Abu Dhabi, UAE: EasyLease (PJSC), the UAE’s mobility solution leader and a subsidiary of Abu Dhabi-based International Holding Company (IHC), has been instrumental in the clean up efforts to help families and communities affected by the heavy rainfall in Fujairah, with hundreds of staff on the ground supporting neighbourhoods to repair the damage and restore order.
Civil authorities recruited more than 500 of the 1000 team members who volunteered from EasyLease and its subsidiaries, Uplift Delivery Services and 1885 Delivery Services, to actively participate in the cleaning efforts across Fujairah City Centre, the Sakamkam area, and Fujairah Port. The team from EasyLease provided manual labour and the necessary machinery and equipment to work in coordination with the Fujairah Municipality to effectively and efficiently repair areas affected in the northern emirate.
Ahmad Al Sadah, CEO of EasyLease, said: “This initiative to support the clean up efforts in Fujairah is borne from EasyLease’s commitment to serve and support local communities of the UAE. More than 1,000 members of our team volunteered to participate, and I would like to commend everyone for their generosity and hard work over the past days, as we joined together in unity to provide a helping hand for those in need. In that spirit, we stand ready to provide continued support and resources to the efforts; it is our honor to work alongside and support the dedicated civil authorities and volunteers who are restoring this community.”
Established in 2011, EasyLease is the UAE market leader in providing turnkey, ready-to-go logistic and delivery mobility solutions, and leisure and lifestyle transportation concepts. The company operates across the UAE’s seven emirates with the vision of delivering a mobility solution that mainly covers motorbike transportation, fleet traffic, management innovations, and yacht and boating fleet rental membership. With a fleet of over 25,000 motorbikes and 10 Service Centers, and mobile workshops, EasyLease has completed over 105 million delivery trips across the UAE. EasyLease’s revenue for the first half of 2022 reached over AED 95 million, surging by 46% compared to the same period last year; while profit grew to more than AED 22 million and assets hit in excess of AED 162 million.
About International Holding Company (IHC)
IHC was founded in 1998, as part of an initiative to diversify and develop non-oil business sectors in the UAE, and has grown to become the most valuable listed holding company in the Middle East with a market cap of USD 140 billion. The company endeavours to implement sustainability, innovation, and economic diversification initiatives across what is now one of the region’s largest conglomerates. IHC is included in FTSE ADX 15 Index (FADX 15), which represents the top 15 largest and most liquid companies on the ADX.
IHC has a clear objective of enhancing its portfolio through acquisitions, strategic investments, and business combinations. Comprising more than 30 entities and 22,345 employees, IHC seeks to expand and diversify its holdings across a growing number of sectors, including Real Estate, Agriculture, Healthcare, Food and Beverage, Utilities, Industries, IT and Communications, Retail and Leisure, and Capital.
With a core strategy to enhance shareholder value and achieve growth, IHC drives operational synergies and maximizes cost efficiencies across all verticals – it also continues to evaluate investment opportunities through direct ownership and entering partnerships in the UAE and abroad. As the world changes, and new opportunities arise, IHC remains focused on resilience, innovation and redefining the marketplace for itself, its clients, and partners.