu Dhabi and Dubai. In March 2024, the company acquired a 60% stake in United Trans to expand into railway infrastructure, smart mobility technology, and security systems. These moves follow the acquisition of a 60% stake in electric vehicle charging firm Fully Charged to advance fleet electrification, alongside ongoing international expansion across the Gulf Cooperation Council region.