Mr. Mohammad Ahmed Muhareb Al-Qahtany – Chairman and Managing Director of First Equilease said:
"First Equilease, a pioneer in the Gulf region for leasing heavy equipment is witnessing steady growth, which comes as a result of the growing confidence of our clients in our innovative services. First Equilease always seeks to add value to its customers through creating the best leasing solutions to fit their special needs, and through providing them with high quality building and transportation equipment”.
Mr. Al-Qahtany added that: "the Company’s fleet consists of 280 various infrastructure and building equipment of high quality which includes different types of cranes, earth movers, forklifts, tankers, Concrete mixers and other transportation and building equipment”.
First Equilease signed leasing contracts with its customers amounted to 7.5 million Kuwaiti dinars, and under this contracts hire heavy equipment and trucks for use in construction, transport trucks and forklifts to Equilease clients.
The company's major shareholders include Kuwait Financial Centre (Markaz), Markaz Energy Fund, Lo’lo’a National Company, Privatization Holding Company and Al-Mubader Company.
News Source: http://www.alanba.com.kw/ar/economy-news/387351/07-06-2013